"Visa Inc. spotlighted the evolution of its dispute program, making it easier for merchants to fight first-party misuse, also known as friendly fraud or first-party fraud, for card-not-present transactions...The rule change gives merchants more ways to show a disputed...
Orum, announced the launch of Verify, the first ever product built on top of FedNow, the Federal Reserve’s new instant payment rail. Orum’s patented technology – Verify – determines within 15 seconds whether a bank account is open and valid before initiating...
"Orum announced the launch of No Code Verify, which helps businesses and institutions determine whether a bank account is open and valid before initiating payments — all without integrating an API."
Credit Union National Association (CUNA), CO-OP Financial Services and PSCU have collaborated on a system-wide disaster response for the credit union movement. Special toll-free numbers dedicated to helping credit union members with access and branch information as they may be displaced or their institution unavailable due to Hurricanes Harvey and Irma are now available.
PayPal Holdings Inc.’s Venmo peer-to-peer payment service has been a fabulously popular product among users, but from PayPal’s point of view it has one big problem: It’s free. Since users don’t pay for the service, PayPal has to seek Venmo revenue elsewhere. Now, with a test about to start for a plastic Venmo debit card, […]
