Consumers are using debit cards to buy big-ticket furniture pieces online and transform their homes into home offices. In the Next-Gen Debit Tracker, Ben Groom, global chief digital officer for furniture retailer Herman Miller, explains how new fraud tech will let consumers pay using funds...
Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Debt markets contract during economic downturns — a point the pandemic is proving beyond the shadow of a doubt as debit usage causes a near-total eclipse of credit in Q2 and after. Get the Full Story Complete the form to unlock this article and enjoy...
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The $4.19 billion musical instrument industry has a growing fraud problem. As consumers go online to shop, card-not-present (CNP) fraud attempts are rising, with victims being charged for high-price instruments and fraudsters reselling them on black markets, says musical instrument and equipment retailer Sweetwater’s Chief...
The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Shoppers are also more...
Advances in mobile banking apps have taught financial institutions (FIs) that people desire more control over their money – in their hands, on their phones and with their apps. But that convenience is secondary to the other thing FIs are learning about debit: People today...
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Emergency aid won’t ease Americans’ financial woes if the most vulnerable can’t easily access it. In this month’s Next-Gen Debit Tracker, Rose Jones, director of Rhode Island’s Office of Healthy Aging, and Kathleen Cloutier, executive director of the nonprofit Dorcas International, discuss how disbursing relief...
