August 22, 2023
FNBO and Visa Launch Digital Wallet Card Issuance Partnership
FNBO has teamed with Visa to provide customers with a better mobile wallet experience. FNBO (First National Bank of Omaha) announced the collaboration Tuesday (Aug. 22), saying it provides instant account credential delivery to a...
August 22, 2023
EchoPay and Token.io Partner on Account-to-Account Payments for UK Wholesalers
EchoPay and Token.io have joined forces to introduce account-to-account (A2A) payments to wholesale merchants in the United Kingdom. This partnership aims to significantly reduce payment costs for wholesalers by utilizing Token.io’s infrastructure, the...
August 22, 2023
Report: Payroll Revision Could Make 500,000 Jobs Vanish
America’s strong labor market might be somewhat weaker than anticipated. As Bloomberg News reported Tuesday (Aug. 22), government data released this week logging payroll growth for the year through March will include...
August 22, 2023
Thales Debuts Cloud-Based Payment Service
French multinational tech firm Thales has unveiled a tool to help customers adopt a cloud-based payments infrastructure. Announced Tuesday (Aug. 22), the Thales payShield Cloud HSM is a subscription-based digital payments security service...
August 22, 2023
Retail Theft Costs US Merchants Like Walmart and Target $100...
“It’s more than shoplifting. It’s organized retail theft,” PYMNTS said at the end of May and it’s an issue that lives on. U.S. retailers are still grappling with “inventory shrinkage,” which...
August 22, 2023
Neches Credit Union Picks PSCU For Credit Card Support
Neches Federal Credit Union has picked PSCU for credit card processing services and support. PSCU, a credit union service organization, announced the partnership in a news release provided to PYMNTS Tuesday (Aug. 22)....
August 22, 2023
Nearly 60% of Consumers View Mobile Phones and Laptops as...
Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select online financial activities. In the...
August 21, 2023
Food Delivery Robots Expand Amid Backlash, Theft
As delivery robots expand their reach in cities and on college campuses, some are making their negative sentiments about the technology known, reportedly going so far as to vandalize or...
August 21, 2023
Social Media Shopping Blocked By a Lack of Trust
Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to find goods and services. However,...
Generative AI tools like ChatGPT have been game-changers across multiple industries, and digital fraud is no exception. The “Credit Union Tracker®,” a collaboration with PSCU, explores how fraudsters are using AI to target credit unions on an unprecedented scale.