Cards

Green Dot's financial performance has improved substantially over the past year, enough for the prepaid card issuer to raise its outlook for the rest of the year.

The fintech is partnering with Choice Financial in North Dakota to create a Douugh-branded checking account and debit card that will prominently feature an AI-based virtual assistant named Sophie.

Jeanne Tisinger spent three decades working at the CIA, where her most recent position was deputy director overseeing the agency’s physical and cybersecurity and information technology spanning more than 100 countries.

In the U.S., Visa Direct has emerged as one of the few go-to tools for fast payments in a market that is overdue for such options. The product's true test begins now, as Visa launches it in Europe, where faster payments options are far more plentiful.

New York plans to dramatically digitize its subway system, phasing out its iconic MetroCard to install contactless tap-and-go technology, bringing a dose of the 21^st century to a system that dates to 1904 but often feels even older than that.

The Canadian payment system is evolving into something almost completely different, an evolution that's birthing new ideas to handle authentication.

Startups and banks have watched for years as young consumers shifted from credit cards to debit cards to, finally, P-to-P apps. But what's driving that shift may not be what the providers intended.

Certain prepaid debit card issuers that didn’t initially adopt EMV technology — because of a lower perceived security threat for these limited-use cards — are now going the EMV route.

Now two years on from the U.S. EMV liability shift, chip cards are commonplace in American wallets. But the benefits of EMV cards — a longer five-year lifespan and a reduced need to reissue in the event of fraud — have muted the demand for new cards.

Financial institutions should consider personalized campaigns and offers designed to convert customers to their debit or credit card, writes Bob Koehler, executive vice president of project management for SRM.