Visa Debit Archives - Member Access Processing

Infographic: 5 credit union mobile app must-haves

As consumers become more technologically savvy, they expect their financial institutions to keep up. Credit unions and banks all over the country are beginning to offer their own branded apps that allow consumers to deposit checks, make transactions and check account activity. DOWNLOAD INFOGRAPHIC

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False positives are becoming a problem in the payments industry

Consumer security is a top priority for financial institutions across America. At a time when emerging technologies allow consumers to make purchases in any number of ways, having confidence that transactions are being made securely without any information being shared is important.

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Innovation is driving choice of FI by younger members

New technologies have given financial institutions opportunities to reach consumers in a wide variety of ways. While some consumers prefer traditional banking practices, like face-to-face visits and check writing, others are more drawn to mobile banking and other technologies.

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Checkout lines could go faster with contactless payments

Though the EMV shift last year was meant to improve the payments industry and make transactions more secure, the change has had its fair share of drawbacks.

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Friendly fraud increases with EMV switch

Since the EMV liability shift in October 2015, merchants have had their fair share of things to consider. Beyond the logistics of preparing a shop to accept EMV cards, many retailers have had a rude awakening when fraud does occur at their establishment despite the new technology.

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Visa Introduces Digital Commerce App to Grow Mobile Capabilities of U.S. Financial Institutions

Today, Visa Inc. (NYSE:V) introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own mobile app to customers with valuable card management services – ultimately expanding and strengthening their Visa credit, debit and prepaid card offerings.

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Credit unions should take advantage of prepaid’s growing popularity

Prepaid cards made their debut in the 1970s, and they have since been a consistent payment method many people have turned to in the intervening decades. For the most part, the people who used prepaid cards were college students, low-income workers and unbanked individuals, or those who did not have a checking account at a

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Mobile pay predicted to overtake cash by 2030

For many years, consumers have had three main options to choose from when they needed to make a purchase or payment: cash, check or debit or credit card. But recently, a fourth option is available to and adopted by increasingly more people: mobile pay.

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