EVO Canada News

Let EVO Canada help your business

Archive for January, 1970

EMV and U.S. gas pumps: Just 1.4 million to go

Thursday, 1 January, 1970

As unattended devices, gas pumps would perhaps benefit most from EMV’s anti-counterfeiting tech. They have also been among the most difficult to upgrade, prompting the card networks to give gas stations extra years to get EMV compliant. But there is progress. …read more

Source:: Payments Source – Debit

BofA settles debit fee case with Arizona ex-prisoners

Thursday, 1 January, 1970

A suit alleges former inmates in Arizona’s state prison system were charged $15 fee for teller-assisted transactions, compared with other customers who were charged nothing. …read more

Source:: Payments Source – Debit

Denmark cracks down on money laundering as bankers face prison

Thursday, 1 January, 1970

The plan places a greater burden on bank managers to stop money laundering, with board members overseeing companies caught breaching the law also facing punishment if they fail to intervene. …read more

Source:: Payments Source – Debit

Circle’s free remittance model is a bombshell aimed at a different target

Thursday, 1 January, 1970

Circle free offering leaves a lot of money on the table, but it also stems from a fundamentally different approach to cross-border payments. …read more

Source:: Payments Source – Debit

CFPB tweaks final prepaid rule, seeks comment on second delay

Thursday, 1 January, 1970

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time. …read more

Source:: Payments Source – Debit

WorldRemit adds Android Pay for mobile remittances

Thursday, 1 January, 1970

WorldRemit is integrating with Android Pay, taking a big step toward streamlining the process for sending mobile cross-border remittances. …read more

Source:: Payments Source – Debit

Walmart adds immediate credit access to Walmart Pay

Thursday, 1 January, 1970

Credit card usage began expanding with the economy, and Walmart wants to ride that wave with several enhancements to its own credit cards, including near-instant access to newly issued credit accounts within its mobile payments app. …read more

Source:: Payments Source – Debit

Biggest online lenders don’t always check key borrower details

Thursday, 1 January, 1970

Two of the biggest online consumer lenders don’t always check whether borrowers are lying to them, and if they find errors in an application, they may still approve the loan. …read more

Source:: Payments Source – Debit

Amex begins a deeper dive into corporate travel data

Thursday, 1 January, 1970

Merchants increasingly sing the praises of analyzing customer payment data to learn more about spending habits and deliver customized offers through mobile devices. American Express is kicking off a project to do the same with corporate travel data. …read more

Source:: Payments Source – Debit

6.6.17: Your morning briefing

Thursday, 1 January, 1970

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web: SnapChat’s big acquisition; Apple’s QR code play; Amazon’s TV takeover; and Tim Cook’s metadata policy. …read more

Source:: Payments Source – Debit