Congress eases regs on small banks, Amazon gets tough on returns, Vocalink attacks faster fraud.

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May 23, 2018

Fleet Cards

Mastercard: Fleet Cards Go High-Tech And Real-Time

The problem with fleet cards today, Mastercard SVP Kiki Del Valle, told PYMNTS, is that they solve for only one piece of the fleet payments problem: paying at the pump. It’s a problem that Mastercard and U.S. Bank plan to solve by using Mastercard’s fleet management platform to put real-time data on fleet spend into the hands of fleet managers.

 

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Fraud Prevention

Vocalink: How To Stop Fraud In The Era Of Real-Time Payments

It turns out that criminals are jumping on board the real-time payments bandwagon, too, in an attempt to commit invoice fraud and other thefts via the ACH network. Mastercard's EVP of ACH services, Gary Kearns, and David Divitt, director of product, tell Karen Webster why stopping criminals from exploiting faster payments requires speed — plus a much wider view of what’s happening across the broader payments landscape.

 

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Walk To The Elevator Series

Fiserv: Checks Aren’t Dead Yet — Here’s How Banks Are Responding

Victoria Dougherty, vice president of deposit solutions at Fiserv, says the death of checks is wildly exaggerated. In the latest Walk to the Elevator podcast series, Dougherty said that although the check market may be declining, banks with better check cashing services still have the power to win over consumers — especially when it means offering immediate access to check funds.

 

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Digital Identity Tracker™

TRENDING: Inside GDPR’s Enforcement Strategies

The EU’s General Data Protection Regulation goes into effect on Friday, with reports that more than 40 percent of businesses are seemingly unprepared. But ready or not, Ultan O’Carroll, technology advisor for Ireland’s Data Protection Commissioner, says firms that are not compliant will soon find themselves under investigation — or worse. O’Carroll gives PYMNTS an inside look at GDPR enforcement strategies, and punishments offenders may face, inside the Digital Identity Tracker.

 

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What's Hot


Chase Launches Ink Business Unlimited Credit Card


Congress Passes Bill To Ease Regs On Small Banks


MoviePass Parent Company Stock Hits New Low


Yelp Renews Antitrust Complaint Against Google


Amazon Takes Tough Stance On Returns


Consumer Fear Of Autonomous Vehicles On The Rise


Wells Fargo’s Innovation Chief To Retire


Amazon Retail Exec Jumps To Zulily As President


Comcast Faces Fallout From Consumer Data Breach


Bitcoin Daily: Circle Expands Crypto App, Hackers Steal $1.7M In Verge XVG Coins


Best of Yesterday 


NEW DATA: The Commerce Channel 58 Percent of Consumers Now Use — And Like


Visa, Ingo Money: Pushing Payments Over The Last (Digital) Mile


 

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