Mastercard Rolls Out Numberless Debit Cards in Australia
As part of Mastercard’s plan to remove the 16-digit number from its credit and debit cards by 2030, Australia’s AMP Bank is rolling out the first numberless debit card for small businesses. AMP, a mobile-first bank, is introducing the cards to both its small business and personal banking customers. Other Australian banks plan to launch […]
Artificial Intelligence: The Key to Saving More on Every Debit Payment
For everyday consumers, using a debit card is a simple and direct choice, transferring funds straight from their banking account. For businesses, however, it’s a different story. The Durbin Amendment to the landmark Dodd-Frank banking law, passed in 2010, limited the transaction fees that card processors could impose on businesses. This had the happy side […]