Small Business Debit Usage is an Untapped Gold Mine for Issuers

A new report found nearly half of small businesses use business debit, creating both a strong user base and an opportunity to grow for debit issuers. However, use of personal demand deposit accounts (DDAs) and debit products persists, even among larger small businesses. Converting additional businesses to debit may be harder than it should be.…

Benefits and Challenges of Implementing User Authentication

Benefits and Challenges of Implementing User Authentication

The Electronic Funds Transfer Association (EFTA), which works to advance electronic payments and commerce through responsible federal government relations and member education, released its second white paper on, “User Authentication,” which details the benefits and challenges of utilizing user authentication as a component of an overall security strategy. According to the Department of Commerce, U.S.…