Fraud Alerts news and trends

US Bank Looking To Sell Its Payment Unit, Elan
Partnerships / Acquisitions // August 09, 2018

U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in the running to acquire the unit from U.S. Bank. Elan processes credit cards for 1,800 banks in the U.S., providing...

Elan Brings Two-Way Fraud Alerts To Debit Cards
Fraud Prevention // October 13, 2017

Payments provider Elan Financial Services announced that along with Ondot Systems, the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers two-way fraud alerts for Elan processed debit cards. With real-time alerts via My Mobile Money,...

Quick Reads
Bitcoin Daily: Venezuelan Department Stores To Launch Blockchain POS; Blockchain Analysis Firm Debuts Real-Time Fraud...

August 23, 2019
Blockchain firm Pundi X has announced that Venezuela’s largest chain of department stores will implement the XPOS, the blockchain-powered point-of-sale device, across its 49 stores around the country. Traki customers will be able to use various cryptocurrencies as payment options for the retailer’s products. “Traki has been one of the early adopters of cryptocurrencies in […]

US Bank Looking To Sell Its Payment Unit, Elan

August 09, 2018
U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and Fiserv are in the running to acquire the...

Elan Brings Two-Way Fraud Alerts To Debit Cards

October 13, 2017
Payments provider Elan Financial Services announced that along with Ondot Systems, the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers...