Until October last year, despite outnumbering credit cards by a factor of more than 25, debit cards accounted for only 42% of the total card spend. This has jumped to 60% after demonetisation. Debit ...

Imagine waking up one morning, checking your bank balance and seeing $1,000 missing because your card info got stolen. That’s ...

ARC is slated to roll out a new tool in mid-July that automates the management of the now-mostly manual debit- and credit-memo process. Some 1,000 agencies, including Expedia, and about two dozens ...

Northwest Airlines became the first U.S. major carrier to commit to using ARC Memo Manager, a Web-based tool to manage the credit and debit memo process, ARC officials said. Some 65 airlines have ...