PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Wells Fargo also reported heightened debit card usage.

Credit Cards 114

Credit Cards Point-of-Sale (POS) Push-to-Card Debit Card 114

PYMNTS

JUNE 25, 2018

In a ruling Monday morning (June 25), the Supreme Court of the United States ruled that American Express , the third-largest card network in the U.S., did not violate federal antitrust laws with business practices — known as anti-steering — that prohibit merchants from, in turn, dissuading consumers from using American Express cards.

Laws 41

Laws Credit Cards Push-to-Card Rules 41

FICO

JULY 22, 2016

Here’s a quick summary of how it works (a more in-depth description can be found here ): Install CakePay on your iPhone or Android phone and add your preferred payment card to it. A second trip to come back to pick it up with your payment card. A third to bring the card back so the guest can add the tip on the paper receipt and sign.

Mobile Payments 72

Mobile Payments Push-to-Card Payments Checks 72

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. Increase the number of customers on Amazon, and enable each customer to spend more. Amazon Payments.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

NOVEMBER 2, 2017

Before coming to Mastercard five years ago, Judge was part of the Transport for London team, which brought contactless payments to London’s public transport (also in partnership with Cubic ) in 2014. New York City commuters – arguably the most on-the-go demographic in the United States – do not want to wait for anything.

Contactless Payments 42

Contactless Payments Visa Push-to-Card Authorization 42

PYMNTS

APRIL 17, 2017

Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards. So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press).

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

AUGUST 21, 2017

Jeff Bezos started Amazon in his Bellevue garage in 1994. And perhaps the most famous garage startup story ever is that of Bill Hewlett and David Packard and the garage they rented in 1939 to start the electronics company that would later bear their names. That garage is now a private museum and is listed on the National Register of Historic Places.

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51