Fintech News

SEPTEMBER 4, 2024

Zed (Philippines) Zed card, Source: Zed Zed is a forthcoming credit card service in the Philippines that plans to offer a unique, fee-free approach to credit aimed primarily at young professionals, particularly those new to credit or without an extensive credit history. million downloads.

FinTech 118

FinTech Cross-Border Payment APIs and Integration Credit Cards 118

PYMNTS

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.

Debit Card 47

Debit Card Push-to-Card Fraud Prevention ATM 47

PYMNTS

MAY 31, 2017

The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. TSYS’ announcement was made the same day new data from Capital One emerged that found a significant rise in demand for commercial card services.

Mobile Payments 45

Mobile Payments Commercial Card Card Issuer Issuers 45

PYMNTS

JULY 25, 2017

Now, the portal unifies all of these cards, even if banks other than U.S. Bank issued the corporate card. Card managers can add or delete accounts, manage merchant codes, and modify credit limits, and the platform supports service in 20 different languages. In bolstering its commercial card services, U.S.

Commercial Card 40

Commercial Card Credit Limit Card Issuer Correspondent 40

PYMNTS

MARCH 15, 2019

Also showing declines, Alliance Data Systems said in its card services portfolio, February delinquency rates were 5.67 Finally, Discover Financial Services said its own credit card delinquency rate was 2.49 percent, while the rate measured by that site for the top 100 banks that issue cards showed a delinquency rate of 2.5

Credit Cards 43

Credit Cards Federal Reserve Card Issuer Issuers 43

Stax

JANUARY 10, 2024

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), In addition to generating revenue for the card network, the purpose of credit card transaction fees is to cover operational costs and risk management.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Commercial Card 53

Commercial Card Card Issuer Issuers B2B 53

PYMNTS

DECEMBER 1, 2016

Under the deal, TSYS will give Virgin Money a flexible and reliable card processing service. Back then, TSYS announced it signed a payments agreement with Optal Financial Limited, one of Europe’s leading virtual card issuers. and Hong Kong, Optal is a worldwide company that provides end-to-end B2B payments services.

Process 40

Process Debit Card Card Issuer Agreements 40

Stax

MAY 7, 2024

To complete payment processing, credit card companies have to charge processing fees. Also referred to as swipe fees, these are simply fees that the merchant pays to the credit card company or credit card service providers to accept the payment. Can merchants pass credit card processing fees to customers?

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

CB Insights

OCTOBER 10, 2018

Neon quickly secured a new partner, BancoVotorantim, to resume card services. The most well-funded startup is Georgia-based Greenlight Financial, an alternative debit card issuer that allows parents to manage spending limits and allocate funds for their children through a mobile app. Millennials.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

NOVEMBER 19, 2018

The company also said it will debut contactless debit cards in the second half of next year. While popular globally, contactless cards have been slower to get off the ground in the U.S., largely because very few issuers offer them thus far. Chase is the largest card issuer in the U.S.,

Payroll 49

Payroll B2B Online and Mobile Banking NOV 49

PYMNTS

OCTOBER 24, 2019

You can set it as the default card, and use it for in-store purchases on iPhone and online purchases on Apple Watch, iPhone, iPad and Mac.”. “We We just have their word on it, but I am assuming it to be true,” said Vaduvur Bharghavan, president and CEO of Ondot Systems , a card services provider. On Wednesday (Oct.

FinTech 42

FinTech Credit Cards Online and Mobile Banking Card Issuer 42

PYMNTS

NOVEMBER 15, 2018

To that end, Chase , the largest card issuer in the U.S., 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. The effort is broad and far-reaching, considering how more than 90 million debit and credit cards are wielded by Chase customers across the United States.

Card Services 71

Card Services Contactless Payments Point-of-Sale (POS) Credit Cards 71

CB Insights

DECEMBER 4, 2019

In December 2017, Amazon’s Alexa Fund participated in a $16M Series A to Greenlight Financial, an alternative debit card issuer aimed at young consumers. With the card, parents can manage spending limits and allocate funds for their children through a mobile app.

Online and Mobile Banking 101

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

PYMNTS

AUGUST 5, 2020

This week’s roundup of Commercial Card Innovation also finds growing interest in digitizing and mobilizing the corporate card, either through virtual card generation or mobile wallet support, at a time when contactless payments remain on the upswing. BofA Expands Contactless Biz Card Service.

Commercial Card 63

Commercial Card Online and Mobile Banking Contactless Payments Visa 63

PYMNTS

FEBRUARY 15, 2017

The effort to drive further adoption of virtual cards among suppliers is one of the key activities of commercial card issuers and their corporate clients.” According to Stone, the company said there has been growth in its virtual cards operations of 236 percent in the last three years in the U.S. ”

Commercial Card 48

Commercial Card Push-to-Card Card Issuer Innovation 48

Finovate

JANUARY 12, 2024

Rivero has forged partnerships with more than 20+ financial institutions including Swiss bank Cembra , which deployed Amiko, and payment card issuer Cornercard , which deployed Kajo. Latin America and the Caribbean Conta Simples, an expense management and corporate card services platform based in Brazil, secured $41.5

Payment APIs and Integration 64

Payment APIs and Integration Disputes Card Issuer FinTech 64

The Fintech Times

DECEMBER 12, 2024

This collaboration will help deliver a more seamless, modern, and multi-channel credit card service experience, and will begin with a rollout to more than two million customers of a large strategic card partnership programme.

FinTech 64

FinTech Credit Union AI Non-Bank 64