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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed’s innovative offering will include a no-fee credit card with features such as no hidden charges for international use, zero-interest on purchases for up to 31 days, and an advanced app with real-time transaction monitoring and security features like card freezing and unlimited virtual cards for secure online transactions.

FinTech 113
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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Annual Percentage Rate (APR) The annual interest rate charged by a credit card issuer on outstanding balances.

Process 52
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U.S. Bank Unifies Global Commercial Card Platforms

PYMNTS

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.

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Cash or Credit: A Millennial Story

FICO

FICO's research also found that they are more interested than other generational groups in receiving notifications from their card provider on upcoming or missed payments, suspicious account activity and credit limit warnings. Helping to build a base of new Millennial clients is of the first critical step in those efforts.

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SMB Charge Cards: Brex is the new Amex

Fintech Labs Insights

The Brex card’s unique feature is its high credit limit for startups. The startup underwrites the care, not with credit history, but with cash in the bank. Emigrant Bank — Card issuer. FAB Score = 469 (#1 on our list of the top 15 charge/credit cards targeted to U.S. Partnerships.

FDIC 15
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Data Dive: Walking The Walk Edition

PYMNTS

On Thursday morning, news broke that the nation’s largest retailer is suing its longtime credit card issuer, alleging breach of contract. 1), Walmart alleges that Synchrony used underwriting standards that hurt Walmart financially, and is seeking damages of $800 million. In a suit filed in the U.S.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

‘PayFac’ technology simplifies underwriting and onboarding. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. TABLE OF CONTENTS. A decade of online payments innovation.