Electronic Payments Coalition

OCTOBER 16, 2023

The Electronic Payments Coalition (EPC) released a new explainer document highlighting why retailers and their trade associations have historically pushed for greater usage of credit cards. Despite a recent campaign from some of the loudest voices in retail, credit cards have increasingly become the preferred option of commerce.

Credit Cards 40

Credit Cards Push-to-Card Card Issuer Cybersecurity 40

PYMNTS

OCTOBER 1, 2020

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)'s credit card business, according to a report from The Wall Street Journal (WSJ). billion, and it furthers Goldman Sachs' push into Main Street lending. Goldman has now won two victories in the credit card sphere with its Apple Card launching last year.

Credit Cards 105

Credit Cards Push-to-Card Visa Accounts 105

Fintech Finance

AUGUST 22, 2024

The service is available for the holders of NBK Debit Cards (Only on international spends), NBK Foreign Currency Prepaid Card, and NBK Multi-Currency Prepaid Card. The service is available for the holders of NBK Debit Cards (Only on international spends), NBK Foreign Currency Prepaid Card, and NBK Multi-Currency Prepaid Card.

Mobile Banking 79

Mobile Banking Verification Online and Mobile Banking Push-to-Card 79

Payments Source

MAY 5, 2021

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Push-to-Card 144

Push-to-Card Credit Cards Debit Card Consumer 144

PYMNTS

OCTOBER 7, 2020

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. Revolving debt — mainly credit card debt — as reported by the central bank declined by $9.4 billion in August compared with July. The figure now stands at its lowest level since 2017.

Credit Cards 71

Credit Cards Federal Reserve Non-Bank Credit Union 71

The Paypers

MAY 22, 2023

The National Payments Corporation of India (NPCI) has looked to push up the usage of RuPay credit cards in the market and leans of bank partnership to do this.

Credit Cards 36

Credit Cards Push-to-Card Payments 36

PYMNTS

JANUARY 20, 2021

While the pecking order of big banks and their competitors is clear enough in PYMNTS latest Provider Ranking of Credit Card Apps , there are subtle changes this time that hint at changes yet to come as banking apps vie for the newly-minted digital-first consumer. 1 is Chase Mobile , followed by Capital One Mobile at No. The Top 10.

Credit Cards 76

Credit Cards Push-to-Card Mobile Banking Consumer 76

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card.

Credit Cards 81

Credit Cards Push-to-Card Visa CHIPS 81

PYMNTS

FEBRUARY 21, 2019

Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business.

Credit Cards 68

Credit Cards Push-to-Card End User Visa 68

Stax

DECEMBER 6, 2023

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 52

Payments Source

JULY 7, 2016

HSBC Holdings Plc is aiming to roll out its own credit cards in China by the end of the year, as the U.K.-based based lender tries to tap into rising online and mobile spending in the world’s second-largest economy.

Credit Cards 63

Credit Cards Push-to-Card Economy 63

Payments Source

MARCH 13, 2018

Amazon.com is planning to offer a credit card to U.S. small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter.

Credit Cards 67

Credit Cards Push-to-Card Small Business 67

Payments Source

MAY 10, 2018

s new co-brand credit card, according to a person familiar with the matter, as the investment bank deepens its push into consumer finance. Goldman Sachs Group Inc. will issue Apple Inc.’s

Credit Cards 64

Credit Cards Push-to-Card Finance Consumer 64

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

Credit Cards 65

Credit Cards Push-to-Card Visa CHIPS 65

PYMNTS

OCTOBER 10, 2019

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. The Upgrade Card is tied to a line of credit that can be used everywhere that Visa cards are accepted. Interest rates on the Upgrade Card range from 6.49

Credit Cards 61

Credit Cards Product Push-to-Card Consumer 61

PYMNTS

SEPTEMBER 6, 2019

Even as the economy in the United States softens, Citigroup has been making a push for credit cards. Moody’s Analyst Warren Kornfeld said, according to the report, “Just recognizing where we are in the credit cycle, it’s interesting to see Citigroup doubling down and pushing forward.”.

Credit Cards 50

Credit Cards Push-to-Card Underwriting Economy 50

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

PYMNTS

JANUARY 23, 2020

Chase and United Airlines are teaming up to launch a new United Business Card, offering 100,000 bonus miles for first-time users, the companies announced Thursday (Jan. The card is intended to assist business travelers in building their miles.

Credit Cards 52

Credit Cards Push-to-Card Small Business Product 52

PYMNTS

OCTOBER 8, 2020

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. The country’s four largest tech firms wasted no time pushing back on the antitrust report from the House Judiciary subcommittee on antitrust, claiming that they all compete fairly.

Credit Cards 52

Credit Cards Push-to-Card Federal Reserve Bitcoin 52

PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. for General Motor's Credit Card Business. for General Motor's Credit Card Business. Goldman Sachs will buy General Motors’ credit card business for approximately $2.5

Use Case 77

Use Case Credit Cards Central Bank Push-to-Card 77

Fintech Finance

AUGUST 28, 2024

To enhance its conventional and Islamic banking applications with digital payment capabilities, BankDhofar has implemented the Entrust Digital Card Solution for Tap to Pay services and tokenization enablement – making BankDhofar one of the first banks in Oman to enable Tap to Pay services to its customers.

Push-to-Card 70

Push-to-Card Payments Debit Card Contactless Payments 70

Payments Dive

APRIL 18, 2022

Four members of Congress are suddenly pushing Visa and Mastercard to cancel the credit card "swipe" fee increases they planned to impose this month. The lawmakers cited inflation and a lack of competition in the card industry.

Push-to-Card 89

Push-to-Card Credit Cards Visa 89

PYMNTS

MARCH 5, 2018

Smaller banks have spent years competing with their larger fellows in signing up credit card customers. Now they are facing the ugly flipside of highly active credit underwriting — increasing defaults and charge-offs. The push led to cash rewards and points offers proliferating. percent on average during Q4 — up from 4.5

Credit Cards 43

Credit Cards Push-to-Card Federal Reserve Underwriting 43

Finextra

JULY 4, 2024

A2A payments are currently fragmented due to the user experience at point of sale not being as efficient as more popular payment methods such as credit cards or digital wallets and customers also do not have the knowledge of or trust in A2A payments.

Overlay Service 59

Overlay Service Instant Payments Push-to-Card Database 59

Payments Source

JUNE 2, 2019

While major card issuers such as Chase and Wells Fargo roll out NFC-enabled credit and debit cards incrementally, Bank of America is taking much more aggressive approach.

Push-to-Card 132

Push-to-Card Debit Card Card Issuer Issuers 132

Fintech News

SEPTEMBER 9, 2024

His background includes time at Credit Suisse, where he helped facilitate major transactions for companies such as Lyft, Meta Platforms, and GoDaddy. His background includes time at Credit Suisse, where he helped facilitate major transactions for companies such as Lyft, Meta Platforms, and GoDaddy.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Push-to-Card Real Time Payments 84

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

PYMNTS

JULY 12, 2018

Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments offering. Co-brand and private label credit cards are a good business for banks. The Walmart-branded credit card program is the biggest in the U.S.,

Credit Cards 40

Credit Cards Push-to-Card Mobile Payments Participant 40

Fi911

SEPTEMBER 12, 2024

An issuer decline code is provided by an issuing bank to a merchant, indicating the rejection of a credit card transaction. Decline codes are valuable for understanding credit card processing. This means that the issuer has halted or blocked the transaction. There are many reasons for an issuer to decline a transaction.

Issuers 52

Issuers Push-to-Card Addressing Authorization 52

Payments Source

MARCH 22, 2021

Banks, credit card companies and digital payments processors are nervously watching the push to create an electronic alternative to the paper bills Americans carry in their wallets, or what some call a digital dollar and others call a Fedcoin. ]].

Federal Reserve 99

Federal Reserve Push-to-Card Processors Credit Cards 99

PYMNTS

MAY 23, 2016

Either way, credit card companies are seeing sales on credit cards surge, and revolving debt growing — which has also been attributed to banks and issuers pushing cards more and more. PYMNTS 5-in-1 Daily Data Dive shows just how mounting that credit card debt has become.

Credit Cards 40

Credit Cards Push-to-Card Issuers Consumer 40

PYMNTS

MAY 11, 2018

Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. Could that warm feeling could come courtesy of the new plastic card? Plastic cards are ubiquitous and the default payment method at checkout. percent at launch, to 2.6 percent in March 2015, to 3.0

Credit Cards 50

Credit Cards Push-to-Card Ubiquitous Product 50

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Amidst this intricate dance of forces, competition reigns supreme, driving innovation and pushing the boundaries of convenience and accessibility.

BNPL 104

BNPL Payments ISOs Payment Gateways 104

PYMNTS

FEBRUARY 4, 2019

Consumers, the survey revealed, were feeling more confident in their financial stability because they were using credit cards to pay their bills. The usage of credit cards to pay off debt shot up from 44.6 The usage of credit cards to pay off debt shot up from 44.6 percent in Q2 2018 to as much as 41.2

Credit Cards 51

Credit Cards Push-to-Card Finance Consumer 51

Fintech Finance

APRIL 3, 2024

Amid growing scrutiny over the practices of credit providers and increasing credit card debt in the US, Klarna steps forward to challenge the status quo by revealing comprehensive data on its services, including repayment rates, late fee rates, and consumer age demographics, highlighting its commitment to fair and sustainable credit solutions.

Credit Cards 40

Credit Cards Push-to-Card Federal Reserve Consumer 40

Payments Source

MARCH 16, 2021

merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic. Visa and Mastercard are postponing plans to boost the fees U.S.

Visa 76

Visa Push-to-Card Credit Cards Consumer 76