PYMNTS

FEBRUARY 3, 2020

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

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Push-to-Card Payer Credit Cards Visa 56

Electronic Payments Coalition

APRIL 9, 2024

Now, corporate mega-stores and their lobbyists are trying to blame credit card companies for these higher prices as an excuse to push new mandates on American’s credit cards.

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FTC Federal Trade Commission Push-to-Card Credit Cards 105

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.

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Credit Cards Push-to-Card Visa Accounts 105

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.

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Credit Cards Push-to-Card Card Issuer Cybersecurity 40

The Fintech Times

MARCH 30, 2024

Earlier this week, payment giants Visa and Mastercard agreed to lower fees charged to merchants for credit card transactions in the US, following a lawsuit spanning almost two decades. “Merchants will now be more able to add surcharges to purchases made with credit cards that come with higher swipe fees.

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Settlement Credit Cards Visa Consumer 58

Fintech Finance

SEPTEMBER 4, 2024

Almost £60 million has been reported stolen through card fraud over the past three years in the UK according to new research from Trustly, the global leader in open banking payments. Credit card fraud is the most costly and common type of card fraud, according to Trustly’s research.

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Debit Card Credit Cards Push-to-Card Research 98

Payments Source

MAY 5, 2021

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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.

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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.

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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.

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Credit Cards Push-to-Card Mobile Banking Consumer 76

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.

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Mobile Banking Verification Online and Mobile Banking Push-to-Card 108

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.

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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.

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Credit Cards Push-to-Card End User Visa 68

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.

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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.

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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.

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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

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Credit Cards Push-to-Card Finance Consumer 64

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.

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Consumer Credit Cards Alternative Payment Methods Debit Card 88

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.

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Credit Cards Push-to-Card Visa CHIPS 65

Stax

NOVEMBER 13, 2024

ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. ACH credit payments are best for sending one-time payments whereas ACH debit payments are more suited for making regular payments, such as for monthly utility bills. Learn More What are ACH Credit Payments?

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ACH ACH Network Payer Payee 88

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

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Credit Cards Product Push-to-Card Consumer 61

Stax

SEPTEMBER 24, 2024

In addition, contactless and digital payment options, such as debit and credit cards, only increase the financial burden for businesses like yours. In 2023, card brands in the U.S. While electronic payments have been rising in popularity, you still can’t ignore cash. earned approximately $135.75

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Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

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.”.

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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.

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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.

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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.

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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

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

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.

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Push-to-Card Credit Cards Visa 88

The Payments Association

NOVEMBER 19, 2024

In today’s competitive landscape, implementing a card product can be a powerful addition for businesses looking to enhance customer loyalty, streamline expenses, or broaden their financial offerings. Designing and launching a debit or credit card product requires navigating a complex web of stakeholders and intricate processes.

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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

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Credit Cards Push-to-Card Federal Reserve Underwriting 43

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.

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Push-to-Card Debit Card Card Issuer Issuers 132

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.

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Push-to-Card Payments Debit Card Contactless Payments 97

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

Stax

APRIL 30, 2024

According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business.

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Process Online and Mobile Banking PCI DSS Debit Card 88

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.

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Credit Cards Push-to-Card Processors Transactions 88

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.

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Overlay Service Instant Payments Push-to-Card Database 59

Finovate

SEPTEMBER 20, 2024

Consumers may face challenges like added friction and lost credit card rewards, but early pilot results have exceeded Walmart’s expectations for pay-by-bank adoption. Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. FedNow and RTP, they don’t necessarily talk to one another.

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FedNow Real Time Payments Push-to-Card Credit Cards 52