Fintech News

SEPTEMBER 4, 2024

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

FinTech Cross-Border Payment APIs and Integration Credit Cards 113

PayHawk

APRIL 18, 2023

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

Process Card Issuer Online and Mobile Banking Issuers 52

PYMNTS

NOVEMBER 20, 2018

Matt Komos, vice president of financial services at TransUnion , said this indicates a growing risk tolerance among lenders across underwriting categories. “In The pendulum is starting to swing back, as we see lenders once again extend credit to sub-prime consumers.”. Sub-prime issuing also ticked up 3.6

Underwriting 75

Underwriting Origination Credit Cards Credit Limit 75

PYMNTS

JULY 25, 2017

The individual cards may be serviced by the local card issuer in that country or region, but we’re managing the overall program, doing a single contract throughout the world, underwriting the process, setting the credit limit and negotiating the pricing terms,” Rankin said. Bank issued the corporate card.

Commercial Card 40

Commercial Card Credit Limit Card Issuer Correspondent 40

FICO

JUNE 22, 2016

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.

Card Issuer 67

Card Issuer Credit Cards Issuers Debit Card 67

PYMNTS

OCTOBER 21, 2019

Codat’s joining of the Open Banking Maketplace is targeting a new use-case, enabling banks to connect into accounting data to more quickly and accurately underwrite SMB loans. According to Cordona, accounting data is in a unique position to ease some of the largest challenges of SMB lending. feel like a second job.”.

Small Business 40

Small Business Payment APIs and Integration Underwriting Value Added Service 40

PYMNTS

NOVEMBER 5, 2018

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. Capital One and Discover Tap the Underwriting Brakes.

Credit Cards 46

Credit Cards Credit Limit Underwriting On-Demand 46