PYMNTS

JANUARY 13, 2021

Small Business Card Use On The Rise. A new survey from Mercator Advisory Group has revealed that small businesses are increasing their use of credit and debit cards, according to a recent press release. According to the report, SMBs increased their use of debit cards from 34 percent in 2019 to 42 percent in 2020.

Office of the Comptroller of the Currency 66

Office of the Comptroller of the Currency Commercial Card Credit Cards Small Business 66

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. This may give customers access to a debit card for the first time.

Online and Mobile Banking 101

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

Fintech Labs Insights

SEPTEMBER 3, 2020

You’d think that Jiko was looking to leverage FDIC insurance to put its customers at ease. Money deposited into Jiko, which is essentially a brokerage account with a debit card, will go into T-bills. Technically not insured, but if T-bills go down, FDIC insurance will probably be insolvent as well.

FinTech 15

FinTech FDIC OCC PayPal 15