Payments Dive

OCTOBER 3, 2024

The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.

Office of the Comptroller of the Currency 159

Office of the Comptroller of the Currency Laws OCC Debit Card 159

Electronic Payments Coalition

OCTOBER 22, 2024

The Office of the Comptroller of Currency (OCC) filed a scathing amicus brief highlighting the glaring flaws in a new credit and debit card law set to take effect on July 1, 2025. The OCC called the law “bad policy and an unlawful interference with federally granted powers.” “The

Laws 52

Laws OCC Regulations Debit Card 52

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.

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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

PYMNTS

AUGUST 12, 2019

Over the last several years, an army of innovators with billions in venture funding have built instant pay products on top of card network debit rails. Insurance companies are early adopters of using technology to push claims payments to debit cards for real-time use, as well as digital wallets like PayPal.

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Real Time Payments FedNow TCH Fed 78

PYMNTS

AUGUST 7, 2018

Customers have been taking advantage of instant funding options that come through debit card networks, Breslow noted during remarks to analysts. He said, too, that volume in international markets gained 60 percent year on year. OnDeck remains “on track” for its second service as a bank product.

Origination 40

Origination RFP OCC Small Business 40

Evolve Payment

MARCH 21, 2024

Everything from dual pricing programs to Quickbooks integrations counts as a merchant service, not to mention credit card processing, loyalty programs, and gift cards. Merchant processing is how your business handles card transactions. What is merchant processing?

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