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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.
132 
Payments Source
JANUARY 24, 2021
banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.
185 
PYMNTS
APRIL 2, 2019
Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.
83 
PYMNTS
OCTOBER 28, 2020
Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. The good news is that the new Coinbase Card handles all the conversions itself, exchanging whatever cryptocurrency that users have in their accounts to U.S. The pending arrival of the Coinbase Card in the U.S.
77 
Payments Source
MAY 5, 2021
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144 PYMNTS
APRIL 2, 2019
To that end, Visa announced Tuesday (April 2) that it has introduced Card Payouts, an app designed help mid- to large-sized businesses manage cash flow — and speed payments to gig economy workers, to boot. The app is built to support card capture, tokenization and card-on-file transactions, Visa said on Tuesday.
80 
PYMNTS
SEPTEMBER 23, 2020
In today’s top payments news around the world, PayPal and Mastercard are adding more European Union (EU) countries to a debit card offering, while European Central Bank (ECB) President Christine Lagarde has called for a digital euro. PayPal, Mastercard Add 5 EU Countries To Debit Card Offering.
85 
CB Insights
AUGUST 2, 2018
One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.
71 
Fintech News
JUNE 16, 2024
This collaboration allows Nubank to utilise Wise ’s infrastructure to offer multi-currency accounts and debit cards through its app, enabling customers to manage and spend money internationally with ease. They can also hold funds in USD and EUR, using an international debit card in over 200 countries and territories.
Stax
DECEMBER 2, 2024
In recent years, market adoption of credit card surcharging—a practice by which merchants pass on the transaction fee for accepting a credit card to the cardholder—has increased dramatically. In 2024 alone, more than a dozen state legislatures introduced bills related to surcharging and consumer fees generally.
68 
Fintech Finance
APRIL 8, 2024
Today, Wise Platform , Wise’s infrastructure offering for banks, financial institutions, and enterprises around the world, announced its partnership with Nubank , one of Brazil’s largest financial institutions, to power their global account and international debit card.
103 
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.
98 
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. To avail it, customers need to enable NBK Push Notifications.
109 
PYMNTS
DECEMBER 2, 2020
Consumers are increasingly concerned about protecting their payment details from fraud when shopping online,” according to PYMNTS’ November 2020 Next-Gen Debit Tracker ® done in collaboration with PULSE , a Discover company. Virtual cards are expected to facilitate $1.6 Merchants Align Behind V-Cards.
60 
Payments Dive
FEBRUARY 16, 2023
Bank card issuers say there isn’t enough network competition to meet the July debit card routing rule deadline, adopting regulators’ argument to push back.
88 
PYMNTS
NOVEMBER 12, 2020
Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Wells Fargo also reported heightened debit card usage.
114 
PYMNTS
MARCH 14, 2018
Amazon, the leading eCommerce player, has made a push into the financial market in Mexico, rolling out a debit card this week for the first time ever. According to a report in Reuters, the debit card — called Amazon Rechargeable — is aimed at providing a new way to shop over the Internet.
51 
Payments Dive
OCTOBER 1, 2022
The buy now-pay later provider’s chief financial officer said this week its Debit+ card is a key part of Affirm’s strategy to push further into brick-and-mortar sales.
88 
PYMNTS
SEPTEMBER 18, 2020
With a focus on optimizing cash flow for merchant customers, EVO Payments has announced a new feature that enables businesses to access funds from card transactions in real time. The company is using Visa 's Visa Direct solution, which wields Visa's card rails to push funds to debit cards.
116 
PYMNTS
SEPTEMBER 23, 2020
He pointed to one Zoop client, Brazilian food delivery startup iFood , which recently used Zoop technology to introduce its own debit card product for restaurants on its marketplace. "No In the journey to improve the payments experience, sometimes the best user experience (UX) is an unnoticeable one. A Better Payments Experience.
PYMNTS
JUNE 26, 2019
In the United States, money transfer firm TransferWise has launched a Mastercard debit card along with an accompanying TransferWise Borderless multicurrency account. The 40-currency debit card completes the package, so we’re excited to be releasing the card in the U.S.”.
43 
PYMNTS
FEBRUARY 3, 2020
Every Remitly Passbook customer gets a Visa debit card. In March, Visa announced that it would power real-time P2P for Remitly via its Visa Direct instant push payments platform. Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb.
58 
Fintech Finance
AUGUST 15, 2024
The continued push for a Cashless India presents an opportunity for businesses to offer new customer journeys in the fastest growing e-commerce market in the world,” said Ingo Uytdehaage, Co-CEO, Adyen. “We We are committed to our merchants’ long-term growth as we steadily scale our presence in India.”
111 
PYMNTS
NOVEMBER 16, 2020
For instance, if you go to a restaurant and you have a credit card, probably you will use it because it is more convenient than picking up your phone, starting a transaction or things like that,” Kavakama said. “We Real-time payments continue to gain traction around the world. Case in point: Brazil. PIX has advantages over SITRAF.
PYMNTS
OCTOBER 24, 2016
21) the addition of Visa Direct , a real-time push-to-card payment solution, to Hyperwallet’s existing payout methods. payees to transfer their earnings onto an existing Visa debit card. Visa can also transfer funds to non-Visa branded debit cards. Visa Direct will allow U.S. in Q1 2017. in Q1 2017.
70 
PYMNTS
OCTOBER 21, 2016
Ingo Money exists to make digital push payments just as ubiquitous and a whole lot less friction-filled for consumers and businesses. But as of today, with the announcement of the expansion of their partnership with Visa and the roll-out of Ingo Instant Payments, the scope of their push payments remit has expanded. Fixing An Asymmetry.
79 
PYMNTS
MARCH 28, 2019
Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. Today Visa , with Visa Direct , has added another use case for push payments — this time on a global scale. Visa Direct is the card network’s instant push payments platform.
87 
PYMNTS
OCTOBER 20, 2020
Many CUs, he said, have seen that members’ spending activity had, until recently, trended toward using debit cards, as the pandemic has heightened fears of financial uncertainty. He noted that credit card payment volume growth rates have remained positive through the last several weeks, at mid-single-digit levels of growth.
107 
PYMNTS
NOVEMBER 12, 2020
Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.
120 
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.
97 
PYMNTS
DECEMBER 11, 2020
Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option.
116 Payments Source
SEPTEMBER 17, 2019
Today: Facebook pushes back against Libra critics; HTC adds Bitcoin Cash to blockchain phone; Big banks invest in youth debit card; Ecuador suffers a huge breach. The information you need to start your day, from PaymentsSource and around the Web.
70 
PYMNTS
NOVEMBER 2, 2020
And they don't have ATMs, don’t issue debit cards and offer very limited services beyond being places for consumers to interact with a cashier to deposit or withdraw funds at a counter. So, then I asked: ‘Why don't you issue a debit card?’ But everywhere I went, there were banks all over. or ‘Why don't you put in an ATM?’
84 
PYMNTS
JULY 2, 2019
Uber is teaming up with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico, according to a report by Reuters. . There will be no commissions for using the card, said Carlos Lopez-Moctezuma, head of open banking at BBVA. The company wants to promote banking in what is mostly a cash country.
43 
PYMNTS
MARCH 26, 2020
million recipients faster through Direct Express, where Comerica Bank acts as the Treasury Department’s financial agent for prepaid debit cards. million recipients faster through Direct Express, where Comerica Bank acts as the Treasury Department’s financial agent for prepaid debit cards. Growth in Prepaid.
100 PYMNTS
FEBRUARY 19, 2019
billion people across the globe who do not transact using traditional conduits of credit or debit cards. To streamline FinTech, and to help consumers and businesses transact in the ways they desire, firms must move beyond the silo approach. Total funding raised for Rapyd now stands at about $60 million, according to reports.
77 
Fintech News
MARCH 6, 2024
Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.
PYMNTS
JANUARY 22, 2021
Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”.
107 
Payments Source
MAY 19, 2017
Nigeria-based United Bank for Africa (UBA) has introduced a Mastercard debit card available via instant-issue at its branches in Cameroon in a new phase of its push to expand debit usage throughout Africa.
60 
PYMNTS
SEPTEMBER 17, 2020
has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic area, according to a Thursday (Sept. To help merchants receive faster access to funds, EVO Payments Inc.
83 
Fintech News
OCTOBER 10, 2024
Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. This dynamic ecosystem is supported by regulatory advancements and collaborative partnerships, which are expected to continue fostering innovation and growth in the sector.
Payments Source
NOVEMBER 30, 2018
Today: Paytm offers enticements to merchants in India; Mastercard pushes development in Poland; Revolut gets regualtory support in Asia; Sinemia adds debit card to movie ticketing. The information you need to start your day, from PaymentsSource and around the Web.
63 
PYMNTS
OCTOBER 18, 2016
Ingo Money, a player in real-time push payments technology, and MoneyGram, a global provider of money transfer and payment services, announced Monday (Oct. “Our alliance with Ingo Money will enable us to deliver a whole new level of convenience, speed and choice for paying credit card bills.” retail locations. ” .
71 
PYMNTS
OCTOBER 10, 2019
That includes the discussion of push payments (in which the account holder sends the money) and pull payments (in which the recipient is authorized to take money from the account). With push payments, the consumer is always in control of a transaction,” LaFleche said. That’s a huge benefit.”. Pull Payment Trends.
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