Remove Cards Remove Customer Experience Remove Innovation Remove Innovation Strategies
article thumbnail

Splitit partners with Visa for installment payments    

Bank Innovation

Splitit, a payments company that divides purchases into installments on customers’ existing cards, announced a partnership with Visa last week.

Payments 243
article thumbnail

Brex to launch treasury, insurance and loan products

Bank Innovation

Brex, a corporate card and financial product startup aimed at businesses, plans to broaden its product ecosystem beyond bank accounts and cards.

Lending 273
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

With $200m debt capital raise, Brex seeks to grow e-commerce client base

Bank Innovation

On the heels of a $200 million debt capital raise confirmed this week, corporate card and financial product startup Brex plans to ramp up its product offerings for e-commerce entrepreneurs. The company currently offers credit cards for e-commerce companies, a product that was first launched in February.

Capital 221
article thumbnail

Looking to beat Apple to the punch, digital competitors roll out cashback cards

Bank Innovation

While the jury is still out whether the Apple Card will be the disruptive force that Apple has claimed it will be, fintech firms and banks alike appear eager to beat the tech giant to the punch. Tuesday’s launch of Zerocard, a “debit-style” credit card from fintech firm Zero, in partnership with WebBank, Evolve Bank […].

Apple 170
article thumbnail

Open Banking and Ecosystems

Cisco

Venmo solved a problem of an individual wanting to pay another individual (or even small business) without having to use cash, check or even debit/credit card. It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. Open banking made this possible. In the U.S.

article thumbnail

AmEx: No debit card plans despite Venmo integration

BankInovation

Don’t expect American Express to launch a debit card anytime in the immediate future. During the card company’s second-quarter earnings call, Stephen Squeri, chief executive at AmEx, said that while debit cards are “something that we constantly look at,” AmEx won’t be issuing debit cards “at this particular point in time.”

Cards 90
article thumbnail

NEW REPORT: New Regs Open New Markets For Credit Unions

PYMNTS

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. That’s why one credit union is working to overhaul its customer experience.

Hawaii 100