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Square Launches Free Business Debit Card

PYMNTS

17) the Square Card, a business debit Mastercard aimed at helping businesses manage cash flow. In a press release , the payments company said Square Card users get a 2.75 Square Card addresses these pain points, and further extends Square’s ecosystem of products and services for small businesses.”.

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daVinci Payments Launches CNY Funded Prepaid Cards

PYMNTS

Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. The launch makes daVinci, formerly Swift Prepaid, the first North American program manager with this offering.

Cards 147
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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Personal loan and credit card provider Avant secured funding from Ares Management Corporation.

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Signature Bank Taps Tech For Simplified AP

PYMNTS

Payments are facilitated using virtual Visa commercial cards, ACH and checks. “Visa is proud to be the virtual card partner for Finrails AP by Signature Bank,” said Kevin Phalen, global head of Visa Business Solutions. Signature Bank is a relationship-based commercial bank headquartered in Rosemont, Illinois.

Illinois 167
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New Apple OS Reportedly Has Payment Security Issues

PYMNTS

Today I decided to change my iTunes credit card. It read my card well, but then when I saved the card, someone else’s credit card was saved! A woman’s from Illinois. I have her full name, billing address and last 4 digits of her credit card! The issue, createdbyeric said, was escalated to higher management.

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Why Senior Debt Has Spent Two Decades Spiking

PYMNTS

credit card debt hit an all-time high of $930 billion, higher than the previous peak hit just ahead of the financial crisis of 2008. Much of the attention out of that report went toward the uptick in delinquencies that has followed up with the increase in card debt. About two weeks ago, U.S.

New York 130
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

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