PYMNTS

JANUARY 9, 2019

In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. New York has banned the ban. What’s in a name, then?

New York 200

New York Cards Florida Texas 200

PYMNTS

MARCH 3, 2020

Brazilian banking startup Nubank is going to launch its Nu credit card in Mexico in an attempt to capture a piece of the country’s population of 36 million unbanked, according to a report by TechCrunch. The card is available to all eligible Mexicans over the age of 18, and it has a waiting list 30,000 people strong. .

Cards 130

Cards America Lending Digital Banking 130

Payments Source

DECEMBER 5, 2019

American shoppers were quick off their marks early in the holiday-shopping season as retailers rang up the best sales increase since 2013, led by online purchases, according to a BofA Merrill Lynch Global Research report.

Retail 85

Retail Online Report America 85

PYMNTS

NOVEMBER 4, 2019

Goldman Sachs is the lead investor in a $50 million funding round for credit card startup Deserve, CNBC reported on Monday (Nov. Deserve offers credit cards to nontraditional consumers and sells its cloud-based platform to companies wanting to launch their own branded cards. Bloom said in a press release at the time.

Cards 101

Cards New Jersey Branding Apple 101

PYMNTS

JUNE 14, 2018

N26 , the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch , the card was first announced at TechCrunch Disrupt Berlin in December of 2017 and was available for early access by N26 Black customers.

Cards 109

Cards Fintech United States Report 109

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

PYMNTS

JUNE 20, 2017

Fuel card company FLEETCOR has a new leadership position, and the news was announced Monday (June 19) that the company appointed Steve Greene to the role. In 2014 Greene was then named managing director for Epyx, a service and repair company acquired by FLEETCOR in 2013.

Leadership 115

Leadership Cards Regional Innovation 115

PYMNTS

OCTOBER 25, 2016

Credit card companies have not been shy when it comes to lending to subprime customers , but according to new data from TransUnion, that strategy is starting to backfire for the credit card issuers. percent for credit cards issued in 2014 and 1.5 percent for credit cards issued in 2013.

Cards 100

Cards Company Wyoming Oklahoma 100

PYMNTS

MARCH 17, 2016

The scope of the December 2013 breach remains undisclosed at this time. According to a Finextra release issued today (March 17) on the matter, compromised information may include account numbers, names and card expiration dates. ” The third-party provider remains unnamed at this time.

Data 50

Data California System Security 50

PYMNTS

DECEMBER 10, 2019

N26 was founded in 2013 by Valentin Stalf and Maximilian Tayenthal. N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. Cash withdrawals are free at more than 55,000 Allpoint designated ATMs and customers also get two free out-of-network withdrawals per month. N26 started rolling out in the U.S.

Digital Banking 131

Digital Banking Cards US FDIC 131

PYMNTS

DECEMBER 7, 2018

The BBC reports that beloved JK Rowling – she of “Harry Potter” fame and fortune – has been at the center of a credit card scam.

Cards 170

Cards Fraud Dallas Examples 170

PYMNTS

AUGUST 8, 2017

7) that it charged twelve people with money laundering millions of dollars in credit card charges via fraudulent merchant accounts. According a FTC press release, the defendants set up an operation known as Money Now Funding (MNF) to get and maintain merchant accounts that let it process credit card charges close to $6 million.

Cards 112

Cards Fraud America Lending 112

PYMNTS

APRIL 14, 2016

The company said that it discontinued sales of credit card add-on products four years ago and also sold its card and its retail services business in 2012, while the HSBC Bank Nevada unit was shuttered in 2013. (which is paying most of the aforementioned fine).

Nevada 100

Nevada Cards Retail Company 100

PYMNTS

APRIL 27, 2017

consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios during the first quarter of 2017. According to American Banker , the results suggest that the post-crisis era of exceptionally low losses in the credit card industry has ended.

Cards 117

Cards Conference Capital America 117

PYMNTS

MAY 23, 2018

The severe delinquency rate on private label retail credit cards jumped 57 basis points from March of last year and stands at 4.65 percent from the same period last year, with delinquencies rising steadily on a seasonal basis since 2013. Equifax found that all credit cards account for 21.4 billion are up 0.8 billion are up 0.8

Retail 101

Retail Cards Trends Report 101

PYMNTS

NOVEMBER 14, 2016

We’re talking here about making the minimum payments on credit cards. As the New York Times reported this past weekend, even though consumers can actually afford to pay more than the minimum payment on their credit cards, they simply don’t and choose instead to pay the lowest amount allowed. The reason?

Cards 100

Cards Pennsylvania New York National 100

PYMNTS

JANUARY 26, 2017

The IRS has been using a John Doe summons to get access to taxpayers’ bitcoin information and is now using the same tactic to get debit card information. that received a Sovereign Gold Card debit card from 2005 to 2016. The IRS alleges the cards can be used to get access to the offshore funds and avoid paying taxes in the U.S.

Montana 100

Montana Cards Bitcoin Taxes 100

CFPB Monitor

FEBRUARY 1, 2019

The CFPB published a request for information in yesterday’s Federal Register seeking information to inform its next review of the credit card market. The CARD Act requires the Bureau to conduct such a review every two years. The Bureau’s first three reviews were published in October 2013 , December 2015 , and December 2017.

Cards 60

Cards Innovation Marketing 60

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. Kobe Bryant’s VC Firm Holds More Than $2B in Assets .

Cards 131

Cards Technology social media Meeting 131

PYMNTS

AUGUST 23, 2016

Credit card issuers will be encouraged by the latest data from The New York Fed. Credit card use, after many years of slowdown after the financial crisis of 2008, is now exploding. Among the Millennial generation, the level of credit card debt is at its lowest level since 1989, when data collection began.

Millennials 100

Millennials Cards Data New York 100

PYMNTS

JUNE 16, 2016

Atlanta-based Home Depot says new payment cards with “chip” technology remain less secure in the U.S. than cards used in Europe and elsewhere in the world. cards still rely on customers’ handwritten signatures for verification, rather than more secure Personal Identification Numbers, or PINs, Home Depot maintains.

Security 100

Security Cards Atlanta Fraud 100

PYMNTS

DECEMBER 28, 2020

CEO since 2013, Siegel will continue to lead the company following the acquisition. Morgan Chase’s Sapphire Reserve , for example, delaying an increase to annual membership fees in the hopes of avoiding card cancellations. The pandemic has taken a toll on travel, and with it, the need for travel-related rewards and loyalty programs.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

PYMNTS

JULY 12, 2016

American Airlines said Tuesday (July 12) that it is retooling and expanding its existing relationships with partners in the AAdvantage credit card program, centered on offering air miles and also other rewards. The airline said that it has fashioned new agreements with both Citi and Barclay Card US.

Cards 100

Cards US Branding Groups 100

PYMNTS

SEPTEMBER 26, 2016

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 There were 7.5

California 100

California Cards Sacramento Texas 100

PYMNTS

NOVEMBER 14, 2019

In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debit card programs. The company, which was founded in 2013, has so far been unprofitable, but it has a valuation of $12.6 FTC Probing Visa, Mastercard About Debit Card Practices. Three billion credit and debit cards.

Cards 101

Cards Data Payments Meeting 101

PYMNTS

FEBRUARY 1, 2017

Coin, which was founded as a mobile payment company initially in late 2013, has seen its fair share of ups and downs over the years. From seeking to take the place of all credit cards , to securing a large round of funding and introducing innovative reward programs , Coin followed the routine path of most startups.

Cards 100

Cards Operations Mobile Security 100

PYMNTS

SEPTEMBER 18, 2020

Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. Chime primarily makes money as clients use their cards in comparison to typical financial institutions that make money on fines and debt.

Mobile 264

Mobile Comparison ATM Cards 264

PYMNTS

SEPTEMBER 8, 2016

New data suggests that they are buying more gift cards than ever before but then turning around and spending those cards on themselves. adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers. Mercator Advisory Group surveyed 3,009 U.S.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

SEPTEMBER 9, 2020

The investigation stems from Visa’s introduction of fees for staged digital wallets implemented three years ago following Mastercard’s move to add the charges in 2013. Visa’s SEC filing also reported that since the summer of 2013 more than 500 merchants have filed suit against its subsidiaries in the United Kingdom (U.K.),

Google 223

Google Survey Report Retail 223

Jeff For Banks

JANUARY 18, 2014

But in nine short months of 2013, you and the Fed stumbled with mixed signals and miscommunication and the markets pushed the 10 year Treasury yield up by 130 basis points to 3.00%, removing all of the good attained by QE over the years. in 2014, yet growth is not even returning to the normal post-recession pace of 4.6%.

Philadelphia 83

Philadelphia Policies US Marketing 83

PYMNTS

OCTOBER 13, 2016

Shoppers in those regions often put less trust in online merchants and credit card companies and feel unsure about giving out their personal payment information. An alternative to advanced credit card payments. In countries like Egypt, many people do not have bank accounts or cards,” Shawky said.

Cards 100

Cards Regional San Francisco Online 100

Jeff For Banks

DECEMBER 22, 2013

According to its third quarter investor presentation, the bank''s greatest revenue comes from pre-paid cards (35% of revenue), followed by revenues from a traditional community bank (22% of revenues) that manages $1.4 billion of the $4 billion asset balance sheet.

Community Bank 86

Community Bank Atlanta Community Strategy 86

CFPB Monitor

SEPTEMBER 9, 2019

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews. Physical point-of-sale. Risk management.

Cards 60

Cards Report Marketing Leadership 60

Bank Innovation

JULY 12, 2016

But a new report from the Wall Street Journal indicates that chargeoff rates at Lending Club are up 38% since 2013. This is troubling because credit card default rates decreased over the Read More. Scandals aside, Lending Club has been doing well in the area that mattered — borrowers were paying back their loans.

Lending 150

Lending Cards Report Online 150

American Banker

DECEMBER 22, 2020

The application rate for new cards has fallen 10 points to just under 16%, the lowest level since 2013; small businesses that got loans last time would be eligible for a second helping, with limits.

Cards 35

Cards 35

CFPB Monitor

MARCH 19, 2015

The CFPB has issued another request for information about the credit card market. The request is intended to inform the CFPB’s biennial review of the credit card market mandated by the CARD Act. In October 2013, the CFPB issued its first report to Congress on the results of its first review. Fee Harvester Cards.

Cards 60

Cards Marketing Report Innovation 60

Bank Innovation

JANUARY 31, 2018

Moven burst onto the fintech scene in 2012 — it was founded in 2011 and launched an alpha product in 2013 — as Brett King’s bank, or bank account. Neobank Moven has secured an undisclosed amount from SoftBank and is looking to acquire a bank with the funding, according to an American Banker report. Originally […].

Fintech 261

Fintech Security Report Cards 261