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How FIs And FinTechs Are Expanding The Credit Card Paradigm

PYMNTS

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. More than ever, credit cards are becoming the coin of the realm in the global connected economy.

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Today In Digital-First Banking: Ternio’s BlockCard Collaborates With Paxful For Debit Card; Fed Changes Main Street Lending Terms

PYMNTS

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

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PNC Bank Tests CNP Fraud Solution For Commercial Cards

PYMNTS

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. ” PNC Treasury Management added that the solution does not require a change in buyer behavior. .

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Brazil’s Banco Inter Eyes Partnership With Uber For FinServ

PYMNTS

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world.

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First Data Brings UnionPay Cards To The US

PYMNTS

24) they had formed a new partnership to expand the acceptance of the UnionPay card in the U.S. to pay with their UnionPay chip, credit and debit cards at First Data merchant clients. We are extremely proud to work with an innovative partner like UnionPay International to expand their card acceptance throughout the United States.”.

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Commercial Cards, B2B Payments Get A Lift During Earnings Season

PYMNTS

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. In the Mastercard results late last month, management said it had seen growth across credit, debit, prepaid and commercial spending.

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