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New Indonesia Credit Card Designed To Help Unbanked

PYMNTS

Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked. Speaking at a conference in Singapore, Traveloka Group of Operations President Henry Hendrawan said the company is working to solve the “pain points” of Indonesians — most notably that many citizens are unbanked.

Cards 158
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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. As for Klook itself, the company operates with an effort to streamline the process of booking travel activities that can span visits to attractions, hotels and restaurants.

Regional 103
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Goldman Sachs, Backed By Marcus Lending, Books 4 Pct. Revenue Gain For Q3

PYMNTS

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. earnings per share booked for the third quarter of 2018. percent higher than the $5.02

Lending 147
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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

PYMNTS

The publication pointed to commentary from angel investor and entrepreneur Jason Calacanis, who predicted “that 50-80 percent of the venture-backed startups currently operating will shut down or go on life-support.” FInTech that raised $75 million in Series D funding for its small business credit card technology.

Cards 181
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Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters

PYMNTS

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. And, she added, for merchants that already had an online presence, there’s been a marked volume swing.

Cards 260
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How Payments Make Online Travel Sites Worth The Trip

PYMNTS

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112
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How ePayments Can Ease B2B Friction In The Travel Industry

PYMNTS

As he told PYMNTS in an interview done through written exchange, the hospitality industry has long been marked by ever-increasing booking volume; high margins; and relatively high trust between stakeholders. This made the need to optimize operational inefficiencies secondary,” he said.

Industry 237