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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

You're not dealing with two-day settlement,” he stated, adding that interoperability also has the ability to foster sticky relationships between merchants and consumers, especially consumers who want perks and high reward cards or coupons. But a national charter would allow for a uniformity of presence and market scope.

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BankBazaar Turns Profitable With New Co-Brand Strategy

BankBazaar

BankBazaar Turns Profitable With New Co-Brand Strategy; Exits FY22 With Rs.156 National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. Success of Co-brand Model.

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Bump On The Road To National FinTech Charters?

PYMNTS

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

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Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted. The digital card will be linked to Apple Pay. The digital card will be linked to Apple Pay.

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Payroc Expands Processing Capabilities With RewardPay Choice

PYMNTS

Payroc said that RewardPay is a “card brand-compliant” surcharging program that lets merchants have cardholders pay all or a portion of their credit card processing fees. As of its rollout, Payroc said that RewardPay has essentially taken away credit card charges for its merchants for “thousands of dollars in monthly savings.”.

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Mastercard's Virtual Mobile Cards, Ghost Kitchens, Geolocation Data Top This Week's News

PYMNTS

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Top Trackers And Reports.

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Loop Commerce Launches GiftNow Card With Athleta

PYMNTS

Loop Commerce , the operator of GiftNow, is announcing the launch of its GiftNow Card with Athleta , the Gap’s lifestyle apparel brand. GiftNow Cards are designed to allow shoppers in brick-and-mortar locations to make it easier to give the right gift, even if they aren’t sure what the recipient’s size or favored style might be.

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