Card … short for Cardbored

Chris Skinner

I’ve been finding it increasingly frustrating on my travels, thanks to one of my credit card companies. My travelling depends on two credit cards: a bank issued corporate MasterCard and American Express.

Cards 282

The Competitive Advantage Of Commercial Card Acceptance

PYMNTS

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. Yet, the issue of vendor card acceptance remains the often-cited hurdle hampering the commercial card from gaining deeper traction.

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Mastercard Introduces True Name Card

PYMNTS

To address a major pain point for the LGBTQIA+ community, Mastercard is introducing the True Name card. The product will allow for chosen names to appear on the front of the card, according to news from Mastercard.

Cards 280

BofA Debuts Digital Debit Card

PYMNTS

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. This digital debit card has the same protections and benefits of a physical debit card and is immediately available to use in the mobile app.

Cards 226

Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. For the physical card, the cash back rate is 1 percent.

Apple 279

Apple Expands Apple Card Testing

PYMNTS

Apple has expanded the test phase of its credit card with Goldman Sachs to its retail employees, according to a report by Bloomberg. The card can be used directly from the iPhone, though there’s also a physical card available, too.

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Mastercard Launches V-Card Acceptance Tool

PYMNTS

Mastercard is launching a new service designed to make it easier for B2B vendors to accept virtual cards. This offers an alternative to the traditional methods that virtual card payment information is submitted to a vendor, which often occurs via fax or email.

Tools 247

Card Payment Use Rises Globally

PYMNTS

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 RBR, a research and consulting firm for banking and retail, released a forecast of payment card data through 2023, and found that card payment acceptance is growing at a fast rate.

Cards 263

Apple Reinvents (Improves?) the Credit Card

Credit Union Geek

the Credit Card appeared first on Credit Union Geek. Articles "On the other side of the screen it all looks so easy." - Flynn - Tron apple apple card ApplePay challenges credit cards credit union experience data security mobile app mobile wallet privacy

Apple 191

Fleet Cards Caught In Crosshairs Of Corporate Card Fee Debate

PYMNTS

Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. There are also fees linked to paying card bills via wire transfer, and fees if the fleet cards go unused.

Cards 220

Southwest Launches Credit Card For SMBs

PYMNTS

Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. B2B Payments B2B Commercial Card News small business credit card Southwest Airlines What's Hot In B2B

Cards 209

Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. For the physical card, the cash back rate is 1 percent.

Apple 207

Amazon launches secured card for underbanked customers

Bank Innovation

Amazon has added a secured credit card to its suite of financial services offerings today, the latest effort to entice underbanked and low-income customers to shop with the e-tailing giant.

Cards 156

Amazon Launches Card For Prime Users With Bad Credit

PYMNTS

Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. Upon establishing credit, those users can obtain other Amazon cards, which may be unsecured cards.

Cards 266

Tradeshift Enables Employee Virtual Cards On Demand

PYMNTS

is now live with enhanced functionality that expands visibility into employee spend and enables managers to connect their employees with virtual cards on demand. B2B Payments B2B credit cards digital payments employee spending News procurement Tradeshift virtual cards What's Hot In B2B

Cards 194

Coinbase Launches Crypto Debit Card In The UK

PYMNTS

Coinbase , the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., which is a Visa debit card that lets customers in the U.K. Customers are able to use the card in millions of places around the world.

Cards 270

Q1 2019: US credit card issuer snapshot

Accenture

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Stay tuned for next quarter’s report on US consumer credit card trends.

Cards 208

WEX Finalizes Go Fuel Card Takeover

PYMNTS

Commercial card solutions provider WEX has announced the completed takeover of Go Fuel Card, first revealed earlier this year. Go Fuel Card operates its proprietary card network, with cards accepted at several thousand retail locations in the region.

Cards 163

How Card-On-File Is Changing Online Consumer Shopping

PYMNTS

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase.

Online 271

Why Card Replacement Is Every Bank’s ‘Moment Of Truth’

PYMNTS

An issuer suspects a card has been compromised, or a consumer remembers that their debit card is in their jacket pocket only after leaving it at the cleaners. Either way, a card is cancelled and replaced with a new one. In BV’s experience, heavily used cards are replaced 1.7

Cards 244

China UnionPay Launches Debit, Credit Cards In Europe

PYMNTS

China UnionPay , the credit card issuer, is expanding in Europe, rolling out debit and credit cards. The Financial Times , citing China UnionPay, the world’s largest card issuer, reported it inked a partnership with Tribe Payments , a U.K.

Cards 239

Virtual card startup Extend sees $400b hole in commercial market

Bank Innovation

Credit card distribution startup Extend sees a $400 billion market opportunity in eliminating out-of-pocket spending for business expenses through the instant issuance of virtual company credit cards.

Cards 137

Sephora Launches Its First Credit Card

PYMNTS

Sephora, the beauty retailer, announced on Thursday (March 14) the launch of a new credit card program. The credit cards will provide customers with more ways to earn rewards for their purchases, the retailer said in the release.

Cards 254

Chase Card Services President On Why It’s Time For Cards To Tap And Go

PYMNTS

To that end, Chase , the largest card issuer in the U.S., 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. Tapping the plastic card is much more familiar than some other form factors.”. How to speed the checkout process?

Cards 257

Asia Corporates Replacing ACH With Cards, Citi Finds

PYMNTS

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found.

Cards 275

Mastercard Tackles ‘Greening’ Plastic Cards

PYMNTS

To push that goal, Mastercard — in partnership with the world’s three largest card manufacturers, Gemalto , Giesecke & Devrient and IDEMIA — has officially launched the Greener Payments Partnership to establish environmental best practices and reduce first-use PVC plastic in card manufacturing. Going green, historically, in cards has been linked to purchases, If the customer spends X amount in dollars, the card donates a set amount to an environmental cause.

Cards 198

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 Users can also export Square Card transaction data into formats for accounting.

Cards 255

Delivering Card Management To Consumers With MCS

PYMNTS

Consumers might not know about mobile card services (MCS), but they tend to be intrigued when told about the capabilities of these features. percent: Share of potential MCS users who are “very” or “extremely” interested in receiving alerts when children use shared cards.

Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history.

Cards 259

CardFlight Eyes Level 2 Data For Lower Biz Card Fees

PYMNTS

Payment Software-as-a-Service firm CardFlight is introducing Level 2 card processing data into its software SwipeSimple, aimed at lowering transactions fees for B2B vendors.

Cards 170

In 2019, Mobilize The Commercial Card: JPMorgan

PYMNTS

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card.

Cards 283

What 98 Pct Of Consumers Miss About Protecting Their Cards From Fraud

PYMNTS

These mobile controls, however, also offer consumers a powerful tool for dealing with arguably higher stakes: the risk of credit card fraud. As a part of fraud protection efforts, card issuers and financial institutions (FIs) already flag unusual locations for potentially fraudulent payments.

Cards 260

RBI Releases Guidelines For Electronic Card Payments

PYMNTS

The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports. Instead of the card’s details, the token will act as the card at point of sale (POS) terminals and quick response (QR) code payment systems.

Wells Fargo Launches Contactless Credit, Debit Cards

PYMNTS

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments. Customers can still insert or swipe their cards or use their digital wallets for payments. Wells Fargo will add the feature to consumer debit cards in the summer.

Cards 198

Amex Card Delinquency Rate Flat In May

PYMNTS

American Express said its May card delinquency rate was unchanged from April, according to reports. percent, and the small business card delinquency rate went up to 1.3 Small business card net write-offs also increased, from 1.8

Cards 198

TransferWise Rolls Out Multicurrency Debit Card

PYMNTS

In the United States, money transfer firm TransferWise has launched a Mastercard debit card along with an accompanying TransferWise Borderless multicurrency account. The 40-currency debit card completes the package, so we’re excited to be releasing the card in the U.S.”.

Cards 176

FSS New Trends in Prepaid Cards

Mobile Payments Today

Prepaid forex cards are a popular payment instrument among frequent international travelers. Learn how you can differentiate your prepaid forex card programs

Trends 139

Without Apple Card, P2P Credit Card Payments Won’t Be Possible

PYMNTS

Apple is reportedly blocking its person-to-person credit card payment service unless a user gets a new Apple Card. According to a report in Cult of Mac , as of Tuesday (March 25), you can no longer send a payment to another person using your credit card via Apple Pay Cash unless its the company’s credit card. The report noted users are still able to send payments via a debit card or via bank transfer. With it, users can send money to a debit card within minutes.

Apple 206

Kroger Widens Ban On Visa Credit Cards

PYMNTS

Supermarket firm Kroger has expanded its ban on accepting Visa credit cards, stating on Friday (March 1) that its Smith’s Food and Drug unit will stop offering that payment option beginning April 3. Kroger Pay can be linked to any major credit or debit card.

Cards 260

Plastiq Talks Commercial Cards, ePayment Trends

PYMNTS

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market.

Trends 254

Commercial Card Growth Led By V-Cards, Says Accenture

PYMNTS

With commercial cards continuing to press their way into accounts payable, a new report from Accenture suggests it’s the virtual card driving adoption of card-based B2B payments.

Cards 173

Apple Unveils iPhone-paired Apple Card

Bank Innovation

Apple today unveiled its plans to launch a virtual credit card product with Goldman Sachs and Mastercard this summer called Apple Card, which will reside within the Wallet app on Apple devices.

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How Fuel Cards Hold Fleets Back From EV Adoption

PYMNTS

The adoption of fleet cards and electronic payment technologies in the fleet industry supports the sector’s push toward digitization and innovation.

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