article thumbnail

CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

Cards 125
article thumbnail

On Demand Pay Finds A Home In Financial Services

PYMNTS

It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. Yet, in neighboring Connecticut, the top income tax rate is 7 percent. For many workers, accessing your pay a few days earlier can make all the difference. high-interest cash advances,” he said.

Taxes 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. HQ: Darien, Connecticut. HQ: South Glastonbury, Connecticut. Tags: Security, enterprise, business intelligence, compliance, ERM, fraud protection. million for its mobile P2P payment service. government. Mint Payments.

Company 12
article thumbnail

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 HQ: Shelton, Connecticut. Social media management & compliance for financial institutions . Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. One Finovate alum added cash at year-end: . Source: Crunchbase. million debt).

article thumbnail

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Credit card with consumer controls. Tags: SMB, merchants, payments, acquiring, credit/debit cards, mobile. Payment & trade finance for microbusinesses. Latest round: $13.2 million Series A. Total raised: $16.1 HQ: Barcelona, Spain. Source: Crunchbase. Digital sales & account opening. Latest round: $12 million. 401(k) platform.

Company 12
article thumbnail

FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

Finaeos automates the back-office and capital raise compliance. Our platform brings innovation to mobile card services. HQ: Westport, Connecticut. And now let us introduce you to the final fourteen companies of FinovateSpring 2015. See you in San Jose! Why it’s great. Founded: 2015. HQ: Victoria, British Columbia, Canada.