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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.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. 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. Other states, like Florida, may have no state income tax.

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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. Payment acceptance technology. HQ: South Glastonbury, Connecticut. Tags: Payments, fx, remittance, mobile, prepaid debit card, Finovate alum. million for its mobile P2P payment service.

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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. Slice’s technology provides item-level purchase data across the largest base of online consumers (two million and counting). Slice’s one-of-a-kind Purchase Graph technology. Founded: 2015.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Credit card with consumer controls. Blockchain technology. 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. million Seed.

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