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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible. Being FDIC insured won't have any impact on deposits and Simple's app, cards and website will continue to work, the Talk Android report says. So BBVA pulled the plug.

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How Online Universities Take Fraudsters To School

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Phone numbers, email addresses, usernames and other online signifiers have become vital to digital identity verification, as the world becomes increasingly connected. Mobile wallets have become popular vehicles for storing and accessing credit card information, plane tickets and other documents.

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Mastercard Digital Commerce Suite To Make Every Card ‘Token Ready’

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17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure. The company is also working with issuers, including Citi and Fifth Third Bank, to convert cards on file into tokens.

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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

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Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. Getting Ready To Fight Off Apple And Google. Is a given FinTech looking ahead to technology shifts to things like real-time transaction cards?

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Apple Card Growth, Flywire Hire and B2B Changes Top Week’s News

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Goldman Extends $10B In Apple Card Credit In First Month. According to regulatory filings made public this week, Apple Card? customers had $736 million in loan balances at the end of September, though it’s not clear how that compares with other credit cards, as Bloomberg said banks do not break out performance by individual cards.

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Data Dive, Rainy Days Edition: Fines, Misses And Video Game Money Laundering

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It is also, according to reports, a favored new method by thieves, who will access someone else’s credit card information, use it to create a Fortnite account and then buy V-bucks, the game’s currency. Capital One ’s further reprots domestic card loans increased 8 percent or $5.8 Credit card loans increased 5 percent to $116.4

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The Evolution Of eBay’s Global Payments Strategy

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Credit and debit card penetration in markets like Mexico is still low compared to the U.S. For example, so many of Mexico’s consumers who might be interested in purchasing their products may not have credit or debit cards to pay for their purchases. The ability to service things like Apple Pay and Google Pay in the U.S.

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