Payments Dive

APRIL 13, 2023

Using the new merchant category code for gun and ammunition sales “could help identify dangerous patterns,” one advocacy group lawyer argues.

Cards 396

Cards Groups 396

The Paypers

APRIL 11, 2024

US-based paytech CPI Card Group ha announced the construction of anew manufacturing facility in Fort Wayne, Indiana, US.

Groups 36

Groups Indiana Cards US 36

Bank Innovation

FEBRUARY 5, 2018

Today Lloyds Banking Group confirmed it has banned customers from buying bitcoin with their credit cards. For Lloyds, that ban includes card credits for all the banks […]. EXCLUSIVE – Add one more to the mix. The move comes only days after U.S.

Bitcoin 220

Bitcoin Groups Cards America 220

PYMNTS

OCTOBER 28, 2019

CPI Card Group announced that it has launched Second Wave cards for markets including transit, hospitality, entertainment and more. First launched in September, Second Wave payment cards feature a core made with recovered ocean-bound plastic to reduce first-use plastic while diverting plastic waste from entering the ocean.

Cards 101

Cards Groups Marketing Survey 101

Bank Innovation

JANUARY 5, 2020

Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd. and stored-value card company […].

Digital Banking 300

Digital Banking Groups Fintech Cards 300

CFPB Monitor

JANUARY 26, 2023

In a letter to Director Chopra , five banking trade groups address the CFPB’s obligation to comply with the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA) before proposing a rule on credit card late fees and late payments.

Groups 78

Groups Cards National America 78

Payments Dive

APRIL 19, 2023

million judgment against a group of Nexway companies over processing payments tied to tech support scams, but they’ll ultimately pay the smaller fine for defrauding consumers. A court initially imposed a $49.5

Fraud 367

Fraud Cards Groups Payments 367

PYMNTS

AUGUST 6, 2020

Goodbye, corporate expense cards and hello, “Zero Card?”. 6) rolled out its new Zero Card , a touchless, pre-paid, digital corporate expense card that the California FinTech is hoping will give the traditional corporate expense card a run for its money. Paystand on Thursday (Aug.

Cards 240

Cards California blockchain Payments 240

Bank Innovation

FEBRUARY 11, 2020

aiming to extend its products to a select group of U.S. Its product offering is a physical and digital card that consolidates multiple bank accounts and cards into […]. -based payments consolidation startup Curve has officially opened its first North American office in Brooklyn, N.Y., customers by the end of this year. ?

Cards 284

Cards US Groups Payments 284

The Paypers

AUGUST 30, 2023

US-based paytech CPI Card Group has launched Card@Once Ribbon Shredder to help financial institutions protect their customer’s personal and financial data.

Groups 36

Groups Cards US Data 36

PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Wells Fargo also reported heightened debit card usage.

Cards 285

Cards Conference Groups Report 285

TheGuardian

MARCH 6, 2024

Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’ Regulators have been urged to block Capital One’s $35bn takeover of Discover by campaigners who say the blockbuster deal is “dangerous, illegal, and must be stopped”. Continue reading.

Groups 83

Groups Capital US System 83

PYMNTS

JUNE 14, 2020

Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. ” BELLIN Group CEO Martin Bellin said he created the company initially as a way to combat the inadequacies he saw as a corporate treasurer earlier in his career.

Groups 202

Groups Software Tools Management 202

The Paypers

MAY 8, 2024

Australia-based fintech DataMesh Group has announced a partnership with Visa to improve card-acceptance payment processing experiences.

Groups 36

Groups Fintech Cards Payments 36

Bank Innovation

JANUARY 8, 2020

While chip cards are becoming a mainstay at brick-and-mortar retail checkouts, gas pump payment technology lags behind. gas station owners until October of this year to upgrade pumps to accept EMV chip cards, rejecting a deadline extension request from the Merchant Advisory Group. Visa and Mastercard have given U.S.

Cards 259

Cards Meeting Groups Retail 259

Accenture

DECEMBER 10, 2019

Each quarter, Ryan Douglas from the Card Issuing group reports on recent developments for the US consumer credit card sector and compiles key metrics reported by the largest US banks (spend, receivables, loss rates and returns). The post Q3 2019: US credit card issuer snapshot appeared first on Accenture Banking Blog.

US 195

US Cards Groups Report 195

PYMNTS

APRIL 5, 2019

Dozens of cybercriminal groups have found a home on Facebook , using the platform’s online marketplace to sell illegal services such as stolen credit card information, as well as account theft and spamming tools, according to Cisco Systems’ Talos security unit.

Groups 190

Groups social media Fraud cryptocurrency 190

PYMNTS

DECEMBER 23, 2020

In today’s top payments news around the world, China’s State Council reportedly said that small and micro-sized firms can defer loan payments past Q1 2021 as needed, while China’s Ant Group is curbing the borrowing limits for some young users of Huabei. Ant Group Curbs Credit Limits Of Some Users Of Virtual Credit Cards.

Groups 148

Groups Cards blockchain Payments 148

PYMNTS

OCTOBER 6, 2020

Credit card launches happen a lot, and tend to blend together after a while, particularly for payments peeps who keep a close eye on such things. But Venmo – which dropped its first credit card for consumers on Monday (Oct. Splittable Card Payments . Instead, Venmo’s entire DNA is digital. Designing In Choice.

Cards 313

Cards Mobile User Experience Payments 313

Payments Dive

SEPTEMBER 3, 2022

“It's not just merchants at the mercy of the oligopoly,” writes Ed Mierzwinski, a senior director at the Public Interest Research Group. “Consumers all pay more at the store and more at the pump.”

Cards 221

Cards Groups 221

American Banker

MARCH 7, 2024

The lawsuit against the Consumer Financial Protection Bureau was filed just two days after the bureau finalized a rule to cut credit card late fees to $8 from $32.

Cards 69

Cards Groups 69

PYMNTS

JULY 14, 2020

PYMNTS research has shown that approximately 40 percent of consumers would be very interested in downloading highly functional mobile card apps that can be used to manage multiple cards, track spending and issue transaction alerts, among many other features. Among the former group, 46.3 Among this group, 57.9

Cards 197

Cards Mobile Groups Survey 197

The Paypers

MAY 23, 2022

Germany-based payment card producer exceet Card Group has announced a strategic cooperation with the green banking fintech ecolytiq.

Groups 63

Groups Cards Fintech Payments 63

CFPB Monitor

MARCH 13, 2024

Just two days after the CFPB issued its final credit card late fee rule (Rule) last week, a lawsuit was filed in a Texas federal district court seeking to invalidate the Rule.

Texas 78

Texas Fort Worth United States Cards 78

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. To provide commercial card issuers, cardholders and vendors with further automation and flexibility, Boost Payment Solutions is teaming with Visa. merchants accept touch-free payments.

Innovation 241

Innovation Cards Payments Technology 241

PYMNTS

NOVEMBER 23, 2020

Spanish financial firm BBVA has created a Global Commercial Cards product that lets firms have more control over the utilization of business cards by staffers. The new offering is designed to assist business customers in streamlining and optimizing costs paid through the bank’s commercial cards, according to a Monday (Nov.

Cards 196

Cards Management Conference Resources 196

Payments Dive

APRIL 4, 2018

Simplify payment acceptance and compliance with a fully managed solution for the transport of encrypted credit, debit and other card-based payment transactions. TNS' Managed POS Encryption service, in partnership with Ingenico Group, is ideally suited to merchants and processors. Download our product overview to learn more.

Groups 150

Groups Management Cards Payments 150

American Banker

MARCH 5, 2024

Banks and trade groups denounced the Consumer Financial Protection Bureau's final rule to cut credit card late fees to $8, saying they will do everything possible to kill the rule.

Cards 88

Cards Groups Compliance Lending 88

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

Cards 151

Cards Mobile Groups Tools 151

PYMNTS

OCTOBER 1, 2020

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)'s credit card business, according to a report from The Wall Street Journal (WSJ). In their pitches to GM, both Goldman and Barclays promoted the idea of cars as eCommerce portals, a notion supported by auto makers and card networks like Visa and Mastercard.

Cards 264

Cards Apple Lending Maine 264

Payments Dive

FEBRUARY 27, 2023

A credit union trade group railed against expected credit card processing legislation aimed at Visa and Mastercard before a bill has even been introduced in Congress this year.

Groups 370

Groups Cards 370

Bank Innovation

NOVEMBER 11, 2019

A Wall Street regulator is opening a probe into Goldman Sachs Group Inc.’s s credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card’s algorithms when determining credit limits.

Apple 186

Apple Cards Regulation Groups 186

CFPB Monitor

MARCH 13, 2024

Recently, a diverse group sent a letter to the Chairs and Ranking Members of the House Committee on Financial Services and the Senate Committee on Banking, Housing & Urban Affairs expressing support for the bills. House of Representatives (H.R. 7297) and U.S.

Groups 78

Groups Report Cards 78

PYMNTS

APRIL 26, 2020

Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal (WSJ). Credit card companies — Capital One, Discover, Synchrony — have been allowing people to pause payments for 30 days or more.

Cards 209

Cards Payments Capital Groups 209

Payments Dive

OCTOBER 5, 2023

The consumer advocacy group has taken aim at the card network for selling cardholder information. Mastercard has disputed the allegations.

Data 273

Data Groups Cards 273

PYMNTS

DECEMBER 4, 2019

Jack Henry & Associates has announced the launch of iPay CardPay, which enables its banks and credit unions “to provide near-real-time, card-funded bill payments using credit and debit cards as an alternative funding option,” according to a press release.

Cards 131

Cards Utah Payments Groups 131

The Paypers

APRIL 9, 2024

Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.

Groups 41

Groups Cards 41