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Ant Group Curbs Credit Limits Of Some Users Of Virtual Credit Cards

PYMNTS

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. That arm of the financial technology (FinTech) giant offers a virtual credit card. Now, the future of Ant Group is up for debate. The company did not elaborate.

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CPI Card Group Launches Second Wave Cards For New Markets

PYMNTS

CPI Card Group announced that it has launched Second Wave cards for markets including transit, hospitality, entertainment and more. CPI revealed that the expansion of Second Wave into new use-cases and markets will allow more companies to incorporate environmentally-friendly solutions into their products.

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Video: 8 Ways to Crank up your Sitecore Authoring and Marketing Experience

Perficient

Whether you are launching a new Sitecore XP environment in the next few months or are wanting to enhance your authoring and marketing experience, this video should be a whistle stop on your enhancements campaign tour. Since then it was also presented to a smattering of Sitecore User Groups. Contact card (xProfile) enhancements.

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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit

PYMNTS

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.

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Today In Retail: Benetton Group Collaborates With EDITED; CarLotz Reports 12 Pct Jump In Net Revenues

PYMNTS

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. Benetton Group Teams With Retail Intelligence Firm EDITED. European fashion firm Benetton Group is collaborating once more with EDITED, the retail market intelligence company, as a “necessary platform” for its future three-year plan.

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Checkbook Launches Virtual Cards After Joining Visa FinTech Program

PYMNTS

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. Virtual Cards were created by Checkbook to reduce the fear of losing a wallet or being a target of credit fraud, according to the release.

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Mastercard Launches UK’s First All-Digital Gift Card

PYMNTS

Mastercard is partnering with CleverCards and Appreciate Group to offer gift cards directly to mobile wallets, Mastercard announced in a press release on Monday (Dec. The Select Digital Gift Card can be sent immediately by email, text or messaging app, and is available now as a last-minute Christmas present. billion in 2019.

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