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PSCU: Owner CUs Saw Rising Debit, Credit Sales Volumes Over The Holidays

PYMNTS

27 in the retail goods space among the organization’s owner credit unions were up 26.2 percent market rate that the National Retail Federation (NRF) had predicted, according to the release. percent of card present activity on contactless credit cards. Purchases between Nov. percent for debit and 18.1 percent to 5.2

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Looking to beat Apple to the punch, digital competitors roll out cashback cards

Bank Innovation

While the jury is still out whether the Apple Card will be the disruptive force that Apple has claimed it will be, fintech firms and banks alike appear eager to beat the tech giant to the punch. Tuesday’s launch of Zerocard, a “debit-style” credit card from fintech firm Zero, in partnership with WebBank, Evolve Bank […].

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New Report: Square Speaks Out On SMBs’ 2021 Payments Survival Guide

PYMNTS

Retailers, too, had to respond and revise their checkout experiences when fears over the new coronavirus lingering on surfaces led to consumers becoming reluctant to exchange cash with store clerks or insert payment cards into point-of-sale (POS) terminals. About The Playbook.

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Afterpay moves into US brick-and-mortar retail

BankInovation

The Afterpay card — and what we’re bringing to the market — is a virtual, contactless Visa card that is stored either in customers’ Apple […]. The Australian point-of-sale lending company, which launched online in the U.S. in 2018, announced the expansion into physical stores today.

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Visa’s Kevin Phalen: Making The Case For B2B Payments’ Innovation Progress

PYMNTS

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Opaque payments moving sluggishly across borders and between banks. Payment Rails Converging. Rethinking the Infrastructure.

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Walmart & Green Dot Turning Pre-Paid Cards into Checking Accounts

The Financial Brand

Anticipation about the mega-retailer's banking ambitions stokes fears, but the evolving role of hybrid fintech/neobank Green Dot is key. The post Walmart & Green Dot Turning Pre-Paid Cards into Checking Accounts appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Visa, Mastercard, AmEx win easier access to China market

Bank Innovation

card companies just moved a step closer to gaining access to China’s $27 trillion payments market. The biggest U.S. China said it won’t take longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa and American Express Co.,

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