PYMNTS

FEBRUARY 3, 2020

Goldman, according to reports in Bloomberg, would be added to the Amazon lending platform, which has traditionally helped merchants get the funding they need to get inventory. Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission.

Lending 146

Lending Apple Study Online 146

PYMNTS

AUGUST 18, 2019

Following in Afterpay ’s footsteps, the leader in “buy now, pay later” payments, Citi is forming a partnership with online retailer Kogan.com to let existing credit card customers switch to installment loans at the point of sale (POS). The fee will be calculated as a percentage of the purchase price, ranging from 0.5

Cards 135

Cards Lending Retail Security 135

Payments Source

JULY 8, 2019

Sensing a profitable opportunity in an underserved market, a variety of companies — ranging from traditional banks to fintech startups and even Amazon — are rushing into selling secured credit cards and other products designed for consumers with poor or thin credit.

Security 80

Security Cards Fintech Marketing 80

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

Bank Innovation

MAY 9, 2018

New takes on lending and underwriting dominated the opening day of demos at FinovateSpring 2018 here yesterday. SANTA CLARA, Calif. - But this being fintech's leading demo showcase, the featured startups offered up these basic, fundamental aspects of banking in a new way, often with "artificial intelligence" under the hood.

Lending 186

Lending Fintech cryptocurrency Cards 186

PYMNTS

JULY 14, 2020

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action. The account comes with 1.30

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2 And in what may be a reflection of that same positive sentiment and activity, credit card loans were up 8 percent year over year to $168 billion.

Cards 131

Cards Data Training Community Bank 131

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2 And in what may be a reflection of that same positive sentiment and activity, credit card loans were up 8 percent year over year to $168 billion.

Cards 130

Cards Data Training Community Bank 130

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. These plans fund retail purchases that consumers can then pay off over time in typically four installments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Morgan Enhances Virtual Cards Via Marqeta. Plaid, Galileo Boost ACH Efficiency.

Fintech 277

Fintech Cards Technology Samsung 277

BankBazaar

NOVEMBER 3, 2020

If you’re fresh out of college and have just joined the workforce, the prospect of getting a Credit Card may seem attractive. There are some obvious perks of having a Credit Card : cashbacks, rewards, air miles, rewards on spends etc. A Credit Card Builds Your Credit Reputation. Credit Cards Help You Earn Rewards.

Cards 78

Cards Lending Payments Retail 78

PYMNTS

MAY 31, 2019

As has been reported, Global Payments is the third largest merchant acquirer in the United States, while TSYS is the third largest card processor in the country. The company said it hired an independent security forensic company to make sure there wasn’t access to sensitive customer data. PayPal Hits $10B SMB Lending Milestone.

Lending 122

Lending Payments Apple social media 122

Accenture

OCTOBER 14, 2019

Guest blogger Markus Naumer examines how digital payments technology is enhancing credit lending and showing promise in addressing consumer credit-aversion challenges. Digital credit for consumers is an underpenetrated and underestimated opportunity for banks and retailers alike.

Payments 150

Payments Lending Examples Innovation 150

PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

Bitcoin 222

Bitcoin cryptocurrency Online social media 222

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers. The FTC commissioners approved the stipulated final order by a 5-0 vote.

National 78

National Retail Regulation New York 78

PYMNTS

FEBRUARY 6, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.

Payments 130

Payments Cards Retail cryptocurrency 130

PYMNTS

JUNE 9, 2020

Plus, retail dispute management firm Chargeback raised $6.6 JMP Securities, Oppenheimer & Co. JMP Securities, Oppenheimer & Co. Retail dispute management firm Chargeback announced Monday (June 8) that it has closed a $6.6 InsurTech Lemonade To Go Public. Lemonade Inc., Morgan Stanley & Co.,

Payments 130

Payments Retail Security Management 130

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Lending Tech With Almost Steady Grades (Even With Rough Semesters). First, there was the drama leading up to the breakup with the rich hottie.

Fintech 182

Fintech Lending Software Compliance 182

Bank Innovation

APRIL 9, 2019

launched a credit card last month, hoping to upend a $175 billion industry much like it did the phone business. At a splashy event, the company made a simple sales pitch and showed off the titanium product in a slick video. Chief Executive Officer Tim Cook called it the "most significant change" to […].

Cards 150

Cards Apple Video Industry 150

PYMNTS

MAY 22, 2018

After a brief dip in consumer spending early in the year, consumer enthusiasm for shopping seems to have returned as sales numbers in retail have been stronger than expected of late. household debt could hit $4 trillion primarily in the form of credit cards and auto loans, which have been steadily climbing. Auto Lending.

Lending 108

Lending Cards Maine Comparison 108

Payments Source

JULY 26, 2017

The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

Regional 61

Regional Cards Security Retail 61

PYMNTS

FEBRUARY 21, 2020

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin. MaxWholesale.

Capital 181

Capital Technology Cards Texas 181

MyBankTracker

AUGUST 11, 2020

Acima is a financing solution if you’re looking to buy appliances, mattresses, car tires, and other retail purchases. This lease-purchase option (or rental purchase) is an alternative to using a credit card or getting a personal loan. This can include a driver’s license, state-approved ID card, military ID, or passport.

Retail 52

Retail Cards Wisconsin Security 52

PYMNTS

DECEMBER 4, 2020

In just one of the most recent announcements , Stripe said it is partnering with several large banks to offer financial services via Stripe Treasury to offer debit cards and bank accounts to online merchants and other enterprises. The banks signing on to the new offering include marquee names such as Goldman Sachs, Barclays and Citigroup.

Lending 224

Lending Meeting User Experience Innovation 224

PYMNTS

MAY 13, 2016

On the heels of Lending Club’s fall from grace this week – the day after to be precise – Wells Fargo announced that it would come to the rescue of SMBs by offering fast decisions on small business loans. Merchants and Chip Cards. Alt Lending. This week, in particular, was tough for a few players – and one sector overall.

Cards 100

Cards Lending Google Apple 100

PYMNTS

MARCH 28, 2019

The demand is there: According to the latest edition of the PYMNTS Disbursements Tracker , 75 percent of consumers expressed a preference for faster payments, and 84 percent of those consumers reported debit cards as their preferred way of receiving those funds. Visa Direct is the card network’s instant push payments platform.

United States 219

United States Cards Payments America 219

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. So, here’s what you need to know to be trending in payments this week. EMV’s Second Phase.

Lending 100

Lending Mobile Cards Fraud 100

BankBazaar

APRIL 11, 2023

National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. The company grew its net revenue for FY23 by 60% over FY22 on the back of a 60% growth in its Credit Card issuances.

Branding 78

Branding Capital Cards Retail 78

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

DECEMBER 1, 2019

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 Launched in 2005, Zopa is considered one of the world’s first P2P lenders, lending almost £4 billion to consumers in the U.K. million USD) investment that it needs to become a challenger bank. based fund, and its U.K. investment vehicle Silverstripe. since its inception.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions.

Trends 175

Trends Fraud Millennials Community Bank 175

Abrigo

MAY 8, 2024

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

Examples 222

Examples Fraud Resources Risk Management 222

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. Plus, PayPal can do what it most wants to: meet more of the needs of its customers.

Lending 117

Lending Capital Video Online 117

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JUNE 20, 2016

When rumors of sales and acquisitions start popping up, it’s usually in a given retailer’s best interest to play their cards close to the chest and avoid spooking investors and markets alike. retailer with such an operation still active.

Omaha 109

Omaha New York Retail Lending 109

PYMNTS

SEPTEMBER 29, 2020

SMBs may be further hamstrung by traditional lending activities, said Shoihet, as borrowers are typically required to have an operational track record spanning at least a few years, and provide evidence of reasonably healthy balance sheets. The company is also evaluating secured credit card concepts, too, as an adjacent ancillary offering.

United States 286

United States Regional America Trends 286