Search Results for: credit card

August 11, 2024 @ 8:22 am By Omar Faridi  |  

Since the Gemini credit card launched in April 2022, customers have reportedly earned millions in crypto rewards. Cardholders who kept their crypto rewards “saw them more than double thanks to the recent crypto bull run.” Here’s how Gemini credit card crypto rewards have performed: The… Read More

July 28, 2024 @ 6:46 pm By Omar Faridi  |  

Galileo Financial Technologies, a financial technology solutions provider and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement helps clients protect against card-not-present (CNP) debit and credit card fraud, projected to escalate… Read More

July 20, 2024 @ 8:12 am By Omar Faridi  |  

Aven, a technology company offering consumer credit cards backed by home equity,  announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven… Read More

July 17, 2024 @ 9:03 pm By Omar Faridi  |  

OneCard, a Fintech company in India, is forging a new path in the Indian credit card market and tapping into the fast-growing segment of tech-savvy individuals who value both design and financial control. As noted in a blog post by Razorpay, OneCard reportedly “manage over… Read More

July 13, 2024 @ 6:12 am By Tony Zerucha  |  

Online travel platform Expedia Group has finalized a multiyear agreement with Wells Fargo and Mastercard to launch two new co-branded credit cards. Designed to complement One Key, Expedia Group’s loyalty program, the One Key Card and One Key+ Card will offer more flexibility, savings, and… Read More

July 10, 2024 @ 11:51 pm By Omar Faridi  |  

After a “record breaking” 3-night run at the Aviva Stadium that left concert goers still trying to ‘Shake Off’ the Taylor Swift effect, the latest Bank of Ireland Spending Pulse analyzing debit and credit card spending reveals the economic impact of her visit. Analyzing 27th… Read More

June 28, 2024 @ 5:43 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside Asia, announced on the results of the seventh edition of Nubank Data, this time with the theme Financial Health and Well-Being: Access Beyond Credit. The study focuses on the journey… Read More

June 26, 2024 @ 10:49 pm By Omar Faridi  |  

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard, which offers small business owners “essential access to working capital along with an expansive menu of business tools,… Read More

June 21, 2024 @ 12:26 pm By Omar Faridi  |  

Consumers are spending twice as much when they use their credit cards for interest-free installments compared to traditional Buy Now, Pay Later (BNPL) plans, according to new first-party research shared by Splitit (ASX:SPT). The report, Merchants’ Evolving Perspective On the Value of Card-Linked Pay Later… Read More

June 15, 2024 @ 8:58 pm By Tony Zerucha  |  

Even though credit card fraud is increasing in the United States, a report from security.org said it is still poorly understood. As more people use cards and spend digitally, it opens the door for fraudulent activity; in 2023, an estimated 52 million Americans suffered credit… Read More

June 8, 2024 @ 4:33 pm By Omar Faridi  |  

Despite more customers than ever interacting with their banks and credit card providers via mobile apps and websites in Canada—and investment continuing to pour into the user experience of those digital channels—customer satisfaction with those tools is not improving. This, according to an update from… Read More

June 2, 2024 @ 2:53 pm By Omar Faridi  |  

The nation’s banking and credit card providers have done a great job establishing best practices for a seamless, efficient digital user experience on their mobile apps and websites, according to an extensive research study. However, with limited differentiation between brands, it’s become “challenging to distinguish… Read More

May 31, 2024 @ 10:20 am By Omar Faridi  |  

CIBC announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner. Michael Clabby, Executive Vice-President, Head… Read More

May 23, 2024 @ 10:44 am By JD Alois  |  

Yesterday, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule impacting buy now pay later (BNPL) providers. BNPL providers have emerged as a popular alternative to credit cards, as their interest rates are typically lower than credit cards. At the same time, many platforms… Read More

May 20, 2024 @ 10:28 am By Omar Faridi  |  

Credit cards have been a cornerstone of consumer payment methods for decades now, and the demand for consumer cards is only increasing. In fact, 43% of Gen Z and millennial consumers are increasing their spending on credit cards, suggesting that the market is both lucrative… Read More

May 9, 2024 @ 2:59 pm By Omar Faridi  |  

Fasanara Capital Ltd, a global asset manager with around $4 billion in AUM and a market leader in the fintech lending space, is pleased to announce a $100 million credit facility to Mexican credit card lender, Plata. Plata aims to transform the financial ecosystem for… Read More

May 9, 2024 @ 8:01 am By Omar Faridi  |  

Varo Bank, a federally chartered digital bank, has shared research about the impact of inflation on cash-sensitive consumers in a new Wealth Watch Insights report. The data shows the strain inflation has caused for this demographic, “with 89% of respondents reporting that they now rely… Read More

May 3, 2024 @ 6:59 pm By Tony Zerucha  |  

A report from the Small Business Payments Alliance (SBPA) finds that the majority of small businesses oppose new government payment network mandates. They believe the Durbin-Marshall bill, aka the Credit Card Competition Act, will disproportionately benefit the top five businesses in the United States by creating a… Read More

April 19, 2024 @ 9:19 am By Omar Faridi  |  

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

March 28, 2024 @ 10:40 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) CEO Vlad Tenev has unveiled a new product and feature for the Fintech firm’s clients during a session in New York City. Robinhood notes that its New Gold Standard is yet another step forward in their company’s mission to “democratize finance for all… Read More