Tagged: credit card

Canadian Consumer Satisfaction Stalls with Banking and Credit Card Apps as Competition Increases, Study Finds

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

US Fintech Yendo Bags $165m in Latest Funding Round

Yendo, the creator of the first vehicle-secured credit card, announced that it has closed a significant financing round, totaling $165 million. This includes $150 million in debt financing led by i80 Group, with an additional $15 million in equity from undisclosed strategic investors. The funds… Read More

Visa’s New AI Suite Targets $40bn in Fraud Prevention

Credit card major Visa Inc. is poised to enhance its fraud-prevention capabilities by incorporating three new artificial intelligence (AI)-powered tools into its product suite for business clients, according to a Bloomberg report. This move underscores the company’s commitment to leveraging advanced technology to bolster security… Read More

Robinhood Introduces New Gold Credit Card

Robinhood

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

Financial Services: Argentina’s Fintech Uala Launches No-Fee Credit Card

Buenos Aires-based fintech firm Uala has launched a no-fee credit card in Argentina, targeting the massive population of unbanked Argentines, according to a Bloomberg report. The company, which is backed by investors George Soros, Steve Cohen, and Tencent Holdings, is offering its no-fee credit card… Read More

TreviPay, Harbor Freight Tools Debut Commercial Credit Card

TreviPay, a global B2B payments and invoicing network, recently announced it has partnered with Harbor Freight Tools, a national tool retailer, to provide a Harbor Freight Commercial Credit Card. This new payment option provides instant B2B credit to its business and institutional customers with invoicing and… Read More

Indian Fintech Startup Kiwi Raises $13m in Series A Funding

Indian fintech startup Kiwi has announced raising $13 million in a Series A funding round anchored by Omidyar Network India. The round, which followed the startup’s $6 million funding, was also backed by existing investors Nexus Venture Partners and Stellaris Venture Partners. Founded in November… Read More

Financial Super App Curve Launches Update to Offer Protection on Debit Cards

Financial super app Curve, which consolidates all your debit and credit cards into one card and app, has just launched its first ever credit card in the UK. The new Curve credit card “has all the bells and whistles of Curve, supercharged with greater security… Read More

Equifax Fraud Report Shows Rises in Canadian Credit Card, Mortgage Fraud Rates

New data suggests an increase in fraudulent activities within the automotive, credit card, and mortgage sectors, according to the latest Equifax Canada Fraud Trends Report. The report also suggests the uptick in fraud is being driven by financial pressures faced by consumers and by bold… Read More

Nav Launches SMB-Focused Nav Prime Card

SMB fintech Nav this week launched Nav Prime, along with a credit-building card for small businesses. They believe it’s the latest tool to help small businesses improve their financial health. Nav helps small businesses transparently understand all of their financing options and know what they… Read More

Digital Banking: Nubank Supports Financial Inclusion of 5.7M Brazilians in Credit Market in One Year

Nubank (NYSE: NU) reveals that it has supported the financial inclusion of 5.7 million Brazilians in the credit card market in one year, according to a study released by Data Nubank – the company’s research and analysis platform on finances. The survey analyzed “the spending… Read More

Fintech Firm Bread Financial Launches Consumer Credit Card with Assistance from American Express

Bread Financial (NYSE: BFH), a technology-forward financial services firm that offers “simple, personalized” payment, lending and saving solutions, has announced the launch of a new consumer credit card – the Bread Cashback American Express® Credit Card. Bread Cashback “offers unlimited 2% cash back with no… Read More

Digital Asset Firm Gemini Is Offering Credit Cards for Waitlist Members

The team at digital asset firm Gemini reveals that they are inviting select waitlist members to apply for the Gemini Credit Card, which “offers up to 3% back in crypto rewards on every purchase.” After you’re eligible to apply, you’ll get an email invite with… Read More

Amazon’s Visa UK Snub to Hammer #2 UK Credit Card Issuer Right in the Wallet

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

Railsbank, Status Money Launch Cash Back Crypto Investment Credit Card

Embedded finance platform Railsbank and Status Money, the New York-based personal finance company, are partnering to launch a cash-back credit card that automatically invests rewards in cryptocurrency. This partnership comes at a time when 45 per cent of Americans have no stock market investments, according… Read More

Venmo to allow automated crypto purchases through credit cashbacks

Users of Venmo, a mobile payments app owned by PayPal Inc, can now automatically buy cryptocurrencies through cashback earned from their Venmo credit cards. Venmo has launched this new feature that could boost crypto purchases among young users. However, unless users make regular and frequent… Read More

BlockFi to Offer the World’s First Bitcoin Rewards Credit Card, Now Available to All Eligible US Residents

The team at BlockFi, a company that allows users to earn interest and offers services including purchasing Bitcoin (BTC), borrowing USD, while growing their wealth. notes that they’re pleased to confirm that the “world’s first” Bitcoin rewards credit card is now available to all “eligible… Read More

Philippines Card Payment Use Surges as Economic Recovery Continues

Several factors will contribute to strong growth in card payments in the Philippines, a new report from GlobalData suggests. Gains of 15.4 percent are expected due to the gradual revival of the economy, easing of lockdown restrictions, and improving consumer spending. Those gains will leave… Read More

BlockFi News: No Annual Fee & Updated Benefits for the BlockFi Rewards Visa Signature Credit Card

  Cryptoasset-to-USD lender BlockFi announced on Wednesday it has updated benefits and changes to the BlockFi Rewards Visa® Signature Credit Card, which pays cardholders 1.5% back in Bitcoin on every purchase they make anywhere Visa is accepted. BlockFi revealed it decided to eliminate the annual fee… Read More

Online Payments Platform Skrill USA Launches Virtual Visa Prepaid card in the U.S.

  Integrated payments platform Paysafe announced on Thursday that Skrill USA digital wallet has launched a virtual version of its existing Skrill Visa Prepaid Card. According to PaySafe, Skrill USA’s latest product offers Americans a fully digital payments solution that can be activated instantly to spend… Read More

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