Tagged: credit cards

October 4, 2022 @ 9:47 pm By Omar Faridi  |  

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a comprehensive credit card program with Studio Bank in order “to provide innovative payment solutions.” Pioneered in Nashville, Studio Bank built a digital bank “with a local presence – their model is… Read More

October 2, 2022 @ 4:04 pm By Omar Faridi  |  

ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC credit card program in the future. Solaris will “replace Landesbank Berlin (LBB) as co-branding partner for the ADAC credit card in the second half of 2023.” Until then, the partnership with LBB “will continue.”… Read More

September 28, 2022 @ 7:50 pm By Omar Faridi  |  

Chase, which is reportedly one of the largest co-brand card issuers in the U.S., and DoorDash, the local commerce platform, announced plans “to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card.” The DoorDash Rewards Mastercard will… Read More

September 27, 2022 @ 10:29 pm By Omar Faridi  |  

Samsung, which claims to be India’s largest consumer electronics company, and Axis Bank, India’s third largest private sector bank, have partnered “to launch an exclusive co- branded credit card, powered by Visa.” With the Samsung Axis Bank Credit Card, consumers will “get 10% cashback across… Read More

September 15, 2022 @ 7:38 pm By Omar Faridi  |  

Power, a Fintech startup with plans to “reshape” global commerce, has reportedy early progress as they emerge from stealth. The company was founded “to build modern financial infrastructure and started by launching a full-stack credit card issuance platform.” As enterprises across consumer, commercial, and banking… Read More

September 10, 2022 @ 3:06 pm By Omar Faridi  |  

Card Curator, an app that informs rewards credit cardholders on how to earn the most out of their purchases without spending more, and U.S. investment and financial education app Invstr, have partnered “to help Invstr users make sharper decisions on their daily card spending with… Read More

August 17, 2022 @ 3:17 pm By Omar Faridi  |  

WebBank has announced an agreement with American Express (NYSE: AXP) “to become a card issuer and participant in the American Express network.” The collaboration allows WebBank “to issue credit card and payment solutions that include American Express benefits.” American Express selected WebBank “as one of… Read More

August 12, 2022 @ 10:23 pm By Omar Faridi  |  

Visa (NYSE: V) announced that Visa tap to pay will officially “arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g…. Read More

August 4, 2022 @ 9:36 pm By Omar Faridi  |  

Splitit (ASX:SPT) announced that letus has selected Splitit to bring its Installments-as-a-Service to its Cloud payment platform “for the property rental market, allowing tenants to pay expenses in several interest-free installments on their credit card.” The collaboration “brings a new payment option to letus’s Cloud… Read More

July 25, 2022 @ 10:17 pm By Omar Faridi  |  

Instacart, which claims to be the leading grocery technology company in North America, and Chase, one of the largest co-brand card issuers in the U.S., recently launched the new Instacart Mastercard credit card, with Mastercard as the “exclusive” payments network. With this “first-ever” credit card… Read More

July 22, 2022 @ 9:37 am By Omar Faridi  |  

Credit card chargebacks are reaching “crisis levels” for retailers on both sides of the Atlantic, according to a survey of U.S. and U.K. consumers published by Justt, the chargeback mitigation pioneer. Two-thirds of U.S. shoppers and 44% of British shoppers “have filed chargebacks in the… Read More

July 19, 2022 @ 2:24 pm By Omar Faridi  |  

X1 Card, the “smartest” credit card “ever made,” recently announced $25 million in Series B funding and will be “opening applications to the general public in the U.S. in the coming weeks.” The investment round has been “led by FPV Ventures, the new venture firm… Read More

July 13, 2022 @ 8:27 pm By Omar Faridi  |  

BPC, the international payments solution provider, has been selected as partner by NanoPay in Mexico, and has launched its anti-fraud solution SmartVista in order to safeguard credit card transfers for its clients. Daniel Hernández, Business Development Director and Country Manager Mexico at BPC, said: “The… Read More

June 26, 2022 @ 3:32 pm By Omar Faridi  |  

Kasheesh, a “first-to-market” digital payment platform, allows people to split payment for online purchases “across multiple combinations of debit and credit cards in any way they want, without added cost or interest hikes.” As part of its launch, Kasheesh has also announced it has raised… Read More

June 22, 2022 @ 10:38 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) will review credit card companies and their penalty policies like fees assessed for late payments. The CFPB reports that credit card companies generate $12 billion in revenue each year from these fees. More than 175 million citizens hold credit… Read More

June 15, 2022 @ 8:40 am By Omar Faridi  |  

TD Bank Group recently announced the launch of TD Payment Plans, a new credit card feature available “to eligible TD cardholders with EasyWeb online banking access.” With TD Payment Plans, eligible TD cardholders “can enroll qualifying purchases of $100 or more into equalized monthly payments,… Read More

May 27, 2022 @ 1:17 pm By Omar Faridi  |  

NAB has introduced a Buy Now, Pay Later (BNPL) solution that it says will not hit consumers with late charges, account fees or interest payments. The banking institution will reportedly allow clients to spend as much as $1,000 through a virtual credit card that’s embedded… Read More

May 25, 2022 @ 12:46 pm By Omar Faridi  |  

In a UK Credit Union “first,” Optimus Cards, the UK’s provider of white label card and banking solutions for traditional and new forms of currency, has introduces a flexible and “responsible” Credit Card product to Credit Unions at the Annual ABCUL conference. As mentioned in… Read More

May 19, 2022 @ 10:05 pm By Omar Faridi  |  

Greenlight Financial Technology, Inc., the Fintech firm on a mission to help parents raise financially-smart kids, recently announced the Greenlight Family Cash Mastercard, a credit card designed “to help parents save for their kids’ college and family’s future.” The Family Cash Card is the “first… Read More

May 15, 2022 @ 6:37 pm By Omar Faridi  |  

Deserve, the venture-backed Fintech firm expanding and powering the real-time credit card economy, recently announced a $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve’s digital-first, mobile-centric, and “highly configurable” credit card platform, the company will “use this new… Read More