Tagged: debit cards

US based Digital Bank Chime Introduces Credit Builder, a Visa Credit Card that Works like a Debit Card, Only letting Users Spend Funds Available in their Accounts

US-based banking challenger Chime Financial Inc. has introduced a credit card, called Credit Builder, which aims to work somewhat like a regular debit card by allowing users to spend only the funds that are currently in their accounts. The Chime Credit Builder Visa Credit Card… Read More

Jay Nair: Senior VP at Infosys Explains how Financial Services Providers are Adopting Digital Transformation Strategies Due to COVID-19

We recently caught up with Jay Nair, Senior Vice President of Financial Services at Infosys (NYSE: INFY), a global leader in digital services and consulting. The company has clients in 45 countries who use its services to develop their digital transformation strategies. The firm has… Read More

UK Fintech Payhawk, a Corporate Expense Management Solution Provider, Partners Visa and Wirecard to Issue Business Cards

UK-based Fintech Payhawk, a corporate expense management solution provider that secured €3 million in seed funding in March 2020, has teamed up with Visa in order to issue business cards that offer 0.50% exchange rates. The Payhawk team says that by working with the payments… Read More

Swiss Financial Services Firm Eidoo Introduces Stablecoin based, Visa Crypto Debit Card

Bitcoin (BTC) and other digital currencies can be difficult to spend because most merchants still do not accept them. The Switzerland-based firm, Eidoo, is planning to help consumers easily spend virtual currencies by launching a Visa crypto debit card that will use regulated or compliant… Read More

UK Digital Bank Solution goHenry Unveils Biodegradable Debit Card for Children

UK-based digital banking solution goHenry has reportedly unveiled a new biodegradable debit card specifically for children. As previously reported, goHenry’s financial services, which is a debit card and app, is geared for the digital generation of kids and teens. The service allows parents to be able to… Read More

Google Might be Planning to Compete with Apple by Launching its Own Branded Virtual and Physical Debit Cards

Google is reportedly planning to compete with Apple by introducing its own branded payments card. According to TechCrunch, the Silicon Valley-based multinational corporation is in the process of creating both virtual and physical debit cards. These new payment cards will be co-branded with financial services… Read More

Mexico-based Fintech Clip Introduces New Contactless Payment System, “Clip Total”

Mexico-based Fintech firm Clip is introducing another payment method, called “Clip Total.” Adolfo Babatz, the company’s co-founder, said that the new payment solution is like having a “point of sale [system] in the palm of your hand.” During a recent presentation, Clip’s management shared an… Read More

India’s Payments Giant Paytm Partners Uber to Add Credit and Debit Card Processing to Allow Users to Easily Settle Card Transactions

India-based Paytm, an established payment gateway, has teamed up with ride-hailing app Uber in order to add credit and debit processing and will allow customers to easily perform card transactions. Uber will use the existing digital wallet integration with Paytm’s platform to offer riders a… Read More

Current Debit Card & Mobile App For Teens Now Has 200,000 Users

Current-Black-DCFT

Current, a U.S.-based fintech company, announced on Wednesday is now has 200,000 users that are using its smart debit card & mobile app service. Founded in 2015 (and launched in 2017), Current states it provides collaborative banking solutions, starting with a smart debit card and app… Read More

LendingPoint To Accept Loan Payments & Disburse Loans Through Debit Cards Thanks to Agreement With TabaPay

Fintech

Atlanta-based fintech direct loan provider, LendingPoint, announced on Monday it is set to accept loan payments and disburse loans through debit cards thanks to its agreement with TabaPay.  LendingPoint reported it will allow borrowers to use debit cards for loan payments they make online or over… Read More

TransferWise Names Wirecard As Debit Card Issuer

Global money transfer site TransferWise announced on Monday it has selected Wirecard as its debit card issuer. According to Transferwire, the debit card was privately launched in January to around one thousand existing Transferwire users, with a full public rollout planned for later this year…. Read More

U.S. Fintech Greenlight Secures $16 Million During Series A Funding Round; Announces New Strategic Partnerships

Greenlight Financial Technology, Inc., a Georgia-based fintech company that created a smart debit card for kids, teens, and college students, announced on Wednesday it secured $16 million during its latest Series A financing round, which was led by  TTV Capital with participation from existing investors, New Enterprise Associates Inc…. Read More

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