Contis and Bitpanda Issue Multi-Asset Debit Card
- 4 years 2 months ago
- Credit Cards
A new Visa debit card from European neobroker Bitpanda launched this week. Combining Contis’ unique “zero-balance” Buffer technology with Bitpanda’s European-wide, multi-service platform has created one of the most powerful multi-asset propositions available – the Bitpanda Card.
TreeCard Raises $5.1 Million Led by EQT Ventures to Drive Sustainable Spending Through Reforestation
- 4 years 2 months ago
- Credit Cards
TreeCard -- the world’s first wooden Mastercard™ payment card that plants trees with everyday spending -- has raised a $5.12 million seed round led by EQT Ventures, with participation from Seedcamp and Episode 1. Angel investors including Matt Robinson (the founder of GoCardless) and Charlie Delingpole (founder of ComplyAdvantage) also participated in the round.
Swisscard Improves Early Collections, Reduces Net Credit Losses 40 Percent With FICO Analytics
- 5 years 2 months ago
- Credit Cards
Swisscard AECS GmbH, a leading credit card company in Switzerland, has optimized its early collections using FICO analytics leading to a 50 percent increase in revenue from billable collection expenses, a 40 percent reduction in net credit losses, a 30 percent reduction in account terminations whilst also lifting its Net Promotor Score for customers in collections by 11 points through improved customer interactions. For its achievements,... more
FCA Rounds On Credit Card Firms Over Customers in Persistent Debt
- 5 years 3 months ago
- Credit Cards
The Financial Conduct Authority (FCA) has written to credit card firms telling them to review their approach to borrowers who are stuck in persistent debt, where they are paying more in interest, fees and charges than they are paying of their balance.
Pleo Upgrades From Prepaid Cards To Credit Cards
- 5 years 3 months ago
- Credit Cards
Pleo is evolving – and perhaps the most important change is our new cards. We’ve always offered a tool that made it easy for people to buy what they need to do their jobs better. But in order to offer a market-leading product, we pushed ourselves to go beyond that and to reimagine our card. So we made a couple of changes - some big, some small, all good for our users. The benefits of a new Pleo credit card The first thing to know is that we’re... more
SoFi Is Partnering With Mastercard to Bolster Its Banking Offering With a Credit Card
- 5 years 3 months ago
- Credit Cards
The US-based fintech has teamed up with Mastercard for its new card network. Currently, SoFi offers a debit card product to users as part of its SoFi Money product via a partnership with Visa, but under the new deal, the cards will now run on Mastercard's network. In addition to issuing new cards to existing cardholders, SoFi is adding new benefits to its offering, including cash-back rewards, free cell phone insurance, and discounted airport... more
Cornèrcard Launches Biometric Credit Card
- 5 years 5 months ago
- Payments, Credit Cards
Switzerland's Cornèrcard has teamed up with Gemalto and Visa to launch the country's first credit card featuring a biometric fingerprint reader. To register a fingerprint on the limited edition Cornèrcard biometric gold Visa credit card, users touch a sensor, with an LED signalling the successful capture. Then, for the first transaction with the card, users enter a PIN. After this, they can confirm payments at the point of sale by touching the... more
59% of Card-Present Transactions Globally Use EMV Chip Technology
- 7 years 5 months ago
- Credit Cards, Data
Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017. This represents an increase over the prior year, when 42.4% of transactions were EMV-enabled. The data reflects average transaction volumes over a 12-month period to account for seasonal variations. Given the ongoing rate of EMV chip technology adoption, EMVCo... more
Tandem Bank Reveals Credit Card
- 7 years 5 months ago
- Credit Cards
We’ve previously used the hyperbole of ‘big huge news’ during an earlier burst of, well, big huge news, and now we’re stuck for synonyms to announce anything else. That said, here’s a moderately girthy announcement: The Tandem cashback credit card details are here So, here's the low-down: No transactions fees when withdrawing cash or making purchases abroad Get 0.5% cashback on all purchases over £1, everywhere Mastercard is accepted globally... more
Masterpass is Available on Air Canada
- 7 years 10 months ago
- Credit Cards
Mastercard today announced that Masterpass is available on Air Canada.com and vacations.aircanada.com, helping travelers get from booking to vacation-mode even faster. Air Canada joins a rapidly expanding roster of travel sites offering fast, easy and secure digital payment with Masterpass.
International Greenlight Smart Debit Card for Kids Integrates with Apple Pay
- 7 years 10 months ago
- Credit Cards
Continuing to accelerate its momentum and growth, Greenlight Financial Technology, Inc., today announced that the Greenlight smart debit card for kids now works internationally, and also integrates with Apple Pay.
PSCU Partners with Ethoca to Improve Card Not Present Fraud Loss Recoveries for Credit Union Member-Owners
- 7 years 11 months ago
- Credit Cards
PSCU is proud to announce a partnership with Ethoca, the leading global provider of collaboration-based technology solutions for card issuers and merchants, to help reduce losses from card not present (CNP) fraud.
Enacomm Brings Virtual Personal Assistants to Credit Unions
- 7 years 11 months ago
- Credit Cards
Credit union members can now securely access their financial information in real-time and safely conduct almost any financial transaction with popular Virtual Personal Assistants (VPAs), using only the sound of their voice. Enacomm, Inc., a leading provider of customer authentication and intelligent interactions technologies for banks, credit unions and credit card companies, this week presented VPA personal banking at the Corelation Client... more
Symitar Unveils Six New Credit Union Deals
- 8 years 2 weeks ago
- Credit Cards
Jack Henry & Associates' Symitar division today announced that, included in its new core wins during the first ten months of its fiscal year, the company has added six new billion-dollar core credit union footprints for the Episys system.
Visa Profits Jump in Q2
- 8 years 3 weeks ago
- Credit Cards
Today Visa Inc. announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights:
