BNPL Saved Brits Half A Billion Pounds In Credit Card Interest Over A Decade—Klarna Marks 10 Years Of Savings
- 1 month 4 weeks ago
- Credit Cards
Klarna, the AI-powered global payments network and shopping assistant, has announced new data showing that, is celebrating its tenth year in the UK this week. Ten years ago, Klarna created the UK’s modern BNPL industry: short-term, interest-free installment credit. In a decade marked by rising credit card debt, Klarna's BNPL solution has helped consumers avoid nearly half a billion pounds in interest payments.
Pix to Surpass Credit Cards in Digital Commerce in Brazil by Next Year; EBANX Analyzes Outcomes
- 3 months 1 week ago
- Credit Cards
Brazil's instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX, a global technology company specializing in payment services for emerging markets.
NatWest and Visa Launch New Credit Card to Support and Reward UK Customers
- 4 months 2 days ago
- Credit Cards
NatWest Group has collaborated with Visa, a world leader in digital payments, to launch a new travel reward credit card, available now in the UK for NatWest customers. The card offers a range of features, including: · 1% back on eligible travel spending, including on planes, trains, car rental, ferries, buses, hotel accommodation, travel agents, cruises, campsites and more.
Show Me the Money! Cashback and Value Credit Cards Grow in Popularity as Financial Health of Cardholders Declines, J.D. Power Finds
- 4 months 1 week ago
- Credit Cards
The points, miles and perks that have come to define the modern credit card marketing playbook are being replaced by cashback rewards and lower fee cards as cardholder financial health1 grows increasingly strained. According to the J.D. Power 2024 U.S. Credit Card Satisfaction Study,SM released today, only 46% of cardholders are now classified as financially healthy and 51% carry revolving debt on their cards.
Santander and Amazon Launch Their New Credit Card Amazon Visa in Germany Which Rewards Customers for Purchases at No Annual Fee
- 4 months 1 week ago
- Credit Cards
Amazon and Santander today announced a partnership to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does not require customers to open a new bank account. Amazon Visa enables customers to earn rewards while shopping on and off Amazon.de, which can be redeemed for purchases on Amazon.de.
Amazon and Barclays Launch New Co-Branded Credit Card That Gives Users Rewards on Everyday Spending
- 4 months 1 week ago
- Credit Cards
Amazon and Barclays, one of the UK’s largest credit card providers, announce a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending*, which can be redeemed for gift cards on Amazon.co.uk.
Reward Powers New NatWest Travel Reward Credit Card
- 4 months 2 weeks ago
- Credit Cards
Reward, global leader in customer engagement and commerce media, has expanded its partnership with NatWest to power its new Travel Reward Credit Card. This follows a longstanding partnership between the two brands, with Reward powering NatWest’s award-winning rewards programme MyRewards, helping deliver real value to Credit Card customers.
ixigo and AU Small Finance Bank Launch RuPay Variant of Their Co-Branded Travel Credit Card
- 5 months 1 week ago
- Credit Cards
ixigo, India's leading OTA for the next billion users, and AU Small Finance Bank, the largest Small Finance Bank of India, announced the launch of the RuPay variant for its premium co-branded ixigo-AU Small Finance Bank travel credit card, enabling UPI-based payments and rewards. This new offering is designed to bring enhanced benefits like greater convenience, wider reach, security and accessibility to modern travelers.
Happy Money Partners with Method to Further Streamline Debt Consolidation for Members
- 5 months 2 weeks ago
- Credit Cards
Happy Money, a leading provider of unsecured lending that helps credit unions grow, today announced a strategic partnership with Method, a leading provider of real-time data and payment access for consumer liabilities, to enhance the way members consolidate and pay off high-interest credit card debt.
FICO UK Credit Card Market Report: February 2024
- 8 months 2 days ago
- Credit Cards
The FICO UK Credit Card Market Report for February 2024 presents a mixed picture on consumer confidence and financial pressures. There was an uptick in spending after the usual seasonal dip in January and the number of people missing one and two payments fell. However, payments to balance fell by 3.6% compared to February 2023 and the average balance is higher than the previous month and previous year. Highlights
Mastercard Announces New Cardholder Benefits to Enhance Health & Wellness, Travel and Lifestyle Rewards for Consumers, Small Businesses
- 8 months 2 weeks ago
- Credit Cards
Mastercard announced new credit card benefits, working with leading health & wellness, travel, and lifestyle brands to help bridge the gap between everyday essentials and enriching experiences. New offerings with Alo Moves, Booking.com, HealthLock, Instacart Business,
Tally Launches Credit Card Debt Management Platform For Partners
- 8 months 3 weeks ago
- Credit Cards
Tally, a fintech startup known for helping people diligently pay down their credit card debt, today announced the release of its white-labeled credit card debt management software, a B2B offering that scales Tally’s mission to give consumers a better path to debt management. Tally's first partner, a large publicly traded consumer company with more than 50 million users, is slated to launch Tally’s software to its users in July 2024.
TrueNorth and Brim Partner to Deliver Next Generation Credit Card-as-a-Service Platform to Banks, Fintechs and Major Brands in North America
- 9 months 3 weeks ago
- Credit Cards
TrueNorth, a leading professional services organization specializing in implementation, systems integration and engineering of digital solutions for the financial services industry, and Brim Financial (Brim), a next-generation provider of credit card platform-as-a-service and one of the fastest growing Fintechs in North America, are excited to announce their strategic partnership aimed to bring robust and innovative consumer, small medium... more
Step Revolutionizes Rewards Card Industry With The Launch Of Step Black
- 1 year 1 month ago
- Credit Cards
Step, the leading mobile banking platform on a mission to improve the financial future of the next generation, announced the launch of Step Black Visa Signature® – a revolutionary rewards card that builds credit, not debt. After amassing a waitlist of over 100,000 people, Step Black is now available to the public, offering up to 8% cashback on purchases and over $500 in annual perks.
