A Clear Impact: New Accenture Report Identifies Economic Impact of the ‘Buy Now, Pay Later’ Platform for Consumers and Merchants
- 3 years 3 months ago
- Payments, Credit Cards
New research conducted by Accenture reveals that in 2021, Clearpay, a leader in Buy Now Pay Later (BNPL), saved consumers up to £28 million in credit card fees and generated £1 billion in total revenue for its UK partner merchants in 2021, including £739 million in incremental sales as they fight back against COVID.
Amazon Visa Ban Hack: Curve continues to allow users to pay by Visa Credit on Amazon
- 3 years 3 months ago
- Credit Cards
Curve is the only UK-based solution that can offset the decision by Amazon to ban Visa Credit cards Curve, the financial super app which combines all of your debit, credit and loyalty cards into one, easy-to-use smart card, is the only solution which allows Visa Credit card holders to continue spending on Amazon after the ban comes in on Wednesday 19th January.
Essential Federal Credit Union Supercharges Member Digital Engagement with Vericast’s Account Advisor Powered by Ignite Sales
- 3 years 3 months ago
- Credit Cards, Banking
Account Advisor enables Essential FCU to provide a deeper, consistent, and differentiated member experience Vericast, a leading marketing solutions company that delivers actionable insights and operational expertise at scale, today announced that Essential Federal Credit Union (FCU) has selected Vericast’s Account Advisor solution powered by Ignite Sales’ guided conversation technology.
VitraCash Reaches Beta Phase
- 3 years 3 months ago
- Credit Cards
With its goal of transforming Fintech for the better, VitraCash motors towards its full release VitraCash has opened its revolutionary debit card and app to beta customers, heralding a new era of simplicity for consumer payments even in the most remote global destinations.
Soft Space Enters into Strategic Partnership with JCB
- 3 years 3 months ago
- Payments, Credit Cards
Collaboration will expand JCB's presence in Southeast Asia and act as a bridge for Soft Space to link Japanese consumers with the region and vice versa
Biz2Credit Small Business Lending Index™ for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace
- 3 years 4 months ago
- Lending, Credit Cards
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019
Intrepid Credit Union Chooses Scienaptic's AI-Powered Platform For Advanced Credit Decisioning
- 3 years 4 months ago
- Artificial Intelligence, Credit Cards
Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that Mont.-based Intrepid Credit Union has chosen its platform to boost its credit decisions.
The Card and Payments Awards Ltd Announces Postponement and New Date
- 3 years 4 months ago
- Payments, Credit Cards
Taking a responsible approach to the current climate and Covid Pandemic. The Card and Payments Awards 2022, after consultation with sponsors and other stakeholders, has been moved to a new date, Thursday 5th May, due to the unforeseen rise in infection from the Omicron variant.
CFPB Releases Report Detailing Consumer Complaint Response Deficiencies Of The Big Three Credit Bureaus
- 3 years 4 months ago
- Credit Cards
Equifax, Experian, and TransUnion Routinely Failed To Fully Respond To Consumers With Errors A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian, and TransUnion together reported relief in response to less than 2% of covered complaints, down from... more
American Express and British Airways Launch Offer for New and Existing Cardmembers Which Sees Avios Rewards Soar
- 3 years 4 months ago
- Credit Cards
Up to double bonus Avios available on the British Airways American Express® Cards From today, American Express is launching a series of limited time offers that will award generous Welcome Bonuses on its British Airways American Express Cards. Running until 28 February, 2022, these promotions include new Cardmembers* receiving a Welcome Bonus of up to double the usual amount, and existing Cardmembers receiving up to 12,000 Avios when they invite... more
Commercial Card Spending Set for Strong Growth as Focus Shifts from T&E
- 3 years 4 months ago
- Payments, Credit Cards, Data
Diversification by traditional issuers and fintechs will drive growth in European commercial card spending to €530 billion by 2025 Recovery in T&E spending will be slow as business travel practices permanently change RBR’s Commercial Cards in Europe 2021 forecasts that European commercial card spending will be 44% higher in 2025 than in 2019 as issuers exploit potential in new sectors to counter a challenging environment for T&E cards.
Yokoy Launches Visa card for Business Customers
- 3 years 5 months ago
- Payments, Credit Cards
Yokoy and Visa have teamed up to develop a debit card that integrates automated payment transactions into a comprehensive spend management solution. Thanks to its versatility and attractive fee structure, the Yokoy Visa Business Card is an ideal debit card solution for companies whose employees operate across Europe.
Creditspring Hits 100,000 Customers as UK Consumers Increasingly Seek Affordable Credit
- 3 years 5 months ago
- Lending, Credit Cards
With soaring inflation and living costs, Creditspring sees double the number of people seeking affordable credit since July. The fintech’s customer base has grown by almost 430% over the last 12 months, doubling the total amount it has lent in the last six months.
Almost 100k Americans Fell Victims to Credit Card Fraud in 2021 Q3
- 3 years 5 months ago
- Credit Cards, Data Protection, Fraud Detection
Credit card fraud has become one of the most popular ways for criminals to make a quick buck. Credit card identity theft is relatively easy to carry out, and it’s also significantly less risky than traditional types of crimes, which is why it’s the most common type of identity theft in the last quarter. Data extracted and analyzed by Atlas VPN reveals that 97 thousand Americans were the victims of credit card fraud in Q3 2021. This type of... more
SimplyPayMe Integrates Smart Engines’ AI-based OCR for Credit and Debit Card Scanning
- 3 years 5 months ago
- Payments, Credit Cards
The global payments company, SimplyPayMe, has integrated a software product through Smart Code Engine for credit card scanning in their mobile app. The integration enables SimplyPayMe merchants to receive frictionless, contact-free card payments through a software-based Point-Of-Sale (POS) system without having to manually type in numbers.
