Revolut Launches Market Leading Savings Vault Product - Offers 0.7% Annual Interest Paid Daily
- 4 years 5 months ago
- Payments, Credit Cards
Revolut launches an update to its interest-earning Savings Vault product, now offering 0.7% annual interest paid daily to help customers reach their financial goals faster. New and existing Revolut Metal users can set up a new Savings Vault account in a few taps with no minimum deposit, withdrawals at any time and annual interest paid daily with funds protected by the Financial Services Compensation Scheme (FSCS) up to a value of £85,000.
LiquidX Completes First Securitization Facility: USD $125 Million Receivables Portfolio Transaction with NORD/LB Serving as Agent and Funder
- 4 years 5 months ago
- Trade Finance, Credit Cards, Insurance
LiquidX, the global technology solutions provider for working capital, trade finance, and trade credit insurance, has expanded its technology offering to include reporting capabilities for securitization facilities. LiquidX sourced and facilitated a USD $125 million accounts receivable (A/R) finance program for a USD $20 billion company in the Technology Media and Telecom (TMT) sector. The structure achieved true sale recognition through the... more
Mastercard Unveils Next-Generation Virtual Card Solution for Instant B2B Payments
- 4 years 5 months ago
- Payments, P-Cards, Credit Cards
Mastercard Track Instant Pay uses machine learning and straight-through processing to analyze and automatically initiate instant payment of supplier invoices
A Clear Impact: New Accenture Report Identifies Economic Impact of the ‘Buy Now, Pay Later’ Platform for Consumers and Merchants
- 4 years 5 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
- 4 years 5 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
- 4 years 5 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
- 4 years 5 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
- 4 years 5 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
- 4 years 5 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
- 4 years 5 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
- 4 years 6 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
- 4 years 6 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
- 4 years 6 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
- 4 years 6 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
- 4 years 7 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.
