Jaja Finance Becomes The First Credit Card Provider To Partner With Plain Numbers
- 9 months 3 weeks ago
- Credit Cards
Jaja Finance, the digital lender, has become the UK’s first credit card provider to partner with Plain Numbers, to help its customers better understand their credit card bills and make informed spending decisions at a time when they need it most. It is estimated that just under half of working-age adults in the UK have numeracy skills at or below the level expected of an 11-year-old, with about 20 million people in Britain having poor numeracy... more
FIS Partners With Issuer-Merchant Collaboration Platform Kipp To Prevent Card Declines and Unlock Revenue for Debit Issuers
- 11 months 5 days ago
- P-Cards, Credit Cards
FIS®, a global leader in financial technology, today announced a strategic partnership with Letskipp Ltd. (Kipp), a collaboration platform for card issuers and merchants, to introduce an innovative non-sufficient funds (NSF) authorization solution to its debit clients.
Perpay Taps Marqeta to Power Consumer Credit Card
- 11 months 2 weeks ago
- Credit Cards
Marqeta, Inc., the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating
FICO UK Credit Card Market Report: January/February 2025
- 11 months 3 weeks ago
- Credit Cards
The latest analysis of UK card payments from global analytics software leader FICO shows that spending fell in January and rose in February, as per usual seasonal patterns. However, January saw increases in missed payments across one, two and three months. In February there was evidence of consumers prioritising card payments, with decreases in cardholders missing one and two payments. An area of concern for credit managers is the persistent... more
FICO UK Credit Card Market Report: November/December 2024
- 1 year 2 months ago
- Credit Cards
Spending, balances, payments, and cash usage on UK credit cards followed expected seasonal trends in November and December 2024, with spending and balances reaching the highest averages that global analytics software provider FICO has ever recorded. While missed payments fell in November and December, average balances rose on accounts where payments have been missed. Highlights
JetBlue and Barclays Launch Premier Credit Card Packed with Premium Travel Benefits
- 1 year 2 months ago
- Credit Cards
JetBlue today announced the launch of the JetBlue Premier World Elite Mastercard® , issued by Barclays US Consumer Bank, designed to unlock incredible value for frequent travelers and everyday spenders. With elite benefits, such as complimentary lounge access, the Premier Card makes the JetBlue experience more rewarding than ever before.
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
- 1 year 2 months ago
- Credit Cards
Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.
JCB And Taiwan Rakuten Card Launch New JCB Panda Card
- 1 year 3 months ago
- Credit Cards
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, has announced the launch of the new JCB Panda Card in collaboration with Taiwan Rakuten Card. The new JCB Panda Card will be available starting January 15, 2025.
Managing Credit Cards at University
- 1 year 3 months ago
- Credit Cards
University life is often a time of significant personal growth and exploration, but for many students, it’s also a time of financial strain.
Tradition Capital Bank Partners With CorServ for Improved Credit Cards
- 1 year 3 months ago
- Credit Cards
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.
BNPL Saved Brits Half A Billion Pounds In Credit Card Interest Over A Decade—Klarna Marks 10 Years Of Savings
- 1 year 6 months 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
- 1 year 7 months 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
- 1 year 8 months 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
- 1 year 8 months 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
- 1 year 8 months 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.
