VitraCash Reaches Beta Phase
- 3 years 10 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 10 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 10 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 10 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 11 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 11 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 11 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 11 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 11 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 11 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 12 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 12 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.
From Ocean Plastic Waste to Payment Cards
- 4 years 1 hour ago
- Payments, Credit Cards, Banking
At least 14 million tons of plastic end up in the world's oceans every year. The globally difficult situation is improved by collecting plastic waste from oceans and coastal areas and reusing it. As the first in Finland, the Savings Banks Group will offer its customers an option to have their debit or credit card made from ocean plastic. TietoEVRY manufactures, personalises and delivers payment cards to the Savings Banks’ customers.
iwoca Expands Market-first Revenue Based Loan to Support Post-pandemic SME Recovery
- 4 years 1 day ago
- Payments, Credit Cards
iwoca announces expansion of its merchant cash advance product to all businesses accepting card payments in the UK following successful launch with FundingXchange Research reveals that 87% of SME owners who use loan products said they believe that a revenue-based loan would be better or the same as using a term loan
Three Ways for Consumers Take Control of Their Credit, Amid Festive Financial Frenzy
- 4 years 2 days ago
- Digital banking, Credit Cards
- Zopa Bank highlights three key questions for a fun yet financially responsible holiday season - Zopa credit card spending increased 45% over Black Friday weekend - One in two Zopa customers improved their credit score using Zopa tools
