Monneo Begins LatAm Expansion with Support of PIX in Brazil
- 2 years 11 months ago
- Payments, Credit Cards
In a move that reaffirms the company’s global reach, virtual IBAN and corporate account provider, Monneo, is delighted to announce the launch of its service in Brazil as part of its plans to serve customers who require payment solutions in Latin America.
Texas Bay Credit Union Collaborates With Scienaptic To Leverage Its AI-Powered Platform For Enhanced Credit Decisioning
- 2 years 11 months ago
- Artificial Intelligence, Lending, Credit Cards
Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Texas Bay Credit Union has chosen its credit decisioning platform. The collaboration will help the credit union to make stronger loan decisions and enhance member experience.
Contactless Transactions Surged in 2021 as Shoppers and Merchants Benefitted From £100 Limit Increase
- 2 years 11 months ago
- Transaction Banking, Credit Cards
The value of payments made contactlessly increased 40.2 per cent compared to 2020 The contactless limit increase to £100 in October 2021 increased the average number of transactions by 27.5 per cent year-on-year Thursday 23 December was the busiest day for contactless payments with the value of eligible transactions 121.4 per cent higher than the daily average in 2021 Data compiled from billions of customer card transactions made in 2021
From Physical Terminal to Digital Solution: SoftPOS Has Arrived at Unicredit Bank
- 2 years 11 months ago
- Payments, Credit Cards
SoftPOS is an application developed by Nexi, Europe's PayTech company operating in high-growth, attractive European markets and technologically advanced countries, now introduced for the business clients of UniCredit Bank. With SoftPOS, users can offer the possibility of card payment to their customers, using their mobile phones as a terminal.
Revolut Launches Market Leading Savings Vault Product - Offers 0.7% Annual Interest Paid Daily
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 years 11 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
- 2 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.
