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Regulatory Change Tops List of Payments Unexpected Threats
Regulatory Change Tops List of Payments Unexpected Threats
August 30, 2024  |  Opinion

The rise of technology requires a careful balance between innovation and risk management, i2c Chief Client Officer Serena Smith writes in a new PYMNTS eBook,...

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EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
August 14, 2024  |  Regulation

European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A pair of trade organizations — the European Banking Federation and Payments Europe —...

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Debt Consolidation FinTech Tally Shuts Down Amid Funding Drought
Debt Consolidation FinTech Tally Shuts Down Amid Funding Drought
August 14, 2024  |  Debt

On its face, the shuttering of Tally, a FinTech focused on helping consumers manage credit card debt, offers a snapshot of how tough fundraising is...

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Russian Central Bank Pulls Amex Subsidiary’s Banking License
Russian Central Bank Pulls Amex Subsidiary’s Banking License
August 13, 2024  |  Credit Cards

Russia’s central bank has reportedly canceled the banking license of the in-country subsidiary of American Express. As Reuters reported Tuesday (Aug. 13), the central bank did so at...

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India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
August 12, 2024  |  Credit Cards

Axis Bank has partnered with Visa to launch an “ultra-premium” credit card in India. The new card, Primus, will be offered by invitation only and will...

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Consumers See Inflation Moderating Longer Term, but Gird for Short-Term Price Pressures
Consumers See Inflation Moderating Longer Term, but Gird for Short-Term Price Pressures
August 12, 2024  |  Economy

The latest reading on consumers’ expectations about inflation — where it’s headed one year from now, three years from now, five years from now —...

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Firstcard Expands Credit-Building Platform to More Consumers
Firstcard Expands Credit-Building Platform to More Consumers
August 08, 2024  |  Credit Cards

Credit-building platform Firstcard is expanding its focus from college students into new markets. The company announced Thursday (Aug. 8) that it had extended its services...

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Marqeta Becomes Issuer-Processor for Varo Bank
Marqeta Becomes Issuer-Processor for Varo Bank
August 06, 2024  |  Partnerships

Card issuing platform Marqeta has been named issuer-processor for online bank Varo. “Varo selected Marqeta for its ability to combine sophisticated virtual, tokenized and physical card-issuing technology with...

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New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
New Data: Half of Consumers Would Switch Merchants for Access to Card-Linked Installments
August 05, 2024  |  Consumer Payments

Consumers are interested in options that help them manage their finances better. Many are turning to pay later plans for this reason. Installment plans linked...

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