credit

Venmo Expands General Availability Of Credit Card
Venmo Expands General Availability Of Credit Card
February 16, 2021  |  Payment Methods

Venmo is introducing a Visa-powered credit card released in conjunction with Synchrony, the company said in a blog post on Tuesday (Feb. 16).  The Venmo...

READ MORE >
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
February 16, 2021  |  Security & Fraud

One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and...

READ MORE >
Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
February 16, 2021  |  Consumer Payments

Consumers have been broadening their horizons during the pandemic — trying out new hobbies, retailers and even payment methods. Tools such as mobile wallets or...

READ MORE >
Amex Says It Is Responding To DOJ Review of SMB Card Sales
Amex Says It Is Responding To DOJ Review of SMB Card Sales
February 15, 2021  |  Security & Fraud

American Express (AmEx) is said to be cooperating with the investigation by the U.S. Department of Justice (DoJ) into its business card sales practices, according...

READ MORE >
Equifax Verification Services Revenues Soar 70 Pct  
Equifax Verification Services Revenues Soar 70 Pct  
February 11, 2021  |  Earnings

Equifax‘s results showed that the pandemic has boosted demand for online data and services – particularly verification services, which soared 70 percent year on year. In...

READ MORE >
Collaboration Drives Corporate Card Product Innovation
Collaboration Drives Corporate Card Product Innovation
February 10, 2021  |  B2B Payments

This week’s Commercial Card Innovation roundup is once again highlighting the value of collaboration. Industry heavyweights including Mastercard and Visa are embracing the partnership model...

READ MORE >
Payroc: Credit Card Surcharge Momentum Spreads To Healthcare
Payroc: Credit Card Surcharge Momentum Spreads To Healthcare
February 10, 2021  |  Payment Methods

With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called...

READ MORE >
Wells Fargo Opts To Stay In Private-Label Card Business
Wells Fargo Opts To Stay In Private-Label Card Business
February 09, 2021  |  Credit Cards

Wells Fargo has decided to keep its private-label credit card business after testing the market for a possible sale, Bloomberg reported. The decision follows a...

READ MORE >
AI Adds Fuel To New Credit Scoring Data
AI Adds Fuel To New Credit Scoring Data
February 09, 2021  |  Digital-First Banking

There’s arguably no more important issue for financial service companies than customer acquisition. Yes, it costs more to get a customer than to keep them....

READ MORE >