credit

NY Fed: Credit Applications, Acceptances Plunge During Pandemic
NY Fed: Credit Applications, Acceptances Plunge During Pandemic
December 21, 2020  |  Consumer Insights

A new survey has revealed the steep plummet the consumer credit market took as the pandemic began, the Federal Reserve Bank of New York reported....

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CardUp Introduces Commercial Card Solution In Asia
CardUp Introduces Commercial Card Solution In Asia
December 21, 2020  |  B2B Payments

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not...

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Deep Dive: How Virtual Cards And Automated Processing Ease B2B Payments
Deep Dive: How Virtual Cards And Automated Processing Ease B2B Payments
December 18, 2020  |  CFO

A thriving commercial environment relies on sellers being able to trust that they will be paid when they provide goods and services, but myriad obstacles...

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Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

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PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
PSCU And Welcome Technologies Team Up On Credit Card Aimed At Immigrants
December 16, 2020  |  Financial Inclusion

Welcome Technologies, which builds data-driven tech for immigrant communities, has chosen PSCU, a credit union service organization, to provide processing services and support for the...

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ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
December 16, 2020  |  Mobile Order Ahead

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. The...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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An AI Blueprint For More Profitable Portfolios In 2021
An AI Blueprint For More Profitable Portfolios In 2021
December 14, 2020  |  Artificial Intelligence

Want to know what 10,000 U.S. consumers think about artificial intelligence (AI) as it relates to their financial lives? Just ask them, as was done...

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This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences
This Week In Payments: Regulatory Action, Big IPOs And Shifting Payments Preferences
December 11, 2020  |  News

It’s always a busy week in payments and commerce. But as Karen Webster told Edison Partners’ Chris Sugden during the latest edition of “This Week...

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