credit

Capital One Debuts AirKey to Help Banks Lock Out Fraudsters
Capital One Debuts AirKey to Help Banks Lock Out Fraudsters
October 09, 2024  |  Authentication

Capital One is offering its AirKey anti-fraud authentication tool to financial institutions. “Fraud is on the rise and costing billions in losses each year, making...

READ MORE >
Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
October 09, 2024  |  Credit Cards

FinTech company Mercury secured a $100 million credit warehouse with Natixis Corporate & Investment Banking to grow its corporate credit card business. In the two...

READ MORE >
Lenders Must Overcome Application Friction to Grow Embedded Lending Share
Lenders Must Overcome Application Friction to Grow Embedded Lending Share
October 09, 2024  |  Payments Innovation

Embedded lending is all about the future of credit. As such, it has opportunities and challenges, even in developed markets like the United States. The...

READ MORE >
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
October 08, 2024  |  Legal

U.S. Sen. Dick Durbin of Illinois is supporting an Illinois law that will bar the charging of interchange fees on the tax and tip portions...

READ MORE >
Credit Card Issuers Raise Rates Ahead of Late Fee Cap
Credit Card Issuers Raise Rates Ahead of Late Fee Cap
October 07, 2024  |  Credit Cards

Credit card issuers reportedly have been raising interest rates on the cards and adding new fees to make up for revenue they may lose from...

READ MORE >
Plaid and MoneyLion Team to Give Lenders Cash Flow Underwriting Insights
Plaid and MoneyLion Team to Give Lenders Cash Flow Underwriting Insights
October 07, 2024  |  Loans

Digital financial ecosystem MoneyLion adopted a new solution from Plaid that allows consumers to link their bank accounts and get pre-qualified for loans. When consumers...

READ MORE >
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
October 04, 2024  |  Loyalty & Rewards

Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and...

READ MORE >
3 Things to Know as Private Credit Heads Toward a $2 Trillion Industry
3 Things to Know as Private Credit Heads Toward a $2 Trillion Industry
October 02, 2024  |  Loans

The private credit market is booming — and has the potential to reshape lending, and risk, too, in financial services. Generally and conceptually speaking, the...

READ MORE >
Mastercard Acquires Subscription Management Service Minna
Mastercard Acquires Subscription Management Service Minna
October 01, 2024  |  Acquisitions

Mastercard agreed to acquire subscription management service Minna Technologies. The deal aims to ease the frustration consumers feel when dealing with subscription services, according to...

READ MORE >