credit

Balance Lands $350M to Help Steady SMBs
Balance Lands $350M to Help Steady SMBs
November 22, 2022  |  B2B Payments

B2B marketplace and eCommerce payments platform Balance has received a $350 million credit facility from Viola Credit to boost its financing capabilities. “Merchants can’t facilitate...

READ MORE >
Pomelo Taps Galileo to Power Global Credit Remittances for Families
Pomelo Taps Galileo to Power Global Credit Remittances for Families
November 20, 2022  |  Global Payments

Galileo Financial Technologies has teamed with money transfer company Pomelo to add its API-enabled technology to the Pomelo card. The company said in a news...

READ MORE >
False Declines Drop When Merchants and Issuers Show a Little Trust
False Declines Drop When Merchants and Issuers Show a Little Trust
November 18, 2022  |  Credit Cards

Card declines are known to blast off during peak shopping seasons, the winter gifting holidays topping the list, and the pernicious problem of false declines...

READ MORE >
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

READ MORE >
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

READ MORE >
Healthcare Financing Focus Is Shifting to Innovation and Omnichannel Approach
Healthcare Financing Focus Is Shifting to Innovation and Omnichannel Approach
November 17, 2022  |  Healthcare

Long known as the top reason for personal bankruptcy, medical debt is being made more manageable by new digital payment tools that allow consumers to...

READ MORE >
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Security & Fraud

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

READ MORE >
CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
November 16, 2022  |  CFO

A new survey from PYMNTS shows that a majority of CFOs expect the economy will slide into recession in the near future, a prediction that...

READ MORE >
American Express and Square Team on New Seller Credit Card
American Express and Square Team on New Seller Credit Card
November 16, 2022  |  Credit Cards

American Express and commerce solutions provider Square have partnered to create a forthcoming credit card that will be designed for Square sellers. The Square Credit...

READ MORE >