debit

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
January 12, 2023  |  Banking

Starting tomorrow, Wall Street will focus on how banks view inflation, the stock market and bond trading. But as earnings kick off on Friday (Jan....

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Consumers’ Openness to Payment Options Drives Better Credit Scores
Consumers’ Openness to Payment Options Drives Better Credit Scores
December 05, 2022  |  Payment Methods

Consumers willing to try something new at checkout could boost their credit scores. This at a time when new findings in the report “New Payment Options:...

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Eat, Pay, Love — a Meditation on Holiday Spending
Eat, Pay, Love — a Meditation on Holiday Spending
December 03, 2022  |  Retail

It turns out that dining, shopping, and even paying for such delights is uplifting. As in scientifically, and numerically as the case may be for...

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52% of Consumers Used Stored Debit Credentials for Recent Online Purchases
52% of Consumers Used Stored Debit Credentials for Recent Online Purchases
December 02, 2022  |  Consumer Insights

Stored payment credentials are rapidly overtaking manual entry for eCommerce purchases. We see the trend clearly in data from a survey of over 2,100 U.S....

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Green FinTech TreeCard Raises $23M
Green FinTech TreeCard Raises $23M
November 30, 2022  |  Investments

Environmentally conscious money app TreeCard is $23 million richer following a Series A funding round. According to published reports Wednesday (Nov. 30), the British company...

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Patience and Cash-Like Payment Options Lead Peak Shopping Season
Patience and Cash-Like Payment Options Lead Peak Shopping Season
November 29, 2022  |  Retail

Cash equivalents came on strong in the closely watched Cyber Five weekend that ended Monday (Nov. 28). Faced with staggering inflation that pushed paycheck-to-paycheck households...

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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...

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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...

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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...

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