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

Affirm: Smart Data Provides Edge in BNPL Space
Affirm: Smart Data Provides Edge in BNPL Space
June 15, 2022  |  BNPL

Affirm has an edge over competitors in the buy now, pay later space (BNPL), and its data analysis approach is key to the company’s successful...

READ MORE >
Money Mobility Playbook: How to Manage Security, Customer Experience Risks
Money Mobility Playbook: How to Manage Security, Customer Experience Risks
June 10, 2022  |  Security & Fraud

No matter what form it takes, risk is inherent in money mobility, since delivering instant or near-instant payments to multiple endpoints in a range of...

READ MORE >
EMVCo: Global Circulation of EMV Chip Cards Tops 12B
EMVCo: Global Circulation of EMV Chip Cards Tops 12B
June 08, 2022  |  EMV

The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of...

READ MORE >
Insufficient Funds Caused 27% of Consumer Payment Declines in April
Insufficient Funds Caused 27% of Consumer Payment Declines in April
June 07, 2022  |  Consumer Finance

In April, insufficient funds became the most common reason that consumers’ payments were declined, according to “Digital Economy Payments,” a PYMNTS report based on a...

READ MORE >
CoinZoom Instant Debuts Outside US Through Visa Direct
CoinZoom Instant Debuts Outside US Through Visa Direct
June 06, 2022  |  Partnerships

FinTech platform and cryptocurrency exchange CoinZoom has unveiled a new tie-up with Visa that will integrate real-time push payments network Visa Direct and allow real-time...

READ MORE >
Dave Adds Cash Back Rewards for Dave Spending Members
Dave Adds Cash Back Rewards for Dave Spending Members
June 02, 2022  |  Loyalty & Rewards

FinTech Dave Inc. is making cash back rewards available to all Dave Spending members through the launch of the Dave Rewards program, according to a...

READ MORE >
Wirex, Visa Team on Crypto-Backed Visa Card
Wirex, Visa Team on Crypto-Backed Visa Card
May 10, 2022  |  Partnerships

Cryptocurrency platform Wirex has more than 150,000 registrations on its cryptocurrency app that launched in the U.S. six weeks ago and will work with Visa...

READ MORE >
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card Payments in India
Today in FinTech: Revolut Wants UK Bank License; Apple App Store No Longer Takes Card...
May 06, 2022  |  Technology

In today’s FinTech news, Revolut waits on a United Kingdom bank license, as well as one in the United States. Plus, new rules in India...

READ MORE >
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
May 06, 2022  |  Payment Methods

Apple can no longer accept debit and credit cards in its App Store as enforcement begins for new rules handed down by the Reserve Bank...

READ MORE >