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

Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
April 12, 2022  |  Banking

Earnings season comes like clockwork. And earnings are a snapshot, a frozen point in time. For the banks, the question is not what’s in the...

READ MORE >
Visa Faces ‘New Network Fees’ Antitrust Suit After Court of Appeal Loss 
Visa Faces ‘New Network Fees’ Antitrust Suit After Court of Appeal Loss 
April 06, 2022  |  ANTITRUST

Visa will need to defend, for the second time, its debit card fees in an antitrust suit filed by payment processing network Pulse Network L.L.C....

READ MORE >
Robinhood Launches Debit Card with Auto Savings
Robinhood Launches Debit Card with Auto Savings
March 22, 2022  |  Personal Finance

Calling it part of its “mission to democratize finance,” brokerage app Robinhood has launched the Cash Card to help new customers start investing. The card,...

READ MORE >
Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
Today in Food Commerce: Restaurants, Grocers Leverage Technology to Take on Inflation
March 21, 2022  |  Commerce

Today in food commerce, American Express gives grants to historic restaurants, and PYMNTS data reveal how consumers payment habits shift as they begin spending more...

READ MORE >
Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
March 21, 2022  |  Payment Methods

When it comes to restaurant spending, consumers are opting to use credit cards when they spring for a premium meal but sticking with debit when...

READ MORE >
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022  |  Digital-First Banking

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee,...

READ MORE >
AmEx Launches First All-Digital Checking Account
AmEx Launches First All-Digital Checking Account
February 08, 2022  |  Digital-First Banking

American Express has launched its first all-digital consumer checking account, available for eligible consumer card members in the U.S. Rolled out Tuesday (Feb. 8), American...

READ MORE >
With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
With Product Debuts, Crypto Industry Puts Banks in its Crosshairs
February 07, 2022  |  Cryptocurrency

The fast-growing U.S. crypto debit card market has a new entrant in Wirex, a U.K.-based digital payments platform that claims the first such cryptocurrency-based payments...

READ MORE >
Gen Z Consumers Love Their Debit Cards…For Now
Gen Z Consumers Love Their Debit Cards…For Now
February 04, 2022  |  Mobile Payments

While debit cards might be the preferred in-person payment method for members of Generation Z, don’t expect this trend to last. A recent report from...

READ MORE >