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

Consumers Turn To eCommerce Marketplaces, Debit Cards
Consumers Turn To eCommerce Marketplaces, Debit Cards
May 14, 2021  |  Today In Data

Chinese eCommerce company Alibaba said it plans to look for growth in new global markets after finishing a blockbuster year. And in payment methods, the pandemic is showing the...

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Webster Bank On How The Pandemic Has Caused Consumer Shifts Toward Debit And Digitization
Webster Bank On How The Pandemic Has Caused Consumer Shifts Toward Debit And Digitization
May 14, 2021  |  Next-Gen Debit

The pandemic has only increased debit’s appeal among debt-averse younger consumers, who are using it to pay for everything from monthly bills to small daily...

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Report: Debit, Digital Wallets Help Banks Keep Gen Z Customers
Report: Debit, Digital Wallets Help Banks Keep Gen Z Customers
May 13, 2021  |  Next-Gen Debit

The pandemic continues to affect consumers’ spending preferences as more and more of them trend toward emerging solutions like contactless transactions, peer-to-peer (P2P) payments and...

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Deep Dive: How CUs Are Being Challenged To Offer More Innovative Products
Deep Dive: How CUs Are Being Challenged To Offer More Innovative Products
April 30, 2021  |  Credit Unions

The pandemic has overwhelmingly affected the U.S., claiming the lives of more than 550,000 Americans and taking a massive financial toll on countless households.  The...

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North Dakota Trade Groups File Debit Card Fee Suit Against Federal Reserve
North Dakota Trade Groups File Debit Card Fee Suit Against Federal Reserve
April 29, 2021  |  Legal

Two retail trade groups at the state level have sued the Federal Reserve to seek a decrease in debit card swipe fees, Bloomberg reported Thursday...

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San Mateo Credit Union On Pivoting To Meet Members’ Changing Credit Needs
San Mateo Credit Union On Pivoting To Meet Members’ Changing Credit Needs
April 29, 2021  |  Credit Unions

The past year challenged credit unions (CUs) as in-branch visits slowed while the shift to online and mobile banking accelerated. CUs have had to pivot...

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Report: Credit Unions Tap Data To Capture Member Credit Business
Report: Credit Unions Tap Data To Capture Member Credit Business
April 28, 2021  |  Credit Unions

Improving job rates and the overall health of the economy are contributing to an increase in size of credit unions’ (CUS’) member base. Recent data...

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Visa Direct Transactions Surge Almost 60 Pct YoY
Visa Direct Transactions Surge Almost 60 Pct YoY
April 27, 2021  |  Earnings

Visa posted second quarter fiscal year earnings results that showed continued momentum in debit spending and tap to pay, some lessening of the headwinds in...

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Visa, Mastercard Earnings To Anticipate Credit Rebound And Contactless Surge  
Visa, Mastercard Earnings To Anticipate Credit Rebound And Contactless Surge  
April 26, 2021  |  Earnings

The big banks have reported – and now come the payment networks (and, by extension, the cards). This week, the earnings deluge continues, where a...

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