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

Neobank N26 Teams With Dosh To Expand Rewards Program
Neobank N26 Teams With Dosh To Expand Rewards Program
March 22, 2021  |  Loyalty & Rewards

German neobank N26 announced in a press release the expansion of its cash back rewards program called Perks for its mobile banking clients in the...

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Today In Digital-First Banking: Nacha’s WEB Debit Rule Becomes Effective; Goldman In Discussions To Take Over JetBlue’s Card Program
Today In Digital-First Banking: Nacha’s WEB Debit Rule Becomes Effective; Goldman In Discussions To Take...
March 19, 2021  |  News

In today’s top news in digital-first banking, Nacha has said that the WEB Debit Account Validation Rule has become effective, while Goldman Sachs Group Inc....

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Nacha’s WEB Debit Account Validation Rule Takes Effect
Nacha’s WEB Debit Account Validation Rule Takes Effect
March 19, 2021  |  Regulation

The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to...

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Visa Faces Justice Department Probe On Debit Card Processes
Visa Faces Justice Department Probe On Debit Card Processes
March 19, 2021  |  Regulation

Visa Inc. is facing a probe from the Justice Department concerning allegedly anticompetitive processes in the debit card industry, The Wall Street Journal reported, citing...

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CUs Play To Win The Credit ‘Competition’ Against Larger FIs
CUs Play To Win The Credit ‘Competition’ Against Larger FIs
March 16, 2021  |  Credit Unions

When PYMNTS checked in with the credit union sector in late September 2020, its innovation agenda reflected an ambitious attitude regarding card-issuing credit products. As...

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Today In Digital-First Banking: N26 Teams With Dosh On Cash Back; SoFi Inks $22.3 Million To Buy Golden Pacific Bancorp
Today In Digital-First Banking: N26 Teams With Dosh On Cash Back; SoFi Inks $22.3 Million...
March 10, 2021  |  Digital Banking

In today’s top news in digital-first banking, N26 has joined forces with Dosh on cash-back perks, while SoFi is purchasing a community bank. Plus, J.P....

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Wirex Debuts Mastercard Debit Card For Crypto And Traditional Currency
Wirex Debuts Mastercard Debit Card For Crypto And Traditional Currency
March 10, 2021  |  Mastercard

Digital payments service Wirex has launched a multicurrency Mastercard debit card in the U.K. and EEA, along with a new reward program, a press release...

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Pymt Removes Fees To Help SMB Merchants
Pymt Removes Fees To Help SMB Merchants
March 07, 2021  |  B2B Payments

Pymt, a Birmingham, Alabama-based point-of-sale (POS) platform, is removing fees to help small- to medium-sized businesses (SMBs) more readily attain its services amid the pandemic,...

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Data: Credit Unions Look To Close The Touchless Payments Gap
Data: Credit Unions Look To Close The Touchless Payments Gap
March 03, 2021  |  Credit Unions

It has been almost a year since United States credit unions (CUs) first closed their brick-and-mortar branches to help slow the pandemic’s spread, and there...

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