The past 19 months have been a game-changer for the financial industry, with social distancing and stay-at-home orders driving unprecedented numbers of consumers to bank digitally. Sixty-four percent of Americans used some form of digital banking this year, with 80% preferring it to visiting a brick-and-mortar establishment. More financial institutions (FIs)...
The top court in India is keeping in place a ban that prevents banks, financial institutions and other regulated entities from providing services related to cryptocurrencies, Bloomberg reported. Chief Justice Dipak Misra led a bench that said the Reserve Bank of India’s directive will still...
The Federal Trade Commission (FTC) announced Thursday (Sept. 21) it had settled with mobile app company Pact which promised cash incentives to consumers who committed to fitness and nutrition goals. Those incentive were never paid out by the health app, and consumers were instead billed...
From digital to plastic ... and back again, with cash in hand or wallet or digital wallet to boot. PayPal has announced a cash back card with Mastercard. The push into payments in-store shows a bit of truism to the maxim what's old is new again....
August 31, 2017
From digital to plastic ... and back again, with cash in hand or wallet or digital wallet to boot. PayPal has announced a cash back card with Mastercard. The push into payments in-store shows a bit of truism to the maxim what's old is new again. PYMNTS caught up with Zach Knox, PayPal’s director of Credit Card Programs, to get a sense of how digital and plastic can go hand in hand.
August 02, 2023
Since the launch of the Apple Card’s Savings account, powered by Goldman Sachs, in April, over $10 billion in deposits have been made by users. In addition to reaching this milestone, 97% of Savings customers have chosen to have their cash rewards automatically deposited into their account, Apple said in a Wednesday (Aug. 2) press release. Jennifer Bailey, Apple’s vice […]
July 04, 2018
The top court in India is keeping in place a ban that prevents banks, financial institutions and other regulated entities from providing services related to cryptocurrencies, Bloomberg reported. Chief Justice...
September 22, 2017
The Federal Trade Commission (FTC) announced Thursday (Sept. 21) it had settled with mobile app company Pact which promised cash incentives to consumers who committed to fitness and nutrition goals....
June 02, 2015
Discover is luring new customers by boosting its rewards program for those who apply for a Discover it card by July 31, the company announced in a June 1 press release....