Debit Cards news and trends

Data: 88% of Consumers Still Prefer In-Person Grocery Shopping
Credit Cards // October 25, 2024

As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: consumers favor debit cards for in-store purchases while credit cards dominate online transactions, particularly...

Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management
Credit Cards // October 22, 2024

Marqeta has added two new products to its card program management tools. The new UX Toolkit helps customers create modern payment experiences from scratch, while the new Portfolio Migration service makes it easier for companies to upgrade their existing card programs onto the Marqeta platform,...

Velera Aims for Card Diversification With Arroweye Partnership
Partnerships // October 15, 2024

Credit union service organization Velera has launched a collaboration with Arroweye Solutions. According to a Tuesday (Oct. 15) news release, Velera has chosen Arrowye as a provider of card production, personalization and fulfillment for Velera’s debit and credit card portfolio. “We are pleased to add Arroweye services to our...

JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
Earnings // October 11, 2024

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in the words of CFO Jeremy Barnum, is seeing a period of “normalization” as consumers are...

Interviews & Exclusives
Data: 88% of Consumers Still Prefer In-Person Grocery Shopping

October 25, 2024
As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: consumers favor debit cards for in-store purchases while credit cards dominate online transactions, particularly in discretionary spending categories like travel. Contrasting Shopping Trends: In-Person […]

JPMorgan CFO Says Consumer Spend Returning to ‘Normal’

October 11, 2024
As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in...

FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS

July 26, 2024
Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid the headlines driving stocks higher...

Physical Cards Hold the Keys to a Passwordless Future

July 02, 2024
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need...

Quick Reads
Visa Direct Teams With Coinbase for Real-Time Crypto Deposits

October 30, 2024
Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange’s customers deposit funds into their accounts via eligible Visa debit cards, according to a Tuesday (Oct. 29) news release. “Bringing this feature to our customers supports our mission of increasing economic freedom in the […]

Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management

October 22, 2024
Marqeta has added two new products to its card program management tools. The new UX Toolkit helps customers create modern payment experiences from scratch, while the new Portfolio Migration service...

Velera Aims for Card Diversification With Arroweye Partnership

October 15, 2024
Credit union service organization Velera has launched a collaboration with Arroweye Solutions. According to a Tuesday (Oct. 15) news release, Velera has chosen Arrowye as a provider of card production, personalization and fulfillment for...

Citi and Mastercard Partner on Cross-Border Payments to Debit Cards

October 10, 2024
Citi and Mastercard have teamed up to enable cross-border payments to Mastercard debit cards. The companies are launching this capability in 14 receiving markets across Europe, Asia, Africa, Latin America...