In a time marked by sudden change and economic concern, each dollar counts for local businesses. Credit card surcharges are a prevalent cost-mitigation strategy that restaurants and retail stores use to offer customers the most comprehensive level of payment acceptance. Though many consumers pay the...
Brands and FinTechs can help credit-challenged customers rebuild credit histories and improve FICO scores with a new, customized secured card offering by Bond Financial Technologies. Embedded finance platform Bond is rolling out a Credit Builder Card that makes it easier for FinTechs and other companies...
The latest iteration of PYMNTS’ Provider Ranking of Credit Card Apps shows that while some things change, some things remain the same. As to what’s changed, last month, we saw a number of ties — where 13 apps crowded the Top 10 rankings. This time...
In a move to increase the availability of credit — including arrangements that improve credit scores — small-business-boosting platform Hello Alice launched the Hello Alice Small Business Mastercard Tuesday (Aug. 16). The card, issued in collaboration with Mastercard and First National Bank of Omaha, comes...
WebBank has become a card issuer and participant in the American Express network, the Utah-based bank said Tuesday (Aug. 16). “The collaboration allows WebBank to issue credit card and payment solutions that include American Express benefits,” the company said in a news release. “American Express...
The chief of Brazil’s central bank believes the country’s open finance system will soon lead to the end of the use of credit cards. Speaking at a cryptocurrency event, Roberto Campos Neto said Friday (Aug. 12) that through open finance, which Brazil’s central bank has...
Financial institutions (FIs) have an opportunity to boost long-term growth and profitability by tailoring their products to appeal to consumers who have multiple credit cards. PYMNTS’ data has found that an FI account holder’s possession of a credit card, whether issued by their primary bank...
Roy Ng knows how difficult life can be when full economic access always seems just out of reach. Relaying a story of moving to the U.S. from Hong Kong as a child, the co-founder and CEO of Bond recalled that his mother had to open a...
Caught up in the crosshairs of legal controversy, Visa is halting card payments for advertising on Pornhub and its parent company MindGeek following a lawsuit that accused the payment giant of knowingly facilitating the distribution of child pornography on Pornhub and other sites owned by...