American Express has added membership rewards to its fully digital Business Checking account, after numerous requests from customers that have been using the service since its inception, according to a company press release. Business Checking customers can now earn Membership Rewards points and convert them...
Grocery delivery service Instacart and Chase on Friday (July 22) announced they have teamed up to offer an Instacart Mastercard. The new card’s features include “unlimited cash back on groceries (and) everyday purchases,” the press release said. Card holders will be offered a choice between...
Credit card lending platform TomoCredit on Thursday (July 21) closed out a $122 million fundraising round that includes both equity and debt that will be used to expand the company’s No-Fico credit products, according to the company press release. Morgan Stanley’s Next Level Fund, MasterCard...
American Express has debuted a redesigned Blue Cash Everyday Card, adding new online shopping rewards and credits for streaming and cooking at home, among other benefits, according to a company press release Thursday (July 14). The updated, no-annual-fee Blue Cash Everyday card offers 3% cash...
A slowdown is in the cards. Literally — at least near term. A number of data points hint that we’re seeing a level of prudence at least when it comes to utilizing cards to make transactions. They’ve paid down debt and their keeping that debt...
As businesses seek cost reductions at a time of high inflation and with the COVID-19 recovery still very real and ongoing, more companies are looking to options like virtual cards. For the study “Accelerating The Time To Realized Revenue: The Virtual Card Edition,” a PYMNTS...
Card-issuing platform Marqeta is expanding its dashboard with over 40 new application programming interfaces (APIs) so its clients can develop and test individualized credit card experiences, according to a press release emailed to PYMNTS on Tuesday (June 28). Marqeta’s credit platform offers its clients the...
Wells Fargo will roll out a series of rewards cards, starting next month with the launch of its Autograph Card. The card is the latest in the banking giant’s efforts to introduce new offerings under the leadership of CEO Charlie Scharf, according to a Monday...
On Tuesday (June 21), the U.K.’s Payment Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One will consider scheme and processing fees, and the other will look at cross-border interchange fees. Focusing on the Mastercard and...