Nexo, a Swiss platform that provides instant cryptocurrency-backed loans, has launched a cryptocurrency Mastercard in some European markets, the company announced Wednesday (April 13). Nexo Card partnered with Mastercard and DiPocket, a London-based eWallet, providing customers with access to crypto-powered liquidity at more than 92...
Credit isn’t what it used to be, and that’s OK. In many ways it’s better, faster, more personalized and more responsive to spend trends in an unpredictable market. With buy now, pay later (BNPL) upending many traditional notions around credit, and as more FinTechs offer...
American Express customers on Monday (April 4) were still dealing with disruptions as problems with the card giant’s systems continued to limit access to its website and app. “We are aware that technical difficulties are currently affecting our phone services, certain online Account services, and...
Amazon is staying with JPMorgan Chase as issuer of its Prime credit card after considering a switch to American Express, CNBC reported Thursday (March 31). American Express and Synchrony were in contention to fill the gap if JPMorgan was ditched while Mastercard maneuvered to displace...
A key consideration for merchants considering whether to implement credit card surcharges is the impact of such a fee on credit card users. Having to pay a credit card surcharge has a negative impact on the consumer satisfaction of about one in five cardholders who...
Wells Fargo has joined forces with real estate startup Bilt to let customers earn points and miles on rent payments through a new credit card, the companies announced Monday (March 28). Read more: Bilt Rewards Nets $60M in Funding Mastercard first launched its Bilt Card...
American Express has launched the second installment of its Backing Historic Small Restaurants Grant Program, which awards $1 million in grant money to help preserve historic small restaurants across the country. “The past year has continued to pose challenges for restaurant owners as they navigate...
Huntington Bancshares Inc. has launched a cash-back credit card that allows customers to earn 1.5% unlimited cash back on every purchase, the Ohio-based regional bank holding company announced Wednesday (March 16). “This gives our customers yet another option when selecting a Huntington credit card based...
Payments and banking rewards firm Ascenda is partnering with credit card issuer Hyundai Card to introduce a suite of consumer and corporate cards on the American Express network in South Korea. The Hyundai American Express Card portfolio has six products for consumers and corporations that...