Global card issuing platform Marqeta is growing its business to include consumer credit cards, the company said in a press release on Thursday (Feb. 18). The decision comes on the heels of Marqeta’s confidential filing for an initial public offering (IPO). Marqeta is working with...
No executive worth his or her salt would turn down participating in a trillion-dollar market. But what about $8 trillion? According to the Federal Reserve, the total amount of U.S. payroll in 2019 (the most recent year available) was $8.7 trillion. And although payroll hasn’t...
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. 18). Business owners from all walks of life — cafes, retailers, the trades — can access QR codes on their phones using the Revolut Business app. No external...
Venmo is introducing a Visa-powered credit card released in conjunction with Synchrony, the company said in a blog post on Tuesday (Feb. 16). The Venmo credit card launched in beta mode for select customers in October, and all Venmo users can now fill out an...
In 1943, psychologist Abraham Maslow developed his hierarchy of needs — five categories such as shelter, food, love and esteem that build on one another and ultimately motivate human behavior. The basic categories, states the theory, need to be satisfied before others … the need...
With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called “surcharging” has officially taken on movement status. According to Payroc’s VP of Operations Evan O’Brien, once increasingly informed merchants and...
QR codes are back, but then again, they never really went away. Toyota Motor Corp. created QR codes in 1994 as a way to track parts and processes. QR codes are now part of everything, from accessing magazine advertising to conducting commerce across the likes of...
Sports betting apps like FanDuel, DraftKings, Penn National Gaming app and BetMGM experienced technical issues right before the Super Bowl on Sunday (Feb. 7), CNBC reported. As the game was about to start, technicians tried to fix issues on those platforms and others in order...
Real-time payments have a knowledge gap. According to PYMNTS research, a surprising 36.2 percent of consumers claim to have used real-time payments even though the methods they use either do not support real-time payments or are not made in real time. Why the lack of...
