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Visa On Launch Of Infinite Business For High-Spending SMBs
Visa On Launch Of Infinite Business For High-Spending SMBs
October 23, 2019  |  VISA

Visa is rolling out a new card product suite focused on small businesses (SMBs) — more specifically, high-spending SMBs. David Simon, Visa’s senior vice president...

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Revolut Taps Mastercard For Its US Card Debut
Revolut Taps Mastercard For Its US Card Debut
October 22, 2019  |  Mastercard

British FinTech startup Revolut is collaborating with Mastercard to help it expand into the U.S. by the end of 2019, Mastercard said in a press...

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American Express Rides Higher Spending To Q3 Revenue Win
American Express Rides Higher Spending To Q3 Revenue Win
October 21, 2019  |  Earnings

Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of...

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Amex Targets Startups With Bank-Linked Cards
Amex Targets Startups With Bank-Linked Cards
October 18, 2019  |  B2B Payments

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with...

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PayPal Launches Venmo Credit Card
PayPal Launches Venmo Credit Card
October 17, 2019  |  Payment Methods

Online payments giant PayPal is teaming with Synchrony Financial to roll out a Venmo co-branded credit card next year, marking a first for the peer-to-peer...

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
JPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
October 16, 2019  |  Earnings

In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. were a highlight. Nomura’s Bill Carcache noted...

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Chase Sees Active Mobile Customers, Card Loans Grow in Q3
Chase Sees Active Mobile Customers, Card Loans Grow in Q3
October 15, 2019  |  Earnings

Amid the companies kicking off earnings season, JPMorgan Chase and Co. reported results that showed consumer spending remains resilient in the face of global macro...

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Goldman CEO Boasts Of High Apple Card Demand
Goldman CEO Boasts Of High Apple Card Demand
October 15, 2019  |  Apple

Goldman Sachs Chief Executive Officer David Solomon called the Apple Card “the most successful credit-card launch ever,” CNBC reported on Tuesday (Oct. 15). Get the...

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