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Russia Could Prevent Crypto Buys by Hindering Debit, Credit Payments

Russia Could Prevent Crypto Buys by Hindering Debit, Credit Payments
Russia Could Prevent Crypto Buys by Hindering Debit, Credit Payments
December 27, 2021  |  Cryptocurrency

To prevent people from investing in cryptocurrencies, the Central Bank of Russia is considering restricting the use of debit and credit cards at crypto exchanges,...

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Over 10% Of Credit and Debit Card Users Experienced Fraud in the Last 12 Months
Over 10% Of Credit and Debit Card Users Experienced Fraud in the Last 12 Months
December 24, 2021  |  Security & Fraud

Credit and debit card users are experiencing significant levels of fraud. Eleven percent of consumers reported an incident of fraud in connection with their digital debit...

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Banks Seek AI Platforms-as-a-Service Amid Ever-Increasing Risk
Banks Seek AI Platforms-as-a-Service Amid Ever-Increasing Risk
December 23, 2021  |  Artificial Intelligence

Sudhir Jha, senior vice president and head of Mastercard’s Brighterion unit, told Karen Webster in the most recent On the Agenda discussion that artificial intelligence...

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Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020
December 22, 2021  |  Consumer Payments

In a report released Wednesday (Dec. 22), the Federal Reserve said that payment behavior saw a massive, pandemic-driven shift in 2020. Get the Full Story...

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PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
PayCargo Capital, Evolve Bank & Trust Offer Funding to Freight Forwarders, Cargo Owners
December 22, 2021  |  Transportation

PayCargo Capital has partnered on lending with FinTech Evolve Bank and Trust to allow freight forwarders and cargo owners to apply for and get credit...

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Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
Buy Now, Pay Later Boom Shows Business Value of Giving Customers a Second Chance
December 21, 2021  |  Buy Now Pay Later

Roughly one-quarter of Americans making anywhere from $50,000 to more than $100,000 per year have found themselves cut off from traditional credit due to past...

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FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
FinTech OppFi Names Ex-Kiva Chief Neville Crawley as New CEO
December 20, 2021  |  Personnel

OppFi, a FinTech that powers banks to broaden credit access, announced Monday (Dec. 20) that effective Dec. 31, company president Neville Crawley will succeed Jared...

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Equifax to Include BNPL Plans in Credit Reports
Equifax to Include BNPL Plans in Credit Reports
December 19, 2021  |  Buy Now Pay Later

Credit reporting agency Equifax is putting a plan in place next year to add buy now, pay later (BNPL) plans to credit reports, which hasn’t...

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Why Some People’s Credit Scores Spiked During COVID
Why Some People’s Credit Scores Spiked During COVID
December 16, 2021  |  Consumer Finance

The early months of the pandemic saw businesses close their doors, putting millions of people out of work. At the same time, there was a...

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