debit

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

Source: en.wikipedia.org

Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter

Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
April 24, 2025  |  Earnings

Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending...

READ MORE >
The Next Frontier of Crypto Payments Is Already in Your Pocket
The Next Frontier of Crypto Payments Is Already in Your Pocket
April 16, 2025  |  Cryptocurrency

For years, the cryptocurrency space has battled allegations that its ecosystem can come across as abstract and inaccessible to the everyday end-user. Get the Full...

READ MORE >
Citi’s Services Segment Hits Decade-High as Bank Bets on Digital
Citi’s Services Segment Hits Decade-High as Bank Bets on Digital
April 15, 2025  |  Earnings

Turmoil can be challenging for everyday consumers but offer the sophisticated investor opportunity. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Bank of America CEO: ‘Consumers Are Still Solidly in the Game’
Bank of America CEO: ‘Consumers Are Still Solidly in the Game’
April 15, 2025  |  Earnings

Consumers are still spending, Bank of America’s earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.”  ...

READ MORE >
Convenience Drives Digital Wallet Use for More Than Half of Consumers
Convenience Drives Digital Wallet Use for More Than Half of Consumers
April 14, 2025  |  Digital Payments

Budget-conscious consumers reach for debit cards to maintain financial discipline, while the allure of rewards continues to fuel credit card use. Get the Full Story...

READ MORE >
JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
JPMorgan Credit and Debit Volumes Slow as Reserve for Card Losses Grows
April 11, 2025  |  Earnings

For J.P. Morgan, caution abounds as the bank increased loan loss provisions, designed to cover possible loan losses amid economic turbulence. Get the Full Story...

READ MORE >
Branch Adds ‘Full-Service Paycard’ to Workforce Payments Platform
Branch Adds ‘Full-Service Paycard’ to Workforce Payments Platform
April 10, 2025  |  B2B Payments

Branch added a “full-service paycard” to its workforce payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Mastercard and Kraken Team to Promote Crypto Payments in the EU and UK
Mastercard and Kraken Team to Promote Crypto Payments in the EU and UK
April 09, 2025  |  Cryptocurrency

Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
April 08, 2025  |  Fraud Prevention

PYMNTS Intelligence data has detailed the continuing appeal of debit cards as preference for everyday spending, prized for convenience and as a way to spend...

READ MORE >