Lithic has expanded its card issuing platform to enable FinTechs operating in the United States to issue cards on the American Express network. This addition unlocks a new network option for FinTechs looking to launch debit, credit and prepaid cards, Lithic said in a Wednesday...
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive monthly federal benefits. The U.S. Department of the Treasury’s Bureau of the Fiscal Service said...
Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and come with added capabilities to the company’s suite of money movement services. The card “will...
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand use of Rêv’s X World Wallet, the company said in a Wednesday (Nov. 1) news release....
May 23, 2025
Forget complicated finance jargon. Whether it’s giant bank JPMorganChase or financial technology startup Stripe, offering shoppers the right mix of credit and debit cards and knowing how they use them is the secret to boosting long-term profits. For companies that issue cards, it’s a constant battle to make sure each customer earns them the most […]
July 31, 2023
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC...
November 11, 2019
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is...
June 05, 2019
Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. The real...
May 14, 2025
Lithic has expanded its card issuing platform to enable FinTechs operating in the United States to issue cards on the American Express network. This addition unlocks a new network option for FinTechs looking to launch debit, credit and prepaid cards, Lithic said in a Wednesday (May 14) press release. “By empowering FinTechs to issue cards […]
November 21, 2024
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive...
September 09, 2024
Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and...
November 01, 2023
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand...