credit

Venmo Launches Credit Card Featuring User QR Codes
Venmo Launches Credit Card Featuring User QR Codes
October 05, 2020  |  Payment Methods

Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by...

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More Private Equity Managers Turning To NAV Credit Facilities
More Private Equity Managers Turning To NAV Credit Facilities
October 04, 2020  |  Investments

Private equity managers are turning to specialty borrowing facilities to make sure they can survive the coronavirus pandemic, the Financial Times (FT) reports, though this...

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Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
Goldman Sachs To Pay $2.5B For General Motors’ Credit Card Business
October 01, 2020  |  Partnerships / Acquisitions

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)’s credit card business, according to a report from The Wall Street Journal (WSJ)....

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Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools
Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools
October 01, 2020  |  Digital Payments

The great digital shift is transforming credit cards into money management tools. In an interview with Karen Webster, Jess Turner, EVP of products and innovation...

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Credit, Debit And The Credit Union Conundrum
Credit, Debit And The Credit Union Conundrum
September 30, 2020  |  Credit Unions

Close to half of the credit union (CU) executives surveyed by PYMNTS earlier in the year expected credit card processing revenues to outstrip debit in...

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Marqeta Introduces Tokenization-as-a-Service For Card Issuers
Marqeta Introduces Tokenization-as-a-Service For Card Issuers
September 29, 2020  |  Digital Payments

Marqeta, the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company...

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American Express, Amazon Roll Out UK Credit Card Aimed At SMBs
American Express, Amazon Roll Out UK Credit Card Aimed At SMBs
September 29, 2020  |  B2B Payments

American Express on Tuesday (Sept. 29) launched a co-branded credit card with Amazon, targeting small to medium-sized businesses (SMBs) in the U.K. “The cards offer...

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Propel, Barclays Team To Offer Asset Access For SMBs
Propel, Barclays Team To Offer Asset Access For SMBs
September 28, 2020  |  B2B Payments

Specialist asset finance provider Propel is working with Barclays to offer new access to assets for small- to medium-sized businesses (SMBs), according to a press...

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Finicity Unveils Loan Product To Streamline FI Credit Decisions
Finicity Unveils Loan Product To Streamline FI Credit Decisions
September 28, 2020  |  Loans

Finicity, a financial data provider, is rolling out a new program that will aid financial institutions (FIs) in their decision-making on credit issues. The “open...

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