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)

Deep Dive: How Community Banks And Credit Unions Can Boost Financial Inclusion With Debit Products
Deep Dive: How Community Banks And Credit Unions Can Boost Financial Inclusion With Debit Products
July 28, 2021  |  Next-Gen Debit

The U.S. economy has gone digital. Consumers have transitioned to purchasing nearly every type of product online since March 2020, and they show no signs...

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Commonwealth National Bank On Tapping Payment Tools To Bring Underbanked And Unbanked Consumers Into The Financial Fold
Commonwealth National Bank On Tapping Payment Tools To Bring Underbanked And Unbanked Consumers Into The...
July 27, 2021  |  Next-Gen Debit

Only 7 million Americans have no connection to a financial institution but that’s 7 million people who are locked out of the financial services and...

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Report: Prepaid Debit Cards Seen As Safe, Simple Way To Bank Unbanked Americans
Report: Prepaid Debit Cards Seen As Safe, Simple Way To Bank Unbanked Americans
July 26, 2021  |  Next-Gen Debit

Access to financial services is a constant struggle for millions of Americans, with more than 6 percent of American households remaining unbanked and nearly 19...

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PSCU Expands Greylock Partnership To Add Debit Processing Support
PSCU Expands Greylock Partnership To Add Debit Processing Support
July 22, 2021  |  Credit Unions

PSCU, the credit union service organization (CUSO), has expanded its partnership with Greylock Credit Union, and will now provide debit processing support in addition to...

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JPMorgan Credit Card Sales Volume Surges 45 Percent, Active Mobile Customers Rise 10 Percent 
JPMorgan Credit Card Sales Volume Surges 45 Percent, Active Mobile Customers Rise 10 Percent 
July 13, 2021  |  Earnings

J.P. Morgan Chase posted second-quarter results that showed continued gains in credit and debit card spending, at a time when consumers paid down card debt...

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Credit Sesame Gives Cash Customers Debit Cards To Build Credit
Credit Sesame Gives Cash Customers Debit Cards To Build Credit
June 30, 2021  |  Financial Inclusion

Credit Sesame‘s new tech will allow customers to use the money they have to establish and build credit more easily, a press release says. The...

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Visa Acquiring Swedish Open Banking Platform Tink For $2.1B
Visa Acquiring Swedish Open Banking Platform Tink For $2.1B
June 24, 2021  |  Partnerships / Acquisitions

Visa is acquiring the Swedish open banking platform Tink for $2.1 billion after backing out of a $3.5 billion deal to buy the Silicon Valley...

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Bitcoin Daily: Bakkt Holdings Debuts Crypto Debit Card; PayPal, Visa Join Up With Blockchain Capital VC
Bitcoin Daily: Bakkt Holdings Debuts Crypto Debit Card; PayPal, Visa Join Up With Blockchain Capital...
June 22, 2021  |  Bitcoin

Digital asset marketplace Bakkt Holdings has rolled out a new card intended to help people use digital currency to purchase everyday items, according to a...

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Mobile Wallets Closing In On Credit Cards Among Highly Connected Consumers   
Mobile Wallets Closing In On Credit Cards Among Highly Connected Consumers   
June 22, 2021  |  Mobile Wallets

Mobile wallets have an excellent track record for generating a lot of hype in the payments ecosystem, but their pre-pandemic track record for use and...

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