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

Bank Earnings May Highlight Volatile Consumer Spending
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024  |  Earnings

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...

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More Than 30% of Card Users Opt for Cash Back Rewards
More Than 30% of Card Users Opt for Cash Back Rewards
April 02, 2024  |  Loyalty & Rewards

While it’s common for businesses to foster customer loyalty by offering perks in exchange for purchases, cardholders have a certain degree of dissatisfaction with the...

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Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
Judge Sides With PayPal in CFPB Lawsuit Regarding Digital Wallets
April 01, 2024  |  Legal

PayPal won a legal victory against the U.S. consumer protection watchdog. According to court documents cited in a Friday (March 29) Law 360 report, U.S. District...

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As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
March 26, 2024  |  Digital Banking

As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an...

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Thredd Enters US Card Issuing Market With B4B Partnership
Thredd Enters US Card Issuing Market With B4B Partnership
March 19, 2024  |  Partnerships

Payments processor Thredd has entered the U.S. debit and prepaid card issuing market. The company announced this milestone Tuesday (March 19), saying it was happening...

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FIS and Stratyfy Team to Combat Card Fraud
FIS and Stratyfy Team to Combat Card Fraud
March 18, 2024  |  Partnerships

FIS joined forces with software firm Stratyfy to combat fraudulent card transactions. The collaboration employs the FIS SecurLOCK card fraud management solution to spot and prevent fraudulent transactions, according to...

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Alviere Debuts Merchant-Funded Rewards for Co-Branded Cards
Alviere Debuts Merchant-Funded Rewards for Co-Branded Cards
March 06, 2024  |  Loyalty & Rewards

Embedded finance platform provider Alviere is letting its clients expand their co-branded debit card incentives. The expansion allows customers to offer merchant-funded rewards, the company said in a...

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Mastercard to Launch New Open Banking-Powered Digital Account Opening Experience
Mastercard to Launch New Open Banking-Powered Digital Account Opening Experience
February 28, 2024  |  Digital Banking

Mastercard is preparing to launch a new digital account opening experience for select U.S. debit and prepaid products. The program will use open banking solutions...

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Western Union Expands Cross-Border Payments Partnership With Mercado Pago
Western Union Expands Cross-Border Payments Partnership With Mercado Pago
February 21, 2024  |  Partnerships

Western Union and Mercado Pago are extending their relationship and widening a cross-border payments channel between the United States, Canada and Mexico. U.S. and Canadian...

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