The latest news about payments and digital payments trends, including mobile payments, contactless payments, real-time payments, and mobile wallets like Venmo and Zelle.
Fee-averse cardholders shift spending away from credit cards to debit cards and cash.
Can Banks Help Consumers Trapped In Vicious Cycle Of Payday Loans?
12 million Americans get a payday loan annually. The average "two week" loan is $375, but many are indebted for 5 months and cough up $520.
Is The Credit Card Game Getting Riskier?
People are taking on more credit card debt and delinquency rates are rising. Do financial marketers need to adjust their credit card offers?
Millennials After The Recession: Fewer Homes, Fewer Cars, Less Debt
After running up record debt, young adults shed substantially more debt than older adults during the Great Recession.
Will You Be Ready When Mobile Wallets Turn Banking Upside Down?
Mobile wallets and digital transactions signal the dawn of a new era in banking. What will marketing look like in a mobile-dominate world?
Capital One Rolls Out Innovative Rewards Program
Mastercard launched a rewards program to cater to customer's individuals needs, so they can rack up reward miles with travel expenses.
Prepaid Cards To Be Dispensed From ATMs Nationwide
Visa prepaid cards will be available at ATMs across the U.S., following a successful pilot test through Better ATM.
UK Consumers Not Ready To Forgo Cash, Even If They Hardly Use It
One in three Brits carry less than a fiver in cash, but a cashless society is not in the cards... at least not quite just yet.
Google Trends Reveal Banking Insights, Social Media Zeitgeist
Using Google Trends, bank and credit union marketers can find a wealth of information right at their fingertips.
Insights Into Prepaid Card Market Yield Competitive Ammo
A study analyzing 52 reloadable prepaid cards gives marketing ammo to banks and credit unions on either side of the game.
Cool Bank Microsite: ‘Card Artist’
A super slick microsite from Bank Audi gives customers cool design tools to customize their own credit and prepaid cards.
Credit Card Customers Happier With Fewer Changes
A report on current drivers of satisfaction with credit cards looks at everything from problem resolution and social media, to channel use and rewards programs.
PSCU First To Launch Prepaid EMV Cards
EMV cards for international travelers include tiny electromagnetic chips, but also carry the standard magnetic stripe for use in the U.S.
ASB Launches Mobile Facebook Payments
In the updated version of this New Zealand bank's mobile app, customers can now make P2P payments directly to their Facebook friends.
Six In Ten Adults Don’t Know Prepaid Debit Cards Have Fees
Even while prepaid debit cards grow in popularity, many U.S. adults admit they aren't familiar with the fees associated with using them.
Study Finds Prepaid Cards Could Replace Debit Cards
A study finds that about 50% of consumers say they are likely to use reloadable prepaid cards... and pay over $4 for the service.
BofA Chip-Embedded Credit Cards Simplify International Travel
Americans have been shocked when credit cards don't work in other countries, where EMV chip-and-PIN technology has been the norm for years.
Sears Financial Stops Charging Canadians Foreign Currency Fees
Canadians say paying fees to credit card companies for "foreign currency" transactions is annoying. Not anymore, with Sears Financial.
Definitions Unlocked: The Unbanked vs. The Superbanked
At the extremes of the retail banking spectrum, there are 12.2 million unbanked U.S. adults, and 11.3 million who are the "superbanked."
Card Swipes Score Cash For Texas Schools, Courtesy Of Credit Union
Schools earn 15 cents every time a Texas Trust Credit Union card is used to make a purchase. Cardholder transactions total $60,000.
LivingSocial Is First Social Media Site To Offer Its Own Credit Card
Most financial institutions wrestle with social media. Where do products fit in, and what's the ROI? Well here's a twist.
Survey Shows Americans Ready For Digital Wallets In A Cashless Society
Americans are ready to abandon cash and checks, as physical payment tools are viewed as frustrating and inconvenient. Is your bank ready?
Barclaycard Introduces First Crowdsourced Social Media Credit Card
Barclaycard Ring MasterCard empowers cardmembers who will share in profits by influencing card decisions through social media.
