Visa

Introducing Cash Back to Crypto with the Venmo Credit Card

Retrieved on: 
Tuesday, August 10, 2021
Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Life, PayPal, Association, NMLS, Freedom, Visa Inc., Technology, Reward, SVP, Visa, Friends, Cashback, GM, SAN, Synchrony Financial, Commerce, Love, ID, Cryptocurrency, Payment card, Online shopping

SAN JOSE, Calif., Aug. 10, 2021 /PRNewswire/ --Venmo today announced Cash Back to Crypto, a new way for Venmo Credit Card customers to automatically purchase cryptocurrencyfrom their Venmo accountusing cash back earned from their card purchases.

Key Points: 
  • SAN JOSE, Calif., Aug. 10, 2021 /PRNewswire/ --Venmo today announced Cash Back to Crypto, a new way for Venmo Credit Card customers to automatically purchase cryptocurrencyfrom their Venmo accountusing cash back earned from their card purchases.
  • "The introduction of the Cash Back to Crypto featureforthe Venmo Credit Cardofferscustomersa newwayto start exploring the world of crypto, using their cash backearnedeach month to automatically and seamlessly purchase one of four cryptocurrencieson Venmo," saidDarrellEsch, SVP and GM, Venmo.
  • "We're excited to bring this new level of feature interconnectivityon the Venmo platform, linking our Venmo Credit Card andcryptoexperiencestoprovideanotherway forourcustomers tospend and manage their money with Venmo."
  • Cash Back to Crypto is rolling out to Venmo Credit Card customersbeginningtoday andwill be available to alleligibleVenmo Credit Cardholders in the coming weeks.

Facepay Adds New Customer Conversion Product Ahead of Credit Card Rate Increase

Retrieved on: 
Tuesday, August 10, 2021
Technology, Automotive, Finance, General Automotive, Security, Banking, Professional Services, Other Automotive, Software, Data Management, Newton, Steps, Inc., Research, Visa, Age-Related Payments Act 2004, Software, Technology, Innovation, Workflow, Mastercard, Online shopping, Mobile phone

announces a significant addition to its Relational Payments platform ahead of the credit card processor rate increase in 2022.

Key Points: 
  • announces a significant addition to its Relational Payments platform ahead of the credit card processor rate increase in 2022.
  • This new product allows auto shops to convert customers to direct bank payments ahead of next years rate increases.
  • Both major credit card companies, Visa and Mastercard, announced that both credit card interchange fees and card not present rates will increase in 2022 after a delay due to COVID ( announcement ).
  • The Facepay Relational Payments platform that helps business owners substantially increase profits by eliminating credit card processing (transaction) fees.

Productfy Selects Arroweye Solutions as Card Fulfillment Partner

Retrieved on: 
Monday, August 9, 2021
Growth, EMV, Mastercard, Solution, Visa, UnionPay, Time, Industry, Online shopping

HENDERSON, Nev., Aug. 9, 2021 /PRNewswire/ -- Productfy , a developer-first platform for building financial products, has selected Arroweye Solutions , the only provider of just-in-time payment cards, as its debit card production and fulfillment provider.

Key Points: 
  • HENDERSON, Nev., Aug. 9, 2021 /PRNewswire/ -- Productfy , a developer-first platform for building financial products, has selected Arroweye Solutions , the only provider of just-in-time payment cards, as its debit card production and fulfillment provider.
  • We decided to partner with Arroweye because they are the most nimble and flexible partner for our early-stage clients that are at the ground floor of financial product innovation," said Aaron Huang, Productfy's head of commercial.
  • "Productfy continues to offer value to early-stage fintechs through its new end-to-end card issuance program.
  • Arroweye Solutions is the only provider of just-in-time payments cards for banks, credit unions, neobanks and other fintech businesses.

eCapital Corp. Announces Collaboration with Visa® Delivering Commercial Credit Products to Freight Clientele

Retrieved on: 
Monday, August 9, 2021
Commercial finance, Technology, CEO, Industry, Multimedia, ACH, News, Method, Visa, Program, Company, Financial services

The eCapital platform provides clients with direct connections to the funds in their eCapital accounts and robust reporting to manage all Visa transactions.

Key Points: 
  • The eCapital platform provides clients with direct connections to the funds in their eCapital accounts and robust reporting to manage all Visa transactions.
  • Marius Silvasan, CEO of eCapital, commented on the news, "The new eCapital Visa Commercial Credit Card program and platform represents a paradigm shift in how capital is delivered to the industry.
  • The collaboration with Visa also includes Visa Direct[1], Visa's real-time push payments platform, that will allow eCapital to disburse approved funds in real time.
  • The eCapital Visa Commercial Credit Card will be phased into all existing freight clients over the course of the next several months, while new clients will be offered the program upon signing up with eCapital.

Alchemy Pay to Launch Virtual Crypto Mastercard and Visa Card Services

Retrieved on: 
Monday, August 9, 2021
Crypto, Adoption, Google, E-commerce, PayPal, Multimedia, Mastercard, EBay, View, Decentralized finance, Visa, Amazon, Alchemy, Research, Cryptocurrency, Online shopping

Development of Alchemy Pay's virtual card services has since been completed and is currently undergoing beta testing in multiple key markets.

Key Points: 
  • Development of Alchemy Pay's virtual card services has since been completed and is currently undergoing beta testing in multiple key markets.
  • The company expects the virtual card services to be fully launched at the end of 2021 or early 2022.
  • In an effort to further drive adoption rates, Alchemy Pay is looking to offer the virtual card services as a full suite white-label service to crypto projects and businesses as well as traditional institutions looking to integrate crypto-related solutions.
  • Alchemy Pay is the inventor of the world's first hybrid fiat and digital currency gateway solution for businesses and investors.

CAPEX.com Introduces StoX - 0 Commission and Unleveraged Fractional CFDs on Selected Shares

Retrieved on: 
Friday, August 6, 2021
Industry, Ali Baba, Investment, Communication, MetaTrader 4, Compliance, Microsoft, COVID-19, Contract for difference, Visa, Risk, Research, Goal, FSA

With that in mind, leading online broker CAPEX.com has launched a new product: StoX .

Key Points: 
  • With that in mind, leading online broker CAPEX.com has launched a new product: StoX .
  • Now, traders from around the world can enjoy no commissions, as well as unleveraged fractional CFDs on shares of top US-listed companies, such as Microsoft, Alibaba, Visa, Facebook, and others.
  • Established in 2016, CAPEX.com is a leader in the industry today, serving clients from all regions of the world.
  • Trading CFDs is highly speculative, involves significant risk of loss and is not suitable for all investors.

CPI Card Group Inc. to Release Second Quarter and First Half 2021 Results on August 12, 2021

Retrieved on: 
Friday, August 6, 2021
Professional Services, Technology, Other Technology, Finance, Software, Banking, Webcast, CPI, Solution, TSX, PCI, Software as a service, Visa, PMTS, Telephone, Financial services

CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (CPI Card Group), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Thursday, August 12, 2021 at 9:00 a.m. Eastern Time (ET) to discuss its second quarter and first half 2021 financial results.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (CPI Card Group), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will host a webcast and conference call on Thursday, August 12, 2021 at 9:00 a.m. Eastern Time (ET) to discuss its second quarter and first half 2021 financial results.
  • Participating on the call will be CPI Card Group President and Chief Executive Officer, Scott Scheirman, and Chief Financial Officer, John Lowe.
  • CPI Card Groups financial results for the second quarter and first half 2021 will be released before the markets open on August 12, 2021.
  • The press release and a slide presentation to accompany the earnings conference call will be available on the CPI Card Group investor website: http://investor.cpicardgroup.com .

Conduent Transportation Introduces Contactless Payment Across Public Transportation Network in Bergamo, Italy

Retrieved on: 
Wednesday, August 4, 2021
Mobile payments, Money, Contactless payment, EMV, Radio-frequency identification, Banking, Finance, Contactless, Automated fare collection

Nearly 600 contactless validators have been installed on all vehicles in the ATB and TEB network that serves a population of approximately 380,000 residents.

Key Points: 
  • Nearly 600 contactless validators have been installed on all vehicles in the ATB and TEB network that serves a population of approximately 380,000 residents.
  • Contactless payment demonstrates the ATB Groups continued push for innovation across our entire transportation network, said Gianni Scarfone, General Manager of ATB and CEO of TEB.
  • The introduction of contactless payment across the transportation network allows quick access and interoperability across all the modes of transportation, making this one of the leading networks in Europe.
  • Conduent Transportation is a leading provider of automated and analytics-based transportation solutions for government agencies.

US Mutual Funds Industry Report 2021: $21.3 Trillion in Total Net Assets - Market Forecasts to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 4, 2021
Professional Services, Finance, Finance, Mutual funds, Institutional investors, Investment, Exchange-traded fund, Active management

The "US Mutual Funds Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Mutual Funds Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • With a whopping USD 21.3 trillion in total Net assets, The United States mutual fund industry remained the largest in the world in 2019.
  • The majority of US mutual fund net assets at year-end 2020 were in long-term mutual funds, with equity funds alone making up 55.3 % of US mutual fund net assets.
  • With a few players holding a significant share, the US Mutual Funds Market has an observable level of consolidation.

CPI Card Group’s Common Stock to Trade on Nasdaq

Retrieved on: 
Wednesday, August 4, 2021
Banking, Professional Services, Finance, Finance, Money, Economy of New York City, Nasdaq, Payment, Economy, Credit cards

CPI Card Group Inc. (OTCQX: PMTS; TSX: PMTS) (CPI or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that The Nasdaq Stock Market LLC (Nasdaq) has approved CPIs application for the listing of CPIs common stock on The Nasdaq Global Market under the ticker symbol PMTS, effective with the opening of trading on August 5, 2021.

Key Points: 
  • CPI Card Group Inc. (OTCQX: PMTS; TSX: PMTS) (CPI or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that The Nasdaq Stock Market LLC (Nasdaq) has approved CPIs application for the listing of CPIs common stock on The Nasdaq Global Market under the ticker symbol PMTS, effective with the opening of trading on August 5, 2021.
  • Scott Scheirman, CPIs President and Chief Executive Officer, stated, We are excited to be trading on Nasdaq.
  • About CPI Card Group Inc.
    CPI Card Group is a payment technology company and leading provider of credit, debit and prepaid solutions delivered physically, digitally and on-demand.
  • CPI has more than 20 years of experience in the payments market and is a trusted partner to financial institutions and payments services providers.