Credit card

Zeta Powers Sparrow’s Industry-leading Credit Card for the Underserved

Retrieved on: 
Thursday, March 7, 2024

Zeta, a leading provider of next-gen card processing solutions to banks and credit unions, is proud to announce its partnership with Sparrow Financial to power the most modern credit card program in existence for non-prime customers.

Key Points: 
  • Zeta, a leading provider of next-gen card processing solutions to banks and credit unions, is proud to announce its partnership with Sparrow Financial to power the most modern credit card program in existence for non-prime customers.
  • Sparrow is founded by industry veterans - Evan Feldman and Lisa Sturm - who have spent 30+ years building and managing large-scale credit card portfolios.
  • They embarked on a quest for a modern card processing solution to launch a differentiated card program for underserved Americans.
  • This achievement has been made possible through the next-gen capabilities and integrated stack of Zeta.”
    The Sparrow credit card went live in October 2023, leveraging Zeta for card processing, mobile app, servicing, and advanced data & analytics capabilities.

AffiniPay to Launch MyCase Smart Spend, Powered by LawPay Visa Credit Card, First Business Credit Card and Spend Management Offering for the Legal Industry

Retrieved on: 
Wednesday, February 28, 2024

MyCase Smart Spend will be powered by a new LawPay Visa SMB Credit Card embedded directly within the MyCase platform.

Key Points: 
  • MyCase Smart Spend will be powered by a new LawPay Visa SMB Credit Card embedded directly within the MyCase platform.
  • “We are so excited to officially announce MyCase Smart Spend.
  • MyCase Smart Spend will allow legal professionals to make purchases, set spend limits, capture receipts, get real-time insights into firm spending, and seamlessly add reimbursable expenses to client invoices.
  • By partnering with Marqeta, MyCase Smart Spend users will have access to real-time card issuing, transaction data, and spend controls for their credit card offering to help stay on top of business expenses and access capital more easily.

Surging Personal Loans Spotlight Need for Greater Financial Literacy in America

Retrieved on: 
Wednesday, March 6, 2024

GLENDALE, Calif., March 6, 2024 /PRNewswire-PRWeb/ -- Personal loans have become increasingly popular in the U.S., serving purposes such as debt consolidation, housing, and education. With personal loans hitting record highs, it's fascinating to observe the diverse participation across generations, from the highest average balance of $21,644 for Gen X to the more modest $7,684 among Gen Z.

Key Points: 
  • GLENDALE, Calif., March 6, 2024 /PRNewswire-PRWeb/ -- Personal loans have become increasingly popular in the U.S., serving purposes such as debt consolidation, housing, and education.
  • Market research indicates the personal loans market was worth $80.41 billion in 2022.
  • The total balance of personal loans in America jumped by 54% to $241 billion by the end of December 2023 since 2019, before the pandemic.
  • Despite being one of the most advanced countries in the financial sector, the U.S. could fare better in financial literacy.

Young adults are prime targets for fraud on social media, but many are too embarrassed to admit they've been a victim of a scam: TD Survey

Retrieved on: 
Wednesday, February 28, 2024

As young adults navigate how to manage their finances, many are also finding themselves grappling with heightened concerns regarding financial fraud.

Key Points: 
  • As young adults navigate how to manage their finances, many are also finding themselves grappling with heightened concerns regarding financial fraud.
  • "As financial fraud schemes become more sophisticated and difficult to detect, falling victim is nothing to be embarrassed about.
  • Instead, it's important to remain hyperaware of potential threats and arm yourself with the knowledge to protect yourself from future fraud attempts."
  • TD Voiceprint: TD VoicePrint™ is a voice authentication technology that allows TD to verify who you are based on your voice.

VantageScore CreditGauge™ January 2024: Consumer Credit Delinquencies Climbed in January as More Consumers Dropped to VantageScore Subprime Credit Tier

Retrieved on: 
Tuesday, February 27, 2024

In January, delinquencies spiked to the highest level in nearly four years as some consumers dropped out of the VantageScore Prime credit tier into VantageScore Subprime due to inflation-induced economic stress.

Key Points: 
  • In January, delinquencies spiked to the highest level in nearly four years as some consumers dropped out of the VantageScore Prime credit tier into VantageScore Subprime due to inflation-induced economic stress.
  • In contrast, some consumers moved up from the VantageScore Prime credit tier to VantageScore Superprime, an indication of two very different consumer segments.
  • VANTAGESCORE PRIME CREDIT TIER SHRANK – In January, there was a 1% decline in the VantageScore Prime credit tier as consumers migrated to both Superprime (+0.7%) and Subprime (+0.3%) tiers.
  • On the other hand, consumers with lower VantageScore credit scores remained stressed as the VantageScore Subprime credit tier grew.

New digital benchmarking research identifies Citi, Chase, Bank of America and U.S. Bank as top for credit card digital experience

Retrieved on: 
Wednesday, February 21, 2024

The research finds that websites generally outscore mobile apps in terms of functionality, with many apps underperforming in key areas like account information, rewards and support.

Key Points: 
  • The research finds that websites generally outscore mobile apps in terms of functionality, with many apps underperforming in key areas like account information, rewards and support.
  • "In a very competitive field, Citi is the leader in website experience, with Bank of America and Chase taking second and third, respectively," says Olivia Jack, Credit Card Research Manager at Corporate Insight.
  • As part of the Credit Card Experience Benchmarks, CI surveyed over 3,300 consumers in October 2023 to understand how they use card digital platforms.
  • "Card mobile apps often lack capabilities that are available on desktop sites," says Julianna Sansevero, Senior Analyst at Corporate Insight.

Anywhere Names Tech and Financial Services Innovator Rudy Wolfs Chief Technology Officer

Retrieved on: 
Monday, February 12, 2024

MADISON, N.J., Feb. 12, 2024 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate, today announced the appointment of technology leader Rudy Wolfs as Chief Technology Officer, effective February 22, 2024.

Key Points: 
  • MADISON, N.J., Feb. 12, 2024 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate, today announced the appointment of technology leader Rudy Wolfs as Chief Technology Officer, effective February 22, 2024.
  • Wolfs brings deep technology expertise in data, engineering, and product and systems development, serving in senior roles at highly complex financial services firms as well as founding and leading multiple start-up companies to acquisition.
  • In his new role leading the company's product and technology strategy, Wolfs will report to Anywhere president and CEO Ryan Schneider and serve on the company's executive committee.
  • Previously, he spent nearly a decade at Capital One, serving in senior transformational technology roles, including as Chief Information Officer (CIO) for Credit Cards and Small Business.

RevSpring Announces Its Credit Card EMV Device Integration is First Application in Epic Toolbox

Retrieved on: 
Tuesday, February 6, 2024

NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire-PRWeb/ -- RevSpring, the leading provider of healthcare engagement and payment solutions, announced today its Credit Card EMV Device Integration has been listed in Epic's Toolbox for payment device integrations. The Toolbox designation indicates an integration that follows Epic's established recommended practices in a given category.

Key Points: 
  • NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire-PRWeb/ -- RevSpring , the leading provider of healthcare engagement and payment solutions, announced today its Credit Card EMV Device Integration has been listed in Epic's Toolbox for payment device integrations.
  • The Toolbox designation indicates an integration that follows Epic's established recommended practices in a given category.
  • RevSpring's Credit Card EMV Device Integration provides a secure and flexible point of service and back-office payment processing solution that seamlessly embeds into Epic.
  • In addition to the Credit Card EMV Device Integration, RevSpring has a wide range of RevSpring applications listed in Connection Hub that are designed specifically to effectively engage patients and empower staff to securely make payments.

SOUTHWEST AIRLINES PLANS CUSTOMER EXPERIENCE ENHANCEMENTS AND MODERNIZATION OF BRAND ELEMENTS WITH A REDESIGNED CABIN, NEW SEATS, AND A UNIFORM REFRESH

Retrieved on: 
Friday, February 2, 2024

Alongside these efforts, Southwest announces an Employee uniform refresh that will bring a modern look to more than 53,000 Southwest Employees.

Key Points: 
  • Alongside these efforts, Southwest announces an Employee uniform refresh that will bring a modern look to more than 53,000 Southwest Employees.
  • "Southwest flies above our competition with industry-leading flexibility and our legendary Hospitality," said Tony Roach , Senior Vice President and Chief Customer Officer at Southwest Airlines.
  • "Our redesigned cabin interior significantly enhances our inflight Customer experience and will complement the amazing service that our Crews provide."
  • "Our new seat will be a great addition to the Southwest Customer Experience, as its durable design and comfort features will serve Passengers well."

Ahead of Groundhog Day, LendingTree Introduces Spring: A Fresh New App Where Smart Money Habits Take Root

Retrieved on: 
Thursday, February 1, 2024

To celebrate the launch of Spring, LendingTree has been named the Official Spring Sponsor of Groundhog Day.

Key Points: 
  • To celebrate the launch of Spring, LendingTree has been named the Official Spring Sponsor of Groundhog Day.
  • America's favorite groundhog, Punxsutawney Phil, can rest easy today knowing that Spring is already here thanks to LendingTree.
  • "We're thrilled to introduce the next evolution of LendingTree with LendingTree Spring," said Doug Lebda, founder and CEO of LendingTree.
  • We've re-platformed the existing LendingTree app experience, streamlining our ability to deeply engage with and understand our customers.