Debits and credits

CPI Card Group Inc. To Release Second Quarter and First Half 2020 Results on August 5, 2020

Friday, July 31, 2020 - 9:46pm

CPI Card Group Inc. (OTCQX: PMTS) (TSX: PMTS) (CPI Card Group or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will issue a press release reporting financial results for the second quarter and first half of 2020 before the market opens on August 5, 2020.

Key Points: 
  • CPI Card Group Inc. (OTCQX: PMTS) (TSX: PMTS) (CPI Card Group or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced it will issue a press release reporting financial results for the second quarter and first half of 2020 before the market opens on August 5, 2020.
  • Consistent with the release of earnings for the first quarter 2020 results, the Company plans to provide written commentary regarding its quarterly performance and other business matters in lieu of an earnings call.
  • The earnings press release and additional written commentary will be made available at http://investor.cpicardgroup.com .
  • 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.

Center Improves Accounting Speed and Accuracy with Launch of New Credit Card Program and QuickBooks Integration

Thursday, July 30, 2020 - 2:00pm

As part of Center's complete real-time expense management solution, these new features enable finance teams to access working capital, speed up expense deployments, and improve accounting accuracy.

Key Points: 
  • As part of Center's complete real-time expense management solution, these new features enable finance teams to access working capital, speed up expense deployments, and improve accounting accuracy.
  • The Center Corporate Credit Card program, issued by Comdata, Inc., comes bundled with the powerful Center Expense software, which helps businesses manage and track spend from the point of purchase through review, approval, and reporting.
  • Direct integration with Center Expense software for seamless reconciliation of card expenses to save accounting time and improve accuracy.
  • For more information on the new credit offering, QuickBooks Online integration or to request a demo, visit getcenter.com .

 Intuit Introduces QuickBooks Cash, a New Business Bank Account With a 1% High-Yield Interest Rate

Wednesday, July 29, 2020 - 1:00pm

The QuickBooks Cash business bank account with debit card2 adds banking capabilities to QuickBooks robust business offerings.

Key Points: 
  • The QuickBooks Cash business bank account with debit card2 adds banking capabilities to QuickBooks robust business offerings.
  • QuickBooks Cash: A business bank account that allows small businesses to fully manage their finances, access their cash and earn interest.
  • QuickBooks Debit Card: A physical debit card that enables a small business to spend from its QuickBooks Cash balance.
  • It reconciles seamlessly with QuickBooks and is linked to the QuickBooks Cash business bank account.

Dave Announces Exclusive Partnership With Mastercard and Roll-Out of Dave Banking to Its 7MM Customers

Thursday, July 23, 2020 - 9:06pm

In May 2020, Dave began a limited, early release roll-out of Dave Banking: an app-based spending account and Mastercard debit card with no hidden fees and no minimum balance, available only to Dave customers.

Key Points: 
  • In May 2020, Dave began a limited, early release roll-out of Dave Banking: an app-based spending account and Mastercard debit card with no hidden fees and no minimum balance, available only to Dave customers.
  • Through a partnership with LevelCredit, Dave Banking customers can also build credit by reporting on-time rent and utility payments to the credit bureaus.
  • Side Hustle: Dave has an exclusive job-finding tool called Side Hustle to help customers find side income opportunities like dog walking and tutoring.
  • On average 500k customers per quarter apply for jobs through Dave, collectively earning more than $70mm since launching in 2019.

Bank of Canada Study Finds Canadians Not Going Cashless

Monday, July 13, 2020 - 2:30pm

The study found that cash in circulation in Canada grew sharply in March and April 2020, and the increase was large in both absolute dollars and percentages compared with historical experience.

Key Points: 
  • The study found that cash in circulation in Canada grew sharply in March and April 2020, and the increase was large in both absolute dollars and percentages compared with historical experience.
  • In addition, the study noted that Canadians continued to have good access to cash, were generally (but not universally) able to use cash at merchants and increased their cash holdings somewhat during the pandemic.
  • Specifically, the study found that 36% of Canadians reported using cash for payment over the past week.
  • About the same number of Canadians (38%) used e-transfers, but a majority continued to use their debit(52%) or credit card (62%).

Ternio BlockCard Rated Top Crypto Debit Card by CryptoCurrencyCard.org

Tuesday, June 30, 2020 - 8:45pm

As a go-to source for professional reviews on the latest in prepaid, debit, and credit cards that support cryptocurrency, the CryptoCurrencyCard.org team provides deep insight and knowledge into how the emerging crypto card sector rapidly evolves.

Key Points: 
  • As a go-to source for professional reviews on the latest in prepaid, debit, and credit cards that support cryptocurrency, the CryptoCurrencyCard.org team provides deep insight and knowledge into how the emerging crypto card sector rapidly evolves.
  • Ternio CEO and Co-Founder, Daniel Gouldman had a one-on-one interview with the editorial team, sharing what can be expected from BlockCard in the future.
  • BlockCard also took the top spot for crypto debit cards on CryptoWisser.Co-Founder of CryptoWisser, Richard, said, "Our team at cryptowisser.com reviewed Ternio's BlockCard and was impressed with its features and functionality.
  • Today, the BlockCard debit card is the most efficient way to make a purchase with crypto or convert crypto to cash at ATMs.Within minutes a user can create a BlockCard account, deposit 12+ cryptocurrencies in 1 transaction, pass KYC, and immediately get a virtual card to use while a physical card is mailed to them.

Wealthfront Adds Debit Card And Checking Features To Its Cash Account

Monday, June 29, 2020 - 6:00pm

PALO ALTO, Calif., June 29, 2020 /PRNewswire/ -- Today, Wealthfront announced the addition of checking features to its Cash Account.

Key Points: 
  • PALO ALTO, Calif., June 29, 2020 /PRNewswire/ -- Today, Wealthfront announced the addition of checking features to its Cash Account.
  • A debit card can now be added to the Cash Account to make purchases and get cash from a nationwide network of fee-free ATMs.
  • Clients who are currently holding uninvested cash in their Wealthfront Cash Account can begin adding these features to their accounts today.
  • Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account.

2020 United States Debit Card Market Annual Data Review: The Role that ATMs have Played During the COVID-19 Pandemic

Thursday, June 18, 2020 - 12:00am

DUBLIN, June 17, 2020 /PRNewswire/ -- The "2020 Annual U.S. Debit Card Market Data Review" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, June 17, 2020 /PRNewswire/ -- The "2020 Annual U.S. Debit Card Market Data Review" report has been added to ResearchAndMarkets.com's offering.
  • Debit card activity in the United States was very brisk in 2019, posting strong growth, but the future growth of debit cards and how they will be used will change materially as the economy is altered by the impacts of the global novel coronavirus pandemic.
  • This latest research report, 2020 Annual U.S. Debit Card Market Data Review, presents data on how the market was progressing and what the future may hold for debit card issuers and cardholders.
  • Highlights of the report include:
    Review of debit card transaction and dollar volume growth trends in past years.

2020 Annual U.S. Debit Card Market Data Review: What the Future May Hold for Debit Card Issuers and Cardholders in the U.S. - ResearchAndMarkets.com

Friday, June 12, 2020 - 10:45am

The "2020 Annual U.S. Debit Card Market Data Review" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "2020 Annual U.S. Debit Card Market Data Review" report has been added to ResearchAndMarkets.com's offering.
  • This latest research report, 2020 Annual U.S. Debit Card Market Data Review, presents data on how the market was progressing and what the future may hold for debit card issuers and cardholders.
  • Highlights of the report include:
    Review of debit card transaction and dollar volume growth trends in past years.
  • Forecasts of debit growth through 2022 in light of a brisk U-shaped recovery or an extended recessionary period.

Airfield Supply Company, California's Largest Single-Site Dispensary, Introduces 100% Contactless Payment Solution with Treez Pay

Thursday, June 4, 2020 - 6:19pm

"With Treez Pay, encrypted and confidential customer banking details are not accessible by the dispensary or by Treez Pay as the system directly links to the customer's personal bank account.

Key Points: 
  • "With Treez Pay, encrypted and confidential customer banking details are not accessible by the dispensary or by Treez Pay as the system directly links to the customer's personal bank account.
  • One-time Treez Pay set-up is seamless, with a customer required to securely link to the bank account from which they wish to pay.
  • Treez Pay adds a small processing fee to transactions that is markedly less than ATM fees routinely applied to debit cards.
  • To further encourage customers to try Treez Pay for themselves, Airfield is offering a $5 Airfield rewards bonus to every client who signs up for the new contactless payment solution between today and July 3, 2020.