Debit card

Steady Upward Trajectory: China Social Commerce Sector to Achieve $765.61 Billion and a CAGR of 11.6% by 2028

Retrieved on: 
Friday, September 1, 2023
Transfer, Tier 2 capital, Wire, Heart, C2C, Beauty, Operational definition, Social commerce, City, Consumer, Domestic, Personal care, Compound annual growth rate, Performance indicator, Credit card, Forecasting, Prepaid card, Debit card, Performance, Growth, Digital, Travel, Clothing, GMV, E-commerce, KPI-driven code analysis, Food, Retail, Online shopping, Marketing, Hospitality, Electronics

China's dynamic social commerce industry is on an upward trajectory, with the sector expected to grow by 11.4% annually to reach an impressive US$442.64 billion in 2023.

Key Points: 
  • China's dynamic social commerce industry is on an upward trajectory, with the sector expected to grow by 11.4% annually to reach an impressive US$442.64 billion in 2023.
  • A steady growth pattern is predicted to continue, with a projected Compound Annual Growth Rate (CAGR) of 11.6% during the period of 2023 to 2028.
  • The social commerce Gross Merchandise Value (GMV) is set to soar from US$442.64 billion in 2023 to a staggering US$765.61 billion by 2028.
  • Platforms: Analyzing market size and forecast for platforms like Video Commerce, Social Network-Led Commerce, Social Reselling, Group Buying, and Product Review Platforms (2019-2028).

Bottomline Launches Fraud Prevention for Payers

Retrieved on: 
Monday, July 17, 2023
Riau rupiah, Community of practice, Risk, Direct debit, Debit card, Fraud, Cryptocurrency

Payer Name Verification is an expansion of Pay.UK’s Confirmation of Payee (CoP) name-checking service for UK-based payments, which launched in 2020.

Key Points: 
  • Payer Name Verification is an expansion of Pay.UK’s Confirmation of Payee (CoP) name-checking service for UK-based payments, which launched in 2020.
  • The CoP service has been successfully implemented by over 80 UK banks, building societies and other payment service providers (PSPs).
  • “Payer Name Verification extends Bottomline’s longstanding, culturally solid commitment to helping businesses fight threats on all fronts to a critical piece of the crime equation for Direct Debits,” said Omri Kletter, VP, Fraud & Financial Crime, Bottomline.
  • “Introducing the same real-time fraud prevention service for payers is another assertive step forward in our global fight against fraud,” stated Kletter.

Square Unveils Square Credit Card and New Cash Flow Management Products in Beta as Banking Adoption Grows

Retrieved on: 
Wednesday, June 28, 2023
Technology, Payments, Finance, Fintech, Banking, Professional Services, Software, Small Business, Retail, Online Retail, Small business, American Express, Multimedia, ACH, Penn Square Bank, Square (financial services), Credit card, Debit card, Growth, Online shopping, Bank, Square

Square today announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances.

Key Points: 
  • Square today announced the beta launch of new banking and spend management solutions for its U.S. sellers, including new credit tools and features that help businesses simplify their cash flow management and consolidate their finances.
  • With no late fees or annual fees, the Square Credit Card features a credit limit determined by the sales a seller processes through Square, growing as their business grows, and rewards them with free card processing every time they spend.
  • Square is also broadening the functionality of its popular Square Loans product.
  • Since these products entered beta, 25% of Credit Card spend and 30% of originations from loans with fixed monthly payments have come from upmarket sellers².

Sendwave Announces Sendwave Pay for US Customers

Retrieved on: 
Tuesday, June 27, 2023
Neobank, Heart, Maintenance, FDIC, Android, IOS, Visa, Debit card, Bank, Financial services, WorldRemit

BOSTON, June 27, 2023 /PRNewswire/ -- Today, Sendwave, the remittance brand making sending money across borders easy and affordable, announces Sendwave Pay. Sendwave Pay is a banking product available to select Sendwave customers based in the United States.

Key Points: 
  • Sendwave Pay is a banking product available to select Sendwave customers based in the United States.
  • Sendwave Pay provides existing Sendwave users access to a FDIC-insured bank account* with an accompanying debit card.
  • Sendwave Pay provides an opportunity for our customers to build cross-border wealth and recognizes the demand for a product that better serves customers' needs than a standard bank account.
  • Sendwave Pay is the first neobank offering within Zepz, the Group powering global remittance brands Sendwave and WorldRemit.

Sendwave Announces Sendwave Pay for US Customers

Retrieved on: 
Tuesday, June 27, 2023
Neobank, Heart, Maintenance, FDIC, Android, IOS, Visa, Debit card, Bank, Financial services, WorldRemit

BOSTON, June 27, 2023 /PRNewswire/ -- Today, Sendwave, the remittance brand making sending money across borders easy and affordable, announces Sendwave Pay. Sendwave Pay is a banking product available to select Sendwave customers based in the United States.

Key Points: 
  • Sendwave Pay is a banking product available to select Sendwave customers based in the United States.
  • Sendwave Pay provides existing Sendwave users access to a FDIC-insured bank account* with an accompanying debit card.
  • Sendwave Pay provides an opportunity for our customers to build cross-border wealth and recognizes the demand for a product that better serves customers' needs than a standard bank account.
  • Sendwave Pay is the first neobank offering within Zepz, the Group powering global remittance brands Sendwave and WorldRemit.

Fierce Chooses Paxos to Power Digital Asset Buy, Sell & Hold Capabilities

Retrieved on: 
Thursday, May 4, 2023
Bitcoin, Ethereum, Fintech, Blockchain, Partnership, BTC, API, ETF, FDIC, ETH, Debit card, Cryptocurrency, Fierce, Paxos

Paxos crypto brokerage is a regulated blockchain infrastructure product that includes qualified custody, licensing and trading capabilities.

Key Points: 
  • Paxos crypto brokerage is a regulated blockchain infrastructure product that includes qualified custody, licensing and trading capabilities.
  • Trusted by the world's leading financial services companies, Paxos crypto brokerage empowers enterprises to safely enable their users to engage with and benefit from the digital asset ecosystem.
  • Michael Coscetta, Chief Revenue Officer of Paxos, commented, "Global leaders in financial services use Paxos' platform and APIs to build their blockchain and digital asset solutions.
  • Paxos and Fierce intend to further collaborate to offer users access to additional cryptocurrencies and real-world assets, such as tokenized gold."

MidFirst Bank Recognized for $400K Donation by Virginia G. Piper Cancer Center

Retrieved on: 
Thursday, April 27, 2023
Oncology, Partnership, Pink, Housing, Research, Gold, Patient, MidFirst Bank, Debit card, HonorHealth Scottsdale Osborn Medical Center, Breast cancer, Financial services, Hospital

SCOTTSDALE, Ariz., April 27, 2023 /PRNewswire/ -- MidFirst Bank, the largest privately owned bank in the nation, is proud to announce that its Pink Visa® Debit Card program has raised more than $400,000 for breast cancer support and research for the Virginia G. Piper Cancer Center. Leaders from Virginia G. Piper Cancer Center have forever commemorated this achievement with the dedication of the registration wall in honor of MidFirst Bank's support. The gesture is a testament to the generosity of MidFirst Bank customers and an expression of continued collaboration for years to come.

Key Points: 
  • Leaders from Virginia G. Piper Cancer Center have forever commemorated this achievement with the dedication of the registration wall in honor of MidFirst Bank's support.
  • Its Arizona proceeds benefit the Virginia G. Piper Cancer Center at HonorHealth, and the Oklahoma proceeds benefit local breast cancer nonprofit organizations.
  • HonorHealth Foundation unveiled the dedicated MidFirst Bank wall in the first-floor lobby registration area of the Virginia G. Piper Cancer Center before a roomful of community members, staff and patients.
  • "The MidFirst Pink Card funds continue to be a wonderful resource for the Oncology social work team," said Sandy Marken-George, network director of Oncology Outpatient Operations at Virginia G. Piper Cancer Center.

Payment Processing Solutions Market Analysis Report 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 13, 2023
Technology, Electronic Commerce, Professional Services, Finance, Hospitality, Payment, COVID-19, Growth, Partnership, Credit card, USD, Internet, Debit card, Online shopping

The "Payment Processing Solutions Market Size, Share & Trends Analysis Report By Payment Method (Credit Card, Debit Card, E-wallet), By End-use (Hospitality, Retail), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Payment Processing Solutions Market Size, Share & Trends Analysis Report By Payment Method (Credit Card, Debit Card, E-wallet), By End-use (Hospitality, Retail), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global payment processing solutions market size is expected to reach USD 139.90 billion by 2030, registering a CAGR of 14.5% from 2023 to 2030.
  • With such cashless economy initiatives, the adoption of digital payments has increased, which has created a demand for payment processing solutions.
  • This, in turn, is expected to fuel the adoption of payment processing solutions in the retail end-use industry

Need to Borrow Money? Check Out These Alternatives to Credit Cards

Retrieved on: 
Tuesday, March 14, 2023
Professional Services, Other Consumer, Consumer, Finance, Banking, Personal Finance, Pal Maliga, Payment card, Credit card, Debit card, Prosper, Online shopping, Credit, Bank

But for some a credit card may not be an option, leaving them to find alternative financial solutions.

Key Points: 
  • But for some a credit card may not be an option, leaving them to find alternative financial solutions.
  • “There are several solutions available for anyone who needs cash but doesn’t want to, or can’t, use credit cards.”
    Maliga explains five credit card alternatives:
    Debit Card.
  • If you have bad or no credit, a secured credit card is a good alternative to rebuild your credit.
  • To find additional resources on credit cards and paying off debt, explore Take Charge America’s Budget Tools .

Stessa Surpasses $100 Billion in Assets Tracked, Launches Stessa Pro

Retrieved on: 
Thursday, March 9, 2023
FDIC, Tax, Schedule, APY, Debit card, Machine learning, Visa, Public expenditure, Automation, Book, Real estate owned, Cryptocurrency, Real estate, Bank, Stessa spiaggia, stesso mare, Roofstock

OAKLAND, Calif., March 9, 2023 /PRNewswire/ -- Stessa, a Roofstock subsidiary and leading software solution to help landlords optimize and better manage their rental property portfolios, has surpassed $100 billion in total asset value tracked on the platform with over 190,000 investors using Stessa to manage more than 800,000 units. As the robust finance platform continues to grow, exceeding $1 billion in assets added each month, Stessa will now offer customers the option to upgrade to Stessa Pro to access new and advanced tools purpose-built for real estate investors.

Key Points: 
  • As the robust finance platform continues to grow, exceeding $1 billion in assets added each month, Stessa will now offer customers the option to upgrade to Stessa Pro to access new and advanced tools purpose-built for real estate investors.
  • Available now, Stessa Pro is a paid subscription starting at $16 per month that provides even more automation and integrated tools.
  • By harnessing the power of machine learning and automation, Stessa Pro software reads, categorizes, and organizes, accurately recording deductions in nearly real-time.
  • Stessa Pro members can further streamline portfolios and increase returns with a high-yield checking account through Stessa Cash Management.