Debit card

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

Retrieved on: 
Thursday, March 9, 2023

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.

Payment Processing Solutions Market Worth $139.90 Billion By 2030: Grand View Research, Inc.

Retrieved on: 
Tuesday, February 14, 2023

With such cashless economy initiatives, the adoption of digital payments has increased, which has created a demand for payment processing solutions.

Key Points: 
  • 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.
  • Read 120 page full market research report, " 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 ", published by Grand View Research.
  • Grand View Research has segmented the global payment processing solutions market based on payment method, end-use, and region:
    Payment Processing Solutions Market - Payment Method Outlook (Revenue, USD Billion, 2017 - 2030)

Payment Processing Solutions Market Worth $139.90 Billion By 2030: Grand View Research, Inc.

Retrieved on: 
Tuesday, February 14, 2023

With such cashless economy initiatives, the adoption of digital payments has increased, which has created a demand for payment processing solutions.

Key Points: 
  • 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.
  • Read 120 page full market research report, " 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 ", published by Grand View Research.
  • Grand View Research has segmented the global payment processing solutions market based on payment method, end-use, and region:
    Payment Processing Solutions Market - Payment Method Outlook (Revenue, USD Billion, 2017 - 2030)

BofA Data Finds that 2023 is off to a Strong Start for Consumer Spending, With Credit and Debit Card Spending Per Household up 5.1% Year-over-Year in January

Retrieved on: 
Friday, February 10, 2023

NEW YORK, Feb. 10, 2023 /PRNewswire/ -- Bank of America Institute released new analysis today which shows signs of a strengthening in consumer spending at the start of 2023. BofA credit and debit card spending per household rose 5.1% year-over-year (YoY) in January, compared to 2.2% YoY in December. While this increase includes the impact that the Omicron variant had on consumer spending in January 2022, a variety of factors are boosting the consumer this year:

Key Points: 
  • BofA credit and debit card spending per household rose 5.1% year-over-year (YoY) in January, compared to 2.2% YoY in December.
  • An 8.7% increase in social security payments came into effect in January, the largest increase in over 40 years.
  • The resilience of the labor market – evidenced by January's exceptionally strong non-farm payrolls report – underpins increased consumer spending throughout the month.
  • It seems unlikely, however, that a tipping point in spending will be reached in the near term.

Populus Financial Group and Netspend Raised Over $583,000 for NBCF During Annual Pink Campaign

Retrieved on: 
Tuesday, February 7, 2023

DALLAS, Feb. 7, 2023 /PRNewswire/ -- Populus Financial Group and Netspend® have announced a $583,838 donation to National Breast Cancer Foundation, Inc.® (NBCF).

Key Points: 
  • DALLAS, Feb. 7, 2023 /PRNewswire/ -- Populus Financial Group and Netspend® have announced a $583,838 donation to National Breast Cancer Foundation, Inc.® (NBCF).
  • Throughout the 16-year partnership, Populus Financial Group and Netspend have donated over $8 million to NBCF.
  • During Pink Month, our annual October in-store fundraiser, ACE locations across the country raised over $217,000 for NBCF.
  • As part of the Pink Campaign, each time a Flare Account® Pink Debit Card or Pink ACE Elite® Visa® Prepaid Debit Card is used, ACE and Netspend donate to NBCF1.

CLIMATE STARTUP FUTURE BECOMES FIRST TO PAY MEMBERS TO REDUCE CARBON EMISSIONS WITH FUTURECOINS™

Retrieved on: 
Thursday, February 2, 2023

SILVER SPRING, Md., Feb. 2, 2023 /PRNewswire/ -- Future, the fintech company that is revolutionizing the way we combat climate change, has announced the launch of its new rewards program, FutureCoins. This groundbreaking program allows consumers to earn money by reducing their carbon footprint, making it easier and more rewarding than ever before to make climate-friendly choices. FutureCoins will serve to disrupt carbon markets by paying people directly for carbon reductions.

Key Points: 
  • This groundbreaking program allows consumers to earn money by reducing their carbon footprint, making it easier and more rewarding than ever before to make climate-friendly choices.
  • FutureCoins will serve to disrupt carbon markets by paying people directly for carbon reductions.
  • "At Future, we are always looking for exciting ways to encourage climate-friendly consumption, and that began with offering generous cashback to our FutureCard members," explained Future Co-Founder and CEO, Jean-Louis Warnholz.
  • To celebrate the launch of FutureCoins, Future will be offering free electric vehicle charging today, February 2nd.

ONEUNITED BANK LAUNCHES EMPOWERMENT NETWORK

Retrieved on: 
Tuesday, January 24, 2023

LOS ANGELES, Jan. 24, 2023 /PRNewswire/ -- OneUnited Bank is proud to announce its new Empowerment Network, with more surcharge free ATMs than any other bank in the country. A historic moment on the eve of Black History Month, the nation's largest Black owned bank launches the nation's largest surcharge free ATM network.

Key Points: 
  • LOS ANGELES, Jan. 24, 2023 /PRNewswire/ -- OneUnited Bank is proud to announce its new Empowerment Network , with more surcharge free ATMs than any other bank in the country.
  • OneUnited Bank, the nation's largest Black owned bank, launches the nation's largest surcharge free ATM network.
  • The Empowerment Network also includes OneUnited Card Command to empower customers with more control over their OneUnited Bank Visa® Debit Card.
  • The Bank is launching the Empowerment Network with OneUnited Card Command to customers and then through a nationwide advertising campaign including social media, radio, and influencer marketing.

BofA Data Finds that 2022 was a Solid Year for Consumer Spending, But the New Year Brings New Challenges

Retrieved on: 
Tuesday, January 10, 2023

NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Bank of America Institute released new analysis today which shows that, while 2022 was a solid year for consumer spending, the New Year brings with it cross-currents for U.S. consumers, including a potentially weaker job market and easing inflation pressures in 2023. Although January and February are typically lighter months, New Year resolutions to get healthy may provide some support for spending.

Key Points: 
  • Although January and February are typically lighter months, New Year resolutions to get healthy may provide some support for spending.
  • BofA aggregated credit and debit card data indicates 2022 was a strong year for consumer spending, with total card spending per household up 5.9% year-over-year (YoY).
  • According to BofA internal data, consumer after-tax wages decelerated to 2.7% YoY (3-month moving average) in December, from the high of 8% in April 2022.
  • "After a solid year in 2022, we expect the consumer to feel the weight of 2023.

Green Dot and Wealthfront Extend Partnership to Simplify How Young Professionals Maximize Savings and Build Wealth

Retrieved on: 
Monday, December 19, 2022

Founded in 1999, Green Dot has powered more than 33 million accounts directly, and many millions more through its partners.

Key Points: 
  • Founded in 1999, Green Dot has powered more than 33 million accounts directly, and many millions more through its partners.
  • Wealthfront integrates smart investing and saving services to help young professionals build long-term wealth in all market conditions.
  • Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
  • 1 Wealthfront partners with Green Dot Bank, Member FDIC, to offer checking features in the Cash Account.

Global Payment Processing Solutions Strategic Business Report 2022: Market to Reach $108.3 Billion by 2027 - Credit Card Segment to Account for $47.8 Billion - ResearchAndMarkets.com

Retrieved on: 
Friday, November 18, 2022

The "Payment Processing Solutions: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Payment Processing Solutions: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
  • Taking into account the ongoing post pandemic recovery, growth in the Debit Cards segment is readjusted to a revised 12% CAGR for the next 7-year period.
  • The U.S. Market is Estimated at $12.8 Billion, While China is Forecast to Grow at 16.6% CAGR
    The Payment Processing Solutions market in the U.S. is estimated at US$12.8 Billion in the year 2020.
  • In the global eWallet segment, USA, Canada, Japan, China and Europe will drive the 19.1% CAGR estimated for this segment.