debit cards

Now $500 million richer, Chime eyes acquisitions

12/06/19

The challenger bank might use the proceeds from its latest funding round to buy other fintechs that would allow it to add more products and services, its CEO said.

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How financial institutions can support people with mental health issues

11/26/19

Yale researchers have recommended several consumer banking products and services that could help those with mental health challenges manage their money.

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Visa, Mastercard draw FTC inquiry over debit card transactions

11/13/19

Visa and Mastercard are once again in the crosshairs of U.S. antitrust regulators over policies that can prohibit merchants from routing card transactions over alternative debit networks.

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Nothing comes easy for CFPB in payday lending rule

10/29/19

The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.

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Is Uber Wallet a challenger bank—or something more ambitious?

10/28/19

Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.

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What Charles Scharf’s Visa years say about his plan for payments at Wells

09/27/19

In the payments world, Scharf is best known as the CEO of Visa Inc. from 2012 to 2016, where his strategies for faster payments, fintech partnerships and other key issues may shed light on what Scharf has planned when he becomes CEO of Wells Fargo.

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Apple Card fortifies the digital model, and that's trouble for banks

08/09/19

Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.

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Why BofA is making it easier to use other companies' mobile wallets

06/26/19

By creating a close tie between digital debit cards and the major third-party mobile wallets, Bank of America is doing something few banks are — and expecting a payoff in broader use of digital financial services and “top of wallet” spending.

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Visa CEO Kelly breaks with big banks on need for faster payments

05/29/19

Banks and governments around the world have invested in systems that seek to instantly transfer money between accounts, moves that could put pressure on the sprawling debit-card business at the world’s largest payments network. But Visa Inc. Chief Executive Officer Al Kelly isn’t too worried.

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Wells Fargo expects to refund debit-card fees amid review

05/03/19

Wells Fargo & Co. said it expects to refund certain fees paid on debit-card accounts as it reviews disclosures that may have confused customers.

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