The Indian payments industry has witnessed a sea change in recent years in terms of adoption of digitized technologies and innovations that process transactions within seconds. As we move to a more digital world, the role of credit cards becomes even more important in facilitating online payments. The demand for online payments is constantly growing […]
Month: April 2022
Electronic Merchant Systems discusses the benefits of using a mobile credit card reader
Cleveland, Ohio- Electronic Merchant Systems (EMS), a Cleveland, Ohio-based payment processor, is taking steps to illustrate why small businesses should invest in mobile credit card readers. As part of this initiative, the company shared a lot of information about the contactless payment trend in a recent blog post. This article also includes a guide on […]
Credit Card Payment Market Research Report 2022-2027
According to the latest report from the IMARC group, entitled “Credit Card Payments Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, the global credit card payment market reached a value of US$477.63 billion in 2021. Looking ahead, IMARC Group expects the market to reach a worth US$762.16 billion by 2027, exhibiting a […]
CLPS Incorporation Announces Next-Generation Credit Card System Product, CAKU, to Facilitate Digital Transformation in Banking Industry
HONG KONG, April 26, 2022 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the launch of the commercial edition of its next-generation credit card system, CAKU. Built on an open source architecture, CAKU offers rapid implementation and flexibility to replace the legacy credit card system, giving global banking institutions a competitive […]
ED raids 24 locations in Mumbai, Pune, Surat
Raids by the Law Enforcement (ED) Directorate were underway on Tuesday at 26 locations across the country in connection with the ABG Shipyard Rs 22,000 crore bank scam case. The ED case is based on an FIR filed by the CBI. In the case, there are 28 banks involved in a consortium with huge amount […]
bank loan Rising interest: SBI, BoB, Axis, Kotak Mahindra Bank client? Lending rates have increased. Check the impact
Several banks including State Bank of India (SBI), Axis Bank, Bank of Baroda (BoB) and Kotak Mahindra Bank have recently started raising the marginal cost of funds based on lending rate (MCLR) on loans. The Financial Express reported earlier that the SBI had raised the MCLR by 10 basis points to 7.1% after three years. […]
Gemini’s New Credit Card Offers Cryptocurrency Rewards
Gemini’s new credit card offers cryptocurrency rewards for dining, grocery shopping, and shopping. The cashback dollar amounts of any transaction are converted back into one of the cryptocurrencies supported by the platform. That’s great because if someone keeps saving their rewards, that could become something substantial in this booming digital economy as well. Let’s also […]
Iowa Irish Fest moves to digital debit and credit card purchases; schedule of events announced | Waterloo
WATERLOO, Iowa (KWWL) — For the next two years, the Iowa Irish Fest will allow credit and debit card purchases at all gas stations. Credit and debit cards will still be used to purchase cash from vendors for food and beverages. According to director Chad Shipman, this addition was made to make the Irish festival […]
Deep in credit card dues? Here are nine tactics to break bad debt cycles
While credit cards aren’t ideal for everyone, they can make your credit journey easier if used responsibly. When reconciling credit cards, you need a personalized no-debt plan. Here are nine strategies to consider that can be used as tactics to break cycles of credit card debt. 1. Think about your spending habits Maybe you’ve given […]
County taxpayers must pay fees for credit card payments
Supervisors to meet next Monday on medical cannabis law If you pay taxes through the DeSoto County Tax Collector’s Office, Joey Treadway, with a credit card, additional charges may be added to that payment in the future. Companies that allow consumers to pay with credit cards multiple times are charged a per-transaction processing fee for […]
GRM Information Management transforms Hanmi Bank’s lending processes with a digital document management solution
GRM Information Management, a leader in enterprise content management, recently implemented a new solution for Hanmi Bank automate and optimize their loan document management processes. Hanmi Bankwhich has thirty-five branches and eight loan origination offices across the country, already recognizes the efficiencies and cost savings enabled by cloud-based loan document lifecycle management software. JERSEY CITY, […]
GRM Information Management Transforms Hanmi Bank’s Lending Processes with Digital Document Management Solution | News
GRM Information Management, a leader in enterprise content management, recently implemented a new solution for Hanmi Bank automate and optimize their loan document management processes. Hanmi Bankwhich has thirty-five branches and eight loan origination offices across the country, already recognizes the efficiencies and cost savings enabled by cloud-based loan document lifecycle management software. JERSEY CITY, […]
Nexo partners with Mastercard and DiPocket for Bitcoin-backed credit card
Nexo, a digital finance lending service provider, has teamed up with Mastercard and DiPocket to launch a crypto credit card allowing users to collateralize bitcoin and other cryptocurrencies. The card allows users to secure bitcoin with 0% APR, no minimum payout, no monthly fees, and earn up to 2% on eligible purchases to be paid […]
Loan scam: BB imposes credit card ban on Sikders
Yesterday, the Bank of Bangladesh has banned 10 members of the Sikder family and two officials Sikder group to use international credit cards for two years because they have exceeded their credit card limit of the National Bank Ltd, in flagrant violation of banking rules. The lender gave them $10,580,000 (about Tk 91 crore) violating […]
Bread Financial Launches Amex Cashback Credit Card
Financial services company Bread Financial launched the American Express Bread Cashback credit card on Wednesday, April 13, which offers consumers unlimited 2% cash back with no annual fee, no reward caps, no foreign transaction fees and without categories to manage. According to a company press release, American Express Bread Cashback credit cardholders will also have […]
Kotak Bank: Kotak Mahindra Bank Loan Officer Arrested
Mumbai: A loan officer working with Kotak Mahindra Bank was arrested on Saturday after a Lonavala-based hotelier accused some officials at the lender of cheating and forgery. The arrested individual was identified as Alankar Khare, who was brought before a local court which took him into custody for two days. Lonavala City Police filed a […]
Credit Card Payments Industry Analysis Report 2022-2027: Market Trends, Growth Opportunities and Forecasts
According to the latest report from the IMARC group, entitled “Credit Card Payments Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, the global credit card payments market reached a value of US$477.63 billion in 2021. Looking ahead, IMARC Group expects the market to reach a worth US$762.16 billion by 2027, exhibiting a […]
Credit card giant Mastercard files multiple trademark applications for crypto-related services
Global payments giant Mastercard files 15 new trademark applications related to crypto, fintech and metaverse technologies. According to top trademark attorney Mike Kondoudis, the claims of the credit card titan indicate that it plans to create a non-fungible token (NFT)-backed media, an e-commerce transaction and payment processing system within the metaverse, and a marketplace for […]
Fed reports credit card balances rose 20.7% in February
Credit card balances rose in February as retail sales rose 0.3%. Despite continued concerns about the spread of the Omicron variant, it appears consumers were ready to shake off their covid-imposed restraints. Consumer revolving debt, which is primarily based on credit card balances, gained $18 billion on a seasonally adjusted basis in February. It now […]
Capital One Venture Rewards Credit Card: A Flat-Rate Travel Card with Premium Extras
Partner offers are presented in this article. The Capital One Venture Rewards credit card has the highest flat rate rewards rate of any travel card on our radar. And unlike most fixed-rate credit cards, it even gives you a bonus rewards category for hotel and rental car purchases booked through Capital One’s travel portal. The […]
Movable assets now authorized as collateral for bank loans
TBS report April 06, 2022, 3:20 p.m. Last modification: 06 April 2022, 19:51 Representative image. Photo: Collected “> Representative image. Photo: Collected Vehicles, machinery, furniture, electronics, software, agricultural products, minerals, processed fish and livestock – the values of which can be calculated, considered chattels in banking parlance and which do not were not accepted as […]
Business News | Stock and Stock Market News | Financial News
Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 Addiction INE002A01018, TRUST, 500325 Tata Power INE245A01021, TATAPOWER, 500400 Adani Power INE814H01011, ADANIPOWER, 533096 HDFC Bank INE040A01034, HDFCBANK, 500180 […]
Republicans push House to drop Citigroup as provider of office credit cards for abortion travel funding
FOX Business’ Ashley Webster reports on a new ad campaign by New York City Mayor Eric Adams calling on Florida’s parental rights bill to attract residents. FIRST ON FOX – House GOP Vice Chairman Mike Johnson is pushing for the House of Representatives to drop Citigroup as a credit card provider following the company’s decision […]
Buy now, pay later is an opportunity credit card issuers can’t afford to pass up
The recently released State of Loyalty: 2022 Credit Card Rewards report from loyalty solutions company iSeatz identifies trends that could drive credit card issuers in the months ahead. Of those listed – buy-it-now, pay-later (BNPL) plans, digital wallets, pay with points, and cryptocurrency rewards – BNPL, a type of reverse “layaway” approach, could be next […]
Upcoming Credit Card Reader Market Trends, Company Growth, Competitors, Company Market Share Analysis
The Global credit card reader market The report emphasizes on a detailed understanding of some crucial factors such as size, share, sales, forecast trends, supply, production, demand, industry, and CAGR to provide a comprehensive perspective of the global market. Further, the report also highlights challenges impeding market growth and expansion strategies employed by leading companies […]
NFT Titan OpenSea to support credit card payments
Share this article OpenSea is following in the footsteps of several competitors to add support for fiat payments. OpenSea to accept card payments The world’s largest NFT marketplace is poised to make it easier for users to source non-fungible products. OpenSea will now support credit and debit card payments through a partnership with MoonPay. The […]