Credit cards Financial News
20.07 / 04:55
inflation
credit cards
Costs
Travel rewards help cut costs on summer vacations amid rising prices
Canadians are changing their travel plans this summer due to rising costs of flights and hotels, according to a new Leger poll.
31.08 / 14:57
business
Blockchain
Payments
MasterCard
credit cards
Nexo
Nexo launches crypto Mastercard for EEA citizens
Bulgarian decentralized lending platform Nexo has unveiled a crypto-powered debit and credit Mastercard for citizens of the European Economic Area (EEA).
22.06 / 21:33
business
Robinhood
credit cards
FinTech
Robinhood buys credit card fintech X1 for $95M
Crypto and stock trading app Robinhood has taken a new step to diversify its business portfolio by acquiring the credit card startup X1 in a $95 million deal. The fintech firm offers an income-based credit card with rewards, along with free trial and single-use credit cards.
09.06 / 15:13
Technology
Adoption
credit cards
Tech
Financial Services
FinTech
How to use credit cards wisely to avoid debt
Credit cards may be excellent financial instruments if used responsibly. However, many individuals fall into the trap of collecting excessive debt due to careless credit card usage. This article will cover numerous tactics and best practices to help you use credit cards sensibly, avoid debt and maintain a healthy financial lifestyle.
30.05 / 12:27
business
Adoption
Microsoft
credit cards
American Express
ChatGPT
Amex planning to use AI for ‘approving cards and lines of credit’
Financial services titan American Express (Amex) plans to use artificial intelligence (AI) services to validate transactions, approve lines of credit, analyze customer sentiment and predict customer finances.
04.04 / 19:25
Stablecoin
Adoption
PayPal
fees
Banks
Central Bank
credit cards
PayPal and the credit card industry are taking advantage of consumers
More Americans are unable to pay their credit card bills in full at the end of the month, with 46% of credit cardholders carrying month-to-month debt, up from 39% in 2022. A recent report from the Federal Reserve Bank of New York highlighted how the current 15% year-to-year credit card balance increase represents the largest jump in more than 20 years.
27.03 / 08:53
NFT
DEX
credit cards
Marketplace
Fiat Money
P2P
How to buy NFTs without owning crypto
Nonfungible tokens (NFTs) have become a popular way for creators to sell digital art and other unique items. Yet because they do not own cryptocurrencies, many people are afraid to invest in NFTs. So, can you buy NFTs without owning crypto?
06.03 / 14:51
Ethereum
Adoption
credit cards
Bitcoin
Debit Cards
Bybit introduces Mastercard-powered debit card days after halting USD transfers
Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings.
10.02 / 20:03
business
Adoption
MasterCard
credit cards
Debit Cards
Bit2Me and Mastercard launch debit card with crypto cashback
The merger of Web2 and Web3 tools continues as crypto-backed debit cards become more mainstream.
30.01 / 17:35
business
Adoption
Web3
credit cards
Stripe
Credit cards can bridge Web2 to Web3, says music industry exec
Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives.
28.10 / 00:21
business
VISA
credit cards
patents
Visa's trademark applications suggest more involvement in crypto space
Major credit card company Visa may be planning to explore digital wallet services based on two recent trademark applications.
24.10 / 12:35
Adoption
regulation
credit cards
International
Japan’s International Payments System will test plastic cards for CBDC
Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested by the Bank of Japan (BoJ).
17.10 / 17:44
MasterCard
Banks
credit cards
Bitcoin
Mastercard taps Paxos to launch crypto trading for banks
Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers.
22.07 / 13:17
business
regulation
credit cards
Buying crypto with credit card is now indirectly banned in Taiwan
Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers (VASPs) the status of merchant in operations with credit card holders. That means a de-facto ban on buying crypto with a credit card on the island.
31.03 / 11:01
Blockchain
Adoption
credit cards
Future
The future of cashback: Companies adopts crypto back rewards for card purchases
Receiving cashback from your credit and debit card purchases has been a long-time benefit for credit card users. However, crypto entered the scene as projects start to implement crypto back rewards for card purchases.
15.03 / 20:13
business
credit cards
American Express
Amex trademark filings suggest possible entry to the metaverse
Major credit card company American Express has filed trademark applications for some of its logos and designs, hinting at expanding into the metaverse.
25.01 / 19:41
business
credit cards
American Express
Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card.
06.01 / 17:31
business
Stablecoin
Latin America
credit cards
Tribal Credit raises $40M in 'hybrid' debt round funded by dollars and stablecoins
Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America.
09.11 / 00:55
business
MasterCard
credit cards
BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific
Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.
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