Post Tagged with: "credit cards"

Will Goldman Become a Verb? Watch the Marcus Ads!

Will Goldman Become a Verb? Watch the Marcus Ads!

by November 24, 2016 at 1:13 am 1 comment

Can there be something in corporate names that start with G? Why is it that GAFA has Google first? What is the tipping point that turns a corporate name into a verb? Malcolm Gladwell may have insights on these questions and a great story to tell us, as I urgeRead More

InComm Taps Tender Armor to Help Prevent Card Fraud

InComm Taps Tender Armor to Help Prevent Card Fraud

by November 16, 2016 at 12:50 pm 0 comments

This week it was announced that InComm, a transaction solution and prepaid solution industry leader, will be piloting fraud prevention company Tender Armor’s CVV+ product in order to better protect cardholders against card fraud. “When consumers shop online they have no idea what the merchant is doing with their cardRead More

3 Startups To Watch: Tab, Smarkets, Aire

3 Startups To Watch: Tab, Smarkets, Aire

by October 5, 2016 at 4:15 pm 1 comment

Browsing new startups is so much fun—new companies pop up every day, so there’s always a chance to discover that one description of a newly funded startup’s goals that makes you say, “Why didn’t I think of that?” With that in mind, here are three startups you should keep yourRead More

Debitize Reaches $1 Million Mark, Launches Credit Optimizer

Debitize Reaches $1 Million Mark, Launches Credit Optimizer

by September 22, 2016 at 10:53 am 0 comments

Debitize, a startup helping millennials build credit without using credit (we’ll explain), reached a significant milestone last week and released a new product this week. The milestone is $1 million “debitized.” Users of the service essentially treat credit cards as if they were debit cards, and pay off balances through Debitize beforeRead More

Credit Karma Hits 60 Million Users, Will Add Mortgages

Credit Karma Hits 60 Million Users, Will Add Mortgages

by September 9, 2016 at 9:37 am 1 comment

Credit Karma now has 60 million users. Yes, that zero is supposed to be there. And the company, which gives out free credit scores and generates revenue from selling lending leads, is adding 1 million to 2 million users — which the company calls “members” — per month, a Credit Karma official told anRead More

The Opportunity To Disrupt the Credit Card Rails May Finally Be Opening Up

The Opportunity To Disrupt the Credit Card Rails May Finally Be Opening Up

by August 21, 2016 at 1:00 am 2 comments

Image source The transition to Chip and PIN credit cards in America currently looks like just a big conversion cost – good for vendors and consultants and a big extra cost and time suck for everybody else.  However, below the surface something bigger is brewing.  Chip on plastic is incrementalRead More

Robos and Credit Cards Coming to Ally Customers Soon

Robos and Credit Cards Coming to Ally Customers Soon

by June 15, 2016 at 9:31 am 3 comments

Ally Bank is all about appealing to its “digitally savvy” millennial customers base, says CEO Diane Morais. And rightfully so, since millennials now comprise nearly half – 48% – of the digital bank’s customer base. In that spirit, Ally is focusing its efforts on digital wealth management and credit cards, Morais saidRead More

Payments in Iran Now Said to Be Possible

Payments in Iran Now Said to Be Possible

by April 12, 2016 at 12:03 pm 2 comments

Yet another barrier to business in Iran appears to have fallen. Paymentwall, a San Francisco online payments company, announced today that it has integrated its payment services into the Shetab, which is Iran’s “unified, electronic clearance system for the entire Iranian banking operations that allows it to facilitate transactions fromRead More

MasterCard Secures Patent for Dynamic Account Numbers

MasterCard Secures Patent for Dynamic Account Numbers

by February 18, 2016 at 11:27 am 2 comments

Say goodbye to the 16-digital credit card number. MasterCard today was awarded a patent for what it calls “variable length bank identification numbers.” Essentially, the patent protects a computer system developed by MasterCard, one of the world’s largest payment networks, to assign account numbers that are not 16 digits long. The patentRead More

Payments is the boulevard of broken dreams, but cross border e-commerce is sweet

Payments is the boulevard of broken dreams, but cross border e-commerce is sweet

by January 7, 2015 at 3:39 am 0 comments

Any time you see a market as large as Payments, entrepreneurs rush in. And Payments is undeniably a huge market. According to Boston Consulting Group: “In 2013, payments businesses generated $425 billion in transaction revenues, $336 billion in account-related revenues, and $248 billion in net interest income and penalty fees related toRead More