Tag: debit card

October 31, 2023

The proposals specifically seek to determine whether interchange fees for processing a transaction are “reasonable and proportional to certain issuer costs”. It forms the most significant update to the cap since the Reserve first implemented restrictions on debit card issuers […]

October 6, 2022

After announcing their cashback METAL Credit Card in June, U.S. Eagle released their newest card today: The brand-new U.S. Eagle CashBack Debit Card. Members receive cashback each time they use the new debit card. That is unlimited cashback, credited directly […]

September 8, 2022

The digital bank’s debit card offering comes with a multi-currency account (CHF, EUR, GBP and USD) with real-time foreign exchange features and no handling fees, Alpian claims. With the Visa partnership, Alpian’s debit card will be accepted in over 200 […]

June 3, 2022

As the banking industry shrinks each year, CEOs often ask what they should look out for to improve profitability during and after a merger or acquisition. There is one area that is all too often overlooked: debit card profitability. As […]

April 21, 2022

Bank of America said it will make all of its plastic credit and debit cards from recycled material beginning next year. All of the cards, which will feature a recycling logo, will be manufactured using at least 80% recycled plastic, […]

October 19, 2021

Over 10 years after Congress brought competition to how in-store debit card transactions are processed, the Federal Reserve is finally seeking to clarify that the same rules apply to online debit transactions as well. The move has been strongly backed […]

March 19, 2021

The fintech intends to wrap the card in pet-related rewards, covering things like pet food, vet bills, and rescue shelters. Merchant partners listed on Sincere’s website include Walmart, Amazon, Target, and Walgreens. As well as smaller, pet care-focused brands, such […]

November 3, 2020

The app, first founded in 2017, provides a virtual debit card for young adults and teenagers. The account is connected to a parent, who can manage their child’s spending. Currently users are only able to spend their funds in a […]

August 17, 2020

First Direct has around 1.5 million customers, and has become the fourth bank in the UK to sign a debit card agreement with Mastercard. The processing giant also provides cards for Santander, Metro Bank, and Starling Bank. A First Direct […]

September 5, 2019

CARPINTERIA, Calif., Sept. 5, 2019 /PRNewswire/ — Commercial and consumer credit, debit, and prepaid cards issued in the U.S. generated $6.130 trillion in spending for goods and services in 2018, according to The Nilson Report, the leading card and mobile […]

April 7, 2016

In a world where customers remain constantly connected to friends, services, email, and financial institutions, the Bank Identification Number (BIN) is the key. Found on credit, debit, and ATM cards is a 16-digit number that identifies the card brand (American […]