Visa’s All-in-One Card Comes to the U.S.
Visa is betting that the world needs a single card that covers debit, credit, buy now, pay later services, and potentially cross-border payments, and it’s bringing this concept—already thriving in Asia—to the U.S. The new Flexible Credential card isn’t issued by a bank but through a partnership with BNPL giant Affirm. Cardholders have the flexibility […]
Credit Card Debt Is Soaring Among Retirees
Over two-thirds of U.S. retirees had outstanding credit card debt this year, marking a substantial increase from previous years, according to data from the Employee Benefit Research Institute (EBRI). This increased dependence on credit cards is an alarming trend given the fixed budgets many seniors live on. According to the survey, roughly 83% of retirees […]
Very Real and Very Here: The Proliferating Use Cases for Instant Payments
Instant payments have been a global phenomenon, but the momentum for real-time payments is building in the U.S. There is a growing expectation among both businesses and consumers that when they send funds, the recipient should be able to access them instantly. In a recent PaymentsJournal podcast, Justin Jackson, SVP, Head of Enterprise Payments, Fiserv, […]