Top 5 Prepaid Cards Purchased, Reloaded, or Received
Prepaid cards continue to hold a strong position in the payments landscape, offering convenience, flexibility, and control for a wide range of consumers. Over the past year, usage has remained steady across various categories—from everyday spending to gifting and financial management. Don’t miss another episode of Truth In Data! Click on the red bell in […]
After European Success, eBay Will Bring Klarna BNPL to U.S. Shoppers
U.S. shoppers will soon be able to pay for their eBay purchases in installments, as the marketplace expands its partnership with Klarna. Klarna’s buy now, pay later (BNPL) services have already been available to eBay shoppers in European countries like the UK, Austria, France, Italy, and Spain. Now, millions of U.S. consumers will be able […]
Rewards Program Helps College Students Earn Points to Pay Down Debt
A new rewards program is helping members tackle one of the most significant debts many face: student loans. Bilt Rewards, which currently allows members to earn rewards points when they pay their rent, is expanding to include student housing properties and will now let members redeem their points toward eligible student loan payments. Student debt […]
Breaking the Rules: Why Organizations Must Think Outside the Box to Combat Fraud
Although many organizations are still strategizing and piloting their artificial intelligence implementations, bad actors have already made AI an integral part of their fraud operations. One of the main reasons that criminals have been able to implement emerging technologies so rapidly is they are free from the constraints that hinder many legitimate organizations. In the […]
Credit Card Users Resent “Nickel and Dime” Surcharges
As reports of merchants imposing surcharges on credit card transactions continues to rise, credit card users remain frustrated by these fees. Many feel they’re being nickel-and-dimed when asked to pay extra for credit card processing. These findings come from WalletHub’s Credit Card Processing Fees Survey, which reveal that many consumers have been charged a fee […]
EU Banks Consider Stablecoin Launches After MiCA
With a clear regulatory framework in place, more European banks are planning to add digital assets in their product offerings. According to CoinDesk, ING, a Netherlands-based firm, is planning to launch a euro-backed stablecoin. This initiative may involve a joint effort with other EU financial institutions and crypto firms. Europe’s Markets in Crypto Assets regulations […]
Circle Mulls Bank Charter, Unveils Cross-Border Payments Network
More digital assets companies are expanding into traditional financial services territory, as evidenced by two recent moves by Circle. The firm, best known for its USDC stablecoin, revealed plans to explore applying for a bank charter. Gaining a bank charter would allow the crypto company to offer traditional lending products and take deposits. Circle also […]
Sam’s Club’s Ambitious Plan to Forgo Checkout Lanes
After a successful pilot at a store in Grapevine, TX, Sam’s Club will redesign all 600 of its locations to remove both self-serve and cashier checkouts, requiring customers to check out using its mobile app. Traditional checkouts will be replaced by a system known as Scan & Go, which allows members to scan products with […]
Capital One Moves Forward
It is more than a big deal that the Capital One-Discover acquisition passed its last two regulatory hurdles. The biggest credit card deal in U.S. history moves forward in mid-May 2025. In an all-stock deal, more than $100 billion in loan book will pass to Capital One, leaping the Richmond, VA lender to the top […]
Real-Time Payments Aren’t Yet the Next Big Thing for Merchants
There was substantial buzz when Walmart announced that—with Fiserv’s help—it was launching support for real-time payments through FedNow and the RTP network last year. However, for all the speculation that real-time payments will be the way of the future, there are reasons most consumers aren’t using pay-by-bank at retailers yet—and might not start any time […]