Ä¢¹½AV

Amex Business Link lets suppliers accept card and noncard payments and cross-border transactions. We break down how it can help Amex attract more issuing partners.

As retail media evolves, ad placements off-site and in-store will help grocery advertisers reach shoppers in new and more engaging ways, but consumers may not be in a spending mood as credit card balances grow and savings accounts shrink. If Amazon can get grocery right, it may be able to fight off losing share to Walmart. But if the Kroger-Albertsons merger goes through, it could change everything.

Inflation eased in November: Slowing grocery inflation and falling energy costs are giving consumers and businesses a reason for optimism heading into 2023.

Consumers are more likely to actively engage in memberships through their credit or debit cards than directly with brands. This suggests there’s a huge opportunity for co-branded card partnerships, which can pair the massive scale of card issuers with customized offerings from retailers. 3. Meet consumers where they’re at. Ease and versatility are the keys to encouraging loyalty program adoption.

The card network’s volume grew 7% YoY in its fiscal Q1. Falling fintech valuations might help fuel long-term growth for Visa.

It will use Mastercard Send so customers in Australia and Hong Kong can send payments to more than 1.5 billion Mastercard cards.

The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.

Alpha Kappa Alpha founded For Members Only Federal Credit Union to empower Black women to build generational wealth.

Launched in July 2023, the government-run service processes transactions in real time and, like ACH, for a lower cost than card transactions. However, transactions cannot be reversed once complete. FedNow is available to all US banks and credit unions regardless of size. Card payment networks capture around $130 billion in US revenues.

To access this perk, customers must pay their cell phone bills with their Berkshire Bank debit card. Reimbursement for non-Berkshire ATM fees, meaning its customers can use virtually any ATM in the US for no additional cost. Identity protection and credit monitoring services.

Financial services includes commercial, investment, retail banks, cooperative banks, credit unions, property and casualty, life and mutual insurance, credit agencies, personal and business credit institutions, mortgage lending, tax preparation, hedge funds, private equity, VC firms, wealth management, payment platforms, card networks, and companies engaged in the underwriting, purchase, sale, or brokerage

Affirm will also have to compete against card-linked installments, which are quite popular in the UK. NatWest, for example, ended its BNPL product in March to focus on its card-linked solution. The bigger picture: Affirm may have to adapt to new UK BNPL regulations shortly after entering the market.