Plaid Founders Buy Bank The co-founders of data network Plaid have purchased Northern California National Bank. The newly acquired one-location FI has been renamed Column and it will manage Plaid’s...
Banks Consider Zelle as Card Alternative A group of banks that own money transfer service Zelle are contemplating promoting the payment option, which competes with card networks Visa and Mastercard....
Farfetch Invests $200 Million Into Neiman Marcus Online luxury retail platform Farfetch Ltd. is investing in Neiman Marcus. The investment will enable the luxury retailer to expand its brands overseas...
Russia's Financial System Western economic sanctions disrupted Russia’s financial system, with one exception, the WSJ reported. Russian consumers continued to use their Mastercard and Visa cards, even though these two...
Fast Casual Chain Offers Bitcoin Rewards Shake Shack is offering cryptocurrency as a customer reward. Consumers get 15% back on any purchase made with Cash Card, a debit card available...
Credit Card Fees To Rise Some large merchants may pay higher fees when they accept consumer credit cards. After postponing interchange fee increases for two years due to the pandemic,...
Walmart Adding New Delivery Options The world’s largest retailer isn’t letting up on its push to drive delivery innovation. Walmart is continuing efforts made early in the pandemic to provide...
Direct Payments Offered By Discover Merchants will soon have the option to access payments directly from shoppers’ checking accounts using an app, with no card required. The newly announced capability...
BNPL Travel Booms Travel paid for layaway-style is booming. Increasingly travel companies are offering flights, cruises and vacation packages that consumers can buy now and pay for over time. DCA...
DCA Member Augeo Launches Crypto Loyalty Program Cryptocurrency platform Heaps was launched by DCA member Augeo, a global leader in enterprise engagement and loyalty platform technology. The new platform, powered...