Payment method

Chinese digital loan sharks spread their wings in India: report

New Delhi: Chinese syndicates and criminal gangs conduct scam operations illegally in India. Several cases of such digital loan sharks have been detected in the recent past and it is suspected that the scale of such illegal activities has increased over time. Recently, a case of so-called “Chinese loan application” has come to light in […]

Credit card

Sam’s Club credit card login, number and bill payment

Looking for a decent membership card with lots of perks? Then the Sam’s Club credit card is the right choice for you. You can purchase the Sam’s Club Membership for $45/year and the Plus Membership for $100/year. You can also enjoy sign-up bonuses and a 0% introductory APR. However, Sam’s Club Mastercard users enjoy many […]

Customer payment

OPPD warns of rise in fraudulent calls demanding payment from customer

AT 7 CAN HELP ALERT TONIGHT, OPPD SAYS IT SEE AN INCREASE IN SCAM CALLS. THROUGH THIS MONTH THERE HAVE BEEN OVER 450 SCAM CALL REPORTS. THAT IS 2.5 TIMES THE NUMBER REPORTED IN JUNE. THE DEPARTMENT SAYS 130 OF THO OPPD warns of rise in fraudulent calls demanding payment from customer The department notes […]

Direct debit

GO, Epic and Melita suspend additional fees for customers without direct debit

GO, Melita and Epic have temporarily eliminated surcharges for consumers who do not pay by direct debit, pending an investigation by Malta’s consumer regulator into price fixing. The three telecom companies have come under scrutiny for their decision to charge a €1 fee for bills that are not paid by direct debit. They argued that […]

Credit card

Credit card statistics for the first time in 2022

Credit cards are a valuable financial tool to help you spread large purchases over time, cover the cost of an emergency, and gain the confidence of lenders in the future when you borrow money for your first home or your first vehicle. For many Americans, the journey of building credit begins in adolescence and continues […]

Direct debit

Ofgem orders energy supplier to improve direct debit processes

Image: chayanuphol/Shutterstock Ofgem has today asked energy supplier TruEnergy to improve its direct debit processes. The interim order issued by the regulator now requires the company which serves around 7,500 customers to review the level of direct debit for all customers who use this type of payment. TruEnergy must also commission an independent audit to […]

Direct debit

TruEnergy ordered to review direct debit levels

TruEnergy Ltd has been ordered by regulator Ofgem to review all customers’ direct debit levels and make adjustments if they are not set at the correct level. The small energy supplier with around 7,500 domestic and non-domestic customers in the UK has been asked to improve its process for setting up direct debits. It comes […]

Direct debit

Ayoconnect launches recurring direct debit in Indonesia

By Leandra Monteiro July 28, 2022 Banking API Ayoconnect BIS Bank Ayoconnect, Southeast Asia’s largest open finance platform, has launched an open finance API that provides Indonesian businesses, including non-bank financial institutions such as insurance companies and lenders, with capabilities that can instantly debit customers’ savings accounts at multiple banks. The API can be integrated […]

Credit card

Mission Lane Credit Card Master Trust returns to raise $200 million

Following on from its securitization last year, the Mission Lane Credit Card Master Trust, Series 2022-A, will issue $200 million in asset-backed securities (ABS). A higher average receivables balance, annual collateral percentage rate, and lower weighted average FICO score will set the agreement apart from its predecessor. Mission Lane, founded in 2018, offers financial products […]

Digital wallets

Digital Wallets Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2029 – This Is Ardee

New Jersey, United States – The Digital wallet market research guides new entrants to obtain accurate market data and communicates with customers to learn about their needs and preferences. He identifies direct business opportunities and helps bring new products to market. It identifies opportunities in the market. It aims to make changes in the business […]

Payment method

Cigno’s ‘greedy and evil’ payday lender’s cat-and-mouse game with ASIC continues

Laura Platt was in desperate need of money to repair her car when she saw an advertisement for Cigno, which offered “quick cash loans of up to $1,000”. Key points: ASIC has banned the types of loans offered by Cigno, but the company appears to have implemented a new loan model Cigno made $60 million […]

Payment method

Our View: Win-Win Food Recovery Program | Editorials

Kudos to the nonprofit South Central Minnesota Food Recovery for expanding its organization, partnering with more groups, and ultimately getting more food to those in need. Natasha Frost, owner of Wooden Spoon, began collecting leftover food from organizations and restaurants three years ago to donate to people in need. More recently, they have turned food […]

Credit card

5 detained for sending fake link to man to activate credit card, tricking him out of Rs 3.5 lakh

Five men have been arrested for allegedly deceiving a 31-year-old man of Rs 3.5 lakh by sending him a fake link to activate his credit card. Police said the defendants were identified as Gurmeet Singh (31), who ran a Chinese restaurant, Surendra Singh (24), a struggling singer, Prabhjot Singh (23), Shahrukh (22) and Harshdeep Singh […]

Credit card

Link between RuPay credit card and UPI will be operational in 2 months, says NPCI CEO

The linking of Rupay credit cards to the Unified Payments Interface (UPI) will happen within the next two months, Dilip Asbe, Chief Executive Officer (CEO) of the National Payments Corporation of India (NPCI) said on Friday. He added that several public sector entities have shown interest in linking their […]

Direct debit

Energy Company Makes Major Changes to Direct Debit Payments and Customers are FURIOUS

A major energy company has sparked anger after it halved the notice period it gives to notify customers of a change to their direct debit payments. Millions of Bulb Energy customers will be affected when the new terms and conditions come into effect on August 22. 1 Bulb also warned customers threatening not to pay […]

Payment method

Payday loan initiative won’t get Michigan to vote, canvassers rule

DELTA TOWNSHIP, MI – Michigan’s November ballot will not include any legislative initiatives after the state’s Superior Election Commission ruled that a proposal to crack down on predatory payday lending failed to gain enough signatures . The Board of State Solicitors voted 4-0 to accept the Elections Office’s recommendation that Michiganders for Fair Lending does […]

Customer payment

Sephora partners with Afterpay to offer flexible payment plans to customers

Sephora recently partnered with Afterpay to offer customers the flexibility to be paid in installments when shopping in Sephora stores and online. The partnership underscores both brands’ commitment to meeting their customers’ needs and will deliver an omnichannel experience that makes shopping easy, convenient and accessible to more shoppers. “Convenience and flexibility are at the […]

Direct debit

Update on Subscriptions and Direct Debits – Blog

Update on subscriptions and direct debits – Blog – Derby County arrow_downward Catch up on social media arrow_downward Open social networks Watch more ”,””],”responsive”:{“0”:{“items”:”int|1″,”margin”:”int|0″,”stagePadding”:”int|0″},”480″:{ “items”:”int|2″,”margin”:”int|10″,”stagePadding”:”int|0″},”768″:{“items”:”int|3″,”margin”: “int|25″,”stagePadding”:”int|0″},”992″:{“items”:”int|4″,”margin”:”int|30″,”stagePadding”:”int|0 “},”1200”:{“items”:”int|4″,”margin”:”int|37″,”stagePadding”:”int|0″},”1499″:{“items”:”int |4″,”margin”:”int|35″,”stagePadding”:”int|0″}}}”> Read more ”,””],”responsive”:{“0”:{“items”:”int|1″,”margin”:”int|0″,”stagePadding”:”int|0″},”480″:{ “items”:”int|2″,”margin”:”int|10″,”stagePadding”:”int|0″},”768″:{“items”:”int|3″,”margin”: “int|25″,”stagePadding”:”int|0″},”992″:{“items”:”int|4″,”margin”:”int|30″,”stagePadding”:”int|0 “},”1200”:{“items”:”int|4″,”margin”:”int|37″,”stagePadding”:”int|0″},”1499″:{“items”:”int |4″,”margin”:”int|35″,”stagePadding”:”int|0″}}}”> A problem occurred while creating your ticketing account. Learn more A problem occurred while creating your ticketing […]

Customer payment

Respond to customer payment needs across all platforms, including social media

Consumers have become accustomed to an increasingly digitized lifestyle in recent years; so much so that digital spending patterns are quickly becoming mainstream for savvy users in the UK and Europe. But with the resurgence of physical shopping since the pandemic began to abate, the global retail ecosystem appears to be back in full swing, […]

Digital wallets

Adoption of digital wallets by restaurants is decreasing

Restaurant customers continue to seek frictionless payment options, but PYMNTS results reveal that these technologies are becoming less widely available rather than more. In numbers Research from the latest edition of PYMNTS’ Restaurant Readiness Index, created in collaboration with Paytronix, which is inspired by an April survey of more than 500 quick-service restaurant (QSR) managers […]

Payment method

Michigan Ballot Campaign to Limit Short Payday Loan Signings

LANSING — State election officials say a ballot campaign to restrict payday loans failed to garner enough valid signatures to qualify for the November ballot. Michiganders for Fair Lending submitted approximately 392,000 signatures for the bill launched on June 1. But the Elections Office, in a report issued late last week to the Board of […]

Credit card

X1’s income-based credit card is about to launch publicly – TechCrunch

The credit card market has become increasingly crowded, with mainstream fintech startups competing fiercely to differentiate their offerings through branding, rewards programs, and even crypto compatibility. X1 Card takes a different approach by underwriting customers based on income rather than credit scores, which the company says allows it to set credit limits up to 5x […]

Direct debit

Martin Lewis issues warning over direct debit energy bills

Martin Lewis has issued a warning that many households with direct debit energy bills could be abused by energy companies. Speaking on ITV’s This Morning, money-saving expert Martin Lewis reported that energy regulator Ofgem has ordered energy companies to improve the way they set direct debits. He explained that while direct debits will have increased […]

Direct debit

Rolling out £150 Council Energy Tax rebate for direct debit payments in West Lancashire

COUNCIL TAX REBATE: West Lancashire Borough Council is now heading into the next phase of the rebate scheme. Photo: Dominic Lipinski/PA Wire Submitted by West Lancashire Borough Council More than £3.5 million of the £150 energy tax rebate has been paid to 23,598 eligible households in West Lancashire. West Lancashire Borough Council has so far […]

Credit card

Delhi: 4 detained for cheating on the pretext of redeeming credit card points

New Delhi, July 16 (IANS): A gang of high-tech cyber crooks who used to deceive people under the guise of redeeming credit card points or increasing credit card limit have been arrested by the National Capital Police with the arrest of four people, an official said on Saturday. The defendants, identified as Pulkit Malik […]

Payment method

A Democrat-funded Super PAC launched TV ads attacking Bob Stefanowski

HARTFORD, Conn. (WFSB) – A super PAC funded by the Democratic Governor’s Association has launched television ads attacking Bob Stefanowski. Two other PACs could spend millions on ads to attack Governor Lamont. We still have more than three months until the November election, but the negative publicity has already started. PAC money is spent on […]

Direct debit

How Direct Debit Rent Payments in Dubai Will Solve Tenants’ Cash Flow Problems

Kuldip Lakhani, an information specialist in Abu Dhabi, recalls an incident last year when his landlord lost one of his post-dated rental checks. “I had to write replacement checks instead and get a commitment from the landlord on his company letterhead that he wouldn’t cash my original post-dated rent checks,” says Lakhani, who has been […]

Payment method

Inflation is at a 40-year high, and an expert says the cost of living is even worse than the numbers say

CHICAGO (CBS) — Inflation is at its highest level in 40 years – hitting 9.1% on the year in June, the highest since 1981. The Consumer Price Index reports that the price of gas has skyrocketed nearly 60% in the past year – and that’s of course far from the only commodity affected. […]

Credit card

WebBank invests $250 million in Avant to support credit card program growth

SALT LAKE CITY–(BUSINESS WIRE)–WebBank today announced that it has committed to invest up to $250 million in the bonds of an Avant-sponsored securitization structure that are secured by credit card receivables. The investment will be used to meet continued demand and growth for the Avant® MasterCard® credit card issued by WebBank. WebBank’s investment will be […]

Direct debit

Warning to thousands of energy customers to check direct debit NOW – what you need to know

THOUSANDS of customers are invited to check their energy bill by direct debit. Ofgem, the energy regulator, has warned companies that some customers are not paying enough. 1 Ofgem has warned Octopus energy that some of its customers could soon face a bill shock.Credit: PA This could mean that some customers see their bills increase […]

Direct debit

Martin Lewis issues warning to anyone with a direct debit on their energy bill

Consumer champion Martin Lewis had an important message for anyone with a direct debit on their energy bill. He gave it away during his appearance on ITV This Morning on Wednesday. The Money Saving Expert founder appeared in the studio opposite Alison Hammond and Dermot O’Leary in which his post also included a warning about […]

Direct debit

Energy suppliers ordered to review 500,000 increases in customer levies

Half a million energy customers have seen their domiciliation increase by more than 100% with the surge in gas prices in recent months. The regulator has now ordered providers to review the amounts. As gas prices have exploded, offtakes from energy customers have also seen sharp increases. Following concerns they have been raised to unfair […]

Direct debit

Ofgem calls on energy companies to take urgent action to resolve direct debit issues | Ofgem

Britain’s energy regulator has asked a series of suppliers to take urgent action after discovering “serious weaknesses” in the processing of direct debits from customers. Ofgem has looked into how energy companies handle direct debits, finding evidence that customers have been treated poorly. It named a group of suppliers where it had identified “moderate to […]

Payment method

Do faster X-Border payments even need crypto?

When cryptocurrency proponents talk about how it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention. There are reasons. SWIFT has left sending money from one country to another expensive, slow to the point of days and unavailable 24/7. It’s kind of ridiculous in an age where you […]

Digital wallets

ARK expects digital wallets to integrate BNPL

According ARK Invest, Klarna’s declining valuation might be normal for the price going forward. In its next funding round, the Swedish valuation buy now, pay later (BNPL) startup Klarna could drop 85% to $6.5 billion, according to a recent WSJ report, well below rumors of around $30 billion and $15 billion in May 2022 and […]

Credit card

Wayfair Credit Card Review | ZDNet

Since 2002, Wayfair has been a leading home décor and homewares retailer. With headquarters in Boston and Berlin and more than 25 million customers, Wayfair today boasts of being “one of the largest home retailers in the world”. It’s no surprise, then, that Wayfair has its own credit card, which simplifies shopping with easy ordering […]

Payment method

Inflation, gas prices and interest rates are on the rise. Here’s how to prepare yourself financially for the tough times ahead

Financially, times are pretty tough – and they aren’t expected to improve anytime soon. Reserve Bank Governor Philip Lowe said a recession was not expected in Australia. Others think there is a chance that we will be hit by a short recession next year. But one thing is certain right now: millions of Australians are […]

Credit card

SBI Card Partners with Aditya Birla Finance For Rewards Centric Credit Card

SBI Card, one of India’s largest pure-play credit card issuers, on Saturday announced the launch of ‘Aditya Birla SBI Card’, a highly rewarding lifestyle credit card, as part of a strategic partnership with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital Ltd. The card was designed to provide customers with significant […]

Payment method

CFPB discusses consumer finance data and sets priorities | Sheppard Mullin Richter & Hampton LLP

On June 15, the deputy director of the CFPB, Zixta Martinez, delivered a opening speech at the Consumer Federation of America’s 2022 Consumer Assembly. The Deputy Director focused on four key areas of consumer protection in her address: Payday Loans: The CFPB released a research report in April focusing on payday loans and the state […]

Credit card

A warning sign about the economy; Is voice-based payment technology next?

Red flag: consumers are using Buy Now, Pay Later to cover their daily expenses Buy now, pay later installment plans have become popular among consumers looking to spread the cost of major purchases. But now, rising prices are forcing some cash-strapped shoppers to seek out these alternative payment methods for day-to-day purchases, such as their […]

Direct debit

Dubai’s new direct debit scheme for tenants, landlords explain

A landmark agreement announced in Dubai that eliminates the need for tenants to submit post-dated rental checks is now in effect. The new system, announced earlier this week, “is readily available” and accessible to “landlords and tenants”, an Emirates NBD spokesperson told the Khaleej Times. “Landlords can now obtain a one-time direct debit mandate signed […]

Direct debit

No more rent checks: Dubai’s new direct debit system for tenants, landlords say – News

The method works in parallel with existing services Published: Thu 7 Jul 2022, 1:50 PM A landmark agreement announced in Dubai that eliminates the need for tenants to submit post-dated rental checks is now in effect. The new system, announced earlier this week, “is readily available” and accessible to “landlords and tenants”, an Emirates NBD […]

Digital wallets

Argentina’s tax service recovers over $800 million after tax offenders’ digital wallets were seized

The Federal Administration of Public Revenue or Administración Federal de Ingresos Públicos (AFIP), Argentina’s revenue collection body, is now targeting digital assets held by tax evaders in the country. According to a report by iProUP, a local news outlet, AFIP has seized 1,269 digital asset wallets linked to tax offenders since February 2021 with the […]

Digital wallets

What is Toll Fraud malware, how does it attack digital wallets and how to protect yourself – Technology News, Firstpost

PF explainersJul 06, 2022 1:10:14 PM IST Microsoft recently published a blog post warning Android users of a new malicious malware circulating, called the Toll Fraud malware. The concern that Microsoft raises about this malware is that it can drain the payment wallets of infected devices and can also drain your bank accounts. Microsoft researchers […]

Credit card

5 facts consumers need to know about their credit card

Have you already read the complete terms and conditions regarding the possession of your credit card? Chances are your answer is: No. I confess that this is also my answer, and this is after many years of owning various credit cards from different banks and issuers. It may give you a bit of comfort to […]

Direct debit

Dubai: Soon, pay your rent by direct debit instead of checks – News

Tenants will be able to benefit from flexible payment plans from landlords By a staff reporter Published: Mon 4 Jul 2022, 03:45 PM Last update: Mon 4 Jul 2022, 10:47 PM As part of a new partnership between the Dubai Land Department and Emirates NBD, rental check payments will soon be automated and digitized using […]

Credit card

Credit One Credit Card Login, Number & Bill Payment

Credit One Bank specializes in credit cards for people with bad credit or no credit history. By opening an account with Credit One Bank, you can apply for a Visa card and take advantage of certain advantages that will allow you to build up a credit file. There is also an option to see if […]

Digital wallets

More Americans are using digital wallets than ever. Which should you choose now?

Image source: Getty Images Here are the best digital wallets that can provide a smooth digital experience. Key points 75% of respondents in a recent survey said they had used a digital wallet in the past year. Also known as an e-wallet, it allows individuals to conduct financial transactions electronically. Digital wallets are secure and […]

Payment method

Pawn Depot opens in LaPlace – The Observer

LAPLACE – Now open at 509 W. Airline Highway, LaPlace’s Pawn Depot is a one-stop shop for lending, selling, trading and buying merchandise. The new business celebrated its soft opening on June 30. A grand opening is planned for later this summer. LaPlace marks Pawn Depot’s seventh location in the Greater New Orleans area. The […]

Credit card

Simmons Visa Credit Card Review – Forbes Advisor

Visa Simmons®* vs. Citi® Double Cash Card The Citi® Double Cash Card usually has more to offer than the Simmons Visa®* Map. The Citi® Double Cash Card earns 2% cash back on all purchases, 1% when purchases are made, and an additional 1% when paid. It also offers an introductory APR of 0% on balance […]

Direct debit

Currensea direct debit travel card gets £1.35m crowdfunding

London-based fintech Currensea raised £1.35m in capital on crowdfunding platform Seedrs within the first two hours of going live, beating its £1m target. Of Currensea’s 350 crowdfunding investors, almost half are current users of the platform. “There has been phenomenal demand among investors, clearly demonstrating the scalability and need for a workable solution to the […]