Military Star Card Partners with Discover Network
There are 1.1 million active private label Military Star credit card accounts tied to a portfolio of $2.33 billion in outstanding receivables at year-end 2023.
Region: United States
White-Label Payment Orchestration
This year, Br-dge expects its orchestration layer will facilitate about $15.00 billion in payments, a tenfold increase from 2023.
US Debit Card Issuers Ranked 51st through 100th Largest — 2023
Debit and prepaid consumer and commercial card products issued by financial institutions that ranked 51st to 100th largest among all issuers generated $164.62 billion in purchase volume in 2023, down 2.1% from 2022. That purchase volume combines Mastercard and Visa networks with EFT system networks, including Accel, Nyce, Pulse, Star and others. Mastercard and Visa […]
Top 25 US Issuers of Mastercard and Visa Consumer Cards — 2023
The largest US issuers of Mastercard and Visa consumer credit and consumer debit/prepaid card products are ranked below based on purchase volume for goods and services in 2023. The Consumer Purchase Volume columns exclude purchase volume tied to small business, corporate, purchasing and fleet commercial credit, debit and prepaid cards. The All Purchase Volume columns […]
Fully Compliant Surcharging
InterPayments sells its software directly to Fortune 1000 companies in the US and Canada, where it can be embedded in a variety of enterprise resource planning (ERP) software systems including NetSuite and SAP. It is also white-labeled to select independent software vendors, acquirers, payment gateways and processors.
Evolve B&T Data Breach
Among more than 150 clients and partners of Evolve are Affirm, Airwallex, Bond (a unit of FIS), i2c, Lithic, Marqeta, Melio, Mercury, Paystand, Stripe, TabaPay and Wise. Evolve is a principal member of Visa and Mastercard.
Rainforest Platform for Embedded Payments
Rainforest makes payment processing available to SaaS platforms on a white-label basis. The company’s technology was created in 2022 specifically for software specialists to embed payment processing into their product mix. All major components of Rainforest’s embedded platform are prebuilt—onboarding, payment processing, reporting, chargeback management and more—so they are available to end users out of the box. There is no need for Rainforest’s clients to build anything.
Judge Rejects Settlement in Merchant Fee Case
Most of the largest US merchants opted out of the class action years ago in favor of bilateral settlements with the defendants. Which merchants settled isn’t known.
Swiipr Prepaid Cards for Airlines
More than 500 million passengers a year experience air travel disruptions including delays, diverted flights and last-minute cancellations.
Late Fee Litigation Update
A three-judge panel of the U.S. Circuit Court of Appeals in New Orleans ruled on June 18, 2024, that ongoing litigation tied to the U.S. Consumer Financial Protection Bureau’s (CFPB) $8 cap on credit card late fees must occur in federal court in Texas. The U.S. Chamber of Commerce and the American Bankers Association succeeded […]
