News & Events

Synchrony, the largest issuer of private label credit cards in the US, has teamed with Pet Paradise to finance pet care with Synchrony's existing CareCredit health and wellness credit card. Pet Paradise has 60 locations in the US where services range from dog training to extended boarding stays and day camp.

FreedomPay, a technology provider for ecommerce, has partnered with Mastercard, to create a global payment gateway for businesses to connect with acquirers worldwide. FreedomPay has a presence in North America, Europe and Latin America. By joining with Mastercard it can provide access to 230+ acquirers and acceptance of a range of local and global payment methods.

Shazam, a provider of financial services to community banks and credit unions in the US, has launched Dispute Partner Plus to help clients debit card disputes and related regulatory requirements. The product provides full visibility of documents and claims throughout the dispute process, while also automating Regulation E record keeping. Accountholders can contact their local financial institution or Shazam directly. Cardholder communication occurs throughout the claim process

Nium, a provider of real-time cross-border payments, has launched a Diners Club International Card to allow travel customers using its B2B virtual card to pay airlines and travel suppliers. The Diners Club card, available internationally, will also enhance Nium's closed-loop Airline Payments offering.

ISX Financial, a fintech that provides financial services to merchants across the EEA & UK, has launched a debit card in partnership with Diners Club International. The card carries the brand of ISX's pan-European and UK digital payment app, Flykk. Users get Diners Club benefits including access to 1,500+ airport lounges, travel insurance, and purchase protection. The card is now available to users in selected markets in the EU, with plans to expand to additional markets in the coming months.

American Express has entered into a non-prosecution agreement with the U.S. Attorney’s Office for the Eastern District of New York, and has agreed to pay more than $138 million for engaging in sales practices that provided inaccurate tax advice to customers and potential customers of Amex for two wire products, Payroll Rewards and Premium Wire. Separately, Amex has entered a civil settlement with the Department of Justice’s Civil Division Fraud Section related to the tax-avoidance scheme. Acting Attorney Judy Philips said that American Express had misled their customers by touting tax breaks that simply didn’t exist.