Finland-based card issuing and processing company Enfuce has partnered with UK-based lending platform Funding Circle to launch its new credit card for small businesses
https://media.blubrry.com/paymentsjournal/paymentsjournal.com/wp-content/uploads/2023/11/Brighterion-004-001-Final-Draft.mp3Podcast: Play in new window | DownloadAcquirers, processors, and payment facilitators (PayFacs) are grappling with a host of challenges involving risk—including sophisticated fraud attempts—that demand innovative solutions
Amid high inflation and interest rates, consumers held back spending during the month of October, per the National Retail Federation (NRF) and CNBC who teamed up to launch a new retail sales tracker, The CNBC/NRF Retail Monitor.By leveraging real-time debit and credit card purchase data from Affinity Solutions', both companies are measuring monthly retail sales to gauge how the retail sector is performing.Affinity Solutions has data on 140 million credit and debit cards, with almost 9 billion transactions valued at over $500 billion in yearly spending.Total retail sales in October—excluding automobile and gas—dipped .08% from September and increased 2.57% year-over-year
Fivancial has announced investment and partnership with The Hashgraph Association to support the BankSocial suite of Open Banking products for credit unions