Cartes de Crédit

By Anna Irrera 3 Min Read LAS VEGAS (Reuters) - PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday. The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration The companies declined to disclose the amount of the investment, but Tala said it will use the funding to further develop its product and broaden its reach. Based in Santa Monica, California, Tala lends to individuals in Kenya, Tanzania, the Philippines, and Mexico through its smartphone app. The company has lent more than $500 million to customers and has more than 300 employees around the world. It is among a growing cohort of new entrants in finance that take advantage of digital technologies to service individuals that have been excluded by the traditional banking sector because they were considered too risky or too unprofitable to s...

The Rogers network outage had a nationwide impact as countless Canadians were left without phone or internet services, along with disruptions involving payment transactions and emergency services, to name a few. The telecommunications and media company first acknowledged the outage early morning on July 8 — updating the public regarding their network being down throughout the day. It wasn't until nearly 10 p.m. Friday that Rogers announced its services had been restored. The return of Rogers was followed by an official statement and apology from the president and CEO, Tony Staffieri. While Rogers has restored its services to a "vast majority" of its customers, Montrealers are still up in arms over its effects on lives and city services. So, here's how the outage really f*cked things up here in the 514. Municipal Services Were Down \u201cLes centres d\u2019appels d'Espace Pour La Vie, de la Cour Municipale et du Bureau du Taxi sont \u00e9galement affect\u00e9s temp...

Select's editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Parents who are looking to teach their kids how to use plastic in a relatively low-risk way may want to opt for a prepaid card over a debit or credit card. And if you're someone who struggles to spend within your budget, a prepaid card can help you learn how to manage money. Prepaid cards provide a relatively simple way to pay for purchases without taking out a line of credit or using a bank account. And they pose less risk since you have to load money onto the card in order to use it — perfect if you're worried about overspending or misplacing your credit card and giving fraudsters access to your credit limit. While prepaid cards are an alternative to bank account linked debit cards, they have limitations, especially if you wa...

By Megha Bhattacharya November 24, 2020 Advanzia Bank Europe European digital bank Advanzia today announced a collaboration with digital banking tech provider Backbase in a bid to boost digital transformation and optimise the customer experience. The companies stated that the partnership will include the implementation of Backbase-as-a-Service, which allows banks to develop and release new digital services. Roland Ludwig, CEO of Advanzia commented,  "By introducing these digital, omnichannel solutions, Advanzia is transforming the entire enterprise platform into a state-of-the-art, holistic digital banking platform. The partnership with Backbase allows us to offer our customers a seamless experience across all touc...

Visa and Mastercard are suspending operations in Russia in another major blow to the country's financial system, according to a report from the Associated Press . In an announcement on Visa's website, the company says it's working with partners in Russia to "cease all transactions over the coming days." A separate press release from Mastercard contains a similar message, noting that it's suspending services in Russia and that its decision wasn't taken "lightly." Both companies explain that any transactions made with Mastercard or Visa cards issued by banks in Russia won't work outside of Russia, while any cards issued by banks outside of the country won't work at Russian merchants or ATMs. "We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in Russia," Visa CEO Al Kelly states. "This war and the ongoing threat to peace and stability demand we ...

SAN FRANCISCO--( BUSINESS WIRE )--As consumer demand for 'Buy Now, Pay Later' (BNPL) solutions continues to grow, Visa (NYSE: V) today announced a growing list of issuers, acquirers and fintechs that are leveraging Visa's technology — both its network-based Visa Installments Solution and its longstanding fintech solutions — to bring 'Buy Now, Pay Later' options to their customers. A recent Visa study found that nearly half of all global consumers (42%) expressed interest in installment financing that is offered on their existing credit card or one they could apply for. 1 To help partners meet this demand, Visa Installments Solution is being deployed globally to make issuer-offered BNPL options available in-store and across ecommerce channels. With the network-based solution, financial institutions can add BNPL as a customized feature for credit card holders, on their already approved credit lines. And likewise, acquirers on the network can activate the abili...

Cupertino, California  Apple today announced Apple Card Family, an innovative new way for people to share their Apple Card, track purchases, manage spending, and build credit together with their Family Sharing group. Available in the US in May, Apple Card Family allows two people to co-own an Apple Card, and share and merge their credit lines while building credit together equally. Apple Card Family also enables parents to share Apple Card with their children, while offering optional spending limits and controls to help teach smart and safe financial habits. Apple Card Family is designed to help the Family Sharing group achieve a healthier financial life by making it easy to track spending, all on iPhone and with a single monthly bill. "We designed Apple Card Family because we saw an opportunity to reinvent how spouses, partners, and the people you trust most share credit cards and build credit together. There's be...