‘Tis the season for making gift cards a more attractive option to buyers. Card Lab Inc. and Visa have launched a new online Visa gift-card site that offers customizable gift cards in denominations of $10 to $250 embossed with either an uploaded personal image or from a site-image catalogue. Letting users choose their own card design is a premise born out of UK-based card design firm Serverside, which, in addition to PayJr Inc. of Dallas, has partnered with Card Lab to support GiftCardLab.com. “Our partnership with Card Lab will give shoppers a new channel through which to get a Visa Gift card, with the added ability to customize each card for a truly personal gift,” says Steve Diamond, vp, prepaid products for Visa. Serverside and PayJr previously teamed on backing the customizable PayJr VisaBuxx prepaid card for the teen market. The new designable prepaid cards will be issued by Marshall Bank, N.A., according to a release.
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A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union industry's longstanding exemption from most federal taxes, but the issue is far from settled.
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Citizens & Northern's deal for Susquehanna Community is the eighth involving a Pennsylvania seller in less than two years. An industry consultant based in the Keystone State expects the pace to slow as the number of buyers dwindles.
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Checkout-free retail, which enables transactions without a dedicated point of sale, provides a trove of data that can aid dozens of mobile banking functions, though it's not widely used due to difficult upgrades.
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A 90-day pause on reciprocal tariffs between the U.S. and China boosted the near-term economic outlook for banks, but tensions and uncertainty around trade barriers remain high.
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The fintech's first-quarter earnings results beat analysts' expectations on nearly every metric. Now, the second-look lender is looking to partner with regional banks as it builds out its pre-screen and lead generation platforms.
May 12 -
President Donald Trump has signed two Congressional Review Act resolutions nullifying the Consumer Financial Protection Bureau's rule capping many overdraft fees and subjecting large data brokers to regulation.
May 12