Newswire SummariesWASHINGTON, May 10, 2024 – The Merchants Payments Coalition today agreed with Senator Richard Durbin that airline industry practices are the biggest threat to credit card rewards and that more competition would help consumers earn better benefits and savings. “It is their own questionable practices that threaten American consumers’ ability to redeem rewards,” Durbin said, referring to banks and airlines. “Modern-day airlines have become credit card companies that also happen to ow...
05.09.24 In A Speech On The Senate Floor, Durbin Calls Out Airlines For Their Deceptive Tactics On Frequent Flyer Rewards Programs As The Senate Continues To Negotiate FAA Reauthorization, Durbin Praises The Bill For Including A Provision To Create An Assistant Secretary Position For DOT’S Office Of Aviation Consumer Protection WASHINGTON – In a speech on the Senate floor today, U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, called out the...
Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership May 10, 2024 12:09 PM Eastern Daylight Time NEW YORK--(BUSINESS WIRE)--Bilt Rewards (“Bilt”), the leading payments and rewards platform, announced today that Douglas Elliman, a major independent residential real estate brokerage with one of the largest property management divisions in New York City, is the first major condo and co-op property management firm to join the Bilt Rewards Alliance. Douglas...
BOSTON, May 10, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that the Company's management team will be attending the following upcoming investor conferences: On Tuesday, May 21, 2024, the Company will attend the J.P. Morgan Technology, Media & Communications Conference in Boston, MA. They will participate in a fireside chat discussion which will begin at 4:25pm ET. On Wednesda...
TOKYO, May 10, 2024 /PRNewswire/ -- Tusima is an infrastructure that bridges Web3.0 with real-world business, dedicated to establishing RWB (Real-World Business) entirely on the efficient, low-cost, decentralized networks of Web3.0. It aims to leverage transformative innovation infrastructure to unlock the full potential of real-world commerce by integrating Web3.0 into business operations. This integration enhances business scenarios, broadens funding avenues, reduces funding costs, minimizes c...
LONDON, May 10, 2024 /PRNewswire/ -- COCA, the world's first MPC wallet with a non-custodial debit card, is excited to announce that Pavel Matveev, the Founder of Wirex, a leading Web3 money app, has joined its team as a Strategy and Product Advisor. Under the visionary leadership of Pavel, Wirex has soared to unprecedented heights in the digital finance sector. Today, boasting an expansive network of over 6 million customers across 130 countries, Wirex stands as a beacon of innovation and ...
NEW YORK, May 8, 2024 (Newswire.com) - Fractal, a new fintech platform exclusively servicing SaaS companies, today announces the launch of the most efficient payment processing services in the U.S. Founded by industry veterans, Fractal is taking household names in the payments industry head-on by offering simpler service with up to 30% savings. Payment companies often try to compete with each other on price by single basis points, fractions of a percent — one basis point is 0.0001%. Stil...
May 9, 2024--ATLANTA -- NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.3 billion-asset Palmetto Citizens Federal Credit Union has selected Atleos’ Allpoint Network to deliver more convenience and choice to their members’ banking experience. Palmetto Citizens serves more than 83,000 members in communities across South Carolina. The credit union has an exis...
Miami, May 9, 2024—Flex is delighted to announce the appointment of Ken Pilot, a highly respected and experienced operator and thought leader in the Retail industry, to its strategic advisory board. Ken will support Flex’s’ continued growth by boosting the company profile, advising on product development, and helping to create new business opportunities. Ken has over 30 years of retail, C-level operating experience at Gap, J.Crew, Ralph Lauren, American Eagle, and ABC Carpet&Home. ...
QUEBEC CITY, May 9, 2024 /PRNewswire/ -- Volet.com payment platform announces the launch of its prepaid cards in USD available in most supported countries, making these cards the company's product with the widest international coverage. Existing Volet.com cards usually target specific regions and countries, like its most popular Europe cards for the European Union and a few select countries outside the EU. The new Global Plus cards are available to verified Volet.com users in most supported coun...
Merchants, Durbin agree airlines undermine credit card rewards
Durbin calls out airlines for deceptive frequent-flyer program tactics
Bilt Rewards, Douglas Elliman Property Management team up
Flywire to attend upcoming investor conferences
Tusima, Netstars team up on offline consumer points
Wirex founder Pavel Matveev joins COCA Wallet
Fractal boasts cheapest payment rails in U.S.
Palmetto Citizens FCU, NCR Atleos deepen partnership
