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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

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Citigroup Adds The Ability To Dispute Charges Through Mobile App

PYMNTS

Citi claims it is the only credit card issuer in the U.S. Credit cardmembers can submit a merchant dispute on posted charges for a host of reasons that include damaged items, returned goods and duplicate charges, among other things. to provide this feature on a mobile app.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

Federal Trade Commission even took up this issue when filing a complaint against commercial payments conglomerate FLEETCOR in December, alleging the company charged “at least hundreds of millions of dollars in unexpected fees” for use of its fleet card and other commercial card products. Autumn: What’s Ahead.

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Discover’s Q4 Revenue Narrowly Misses Wall Street Expectations

PYMNTS

The company’s return on equity for the fourth quarter of 2018 was 25 percent. Our disciplined focus on delivering profitable growth continued to drive solid operating performance and strong returns in the fourth quarter,” Roger Hochschild, CEO and president of Discover, said in a press release. “For

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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed’s innovative offering will include a no-fee credit card with features such as no hidden charges for international use, zero-interest on purchases for up to 31 days, and an advanced app with real-time transaction monitoring and security features like card freezing and unlimited virtual cards for secure online transactions.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Annual Percentage Rate (APR) The annual interest rate charged by a credit card issuer on outstanding balances.

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US Bankcard Industry Benchmarking Trends: 2022 Q1 Update

FICO

Coming out of the pandemic, many consumers have returned to pre-pandemic life, but macroeconomic factors have also halted progress. Overall credit card utilization has been trending back up but is more a function of credit limits rather than increasing balance. These changes to credit limit management led to a 30.9%