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Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households

PYMNTS

Roughly 8 million stimulus check Visa debit cards are being mailed to households this week, the U.S. Treasury Department said in a press release on Thursday (Jan. The Economic Impact Payment (EIP) cards were issued by MetaBank, N.A. Department of the Treasury seal.”

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Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

Consumers are also changing how they pay for their purchases, with a recent study finding that debit card spend was up 11.7 Consumers today are especially likely to use their debit cards for their eCommerce purchases or to make in-store purchases with mobile wallets, and card-not-present (CNP) transactions represented 43.1

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BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs

Fintech Finance

Additionally, many treasury management systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. CashPro APIs is the ideal solution—it’s brought automation to our treasury and increased efficiency for my team.” This network of 55 TMS and ERPs has helped fuel the surge in API adoption.

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Mastercard: COVID-19 Is Prompting Treasury Banks To Prioritize Digital Payments

PYMNTS

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

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Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid Debit Card

PYMNTS

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid debit cards. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card.

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Visa, FIS boost value-added card services

Payments Dive

Among the credit and debit card issuing services that Visa and FIS are offering to financial institutions are a digital campaign manager for their marketing teams; a branded digital wallet link; and e-commerce fraud mitigation.

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Today In Digital-First Banking: BBVA To Close Simple Bank; Stimulus Debit Cards Mailed To 8 Million Households

PYMNTS

In today’s top digital-first banking news, clients of BBVA subsidiary Simple Bank are reportedly getting emails telling them that Simple is closing and the intent is to move them to BBVA, while the Treasury Department announced that stimulus Visa debit cards are being mailed to homes. The MetaBank, N.A.-issued