Paycast will leverage Marqeta's modern card issuing platform and the Mastercard network to empower marketplaces with payment solutions that help platforms and sellers grow with fewer limitations. Marqeta
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New Marqeta survey shows that 68% of people surveyed in the UK are more concerned about fraud since the start of the pandemic, with 79% believing banks should more accurately predict fraudulent transactions Marqeta, the global modern card issuing platform, today released the annual findings of a survey of more than 2000 UK and US consumers, looking at their attitudes and experiences regarding financial fraud. The survey revealed that COVID-19 has been hugely impactful, with 68% of UK respondents reporting being more concerned about fraud since the start of the pandemic. Almost 1-in-5 (19%) of UK adults surveyed by Marqeta reported becoming first-time victims of fraud in the last 12 months, a significant increase from last year s findings from Marqeta s 2020 Fraud Report. This figure rises to 31% among 18-34-year-olds. Under this heightened concern, UK consumers feel banks need to do more to protect their customers, with four-in-five (79%) UK respondents saying they believe
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Marqeta: SMEs More Reliant Than Ever on Digital Services in Wake of COVID-19
With 84% of SMEs feeling frustrated by lacklustre business banking offerings, banks must accelerate digital innovation roadmaps to retain customers and attract new ones Marqeta, the global modern card issuing platform, today released a new report highlighting SME frustrations with business banking services. The survey showed that digital banking services have been vital for SMEs during the past year, with almost four-in-five (78%) saying the COVID-19 outbreak has made them more reliant on digital banking than ever before. Yet despite the increase in demand, 84% of SMEs are frustrated with their business banking experience, while three quarters say banks must do more to offer a better digital experience.
Marqeta Partners With Tymit to Power New Credit Card Offering
Marqeta Partners With Tymit to Power New Credit Card Offering Marqeta, the global modern card issuing platform, announced today that it has partnered with London-based credit card provider Tymit to power a new generation of borrowing that hands greater control to consumers. Mobile-enabled Tymit aims to position itself as a fairer credit card that allows users to opt for buy now, pay later instalments or access traditional credit if desired. App-based, Tymit does away with minimum payments and gives customers the ability to create bespoke repayment plans, with interest paid on purchases rather than across the entire balance.