PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. It was also the first platform to introduce a cashback service for online shopping and recently added support for Swipe’s cryptocurrency Visa cards. has seen slow adoption compared to other regions.

Samsung 230

Samsung Management Cards Regional 230

Bank Innovation

JANUARY 23, 2018

EXCLUSIVE – Bank of America Merrill Lynch has added a new feature to its Virtual Payables product, an offering which allows its commercial clients to automate post-invoice payments.

America 220

America Payments Online Cards 220

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

JANUARY 20, 2021

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. Employees Lack Access To Corporate Cards. WEX Links MYOB Users To Card Payments. Plastiq Loops Into QuickBooks.

Cards 195

Cards America Survey Data 195

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings announced on Wednesday (Sept.

Retail 230

Retail Cards Payments New York 230

Bank Innovation

SEPTEMBER 13, 2018

Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients. As of today, corporate cardholders in the U.S. can now use BofA Merrill Lynch mobile wallet on Apple Pay, Google Pay, and Samsung Pay.

America 170

America Mobile Samsung Apple 170

Bank Innovation

DECEMBER 8, 2017

EXCLUSIVE – Bank of America has rolled out a series of features and upgrades to its mobile banking app including a timely partnership for the holiday season with Blackhawk Network Holdings’ gift card marketplace Gift Card Mall.

America 170

America Mobile Cards Management 170

Bank Innovation

FEBRUARY 23, 2018

EXCLUSIVE – Wells Fargo will not be joining some of the other big banks in banning its customers from purchasing cryptocurrency with their credit/debit cards, Bank Innovation has learned.

cryptocurrency 284

cryptocurrency Cards Innovation Groups 284

PYMNTS

APRIL 25, 2019

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.” Some of the brands working with the company include Rothy’s, Untuckit, Everlane and Eloquii.

Online 164

Online America Capital US 164

PYMNTS

OCTOBER 15, 2020

But bank earnings are showing that loan loss reserves were more conservative than needed (at least for now) and that in some cases, consumer spending and card activity might be emerging from the most recent depths spurred by the pandemic. At least in terms of third-quarter results that gave insight into card spending and charge-offs.

America 171

America Cards Mobile Management 171

PYMNTS

APRIL 10, 2019

Bank of America is making changes to its cash-back small business credit card, reports in NerdWallet said this week. The biggest change to the bank’s Business Advantage Cash Rewards Mastercard small business credit card is a lower cap on bonus rewards. Qualifiers can see their 3 percent cash-back category elevate to 5.25

America 115

America Cards Analysis Management 115

PYMNTS

APRIL 13, 2020

This week, Wells Fargo , JPMorgan Chase , Citigroup , Bank of America and Goldman Sachs will report results for the March quarter and are likely to show volatility, to put it mildly, rocked by the impacts of the coronavirus, which spread like wildfire through the world beginning in January. The pressures will come across all fronts.

America 312

America Cards Mobile Report 312

PYMNTS

JUNE 25, 2019

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. This digital debit card has the same protections and benefits of a physical debit card and is immediately available to use in the mobile app.

Cards 132

Cards America Mobile ATM 132

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

JULY 16, 2020

Bank of America reported Thursday (July 16) that that the number of customers using the firm’s mobile and digital platforms grew during the second quarter even as the pandemic raged. Bank of America also reported that sales and trading revenue rose 35 percent to $4.4 consumer cards, down from $161.5 consumer cards vs. $93.6

America 144

America Mobile Cards Community 144

PYMNTS

JULY 6, 2020

According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported. Bank of America’s analysis, led by Robert Ford , raised the target price to $1,100 in a June 9 report.

Online 150

Online America Groups Analysis 150

PYMNTS

JULY 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. In its Q2 2019 financial release , Bank of America also gave updates on its mobile and digital efforts. In all, Bank of America now has 37.3

America 119

America Payments Cards Mobile 119

PYMNTS

OCTOBER 19, 2020

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers, turning their card spending into a method for generating value. They agreed that the trouble involves fragmentation and accessibility.

America 283

America Regional Cards Tools 283

PYMNTS

MAY 6, 2019

As Nanu told it, the ongoing spread of faster payments can serve to not only build a stronger commerce and payments ecosystem for Asia and elsewhere, but make credit cards less important to the further growth of the world’s digital economy. Credit Cards. That might include insurance or multi-currency travel cards.

Cards 202

Cards Payments Regional Operations 202

PYMNTS

JULY 15, 2019

Card delinquencies have remained steady at Bank of America , which reported June credit card delinquencies of 1.56 According to news earlier in the month, large credit card issuers in the United States reported lower delinquencies in May. The figure registered at the same rate as the prior month, SeekingAlpha reported.

Cards 122

Cards America United States Comparison 122

PYMNTS

OCTOBER 16, 2019

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. In its Q3 financial release , Bank of America also gave updates on its mobile and digital efforts. In all, Bank of America now has 38 million active digital banking users, along with 28.7

America 116

America Payments Mobile Cards 116

PYMNTS

JANUARY 19, 2021

“With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. As more brands embrace eCommerce, he added, joining online platforms solves only some of the challenges of international, cross-border efforts — namely, setting up digital storefronts and reaching consumers.

Branding 322

Branding Taxes Fraud Regulation 322

Bank Innovation

MARCH 20, 2018

EXCLUSIVE- Bank of America will now let its mobile users add multiple credit and debit cards to their PayPal account directly from BofA’s mobile app. With 24 million users, mobile banking is becoming increasingly important to BofA’s growth strategy.

America 236

America Mobile Strategy Cards 236

PYMNTS

APRIL 5, 2019

Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. We have been very encouraged by the initial results of our center redesigns and expansions,” said Aron Levine, head of Consumer Banking and Investments for Bank of America.

America 128

America ATM United States Cleveland 128

PYMNTS

JUNE 24, 2020

The carriers preload the Adfone platform onto devices or SIM cards. “We’re With the proceeds from the funding round, the company will expand its international presence beyond Latin America, Europe and the U.S., Drilling down into Adfone’s core market — prepaid mobile phone users — Boroff said “many people in the U.S.

Mobile 201

Mobile Online Payments Video 201

PYMNTS

OCTOBER 18, 2018

17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure. The company is also working with issuers, including Citi and Fifth Third Bank, to convert cards on file into tokens.

Cards 150

Cards Security Online Branding 150

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

Cards 150

Cards Innovation Management Tools 150

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In

United States 286

United States Regional America Trends 286

Bank Innovation

APRIL 20, 2016

Bank of America is now offering its customers free access to their credit scores within the bank’s website, according to an email sent to customers today. The functionality is provided by the credit bureau TransUnion. Customers can now enroll to receive monthly updated Fico scores through email, by logging in their Read More.

Online 150

Online America Operations Cards 150

PYMNTS

AUGUST 13, 2020

B2B FinTechs are once again showing the different use cases for corporate card technology and how these offerings add value to the enterprise. While Comdata will connect CarrierHQ fleets with access to its OnRoad Card, Convoy rolled out a new fuel card that provides trucking companies with discounts on fuel. In the U.A.E.,

Cards 141

Cards Payments Fintech Examples 141

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. But put the same consumer online and the story is very different.

Security 267

Security Fraud Data Online 267

PYMNTS

FEBRUARY 28, 2020

We continue to see steady growth in mobile banking, online banking, enhanced ATMs, remote deposit capture, etc., Conrad also said the bank is working to make sure all of its customers have access to online banking. The company has made its intentions known by filing applications with the Office of the Comptroller of the Currency.

Capital 209

Capital ATM Customer Experience Cards 209

PYMNTS

NOVEMBER 20, 2019

Online sales during the season are expected to soar, with recent estimates projecting gains of 14 percent over last year to $143 billion. Where brick-and-mortar had once been their hunting ground, card-not-present transactions are increasingly in the crosshairs. The malicious script was found at 17 merchants.

Online 142

Online Fraud Security Cards 142

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Our mission — to stimulate local borrowing and local lending — is well aligned with ICBA Bancard and its community bank clients.

Community Bank 190

Community Bank Community Lending Cards 190

PYMNTS

JANUARY 31, 2021

The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. In addition to small businesses, accounting firms in North America and Europe use, refer, and resell the platform today in connection with their customers.”. FLEETCOR is based in Atlanta.

San Francisco 213

San Francisco Atlanta America Cards 213

PYMNTS

DECEMBER 13, 2018

13) the rollout of Ingo Money QuickConnect, which is a service that lets any company issuing money to customers to offer push-to-card payments via Visa Direct. ” Ingo Money pointed to an Aite Group study that found customers want to get paid instantly, with 80 percent favoring direct-to-card payments. ”

Cards 139

Cards Payments America Study 139