PYMNTS

OCTOBER 16, 2020

Harnessing consumers’ digital information is critical to the success of any business, and data analytics and artificial intelligence (AI) can be especially powerful tools. Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies.

Analytics 273

Analytics Data Fraud Tools 273

PYMNTS

JANUARY 18, 2021

Such touchless payment options are being used alongside traditional ones like credit cards and checks. There have also been shifts in how customers pay for goods and services, with s ocial distancing policies making contactless transactions essential and pushing consumers toward payment methods such as bank transfers and digital wallets.

Analytics 319

Analytics Data Risk Management Management 319

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers.

Analytics 266

Analytics Fraud ATM Report 266

Gonzobanker

APRIL 14, 2021

Financial institutions should make data analytics a key component of their revenue growth strategies. Banks and credit unions are going to need to rely on other sources to drive revenue in 2021, and growth analytics should be at the top of the list. Here are five quick wins institutions can realize using business analytics: 1.

Analytics 164

Analytics Cards Lending Strategy 164

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release.

Cards 230

Cards Analytics Innovation Compliance 230

BankBazaar

NOVEMBER 18, 2024

Struggling with Credit Card debt? Credit Card debt can quickly spiral out of control, especially if you’re not able to pay off your balance in full each month. While Credit Cards can offer benefits like reward points, cashback, and interest-free periods, they can become a financial burden if mismanaged.

Strategy 78

Strategy Cards Management Analytics 78

PYMNTS

JANUARY 12, 2021

In a discussion with Karen Webster, Barker and Pettican explored the rise of consumerization of B2B payments and how virtual cards are supporting this evolution without forcing finance chiefs to give up the control and security that is so vital to successful corporate payments. Expanding The Virtual Card Value Prop.

Cards 228

Cards Payments Technology Analytics 228

PYMNTS

SEPTEMBER 30, 2019

American Express has announced a new incentive for small businesses to sign up for its Amazon Business Prime American Express Card. That $100 credit is offered to small businesses regardless of whether they are Prime members, though non-Prime members are only eligible for a $100 Amazon gift card in addition to the $100 statement.

Cards 186

Cards Analytics Security Data 186

PYMNTS

JANUARY 13, 2021

percent had falsely claimed a charge on their credit card was fraudulent to score a refund. Behind-the-scenes analytics or multifactor authentication are widely supported by customers, even though they could result in a slightly more inconvenient customer experience. A survey found that 92 percent of U.S.

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

AUGUST 13, 2020

Barclaycard has rolled out its Barclaycard Payment Intelligence (BPI) offering that harnesses detailed information analytics to give procurement departments a wide view of their supply chains, which allows them to save money, according to an announcement.

Analytics 173

Analytics Resources Payments Fraud 173

PYMNTS

SEPTEMBER 22, 2020

Bank Instant Card, in order to boost expense management for corporates, according to a press release. Tory Passons, vice president of Commercial Card at U.S. Bank, said clients will be able to send virtual cards to an employee or contractor, setting spending limits or expiration dates where needed.

Management 175

Management Cards Mobile Analytics 175

PYMNTS

MARCH 27, 2020

companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. Through real-time analytics and communication tools, the platform supports collaboration across workforces while providing insights into goals and historical trends. ”

Cards 181

Cards Fintech Capital California 181

PYMNTS

OCTOBER 16, 2018

16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in the U.K. The change occurred in June, when 51 percent of in-store card transactions were contactless. Worldpay, the payment technology company, announced Tuesday (Oct.

Cards 184

Cards Payments Tools Retail 184

PYMNTS

OCTOBER 6, 2020

“We know that fraudsters would like to hack the platform either for money laundering or to use stolen cards, looking for a way to swipe them virtually and get this money and then run away.”. Their end goal is largely the same, primarily targeting payments providers to test or use their stolen credit cards.

Analytics 163

Analytics Data Analysis Payments 163

PYMNTS

MAY 20, 2020

With corporate card products offering an opportunity for businesses to manage their working capital, service providers have explored new opportunities to promote adoption of the payment tool. Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities.

Capital 172

Capital Cards Fintech Management 172

PYMNTS

JANUARY 14, 2021

Researchers found that shoppers’ mistrust led to 54 percent choosing one-time guest checkouts, while 37 percent said they are less likely to keep card information on file and 21 percent reported reluctance to purchase more products. Consumers may lack trust in the identity verification process during onboarding, according to one study.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. There are two key aspects to the firm’s effort in reducing virtual card acceptance friction.

Cards 162

Cards Payments Tools Analytics 162

Perficient

FEBRUARY 16, 2023

Card Operations: The ServiceNow Card Operations provides a unified platform for creating and management of cases related to credit card inquiries, including new cards being requested, increasing, or decreasing credit limits, blocking, or unblocking cards, and closing down a card account.

Operations 474

Operations Industry Compliance Management 474

Abrigo

APRIL 2, 2025

Financial crime professionals have developed many best practices for detecting and preventing payment fraud committed using traditional payment methods such as Automated Clearing House (ACH) transactions, checks, wire transfers, and card networks. However, with faster payments comes greater fraud risk. consumers lost over $12.5

Fraud 195

Fraud System Payments Training 195

Perficient

FEBRUARY 12, 2025

Additionally, businesses should explore new revenue models through premium features and address integration complexities with robust data governance and analytics. Advanced analytics and AI integration are becoming essential for improving transaction success rates, fraud detection, and overall business intelligence.

Trends 221

Trends Payments Compliance blockchain 221

PYMNTS

MARCH 19, 2019

First Data , a commerce-enabling technology and solutions company, announced Tuesday (March 19) the launch of Authorization Optimization, a digital commerce tool that optimizes card-on-file transactions to boost revenue for merchants. All of this occurs without customer intervention, noted First Data.

Tools 173

Tools Data Cards Analytics 173

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

OCTOBER 19, 2020

Gone are the days of diners handing waiters a stack of credit cards to split a bill, and instead seamless money transfers occur in a matter of seconds. The app relies on both in-house analytics systems and its financial institution (FI) partners’ security systems to fight these frauds and scams. Leveraging AI To Fight Cybercrime.

Fraud 171

Fraud Analytics System Examples 171

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Cards 150

Cards Google Fraud Management 150

PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

Cards 196

Cards Payments San Francisco Tools 196

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

Cards 153

Cards Data System Payments 153

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Denise Stevens , senior vice president and chief product officer at PSCU , said contextual offers and predictive analytics will help CUs compete more effectively with larger, traditional financial institutions (FIs) — and cement member loyalty. Data Analytics.

Analytics 240

Analytics Fraud Trends Mobile 240

Bank Innovation

JUNE 28, 2019

According to a report released today by data analytics firm GlobalData, increased adoption of contactless […]. The Czech Republic, for example, has seen wide adoption based on infrastructure upgrades from both payment providers and retailers.

US 170

US Analytics Cards Examples 170

Perficient

JULY 27, 2020

If you’re noticing new customers requesting accounts within your business, or new users on your site, you should look at your commerce site analytics and see what these customer demographics look like. Are you currently able to accept credit cards?

Analytics 332

Analytics Technology Strategy Taxes 332

Perficient

NOVEMBER 16, 2020

This means that all financial services institutions that have collections functions (credit card, auto loan, personal loan, mortgage, etc.) Perficient has an offering that combines our capabilities in customer engagement, data analytics, and artificial intelligence to provide what we call “empathy at scale.”.

Analytics 294

Analytics Compliance Cards Operations 294

PYMNTS

NOVEMBER 24, 2020

In an interview with PYMNTS, Jeremiah Lotz , managing vice president, digital experience and payment products at PSCU , said the increasing use of analytic technology, mobile banking and platform models can help credit unions (CUs) anticipate the financial needs of their members — and even compete more effectively with larger banks in the process.

Digital Banking 267

Digital Banking Analytics Mobile Cards 267

Perficient

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Regulation 221

Regulation Risk Management Compliance Fraud 221

PYMNTS

SEPTEMBER 18, 2020

With a focus on optimizing cash flow for merchant customers, EVO Payments has announced a new feature that enables businesses to access funds from card transactions in real time. The company is using Visa 's Visa Direct solution, which wields Visa's card rails to push funds to debit cards.

Innovation 291

Innovation Payments cryptocurrency Cards 291

PYMNTS

JANUARY 6, 2021

The need for integrated data analytics has never been more significant and impactful given our current climate," he said. Inaccurate or incomplete data flooding in from a range of sources, including telematics, fleet management systems, fuel consumption and fleet cards, is blocking managers' view.

Data 253

Data Analytics Management Operations 253

Perficient

JANUARY 28, 2021

How to Build a Hyperintelligence Card: – By leveraging pre-built templates, interchangeable widgets, drag-and-drop card editor, anyone can build powerful cards in just a few minutes. Right click on your chosen dataset and select “Create a new card”. Step 3 – Build Your Card: –.

Cards 309

Cards Data US Analysis 309