PYMNTS

AUGUST 14, 2020

In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.

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San Francisco Boston Policies Massachusetts 283

PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

NOVEMBER 23, 2020

As the Mobile Order-Ahead Tracker® states, “AI can be leveraged to analyze and tally credit card transactions similar to how banking transactions are examined. To illustrate how AI adoption is playing out in the field, the November Mobile Order-Ahead Tracker® contains a deep dive on the efforts of the Colorado-based Boston Market chain.

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Mobile Boston Fraud Colorado 289

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Retail 147

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

PYMNTS

NOVEMBER 17, 2016

cities may get a bit cheaper through the use of prepaid cards, thanks to Uber. Uber said on its website that riders can use commuter prepaid cards to pay for uberPOOL, its carpool ride service. Uber also said that existing users can add these benefits to their payment options by adding the prepaid card number.

Cards 100

Cards New York City Boston Washington 100

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . percent of cards in circulation at that time were capable of making such payments. percent of U.S.

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Cards Survey Examples Retail 130

PYMNTS

APRIL 15, 2016

New research published by the Harvard Kennedy School of Government’s Mossavar-Rahmani Center for Business and Government found that regulation is stifling access to credit cards and that the trend is bad news for small business owners. Credit cards are essential for small business financing ,” the researchers said in their announcement.

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Cards Report Boston Regulation 100

PYMNTS

MARCH 22, 2019

From mobile ticketing to digitizing commuter cards and enabling contactless payments, Mastercard has already embedded its technology in 16 metro areas including Los Angeles, Boston and Denver to make getting from Point A to Point B as simple as buying a morning cup of coffee,” the company said. “At

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Los Angeles New York City Payments Denver 193

Chris Skinner

JULY 23, 2017

Credit and debit card surcharges to be banned – BBC The worst offenders are airlines and food delivery apps, the government says. Credit and debit card surcharges to be banned – BBC The worst offenders are airlines and food delivery apps, the government says.

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Boston Bitcoin Innovation Conference 171

PYMNTS

AUGUST 10, 2018

The winner will score a McGold Card that gives two free meals a week over a 50-year period, USA Today reported. The news also comes more than a year after a McDonald’s in Boston was to activate what it called a “customized digital Big Mac ATM.” According to the contest’s website , the prize is worth $52,350.

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Online Cards ATM Boston 105

PYMNTS

NOVEMBER 24, 2020

The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 The Toast platform facilitates and streamlines dine-in restaurants’ move to takeout and also enables easy gift card sales. billion valuation pre-pandemic in February.

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Boston National Tools Cards 231

PYMNTS

DECEMBER 18, 2020

Customers in Baltimore, Boston, Chicago, Dallas, Los Angeles, New York, Philadelphia, San Francisco, Seattle and Washington, D.C. Some curbside customers will also receive complimentary gifts like free unlimited coffee cards, holiday Nordy Bars, Sugarfina cubes and more, the company said. for a $20 fee.

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Los Angeles San Francisco New York City Baltimore 208

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

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Boston Security System Cards 177

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

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Regulation Cards Boston Innovation 181

PYMNTS

NOVEMBER 26, 2018

Cubic said that some of the contactless technology , software and equipment developed for Sydney will be in Cubic projects that will be rolled out over the course of the next few years in cities such as New York, Boston, and San Francisco. That is being made possible by recent contract wins by the company.

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Training System San Francisco Payments 182

Perficient

NOVEMBER 30, 2022

Among its attendees were representatives from The Clearing House (TCH), The Federal Reserve Bank of Boston, and SWIFT, along with some of the largest financial institutions in the U.S. . These services are different from NACHA’s “Same Day ACH,” or Card Network solutions. Themes & Takeaways .

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Fraud Management Payments New York City 275

PYMNTS

JUNE 14, 2020

The decision to impose hold times followed a report that revealed that from mid-March until the end of April, credit card holders contested three times as many purchases as they did before the pandemic, according to Aite Group, a Boston-based financial services industry research company, as reported by WSJ.

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San Francisco Boston Washington Software 221

PYMNTS

NOVEMBER 27, 2019

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Putting Fuel Cards on the Road. Putting Fuel Cards on the Road.

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Tools Boston Massachusetts Cards 130

PYMNTS

JUNE 6, 2019

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Customers] recognize the reader [I use],” Kim said.

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San Diego Boston Cards New York 137

PYMNTS

NOVEMBER 26, 2019

Many card-based solutions have recently debuted, aimed at helping businesses to more easily track expenses, and gain insights into how company funds are spent in the field. The solution also allows managers to set limits on how much money can be spent with the cards, and cancel or freeze them at any time, if necessary. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

PYMNTS

DECEMBER 6, 2019

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice (DCPC) detailed the cash and non-cash payment behavior of U.S. made over half of their payments with cards (debit, credit and prepaid) at 54 percent or 23 payments.

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Study Report Cards San Francisco 101

PYMNTS

NOVEMBER 4, 2016

PYMNTS recently caught up with Ben Morris, founder and chief pedicab officer at Coaster Pedicab, which owns and operates bicycle taxi companies in more than a dozen cities, including Boston, Chicago and Washington, D.C., We’re obviously moving into a world of plastic, certainly more than we’re using cash,” he said.

Cards 100

Cards Payments Mobile Industry 100

PYMNTS

MAY 10, 2018

If the longest journey begins with a simple step, might the streamlined journey begin with a simple tap of the card? Late April saw the debut of the HOLO card, used for Oahu Transit, a project in which the cards are to be used across the system’s busses and a rail system being built out over the next several years. How bustling?

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Hawaii Cards San Francisco Honolulu 100

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. The OrderUp acquisition from Groupon ended on similar terms, with Groupon customers gaining coupon codes and gift cards to certain Grubhub-participating restaurants.

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Baltimore Boston Chicago Mobile 138

PYMNTS

JANUARY 15, 2021

Despite that, there have been early studies of such payment methods at the central bank’s Boston location, CoinDesk reported. The Chinese efforts have slowly begun to involve the central bank controlling and tracking digital fiat, with its own direct issuance and existing card networks working together.

Boston 168

Boston Bitcoin cryptocurrency Study 168

PYMNTS

SEPTEMBER 14, 2020

USA Today reported the “Uber Eats Contactless Order Feature” allows users to pay the tab with the app while at a restaurant to eliminate the use of bill holders, credit cards and pens. The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C.

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San Francisco Indianapolis New York City Vermont 190

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. The report also highlights complaints from consumers in Massachusetts and the Boston metro area. On April 13, 2017, from 12:00 p.m. ” Click here for more information and a link to register.

Massachusetts 89

Massachusetts Cards Report West Virginia 89

PYMNTS

MARCH 25, 2019

Loading funds onto a prepaid card that opens the turnstile once scanned, swiped or inserted works terrifically well – until the customer forgets to check the balance on his transit pass, and finds himself locked out at the turnstile. What better to get top-of-wallet relevance than embedding a contactless chip in your card?”

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New York City Los Angeles New York Training 179

PYMNTS

OCTOBER 12, 2020

And in at least one cue for CBDC design to be taken from cash, the BIS stated that the digital currencies should be as “easy as using cash,” in transactions that can be done through tapping card or scanning a mobile phone, in a bid to encourage adoption and accessibility. In an interview with Karen Webster published Monday (Oct.

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Boston System Online Payments 233

Payments Source

JANUARY 9, 2017

Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer-lending business.

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Lending Cards Boston Massachusetts 60

PYMNTS

DECEMBER 12, 2019

11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S. Yesterday (Dec. sometimes D.C.,

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New York US Payments Training 167

PYMNTS

SEPTEMBER 23, 2020

23) that they have closed on a deal with the Boston-based software and eCommerce company for $155 million in a Series E round of financing. Salsify’s calling card is its CommerceXM platform , which enables companies to coordinate a wide range of eCommerce activities “through one technology stack.”

Boston 154

Boston Branding Online Analytics 154

PYMNTS

JULY 27, 2019

She was able to provide both Instagram and credit card evidence of having bought the burgers on the other side of the country several hours prior to Boehm’s discovery. And when Boston area consumers ran into the boxes, their first thought wasn’t “viral marketing stunt” – it was “bomb.” But they didn’t.

Marketing 202

Marketing Boston Training social media 202

PYMNTS

JUNE 25, 2020

The Boston-based FinTech said its education payments platform will now give students the ability to change payment methods from month to month, or to seek a lower payment or a temporary break, depending on their circumstances.

Payments 162

Payments United States Boston Study 162

PYMNTS

JULY 5, 2017

Before Uber in Boston, where I live, trying to get a taxi reliably was not only friction-filled, it was infuriating much of the time — something that a study conducted by the city of Boston in 2013 on the taxi industry bore out. That was on a day without bad weather, something Boston never has.

Boston 124

Boston Regulation Innovation Study 124

PYMNTS

JANUARY 8, 2018

with a platform called JustRide, which is a cloud-based collection of railways, and we launched in Boston with the city’s commuter rail service,” Donovan said. In 2012, we moved beyond the U.K. From there, we’ve moved to a number of different agencies, not just in the United States but around the globe.”. Something for everyone. “I

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Mobile Training Boston Alaska 161