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.

Cards 130

Cards Survey Examples Retail 130

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. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

Boston 177

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.

Regulation 181

Regulation Cards Boston Innovation 181

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.

Boston 233

Boston System Online Payments 233

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

PopularBank

DECEMBER 1, 2021

Costs of paying by mail vs. online and mobile banking. On the other hand, mobile and online bill pay from Popular Bank is free and available 24/7. The Federal Reserve Bank of Boston reports that bills represent about 30 percent of overall consumer payments, with most bills being paid by using a card or electronic methods.

Online 98

Online Mobile Fraud Boston 98

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.

Study 101

Study Report Cards San Francisco 101

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

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.

Baltimore 138

Baltimore Boston Chicago Mobile 138

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. Penn Station is going online, and [the MTA] will enable another 50 stations this month. So, when is it coming to Boston?” Yesterday (Dec.

New York 167

New York US Payments Training 167

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

JANUARY 8, 2018

In that 2007 pilot test program, commuters could buy tickets in-person or online and have them delivered to their mobile phones. 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. From paper to digital.

Mobile 161

Mobile Training Boston Alaska 161

PYMNTS

APRIL 5, 2019

It will also upgrade 16,000 ATMs with new features like paying with phones and the ability to pay credit card bills. As more and more people are handling routine transactions online, banks have been slowly reducing the number of branches they have. It said it was going to open branches in Boston, Washington, D.C.,

America 128

America ATM United States Cleveland 128

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Since the pandemic started, Crowe says, more customers are opening online or mobile accounts and making remote payments. Online U.S. By Elizabeth Judd. Education as an anti-fraud tool.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

DECEMBER 31, 2020

According to PYMNTS data, more than 60 percent of Main Street firms have at least three channels operating to drive sales: online, at physical stores and mobile. Seventy-one percent use online channels, 68 percent use physical stores, 66 percent use mobile and 59 percent use marketplaces.

Maine 169

Maine Philadelphia Community Boston 169

PYMNTS

MAY 1, 2018

Mastercard Introduces Remote Biometric Card Enrollment. As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles. Regulators in the U.S.

Regulation 101

Regulation Boston Bitcoin cryptocurrency 101

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. Just under 150 billion — or 148.5

Retail 131

Retail Payments Apple Online 131

PYMNTS

APRIL 19, 2019

The store pays homage to Tivoli’s Boston roots and exposes the brand to existing customers along with (hopefully) new shoppers. But when consumers are ready to make a purchase, the company accepts credit cards as well as cash. As a regular online customer, DePasquale pointed out that what one sees isn’t always one gets.

Retail 144

Retail Branding Boston Online 144

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 74

Massachusetts Cards Report West Virginia 74

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Take PayPal, for example. And the Pays still haven’t. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 15, 2019

Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. Amazon To Build $40M Robotics Innovation Hub Near Boston. Google Dives Into DDAs. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study Retail 169

PYMNTS

MARCH 19, 2018

After all, Boston managed to have a St. According to John Hecht, consumer finance analyst at the investment bank Jefferies, retailers “have become really aggressive at pushing back” and looking for better rates from the card networks. Sometimes, the unexpected is good. Will Walmart Flip Big Into Flipkart? After the U.S.

Data 108

Data Cards Online Retail 108

PYMNTS

NOVEMBER 11, 2019

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

NOVEMBER 26, 2019

Online platform eBay , which is faced with tepid growth in active sellers as well pressures on top-line growth for its core business, has just taken a significant step in its ongoing review of what’s working and what needs to change. 25) that it will sell its StubHub ticketing operations to online ticket reseller Viagogo Entertainment Inc.

United States 130

United States Community Payments Massachusetts 130

PYMNTS

OCTOBER 22, 2018

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Cards Fraud Regulation 134

PYMNTS

NOVEMBER 4, 2019

The release also noted that “gift cards may be redeemed until Nov. Barneys’ flagship locations are in New York City (one on Madison Avenue, the other in Chelsea), Los Angeles, San Francisco and the Back Bay neighborhood of Boston. 7, 2019 in accordance with the bankruptcy court order.”.

Los Angeles 101

Los Angeles New York San Francisco New York City 101

PYMNTS

JANUARY 7, 2021

Online FinTech startup SoFi announced Thursday (Jan. Today, SoFi’s suite of products includes 11 different offerings including a no-fee bank and savings account, debit and credit cards, student loans, mortgages, investments, auto/life/homeowners/renters insurance, as well as lending and planning services for small businesses.

Capital 150

Capital Los Angeles Boston Lending 150

PYMNTS

JUNE 25, 2018

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. Prime Time at the Grocery Store.

Retail 156

Retail Branding Online Millennials 156

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). and was followed by the great cybercriminal migration to the web and card-not-present transactions. I’ve watched the credit card industry almost from the beginning, and we got in early. True in 2009.

Innovation 177

Innovation Payments Cards Retail 177

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

JUNE 9, 2017

Now they can earn points no matter how they pay, even if they opt to use a credit card or cash. The new app is powered by LevelUp , a mobile payments platform created by Boston startup SCVNGR and the force behind PYMNTS’ mobile order-ahead tracker. That’s the biggest win for our guests,” said Rettker. Because they are special to us.”.

Mobile 109

Mobile social media Boston Payments 109

PYMNTS

FEBRUARY 1, 2019

Items available for sale will range from the Air Force 1 drops to The Ten Collection — items that Nike said in an online post are “specific to Atlanta’s vibe.” The store’s concept, which was dubbed Nike NYC, was to blend the online and offline worlds with the help of smartphones. It makes that purchasing much easier.”

Atlanta 127

Atlanta Retail New York City New York 127

PYMNTS

AUGUST 18, 2016

PYMNTS: So, in your opinion, where is the future of the payments industry headed, and will retailers ever be able to figure out the $4 trillion online cart abandonment issue ? AK: The next two years in the world of payments is going to be unlike anything you have seen in the world of online payments in the last 10 or so years.

Apple 100

Apple Payments Retail Online 100

PYMNTS

NOVEMBER 29, 2019

Amazon has opened an online store , establishing a presence on Chinese online shopping site Pinduoduo. The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region.

Google 129

Google Mobile Data Capital 129

PYMNTS

MARCH 6, 2017

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

Retail 101

Retail Payments Boston Innovation 101

Independent Banker

DECEMBER 13, 2015

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. View credit card balances, transaction history. Stop payment requests.

Community Bank 70

Community Bank Boston Community Iowa 70