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. Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. has seen slow adoption compared to other regions.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

MARCH 23, 2018

In financial services today, security and innovation can work with each other, and against each other. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Passwords remain commonplace, despite the evolution of security technology.

Innovation 186

Innovation Security Technology Customer Experience 186

Bank Innovation

JANUARY 24, 2018

Payments provider Mastercard has issued a deadline for the availability of biometric authentication across its cards, stating that all customers will be able to use fingerprints or facial recognition for verification by April 2019.

Cards 342

Cards Branding Payments Online 342

PYMNTS

FEBRUARY 27, 2019

Commercial card company Brex is rolling out a new card product designed to meet the specific needs of eCommerce businesses, the firm said in a press release Tuesday (Feb. When Brex first launched its initial commercial card solution last year, the company targeted technology startups. “Brex sees the world differently.

Cards 185

Cards Capital Software Meeting 185

Payments Source

AUGUST 8, 2019

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

Apple 167

Apple Cards Branding Technology 167

Payments Source

MARCH 25, 2019

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

Apple 160

Apple Cards Branding Technology 160

PYMNTS

OCTOBER 17, 2018

A new report from the Federal Trade Commission (FTC) says that fraudsters are increasingly requesting to be paid with gift cards, with some even asking for certain brands such as Google Play and iTunes gift cards. Google Play cards were not reported in significant numbers until this year.

Cards 174

Cards Payments Fraud Google 174

PYMNTS

SEPTEMBER 9, 2020

In July, Mastercard announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. The Mastercard-branded payment cards promise to allow consumers to pay with cryptocurrency.

cryptocurrency 330

cryptocurrency Regional Survey blockchain 330

PYMNTS

SEPTEMBER 15, 2020

“With the increasingly high numbers of online shoppers in the wake of COVID-19 , we are committed to providing solutions that lay the groundwork for the next generation of simple, secure and better ways to pay,” Stacey Madge , president and country manager of Visa Canada, said in the announcement. The news comes as Visa said on Jan.

United States 291

United States Security Retail Cards 291

PYMNTS

NOVEMBER 23, 2018

To counter fraud as the holiday season approaches, Best Buy , Target and Walmart made changes to their gift card programs. With the new policies, changes include lowering the transaction limits on the sale of store-branded gift cards. They also come amid an initiative to take on fraudsters that has run for a year. “By

Fraud 156

Fraud Cards Retail New York 156

PYMNTS

FEBRUARY 11, 2020

More recently, today email cybersecurity firm Vade Secure announced the release of its own research on the most common mechanism through which cyberattackers commit their ransomware scams: phishing attacks. B2C Brands’ B2B Risks. “We leave clues all over the place — on websites, social media, etc. —

Branding 146

Branding Security Trends social media 146

Accenture: Banking

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Credit card profitability remains attractive for banks with our ROA proxies increasing 43 bps YoY?. New partnerships.

Cards 177

Cards US Taxes Apple 177

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

Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. 2021 And Beyond.

Fintech 322

Fintech Cards Lending FDIC 322

PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards.

Cards 224

Cards Course Security Fraud 224

PYMNTS

NOVEMBER 14, 2018

14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019. said the rollout will be done on an ongoing basis, spanning when customers open up new accounts or have cards that are renewed. 1 card issuer in the U.S. – Chase – the No.1

Cards 144

Cards Security Innovation Branding 144

PYMNTS

OCTOBER 5, 2020

The retailer said the move will allow customers to complete in-person transactions using PayPal or Venmo account balances or linked bank accounts or payment cards without the need to touch a keypad or present a payment card. But just like shoppers, many store employees also worry about the risks of handling cash and credit cards.

Payments 360

Payments Cards Retail Branding 360

Accenture: Banking

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Despite ongoing rewards competition, card profitability remains strong. Retail Card, Payment Solutions, and CareCredit).

Cards 150

Cards US Capital Apple 150

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

Cards 160

Cards Payments Fintech Innovation 160

Perficient

SEPTEMBER 15, 2020

You can get started by mapping the customer journey, uncovering pain points and opportunities across their interactions with your brand. Then widen your inquiry to learn from your customers as they interact with brands well outside your industry. How do they address problems like the ones you’re attempting to solve? 1 Gownder, J.,

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. shoppers made 72.7

Cards 141

Cards Payments Security Fraud 141

PYMNTS

OCTOBER 15, 2018

Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. Visa and Mastercard designed the 3DS protocols and provide them under the names Verified by Visa and Mastercard Secure Code. Others point out that while 3DS 2.0

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. And there’s the fact that consumers still love and use their physical cards.

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

JULY 8, 2019

In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. Nomura Securities International, Inc. served as financial advisor and Ater Wynne LLP served as legal advisor to SOLE.

Cards 139

Cards America Leadership Resources 139

PYMNTS

JUNE 26, 2019

In India, meanwhile, eCommerce-focused fashion company Myntra followed a different automated retail model, and opened a new cashierless store, selling items from its Roadster outdoor lifestyle brand. Mobile payments have yet to displace cash or card payments in the U.S., Get the full story in the Tracker. Read more in the Tracker.

Security 156

Security Retail Houston Mobile 156

PYMNTS

NOVEMBER 3, 2020

But for prepaid debit card firm Netspend — which spent much of the past year making just such a transition — the challenge wasn’t as much a matter of changing technology as it was of changing the company’s mindset. Creating financial access for the unbanked and underbanked through prepaid cards remains a corporate priority.

Austin 281

Austin Branding Cards Texas 281

PYMNTS

JULY 30, 2019

A press release Monday (July 29) said Certify/ChromeRiver have reached a deal to acquire Emburse , a startup that provides virtual and physical commercial cards to manage employee spend as well as vendor payments. The company connects business managers to heightened visibility into employee spend and greater control over corporate expenses.

Cards 143

Cards Management Operations Policies 143

PYMNTS

SEPTEMBER 29, 2020

The release said doing so is a way to both clear up confusion for customers and also to allow brands a way to establish more presence. Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary.

Online 243

Online Guidelines Study Fraud 243

Payments Source

NOVEMBER 11, 2020

EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. (..)

Mobile 127

Mobile Cards Guidelines Branding 127

PYMNTS

NOVEMBER 16, 2020

Securities and Exchange Commission issues a dire fraud warning. Securities and Exchange Commission in October alone as the SEC warns that cyberattacks against corporations are on the rise. 155 percent more cases of invoice and payment fraud hit organizations from Q2 to Q3 , the latest analysis from Abnormal Security has found.

Fraud 242

Fraud Security Data Cards 242

Bank Innovation

FEBRUARY 21, 2019

to offer a jointly developed credit card with Goldman Sachs Group Inc. and not with Synchrony Financial, MoffettNathanson analyst Lisa Ellis said, since Synchrony dominates the market for co-brand offerings. It would be “odd” for Apple Inc. Goldman must be offering Apple a very good deal,” Ellis said by email.

Apple 150

Apple Cards Branding Groups 150

PYMNTS

JANUARY 29, 2020

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also looking at ways to take advantage of the unique challenges in particular industries. Mastercard Expands EU Biz Card Offerings.

Cards 141

Cards Industry Management Tools 141

PYMNTS

OCTOBER 1, 2020

Mastercard provided the example of Michelle Cadore, a small business owner who founded the Yes I Am clothing brand and DA Spot NYC, a Brooklyn boutique, that was forced to close for six months when the pandemic hit. Last week, Mastercard expanded its Digital-First Card Program to access card data in a speedy, secure manner.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

JULY 24, 2018

Launching in October in two key markets, Mexico and the Philippines, MoneyGram will expand its options in which receivers from those markets may receive and use funds instantly — via their bank-issued Visa-branded debit card or Visa-branded prepaid card — and senders may choose the option by which to send those funds.

Branding 223

Branding Cards Marketing Payments 223

PYMNTS

JULY 2, 2020

PYMNTS’ Credit Union Innovation Playbook found that nearly 50 percent of the 2,000 CU members polled said they want their financial institutions (FIs) to focus on loyalty innovations, such as rewards offerings, in-app coupons and card-based cash back programs. The Member-CU Loyalty Disconnect . Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

DECEMBER 16, 2019

Mastercard is partnering with CleverCards and Appreciate Group to offer gift cards directly to mobile wallets, Mastercard announced in a press release on Monday (Dec. The Select Digital Gift Card can be sent immediately by email, text or messaging app, and is available now as a last-minute Christmas present. billion in 2019.

Cards 131

Cards Mobile Groups Compliance 131