PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Barclaycard Debuts V-Card For Expense Management.

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Cards Innovation Management Payments 286

PYMNTS

NOVEMBER 16, 2020

They have paid down their credit cards. The main one centers on the drop in credit card spend. A new report from TransUnion shows that average consumer-level credit card balances have declined during the course of the COVID-19 pandemic and now stand at $5,075 as of Q3 2020, down from $5,668 in Q3 2019. Here’s the scenario.

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Cards Retail Survey Trends 302

South State Correspondent

OCTOBER 24, 2024

Right on target, the Consumer Financial Protection Bureau (CFPB) released the final version ( HERE ) of the much-anticipated Section 1033 rule on consumer financial data rights this week. The Rule now gives consumers greater control over their financial data and the ability to share it securely with third-party service providers.

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Data Security Fintech Resources 221

PYMNTS

JUNE 24, 2020

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. Telegram reportedly said much of the leaked data ended up being outdated, with 84 percent of it being collected before mid-2019 and around 60 percent of it being inaccurate.

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Data Fraud Report Cards 288

PYMNTS

AUGUST 14, 2020

“Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. The Challange With Card-Not-Present Transactions . data they can do exactly that. “If The card networks have also confirmed that 3DS 2.0

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Cards Fraud Retail Security 293

Payments Dive

JANUARY 17, 2023

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

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Cards Data 243

Accenture: Banking

MARCH 11, 2021

Key themes Purchase volume continued to show signs of recovery as all issuers reported QoQ growth in spend and some had YoY growth; Alliance Data posted the strongest QoQ growth of ~25%, likely as a result of easing retail lockdown restrictions. The post Q4 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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US Cards Retail Data 265

Payments Dive

SEPTEMBER 26, 2023

The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.

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Data Retail Cards Company 351

PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

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Cards Regional Payments Data 262

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. Visa and Conferma Pay said Monday (Nov. Three Components .

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Cards Payments Mobile Management 287

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

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Data Innovation Big Data Marketing Strategies 293

PYMNTS

DECEMBER 11, 2020

That’s the reality that the majority of consumers — 78 percent, according to Blackhawk’s data — are already anticipating a post-pandemic world where their shopping habits will permanently shift to digital. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season.

Cards 291

Cards United States Strategy Online 291

Payments Dive

FEBRUARY 21, 2023

The Consumer Financial Protection Bureau has threatened action over card issuers not reporting full consumer payment data for tracking credit histories.

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Report Cards Data Payments 243

Perficient

JANUARY 18, 2023

The amount of data being created, captured, copied, and consumed   has increased exponentially with society’s tectonic shift to digital reliance. As a result, the pace of data privacy and data regulation has accelerated on a global scale. Classify your data. Sensitive Data: Regulated. Determine your type of data.

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Regulation Data Security Compliance 275

PYMNTS

OCTOBER 7, 2020

As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer , head of data analytics for J.P. Growing Your Business.

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Data Analytics Payments Operations 258

PYMNTS

NOVEMBER 30, 2020

Other major reasons holiday shoppers gave for doing their shopping online this year included being able to access lower prices, it takes too long to get in and out of stores and believing that data security was stronger online. More consumers used debit cards and PayPal to shop on Black Friday this year. This compares to 45.1

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Data Online Cards Google 321

Payments Dive

MARCH 5, 2024

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

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Data Cards 317

PYMNTS

JANUARY 6, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Commercial Card, Global Commercial Services, Courtney Kelso in a statement. Neat Debuts Its Visa Card For Small Businesses.

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Cards Utah Capital Management 257

PYMNTS

JANUARY 6, 2021

The need for integrated data analytics has never been more significant and impactful given our current climate," he said. But with fleet managers struggling to coordinate across a range of platforms and a sea of data, tightening the grip over operations can be a challenge. Connecting The Dots. Driving Financial Performance.

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Data Analytics Management Operations 253

Payments Dive

MARCH 25, 2024

The card network giant identified 556,000 card accounts that were put at risk as a result of the cybercrime ring BidenCash’s release of data online in December.

Cards 221

Cards Fraud Online Data 221

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. RLJ Financial On Managing B2B Spend With Virtual Cards.

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Management Cards Company Innovation 268

PYMNTS

OCTOBER 1, 2020

The plastic card, by necessity, is giving way to digital cards, and mobile apps are bringing card-not-present transactions, increasingly, to mobile devices. She said there are a number of basic pillars that should be in place in order to have an effective mobile card app, where cardholders and issuers interact.

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Mobile Cards Security Fraud 266

Perficient

MARCH 17, 2025

The integration of AI is reshaping the landscape by addressing challenges such as data protection, regulatory compliance, and the modernization of legacy systems. Advancements in data analytics, AI, and machine learning, enable financial institutions to offer highly personalized services.

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Trends Analytics Compliance Strategy 221

Payments Dive

OCTOBER 5, 2023

The consumer advocacy group has taken aim at the card network for selling cardholder information. Mastercard has disputed the allegations.

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Data Groups Cards 273

PYMNTS

DECEMBER 15, 2020

How Virtual Card Help Healthcare Claims Processors Manage Payments. In the Feature Story, Rodewald explains how virtual cards can provide healthcare claims processors with the flexibility and speed needed to work with such unpredictability and deliver swift payments to an ever-changing selection of payees.

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Cards Payments Leadership Report 267

South State Correspondent

AUGUST 1, 2022

When it comes to future success in data management in banking, the same rules apply. Your strength is your data, and your success comes from defending your data and applying your data at various angles – to credit, fraud, marketing, and understanding both your employees and customers. Data Is Expensive.

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Data Tools Management Analytics 195

Payments Dive

OCTOBER 20, 2023

The rule makes it easier for consumers to share deposit account and credit card data with fintechs, the Consumer Financial Protection Bureau said.

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Fintech Cards Data 392

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.

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Analytics Data Fraud Tools 273

Perficient

JANUARY 28, 2021

While Most of the people are happy with the current solutions provided by MicroStrategy there are still many who are looking for better solutions that can work in a better manner with their current infrastructure and can help with the largely growing data of the organization. Step 1 – Connect your data source: –.

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Cards Data US Analysis 309

Payments Dive

AUGUST 2, 2019

While data shows that credit card fraud has decreased from the standpoint of payment volume, there remains a concern in the industry that cybercriminals are using sophisticated methods of changing tactics to avoid detection and put consumer payment information at risk.

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Fraud Payments Cards Industry 384

Payments Dive

DECEMBER 5, 2023

more on restaurant gift cards during the Thanksgiving weekend compared to the same period in 2022, according to Paytronix data. Guests spent 7.3%

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Cards Data 195

Perficient

APRIL 18, 2024

Open banking transforms the way financial data is shared and accessed, allowing third-party data providers and other banks to access financial data in traditional banking systems through application programming interfaces (APIs). Traditionally, banks hoarded financial data, sharing it sparingly on a need-to-know basis.

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Cards Data Regulation Apple 221

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.

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Analytics Data Risk Management Management 319

Gonzobanker

OCTOBER 17, 2024

Credit cards and checking accounts—cited by 26% and 23% of respondents, respectively—were the products most frequently asked about. For example, 25% said they’d want a recommendation from ChatGPT for a credit card—and the percentages go down from there. Half of consumers said they would use ChatGPT to get a recommendation.

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Apple Examples Tools Analysis 166

Abrigo

SEPTEMBER 23, 2024

Critical practices for individuals and organizations to protect their data The National Public Data breach serves as a reminder to all of us that proactive measures are necessary to safeguard our personal information. DOWNLOAD Takeaway 1 The National Public Data breach exposed over 2.7 Training and awareness.

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National Data Fraud Security 195

Perficient

JANUARY 22, 2021

Organizations that love data-driven decision-making suffer from the same challenge. How do we earn trust from consumers to get the right data about them, all in an effort to serve them better? Customers “sell” their data all the time in the form of loyalty and rewards programs.

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Analytics Industry Chicago Payments 309