PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. The corporate card is going through a change this year, like many other parts of the business world.

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Cards Payments Innovation Regional 221

Chris Skinner

SEPTEMBER 2, 2018

QR, or Quick Response if you prefer the longer form, is a code that originated in Japan in the 1990s, and has … The post Will QR codes wipe out cash and cards? The phenomenon is called QR codes. appeared first on Chris Skinner's blog.

Cards 370

Cards Trends Digital Banking Fintech 370

PYMNTS

SEPTEMBER 30, 2020

The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. But then COVID-19 came along and sent the digitization of financial services into overdrive nearly overnight.

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PYMNTS

OCTOBER 6, 2020

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses.

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Digital Banking ATM Mobile Atlanta 256

Payments Dive

JANUARY 10, 2025

The digital bank also said this month that it’s exploring strategic alternatives for its credit card business.

Digital Banking 367

Digital Banking Cards 367

PYMNTS

FEBRUARY 7, 2020

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. If a customer goes over that limit on several card payments, then they’ll have to enter a pin.

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PYMNTS

APRIL 30, 2019

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced.

Digital Banking 179

Digital Banking Payments Software Fintech 179

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. An example of that self-service pivot lies with credit card transactions — specifically, disputes.

Digital Banking 267

Digital Banking Analytics Mobile Cards 267

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. Common plans offer four-installment payments as ways to buy items.

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Cards Fintech Management Lending 254

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. Lesher said a few key features comprise a modern, digital-first offering.

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Cards Mobile Community Bank Community 224

PYMNTS

OCTOBER 15, 2018

consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs ‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. Barclays is ready to offer U.S.

Digital Banking 187

Digital Banking Cards Online Branding 187

PYMNTS

NOVEMBER 11, 2020

Digital banking and payment processing firm i2c has partnered with Purewrist , a FinTech working in end-to-end contactless payment solutions and wearables, according to a press release. They're more likely to use digital payments and have been choosing where to shop based on what digital payments options are available.

Payments 264

Payments Digital Banking Fintech US 264

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

Los Angeles 192

Los Angeles Digital Banking Analytics Mobile 192

PYMNTS

APRIL 24, 2020

Building features out onto the cloud, for example, can create more flexibility to support a range of personalized financial features, according to Nathalie Oestmann, chief operating officer at aggregated payment card provider Curve. Neat is one such FinTech. dollars, British pounds and the euro. Apple has done that in the U.S.

Digital Banking 207

Digital Banking Cards Tools Examples 207

PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark.

Payments 271

Payments Colorado Marketing Cards 271

PYMNTS

DECEMBER 5, 2019

Grab is introducing Asia’s first numberless card in batches, with Singapore launching on Thursday (Dec. The digital GrabPay Card is powered by Mastercard and offers users seamless payments integration and an expanded rewards system with a limited promotion giving up to 10x GrabReward points for every dollar spent.

Cards 159

Cards Retail Digital Banking Payments 159

PYMNTS

NOVEMBER 9, 2020

This earnings season, the downturn has become apparent as several corporate payments technology players post losses. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Virtual Cards And Mobile Technology. Boosting The Banking Experience.

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Innovation Fintech Payments Mobile 255

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. SmartHealth PayCard is enabled with the agile processing of i2c and is offering the first healthcare-only credit card.

Cards 175

Cards Digital Banking Mobile Fintech 175

PYMNTS

APRIL 13, 2020

Earlier this month, the Bank of International Settlements (BIS), which has more than 600 member financial institutions and central banks spanning 60 countries, took note of changing consumer attitudes toward cash in a report titled “COVID-19, Cash and the Future of Payments.”

Digital Banking 249

Digital Banking System Payments Taxes 249

PYMNTS

FEBRUARY 21, 2020

Commercial contactless cards: These continue to gain traction, as evidenced by a report from HSBC, which shows that in the U.K., the value of contactless commercial card payments (both debit and credit) jumped 24 percent in 2019. Home sales: In a sign that U.S. Data breaches: MGM has admitted to a 2019 hack , where 10.6

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Plus, Australia mulls mandatory eInvoicing, and Emirates NBD launches an omnichannel corporate banking offering.

Cards 160

Cards Payments Tools Regional 160

Gonzobanker

JUNE 20, 2024

According to Cornerstone’s Digital Banking Performance Metrics study, the percentage of new accounts opened in digital channels dropped for the second straight year. That’s not what’s happening with digital banks and fintech firms. Some digital banks in the U.K., Nor is it a winning strategy.

Digital Banking 172

Digital Banking Fintech Innovation Strategy 172

PYMNTS

JUNE 29, 2020

s Financial Conduct Authority (FCA) mandated that Wirecard ’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the U.K. digital banking apps such as Anna, Curve, U Account and Pockit since they depend upon the technology of Wirecard to handle payment processing, per the CNBC report.

Digital Banking 150

Digital Banking Cards Regulation Payments 150

PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits.

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Mobile Payments Apple Millennials 246

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game. banking license.

Payments 239

Payments San Francisco Fintech Tools 239

PYMNTS

OCTOBER 9, 2019

Commercial payments company WEX has announced a collaboration with Mastercard that will allow the firm to issue virtual cards in the Middle East. 8) that it will be able to issue virtual Mastercard cards in the United Arab Emirates following approval from the Central Bank of the UAE to operate in the market.

Cards 170

Cards Resources Marketing Payments 170

PYMNTS

NOVEMBER 18, 2020

Daylight , the first digital bank for the LGBT+ community, just went live in a Nov. Daylight is just the latest member of Visa’s Fast Track program, an initiative that provides FinTechs looking to get off the ground with a bank sponsor and external payments processor.

Digital Banking 172

Digital Banking Community United States Fintech 172

PYMNTS

AUGUST 7, 2020

Payments are everyday occurrences for businesses and consumers, and they have been for thousands of years. Transactions once conducted by trading pieces of gold are now accomplished through digital means, with both parties using cards, wire transfers or even smartphone apps to send or receive funds. You need to check the funds.

Payments 301

Payments Fintech Innovation US 301

PYMNTS

OCTOBER 4, 2019

With the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. In fact, their slogan for the card is “Created by Apple, Not a Bank?.” And the card is no longer just a payment instrument; it’s more than the card itself.”.

Apple 198

Apple Cards User Experience Examples 198

PYMNTS

JULY 14, 2020

PYMNTS research has shown that approximately 40 percent of consumers would be very interested in downloading highly functional mobile card apps that can be used to manage multiple cards, track spending and issue transaction alerts, among many other features. There is an important underlying dimension to these findings, however.

Cards 197

Cards Mobile Groups Survey 197

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We

System 226

System Digital Banking Online Guidelines 226

PYMNTS

SEPTEMBER 3, 2020

Only 26 percent of all consumer payments are made in the U.S. with cash — and consumers are even starting to ditch plastic cards. Many of these smaller firms, he said, did not have individual, digitized payment experiences woven into their overall operating infrastructures before the pandemic hit. The Demographics .

Payments 262

Payments Security Millennials Retail 262

PYMNTS

NOVEMBER 21, 2019

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

Cards 183

Cards United States Innovation Fintech 183

PYMNTS

JUNE 30, 2020

Careem , the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. The agreement is expected to accelerate cashless payments and digital banking across the Middle East and North Africa, the companies announced.

Payments 207

Payments Security Regional Digital Banking 207