PYMNTS

FEBRUARY 3, 2020

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus. billion.

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National System Cards Payments 141

PYMNTS

APRIL 23, 2019

However, according to Ondot Systems CEO Bharghavan Vaduvur (BV) in a recent conversation with PYMNTS’ Karen Webster, win or lose, Apple will change the conversation about how we pay by spurring existing stakeholders — especially card issuers — to examine how they come to market. The digital card will be linked to Apple Pay.

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Apple Cards Payments Course 200

PYMNTS

MARCH 29, 2019

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. The terminals allow customers to pay with credit or debit cards and digital wallet payment options like Apple Pay or Google Pay.

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Washington National Google Apple 134

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

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Cards Branding Customer Experience Innovation 159

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

NOVEMBER 26, 2018

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. These are optimistic observations for an industry where commercial cards have struggled to get off the ground.

Trends 171

Trends Cards Payments Tools 171

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts. The greatest concern is whether the U.S.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. but has credit cards that are used around the country. I am not making an announcement right now, but I would be really disappointed if it was anything close to being three years away.”.

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National Digital Banking Conference Texas 135

Chris Skinner

APRIL 11, 2018

Instead, the nations seem to be 100% cash-focused, as my credit cards … The post Mobile payments are on fire everywhere and, whilst some are just catching fire, others are burning appeared first on Chris Skinner's blog.

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Mobile Payments National Examples 284

Bank Innovation

MAY 26, 2016

Earlier this week, I asked a top innovation executive at one of this nation’s largest financial Read More. Nearly all of those banks ignore them. The “them” is text banking apps, and the degree to which they have been marginalized baffles me.

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National Innovation Google Marketing 231

South State Correspondent

SEPTEMBER 12, 2019

Payment Innovation When it comes to long-range strategic planning in banking, what to do about payments, should be in the top five considerations up there with treasury management, capital allocation, risk tolerance, and human capital. Below, we highlight our ten considerations when developing a payments strategy.

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Strategy Payments Capital National 191

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

National 122

National Innovation Customer Experience Payments 122

Chris Skinner

JULY 13, 2017

I knew exactly what he was getting at, as the banks I deal with in USA, UK, France, Germany and other European nations are always fretting over the challenge with their old systems. The main reason is that China was not a card-based economy. He asked me: “why is it that the Western banks are always talking about legacy?”

United States 316

United States System Mobile Maine 316

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Digital innovation enhanced the company’s Q1 earnings performance, which surpassed analyst’s predictions.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

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. It’s a fact that merchants, of course, do not love.

Cards 224

Cards Course Security Fraud 224

PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. According to a new study from the National Restaurant Association and Technomic, 22 percent of consumers used kiosk ordering last year. Loyalty, too, is a source of innovation.

Innovation 153

Innovation Retail New York City Minnesota 153

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K.

Cards 168

Cards Groups Payments Regional 168

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance. According to Kristen E.

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

NOVEMBER 30, 2020

The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” Outback Steakhouse Debuts Curbside Gift Card Concierge. A member of the restaurant team will then go to the vehicle to finish the gift-card purchase. According to U.S.

Innovation 150

Innovation United States Cards Study 150

Bank Innovation

FEBRUARY 19, 2020

The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. Level is also offering 1% debit card rewards and paycheck deposits two days early to sweeten the deal for customers.

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San Francisco National Digital Banking Fintech 259

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

JANUARY 22, 2020

National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. It also provides efficient monitoring of travel and entertainment expenses via the SmartData expense monitoring and management tool. “As

Cards 130

Cards Tools Management Payments 130

Bank Innovation

DECEMBER 13, 2017

The round was led by venture capital firm Dawn and The Fourth Swedish National Pension Fund. Established in 2011, iZettle enables small business merchants across Europe and Latin America to accept card payments. Swedish payment company iZettle today announced it raised €40 million ($47.05 million) in funding to accelerate growth.

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Company Payments America Capital 230

PYMNTS

JANUARY 24, 2018

Now as a part of Mastercard, the combined business is the first global network to be able to support both bank account and card-based payments, offering more choice to its customers. A bank or FI has a limited capacity for technology investments, at least internally. The opportunities are there for all players within banking.

Innovation 139

Innovation Payments Operations Marketing 139

PYMNTS

MAY 2, 2019

In the past, members of the DD Perks program could receive points from the coffee quick-service chain by paying with a gift card. Now, at pilot locations, customers can earn points whether they use debit, credit, Dunkin’ gift cards or cash.

Mobile 123

Mobile Innovation Branding National 123

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. In remarks made at the annual Sibos global financial services conference on Monday (Oct.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. That’s not the only way innovation with cameras can help retailers. Some of the latest developments provide evidence to support that trend. Take security cameras for starters. “We

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Retail Innovation Video Data 118

PYMNTS

JULY 2, 2020

Financial institutions (FIs) are therefore expected to offer more contactless cards this year and some are also unveiling services intended to help consumers easily add cards to their digital wallets. consumers to shift as much as $100 billion in annual spending from credit to debit cards. Around the Next-Gen Debit World.

Fraud 222

Fraud Cards Florida Trends 222

South State Correspondent

JULY 24, 2024

They open a $60,000 transaction account and a debit and credit card but don’t need treasury services. Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points. This customer values your rate and not your service or relationship.

South Carolina 417

South Carolina Marketing Capital Idaho 417

PYMNTS

APRIL 23, 2020

Cloud Security Alliance (CSA) has designated cloud security and its importance for national security as the primary topic for its annual summit in 2020, which is currently slated to occur on June 25. To learn more about how Curve and Neat are innovating their platforms, visit the Tracker’s Feature Story.

Digital Banking 262

Digital Banking Security Innovation Google 262

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

MARCH 2, 2020

The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S.

Cards 130

Cards ATM United States Payments 130

PYMNTS

APRIL 10, 2019

FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. In a press release , Extend said the funding was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank.

Cards 108

Cards National Apple Fintech 108

PYMNTS

SEPTEMBER 24, 2018

However, some innovations are, perhaps, a harder sale. 33 percent : Share of card customers who prefer talking to a live person on the phone. 25 : The number of nations in which Taxify operates. $1 33 percent : Share of card customers who prefer talking to a live person on the phone.

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Data National Innovation Retail 167

PYMNTS

SEPTEMBER 16, 2019

billion cards, which makes up about 57.6 percent of the cards in circulation around the world. As the world’s largest card scheme in terms of card issuance, UnionPay will be one of our key alliances in Asia,” said Georg von Waldenfels, EVP of group business development at Wirecard. UnionPay has issued more than 7.59

Cards 170

Cards Innovation Financial Technology National 170