South State Correspondent

JULY 24, 2024

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. Not bad, but not great.

South Carolina 417

South Carolina Marketing Capital Idaho 417

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.

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National System Cards Payments 141

PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Amazon still has mountains to climb, even as the market is softening toward them. Amazon is the biggest winner.”.

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Marketing Survey Online New York 237

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, a digital banking startup based in San Francisco Calif., is trying to hook customers with a 2.1%

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San Francisco National Digital Banking Fintech 259

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

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

Cards 187

Cards Security United States Technology 187

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.

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Trends Cards Payments Tools 171

PYMNTS

SEPTEMBER 23, 2019

Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 What these studies didn’t reveal is that construction management software and tools like virtual cards can also speed payments and free up cash flow. How Virtual and Purchasing Cards Can Help.

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PYMNTS

JULY 26, 2020

Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. The top end of the market behaves like the western world, and the bottom of the pyramid has similarities with developing or undeveloped economies,” he said. The country has diverse needs.

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Payments Mobile Analysis Google 309

PYMNTS

NOVEMBER 8, 2018

RuPay accounts for more than half of India’s one billion debit and credit cards, and yet Mastercard and Visa still process the majority of the tens of billions of dollars in payments transactions logged monthly, and where the figure was $51 billion in August. Jaitley noted that the total transaction value for RuPay was $1.1

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Marketing Cards Course Payments 157

PYMNTS

DECEMBER 11, 2018

Mastercard is teaming up with mobile payments firm Obopay to introduce a prepaid card for corporates in India. 10) that Mastercard, Obopay and Federal Bank are collaborating on the prepaid card solution that enables corporate managers to gain greater control of their payments and expenses. Economic Times of India reported Monday (Dec.

Cards 151

Cards Mobile ATM Analytics 151

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

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.

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Cards Course Security Fraud 224

South State Correspondent

SEPTEMBER 12, 2019

Payments are such a central part to banking and are now undergoing such a radical change that all banks have an opportunity to reclaim transaction market share back from the card networks, card processors and even national banks. Below, we highlight our ten considerations when developing a payments strategy.

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Strategy Payments Capital National 191

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. In the U.K., ”

Cards 168

Cards Groups Payments Regional 168

PYMNTS

DECEMBER 9, 2020

FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Robinhood Markets is reportedly working with Goldman Sachs for its initial public offering (IPO) preparations. In today’s top news in digital-first banking, U.K.

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Marketing Tools Conference Fintech 159

PYMNTS

MAY 16, 2020

Credit card giant Visa has filed an application for a U.S. According to various embodiments, cash may be removed from the markets in a frictionless manner and the payment ecosystem may be improved.”. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation.

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System blockchain Regional Security 320

PYMNTS

NOVEMBER 3, 2020

Hong Kong-based digital payment platform Statrys has recently landed $5 million in funding through a closed-door funding deal with an angel investor with the expectation that the firm will get market share in the expanding remittance and digital payment arena, according to an announcement.

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Payments Resources Online Lending 263

PYMNTS

JUNE 26, 2020

But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week. The investment also comes as the company prepares to commence small business lending after pausing operations in March as a result of a national lockdown. Pipe Technologies. The firm notched $78.7

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Capital Lending Cards United States 288

PYMNTS

MARCH 2, 2020

The United States’ tight labor market exacerbates competitive tensions for such agencies, though. 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.

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Cards ATM United States Payments 130

PYMNTS

JUNE 11, 2020

As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In the immediate aftermath of the pandemic that pushed workers into indefinite furloughs and unemployment, credit card transaction volumes plunged by 30 percent.

Cards 136

Cards Strategy Marketing National 136

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.

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Fintech Trends Apple South Dakota 474

PYMNTS

OCTOBER 4, 2019

This week, Cellulant – an Africa-focused payments services firm – is announcing a big play to build the comprehensive “catch-all app” for consumers in the African market. It also offered a choice among payment forms: Consumers could tap mobile money accounts, prepaid cards or even bank accounts as necessary.

Marketing 132

Marketing Mobile Payments Lending 132

PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. Feedzai has seen the increase in fraud and scams with the pandemic.

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Report Fraud Risk Management America 247

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. However, these purchases can be viewed as too costly in a market full of less expensive alternatives.

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Millennials Retail United States National 200

PYMNTS

FEBRUARY 14, 2020

Mastercard Gets Nod To Join China’s $27T Payments Market. 11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

AUGUST 11, 2020

Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. Kount added that this means its business customers “are able to optimize marketing and sales efforts, personalize customer experiences, and reduce the time spent vetting prospects.”.

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Fraud Industry Idaho Customer Experience 234

Chris Skinner

MAY 1, 2017

Back in December, I picked up on this new Office of the Comptroller of the Currency (OCC) Ruling to issue national FinTech bank charters. This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today.

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America Fintech National Regulation 211

PYMNTS

JANUARY 8, 2020

The development of digital identity solutions shows no signs of slowing in the new decade, with the mobile biometrics market expected to add $28.45 Credit card payments are increasingly enabled via EMV chips rather than magnetic stripes, but these methods frequently suffer from a lack of diligent digital identity verification.

Fraud 169

Fraud Cards Security National 169

PYMNTS

MARCH 26, 2020

Often, these smaller FIs are inundated with projects that are specific to the legacy products they have offered to the market, said Davis. They are not always fast followers of newly introduced products and services from their larger banking brethren who operate on a national scale. Davis told PYMNTS.

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Community Community Bank Mobile Cards 247

PYMNTS

JANUARY 8, 2021

So goes the thinking of Jason Hogg , the recently hired executive vice president of the Preferred Leasing unit of Rent-A-Center, which is aiming to take the lease-purchase segment of the alternative credit market to the next level along with its recent acquisition of Acima. We’re treating our customers with dignity,” he said.

Cards 267

Cards Retail Payments Marketing 267

PYMNTS

AUGUST 5, 2020

He added that the bad guys aren’t just looking for the card numbers that cybercriminals of yesteryear sought. The New Data Black Market. Consumers inject little data into the transaction when they pay in-store with cards. In fact, it’s becoming more valuable than card information itself. There’s No Time To Waste.

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Security Fraud Data Online 267

PYMNTS

NOVEMBER 19, 2020

Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

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ATM America Cards Payments 201

PYMNTS

NOVEMBER 22, 2018

Since then, critics have noted the lack of effectiveness in achieving at least some of Modi’s stated goals, namely, combating black market activity. (By The domestic digital payments market is projected to rise to a value of $1 trillion by 2023 , as estimated by Credit Suisse , up fivefold from recent tallies.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

MARCH 29, 2020

Tens of thousands of households are in dire financial straits, sending more people turning to unsecured personal loans and credit cards for a quick bailout. New loan requirements are being put into place, such as boosting income verification, lowering available credit on new cards and going after consumers with higher credit limits.

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America Capital Cards Lending 198

PYMNTS

JULY 21, 2020

In spite of their small size, they play a critical role in both their local and national economies. Microbusinesses have to pay bills, and they want to set up card acceptance programs and mobile and digital-wallet platforms for payments. Moreover, credit unions can help microbusinesses set up things like rewards and loyalty offerings.

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Cards National Tools Innovation 208

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. percent of total value came from card payments, slightly outpacing the 48.3

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Course Cards Fintech Payments 221