Bank Innovation

JULY 20, 2017

Banks are taking the battle for millennial customers where it belongs: mobile. Citibank and JPMorgan Chase users will now be able to link cards to PayPal via mobile, allowing customers of both banks to add cards before paying online and in-store via the PayPal mobile wallet, both banks announced today.

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Mobile Millennials Cards Online 295

PYMNTS

JULY 14, 2020

As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.”. Customers can either round up their bills to the nearest dollar and give the excess to charity or get their change stored on loyalty cards. If the U.S.

Retail 290

Retail US Cards United States 290

PYMNTS

SEPTEMBER 23, 2020

23) announcement that the card is now available in France, Austria, Italy, Ireland and Spain beyond its current availability in the United Kingdom, Germany and the United States. percent cash back on all of their eligible spending with the debit card. The companies said in a Wednesday (Sept. In the U.S.,

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Cards United States ATM Retail 363

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. As Good noted, four in 10 U.S.

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Mobile Community Bank Cards Community 280

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

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. Through collaborations, Samsung Pay launched a rewards program, the first mobile payments platform to do so, the company said. Contactless mobile payments are growing worldwide, but the U.S.

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Samsung Management Cards Regional 230

PYMNTS

NOVEMBER 18, 2020

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

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Mobile Payments Cards Retail 220

PYMNTS

APRIL 17, 2020

To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The tech company’s debit card will have the brand of Google along with its partnered financial institution; however, it is not known what the offering’s name will be.

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Google Cards Apple Branding 229

Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

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Mobile United States Payments Cards 275

PYMNTS

NOVEMBER 25, 2020

The conduit to that spend is split between desktop and mobile devices. Seventy-four percent of holiday shoppers will do so via mobile device; 91.3 A third of bridge millennials will increase their usage of mobile devices, more than any other segment. And when consumers do go online, gift cards are winning the season.

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Online Cards Retail Data 176

PYMNTS

NOVEMBER 19, 2020

Blackhawk Network noted that mobile wallet adoption in the U.S. Google is looking to capitalize on some momentum around mobile wallets. consumers now make purchases within retailer apps — a significant jump from the 21 percent who did so pre-pandemic. Mobile wallet transaction value could exceed $1 trillion by 2024.

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Google Mobile Apple Survey 254

South State Correspondent

OCTOBER 16, 2024

While there are many overlooked products in banking, the debit card is perhaps the greatest. The product generates significant fees and helps drive deposit balances, yet debit cards rarely get a mention in strategy, marketing, or customer profitability circles. Debit Card Profitability We will start with debit card profitability.

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Cards How To Fraud ATM 195

PYMNTS

OCTOBER 5, 2020

Venmo , the mobile payment service owned by PayPal , announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network, according to a press release emailed to PYMNTS. It features automatic cash back on eligible purchases and the ability to manage the card in the Venmo app.

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Cards Mobile Management Payments 226

PYMNTS

JULY 15, 2020

Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs , Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July 15). To use Apple Pay, customers tap the card icon in the Afterpay app, which then activates the Afterpay card in the Apple wallet.

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Apple Cards Innovation Conference 243

PYMNTS

AUGUST 20, 2020

It’s similar in those segments of the merchant/retailer community that were slower to adopt contactless payments and also digital payments, where circumstances have really forced the acceleration of their adoption as well.”. The New Samsung Pay Card . But the Samsung Pay Card powered by Curve works differently.

Samsung 238

Samsung Cards Payments Innovation 238

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. consumers have largely relied on cards, were comfortable with them as a main purchase tool and the U.S. By contrast, U.S. By contrast, U.S.

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How To Retail Survey Mobile 317

Bank Innovation

APRIL 24, 2018

Royal Bank of Scotland will launch a new mobile bank and plans on moving one million of its NatWest customers to there, according to Forbes. million retail customers. NatWest Bank is a fully owned subsidiary of RBS. NatWest, formally called National Westminster Bank, currently has about 7.5

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Mobile National Retail Online 249

PYMNTS

SEPTEMBER 24, 2019

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. Airlines are also seeking to enable speedy mobile payments. Southwest customers can use the mobile wallet to buy ticke ts and pay for other services. Around the Faster Payments World.

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Mobile Payments Apple Millennials 246

Bank Innovation

OCTOBER 25, 2017

EXCLUSIVE – First comes Uber, an on-demand car service, then UberEATS and now a credit card? bank Barclays to launch its own credit card. Obviously this has been a long process, but the idea to have our own credit card was something we […]. Yes, that’s right, the car service app has teamed up with U.K.

Cards 303

Cards Online Fintech Mobile 303

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use.

Retail 226

Retail Samsung Software Mobile 226

PYMNTS

JANUARY 27, 2021

In " A Look Forward: What Executives Wish for America and the World in 2021 ," Nat Salvione, chief commercial officer of Tango Card , discusses the innovations that have emerged since the pandemic: specifically, the use of pay-ahead apps and remote team engagement. For an introvert like me there was always a moment of anxiety.

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Innovation Cards eBook Video 255

PYMNTS

OCTOBER 2, 2020

Amazon India has introduced a way for customers to pay their credit card bills through Amazon Pay , the eCommerce company’s payments arm. The feature allows making payments for any credit card bill via UPI or internet banking. “As Today, it offers a credit card and processes payments for customer bills.

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Cards Payments Seattle Online 235

PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. And in B2B payments, virtual cards are helping firms manage spend in real time.

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Retail Data Trends Online 187

PYMNTS

DECEMBER 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. Friction-filled experiences, however, can actually give retailers key opportunities to engage frustrated customers on a deeper level.

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Payments Online Retail Mobile 349

PYMNTS

NOVEMBER 16, 2020

In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. Physical cards are changing form, as some NFC-capable mini-cards are being embedded in rings and other wearables. Now comes the work of embedding touchless payments anywhere and everywhere people might want them. told PYMNTS.

Cards 239

Cards Payments Innovation Customer Experience 239

PYMNTS

JUNE 22, 2020

To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. We worked in partnership with Verizon to create a unique, robust rewards program for their customers that uses simple and easy tools to apply, buy and service the card account.”.

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Cards Mobile Tools Retail 181

PYMNTS

APRIL 6, 2020

One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and pressing keypads touched by many other shoppers. percent reported Walmart Pay usage.

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Mobile Apple Data United States 234

PYMNTS

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Around The Next-Gen Debit World.

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Fraud Retail Report Online 188

PYMNTS

NOVEMBER 18, 2020

consumers paid off $10 billion in credit card debt in the third quarter of 2020, and Amazon Pharmacy launched for consumers to order prescription medications. Plus, Walmart+ gets a closer look after the retail giant’s third-quarter earnings call. US Consumers Pay Down $10B in Credit Card Debt In Q3. In today’s top news, U.S.

Cards 227

Cards US Payments Strategy 227

PYMNTS

SEPTEMBER 30, 2020

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. American Express, Amazon Roll out UK Credit Card Aimed at SMBs. Walmart Inc.

Cards 214

Cards United States Payments Capital 214

PYMNTS

JULY 9, 2020

When it comes to B2B payments, the mobile device has limited traction. adoption is typically limited to contexts in which an individual may be making a purchase in a retail setting on behalf of a company: a professional on a business trip paying for lunch, for instance, or a delivery driver refueling while on the road.

Mobile 205

Mobile Payments Marketing Fintech 205

PYMNTS

SEPTEMBER 29, 2020

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release Tuesday (Sept. The solution works for both companies with existing gift card programs and those looking to start one, the press release said.

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Management Cards Mobile Meeting 182

Bank Innovation

SEPTEMBER 6, 2017

EXCLUSIVE – Bank of America’s mobile app got a makeover today with a set of new features including a cardless ATM option. On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience of its 23 million mobile app users. The cardless ATM option maybe the most interesting […].

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ATM Mobile Tools America 270

PYMNTS

SEPTEMBER 24, 2020

In the great digital shift , the mobile device is the point of sale — especially in Asia’s fast-growing markets. The conversation came against a backdrop where online transaction volumes and mobile wallet adoption are increasing. Donlea noted that mobile wallets are designed for consumer and brand loyalty.

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Mobile Management Fraud Training 245

PYMNTS

SEPTEMBER 17, 2020

The Jacksonville Jaguars are now allowing QR-based mobile payments at retailers and concessions at the TIAA Bank Field Stadium through a mobile Jags Pay wallet in the official team app, according to a report from NFCW. Supporters have already been using the app to access tickets on game day to enter the stadium.

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Jacksonville Apple Mobile Report 327

PYMNTS

DECEMBER 2, 2020

This will not only help retail items be more accessible to more consumers but could help merchants bounce back from what may have been a rocky year in sales due to the pandemic. Nearly 20 percent of shoppers ages 22 to 30 lack credit histories that are robust enough to grant them credit card approval, for example.

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Retail Millennials Payments Analysis 194

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

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Retail Video Digital Banking Bitcoin 262