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

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. The good news is that the new Coinbase Card handles all the conversions itself, exchanging whatever cryptocurrency that users have in their accounts to U.S. The pending arrival of the Coinbase Card in the U.S.

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Cards cryptocurrency ATM Bitcoin 193

PYMNTS

NOVEMBER 21, 2018

A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. She figured out what was going on when her debit card was declined at a coffee shop. The report , “U.S.

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Cards Payments United States Retail 167

PYMNTS

OCTOBER 14, 2020

In retail, the need to simplify, integrate and bring gift card and loyalty programs online to maximize their impact has never been greater, while consumer engagement has the power to remove retail friction. 15K: Minimum number of SMBs using Factor4 ’s online platform to streamline and revamp their gift card and loyalty programs.

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Retail Technology Trends United States 227

PYMNTS

OCTOBER 22, 2020

That] keeps them from getting in trouble with the card brands, and obviously avoids the significant costs that come along with fighting, investigating and resolving chargebacks. s struggles toward universal adoption in the European Union is reminiscent of EMV chip cards’ rise — a similar journey that aimed to solve a different fraud problem.

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Fraud Online Security Cards 221

PYMNTS

JANUARY 9, 2018

It appears that 2017 was a good year for omnichannel shopping, particularly according to the eCommerce Foundation’s recently released “United States Ecommerce Country Report” that covered eCommerce data from the last year. The majority of online shoppers today appear to be between 18 and 34 years old. According to D.J.

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Online United States Mobile Data 138

Bank Innovation

MARCH 27, 2017

What if, instead of cards, consumers just had to put in a code—and then another code—to get access to their money at the ATM? Wells Fargo announced today that its customers now have full access to about 13,000 card-free ATMs, installed across the United States.

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Cards ATM United States Online 150

PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. The Paytm cards can be used both in-store and online.

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PYMNTS

SEPTEMBER 5, 2019

It remains difficult for online businesses to get access to capital. In June, Stripe announced Stripe Terminal , a set of SDKs, APIs, and pre-certified card readers that let users accept in-person payments. It’s now available all over the United States. Stripe announced Thursday (Sept.

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Online Capital United States Company 152

PYMNTS

NOVEMBER 30, 2020

Outback Steakhouse has rolled out a new “curbside concierge” option for holiday gift card shopping, according to a Monday (Nov. Customers call ahead or go to their nearby restaurant and drive into a set gift card drive-up parking spot with the service. Customers who purchase $50 in gift cards up to Dec. 30) announcement.

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Cards United States Millennials Survey 144

PYMNTS

OCTOBER 20, 2020

This shift in buying behavior is likely here to stay, too, leading more customers to use card-based payments to complete their purchases when shopping online. This is the focus of Understanding Frictions In Credit Card Transactions: How Transaction Disputes And Declines Impact Merchants’ Reputations, a PYMNTS and PAAY collaboration.

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Survey Data United States Cards 214

PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. Bank , one of the largest commercial banks in the United States. She pointed to Elan Financial Services as leveraging a comprehensive fraud strategy for the benefit of the FI clients for which it provides card-issuing services.

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Fraud Strategy social media United States 295

PYMNTS

SEPTEMBER 29, 2020

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Ideally, we’d want to be a financing partner for every buyer relationship that they have in the United States,” Shoihet said.

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United States Regional America Trends 286

PYMNTS

JULY 15, 2020

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show.

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Retail Technology Cards Innovation 130

PYMNTS

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. The company said in a press release Wednesday (Nov. “Almost all U.S. “Almost all U.S. Christopher Ward.

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Fraud Cards United States Online 116

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

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Cards United States Payments Innovation 130

PYMNTS

MAY 2, 2017

The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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Puerto Rico Lending Online United States 118

PYMNTS

JANUARY 11, 2021

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition. The deal is anticipated to close in Q1 of 2021.

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Fraud Online ATM United States 158

PYMNTS

JUNE 11, 2019

Stripe has announced that Stripe Terminal, a set of SDKs, APIs, and pre-certified card readers that lets users accept in-person payments, is now available all over the United States, according to a blog post by the company. Businesses of all types are already using Stripe Terminal to build their in-person payment experiences.

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Online US Payments United States 131

Abrigo

APRIL 2, 2020

As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period. Ignore online offers for vaccinations.

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Fraud Resources Software Training 335

PYMNTS

DECEMBER 15, 2020

December’s Buy Now, Pay Later Report , the ‘Millennials and the Shifting Dynamics of Online Credit’ edition, provides illuminating new numbers to quantify BNPL’s impact. The report points out that, counter to prevailing views, millennials are more likely to own and use credit cards than any other cohort right now.

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Millennials Report United States Study 256

PYMNTS

OCTOBER 7, 2020

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. Digital Payment Firm SafetyPay Teams With LATAM's Rappi. through March 2024.

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Puerto Rico Cards Fintech Payments 141

PYMNTS

JULY 15, 2019

Card delinquencies have remained steady at Bank of America , which reported June credit card delinquencies of 1.56 According to news earlier in the month, large credit card issuers in the United States reported lower delinquencies in May. percent compared to 2.83 percent in May. percent for a three-month average.

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Cards America United States Comparison 122

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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PYMNTS

SEPTEMBER 30, 2020

Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. Customers from these generations often seek to avoid the debts and fees that accompany credit cards, too, making them less likely than older consumers to use credit cards.

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Payments Millennials Retail Trends 279

PYMNTS

JANUARY 26, 2021

PSCU’s recent 2020 Eye on Payments , which polled more than 1,500 CU members and other FI customers in the United States, found 70 percent of respondents decide how to pay for a product or service based on which safe options are available at the point of sale.

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Tools Los Angeles New Jersey Trends 276

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

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Cards Analysis Retail Apple 150

PYMNTS

SEPTEMBER 4, 2018

What does the future hold for the plastic payment card? Or will cards with cutting-edge technology win more loyalty from shoppers? The payment card has “a long life ahead of it,” he told Karen Webster. Even if you consider technologies like mobile, you can see that the consumer is still paying with payment cards.”.

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Cards Payments United States Maine 110

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

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Cards US Seattle United States 118

PYMNTS

SEPTEMBER 30, 2019

During trade talks, the United States has been trying to convince China to allow it more market access, and the central bank said that it was going to allow for “equal treatment” for domestic and foreign groups alike. The move has been building for a while.

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Payments United States Online Groups 168

PYMNTS

APRIL 8, 2020

Consumers have the potential to grow impatient if it takes more than a single click or tap on a screen to complete a purchase when they shop online. The Playbook focuses in particular on two types of innovations: virtual cards and eInvoices. Federal Reserve.

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Study United States Innovation Security 224

PYMNTS

NOVEMBER 13, 2020

In the United States, anyway. Last month, PayPal and Venmo began offering a credit card that features users’ QR codes , which allows the platform’s more than 60 million customers to shop, split purchases and earn cash back wherever Visa cards are accepted.

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Payments Apple United States Cards 305

PYMNTS

DECEMBER 13, 2016

Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up for the card. According to a report , the co-branded card was launched in June and is resonating with consumers. million American Express co-branded cards, “about 7.5

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Puerto Rico Branding Cards United States 100

PYMNTS

AUGUST 19, 2020

They can easily pay using digital wallets, cards-on-file or a wide variety of digital payment options online or in store, and transactions are expected to be fast, seamless and simple. Consumers are accustomed to using digital payment methods to make retail purchases. This is a far different experience for everyday business purchases.

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Cards United States Exercises System 233

PYMNTS

NOVEMBER 29, 2018

Rather than entering new payment information – including address and card details – users can easily enter Amazon account login info. “We’re delighted to offer Amazon Pay to our customers, as it is one of the most secure ways to pay for flights, as the user doesn’t have to re-enter their card details,” he said.

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United States Apple Retail Online 168

PYMNTS

OCTOBER 6, 2020

“Our new in-store solution is yet another way to support merchants by offering a powerful budgeting tool that allows shoppers to spend their own money over time — whether they prefer to buy in a physical store or online.”. CEO Nick Molnar said in a past PYMNTS panel. And there's a huge opportunity.

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Millennials Retail United States National 200

PYMNTS

NOVEMBER 11, 2019

Visa and its India FinTech partner, Open , are rolling out their joint credit card product for small to medium-sized businesses (SMBs). 11) that Open, which operates a small business banking and financial services platform, announced the Founder’s Card, the result of its existing partnership with Visa. billion worth of transactions.

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Cards United States Regional Groups 101