PYMNTS

AUGUST 14, 2020

“Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. the odds of beating the bad guys are moving in retailers’ favor. “I The Challange With Card-Not-Present Transactions .

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Cards Fraud Retail Security 293

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.,

Cards 363

Cards United States ATM Retail 363

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.

Cards 302

Cards Retail Survey Trends 302

TheGuardian

OCTOBER 14, 2024

The proposed changes would mean consumers no longer pay a fee when using their debit card to buy their morning coffee or make a major retail purchase. Credit card fees would still apply.

Cards 107

Cards Retail System 107

PYMNTS

SEPTEMBER 25, 2020

Gift card giant Blackhawk Network this week announced it is selling charity-branded gift cards that will trigger contributions to those charities when loaded. Recipients of what are being called “Giving Good” cards will be able to use them at any of a number of retail and dining locations.

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Cards America Retail National 266

PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

Cards 291

Cards United States Strategy Retail 291

Accenture: Banking

MARCH 11, 2021

Key themes Purchase volume continued to show signs of recovery as all issuers reported QoQ growth in spend and some had YoY growth; Alliance Data posted the strongest QoQ growth of ~25%, likely as a result of easing retail lockdown restrictions. The post Q4 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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US Cards Retail Data 265

Payments Dive

AUGUST 8, 2022

Banks that issue credit cards and the retailers who hate their fees are lining up allies on Capitol Hill to fight over a new bill that calls for more competition in the industry. Visa and Mastercard are at the center of the conflict.

Cards 259

Cards Retail Industry 259

Payments Dive

MAY 24, 2024

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

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Capital Retail Cards 417

PYMNTS

SEPTEMBER 3, 2020

And in many places, for the first time, our retailers are open to it. Someone asked me a couple of weeks ago, ‘why is Blackhawk in the payments game now?’” They want to build a mobile wallet, but not like the ones of the past that acted as repositories for credit and debit card information. Can we unpack it?’

Mobile 289

Mobile Retail Apple Payments 289

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

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Retail Millennials Online Report 252

Payments Dive

MAY 1, 2023

The giant retailers eagerly await instant payment system possibilities, especially as an alternative to card payments, according to industry professionals who heard their representatives speak recently.

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Payments Retail System Cards 448

PYMNTS

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores. Larger Trends.

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Retail New York Dallas Trends 264

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

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

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. retailers spiked 44 percent year-over-year in the second quarter.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

AUGUST 12, 2020

Nium , the global FinTech platform, announced in a press release emailed to PYMNTS that users will be able to make payments through Google Pay with its company Visa cards. The Google Pay partnership lets those cards work through many more payment terminals and options.

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Google Cards Payments US 265

Payments Dive

FEBRUARY 13, 2020

Mike Rittler, general manager of retail card services and personal lending at TD Bank, shares his insight on trends, transformative innovation and how the 'traditional check out' experience is on its way out.

Lending 418

Lending Trends Innovation Retail 418

PYMNTS

JANUARY 20, 2021

Other than small things like a pen or providing staff with free coffee, anything given to employees that has a clear cash value attached to it is considered taxable by the IRS, said Nat Salvione , chief commercial officer of Tango Card. He cited the National Retail Federation , which found gift cards have been a top gift for over a decade. “If

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Taxes Cards social media Management 233

Payments Dive

APRIL 20, 2023

Despite a somewhat troubled past with Walmart, the card issuer appears to be raising its hand if the retailer is looking for a new credit card partner.

Cards 370

Cards Retail 370

Payments Dive

JULY 30, 2019

may be close to a breakthrough as issuers transition to contactless cards and retailers make significant upgrades in POS systems. Despite years of hype and expectations that failed to materialize, mobile payment adoption in the U.S.

Mobile 406

Mobile Payments Retail System 406

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. The platform brings together virtual and physical cards for staffers, spend approvals, bill management and expenditure reimbursements.

Management 238

Management Cards Innovation Fraud 238

Accenture: Banking

OCTOBER 4, 2021

Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.

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Retail US Payments Marketing 222

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.

Cards 235

Cards Payments Seattle Online 235

Payments Dive

AUGUST 29, 2019

Prepaid cards and eGifts can help increase engagement and boost loyalty among retail customers.

Retail 364

Retail Cards Payments 364

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.

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Cards Payments Innovation Customer Experience 239

Payments Dive

AUGUST 16, 2023

The retail sector drove overall card spending growth, but average ticket sizes have dipped due to declining inflation, Fiserv said in its latest consumer spending report.

Retail 370

Retail Cards Report 370

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

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Cards Regional Payments Data 262

Payments Dive

FEBRUARY 15, 2023

Banks requested a delay in implementing a debit routing rule, but a retail and merchant trade group argued it’s high time the card issuers comply.

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Retail Groups Cards 195

Bank Innovation

JANUARY 15, 2020

Despite advances in banking and personal finance technology, paying credit card bills in a simple, time-efficient way is still a pain point for many consumers. households revolved credit card debt from month to month last year. According to recent research, 37% of U.S.

Cards 273

Cards Payments Technology Lending 273

Payments Dive

SEPTEMBER 26, 2023

The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.

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Data Retail Cards Company 351

Payments Dive

MAY 2, 2022

The Menomonee Falls, Wisconsin-based retail chain tested the program in eight markets over the past year and found an increase in Kohl's Card acquisitions and overall sales.

Wisconsin 195

Wisconsin Cards Retail Marketing 195

Payments Dive

SEPTEMBER 13, 2023

Fraudsters developed sophisticated techniques to evade safeguards and steal payment credentials, the card network said in its biannual report.

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Retail Fraud Cards Report 243

Payments Dive

MARCH 19, 2024

The level of debt may surpass the all-time record this year, even when adjusted for inflation, some analysts say.

Retail 195

Retail Cards 195

BankBazaar

OCTOBER 22, 2024

Two words – Credit Cards! Now if you are wondering what strategies you can employ to make the most out of your Credit Card, here is a comprehensive list with some real-world examples! Though Credit Cards can help you tackle those big-ticket purchases easily, the dread associated with next month’s due amount lurks in the shadows.

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Cards social media Strategy Examples 78

Bank Innovation

APRIL 17, 2020

based Green Dot allows the retail giant’s customers to create a direct deposit account from home through Walmart’s MoneyCard, a […]. Through an existing partnership with Walmart, the Pasadena, Calif.-based

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Payments Cards Retail Security 259