PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

SEPTEMBER 7, 2020

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

Cards 246

Cards Tools Capital Payments 246

Bank Innovation

MARCH 6, 2020

Marqeta, a card issuing and processing startup, is partnering with installment lender Afterpay to provide payments solutions for merchants in North America. Australia-based Afterpay operates in several countries, including the U.S., and allows merchants to give shoppers a digital layaway option through installment payments.

Strategy 293

Strategy US America Cards 293

PYMNTS

JUNE 19, 2019

million in fresh funding, capital that will go toward “a B2B offering (that allows) individual travel agents at large online travel management companies and tour operators to offer a ‘seamless travel experience’ to their end customers, making the booking experience simpler, faster and cheaper.”. Payments Cost.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. As far as innovation goes, “FinTech is the most developed,” Monteiro said.

America 109

America Regional Mobile Pennsylvania 109

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

Bank Innovation

MARCH 6, 2020

Marqeta, a card issuing and processing startup, is partnering with installment lender Afterpay to provide payments solutions for merchants in North America. Australia-based Afterpay operates in several countries, including the U.S., and allows merchants to give shoppers a digital layaway option through installment payments.

Strategy 221

Strategy US America Cards 221

Bank Innovation

APRIL 15, 2016

Bank of America Corp. “We’re up and operating Read More. needs to wait “a few months” for its clearXchange partners to catch up to it. The megabank’s CEO, Brian Moynihan, said yesterday that clearXchange was “a few more months” from “heavy” marketing of the P2P payments platform.

America 150

America Operations Marketing Payments 150

PYMNTS

DECEMBER 19, 2018

While quick-service restaurant (QSR) managers and customers might view the same menu, they might not always be on the same page when it comes to technology and innovation. However, a look at recent data found that many QSRs are not exactly quick to implement customers’ preferred innovations. About The Restaurant Readiness Index.

Innovation 123

Innovation Management America Customer Experience 123

PYMNTS

NOVEMBER 8, 2017

Through an agreement with Citibank, corporate payments company WEX is now able to link government agencies to its fleet card solutions, according to an announcement made Tuesday (Nov. Bank, to have landed a contract to operate GSA SmartPay 3, a government payments program. Citibank is one of two banks, the other being U.S.

Cards 100

Cards America Operations Management 100

Bank Innovation

JULY 17, 2018

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores.

Innovation 210

Innovation Mobile Study Survey 210

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Operating locally can give a payments service provider a distinct advantage. WHY GOING LOCAL MAKES A DIFFERENCE.

America 100

America Payments Fraud Case Study 100

PYMNTS

OCTOBER 1, 2020

A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital. Six key elements are examined: business strategy, management and operations, growth and marketing, getting paid, making payments and protecting employees and customers.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

APRIL 12, 2018

Fiserv, a global provider of financial services technology solutions, announced Wednesday (April 11) it has named Kim Crawford Goodman president of card services. Goodman brings to Fiserv more than 25 years of experience in the payments market, software and business innovation, and consulting. percent and 35.1

US 124

US Cards Leadership ATM 124

PYMNTS

JANUARY 24, 2018

Vocalink, of course, provides and operates the central payments processing infrastructures that power the U.K. 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.

Innovation 139

Innovation Payments Operations Marketing 139

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. In July, Uber partnered with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico to promote banking in what is mostly a cash country.

United States 137

United States America Regional Innovation 137

PYMNTS

JULY 26, 2017

Credit card processor Total System Services reported results Tuesday after the markets closed that topped Wall Street expectations. Also at an all-time high: operating income, which passed $100 million, amid greater cost control (and which also factors in the TransFirst deal). Sales came in at $1.2 billion, up from $1.1

Cards 100

Cards America Compliance Operations 100

PYMNTS

OCTOBER 8, 2020

EMEA, Asia and the Pacific and Latin America. The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S.,

Report 247

Report Fraud Risk Management America 247

PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. Bringing Innovation to a Traditional Industry. Paul Davis was founded in 1966 and has become one of the largest post-disaster building restoration companies in North America. There wasn’t good accountability.”.

Management 141

Management Technology Analytics Resources 141

PYMNTS

OCTOBER 16, 2020

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. The tie-up will give U.S.

America 291

America Innovation Customer Experience Industry 291

FICO

SEPTEMBER 10, 2018

Scott Zoldi, has been named one of the top 100 innovators in data and analytics by Corinium. My focus is on applying artificial intelligence and machine learning to our customers’ operational data, to allow actionable and measurable decision management,” said Scott. “I billion payment cards worldwide. Congratulations, Scott!

Analytics 66

Analytics Innovation Data America 66

PYMNTS

FEBRUARY 13, 2020

We know that innovation is powered by the most talented people, and we welcome Trish’s wealth of payment experience. Her fresh thinking is invaluable to the team as we forge ahead with our ambition to responsibly serve the financial needs of one billion potential customers and businesses in Europe and the Americas.”.

Apple 225

Apple Payments Customer Experience America 225

PYMNTS

JULY 9, 2020

Big restaurant chains are faster to recover from the pandemic as compared to smaller independent eateries, Bank of America (BoA) said, as reported by CNBC. Gregory Francfort and JonMichael Shekian , BoA analysts, looked at transaction data from BoA credit and debit card holders to see how people were spending at restaurants.

Innovation 159

Innovation America Industry Report 159

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 North American ATM operating revenue increased 3 percent, but was offset by lower revenue in the U.K. Late Thursday (Nov.

ATM 155

ATM Cards Operations Regional 155

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. The main reason is that China was not a card-based economy. Most COBOL programmers are in their 50’s and soon their numbers will disappear.

United States 316

United States System Mobile Maine 316

PYMNTS

JANUARY 15, 2020

With an EBANX account, customers will get a card with 5 percent cash-back rewards and app-based payments features. Beyond Brazil, EBANX operates in Mexico, Colombia, Argentina, Chile, Peru, Ecuador and Bolivia. Brazil is the largest country in South America and one of the biggest emerging economies in the world.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

JUNE 22, 2020

Credit and debit card penetration in markets like Mexico is still low compared to the U.S. For example, so many of Mexico’s consumers who might be interested in purchasing their products may not have credit or debit cards to pay for their purchases. Global Reach, Local Payments Solutions.

Strategy 230

Strategy Payments America Examples 230

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

NOVEMBER 19, 2020

In addition, the Super Bowl Experience, presented by Lowe's, will also be cash-free, and fans that only have cash will be able to access ATMs that accept cash and dispense Visa cards up to $500, available with no fees, the release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

ATM 201

ATM America Cards Payments 201

PYMNTS

JULY 7, 2020

While banks may be big, slow, lumbering elephants, when they operate as a herd, they can mow down a horse,” said Linville, a former CEO of global cards and consumer services at Citigroup. “I’m For alt lenders, that might mean launching a credit card. I’m very bullish on big banks’ ability to pivot.”.

Fintech 223

Fintech Innovation Software Technology 223

PYMNTS

OCTOBER 20, 2020

Despite low average incomes, Latin America offers a huge overall market size and growth potential. What we're seeing is a shift toward more credit cards and debit cards, but also an explosion of the FinTech companies,” he said. The spirit of the people in Latin America will prevail.”. 16 Million In New Funding .

Company 184

Company America Kentucky Regional 184

PYMNTS

JANUARY 20, 2021

In " A Look Forward: What Executives Wish for America and the World in 2021, " Frere shares three examples of how embedded B2B finance is already being utilized successfully in today's economy. There is no need to fumble with cash or hand a payment card to the driver — it happens automatically. Apple iTunes is another.

Payments 175

Payments Examples Software Management 175

PYMNTS

FEBRUARY 13, 2020

We know that innovation is powered by the most talented people, and we welcome Trish’s wealth of payment experience. Her fresh thinking is invaluable to the team as we forge ahead with our ambition to responsibly serve the financial needs of one billion potential customers and businesses in Europe and the Americas.”.

Apple 150

Apple Payments Customer Experience America 150

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

JANUARY 15, 2021

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . The Just Walk Out system will automatically charge consumers’ credit cards, with receipts available by email.

Technology 196

Technology Dallas Retail Training 196

PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Knowing which card pays which subscription, let alone canceling them, can be a pain point. As many as 74 percent of consumers have said that cancellations are the most frustrating aspect of having a subscription.

Management 181

Management Technology Cards Retail 181

PYMNTS

OCTOBER 8, 2019

Corporate spend data company Comdata is rolling out a new solution for its fleet clients enabling managers to visualize key performance metrics for their operations. Insights include drive decision patterns, how fleets are spending company funds on their Comdata Fuel Cards, fuel consumption and more.

Analytics 100

Analytics Management Data America 100