Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. million credit cards, 118.3 debit cards and 1.7

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Innovation Cards Trends System 196

PYMNTS

AUGUST 20, 2020

The New Samsung Pay Card . As digital payments and digital commerce have expanded their penetration among consumers and merchants alike, the greater usage is pushing the pace of innovation in the segment. In a typical digital-wallet offering, one registers their card credentials into the wallet directly.

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Samsung Cards Payments Innovation 238

Chris Skinner

JULY 19, 2017

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. Penny, the New Mint Penny is an app that examines behaviour around your bank accounts and credit cards to alert you of any issues, such as data breaches. These are the ones I quite liked, so it’s not exhaustive.

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South State Correspondent

MAY 13, 2024

With 142 presentations and panels, the content was tailored to the needs of every bank interested in payments. The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders.

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Conference Payments Fraud Data 195

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

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Cards System Innovation Analytics 150

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

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Innovation Data System Mobile 222

PYMNTS

NOVEMBER 23, 2020

For purposes of this analogy, the “basement” into which bad mice are creeping is most likely your legacy payroll/expense management software and its possibly compromised connections. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

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System Management Tools Cards 165

PYMNTS

SEPTEMBER 19, 2019

A majority (55 percent) of corporate professionals identified real-time payments as their top B2B payment service priority, according to the Real-Time Payments Innovation Playbook. With innovation comes new challenges. The real estate market also recently saw innovations. Security vs. Friction. The Future of B2B Payments.

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PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service. Leavitt explained.

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Cards Payments Analytics Data 134

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers. Onboarding , for example, can take weeks.”

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Cards Payments Management Security 234

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. When they started thinking about the small business and corporate space, I think they saw much bigger opportunities.”

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Innovation Data Fintech Lending 208

PYMNTS

DECEMBER 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. An example of the conjunction of commercial card innovation and shifting corporate payment trends can be found in the evolving workforce. “The workforce is evolving,” Jamison told PYMNTS.

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Cards Management Trends Innovation 142

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

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Management Innovation Taxes Marketing 200

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

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Cards Management Fraud Payments 109

PYMNTS

DECEMBER 9, 2019

Shortly after being introduced to the assembled employee base at a companywide presentation by then eBay CEO John Donahoe, an audience member stood up and asked Schulman to define his vision for PayPal. and Europe are using cards to make their payments.

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Innovation Payments Cards Capital 209

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

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PYMNTS

SEPTEMBER 30, 2019

Less than a year after launching its corporate virtual card solutions, Australia-based DiviPay has announced new funding from the venture capital arm of ANZ Bank. “What we found was it was very difficult for small businesses in Australia to get access to corporate cards,” Kniaz said. 28) said the VC unit, ANZi, led a $1.56

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Cards Management Policies Capital 100

PYMNTS

JANUARY 8, 2020

There is more than one way to drive commercial card innovation. For corporate buyers, adoption can stem from opportunities around rewards and rebates, elevated transparency, fewer hidden fees and data integrations with other back-office financial management tools. Uber Jumps Into Biz Card Rewards. A Focus On Transparency.

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PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. There are two key aspects to the firm’s effort in reducing virtual card acceptance friction.

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Cards Payments Tools Analytics 162

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. X1 Card Raises $12 Million In Funding Round Led By Spark Capital.

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Cards California Capital Tools 152

PYMNTS

AUGUST 12, 2019

By the numbers, 2019 is a good year for corporate card innovation. According to the Corporate Credit Products edition of the Innovation Readiness Playbook™ , 74 percent of FIs offer corporate credit products and 94 percent are currently developing new products or planning to do so within the next year.

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Cards Innovation Fintech Marketing 155

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

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Cards Fraud Taxes Data 118

PYMNTS

MARCH 18, 2020

According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 Cards — debit or credit — they say, are not really their core business. Cards are really auxiliary to my business,’ but to some extent that’s missing the point,” he said. “As

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Cards Tools Mobile Google 217

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

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Cards US Data Fraud 98

Chris Skinner

JULY 20, 2017

One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there is the fastPay Wallet. million views.

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PYMNTS

AUGUST 10, 2017

In the early days, adopters of the new technology mostly used it to check card spend at the end of the week or month. Bank officials touted the innovation as a form of insurance against fraud, and so far, it seems to be just that. At the same time, Santander had also moved beyond simple card spend checks. Santander U.K.

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Security Technology Fraud User Experience 156

PYMNTS

MARCH 2, 2020

This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. Checks have been common in temporary staffing, but disbursements to reloadable debit cards are drawing new interest. rose from 3.1 million by 2022.

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Cards ATM United States Payments 130

Gonzobanker

OCTOBER 6, 2015

While bankers may be a bit fatigued this year by articles about payments, the more enlightened Gonzo bankers are paying close strategic attention to the single most impactful payments trend in our industry: the shift from a plastic card to a “card-not-present” world. times faster than card-based transactions.

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Cards Fraud Apple Google 60

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposers are the ecosystem wild card. Decomposer for innovator large or small, established or emerging. Absent an energy source, the ecosystem dies.

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Innovation Cards Payments San Francisco 146

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. Such an app could potentially involve as much as $2 trillion in card spending. .

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PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. Card fraud is an ever-present threat.

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South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies.

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Conference Las Vegas Fraud Case Study 221

PYMNTS

AUGUST 13, 2019

College is also a notable location for the rise of other retail innovation — including technology that is changing the quick-service restaurant (QSR) word, mobile order-ahead. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services. Program Challenges.

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Retail Innovation Course Trends 127

PYMNTS

JUNE 21, 2019

Mobile Innovation. College is also a notable location for the rise of other retail innovation — including technology that is changing the QSR word, mobile order-ahead. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services. Subscription Rising.

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Retail Innovation Mobile Course 100

CFPB Monitor

AUGUST 27, 2020

The CFPB has issued a new request for information about the credit card market that seeks comment on two related, but separate, reviews. The RFI includes citations to each of the CARD Act rules and further information about their content.). (The CARD Act Review. Section 610 Review. Debt relief and settlement.

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Cards Marketing Compliance Innovation 78

PYMNTS

SEPTEMBER 10, 2019

9), Everlink said it will integrate technology for real-time electronic payment and banking technology firm ACI Worldwide, using its UP Payments Risk Management solution to power Everlink’s new eSCORE fraud management tool. In a press release Monday (Sept.

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Fraud Risk Management Cards Tools 122

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. Trackers and Reports.

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Cards Technology social media Meeting 131