PYMNTS

DECEMBER 30, 2019

The middle market can be an ideal corporate customer for a financial institution (FI). Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. But you shouldn’t shove [the middle market] into small business or commercial — you should have a third segment.”.

Cards 132

Cards Marketing Tools Management 132

CFPB Monitor

JANUARY 26, 2023

The CFPB has issued a new request for information (RFI) to inform its biennial review of the credit card market mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act). Comments on the RFI must be received by April 24, 2023. Continue Reading

Cards 78

Cards Marketing Report 78

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

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Report Innovation Fintech Payments 300

PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Wells Fargo also reported heightened debit card usage.

Cards 285

Cards Conference Groups Report 285

CFPB Monitor

MARCH 31, 2022

The CFPB has issued a report titled “ Credit card late fees ” that discusses the consumer impact of late fees by card type, credit score, and geography, and market reliance on late fees. Director Chopra commented as follows: Many credit card issuers have made late fee penalties a core part of their profit model.

Cards 78

Cards Report Regulation Strategy 78

CB Insights

MARCH 3, 2023

Crypto-as-a-service companies in the market provide the backend infrastructure enabling businesses to offer end users crypto products. Crypto-as-service powers crypto wallets, trading, payments, rewards, and debit and credit cards. What is crypto-as-a-service? Want the full expert post? Become a CB Insights customer.

Trends 67

Trends Report Marketing Payments 67

CB Insights

MARCH 3, 2023

Payment application programming interface (API) and infrastructure companies enable small and medium-sized businesses (SMBs) to manage payments by providing APIs and infrastructure tech that act like credit card processors. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Trends 69

Trends Report Marketing Payments 69

PYMNTS

DECEMBER 21, 2020

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. JCB is teaming with LayerX , a local company, on the offering, Ledger Insights reported. Not many particulars of the effort were available, according to the report. million cardholders and $321.6

blockchain 246

blockchain Report Payments System 246

CB Insights

MARCH 9, 2023

Many of these companies also offer corporate debit and credit cards. The post Market Trend Report: Spend management for SMB leaders appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Trends 62

Trends Management Report Marketing 62

CFPB Monitor

SEPTEMBER 9, 2019

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews.

Cards 60

Cards Report Marketing Leadership 60

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

Cards 248

Cards Innovation United States Branding 248

CB Insights

MARCH 27, 2023

Some companies build products like multi-currency debit cards and other online payment capabilities. The post Market Trend Report: Cross-border payments for SMB leaders appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Trends 60

Trends Report Marketing Payments 60

CFPB Monitor

DECEMBER 19, 2023

Continue Reading

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Cards Report Marketing 78

CFPB Monitor

OCTOBER 17, 2022

Last week, the CFPB released its eleventh annual report to Congress on college credit card agreements. The annual report is mandated by the CARD Act. College Deposits Market. College credit card agreements.

Cards 78

Cards Report Regulation FDIC 78

PYMNTS

AUGUST 11, 2020

Apple has added a new one-click payment option to its online store for users of the Apple Card , according to a 9to5Mac report. Those using the card can now check out by just clicking the option for the Apple Card when buying something through the Apple online store.

Apple 202

Apple Cards Online Report 202

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

PYMNTS

SEPTEMBER 7, 2020

For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. In late-March, Bloomberg reported that large U.S. Winter Blues. Spring’s SMB Support.

Cards 246

Cards Tools Capital Payments 246

CB Insights

SEPTEMBER 13, 2022

Businesses can receive payments instantly by downloading a mobile app that connects a smartphone or tablet to a card reader. download the STATE OF FINTECH Q2 2022 report. download the STATE OF FINTECH Q2 2022 report. The post Market Trend Report: Mobile Point-Of-Sale for Vendors appeared first on CB Insights Research.

Trends 64

Trends Mobile Report Marketing 64

PYMNTS

SEPTEMBER 21, 2020

Onyx CenterSource , which provides B2B payments and business intelligence for the hospitality industry, has launched a new virtual credit card intended for use by hospitality and travel clients, according to a report by Hotel Business.

Cards 173

Cards Course Payments Fraud 173

Bank Innovation

MARCH 24, 2020

Brex, a corporate card and financial product startup that has raised $315 million in equity and reached a reported valuation of $2.6 billion since its 2017 founding, is optimistic about venture capital funding for tech companies, despite current market volatility.

Marketing 199

Marketing Capital Cards Report 199

CB Insights

MARCH 20, 2023

Solutions include white-label personal finance platforms that offer customized insights on money management, loyalty and cashback programs, and other card-linked offers. The post Market Trend Report: Customer experience add-ons for banking leaders appeared first on CB Insights Research. Want the full expert post?

Customer Experience 54

Customer Experience Trends Report Marketing 54

PYMNTS

JANUARY 24, 2021

percent, or $10 billion, by 2020, the report says. The crimes that ended up driving the change in 2020 were scams and the darknet market, the blog's stats report. LVL, an upstart bitcoin exchange, has rolled out its own Mastercard debit card which it's taking pre-orders for, a report from CoinDesk says.

Bitcoin 234

Bitcoin Marketing cryptocurrency Cards 234

PYMNTS

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. As reported this week, J.P. Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). Chase has also said that its new SMB offering will enable firms to take card payments within minutes.

Marketing 306

Marketing Maine Cards Payments 306

PYMNTS

OCTOBER 5, 2020

United Airlines and Chase Card Services today launched a “United Gateway” credit card that carries no annual fee and offers new users who charge $1,000 within three months of enrolling 20,000 frequent-flier miles. The card's rewards program includes 3 travel miles for every $1 spent on groceries through Sept.

Cards 180

Cards Industry Meeting Management 180

PYMNTS

FEBRUARY 11, 2020

11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. . The People’s Bank of China said in a statement that it has approved an application by Mastercard’s Chinese joint venture to conduct bank card clearing business in the country.

Marketing 200

Marketing Payments Cards Mobile 200

CFPB Monitor

DECEMBER 31, 2019

The CFPB has released its eighth annual report to Congress on college credit card agreements. The annual report is mandated by the CARD Act. (The The first two reports were issued by the Federal Reserve Board.). The information in the report is current as of the end of 2018.

Cards 78

Cards Report Trends Marketing 78

PYMNTS

AUGUST 10, 2020

The funds can then be deposited into any type of account, including a bank account, prepaid card or digital wallet. Only 13 percent of consumers and 8 percent of microbusinesses get their money through an instant payment to a debit card, credit card, digital wallet or prepaid card. We surveyed more than 5,000 U.S.

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Report Payments Millennials Cards 228

PYMNTS

NOVEMBER 25, 2020

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2 About The Tracker.

Report 260

Report Trends Payments United States 260

FICO

MAY 30, 2022

The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Learn More About UK Cards Trends. Highlights .

Cards 52

Cards Report Payments Trends 52

PYMNTS

DECEMBER 2, 2020

This week's Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed to enhance spend management and help SMBs access credit during turbulent times.

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Cards Fintech Innovation Management 163

PYMNTS

SEPTEMBER 19, 2016

The growth of the mobile commerce (mCommerce) and eCommerce industries is fueling the global smart card industry, which is expected to grow at a compound annual growth rate (CAGR) of 8 percent through 2020, according to a new research report. All such factors are expected to drive the market during the forecast period.”.

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Cards Marketing Mobile Industry 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.

Cards 78

Cards Marketing Compliance Innovation 78

FICO

JUNE 14, 2021

Our latest UK Credit Market Report on card trends for April 2021 shows the impact of the opening up of hospitality and retail on April 12. The figures include a 12 percent rise in card spend and more customers exceeding their card limit. This is the largest monthly increase in spend for over two years.

Cards 52

Cards Report Marketing Trends 52

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

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Course Cards Capital Payments 202

PYMNTS

MARCH 10, 2020

In seed funding from well-known angel investors, corporate card FinTech Karbon Card has notched $2 million. Amrish Rau, the PayU founder and Pine Labs CEO, and Kunal Shah, Cred founder, are among the investors, VCCircle reported. Amit Jangir and Pei-fu Hsieh started Karbon Card last year.

Cards 143

Cards Report Operations Tools 143

PYMNTS

NOVEMBER 18, 2020

In the fourth quarter, the two companies aim to work with "business and corporate cards, travel cards, fleet cards and procurement cards, among other corporate payment solutions" to aid businesses of varying sizes and sectors to move cashless payments.

Cards 188

Cards Regional User Experience Payments 188

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. RLJ Financial On Managing B2B Spend With Virtual Cards.

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Management Cards Company Innovation 268