PYMNTS

APRIL 28, 2016

is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., The shift to EMV in the U.S. Last year alone, over 2.06 marking a twofold increase over 2014.

Cards 100

Cards Payments United States America 100

PYMNTS

DECEMBER 27, 2019

Italy, which has one of the lowest rates of credit card use in Europe, may start to see that change soon as the government will give bonuses to those who use electronic payment services over cash. By offering the incentive, they hope to cut down on black market deals and fraud, they say. But the change is not welcome to everyone.

Payments 150

Payments Fraud Cards Marketing 150

PYMNTS

SEPTEMBER 23, 2016

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. Credit card balances rose 3.4

Cards 100

Cards Report National Millennials 100

PYMNTS

JANUARY 19, 2017

A movement by countries around the globe to embrace a cashless future is resulting in plastic payments (think credit and debit cards) to erode cash’s market share. The firm found that 471 billion cashless payments were made around the world in 2015, up 52 percent since 2011.

Payments 100

Payments Cards Retail ATM 100

Tomorrow's Transactions

JUNE 3, 2016

I’m in Frankfurt for the annual PayComm MEETS Europe, my chance to catch up with practitioners from the continental card markets. It’s really hard to keep up with all of the change in the market, driven primarily because of the regulation rather than new technology. The pace of regulatory change seems relentless.

Cards 30

Cards Marketing Regulation Course 30

PYMNTS

JUNE 13, 2019

Founded in 2011, Ola is making its first entry into the United States. Hyundai will proactively respond to market changes and persistently innovate to deliver greater value to our customers.”. Hyundai will proactively respond to market changes and persistently innovate to deliver greater value to our customers.”.

United States 100

United States Groups Leadership Cards 100

Chris Skinner

MAY 8, 2017

America’s biggest banks haven’t seen much change to their market share in the last decade, and UK banks have just been getting bigger. That grew to 70% and, excluding the impact of mergers and acquisitions, the four largest banks have lost less than 5% market share since 2005. appeared first on Chris Skinner's blog.

Metro 184

Metro Marketing America Survey 184

PYMNTS

FEBRUARY 21, 2017

Most recently, the credit card company struck a partnership with Swipezoom in the United Arab Emirates to roll out a B2B payment and invoice management solution, signaling B2B FinTech as a key focus for Mastercard in the market. Mastercard has invested significantly in the Middle East, home to a blossoming FinTech scene.

Cards 109

Cards Regional Fintech Community 109

PYMNTS

JUNE 21, 2019

billion but that the deal was not disclosed properly to the market or other investors, and that it secretly paid Qatar £322 million. He left in 2011. In other Barclays news , the bank recently divested its portfolio of physical prepaid cards in the U.K., They all face a retrial. The SFO says the bank tried to raise £11.8

Fraud 108

Fraud Cards Capital Groups 108

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts 89

Massachusetts Cards Report West Virginia 89

PYMNTS

FEBRUARY 13, 2019

“We expect loan growth to pick up a bit given the solid employment market and high consumer confidence,” Moody’s said in the report. Credit card delinquencies rose slightly from 6.33 Year-over-year card balances grew 4.8 percent increase in Q2, which was the slowest pace since Q4 2011.”. percent a year ago to 6.65

Report 128

Report Cards Marketing Company 128

PYMNTS

JANUARY 2, 2019

According to a report citing data from the Federal Reserve, consumer debt — which includes credit cards , auto loans, student loans and personal loans — is expected to hit $4 trillion this year. According to data from Experian, the credit scoring company, consumers owe on average $6,826 on credit cards, which is 1.9

Cards 131

Cards Lending Report Data 131

PYMNTS

SEPTEMBER 7, 2016

AC&M Consulting found that the Russian mobile payments market grew by almost 40 percent in 2015, to 70.4 billion) eCommerce market in 2015, according to Telecompaper. MegaFon is responding and has introduced a contactless payment card that uses the subscriber’s mobile phone balance rather than their bank account.

Mobile 100

Mobile Payments Cards ATM 100

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts 74

Massachusetts Cards Report West Virginia 74

PYMNTS

MARCH 2, 2020

The FinTech startup offers free credit scores, credit card applications, loans and savings accounts. Some have pointed to a similar attempt by H&R Block in 2011, when it tried to purchase another DIY tax software company. It shares about 80 percent of the market with H&R Block.

Taxes 130

Taxes Miami Software New York 130

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. It also limited the restrictions that issuers and payment card networks can place on the processing of an electronic debit card transaction. . New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

JUNE 19, 2018

The warehouse club retailer also said that it plans for each share to be issued in a range between $15 to $17, leading to a market cap topping $2.15 When private equity partners Leonard Green & Partners and CVC Capital Partners took the company private in September 2011, the deal was worth almost $3 billion. million shares.

Massachusetts 115

Massachusetts Mobile Cards Examples 115

PYMNTS

FEBRUARY 3, 2020

And in leveraging Amazon’s scale as a platform — with millions of small to medium-sized businesses (SMBs) and even micro-sized businesses hawking pretty much everything under the sun — it might seem a “slam dunk” if, say, a financial industry powerhouse were looking to bring small business loans to a new market. The Challenge.

Lending 146

Lending Apple Study Online 146

Celent Banking

MAY 22, 2017

Google has discussed: Google Payment API , which enables merchants to let their customers check out via any cards stored with Google. Importantly, it also includes cards registered via Android Pay. It is already available in 10 markets, and is launching soon in Brazil, Canada, Russia, Spain, and Taiwan.

Google 128

Google Cards Conference Video 128

PYMNTS

OCTOBER 23, 2018

“State securities laws are vital to protecting the hard-earned savings of working families and Main Street investors from financial fraud, and my office will continue to do what’s necessary to protect the public and the integrity of our markets.”.

New York 139

New York Fraud Community Bank Strategy 139

PYMNTS

AUGUST 23, 2019

The company went public in 2011 and was once valued at $16.5 billion, but its current market value is $1.42 After the first payment, participants can get a $5 Starbucks gift card. His resignation comes as Chief Executive Rich Williams is attempting to boost business by targeting local commerce and higher-value customers.

Chicago 145

Chicago Millennials Tools Study 145

PYMNTS

AUGUST 1, 2019

Such boxes represent a small segment of the broader subscription market, but they face the same challenges, including fraud attempts like card-and-wallet tests and account takeovers (ATOs). KiwiCo was founded in 2011 and offers seven different subscription boxes focused on different age groups or interests.

Security 108

Security Cards Fraud Survey 108

FICO

FEBRUARY 9, 2022

The payments market in Brazil is undergoing radical change as the country moves from a traditionally cash-based society to new flexible payment products and services. Most Latin American card networks rely on chip and PIN fraud detection technology. Expansion Brings Fraud Challenges.

Fraud 52

Fraud Cards Analytics System 52

NCR

SEPTEMBER 6, 2016

A number of factors influence this bond, including your previous experiences with the brand or product, the effectiveness of the company’s marketing communications, and the advice of family and friends. Based in the UK, Andy is responsible for the marketing for NCR’s payments solutions.

Cards 40

Cards South Carolina Study Kansas 40

CFPB Monitor

JULY 28, 2016

CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business.

Washington 60

Washington Cards Report Seattle 60

PYMNTS

FEBRUARY 8, 2018

Essentially, it means handling everything other than card issuing, authorization and transaction processing. The startup remembers struggling to get its program up and running back in 2011. “We Being a program manager isn’t easy. Perhaps that’s why companies like Cascade found themselves so frustrated working under a program manager.

Management 167

Management Compliance Maine Policies 167

PYMNTS

NOVEMBER 11, 2019

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

DECEMBER 9, 2019

And against that backdrop, while regulatory hurdles are in place for crypto at the moment, there is the increased profile of cryptos, through private and public efforts — and what Deutsche termed “the incentives of governments and card providers are such that digital currencies are inevitable.”.

Bitcoin 130

Bitcoin cryptocurrency Course System 130

PYMNTS

DECEMBER 9, 2019

And against that backdrop, while regulatory hurdles are in place for crypto at the moment, there is the increased profile of cryptos, through private and public efforts — and what Deutsche termed “the incentives of governments and card providers are such that digital currencies are inevitable.”.

System 130

System Bitcoin cryptocurrency Course 130

PYMNTS

AUGUST 12, 2019

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. Traditionally, online retailers receive and process credit card information upon each transaction. The video game subscription market is getting increasing crowded.

Retail 118

Retail Video Security Software 118

PYMNTS

AUGUST 12, 2019

After the first payment, participants can get a $5 Starbucks gift card. With the new partnership, Groupon will provide Prodege with card-linked offer content for local restaurants and other merchants. Marketing expense was $88.9 The program costs $4.99 There are no order minimums or savings caps when using the program.

Cards 100

Cards Online United States Chicago 100

PYMNTS

MARCH 6, 2017

While the types of data breaches now vary – from ransomware, to phishing emails, to insider attacks – malware continues to be a major culprit, with the AT&T Market Pulse: The Global State of Cybersecurity survey finding that 90% of U.S. The Introduction of PCI-Validated P2PE in 2011. Malware and its Role in Data Breaches.

America 119

America System Security Data 119

PYMNTS

JANUARY 28, 2019

Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The specific issue that I’m referring to is merchant surcharging – a fancy term to describe the fee charged by merchants when consumers use network-branded card products to pay for their purchases.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

JANUARY 7, 2021

Today, SoFi’s suite of products includes 11 different offerings including a no-fee bank and savings account, debit and credit cards, student loans, mortgages, investments, auto/life/homeowners/renters insurance, as well as lending and planning services for small businesses. The FinTech IPO Market.

Capital 150

Capital Los Angeles Boston Lending 150

PYMNTS

OCTOBER 17, 2017

The OrderUp acquisition from Groupon ended on similar terms, with Groupon customers gaining coupon codes and gift cards to certain Grubhub-participating restaurants. Grubhub absorbed 27 of OrderUp’s markets, including Baltimore itself, reported The Baltimore Business Journal. And all that was just within the most recent quarter.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

MARCH 12, 2019

Indeed, he said, a lack of regulatory momentum in certain markets means acquisitions are often the most effective choice. ” It was the latter for Wave, which recently acquired small business account and debit card solutions provider Every. “If you look at the current state of affairs of open banking [in the U.S. ”

Data 184

Data Fintech Strategy Regulation 184

Fintech Labs Insights

MARCH 15, 2024

The event is organized by industry veteran Bruce Burke who first landed on the events radar with his well-timed Social Mobile Payments conference launched in 2011. This time around he’s going after an even bigger market, AI in financial services.

Conference 15

Conference Las Vegas Fintech Case Study 15