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

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

AUGUST 12, 2019

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. After the first payment, participants can get a $5 Starbucks gift card. Marketing expense was $88.9 Hey, did you hear about Groupon ? More Losses.

Cards 100

Cards Online United States Chicago 100

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. Looking for small business resources?

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Celent Banking

MAY 22, 2017

I would encourage anyone interested in this to look at the full video online , but here are some highlights and my takeaways. 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.

Google 128

Google Cards Conference Video 128

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

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

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

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

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.

Fraud 52

Fraud Cards Analytics System 52

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

AUGUST 9, 2018

The dominant — and pretty much only — name in the smartphone market was Blackberry, and it was mostly for the uptight professional who could only be truly happy when reading their work emails. The App Store and Android Market (Google Play’s previous iteration) were both three years away, and Siri was seven years away.

Online 101

Online Sacramento Course New York City 101

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

JANUARY 7, 2021

Online FinTech startup SoFi announced Thursday (Jan. 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.

Capital 150

Capital Los Angeles Boston Lending 150

BankBazaar

SEPTEMBER 24, 2020

With a plethora of Savings Accounts available in the market, most of which look pretty much the same, it might be difficult for you to zero-in on an account that is best suited to your needs. Ease of online access. Debit card offers. Does the bank have a cap on the number of free online transactions? Let’s find out.

How To 78

How To ATM Cards Meeting 78

PYMNTS

MAY 25, 2018

Moreover, while Victoria’s Secret is starting to see success by moving its customer base online, that success comes at a cost. Online, margins are aren’t as strong, and the increase in digital traffic is not yet offsetting the fall in physical traffic. According to market watchers, the brand is out of step with its offering.

Branding 108

Branding Retail Cards Online 108

PYMNTS

JANUARY 9, 2019

In an interview with PYMNTS’ Karen Webster, Paya President Greg Cohen said the First Billing deal reflects Paya’s determination to continue tapping into markets that are underpenetrated when it comes to independent sales organizations (ISOs), independent software vendors (ISVs) and other technology partners.

Software 158

Software Ohio Strategy Technology 158

PYMNTS

APRIL 12, 2017

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. The big play Amazon made in the past few weeks came in a form not normally associated with eCommerce, at least not in the more mature digital markets. This week, Amazon is at it again.

San Diego 101

San Diego Retail Online Marketing 101

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

Celent Banking

JANUARY 28, 2016

Back in 2011, I wrote a report titled Innovative Payment Startups: Bank Friends or Foes? Some solutions actively support the established payment systems, in particular cards. Others are expanding the market by enabling payment transactions in places where they may not have been possible before.”

Fintech 100

Fintech Innovation Retail Payments 100

PYMNTS

MARCH 6, 2019

StyleSeat Founder Melody McCloskey knew she had a good idea when she launched StyleSeat in 2011, because the concept seemed so intuitive. The platform’s features include management of scheduling, client notes, social media, email marketing promotion and payment services like credit card acceptance or direct daily payouts.

social media 111

social media Management Branding Innovation 111

PYMNTS

JULY 10, 2017

It’s not the card network’s first — or even second — such move in identifying and then investing in payments players that have built companies with a digital and/or mobile-first focus. In 2011, Visa invested in Square and in 2015, Stripe. Think cards, but digital ones, accounts issued digitally by the Bank of Klarna. And global.

Regional 100

Regional Mobile Cards Security 100

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Increase the number of customers on Amazon, and enable each customer to spend more. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. But it would be over the next four years that eBay would find itself increasingly pulled into a riptide of changing market dynamics.

Online 128

Online Retail San Francisco Mobile 128

NCR

JULY 31, 2016

The use of credit and debit cards continues to grow in the developed world as many people turn away from cash. New figures from the UK Cards Association reveal that debit transactions have become the backbone of the country’s consumer economy, reflecting key changes in the way consumers access their money. Overall, £12.6

Cards 40

Cards ATM Payments System 40

PYMNTS

SEPTEMBER 5, 2018

In 2011, the European Commission (EC) introduced a new directive to combat late payments, citing that “thousands of small and medium-sized enterprises (SMEs) go bankrupt waiting for their invoices to be paid.” Online payment is a must.” Late invoice payments aren’t an issue isolated to the U.S.,

Payments 101

Payments Mobile Cards Strategy 101

Fintech Labs Insights

NOVEMBER 4, 2021

Lendio first launched to the public at Finovate in May 2011 (7 minutes). . I first met Lendio when they demo’d on stage at our fourth FinovateSpring back in 2011 (see demo above ). They support most types of debt products from commercial loans to business credit cards. Lendio primarily markets directly to business owners online.

Utah 15

Utah Google Cards Lending 15

NCR

SEPTEMBER 15, 2017

After years of lagging behind many other developed nations, the US market is rolling out EMV technology. Keep in mind, the US market had the most cards to re-issue and the most POS devices to replace, it was a costly initiative, but in the long run, can save substantial costs associated with fraud. million in 2016.

Fraud 84

Fraud Cards Security US 84

PYMNTS

JULY 23, 2018

Median household income, which had dropped to $58,829 in June 2011, has consistently increased since the summer of 2014. May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market.

Cards 122

Cards Groups Report US 122

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. billion — not bad, but far below what other major online retailers are seeing. percent to close at $22.05.

US 230

US Company Report Payments 230

Accenture

AUGUST 29, 2019

AI is already a big part of our daily lives—from getting song recommendations from Spotify to your bank calling to check a recent card transaction that has been triggered by AI fraud monitoring. People similarly feared the rise of the internet, but a 2011 study of 13 countries found the internet accounted for 3.4

Strategy 150

Strategy Study Training Technology 150

Celent Banking

NOVEMBER 17, 2015

Many of the top FinTech companies—Square for card acceptance, Stripe for e-commerce, and Kabbage for business loans, have gained prominence serving primarily small businesses. Online small business lending by direct credit providers has especially taken off. in 2014 and projects expansion to $35B by 2020.

Report 100

Report FDIC Lending Fintech 100

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. I would say around 2010, 2011, 2012, with Apple having mobile payments acceptance in stores, checking out on mobile devices, that’s where we saw transactions become much more personal,” Dasilva said of in-store retail experiences.

Retail 100

Retail Apple Fraud Online 100

Accenture

MAY 22, 2019

Tim brings a unique perspective to treasury management services, having worked in industry, for solution providers and in consulting, helping commercial banks meet changing client expectations with new product and market strategies. And the cost of entry into the market is low for them. No cash, check or credit card required.

Payments 150

Payments Customer Experience Survey Capital 150

PYMNTS

APRIL 25, 2016

Fraud is moving en masse online , though, as in-store methods are getting harder and crooks look to find the weakest link. According to the PYMNTS/Forter Global Fraud Attack Index , online fraud attacks have jumped by 11 percent since the shift in the U.S. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100

Lending Mobile Cards Fraud 100

NCR

SEPTEMBER 12, 2016

The availability of contactless cards, schemes like PayPal and mobile payment services for Apple and Android devices – added to a plethora of credit and debit cards – means global consumers have more ways to complete transactions than ever before. Card acceptance isn’t universal. Security concerns.

Michigan 40

Michigan Cards Mobile ATM 40

PYMNTS

OCTOBER 1, 2018

“As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” When LendingClub entered the market in 2006, Laplanche had one idea in mind: disrupt the banks. The Response.

Lending 135

Lending Fraud Management San Francisco 135