Chris Skinner

JULY 5, 2017

Fifteen years ago, only 9 per cent of total household consumption was through cards. Today, Turkey is the largest market in terms of total number of cards and point-of-sales (POS) machines[1]. There are over 120 million debit cards, 59 million credit cards, and 2.3 The vision is to have a 100 per cent cashless society.

National 300

National Cards Innovation Payments 300

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

Digital Banking Mobile Technology Operations 199

PYMNTS

MARCH 19, 2019

Meanwhile, it’s becoming clear that when it comes to banks trying to gain an edge in this increasingly mobile and digital world, technology doesn’t always function as a silver bullet. Data: March 19, 2012: Expected rollout date for a third Same-Day ACH (SDA) processing window. Speaking of faster payments: Does the U.S.

Data 124

Data Payments Fraud Branding 124

FICO

MARCH 9, 2020

has become a prepaid card store, with rows and rows of gift and other prepaid debit cards on display. In April 2019 The Wall Street Journal reported , “The total amount loaded on general-use prepaid cards in the U.S. For a while now, it seems that every drugstore in the U.S. Our timing was right on.

Fraud 52

Fraud Cards Analytics ATM 52

PYMNTS

AUGUST 19, 2019

Aided by technology – and emboldened by the rise of cryptocurrencies – fraudsters are stepping up ransomware campaigns. These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Kimberly Sponaugle, was charged by the U.S.

Fraud 180

Fraud Delaware Maryland social media 180

PYMNTS

DECEMBER 9, 2019

Also, many FIs in those countries have been using more Know Your Customer (KYC) technologies, as well as digital addressing systems to assist with mail delivery. While rates in Ghana are higher, fewer than 60 percent of residents have a Ghana ID card. In 2017, Ghana introduced GhanaPost GPS and Nigeria partnered with What3Words.

Regional 131

Regional Compliance National System 131

PYMNTS

JANUARY 27, 2020

Currencycloud said it will use the funding to boost its technology portfolio and partner network. The firm said it will add integration with major software platforms, and increase alternate payment methods to offerings such as mobile wallets, instant payments and cards.

Payments 130

Payments Fintech Software National 130

PYMNTS

JUNE 18, 2018

Sources said that recent investments include Ripple Foods , which makes milk from peas, and credit card startup Marqeta. And when music streaming startup Spotify Technology went public in April, Goldman Sachs held a stake worth more than $350 million — a sevenfold return on a 2012 investment.

Video 100

Video Online Examples Capital 100

PYMNTS

JUNE 1, 2018

According to the report, there are more than 35,000 identification cards issued for people outside the country, with most of them going to residents of Finland, Russia, and Ukraine. In 2012, more than €7.3 Other options aren’t on the table. We’re not building a new currency,” the official told Bloomberg.

cryptocurrency 124

cryptocurrency National System Report 124

PYMNTS

JANUARY 24, 2017

Swedish biometrics firm Fingerprint Cards, a global market leader in biometric sensor technology for smartphones, announced on Monday (Jan. Fingerprint Cards named the two men as board member Lars Soderfjell and former CEO Johan Carlstrom. 2012 and March 2014, among other legal actions.

Cards 100

Cards Course Marketing Report 100

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. Card payments are also popular in Canada, with credit comprising nearly 22.9

America 128

America Mobile Cards Study 128

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Contactless and Mobile Payments.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Contactless and Mobile Payments.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

MAY 4, 2018

Other news includes a fresh look at Sinemia, a movie ticket subscription service that is taking on MoviePass, the latest effort by Sears to win more online retail business, plans for a Tesla rideshare program and a gift card data breach that recently hit a major player in the fleet industry. FLEETCOR Reveals Gift Card Data Breach.

Cards 100

Cards Retail Data Online 100

PYMNTS

MAY 31, 2017

Manish’s extensive experience across our network will help us capture a greater share of current and emerging flows, including eCommerce flows, leverage new technologies and penetrate global, domestic and cross-border flows through digital solutions,” said Naveed Sultan in the release.

Payments 100

Payments New York Cards Study 100

PYMNTS

SEPTEMBER 24, 2018

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. Also in January, Progressive Leasing and Marqeta , announced a technology partnership that aimed to enhance the checkout process for leasing customers.

Puerto Rico 176

Puerto Rico West Virginia Vermont Wisconsin 176

PYMNTS

AUGUST 8, 2017

Japan-based business card management service Sansan has announced news of fresh venture capital in support of its solution which helps professionals with business information management and networking. The service launched in Japan in 2012. An announcement Monday (Aug. An announcement Monday (Aug.

social media 100

social media Capital Study Leadership 100

PYMNTS

JUNE 3, 2020

Curing payment pains associated with complicated medical billing gets to the heart of how payments technology is moving medical money in smarter, faster ways. And yet, they are more aware than ever of the importance of the healthcare system and their need to access it. For many, it’s very difficult. Pushing Past Paper.

Payments 158

Payments Industry System Report 158

PYMNTS

JUNE 1, 2020

The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands. It is not the technology itself that is important, however, but the strategy behind it. ML, the Cloud and Competition.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

AUGUST 25, 2016

are seeking access to Apple’s NFC technology, which Apple currently restricts on iPhones and Apple Watch devices exclusively to Apple Pay. In its letter, Coles noted that NFC is a crucial technology in mobile wallet solutions, which the company has been using in NFC-enabled point-of-sale terminals since 2012.

Apple 100

Apple Retail Security National 100

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 26, 2016

That may be about to change, however, thanks to full-service payment solutions that can accept credit card, debit card and mobile wallet rent, while rewarding tenants for paying rent on time. But what if you could pay your rent with modern technology and earn perks and rewards in the process?

Payments 100

Payments Industry Cards Analytics 100

PYMNTS

JULY 7, 2016

Fraudsters, using email verification and proxy detection services, for example, have successfully found a way to: Compromise more than 630 million credit cards; Leak 1.2 Compromise roughly two-thirds of all credit cards. billion record onto the black market; and. Digital Discussion Host: Karen Webster.

Innovation 101

Innovation Tools Marketing Study 101

PYMNTS

AUGUST 22, 2017

Technology that has the ability to transform cities has given power to how people live their everyday lives. One city that’s been growing in its technology sector over the last few years is Mexico City. Before we jump into the post, here are a few facts about Mexico City and its tech scene: . For Latin America, 36.6

Capital 137

Capital Technology Maine America 137

PYMNTS

SEPTEMBER 7, 2016

Payworks ‘ gateway technology, Pulse, wants to provide the lifeblood to point-of-sale transactions for merchants using EMV, contactless and mobile wallets. Payworks was founded in 2012 by Deger, David Bellem, Johannes Lechner and Simon Eumes. The company just announced $4.5 headquarters in Austin, Texas.

Austin 100

Austin System Texas Trends 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. From e-Commerce – Digital Agenda Assembly 2012 ].

Cards 30

Cards Marketing Regulation Course 30

PYMNTS

MARCH 1, 2016

The announcement underscores the increased focus of boards in delving into technology security, with risk assessment both internal and external to the firm. The National Association of Corporate Directors (NACD) said that only 11 percent of more than 1,000 directors said they have a “high level” of cybersecurity knowledge.

Capital 100

Capital Security Data Software 100

PYMNTS

MARCH 1, 2019

Some things are instant hits — smartphones, television and voice-controlled personal assistants are all good examples of technologies that more or less hit the ground running and were popular as soon as marketing people were done explaining the concept to consumers. Other innovations are late bloomers. One, however, would be assuming wrong.

Cards 158

Cards Tools Innovation Lending 158

PYMNTS

DECEMBER 10, 2018

It’s the decoupled debit card. Merchants paid less when they accepted those cards. Aside from a handful of special use cases , there wasn’t mass adoption of decoupled debit cards, and merchants didn’t end up issuing many. Just like 2012, with the launch of MCX and CurrentC merchant-branded, ACH-linked mobile payments products.

Branding 184

Branding Cards Payments New Jersey 184

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. While our research reveals consumer trust in banks is at its highest since 2012, consumers’ concerns over online fraud and cybersecurity have also grown.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . Perhaps most important, they are the most active pursuers of expanding the payment technology they offered. According to PYMNTS data, 62.8

Innovation 222

Innovation Data System Mobile 222

NCR

SEPTEMBER 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. Meanwhile, the shift for Visa payment cards is set for precisely a year later. The impact of the shift.

ATM 75

ATM Fraud Illinois Cards 75

PYMNTS

OCTOBER 17, 2017

Once they’ve done that, hackers can silently intercept messages, potentially gaining access to sensitive information like credit card numbers or passwords. This one, called ROCA (Return Of the Coppersmith’s Attack), leverages a weakness in the encryption of chips made by the German company Infineon Technologies AG.

Google 126

Google Apple Retail System 126

PYMNTS

MARCH 14, 2019

According to that report, new Google launch comes “a day after Google released Lookout , an app for Pixel smartphones that uses the same underlying computer vision technology as Google Lens to help visually impaired users ‘see’ by pointing their phone at objects, contributing to the Mountain View company’s growing library of accessibility apps.”

Google 161

Google Tools Mobile Retail 161

NCR

MARCH 16, 2017

The growth of EMV technology around the world is perhaps one of the biggest steps the industry as a whole has taken to tackle fraud. Of this, less than a tenth of fraud actually occurred in Canada itself, which the organization credited largely to the completion of the migration to EMV technology that started back in 2008.

CA 49

CA Fraud ATM Cards 49

NCR

APRIL 26, 2018

The growth of contactless technologies as a fast, convenient option for everyday payment has been illustrated by new figures from Transport for London (TfL), which have revealed half of all pay as you go journeys on the UK capital’s transport networks now use this technology.

Payments 53

Payments Miami Boston Capital 53

PYMNTS

OCTOBER 25, 2017

But, for consumers with more cash on hand or cards with higher spending limits, more luxurious items, including caviar and cars, can also be purchased through specialized vending machines. Most anyone with a few dollars and some loose change can hit up a vending machine or unattended kiosk to grab chips or a candy bar.

Los Angeles 119

Los Angeles Florida New York City Retail 119