PYMNTS

SEPTEMBER 26, 2016

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 percent to 3.5 There were 7.5

California 100

California Cards Sacramento Texas 100

PYMNTS

SEPTEMBER 8, 2016

New data suggests that they are buying more gift cards than ever before but then turning around and spending those cards on themselves. adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers. Mercator Advisory Group surveyed 3,009 U.S.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 Silicon Valley’s Robinhood is known for making free stock trading accessible, and has spent the last year figuring out the best way to offer cash management services. No FinTech startup has been successful at getting a bank charter.

FDIC 135

FDIC Millennials Management Fintech 135

PYMNTS

SEPTEMBER 16, 2020

Payfort , an Amazon company set up in 2013 to help with payments throughout the Arab world, will be offering the new option through its online payment gateway, according to the report. Payfort managing director Omar Soudodi said the offering would help to bolster financial choice. "We store," he said in the report.

Payments 207

Payments social media Regional Report 207

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. The report discusses developments to platforms that allow consumers to manage their accounts.

Cards 60

Cards Report Marketing Leadership 60

Chris Skinner

MARCH 8, 2017

There are app-only start-up banks (Atom, Monzo, Starling, Tandem); foreign exchange payment cards (Revolut, SuperCard); personal financial management apps (Loot); business accounts (Tide); accounts for migrants and the low paid (Monese, Pockit); and even a card to help you manage all your cards in one (Curve).

Metro 283

Metro Cards Management Groups 283

PYMNTS

MARCH 13, 2019

Transparency is one theme: 40 percent of participants in the study noted they do not fully trust their partner to manage their combined finances. Read: For Richer or Poorer: How 5 People Co-Manage Money With a Significant Other.]. “He managed to lose over 70 percent of both of their IRAs … in an up market,” Lambert says.

Management 115

Management San Diego Tools North Carolina 115

South State Correspondent

AUGUST 16, 2023

Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. These are cash flow management tools that send a signal of future problems. We are seeing the lowest origination totals since 2013. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders.

Trends 195

Trends Cards Capital Data 195

Jeff For Banks

JANUARY 18, 2014

But in nine short months of 2013, you and the Fed stumbled with mixed signals and miscommunication and the markets pushed the 10 year Treasury yield up by 130 basis points to 3.00%, removing all of the good attained by QE over the years. in 2014, yet growth is not even returning to the normal post-recession pace of 4.6%.

Philadelphia 81

Philadelphia Policies US Marketing 81

South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195

Fraud ATM Payments Management 195

Jeff For Banks

DECEMBER 22, 2013

According to its third quarter investor presentation, the bank''s greatest revenue comes from pre-paid cards (35% of revenue), followed by revenues from a traditional community bank (22% of revenues) that manages $1.4 billion of the $4 billion asset balance sheet.

Community Bank 84

Community Bank Atlanta Community Strategy 84

CFPB Monitor

MARCH 19, 2015

The CFPB has issued another request for information about the credit card market. The request is intended to inform the CFPB’s biennial review of the credit card market mandated by the CARD Act. In October 2013, the CFPB issued its first report to Congress on the results of its first review. Online Disclosures.

Cards 60

Cards Marketing Report Innovation 60

PYMNTS

MAY 4, 2020

The company, launched in 2013, is now valued at $8.3 1 on PYMNTS’s personal finance rankings , with its commission-free trading being popular and new money management features also giving it a boost. Around the same time, Robinhood introduced a cash management service in the form of an investment upgrade that let users earn 1.8

FDIC 131

FDIC Fintech Millennials Management 131

PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Payments 197

Payments Fintech Tools Management 197

PYMNTS

SEPTEMBER 25, 2019

Founded in 2013 in London, this first round of funding will support Fidel’s ambitions to grow internationally and hire more talent. Fidel offers a suite of application programming interfaces (APIs) that allows developers to build capabilities – like rewards, for example – on the payment networks of major credit cards.

Cards 124

Cards Customer Experience Compliance Payments 124

PYMNTS

FEBRUARY 15, 2019

Corporate buyers can pay their vendors via virtual card, with suppliers receiving payment the same way they receive a bank transfer. ” SAP Managing Director for U.K. ” SAP Ariba first stepped into the B2B payments space with the launch of AribaPay in 2013 through another collaboration with Discover.

Payments 115

Payments Cards Management Innovation 115

BankBazaar

DECEMBER 14, 2019

The PCI DSS or Payment Card Industry Data Security Standard is a set of security standards created by Visa, MasterCard, Discover Financial Services, JCB International and American Express. This compliance scheme aims to make Credit Card and Debit Card transactions safe and secure against data theft and fraud. What Is PCI DSS?

Security 78

Security Cards Compliance Data 78

PYMNTS

FEBRUARY 22, 2018

In a press release , Commonwealth Bank said customers with a Mastercard can load their credit or debit card details into its app and make secure payments with a compatible Samsung Galaxy or wearable device. Since 2013, our customers have been able to use their smartphones to make payments.

Samsung 109

Samsung Mobile Payments Security 109

CB Insights

OCTOBER 31, 2019

FREE REPORT: MILLENNIALS AND THE FUTURE OF WEALTH MANAGEMENT. This recently granted patent (which was originally filed in 2013) takes a slightly new tact for the social network giant. For example, Apple released a similar PFM tool with its Apple Card , which gives users simple spending breakdowns in the Wallet app.

Management 68

Management New York Tools Apple 68

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. A payment method that has managed to capture nearly a quarter of sales over a decade hasn’t done badly.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

FEBRUARY 11, 2020

In an interview with Karen Webster, Sherri Haymond, executive vice president of digital partnerships at Mastercard, and Diwakar “Dee” Choubey, founder and CEO of digital banking membership MoneyLion, delved into how collaboration between the card network and the FinTech will foster new card program launches in 2020 and beyond.

Fintech 152

Fintech Innovation Digital Banking Course 152

PYMNTS

DECEMBER 21, 2018

The findings came from a survey of 2,000 individuals between 2013 to 2018. To help combat that fraud, and as spotlighted in this space earlier in the month, technology can help with expense management in uncovering whether expenses are on the right side of policy, mistaken or downright fraudulent. The FBI noted that as much as $12.5

Fraud 152

Fraud Policies Survey Report 152

PYMNTS

OCTOBER 3, 2016

which is interested in Cabela’s credit card business, World’s Foremost Bank, sources told Reuters. Cabela’s investor Elliott Management last year disclosed an 11 percent stake in Sidney, Nebraska-based Cabela’s and is reportedly urging a sale to pull value out of the hard-hit by recent trends retail operation.

Nebraska 148

Nebraska Capital Retail Cards 148

PYMNTS

MAY 29, 2019

It has around $12 billion in assets under management. billion in 2018, up from under $1 billion in 2013. The company teamed up with Coinbase for a zero-fee branded cryptocurrency trading platform, and there are plans for a credit card by the end of the year. It also handles management services and mortgage refinances.

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

MARCH 25, 2020

The board and management team are confident Dan is the perfect candidate to lead Green Dot into its next chapter, and we want to thank our consultants and other stakeholders, including Starboard Value LP, for their support and guidance during our search process. “The Henry was the CEO of prepaid debit card firm Netspend from 2008 to 2014.

Fintech 139

Fintech Operations Innovation Company 139

CFPB Monitor

AUGUST 29, 2016

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84

Cards Omaha Policies Compliance 84

NCR

APRIL 27, 2016

The big American card networks have dominated payments since the arrival of the credit card. Visa, MasterCard, American Express and others have had it relatively easy as the share of global cards has been concentrated in North America and Europe. percent in 2013 was spectacular. But this is barely the beginning.

Cards 40

Cards Regional Dallas US 40

PYMNTS

MAY 6, 2019

Clients, in turn, receive debit cards and can move money through mobile check deposit, wire, BillPay and automated clearing house (ACH). The company offers application programming interface (API)-powered banking that was created to automate back-office financial work. They also gain access to automated teller machines (ATMs) across the U.S.

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

JULY 25, 2019

While the payments company said an internal review found no systematic misconduct, nor any management-driven sales practices, American Express said it discovered “some colleagues did not properly present our pricing” when reaching out to potential new customers or speaking with existing cardholders.

Maine 128

Maine Report Company Payments 128

PYMNTS

JUNE 15, 2016

He is replacing Mike Passilla, who was chosen as the company’s chief executive in May 2013 to oversee development of Chase Paymentech and other merchant-focused offerings. Previously, he has also worked in different senior roles in risk, general management and marketing.

Leadership 100

Leadership Community Bank Community Branding 100

PYMNTS

OCTOBER 27, 2016

APConnector supports payments made via virtual card and automatically captures data for remittance and reconciliation purposes, the bank said, and enables treasurers and financial professionals to remove manual AP processes and payment methods more easily. Bank virtual payments general manager, in a statement. ” U.S. ” U.S.

Tools 100

Tools Payments System Survey 100

PYMNTS

OCTOBER 23, 2018

The misconduct at Wells Fargo was widespread across the bank and at every level of management – impacting both customers and investors who were misled,” Attorney General Barbara D. In fact, during Congressional testimony, Wells Fargo’s former CEO admitted that he became aware of widespread fraud by the company’s employees in 2013.

New York 139

New York Fraud Community Bank Strategy 139

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.

Cards 60

Cards Fraud Apple Google 60

PYMNTS

NOVEMBER 5, 2019

Launched in 2013, California-based Robinhood offers commission-free trading. And just last month, Robinhood relaunched a checking feature called Cash Management after it was previously shelved due to regulatory issues. The feature will enable customers to earn 2.05

Fraud 102

Fraud California Security Apple 102

Celent Banking

JULY 22, 2016

At Celent, we have been talking about the "battle of rails" in payments, i.e. between pull-based payments running on the cards infrastructure, and push-based payments, such as Zapp, built on top of new faster/ real-time payment networks. As I discussed in another recent blog , Visa controls 97% of the debit card market in the UK.

Cards 100

Cards Case Study Payments Mobile 100

FICO

JUNE 29, 2017

FICO has just released an interactive infographic on European card fraud trends since 2006, showing that card fraud in the 19 countries studied has hit a new high of €1.8 In the UK, card fraud also a hit a new high in 2016, £618 million, though the rise was less than the rise from 2014 to 2015. CNP Fraud Takes Over.

Fraud 55

Fraud Cards Analytics Trends 55

PYMNTS

AUGUST 26, 2016

businesses as part of a plot to steal and sell credit card numbers. During that time, Seleznev hacked into retail point-of-sale systems and installed malware to steal credit card numbers from businesses. Outrageous or not, prosecutors managed to convince a jury that Seleznev was behind the theft and resale of over 2.9

Nevada 100

Nevada Georgia Washington Fraud 100