PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement. marking a twofold increase over 2014.

Cards 110

Cards United States America Payments 110

PYMNTS

JANUARY 14, 2020

14) that participants in its Visa Token Service have processed eCommerce volumes of $1 trillion since the service’s debut in 2014, and that its transition of Visa Checkout merchants to click-to-pay will begin on Jan. Bowman said that as eCommerce has grown, innovation has been fragmented. Visa said on Tuesday (Jan. 21 in the U.S.

New York 170

New York Security Cards Retail 170

PYMNTS

JUNE 23, 2020

Verizon Debuts Visa Credit Card With Rewards. To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. The Synchrony-issued credit card, which will officially roll out on June 26, will enable mobile clients to save on their bills via rewards.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. In a wide-ranging discussion, Socure CEO Sunil Madhu and PYMNTS’ Karen Webster discussed the brave new world of identity security and verification, and what those terms mean when it should be assumed that all of your data has been compromised.

Security 109

Security Data Fraud Regulation 109

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Then, there was sudden exponential growth in innovation.

Security 100

Security CA Payments Big Data 100

Bank Innovation

AUGUST 11, 2016

The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank Innovation Read More. American Express today dispelled market rumors that it would expand its OptBlue program.

Innovation 150

Innovation Marketing Security System 150

PYMNTS

MARCH 17, 2017

The business cards have all been exhausted, and the hearty salutations give way to weary nods of (yet again) recognition. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill.

Innovation 103

Innovation Lending Boston Security 103

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). I will update with milestones from 2014 to today and publish next month. Note: These are the rankings from 10 years ago. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. PbBa is designed to work with the security of a consumer’s own bank.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

DECEMBER 19, 2016

While Yahoo can’t seem to shake the consequences of its massive data breach, Costco may have finally gotten things right with its co-branded credit card, and IBM is keeping its eye on the blockchain prize. In September of this year, it was revealed that over 500 million Yahoo accounts had been compromised back in 2014.

blockchain 100

blockchain Cards Data Branding 100

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Denmark’s NETS RealTime 24/7 initiative launched in 2014 and offers near real-time settlement of transactions — including P2P, mobile, online and credit transfer payments, as well as B2B payments.

Innovation 101

Innovation Payments System Operations 101

Javelin Strategy & Research

MAY 2, 2014

2. . - OnBudget piggybacks on the popularity a product consumers love – prepaid cards – and bundles a dead-simple PFM experience. Stocks, IPOs, and large real estate investments are all mainstream in 2014, as startups empower a new wave of everyday consumers with investment tools. Authentication is hot.

Trends 56

Trends System Mobile Maine 56

PYMNTS

NOVEMBER 23, 2020

Most of those solutions still rely heavily on checks and business credit cards — which are resource-consuming processes with higher risk[s] of misuse, fraud and theft,” Gitesh Athavale , head of product (cards) at Nium, told PYMNTS. Now, the trick is to make smart choices with urgency because cybercrooks never sleep.

System 165

System Management Tools Cards 165

PYMNTS

MARCH 25, 2020

He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. Henry was the CEO of prepaid debit card firm Netspend from 2008 to 2014. We could not be more excited to welcome Dan to the Green Dot family.”. billion all-cash sale to TSYS. “I million.

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

DECEMBER 31, 2018

We have a major security effort at the company that hardens all of our surfaces.”. Retailer Hudson’s Bay got story started in early April with the disclosure that Saks Fifth Avenue and Lord & Taylor stores in North America had their payment cards compromised. The breach was believed to have seen 5 million cards compromised.

Data 230

Data Security Tools Cards 230

PYMNTS

JUNE 19, 2019

But challenges remain, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSR Innovation. Security, though, remains an issue for connected vehicles.

Retail 163

Retail Security Google Survey 163

PYMNTS

SEPTEMBER 15, 2016

14), Concur secured a deal to purchase Hipmunk. While financial details of the transaction weren’t made public, reports said Hipmunk has raised about $55 million in investment since 2010, with its last valuation in 2014 landing at around $96 million. Concur, meanwhile, was acquired itself by SAP in 2014 for $8.3

Management 100

Management Innovation Security Cards 100

PYMNTS

MARCH 6, 2017

While hackers got into the POS systems through a faulty firewall or third-party vendor, once in they were able to install malware that located unencrypted credit card information — which was then sent to remote servers, packaged and resold on the black market. Specifically the webinar will explore: The State of Payment Security.

America 119

America System Security Data 119

PYMNTS

AUGUST 10, 2016

In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. Today, we are seeing other form factors emerging, beyond just the credit card, including the watch, the bracelet, the payment ring and the car one day,” Chris Curtin, chief of brand and innovation marketing officer at Visa, told RCR Wireless News.

Innovation 100

Innovation Apple social media America 100

PYMNTS

AUGUST 12, 2019

The latest Subscription Commerce Tracker explores how subscription-based businesses are adapting to an ever-changing market, and how they keep their payments experience secure and how new models are emerging to stay competitive. What Security Means For Subscriptions.

Retail 118

Retail Video Security Software 118

PYMNTS

JUNE 19, 2019

But challenges remains, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSR Innovation. Security, though, remains an issue for connected vehicles.

Retail 109

Retail Google Survey Security 109

PYMNTS

JANUARY 6, 2020

ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Most people were still paying taxi drivers with cash, and if those drivers had POS terminals, they – hmm – weren’t working when you wanted to use a card to fund the ride. Chip cards didn’t exist in the U.S. The Connected Economy’s Potential.

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

AUGUST 1, 2019

Examples of scheme interoperability include checks, electronic funds transfers (EFT) and open-loop debit and credit card systems. This type of interoperability is almost exclusively used for cross-border payments, allowing consumers to make credit card purchases in countries with domestic currencies different from their own.

Payments 108

Payments Cards United States System 108

CFPB Monitor

MAY 12, 2021

The Durbin Amendment (Section 1075 of Dodd-Frank) authorized the Fed to issue regulations to ensure that the amount of any interchange fee received by a large debit card issuer (one with at least $10 billion of assets, together with its affiliates) is reasonable and proportional to the cost incurred by the issuer. In 2014, in NACS v.

North Dakota 78

North Dakota Cards Regulation Fraud 78

NCR

JULY 18, 2016

Card skimming continues to be a major problem for financial institutions (FIs) and consumers. Despite advances in technology, criminals still find innovate new ways to circumnavigate security measures and exploit the magnetic stripes on cards. Here are some of the most common options. Deploy anti-skimming technology .

Cards 40

Cards ATM Fraud Security 40

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

SEPTEMBER 18, 2020

The first was that American mobile-wallet providers pretty much avoided it, starting with Apple eschewing QR codes in 2014 in favor of the higher-tech (and more secure) NFC technology. It turned out Americans liked paying by card just fine and weren’t looking for a change. Second, U.S. Or at least they weren’t until COVID-19.

Apple 292

Apple Jacksonville Study Mobile 292

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

AUGUST 2, 2019

In this latest edition of the PYMNTS Weekender, coverage includes the latest on the Apple credit card , the race to create an everyday app, a deep look at meal kit retail as Blue Apron turns seven and the latest big twist in subscription commerce. Apple Credit Card Coming in August. Payment Tech Tops FIs’ Innovation Agendas.

Apple 115

Apple blockchain Data Retail 115

PYMNTS

OCTOBER 10, 2018

When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. percent. . counterparts are not available.

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

JUNE 1, 2017

Millennials and Generation Y have grown up with cybercrime, the executive stated, and parents must have “another type of talk” with their kids: the online safety and security talk, as Volmar termed it. For businesses, 2014 was “the wakeup call” and a “banner year for internet crime.”

Payments 110

Payments System Software Mobile 110

Celent Banking

OCTOBER 16, 2015

I was pleased to be invited to speak to CSI’s clients about innovation in banking (more about that later.). Surely Capital One is no nimble start-up — with more than 70 million cards and $80 billion in card balances, Capital One is a top-four credit card issuer. What’s The Hurry? .

Conference 100

Conference Las Vegas Nashville Capital 100

Independent Banker

FEBRUARY 16, 2015

Securing Payments. Security, along with trusted financial products and expertise, is a foundation of every community bank’s franchise value. As card issuers and account providers, you know firsthand that the most successful attacks have occurred against the largest retailers. By Camden R. Fine, President and CEO of ICBA.

Community Bank 70

Community Bank Community System Security 70

Abrigo

JANUARY 21, 2015

When Apple Pay launched late last year, it was met with the typical Apple innovation buzz as well as some skepticism about data security. Financial institutions were clamoring to offer their customers Apple Pay capabilities, too, and nearly 40 banks and credit unions are now participating issuers for credit and debit cards.

San Antonio 150

San Antonio San Diego Apple Mobile 150

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Since 2014, Seacoast has been on a buying spree acquiring 14 banks. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JULY 24, 2017

Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve for them. One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time.

Innovation 119

Innovation Payments Operations System 119

PYMNTS

JANUARY 26, 2017

A recent G2 whitepaper investigated the routes cybercriminals have taken and the strategies they now use in response to increased security oversight in the traditional online payments space. If you don’t have a card network looking over your shoulder, then you don’t go through the same risk procedures,” Frechtling said.

Bitcoin 100

Bitcoin cryptocurrency Compliance Branding 100