PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. And according the the Atlanta-based building supplies retailer, that flaw is putting both customers and retailers at risk.

Retail 100

Retail Cards Data Atlanta 100

PYMNTS

NOVEMBER 17, 2016

USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. USA Technologies ’ ePort Connect service is a PCI-compliant suite of cashless payment and telemetry services specially tailored to fit the needs of self-serve retail industries.

Technology 100

Technology Cards Guidelines Video 100

PYMNTS

JUNE 6, 2017

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. Banking, credit card and insurance companies also use SigOpt to optimize the accuracy of their fraud detection and risk models.

Operations 168

Operations Tools Data San Francisco 168

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

JUNE 6, 2019

For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S.

US 140

US Apple New York City Cards 140

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Sigma aims to streamline business operations. Growing the internet economy.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay is facing an increasingly competitive and complicated world these days.

Payments 116

Payments Apple Cards Mobile 116

PYMNTS

MARCH 28, 2018

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

Leadership 100

Leadership Capital Data Analytics 100

PYMNTS

JUNE 1, 2017

in 2014 and has expanded into 23 countries, most recently Poland. based retailer to join the service. retailer to offer the benefits of Visa Checkout,” said Kevin Jenkins, managing director of Visa U.K. & This means consumers will immediately recognize their preferred card from their issuer that they know and trust.

New York 101

New York Security Cards Online 101

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 29, 2020

Amid the targets for return on equity in the investment banking business, Goldman ’s first Investor Day in the wake of a revamped operating structure placed special emphasis on the digital realm. Lane said the rollouts will “build out the balance” of digital banking offerings, where the retail branch experience is available via the phone.

Digital Banking 136

Digital Banking Strategy Management Apple 136

PYMNTS

MARCH 16, 2018

Thankfully, today’s parking kiosks have moved beyond coin-operated solutions to accept dollar bills, credit and debit cards, mobile wallet and mobile app payments. The brand-new Kiosk & Retail Report: Parking Edition examines how the parking kiosk market has changed in more than 80 years. percent per year.

Data 125

Data Mobile Report Technology 125

PYMNTS

MARCH 16, 2017

Walmart announced plans to purchase 15-year-old online women’s retailer ModCloth on behalf of subsidiary Jet.com, two people familiar with the deal told Recode. In January, Walmart dropped $70 million on the purchase of online shoe and apparel retailer ShoeBuy.com. According to Internet Retailer, ShoeBuy generated an estimated $374.2

Retail 101

Retail Online Industry Branding 101

PYMNTS

OCTOBER 13, 2016

digital loyalty service for SME retailers and eateries, is raising £500,000 in funding to support ongoing growth and establishing operations in the U.S. There will be a strong focus on deploying Loyalzoo across more retail POS platforms and growing partnerships, reseller engagements and merchant user base. “We Loyalzoo, a U.K.

US 100

US Retail Marketing Strategies Security 100

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . Fraudsters are leaving card present and finding the weakest entry point.”

Fraud 120

Fraud Retail Cards National 120

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

OCTOBER 16, 2017

Many are unable to accept credit cards, and many cannot afford the mainstream point of sale (POS) terminals and solutions — which can also take a very long time to procure. Yoco has launched two levels of payments solutions since its inception and beta phase in 2014 and subsequent launch in 2015, starting with a Square-like card reader.

Fintech 139

Fintech San Francisco Cards Payments 139

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

DECEMBER 31, 2019

A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in the process: Amazon and Walmart. percent of consumer retail spending in the U.S., percent of consumer retail spending in the U.S., population.

Retail 136

Retail Online Georgia North Carolina 136

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JUNE 19, 2018

Introduced in 2014, alongside a handful of other experimental services, UberEATS operates worldwide in 29 countries. Debit Cards. Sixty-one percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was debit cards. Gift Cards.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

JUNE 14, 2016

Gas stations offer a lot of benefits for card fraudsters. They’re unattended, which makes it easy (and even inconspicuous) for them to check out whether their counterfeit cards are alive and well and ready to use. Today, Visa announces new data as a result of the expansion of VTA to more than 35,000 gas stations across the U.S.

Fraud 100

Fraud Operations Cards Analytics 100

PYMNTS

FEBRUARY 4, 2019

Fostering this growth means enabling food truck operators to quickly accept customers’ payments as they dish out food and friendly service. When it comes to completing in-store payments, 36 percent of customers prefer to use credit cards and 33 percent opt for debit cards. Card acceptance has also been key.

Massachusetts 100

Massachusetts Boston Cards Operations 100

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. billion in 2017, though operating losses widened during that time. An F-1 registration statement revealed the bank’s plans for an IPO in the U.S.,

US 112

US Capital Regional Analysis 112

PYMNTS

FEBRUARY 18, 2019

This week, I’m compelled to offer a few thoughts that go against the grain on several topics that made the news last week: Amazon’s NY HQ2 , card interchange fees and Facebook ad revenue. So, Amazon hasn’t just benefited its customers: It has forced retailers to lower prices and increase their levels of service.

Cards 169

Cards Course Study New York 169

PYMNTS

MAY 5, 2016

The move into real-world — versus digital — commerce comes as retail transactions remain in a transitory phase. Though digital and mobile are increasingly ascendent, physical commerce remains dominant and accounts for over 90 percent of all retail spending in the Western nations where Klarna operates. “We

Samsung 100

Samsung Regional Retail Apple 100

PYMNTS

SEPTEMBER 16, 2020

At a high level, the Apple event underscored the convergence of devices and a wide range of services to be consumed over those devices – centering in this case on health, music and connectivity in general (and some operating system updates). percent of all retail and food services sales, excluding online and auto.

Apple 146

Apple Course Video System 146

PYMNTS

FEBRUARY 22, 2019

Pretty much anything Amazon does impacts so much else — and that truth, one of the longest-standing in the world of commerce and payments, seems ready to play out when it comes to fleets of retail delivery vehicles. Among the uses for those vans is allowing small businesses to carry packages for the eCommerce operator. The result?

Cards 135

Cards Retail Report America 135

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. customers since 2014. customers since 2014. We define challenger banks as fintech companies leveraging technology and software to digitize and streamline retail banking. First Name.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

AUGUST 13, 2019

Now, in this digital era, the push to go international, and to engage in cross-border commerce, is an ideal that applies to all types of retail and transactions, including subscription commerce and recurring payments. That’s not all the hard work that businesses face when it comes to cross-border recurring payments, Sood said. And in the U.S.,

Payments 134

Payments Operations Maine Survey 134

PYMNTS

DECEMBER 13, 2019

We do a deep dive on PayPal and the tech visions of Sam’s Club, and have new and original research into mobile card apps — along with many other stories. Dan Schulman still vividly remembers the first question he was asked on his first day on the job as PayPal’s CEO in 2014. Behind The Consumer’s Surging Interest In Mobile Card Apps.

Payments 130

Payments Mobile Apple Cards 130

PYMNTS

JUNE 24, 2016

When PandaLabs compared its version with earlier iterations of PunkeyPOS, some from as far back as 2014, it could see little operational difference between the versions. PandaLabs’ verdict?

Industry 101

Industry Pennsylvania Security System 101

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

Celent Banking

AUGUST 16, 2016

This second post was triggered by a report hosted on LINK’s website , (the UK ATM operator) that had some interesting numbers in it. That is a significant shift, in a relatively short period of time – indeed, a drop of 6% last year, around 1 billion transactions lower than in 2014. Yet still just one payment occasion.

Cards 100

Cards Payments US Examples 100

PYMNTS

JULY 15, 2016

The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

Rhode Island 100

Rhode Island Delaware New Hampshire New Jersey 100