PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

MAY 17, 2017

The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016.

Cards 126

Cards Regional America Industry 126

PYMNTS

DECEMBER 29, 2016

Technavio, the research firm, is forecasting the global mobile card reader market will grow at a CAGR of close to 54 percent from 2017 to 2021. According to a press release highlighting the new forecast, Technavio said the magnetic stripe technology was the most commonly used technology in 2016 with more than 53 percent market share.

Mobile 105

Mobile Cards Marketing Maine 105

PYMNTS

DECEMBER 11, 2018

Mastercard is teaming up with mobile payments firm Obopay to introduce a prepaid card for corporates in India. 10) that Mastercard, Obopay and Federal Bank are collaborating on the prepaid card solution that enables corporate managers to gain greater control of their payments and expenses. Economic Times of India reported Monday (Dec.

Cards 151

Cards Mobile ATM Analytics 151

PYMNTS

NOVEMBER 8, 2018

RuPay accounts for more than half of India’s one billion debit and credit cards, and yet Mastercard and Visa still process the majority of the tens of billions of dollars in payments transactions logged monthly, and where the figure was $51 billion in August. Jaitley noted that the total transaction value for RuPay was $1.1

Marketing 157

Marketing Cards Course Payments 157

PYMNTS

FEBRUARY 3, 2020

The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. The creation of a “single European data space, a genuine single market for data” would include new rules governing cross-border use and data interoperability, among other tenets.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

FEBRUARY 25, 2020

“The range of solutions introduced in India will bring together Shell’s global experience and cutting-edge technology to offer a distinctive ‘Shell advantage’ to Indian fleet owners,” said Parminder Kohli, general manager of business development, marketing and operations for fleet solutions at Shell. . percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JUNE 22, 2018

Visa and Wirecard are collaborating on a digital fleet card program, the companies revealed in an announcement on Thursday (June 21). The fleet card program we have built together with Visa brings everything together into one efficient solution.”. This is costly and time-consuming. The solution is currently in pilot phase.

Cards 109

Cards Industry Regional Management 109

PYMNTS

MAY 31, 2017

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S.

Mobile 113

Mobile Cards Payments Samsung 113

PYMNTS

OCTOBER 31, 2016

The commercial card player announced its quarterly earnings report this week with some impressive data points. The cross-border payments firm released its full-year 2016 report this week, and CEO Hank Uberoi highlighted revenue increases across the globe. Could this signal a slowdown in Amex’s commercial card strength?

America 100

America Report Cards Regional 100

PYMNTS

JULY 12, 2018

Users of the Starwood Preferred Guest (SPG) American Express (Amex) card aren’t happy with the changes coming to their cards, which give them one-third fewer reward points for almost every dollar they spend. The SPG Amex card had paid one Starpoint for each dollar spent on everyday items.

Cards 102

Cards CA Branding Operations 102

PYMNTS

DECEMBER 30, 2016

2016 started off with a bang in the retail world when MPD and PYMNTS uncovered a few discrepancies in the retail data that many major retailers and reporting institutions were using to underestimate the impact of digital sales on brick-and-mortar sales. “In A Retail Data Reporting Error Was Uncovered. As EMV slowly rolled out in the U.S.,

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

MAY 18, 2018

A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Use of a commercial card program to manage employee travel expenses, however, reduces these operational costs and is linked to add-on benefits like travel insurance and rewards.

Survey 101

Survey Cards Regional Management 101

PYMNTS

OCTOBER 17, 2018

Fraudsters Prize Payment Via iTunes, Walmart Gift Cards. Losses due to this type of fraud reached $40 million in 2017, an increase from $20 million in 2015 and $27 million in 2016. billion in market value from CVS and its rivals. Volkswagen Eyes eCommerce Sales. ” CVS CEO Says Amazon Isn’t Keeping Him up at Night.

Cards 155

Cards Fraud Payments Online 155

PYMNTS

DECEMBER 29, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of …” eBook. Payments 2016: The Year Of “Hesitation”. I’ve got more digital wallets than credit cards. Initiative vs. the reality rollout.

Payments 108

Payments eBook Industry Cards 108

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. I apologize to our customers for the inconvenience caused in 2016.”. Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m

Fraud 134

Fraud Security Resources Operations 134

PYMNTS

DECEMBER 8, 2016

market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. What’s more, Bloomberg found they are finding lots of buyers of the Canadian-backed debt largely because Canadian consumers are known to pay off their credit card debt. Canadian banks are increasingly turning to the U.S.

Cards 100

Cards US Security Marketing 100

CFPB Monitor

JULY 28, 2016

CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.

Washington 60

Washington Cards Report Seattle 60

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Clarity For The Payments Sector. Cardholders have stayed with their cards. eCommerce today is worth $1.71 3-D Secure 2.0:

Payments 123

Payments eBook Analytics CA 123

CFPB Monitor

DECEMBER 31, 2019

The CFPB has released its eighth annual report to Congress on college credit card agreements. The annual report is mandated by the CARD Act. (The The CARD Act requires mandatory reporting to the CFPB by card issuers on agreements with institutions of higher learning or certain affiliated organizations (such as alumni associations).

Cards 78

Cards Report Trends Marketing 78

PYMNTS

APRIL 28, 2016

Visa has secured the spot as the exclusive payment provider for the 2016 Olympic Games in Rio for the 30th year running. Visa also said it is expanding its sponsorship across Olympic Games host cities, facilitating the development and advancement of payment infrastructure in those markets.

Cards 100

Cards ATM Security Innovation 100

PYMNTS

SEPTEMBER 5, 2017

Top credit card companies are taking an early opportunity to ensure their corporate cards work with new smartwatches. The move is a sign of support for contactless and mobile payments for corporate use; with the Fitbit and Vioactive watches, users can integrate their commercial cards for use within apps on the smartwatches.

Cards 125

Cards Mobile America Survey 125

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

MARCH 25, 2016

It appears that more and more consumers are getting better connected with loyalty programs by linking their cards to them. “Card-linking has a network effect, and it is accelerating,” stated Silvio Tavares, CardLinx president and CEO, in a press release.

Cards 100

Cards social media Survey Comparison 100

PYMNTS

JUNE 22, 2018

Due to a recent outage, some Bank of Ireland customers were unable to use their debit cards. The bank reported that approximately one in seven customers were unable to use their Visa cards at point-of-sale (POS) terminals, according to news from Independent.ie. is now among the fastest-growing markets for Visa Checkout.

Cards 100

Cards ATM System Security 100

PYMNTS

NOVEMBER 26, 2019

SAFE has been delivering on-demand experiences since 2016, when it launched a targeted marketing function on its mobile app. SAFE leverages a targeted marketing tool with geofencing , messaging capabilities and push notifications to provide tailored promotional experiences. Meeting Members Where They Are With Promotions .

Marketing 131

Marketing Sacramento Data Mobile 131

PYMNTS

OCTOBER 28, 2016

WEX and ExxonMobil are apparently pleased with their current partnership to offer fleet payment cards. The deal sees WEX offering a commercial card program across the U.S. ” WEX offers fleet commercial card solutions to help fleet managers and their businesses manage spend. . The companies announced Thursday (Oct.

Cards 100

Cards Regional Analytics America 100

CFPB Monitor

OCTOBER 17, 2022

Last week, the CFPB released its eleventh annual report to Congress on college credit card agreements. The annual report is mandated by the CARD Act. The CARD Act requires mandatory reporting to the CFPB by card issuers on agreements with institutions of higher learning or certain affiliated organizations (such as alumni associations).

Cards 78

Cards Report Regulation FDIC 78

PYMNTS

JANUARY 5, 2017

The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets. In addition, users can also save their card and bank details on their smartphones and make payments and purchases easily.

Mobile 155

Mobile Marketing Retail Strategy 155

PYMNTS

APRIL 27, 2017

consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios during the first quarter of 2017. According to American Banker , the results suggest that the post-crisis era of exceptionally low losses in the credit card industry has ended.

Cards 117

Cards Conference Capital America 117

PYMNTS

MARCH 30, 2018

That’s where the payroll card comes in, she said. Not only can the card act as a vehicle for direct deposit, it can also facilitate faster payroll payouts. Kittrell Paycard recently announced the integration of InstantWage, a mechanism for payroll card users to access their earned wages before payday.

Cards 133

Cards Payments Innovation Industry 133

PYMNTS

FEBRUARY 6, 2018

BMO Bank of Montreal is expanding its commercial card portfolio with a focus on small businesses. 5) that it is launching four new small business credit card products with various spender benefits. The FI announced Monday (Feb. We want to support small business every step of the way as they grow and evolve.”.

Cards 100

Cards Customer Experience Industry US 100

PYMNTS

SEPTEMBER 2, 2016

Contactless card payments are gaining traction in the U.K., with Brits more likely to make a payment via contactless card than check, according to research by Mintel , the global market research firm. 1), 31 percent of British residents used a check to pay for goods and services during the first quarter of 2016.

Cards 102

Cards Payments Mobile Report 102

PYMNTS

JULY 11, 2016

Deutsche Bank Research and American Express offered an update on Amex’s card segments, and the successes of the credit card firm’s corporate segment are clear. According to the company, competition in the consumer card space remains a challenge. Last year, the GCS unit provided $3.2

Cards 100

Cards Report Leadership Taxes 100

PYMNTS

MARCH 8, 2016

FairFX is looking to grab a bigger piece of the corporate cross-border payments market and, on Monday (March 7), announced new support to help this cause. The company reported last April that it secured more than 100,000 new customers — retail customers grew by 40 percent, as did corporate card customers, the firm noted.

Cards 100

Cards Marketing Strategies Strategy Resources 100