PYMNTS

DECEMBER 8, 2019

The Apple Card is planning to offer 0 percent installment financing on iPhones by the end of 2019, 9to5Mac reported on Saturday (Dec. During Apple’s October earnings call , chief executive officer Tim Cook hinted that the Apple Card was planning 24-month 0 percent financing for iPhone purchases. Apple Card?

Apple 139

Apple Cards Branding Retail 139

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 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

MAY 19, 2020

I Works asked consumers to provide their credit or debit card information to pay a $1.99 In 2016, I Works owner and CEO Jeremy Johnson and other defendants in the massive online billing scheme, agreed to settle FTC charges that they took more than $280 million from consumers, according to the FTC.

Online 179

Online Utah Cards Operations 179

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

Apple 129

Apple Cards Branding Retail 129

PYMNTS

FEBRUARY 2, 2017

The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. According to the research, during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud.

Fraud 100

Fraud Strategy Cards Security 100

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

Apple 127

Apple Cards Branding Retail 127

Bank Innovation

JUNE 27, 2016

Some of the shine seems to have come off fintech innovation in 2016. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain future with Brexit.

Innovation 285

Innovation Lending Capital Fintech 285

PYMNTS

DECEMBER 23, 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. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

Payments 100

Payments eBook Fraud Cards 100

PYMNTS

SEPTEMBER 14, 2018

Payability, a company focused on linking sellers on eCommerce platforms to financing options, is adding a corporate card product to its range of solutions. 13) that its Payability Seller Visa Card is now available to eCommerce sellers. The company announced in a press release issued Thursday (Sept.

Cards 109

Cards Online Capital Payments 109

PYMNTS

MAY 13, 2016

A new personal chip card reader will soon hit the market with the goal of protecting consumers while shopping and banking online and ultimately preventing online fraud — at an introductory price of just $20. The assistant can also provide extended authentication and serve as a password manager.

Fraud 100

Fraud Online Cards Security 100

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . consumers’ POS transactions were contactless in 2016, and only 3.5 percent of U.S. percent of U.S.

Cards 130

Cards Survey Examples Retail 130

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

NCR

MAY 14, 2018

With more countries investing in faster payments solutions, there are more options than ever for people to complete a purchase online. But the number one option remains online card payments, and new research has highlighted several reasons why this is the case. Where card payments still lag behind.

Online 61

Online Cards Payments Study 61

PYMNTS

DECEMBER 6, 2019

However, the study reported that the number still is less than the 46 payments reported in October 2016. Also, the total value of payments rose by $580 from $3,419 in 2017 and is $83 more than 2016’s total value of $3,916. made over half of their payments with cards (debit, credit and prepaid) at 54 percent or 23 payments.

Study 101

Study Report Cards San Francisco 101

PYMNTS

DECEMBER 30, 2016

Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms. In 2016, I believe that physical retail may be facing its own ‘Kodak moment,’” wrote Karen Webster. “How

Retail 123

Retail Online Customer Experience Trends 123

The Paypers

NOVEMBER 9, 2016

(The Paypers) Romanian online payments made by card, via 3D Secure system, have increased 59% in the first 9 months of 2016, compared to the same period in 2015, according to RomCard data.

Online 39

Online Cards Payments System 39

PYMNTS

FEBRUARY 16, 2017

While consumers have had the ability to price compare online for years, Volkswagen is upping the ante with its latest news. The German-based car dealership began testing the waters of online car buying this past December by allowing Denmark citizens to purchase its up! percent uptick in 2016 car purchases. minicar on the web.

Online 100

Online Trends Cards Marketing 100

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. The debate involves virtual cards and their use by insurers to pay healthcare providers. But, much like the payroll card debate, the legal questions around virtual cards also focus on fees.

Cards 100

Cards Georgia Alabama New York 100

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. Amazon entered into the prescription drug delivery business through its $1 billion acquisition of online pharmacy company PillPack, which took about $12.8

Cards 155

Cards Fraud Payments Online 155

PYMNTS

NOVEMBER 4, 2019

Goldman Sachs is the lead investor in a $50 million funding round for credit card startup Deserve, CNBC reported on Monday (Nov. Deserve offers credit cards to nontraditional consumers and sells its cloud-based platform to companies wanting to launch their own branded cards. Bloom said in a press release at the time.

Cards 101

Cards New Jersey Branding Apple 101

PYMNTS

JUNE 19, 2017

With the popularity of online shopping, it should come as no surprise that there’s been an uptick in card-not-present purchases. Cards Association (UKCA) finds that the amount of purchases made through debit and credit cards has more than doubled in the past decade. A new report from the U.K. There were 6.7

Cards 108

Cards Mobile Study Online 108

Bank Innovation

SEPTEMBER 27, 2016

Consumer card transactions will overtake cash transactions for the first time in 2016, according to global research firm Euromonitor International. Cash is expensive to manage and is extensively used in the underworld.

Cards 150

Cards Fraud Management Online 150

PYMNTS

NOVEMBER 27, 2017

Thanksgiving was a time to buy for a lot of Americans, with online shoppers spending $2.9 According to a news report in Recode , citing Adobe Analytics – the research firm that tracks 80 percent of online transactions from 100 of the leading retailers in the U.S. online spending on Thanksgiving was up 18 percent compared to last year.

Online 100

Online Analytics Retail Mobile 100

PYMNTS

JANUARY 27, 2017

PayPal met analyst expectations as it reported its Q4 2016 earnings yesterday (Jan 26) — while adding active uses and increasing payments volume. PayPal reported adjusted net income of $512 million, or 42 cents per share during Q4 2016, vs asjusted net profit of $443 million, or 36 cents a share, in the same period last year.

Mobile 100

Mobile Payments Meeting Report 100

CFPB Monitor

OCTOBER 27, 2016

The CFPB has issued its October 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in North Carolina and the Charlotte metro area. The CFPB began taking prepaid card complaints in July 2014. On November 17, 2016, from 12 p.m. to 1 p.m. A link to register is available here.

North Carolina 60

North Carolina Cards Rhode Island Report 60

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

APRIL 17, 2018

A new survey has found that 45 percent of Americans are confused about their credit cards rewards, especially those involving travel. While consumers are definitely out of the loop when it comes to their rewards credit cards, they aren’t the only ones to blame,” NextAdvisor wrote in the blog post.

Cards 126

Cards Survey Study How To 126

PYMNTS

FEBRUARY 27, 2017

Wayfair, the online home furnishing retailer, benefited from its new wedding registry and private-label credit card in 2016. Wayfair reported eCommerce sales for 2016 that were up close to 60 percent to $3.26 Wayfair noted that 10 percent of sales during the fourth quarter were made via the private-label credit card.

Cards 100

Cards Conference Retail Report 100

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

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. The news comes as Visa customers in parts of the U.K.

Cards 100

Cards ATM System Security 100

PYMNTS

MAY 2, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. In 2016, Sisters of the Valley generated roughly $750,000 in sales of its line of salves, tinctures and oils derived from hemp, a type of cannabis plant that contains only trace amounts of the psychoactive ingredient in weed. “No

Online 129

Online Policies US Security 129

PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. The majority of that theft was from credit cards.

Cards 100

Cards Fraud ATM Maine 100

PYMNTS

OCTOBER 16, 2020

In today’s top payments news around the world, India’s pay-later app Slice is introducing a no-fee Visa Card, while Stripe is purchasing payment processor Paystack. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales.

Millennials 131

Millennials Payments Cards Fintech 131

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. Reports by Seeking Alpha late last week offered a summary of the online meeting held by Amex and Deutsche Bank Research.

Cards 100

Cards Report Leadership Taxes 100

PYMNTS

JANUARY 19, 2018

Wells Fargo has fixed a glitch that caused online bill payments to be processed twice, infuriating customers who had their accounts inadvertently overdrawn. “On On January 17, an internal processing error caused temporary double posting of some items, impacting some customers. “There’s enough stress in life financially.

Online 102

Online Payments National Retail 102