PYMNTS

NOVEMBER 28, 2018

First Data’s 2018 Prepaid Consumer Insights Study found that the average consumer is spending $59 more than the original value of their gift card, marking an increase from $21 a year ago. In a press release , First Data said the report shows a significant lift is being generated from gift card spending.

Cards 144

Cards Study Survey Branding 144

PYMNTS

MARCH 1, 2019

Supermarket firm Kroger has expanded its ban on accepting Visa credit cards, stating on Friday (March 1) that its Smith’s Food and Drug unit will stop offering that payment option beginning April 3. The move follows 2018 bans on the payment giant’s cards at Kroger Foods stores located in the state of California.

Cards 193

Cards California Retail Payments 193

PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. 22) as company executives gave an update of its card deal with Walmart. The financial institution (FI) said that, as of the end of Q4, the domestic card loans ending balance stood at $107.4

Capital 156

Capital Cards Branding Conference 156

PYMNTS

AUGUST 22, 2018

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. With the new checking accounts, customers will get access to sporting events and other entertainment, just as Sapphire Reserve credit card customers do. JPMorgan Chase & Co.

Branding 100

Branding Samsung United States Cards 100

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Banks appear optimistic about the economic outlook but expect more moderate growth than 2018. Key themes. New partnerships.

Cards 158

Cards US Taxes Apple 158

PYMNTS

JULY 31, 2018

Kroger might expand on a ban on Visa credit cards imposed by its unit in California — proof that retailers are ready to fight back against the $90 billion they pay in swipe fees every year. Visa’s rates and fees are among the highest of any credit card brand,” Foods Co. This week, Foods Co., This week, Foods Co.,

Cards 137

Cards California Chicago Branding 137

PYMNTS

OCTOBER 29, 2019

Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo announced in a press release on Tuesday (Oct. The Venmo Mastercard debit card was launched in 2018. Cardholders will also be able to split and share purchases.

Cards 136

Cards Analytics Community Branding 136

Payments Source

DECEMBER 11, 2017

American Express is falling in line with Mastercard and Discover in eliminating the signature requirement for authorization on all card transactions at the point of sale, starting in April of 2018.

Cards 63

Cards Branding Fraud 63

PYMNTS

AUGUST 23, 2018

Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 2 2018 may have been affected. 3, 2017, through Jan.

Cards 112

Cards South Carolina North Carolina Nebraska 112

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible.

Cards 141

Cards Payments Security Fraud 141

PYMNTS

DECEMBER 28, 2018

Amazon might have kicked off the year of cashierless checkout with its Amazon Go store in January , but the concept took off in other parts of the world in 2018. In order to make a purchase at the store, shoppers download an app that connects to their credit cards or the company’s mobile payments wallet.

Innovation 194

Innovation Sacramento Retail Kentucky 194

PYMNTS

JANUARY 23, 2019

This marks a change for Target — a retailer that had, up to this point, enabled mobile pay only for its own mobile wallet app and the Target-branded REDcard linked to it. For the How We Will Pay 2018 Edition , PYMNTS and Visa conducted its annual study of U.S. Creating Contactless Momentum.

Cards 171

Cards Mobile Study Retail 171

Bank Innovation

JANUARY 24, 2018

EXCLUSIVE— Mobile-only bank account Chime hopes to sign 100,000 new accounts on its platform by the end of January 2018, in keeping with the growth that has lead the banking service to open 750,000 accounts so far, the bank stated. Chime’s banking services, including its Visa-branded debit card, are provided by The Bancorp Bank.

Branding 220

Branding Cards Mobile America 220

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. Literally every business and brand in China is plugged into this ecosystem.”. It hasn’t been easy. The most-used mobile wallet in the U.S. percent to be exact).

Mobile 109

Mobile Apple Samsung Cards 109

PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Founded in 2018, Joko’s loyalty program already works with dozens of major retailers including McDonald’s, Uber, Starbucks, Zara and more.

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

JUNE 28, 2019

credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It To acquire the Bank of Ireland’s U.K.

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

JULY 20, 2018

Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. We saw credit improvement across our businesses, and growth math is now helping overall domestic credit card trends.”. Domestic card ending loan balances were up $7.8 billion or $3.71

Capital 100

Capital Cards Trends Branding 100

PYMNTS

MAY 2, 2018

Synchrony , the financial services company, announced news on Wednesday (May 2) that customers can now use voice commands to manage their Amazon.com Store Card. In a press release , Synchrony said it is making this happen via a new skill for Alexa, dubbed the Store Card skill.

Cards 134

Cards Customer Experience Retail Tools 134

PYMNTS

NOVEMBER 15, 2018

According to Market Watch , a new report by Piper Jaffray found that teens would rather have those items than cash or gift cards. percent of teen’s wish lists, with the top four consumer brands being the iPhone, Apple Watch, MacBooks and Airpods. The next closest brand is Gucci , which only accounted for 0.6 The top item on U.S.

Apple 123

Apple Video Retail Branding 123

PYMNTS

SEPTEMBER 3, 2018

Here at PYMNTS our resident expert in thinking outside of the lines as laid out by conventional wisdom is Karen Webster — and summer 2018 has been a particularly good time for drawing long and unexpected lines way outside the box, and into a rapidly changing future. AKA thinking outside of the box.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

OCTOBER 18, 2016

businesses collectively facing fines of up to £122 billion in 2018. “Companies, both large and small, need to act now and start putting in place robust standards and procedures to counter the cybersecurity threat or face the prospect of paying astronomical costs in regulatory fines and reputational harm to their brand.”

Security 100

Security Report Regulation Branding 100

PYMNTS

JULY 27, 2016

Elo , the Brazilian card brand, announced on Tuesday (July 26) it has conducted its first transaction outside of the country. The transaction with the Elo card was in the U.S. on the Discover Global Network , and the company said it shows the card is being accepted in the U.S.

Cards 100

Cards Meeting Branding Online 100

The Paypers

NOVEMBER 9, 2017

(The Paypers) American Express and Hilton have announced that they will offer four co-branded cards to consumers and small businesses from January 2018.

Branding 28

Branding Cards 28

PYMNTS

FEBRUARY 8, 2018

Merchants may be able to deliver the best experiences to their customers through their own apps, but not all customers want to take up hundreds of megabytes on their phones — unless they really love the brand. Gift Card Popularity. Consumers want gift cards,” Gilbert said. Everyday Occasions.

Cards 105

Cards Retail Strategy Marketing 105

Payments Source

NOVEMBER 1, 2017

American Express will become the exclusive issuer of Hilton Honors co-branded credit cards in January of 2018, taking over the entire portfolio it previously shared with Citigroup.

Cards 65

Cards Branding Payments 65

PYMNTS

APRIL 21, 2019

Venmo, the digital payments company, is reportedly considering launching credit cards as a way to profit from its large customer base. Venmo, which is owned by PayPal, is reportedly settling on Synchrony Financial to issue the Venmo credit card. Venmo isn’t the only one that is eyeing the credit card market.

Apple 191

Apple Cards Conference Payments 191

The Paypers

JUNE 21, 2018

(The Paypers) Barclaycard has partnered with Travis Perkins Group to launch a new co-branded business credit cards, which will roll out with Travis Perkins and Toolstation in June 2018.

Branding 28

Branding Cards Groups 28

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

OCTOBER 15, 2018

consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs ‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. Barclays is ready to offer U.S. It recently rolled out its services in the U.K.,

Digital Banking 187

Digital Banking Cards Online Branding 187

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018. stake in the company in February 2018. The hardware startup released its first GC2 chip in 2018.

Company 76

Company Capital Groups Operations 76

PYMNTS

JANUARY 20, 2020

The Federal Trade Commission (FTC) has filed a suit against Georgia fuel card firm FLEETCOR , alleging that it bilked customers out of millions of dollars in hidden fees, a charge the company denies, according to reports on Monday (Jan. The publicly traded company was founded in 2010, and reported 2018 annual revenues of $2.4

Georgia 130

Georgia Cards Branding Report 130

PYMNTS

JUNE 6, 2019

don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. The global mPOS industry was valued at $26 billion as of 2018, and is projected to grow 35.4 percent between 2018 and 2025. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year.

US 140

US Apple New York City Cards 140

PYMNTS

OCTOBER 14, 2020

Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report by Financial Times (FT). The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone.

Fintech 175

Fintech Analytics Payments Mobile 175

Perficient

SEPTEMBER 15, 2020

You can get started by mapping the customer journey, uncovering pain points and opportunities across their interactions with your brand. Then widen your inquiry to learn from your customers as they interact with brands well outside your industry. 2018, November 01). portals, apps, communications and content strategy, etc.)

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

MARCH 19, 2018

As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We So, we want to find a way to grow our relationship and affinity with those guests.”.

Fort Worth 128

Fort Worth Dallas Cards Retail 128

PYMNTS

JULY 27, 2020

Helping brands launch their DTC and subscription businesses with the flexibility to sell how their customers want to buy – and fast – is the future of digital commerce.”. Startup brands are taking advantage, and established players are catching up. Payments Drive Digital Experiences for Brands (and Consumers). is investing.

Apple 206

Apple Branding Innovation Retail 206