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. Trackers and Reports.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

SEPTEMBER 3, 2018

The term “thinking outside of the box” originates from advice that puzzle management consultants famously gave to clients in the 1970s and 1980s to encourage creative thinking. Throw out everything you’ve ever learned about what makes a consumer loyal to a brand.” – Loyalties New One Percenters. AKA thinking outside of the box.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

OCTOBER 21, 2020

21) that it is launching a new destination for electronics products to feature Certified Refurbished products, not from its sellers but from brands like De'Longhi, Dirt Devil, Hoover, Makita, Philips and Razer, which will sell exclusively on the eBay platform. The reCommerce trend continues to gain momentum. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. In the United States, by 2016, it grew to 1 million subscribers and 6 million by October 2018. Late last year , Robinhood began offering a cash management service.

United States 150

United States FDIC Millennials cryptocurrency 150

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. Select Investors: Founders Fund, SoftBank Group, NovaQuest Capital Management. Roivant Sciences. Valuation: $7B.

Company 76

Company Capital Groups Operations 76

PYMNTS

AUGUST 4, 2020

With Burberry launching a social experience at its brick-and-mortar Shenzhen store and social platforms like Facebook pushing their commerce capabilities, new startups are popping up and established brands are catching up to capture this newest area of the digital shift. Tuli also has a high-profile management team. 4) with Tuli.

Trends 207

Trends Branding Retail Community 207

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

FEBRUARY 13, 2020

While the company is known for its payment solutions aimed at fuel for fleet services, it also has grown its corporate card and U.S. ” Smith noted that both fuel and healthcare contributed to the strong performance, pointing to integrations with Noventis, Discovery Benefits and Go Fuel Card as examples of its core success.

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

SEPTEMBER 14, 2018

Last month, the financial institution (FI) announced it was 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.

Cards 123

Cards Millennials ATM Branding 123

PYMNTS

JUNE 25, 2019

Digital banking and payments processing company i2c has announced that Brex, a corporate card for entrepreneurs and growing businesses, is “leveraging the i2c payment platform to power the next phase of growth and rapid innovation,” according to a release. . “As It has raised $315 million in equity. .

Payments 101

Payments Cards Innovation Industry 101

PYMNTS

JANUARY 20, 2020

Wall Street being Wall Street was focused, at least in part, on trading and asset management revenues, which rebounded strongly in the fourth quarter, up double-digit percentages in most cases amid record high stock markets. credit and debit cards. Debit card point-of-sale purchases, as measured by volume, were up 6 percent to $95.2

Cards 134

Cards America Course Mobile 134

Abrigo

OCTOBER 22, 2019

In recent years, cybercriminals implanted malicious skimming code directly on e-commerce shops and online content management and payment platforms as a way of stealing payment card data at scale. Their goal is to compromise the merchant’s payments processing account and steal all of the payment card data processed by the merchant.

Fraud 150

Fraud Cards Data Payments 150

PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Credit Card Spend: Bank results show continued spending on credit cards. JPMorgan’s latest quarter showed credit card transactions were up 10 percent in the quarter.

Company 132

Company Payments social media United States 132

PYMNTS

JANUARY 2, 2020

A retail veteran, who previously worked at Yum Brands in Thailand and United Kingdom retailer Sainsbury’s in London, Aggarwal joined Walmart India in April 2018 as chief strategy and administration officer. This is Aggarwal’s second promotion in less than two years at Walmart India.

Leadership 131

Leadership Retail Strategy Operations 131

PYMNTS

JANUARY 14, 2019

billion in revenue contribution was down 14 percent from last year, proved a headwind, and clients proved risk-averse, as management stated on the earnings call. Revenue from credit cards gained 1 percent, standing at $5.1 Revenue from branded cards came to $2.2 Revenue from branded cards came to $2.2

Mobile 108

Mobile America Branding Cards 108

PYMNTS

JANUARY 8, 2019

As a pure-play digital bank, Chime offers as its primary product an entirely mobile/digital banking application that gives customers access to a network-branded debit card and a savings account. The brand has been popular with young professionals. Toward that end, Chime acquired consumer credit startup Pinch late in 2018.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

JANUARY 22, 2019

As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to surveys by CreditCards.com and YouGov Plc. In the U.S.,

Cards 152

Cards cryptocurrency Branding Capital 152

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

DECEMBER 3, 2019

based Shift4 Payments is the latest ISO to go public, including Atlanta’s EVO Payments , which went public in May 2018. Shift4 Payments, which has offices in Europe and the United States, first launched as United Bank Card Inc., In 2012, it changed its name to Harbortouch, taking the brand of its POS system. billion. “The

Payments 132

Payments Kentucky United States Chicago 132

PYMNTS

DECEMBER 10, 2018

It’s the decoupled debit card. Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. Merchants paid less when they accepted those cards.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

AUGUST 21, 2018

RiskIQ ’s 2018 “ The Evil Internet Minute ” investigated the cyber threats that organizations and internet users face every minute. “These attackers target brands and consumers on the open web with tactics like phishing, spinning up malicious mobile apps, hacking third-party suppliers and directly compromising websites.”

Company 134

Company Data Branding Digital Strategies 134

PYMNTS

MAY 11, 2020

billion in April and brought in $920 million in additional liquidity via amendments to its co-brand credit card agreements in May. Sorenson, however, noted that national, local and state governments are aiming to manage the “tight rope” between the coronavirus and starting their economies again. trillion in revenue in 2018.

Trends 178

Trends South Carolina Regional United States 178

PYMNTS

MAY 29, 2019

It has around $12 billion in assets under management. billion in 2018, up from under $1 billion in 2013. The company teamed up with Coinbase for a zero-fee branded cryptocurrency trading platform, and there are plans for a credit card by the end of the year. It also handles management services and mortgage refinances.

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

JULY 24, 2019

Discover, as it turned out, beat expectations on both the top and bottom line — driven by strong loan growth, particularly in card products, and what CEO Roger Hochschild described as better management and discipline exerting downward pressure on charge-offs and delinquencies in its personal loan business. billion in 2018.

Cards 108

Cards Trends Customer Experience Lending 108

PYMNTS

APRIL 10, 2018

Mastercard announced news on Monday (April 9) that Phillips 66 will integrate Masterpass into its My Phillips 66 App later in 2018. With Masterpass integrated into our Phillips 66, Conoco and 76 apps, consumers will enjoy a simple and secure fueling experience,” said Rod Palmer, general manager, Marketing Services for Phillips 66.

Security 109

Security Online Cards Branding 109

PYMNTS

MAY 25, 2018

Following the quarterly check-in with parent firm L Brands , which also owns Bath & Body Works and the youth-oriented PINK lingerie brand, the reviews have not been kind. L Brands slashed its earnings estimates by 8 percent. For fiscal 2018, L Brands now expects earnings per share to fall within a range of $2.70

Branding 108

Branding Retail Cards Online 108

PYMNTS

APRIL 24, 2018

The group has enjoyed a good start to 2018 to date and has also completed the acquisition of the international payment business and supply chain partner City Forex. Revenues for Q1 of 2018 grew by 85.3 Revenues for Q1 of 2018 grew by 85.3 FairFX pointed to recent acquisitions as a key driver of its growth for the year.

Operations 100

Operations California Report Groups 100

PYMNTS

AUGUST 28, 2020

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Are SPACs the wave of the future?

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

DECEMBER 9, 2019

This is especially true when attitudes toward holiday payment standbys like credit cards rapidly change between generations. The goal is not to wholly replace credit but to find methods that connect with credit- or debt-shy consumers during the holidays, noted Nick Kaplan, president of fashion brand Fashion To Figure.

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

JANUARY 15, 2019

And, while customers have a favorable view of many of these technologies, QSR managers tend to have more of an old-school outlook. That is, over 90 percent of QSR managers see the counter as positive and satisfying experiences per the PYMNTS Restaurant Readiness Index , but only 62.5 percent of customers. percent of customers.

Innovation 125

Innovation Mobile Management Branding 125

PYMNTS

OCTOBER 15, 2019

Citi’s latest financial report comes as the bank is engaged in various hot areas of payments, not the least of which is dealing with — and trying to get ahead of — ongoing shifts in payments, commerce, security and transparency, and giving corporate cash managers an edge when it comes to real-time and instant payments and other areas.

America 109

America Cards Regional Resources 109

PYMNTS

APRIL 30, 2018

Startup Amaryllis made an appearance at TRANSACT 18 in Las Vegas April 16 through 19 – the company’s first 10-by-10 booth at a major conference, noted CEO Mark Bishopp , and an experience that was right in line with the startup’s goal to make 2018 “the year of getting the word out” about Amaryllis.

Las Vegas 122

Las Vegas Conference Meeting Branding 122

PYMNTS

FEBRUARY 19, 2020

In they went, stealing details of 30 million cards before the malware was discovered in December of 2019. card number. Bottom line: Fraud losses are expected to hit $48 billion annually by 2023 – more than double the 2018 losses. Bad people love Wawa , too – mostly for its large database of consumer information. Sealing It.

Fraud 131

Fraud Pennsylvania Trends Security 131

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. I joked that I’d be a shoo-in for the job. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

PYMNTS

FEBRUARY 11, 2020

Shoppers left approximately $34 billion worth of abandoned goods in their online carts in 2018 — the equivalent of 7 percent of all digital commerce conducted that year. These offerings allow millennial shoppers to buy goods without tripping the financial anxieties they developed from managing student loans and other debts.

Millennials 130

Millennials Retail Mobile Online 130

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. It is playing the sustainability card this year, with Fashion Footprint Calculator.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134