PYMNTS

JANUARY 15, 2021

Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. consumers were expected to spend more than $190 billion online this season, up 36 percent from 2019, while in-store commerce was predicted to fall by 4.7

Retail 159

Retail Online Fraud Cards 159

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

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.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

MAY 18, 2018

The rate of credit card delinquencies jumped 52 basis points (BPS) in the first quarter (Q1) of 2018, and will likely continue to increase over the next 12 months as consumers take on more debt. The rate of new delinquencies on credit cards stood at 6.42 The rate of new delinquencies on credit cards stood at 6.42

New York 120

New York Survey Cards Report 120

PYMNTS

OCTOBER 9, 2019

bank NatWest has started a three-month trial of a biometric credit card that will use a fingerprint in lieu of a PIN. If the purchase is more than £100, then the card needs to be put into a terminal with the fingerprint as additional verification. . NatWest launched a test of biometric debit cards earlier this year. .

Cards 132

Cards ATM Security Innovation 132

PYMNTS

FEBRUARY 19, 2019

Digital disbursements are appearing in unexpected markets , such as sports betting platforms and boatsharing sites. Data: 700 million: The number of active annual Alipay users exceeded this figure in 2018. taxpayers who received federal tax refunds via direct deposit as of May 2018. million: The number of U.S.

Data 109

Data Marketing Taxes Video 109

PYMNTS

DECEMBER 28, 2018

This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores. In August, Amazon and Whole Foods Market announced the rollout of a curbside pickup service for groceries in Virginia Beach and Sacramento. Personal Shopping Services.

Innovation 194

Innovation Sacramento Retail Kentucky 194

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

Cards 150

Cards Analysis Retail Apple 150

PYMNTS

DECEMBER 26, 2018

The following piece was written by Rob Eleveld, CEO of Whitepages Pro , as a contribution to our 2018 year-end eBook. . Payments 2018 was a year of accelerated disruption. Then came checks, credit cards and wire transfers, with the most recent market explosion in several digital payment options.

eBook 149

eBook Fraud Data Payments 149

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

JANUARY 23, 2019

3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Department of Justice (DOJ) will essentially shut down a source of revenue made possible by a 2018 U.S. As the Feb.

Online 143

Online New Jersey Las Vegas Risk Management 143

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. Nordstrom joins other department stores in the resell market.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

JANUARY 29, 2019

Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. Which brands will blow it? More about that in just a bit, though.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

MAY 7, 2019

Citigroup is the world’s largest credit-card issuer, with about 28 million customers, but the gap between its credit business and retail banking has grown larger. To combat this, Citi has begun testing perks for credit cards to encourage customers to get other banking products.

Cards 143

Cards Digital Banking Retail US 143

PYMNTS

JANUARY 10, 2018

For example, over the last two years, Mastercard has moved its focus from start-ups that are still quite nascent, to those that have taken important steps to grow by raising funds, putting an actual product in market and beginning to scale. “And our goal is to find the opportunities to work together with start-up companies.”.

Company 194

Company Meeting Millennials blockchain 194

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

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Carding shops offer bulk sales on compromised payment card data. Another popular category in the underground is account markets.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

SEPTEMBER 18, 2019

billion consumers around the globe are projected to be shopping online by 2021, presenting a tempting opportunity for the subscription businesses that can tap into this robust international customer base. This month’s Deep Dive examines key strategies subscription merchants can use to succeed in international markets. for example.

Marketing 108

Marketing Cards Mobile Online 108

PYMNTS

FEBRUARY 11, 2019

Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store. In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. That’s been the case in markets such as the U.K. Sure, more terminals in the U.S.

Online 197

Online Retail Mobile Branding 197

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. In comparison to a market like China’s, it’s glacial. trillion — compared to the $112 billion market in the U.S., It hasn’t been easy. percent to be exact).

Mobile 109

Mobile Apple Samsung Cards 109

PYMNTS

FEBRUARY 19, 2020

Membership in Visa gives Coinbase the ability to offer the Coinbase Card , which enables its customers to spend cryptocurrency as easily as using cash from their bank account. “We Coinbase has been working with Visa since 2019, when it launched its Coinbase Card in the U.K. The company debuted the card in the U.K.

cryptocurrency 208

cryptocurrency Cards Bitcoin Marketing 208

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

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8 on March 13.

Marketing 198

Marketing Company Online Management 198

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

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. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 6, 2020

MoneyGram reported a record-breaking online transaction growth over the holiday period. 25, the company, a leader in money transfer services, reported a transaction growth of more than 70 percent from the same time in 2018, with 80 percent of those transactions done via mobile device, according to reports. Between Dec. Outside the U.S.,

Online 130

Online Marketing Mobile Report 130

PYMNTS

JUNE 25, 2018

The 2018 Q1 saw a combined valuation of VC investments nearing $50 billion — the fourth quarter in a row where VC funding has surpassed $45 million, KPMG noted. With so much money up for grabs, it may come as a surprise that startups often struggle to get approved for a credit card, even after a lucrative funding round.

Cards 130

Cards Software Capital Management 130

Perficient

MARCH 23, 2021

Prior years’ studies are available here: Mobile vs. Desktop 2018 (published 2019). Mobile vs. Desktop 2017 (published 2018). We’ve broken it down into market segments, in both U.S. The following chart shows time-on-site stats by market category across different U.S. Tablet data is also included. and global views.

Mobile 421

Mobile Study Community Industry 421

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. Jim Brill, IBM Financial Services Marketing. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018!

Conference 98

Conference Regional Examples Payments 98

PYMNTS

OCTOBER 15, 2018

Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. online bank, which already offers credit cards, savings and loans to 13 million customers. We expect to have that in the market next year.”. Barclays is ready to offer U.S.

Digital Banking 187

Digital Banking Cards Online Branding 187

PYMNTS

MAY 3, 2019

Co-Founder and CEO Eran Shust told PYMNTS in an interview that the aim is to bring more options to the table and enable travelers to “choose something not out of the specific package[s] that most of the OTAs [online travel agencies] are offering.”. For payments, the site accepts credit cards and PayPal. The Hotel Market.

Online 100

Online Innovation New York Marketing 100

PYMNTS

NOVEMBER 7, 2018

According to one recent estimate , consumers globally in the third quarter of 2018 downloaded 29 million apps from Apple and Google app stores, up 10 percent year over year. As reported by PYMNTS , in the third quarter of 2018, Apple ’s App Store came out on top in a big way, earning nearly 93 percent more app revenue than Google Play.

Marketing 122

Marketing Google Apple Mobile 122

PYMNTS

FEBRUARY 8, 2018

But don’t be fooled: The experience doesn’t feel like contextual marketing. “If If you’re to go to iMessage and experiment with the ability to purchase a gift card of either Dunkin’ Donuts or Starbucks in the apps, those feel more native because it’s not actually contextual commerce at that point,” Gilbert said. Gift Card Popularity.

Cards 105

Cards Retail Strategy Marketing 105

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

Cards 189

Cards Google Tools Regulation 189

PYMNTS

FEBRUARY 23, 2018

Today in PYMNTS data, the digital food delivery industry is growing every day, firms are using venture capital funding to expand B2B virtual card solutions, mobile apps are helping ease financing issues in auto purchasing and consumers have spoken: Omnichannel readiness features are not all created equal, but free shipping is a winner.

Cards 100

Cards Data Capital Mobile 100

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. All teens want for the holidays this year is a new iPhone and some Fortnite “V-Bucks” virtual currency. The top item on U.S. teenagers’ wish list is Apple ’s latest iPhone. in the upcoming holiday season.

Apple 123

Apple Video Retail Branding 123

PYMNTS

FEBRUARY 22, 2019

Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a credit card license in that country. As estimated by Analysys, the value of online transactions through the first nine months of 2018 stood at roughly $18 trillion USD.

Cards 134

Cards Analysis Online Marketing 134