PYMNTS

OCTOBER 19, 2020

The Mastercard Track Card to Account Transfer, the release says, will let businesses use commercial cards to pay suppliers even if the suppliers don't take card payments. Manual work won’t be as necessary and businesses will be able to access expanded payment operations, the release says.

Cards 188

Cards Payments cryptocurrency blockchain 188

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 9, 2020

The program is housed in an app that will provide users with a photorealistic AR experience in a 360-degree virtual environment, where they can interact with a number of displays that educate them on the features of their card. To begin, the users must scan their cards on their phones. Power 2018 U.S. According to the J.D.

Cards 131

Cards Examples Regional Apple 131

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

MARCH 25, 2019

After posting better-than-expected fourth-quarter earnings results, commercial payments firm WEX announced plans to acquire the fuel card assets of EG Group, Go Fuel Card. In a press release on Monday (March 25), WEX said it will acquire Go Fuel Card, the fuel card operations of the European fuel station EG Group.

Strategy 148

Strategy Cards Groups Operations 148

PYMNTS

FEBRUARY 19, 2020

Analysis of contactless card transactions revealed that the volume of commercial card contactless payments, both debit and credit, jumped 24 percent between 2018 and 2019. At the same time, commercial credit cards’ cash advances dropped 14 percent last year. SumUp Wields Cards For Faster Revenue.

Cards 131

Cards Management Report Data 131

PYMNTS

MARCH 1, 2019

Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. Reports state the complaint is focused on interchange fees – the amount paid by the lender servicing a trade outlet to the lender that issued the card. In the U.S. last month, they agreed to provide roughly $6.24 In the U.S.

Marketing 128

Marketing Cards Retail California 128

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

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

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

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

JULY 5, 2020

The German payment processing company’s operating performance in Europe and the Americas was far worse than previously known, according to a report from KPMG, the Netherlands-based global accounting firm, obtained by the newspaper. For example, two years ago when Wirecard’s stock market valuation topped 24 billion euros ($26.9

Payments 170

Payments Cards America Report 170

PYMNTS

AUGUST 25, 2017

Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. The deal is slated for completion in early 2018, the firms said in a joint statement.

Cards 100

Cards United States Taxes Operations 100

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

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

MARCH 8, 2016

There was a time when prepaid cards were only good for calling back home long distance or keeping otherwise embarrassing purchases off of credit card statements. With Tuxedo’s latest feature, though, prepaid cards could suddenly be good for a lot more.

Cards 100

Cards Marketing Capital Groups 100

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

PYMNTS

NOVEMBER 15, 2017

Just last week, Deloitte found that in 2016 alone, nearly 27,000 new blockchain projects surfaced on the market. EY Ops Chain and SAP Leonardo will help companies quickly develop and deploy blockchain solutions that connect business operations across their systems, on a platform already widely used by companies worldwide.”.

blockchain 130

blockchain Analysis Tools Technology 130

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

NOVEMBER 27, 2018

Climbing interest rates are taking their toll on the number of consumers in the market for new home mortgages. The Incredible Shrinking Non-Bank Mortgage Lending Market. percent between the end of 2017 and the middle of 2018, while the ranks of mortgage loan originators at those firms declined by 7 percent, or by about 11,000 workers.

Marketing 116

Marketing Dallas Lending Conference 116

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

JANUARY 11, 2021

He added that Revolut strives to be “the best in class for customer experience, value and capabilities” and offer a full range of services from deposit accounts and overdraft protection to loans and credit cards. Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

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 70

Conference Regional Examples Payments 70

PYMNTS

MARCH 12, 2020

The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 billion in revenue and cost $5 billion to operate. Those facilities accounted for about 15 percent of total fiscal year 2018 revenues and about 7 percent of its total costs.

Retail 169

Retail US Survey Examples 169

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

PYMNTS

MARCH 25, 2020

Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. 31, 2019 showed an increase in total operating revenues of $249.3

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

JANUARY 21, 2020

“We are honored to enable Amazon customers in Chile to shop on Amazon.com with international and domestic credit cards, including interest-free installments and Amazon Prime Video subscriptions in Chilean pesos.”. or Europe, optimization of local payment operations and other localization-related advisor[ies].”. “It

Payments 131

Payments Video Operations Apple 131

PYMNTS

JUNE 17, 2020

upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange fees (MIF). Different MIFs apply to different transaction types, which can span contactless or card not present payments.

Cards 150

Cards Retail Regional Marketing 150

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom.

blockchain 188

blockchain Cards Payments Management 188

PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. A confluence of factors, some in staging for years and others totally unexpected, are creating a vast new market for digitization across the entire financial sector. based organizations, 41.2

System 165

System Management Tools Cards 165

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. 31, 2018, with a year-end goal of 300 million.) P2P Numbers. million U.S.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

FEBRUARY 4, 2019

Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 billion in 2018 to $26.9 billion in 2018 to $26.9

Payments 183

Payments System Cards Policies 183

PYMNTS

MAY 29, 2019

Robinhood Markets , the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. According to CNBC, Robinhood’s co-CEOs Baiju Bhatt and Vlad Tenev have said an initial public offering is in the cards at some point — but that currently, it is focused on disrupting other areas of finance.

National 159

National California Maine Marketing 159

PYMNTS

FEBRUARY 28, 2019

Square ‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. The Cash App , Square said, had more than 15 million monthly active users in December 2018, more than double the number seen in the final month of 2017. Elsewhere on the call, he said the card can help underserved, underbanked sellers.

Cards 170

Cards Trends Payments Conference 170

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. In the U.S.,

US 140

US Apple New York City Cards 140

PYMNTS

JANUARY 24, 2020

Mercari , the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami , a payments platform also in Japan. markets against larger companies with similar business models like Craigslist and eBay, Mercari intends to improve current money losses with the expansion. With plans to compete in U.S.

Training 140

Training Payments Marketing Retail 140