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

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. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores.

Online 197

Online Retail Mobile Branding 197

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. Now the operators of sports betting websites are wondering if the U.S. As the Feb. Supreme Court decision.

Online 143

Online New Jersey Las Vegas Risk Management 143

PYMNTS

MARCH 19, 2019

March Madness has a new flavor this year: legal online betting. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. And about 4.1

Online 125

Online New Jersey Las Vegas Risk Management 125

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

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

Carding shops offer bulk sales on compromised payment card data. Carding shops are underground marketplaces that traffic in compromised payment card data. These marketplaces facilitate the movement of compromised payment card data from hackers to fraudsters, often across faraway geographies. Fraud Prevention.

Fraud 307

Fraud Tools social media Cards 307

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

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

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. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 98

Conference Regional Examples Payments 98

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

JANUARY 21, 2019

A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards. According to a report by The Independent and cybersecurity firm Sixgill , a hacker will access someone else’s credit card information, and then use it to create a Fortnite account and buy V-bucks, which is the game’s currency.

social media 211

social media Cards Security Fraud 211

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 4, 2020

pay to accept Visa cards. As reported, the swipe fees, which are charged each time a customer uses a card to pay, would go up or down depending on the setting or merchant category. The revamped structure is an attempt to spur more payments via card, the news outlet reported. Based on the most recent review in the U.S.,

Report 167

Report Cards Examples Payments 167

PYMNTS

JANUARY 22, 2019

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Online retailers are forecasted to open hundreds of stores, and Brandless has rolled out a subscription service. DBI) in 2018.

Data 167

Data Payments Innovation Study 167

PYMNTS

DECEMBER 10, 2018

Walmart Makes It Easy to Shop Online While in Store. Consumers looking for a specific product they can’t find in-store can now ask an associate to help them find the item online via an in-store device. In the press release announcing the new feature, Walmart noted that customers can pay via cash, check, credit card or Walmart Pay.

Cards 134

Cards Data Seattle San Francisco 134

Bank Innovation

DECEMBER 3, 2018

It’s been an interesting year. Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending.

Google 170

Google Bitcoin Lending Innovation 170

PYMNTS

AUGUST 28, 2019

A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. The survey also found that 59 percent of respondents turned to BOPIS to get items faster than online shopping can provide. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108

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. “2019 was another record year for WEX , capped off by an impressive fourth quarter driven by double-digit, top-line growth and strong operating leverage,” said Melissa Smith, WEX’s chair and CEO. .”

Millennials 150

Millennials Examples Cards Groups 150

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. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 70

Conference Regional Examples Payments 70

PYMNTS

JANUARY 21, 2020

Amazon has a long history of pioneering online innovation and bringing eCommerce to the rest of the world,” said Sebastian Kanovich, CEO of dLocal. “We The platform bridges the gap between the needs of global, online enterprises and payments realities in emerging countries. Microsoft, Apple and Alphabet, are also in that group.

Payments 131

Payments Video Operations Apple 131

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

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 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

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

JULY 25, 2019

The company offered a variety of promotions during this year’s Amazon Prime Day, including cash-back incentives at around 2 percent for cardholders making purchases using their credit union-issued debit and/or credit cards. Amazon Prime Day is an exceptionally visible event with broad marketability — and it gets bigger every year.

Analytics 167

Analytics Cards Data Analysis 167

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165

America Regulation Regional Tools 165

PYMNTS

DECEMBER 19, 2019

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology ( GoPay ) and will head to China as the country’s first online-only payments platform, PayPal said in a press release on Thursday (Dec. GoPay is licensed for digital and mobile transactions and operates similar to PayPal.

Mobile 133

Mobile Online US Marketing 133

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

Regulation 181

Regulation Boston Cards Innovation 181

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. billion in 2018 to $26.9 billion in 2018 to $26.9 consumers currently favor paying via credit card. The number of card payments was up 10.1

Payments 183

Payments System Cards Policies 183

PYMNTS

SEPTEMBER 30, 2019

Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. At the time, reports said, the county was operating a computer supply deal for its schools, so county officials believed the email to be valid. Between Aug. 8 and Sept. 10 last year, the county paid more than $1.3

Ohio 142

Ohio Operations Virginia Report 142

PYMNTS

DECEMBER 13, 2019

Walmart India is investing in B2B supply chain management startup Ninjacart, a company that specializes in streamlining the strategic sourcing operations of the grocery sector. 13) said that Walmart India, alongside Flipkart (which was acquired by Walmart in 2018), led the investment in Ninjacart for an undisclosed sum.

Big Data 134

Big Data Operations Analytics Retail 134

PYMNTS

JANUARY 28, 2020

The Dutch-based payment company has already begun processing some payments, and will eventually help Subway in more than 20,000 stores, according to Adyen Chief Operating Officer Kamran Zaki. The company offers services both online and in stores, processing merchant payments in numerous countries and currencies.

San Francisco 132

San Francisco Payments US Trends 132

PYMNTS

JANUARY 28, 2020

The Dutch-based payment company has already begun processing some payments, and will eventually help Subway in more than 20,000 stores, according to Adyen Chief Operating Officer Kamran Zaki. The company offers services both online and in stores, processing merchant payments in numerous countries and currencies.

San Francisco 130

San Francisco Payments US Trends 130

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. For the first nine months of 2018, net revenue for Goldman Sachs stands at $28.08

Lending 147

Lending Digital Banking Retail Branding 147

Bank Innovation

FEBRUARY 4, 2019

BBVA’s new Group CEO Onur Genç could barely get through a sentence during the bank's fourth-quarter earnings call without saying the word "digital."

Groups 170

Groups Operations Digital Banking Cards 170