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

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. Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world. trillion in revenue in 2018.

Trends 178

Trends South Carolina Regional United States 178

PYMNTS

OCTOBER 9, 2019

H owever, nothing is easy in life (your parents were right) and that nugget of wisdom served as a central theme of a recent PYMNTS discussion with Rakan Alhassan, operations and marketplace director at UReed. percent) while seasonal workers had lower usage throughout 2018, which dipped in Q4 2018. Among the main challenges?

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 North American ATM operating revenue increased 3 percent, but was offset by lower revenue in the U.K. Late Thursday (Nov.

ATM 155

ATM Cards Operations Regional 155

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

AUGUST 15, 2019

The deal was given the green light by the country’s central bank in July, and will cover the processing of debit card operations. The national payment gateway system was launched in December of 2017 to ensure that every debit card transaction in the country was handled using Indonesian technology. In 2018, there were 6.4

Company 115

Company Payments Cards System 115

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

OCTOBER 13, 2019

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. As part of the newly expanded partnership, Revolut will primarily issue Visa-branded cards in the global expansion. Revolut’s move for new funding isn’t a surprise.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

MARCH 12, 2020

Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. . Payment processors expanding their operations into new industries and markets have their work cut out for them, however.

Fraud 130

Fraud Analysis Regional Examples 130

PYMNTS

JANUARY 29, 2019

As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

MARCH 14, 2018

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new analysis from ACI Worldwide and Ovum. More than three-quarters expect real-time payments to eventually replace the use of payment cards.

Payments 110

Payments Regional Survey Innovation 110

PYMNTS

JULY 9, 2019

An Indian neobank called NiYO Solutions has raised $35 million in a funding round to grow the business and expand some products beyond the region, according to a report by TechCrunch. Series A in January of 2018. The travel card will also be brought to more markets, the company said. The company has raised $49.2

Capital 108

Capital Regional Cards Company 108

PYMNTS

JULY 9, 2019

An Indian neobank called NiYO Solutions has raised $35 million in a funding round to grow the business and expand some products beyond the region, according to a report by TechCrunch. Series A in January of 2018. The travel card will also be brought to more markets, the company said. The company has raised $49.2

Capital 108

Capital Regional Cards Company 108

PYMNTS

MAY 3, 2019

Payments don’t always have to be just about the cards. The two of them operate a program that enables airlines to accept instant online bank payments for consumers’ ticket purchases. Over time, those innovations can certainly make inroads in markets where cards are currently dominant.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

JULY 21, 2017

Fraud varies country to country, region to region. Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well.

Fraud 116

Fraud United States Regional Cards 116

PYMNTS

JUNE 28, 2019

“The next step will be to invite banks from other countries and this is why we want to concentrate our efforts right now on our region, central Europe.” . PPS also wants to sell software to other countries, but not under the BLIK name, and also wants to sell the whole system to companies that operate in Latin America and Africa.

Payments 101

Payments System ATM Regional 101

PYMNTS

OCTOBER 22, 2019

Those operations manage and own 50 percent of [U.S. Between June 2017 and June 2018, for instance, consumers withdrew more than $30 billion from non-interest earning accounts at U.S. Not only that, but the community, regional and direct banks have managed to capture only 37 percent of the small and medium-sized business (SMB) market.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

FEBRUARY 2, 2018

billion Mastercard and Maestro-branded cards issued globally as of year-end. In Latin America, he continued, “We are cautiously optimistic that economic growth in that region in 2018 will be similar to 2017.”. In addition, the number of switched transactions was up 17 percent to 16.7 The company also counted 2.4 Without the U.S.,

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . The fee is cheaper than that of many current card processors, and the app doesn’t require a merchant to buy a card reader. Founded in 2013, Nubank currently claims 8.5

blockchain 147

blockchain Payments Regional America 147

PYMNTS

MAY 23, 2018

A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to fraud last year. The company recently debuted a new biometric payment card designed to enable customers to register their fingerprints without visiting a bank branch.

Trends 125

Trends Strategy Minneapolis Fraud 125

PYMNTS

MAY 3, 2019

Many of these workers travel from rural, low-income regions, hoping that work opportunities in urban areas will enable them to support their families. There is so much operational efficiency,” he said. 31, 2018. . 31, 2018. . The speed is immense.” .

Payments 195

Payments System Security ATM 195

PYMNTS

DECEMBER 19, 2018

As outlined in the “ Giving USA 2018 ” report, charities in the U.S. A strong 2018 economy indicates that nonprofits could see yet another year of solid fundraising. Business card funds are withdrawn immediately from the organization’s account and are reported to accountants.

Tools 108

Tools Cards Groups Management 108

PYMNTS

OCTOBER 30, 2020

The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. PYMNTS explores how cloud infrastructure and automated systems have improved Western Union’s operating efficiencies. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

JULY 26, 2017

And while that is a big goal, Taneja said that it’s all in a day’s work for the global card network that has operations in 200 countries, billions of cards issued across more than 16,000 banks, trillions of dollars in payments processed annually and a processing network — VisaNet — capable of securely processing 65,000 messages per second.

Data 102

Data Security Cards Regional 102

PYMNTS

MAY 30, 2018

Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. PagSeguro, which provides services and devices that enable “micro” merchants to accept debit and credit cards, launched its initial public offering (IPO) in January, raising approximately $2.3

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

JUNE 21, 2018

In the “ 2018 B2B Payments & WCM Strategies ” report, Strategic Treasurer, Bottomline Technologies and Bank of America surveyed about 275 respondents to assess how corporate payment behavior is – or isn’t – changing. Critical to the increased adoption of commercial cards is the increasing acceptance of cards by vendors.

blockchain 111

blockchain Payments Survey America 111

PYMNTS

AUGUST 3, 2018

million customers enrolled in its Groupon+ loyalty program, which is designed to offer customers voucher-free discounts that link to charge cards, while also providing them with rebates when they use the program. million active customers in the region by the end of June. Groupon said that at the end of June, it had about 5.1

Report 100

Report Mobile Conference Regional 100

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. Gift Cards’ New Unfavorable Fans. In fact, they have favored brands, with iTunes and Google Play cards popular favorites.

Data 134

Data Fraud Cards Regulation 134

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. Virtual card issuance. Business lending and corporate cards. Sigma aims to streamline business operations. Growing the internet economy.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 15, 2018

One vendor at past festivals, who sold nuts to concertgoers, said that the company that operated the festival, as well as others in the region — WCMC, which in turn is owned by IMG — allowed vendors to keep cash proceeds from sales. In 2018, 68 percent of B2B customers have maturities of at least 40 days, said the report.

US 124

US Payments Oregon Report 124

PYMNTS

AUGUST 21, 2018

As for Klook itself, the company operates with an effort to streamline the process of booking travel activities that can span visits to attractions, hotels and restaurants. With the merchant solutions, efficiency of their daily operations and booking fulfillment[s] are optimized,” Liu told PYMNTS. and Europe yet.”.

Regional 103

Regional United States Capital Mobile 103

PYMNTS

AUGUST 15, 2019

this seemingly high-tech format is being adopted (and adapted) by smaller, regional stores without Amazon-sized budgets. Customers can use credit cards or cash or go completely cashierless with Grabango’s payment app. Customers can use credit cards or cash or go completely cashierless with Grabango’s payment app. In the U.S.,

San Francisco 128

San Francisco Retail Minnesota Regional 128

PYMNTS

FEBRUARY 7, 2019

That — according to CEO Kristian Gjerding of CellPoint Mobile and CEO Ralph Kaiser of Universal Air Travel Plan (UATP) — is the reality that airlines and other travel vertical players must wrap their minds around when it comes to thinking beyond card payments from leisure customers.

Payments 192

Payments Mobile Industry Marketing 192

CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. Other companies backed by SoftBank operate in areas like media & entertainment ( Iyuno-SDI Group ) and satellite connectivity ( OneWeb ). Our Business Social Graph below includes all equity investments since 2018. Retail & consumer.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

FEBRUARY 14, 2018

The news comes as merchants in the region have begun allowing their customers to pay in bitcoin. In news from more traditional cryptocurrency exchanges, the founder of a top crypto exchange predicts that the entire market for digital coins will reach a value of $1 trillion in 2018, CNBC reported.

Bitcoin 100

Bitcoin Rhode Island cryptocurrency New Hampshire 100

PYMNTS

OCTOBER 21, 2019

Furthermore, according to the latest edition of PYMNTS’ PSD2 Tracker , only 40 percent of merchants operating in the European Union that are aware of SCA reported being ready by that date. The new SCA Impact Playbook explores how subscription-based merchants can prepare for SCA and manage conversion, churn and card-based risk.

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

SEPTEMBER 18, 2019

A global survey found that the share of consumers who favored auto-renewal grew from 21 percent to 39 percent between 2018 and 2019. based subscription operations that don’t have both a card issuer and merchant acquirer based in the European Economic Area will also get SCA exemptions. A Spotlight on SCA.

Software 116

Software Study Survey Retail 116