PYMNTS

APRIL 23, 2019

Standard Chartered Bank has unveiled instant digital credit issuance in Singapore to shorten the process of accessing a credit card, according to reports. Applicants can activate their cards after they attain immediate approval for their applications. They can then add their cards to wallets from Google Pay, Samsung Pay and Apple Pay.

Cards 115

Cards Google Regional Samsung 115

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

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! Jim Brill, IBM Financial Services Marketing.

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Conference Regional Examples Payments 98

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

JULY 29, 2020

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. In 2018, BoA launched digital wallets in the U.S.

Mobile 247

Mobile America Security Cards 247

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! Jim Brill, IBM Financial Services Marketing.

Conference 70

Conference Regional Examples Payments 70

PYMNTS

OCTOBER 29, 2018

Power 2018 U.S. The data showed that overall SMB bank customer satisfaction is at 800 (on a 1,000-point scale) in 2018, which is lower than the overall satisfaction scores found in the J.D. Power 2018 Retail Banking Satisfaction Study and the J.D. Power 2018 Credit Card Satisfaction Study. According to the J.D.

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Regional Study Management Resources 153

CFPB Monitor

MARCH 12, 2019

The FTC has issued its 2018 Consumer Sentinel Network Data Book. For 2018, imposter scams top the list of reported complaint categories, accounting for 18% of the almost 3 million consumer reports summarized in the Data Book. Credit card fraud was the most common type of identity theft report. declined by 24% from 2017.

Nevada 74

Nevada Georgia Florida Delaware 74

PYMNTS

NOVEMBER 24, 2019

None of your financial data (including credit card information) or social security numbers were involved, and no passwords were compromised,” said the disclosure. . In August 2018, T-Mobile told customers in a blog post that a cyber-attack exposed the personal information of about 3 percent of its users. SMBs in the U.S.

Data 203

Data Mobile Security Regional 203

PYMNTS

DECEMBER 10, 2018

In the press release announcing the new feature, Walmart noted that customers can pay via cash, check, credit card or Walmart Pay. The retailer said at the time that “associates will help customers pay and go by simply swiping their credit card and providing them with a paper or electronic receipt for their purchase.”

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Cards Data Seattle San Francisco 134

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. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Open Banking And Digital Readiness.

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America Regulation Regional Tools 165

PYMNTS

JANUARY 21, 2019

In order to meet the payment needs of the travelers, UnionPay said it has extended its footprint to 174 countries and regions. In the second half of 2018, according to the company, Serbia, Montenegro and Jamaica started accepting UnionPay cards. On the eve of the Spring Festival, merchants in the U.K.,

ATM 115

ATM Georgia Regional America 115

PYMNTS

OCTOBER 9, 2019

The company matches freelance writers and translators — he described UReed as a one-stop-shop for linguistic needs — and has a focus on the Middle Eastern and North Africa region (MENA). T here’s more, and it relates more specifically to UReed: In Q4 2018, there was a jump in nonseasonal workers sourcing gigs via digital marketplaces (38.4

Regional 122

Regional Trends Cards Millennials 122

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

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. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

MAY 22, 2018

Visa announced that the growing number of chip cards and chip-enabled merchants has helped bring counterfeit fraud in the U.S. payments industry to begin the shift to EMV chip cards in 2011,” the company wrote in a press release. As of March 2018, there were 483.6 As of March 2018, there were 483.6 down by 76 percent.

Fraud 133

Fraud Cards United States Regional 133

PYMNTS

AUGUST 29, 2019

Experts estimate that total fraud losses in 2018 totaled $3.9 Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region. The network found that Australia’s 2018 card fraud rate was 72.8 cents per $1,000 AUD of card spending, down from 75 cents the year prior.

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Fraud blockchain System Cards 158

PYMNTS

JANUARY 14, 2019

There’s good news for Amazon Pay users in India: Amazon is giving customers in the region cashback of up to Rs 1,000 ($14) when they load in Rs 5,000 ($71) or more, according to reports. The cash add-ons are available until the end of January, and the extra cash will be given in the form of an Amazon gift card. percent stake to Witzig.

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Retail Regional Cards Meeting 115

PYMNTS

AUGUST 10, 2020

When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve transaction success. On Monday (Aug. A Growing Ecosystem.

Payments 123

Payments Cards Data Regional 123

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

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Company Payments Cards System 115

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types.

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Fraud Online Retail Examples 255

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. . Fraudsters can use fake IDs and stolen cards to place orders and quickly make off with items before retailers catch on.

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Fraud Analysis Regional Examples 130

PYMNTS

SEPTEMBER 11, 2019

Ogundeyi, who previously held a financial advisory role with the Nigerian government, co-founded Kuda in 2018 with Musty Mustapha, a former Stanbic Bank software developer. “We In the coming months, Kuda will add savings and P2P payments along with the no-fee checking accounts and debit cards it offers now.

Digital Banking 181

Digital Banking Fintech Google Software 181

PYMNTS

AUGUST 26, 2019

The airline industry, like so many other businesses, is coming to realize that consumers are setting the pace when it comes new and preferred payment methods — methods that go beyond traditional credit cards. And those changes are taking place as the larger travel industry becomes much more mobile-focused.

Regional 138

Regional America Payments Cards 138

PYMNTS

JULY 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot.

Innovation 128

Innovation Compliance User Experience Cards 128

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

JUNE 27, 2019

The volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018, while 60 percent of U.S. This move follows the 2018 launch of the Starbucks Delivers program in the region. Card-not-present (CNP) fraud is a particular nemesis, as digital ordering leaves few means for physical verification.

Analytics 122

Analytics Data Los Angeles Mobile 122

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. banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

OCTOBER 8, 2018

For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card hand-off as a vote of confidence in a potential new client, service provider or vendor. “Asian small and medium-sized enterprises [SMEs] are a bit behind their U.S.

Regional 188

Regional Online social media Compliance 188

PYMNTS

NOVEMBER 21, 2018

Citing the Nilson Report, the WSJ reported that digital payments accounted for less than 1 percent of all card transactions in the U.S. Amazon is also setting its sights on Asia for its digital payments push, given that region is a huge user of mobile payments apps such as Alipay and WeChat Pay. where competition isn’t as fierce.

Apple 186

Apple Retail Mobile Online 186

PYMNTS

MARCH 7, 2019

While these regulations are aimed at increasing consumer trust by allowing them more transparency, many consumers in the region are still adjusting. The card network has partnered with Open Banking service Konsentus to add an identity and regulatory checking service to its roster of Open Banking tools and technologies.

Lending 198

Lending Regulation Regional Data 198

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

NOVEMBER 1, 2018

According to a recent report, consumers there used their debit cards 13.2 In addition, the use of contactless payment cards almost doubled to 5.6 For the whole year of 2018, Cardtronics said it expected revenue of between $1.31 Meanwhile, the U.K. and other places continue to move away from the use of cash. now using them.

ATM 155

ATM Cards Operations Regional 155

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

MAY 21, 2019

At the same time, it was reported that India saw 10 million new credit cards between March of 2018 and March of this year, while 64 million additional debit cards emerged over that timeframe. And, in Europe, banking service Monese now offers Apple Pay through 13 countries in the region, according to reports.

Apple 108

Apple Retail Mobile National 108

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.

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Fintech Cards System Groups 145