Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. ” – Hunter Thompson. Well, HST and Big Bird had it right. So, let’s go!

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g.

Report 247

Report Fraud Risk Management America 247

PYMNTS

SEPTEMBER 19, 2019

small business market (SMB) will reach $9 trillion by 2020, but also notes that 80 percent of SMBs still use paper checks to make payments. A majority (55 percent) of corporate professionals identified real-time payments as their top B2B payment service priority, according to the Real-Time Payments Innovation Playbook.

Innovation 134

Innovation Payments Phoenix Security 134

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Cards 249

Cards Management Tools Guidelines 249

Bank Innovation

MARCH 28, 2018

The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases. There are more than 8 billion connected devices today, with over 20 billion estimated for 2020.

Security 268

Security Video Bitcoin blockchain 268

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. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022.

Industry 471

Industry Trends social media Payments 471

PYMNTS

APRIL 24, 2020

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. ” Accelerating ACH Innovation.

Innovation 161

Innovation Payments System Data 161

PYMNTS

JUNE 23, 2020

Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound. Verizon Debuts Visa Credit Card With Rewards. To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

DECEMBER 26, 2019

Shorten the timeframe a bit, and it gets (just a bit) easier to see what may be rushing toward us – or what we may be rushing toward — in terms of innovation in-store, online and across all manner of channels. In fact, a time capsule sealed today, with a prediction of what Dec.

eBook 137

eBook Payments Course Trends 137

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. percent during 2020’s first nine months to $1.75 GoodRx earned $55 million in 2020’s first half prior to the company’s September IPO. percent year over year to $37.9

US 230

US Company Report Payments 230

PYMNTS

DECEMBER 16, 2019

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments.

Payments 180

Payments Innovation Cards Google 180

Bank Innovation

MARCH 30, 2017

The global Internet of Things needs to have great cybersecurity—that’s why leading card provider Mastercard just acquired financial cybersecurity firm NuData Security.

Security 150

Security Video Cards Online 150

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Top Trackers And Reports.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. Digital Innovations Will Outlast the Pandemic That Inspired Them. Paytronix CEO Andrew Robbins.

Study 206

Study Industry United States Innovation 206

PYMNTS

APRIL 2, 2020

Almost ironically, card products are poised to play a big part in the 2020 cashflow survival story. There are a lot of retailers that are now looking to their local community to effectively prepay through gift cards to sustain themselves in the short term,” he said. In the payments space, how do you get cash now?

Cards 130

Cards Payments cryptocurrency Lending 130

PYMNTS

AUGUST 9, 2019

million for the quarter, but Bottomline remained confident in growing revenues for FY 2020 thanks to new customer sign-ons that have yet to go live. We had notable customer wins across our banking and business payments platforms as customers continued to choose Bottomline for innovative and highly secure business payments solutions.

Data 134

Data Analytics Digital Banking Cards 134

PYMNTS

JANUARY 25, 2021

Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release. They’re also likely to continue to grow; the third quarter of 2020 showed that contactless penetration represented 41 percent of in-person purchases across the globe.

Technology 310

Technology Cards Community Meeting 310

PYMNTS

NOVEMBER 5, 2019

And it might not go so far in payments and commerce in the coming decade, at least going by the results of a new Mastercard collaboration with Harvard Business Review Analytics on what really works when it comes to innovation, companies and executives. 2020 Innovation Sparks. The report, released Tuesday (Nov.

Innovation 102

Innovation Report social media Data 102

PYMNTS

OCTOBER 1, 2019

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. 1, 2020 — at one point, the deadline was in 2017. It’s not hard to find experts who predict that, even with the new date, gas stations will fail to comply with the deadline, which is set by card networks.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

Cards 130

Cards United States Payments Innovation 130

PYMNTS

JULY 24, 2019

Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” . Visa is working closely with merchants to innovate payments ahead of Tokyo 2020 , including quick service restaurants (QSR) and contactless point-of-sale (POS). according to Visa.

Payments 185

Payments Innovation Cards Technology 185

PYMNTS

MARCH 2, 2020

That appears to concern many businesses as 74 percent of recruiters stated in 2018 that they expected to more intensely vie against other firms to attract new hires in 2020. This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. rose from 3.1

Cards 130

Cards ATM United States Payments 130

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. Making sure customers can access banking services with ease is crucial — but so is keeping those services secure.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

JANUARY 24, 2020

In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. The firm said it plans to focus on scaling up and product innovation, building out its staff, and strengthening marketing initiatives. AvidXchange.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

JANUARY 14, 2020

As reported last year, the major networks – including American Express, Visa, Mastercard and Discover – said they would implement the EMV Secure Remote Commerce standard, with click-to-pay technology, with wide availability beginning in 2020. Bowman said that as eCommerce has grown, innovation has been fragmented.

New York 170

New York Security Cards Retail 170

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals. Data-Rich Defenses.

Security 130

Security Fraud blockchain Cards 130

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. Richard Holmes, previously CEO at Standard Chartered European, joined the Revolut team in October 2020 as a board advisor.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

MARCH 12, 2020

By combining Samsung’s device management and security expertise with Mastercard’s innovative technology, we are creating an ecosystem that can deliver measurable, positive impact to the communities we serve.”. More locations will be added throughout 2020.

Samsung 180

Samsung Innovation America Security 180

PYMNTS

DECEMBER 30, 2020

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” At Mastercard , Executive Vice President of North America Products and Innovation Jess Turner told Karen Webster in a recent discussion, the rapid acceleration has been pushed by what consumers both wanted and needed more than ever.

Payments 281

Payments Innovation America Mobile 281

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JULY 3, 2020

PYMNTS’ June 2020 Credit Union Tracker® , done in collaboration with PSCU , explores the loyalty dynamic at work deep within CUs – and the threats to it should these financial institutions (FIs) fail in their mission to provide members with experiences not typically found at banks. “A Dividends of Loyalty Innovation. percent in 2018.

Innovation 154

Innovation User Experience Tools Technology 154

PYMNTS

JANUARY 20, 2021

Even after the pandemic subsides, the digital acceleration we experienced in 2020 will not — it is here to stay." . In the midst of these struggles, the payments industry has risen to the occasion and innovated to become an even more integral part of the economy and people’s lives.

Payments 178

Payments Innovation Tools Cards 178

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. ” Finexio is just one of the B2B payments startups to have recently secured investor attention. And despite these statistics, B2B payments innovators remain confident that progress will be made.

Innovation 139

Innovation Payments blockchain Florida 139

PYMNTS

FEBRUARY 13, 2019

From digital marketplaces like SeatGeek to tech firms such as Google , innovators are introducing new ways for consumers to buy products and services through social media sites and smart devices. As a result, users could register a debit or credit card and make payments after they created a security PIN.

social media 139

social media Innovation Google Retail 139

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. Configurable And Secure For Remote Treasury.

Case Study 182

Case Study Study Survey Cards 182

PYMNTS

JANUARY 2, 2020

Even the simplest tasks like changing the PIN on a debit card required a command appearance. Those features and functions might be authentication, payments, security, card controls or a host of other contexts, she said, depending on what specific set of customer wants must be addressed. .

Innovation 142

Innovation Digital Strategies Strategy Trends 142