PYMNTS

JANUARY 12, 2021

Customer experience management platform provider Paytronix released its holiday gift card report on Tuesday (Jan. 12) and found a mixed bag for restaurant sales of gift cards. Its research found that overall card sales ended the year down 31.8 percent rise in average spend per gift card during 2020.

Cards 149

Cards Study Customer Experience Tools 149

PYMNTS

DECEMBER 18, 2020

The National Restaurant Association ’s initial 2020 outlook was bright, as it projected sales just shy of $900 billion. This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Course 202

Course Cards Capital Payments 202

Perficient

NOVEMBER 22, 2023

In March 2020, the student loan forgiveness program was initiated, providing relief to many borrowers. Rising Credit Card Debt and Interest Rate Impact Since early 2022, the Federal Reserve has raised interest rates 11 times , impacting both student loans and credit cards.

United States 221

United States Cards US Operations 221

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. As it turns out, the technology can also ease friction for suppliers' AR operations, too.

Cards 199

Cards Tools Payments Technology 199

PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

Cards 167

Cards Apple FDIC Samsung 167

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 Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016.

US 230

US Company Report Payments 230

Gonzobanker

JANUARY 17, 2020

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

PYMNTS

DECEMBER 14, 2020

20-25 : Number of verticals in which OMNi hopes to operate down the road. 55% : Share of millennials who are interested in giving digital gift cards this year. Data: 78% : Share of consumers anticipating a permanent shift to digital shopping habits post-pandemic.

Millennials 160

Millennials Retail Data US 160

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: 60 percent of small restaurant operators have had their revenues decline since the pandemic began. percent use debit cards and 42.1

Data 277

Data Innovation Payments Millennials 277

PYMNTS

DECEMBER 26, 2019

A year from now then, by December 2020, it’ll be interesting to see where we’ve been and where we thought we’d be — and what might come next. A year from now, the end of 2020 may be marked by a holiday season tied to robust holiday shopping done through mobile means and contactless payments amid a surge of contactless cards issued by banks.

eBook 137

eBook Payments Course Trends 137

PYMNTS

MARCH 18, 2020

CoinZoom has officially rolled out an exchange and a CoinZoom Visa card, according to an announcement. The card, which is directly connected to client accounts, lets clients instantly change their digital currency balances to fiat that they can spend at merchants around the globe.

Kentucky 200

Kentucky Cards Wyoming Bitcoin 200

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. According to the J.D. Power 2018 U.S.

Cards 131

Cards Examples Regional Apple 131

PYMNTS

FEBRUARY 7, 2020

If past is prologue, consider the old days of card transactions, where authentication at checkout at the local grocery store may have meant getting on the phone with Amex. Various points along the continuum of healthcare also may operate with different systems. I believe the time has arrived for healthcare RFPs in 2020.”.

Payments 164

Payments Data System Security 164

PYMNTS

NOVEMBER 13, 2020

In today’s top digital-first banking news, FISPAN has joined Mastercard’s Start Path accelerator program, while Wells Fargo & Co is looking to sell its private-label credit card and point-of-sale (POS) financing arm. Wells Fargo Seeks Bidders for Private-Label Credit Card Unit. percent last year.

Cards 186

Cards cryptocurrency Report US 186

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Cards 151

Cards Security ATM Data 151

PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

Payments Innovation Cards Google 180

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. ChowNow Co-founder and Chief Operating Officer Eric Jaffe.

Study 206

Study Industry United States Innovation 206

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

NOVEMBER 5, 2020

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. percent from 2020 to 2027. Around The B2B Payments World.

Cards 160

Cards Payments Groups Tools 160

PYMNTS

DECEMBER 24, 2019

26, the eCommerce operator — via its Alexa Skills Kit Blog — announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. The company has an option to transfer money to the bank without a debit card for the same fee. Now, more U.S. 6: During Commutes.

Cards 160

Cards Payments Study Examples 160

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

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

Payments Dive

APRIL 11, 2017

The card networks decided late last year to show some mercy on fuel operators and pushed back their EMV deadline to Oct.

Cards 268

Cards Operations 268

PYMNTS

SEPTEMBER 3, 2019

The most transformative innovations in payments and commerce over the last decade are mostly the result of innovators making what was once visible, invisible: payments, stores, merchants, brands, issuers, even card networks. Cards on file, credentials stored long before voice assistants became a thing, will likely remain just as they are.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

JUNE 14, 2018

N26 , the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch , the card was first announced at TechCrunch Disrupt Berlin in December of 2017 and was available for early access by N26 Black customers.

Cards 109

Cards Fintech United States Report 109

MyBankTracker

JULY 23, 2020

Much like personal credit cards, you can be stuck with a tough decision choosing a business credit card. You may have to consider the rewards program or the card’s perks that may help your business operations. credit card issuers and banks offer very attractive choices (not surprising). The major U.S.

Cards 52

Cards New Jersey Connecticut San Antonio 52

PYMNTS

AUGUST 11, 2020

Our green bond offering will help us accelerate the transformation of our infrastructure and operations to reach our environmental goals. The initiative builds on Visa’s sustainability goals, including its transition to 100 percent renewable electricity across its operations achieved at the start of 2020, Visa said. “As

Cards 258

Cards Operations Industry Examples 258

PYMNTS

MAY 31, 2017

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device.

Mobile 113

Mobile Cards Payments Samsung 113

PYMNTS

JANUARY 24, 2020

The firm, based in South Africa, said it will use the funding to scale operations across Southern Africa, the U.S. Operating in the close management space, FloQast connects accountants to technology that can help them close the books more quickly and more accurately. Flutterwave. Berkshire Grey.

Fintech 198

Fintech Capital San Francisco Georgia 198

Perficient

FEBRUARY 17, 2023

Embedded Payments A 2022 study published by the Federal Reserve Bank of San Francisco noted that app payments increased as a percentage of total consumer purchases from 11% in 2019 to 15% in 2020, to 29% in 2021. At just 4 cents per transaction, the fees to the merchant are far less than the 2% to 3% fees charged by credit cards.

San Francisco 275

San Francisco Cards Online Payments 275

PYMNTS

JANUARY 14, 2021

percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. percent of card present activity on contactless credit cards. Payments credit union service organization (CUSO) PSCU reported 11.4

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

The Paypers

MARCH 31, 2020

JCB has announces that Discover Card will be accepted from 1 April 2020 for purchase of tickets at station ticket offices and ticket vending machines operated by Japan Railways.

Cards 31

Cards Operations 31

PYMNTS

DECEMBER 18, 2020

“Companies are adjusting their AP practices to better suit work-from-home operations, according to recently released results of a survey taken from May to June. financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The poll of 325 U.S.

Payments 160

Payments Cards Report Tools 160

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. This puts pressure on merchants to find ways to make their operations PCI compliant, and fast.

Compliance 243

Compliance Data Report Meeting 243

CB Insights

JULY 8, 2021

Denmark-based Pleo offers smart business cards to automate expenditure reports and make spending easier. These business cards work in tandem with software and mobile apps to match receipts and track expenditure in real-time. The company operates in Denmark, Sweden, Germany, Spain, Britain, and Ireland. Want the full post?

Capital 79

Capital Company Cards Report 79

Perficient

NOVEMBER 16, 2020

On October 30, 2020, the Consumer Financial Protection Bureau (CFPB) issued a final rule that “focuses on debt collection communications and gives consumers more control over how often and through what means debt collectors can communicate with them regarding their debts.”.

Analytics 294

Analytics Compliance Cards Operations 294