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

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

FEBRUARY 7, 2020

But this fallback option (less secure though it may be) will disappear, said Edwards, as authentication methods improve on the digital front. 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.

Payments 164

Payments Data System Security 164

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

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

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, 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. The Secret Sauce For Securing Foods Digital Future Is Forethought. “If

Study 206

Study Industry United States Innovation 206

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

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, based in South Africa, said it will use the funding to scale operations across Southern Africa, the U.S. Flutterwave. as well as boost its workforce by 30 percent, the company said.

Fintech 198

Fintech Capital San Francisco Georgia 198

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

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. Connected car shipments in the U.S.,

Cards 160

Cards Payments Study Examples 160

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

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

SEPTEMBER 17, 2020

The offer will be available for any school around the world offering Flywire as a payment method for international tuition through the 2020 fall term for students from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana, the release stated.

Payments 315

Payments Guidelines Security Cards 315

PYMNTS

DECEMBER 9, 2020

Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At

blockchain 258

blockchain cryptocurrency Analytics Policies 258

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

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

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

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. All the consumer needs to do is fill out a survey, at the end of which the page asks for a credit card number to pay for the $1 phone. Consumers are advised to call billers or card providers directly to stop such charges. Data-Rich Defenses.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

OCTOBER 10, 2019

That’s the view shared by Trevor LaFleche, director of product management and marketing for Enterprise Payments Solutions at Fiserv , during a recent PYMNTS discussion that centered around the spread of real-time payments, and their global prospects going into 2020. Security Awareness. Fresh PYMNTS research has dug into the issue.

Payments 202

Payments Cards Trends Security 202

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

JANUARY 13, 2021

The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. percent had falsely claimed a charge on their credit card was fraudulent to score a refund. Experts predicted that up to $190 billion would be spent online this year, a 35.8

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. Banking as a service makes it far easier for [entities] from startups to multinational corporations to access and create simple, fast, secure and transparent full-fledged financial products,” Athavale said.

System 165

System Management Tools Cards 165

Tomorrow's Transactions

JUNE 9, 2020

2020 has been dominated by the COVID-19 pandemic threatening our way of life, challenging our resourcefulness and resilience, on a global scale not experienced since the World War ended 75 years ago. Many employers would not have considered such a move previously, citing security and lack of productivity as potential hurdles.

Resources 82

Resources Risk Management Operations Regulation 82

PYMNTS

APRIL 5, 2017

Paygilant, the frictionless mobile payments fraud detection company, announced Tuesday (April 4) it was able to show how Citi was able to reduce operational costs associated with mobile wallet transactions. With mobile wallet transactions worldwide expected to exceed $1.5

Fraud 101

Fraud Operations Tools Mobile 101

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

JUNE 30, 2020

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer or seller using TravelgateX, a press release says. Virtual cards help sidestep the problem of navigating a mire of bank guarantees an online travel agency might have to do.

Payments 198

Payments Fraud Cards Data 198

PYMNTS

DECEMBER 14, 2020

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. Consumers expect checkout to be frictionless, fast and secure,” Gaines explained. “It It is when [their payment preferences] are not available, they do not feel comfortable.or for example.

Payments 349

Payments Online Retail Mobile 349

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

OCTOBER 9, 2020

Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well, with some experts predicting that more than 2.1 This includes upgrading digital security measures, but the resurgence of brick-and-mortar commerce has required upgraded technologies to accept contactless payments and mobile wallets.

Fraud 188

Fraud Retail Report Online 188

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5 The Rise of the Marketplace.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

JANUARY 25, 2021

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. The reason is that you don’t need to remember any payment details, card numbers or bank numbers.

Online 300

Online Meeting Payments Cards 300

PYMNTS

JUNE 12, 2019

Bento for Business, a B2B payments company, has introduced a new product called Bento Pay, a digital payments solution that “eliminates the need to write checks and gives businesses the ease and security of paying any supplier confidentially, regardless of their digital payment preferences,” according to a release by the company.

Payments 164

Payments Security Conference Fintech 164

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Five Star Bank Taps Corserv Card Tech. payment schemes. ’s. . Surecomp Debuts as-a-Service Offering.

Community Bank 242

Community Bank Community Fintech Regional 242

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

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Fraud 52

Fraud Cards Trends Report 52

PYMNTS

JANUARY 14, 2021

The pandemic drastically altered consumers’ shopping habits and retailers’ strategies for getting customers the items they needed during the 2020 holiday season. It’s a lot of people [who] have gotten ahold of someone else’s credit card number and are placing orders with it.”. How Swap.com Stomps Out Fraud.

Fraud 143

Fraud Miami Security Retail 143