PYMNTS

JANUARY 5, 2017

percent from 2017 to 2021, according to research firm Research and Markets. In a press release highlighting the launch of new research, dubbed “Global Mobile Wallet Market 2017–2021,” Research and Markets said the use of 3G and 2G mobile data and broadband around the globe is a big contributor to the growth of the mobile wallet market.

Mobile 155

Mobile Marketing Retail Strategy 155

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Fraud 131

Fraud Cards Tools ATM 131

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. By 2021, we’re looking already at a cost of $8.6 billion related to chargebacks and disputes for the U.S.

Cards 220

Cards Online Fraud US 220

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. And the data from January 2023 is already trending at nearly 10x increase over 2022.

Cards 98

Cards US Data Fraud 98

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

DECEMBER 3, 2020

After the year we’ve seen so far, uncertainty is probably just about the last thing the retail segment wants as a holiday present for 2020. Piatt said those are figures align nicely with recently released National Retail Federation (NRF) data indicating that 39 percent of holiday shopping will happen online this season.

Cards 210

Cards Online Trends Survey 210

Abrigo

APRIL 25, 2024

Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. Starting with loans originated in January 2021, delinquency rates begin to fall and even dip below historical averages. At the same time, 59% pursued credit to meet operating expenses.

Lending 195

Lending Trends Capital Strategy 195

BankBazaar

FEBRUARY 22, 2022

But fret not – the right fuel Credit Card can save the day (and some money)! Fuel Credit Cards. In recent times, having a fuel Credit Card has gained massive popularity owing to its huge savings on fuel transactions through cashbacks, free fuel, accelerated reward points, etc. IndianOil Citi Credit Card. Spend Value.

Cards 78

Cards Online Samsung Retail 78

PYMNTS

OCTOBER 5, 2020

And CVS in August became the first major retailer to introduce PayPal QR code technology, which it plans to roll out in its 8,200 U.S. The report found that workers and customers have both become wary of exchanging cash and using physical cards to make purchases. stand-alone stores.

Payments 360

Payments Cards Retail Branding 360

PYMNTS

NOVEMBER 10, 2020

Canadian payments services firm Interac has announced it is partnering with Walmart Canada to expand debit card payment methods both in-store and online. He added that considering Walmart's “size, scope and scale in the domestic retail market,” the partnership accelerates the expansion for “in-app and in-browser payments in Canada.".

Retail 146

Retail Security Cards Online 146

PYMNTS

SEPTEMBER 29, 2020

Global chargeback volume, the study showed, will reach 615 million by 2021, largely coming from customers frustrated and disputing transactions, the release said. Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary.

Online 243

Online Guidelines Study Fraud 243

PYMNTS

JULY 5, 2018

In Germany, security matters. Much of North America remains anchored to major-brand credit cards. Though cards may dominate in the United States (76 percent of eCommerce purchases involve them, he said), the rest of the world more often uses other methods. In China, one must make sure to bring their top mobile game.

Retail 108

Retail Payments Cards United States 108

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. These plans fund retail purchases that consumers can then pay off over time in typically four installments. Read the full story in the Tracker.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

MAY 31, 2018

In a press release , the payment company said Hunt’s role will increase Mastercard security capabilities for its credit cardholders, customers, merchant and other stakeholders. According to Mastercard , cybercrime is forecasted to double over the next five years reaching $6 trillion by 2021.

Security 123

Security Fraud Industry Technology 123

PYMNTS

JANUARY 27, 2021

Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets. Looking Beyond Credit Cards. This financing option could appeal to even financially secure consumers who wish to avoid credit card interest rates.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

AUGUST 9, 2018

Unattended retail is on the move, with the American interactive kiosk market projected to grow by 7.2 percent annually through 2021. Self-service kiosks generated annual revenues of $218 million in 2016, and vending machines bring in $7 billion in sales each year, according to the PYMNTS Unattended Retail Tracker.

Retail 100

Retail Payments Technology System 100

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. Worldwide, eCommerce card payments generated $2.7 “The improving convenience and security of the eCommerce channel are key drivers of this growth.” In 2006, 6.7

Online 131

Online Cards Study Mobile 131

FICO

MAY 27, 2021

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. Grupo Monge , a large retailer in Central America, used analytic decisioning to improve the way it grants credit, especially to customers previously excluded from loans. Fraud & Security.

Analytics 52

Analytics Fraud Management America 52

PYMNTS

JANUARY 22, 2021

PYMNTS January 2021 Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company, notes, “Banks, government agencies and retailers have scrambled to adjust to consumers’ digital spending and payment shifts during the pandemic, but doing so swiftly has presented security challenges.

Fraud 130

Fraud Study Cards Security 130

FICO

NOVEMBER 11, 2020

FICO has announced its panel of independent judges for the 2021 FICO® Decisions Awards which honor clients achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Nominations are due December 4, 2020, and winners will be announced January 22, 2021.

Meeting 52

Meeting Analytics Big Data Management 52

PYMNTS

JANUARY 25, 2021

We’re here to help them do just that," he says in " A Look Forward: What Executives Wish for America and the World in 2021. So, it is my sincere hope that in 2021 small businesses are able to surmount the challenges of the pandemic and thrive. retailers incur $3.13 We’ve seen first-hand how local establishments have struggled.

Fraud 141

Fraud social media Online America 141

PYMNTS

JULY 13, 2020

Crypto exchange Kraken , for example, plans to double its legal team’s size by 2021. Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. They falsely claimed to have a Harvard-educated CEO backing them. And, the U.S.

Taxes 170

Taxes Bitcoin Capital cryptocurrency 170

MyBankTracker

DECEMBER 17, 2020

Credit Cards. Credit Card Best Feature. Platinum Card from American Express Multiple credits toward various travel and shopping expenses. Credit Card Best Feature. Credit Card Best Feature. Credit Card Best Feature. Credit Card Best Feature. Credit Card Best Feature. Credit Card Best Feature.

ATM 52

ATM Cards FDIC Online 52

PYMNTS

NOVEMBER 27, 2020

We’ve worked with a lot of retailers this year to help them build curbside when they had no curbside at all as well as to create touchless payments experiences. Laplanche noted a few more pieces of good vaccine news could start seeing a big pick-up in travel bookings for 2021 at the last minute. What Comes Next.

Retail 160

Retail Cards Course Online 160

PYMNTS

AUGUST 22, 2019

Mobile checkout is getting a boost from one of the largest retailers, further evidence of the technology’s continuous move deeper into the consumer mainstream. The new frictionless shopping experience is integrated into the 7Rewards loyalty program in the convenience retailer’s mobile app.

Mobile 128

Mobile New York City Retail Austin 128

PYMNTS

JUNE 8, 2020

Retailers have had to swiftly adapt to markets where online transactions have ballooned exponentially. Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. financial and payment services UK Finance.

Payments 150

Payments Regulation Retail Online 150

NCR

FEBRUARY 14, 2017

But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years. The post Why modernization is important in retail banking appeared first on Banking.com.

Retail 75

Retail ATM Innovation Security 75

South State Correspondent

JUNE 27, 2022

The bigger picture here that banks should consider is that the blockchain has the ability to bring together an array of bank products and make them more secure, more interoperable and more efficient than they ever could be under Web 2.0. that are driven by a specific payment channel such as a debit card, credit card, or ACH transfer.

blockchain 195

blockchain cryptocurrency Data Examples 195

MyBankTracker

DECEMBER 29, 2020

Charging everyday purchases to a credit card could be rewarding if you’re earning points on what you spend. The Citi Premier Card is designed for spenders who want to earn ThankYou points on groceries, dining, gas and everything in between. While the annual fee is low you may prefer a card with no annual fee at all.

Cards 52

Cards Capital Comparison Examples 52

CFPB Monitor

MAY 12, 2021

The Durbin Amendment (Section 1075 of Dodd-Frank) authorized the Fed to issue regulations to ensure that the amount of any interchange fee received by a large debit card issuer (one with at least $10 billion of assets, together with its affiliates) is reasonable and proportional to the cost incurred by the issuer. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

NOVEMBER 30, 2020

Most eWallets can only be funded with a debit card or credit card.

Payments 139

Payments Regulation Video Cards 139

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. The machine also has a 21-inch screen that allows consumers to interact.

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

AUGUST 14, 2020

For merchants and retailers, selling products and services online has shifted from a digitization feat to the bare minimum for satisfying customers. trillion by 2021. Getting Closer To The Consumer. Treasury is very well-positioned to handle all of these activities,” added Sinha. Meeting Corporate Buyer Demands.

Strategy 295

Strategy Online Payments Management 295

FICO

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards.

Trends 52

Trends Industry US Cards 52

Bobsguide

JUNE 3, 2022

Each of the new smart branches is equipped with intelligent technologies that allow customers to access all the bank’s services in self-service mode or to interact in specific areas with the bank’s consultants via video assistance in a secure way.

Video 78

Video Customer Experience Operations ATM 78