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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Brand Differentiation Step 1: Build an Employee-Centric Culture. Nubank is an example of what happens when you invest in your products in order to differentiate your brand.

Branding 221
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Visa, Digital Wallet LINE Debut Credit Card

PYMNTS

LINE Pay Corporation, operator of the popular payment app LINE Pay , announced that it is launching a LINE Pay co-brand credit card with Visa in Japan. The LINE Pay-Visa credit card is set to be released later this year, allowing consumers to make payments at merchants accepting Visa throughout Japan and around the world.

Cards 142
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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

PYMNTS

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

Tools 276
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Mastercard Invests In Asia’s Pine Labs For Electronic Payment Options

PYMNTS

The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. It’s operational in the Middle East, Southeast Asia and India. billion by 2025. Pine Labs end-to-end value solutions will also be included, which the company said will replace paper ones.

Payments 152
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Is The US On The Verge Of A Contactless Surge?

PYMNTS

don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. percent between 2018 and 2025. Card issuers have been slow to release contactless cards due to limited acceptance at the point of sale. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year.

US 140
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

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Should QSRs Be Scared Of ‘Ghost’ Restaurants?

PYMNTS

The latest PYMNTS Order to Eat Tracker highlights how several major brands are embracing (or resisting) third-party delivery services, new models and new ordering solutions in an effort to win over customers. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.