PYMNTS

FEBRUARY 2, 2018

bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports. Bank of America (BofA) officially announced it “will begin declining credit card transactions with known cryptocurrency exchanges” today through a memo distributed to employees on Thursday (Feb.

America 113

America Cards cryptocurrency Bitcoin 113

PYMNTS

JANUARY 20, 2021

In the intense tug of war in which brands engage for the love and loyalty of consumers, matters get rather more serious when discussing the austere nature of the banking hierarchy. 2, Bank of America Mobile Banking still at No. 6 in the latest Provider Ranking of Credit Card Apps , pushing popular Credit One Bank Mobile to No.

Cards 191

Cards Mobile Branding America 191

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. .

Retail 230

Retail Cards Payments New York 230

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. It was also the first platform to introduce a cashback service for online shopping and recently added support for Swipe’s cryptocurrency Visa cards. has seen slow adoption compared to other regions.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

JUNE 17, 2019

Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is completed.

Branding 116

Branding Customer Experience Regional America 116

PYMNTS

SEPTEMBER 13, 2018

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. Support for a range of mobile wallets adds to Bank of America’s existing mobile corporate payment service capabilities, the FI noted. Last year, U.S.

Mobile 141

Mobile Cards Samsung America 141

Bank Innovation

AUGUST 22, 2018

JPMorgan Chase announced that it was rolling over customers with a Chase Premier Platinum checking account to its better-known consumer brand, Chase Sapphire.

Branding 186

Branding ATM Cards America 186

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Despite ongoing rewards competition, card profitability remains strong. Key themes. Notable happenings. New partnerships.

US 150

US Cards Capital Apple 150

PYMNTS

JULY 8, 2019

In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. FLEETCOR serves businesses, partners and merchants in North America, Asia Pacific, Europe and Latin America.

Cards 139

Cards America Leadership Resources 139

PYMNTS

JANUARY 31, 2017

The number of Mastercard cards increased 6 percent in the Americas in 2015, which compares to a 4 percent increase for Visa, but Visa still holds the spot as the largest card scheme in the region, reported RBR. According to RBR’s Global Payment Cards Data and Forecasts to 2021 study, Visa had 43 percent of the 2.9

America 100

America Cards Maine Regional 100

PYMNTS

AUGUST 26, 2019

To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. Founder Matt Mullenax was inspired to start the brand after cutting his teeth in the DTC world as an early employee at Bonobos.

Branding 163

Branding Minneapolis social media Company 163

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Coupa Connects With American Express For B2B Virtual Card Payments.

Cards 130

Cards Innovation Management Fraud 130

PYMNTS

JANUARY 23, 2017

Cash usage in the Americas is at an inflection point. And while that’s a sign of positive growth, proliferation of new payment products is chipping away at the growth, according to the brand new Global Cash Index™ Americas Analysis. Total cash use in the Americas is expected to grow by 2.56 trillion in 2015.

America 100

America Report Analysis Policies 100

Payments Source

JANUARY 12, 2018

Signature authorization in North America will largely cease to exist in April. If it wasn't before, it's official now.

America 80

America Branding Cards 80

PYMNTS

AUGUST 9, 2018

America, it has often been said, is a car culture. People have been pulling up to a pump and using a card for a long time,” McCrary told Webster. “It Brands are improving their food services, renovating bathrooms, expanding their shop offerings and expanding their mobile payment options. It is a very hardwired behavior.

Branding 100

Branding Mobile Data Study 100

PYMNTS

JULY 15, 2019

And in terms of cards, the company said that revenues from that segment were up 4 percent year over year to $4.9 Citi-branded card spending was up 2 percent in North America. North America represented the largest regional contributor, at $8.6 North America represented the largest regional contributor, at $8.6

Cards 100

Cards America Regional Operations 100

PYMNTS

MAY 9, 2017

Credit, debit and prepaid cards issued in the U.S. That’s according to the Nilson Report, which said in a press release Monday (May 8) that credit, debit and prepaid cards’ purchase volume in the U.S. The Nilson Report said it marked the fifth year in a row in which credit cards gained market share. percent, up from 45.84

Cards 101

Cards America Report Branding 101

PYMNTS

DECEMBER 8, 2020

Blackhawk Network , a global branded payments provider, has rolled out its Giving Good Prepaid Mastercard with a release that encompasses five choices that benefit charitable organizations, according to a Tuesday (Dec. The cards will be accepted in brick-and-mortar locations and through eCommerce at over 90 U.S. 8) announcement.

United States 232

United States Cards California Branding 232

PYMNTS

JANUARY 15, 2018

Visa announced late last week that merchants can now tap into its suite of sensory branding via a pilot program. point-of-sale terminal manufacturers – such as Equinox Payments, Ingenico Group, Poynt and Verifone – to pilot sensory branding with merchant partners in the coming year.

Cards 138

Cards Branding America Study 138

PYMNTS

NOVEMBER 2, 2017

Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “We believe that the Monaco card program lays solid foundation for Monaco’s growth, and we’re grateful to all partners for their support. With perfect interbank exchange rates, and 0.75

cryptocurrency 136

cryptocurrency Cards Bitcoin America 136

PYMNTS

NOVEMBER 6, 2019

Commercial card startup Brex is collaborating with BNP Paribas subsidiary Bank of the West. 6) that startup clients of Bank of the West will gain access to a co-branded commercial credit card. In addition to the card, startups can gain access to Brex’s expense management and rewards offerings, and automatic receipt data capture.

Cards 100

Cards Capital Resources America 100

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. .

America 101

America Lending Cards San Francisco 101

PYMNTS

OCTOBER 17, 2017

Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. According to a news report in Reuters , credit card data from the likes of JPMorgan and Discover Financial Services on Monday (Oct. Meanwhile, Discover saw credit card delinquencies increase by 1.64 percent from August.

Cards 109

Cards America Data Lending 109

PYMNTS

OCTOBER 18, 2018

17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure. The company is also working with issuers, including Citi and Fifth Third Bank, to convert cards on file into tokens.

Cards 150

Cards Security Online Branding 150

PYMNTS

APRIL 13, 2020

This week, Wells Fargo , JPMorgan Chase , Citigroup , Bank of America and Goldman Sachs will report results for the March quarter and are likely to show volatility, to put it mildly, rocked by the impacts of the coronavirus, which spread like wildfire through the world beginning in January. The pressures will come across all fronts.

America 312

America Cards Mobile Report 312

The Financial Brand

APRIL 19, 2024

This article Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’ appeared first on The Financial Brand. Credit card lending boosts big banks' loan growth as consumer spending normalizes post-pandemic.

Cards 32

Cards Branding Lending America 32

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Another key factor is that over 60 percent of eCommerce in Latin America is done via installments. “If

America 100

America Payments Fraud Case Study 100

The Paypers

JANUARY 21, 2022

US-based co-brand card issuer Chase and Instacart , an online grocery and delivery platform in North America have announced the launch of Instacart’s first credit card, alongside Mastercard.

Cards 45

Cards America Branding US 45

PYMNTS

JANUARY 15, 2021

In other critical figures, card spending continued to fall. Citi-branded card revenue came in at $2.1 Citi-branded card revenue came in at $2.1 In North America the picture was a bit brighter; revenues were down by 11 percent to $4.7 billion worldwide. Mexico, he said, has seen tremendous growth.

Digital Banking 160

Digital Banking Cards Mobile Retail 160

PYMNTS

JULY 1, 2016

market after the company entered an agreement to buy Citi Prepaid Card Services. It falls second in size to WorldPay in Europe, and has a presence in Southeast Asia, the Middle East and Latin America. Wirecard is about to enter the U.S. The deal between Wirecard and Citi will close as early as Q2 if the regulatory details are approved.

Cards 101

Cards America Analytics Software 101

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

JANUARY 19, 2017

As has been discussed by peers, regionally speaking for the consumer business, Asia and Latin America proved strong points. Cumulatively, he said, there have been 1 million new Costco card accounts and $52 billion in purchase sales.

Cards 100

Cards Conference Branding Regional 100

PYMNTS

OCTOBER 1, 2020

A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital. Last week, Mastercard expanded its Digital-First Card Program to access card data in a speedy, secure manner.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

OCTOBER 14, 2016

The cost structure has been weighted down by Citi’s taking on of the Costco co-branded credit card portfolio. Aside from those pressures, the firm noted some sanguine trends in its credit card business, as the revenues were up 15 percent year over year to $2.2 This was the first full quarter to feature Costco results.

Cards 100

Cards America Trends Branding 100

PYMNTS

FEBRUARY 12, 2020

Chevron updated its branded mobile applications to offer consumers access to Venmo to pay for fuel and car washes at the pump from their mobile devices,” said Bill Miner, Chevron’s general manager of Americas Marketing Sales & Services. The rewards were announced for the payment company’s Mastercard debit card at certain retailers.

Branding 147

Branding Mobile Cards Retail 147

PYMNTS

JANUARY 14, 2021

13) between Walgreens , Mastercard and Synchrony is more than a standard co-brand deal. Via Mastercard’s relationship with Synchrony, it will work with Walgreens to launch new credit card products, as well as a pre-paid debit card. But that’s where the standard co-brand partnership ends.

Payments 174

Payments Branding Analytics Data 174

PYMNTS

APRIL 12, 2018

Fiserv, a global provider of financial services technology solutions, announced Wednesday (April 11) it has named Kim Crawford Goodman president of card services. Goodman brings to Fiserv more than 25 years of experience in the payments market, software and business innovation, and consulting.

US 124

US Cards Leadership ATM 124