PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Knowing which card pays which subscription, let alone canceling them, can be a pain point. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.

Management 181

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PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. Paul Davis was founded in 1966 and has become one of the largest post-disaster building restoration companies in North America. The firm is also deploying data analytics as well as fuel cards to improve its fleet management efforts.

Management 141

Management Technology Analytics Resources 141

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

PYMNTS

SEPTEMBER 11, 2019

Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. The launch makes daVinci, formerly Swift Prepaid, the first North American program manager with this offering. Peoples Trust of Canada is the product issuer. “At

Cards 147

Cards Payments Illinois National 147

PYMNTS

SEPTEMBER 27, 2017

Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring. The Wall Street Journal reported that the joint venture, which has operated in conjunction with First Data Corp. In 2013, Bank of America Merchant Services was the top U.S.

America 125

America Operations Meeting Strategy 125

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. More states require greater disclosure and control over what banks and card processors can charge.

Conference 195

Conference Payments Fraud Data 195

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

NOVEMBER 8, 2016

First Data saw a turnaround in its North American global business solutions (GBS) operations in the third quarter of 2016, notching the first positive results in several quarters, and that was fuel for a rally of as much as 12 percent intraday in the company’s stock price. GFS, said management, saw strength in Latin America.

America 171

America Data New York City New York 171

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. As far as innovation goes, “FinTech is the most developed,” Monteiro said.

America 109

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PYMNTS

NOVEMBER 8, 2017

Through an agreement with Citibank, corporate payments company WEX is now able to link government agencies to its fleet card solutions, according to an announcement made Tuesday (Nov. Bank, to have landed a contract to operate GSA SmartPay 3, a government payments program. Citibank is one of two banks, the other being U.S.

Cards 100

Cards America Operations Management 100

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

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. Operating locally can give a payments service provider a distinct advantage. WHY GOING LOCAL MAKES A DIFFERENCE.

America 100

America Payments Fraud Case Study 100

PYMNTS

DECEMBER 19, 2018

While quick-service restaurant (QSR) managers and customers might view the same menu, they might not always be on the same page when it comes to technology and innovation. The Index examined 400 QSR manager responses to find that the average restaurant score was 38.7 About The Restaurant Readiness Index.

Innovation 123

Innovation Management America Customer Experience 123

Payments Source

DECEMBER 3, 2020

promoted Linda Kirkpatrick to president of North American operations as incoming Chief Executive Officer Michael Miebach shuffles some of his top managers before taking the reins next month. Mastercard Inc.

America 92

America Operations Management Cards 92

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

PYMNTS

OCTOBER 28, 2016

WEX and ExxonMobil are apparently pleased with their current partnership to offer fleet payment cards. The deal sees WEX offering a commercial card program across the U.S. ” WEX offers fleet commercial card solutions to help fleet managers and their businesses manage spend. . percent to $146.2

Cards 100

Cards Regional Analytics America 100

PYMNTS

JULY 5, 2020

As details about the failed management of Wirecard AG unfold, it becomes clear that the company’s core business has been losing cash for years, the Financial Times reported. billion), activities under the company’s dsirect control had 74 million euros ($83 million) in operating losses, compared to losses of 3 million euros ($3.3

Payments 170

Payments Cards America Report 170

PYMNTS

JUNE 15, 2016

Nautilus Hyosung America (Hyosung) announced the availability of its new mobile application that’s designed to help merchants and ATM operators manage Hyosung ATMs directly from a mobile device. The MoniMobile app is aimed at revamping the full management capabilities of Hyosung ATMs.

ATM 100

ATM Management Mobile Video 100

PYMNTS

JULY 26, 2017

Credit card processor Total System Services reported results Tuesday after the markets closed that topped Wall Street expectations. Management noted in the press release that accompanied the second-quarter earnings report that growth was organic, with the $2.4-billion Sales came in at $1.2 billion, up from $1.1 billion, from $6.6

Cards 100

Cards America Compliance Operations 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. Six key elements are examined: business strategy, management and operations, growth and marketing, getting paid, making payments and protecting employees and customers.

Tools 262

Tools Cards Guidelines Online 262

CB Insights

OCTOBER 25, 2021

The round drew participation from Tiger Global Management, Greyhound Capital, QED Investors, Index Ventures, and Insight Partners, among others. Argentina-based Pomelo enables its clients to create virtual accounts and distribute credit and debit cards. Pomelo , a fintech-as-a-service platform provider, has raised $35M in a Series A.

America 59

America Fintech Capital Cards 59

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 also held executive leadership positions at Dell and was a partner at Bain & Company, the management consulting firm. percent and 35.1

US 124

US Cards Leadership ATM 124

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment. “In trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

South State Correspondent

JULY 12, 2023

While there are slight differences in operations, the only material difference is that The Clearing House supports transactions up to $1M, while FedNow currently goes to a $500k limit. Faster payment networks are one of the only payment networks outside of some of the card rails that allow for the tokenization of account numbers.

Payments 370

Payments Management Fraud Data 370

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. In July, Uber partnered with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico to promote banking in what is mostly a cash country.

United States 137

United States America Regional Innovation 137

PYMNTS

MAY 5, 2020

TokenAnalyst is shuttering its operations, according to a Medium post. David Olsson will serve as global managing director of European and Asian markets, while Wittney Rachlin will serve as chief growth officer. The TokenAnalyst team said it will no longer support the company’s application programming interfaces (APIs) and platform.

Bitcoin 167

Bitcoin blockchain Leadership Risk Management 167

PYMNTS

APRIL 12, 2019

Credit card transactions hit $18.3 There are also concerns about Wells’ management future, as CEO Tim Sloan departed the firm on March 28 after a 31-year tenure at the bank. JPMorgan Chase, on the other hand, is up 9 percent, while Bank of America is up 18 percent. Auto loans saw a massive year-on-year gain of 24 percent to $5.4

Cards 100

Cards Risk Management Maine America 100

PYMNTS

DECEMBER 9, 2019

has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. The company obtained a money service business (MSB) license in Canada, and it said the procurement of the license was its first step in expanding more deeply into North America. Paysend , a FinTech out of the U.K.,

Fintech 131

Fintech America Cards Mobile 131

PYMNTS

AUGUST 4, 2020

“We’re excited to extend our partnership with Stripe to offer our customers capital and real-time access to funds so they can take on more jobs and better operate their businesses.”. Jobber provides software for skilled tradespeople to manage their businesses, which have collectively served more than 10 million customers.

America 158

America Software Meeting Capital 158

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. EMEA, Asia and the Pacific and Latin America. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S.,

Report 247

Report Fraud Risk Management America 247

PYMNTS

MAY 1, 2020

Challenger banks targeting small businesses with a range of digital-native services became a bright spot in this week’s roundup, though logistics and expense management also landed on the board. It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding. and Mexico. and Mexico.

Capital 165

Capital Management Fintech Cards 165

PYMNTS

JUNE 22, 2020

Credit and debit card penetration in markets like Mexico is still low compared to the U.S. For example, so many of Mexico’s consumers who might be interested in purchasing their products may not have credit or debit cards to pay for their purchases. Global Reach, Local Payments Solutions.

Strategy 230

Strategy Payments America Examples 230

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

JANUARY 20, 2021

Ryan Frere, executive vice president and general manager of B2B for Flywire , believes that embedded finance in B2B is key to payments optimization in 2021. There is no need to fumble with cash or hand a payment card to the driver — it happens automatically. But that is changing — slowly but surely. Apple iTunes is another.

Payments 175

Payments Examples Software Management 175

PYMNTS

MARCH 13, 2018

Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. That center will be operational during the second quarter of this year. This is the second operations center in North America, coming on the heels of the 2016 opening of a Montreal, Canada location.

Omaha 130

Omaha Nebraska Payments Operations 130

PYMNTS

APRIL 15, 2019

Now, Mastercard said, it is providing mid- and large-sized operations with an easier way to understand and manage expenses. and Germany for business Mastercards that were issued by Bank of America Merrill Lynch, Barclays Bank, Citi, JPMorgan, Lloyds Bank, NatWest and Royal Bank of Scotland.

Data 177

Data Taxes Tools Analytics 177

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. The main reason is that China was not a card-based economy. Most COBOL programmers are in their 50’s and soon their numbers will disappear.

United States 316

United States System Mobile Maine 316