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

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America Payments Fraud Case Study 100

PYMNTS

FEBRUARY 13, 2020

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” The truth is that we are just getting started with the electronification of payments in North America,” he said. At its investor day presentation Tuesday (Feb.

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Payments Regional America Cards 163

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. trillion globally, according to Shoihet.

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PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

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America Regulation Regional Tools 165

Celent Banking

APRIL 25, 2016

Digital is the new reality in Latin America. In Latin America the major milestones in Digital development we had seen were Nubank (Brazil – Market Cap $500M) and Bankaool (Mexico – ~$142M in assets), until March of 2016 when Banco Original (~$1,67Bn in assets) launched in Brazil.

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America Digital Banking Strategy Fintech 100

PYMNTS

SEPTEMBER 26, 2018

25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The study noted that there are some regional differences, as 77.8 percent of firms in the Asia Pacific region were fully PCI compliant, far outpacing the 46.4

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Payments Source

DECEMBER 9, 2019

The region is technologically advanced, but still has a large percentage of underbanked consumers, says PPRO's Javier Vallaure.

America 83

America Regional Cards Technology 83

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

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Fraud Cards Retail Security 131

PYMNTS

APRIL 13, 2018

The company said it had revenue growth in cards and retail banking across all regions in which it operates. Global consumer banking revenues were up 6 percent year over year, driven by growth in North America. The average of loans on cards stood at $159 billion, up from $152 billion. percent and 2.63 percent.

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PYMNTS

OCTOBER 20, 2020

But he said that since the region’s average monthly income is less than $400, “we knew if we wanted to go massive, we would have to go downscale.”. Despite low average incomes, Latin America offers a huge overall market size and growth potential. The spirit of the people in Latin America will prevail.”.

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Company America Kentucky Regional 184

PYMNTS

NOVEMBER 1, 2017

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. billion Mastercard and Maestro-branded cards worldwide. directly to their debit cards. Earnings per share came in at $1.34

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Retail Cards Security Branding 112

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Turning to the Americas — defined as the U.S., Cards are perhaps proving a sticking point in the move toward electronic payments.

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ATM Millennials United States Study 192

FICO

AUGUST 18, 2021

This post explores the credit card trends in the US, UK and Canada, reviewing regional differences and focussing on the impact of the pandemic. The low values in the US could be due to better initial targeting of customers, more appropriate initial limits and activation campaigns or a higher level of offers on the cards.

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Trends US Cards Regional 52

PYMNTS

JANUARY 14, 2019

Revenue from credit cards gained 1 percent, standing at $5.1 Drilling down into the consumer profile a bit, Citi said that in North America, total revenues from consumer banking in this region came to $5.2 billion, which was up 1 percent year on year, and where retail services , stripping out mortgage activity, was up 5 percent.

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Mobile America Branding Cards 108

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

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Online Company Retail Payments 98

PYMNTS

FEBRUARY 23, 2018

It’s a good week to be a grocery shopper in America – because, after all, who doesn’t like being pursued? The grocery business in America is a $650 billion industry. And like the prettiest girl at the dance, America’s grocery spend is the highly sought-after object of everyone’s affection. Sizzle Of the Week: Grocery Customers.

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Retail America Course United States 116

PYMNTS

OCTOBER 15, 2019

In Latin America, however, revenue decreased 16 percent to $1.4 Excluding the gain on sale in the prior period, revenues increased 3%, primarily driven by an increase in cards revenues and improved deposit spreads,” Citigroup said in a statement. Within that unit, North American revenue increased 4 percent year over year, reaching $5.4

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America Cards Regional Resources 109

PYMNTS

NOVEMBER 1, 2018

“Increased Allpoint and bank-branded transactions across many of our retailers drove 3 percent growth in our North America business, excluding the impact from 7-Eleven,” said Cardtronics CEO Edward H. According to a recent report, consumers there used their debit cards 13.2 Meanwhile, the U.K. now using them.

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ATM Cards Operations Regional 155

PYMNTS

MAY 30, 2019

HSBC Bank USA, a unit of HSBC Group, announced Thursday (May 30) the launch of Pepper, the humanoid robot it developed with SoftBank Robotics America, in Miami. In a press release , HSBC said Pepper is being deployed in a retail branch in Miami, marking the first time Pepper has been deployed in Florida.

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Miami New York City Florida Seattle 108

PYMNTS

SEPTEMBER 12, 2018

It has already made the service available in Brazil, Jamaica, Panama, Latin America and the Caribbean region. With the app, customers in Mexico can send money through the Western Union mobile app and choose from payment options that include card in-app or cash and pay at a retail location. “We

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Mobile United States Regional America 108

PYMNTS

JUNE 17, 2019

The tools were designed to provide customers with a transparent and clear mechanism to understand the progress of their transactions whether those transactions happen physically, via voice command, by a networked appliance or in an unattended retail context.

Branding 116

Branding Customer Experience Regional America 116

PYMNTS

JULY 21, 2017

Fraud varies country to country, region to region. Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well.

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Fraud United States Regional Cards 116

PYMNTS

JANUARY 17, 2017

You’re a retailer, beset by the twin problems of brick-and-mortar and fickle U.S. Picture 625 million wallets, ready to open for the right retail experience. Many of these retailers, he said, did not perform as well as might have been expected on Black Friday or even Cyber Monday. consumer spending. as well.”. “If

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Los Angeles San Francisco America Retail 100

CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Incumbents Play Catch-Up.

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Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 30, 2020

Visa has signed a deal to acquire YellowPepper, which works with upstarts in Latin America and the Caribbean. The “whose customer is it” question is now at the core of a number of the platform dynamics at play today and experiences that shoppers and retailers have with those platforms. Trackers And Reports . In the U.S.,

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Technology Apple Payments Capital 161

PYMNTS

JUNE 28, 2019

Facebook’s Libra cryptocurrency plans continued to dominate the week’s news, but Visa and Bank of America both made big news, and new PYMNTS research dug deep into the problems of HBO and Netflix subscriber churn and PSD2 challenges. BofA Debuts Digital Debit Card. Bank of America is launching a digital debit card.

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America Fintech Innovation cryptocurrency 100

PYMNTS

OCTOBER 11, 2019

The sector is growing, too: with Asia-Pacific, Europe and North America-based subscription companies experiencing more than 300 percent growth in subscription sales from 2012 to 2019. Customers may also not remember to update the service with the details of their reissued credit cards.

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Company Payments Cards America 100

PYMNTS

OCTOBER 23, 2018

Dig even deeper than that, and you’ll find that eCommerce is growing by 18 percent in Africa, 28 percent in Asia and 25 percent in Latin America. To capitalize on that aforementioned eCommerce growth in emerging markets and log sales in those regions, U.S. Global eCommerce is growing by 14 percent overall. Though the U.S.

Payments 164

Payments Regional Online America 164

PYMNTS

JUNE 2, 2017

Modern technology has given retail merchants a multitude of new tools to help run their businesses, but it’s also given them plenty of processes they need to juggle in order to find success. In the modern world, merchants can’t just have the best retail store, mobile app or eCommerce site – they need all three. Around the mPOS world.

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Report Mobile Retail Technology 119

PYMNTS

AUGUST 14, 2020

The final phase is in regards to the Asia Pacific region. The companies are casting a broader net of collaborators, with the announcement that their Business Payments Network (BPN) is growing to include support for ACH and wire transactions in addition to card payments. Fed Says America Needs Instant Payments As Soon As Possible.

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Oklahoma Google California United States 160

PYMNTS

MAY 9, 2017

Taken as a whole, that segment saw revenues of $971 million, which was up 3 percent on an adjusted basis, and North America contributed $751 million. A bit more granularity showed that Latin America had revenues of $59 million, up 52 percent in constant currency, marked by strength in Brazil and Argentina.

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PYMNTS

AUGUST 16, 2019

That changed on the 11th day of the month that year, when the first internet purchase in history was made by a Philadelphia resident with a Visa card. s two resident retail superpowers’ race for the consumer’s whole paycheck this week. s two resident retail superpowers’ race for the consumer’s whole paycheck this week.

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Retail Nashville Seattle Boston 108

PYMNTS

JULY 26, 2016

“We are committed to investing in Colombia, a strategic market that represents huge potential for our company given that the use of debit and credit cards still has relatively low penetration,” Gustavo Marín, executive vice president of First Data for Latin America, said in a statement.

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Puerto Rico Data United States America 100

NCR

APRIL 22, 2016

While mortgages, student loans and car loans make up the majority of the consumer debt pie, credit cards are an increasingly larger piece. According to the 2015 American Household Credit Card Debt Study , U.S. households carry an average of $15,762 in credit card debt, up 10 percent from 2014. Limit your card collection.

Cards 40

Cards New York National Study 40

PYMNTS

MAY 30, 2016

The figure was provided by researchers examining the trends away from cash as businesses and consumers increasingly use cards. Direct debit cards are used by 85 percent of U.K. 947 billion worth of corporate loans has been provided by Wells Fargo , a figure greater than loans financed by Bank of America or JPMorgan Chase.

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Analysis America Guidelines Lending 100

PYMNTS

NOVEMBER 30, 2016

We are quickly seeing this change in key growth markets like India where new operator Reliance Jio is aggressively trying to shake up the market by handing out free 4G SIM cards and launching own-branded low-cost 4G-enabled smartphones.”

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Regional Apple Mobile America 100

Tomorrow's Transactions

MARCH 16, 2016

American retailers have been lobbying the great and good to implement PIN for card transactions. PIN is the most secure authentication technology currently available, and retailers should have the option to require PIN on credit and debit card transactions—the same protection provided at ATMs. Well… not quite.

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Retail Cards Fraud US 30