PYMNTS

NOVEMBER 4, 2019

Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. And Capital One is back online after a major outage. Goldman Extends $10B In Apple Card Credit In First Month. Apple Card? Capital One saw an outage on Friday (Nov.

Apple 116

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PYMNTS

SEPTEMBER 7, 2020

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

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PYMNTS

AUGUST 13, 2020

When Apple releases its latest iteration of the iPhone this fall, it seems that the company will also be announcing the latest evolution in its rapidly expanding Services ecosystem. 13), Bloomberg quoted unnamed Apple sources as saying that the tech firm will be rolling out new subscription bundles for digital services.

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PYMNTS

JUNE 26, 2019

Apple has bought autonomous car startup Drive.ai, according to a report by CNBC. The purchase price isn’t known, but Axios is reporting that Apple probably paid less than the $77 million Drive.ai raised in venture capital. raised in venture capital. Apple called the cuts restructuring at the time.

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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. For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY).

US 150

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PYMNTS

SEPTEMBER 30, 2020

Long before the pandemic, consumers were trending toward digital in their financial services relationships — experimenting with mobile wallets, digital cards, self-service mobile banking and digital gifting. The folks that have formalized a digital strategy and have been executing on it were much more able to capitalize on these trends.”.

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PYMNTS

OCTOBER 25, 2018

Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. A tech media outlet , citing comments Apple made on its local Thailand website, reported that the store will be part of the upcoming Iconsiam mall, which will be the largest in Bangkok.

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Accenture

MAY 30, 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. Chase, Capital One and Synchrony continue to lead issuers with purchase volume growth of over 8 percent YoY?. Notable happenings.

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Cards US Taxes Apple 158

PYMNTS

JULY 14, 2020

stores for Google Pay and Apple Pay users. Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards,” Molnar told PYMNTS at the time. Afterpay Ltd. , Terms of the deals were not disclosed. Today, this trend is repeating itself.”.

Google 151

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PYMNTS

APRIL 23, 2019

Now, when you like your credit card rewards … you can really “like” them. The Wall Street Journal reported on Tuesday morning (April 23) that at least a few credit card giants – Capital One Financial Corp. As estimated by Mintel Comperemedia’s data analysis (the data is from Pathmatics), Capital One spent $18.6

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PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P.

Mobile 211

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PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Expensify Links Cards To Booking. Emirates Islamic Launches Cards For SMBs.

Cards 169

Cards Management Tools Report 169

PYMNTS

APRIL 9, 2018

Apple’s New Chip Groove. Last week’s reports suggest that Apple will soon wave goodbye to its long-term chipmaker, Intel, in favor of making its own chips for Mac computers. The goal is to bring all Apple products into alignment in an attempt to make them work more smoothly, similarly and seamlessly in tandem.

Apple 140

Apple Cards Lending Report 140

PYMNTS

JUNE 10, 2019

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. There were plenty of introductions last week.

Apple 122

Apple Data social media Policies 122

PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

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PYMNTS

APRIL 10, 2019

FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. Extend , which was founded in 2017 by American Express and Capital One veterans, provides the technology so companies can provide virtual credit cards to employees and contractors instantly.

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PYMNTS

OCTOBER 5, 2017

Fall is supposed to be the best season for apples. However, the pickin’s look a little slim from Apple this week. Reception of the iPhone 8 has been underwhelming, with Huawei’s projected sales actually surpassing Apple’s in China for the first time. Apple is reportedly testing Apple Pay Cash internally.

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PYMNTS

MAY 31, 2017

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S.

Mobile 113

Mobile Cards Payments Samsung 113

Bank Innovation

AUGUST 22, 2018

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

Samsung 186

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PYMNTS

JANUARY 29, 2020

Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud.

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Bank Innovation

JANUARY 31, 2019

Apple envisions an Apple Pay beyond its current role at the point of sale and P2P. If you see […].

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PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Apple Updates Wallet App to Reflect iPhone Financing for Apple Card Users.

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PYMNTS

FEBRUARY 25, 2019

That reality was on display in payments and commerce this week as Apple attempted a reset in its leadership team, Etsy had to calm a legion of underpaid sellers and Lyft managed to pull out and toward the IPO finish line early in the race in 2019. Apple New Leadership Groove.

Apple 122

Apple Data Leadership Report 122

PYMNTS

JUNE 12, 2017

The news cycle — which was a somewhat chaotic place last week, with a never-ending series of hearings on Capital Hill followed by an somehow even more endless parade of spin doctors and experts on what it all means — felt a bit stuck in neutral. Apple Opens Up NFC (Maybe, A Little) . Apple will be expanding Apple Pay’s capacity.

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Bank Innovation

NOVEMBER 21, 2019

Following a recent backlash resulting from allegedly discriminatory underwriting methods for the Apple Card, lenders’ moves are facing scrutiny from regulators. In light of the increased oversight, however, industry practitioners emphasize the role of AI as a catalyst for a more inclusive process.

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Independent Banker

AUGUST 31, 2022

PayPal was the first company to offer this service, but with the explosion of social media, Facebook, Zelle, Square Cash App, Venmo, Apple Pay, Google Wallet and Twitter all support the feature today,” sums up ICBA Bancard president and CEO Tina Giorgio. Security is all.

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PYMNTS

JUNE 22, 2016

The list of banks and credit unions issuing cards that will work with the Apple Pay mobile wallet has once again grown. Another 44 banks and credit unions in the United States are now officially attending the Apple Pay party. It has been an active week for Apple Pay. Comenity Capital Bank. Acadia Federal Credit.

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PYMNTS

AUGUST 6, 2018

It started with an announcement that a California Kroger subsidiary — Foods Co — would stop accepting Visa credit cards (but not debit cards) at 21 of its grocery stores and five of its gas stations, effective Aug. Visa is disappointed at Kroger’s decision to stop accepting Visa credit cards at its Foods Co stores.

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Apple Samsung Cards Marketing 100

PYMNTS

FEBRUARY 2, 2017

Take Apple and Square, for example. Not hard to understand that — Square pretty much set off the great mPos wave with its easy plug-in dongle that turned any iPhone or iPad into a credit card reading machine. As 2014 became 2015 and 2015 became 2016, Square and Apple were, once again, the SMB payments “it” combo package.

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PYMNTS

NOVEMBER 23, 2020

Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments. It appears that PayPal and Cash App have bought almost 100 percent of all newly-issued bitcoins, according to an analysis from Pantera Capital. Especially Apple. Plus, PayPal and Square are on a crypto buying spree. billion for the first half of 2020.

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PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Cards 245

Cards Apple Google Technology 245

PYMNTS

FEBRUARY 3, 2020

In March of 2019, Goldman and Apple joined forces to form a co-branded credit card, the Apple Card. The deal gives Goldman direct access to Apple’s more than 100 million U.S. Executives at Goldman have pointed to the Apple Card as the “most successful credit card launch ever.” subscribers.

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PYMNTS

NOVEMBER 19, 2020

Google is looking to capitalize on some momentum around mobile wallets. As reported by India Retailing last month, “mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India.” Apple Pay and Google Pay, of course, stand to be outsized beneficiaries of the shift to digital wallet adoption.

Google 254

Google Mobile Apple Survey 254

PYMNTS

OCTOBER 30, 2020

Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I Apple Services Revenue Jumps, Subscription Bundles Debut. COVID-19 may be enough to dash those aspirations.

Technology 161

Technology Apple Payments Capital 161

Gonzobanker

SEPTEMBER 15, 2014

Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay as part of this week’s release of the iPhone 6. Apple shrewdly coopted its greatest weakness as an inexperienced new entrant. Where does it go from here? No one really knows.

Apple 102

Apple Cards Mobile Community Bank 102

PYMNTS

DECEMBER 7, 2020

Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. and EEA card payment acceptance at no additional charge. Apple’s NFC Practices Draw Scrutiny from Dutch Regulators.

Payments 131

Payments Apple Video New York 131

PYMNTS

MAY 21, 2018

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. Credit Card’s Profit Squeeze. Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have seen their profitability dip of late. People are going to go, ‘Hmm how did they pull it off?’”

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