PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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PYMNTS

NOVEMBER 15, 2019

National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company announced in a press release on Friday (Nov. The new accounts have no monthly fee and offer ATM fee reimbursement of up to $15 a month.

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PYMNTS

AUGUST 14, 2018

According to the report, citing a senior bank official, the hackers used a malware attack to clone thousands of the bank’s debit cards over the course of two days. 12 via 25 ATMs that were located in Canada, Hong Kong and India. The fraud was carried out on Aug. 11 and Aug. The hack comes as the FBI in the U.S.

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PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . It found that just 2 percent of respondents offered payroll cards in 2014, but that this figure had risen to 28.5

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Cards Tools Survey Payments 197

PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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Digital Banking ATM Mobile Atlanta 256

PYMNTS

SEPTEMBER 28, 2016

Fiserv , a financial services provider, has announced a partnership with FCTI , an ATM network company, to provide processing for about 8,000 ATMs at 7-Eleven stores across the nation and will also custom fit its self-service tool so that FCTI can do self-terminal setups.

ATM 100

ATM Trends Customer Experience National 100

PYMNTS

DECEMBER 11, 2018

Mastercard is teaming up with mobile payments firm Obopay to introduce a prepaid card for corporates in India. 10) that Mastercard, Obopay and Federal Bank are collaborating on the prepaid card solution that enables corporate managers to gain greater control of their payments and expenses. Economic Times of India reported Monday (Dec.

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Cards Mobile ATM Analytics 151

PYMNTS

MAY 31, 2017

Debit cards, default cards, banks both bricks-and-mortar and digital. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs?

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PYMNTS

OCTOBER 20, 2016

million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. million cards, the majority are on the Visa or Mastercard platform — 2.65 As many as 3.25

Cards 100

Cards ATM Security National 100

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

AUGUST 7, 2020

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19 , but the nation of 1.3 To remedy the problem, the Reserve Bank of India supports an option for offline payments through cards, wallets and mobile devices. In July, the National Payments Corp.

Payments 267

Payments Guidelines National System 267

PYMNTS

AUGUST 4, 2016

That’s what First National Bank of South Africa is doing. According to a report, the banking branch will be fully equipped, which means customers will be able to access teller services, ATMs and will be able to deposit checks, open savings and checking accounts and even apply for loans. falls into that category.

National 100

National ATM Community Report 100

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. The debate involves virtual cards and their use by insurers to pay healthcare providers. But, much like the payroll card debate, the legal questions around virtual cards also focus on fees.

Cards 100

Cards Georgia Alabama New York 100

CFPB Monitor

MARCH 26, 2020

New York regulated banking institutions, for any individual who can demonstrate financial hardship as a result of the pandemic and subject to safety and soundness requirements, must eliminate fees for the use of ATMs owned or operated by the regulated banking institution, eliminate any overdraft fees, and eliminate any credit card late fees.

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Regulation ATM New York Cards 88

PYMNTS

JULY 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The suspects are accused of using counterfeit credit cards to buy luxury goods, and house searches of the accused resulted in the discovery of 3,000 fraudulent payment cards.

Fraud 100

Fraud Cards ATM Groups 100

NCR

JANUARY 8, 2018

Recently, there’s been a lot written in the UK press about the future of the ATM in the country. With reports that some ATMs in the nation’s widespread Link network of free-to-use ATMs may be under threat due to changes in the fees charged by the operator. ATMs’ place in the UK economy.

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ATM Payments Customer Experience Cards 75

PYMNTS

FEBRUARY 23, 2017

A board of appeals in New York state has revoked earlier regulations surrounding payroll cards developed by the New York State Labor Department after determining that the NYSDOL exceeded its rulemaking authority under the New York State Commissioner. Reports in the National Law Review Tuesday (Feb. ”

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Regulation Cards New York ATM 108

NCR

OCTOBER 6, 2017

Australia’s ‘big four’ banks – Commonwealth Bank, National Australia Bank, ANZ and Westpac – have provided some good news for the many consumers in the country who rely on ATMs to access cash and manage their money. The post Australian banks drop ATM fees appeared first on Banking.com.

ATM 51

ATM Maine Cards Groups 51

PYMNTS

AUGUST 3, 2018

Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. The bill would also restrict the frequency of these charges on check payments.

ATM 104

ATM Study System Lending 104

NCR

SEPTEMBER 8, 2017

Indeed, it has recently been predicted that, after a period of strong growth for the ATM industry in the nation, the importance of these devices will fall away sharply as consumer preferences change and digital payments become more common. ATM importance on the decline? But is this really the case? Cash remains king.

ATM 85

ATM Payments Industry Taxes 85

PYMNTS

JULY 8, 2020

That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. As a result, Anderson said, “a lot of people thought it was wise to go to the ATM and put a run on cash and have it on hand, just in case.”. Asia Pacific and Brazil, compared to pre-COVID volumes.

ATM 214

ATM Regional Mobile Payments 214

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. 29), has Penn National Gaming Inc.

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FluentBanking

JULY 31, 2020

As a part of its continuous product growth, it has introduced so many credit card products over the years. Super Value Titanium Credit Card" is one of its famous products. It is a mid-range card in terms of annual and other related service charges. You can get a higher cashback offer comparing to other cards in the market.

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Cards National ATM Operations 52

Banking Exchange

AUGUST 21, 2019

Community banks are facing tremendous competitive pressures from regional, national, and global banks Technology Feature3 Fintech Feature Financial Trends Community Banking Customers Core Systems Branch Technology/ATMs Outsourcing/Cloud Tech Management Mobile Online Cards Checks/Remote Deposit Capture.

Community Bank 102

Community Bank Community ATM Regional 102

PYMNTS

NOVEMBER 19, 2020

Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

ATM 201

ATM America Cards Payments 201

PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains. Around The World Of Smarter Payments.

Mobile 220

Mobile Payments Cards Retail 220

NCR

MAY 2, 2018

Steady growth in card payments has been one of the strongest trends in the global financial services industry in recent decades. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9 The number of ATMs globally continues to rise, with over 3.3

Cards 73

Cards ATM Payments Trends 73

PYMNTS

MAY 27, 2020

The technology company said the account is secure and offers rewards for those who save, with “higher interest relative to the national average of transactional accounts.”. Additionally, users can receive an in-network automated teller machine (ATM) reimbursement at over 55,000 U.S.

Samsung 132

Samsung Management Mobile Cards 132

PYMNTS

SEPTEMBER 7, 2016

Payroll cards have been hit with a new controversy. Filed last week, the suit accuses Dave & Buster’s of forcing employees to be paid via payroll card for their first and last month’s paychecks. He also pointed to increasing national awareness of these issues. Some of them even get a kickback,” said Egan.

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Cards Oregon Policies Pennsylvania 100

PYMNTS

MAY 20, 2020

We found that two in five merchants are currently using their personal bank accounts and cards for business, meaning they’re combining their personal and business finances, making it difficult to measure the financial health of the business,” Shopify said. There are no monthly fees or minimum balances.

Tools 253

Tools User Experience ATM Cards 253

PYMNTS

JULY 15, 2020

In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. They can also get in-network automated teller machine (ATM) reimbursement at more than 55,000 U.S. The virtual card will instantaneously show up in Samsung Pay at the time of approval.

Samsung 162

Samsung National Millennials ATM 162

ATM Marketplace

MARCH 23, 2017

ATM deployers to upgrade their ATM fleet to EMV has now passed, and Visa and the other card networks’ October 2017 deadline is looming. MasterCard’s October 2016 deadline for U.S.

National 48

National System ATM Cards 48

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.

Fraud 131

Fraud Cards Retail Security 131

NCR

JUNE 6, 2017

Cash use is on the decline in some markets, with industry body Payments UK predicting that debit cards will overtake cash as Britain’s most frequently used payment method by 2019, three years ahead of previously forecast. The post Joint ATM networks – a glimpse of the future? percent last year. percent last year.

ATM 51

ATM User Experience Operations Payments 51

PYMNTS

MAY 8, 2020

We’re most encouraged to see such widespread bipartisan support for the Payne bill,” said Bruce Renard, Executive Director of coalition member The National ATM Council, Inc. This law will establish sound and consistent guidelines to help preserve a nationwide option for consumers to pay with cash.”.

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Groups San Francisco NJ New Jersey 182

PYMNTS

DECEMBER 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . The requests are going to be handled by the National Payments Corporation of India (NPCI).

Guidelines 130

Guidelines Payments System National 130

PYMNTS

JULY 3, 2020

Financial institutions can keep customers safe by accurately determining when attempted transactions are legitimate versus when they are being made by fraudsters who have stolen customers’ cards or taken over accounts. You’re really wanting to start with almost a brand new transaction history.” .

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Fraud Cards Tools Florida 180