PYMNTS

AUGUST 30, 2018

Commercial card adoption can face an array of barriers, and one of the largest is a lack of supplier acceptance due to interchange fee costs. In fact, virtual cards’ adoption in business travel has steadily climbed, thanks to the payment technology’s security and travel managers’ ability to set controls on employee spend.

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PYMNTS

FEBRUARY 16, 2017

Online business travel booking and expense management company Serko is entering the “world of virtual card payments,” the company said this week, announcing a partnership with virtual card company Conferma. “Integration with Serko is key to getting mass adoption.”

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PYMNTS

MAY 4, 2018

FLEETCOR Technologies , a provider of commercial payment services, reported a data breach as the company announced on Thursday (May 3) a 17 percent year-over-year revenue increase for the first quarter of 2018, beating analyst expectations. The payment services firm booked net income of $174.9

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PYMNTS

AUGUST 1, 2019

Stitch Fix Kids , for example, sends out a selection of kids’ clothing each month, while GiftLit focuses on curated children’s books. Such boxes represent a small segment of the broader subscription market, but they face the same challenges, including fraud attempts like card-and-wallet tests and account takeovers (ATOs).

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PYMNTS

MARCH 6, 2019

The company claims that it doubled in size last year and has secured contracts to double in size again this year to arrive at 12 locations. And, for security, the suites come with solid woodgrain doors with deadbolt locks. It’s seamless,” Solomon said, noting he thinks that will eventually become the dominant way travelers book suites.

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PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Merchants Need To Rethink Booking.

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PYMNTS

SEPTEMBER 2, 2020

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. Nuvei Corp.

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PYMNTS

DECEMBER 12, 2019

The travel industry is a highly fragmented, complex web of suppliers, distributors, tourism companies and online travel agents (OTAs), all hustling to keep pace with the changes occurring in how travelers — both for pleasure and business — plan, book and pay for their trips. One of the largest disruptors in this area is the virtual card.

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Payments Cards Industry Marketing 136

PYMNTS

JULY 16, 2019

A security lapse at a hotel management startup has exposed hotel bookings and guests’ personal information. Aavgo , a hospitality tech company based in San Francisco, secured a server it had left online without a password after TechCrunch reached out to the firm. million bookings a year.

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PYMNTS

DECEMBER 13, 2018

Commercial card startup Brex, which recently secured funding that propelled it into unicorn status, is augmenting its platform with the introduction of corporate travel booking capabilities. ” “Startups have a disadvantage when booking corporate travel,” added TravelBank CEO Duke Chung in another statement.

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PYMNTS

AUGUST 5, 2020

In the last decade, automation technology has closed the gap between booking a business trip and filing an expense report for reimbursement, significantly easing friction for both employees and finance teams. Driving Real-Time Data Through Cards. And, he said, the credit card is a valuable payment tool to achieve that insight.

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PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Virtual cards, the report noted, can do the same.

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PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. We don't take that lightly.

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PYMNTS

MARCH 5, 2019

The executive said that among the most important factors in both sides of the relationship – that is, travelers and home owners – are “trust, protection and reliability,” noting that “every traveler should trust that their payment is secure, and every homeowner should feel confident that they receive payments on time.”.

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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.

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PYMNTS

NOVEMBER 11, 2020

The flow simplifies virtual card delivery, putting payment information and billing instruction straight into the booking system of a property. With Conferma Pay Connect, payment is securely delivered to a hotel’s existing computer system, excluding the need for email and outdated fax technology.

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PYMNTS

SEPTEMBER 15, 2020

Trust is essential for consumers booking a stay at an Airbnb or a Lyft to the airport. They must reassure customers they are safe from viral contagion in sharing economy spaces while ensuring their personal data is secure from rising incidents of fraud. They want peace of mind knowing their service providers are who they say they are.

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PYMNTS

DECEMBER 28, 2016

Payments 2016: The Year Of EMV-Enabled Cards. At the transaction level, consumers began to feel like they were more protected from fraud with the introduction of the EMV chip card. Throughout 2016, financial institutions continued to roll out new EMV-enabled cards to their consumers. Worst of Times.

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PYMNTS

JANUARY 13, 2021

The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. percent had falsely claimed a charge on their credit card was fraudulent to score a refund. Experts predicted that up to $190 billion would be spent online this year, a 35.8

Fraud 189

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PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. Banking as a service makes it far easier for [entities] from startups to multinational corporations to access and create simple, fast, secure and transparent full-fledged financial products,” Athavale said.

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PYMNTS

FEBRUARY 19, 2020

In they went, stealing details of 30 million cards before the malware was discovered in December of 2019. card number. Fraud decisioning platforms have been perfecting technologies including adaptive ingestion, automated data governance, hybrid data management and pre-defined ontologies. The Omnichannel Defense. Sealing It.

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PYMNTS

SEPTEMBER 17, 2020

Consumers who rent an Airbnb , book a pet care provider with Rover or request an Uber need to be sure that the service providers on the other end are who they say they are and will provide what the user is paying for. Seamless, Secure Onboarding . adults using sharing services feel insecure when it comes to these services.

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PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. Quevos recently secured an approximately $400,000 investment on the ABC TV reality show “ Shark Tank ” from the inventor of Kind Bars, Daniel Lubetzky.

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PYMNTS

JANUARY 8, 2020

Indeed, one growing travel fraud trend, according to Xie, involves fraudsters gaining hold of consumers’ payment card data — perhaps via one of those fake travel sites — and then cashing out those cards. But it’s not just so-called cash-out attacks that present threats. . Broader Costs.

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PYMNTS

SEPTEMBER 17, 2018

Online travel booking platforms, which promise to provide travelers with a simpler way to book and pay for reservations, aren’t immune to these pain points. Going forward, HomeAway plans to explore emerging payment technologies, including cryptocurrencies. Building An Intuitive And Secure Experience.

Data 122

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PYMNTS

DECEMBER 18, 2018

That means it’s up to healthcare providers to make sure the users logging in to book appointments or change their health details really are who they claim to be, while speeding the process as quickly as possible. The dilemma is mainly one of speed, as consumers are still unwilling to sacrifice convenience for security.

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PYMNTS

DECEMBER 26, 2018

Patent and Trademark Office, which describe the use of blockchain technology to enable high-volume B2B transactions and enable digital signatures on individual payments. will drive finance departments to find ways to process and accept payments via means other than traditional card processors with high fees.

blockchain 200

blockchain Payments Industry Technology 200

PYMNTS

JUNE 23, 2020

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound. Verizon Debuts Visa Credit Card With Rewards.

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BankBazaar

AUGUST 28, 2019

If you’re looking for a card that’s loaded with rewards, your search ends here! Say hello to the HDFC Bank Freedom Credit Card! We’re happy to announce the launch of the HDFC Bank Freedom Credit Card. The Freedom Credit Card by HDFC Bank is a rewards credit card that comes with a wide range of benefits and features.

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BankBazaar

APRIL 20, 2021

Contactless payments method allows you to make a transaction, using a Debit Card , Credit Card or smart card, through the use of radio-frequency identification (RFID) or near-field communication (NFC) technologies. Security is one of the main concerns regarding this payment method. How does this work?

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PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S.

Retail 100

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PYMNTS

MAY 1, 2019

To book one of the company’s apart-hotel units, travelers can use a few different channels. They can book through Airbnb , and most of the company’s units are Airbnb Plus. Locale also allows travelers to book directly through its website or via phone. For payments, Locale accepts credit cards (and does not take cash).

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PYMNTS

NOVEMBER 12, 2019

Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. Fold allows its users to buy gift cards for bitcoin with 3 percent cashback, currently offering $25 or $100 gift cards on its website. And the U.S.

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PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

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PYMNTS

MARCH 18, 2019

In addition, an extra layer of security is provided by tokenization technology, which makes a barrier between stored payment data and the actual transaction. Through an “Event” section on its website and app, organizers can make their events published and users can book tickets.

Apple 122

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PYMNTS

AUGUST 18, 2016

According to the press release, the updated testing and approval includes: Digital and analog testing for the electrical, mechanical and communication protocol characteristics of the mobile device as defined within the EMV Contactless Communication Protocol Specification — Book D, version 2.5.

Mobile 100

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PYMNTS

JANUARY 24, 2020

In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. AvidXchange.

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