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Visa: US Contactless Payments Primed For A Big 2020

PYMNTS

11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S. Yesterday (Dec.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

Advanced AI means reducing chargebacks, saving inventory, maintaining brand loyalty and spending more time managing the lunch rush than worrying about fraud.”. As the Mobile Order-Ahead Tracker® states, “AI can be leveraged to analyze and tally credit card transactions similar to how banking transactions are examined.

Mobile 289
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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

An employee’s accidental use of her corporate card to pay for groceries isn’t a crime, but it does fall under the heading of “ friendly fraud ,” which creates friction for the accounting department. Weddings and events are another sector experimenting with card-based spend management efforts. Disrupting Paper-Based Systems.

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The US loves mobile banking – but not mobile payments (yet)

NCR

This is a message that US banks appear to be hearing loud and clear, at least according to the findings of a recent study by the Federal Reserve Bank of Boston. However, while consumers in the US have been keen to embrace mobile solutions to manage their finances, many have not yet made the transition to mobile payments.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

PYMNTS

Loading funds onto a prepaid card that opens the turnstile once scanned, swiped or inserted works terrifically well – until the customer forgets to check the balance on his transit pass, and finds himself locked out at the turnstile. What better to get top-of-wallet relevance than embedding a contactless chip in your card?”