Bank Innovation

JUNE 21, 2016

As part of a broader digital-first strategy, Radius Bank partnered with Gradifi, a Boston-based startup, to launch a new MasterCard debit card that will help members reduce student loans. The new debit card will be available in the fall, the company said this morning. Here’s how it works: costumers will Read More.

Boston 256

Boston Cards Strategy Company 256

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . percent of cards in circulation at that time were capable of making such payments. percent of U.S.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

AUGUST 10, 2018

The winner will score a McGold Card that gives two free meals a week over a 50-year period, USA Today reported. The news also comes more than a year after a McDonald’s in Boston was to activate what it called a “customized digital Big Mac ATM.” According to the contest’s website , the prize is worth $52,350.

Online 105

Online Cards ATM Boston 105

American Banker

SEPTEMBER 18, 2023

Payments revenue growth is slowing from economic headwinds, lower-cost digital transactions and upstarts cutting into incumbents' profit margins, according to a Boston Consulting Group report. Here's what to expect.

Report 41

Report Boston Payments Cards 41

PYMNTS

DECEMBER 6, 2019

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice (DCPC) detailed the cash and non-cash payment behavior of U.S. made over half of their payments with cards (debit, credit and prepaid) at 54 percent or 23 payments.

Study 101

Study Report Cards San Francisco 101

PYMNTS

APRIL 15, 2016

New research published by the Harvard Kennedy School of Government’s Mossavar-Rahmani Center for Business and Government found that regulation is stifling access to credit cards and that the trend is bad news for small business owners. Credit cards are essential for small business financing ,” the researchers said in their announcement.

Cards 100

Cards Report Boston Regulation 100

PYMNTS

NOVEMBER 27, 2019

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Putting Fuel Cards on the Road. Putting Fuel Cards on the Road.

Tools 130

Tools Boston Massachusetts Cards 130

American Banker

AUGUST 13, 2020

The card account, which has about $3 billion in outstandings, has about a year to run with Capital One; Boston Fed chief says recent virus outbreaks threaten economic rebound.

Cards 41

Cards Boston Capital 41

PYMNTS

AUGUST 14, 2020

In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.

San Francisco 283

San Francisco Boston Policies Massachusetts 283

PYMNTS

NOVEMBER 23, 2020

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. To illustrate how AI adoption is playing out in the field, the November Mobile Order-Ahead Tracker® contains a deep dive on the efforts of the Colorado-based Boston Market chain.

Mobile 289

Mobile Boston Fraud Colorado 289

PYMNTS

MAY 10, 2018

If the longest journey begins with a simple step, might the streamlined journey begin with a simple tap of the card? Late April saw the debut of the HOLO card, used for Oahu Transit, a project in which the cards are to be used across the system’s busses and a rail system being built out over the next several years. How bustling?

Hawaii 100

Hawaii Cards Honolulu San Francisco 100

PYMNTS

NOVEMBER 26, 2019

Many card-based solutions have recently debuted, aimed at helping businesses to more easily track expenses, and gain insights into how company funds are spent in the field. The solution also allows managers to set limits on how much money can be spent with the cards, and cancel or freeze them at any time, if necessary. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

Perficient

NOVEMBER 30, 2022

Among its attendees were representatives from The Clearing House (TCH), The Federal Reserve Bank of Boston, and SWIFT, along with some of the largest financial institutions in the U.S. . These services are different from NACHA’s “Same Day ACH,” or Card Network solutions. Themes & Takeaways .

Fraud 275

Fraud Management Payments New York City 275

PYMNTS

JUNE 6, 2019

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Customers] recognize the reader [I use],” Kim said.

San Diego 137

San Diego Boston Cards New York 137

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

Payments Source

JANUARY 9, 2017

Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer-lending business.

Lending 60

Lending Cards Boston Massachusetts 60

PYMNTS

DECEMBER 18, 2020

Customers in Baltimore, Boston, Chicago, Dallas, Los Angeles, New York, Philadelphia, San Francisco, Seattle and Washington, D.C. Some curbside customers will also receive complimentary gifts like free unlimited coffee cards, holiday Nordy Bars, Sugarfina cubes and more, the company said. for a $20 fee.

Los Angeles 208

Los Angeles San Francisco Baltimore New York City 208

PYMNTS

NOVEMBER 4, 2016

PYMNTS recently caught up with Ben Morris, founder and chief pedicab officer at Coaster Pedicab, which owns and operates bicycle taxi companies in more than a dozen cities, including Boston, Chicago and Washington, D.C., We’re obviously moving into a world of plastic, certainly more than we’re using cash,” he said.

Cards 100

Cards Payments Industry Mobile 100

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177

Boston Security System Cards 177

PYMNTS

NOVEMBER 24, 2020

The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 The Toast platform facilitates and streamlines dine-in restaurants’ move to takeout and also enables easy gift card sales. billion valuation pre-pandemic in February.

Boston 231

Boston National Tools Cards 231

PYMNTS

JANUARY 15, 2021

Despite that, there have been early studies of such payment methods at the central bank’s Boston location, CoinDesk reported. The Chinese efforts have slowly begun to involve the central bank controlling and tracking digital fiat, with its own direct issuance and existing card networks working together.

Boston 168

Boston Bitcoin cryptocurrency Study 168

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. The report also highlights complaints from consumers in Massachusetts and the Boston metro area. On April 13, 2017, from 12:00 p.m. ” Click here for more information and a link to register.

Massachusetts 89

Massachusetts Cards Report West Virginia 89

Chris Skinner

JULY 23, 2017

Credit and debit card surcharges to be banned – BBC The worst offenders are airlines and food delivery apps, the government says. Credit and debit card surcharges to be banned – BBC The worst offenders are airlines and food delivery apps, the government says.

Boston 171

Boston Bitcoin Innovation Conference 171

PYMNTS

MARCH 22, 2019

From mobile ticketing to digitizing commuter cards and enabling contactless payments, Mastercard has already embedded its technology in 16 metro areas including Los Angeles, Boston and Denver to make getting from Point A to Point B as simple as buying a morning cup of coffee,” the company said. “At

Los Angeles 193

Los Angeles New York City Payments Denver 193

Payments Source

NOVEMBER 21, 2017

Boston’s Massachusetts Bay Transportation Authority has approved a $723 million overhaul of its fare system that would eliminate cash payments on buses and trains.

Boston 64

Boston Massachusetts Training System 64

PYMNTS

JANUARY 28, 2019

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.

Regulation 181

Regulation Boston Cards Innovation 181

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. The report also highlights complaints from consumers in Massachusetts and the Boston metro area. On April 13, 2017, from 12:00 p.m. ” Click here for more information and a link to register.

Massachusetts 74

Massachusetts Cards Report West Virginia 74

PYMNTS

JUNE 14, 2020

The decision to impose hold times followed a report that revealed that from mid-March until the end of April, credit card holders contested three times as many purchases as they did before the pandemic, according to Aite Group, a Boston-based financial services industry research company, as reported by WSJ.

San Francisco 221

San Francisco Boston Washington Software 221

PYMNTS

NOVEMBER 26, 2018

Cubic said that some of the contactless technology , software and equipment developed for Sydney will be in Cubic projects that will be rolled out over the course of the next few years in cities such as New York, Boston, and San Francisco. That is being made possible by recent contract wins by the company.

Training 182

Training System San Francisco Payments 182

PYMNTS

SEPTEMBER 14, 2020

USA Today reported the “Uber Eats Contactless Order Feature” allows users to pay the tab with the app while at a restaurant to eliminate the use of bill holders, credit cards and pens. The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C.

San Francisco 190

San Francisco Indianapolis New York City Vermont 190

PYMNTS

NOVEMBER 11, 2019

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. The OrderUp acquisition from Groupon ended on similar terms, with Groupon customers gaining coupon codes and gift cards to certain Grubhub-participating restaurants.

Baltimore 138

Baltimore Boston Chicago Mobile 138

PYMNTS

JUNE 25, 2020

The Boston-based FinTech said its education payments platform will now give students the ability to change payment methods from month to month, or to seek a lower payment or a temporary break, depending on their circumstances.

Payments 162

Payments United States Boston Study 162

PYMNTS

DECEMBER 12, 2019

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. sometimes D.C.,

New York 167

New York US Payments Training 167

PYMNTS

JANUARY 30, 2020

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.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

MAY 1, 2018

Mastercard Introduces Remote Biometric Card Enrollment. As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles. Regulators in the U.S.

Regulation 101

Regulation Boston Bitcoin cryptocurrency 101

PYMNTS

FEBRUARY 4, 2017

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). And then there’s Tom Brady. Visa And The Future Of Venue Payments.

Boston 100

Boston San Francisco Houston Georgia 100