PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers. for $4 billion.

Google 129

Google Mobile Data Capital 129

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. 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. Inside The Playbook. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

PYMNTS

MARCH 19, 2018

After all, Boston managed to have a St. According to John Hecht, consumer finance analyst at the investment bank Jefferies, retailers “have become really aggressive at pushing back” and looking for better rates from the card networks. Sometimes, the unexpected is good. Will Walmart Flip Big Into Flipkart? After the U.S.

Data 108

Data Cards Online Retail 108

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. Online U.S. By Elizabeth Judd.

Fraud 160

Fraud Strategy Community Bank New York City 160

Gonzobanker

SEPTEMBER 28, 2017

Banks and credit unions that have lost the ability to differentiate with their own data centers can regain control with a strategic approach to outsourcing. . Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Cards are a perfect example.

Data 63

Data How To San Jose San Francisco 63

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. in 2016, the most recent data available. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks.

Retail 131

Retail Payments Apple Online 131

PYMNTS

NOVEMBER 15, 2019

Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. Amazon To Build $40M Robotics Innovation Hub Near Boston. Google Dives Into DDAs. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

CB Insights

AUGUST 2, 2018

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. turning Digital p2p payments into debit cards.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

JULY 16, 2018

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). The Available Data. The data is out there, said the executive, with unprecedented access to drive patterns, the number of fill-ups that a consumer conducts in a given period of time and other buying behaviors. Picture this. It’s snowing.

Millennials 109

Millennials Boston Retail Mobile 109

PYMNTS

AUGUST 16, 2019

As of the first day of August 1994 more people had walked on the surface of the moon than had bought things online, because online shopping did not yet exist. That changed on the 11th day of the month that year, when the first internet purchase in history was made by a Philadelphia resident with a Visa card. It was a Sting CD.

Retail 108

Retail Nashville Seattle Boston 108

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Carrier billing allows uses to make online payments. Samsung Pay provides gift cards from Dunkin’ Donuts, and users earn money with its own rewards prepaid card.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

APRIL 16, 2018

That lawmakers have now put any big tech company that uses consumer data in the same bucket: bad guys out to make billions of bucks at the consumer’s expense. It’s that last point though — one now central to the current Facebook data debate — that I find most unsettling. They aren’t all like Facebook.

Google 121

Google Data social media Branding 121

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). and was followed by the great cybercriminal migration to the web and card-not-present transactions. I’ve watched the credit card industry almost from the beginning, and we got in early. True in 2009.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

MARCH 6, 2017

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

Retail 101

Retail Payments Boston Innovation 101

PYMNTS

AUGUST 4, 2016

The Department of Transportation will use the back-end support of Cubic Transportation and, in collaboration with Passport, will change the EASY Card revenue management system to allow travelers to buy fares using contactless, check balances on the cards, view account history and manage accounts through a new app.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

AUGUST 12, 2016

This could come as a welcome relief, as lending decisions will be based on data about the viability and success of the business, which helps everyone. Boston-based venture Flywire was started seven years ago to enable these high value, low transaction volume payments via any payment method to be sent by these families anywhere in the world.

Lending 100

Lending Apple Cards Study 100

PYMNTS

JANUARY 15, 2018

At least, that’s what leading psychologists say the data shows. There’s data on that, too. For 50 years, consumers have been trained to produce a plastic card of some kind at the point of sale to pay for something. More fundamental is that most resolutions require that people break old habits – and form new ones.

Innovation 109

Innovation Payments Google Training 109

Independent Banker

OCTOBER 29, 2014

Community banks will continue to have representation in the mobile payments field through the Visa and MasterCard networks, and ICBA Bancard, ICBA’s electronic payments services program for community banks, is working closely with the card networks on the launch of Apply Pay as well as on other digital developments. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

SEPTEMBER 3, 2018

million in tokens for DENT, a mobile data ICO; and over $1.1 All of this was coincident with reports of widespread app outages, with MoviePass running out of money and taking a short-term, high-interest loan just to fund member purchasing cards. Though Coinrail is one of its smaller exchanges, the hackers still made off with $19.5

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. Overall, according to the Global Fraud Attack Index that we do with Forter every quarter, fraud attempts are up 217 percent, putting nearly $5 of every online sale at risk. You want to know what really sizzled this week? As for payments, here are this week’s picks and pans.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Race Data – @RaceDataSystems – [link]. Turn data into energized relationships. Race dashboard: Large data set to work with. Visualizing banking data and using wealth of data to put customer in control for better decisions.

Video 40

Video Mobile social media Analytics 40

Javelin Strategy & Research

JUNE 21, 2014

I had the pleasure of speaking at NextBankUSA in Boston the other week on the Future of Payments, as I see them. In short though, the barrier of speed for online purchasing via Amazon is sufficiently truncated to to negate a trip to the mall. Okay, I found it much funnier than the audience but that happens to me a lot. What can I say?

Google 70

Google Apple Retail Boston 70

PYMNTS

JUNE 21, 2016

Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. According to Mintel, one-third of online delivery users would even be willing to accept higher delivery fees if it meant receiving their food faster. That’s a hearty slice of the delivery pie.

Resources 102

Resources Operations Technology Boston 102

PYMNTS

DECEMBER 31, 2020

The good news, according to PYMNTS data , is that as 2020 is coming to a close, small- to medium-sized businesses (SMBs) are feeling genuinely more confident about their odds of continued survival than they were when the pandemic began. Aid has notably come in from all corners, particularly the card networks.

Maine 169

Maine Philadelphia Community Boston 169

Fintech Labs Insights

APRIL 13, 2016

Ixaris landed $6 million for its prepaid card platform. million for its business data service. Online & offline real estate broker. Prepaid card payments platform. HQ: Boston, Massechuesetts. Tags:Consumer, merchants, payments, POS, acquiring, debit/credit cards, mobile. Online stock trading game.

New York City 12

New York City Company Fintech Minnesota 12

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. With much banking moving online or to smartphones, interactions with customers can be less frequent. Use these 3 technologies to safeguard customer data.

Community 139

Community Community Bank social media Security 139

Fintech Labs Insights

MARCH 28, 2016

HQ: Boston, Massachusetts. Online foreign exchange services. Financial data for private equity funds. Debit card with company-driven expense rules. Nigerian online credit card processor. Tags: SMB, merchants, acquiring, credit/debit cards, acquiring, Y Combinator (investor). Source: Crunchbase.

Company 12

Company Fintech San Francisco New York City 12

PYMNTS

JANUARY 8, 2018

In that 2007 pilot test program, commuters could buy tickets in-person or online and have them delivered to their mobile phones. with a platform called JustRide, which is a cloud-based collection of railways, and we launched in Boston with the city’s commuter rail service,” Donovan said. From paper to digital.

Mobile 161

Mobile Training Boston Alaska 161

Fintech Labs Insights

JANUARY 18, 2016

Online marketplace for real estate investing. Online consumer lending. Data analytics for financial services companies. Data communications for financial services firms. HQ: Boston, Massachusetts. Tags: Enterprise, BI, metrics, analytics, big data. Total raised: $136.7 HQ: San Francisco, California.

Company 12

Company New York City Fintech San Francisco 12

PYMNTS

JUNE 1, 2017

Is your information secure online? Hackers can even steal loyalty points from airlines and hotel chains and cash them out for gift cards. People are right to guard their bank, credit card and Social Security information, Grant said, but their caution shouldn’t stop there. Are you sure?

Security 180

Security Report Fraud social media 180

PYMNTS

SEPTEMBER 6, 2016

Online retailers will be where we shop. Looking at the data, how players in payments and commerce more broadly are using technology and the shopping habits of consumers all make that fact indisputable. Shift Number One | The Shift To Buying Online. For most of the last decade, we’ve been talking about the same old, same old.

Payments 100

Payments Online Mobile Retail 100

PYMNTS

FEBRUARY 9, 2017

Samsung’s global march added another stopping point this week, as Thailand became the latest nation to come online for Samsung Pay. Android Pay on a watch does not actually even need an internet connection for a limited number of transactions (though to fully complete the transaction the watch must eventually go online).

Samsung 100

Samsung Apple Mobile National 100

PYMNTS

FEBRUARY 29, 2016

I, Shopper, take thee, Online Retailer, to be my faithful partner in commerce. THE MOVE FROM PHYSICAL TO ONLINE TO MOBILE. Consumers are increasingly moving their shopping and buying not only online, but online via the mobile devices. Something that most online retailers don’t have – or even come close to having.

Retail 90

Retail Payments Online Mobile 90

PYMNTS

APRIL 6, 2018

Suplari did not disclose exactly how it plans to use the funding, but noted its emphasis on AI-driven data analytics to enhance eProcurement spend management by assessing data across systems, including commercial cards, travel and expense management and accounts payable. IndustryBuying. Logistics. 6 River Systems.

blockchain 116

blockchain Capital Seattle Lending 116

CB Insights

MAY 10, 2018

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. Insight: The rigorous, analytical application of expertise to data to come up with insights that will help the company succeed.

Strategy 78

Strategy Management Analytics Tools 78