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U.S. mail delays: more reasons to explore mobile and online banking

PopularBank

Costs of paying by mail vs. online and mobile banking. On the other hand, mobile and online bill pay from Popular Bank is free and available 24/7. The Federal Reserve Bank of Boston reports that bills represent about 30 percent of overall consumer payments, with most bills being paid by using a card or electronic methods.

Online 98
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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. Penn Station is going online, and [the MTA] will enable another 50 stations this month. So, when is it coming to Boston?” Yesterday (Dec.

New York 167
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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289
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The Rise Of Card-on-File Commerce

PYMNTS

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). So what is ‘it’?

Cards 147
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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

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. The scenarios will be continuously expanded based on new cybercrimes.

Boston 177
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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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Five At Five: Mastercard Makes A Biometric Bet

PYMNTS

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. Active Daily Orders Come Up Short For Grubhub In Q1.