PYMNTS

NOVEMBER 8, 2018

In a bid to increase loyalty, merchants are driving innovations in their stores. The clothing retailer is hardly alone, as 85 percent of merchants say that they innovate to stay competitive, according to the PYMNTS Retail Innovation Readiness Index , while 77 percent say they use it to drive sales.

Innovation 178

Innovation Las Vegas Payments Fort Worth 178

PYMNTS

NOVEMBER 6, 2018

There is also the chance (please no, not this time) of some hassle with payments, such as the corporate account or card not going through, or maybe, on the travel agency side, a software glitch or another problem that adds friction and frustration to an already long travel day. Innovation Challenges. Innovation Willingness.

Innovation 177

Innovation Payments Industry Study 177

PYMNTS

FEBRUARY 26, 2020

Mastercard , like most consumer credit connected brands, was hit hard in the early days of the Great Recession. However, those trend lines soon gave way to growth in the early 2010s and beyond — driven by the digitization of commerce — with the card network’s revenue tripling in the last decade.

Payments 274

Payments Course Fintech Cards 274

PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. It’s a fact that merchants, of course, do not love.

Cards 224

Cards Course Security Fraud 224

PYMNTS

FEBRUARY 19, 2019

Those who work in and around high tech and innovation are lulled into a narrative about progress being on a march ever forward, rarely slowing, never stopping and certainly never turning around and marching in the wrong direction. . Once one gets outside of the top 25 banks in the U.S., The Soft Middle in Financial Services.

Innovation 160

Innovation Fintech Marketing Study 160

PYMNTS

MARCH 24, 2020

To integrate payments in the most efficient way, it, of course, helps to define what integrated payments actually mean, across a constantly shifting payments ecosystem. Data is key, of course, when it comes to payments. The Evolution Of Embedded Payments .

Innovation 141

Innovation Payments Software Customer Experience 141

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposers are the ecosystem wild card. Decomposer for innovator large or small, established or emerging. An Ecosystem By Any Other Name. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

NOVEMBER 7, 2019

Some brands like McDonald’s are turning to voice recognition technology to keep orders moving. The general idea, of course, it to further personalize the consumer experience and also save customers the trouble of pulling out credit cards or phones to make purchases. are now looking to follow suit.”.

Retail 103

Retail Innovation Mobile Google 103

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. The network would run on a card issued by Barclays U.S.,

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. Over the course of the experiment, through a series of 1,000 daily tasks, the researchers changed how the white and green dots were presented to the monkeys.

Innovation 109

Innovation Payments Google Training 109

PYMNTS

DECEMBER 19, 2016

While Yahoo can’t seem to shake the consequences of its massive data breach, Costco may have finally gotten things right with its co-branded credit card, and IBM is keeping its eye on the blockchain prize. Costco Turns The Credit Card Corner. The road to a co-branded credit card has been a bumpy one for Costco.

blockchain 100

blockchain Cards Data Branding 100

PYMNTS

SEPTEMBER 4, 2018

The plastic payment card is dead. Long live the plastic payment card! Forgive the whipsaw attitude, but that’s how it can feel sometimes when discussing the future of payment cards. Card Clarity. The payment card has “a long life ahead of it.” Innovative Edge. Rewards, too, drove card signups, and still do.

Cards 103

Cards Innovation Mobile United States 103

PYMNTS

AUGUST 8, 2019

Loyalty is a tricky proposition, especially as plastic cards have given way to mobile payments, and there is little mercy for those businesses that get loyalty wrong. percent of CUs actively invested in loyalty and rewards innovations during the past three years. Yet, only 29.4 The Need to Compete. Customer Experience.

Fraud 124

Fraud Innovation Customer Experience Branding 124

PYMNTS

SEPTEMBER 2, 2019

percent) express satisfaction with using virtual cards to settle invoices. In another collaboration with Mastercard this summer, the PYMNTS B2B Payments Automation Innovation Playbook similarly revealed that the demand for AP automation is on the rise. Elevating the Commercial Card.

Payments 186

Payments Cards Tools Technology 186

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Visa recently announced a new policy to help shoppers alleviate this pain point.

Policies 302

Policies Online Retail Payments 302

PYMNTS

AUGUST 17, 2020

Marketplaces and brands now make it easy now to auto-refill everything from paper towels to pet food, skin crèmes to salty snacks, bottled water to baby wipes. consumers have tried a new brand in the last 60 days, and have made that purchase directly from the brand via an online channel. So do pet product brands.

Retail 335

Retail Branding Online Report 335

PYMNTS

MARCH 25, 2019

The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical to optimizing the payments experience and innovating new payments flows. There was the same talk then about retailers not letting consumers use a payment card owned by their largest rival. Guess what? Time flies.

Payments 198

Payments Innovation Branding Operations 198

PYMNTS

JANUARY 21, 2019

That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. The card networks enable instant payments today, too. There’s a canary in the faster payments coalmine. It flew in on Dec.

Payments 194

Payments System Innovation Cards 194

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

JANUARY 28, 2019

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. Of course, it’s not the money – after all, it’s only a dime – but it’s the extra hassle at checkout. Innovation by Any Other Name. I say yes, because … well, what else is there to say?

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

JANUARY 6, 2020

ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Most people were still paying taxi drivers with cash, and if those drivers had POS terminals, they – hmm – weren’t working when you wanted to use a card to fund the ride. Chip cards didn’t exist in the U.S. The Connected Economy’s Potential.

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

FEBRUARY 12, 2018

The card network announced Thursday (Feb. 8) that it had joined Pebble Beach Resorts’ brand partner portfolio with the goal of providing VIP cardholder access and experiences at the resorts’ golf courses, spas, dining and retail. Buying the celebratory beer with Mastercard, apparently.

New York City 117

New York City Course Branding New York 117

PYMNTS

SEPTEMBER 9, 2019

As PYMNTS readers know, the QSR space is not only an area of payments and commerce where massive innovation and disruption is taking place — much of it centered around mobile and loyalty — but a place of fierce competition. Readers can bet on more innovation and disruption in this area as the new decade dawns.

Innovation 145

Innovation Maine Mobile Branding 145

PYMNTS

JANUARY 27, 2020

And that would be a shame since the theme of those headlines centered around new ideas, fresh additions and innovation. Is it about to get harder to procure a personal loan or a credit card in the U.S.? Credit card debt stood at more than $1.3 The average interest rate on cards stands at more than 19 percent.

Data 131

Data Los Angeles Bitcoin cryptocurrency 131

PYMNTS

JUNE 25, 2020

Of course, that was before anyone had ever heard of COVID-19. percent of respondents) and payment methods that don’t require touching a card reader (58.6 PYMNTS readers looking for similar innovation closer to home can check out Walmart. Last year, PYMNTS’ How We Will Pay Survey found that while an increasing share of U.S.

Google 141

Google Survey Apple Innovation 141

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

PYMNTS

JANUARY 22, 2019

Not to mention, all those late nights desperately striving to absorb all the information we should have learned over the course of weeks instead of hours, had we the good sense to keep pace with the work. Now, they are doing all this digital innovation, and it’s really moving the needle,” he said. Digital Progress.

How To 144

How To Fraud Online Mobile 144

PYMNTS

DECEMBER 16, 2019

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. The last 10 years in payments and commerce have given us millions of dots to connect.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JANUARY 1, 2020

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. Tuesday marked not only the end of a year, but the end of a decade.

Innovation 174

Innovation Cards Google Payments 174

PYMNTS

OCTOBER 16, 2020

In fact, as noted in the B2B Payments Innovation Readiness report , businesses that rely on manual accounts receivable (AR) processes tend to have 30 percent longer average DSO and take 67 percent longer to follow up on overdue payments. I’m not going to take your virtual cards via email anymore.’”.

Payments 160

Payments Cards Software Strategy 160

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JULY 6, 2020

Last week, Constellation Brands purchased Empathy Wines , a direct-to-consumer (DTC) eCommerce business that sells wines from California vineyards. Brands see this digital shift in their numbers, even as stores have reopened and physical sales have started to increase. How Much Will Digital-First Stick?

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

FEBRUARY 11, 2019

Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store. In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores.

Online 197

Online Retail Mobile Branding 197

PYMNTS

MARCH 25, 2019

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. And, of course, that moment never occurs on a day when one is early. cities in the next few years.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

MAY 10, 2019

And this week was a meaty one for news: Mastercard and Visa made acquisitions, the Facebook payment proposition was dissected, new findings about payments and retail innovation emerged, and the pet retail segment gained a major new source of fuel. Is Real-Time Payments a Threat to Credit Cards? Top Stories. Trackers and Reports.

Payments 151

Payments Texas Retail Innovation 151

PYMNTS

DECEMBER 4, 2018

For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items. These perks have been an advantage for credit cards, but could that erode as, say, Alipay offers integrated loyalty programs? The Millennials Cometh.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. but after almost 50 years, it began to fade out in the 80s, disrupted by the emergence of store-branded credit cards.

Millennials 137

Millennials Retail Tools Branding 137