PYMNTS

NOVEMBER 12, 2020

urged antitrust regulators to act fast in enforcement toward Google. The funding is being earmarked to launch credit cards-as-a-service in the U.S. as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible.

Google 193

Google Payments Regulation Branding 193

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Fun, Cool And Otherwise Interesting.

Cards 151

Cards Data Mobile Survey 151

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

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

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 191

Innovation Data Fintech Exercises 191

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. The specific issue that I’m referring to is merchant surcharging – a fancy term to describe the fee charged by merchants when consumers use network-branded card products to pay for their purchases.

Regulation 181

Regulation Boston Cards Innovation 181

Cisco

NOVEMBER 15, 2022

Venmo solved a problem of an individual wanting to pay another individual (or even small business) without having to use cash, check or even debit/credit card. It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. Open banking made this possible. Open banking happened.

Innovation 156

Innovation Security Data Innovation Strategies 156

PYMNTS

MAY 3, 2020

Instead, RBS said Friday (May 1) that it would “wind down Bó as a customer-facing brand” in only a half-year since the neo bank was rolled out to the public. RBS is looking to focus resources on Mettle, the second of its two digital-only challenger brands. We’ve always said that we will look to innovate.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. FICO’s Take on Debit Security.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

OCTOBER 2, 2019

Payments Innovation. And you can bet (sorry) that this fall, more of that money is going through not only mobile channels, but via more prepaid cards and other innovative methods. in the coming years will almost certainly be the prepaid card aspect. in the coming years will almost certainly be the prepaid card aspect.

Online 134

Online Houston New Jersey Innovation 134

Bank Innovation

DECEMBER 7, 2016

Year-old Citi Fintech, the digital banking sub-brand of Citigroup Inc., That may seem like a long time by startup reckoning, but it’s not so bad for a (gigantic, regulated, global) bank. The unit announced Monday that it had built a new mobile experience for Citigold card members Read More. has launched its first product.

Fintech 150

Fintech Digital Banking Regulation Branding 150

The Financial Brand

DECEMBER 21, 2020

Calls grow for regulation of fintech-driven POS lending, but for some banks, a credit card variation could be at least a good defensive play. The post ‘Buy Now, Pay Later’: An Innovative Lending Program Heading for a Cliff? appeared first on The Financial Brand.

Lending 36

Lending Innovation Regulation Branding 36

PYMNTS

OCTOBER 20, 2016

This strategy looks at authentication in all channels on any device and at any time for all cards within Mastercard’s brand portfolio. During his time with HSBC he delivered a global Internet Payment Gateway solution for HSBC and was instrumental in developing their products and services surrounding Card ePayments and Security.

Security 100

Security CA Cards Strategy 100

PYMNTS

MAY 7, 2020

Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. in the next year.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. It’s the decoupled debit card. Merchants paid less when they accepted those cards. And what was the product? There’s only one problem.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. These markets have similar challenges to the legal marijuana sector: products that are regulated, expire and have unique needs in terms of compliance and shipping. .

Taxes 122

Taxes California Regulation Innovation 122

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. The branding will reflect the financial institutions and not Google. Google Dives Into DDAs.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

MARCH 31, 2020

MatchMove’s LightSpeed solution won top honors in the category “Best Payments Innovation of the Year” in the 4th Payments and Cards Awards 2019 held in Mumbai, India. MatchMove said LightSpeed is a “powerful, out-of-the-box solution, which enables you to launch your own branded payments platform within minutes.”.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to view the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 100

Innovation Data Fintech Exercises 100

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

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

MAY 6, 2019

Separately, in news germane to the OCC, it has opened up a 45-day public comment period on a proposed Innovation Pilot Program encouraging banks to participate in pilots spanning as long as 24 months. It would allow banks to offer regulatory impact on innovations that include some tech-driven initiatives. lakh (roughly $1.6

National 165

National Fintech New York Exercises 165

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

JANUARY 31, 2020

The actual nuts and bolts of travel — the planning, booking and paying — are now tied less to individual hotel and airline brands than to experiences, Liebman explained. A customer-focused payments strategy, he noted, includes the “Fab Four” card networks: Visa, Mastercard, American Express and Discover, of course. Closing The Gap.

Payments 110

Payments Big Data Strategy Examples 110

PYMNTS

MARCH 10, 2020

What instant lending innovation have shoppers fallen in love with? As laid out in the latest Tracker, credit card usage has declined down under since BNPL went wide a few years ago, with 8 percent of all retail transactions in that country going through Afterpay in 2019. Here’s a hint: We’ll tell you now … and you can thank us later.

Case Study 135

Case Study Retail Millennials Branding 135

PYMNTS

NOVEMBER 17, 2020

Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Customers can also split purchases with other users on PayPal and Venmo and receive the credit directly back to their card. million) in a new funding round.

Payments 130

Payments Michigan Fraud Digital Strategies 130

PYMNTS

JULY 8, 2019

Regulators, particularly in the nations with the largest swaths of unbanked consumers, will say it offers users no easy way to cash in, cash out or reliably spend the Libra currency. They want us to focus on true innovation.”. Building Real Innovation for Real Gaps. There are a lot of answers.

Digital Banking 176

Digital Banking Innovation Cards Lending 176

PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 70 percent.

Payments 195

Payments Regulation Security Data 195

PYMNTS

MARCH 5, 2018

Best Picture — Payments Innovation. But no matter where one looks, it seems payments innovation is the big winner. This week saw three very big names in retail and payments weigh in on the debate over gun control in an attempt to push the market toward regulating itself with or without government intervention.

Regulation 108

Regulation Data Regional America 108

CFPB Monitor

JANUARY 5, 2021

a)(14) of Regulation Z, and therefore, Payactiv has a safe harbor from liability under TILA and Regulation Z in connection with the specified EWA program. The approval order confirms that Payactiv’s EWA program described in the order does not involve the offering or extension of “credit” as defined by section 1026.2(a)(14)

Compliance 78

Compliance Policies Regulation Cards 78

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Regulation.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

NOVEMBER 23, 2020

“You're not dealing with two-day settlement,” he stated, adding that interoperability also has the ability to foster sticky relationships between merchants and consumers, especially consumers who want perks and high reward cards or coupons. Looking Toward The Blockchain . And herein lies the great irony in financial services.

National 215

National blockchain Montana Lending 215

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

APRIL 3, 2019

Now, five years later, many coffee brands are clamoring to compete with mobile apps, loyalty points, online payments and even home delivery services. UX, Payments and App Innovation. With major brands like Starbucks nipping at the company’s heels, being on mobile isn’t enough, he said. Costa needs to innovate continuously.

Mobile 101

Mobile Innovation UX Security 101

PYMNTS

FEBRUARY 5, 2020

Privacy and monetary policy issues are causing regulators to tread carefully in launching electronic currencies. The proposed change would base swipe fees on the setting or merchant category, and is meant to increase payments made via card. US Economy Could Lose $10B To Chinese Travel Ban. economy $10.3 billion in lost tourism dollars.

San Francisco 130

San Francisco US Charlotte Payments 130