PYMNTS

FEBRUARY 2, 2018

bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports. Bank of America (BofA) officially announced it “will begin declining credit card transactions with known cryptocurrency exchanges” today through a memo distributed to employees on Thursday (Feb. The second-largest U.S.

America 113

America Cards cryptocurrency Bitcoin 113

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. Power took one key friction point of the small business (SMB) credit card market to task. “Basics like credit card terms, and benefits and services, are the lowest-scoring factors in our study.

Cards 101

Cards Innovation Tools Study 101

PYMNTS

SEPTEMBER 9, 2020

This new platform supports central banks as they make decisions now and in the future about the path forward for local and regional economies.”. In July, Mastercard announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers.

cryptocurrency 330

cryptocurrency Regional Survey blockchain 330

PYMNTS

OCTOBER 17, 2016

14) it launched a chip card technology licensing cooperation with seven members of the Asian Payment Network (APN). Major switch networks in Singapore, Thailand, South Korea, Malaysia, Indonesia and the Philippines will adopt the UnionPay chip card standard in card acceptance and issuance. UnionPay announced Friday (Oct.

Cards 100

Cards Regional Industry Payments 100

The Financial Brand

AUGUST 24, 2023

This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand. Regional bank failures and troubles in early 2023 may bear bitter fruit for the institutions in that size class and beyond that survived.

Capital 28

Capital Cards Regional Branding 28

PYMNTS

SEPTEMBER 16, 2020

Sethu Ramaswamy , regional head of Products and Segments for Africa and Middle East at Standard Chartered, noted the increasing popularity of greater flexibility and convenience in the region. "Trust and convenience are key when it comes to payment methods, and we will continue innovating on behalf of our customers in this space.".

Payments 207

Payments social media Regional Report 207

PYMNTS

APRIL 21, 2020

The stage is being set, then, for consumers to pivot away from legacy banking toward trusted brands that, increasingly, are building out financial services. The company’s API, he said, enables users to create an own-branded debit card (not a co-branded one) into their apps. You can reward people in non-cash ways.”.

Branding 232

Branding Innovation Regional Fintech 232

PYMNTS

MARCH 31, 2020

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

SEPTEMBER 22, 2020

Plus, Onyx CenterSource has launched a virtual card designed for hospitality and travel clients. The combined firm will remain the Paya brand have a NASDAQ listing under “PAYA.”. Onyx Rolls Out Virtual Card For Hospitality Clients. Onyx CenterSource has rolled out a virtual card meant for travel and hospitality customers.

Groups 156

Groups Payments Texas Community 156

PYMNTS

FEBRUARY 11, 2020

Seeley has over 25 years of experience in marketing and worked with Airbnb on its Homes business, where he had responsibilities in things like regional brand marketing, product marketing, global media, brand partnerships, marketing analytics and research.

Marketing 163

Marketing Leadership Millennials Branding 163

PYMNTS

MARCH 12, 2020

Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. . Fraudsters can use fake IDs and stolen cards to place orders and quickly make off with items before retailers catch on.

Fraud 130

Fraud Analysis Regional Examples 130

PYMNTS

AUGUST 13, 2018

13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. David Chubak, head of global retail banking and mortgage, will be in charge of the global-branded cards and the consumer lending business, reported CNBC. Citigroup announced Monday (Aug. billion by 2020.

Cards 108

Cards Branding Regional Digital Banking 108

NCR

AUGUST 29, 2016

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 There were 4.8

Cards 75

Cards Regional National America 75

PYMNTS

JANUARY 15, 2021

There will also be payment cards from NAB, and customers will use Q Business to control spend, the report stated. EedenBull also saw the expansion of its work with Mastercard into the Asia Pacific region, in which Mastercard agreed to continue to support EedenBull’s product development and digital services.

Management 172

Management National Regional Analysis 172

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. The modernization aspect could be, ‘how do I get my card to all of the digital commerce platforms and stored on file?’” Davis told PYMNTS.

Community 247

Community Community Bank Mobile Cards 247

PYMNTS

OCTOBER 13, 2019

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. As part of the newly expanded partnership, Revolut will primarily issue Visa-branded cards in the global expansion.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

MAY 11, 2020

billion in April and brought in $920 million in additional liquidity via amendments to its co-brand credit card agreements in May. Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world.

Trends 178

Trends South Carolina Regional United States 178

PYMNTS

AUGUST 3, 2017

That partnership is reportedly getting an upgrade with an announcement as of today that the two firms have expanded their partnership in the Asia Pacific region in their ongoing joint efforts to bring more consumers to digital and mobile payments channels worldwide.

Regional 104

Regional Branding Mobile Cards 104

PYMNTS

JUNE 8, 2018

Digital is making inroads but, as Fiserv noted, if brands (particularly credit card brands) want to move consumers out of the cash and even debit orbit, they need to start thinking outside the box when it comes to rewards. trillion : Consumer cash spend in the Asia-Pacific Region in 2016.

ATM 108

ATM Regional Branding Lending 108

PYMNTS

JANUARY 8, 2020

Regional rival Alipay interacts with its customers with a similar, but not integrated software system. Ant Financial’s Alipay and other brands owned by Tencent currently dominate China’s mobile financial payment digital market. The collaboration also increases options for consumers.

Mobile 112

Mobile Payments Regional Software 112

American Banker

MARCH 24, 2016

JPMorgan Chase has partnered with Starbucks on a branded, prepaid rewards card, expanding its relationship with the coffeehouse chain.

Branding 28

Branding Cards Regional National 28

PYMNTS

AUGUST 17, 2020

“The inclusion of products from various mall tenants in the program will create a new stream of sales and customers for stores, as well as drive awareness and brand recognition,” said PREIT in a statement. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants.

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

JUNE 6, 2019

In a press release , LINE and Visa said the two companies plan to collaborate in different areas, including giving LINE’s 187 million monthly active users the ability to apply for a digital Visa card, and eventually other Visa cards, within the LINE App. The Visa co-brand program that currently serves 2.3

Fintech 148

Fintech Branding Regional blockchain 148

PYMNTS

JUNE 24, 2019

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users make payments all over the world, according to reports. The region is also the home to more than 213 million millennials.

Company 100

Company Online San Francisco Payments 100

PYMNTS

NOVEMBER 29, 2018

Rather than entering new payment information – including address and card details – users can easily enter Amazon account login info. “We’re delighted to offer Amazon Pay to our customers, as it is one of the most secure ways to pay for flights, as the user doesn’t have to re-enter their card details,” he said.

United States 168

United States Apple Retail Online 168

PYMNTS

SEPTEMBER 30, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions, much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products. So today (Sept.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

DECEMBER 17, 2020

One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. Fraudsters are looking to falsify these promotions, however, putting merchants in an untenable situation that requires a brand-new approach to fix.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

FEBRUARY 1, 2019

billion cards issued, with 7 percent growth, the bulk of which — at more than 2 billion — were Mastercard cards. The remaining 496 million were Maestro cards. In terms of international regions that bear watching, he mentioned declines in consumer confidence in countries like France, Spain and the Netherlands.

United States 174

United States Cards Trends Regional 174

PYMNTS

NOVEMBER 28, 2018

“This partnership demonstrates our flexibility to work with Japanese and other international barcode payment providers while meeting an important consumer need in our region.”. The moves comes as the Japanese government has set a goal to increase cashless payments to 40 percent by 2025. “We

Payments 211

Payments Mobile Regional Retail 211

PYMNTS

NOVEMBER 8, 2018

The internet platform is also coming to regions of Asia and the Caribbean. For payments, the company plans to support major credit cards, along with PayPal. With the launch, the retailer will expand its efforts to 106 new markets, Chain Store Age reported. The full online catalog will be operational by 2020.

Online 129

Online Retail Branding Regional 129

PYMNTS

FEBRUARY 2, 2018

billion Mastercard and Maestro-branded cards issued globally as of year-end. In Latin America, he continued, “We are cautiously optimistic that economic growth in that region in 2018 will be similar to 2017.”. In addition, the number of switched transactions was up 17 percent to 16.7 The company also counted 2.4 Without the U.S.,

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

JANUARY 8, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. Once you understand where a person is, then you can start to become really meaningful” to those consumers, and base card-related offers, incentives and experiences on more than “just [purchase] history,” Vaduvur told Webster during the podcast discussion.

Cards 140

Cards Software Regional Data 140

PYMNTS

JULY 17, 2019

.” Available nearly anywhere Mastercard and Visa are accepted, LG Pay is based on wireless magnetic communication technology, which lets users make purchases by touching their smartphone to traditional credit card payment terminals. Bank and Virginia Credit Union, with additional institutions expected later this year.

North Carolina 108

North Carolina US Virginia Mobile 108

PYMNTS

SEPTEMBER 13, 2018

Customers will be able to shop a wide selection of products, including apparel, handbags, shoes, watches, home goods and other popular brands. This brings global selection closer to our customers in the region, and we will continue to grow this further,” said Saleem Hammad, general manager of KSA at Souq, in the press release.

Regional 111

Regional Branding Retail Resources 111

PYMNTS

FEBRUARY 1, 2018

Credit cards and cryptos might be a match well made. One point of that growth was buoyed — at least in part — by cardholders buying cryptocurrencies with their payment cards, Bloomberg reported. Those areas included the Asia Pacific, Middle East and African regions. Of course, what goes up must come down.

cryptocurrency 111

cryptocurrency Cards Trends Conference 111

PYMNTS

NOVEMBER 1, 2018

“Increased Allpoint and bank-branded transactions across many of our retailers drove 3 percent growth in our North America business, excluding the impact from 7-Eleven,” said Cardtronics CEO Edward H. According to a recent report, consumers there used their debit cards 13.2 Meanwhile, the U.K. now using them.

ATM 155

ATM Cards Operations Regional 155

PYMNTS

FEBRUARY 21, 2017

Most recently, the credit card company struck a partnership with Swipezoom in the United Arab Emirates to roll out a B2B payment and invoice management solution, signaling B2B FinTech as a key focus for Mastercard in the market. This week, reports said the company is introducing another B2B tool in the region in partnership with Doha Bank.

Cards 109

Cards Regional Fintech Community 109