Bank Innovation

FEBRUARY 23, 2017

Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. The San Francisco-based company processed $13.7 billion in payments in the fourth quarter of 2016, compared with $10.2 billion in the same quarter last year. Read More.

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San Francisco Capital Cards Mobile 210

PYMNTS

JULY 12, 2018

Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments offering. Co-brand and private label credit cards are a good business for banks. The Walmart-branded credit card program is the biggest in the U.S.,

Capital 100

Capital Cards Branding Mobile 100

PYMNTS

SEPTEMBER 30, 2020

In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming with Nium for a new and enhanced corporate credit card. million in Blumberg Capital-led seed funding. Plus, Intelage has notched $3.5

Cards 214

Cards United States Payments Capital 214

PYMNTS

DECEMBER 1, 2017

The latest survey by Capital One suggests treasurers still have an appetite for new tools and technologies. Capital One’s Treasury Management Services published its latest survey at the Association of Financial Professionals’ annual conference, held last month.

Tools 100

Tools Capital Mobile Survey 100

PYMNTS

NOVEMBER 19, 2020

Blackhawk Network noted that mobile wallet adoption in the U.S. Google is looking to capitalize on some momentum around mobile wallets. That paves the way toward mobile wallet adoption, as consumers avoid bringing out the plastic at the POS. Mobile wallet transaction value could exceed $1 trillion by 2024.

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Google Mobile Apple Survey 254

PYMNTS

DECEMBER 23, 2020

Happy news, then, that this latest edition of PYMNTS Provider Ranking of Credit Card Apps displays the holding power of top-performing cards, even as upstarts and innovators hope to make their way into the Top 10 with credit card experiences built for mobile consumers. The card-organizing MySynchrony app ranks at No.

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Cards Mobile America Capital 143

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

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Cards Capital Tools Fintech 164

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

Chris Skinner

MAY 30, 2017

Here is how he saw things … Fintech in Rwanda: the place where Telcos are surpassing Banks in the financial sector Telcos dominate in the financial sector of Rwanda Last week I participated in the leading fintech conference in Africa “Dot Finance”, which took place in Kigali, capital of Rwanda. ATM of Rwanda”: Tigo Cash agent.

Mobile 334

Mobile ATM Fintech Conference 334

PYMNTS

SEPTEMBER 28, 2020

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. It also predicts that by 2023 the number of mobile payment users will rise to nearly 28 million, 25 percent of the population.

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Mobile Payments New York Survey 201

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows.

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Cards Payments Fraud Capital 178

PYMNTS

NOVEMBER 24, 2020

Is there anything as awesome as a credit card? Credit cards are the penultimate payments experience that you could say started it all. So deep is our zeal for credit cards that we’re debuting the PYMNTS Provider Ranking of Credit Card Apps here and now, as we track who’s on top and who’s climbing the credit card rankings.

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Cards social media Mobile Fintech 130

PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space. Opening Access To Capital.

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Cards Capital Tools Course 142

PYMNTS

JULY 16, 2020

Privacy.com , the virtual card payments startup, has raised $10.2 The round was led by Teamworthy Ventures , and also featured contributions from Tusk Venture Partners, Index Ventures, Quiet Capital, Exor Seeds and Rainfall Ventures. Privacy.com’s service allows users to create virtual, disposable payment card numbers for no cost.

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Cards Fraud Mobile Capital 141

PYMNTS

AUGUST 24, 2020

The new upgrades include a credit card processing software, which will help with third-party integrations of credit card processing to allow for more options. Service centers with accounts through Trimble's third-party partner can now accept payments easily and process them with greater speed, the release stated.

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Cards Fintech Resources Data 246

Bank Innovation

MARCH 12, 2018

Capital One is making some improvements to its chatbot functionality, now allowing users to request and receive virtual account numbers from Eno, the bank’s virtual assistant. The update will allow the bank’s users to have quicker access to the temporary card numbers when online shopping, Capital One said.

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Capital Online Cards Security 186

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY).

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US Cards Capital Apple 150

CB Insights

JULY 8, 2021

The round drew participation from Bain Capital, Seedcamp, Stripes Group, Thrive Capital, Creandum, and Kinnevik. Denmark-based Pleo offers smart business cards to automate expenditure reports and make spending easier. How’s the company performing? Want the full post? Become a CB Insights customer.

Capital 79

Capital Company Cards Report 79

PYMNTS

DECEMBER 9, 2020

The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number. India-based digital lender startup Capital Float witnessed a multitude of benefits from implementing video-based KYC to help onboard its small- to medium-sized business (SMB) clients.

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Video Capital Lending Security 175

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Chase, Capital One and Synchrony continue to lead issuers with purchase volume growth of over 8 percent YoY?. Mobile & tech.

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Cards US Taxes Apple 158

CB Insights

OCTOBER 13, 2020

As more customers choose to pay with their mobile phones rather than cards or cash, financial services companies face new security threats. Many banks and payments companies are turning to biometric authentication technologies to secure and streamline the mobile payment experience. GET the list of fintech 250 companies.

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Capital Technology Mobile Payments 80

PYMNTS

DECEMBER 10, 2020

Phalen, along with Conferma Pay CEO Simon Barker , recently spoke with Karen Webster about what today's finance chiefs need in a B2B payment solution, and how mobile-based virtual card technology can address end-users' demand for an optimal experience while also meeting CFOs' new requirements. Balancing Consumerization With Security.

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Security Mobile Meeting Payments 266

PYMNTS

NOVEMBER 10, 2020

Nigeria-based Kuda , which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed round ever raised in Africa. The pandemic has affected the Nigerian banking landscape, PYMNTS reported.

Mobile 186

Mobile Capital Report Management 186

PYMNTS

SEPTEMBER 23, 2019

The latest Workforce Spend Playbook explores new solutions that are enabling construction firms and other SMBs to maximize their capital, pinpoint cost-saving opportunities and improve their cash flows. Only 6 percent wanted mobile access. How Virtual and Purchasing Cards Can Help. percent from 2018 to 2022.

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Industry Cards Software Phoenix 169

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. QuickBooks Adds Card Payment Support.

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Cards Capital Fintech Tools 130

PYMNTS

SEPTEMBER 26, 2019

Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked. The travel and lifestyle platform has received investments from the likes of JD.com, Sequoia Capital and Hillhouse Capital, according to Deal Street Asia. There are plans to issue 5 million PayLater cards by 2025.

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Cards Conference Capital Online 158

PYMNTS

MARCH 25, 2020

rolled out a feature that lets machine operators immediately move mobile payment settlements to a debit card. Mobile transactions that take place on their devices will be available for withdrawal in the moment. As a result, the unattended retail machine operator can receive settlements of their mobile transactions at any moment.

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Capital ATM Cards Operations 130

PYMNTS

JULY 30, 2020

Corporate spend management company Center unveiled a Mastercard -powered Center® Corporate Credit Card and a QuickBooks Online Connector on Thursday (July 30). The firm said the new functions will let finance departments bolster accounting accuracy, receive working capital, and accelerate expense deployments, according to an announcement.

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Management Cards Software Online 141

PYMNTS

MARCH 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere.

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Cards Fintech Innovation Policies 130

PYMNTS

NOVEMBER 11, 2020

Plus, Canadian payment services company Interac is collaborating with Walmart Canada to expand debit card payment methods in store and online. LinkAja, an Indonesian FinTech, closed a Grab-led Series B funding round that had participation from Mandiri Capital Indonesia, BRI Ventura Investama and Telkomsel.

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Mobile Payments Capital Fintech 182

PYMNTS

FEBRUARY 20, 2020

FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. The multi-currency wallet transforms the Paysend Mastercard into a local currency card wherever users are.”. In July , Paysend announced an £8.5

Mobile 187

Mobile Analysis Fintech Cards 187

Bank Innovation

OCTOBER 25, 2018

First PayPal and now Capital One have noted the significance of their partnerships with the retailer in recent earnings calls. Just yesterday, in Capital One’s 3Q18 earnings call, Richard Fairbank, CEO and chairman, mentioned that Capital One will be the exclusive issuer of Walmart […].

Capital 186

Capital Retail Online Cards 186

PYMNTS

JUNE 27, 2017

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. Hyundai Card members can use the app to initiate transfers without additional sign-up.

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Cards Mobile Digital Strategies Fintech 100

PYMNTS

OCTOBER 14, 2020

“But we remain strong, with our capital and liquidity levels well above regulatory minimums.”. On the plus side, Wells Fargo reported that card fees rose to $912 million in the third period, up from $797 million in second quarter. Wells Fargo also saw heightened debit card usage during Q3. million active mobile customers.

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Cards Operations Report Mobile 206

PYMNTS

DECEMBER 20, 2019

That famous literary opener could apply to the mobile order-ahead (MOA) space in 2019. Tons of capital was raised and spent on new systems and processes. As mobile takes fast food by storm, QSRs find themselves gagging on friendly (and unfriendly) fraud. QSRs are discovering this as mobile ordering remakes their industry.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

JUNE 7, 2019

FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. While B2B FinTech designed for small businesses (SMBs) has taken off in recent years, mobile-first products remain relatively rare. Square is another B2B FinTech that has added new functionality to mobile services for SMBs.

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Mobile Management Fintech Tools 134

PYMNTS

AUGUST 11, 2019

Shops in Mexico started asking customers to pay with cash after several of the country’s biggest banks started having issues handling debit and credit card payments, Reuters reported on Saturday (Aug. Reuters reported that it was not immediately clear whether cards other than those issued by Banorte, HSBC and Santander were affected. .

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Cards San Francisco Regional Capital 116