PYMNTS

MARCH 28, 2019

The demand is there: According to the latest edition of the PYMNTS Disbursements Tracker , 75 percent of consumers expressed a preference for faster payments, and 84 percent of those consumers reported debit cards as their preferred way of receiving those funds. Visa Direct is the card network’s instant push payments platform.

United States 219

United States Cards Payments America 219

PYMNTS

AUGUST 17, 2020

PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Each sMALL Surprises pack includes a selection of sensory toys/games, trendy accessories, sanitizing samples, activity cards, stickers and school supplies.

Philadelphia 164

Philadelphia Regional United States Community 164

Gonzobanker

SEPTEMBER 14, 2023

Here are a few striking initiatives that caught my attention in the last couple of months: Issue biodegradable debit cards While Mastercard will require banks to use sustainable materials in issuing new payment cards by 2028, Bank of New Hampshire has been issuing biodegradable debit cards since last August. THAT IS WILD.

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

APRIL 5, 2017

Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to 9to5Mac. in this recent addition include Heritage Bank, Community 1st Credit Union, Peoples Bank, Royal Bank, South Central Bank and Rhinebeck Bank, to name a few.

Apple 108

Apple United States US ATM 108

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. It is a leading brand for gamers in Europe, China and the United States.

Company 100

Company Online San Francisco Payments 100

Gonzobanker

AUGUST 24, 2023

One bright spot for the banking industry is Americans’ rising appetite for credit card debt. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. But they typically don’t assess their internal ability to get the project done.

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

OCTOBER 30, 2018

Regionally speaking, the United States saw 9 percent growth year on year to $442 billion in gross dollar volume, while the rest of the world saw faster growth, at 15 percent to just over $1 trillion. Cards at the end of the quarter stood at 2.4 ” As for a timeframe, he stated that “it’s going to be a run.

Payments 179

Payments Community Regional United States 179

PYMNTS

MAY 28, 2019

GO-JEK President Andre Soelistyo said in a statement, according to a September Reuters report, “We believe that a strong collaboration between financial services providers and technology companies can reach a wider range of people who have difficulty accessing financial services, such as unbanked communities.” Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

OCTOBER 7, 2019

Years were spent building up the content and community. To that end, the platform has tens of thousands of campgrounds listed on its platform through the United States, with a combination of federal campgrounds, state parks, national parks, BLM land, private campgrounds and private landowners. The Booking Experience.

Hawaii 123

Hawaii Resources Video Community 123

PYMNTS

MAY 31, 2019

As has been reported, Global Payments is the third largest merchant acquirer in the United States, while TSYS is the third largest card processor in the country. Citi Said ‘Thanks, But No Thanks’ To The Apple Card. Visa CEO Throws Shade On Real-Time Payments. Trackers and Reports.

Lending 122

Lending Payments Apple social media 122

Abrigo

MARCH 3, 2021

Financial institutions can help their communities by keeping EIP fraud top of mind and using a risk-based approach when monitoring transaction accounts for suspicious activity. Fraudulent, altered, counterfeit, or stolen EIP checks, Automated Clearing House (ACH) deposits, and prepaid debit cards. FinCrime monitoring.

Fraud 195

Fraud Payments ATM Trends 195

PYMNTS

AUGUST 12, 2020

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. The COVID-19 pandemic has radically altered the way Main Street SMBs across the United States operate.

Maine 183

Maine Survey Study Tools 183

PYMNTS

SEPTEMBER 12, 2016

While it’s not hard to foresee the CFPB fining a bank in any given week, the fact that one of the biggest banks in the country had employees creating scores of fake credit card and bank accounts was something that was hard for anyone to truly predict was in the offing. Aéropostale And The Retail Miracle. Well, no one but maybe Amazon.

Bitcoin 100

Bitcoin Video Guidelines Policies 100

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. of Community Development Fund Advisors. The preamble to the OCC’s final rule states that covered banks “conduct a majority of all CRA activity in the United States.”

Community 60

Community FDIC Lending Examples 60

PYMNTS

MAY 29, 2020

The lockdown of the United States economy quickly and radically changed the way consumers browsed, shopped and paid for services as well as goods — and not all small and medium-sized businesses (SMBs) were prepared. Retailing 2020: Five Things To Watch. Retail Reopening Hinges On Dangerous Discounts. Trackers And Reports.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

FEBRUARY 13, 2017

Firms that opt in will be able to store their products at FedEx warehouses in the United States and Canada. Boxes will be branded to the retailer, not FedEx). We’re focused on the retailer and doing what’s right for the retailer in helping them grow their business,” Kelly told CNNTech. “I

Data 122

Data Retail America Minneapolis 122

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. out of recession even when growth was negative.

Trends 52

Trends Industry US Cards 52

Gonzobanker

JANUARY 17, 2020

In the soon to be released What’s Going On In Banking study, Cornerstone ’s Ron Shevlin shows that both bank and credit union execs are most fearful of big tech (Amazon Prime, Venmo, Apple Card) primarily because of their great data reach and ability to drive customer experience. Community banks and credit unions do not fear each other.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. Retail offices: 85. billion-asset, 85-branch community bank based in Rockland, Mass.,

Innovation 70

Innovation Community Bank social media Community 70

FICO

JUNE 16, 2022

FICO releases quarterly US Bankcard Industry Benchmarking trends, previously these were published on the FICO Community but going forward will be published on FICO.com blog. The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution.

Trends 52

Trends Industry US Cards 52

PYMNTS

JANUARY 14, 2020

A consumer’s first box for essentials, in one case, will consist of Rancho Gordo heirloom beans, bags of Jimmy Red Grits, Farro Piccolo from Geechie Boy Mill and a box of dried whole grain torchiette pasta from Community Grains in California. It is from a restaurant in Los Angeles that, in a way, brought Oaxacan cuisine to the United States.

Los Angeles 101

Los Angeles San Francisco United States California 101

Gonzobanker

JUNE 30, 2016

An unfortunate turn of debit card events is happening for financial institutions unregulated by the Durbin Amendment (assets under $10 billion, which is most banks and credit unions). EMV Connection reported that 600 million chip cards were issued by the end of 2015 and predicts that number will rise to 900 million by the end of 2016.

Payments 96

Payments Cards United States Fraud 96

Gonzobanker

MARCH 23, 2020

The United States started responding about two months late, and widespread testing only become available in the last week. Retail-oriented banks and credit unions should estimate percentages of customers who will be impacted based on industry codes. Commercial banks need to assess customer cash flow changes and cash on hand.

Community Bank 121

Community Bank Tools Case Study Online 121

PYMNTS

AUGUST 6, 2019

The problem with the private solutions in the market, Brainard noted, is that they are “closed loop” making real-time transfer services only between those app users — and some apps simply can’t reach all of the approximately 10,000 banks in the United States.

System 214

System Payments Operations United States 214

PYMNTS

JUNE 24, 2016

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Costco Card. The Costco Card has generated a lot of buzz.

Lending 101

Lending Online South Dakota North Dakota 101

PYMNTS

JUNE 17, 2016

every card transaction has to be authorized. It surprised even us that after nine months of looking at the 650 sites that represent 70 percent of eCommerce volume and the review of 10K data points that big retailers did no better than small ones at optimizing their online sites for checkout. Private Label Cards. percent from 2.97

Apple 100

Apple Maine Retail Course 100

PYMNTS

MAY 24, 2019

Left Turn of the Week: Gifts Cards For Body Scans. In an attempt to learn more about the diversity of human shapes and sizes, Amazon is paying volunteers (a $25 Amazon gift card) to get scanned, taped and photographed as part of a study to “learn about diversity among body shapes.”. AI Enhancement. million hourly U.S.

New York 109

New York New York City Vermont Meeting 109

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. It’s not like cross-selling a credit card.” FirstBank, which has $2.3

Trends 70

Trends Community Lending Community Bank 70

Gonzobanker

JANUARY 4, 2017

It seems that when the cashier said ‘strip down, facing me’ she meant my credit card.”. Insight #2: Growing the credit card portfolio is a strategic priority, and cards are gettable. The top 10 credit card issuers own 85%-90% of the market. Cards were in shortage and nobody knew which merchants had upgraded hardware.

Payments 68

Payments Cards Fraud Mobile 68

Gonzobanker

JANUARY 4, 2017

It seems that when the cashier said ‘strip down, facing me’ she meant my credit card.”. Insight #2: Growing the credit card portfolio is a strategic priority, and cards are gettable. The top 10 credit card issuers own 85%-90% of the market. Cards were in shortage and nobody knew which merchants had upgraded hardware.

Payments 60

Payments Cards Fraud Mobile 60

CB Insights

AUGUST 23, 2018

Its retail bank, Chase, spans 61 million American households. JPM boasts an industry leading credit card network. With an elite rewards network, JPM is able to use its credit cards as a lever to attract and retain valuable clients. JPM is the first consumer bank to give free trades to all retail customers. Branded cards.

Cards 76

Cards Mobile Strategy Branding 76

PYMNTS

APRIL 22, 2016

The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year. But they also bring with them new learning curves and challenges for those fighting fraud (e.g.

Fraud 100

Fraud Idaho Innovation San Francisco 100

FICO

AUGUST 23, 2017

Student loan debt in the United States has reached about $1.34 It’s greater than the aggregate of credit card debt. For reference, the cumulative Retail Price Index growth during this period is just under 20% — half the growth rate in student loans. population. Drag on the Economy.

Groups 66

Groups United States Regional Cards 66

Gonzobanker

DECEMBER 19, 2017

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.

Conference 90

Conference Industry Community Bank Community 90

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. Best Taking a Stand — DICK’S, Bank of America, Kroger, BlackRock, Delta, United (etc).

Regulation 108

Regulation Data Regional America 108

Gonzobanker

NOVEMBER 29, 2016

Allow branch staff (who we no longer call tellers) to focus more on providing financial advice, community involvement, and driving brand awareness than on counting and handling cash. Also, drive-thru lanes with ITMs typically provide a better customer experience than transacting and communicating through the traditional vacuum tube system.

Video 60

Video Strategy Branch Strategies ATM 60

Gonzobanker

NOVEMBER 29, 2016

Allow branch staff (who we no longer call tellers) to focus more on providing financial advice, community involvement, and driving brand awareness than on counting and handling cash. Also, drive-thru lanes with ITMs typically provide a better customer experience than transacting and communicating through the traditional vacuum tube system.

Video 60

Video Strategy Branch Strategies ATM 60