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

NOVEMBER 12, 2018

Connected devices are becoming ingrained in consumer shopping habits: More than 50 percent of shoppers made online purchases in seven of 13 product or service categories in the past seven days, according to the PYMNTS How We Will Pay Report , while 20 percent went online with mobile apps to buy food to eat at home.

Innovation 186

Innovation Samsung Apple Mobile 186

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

AUGUST 13, 2019

College is also a notable location for the rise of other retail innovation — including technology that is changing the quick-service restaurant (QSR) word, mobile order-ahead. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

JUNE 21, 2019

Mobile Innovation. College is also a notable location for the rise of other retail innovation — including technology that is changing the QSR word, mobile order-ahead. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services. Subscription Rising.

Retail 100

Retail Innovation Mobile Course 100

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

JULY 8, 2019

The move, of course, is inspired by what Amazon is doing in its Amazon Go grocery stores. The project also could grow to include app or loyalty card identification of shoppers to further the frictionless commerce and payments ideal. The paper noted that many such retail innovation efforts for grocery start in Europe.

Retail 152

Retail Innovation Seattle Chicago 152

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

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

NOVEMBER 7, 2019

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. Using cameras and software to recognize license plates is nothing new, of course. are now looking to follow suit.”.

Retail 103

Retail Innovation Mobile Google 103

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. The trigger for the look back has of course has been the Sept. Mortgages and Credit Cards and Student Debt…. 15, 2008 fall of Lehman, which filed for bankruptcy that day.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

MARCH 27, 2019

At an Apple device event, seeing all four hanging around the Steve Jobs auditorium is perhaps not quite par for the course — but it’s far from extraordinary, or even really all that surprising. Except of course, there’s just one more thing, and it is what makes yesterday’s event rather noteworthy. So what did the people think?

Apple 118

Apple Cards Course Los Angeles 118

PYMNTS

APRIL 25, 2018

The latest Index, covering the first quarter of 2018, examined what the best innovators are doing and found it’s not enough to be just diving into digital — though that’s a start, given the generally poor state of QSR innovation. So what makes an innovative restaurant? Granted, that’s a slight increase of 0.7

Study 111

Study Innovation Survey Mobile 111

PYMNTS

DECEMBER 4, 2020

But for payments, the new year will dawn with a combination of disruption and innovation. But the pandemic has starkly illuminated the need for flexibility, especially in verticals where online spend has been strong and where commerce has shifted to online channels from brick-and-mortar foot traffic.

Payments 185

Payments Innovation Online Cards 185

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

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

NOVEMBER 18, 2016

As more stakeholders and players join the fold, there’s a ripe opportunity to find innovative ideas in unlikely places. PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done?

Innovation 100

Innovation Payments Software Trends 100

PYMNTS

MAY 3, 2019

Payments don’t always have to be just about the cards. The two of them operate a program that enables airlines to accept instant online bank payments for consumers’ ticket purchases. Combine such trends with the emergence of PSD2 and open banking, and it’s not hard to imagine even more innovation to come for airline payments.

Payments 209

Payments Innovation Fintech Cards 209

Gonzobanker

SEPTEMBER 14, 2023

We’re gearing up for Smarter Bank LIVE , and your 325+ RSVP responses to our upcoming online event make one thing clear: You want your bank to become more than the branch next door. According to Cornerstone Advisors research, 47% of consumer checking accounts opened in 2023 are at fintech companies or online banks (not traditional banks).

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

JANUARY 14, 2020

Click-to-pay has been billed as a simpler, more secure way to shop online – especially for guest checkouts – as it requires consumers to enter card details just one time, rather than on a per-transaction basis, or through setting up accounts with individual merchants. In the transition to click-to-pay, Visa will start with the U.S.

New York 170

New York Security Cards Retail 170

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. billion people – will likely be using online and mobile banking services by 2024. We have a website, but people don’t really use it.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 2, 2020

The underlying theme, of course, is the realization that consumers increasingly want more control over (digital) payments (today, done in a more touchless manner) and have ever-higher and rising expectations, according to McCarthy. Against such resistance, good, innovative ideas died and continue to die quickly, he said. to go public.

Payments 277

Payments Innovation Capital Fintech 277

PYMNTS

FEBRUARY 11, 2020

In an interview with Karen Webster, Sherri Haymond, executive vice president of digital partnerships at Mastercard, and Diwakar “Dee” Choubey, founder and CEO of digital banking membership MoneyLion, delved into how collaboration between the card network and the FinTech will foster new card program launches in 2020 and beyond.

Fintech 152

Fintech Innovation Digital Banking Course 152

PYMNTS

JANUARY 4, 2019

The workers responsible for the day-to-day operations have a more favorable view of debit cards than customers (93 percent compared with 82 percent), as well as good old-fashioned cash (93 percent to 80 percent) and gift cards (85 percent to 72 percent). Retail Bridges.

Apple 177

Apple Cards Retail Management 177

PYMNTS

JULY 17, 2019

There are billions of individuals online, trillions of dollars in commerce exchanged digitally, and a myriad of approaches to online verification. The most recently-issued cards feature encryption and chips, containing personal information spanning gender, address and ethnicity. the continent and beyond.

Course 185

Course Regional Policies Data 185

PYMNTS

DECEMBER 4, 2020

In just one of the most recent announcements , Stripe said it is partnering with several large banks to offer financial services via Stripe Treasury to offer debit cards and bank accounts to online merchants and other enterprises. Looking into the future, everything is about connection, which is available thanks to APIs,” said Dux.

Lending 224

Lending Meeting User Experience Innovation 224

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Cards 245

Cards Apple Google Technology 245

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

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. Chase has also said that its new SMB offering will enable firms to take card payments within minutes. In terms of the economics of QuickAccept, beyond the card readers, the company will charge 2.6 To that end, the banking giant J.P. and, by extension, the U.S.

Marketing 306

Marketing Maine Cards Payments 306

PYMNTS

OCTOBER 12, 2020

It might also offer opportunities not possible with cash while supporting innovation.”. As reported in the latest “How We Will Shop” report, done in collaboration between PYMNTS and PayPal, 24 percent of all consumers said they had shifted at least one daily activity online, and plan to keep it that way.

Boston 233

Boston System Online Payments 233

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. Many do bank with us, of course.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

SEPTEMBER 17, 2020

It’s not enough that the CX be secure — though that’s critically important, of course. As to what lies ahead for the digital CX, Vaughn said we’re headed toward greater adoption of card-on-file transactions, and the use of digital wallets to enable those transactions. The trend, after all, is toward contactless transactions. “It

Customer Experience 254

Customer Experience Cards Analytics System 254

PYMNTS

FEBRUARY 28, 2020

Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview. There also tend to be many different card processors and different kinds of payment methods. Modo Founder and CEO Bruce Parker said there are many different drivers of that cost.

Company 209

Company Fintech Payments Software 209

PYMNTS

APRIL 16, 2019

Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report. This, of course, points toward the desire to bring top line from non-Wall Street sources, and from the move toward mass market products. Trading slump, yes. Across the U.S.

Apple 121

Apple Cards Course Management 121