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 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. Take security cameras for starters. “We That’s not the only way innovation with cameras can help retailers. are now looking to follow suit.”.

Retail 118

Retail Innovation Video Data 118

PYMNTS

OCTOBER 1, 2019

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. It’s not hard to find experts who predict that, even with the new date, gas stations will fail to comply with the deadline, which is set by card networks. 1, 2020 — at one point, the deadline was in 2017. LISNR Offering.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

MARCH 2, 2020

This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. Checks have been common in temporary staffing, but disbursements to reloadable debit cards are drawing new interest. rose from 3.1 million by 2022.

Cards 130

Cards ATM United States Payments 130

PYMNTS

JANUARY 22, 2021

As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Alvarez explained in a recent PYMNTS interview how effectively securing real-time transactions requires thorough contingency planning and advanced customer verification methods.

Security 141

Security Fraud Tools Customer Experience 141

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

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

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

MARCH 20, 2018

Bank of America announced news on Tuesday (March 20) that customers can now add multiple credit and debit cards to their PayPal account without having to use a laptop or desktop computer. The ability to add cards within PayPal will come later this year, the company said. over the course of the next four years.

Mobile 124

Mobile Cards Ohio Indianapolis 124

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

MARCH 1, 2017

Creating innovation that’s both meaningful and lasting requires more than just coming up with a great idea. PYMNTS: How would you define your company’s approach to innovation? TC: Traditionally, we’ve relied on our partners and client advisory committees to help direct our innovation, which in a way made us a fast follower.

Innovation 100

Innovation Payments Fraud Trends 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

JANUARY 24, 2018

Vocalink, of course, provides and operates the central payments processing infrastructures that power the U.K. Now as a part of Mastercard, the combined business is the first global network to be able to support both bank account and card-based payments, offering more choice to its customers.

Innovation 139

Innovation Payments Operations Marketing 139

PYMNTS

SEPTEMBER 12, 2017

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

Innovation 122

Innovation ATM Trends Mobile 122

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

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. ” Finexio is just one of the B2B payments startups to have recently secured investor attention. And despite these statistics, B2B payments innovators remain confident that progress will be made.

Innovation 139

Innovation Payments blockchain Florida 139

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

JANUARY 14, 2020

As reported last year, the major networks – including American Express, Visa, Mastercard and Discover – said they would implement the EMV Secure Remote Commerce standard, with click-to-pay technology, with wide availability beginning in 2020. Bowman said that as eCommerce has grown, innovation has been fragmented.

New York 170

New York Security Cards Retail 170

PYMNTS

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?

Innovation 100

Innovation Security Industry blockchain 100

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

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Then, there was sudden exponential growth in innovation.

Security 100

Security CA Payments Big Data 100

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. That is what happens when politicians create rules,” Madhu said.

Security 109

Security Data Fraud Regulation 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

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

MAY 3, 2019

Payments don’t always have to be just about the cards. The airline industry, like so many other businesses, is coming to realize that consumers are setting the pace when it comes new and preferred payment methods — methods that go beyond traditional credit cards. At least that is the message UATP has been sending recently.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

DECEMBER 21, 2018

A bipartisan bill has been introduced by Congress that would aim to amend the Securities Act of 1933 and the Securities Exchange Act of 1934. Our intent is to achieve a similar win for America’s economy, and for American leadership in this innovative space,” Davidson said. According to CNBC , Reps.

Bitcoin 175

Bitcoin cryptocurrency Ohio Leadership 175

Gonzobanker

SEPTEMBER 14, 2023

Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. The how, of course, is tricky. It doesn’t end here, of course. THAT IS WILD.

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

JUNE 4, 2019

Lead, follow or get out of the way — that seems to apply to the rise of Open Banking, which promises more financial services innovation, along with greater financial transparency and flexibility. On Tuesday (June 4), the payment card network launched its latest initiative centered around the changes, a program called Open Banking Solutions.

Course 203

Course Innovation Data Industry 203

PYMNTS

JULY 23, 2018

This one may be familiar: Wide receiver and cryptographer walk into a bar and … set the data security landscape on its ear. Neal himself had been hacked while in college and became interested in data security and technology. Keep the key untouchable, then the end result is enhanced security across any number of avenues.

Dallas 134

Dallas Security Data Company 134

NCR

AUGUST 15, 2017

If minimum security requirements are what financial institutions are aiming for, we as an industry are doing it wrong. The security of our customers’ private information and cash should be our greatest focus. As a result, we need to do much better at what the industry calls its minimum security requirement.

Security 73

Security Innovation Industry blockchain 73

PYMNTS

SEPTEMBER 4, 2018

The plastic payment card is dead. Long live the plastic payment card! Forgive the whipsaw attitude, but that’s how it can feel sometimes when discussing the future of payment cards. Card Clarity. The payment card has “a long life ahead of it.” Innovative Edge. Rewards, too, drove card signups, and still do.

Cards 103

Cards Innovation Mobile United States 103

PYMNTS

MAY 10, 2018

If the longest journey begins with a simple step, might the streamlined journey begin with a simple tap of the card? Late April saw the debut of the HOLO card, used for Oahu Transit, a project in which the cards are to be used across the system’s busses and a rail system being built out over the next several years. How bustling?

Hawaii 100

Hawaii Cards Honolulu San Francisco 100

PYMNTS

DECEMBER 19, 2016

While Yahoo can’t seem to shake the consequences of its massive data breach, Costco may have finally gotten things right with its co-branded credit card, and IBM is keeping its eye on the blockchain prize. Costco Turns The Credit Card Corner. The road to a co-branded credit card has been a bumpy one for Costco.

blockchain 100

blockchain Cards Data Branding 100

PYMNTS

JUNE 19, 2020

You may have experienced that fragmentation a bit yourself — using Zelle, of course, means that you are not going to be able to send funds to your pal who’s got Venmo on their phone. Might the bid for universality get a boost from PayID — and a consortium led by Ripple that is coalescing around crypto?

Payments 265

Payments ATM Course cryptocurrency 265

PYMNTS

OCTOBER 11, 2019

Financial institutions (FIs) worldwide are innovating their AML strategies to protect against similar events, but the process requires more than simply adding security to their online platforms. Consumers want speed and personalization, but they don’t want to sacrifice security,” he said. AML Strategies and Innovation Quirks.

Strategy 123

Strategy Innovation Fraud Security 123

PYMNTS

JUNE 26, 2020

What we are seeing [is] continual innovation in terms of services and offerings for corporates and for individuals that are being built utilizing open banking rails.”. Some of these innovations include improved data gathering capabilities and heightened protection against financial crime. Open Banking Prevents Data Exposure.

System 198

System Data Security Examples 198

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. The banks signing on to the new offering include marquee names such as Goldman Sachs, Barclays and Citigroup.

Lending 224

Lending Meeting User Experience Innovation 224