PYMNTS

FEBRUARY 21, 2018

Beware the credit card test. There may be no escaping credit card fraud, as it comes in one form or another. Overall, one subset of card fraud is on the rise: Last year, Radial’s eCommerce Fraud Technology Lab said credit card testing was up triple-digit percentage points on an annualized basis.

Cards 156

Cards Fraud Data System 156

PYMNTS

NOVEMBER 14, 2016

We’re talking here about making the minimum payments on credit cards. As the New York Times reported this past weekend, even though consumers can actually afford to pay more than the minimum payment on their credit cards, they simply don’t and choose instead to pay the lowest amount allowed. The reason?

Cards 100

Cards Pennsylvania New York National 100

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. Roughly 55 percent said that cash, of course, is a widely accepted means of payment.

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Course Cards Fintech Payments 221

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

JUNE 24, 2020

Those less tech-savvy individuals represent juicy targets for fraudsters, who have been fine-tuning card-not-present (CNP) schemes to work across all manner of channels during the pandemic as we wield smartphones to make transactions or bank over the phone. All is not lost, of course, for the banks that want to protect their customers.

Fraud 262

Fraud Security Cards Course 262

PYMNTS

JANUARY 8, 2020

The continuing push by the country’s government may find friction, with debit cards as the epicenter — making the cards, essentially, free for merchants to accept may have repercussions elsewhere in the payments ecosystem, as others shoulder the cost. Of that tally, as many as 500 million of the cards are RuPay cards.

Cards 130

Cards Payments Course National 130

PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

MAY 21, 2019

Banking service Monese now offers Apple Pay through 13 countries in Europe , as the digital payment service has also arrived at National Australia Bank (NAB). Poland, Finland, Ireland and Spain, among other countries, can use their cards from Monese where the digital payment method is accepted. Users who reside in Belgium, the U.K.,

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Apple Retail Mobile National 108

PYMNTS

JULY 17, 2019

Beyond the technological advances, of course, China’s push toward a digital economy comes as the government has also digitalized the national ID card, which must be wielded by every citizen over the age of 16. Those cards are used for everything from transactions to getting tickets on mass transit.

Course 185

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PYMNTS

MARCH 26, 2020

They are not always fast followers of newly introduced products and services from their larger banking brethren who operate on a national scale. 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

NOVEMBER 8, 2018

RuPay accounts for more than half of India’s one billion debit and credit cards, and yet Mastercard and Visa still process the majority of the tens of billions of dollars in payments transactions logged monthly, and where the figure was $51 billion in August. Jaitley noted that the total transaction value for RuPay was $1.1

Marketing 157

Marketing Cards Course Payments 157

PYMNTS

AUGUST 15, 2019

The deal was given the green light by the country’s central bank in July, and will cover the processing of debit card operations. The national payment gateway system was launched in December of 2017 to ensure that every debit card transaction in the country was handled using Indonesian technology. In 2018, there were 6.4

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PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

NOVEMBER 23, 2020

But the digital features of the mobile cashing or depositing of checks have proven to be attractive to fraudsters (and the paper checks, of course, are exceedingly vulnerable to fraud). So, of course, would eliminating paper checks entirely, but that’s another story. “A It may be a new name, but it's the same phone we just saw.

Fraud 252

Fraud Mobile Technology Course 252

PYMNTS

NOVEMBER 24, 2020

Where there’s spending, of course, there are transaction fees and other revenue streams for payments companies. The way we pay is shifting, of course. Earnings results from card companies show that debit remains a payment method of choice, and contactless payments are making inroads at both Visa and Mastercard. percent and 5.2

Payments 136

Payments Course Examples Analytics 136

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. The deal will take 12 to 15 months to close, but along the way, we can expect the blurring of the lines between FinTechs and traditional FIs (with a digital bent, of course) to continue. Home sales: In a sign that U.S.

Digital Banking 224

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PYMNTS

JANUARY 20, 2020

That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. The move has much more to do with the decline of handwriting, of course. Brick-and-Mortar View.

Retail 183

Retail Millennials Cards social media 183

Jeff For Banks

JULY 13, 2023

BofA), claiming, among other things, that BofA opened credit card accounts for new customers without their consent. Wells Fargo was slapped with a similar CO back in 2016, while they were third in the nation in deposit market share. But can it be for the community banks that would covet the customers that make up the $1.9

Cards 78

Cards Community America Community Bank 78

PYMNTS

SEPTEMBER 2, 2019

percent) express satisfaction with using virtual cards to settle invoices. Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Elevating the Commercial Card.

Payments 186

Payments Cards Tools Technology 186

PYMNTS

DECEMBER 9, 2019

Chief among those efforts, of course, has been the (continuing) news that China is set to launch a nationalized digital version of the yuan. Libra, of course, lingers, as a cryptocurrency project that may (or may not) get off the ground via consortium effort. All of this boils down to a lot of moving parts.

Bitcoin 130

Bitcoin cryptocurrency Course System 130

PYMNTS

DECEMBER 9, 2019

Chief among those efforts, of course, has been the (continuing) news that China is set to launch a nationalized digital version of the yuan. Libra, of course, lingers, as a cryptocurrency project that may (or may not) get off the ground via consortium effort. All of this boils down to a lot of moving parts.

System 130

System Bitcoin cryptocurrency Course 130

PYMNTS

NOVEMBER 23, 2020

Over the course of the last five years, gift ordering cut-offs have been pushing deeper into the season, all the way to Dec. According to reports , Amazon plans to open 1,000 “mini” delivery hubs in suburbs and cities across the nation, and will move ahead with plans to launch an armada of delivery drones. Giving Digital Gifts.

Retail 248

Retail Online Survey Course 248

PYMNTS

APRIL 25, 2016

Of course, we have the quarterly numbers, too, including insight into how American Express’ commercial card business is holding up. billion worth of purchases went through Amex commercial cards in 2016’s Q1, American Express said in its latest quarterly earnings report. It’s all below in our weekly B2B Data Digest. . .

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Fraud Cards Lending Analysis 100

PYMNTS

JANUARY 28, 2020

Late last week, the India Banks Association (IBA), the representative body for the banking industry, wrote to the National Payments Corporation of India (NPCI), the umbrella organization for retail payments in the country, to ask the latter to remove some fees on UPI and RuPay transactions. of India (NPCI).

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Cards Payments National Report 130

PYMNTS

MAY 31, 2019

And, of course, we are not even through the second quarter of the year. We’re talking, of course, about eCommerce. and China (and now, other nations such as Mexico). Doubts that the card would be profitable. The data came this week from Coresight Research that store closures across the U.S. The reason? percent in 2018.

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Cards Retail Course America 122

PYMNTS

NOVEMBER 22, 2018

New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. Walmart is, of course, pursuing a multi-pronged strategy in the country, having just announced via Walmart India that it will spend $500 million to open 47 stores in India through 2022.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

DECEMBER 13, 2018

Amid the continuing movements by governments and nations to overhaul payments operations, Vocalink said Wednesday (Dec. Vocalink has been involved in other faster payments deployments done on a national scale. “We are committed to developing further partnerships around the world to build global, ubiquitous, real-time payments.”.

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System Payments National Cards 134

South State Correspondent

FEBRUARY 22, 2024

A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. Of course, the situation gets worse as most banks, other than real estate, don’t invest with a ten-year or longer horizon. These banks have all taken a longer view.

How To 195

How To Strategy Capital Lending 195

PYMNTS

JANUARY 22, 2019

In a press release , the Cupertino, California iPhone maker said that with the addition of the national retailers, 74 of the leading 100 merchants in the U.S. Apple noted in the press release that Apple Pay is also rolling out to more than 7,000 Taco Bell and 2,200 Jack in the Box locations over the course of the next few months.

Apple 145

Apple Retail California Course 145

PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. and Canada affected 56 million debit and credit cards, far more than the attack on Target customers.

Retail 100

Retail Cards Data Atlanta 100

PYMNTS

NOVEMBER 28, 2016

Credit card issuer American Express is gearing up to raise the fees it charges customers who are late with their payments. It went on to say “a very small number” of its customers miss two payments during the course of six months.

Payments 100

Payments Guidelines Cards Retail 100

PYMNTS

SEPTEMBER 11, 2018

The backdrop is one where roughly 7 percent of small businesses in South African countries accept card payments, and yet the card penetration rate is 75 percent. But the very small number of merchants that accept card payments seems to represent a greenfield opportunity.

Cards 100

Cards Course Trends Payments 100

PYMNTS

JUNE 27, 2016

over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating debit acceptance capacity in-store, if the nation’s largest grocer refused to abide by Visa’s stated EMV rules. is suing Visa Inc. District Court for the Southern District of Ohio.

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Ohio Cards Compliance Course 104

PYMNTS

OCTOBER 12, 2020

The report and its objectives (with foundational principles for CBDCs) was done in collaboration between the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, Sveriges Riksbank, the Swiss National Bank and the BIS.

Boston 233

Boston System Online Payments 233

PYMNTS

MAY 8, 2020

For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. The coronavirus upended, well, everything, of course. And here is where we may see some green shoots.

Report 245

Report Online New Jersey Conference 245

PYMNTS

APRIL 24, 2019

Of course, those more than beat the national average on checking accounts, which is currently at a 0.08 There are also plans to launch direct deposits and a debit card by the end of the year. The rate now surpasses Goldman Sachs ’ Marcus, which offers a 2.25 percent yield on its savings accounts. It now manages $13.5

FDIC 108

FDIC New York Community Bank Course 108

Abrigo

JANUARY 30, 2024

Attendees staying at the resort can take advantage of two world-class golf courses, tennis or pickleball, or escape to the Tierra Luna Spa, a Forbes 2023 four-star Spa Award Winner. Frank Lloyd Wright-influenced architecture and the amenities of the Waldorf Astoria resort make the Arizona Biltmore a desert oasis.

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Conference Arizona Phoenix Fraud 195