PYMNTS

JANUARY 20, 2021

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. Employees Lack Access To Corporate Cards. WEX Links MYOB Users To Card Payments.

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Cards America Survey Data 195

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. She said 89 percent of B2B buyers are making more online purchases than last year.

Cards 287

Cards Payments Mobile Management 287

PYMNTS

DECEMBER 17, 2020

Citi has rolled out its new Citi Fleet Card in Europe and the United Kingdom, with a new solution that brings together a contactless-enabled card with a mobile program. Salon division was among the first Citi customers to go online with the offering, according to a Thursday (Dec. Kao EMEA's U.K. 17) announcement.

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Cards Report Mobile Resources 181

PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.

Cards 197

Cards Security Tools Online 197

PYMNTS

DECEMBER 11, 2020

That’s the reality that the majority of consumers — 78 percent, according to Blackhawk’s data — are already anticipating a post-pandemic world where their shopping habits will permanently shift to digital. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season.

Cards 291

Cards United States Strategy Retail 291

Abrigo

FEBRUARY 14, 2023

What to know about the CFPB 1071 rule affecting small business loans This post provides answers to some frequently asked questions about data requirements and other changes likely from the new rule. Takeaway 3 Lenders will need to collect 20+ data points on each application from businesses with $5 million or less in gross annual revenue.

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Data Lending Compliance Resources 195

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. Deep Dive: Fighting Card Data Breaches With Payment Partnerships.

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Compliance Data Report Meeting 243

PYMNTS

MAY 5, 2020

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction. Interacting With The Cardmember.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

JUNE 8, 2020

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

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Retail Management Customer Experience Capital 142

PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. Today’s corporations are happy to bid goodbye to these time-consuming, paper-based processes and turn to online, automated expense tracking products for their spend management needs.

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Management Cards Policies Compliance 132

PYMNTS

JANUARY 18, 2021

Such touchless payment options are being used alongside traditional ones like credit cards and checks. This means treasury departments must have back-office integrations that can enable them to manage payments across various channels. Each company’s risk management approach must therefore be tailored to its specific business needs.

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Analytics Data Risk Management Management 319

PYMNTS

OCTOBER 1, 2020

The plastic card, by necessity, is giving way to digital cards, and mobile apps are bringing card-not-present transactions, increasingly, to mobile devices. She noted that mobile app use is up double-digit percentages as of April, when the pandemic shifted so much of everyday life online.

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Mobile Cards Security Fraud 266

PYMNTS

OCTOBER 25, 2017

Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the U.S. to pay with their UnionPay chip, credit and debit cards at First Data merchant clients.

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Data Cards United States US 100

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

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Cards Innovation Management Tools 150

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. It’s a story told by the data itself, Lesher said. What Modernization Looks Like .

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Cards Mobile Community Bank Community 224

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Virtual Card Payment Trends.

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Cards Security ATM Data 151

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.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

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Cards Mobile Groups Tools 151

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways.

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Community Bank Community Marketing Data 129

PYMNTS

JULY 15, 2020

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. All this, Today in Data. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show.

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Retail Technology Cards Innovation 130

PYMNTS

SEPTEMBER 26, 2019

Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked. percent) of digital purchases in Indonesia in February 2017, while credit cards were used to complete approximately one-fifth (20.7 percent) of online purchases. There are plans to issue 5 million PayLater cards by 2025.

Cards 158

Cards Conference Capital Online 158

PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. for General Motor's Credit Card Business. Goldman Sachs will buy General Motors’ credit card business for approximately $2.5 Online Auto Sales Are Where the Rubber Meets the Road .

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Cards Payments Atlanta Google 193

PYMNTS

DECEMBER 26, 2019

Deutsche Bank, Mastercard and IDEMIA are teaming up to introduce what they said is the first card in Spain to tap motion code technology, FinTech Futures reported on Thursday (Dec. On the back of the card, a small screen will display the CVC, also known as the dynamic security code.

Cards 131

Cards Fraud Security Study 131

PYMNTS

JANUARY 11, 2021

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition.

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Fraud Online ATM United States 158

PYMNTS

DECEMBER 16, 2020

And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements. The “language” of the statements may represent a Rosetta Stone of sorts for the 110 million consumers who have pivoted online in the wake of the pandemic.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

OCTOBER 25, 2016

24) a mobile app aimed at enabling consumers to better manage their credit cards. In order to use the app, customers have to log into their credit card accounts via the mobile LifeLock app or import their credentials from a browser or password manager, according to a report.

Cards 100

Cards Management Mobile Data 100

PYMNTS

APRIL 9, 2020

For digital laggards, the coronavirus pandemic will serve as a harsh wake-up call regarding the importance of digitization and automation, with commercial cards uniquely positioned to address many of the pain points companies face today in these unprecedented times. A Surge In Commercial Card Interest. Supporting Unique Experiences.

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Cards Payments Tools Operations 232

PYMNTS

JULY 15, 2020

Medical data theft is perhaps the ugliest kind. PYMNTS’ July 2020 Digital Identity Tracker® done in collaboration with Jumio , offers a variety of useful perspectives on, and solutions for, medical data theft as it mutates post-pandemic. They should. Medical Records = Dark Web Gold. Healthcare providers in the U.S.

Data 146

Data Compliance Regulation Meeting 146

PYMNTS

NOVEMBER 12, 2018

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. Employees who may not have regular access to corporate email accounts were being notified by their managers at work.

Data 188

Data social media Seattle Security 188

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

NOVEMBER 21, 2018

A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. Amazon , for example, has captured an estimated $7 billion to $10 billion in annual Amazon Prime subscription fees, enabling its one-click purchasing function that uses stored card and account data.

Cards 167

Cards Payments United States Retail 167

PYMNTS

APRIL 30, 2020

This shift to primarily digital comes with some perks, such as easier transactions and more connectivity for CU members, but it also means an increase in online payment volume that represents an irresistible opportunity for fraudsters. How Data-Driven Processes Can Improve Members’ Experiences During The COVID-19 Pandemic.

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Data Meeting Arizona Analytics 188

PYMNTS

MAY 25, 2020

Pandemic aside, business in the digital era is still data driven. Fortunately, PYMNTS has populated the current landscape with trackers, playbooks and reports to inform data-driven decisioning, many of which answer the critical question: What are the consumer behaviors that will stick? percent who order from restaurants online.

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Data Retail Online Mobile 183

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Nium Uses Cards For Credit.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

OCTOBER 15, 2020

But bank earnings are showing that loan loss reserves were more conservative than needed (at least for now) and that in some cases, consumer spending and card activity might be emerging from the most recent depths spurred by the pandemic. At least in terms of third-quarter results that gave insight into card spending and charge-offs.

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America Cards Mobile Management 220

PYMNTS

SEPTEMBER 19, 2019

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. The new agreement also enables users to control what data is shared with Plaid. .

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Data Management Fintech Security 131

PYMNTS

NOVEMBER 18, 2020

consumers paid off $10 billion in credit card debt in the third quarter of 2020, and Amazon Pharmacy launched for consumers to order prescription medications. US Consumers Pay Down $10B in Credit Card Debt In Q3. However, PYMNTS data tell a completely different story about the permanence of the digital shift.

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Cards US Payments Strategy 227