Bank Innovation

JANUARY 23, 2019

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

Capital 170

Capital Cards Branding Report 170

PYMNTS

APRIL 24, 2020

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. ” Accelerating ACH Innovation. Business-To-Government Payments.

Innovation 161

Innovation Payments System Data 161

PYMNTS

MARCH 14, 2019

Broadly, he noted, consumers want to eliminate friction while remaining secure — and the future of replacing the password will be in offering the right technological innovations in the right contexts to fulfill both of those needs. The Consumer in Context. But in that time, there will be progress in a variety of areas, he said.

Innovation 148

Innovation Security Google Technology 148

PYMNTS

DECEMBER 9, 2019

That uncertainty surfaced again two years later — a year after the firm’s initial public offering (IPO) — when he decided the firm’s future was about collaborating with the card networks instead of competing with them. and Europe are using cards to make their payments.

Innovation 209

Innovation Payments Cards Capital 209

BankBazaar

JANUARY 25, 2024

What have your Credit Card ’s ancestors been up to? There’s probably nothing new we can tell you about the Credit Card. Today, we’re aiming at remedying that, so we’re all left with a new-found respect for our spend-friends and who knows, maybe it’ll just inspire us to go find the right Credit Card to fit our finances!

Cards 78

Cards Tools ATM Management 78

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. That’s not the only way innovation with cameras can help retailers. Some of the latest developments provide evidence to support that trend. Take security cameras for starters. “We

Retail 118

Retail Innovation Video Data 118

Bank Innovation

MARCH 24, 2020

Brex, a corporate card and financial product startup that has raised $315 million in equity and reached a reported valuation of $2.6 Within our sector, we definitely may have a slowdown, but it’s not doomsday, where nobody […].

Marketing 199

Marketing Capital Cards Report 199

BankBazaar

MAY 7, 2024

BankBazaar.com, India’s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 in co-brand Credit Cards in force compared to the previous year. 215 Crore in FY24.

Branding 78

Branding Cards Fintech Leadership 78

PYMNTS

MAY 19, 2017

In the complex payments space, it’s often innovate-or-die, especially when it comes to cross-border payments methods and payments technologies. PYMNTS: How would you define your company’s approach to innovation? Technological innovation is the backbone of WEX — we’re a technology company first.

Innovation 123

Innovation Payments Technology Security 123

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Cards 118

Cards Fraud Taxes Data 118

PYMNTS

JANUARY 20, 2017

Though innovation across the commercial payments landscape is alive and well, there are key issues facing businesses as money moves between buyers and suppliers. Playing The Virtual Card. This is where I think that the triangulation of these elements comes together in the commercial card arena,” Mehra said.

Innovation 100

Innovation Payments Cards Mobile 100

PYMNTS

NOVEMBER 17, 2017

One area of (overlooked) potential lies with credit cards. We have definitely seen instances where community banks are innovating to meet the unique needs of their customer base,” he told PYMNTS. Issuing cards and creating a payments strategy, he said, can help community banks innovate in effective and exciting ways.

Community Bank 115

Community Bank Community Cards Lending 115

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. Could this be a case of good intentions gone awry? Time will tell.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

MARCH 27, 2019

Netflix and Amazon most definitely will not. For payments peeps, the day’s highlight event was the announcement of the coming Apple credit card. Released through Apple Pay, the coming card will allow customers to apply for and be approved via Apple Wallet. That card will come with no card number or expiration date on it.

Apple 118

Apple Cards Course Los Angeles 118

PYMNTS

JULY 2, 2020

On the upside, this digital gold rush has created an opportunity for merchants to push about a decade’s worth of digital innovations out the door in weeks. Sevounts said Kount has also recently noticed an uptick in “card-testing fraud.” Once they determine it is, they level up to the bigger fraudulent transactions.

Fraud 280

Fraud Cards System Tools 280

PYMNTS

NOVEMBER 17, 2020

The rising trend of digitization in commerce and the increased occurrence of card-not-present fraud were not created by the COVID-19 pandemic. Not having the use of their card for a period of time or access to their credit limits or access to their money — it's a big deal.

Fraud 316

Fraud Michigan Security Cards 316

PYMNTS

JUNE 28, 2020

BNP Paribas has been one of the pilot banks involved in the SWIFT g4C working group, and it contributed to the definition of the standards for the project, according to the release. In addition, both companies said the partnership and v-cards would help to reduce the risk of fraud and streamline onboarding support.

Payments 192

Payments Charlotte Cards Fraud 192

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

AUGUST 7, 2020

Transactions once conducted by trading pieces of gold are now accomplished through digital means, with both parties using cards, wire transfers or even smartphone apps to send or receive funds. Growing numbers of FinTechs are also forcing banks to innovate or be left behind. They are definitely more agile.

Payments 301

Payments Fintech Innovation US 301

PYMNTS

DECEMBER 1, 2016

Though credit cards may have taken the top spot as the overall preferred way to pay for the first time in TSYS’ U.S. So, here’s a surprise: Consumers would pick a product ranked number one in security over one ranked number one in rewards when selecting a new card. Cash Holds Steady. Consumers still love their cash.

Innovation 100

Innovation Payments Study Security 100

PYMNTS

NOVEMBER 8, 2017

Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting. FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

JANUARY 21, 2019

It also goes with the territory anytime a new innovation comes to market. “I Ten years later, you couldn’t get a car without them,” noting that some innovations quickly become a consumer standard because they completely upgrade and transform the experience. A Tale Of Two Business Types. A Tale Of Two Business Types.

Payments 185

Payments Innovation ATM Cards 185

PYMNTS

DECEMBER 11, 2020

Herron said that means retail needs to catch up and start rethinking a model that is “definitely broken right now” when it comes to shopping in a physical store. For 2020, they’ve had to pack years of innovation and digital progress into months, simply to keep up with radically reoriented consumer behaviors. The Coming Landscape.

Retail 273

Retail Meeting Customer Experience Online 273

PYMNTS

APRIL 7, 2020

In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The firm’s offerings can be accessed through desktop, mobile and a tangible debit card. The online personal finance firm will pay total purchase consideration of $1.2

Financial Technology 151

Financial Technology Technology Innovation Fintech 151

BankBazaar

JULY 28, 2020

On our 12 th birthday, we’d like to treat you to these 12 Credit Cards, handpicked just for you. It’s been 12 years since we embarked on this incredible journey of bringing financial products such as Credit Cards and loans closer to you. Why stop with Credit Cards, you may ask? 12 Credit Cards, Just For YOU!

Cards 78

Cards Online Taxes Industry 78

PYMNTS

AUGUST 3, 2020

The panel — Ondot CEO Vaduvur “VB” Bharghavan ; Doug Brown , senior vice president and general manager of digital banking at NCR ; PSCU CEO Chuck Fagan ; and Scott Zimmer , executive vice president, innovation and experience design officer and head of venture investing at Truist — said that’s hard to answer.

Apple 269

Apple Mobile Innovation Fintech 269

BankBazaar

JANUARY 18, 2021

In today’s age of 24×7 connectivity, scammers and fraudsters are coming up with new and innovative ways to get access to your personal and financial information. For a worry-free banking experience, get your Credit Cards and Personal Loans via a 100% contactless KYC process by clicking the link below. Explore BankBazaar.

How To 60

How To Innovation Cards Fraud 60

PYMNTS

OCTOBER 19, 2020

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque , president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. And in many cases, you’ve got different vendors. The Best Mix .

Payments 276

Payments Fintech System Cards 276

PYMNTS

MARCH 28, 2019

The global financial messaging service said last week that six Spanish banks – covering roughly 85 percent of the cross-border payments market tied to that country – have signed on to SWIFT global payments innovation (gpi for short). As reported last week, each bank is live on the service, and gpi is being used for cross-border payments.

Apple 166

Apple Payments Cards Report 166

PYMNTS

JANUARY 17, 2020

When you’re a small business, and you have 60 or 80 payments a month, automation is nice, but it’s definitely not the value proposition that will shift businesses off checks.” ” Perhaps the most obvious reflection of this challenge can be seen in the commercial card space. Where Faster Payments Fits.

Payments 154

Payments Tools Cards Technology 154

PYMNTS

MARCH 6, 2020

Our findings are at once sobering and encouraging: Just 10 percent of FIs report using AI that meets our specific and narrow definition. percent increase from our previous study conducted in 2018, the AI Innovation Playbook , which showed a usage rate of just 5.5 This represents a 69.7 percent of them. In contrast, 9.3

Data 204

Data Fraud Study Compliance 204

PYMNTS

APRIL 10, 2019

Instant payments, voice and visual search, AI/ML digital card management – there are all kinds of promising possibilities. The promise is definitely big, but the progress is still catching up. 1.17: Number of times a year, on average, that a consumer needs to replace highly used cards.

Fraud 148

Fraud Cards Tools Data 148

PYMNTS

DECEMBER 9, 2019

Stepping into this hot mess have been innovative card products, digital checks and cloud tools that enable more companies to bring indie contractors into the fold. No unified definition of “gig economy worker” has emerged from the government. Banking on Instant. workforce in 2020. workforce in 2020.

Millennials 130

Millennials New York City National New York 130

PYMNTS

MARCH 11, 2020

Systems fitting our definition must have current business applications and be able to work with and learn from dynamic data sets in real time, and these capabilities must be able to associate with specific entities within a system.”. The Semantics of AI. Big Banks Get AI.

System 247

System Technology Analysis Resources 247

PYMNTS

MAY 7, 2020

the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. This definitely would be extremely good and also extremely safe for U.S. Regulatory Hurdles Trip Up Disbursement Innovation. payments market is behind that of Europe, but U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

DECEMBER 26, 2016

The company’s two recently announced partnerships , with credit card issuer Citibank and FinTech firm FIS, are the first two public proof points of its intentions. Both will enable an easy provisioning of PayPal cards via the bank’s mobile app, and both will enable a co-branded experience for the banks. Though most U.S.

Cards 111

Cards Online Mobile Payments 111

PYMNTS

DECEMBER 13, 2017

Pointner believes physical ID cards will one day give way to digital IDs. Many governments are already experimenting with this approach, he explained, and others are using distributed ledger and blockchain technology to create identity systems, an application that makes sense if innovators can make it work.

Cards 156

Cards Security Data Online 156