PYMNTS

FEBRUARY 9, 2018

Telematics company Airmax says fleet card fraud will be “a thing of the past” thanks to technology. The company analyzed data from its Airmax Remote Premium Plus solution and found greater accuracy of mpg calculations through the use of such a tool, as compared to monitoring fuel performance from data provided by fuel card transactions.

Fraud 100

Fraud Cards Survey Management 100

PYMNTS

APRIL 15, 2016

Payment Systems Regulator last month has now led corporate payment company AirPlus to change its operations, according to reports on Thursday (April 14). AirPlus revealed that it will replace its individual pay corporate cards with cards that fall under the EU’s definition of a card product to which interchange fee caps apply.

Cards 100

Cards Regulation System Payments 100

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 8, 2020

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. What we are learning now is that the definition of ‘unified commerce’ is a lot more flexible.”.

Cards 260

Cards Fraud Online Operations 260

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Cards 109

Cards Fraud Regional Training 109

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

JANUARY 25, 2021

It is definitely getting very cluttered. According to the company, one of the reasons for PayDirect’s development is the clunky state of the customer journey associated with card-based payments and the resulting low conversion. The reason is that you don’t need to remember any payment details, card numbers or bank numbers.

Online 300

Online Meeting Payments Cards 300

PYMNTS

NOVEMBER 6, 2020

For nascent eCommerce firms, too, there is a bit of a chicken-and-egg problem when it comes to banking, she added, and in getting operations up and running. Many acquirers may not provide a merchant account for card processing unless a merchant shows that they have a bank account to receive their settlement funds from that acquirer.

Payments 246

Payments Compliance Operations Resources 246

PYMNTS

MARCH 14, 2019

The app, available for download in the Google Play store and coming soon to iOS, will allow customers to check balances, request debit cards, pay with their phones and more. “The purpose of (the) new app is to segregate its operations from the existing app, which caters to customers of several group entities. .

Mobile 188

Mobile Cards Google Marketing 188

CFPB Monitor

MARCH 26, 2015

The American Bankers Association has submitted a 46-page comment letter on the CFPB’s proposed prepaid card rule. The ABA recommends that the CFPB narrow the definition of prepaid account to cover an account whose underlying funds are only accessed through a card (or card number) that is processed through the card networks.

Cards 60

Cards Compliance Community Bank Operations 60

PYMNTS

JANUARY 29, 2019

And in some cases, like surcharging for credit card fees, it is a backward and forward evolution, depending on whose definition of “consumer good” is ascendant at the moment. 4 months: The extension Amazon has requested to get its Indian operations compliant with the coming law change. . $20 74 percent: Share of U.K.

Data 116

Data Cards Regulation Operations 116

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Lending 122

Lending Cards FDIC Capital 122

BankBazaar

JULY 26, 2023

BankBazaar posted a 51% YOY increase in revenue in Q1-FY24, driven by its portfolio of co-branded Credit Cards and P ersonal L oans , closing FY23 with audited revenue of ₹159 crore (66% revenue growth from FY22). This performance is against the backdrop of Credit Card spends in India hitting a record high of ₹1.4 Read on for more.

Branding 78

Branding Cards Fintech US 78

ABA Community Banking

JANUARY 13, 2019

There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit Consumer Credit Financial Research Feature Financial Trends Risk Management Security Operational Risk Credit Risk Cyberfraud/ID Theft Feature3 Fintech.

Cards 40

Cards Risk Management Trends Fintech 40

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

MAY 13, 2019

The proposed credit card interest rate cap legislation , courtesy of Democratic presidential hopeful Senator Bernie Sanders and Rep. Gas station operators followed the government’s rules. Station operators also began charging for services that were once offered for free, such as washing the windshield and checking the tires and oil.

Cards 195

Cards Operations Course Regulation 195

Abrigo

APRIL 13, 2017

Business owners don’t have to imagine the stress that this kind of tight situation can add to operating a business. The Definitive Guide to Improving Cash Flow explains how to identify areas where poor cash flow impacts the operations and growth of the business so the benefits of improving cash flow are clear and can inspire change.

eBook 170

eBook Analysis Resources Taxes 170

PYMNTS

OCTOBER 19, 2020

He told Webster companies that formerly relied heavily on checks have had no choice but to move to digital forms of payment like virtual cards or ACH. You’ve got a process for paper checks, [but] you’ve got a different process for cards [and] you’ve got a third process for ACH,” he said. And in many cases, you’ve got different vendors.

Payments 276

Payments Fintech System Cards 276

PYMNTS

APRIL 28, 2020

“They’re responding to what’s going on in their environments,” noted Salzer, “whether it may be the particular statistics for hospitalizations and COVID-19-related deaths or governmental orders that may apply to their branches and operation centers.”. Digital banking will also become more widespread. “As

Digital Banking 248

Digital Banking Online Fraud Customer Experience 248

PYMNTS

JULY 15, 2020

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. I think [that] is definitely a positive, both for the retailer and consumer.”.

US 206

US Retail Millennials Trends 206

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. They are definitely more agile. They’re definitely faster. So, there’s definitely an opportunity and a threat at the same time.”.

Payments 301

Payments Fintech Innovation US 301

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 of FIs report using genuine AI, which by our definition must be capable of self-learning and adapting to new information in real time. This represents a 69.7 percent of them. In contrast, 9.3

Data 204

Data Fraud Study Compliance 204

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. In the process of tokenization , the credit card data – such as the card number – is replaced by non-sensitive data. In the outsourced model, the card data is submitted to a cloud tokenization provider, which returns tokens to customers.

Compliance 179

Compliance Data Security eBook 179

PYMNTS

JANUARY 18, 2021

According to Wheldon, the introduction of AP functionality was a natural extension of Rho's existing payments offerings, which include domestic and foreign transaction capabilities, card payments and more. It's definitely more of a process-driven payment," he said. "It The bank is the single database for a business," said Wheldon. "The

Digital Banking 165

Digital Banking Data Fintech User Experience 165

PYMNTS

OCTOBER 31, 2018

WEX inked new agreements with Chevron and Fleetcor that shifts the Chevron portfolio to WEX, the company noted, also bolstering growth in its fleet card and fuel payments operations. percent year-over-year revenue increase for its travel and corporate solutions operations, with revenues hitting $82.8 ” WEX posted a 35.7

Payments 182

Payments Cards Strategy Operations 182

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. The result? Where Faster Payments Fits.

Payments 154

Payments Tools Cards Technology 154

BankBazaar

MAY 29, 2022

Using this new feature called Interoperable Cardless Cash Withdrawal (ICCW), customers will be saved the trouble of carrying their cards or remembering their ATM PINs. The Reserve Bank of India has directed banks to provide this ICCW option at ATMs in a bid to prevent card-related frauds such as cloning, skimming and device tampering.

ATM 88

ATM How To Metro Cards 88

PYMNTS

OCTOBER 16, 2020

Consider a typical credit card purchase. A consumer swipes their card and walks away with their goods thinking that the payment is complete. It’s really hard to meet and look at future needs while still maintaining the day-to-day operations that are required.”. Reducing ‘Technology Debt’.

Payments 316

Payments System US Technology 316

PYMNTS

OCTOBER 15, 2020

With ReplyBuy, we'll operate in two-way conversations into that experience. The technology was also a key factor in the success of GameStop’s mobile wallet loyalty card. Before the pandemic, I think there were definitely the beginnings of momentum for conversational commerce,” noted Numa CEO Tasso Roumeliotis.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

NOVEMBER 23, 2018

It’s a marketing term used to describe unknown or uncharacterized parts of the Internet, and no two definitions are the same.”. Another term to know is “carding” — that’s the catch-all world criminals use for crimes that involve stolen payment card data , Rogers explained. Dark Web’ doesn’t mean anything,” Rogers told PYMNTS.

Fraud 184

Fraud Cards Data Maine 184

PYMNTS

SEPTEMBER 29, 2020

Consumers are also beginning to adopt new payment methods, eschewing cash for debit cards, credit cards or mobile wallets that can be used for brick-and-mortar as well as online transactions. It is definitely getting more and more clear that [merchants] need to [support] several [payment methods],” Paran said.

Payments 172

Payments Regulation Online Retail 172

PYMNTS

MAY 26, 2016

. “And as our suit alleges, we’ve discovered that Domino’s headquarters was intensely involved in store operations and even caused many of these violations.” ” Reports said the case focuses on three company franchises, which collectively operate 10 locations across New York City.

Software 101

Software New York New York City Michigan 101

PYMNTS

MAY 13, 2019

In order to make a payment, consumers can add their UnionPay cards to a mobile app and tap “Pay and Receive” to allow the cashier to scan a QR code or scan a retailer’s QR code signage. According to a Standard Chartered report cited by the news outlet, Vietnam credit card ownership is comprised of only 4.1 percent and Indonesia at 30.9

Comparison 108

Comparison Technology Cards Mobile 108

PYMNTS

NOVEMBER 6, 2019

The holiday Birchbox features will be in a “grab-and-go holiday gifts” format at the front of the store with the inclusion of items such as beauty essentials in travel sizes; Birchbox subscription gift cards; an Advent calendar collaboration between Birchbox and Walgreens; and limited-edition Birchbox Grooming and Birchbox Beauty boxes.

Millennials 101

Millennials Retail Training Cards 101

PYMNTS

JUNE 6, 2019

In the rush to offer technology as an aid to capturing revenue in the form of discounts and rebates for paying promptly or early, any number of vendors offer “integrated” solutions to banks — which, in turn, work with corporate clients to manage treasury operations.

Management 179

Management Cards Payments Technology 179

BankBazaar

APRIL 13, 2022

National, April 07, 2022: BankBazaar.com , India’s largest fintech co-branded credit card issuer and online platform for free credit score, reported that it is profitable in March 2022. The company aims to have one million co-brand credit cards in circulation within two years. BankBazaar grew operating revenue 48% in FY22 over FY21.

Branding 78

Branding Strategy Cards Fintech 78

PYMNTS

NOVEMBER 6, 2018

GlobalData Retail Managing Director Neil Saunders said, according to CNBC, “While this is a shallow gain, it is most definitely a step in the right direction. However, front-end sales revenue, which encompasses products such as household items and greeting cards, increased by only 0.2 and revenues of $46.7 billion respectively.

Retail 128

Retail Operations Report Management 128