PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

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Cards Meeting Mobile Digital Strategies 283

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Plus, Australia mulls mandatory eInvoicing, and Emirates NBD launches an omnichannel corporate banking offering.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

FEBRUARY 7, 2020

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. If a customer goes over that limit on several card payments, then they’ll have to enter a pin.

Cards 204

Cards Regulation Digital Banking Maine 204

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

APRIL 30, 2019

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced.

Digital Banking 179

Digital Banking Payments Software Fintech 179

PYMNTS

DECEMBER 5, 2019

Grab is introducing Asia’s first numberless card in batches, with Singapore launching on Thursday (Dec. The digital GrabPay Card is powered by Mastercard and offers users seamless payments integration and an expanded rewards system with a limited promotion giving up to 10x GrabReward points for every dollar spent.

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Cards Digital Banking Retail Payments 159

Chris Skinner

MARCH 3, 2020

I just found that Deutsche Bank Research issued three in-depth reports in January looking at the future of payments: Part I: Cash: The Dinosaur Will Survive… For Now Cash will survive. But digital currencies’ potential could re-balance global economic power.

Cards 504

Cards Report Payments Digital Banking 504

PYMNTS

JUNE 29, 2020

s Financial Conduct Authority (FCA) mandated that Wirecard ’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the U.K. digital banking apps such as Anna, Curve, U Account and Pockit since they depend upon the technology of Wirecard to handle payment processing, per the CNBC report.

Digital Banking 150

Digital Banking Cards Regulation Payments 150

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

Los Angeles 192

Los Angeles Digital Banking Analytics Mobile 192

PYMNTS

OCTOBER 6, 2020

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. Lesher said a few key features comprise a modern, digital-first offering.

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Cards Mobile Community Bank Community 224

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. SmartHealth PayCard is enabled with the agile processing of i2c and is offering the first healthcare-only credit card.

Cards 175

Cards Digital Banking Fintech Mobile 175

PYMNTS

SEPTEMBER 28, 2020

And in finance, credit unions are stepping up to support individuals and companies with digital banking products and greater leniency on extending loans. 66.7%: Share of CUs with more than $5B in assets that planned to roll out virtual cards prior to the pandemic. All this, Today in Data.

Digital Banking 133

Digital Banking Innovation Cards Data 133

PYMNTS

JANUARY 13, 2021

India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid the ongoing COVID-19 pandemic. “We Paytm offers a wide array of digital products throughout India, including a merchant payment platform, money transfers, and bill payments.

Digital Banking 156

Digital Banking Conference Lending Payments 156

PYMNTS

DECEMBER 27, 2019

Strong balance sheets in key areas like credit card debt ($64.4 But change is in the air, and it’s the intoxicating scent of digital transformation. Specifically, the metamorphic impact of mobile open banking and instant payments has been the first real test of the trust bond that holds CUs together. Digital Unison.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

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Cards Management Tools Guidelines 249

PYMNTS

NOVEMBER 18, 2020

Daylight , the first digital bank for the LGBT+ community, just went live in a Nov. Daylight is just the latest member of Visa’s Fast Track program, an initiative that provides FinTechs looking to get off the ground with a bank sponsor and external payments processor.

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Digital Banking Community United States Fintech 172

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. An example of that self-service pivot lies with credit card transactions — specifically, disputes.

Digital Banking 267

Digital Banking Analytics Mobile Cards 267

PYMNTS

OCTOBER 15, 2018

consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs ‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. Barclays is ready to offer U.S.

Digital Banking 187

Digital Banking Cards Online Branding 187

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. Common plans offer four-installment payments as ways to buy items.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

MARCH 2, 2020

To provide its digital banking experience to more financial institutions, Clinc is teaming with Visa in a partnership that brings artificial intelligence (AI) technology to payments and banking customers. This kind of capability and cutting-edge AI wouldn’t otherwise be accessible without Visa.”.

Digital Banking 149

Digital Banking Michigan Cards Technology 149

PYMNTS

DECEMBER 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Grab, which started out as a ridesharing company, has been introducing finance apps and payment solutions since 2016.

Digital Banking 134

Digital Banking Groups Online Regional 134

BankInovation

AUGUST 1, 2022

As fintechs and digital banks alike grow their customer base, many recognize the importance of combining a physical card strategy with a digital […].

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Fintech Cards Payments Strategy 92

PYMNTS

DECEMBER 14, 2020

To roll out an in-depth collection of digital payment offerings for business customers, United Arab Emirates (UAE) financial institution First Abu Dhabi Bank (FAB) has teamed with Visa , according to a Monday (Dec. 14) announcement.

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Cards Security Payments Digital Banking 168

PYMNTS

DECEMBER 14, 2020

In today’s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airline’s Aeroplan credit card in the U.S., Plus, First Abu Dhabi Bank (FAB) has teamed with Visa to roll out an in-depth collection of digital business payment offerings.

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Regulation Cards Payments United States 141

PYMNTS

SEPTEMBER 15, 2020

Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit card customers to more easily manage and pay their balances. Last week, Mastercard announced its virtual testing platform for central bank digital currencies (CBDCs).

Cards 140

Cards Payments Regional Survey 140

BankInovation

OCTOBER 18, 2022

Fintech partnerships allow smaller financial institutions (FIs) to remain competitive in digital banking. Card issuer Corserv recently received its Visa Ready certification and can now assist FIs with their clients’ payment needs, Corserv Chief Executive Jerry Craft tells Bank Automation News in this episode of “The Buzz” podcast.

Cards 52

Cards Payments Digital Banking Fintech 52

PYMNTS

JULY 31, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into cloud technology for financial institutions (FIs), debit cards and a potential credit card default crisis. CEO Davies Exits Revolut After One Year.

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Cards Technology Apple Digital Banking 142

BankInovation

MAY 6, 2022

Lithuanian account-to-account (A2A) payments fintech kevin. facilitates card-free payments between banks and merchants and posits itself as a “leader” in web- and app-based A2A payments in Europe, according to a release. raised $65 million in a series A round, the company announced Tuesday. Founded in 2018, kevin.

Fintech 98

Fintech Digital Banking Payments Cards 98

PYMNTS

APRIL 30, 2020

Banks must now consider how to best expand remote services and emphasize these channels once consumers can safely visit branches again. This month’s Deep Dive examines how consumers are approaching digital banking and how FIs are leveraging online and mobile channels to prevent service gaps during the pandemic.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

JUNE 3, 2020

Digital technologies that can be quickly developed and integrated into banks’ platforms, particularly those that enable faster payments, will therefore be critical. Confronting Digital Banking Reality. The pandemic also appears to be enhancing mobile wallets’ and other online payment methods’ roles.

Digital Banking 131

Digital Banking Mobile Tools Online 131

PYMNTS

OCTOBER 9, 2019

Commercial payments company WEX has announced a collaboration with Mastercard that will allow the firm to issue virtual cards in the Middle East. 8) that it will be able to issue virtual Mastercard cards in the United Arab Emirates following approval from the Central Bank of the UAE to operate in the market.

Cards 170

Cards Resources Payments Marketing 170

PYMNTS

JANUARY 28, 2020

Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. Across The Next-Gen AP Automation Space.

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Cards New Jersey Texas System 143

PYMNTS

JANUARY 2, 2020

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. challenger bank. Customers will be able to be spend any currency they have using a Mastercard debit card. In other U.K.

Digital Banking 137

Digital Banking cryptocurrency Bitcoin Course 137

PYMNTS

NOVEMBER 9, 2020

This earnings season, the downturn has become apparent as several corporate payments technology players post losses. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Virtual Cards And Mobile Technology. Boosting The Banking Experience.

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Innovation Fintech Payments Mobile 255

PYMNTS

DECEMBER 1, 2019

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. Like competitor Kard , Pixpay wants to give teens a way to go digital and ditch cash altogether. . There are limits on ATM withdrawals and online payments.

Digital Banking 151

Digital Banking ATM Cards Capital 151

PYMNTS

JULY 14, 2020

PYMNTS research has shown that approximately 40 percent of consumers would be very interested in downloading highly functional mobile card apps that can be used to manage multiple cards, track spending and issue transaction alerts, among many other features. There is an important underlying dimension to these findings, however.

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Cards Mobile Groups Survey 197