PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. Consumers panic and call their issuers to question these charges.

Cards 220

Cards Online Fraud US 220

PYMNTS

MAY 28, 2019

But let’s not forget the role of the teenager in digital retail, financial services and transactions. According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. Retail and Teenagers. The latest evidence of that comes from Europe.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

MARCH 20, 2018

Bank of America announced news on Tuesday (March 20) that customers can now add multiple credit and debit cards to their PayPal account without having to use a laptop or desktop computer. The ability to add cards within PayPal will come later this year, the company said. over the course of the next four years.

Mobile 124

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PYMNTS

JULY 3, 2019

Digital challenger banking startup Airfox has announced a partnership with Mastercard Brazil to expand the availability of low-cost banking solutions, according to a release by the company. Airfox’s push toward inclusion is apparent in its Brazilian banking service called banQi, which is free. .”

Digital Banking 100

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PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2

Cards 131

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PYMNTS

SEPTEMBER 20, 2016

19) the availability of a fully electronic PIN code distribution for its cards. debit cards from Hello Bank!, the BNP Paribas Group’s digital bank active in Italy. According to the release, the customer gets the PIN for the card in the restricted area of the Hello Bank! platform, TAS noted.

Cards 100

Cards Groups Security Innovation 100

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2

Cards 130

Cards Data Training Community Bank 130

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. We are pleased to partner with Lumin Digital to provide these necessary digital banking services to our members.”.

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Tennessee Mississippi Digital Banking Payments 206

PYMNTS

AUGUST 6, 2020

The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s In its announcement, Bottomline highlighted the enhanced payer experience, as well as the ability to reduce card fees for recipients, as key benefits of the solution.

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Fintech Cards Technology Samsung 277

Gonzobanker

OCTOBER 27, 2022

In early October, the Federal Reserve finalized a rule, known as Regulation II (Debit Card Interchange Fees and Routing), that requires every debit card transaction to have access to two unaffiliated payment card networks. The Federal Reserve reported that 23% of debit card transactions were CNP in 2019.

Cards 78

Cards Fraud Regulation Trends 78

PYMNTS

MAY 27, 2020

Bad actors may dial into call centers and pretend to be legitimate customers to trick staff into revealing details about the individuals, which could then be used to figure out the victims’ digital banking logins. Otherwise, the fraud could continue unnoticed.

Fraud 245

Fraud How To Strategy Analysis 245

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

Retail 78

Retail Digital Banking Fintech Regulation 78

NCR

JULY 31, 2017

As we explored in the first part of this two-part guide, digital banking fraud is an escalating threat to financial institutions and their customers. Digital banking fraud can take many forms, such as identity fraud and account takeover , which are becoming increasingly common. million in 2016.

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PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Or watch its digital disruption. Payments Security As A Digital Business Enabler.

Security 100

Security CA Payments Big Data 100

PYMNTS

DECEMBER 1, 2019

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days before its conditional banking license is set to expire on Tuesday (Dec. based fund, and its U.K. investment vehicle Silverstripe.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. Beyond the wholesale shift to digital payments, Cole told PYMNTS in a recent interview, there are pockets of growth that are seeing more digital acceleration than others as lockdowns linger and businesses reopen on a staggered basis. Security Is Top Of Mind .

Payments 262

Payments Security Millennials Retail 262

PYMNTS

FEBRUARY 3, 2020

They quickly faded into the décor of banks and street corners, becoming a prosaic feature of everyday life. And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. Solving the Branch Conundrum. Interactive Teller Machines March On.

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ATM Digital Banking Innovation Video 165

PYMNTS

DECEMBER 17, 2019

Headlines are filled with reports of service outages and data breaches , and both banks and consumers are contending with rising fraud concerns as digital banking takes off. Fraud threatens everyone, yet customers rely on their banks for protection. Bigger Banks And The Problems With Data Security.

Technology 142

Technology Fraud Data Security 142

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. Webster circled to Cardtronics’ partnerships with FIs such as Citibank and with retailers such as Target and Kroger to glean insight into how retailers are seeing a pickup in traffic amid ATM usage. Cash as a Budgeting Tool. do not accept cash.

ATM 192

ATM Millennials United States Study 192

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. Is voice banking even a blip on your digital roadmap? More competition is welcome.

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PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Read more in the Tracker.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

SEPTEMBER 29, 2020

Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary. We continue to collaborate with industry partners to bring clarity and simplicity before, during, and after transactions.

Online 243

Online Guidelines Study Fraud 243

PYMNTS

JULY 29, 2019

Mastercard is expected to report strong revenue growth in its second-quarter earnings, thanks to a continued increase in retail spending and digital transactions, according to analysts. Mastercard is also working to improve its financial services by expanding open banking and digital banking services.

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CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Why now for digital banking startups. Digital banking adoption among consumers and small businesses (SMBs) is at an inflection point. Incumbents Play Catch-Up. savings accounts.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JULY 18, 2018

mobile operator Anywhere Sim to allow customers to buy airtime credit through a network of 29,000 retailers, PayPoint said in an announcement. With the integration, consumers can buy top-ups at retailers across the U.K., Customers can send money through digital banking platform and/or the bank’s 38 branches.

National 100

National Retail Cards Digital Banking 100

PYMNTS

MARCH 25, 2020

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 percent since 2014 and 11 percent since 2018. Organizations and security developers are investing billions of dollars in fighting these fraud attempts. Casualties of these breaches in the first half of 2019 alone include 4.1

Fraud 148

Fraud Security Resources Survey 148

PYMNTS

JUNE 11, 2019

Apple Pay is supported in the Netherlands by ING, but it’s not clear whether any other banks in the country will support it. among retailers and transit systems. Revolut offers banking services that include a prepaid debit card, P2P payments and currency and cryptocurrency exchange.

Apple 166

Apple Cards cryptocurrency Tools 166

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

Bobsguide

SEPTEMBER 5, 2022

So how can financial services operators build trust in this digital age? One approach is to ensure technology is being utilised to automate simple tasks, allowing bank staff to take on new more complex responsibilities. Other banks have taken different approaches, including the use of video banking. Customers at the core.

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Independent Banker

JULY 31, 2022

When Rockland Trust synced up with an ICBA ThinkTECH Accelerator grad to launch a virtual digital banking platform, it took relationships between the community bank and its customers to a whole new level. For Rockland Trust, a $20 billion-asset community bank in Rockland, Mass., By Colleen Morrison.

Innovation 91

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Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Digital Engagement Had Great Attendance and Extracurriculars. First, there was the drama leading up to the breakup with the rich hottie.

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PYMNTS

APRIL 12, 2019

Retailers Go Mobile to Get Contactless. Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace has emerged, in which hackers are selling digital fingerprints for anywhere from $5 to $200. Card Replacement: Moment of Truth for Banks.

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Kansas City Kansas Retail Mobile 128

PYMNTS

OCTOBER 1, 2020

Security and fraud risk is also reduced, he said. The emergence, and embrace, of platforms, he said, can help bridge the great divide between the in-store, hardware laden (via terminals and NFC readers) and online payment processes, which revolve around tokenization, card not present transactions and other digital hallmarks.

Payments 271

Payments Colorado Marketing Cards 271

PYMNTS

JUNE 21, 2017

Yesterday, PayPal announced news that soon, Venmo and PayPal users will be able to send money transfers via its mobile app in a heartbeat to anyone they want — and have the receiver access and use those funds — in a heartbeat — anywhere that Visa and Mastercard debit cards are accepted. So, anywhere. The Power of Ubiquity.

Mobile 134

Mobile Cards Digital Banking User Experience 134

Bobsguide

JUNE 3, 2022

The new Banca Carige smart branches operate in parallel with the traditional network and utilise greater automation and innovative digital banking capabilities enabled by Auriga’s #NextGenBranch solutions. It also enables Banca Carige to optimize highly skilled personnel and deploy staff to more valuable activities.

Video 78

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PYMNTS

JANUARY 28, 2020

But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. The problem can be especially acute when it comes to financial institutions (FIs), said John Owens, general manager of Elan Credit Card , in a new podcast interview with PYMNTS. The age of personalized service is upon us.

Fintech 169

Fintech Digital Strategies Mobile Resources 169