PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. The Paytm cards can be used both in-store and online.

Digital Banking 238

Digital Banking Los Angeles Cards California 238

CB Insights

JUNE 7, 2021

Marqeta , a cloud-based open API platform for modern card issuing and transaction processing, recently filed its S-1 in preparation for its shares to start trading publicly in June. Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. First name. Company Name.

Cards 73

Cards Innovation Payments Fintech 73

PYMNTS

MARCH 29, 2016

According to Rurik Bradbury, VP, Identity Solutions at TransUnion, as more stores start accepting chip-enabled cards, the spike in online fraud has been remarkable – as in remarkably bad. . As more stores start enforcing the use of chip-enabled cards, he said, the spike in online fraud has been remarkable.

Fraud 100

Fraud Online Cards Security 100

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

OCTOBER 26, 2016

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, and Ingenico Labs, its innovation department, announced Tuesday (Oct. 25) they have jointly developed a completely new way to make secure online payments on a mobile device , simply by tapping a payment card against it.

Mobile 100

Mobile Online Payments Cards 100

PYMNTS

APRIL 8, 2020

Consumers have the potential to grow impatient if it takes more than a single click or tap on a screen to complete a purchase when they shop online. These innovations offer another important benefit in the midst of a public health crisis: They facilitate remote working relationships and minimize the need to exchange physical documents.

Study 224

Study United States Innovation Cards 224

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

FEBRUARY 26, 2020

For more on these and other CU news items, download this month’s Tracker. The onset of digital banking has drastically changed the way CU customers interact with their financial institutions (FIs), placing a much greater emphasis on self-services like mobile and online banking. Deep Dive: Credit Unions Face Data Breach Challenges.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. Card fraud is an ever-present threat.

Security 182

Security Fraud ATM Cards 182

PYMNTS

AUGUST 19, 2020

They can easily pay using digital wallets, cards-on-file or a wide variety of digital payment options online or in store, and transactions are expected to be fast, seamless and simple. For more on these stories and other recent headlines on everyday spending, download this month’s Playbook. About The Playbook.

Cards 233

Cards Exercises United States System 233

Perficient

JANUARY 27, 2022

The American public has long held and transferred money in digital forms, including bank accounts, online transactions, or payment apps (i.e., The full 40-page paper is available for download here: Money and Payments: The U.S. Venmo and Paypal). Conversely, a CBDC would be a liability of a central bank, like the Federal Reserve.

cryptocurrency 294

cryptocurrency Payments Policies Fraud 294

PYMNTS

FEBRUARY 27, 2020

The United States federal government issues Social Security benefits to recipients’ reloadable debit cards, for example, thus giving unbanked residents a faster, more secure alternative to receiving payments via paper checks. Not all SMBs have the funds to develop software that would let them accept debit card payments, however.

Cards 142

Cards United States Security Payments 142

PYMNTS

JULY 2, 2020

Financial institutions (FIs) are therefore expected to offer more contactless cards this year and some are also unveiling services intended to help consumers easily add cards to their digital wallets. consumers to shift as much as $100 billion in annual spending from credit to debit cards. Around the Next-Gen Debit World.

Fraud 222

Fraud Cards Florida Trends 222

PYMNTS

JUNE 29, 2017

The business of helping people look and feel their best is bigger than ever, and consumers young and old are now heading online to get their fitness fix. NutraClick is one such player delivering on changing consumer expectations, both online and in retail stores. Building up Strength Online and in the Physical World.

Online 100

Online Software Apple Mobile 100

Bank Innovation

SEPTEMBER 7, 2017

EXCLUSIVE – Payments processor Vantiv is gearing up to reveal a new digital issuing product early next year that will allow users to download a digital credit card within minutes of opening a bank account.

Payments 247

Payments Cards Fraud Data 247

PYMNTS

DECEMBER 28, 2020

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Rising generations show a keen interest in debit cards, according to a new report.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

JANUARY 6, 2020

MoneyGram reported a record-breaking online transaction growth over the holiday period. online transactions during the holidays increased almost 120 percent on a year-over-year basis. online transactions during the holidays increased almost 120 percent on a year-over-year basis. million downloads. Between Dec.

Online 130

Online Marketing Mobile Report 130

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Some online sellers eschew online marketplaces in favor of more tailored digital sales experiences, turning to eCommerce system providers for help.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 1, 2020

As consumers spend more time at home, they continue to order groceries online in far larger numbers than they ever did before the pandemic. In fact, even more consumers have shifted to ordering their groceries online over time, as 15.7 In fact, even more consumers have shifted to ordering their groceries online over time, as 15.7

US 196

US Data Online Meeting 196

PYMNTS

AUGUST 20, 2019

The needs of children are a driving force for online and mobile innovation and disruption. It’s not exactly unusual these days, of course, to find multiple eyeglass options online for both adults and children – the purchase of glasses was traditionally an expensive and friction-filled process before the spread of online sales.

Mobile 153

Mobile Los Angeles Minneapolis Trends 153

PYMNTS

MAY 4, 2020

Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. To find more about these and the rest of the latest headlines, download the Playbook.

Fraud 197

Fraud Data Tools Online 197

PYMNTS

AUGUST 4, 2017

However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S.

Community Bank 116

Community Bank Community Innovation Millennials 116

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. For more information on these stories and other payments orchestration headlines, download the Playbook.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JUNE 3, 2020

Online account openings have increased 14.5 during the past two months, for example, and mobile banking app downloads saw a 60 percent jump. Many have been carefully coordinating their digital offerings to move away from outdated core banking infrastructures, but they must pick up the pace on their innovations.

Digital Banking 131

Digital Banking Mobile Tools Online 131

PYMNTS

AUGUST 21, 2020

This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6 ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JANUARY 21, 2019

To help event organizers distribute tickets, online platforms are creating environments that efficiently work for buyers and sellers. With the company’s old mobile checkout experience, customers had to manually enter their payment information, such as credit card numbers and zip codes. “It Ticket Buying Innovation.

Mobile 164

Mobile Austin Texas Apple 164

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. WHSmith is excited to launch Mastercard’s innovative new payment method, Pay by Bank app.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

JUNE 9, 2020

The alternate payment company said the offering is available through its app, which users can download from the Google Play Store or App Store, and comes with 1.30 New Report: Home Closings Go Digital With Remote Online Notary Services. Affirm Unveils High-Yield Savings Account. percent annual percentage yield (APY).

Payments 130

Payments Retail Security Management 130

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JULY 23, 2020

These investments have to shift toward making more channels easily available … whether it’s app or online or voice or chat-based instruction. Narayan said it helps to start by picking the right jumping-off point — card relationships. Perfecting The Card Relationship. How Banks Can Beat Big Tech.

UX 165

UX Cards Google User Experience 165

PYMNTS

JANUARY 8, 2021

PYMNTS research shows that the strong majority of consumers order food using both online and offline channels. It is also important to provide a wide variety of options that consumers can use not only to order food online, but also to earn loyalty and rewards programs benefits.

Data 185

Data United States Meeting Online 185

PYMNTS

FEBRUARY 27, 2020

Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime. Many of these companies are turning to new and innovative techniques, such as machine learning, to counter this threat.

Fraud 150

Fraud Examples Online Data 150

Abrigo

MAY 22, 2024

DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. Online fintech lenders and merchant cash advance providers are also making up ground.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

DECEMBER 4, 2018

With Apple Pay, the company noted that a one-time unique dynamic security code authorizes each transaction, and that credit or debit card numbers aren’t stored on devices or on Apple’s servers. To use the service, customers can activate the ‘Monhey’ app in the UniCredit app or download the Google Play application.

Google 148

Google Apple Payments Samsung 148

PYMNTS

FEBRUARY 19, 2019

But the report noted that “the most common reason managers don’t like features like self-service kiosks and online ordering is that they believe customers don’t like them.” However, many QSRs, from Dunkin’ Brands to Taco Bell , are tuning to these digital innovations. Roughly 83.6 And approximately three quarters – or 73.9

Apple 174

Apple Branding Innovation Cards 174