PYMNTS

AUGUST 13, 2020

B2B FinTechs are once again showing the different use cases for corporate card technology and how these offerings add value to the enterprise. While Comdata will connect CarrierHQ fleets with access to its OnRoad Card, Convoy rolled out a new fuel card that provides trucking companies with discounts on fuel.

Cards 141

Cards Payments Fintech Examples 141

PYMNTS

MAY 6, 2020

As workforces become more decentralized, as far-flung employees still have to pay suppliers and vendors — and perhaps even travel (someday) — the stage may be set, too, for technology to help transform the way employees spend corporate money. It’s just more appropriate than ever,” he said, of the shift to virtual cards and mobile wallets.

Cards 267

Cards Management Mobile Examples 267

PYMNTS

JANUARY 22, 2020

billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo , the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. In development for over a decade, SmartMetric began designing products with biometric technology.

Cards 131

Cards Fraud Payments ATM 131

PYMNTS

SEPTEMBER 23, 2020

There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud. Some fraudsters are even impersonating government officials and asking for personal information for stimulus payments, for example, while others are targeting cryptocurrencies. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

AUGUST 11, 2020

There’s also a new Convoy fuel card that promises to save 63 cents per gallon, which will save drivers up to $12,000 a year, according to the release. “Extending Convoy QuickPay to cover non-Convoy loads, with low rates and a best-in-class fuel card, provides the industry’s leading option for savings.”

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Tools Cards Payments Examples 219

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

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Report Innovation Fintech Payments 300

PYMNTS

DECEMBER 15, 2020

A recent report found roughly 38 percent of workers in the Asia-Pacific region having to undergo manual reimbursement request processes, for example. How Virtual Card Help Healthcare Claims Processors Manage Payments. This could create high demand for change. Find more on these and other headlines in the Report.

Cards 267

Cards Payments Leadership Report 267

PYMNTS

NOVEMBER 23, 2020

Speaking with PYMNTS, Innes described how the virtual card is sometimes an optimal payment method to optimize payment flows and support the cash flow of both ends of the B2B transaction. The Virtual Card Value Prop. Yet the technology is not necessarily looking to replace ACH or other electronic payment methods outright, he noted.

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Cards Company Payments Industry 193

PYMNTS

FEBRUARY 3, 2020

Citi Commercial Cards is introducing an intelligent virtual agent (IVA) capability at its U.S. Citi will harness technology from artificial intelligence (AI) firm Interactions , which specializes in conversational AI. Citi’s Commercial Card cardholders can use their own words and speak in their own voices.

Cards 133

Cards Innovation Customer Experience Technology 133

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Cards 207

Cards Data Compliance Payments 207

PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions.

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Management Technology Cards Retail 181

PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. This month’s Deep Dive explores some of the most effective public-facing technologies that drive speed in the industry, particularly kiosks, which allow diners to customize, place and pay for orders without waiting in line.

Technology 146

Technology Operations System Cards 146

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Cards 150

Cards Google Fraud Management 150

PYMNTS

JANUARY 28, 2021

Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. Both said that card issuance can be done more easily through the scale and reach accessed through a single point of integration.

Cards 180

Cards Marketing United States Fintech 180

PYMNTS

JANUARY 9, 2020

The program is housed in an app that will provide users with a photorealistic AR experience in a 360-degree virtual environment, where they can interact with a number of displays that educate them on the features of their card. To begin, the users must scan their cards on their phones. According to the J.D. Power 2018 U.S.

Cards 131

Cards Examples Regional Apple 131

PYMNTS

AUGUST 12, 2020

When it comes to B2B payments, plenty of pain points also mean plenty of opportunity for solution providers, although no single payment technology could possible combat every B2B payment challenge today. based B2B payment solution provider that expanded into North America this year with its prepaid commercial card tools.

Cards 167

Cards Payments America Management 167

PYMNTS

MARCH 11, 2019

These systems can provide restaurants with the ability to check their inventories or update their menus, for example. But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants.

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Retail Technology Atlanta San Francisco 213

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . This technology has witnessed slow adoption in the U.S., One credit card network reported that U.S.

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Cards Survey Examples Retail 130

PYMNTS

DECEMBER 9, 2020

Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses. Credit cards may seem convenient, but using them often results in challenges when reconciling transactions and fixing errors. Such details can also be tracked faster.

Cards 155

Cards Management Tools Payments 155

PYMNTS

MARCH 4, 2020

This is why Paul Davis is turning to new technology, Floyd said. The firm is also deploying data analytics as well as fuel cards to improve its fleet management efforts. Paul Davis is also preparing to issue fuel cards to its employees, granting the company stronger control and additional data concerning employee gasoline usage.

Management 141

Management Technology Analytics Resources 141

PYMNTS

SEPTEMBER 20, 2018

In an effort to kill the check — where B2B payments are anything but efficient — might virtual cards be the answer? As ePayables have emerged as an option in the commercial realm, Yarbrough noted that a virtual card can solve problems for both buyers and suppliers.

Cards 191

Cards Innovation Industry Payments 191

PYMNTS

DECEMBER 5, 2019

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.

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Cards Payments Technology Tools 132

PYMNTS

NOVEMBER 5, 2020

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. How Virtual Cards Help Build Better Construction Pr ocurement.

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Cards Payments Groups Tools 160

Perficient

SEPTEMBER 29, 2022

Uber is one of the most prominent examples of a company reaping the benefits of the convenience posed through embedded finance experiences. Uber users input their payment information upon account creation, eliminating the need to dig through a messy purse or fumble through a wallet to find cash or a credit card to pay for a ride.

Customer Experience 294

Customer Experience Software Cards Data 294

PYMNTS

NOVEMBER 12, 2020

There’s also the safety of using debit in contactless payments, he said, where issuers had, fortuitously from a timing perspective, accelerated their issuance of contactless cards coming into 2020 and before the age of COVID-19. Card and digital transactions account for the remaining 40 percent, representing a greenfield opportunity (i.e.,

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Cards Study Exercises Meeting 161

PYMNTS

JULY 28, 2020

The debate about cloud technology’s place in the banking industry has moved beyond whether such platforms can safely transfer and store sensitive financial information. Cloud-based banking technology can help FIs keep up with digitally savvy customers, but banks must realize that no single tool is sufficient to meet their needs.

Technology 140

Technology Innovation ATM Security 140

Perficient

FEBRUARY 2, 2023

One example of this effort, which we expect to see more of in 2023, is biometric payments. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022.

Industry 471

Industry Trends social media Payments 471

PYMNTS

NOVEMBER 23, 2020

Conversely, mobile check deposit capture is real-time — and, depending on bank technology solutions, may provide real-time access to at least part of the funds. Edwards told Webster: “You can use modern technology to attack this fraud” and also ensure greater confidence in making services available digitally to good customers.

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Fraud Mobile Technology Course 252

PYMNTS

DECEMBER 17, 2019

One study determined that roughly one-third of consumers have been victimized by fraud, leading them to contact their financial institutions (FIs) to change login credentials, cancel credit cards and guard against suspicious transactions. The Technology Gap That Fosters Fraudsters. Bigger Banks And The Problems With Data Security.

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Technology Fraud Data Security 142

PYMNTS

AUGUST 5, 2019

The corporate purchasing card (p-card) has been a tool in-use for years, allowing employees to make purchases on behalf of businesses without having to trudge through the often manual and inefficient process of a traditional procurement transaction — and without forcing employees to foot the bill. Enter: the virtual card.

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Cards Tools Fraud Technology 139

PYMNTS

MARCH 19, 2019

First Data , a commerce-enabling technology and solutions company, announced Tuesday (March 19) the launch of Authorization Optimization, a digital commerce tool that optimizes card-on-file transactions to boost revenue for merchants. All of this occurs without customer intervention, noted First Data.

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Tools Data Cards Analytics 173

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. shoppers made 72.7

Cards 141

Cards Payments Security Fraud 141

PYMNTS

MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

Technology 166

Technology Payments Millennials blockchain 166

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. We expect this functionality to be widespread in the market in the coming years.

Cards 140

Cards Payments Regional Survey 140

PYMNTS

OCTOBER 21, 2020

Speaking with PYMNTS, Sohn offered insight into why prepaid debit cards are a valuable solution to not only address the payroll needs of underbanked professionals, but strengthen the employer-employee relationship while bringing more people into the digital economy. Embracing Existing Technology.

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Cards Resources Tools System 141