PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

National 122

National Innovation Customer Experience Payments 122

PYMNTS

NOVEMBER 30, 2020

The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” Outback Steakhouse Debuts Curbside Gift Card Concierge. A member of the restaurant team will then go to the vehicle to finish the gift-card purchase.

Innovation 150

Innovation United States Cards Study 150

CFPB Monitor

JULY 27, 2021

Earlier this month, Democratic Senators Dick Durbin, Jeff Merkley, Richard Blumenthal, and Sheldon Whitehouse introduced the “Protecting Consumers from Unreasonable Credit Rates Act,” which would establish a 36% all-in rate cap for all open-end and closed-end consumer credit transactions, including payday loans, car title loans, overdraft loans, credit (..)

National 78

National Mississippi Groups Cards 78

PYMNTS

APRIL 3, 2018

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S. to Ingenico Group ’s Telium Semi-Integrated solution. Ingenico Group has helped KFC U.S.

Groups 101

Groups Payments Kentucky Customer Experience 101

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. In addition, U.K.

Cards 168

Cards Groups Payments Regional 168

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

Millennials 199

Millennials National Groups Cards 199

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts. The greatest concern is whether the U.S.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

FEBRUARY 20, 2018

Same Day ACH became a reality in 2017 after the National Automated Clearing House Association (NACHA) introduced its faster payments infrastructure to the market. In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level. In the U.S.,

Groups 108

Groups Payments cryptocurrency Cards 108

PYMNTS

MAY 6, 2019

Coverage includes the debut of Hong Kong’s MeReal Biometrics Keyper smart fingerprint card. MeReal Biometrics, a biometric card maker based in Hong Kong, has debuted its Keyper smart fingerprint card, according to reports. The card offers multiple forms of communication ranging from contact to sound waves and contactless.

Cards 108

Cards Capital Mobile Security 108

PYMNTS

AUGUST 13, 2019

last year, according to the National Retail Federation , a trade group. Even so, the trade group said that “with fewer families surveyed saying they have children in grades K-12, spending is expected to total $26.2 Retail back-to-school spending for families will hit an average of $696.70 this year, up from $684.79

Retail 127

Retail Innovation Course Trends 127

PYMNTS

SEPTEMBER 16, 2019

billion cards, which makes up about 57.6 percent of the cards in circulation around the world. As the world’s largest card scheme in terms of card issuance, UnionPay will be one of our key alliances in Asia,” said Georg von Waldenfels, EVP of group business development at Wirecard. UnionPay has issued more than 7.59

Cards 170

Cards Innovation Financial Technology National 170

PYMNTS

MAY 1, 2017

Still, Jana’s activism will likely continue to positively influence investor sentiment and share value with it as long as the prospects for innovation (and maybe even a sale) stay in sight for the organic grocer. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss.

National 100

National Las Vegas Texas Columbus 100

PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

Fintech 209

Fintech Payments Oregon Cards 209

PYMNTS

FEBRUARY 20, 2020

Yet, what if these companies extended their presence into banking by offering accounts that improved the way consumers use and manage their credit cards and debit accounts? For the Building A Better App: Banks And The Innovation Imperative Report , a collaboration with Ondot , PYMNTS surveyed more than 3,000 U.S. In fact, 24.3

Cards 146

Cards Data Management Mobile 146

PYMNTS

SEPTEMBER 28, 2020

Plus, a new challenger bank in Italy has plans for the nation's largest open banking platform. Enel X , the business unit of Enel Group, Europe's largest utility, recently revealed in a press release a new partnership with open banking technology provider Tink. HighRadius & Commerce Bank. Tink & Enel X.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

AUGUST 11, 2020

“Fraud prevention solutions need to address the most common types of insurance fraud, like bots that submit illegitimate bulk quotes to open fake policies by using consumer information” that is purchased or stolen, Jay Sarzen, senior analyst, Aite Group, said in the announcement. These “are dream setups for a fraudster,” he added.

Fraud 234

Fraud Industry Idaho Customer Experience 234

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177

Boston Security System Cards 177

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Singapore’s Fast and Secure Transfers (FAST) scheme also received a 4 score on the innovation scale, which focuses on accelerated inter-bank transfers as well as direct debits.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Time will tell.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

DECEMBER 9, 2019

Instant” is becoming the posted speed limit nationally and globally for transactions. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world. It’s a disconnect that could not be more glaring. But the situation is righting itself as dynamic market forces reshape payments. The Big Gig.

Millennials 130

Millennials New York City National New York 130

PYMNTS

JANUARY 29, 2019

As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank. million credit cards, 15.8 million debit cards and 10.8 million prepaid cards. The bank has also estimated that the tally includes 4.4

Fintech 145

Fintech Cards System Groups 145

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance. According to Kristen E.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JULY 9, 2020

There’s no single path to payments infrastructure innovation. And still for others, like InstaReM, payments innovation involves a mix of infrastructure. Below, PYMNTS rounds up the top stories in payment rail innovation. For others, including AeroPay and Oxbury Bank, the journey involves adding value onto existing rails.

blockchain 193

blockchain System Payments Innovation 193

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. and Summit Financial Group, Inc. Expect more deals to be announced in 2024. execute one of the few MOE deals forming an $8.2 But wait, there is more.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

FEBRUARY 2, 2021

City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. Virgin Money Taps Codat For Data Sharing. In support of that initiative, investors have placed $15 million in Series B funding for U.K.-,

Fintech 142

Fintech Miami National Data 142

PYMNTS

MARCH 7, 2019

Coverage includes the State Bank of India (SBI)’s work with FSS (Financial Software and Systems) on “One Nation One Card.” The State Bank of India (SBI) is collaborating with FSS (Financial Software and Systems) to bolster the “One Nation One Card” program, according to reports. still rely on cash for some purchases.

New York 139

New York Cards Software Leadership 139

PYMNTS

DECEMBER 29, 2020

Morgan acquired the rewards division of cxLoyalty Group Holdings. Morgan Chase has agreed to acquire the rewards division of cxLoyalty Group Holdings to help expand its rewards content in categories such as merchandise, gift cards and travel. billion packages this holiday season. With an eye on the future of travel, J.P.

Payments 141

Payments Fraud Tools Video 141

Abrigo

MAY 8, 2024

But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar. That compares to 39% of global or national banks with more than $10 billion in assets.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

JANUARY 8, 2020

The continuing push by the country’s government may find friction, with debit cards as the epicenter — making the cards, essentially, free for merchants to accept may have repercussions elsewhere in the payments ecosystem, as others shoulder the cost. Of that tally, as many as 500 million of the cards are RuPay cards.

Cards 130

Cards Payments Course National 130

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

NOVEMBER 26, 2019

To help hockey players stay up to date on the latest sports equipment, eCommerce innovator the PenaltyBox offers subscription boxes comprised of a myriad of hockey essentials, from well-known brands to up-and-coming companies the PenaltyBox team tests themselves. The company’s largest target market is the 12-and-under age group.

Community 161

Community United States Groups Exercises 161

PYMNTS

JULY 17, 2017

Department of Transportation’s national count in 2016, there were 3,378 bike-share docking stations across 104 U.S. Because the technology allows us to see where the bikes are, we can reward for returning them — we actually have groups of hunters who bring the bikes to places of demand to collect the rewards.”. As of the latest U.S.

Innovation 120

Innovation Los Angeles Metro Mobile 120

PYMNTS

JANUARY 27, 2020

Siam Commercial Bank and BNP Paribas, as well as SoftBank’s spun-off SBI Group. The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV. With these new strategic investors, we are well placed to be the go-to provider for the next wave of Fintech innovation.”.

Payments 130

Payments Fintech Software National 130

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

DECEMBER 26, 2016

The company’s two recently announced partnerships , with credit card issuer Citibank and FinTech firm FIS, are the first two public proof points of its intentions. Both will enable an easy provisioning of PayPal cards via the bank’s mobile app, and both will enable a co-branded experience for the banks.

Cards 111

Cards Online Mobile Payments 111

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

Fintech 166

Fintech New York US National 166