PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

Innovation 245

Innovation Video Course Meeting 245

BankInovation

DECEMBER 14, 2021

Prepaid payments are primed to be the main innovation rail for the Canadian payments market, as developments in automated banking and consumer technology make headway and market size grows. billion in loads, or one-time placements of money into prepaid cards or accounts, and grew 50% in 2020; […].

Innovation 98

Innovation Marketing Maine Cards 98

PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

Cards 167

Cards Apple FDIC Samsung 167

PYMNTS

JULY 23, 2020

So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members? This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. Moreover, 89.4

Innovation 174

Innovation Report Cards California 174

PYMNTS

AUGUST 20, 2019

The launch of the Apple Card is allowing Goldman Sachs to become a leader in consumer banking, according to the bank’s CEO David Solomon. In late March, Apple and Goldman Sachs announced the Apple Card , which users sign up for through Apple Pay. The card is stored in the wallet app and doesn’t have any fees.

Apple 188

Apple Cards Maine Policies 188

PYMNTS

NOVEMBER 9, 2018

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Things have changed, though, he said — one reason why that innovation finding carries such weight. “I

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. Unfortunately, credit card withdrawals and those done through traditional payment processors can take a few working days.”.

Innovation 137

Innovation Payments Taxes User Experience 137

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

DECEMBER 31, 2020

Main Street SMBs: The 18-Month Outlook. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. percent fewer Main Street SMBs are hopeful of survival. percent use debit cards and 42.1 percent made purchases via mobile in the last 24 hours. percent to 11.5

Data 277

Data Innovation Payments Millennials 277

PYMNTS

OCTOBER 6, 2020

Credit card launches happen a lot, and tend to blend together after a while, particularly for payments peeps who keep a close eye on such things. But Venmo – which dropped its first credit card for consumers on Monday (Oct. Splittable Card Payments . Instead, Venmo’s entire DNA is digital. Designing In Choice.

Cards 313

Cards Mobile User Experience Payments 313

PYMNTS

JULY 18, 2019

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. Credit Cards. Investment Trends. Among the most significant findings?

Innovation 124

Innovation Data Cards Maine 124

PYMNTS

NOVEMBER 19, 2019

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. Financial institutions (FIs) face the issue of whether to outsource their credit card programs or do it themselves – a decision that will maintain its importance in the coming new decade.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

MAY 1, 2019

Why is innovation for this crucial department often an afterthought, pushed aside in favor of more public-facing priorities, when automated solutions are available that can efficiently onboard customers, reduce errors and eliminate paper-based invoicing systems? Yet these firms were considerably more likely to embrace innovation.

Innovation 202

Innovation Survey Operations Report 202

PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. Loyalty, too, is a source of innovation. It is all but certain that in the new decade, QSRs will continue to drive retail innovation. Pickup Windows.

Innovation 153

Innovation Retail New York City Minnesota 153

PYMNTS

AUGUST 12, 2019

By the numbers, 2019 is a good year for corporate card innovation. According to the Corporate Credit Products edition of the Innovation Readiness Playbook™ , 74 percent of FIs offer corporate credit products and 94 percent are currently developing new products or planning to do so within the next year.

Cards 155

Cards Innovation Fintech Marketing 155

PYMNTS

JUNE 1, 2020

Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. But given the absence of contactless card penetration in the U.S., Gas stations are encouraging it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

FEBRUARY 25, 2019

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online.

Innovation 137

Innovation Cards Maine Online 137

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. When he looked at those languishing CCTV cameras, he realized that retail already (mostly) had the main piece of hardware it needed to start pulling better insights from the floor.

Retail 118

Retail Innovation Video Data 118

PYMNTS

NOVEMBER 12, 2018

Once consumers reach the app’s main screen, they can find photos of the product that is up for sale that day, along with options for colors and sizes, and make a purchase, if they so choose. And payment innovators are taking note, with Samsung Pay bringing new shopping and rewards features to its mobile payment service.

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

FEBRUARY 19, 2019

Those who work in and around high tech and innovation are lulled into a narrative about progress being on a march ever forward, rarely slowing, never stopping and certainly never turning around and marching in the wrong direction. . Once one gets outside of the top 25 banks in the U.S., The Soft Middle in Financial Services.

Innovation 160

Innovation Fintech Marketing Study 160

PYMNTS

DECEMBER 28, 2018

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. The offering comes as 4.9 Cashierless Checkout.

Innovation 194

Innovation Sacramento Retail Kentucky 194

PYMNTS

JUNE 7, 2018

Spending on credit cards will continue to grow, but any issuer that decides to take a breath, instead of crafting creative rewards and going after young consumers, runs the risk of being left behind. However, no trend is independent of human action, and issuers will have to work hard to ensure the health of their credit card offerings.

Cards 134

Cards Millennials Maine Data 134

Payments Source

APRIL 22, 2020

There is no denying that the upgrade to EMV will reduce certain types of fraud by noticeable amounts, but there should be no illusion that this is a “silver bullet” to a growing fraud trend, says The ai Corporation's James Crawshaw.

Maine 95

Maine Fraud Innovation Trends 95

PYMNTS

OCTOBER 10, 2018

In fact, 62 percent of customers said innovations would make them more inclined to visit QSRs in the future, according to the latest PYMNTS Restaurant Readiness Index. Key Findings: Eighty-seven percent of customers used cash or card to pay for their orders. That said, different customers have different expectations.

Innovation 152

Innovation Customer Experience Data America 152

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposers are the ecosystem wild card. Decomposer for innovator large or small, established or emerging. An Ecosystem By Any Other Name. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

SEPTEMBER 4, 2018

What does the future hold for the plastic payment card? Or will cards with cutting-edge technology win more loyalty from shoppers? The main message he offered? The payment card has “a long life ahead of it,” he told Karen Webster. Indeed, new payment regulations seem to be pushing payment cards toward the future.

Cards 110

Cards Payments United States Maine 110

PYMNTS

DECEMBER 3, 2019

Even so, innovators from third-party apps to restaurant chains themselves are offering mobile options that extend beyond delivery. And close to half of the respondents were most worried about the theft of their credit card data, while a slightly smaller portion of respondents was worried about an ATO.

Innovation 130

Innovation Mobile Fraud Cards 130

PYMNTS

MARCH 6, 2017

It may seem at first glance that credit cards are no font of innovation. Cards are issued, cards are lost and cards must be cancelled, often to the headache of consumers and issuers alike. For credit cards, where nothing really has changed, Frank agreed, a feature could be a different rewards proposition.

Cards 132

Cards Innovation Apple Examples 132

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

MAY 22, 2020

Moreover, all demographic groups are far more likely to use phone than email or chat to reach card service departments — and this method is associated with higher satisfaction and resolution rates. Our data suggests that card customer service departments must be equipped to address these fundamental concerns.

Cards 216

Cards Data Millennials Report 216

PYMNTS

APRIL 13, 2020

Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. Bank and was in charge of fleet card programs. “As He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

JUNE 24, 2016

Oberthur Technologies (OT), a provider of embedded security software products and services, has rolled out a multi-payment dual interface card. This card, developed on OT’s Global Platform, is the first of its type that includes new features from both Visa and MasterCard. dual debit and prepaid migration.

Cards 102

Cards Pennsylvania Payments United States 102

PYMNTS

JULY 27, 2020

Our surveys found that like most consumers and businesses, Main Street SMB owners thought in March that the lockdowns would last two or maybe three months tops. The PYMNTS study found that sluggish sales figures have cut cash flow for Main Street SMBs hard as the pandemic grinds on. But even then, 58.4 percent of U.S. Cash Flow Woes.

Maine 234

Maine Payments Study Survey 234

PYMNTS

MARCH 24, 2020

Determining a company’s main motivation is especially important since the lines between payments monetization and customer experience continue to blur. In other words, when it comes to embedding payments, this age-old question must be addressed: Whether to build, buy or partner. Data is key, of course, when it comes to payments.

Innovation 141

Innovation Payments Software Customer Experience 141

Celent Banking

JANUARY 22, 2015

On the social aspect of banking, Banco Colpatria in Colombia offers credit cards to individuals using Lenddo’s social scoring. Galicia MOVE includes a savings account, a debit card and a credit card. What about banks? Banks are trying; not only by making interesting bets around digital but also social. Change or die.

Maine 100

Maine Lending Regulation Risk Management 100

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. PYMNTS: What does innovation mean to you? ML: To me, innovation means bringing relevant technology, products and services to our customers or partners we are targeting.

Innovation 108

Innovation Security Payments Mobile 108