PYMNTS

JANUARY 24, 2019

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives.

Community Bank 156

Community Bank Community Cards United States 156

PYMNTS

NOVEMBER 30, 2020

Outback Steakhouse Debuts Curbside Gift Card Concierge. Outback Steakhouse has rolled out a new “curbside concierge” for holiday gift-card shopping that will allow customers to call ahead or go to their nearby restaurant and drive to a set gift-card drive-up parking spot with the service.

Innovation 150

Innovation United States Cards Study 150

PYMNTS

SEPTEMBER 30, 2019

We imagine if presented with an iPhone, penicillin, an automobile or just a ballpoint pen, even the original scribe would have been forced to concede that exciting innovations might be coming up on humanity’s horizon in the intervening 30 centuries. 30), the card network announced just such a FinTech partnership. So today (Sept.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

SEPTEMBER 16, 2019

According to the new PYMNTS Order To Eat Tracker , the volume of mobile app orders rocketed 130 percent from 2016 to 2018, and the overall mobile order market value is set to reach $38 billion by 2020. And digital innovators are devising new ways to deliver food to consumers. Indiana University will have them this month.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

MARCH 2, 2020

The United States’ tight labor market exacerbates competitive tensions for such agencies, though. This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. rose from 3.1 million in 2010 to 5.9

Cards 130

Cards ATM United States Payments 130

PYMNTS

JUNE 19, 2019

Not only that, but 82 percent of travel companies innovate to combat the loss of customers, and 36 percent of travel companies expect innovations to decrease costs. Other areas of innovation and disruption for the travel industry are heavily focused around payments. That includes the payment of airline fares. Payments Cost.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

JANUARY 9, 2018

UnionPay International is expanding its support for cross-border B2B payments through an integration with wholesale eCommerce market Yiwu Market, based in China. Yiwu Market is the largest commodities wholesale market in the world. Yiwu Market is the largest commodities wholesale market in the world.

Marketing 119

Marketing Payments United States America 119

PYMNTS

NOVEMBER 11, 2019

Visa and its India FinTech partner, Open , are rolling out their joint credit card product for small to medium-sized businesses (SMBs). 11) that Open, which operates a small business banking and financial services platform, announced the Founder’s Card, the result of its existing partnership with Visa. billion worth of transactions.

Cards 101

Cards United States Regional Groups 101

PYMNTS

MARCH 20, 2019

In fact, they make the timing of their product rollouts a crucial part of their innovation strategies. Only after observing their competitors’ missteps do they fully commit to the rollout of their innovations. percent of the top innovators in the financial sector said they observe market trends first. As much as 53.3

Innovation 161

Innovation United States Innovation Strategies Cards 161

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement.

Cards 110

Cards United States America Payments 110

PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, Nevada calls itself when charging customers’ credit cards. and Canada.

Retail 121

Retail Innovation Colorado Payments 121

PYMNTS

SEPTEMBER 6, 2019

Why Invisible Will Make 2020’s Payments Innovation Roar. 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. Bamboo Straws, Emerging Markets And The Lessons Of Selling Cross Border.

Innovation 116

Innovation Payments Apple United States 116

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. This growth is not limited to the business-to-consumer (B2C) market, either. This is a far different experience for everyday business purchases.

Cards 233

Cards Exercises United States System 233

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100

Capital Cards Delaware Payments 100

Bank Innovation

MARCH 7, 2018

But the fintech market has rebounded. In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck.

San Francisco 236

San Francisco Fintech United States Marketing 236

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. The solution is.

Security 182

Security Fraud ATM Cards 182

PYMNTS

OCTOBER 13, 2019

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. In July, Uber partnered with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico to promote banking in what is mostly a cash country.

United States 137

United States America Regional Innovation 137

PYMNTS

NOVEMBER 26, 2018

percent of consumers, this customer base may represent a marketing opportunity for C-stores. According to Thorntons, the ability to provide consumers with a loyalty-focused mobile solution has “changed the game for our marketing efforts.”. At the same time, C-stores are innovating by expanding and enhancing their digital offerings.

Marketing 153

Marketing Mobile Millennials United States 153

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Mortgages and Credit Cards and Student Debt…. Mortgages ?

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JANUARY 26, 2021

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Contactless payment innovation is underway at the nation’s CUs as the public shuns cash and even physical cards to lower the risks of infection.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

APRIL 4, 2019

In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform. At the time, Bento said it would use the funding to focus on propelling growth and increasing its talent within marketing and engineering.

United States 180

United States Management Cards Tools 180

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 are made with cash , for example, and 63 percent of consumers have at least two credit cards. are made with cash , for example, and 63 percent of consumers have at least two credit cards. trillion in 2018.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

AUGUST 3, 2017

“We’re proud of our Canadian heritage, and we want to share a piece of that in the United States,” Felipe Athayde, executive vice president of Tim Hortons U.S. Customers, after downloading the new app, log in via Facebook, Google or email and register a card or to use Apple Pay. Android Pay is not yet an option.

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

FEBRUARY 12, 2019

debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. Metabank provides financial solutions to customers and businesses in what it considers niche and underserved markets, with a belief in financial inclusion for everyone.

Payments 146

Payments United States User Experience Cards 146

PYMNTS

MARCH 12, 2019

Linq3, founded in 2007 in Atlanta, develops, builds and markets traditional and digital lottery products. We are excited to add Linq3’s innovative capabilities and proprietary technology to our portfolio of products and services. InComm has started integrating with gaming vendors across the United States.

Industry 134

Industry Atlanta Cards United States 134

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

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. One bright spot for the banking industry is Americans’ rising appetite for credit card debt. Banks need to stop playing innovation charades.

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

SEPTEMBER 4, 2018

The plastic payment card is dead. Long live the plastic payment card! Forgive the whipsaw attitude, but that’s how it can feel sometimes when discussing the future of payment cards. Card Clarity. The payment card has “a long life ahead of it.” Innovative Edge. Rewards, too, drove card signups, and still do.

Cards 103

Cards Innovation Mobile United States 103

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. SMBs in the United Kingdom are also seeking easier ways to accept payments.

Cards 142

Cards United States Security Payments 142

PYMNTS

OCTOBER 4, 2019

Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. As reported, Global Payments is the third-largest merchant acquirer in the United States, while TSYS is the third-largest card processor in the country. Recent Trends. Basic Question.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

NOVEMBER 30, 2020

But Coombs added that many entrepreneurs don’t have a choice, because costly professional services from accountants, lawyers, marketing firms or the like is often more than small businesses want to pay for (or can even afford to). First, clients still get the cash-back and points rewards normally associated with using their cards.

Payments 192

Payments United States Taxes Exercises 192

FICO

OCTOBER 28, 2022

FICO Score 10, Most Predictive Credit Score in Canadian Market. Examining debt levels in Canada during the pandemic, we observe a similar trend in absolute credit card debt as well as credit card utilization levels. FICO Score credit risk trends through the COVID-19 pandemic. FICO Admin. Tue, 07/02/2019 - 02:45. by Erik Franco.

Marketing 52

Marketing Trends Cards Analytics 52

PYMNTS

FEBRUARY 25, 2019

In a podcast with Karen Webster, NMI CEO Vijay Sondhi delved into the ways that IoT is bringing everything — from kitchen appliances to voice-activated speakers to clothing and watches — into an ecosystem where payment providers (sometimes digital, sometimes rendered through cards) act as intermediaries in a process that makes the old new again.

Payments 148

Payments United States Cards Innovation 148

Gonzobanker

SEPTEMBER 14, 2023

As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. In doing so, Bank of New Hampshire is leading a trend in the United States on an important issue. According to an American Banker article (subscription required), it takes 400 years for a debit card to degrade.

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

MARCH 17, 2017

The business cards have all been exhausted, and the hearty salutations give way to weary nods of (yet again) recognition. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

JANUARY 28, 2020

To help consumers remember their favorite moments, eCommerce innovators are making it possible for them to order framed prints from pictures they have taken on their phones. Keepsake accepts major credit cards or Apple Pay for payment and uses Stripe on the backend. Like many companies, Keepsake reaches its market through social media.

Mobile 141

Mobile social media United States Cards 141

PYMNTS

NOVEMBER 10, 2020

The November Smarter Payments Tracker® examines how FIs and FinTechs are innovating to deliver more compelling cross-border and international banking offerings. Some smaller players are looking to avoid shouldering the regulatory compliance work involved in serving additional global markets by turning to already-licensed partners.

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Report Fintech United States Meeting 216