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

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers. The buyer uses a unique virtual card that is generated upon purchase approval.

Cards 234

Cards Payments Management Security 234

PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service. Leavitt explained.

Cards 134

Cards Payments Analytics Data 134

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

Cards 192

Cards Online Fraud social media 192

PYMNTS

JANUARY 7, 2020

Innovation is no longer optional – it’s table stakes to stay in the game. The good news: There is no shortage of innovative ideas and options for today’s FIs to offer to their customers: digital wallets, P2P payments, card controls, fraud and security protection, and loyalty and rewards perks among them.

Innovation 139

Innovation Technology Marketing System 139

PYMNTS

JUNE 12, 2019

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. Science and invention are collective pursuits. The basic idea behind LISNR is to send data securely via audio. That’s the tech part.

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Innovation Retail Metro Case Study 192

PYMNTS

JUNE 21, 2019

After all, college is not only a place where many young men and women learn who they really are, but where operators of commerce, big and small, often find their next lucrative ideas. Mobile Innovation. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

AUGUST 13, 2019

The eCommerce operator recently announced that it is launching its Off-to-College store, geared toward college students and all of their shopping needs — be it furnishing a dorm room or purchasing class supplies. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services.

Retail 127

Retail Innovation Course Trends 127

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.

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Bank Innovation

DECEMBER 11, 2017

Stephane Wyper, who runs Mastercard’s partnerships related to the Internet of Things, as well as new commerce, has joined the Bank Innovation 2018 speaker faculty. He will present on the challenge of creating a global fintech operation, whether you’re a startup or an established corporation.

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Innovation Fintech Operations US 207

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 14, 2021

In addition, PSCU found that increased adoption of contactless “tap and go” transactions through dual interface cards continued to occur during last year’s holiday season. percent of card present activity on contactless debit cards between the beginning of November and the end of December, as contactless credit transactions expanded to 12.1

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. It exemplifies the newly innovative nature of the B2B payments market, but Ernest Rolfson, Finexio CEO, says that doesn’t necessarily mean progress is guaranteed.

Innovation 139

Innovation Payments blockchain Florida 139

PYMNTS

JUNE 22, 2017

A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. Nearly two-thirds surveyed (and 62 percent of CFOs, specifically) said the same about chargebacks related to card-not-present transactions. Citing Nielsen Report statistics, Vesta noted $16.3

Fraud 108

Fraud Innovation Survey eBook 108

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. As consumer-permissioned data sharing continues to grow, data aggregators become crucial allies for banks and credit card companies.

Data 293

Data Innovation Big Data Marketing Strategies 293

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

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

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Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 16, 2020

Numerous quick-service restaurants (QSRs) have deployed these technologies to support their operations, tailor their customer service approaches and even boost sales, but many players, including several big names, have been reluctant to invest in such innovations. Mobile ordering fraud presents an even greater challenge for QSRs.

Analytics 273

Analytics Data Fraud Tools 273

PYMNTS

MAY 13, 2020

Contactless has existed for a long time, but consumers were slow to adopt, mostly because they didn’t have much of a compelling reason to do something differently — their cards worked fine. For restaurants , by way of example, that will mean adjusting to a lot of changes, which will breed innovation, said Tempesta.

Cards 251

Cards Branding Innovation Data 251

PYMNTS

JANUARY 28, 2019

Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. Innovation by Any Other Name. is nothing new.

Regulation 181

Regulation Boston Cards Innovation 181

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. This approach can be compelling for employers that need to quickly solve problems to grow their workforces and operations worldwide.”. based organizations, 41.2 percent compensated workers in just one.

System 165

System Management Tools Cards 165

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. FIs themselves struggle with fully understanding how this industry operates, too. According to Karalevi?ius,

cryptocurrency 283

cryptocurrency Compliance Regulation Payments 283

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. 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. faster payments system.

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Community Bank Community Innovation Millennials 116

PYMNTS

AUGUST 21, 2020

Sales are falling as consumers curb their spending, resulting in cash flow crunches that are pressuring businesses to stick to their budgets and pursue innovations. SMBs have temporarily closed since the pandemic began, and those that are still operating are struggling to stay afloat. Twenty-four percent of all U.S.

Tools 179

Tools Management Cards Operations 179

Accenture

OCTOBER 14, 2019

In most European countries, for example, unsecured card lending is less than 18 percent of total unsecured consumer lending. A large bank in Spain now offers its consumers the ability to select debit card transactions and to convert these transactions into installments via their mobile banking app.

Payments 150

Payments Lending Examples Innovation 150

PYMNTS

NOVEMBER 19, 2020

In addition, the Super Bowl Experience, presented by Lowe's, will also be cash-free, and fans that only have cash will be able to access ATMs that accept cash and dispense Visa cards up to $500, available with no fees, the release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

ATM 201

ATM America Cards Payments 201

PYMNTS

NOVEMBER 13, 2020

Operations Dan Hicks discussed how the collaboration boosts inventory visibility, and how the technology and regulatory landscape are evolving to tackle additional friction points in B2B payments workflows. Keeping track of invoices and the valuable data they present can be key for a business in any industry.

Industry 219

Industry Payments Retail Regulation 219

Gonzobanker

MAY 3, 2019

Recent activity in the payments space may push financial institutions to switch card processing providers. Over the past few years we’ve seen rampant innovation in EMV, card controls, contactless and mobile pay apps. Which all happened right on the heels of Jack Henry launching a new card offering.

Cards 79

Cards Training Software Management 79

PYMNTS

NOVEMBER 2, 2020

Payments Innovation Leads the Way . Payments and banking products were pushed to the head of the digital-first line thanks to the pandemic, leading to the acceleration of contactless and card-not-present commerce. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.”.

Study 205

Study Cards Payments Innovation 205

South State Correspondent

JANUARY 4, 2023

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Why “Growth” is Not on The List.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

MARCH 25, 2019

The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical to optimizing the payments experience and innovating new payments flows. There was the same talk then about retailers not letting consumers use a payment card owned by their largest rival. Guess what?

Payments 198

Payments Innovation Branding Operations 198

Bank Innovation

JUNE 5, 2017

billion EMV payment cards in global circulation in 2016, up from 1.3 More than half of the card-present transactions in that period used EMV chip technology, up from 35% last year, according to the report. There were 6.1 billion a year ago, according to data released by EMVCo today. Europe led the pack with the […].

Cards 150

Cards Data Technology Report 150

PYMNTS

SEPTEMBER 28, 2020

The companies said they have expanded an existing partnership that will see Commerce Bank integrate HighRadius's full suite of integrated receivables and treasury management tools, one year after another expansion in which the bank added HighRadius's Virtual Card Processing and Electronic Invoice Presentment and Payment technologies.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

APRIL 12, 2019

The stakes are too high to turn away from at least the prospect of such relationships, not with the fierce pace of innovation punishing anyone who lags behind, and regulatory measures such as PSD2 aiming to make the world safer for FinTech-FI collaborations. And Commonwealth has been one of the innovation leaders.”.

Fintech 168

Fintech Innovation Mobile Payments 168

PYMNTS

OCTOBER 8, 2019

Corporate spend data company Comdata is rolling out a new solution for its fleet clients enabling managers to visualize key performance metrics for their operations. Insights include drive decision patterns, how fleets are spending company funds on their Comdata Fuel Cards, fuel consumption and more.

Analytics 100

Analytics Management Data America 100