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.

Cards 101

Cards United States Regional Groups 101

PYMNTS

SEPTEMBER 16, 2019

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Most customers bypass dealing with merchants entirely when trying to stage chargeback fraud, with 76 percent of cardholders going directly to the payment card issuer. Cloud Payments Integration.

Operations 228

Operations Payments Compliance System 228

PYMNTS

DECEMBER 31, 2020

This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). percent use debit cards and 42.1 Key Data Points: 68.2

Data 277

Data Innovation Payments Millennials 277

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

NOVEMBER 16, 2020

Customers will be able to pay for the transactions by drawing against balances in PayPal or Venmo accounts or by drawing on bank accounts, debit cards or credit cards linked to a PayPal or Venmo account. The partnership.

Payments 264

Payments United States Retail Resources 264

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Governments around the world have launched stimulus programs aimed at supporting the payrolls of businesses forced to scale back or shutter operations during the pandemic. Around The Changing Payroll Landscape. About The Tracker.

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Meeting Trends Cards Innovation 236

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. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct.

Innovation 116

Innovation Payments Apple United States 116

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

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

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 month’s Deep Dive explores the myriad innovations businesses are using to bring their everyday spend systems into the digital-first ecosystem.

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Cards Exercises United States System 233

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

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

North Carolina 197

North Carolina Houston Fraud Innovation 197

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

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

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

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. The main reason is that China was not a card-based economy. Most COBOL programmers are in their 50’s and soon their numbers will disappear.

United States 316

United States System Mobile Maine 316

PYMNTS

OCTOBER 24, 2018

A press release this week said WEX will acquire the company, which already uses WEX to provide virtual cards that can enable payment on the Noventis electronic payments network. We are excited to build upon Noventis’ offerings in the United States, which will position us to innovate and provide solutions to our partners and customers.”

United States 138

United States Cards Payments Innovation 138

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.

Maine 130

Maine ATM Innovation Millennials 130

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

NOVEMBER 14, 2019

The Uber of furniture ,” P2P closet-sharing and crowdshipping all certainly sound innovative. Many are more operational in nature, and intended to give consumers more choice. households in the United States were unbanked in 2017 (the most recent survey year), which equals approximately 8.4 According to an FDIC study , 6.5

Payments 124

Payments United States Online Google 124

PYMNTS

AUGUST 23, 2019

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. Under the multi-year deal extension, WEX will continue to be the exclusive provider of fleet cards and offer payment-related services to Phillips 66 customers.

United States 100

United States Cards Branding Payments 100

PYMNTS

AUGUST 25, 2019

“It means that we never store any payment card or other sensitive client financial data on our servers and it has not been accessed or compromised,” the company said in its blog. The warning comes as banks have been enlisting the aid of tech giants like Microsoft and Amazon, while bringing operations and data to the cloud.

Data 110

Data United States Analytics System 110

PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

JUNE 13, 2019

Founded in 2011, Ola is making its first entry into the United States. The company currently operates in 150 cities — more than 100 of them in India alone — serving a billion rides annually. Hyundai will proactively respond to market changes and persistently innovate to deliver greater value to our customers.”.

United States 100

United States Groups Leadership Cards 100

PYMNTS

JANUARY 30, 2019

Canada’s Lightspeed rolled out an offering for retailers based in the United States called Lightspeed Payments, the company said in an announcement. The system integrates payment processing with a point of sale (POS) for merchants operating online and in physical stores. The technology is said to process a payment in 0.3

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System Fintech United States Big Data 122

PYMNTS

NOVEMBER 25, 2020

percent of them stating that receiving such access to funds is “very” or “extremely” important. Consumers’ growing familiarity with P2P apps and the pandemic’s effects on business operations are also rubbing off on companies, prompting many to reexamine the use of real-time payment solutions.

Report 260

Report Trends Payments United States 260

PYMNTS

JUNE 26, 2020

The United States federal government sought to disburse more than $1 trillion in stimulus funding in the early days of the COVID-19 lockdown to help businesses stay afloat and pay citizens for urgent expenses. Large and small firms’ operations have been thoroughly disrupted by the past months’ events.

Tools 130

Tools Cards United States Innovation 130

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

APRIL 14, 2017

The big question: Can the existing payment rails support the innovation that is needed? Said NACHA’s Estep, “the answer depends on what type of innovation you are talking about, and then what type of a payments system you are talking about.” Against that backdrop, “innovation means many different things to different players.”.

Payments 105

Payments United States Innovation System 105

PYMNTS

JULY 2, 2020

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. The hope is that these changes will offer SMBs the adaptability they need to keep their operations moving throughout the ongoing pandemic. How the Pandemic Is Driving SMB Lending Innovation.

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Lending social media Industry United States 198

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. Around The BaaS World. About The Playbook.

Payments 169

Payments Fintech Trends United States 169

PYMNTS

DECEMBER 31, 2019

The PYMNTS December 2019 Next-Gen AP Automation Tracker details explosive innovation in real-time payments for business, driven in no small part by accounts payable (AP) professionals. Close to one-quarter of AP pros surveyed also want to bring ePayables and virtual cards online for treasury operations.

Survey 135

Survey United States Technology Payments 135

PYMNTS

AUGUST 17, 2020

Each sMALL Surprises pack includes a selection of sensory toys/games, trendy accessories, sanitizing samples, activity cards, stickers and school supplies. Consumers can visit SmallSurprises.Shop , access a questionnaire and then select a customized pack to be delivered anywhere in the United States. Coradino , CEO of PREIT.

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

SEPTEMBER 18, 2020

But for all their remarkable success in the East, QR codes never really quite caught on in the United States or most of the rest of the West. It turned out Americans liked paying by card just fine and weren’t looking for a change. Beggars can apparently be choosers when mobile payments are thrown into the mix. Second, U.S.

Apple 292

Apple Jacksonville Study Mobile 292

PYMNTS

AUGUST 20, 2019

The needs of children are a driving force for online and mobile innovation and disruption. Shoppers can check out using a credit card, debit card, Apple Pay or health savings account (HSA)/flexible spending account (FSA) at launch. Entrepreneurs often start companies stemming from their personal experiences.

Mobile 153

Mobile Los Angeles Minneapolis Trends 153

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. Awareness of those differences is key.

Payments 245

Payments System Innovation Management 245