Bank Innovation

MARCH 27, 2017

What if, instead of cards, consumers just had to put in a code—and then another code—to get access to their money at the ATM? Wells Fargo announced today that its customers now have full access to about 13,000 card-free ATMs, installed across the United States.

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PYMNTS

APRIL 19, 2018

percent of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the number of EMV payment cards in circulation around the world increased by 1 billion over the previous 12 months — to a total of 7.1 Regionally, the EMV chip card adoption rate is highest in Canada, Latin America and the Caribbean (85.7

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Cards United States Regional Technology 112

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? Such questions are addressed in a new PYMNTS story that features an interview with Sebastien Clamagirand, general manager of secure payment and identity at NXP Semiconductors.

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PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. In the inaugural edition of the Next-Gen Payroll Tracker® , a partnership with ADP® , PYMNTS examines these trends and technologies and the role they can play in improving workers’ financial security and sense of wellbeing.

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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.

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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.

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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 percent use debit cards and 42.1

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Data Innovation Payments Millennials 277

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.

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Payments United States Retail Resources 264

PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. The Paytm cards can be used both in-store and online. Around the Next-Gen Debit World.

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Digital Banking Los Angeles Cards California 238

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. Yes, the government(s) stepped in around the world, and here in the United States, $1.5 Mortgages and Credit Cards and Student Debt…. First things first.

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Lending Innovation Fintech Cards 148

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.

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Cards United States Security Payments 142

PYMNTS

JANUARY 26, 2021

PSCU’s recent 2020 Eye on Payments , which polled more than 1,500 CU members and other FI customers in the United States, found 70 percent of respondents decide how to pay for a product or service based on which safe options are available at the point of sale. To get the full story, download the Tracker.

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Tools Los Angeles New Jersey Trends 276

PYMNTS

SEPTEMBER 29, 2017

PingPong is yet another innovative FinTech player that chose Luxembourg as its EU hub. The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs.

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Security Payments Fintech United States 129

PYMNTS

FEBRUARY 7, 2019

million in Bink, a startup that lets customers store and view all their loyalty cards on a phone, and also links payment cards to get points and rewards automatically, according to reports. British financial institution Barclays has invested $12.9

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United States Mobile Innovation Cards 180

PYMNTS

JANUARY 19, 2021

Studies showed that many consumers in the United States have begun tapping their debit cards more often for payments, for example, with one report finding that debit use rose about 6 percent year over year. Just 25 percent of consumers said the same regarding their credit cards during the same period.

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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

Gonzobanker

AUGUST 24, 2023

Rising interest rates depress the value of low-rate securities and loans. Banks had more than $500 billion in unrealized losses on their securities at the end of March. One bright spot for the banking industry is Americans’ rising appetite for credit card debt. For the past five years or so, banks have obsessed over “innovating.”

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Innovation United States Industry Technology 148

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. In a wide-ranging discussion, Socure CEO Sunil Madhu and PYMNTS’ Karen Webster discussed the brave new world of identity security and verification, and what those terms mean when it should be assumed that all of your data has been compromised.

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Security Data Fraud Regulation 109

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. FICO’s Take on Debit Security.

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PYMNTS

JANUARY 10, 2019

The loyalty program inside the app, called United Visa Rewards, is powered by the Visa Commerce Network, Visa’s specific loyalty platform. It is available to United Chase Visa cardholders who live in the United States. Members who enroll by March 31 can earn 1,000 miles by adding an eligible card.

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United States Cards Innovation Security 152

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.

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Payments United States Cards Innovation 148

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.

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Innovation Lending Boston Security 103

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.

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Cards Innovation Mobile United States 103

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. State and local agencies sent out more than $1.3 government departments.

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Idaho Illinois Innovation Tennessee 130

Gonzobanker

SEPTEMBER 14, 2023

Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. But that gap must shift. The how, of course, is tricky. THAT IS WILD. Well, guess what?

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PYMNTS

JANUARY 12, 2018

Those investments and focus, the company said, will help “define the future of payments security.”. Over the last seven years, as chip technology has entered the market, Visa has deployed more than 460 million chip cards and readers at more than 2.5 million U.S. locations, according to the post.

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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.

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Payments Cards Trends Fintech 176

PYMNTS

JANUARY 4, 2019

We understand consumers want to fuel up, pay and quickly be on their way,” said John Barbour, manager of payments and card services at Phillips 66, in a press release. We know that Honda drivers value convenience, safety and security,” said John Moon, Managing Director Strategic Partnerships, Honda Innovations. “We

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Payments United States Security Management 144

Gonzobanker

JUNE 7, 2023

In mid-May, a digital bank account for the 62+ crowd debuted in the United States. Two things pop: Charlie lets customers receive their Social Security checks up to four weeks early without paying fees or interest, and the startup – which partners with Sutton Bank – offers phone support. Early Social Security payments.

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Los Angeles Fintech Digital Banking Tools 133

Abrigo

MARCH 3, 2023

Introduction Check fraud is alive and well As we think about the evolution of banking and the innovative ways to move money, writing checks does not come to mind as a frequent transfer method. However, for fraudsters, checks are still one of the more common sources for stealing funds from consumers and businesses.

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PYMNTS

APRIL 3, 2019

The company has initially focused on catering underserved populations in Asia, but has also applied for a license in the United States. Separately, Bill.com , in addition to securing $88 million in financing, has launched a partnership with Mastercard to speed up accounts payable for joint business customers. Canada and Asia.

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blockchain Payments United States Innovation 231

Bank Innovation

MARCH 7, 2018

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. But the fintech market has rebounded.

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PYMNTS

DECEMBER 10, 2018

Using APIs to create an inter-connected network of banks, businesses and consumers means there’s more of a need for security, especially as consumers grow more concerned with who is using their data, and why. Around the B2B API World. As commerce continues to move online, more and more businesses are looking to use APIs to power payments.

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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.

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United States Cards Branding Payments 100

Abrigo

APRIL 2, 2020

As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period. FinCEN Strengthens Commitment to Digital Innovation. Artificial Intelligence. BSA Software. Learn More.

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PYMNTS

JULY 16, 2018

Contactless payments scored big at the FIFA World Cup in Russia, with 50 percent of Visa purchases in tournament venues utilizing contactless transactions through cards, mobile devices and wearables. Visa’s sponsorships enable us to showcase the latest in payment innovation on a global stage,” Visa Inc.

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Payments United States Cards National 101

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.

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