PYMNTS

JULY 23, 2020

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by the end of 2020’s first quarter when COVID-19 was declared a pandemic. To learn more about how CUs’ card innovation priorities are changing in the wake of the pandemic, download the Playbook.

Innovation 174

Innovation Report Cards California 174

PYMNTS

NOVEMBER 21, 2019

21) a collaboration to help FinTechs and other financial-affiliated businesses with fast issuing of debit cards and bank accounts for customers, without expensive startup fees or long-term contracts. FinTechs, for example, can leverage the new initiative to create debit cards and bank accounts more easily.

Cards 143

Cards United States Innovation Fintech 143

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.

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Community Bank Community Cards United States 156

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader.

Innovation 139

Innovation Marketing Payments United States 139

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

Cards 130

Cards United States Payments Innovation 130

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. After its parent company announced plans earlier this year to close 200 stores in the United Kingdom, Walgreens is looking to shutter 200 locations in the United States.

Innovation 136

Innovation Retail United States ATM 136

PYMNTS

SEPTEMBER 6, 2019

Even as the economy in the United States softens, Citigroup has been making a push for credit cards. Customers can transfer their debt from a competitor’s card onto Citi’s plastic for a small charge and not pay any interest for 21 months. Competitors are said to offer 15 interest-free months without a charge.

Cards 125

Cards United States Industry Report 125

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

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.

Cards 150

Cards ATM United States Online 150

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

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

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. Indiana University will have them this month.

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Innovation Mobile Groups Indiana 192

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

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

Cards 112

Cards United States Regional Technology 112

PYMNTS

OCTOBER 25, 2017

24) they had formed a new partnership to expand the acceptance of the UnionPay card in the U.S. to pay with their UnionPay chip, credit and debit cards at First Data merchant clients. We are extremely proud to work with an innovative partner like UnionPay International to expand their card acceptance throughout the United States.”.

Data 100

Data Cards United States US 100

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

NOVEMBER 19, 2020

19) unveiled a major upgrade to Xoom , enabling customers across the United States to use the mobile payments app to send money straight to the bank account of a family member, friend or another recipient. PayPal is upping its mobile payments game. PayPal on Thursday (Nov. More than a third of Xoom users across the U.S.

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United States US Mobile Cards 263

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 Restaurant Readiness Index.

Data 277

Data Innovation Payments Millennials 277

Bank Innovation

MARCH 19, 2018

EXCLUSIVE— Most consumers in the United States stubbornly cling to their plastic payments, even as customers in other countries — see China — increasingly embrace at a steady rate mobile and other digital forms of payment. This could be due to the fact that, as many in fintech have stated, the card infrastructure in the.Read More.

Mobile 275

Mobile United States Payments Cards 275

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

JUNE 26, 2019

In the United States, money transfer firm TransferWise has launched a Mastercard debit card along with an accompanying TransferWise Borderless multicurrency account. The 40-currency debit card completes the package, so we’re excited to be releasing the card in the U.S.”.

Cards 109

Cards United States Samsung Apple 109

Tomorrow's Transactions

MAY 15, 2024

In the dynamic realm of digital transactions, India and the United States stand out as two distinct landscapes, each with its own set of challenges, triumphs, and innovative solutions.

System 39

System US United States Payments 39

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 payment card has “a long life ahead of it,” he told Karen Webster. Even if you consider technologies like mobile, you can see that the consumer is still paying with payment cards.”.

Cards 110

Cards Payments United States Maine 110

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

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

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

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

PYMNTS

MARCH 2, 2020

We are delighted to be collaborating with Visa, which apart from being the world’s leading card network, is known for its technology innovations and innovative value propositions for SMBs,” said Aditi Puri Batra, country manager for Intuit QuickBooks India. “As “This is an important strategic relationship for us in India.

United States 167

United States Innovation Cards Trends 167

PYMNTS

OCTOBER 8, 2020

The company has previously invested in bitcoin “from a product, leadership and legal innovation perspective.”. Square was founded in 2009 in Silicon Valley and has offices in the United States, Canada, Japan, Australia, Ireland, Spain, and the U.K. Square said the pandemic has triggered a move to card payments.

Bitcoin 289

Bitcoin cryptocurrency Virginia United States 289

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

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. The government turned to a solution that is gaining popularity in the private sector: prepaid pay cards. It is using the cards to disburse stimulus funding to approximately 4 million consumers. About The Tracker.

Meeting 236

Meeting Trends Cards Innovation 236

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.

Cards 233

Cards Exercises United States System 233

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.

Digital Banking 238

Digital Banking Los Angeles Cards California 238

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

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