PYMNTS

SEPTEMBER 8, 2017

A new study has found that the number of payment cards issued globally reached 14 billion last year and is predicted to rise to 17 billion by 2022, boosted by an increase in overall debit card issuance. RBR , a strategic research and consulting firm, recently published its “Global Payment Cards Data and Forecasts to 2022” report.

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BankInovation

DECEMBER 14, 2021

Prepaid payments are primed to be the main innovation rail for the Canadian payments market, as developments in automated banking and consumer technology make headway and market size grows. The Canadian prepaid market in 2019 had $3.74

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PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads. General acceptance is not there.

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PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. Larger full-service restaurants opened community markets to sell raw ingredients, produce and food staples through online stores,” he said. Card-present volumes were down by 60 percent year over year.

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PYMNTS

FEBRUARY 27, 2019

JPMorgan Chase , aiming to get a bigger piece of the point of sale financing market, announced Wednesday (Feb. 27) that it is launching “My Chase Plan,” a tool that allows card customers to finance purchases of more than $500.

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PYMNTS

DECEMBER 29, 2016

Technavio, the research firm, is forecasting the global mobile card reader market will grow at a CAGR of close to 54 percent from 2017 to 2021. According to a press release highlighting the new forecast, Technavio said the magnetic stripe technology was the most commonly used technology in 2016 with more than 53 percent market share.

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PYMNTS

OCTOBER 9, 2019

Should customers’ recurring payments fail, due to credit cards expiring or other issues, this could produce involuntary churn in which otherwise willing customers are accidentally dropped. businesses with recurring direct debit and card payments for accepting donations, membership dues and subscription payments.

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PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JUNE 7, 2018

Spending on credit cards will continue to grow, but any issuer that decides to take a breath, instead of crafting creative rewards and going after young consumers, runs the risk of being left behind. However, no trend is independent of human action, and issuers will have to work hard to ensure the health of their credit card offerings.

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PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. 22) as company executives gave an update of its card deal with Walmart. The financial institution (FI) said that, as of the end of Q4, the domestic card loans ending balance stood at $107.4 percent, down from 2.89

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PYMNTS

JANUARY 23, 2019

Next week, shoppers at those 1,800 stores will be able to use contactless cards, as well as contactless mobile payments, via any one of the mobile wallet “Pays” — Apple , Google and Samsung. That is consistent with what we have seen around the world when it comes to contactless card adoption,” Sanford said.

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Cards Mobile Study Retail 171

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

Cards 187

Cards Security United States Technology 187

PYMNTS

AUGUST 12, 2019

By the numbers, 2019 is a good year for corporate card innovation. But the bigger picture, he said, is that while there are a lot of new ideas and innovations emerging in the corporate credit space, it remains a relatively uncrowded “blue ocean” type of space, where the opportunity to grab new market share and customers is high.

Cards 155

Cards Innovation Fintech Marketing 155

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

DECEMBER 11, 2017

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB).

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Cards Fraud Retail National 129

PYMNTS

SEPTEMBER 20, 2019

construction market is on track to reach $1.8 In order for construction firms, contractors and subcontractors to succeed in this market, projects must be completed on time and within a fixed budget. Keeping track of cash flow and spending will be essential for construction firms that are active in the growing market.

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Celent Banking

JANUARY 22, 2015

On the social aspect of banking, Banco Colpatria in Colombia offers credit cards to individuals using Lenddo’s social scoring. Galicia MOVE includes a savings account, a debit card and a credit card. What about banks? Banks are trying; not only by making interesting bets around digital but also social. Change or die.

Maine 100

Maine Lending Regulation Risk Management 100

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Carding shops offer bulk sales on compromised payment card data. Another popular category in the underground is account markets.

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Payments Source

DECEMBER 28, 2016

The wheels are already turning on one of the biggest fleet card portfolio flips in North America, with South Portland, Maine-based WEX Inc. poised to take over in 2018 as the issuer of Chevron and Texaco fleet cards, replacing FleetCor Technologies, which is looking to make up revenue growth elsewhere.

Portland 60

Portland Cards Marketing Maine 60

PYMNTS

NOVEMBER 6, 2018

But years later, shoppers traded Woolworth’s along with other Main Street stores for locations near the highways. To that end, the retailer is set to have 750 locations by the close of year at a time when Sears is planning to close stores amid its bankruptcy and Lowe’s has store closures in the cards, too.

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Maine Retail Pennsylvania Study 139

PYMNTS

JUNE 1, 2016

A year after its creation, France-based Spendesk has launched its corporate expense management solution to the EU market, reports said Monday (May 31). “We reinvent corporate cards, as they should be, so that teams can be fully focused on making their company successful,” the executive continued. .

Software 100

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PYMNTS

SEPTEMBER 24, 2019

Credit cards can partially solve this problem, but issuing them to a legion of supervisors, subcontractors and workers presents another set of issues, including fees. This is why solar installation company Borrego Solar Systems is managing expenses with payment cards instead. It’s either use the card or it doesn’t happen.”.

Cards 100

Cards Payments System Management 100

PYMNTS

APRIL 13, 2020

Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. Bank and was in charge of fleet card programs. “As The new team’s focus will be on the $27 trillion domestic B2B payments market. He also previously worked at U.S.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

JANUARY 10, 2019

Visa recently partnered with Shieldpay to introduce secure card payments on peer-to-peer (P2P) platforms to the nation’s £120 billion ($151.1 billion USD) online classified marketplaces, enabling buyers and sellers to accept credit and debit cards. Around The World Of Disbursements.

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PYMNTS

NOVEMBER 29, 2016

In an attempt to bring hope and better conditions, e-money firm Prepaid Financial Services (PFS) launched a prepaid card program through international relief organization Samaritan’s Purse to help financially support those refugees living under these conditions. PFS, based in the U.K.S,

Cards 100

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PYMNTS

APRIL 12, 2019

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Consumer transactions and auto loans were the main driver of Wells’ Q1 performance. Credit card transactions hit $18.3 per share, well above the $1.09 analysts had been expecting pre-release. billion. “We

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PYMNTS

MARCH 6, 2017

It may seem at first glance that credit cards are no font of innovation. Cards are issued, cards are lost and cards must be cancelled, often to the headache of consumers and issuers alike. For credit cards, where nothing really has changed, Frank agreed, a feature could be a different rewards proposition.

Cards 132

Cards Innovation Apple Examples 132

PYMNTS

OCTOBER 12, 2020

From Mao’s view, in Asian markets where cash had historically dominated, mobile wallets filled a need for an easy, accessible “ubiquitous cashless payment” for the masses. consumers have largely relied on cards, were comfortable with them as a main purchase tool and the U.S. By contrast, U.S. She said about 61 percent of U.S.

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PYMNTS

SEPTEMBER 17, 2019

The service enables businesses to make and receive payments using personal identifiers such as email addresses and will allow them to accept payments using ACH, delivered directly to their checking accounts or via virtual cards. trillion construction market can have long-ranging effects. Deep Dive: Tapping AI To Tackle A $4.2T

Cards 130

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PYMNTS

NOVEMBER 7, 2018

But that doesn’t mean other types of apps aren’t finding increasing use among consumers — one of the changes going on that relate to the future earning and marketing power of apps and app stores. You select the products you like, add them to the chart and pay with WeChat Pay … or debit card. Then the transaction is completed.”.

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Marketing Google Apple Mobile 122

Celent Banking

MARCH 1, 2015

In Seoul main streets and on Korean internet sites, we can easily find advertisements of Alipay. China UnionPay already entered into the South Korean market, and even a brand of my credit card issued in South Korea is UnionPay. The similar case has been seen in South Korea and Japan.

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Marketing Metro Fintech Mobile 100

PYMNTS

JULY 17, 2018

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

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PYMNTS

NOVEMBER 4, 2016

As more providers introduce smaller and more powerful credit card acceptance hardware that can work in the variety of environments where drivers find themselves, Morris said, many drivers have begun to adopt new solutions that allow them to accept card payments. Keeping up with the competition .

Cards 100

Cards Payments Industry Mobile 100

PYMNTS

JULY 26, 2017

Developers can literally come in, sign up and start building a card product,” said Gardner. The typical way of building a card product, by going to a bank and leveraging that bank’s platform, need no longer be the norm.

Cards 125

Cards System United States Payments 125

PYMNTS

JUNE 2, 2016

According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. So they not only have contactless cards — and places to use them — but they also have money to spend. Singapore isn’t the only Asian market that Apple is eyeing.

Mobile 100

Mobile Marketing Samsung Payments 100

PYMNTS

DECEMBER 12, 2019

One of them might be the ability to get free credit without all the fees and things that people associate with credit cards,” said Siemiatkowski. As for the company’s revenue, Siemiatkowski said instant credit is still the main source. they don’t have credit cards … 70 percent of millennials in the U.S. When will it arrive?

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Millennials Cards Maine Online 130

PYMNTS

DECEMBER 4, 2020

The Netherlands Authority for Consumers and Markets (ACM) is homing in on contactless payments that can access near-field communication (NFC), which enables users to pay for goods and services by waving their phones across terminals. The main concern is Apple’s proprietary in-app purchase system (IAP).

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Apple Payments Software Regulation 159