PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Digital Gift Cards ’ Growth. For instance, people are simply directing more spend at gift cards this holiday season. Not All ‘Gift’ Cards Are Gifts .

Cards 291

Cards United States Strategy Retail 291

PYMNTS

OCTOBER 29, 2020

Pleo's main business is providing smart credit cards that make it easier for employees to document expenses and for employers to pay only for purchases they deem appropriate. Collaborating with JPMorgan and Mastercard will. Collaborating with JPMorgan and Mastercard will.

Tools 175

Tools Management United States Cards 175

PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. The good news is that the new Coinbase Card handles all the conversions itself, exchanging whatever cryptocurrency that users have in their accounts to U.S. The pending arrival of the Coinbase Card in the U.S.

Cards 193

Cards cryptocurrency ATM Bitcoin 193

PYMNTS

APRIL 7, 2020

To let companies make payments to their suppliers via card, whether or not the supplier takes card payments, Billhop has rolled out a tie-up with Visa in Ireland. The end beneficiary does not need to be onboarded, which lets Billhop allow for all supplier payments on cards to be made immediately.

Cards 146

Cards Payments United States Report 146

Gonzobanker

AUGUST 3, 2023

The time has come for some truth on the world of payment card flips. disrupted banks’ income on debit cards. had in 2011, they’re likely to see an 18% to 25% volume shift from signature to PIN card transactions by the end of 2025. And the threat of disruption on credit cards looms large.

Cards 145

Cards Payments Branding ATM 145

PYMNTS

DECEMBER 16, 2020

The health insurance industry is a major sector in the United States, where most employers are required to provide coverage to full-time employees. Benefits Of Virtual Cards. Healthcare claims processors must manage transactions with a vast — and often changing — array of physicians. Nearly 60 percent of the U.S.

Cards 203

Cards Data Payments United States 203

PYMNTS

JULY 15, 2020

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show.

Retail 130

Retail Technology Cards Innovation 130

PYMNTS

NOVEMBER 3, 2020

Bitcoin and digital currency wallet company ZenGo is becoming a part of the Visa Fast Track program and will create a new digital currency payment card, according to an announcement. ZenGo said the card will be the first card connected to a “self-hosted, on-chain, multi-currency wallet" in which the user manages the funds.

blockchain 167

blockchain Bitcoin Cards United States 167

PYMNTS

JANUARY 24, 2020

24) that showed card spending and loan growth up double-digit percentages, as measured year over year, in the fourth quarter. billion, boosted by card member spending and fees. Commercial service, where card member spending also grew, saw total net revenues grow by 7 percent to $3.5 Total net card fees were $1.1

Cards 131

Cards United States Conference Strategy 131

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. As has been reported, the platform can help issuers manage, or restrict, transactions across groups of compromised cards.

Cards 154

Cards Fraud United States Payments 154

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

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.

United States 263

United States US Mobile Cards 263

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

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Maine Lending Cards Bitcoin 148

PYMNTS

NOVEMBER 21, 2018

A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. She figured out what was going on when her debit card was declined at a coffee shop. The report , “U.S.

Cards 167

Cards Payments United States Retail 167

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

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. ” PNC Treasury Management added that the solution does not require a change in buyer behavior. .

Fraud 116

Fraud Cards United States Online 116

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

FEBRUARY 6, 2017

In one of the latest payment card data breaches reported affecting the hotel industry, InterContinental Hotels Group said that 12 hotels in the United States were compromised. Those cards had been used at food establishments, including restaurants and bars, and did not include cards used at front desks.

Cards 100

Cards United States Payments Data 100

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.

Cards 110

Cards Payments United States Maine 110

PYMNTS

JANUARY 27, 2020

More workers in the United States and around the world are beginning to ask for updated expense tools as business becomes more interconnected. Why Deft Spend Management Is Crucial To Successful Event Planning. To learn more about these and other recent headlines, download the Playbook and read its News and Trends section.

Management 160

Management Taxes Tools Metro 160

PYMNTS

APRIL 10, 2017

An Inspector General (IG) report into the United States Postal Service’s (USPS) use of fleet cards has turned up some questionable practices and millions of dollars of questionable transactions, reports Friday (April 7) said. The report, which explored USPS fleet card use across the eastern area of the U.S.,

Cards 100

Cards United States Management Analysis 100

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.

Cards 187

Cards Security United States Technology 187

PYMNTS

JULY 2, 2019

Uber is teaming up with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico, according to a report by Reuters. . Uber supports the extension of financial services in the country,” said Federico Ranero, Uber Mexico’s general manager. The company wants to promote banking in what is mostly a cash country.

Cards 108

Cards United States Regulation Management 108

PYMNTS

APRIL 10, 2018

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. There’s a personal element to the technical wizardry, though.

Management 144

Management Security United States Data 144

ATM Marketplace

MARCH 22, 2019

FSS Card Management System has enabled a leading prepaid processor in the US to differentiate its card offerings and stay ahead of the curve.

United States 53

United States Cards US System 53

FICO

FEBRUARY 22, 2023

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. December also saw a significant rise in UK cardholders missing one credit card payment, which underlines the financial pressures on consumers.

Cards 52

Cards Trends Analysis Strategy 52

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

AUGUST 25, 2017

Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. InComm is a tech firm which activates credit cards at the point of sale.

Cards 100

Cards United States Taxes Operations 100

PYMNTS

APRIL 4, 2019

Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers. In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform.

United States 180

United States Management Cards Tools 180

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. Trackers and Reports.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

MARCH 13, 2017

Sift, a free application that ensures credit card customers reap the full benefits of their cards, announced a $1.5 The Sift app has an opportunity to turn the credit card experience upside down,” said Joe Montana, managing partner at Liquid 2 Ventures.

Cards 100

Cards Montana United States Policies 100

PYMNTS

NOVEMBER 4, 2019

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. In the Mastercard results late last month, management said it had seen growth across credit, debit, prepaid and commercial spending.

Cards 101

Cards Payments America United States 101

PYMNTS

OCTOBER 25, 2017

Amid what management termed “healthy broader economic trends” in the United States, Discover Financial Services said that rising rates – coupled with increased credit card activity – helped to propel top- and bottom-line growth in the third quarter. Credit card net charge-off rates for the period stood at 2.8

Cards 100

Cards United States Management Conference 100

PYMNTS

JANUARY 26, 2017

The IRS has been using a John Doe summons to get access to taxpayers’ bitcoin information and is now using the same tactic to get debit card information. that may have offshore accounts created by Panamanian company Sovereign Management & Legal LTD. that received a Sovereign Gold Card debit card from 2005 to 2016.

Montana 100

Montana Cards Bitcoin Taxes 100

PYMNTS

MARCH 10, 2020

Chinese business expense management startup Fenbeitong closed a $36 million Series B+ funding round led by Eight Roads, Ribbit Capital and Glade Brook Capital, according to reports on Tuesday (March 10). . We have seen unicorns like Brex, Divvy, and TripActions emerging in the space of corporate expense management in the United States.

United States 130

United States Capital Management Resources 130

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

Abrigo

SEPTEMBER 20, 2023

Despite their size, this Miami credit union still took on giant risks that, according to FinCEN, exposed the United States financial system to significant opportunities for money laundering and terrorist financing. FinCEN said this was done with little to no risk management program.

Compliance 150

Compliance Regulation Miami Fraud 150