PYMNTS

FEBRUARY 3, 2020

The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. The creation of a “single European data space, a genuine single market for data” would include new rules governing cross-border use and data interoperability, among other tenets.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Apple Updates Wallet App to Reflect iPhone Financing for Apple Card Users.

Regulation 131

Regulation Data Apple Payments 131

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Fun, Cool And Otherwise Interesting.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

JULY 21, 2019

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Credit card statements will show that a purchase was made at the “Midgrun Eats LLC food truck, not at the Blüm Marijuana Dispensary ,” the Reno Gazette-Journal reports. .

Nevada 139

Nevada Cards NV Colorado 139

PYMNTS

FEBRUARY 11, 2020

In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’ request to stop California’s new gig economy law. Mastercard Gets Nod To Join China’s $27T Payments Market. Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year.

Marketing 150

Marketing Payments Retail California 150

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. Big Retail.

Retail 121

Retail Innovation Colorado Payments 121

PYMNTS

MARCH 1, 2019

Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. Reports state the complaint is focused on interchange fees – the amount paid by the lender servicing a trade outlet to the lender that issued the card. In the U.S. last month, they agreed to provide roughly $6.24 In the U.S.

Marketing 128

Marketing Cards Retail California 128

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. I feel like I could’ve found a way around any rule they make,” Ashlee Smith, 24, told CNBC.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

MARCH 15, 2019

Connected commerce is among the hottest trends in retail, and not just for streaming or ridesharing or online gaming services, but for subscription purchases, too. In fact, according to new PYMNTS research, digital services are expanding in the United States and in markets around the world.

Retail 146

Retail Payments Cards United States 146

PYMNTS

SEPTEMBER 18, 2019

Consumers want familiar, intuitive navigation and purchasing options, and international businesses need to simultaneously offer buying experiences that meet those expectations and remain compliant with shifting local regulations. This month’s Deep Dive examines key strategies subscription merchants can use to succeed in international markets.

Marketing 108

Marketing Cards Mobile Online 108

American Banker

OCTOBER 20, 2023

An advocate for retail merchants takes issue with a BankThink article criticizing the Credit Card Competition Act.

Cards 36

Cards Marketing Retail Compliance 36

PYMNTS

JANUARY 28, 2019

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

Cards 125

Cards New York Oklahoma Connecticut 125

PYMNTS

DECEMBER 8, 2017

They say gift cards are the gift that always fits. Thieves simply walk into Walmart, Target, Home Depot, Lowe’s or another big-name retailer, steal an item, return it at a different store without a receipt and receive a gift card in return, which they can then turn around and sell to a pawn shop or secondary store for a lower price.

Fraud 105

Fraud Cards Tennessee Retail 105

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers.

National 78

National Retail Regulation New York 78

PYMNTS

JUNE 8, 2020

Retailers have had to swiftly adapt to markets where online transactions have ballooned exponentially. Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. 14, 2019, deadline.

Payments 150

Payments Regulation Retail Online 150

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to reports from The Wall Street Journal.

Cards 224

Cards Course Security Fraud 224

Chris Skinner

MARCH 15, 2017

Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers (or Playing the Wrong Cards as they’re now called, after the Oscars) on challenger banking. It’s well worth a read, especially as they found that having branches is more important than mobile apps.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

NOVEMBER 30, 2020

Plus, the United Kingdom government is making a new Digital Markets Unit to enforce regulations that apply to Big Tech. UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules. The government of the United Kingdom is creating a new Digital Markets Unit assigned to enforce regulations that apply to Big Tech firms.

Payments 139

Payments Regulation Video Cards 139

PYMNTS

APRIL 3, 2020

BNPL solutions are the fastest-growing online payment methods in the United States as well as Australia, Brazil, the United Kingdom and more, and their market share is projected to grow at a compound annual growth rate of 28 percent over the next five years.

Exercises 165

Exercises Payments Millennials Cards 165

PYMNTS

DECEMBER 16, 2020

The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app. EU Releases First Drafts for Digital Services, Digital Markets Acts. Gojek’s apps have reportedly received hundreds of millions of downloads as of June 2020.

Technology 240

Technology System social media Payments 240

PYMNTS

APRIL 16, 2018

Flowhub provides POS and other financial services for cannabis companies, including the ability to accept cards — a challenge for businesses in the industry, considering financial service providers are reluctant to serve these firms because marijuana remains illegal under federal law. The publication cited data from Cowen & Co.

Software 102

Software Marketing Washington Compliance 102

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. It also limited the restrictions that issuers and payment card networks can place on the processing of an electronic debit card transaction. . Proposed Amendment to Regulation II. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

NOVEMBER 8, 2019

Goldman Extends $10B In Apple Card Credit In First Month. According to regulatory filings made public this week, Apple Card? customers had $736 million in loan balances at the end of September, though it’s not clear how that compares with other credit cards, as Bloomberg said banks do not break out performance by individual cards.

Apple 100

Apple Cards Fraud User Experience 100

PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. But it plans to avoid the interest-free introductory deals common among the nation’s credit card market.

Security 215

Security Capital Cards Report 215

Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. million credit cards, 118.3 debit cards and 1.7 million POS terminals in the market. As of January 2017, there are 58.8

Innovation 196

Innovation Cards Trends System 196

PYMNTS

OCTOBER 20, 2016

On Wednesday, November 2nd at 1:00 PM (EST) join ecommerce advisors James Rendell, CA Technologies ; Paul Baker, Mastercard ; and Karen Webster, Market Platform Dynamics for a live digital discussion surrounding 3D Secure 2.0. CEO, Market Platform Dynamics. But, what are the choices and consequences of migration? Karen Webster.

Security 100

Security CA Cards Strategy 100

PYMNTS

MAY 2, 2019

Royal Bank of Scotland is going after the payments market, launching a new unit Thursday (May 2) that will put it in competition with Worldpay , the former unit it was forced to unload. RBS’ new unit will likely be well-received by regulators who are concerned about competition issues in the payments market.

Payments 173

Payments Regulation Analytics National 173

PYMNTS

OCTOBER 1, 2020

Necessary ingredients of healthy international B2B commerce are dealt with in detail in PYMNTS’ new Merchants Guide To Navigating Global Payments Regulations done in collaboration with Ekata , which surveys the expanding global B2B payments landscape. Merchants, their payment providers and their regulators must keep up,” per the new Guide.

Regional 130

Regional Regulation social media Security 130

FICO

JUNE 21, 2021

Many credit card issuers were faced with making new operational decisions, adapting to new regulations, and providing a safe and engaging customer experience. This market update will help you keep a pulse on the changing circumstances that the pandemic has on consumers and payment trends. one year earlier in April 2020.

Trends 52

Trends Marketing Payments US 52

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was well attended, with broad representation from all institution sizes and markets. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g. One spoke of the need to market correctly.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

JANUARY 18, 2017

Not only does it require a significant shift in the behavior of consumers but also a complete mindset change for banks, merchants and even regulators. KW: How do you get the consumers — who, in many of these markets, are very cash-centric — on board? Enabling mobile payments isn’t easy. Here is an excerpt of the conversation….

Marketing 100

Marketing Regional Mobile Regulation 100

PYMNTS

MAY 24, 2017

Google has long claimed that the ads it shows users actually prompt them to make purchases online and in real life – and now they have the credit card data to prove it. Neither Google nor its retail partners have access, and neither knows the shopper’s identity.

Google 102

Google Cards Data United States 102

Tomorrow's Transactions

JUNE 3, 2016

I’m in Frankfurt for the annual PayComm MEETS Europe, my chance to catch up with practitioners from the continental card markets. It’s really hard to keep up with all of the change in the market, driven primarily because of the regulation rather than new technology. The pace of regulatory change seems relentless.

Cards 30

Cards Marketing Regulation Course 30

PYMNTS

JULY 24, 2020

Creating secure, convenient experiences for sellers and buyers alike is critical to eCommerce marketplaces looking to serve the retail sectors’ new needs and to help platforms appeal to more users. The collaboration is expected to give Visa’s global merchant and card network access to M-Pesa’s financial services network.

Compliance 152

Compliance Report Payments Security 152