PYMNTS

NOVEMBER 23, 2020

Banks, merchants, issuers, processors — they’re all locked in combat with shadowy fraudsters that gain system access via phishing emails as easily as mice sneak into old houses. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. based organizations, 41.2

System 165

System Management Tools Cards 165

PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. This month’s Deep Dive explores some of the most effective public-facing technologies that drive speed in the industry, particularly kiosks, which allow diners to customize, place and pay for orders without waiting in line.

Technology 146

Technology Operations System Cards 146

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

Industry 471

Industry Trends social media Payments 471

PYMNTS

MARCH 11, 2019

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. These systems can provide restaurants with the ability to check their inventories or update their menus, for example. The global POS terminal market’s expected value by 2023 is $109.5B.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. As it turns out, the technology can also ease friction for suppliers' AR operations, too.

Cards 199

Cards Tools Payments Technology 199

PYMNTS

DECEMBER 16, 2019

Commercial payments technology company WEX announced on Monday (Dec. 16) that it has reached an agreement to manage Valero Energy ‘s fleet fuel card program, according to a press release. Their agreement builds upon an existing card acceptance partnership between WEX and Valero, the firms noted.

Cards 130

Cards Marketing Strategies Technology Payments 130

PYMNTS

APRIL 23, 2019

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer. The duality of physical and digital cards seems to have sparked at least some mulling from other firms.

Apple 200

Apple Cards Payments Course 200

PYMNTS

JUNE 12, 2020

To assist small and medium-sized businesses (SMBs) in expanding their operations, Mastercard and Octet Europe rolled out a new trade system throughout the European Economic Area (EEA). The business-to-business (B2B) trade network of Octet Europe, which is based on the cloud, reviews every firm in the system.

Technology 174

Technology Cards System Payments 174

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that technology firms were addressing.

Cards 155

Cards Innovation Fintech Payments 155

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. From these actions, community banks receive data on their income, home address, email address, credit card debt, employer and financial products they want to learn more about.

Community Bank 129

Community Bank Community Marketing Data 129

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he said. Ant’s highly profitable activities include making microloans, repackaging them and then tapping the public market to sell those loans.

Groups 242

Groups Cards Regulation Fintech 242

PYMNTS

OCTOBER 28, 2020

Expense management and accounts payable (AP) automation company Emburse has rolled out Emburse Cards and Tallie Travel to offer a simple way for clients to handle their travel and out-of-pocket expenditures, according to a Wednesday (Oct. In addition, employee card managers can supervise spend at a detailed level. 28) announcement.

Cards 122

Cards System Management Policies 122

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Coupa Connects With American Express For B2B Virtual Card Payments.

Cards 130

Cards Innovation Management Fraud 130

PYMNTS

SEPTEMBER 17, 2018

China’s UnionPay , the payment card issuer, is gearing up to roll out branded cards in the U.K. According to a report in the Financial Times , with UnionPay facing increased competition in its home market from the likes of Alipay and WeChat Pay , it is setting its sights on expansion.

Branding 177

Branding Cards Big Data Mobile 177

PYMNTS

JANUARY 22, 2020

Kalicom specializes in commercial network operations for digital card payment systems. ” The company will have more capabilities to sell, install and service terminals, and more capacity to process card transactions for small and mid-sized German accounts.

System 130

System Payments Cards Trends 130

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Enter Finxact.

Financial Technology 149

Financial Technology Technology Fintech Community 149

PYMNTS

NOVEMBER 23, 2020

And the firm is still seeing those checks get returned as fraud seeps into the system. The inherent challenge of check fraud: Check payments are not real-time in nature, so it takes a while for them to work their way through the system. Reversibility of payments remains a feature, too.

Fraud 252

Fraud Mobile Technology Course 252

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

Bobsguide

JUNE 22, 2022

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa.

Technology 78

Technology Payments Regional Cards 78

PYMNTS

MAY 31, 2017

In a press release, the credit card company said that with the upgrade, financial institutions and merchants would be better able to authenticate consumers and reduce fraud on transactions made via a mobile or desktop browser, app or connected devices. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

TheGuardian

MAY 17, 2022

The company’s stab at the biometrics checkout market has raised debate about data storage and tracking Mastercard is rolling out a controversial programme that will allow shoppers to pay at the till with a mere smile or wave of the hand, as it tries to secure a slice of the $18bn (£14.4bn) biometrics market. Continue reading.

System 98

System Security Cards Groups 98

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

NOVEMBER 5, 2020

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. How Virtual Cards Help Build Better Construction Pr ocurement. About The Report.

Cards 160

Cards Payments Groups Tools 160

Payments Source

NOVEMBER 7, 2017

USA Technologies, a provider of payments technology enabling card and mobile payments at vending machines in the U.S., is buying Cantaloupe Systems, which has its own line of vending machine payments solutions in the U.S. and other markets, for $85 million.

System 63

System Technology Mobile Cards 63

PYMNTS

JANUARY 29, 2020

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also looking at ways to take advantage of the unique challenges in particular industries. Mastercard Expands EU Biz Card Offerings.

Cards 141

Cards Industry Management Tools 141

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

DECEMBER 13, 2018

the release noted, and the real-time mobile transfer systems in Singapore and Thailand. Separately, a number of retailers, among them giants Target and Walmart, have requested that the Federal Reserve create a real-time interbank settlement system. Vocalink also has been involved in the launch of The Clearing House’s RTP in the U.S.,

System 134

System Payments National Cards 134

PYMNTS

JUNE 6, 2019

The Land Transport Authority of Singapore now includes Visa cards in SimplyGo, its contactless payment system. With SimplyGo, commuters can use a Mastercard or Visa contactless bank card or mobile phone to pay for transportation. . That has set the stage for transit systems to roll it out all over the world.

System 123

System Cards Payments Operations 123

PYMNTS

DECEMBER 17, 2019

One study determined that roughly one-third of consumers have been victimized by fraud, leading them to contact their financial institutions (FIs) to change login credentials, cancel credit cards and guard against suspicious transactions. The Technology Gap That Fosters Fraudsters. Bigger Banks And The Problems With Data Security.

Technology 142

Technology Fraud Data Security 142

PYMNTS

APRIL 23, 2019

United Arab Emirates (UAE)-based First Abu Dhabi Bank is rolling out a payroll card solution for the market via its Mercury payment operator unit, reports in Verdict said on Monday (April 22). Via Mercury’s partnership with Discover , the payroll cardholders will also be able to make payments and withdrawals abroad. ” .

Cards 144

Cards ATM System Operations 144

PYMNTS

SEPTEMBER 23, 2019

Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 What these studies didn’t reveal is that construction management software and tools like virtual cards can also speed payments and free up cash flow. How Virtual and Purchasing Cards Can Help.

Industry 169

Industry Cards Software Phoenix 169

Perficient

SEPTEMBER 29, 2022

Uber users input their payment information upon account creation, eliminating the need to dig through a messy purse or fumble through a wallet to find cash or a credit card to pay for a ride. By “cashing out,” earnings are transferred to drivers’ linked debit cards – all of this occurs without users having to leave the Uber app. .

Customer Experience 294

Customer Experience Software Cards Data 294

PYMNTS

OCTOBER 10, 2019

The cloud storage subscription market is expected to increase at a compound annual growth rate (CAGR) of 24.8 The cloud storage subscription market is expected to increase at a compound annual growth rate (CAGR) of 24.8 Cryptocurrency And Credit Cards. I think credit cards will be on the market for a long time.”.

Marketing 116

Marketing Payments Cards cryptocurrency 116

PYMNTS

FEBRUARY 25, 2020

“The range of solutions introduced in India will bring together Shell’s global experience and cutting-edge technology to offer a distinctive ‘Shell advantage’ to Indian fleet owners,” said Parminder Kohli, general manager of business development, marketing and operations for fleet solutions at Shell. . percent by 2025.

Cards 159

Cards Fraud Operations Management 159

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.

Mobile 105

Mobile Cards Marketing Maine 105

PYMNTS

OCTOBER 21, 2020

Speaking with PYMNTS, Sohn offered insight into why prepaid debit cards are a valuable solution to not only address the payroll needs of underbanked professionals, but strengthen the employer-employee relationship while bringing more people into the digital economy. Embracing Existing Technology.

Cards 141

Cards Resources Tools System 141

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133