FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Across the US, we saw clear geographic focal points for skimming activities.

Cards 98

Cards US Data Fraud 98

PYMNTS

FEBRUARY 11, 2020

11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. . The People’s Bank of China said in a statement that it has approved an application by Mastercard’s Chinese joint venture to conduct bank card clearing business in the country.

Marketing 200

Marketing Payments Cards Mobile 200

PYMNTS

NOVEMBER 5, 2020

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. In theory, the system could eventually allow consumers to bypass credit cards and transfer money directly from their bank accounts to a merchant’s account. 5) to block its planned $5.3

US 343

US San Francisco United States Policies 343

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

Cards 248

Cards Innovation United States Branding 248

PYMNTS

DECEMBER 11, 2020

I don’t foresee us reverting to the way it used to be even after the pandemic is over and we are able to walk around without masks on.”. 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.

Cards 291

Cards United States Strategy Retail 291

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

Nevada 142

Nevada Marketing US Payments 142

Bobsguide

APRIL 25, 2019

The adoption of contactless cards is being dwarfed by that of alternative payment methods in the US, according to market participants. “While people may be aware of [contactless] I don’t know if it’s being used as broadly as everyone would like it to be,” says Mark Bunney,

US 117

US Cards Mobile Marketing 117

PYMNTS

NOVEMBER 16, 2020

Will POS terminals without a clear purpose make us long for the days of swiping plastic, punching buttons and squinting at tiny screens? In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. In a word: no.

Cards 239

Cards Payments Innovation Customer Experience 239

PYMNTS

DECEMBER 2, 2020

This week's Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed to enhance spend management and help SMBs access credit during turbulent times.

Cards 163

Cards Fintech Innovation Management 163

PYMNTS

JUNE 2, 2020

Together, we are united in a shared vision of disrupting the outdated credit card sector with digital, fairer alternatives,” said Zip CEO and Managing Director Larry Diamond in a statement. competitors in the booming consumer finance market. It comes as younger shoppers seek easy alternatives to interest-charging credit cards.

Marketing 130

Marketing US New York Cards 130

PYMNTS

NOVEMBER 18, 2020

In the fourth quarter, the two companies aim to work with "business and corporate cards, travel cards, fleet cards and procurement cards, among other corporate payment solutions" to aid businesses of varying sizes and sectors to move cashless payments.

Cards 188

Cards Regional User Experience Payments 188

Perficient

JANUARY 24, 2023

As a baseball card collector since childhood, I remember when eBay opened its URL back in 1995. One could buy and sell baseball cards on the site but had to mail a check, or await the arrival of a check, via snail mail. Baseball card heaven for both buyer and seller. Consider the evolution of eBay.

Branding 472

Branding Cards Strategy US 472

PYMNTS

APRIL 12, 2018

Fiserv, a global provider of financial services technology solutions, announced Wednesday (April 11) it has named Kim Crawford Goodman president of card services. Goodman brings to Fiserv more than 25 years of experience in the payments market, software and business innovation, and consulting.

US 124

US Cards Leadership ATM 124

PYMNTS

JANUARY 15, 2021

14) that it will soon be offering a cryptocurrency rewards credit card with its acquisition of Blockrize , which was developing such a card. Gemini Credit Card users will earn up to 3 percent back in cryptocurrency on every purchase, the release said, and will be able to use the card everywhere major cards are accepted.

Bitcoin 191

Bitcoin Cards cryptocurrency Regulation 191

PYMNTS

JULY 15, 2020

with an app and debit card, is expanding its range of services into the realm of cryptocurrency trading with a big assist from Paxos. We’re proud to offer financial market infrastructure that supports an open, digital financial future.”. European FinTech Revolut, which recently debuted in the U.S. Revolut made its U.S.

US 233

US cryptocurrency FDIC Compliance 233

PYMNTS

JANUARY 31, 2021

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. Replacing them is much easier than replacing plastic cards. With Extend, City National is the first issuer in the U.S.

National 172

National Cards New York City New York 172

PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. consumers interested in applying for its new Coinbase Card, a Visa debit card that enables users to use their Bitcoin or other crypto holdings to shop online and in stores, in addition to converting their cryptocurrencies to cash at the ATM.

Cards 193

Cards cryptocurrency ATM Bitcoin 193

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

Cards 150

Cards Analysis Retail Apple 150

PYMNTS

NOVEMBER 29, 2018

India-based digital payments service Paytm said it wants to take over the Japanese mobile payment market , according to a recent report. It’s a market that we believe is at an inflection point, because people have done lot of trials but led with card (credit/debit) … we believe we have a very high value proposition.”

Marketing 157

Marketing US United States America 157

PYMNTS

DECEMBER 9, 2020

Payment solution provider Plastiq has teamed with accounts payable (AP) automation company Tipalti to let companies pay vendors with their business credit cards even if their vendors don’t accept credit cards, according to a Wednesday (Dec. 9) announcement. The news comes as Plastiq joined the U.S.

Cards 141

Cards Payments US Tools 141

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. SmartHealth PayCard is enabled with the agile processing of i2c and is offering the first healthcare-only credit card.

Cards 175

Cards Digital Banking Fintech Mobile 175

PYMNTS

JULY 25, 2019

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. It is thus imperative that those seeking to expand into new markets adjust their fraud protection strategies to better fit local customer needs. Bringing a global fraud approach to a new local market. operations.

Fraud 164

Fraud Marketing US Resources 164

Jeff For Banks

MARCH 21, 2024

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. It was not until May 11, 2023, that the US national emergency was lifted, but sadly, the free cash handouts continue. This development could give us good news on inflation. trillion, or 124% of GDP.

Marketing 148

Marketing Policies Report Atlanta 148

BankBazaar

JUNE 14, 2023

Be it Credit Cards or coffee, too much of anything is bad! If you’re addicted to applying for Credit Cards, then this article might just be the antidote that you’re looking for. Swiping a Credit Card is as cool as sporting the best shades or shoes in the market (at least for me). Here’s our take. We’re impulsive beings.

Cards 78

Cards System US Management 78

PYMNTS

NOVEMBER 13, 2020

One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets. billion digital ID apps are expected to be in use by 2025, with their growth being mostly attributed to the need for contactless ID verification during the pandemic.

Fraud 242

Fraud US Mobile Study 242

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

PYMNTS

DECEMBER 16, 2019

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. ” Collaboration is an important part of WEX’s market strategy. .

Cards 130

Cards Marketing Strategies Technology Payments 130

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. Cards Tackle Event Planning Expenses.

Cards 141

Cards Industry Management Tools 141

PYMNTS

JANUARY 30, 2020

Pleo , a business banking company, has announced that it is pivoting its business model in partnership with JPMorgan and Mastercard , and will now offer company credit cards instead of prepaid spending cards, according to AltFi. We remain committed to providing the best product in the market for business spending.

Cards 132

Cards Management US Marketing 132

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

Cards 159

Cards Branding Customer Experience Innovation 159

PYMNTS

MAY 13, 2020

EedenBull , a Norwegian FinTech, has rolled out its new commercial card platform to banks to take advantage of better B2B payment capabilities, according to a press release. The cards will allow a full range of capabilities for small businesses to larger corporate entities and have the ability to handle all B2B processes, the release states.

Cards 145

Cards Fintech Payments Management 145

Bank Innovation

JUNE 28, 2019

As contactless payments gain wide adoption in Europe, there are questions around how quickly the technology will scale to U.S The Czech Republic, for example, has seen wide adoption based on infrastructure upgrades from both payment providers and retailers.

US 170

US Analytics Cards Examples 170

PYMNTS

MARCH 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere.

Cards 130

Cards Fintech Innovation Policies 130

PYMNTS

AUGUST 22, 2019

Once it is downloaded, people can apply for an account and a Visa debit card. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc.

US 157

US San Francisco United States Chicago 157

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

DECEMBER 8, 2016

market, issuing $6.8 What’s more, Bloomberg found they are finding lots of buyers of the Canadian-backed debt largely because Canadian consumers are known to pay off their credit card debt. Bloomberg noted that it’s pricier to borrow in Canada’s securitized credit card market that is much smaller than in the U.S.

Cards 100

Cards US Security Marketing 100

FICO

AUGUST 18, 2021

This post explores the credit card trends in the US, UK and Canada, reviewing regional differences and focussing on the impact of the pandemic. Lenders will need to react swiftly and strategically to potentially quick changing economic conditions and optimise the use of the data available to them. Canada is nearly double the US.

Trends 52

Trends US Cards Regional 52