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

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

PYMNTS

SEPTEMBER 29, 2020

Volopay is teaming up with global FinTech platform Nium to offer a new and improved corporate credit card to enable companies to keep a sharper eye on expenses. Volopay, which is currently focused on Singapore-based businesses, is now planning to expand its reach to the entire ASEAN region and Australia as well.

Cards 140

Cards Fintech Software US 140

PYMNTS

JANUARY 7, 2020

Mobile wallets are on the march, so to speak, and what happens with them in their next phase of development — in 2020 and beyond — will say much about what happens to broader areas of payments. Creating a common platform is really the foundation of these mobile wallet offerings.”. That’s a bit of a mouthful. Conversation Topic.

Mobile 139

Mobile User Experience Regional America 139

PYMNTS

OCTOBER 26, 2020

BPCL has teamed with Fino Payments Bank in order to provide digitized card refills for fleet drivers in India, according to a report from The Hindu BusinessLine. Before this, truck drivers had difficulty refilling their BCPL Smartfleet cards in and around Erode. There are over 700 BPCL outlets in Tamil Nadu, according to the report.

Cards 184

Cards Payments Regional Management 184

PYMNTS

NOVEMBER 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. In a disclosure to affected customers, T-mobile said there was a data breach affecting prepaid data customers. . A T-Mobile representative told reporters that the incident affected “less than 1.5

Data 203

Data Mobile Security Regional 203

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. Uala offers users prepaid Mastercards, metro card refills, digital payments and bill payment services.

Mobile 155

Mobile Metro Regional America 155

PYMNTS

DECEMBER 11, 2019

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. Because their mobile money wallets lack a virtual or physical network credential associated with them, in general they can not work with international use cases. But that might be changing, as today (Dec.

Mobile 143

Mobile Cards Payments Regional 143

PYMNTS

JUNE 27, 2017

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. Hyundai Card members can use the app to initiate transfers without additional sign-up.

Cards 100

Cards Mobile Digital Strategies Fintech 100

PYMNTS

MARCH 21, 2019

Western Union announced that it has teamed up with cross-border payments network Thunes to enable customers to send funds directly into mobile wallets around the world. In addition, users of Western Union’s network of agents can also send funds directly into a recipient’s mobile wallet. “We

Mobile 176

Mobile Miami Regional Payments 176

PYMNTS

OCTOBER 24, 2018

24) a partnership to issue prepaid cards tailored to the Southeast Asian market. In a press release, the companies said that the Southeast Asian region, which is home to more than 640 million people, has stayed largely cash-based. This partnership goes beyond Grab issuing prepaid cards, and is a game-changer for Southeast Asia.

Cards 126

Cards Regional Mobile Payments 126

Bank Innovation

JULY 20, 2016

Regions Financial Corp. The Regions-Avant partnership was announced last April. is using its upcoming Avant deployment as an opportunity to “refresh” its digital offerings. “[W]e’re in the process even Read More.

Regional 150

Regional Online Company Lending 150

PYMNTS

AUGUST 11, 2019

Shops in Mexico started asking customers to pay with cash after several of the country’s biggest banks started having issues handling debit and credit card payments, Reuters reported on Saturday (Aug. Reuters reported that it was not immediately clear whether cards other than those issued by Banorte, HSBC and Santander were affected. .

Cards 116

Cards San Francisco Regional Capital 116

PYMNTS

JANUARY 8, 2020

Caixin Global reports that Chinese mobile transaction company Tencent has decided to combine part of its authentication software with government-owned rival UnionPay. Tencent and UnionPay’s working together will enable multiple retailers to interface with a greater number of mobile payment apps without displaying multiple QR codes.

Mobile 112

Mobile Payments Regional Software 112

PYMNTS

SEPTEMBER 15, 2020

million credit card customers to more easily manage and pay their balances. The bank’s “Pay by Bank” platform will be enabled by Mastercard’s Open Banking Connect service, which allows mobile and online credit card customers to make safe and instant electronic payments from their accounts.

Cards 140

Cards Payments Regional Survey 140

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. With governments across the globe looking to improve infrastructure in terms of the internet and mobile devices, the demand for contactless payment systems is also likely to improve.

Mobile 105

Mobile Cards Marketing Maine 105

Gonzobanker

NOVEMBER 26, 2018

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

Regional 92

Regional Strategy Technology Innovation 92

Bank Innovation

APRIL 19, 2018

Personal payment cards issued by the Royal Bank of Canada are now supported by Samsung’s mobile payment system, Samsung Pay, the company announced today.

Samsung 239

Samsung Payments Regional Cards 239

PYMNTS

NOVEMBER 5, 2020

Square posted third-quarter results that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment volumes (GPV) and increasing embrace of Cash App. Square Card And Card Not Present . Total net revenues of $3 billion were up from $1.9

Cards 158

Cards Conference Bitcoin Taxes 158

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

Payments Source

NOVEMBER 19, 2018

contactless cards didn't pave the way for mobile as they did in other regions. Without widespread acceptance of contactless cards, merchants were put in the position of being asked to upgrade their terminals for mobile without any promise that the investment would pay off. Part of the issue is that in the U.S.,

Mobile 93

Mobile Regional Cards Payments 93

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

America 248

America Regional Fraud Mobile 248

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

MAY 17, 2017

The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016. in revenue in 2016.

Cards 126

Cards Regional America Industry 126

PYMNTS

APRIL 23, 2019

Standard Chartered Bank has unveiled instant digital credit issuance in Singapore to shorten the process of accessing a credit card, according to reports. Applicants can activate their cards after they attain immediate approval for their applications. They can then add their cards to wallets from Google Pay, Samsung Pay and Apple Pay.

Cards 115

Cards Google Regional Samsung 115

CB Insights

SEPTEMBER 13, 2022

What is mobile POS? Mobile point-of-sale (mPOS) companies are creating software or portable points-of-sale that enable a smartphone or tablet to function as a cash register. Businesses can receive payments instantly by downloading a mobile app that connects a smartphone or tablet to a card reader. hbspt.forms.create({.

Trends 64

Trends Mobile Report Marketing 64

PYMNTS

APRIL 23, 2019

However, according to Ondot Systems CEO Bharghavan Vaduvur (BV) in a recent conversation with PYMNTS’ Karen Webster, win or lose, Apple will change the conversation about how we pay by spurring existing stakeholders — especially card issuers — to examine how they come to market. The digital card will be linked to Apple Pay.

Apple 200

Apple Cards Payments Course 200

The Paypers

APRIL 10, 2019

(The Paypers) Mastercard has partnered with Germany-based Giesecke+Devrient (G+D) Mobile Security to accelerate issuance of contactless cards in Latin America and the Caribbean (LAC) region.

Regional 28

Regional Security Mobile Cards 28

PYMNTS

JANUARY 9, 2020

The program is housed in an app that will provide users with a photorealistic AR experience in a 360-degree virtual environment, where they can interact with a number of displays that educate them on the features of their card. To begin, the users must scan their cards on their phones. According to the J.D. Power 2018 U.S.

Cards 131

Cards Examples Regional Apple 131

PYMNTS

APRIL 13, 2018

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. The average of loans on cards stood at $159 billion, up from $152 billion.

Mobile 130

Mobile America Trends Retail 130

PYMNTS

JUNE 10, 2020

BNP Paribas, Coupa Pair On V-Cards. Corporate spend management platform Coupa is expanding availability of virtual commercial card payments as a result of a partnership with BNP Paribas , according to a press release from the financial institution. ” Saxo Inks Give Bank Deals. . ” Saxo Inks Give Bank Deals.

Cards 130

Cards Fintech Tools Management 130

PYMNTS

JANUARY 14, 2019

14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers – but mobile initiatives and credit trends showed traction in the latest set of data from the company. Revenue from credit cards gained 1 percent, standing at $5.1 Revenue from branded cards came to $2.2

Mobile 108

Mobile America Branding Cards 108

PYMNTS

JULY 27, 2020

It’s development that Movile has a front row seat for as a Brazil-based holding company that’s developed, as well as invested in, a host of Latin America tech-based startups in an attempt to build a regional digital ecosystem and a mobile commerce platform. It’s not at full scale yet,” Hruby said. “We’re

Mobile 153

Mobile America Regulation Regional 153

PYMNTS

DECEMBER 11, 2019

The Moka app enables merchants to accept debit and credit cards as well as mobile payments like Alipay. million active monthly users in the rest of the region. Moka’s cloud-based POS platform assists restaurants, coffee shops and retail outlets with handling payments. million active users. The company said it has 7.1

Mobile 130

Mobile Regional Analytics Google 130

PYMNTS

JULY 27, 2018

In addition, Armenia’s VTB Bank launched mobile banking services, and Armenia’s ACBA-Credit Agricole Bank has started to accept JCB cards across the country. Armenia’s ACBA-Credit Agricole Bank has started to service JCB cards, the two companies said in an announcement.

Mobile 101

Mobile Cards ATM Fintech 101

PYMNTS

JULY 10, 2020

“We are seeing more and more issuing banks championing virtual cards that feed directly into mobile wallets, doing away with plastic once and for all.”. For example, do we really need plastic cards anymore? Some changes wrought by recent events are not unwelcome. An End to Plastic.

Payments 201

Payments Cards Mobile Innovation 201

PYMNTS

SEPTEMBER 12, 2018

12) that it has launched the Western Union mobile app with omnichannel options in Mexico, enabling customers in that country to send digital money transfers to more than 200 countries and territories. It has already made the service available in Brazil, Jamaica, Panama, Latin America and the Caribbean region.

Mobile 108

Mobile United States Regional America 108