PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. As it stands now, Citigroup operates branch offices in only six large cities in the U.S. but has credit cards that are used around the country. better than the Street.

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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. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer.

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PYMNTS

APRIL 10, 2019

FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. In a press release , Extend said the funding was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank.

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PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

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PYMNTS

MARCH 23, 2017

The maxim has stayed the same in the ensuing decades, but the technology has changed. Some of money has been returned, to the tune of about $15 million, after having been traced through a laundering operation that wound its way through the Philippines via casinos and some enterprises. Acting not against individuals, but another nation?

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PYMNTS

MARCH 26, 2019

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. The company is targeting both regional and national businesses with a minimum of 10 locations. The employee or wait staff wouldn’t know the difference between a voice or an online order.

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PYMNTS

MARCH 19, 2018

In an interview with The Financial Times , Sarker said Mastercard would be willing to facilitate if the coin in question was a national cryptocurrency that was legitimate and was used as a national digital currency issued by central banks. “If He warned the credit card company has no exposure to the wild swings of bitcoin’s price. “We

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PYMNTS

MAY 10, 2018

In an interview with PYMNTS, National Business Systems VP David Riley noted a lack of awareness in the field for smaller firms across several verticals. Go back to the first big change in cashier technology, he told PYMNTS, and “the fact that cash registers could even accept integrated payments was a huge change,” he said.

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PYMNTS

JUNE 26, 2020

Some startups focused on data aggregation to expand underwriting capabilities, while others operate platforms to facilitate financing. But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week. Pipe Technologies. million investment round this week.

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PYMNTS

FEBRUARY 21, 2018

Beware the credit card test. There may be no escaping credit card fraud, as it comes in one form or another. Overall, one subset of card fraud is on the rise: Last year, Radial’s eCommerce Fraud Technology Lab said credit card testing was up triple-digit percentage points on an annualized basis.

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Cards Fraud Data System 156

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

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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.

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PYMNTS

JUNE 6, 2017

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. I’ve had the privilege to study and do research at many amazing universities and national labs around the world throughout my career. I can truly say I stand on the shoulders of giants,” he said.

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PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. They are not always fast followers of newly introduced products and services from their larger banking brethren who operate on a national scale.

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PYMNTS

NOVEMBER 16, 2020

Customers will be able to pay for the transactions by drawing against balances in PayPal or Venmo accounts or by drawing on bank accounts, debit cards or credit cards linked to a PayPal or Venmo account. The partnership.

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Payments United States Retail Resources 264

PYMNTS

SEPTEMBER 23, 2020

21) clarified the authority for federal savings associations and national banks to keep reserves for clients who issue stablecoins. Mesh Payments pointed out that small and medium-sized businesses (SMBs) use over 40 subscription-based software packages on average, and many of them are key to business operations. Bank Instant Card.

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PYMNTS

SEPTEMBER 2, 2019

For B2B payments, this summer was a season of technological progress. Both buyers and suppliers say they are looking forward to adopting technology that can tackle their biggest accounts payable (AP) and accounts receivable pain points, with PYMNTS’ July Payables Friction Playbook , a collaboration with Corcentric, finding that 42.6

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PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

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PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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PYMNTS

DECEMBER 21, 2020

and five other nations identified 100 million potentially fraudulent transactions between March 11 and April 28, for example. One May report noted a 54 percent month-over-month increase in loyalty- and gift card-related promotion abuse, for example. One recent report that surveyed consumers from the U.K., is projected to reach $794.5

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Fraud Cards Retail Resources 210

PYMNTS

DECEMBER 18, 2020

Financial resources will be harnessed to keep growing operations, help with research and development and power additional artificial intelligence (AI) technologies, while the company also said it will go after inorganic growth opportunities, the release stated. Zenoti said it fuels over 12,000 companies in more than 50 nations.

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PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains. Around The World Of Smarter Payments.

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Mobile Payments Cards Retail 220

Perficient

NOVEMBER 22, 2022

Members of the Army and Air National Guard, provided they have been called to respond to a national emergency and their period of active duty is more than 30 days in a row. Active duty commissioned officers of the Public Health Service or the National Oceanic and Atmospheric Administration. All active-duty Reserve personnel.

National 275

National United States America Lending 275

PYMNTS

JANUARY 14, 2021

percent market rate that the National Retail Federation (NRF) had predicted, according to the release. In addition, PSCU found that increased adoption of contactless “tap and go” transactions through dual interface cards continued to occur during last year’s holiday season. percent of card present activity on contactless credit cards.

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Innovation Strategies Cards Analytics Survey 155

PYMNTS

JANUARY 29, 2019

As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank. million credit cards, 15.8 million debit cards and 10.8 million prepaid cards. Finxact’s own offerings operate in the cloud. “I

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Fintech Cards System Groups 145

PYMNTS

NOVEMBER 4, 2020

The following Deep Dive explores the ways in which QSR customers’ ordering and payment habits are shifting, as well as how restaurants are changing their operations to meet consumers’ new payment demands. These innovations have revolutionized diners’ experiences and transformed the purchasing process. The Evolution Of Ordering. drive-thrus.

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PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. Co-founder and CEO Nuno Sebastiao contrasted his company’s experience with those of others.

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PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves.

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PYMNTS

DECEMBER 2, 2019

China has implemented a new policy requiring citizens who want new phone service to scan their faces to verify identities instead of simply presenting ID cards, according to a report in The Wall Street Journal. 1), and it was ostensibly put into place to tamp down on fraud and stop the illegal sales of mobile phone cards.

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PYMNTS

MARCH 13, 2019

A subway operator in Shenzhen, China is testing facial recognition software, powered by a 5G network, to pay for entry, according to reports. The face would be linked to a payment account, although whether the technology will work for similar faces or twins is not known.

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PYMNTS

JULY 30, 2020

Report: India’s National Payments Corp Vulnerable To Security Breaches. National Payments Corp. The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. of India (NPCI) discovered over three dozen security risks in 2019.

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PYMNTS

DECEMBER 30, 2019

The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . The requests are going to be handled by the National Payments Corporation of India (NPCI).

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PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance.

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PYMNTS

MAY 13, 2019

Coverage includes Motion Pay Technology Inc. ’s uBUCK Technologies, a subsidiary of Canada ’s LiteLink Technologies Inc., is intending to work with Datable Technology Corp. Coverage includes Motion Pay Technology Inc. ’s uBUCK Technologies, a subsidiary of Canada ’s LiteLink Technologies Inc.,

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PYMNTS

MAY 20, 2020

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

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PYMNTS

JANUARY 15, 2021

Many companies have been forced to adjust their business operations during the pandemic as they transact and cooperate remotely to reduce the risks of viral transmission. She has encouraged clients to use videoconferencing technologies to tackle these tasks. . Once they do it a few times, it becomes second nature.

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