PYMNTS

MARCH 7, 2019

The new law will take effect in July and would require most retail outlets to accept physical currency. New Jersey recently passed a similar law and New York City is on the path to doing so as well. Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S.

Philadelphia 213

Philadelphia New York City New Jersey Atlanta 213

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. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Cards 98

Cards US Data Fraud 98

PYMNTS

MAY 13, 2019

The list of locations banning cashless shops in the name of financial inclusion grew this week, with San Francisco joining Philadelphia and New Jersey in barring cashless retailers from the city. Under the new rules, all physical stores will be required to accept cash as a payment method. “I

San Francisco 115

San Francisco Cards Data blockchain 115

PYMNTS

MARCH 12, 2020

Renz helped to launch Amazon’s free shipping policy and introduced new multi-billion-dollar retail categories, such as beauty, shoes and groceries, according to her LinkedIn profile. She was also the CEO of Amazon subsidiary Quidsi, based in her native New Jersey, The Seattle Times reported.

Fintech 193

Fintech New Jersey Seattle Policies 193

PYMNTS

MAY 18, 2020

Bloomberg News reported analyst Jason Kupferberg said the gradual opening of states amid the coronavirus is a positive sign for retailers. For example, we wonder how many restaurants, retailers or salons can operate profitably if they are only allowed to be 25-50 percent full,” he said. Square Inc.’s Paychex Inc.,

America 186

America San Francisco New Jersey Resources 186

PYMNTS

APRIL 13, 2020

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019. Debit card spending is down 12 percent for the same period. Gas spending was down 55.5

Study 141

Study South Dakota North Dakota Wyoming 141

PYMNTS

APRIL 26, 2019

Critics contend that cashless stores impact those that don’t have credit cards, bank accounts or like to pay via cash, The New York Times reported. In other cashless payment news, Philadelphia recently passed a ban on cashless stores – the first big U.S. city to do so, per reports.

Philadelphia 131

Philadelphia New York City New Jersey New York 131

PYMNTS

MAY 23, 2019

The uptake in card usage comes as consumers seem willing to wield (tangible or digital) plastic on ever smaller transactions. Consider the fact that in 2015, half of buyers used cards for $8 purchases, and now half of buyers use cards for purchases as small as $4.50. That comes even as, Square estimates, the percentage of U.S.

San Francisco 200

San Francisco New Jersey Philadelphia Atlanta 200

PYMNTS

JANUARY 12, 2021

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients.

Arkansas 152

Arkansas New Jersey Oregon Capital 152

PYMNTS

OCTOBER 28, 2016

The average rate of a new bitcoin ATM? Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. What about gift cards? Turns out, former Amazon executive Gene Kavner’s already on the bitcoin gift card ball.

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

PYMNTS

SEPTEMBER 24, 2018

Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.

Puerto Rico 176

Puerto Rico West Virginia Vermont Wisconsin 176

PYMNTS

MARCH 21, 2019

San Francisco is considering following in the footsteps of New Jersey and Philadelphia and banning cashless stores, including Amazon Go, according to a report from CNBC. Many lawmakers say cashless stores are discriminatory toward lower-income individuals, as well as those without bank accounts or credit cards.

San Francisco 149

San Francisco Philadelphia New Jersey Taxes 149

PYMNTS

MAY 8, 2020

A bit more than a year ago, Square launched a revamped version of its Square Online Store and Square for Retail, in a bid to help sellers to reach consumers across a variety of channels. Card-not-present volumes are more than 50 percent of volumes, where pre-COVID they were roughly a third of volumes. Where The Bright Spots Lie.

Report 245

Report Online New Jersey Conference 245

PYMNTS

SEPTEMBER 11, 2019

for instance, nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the worldwide average somewhat, with one-third of all in-person transactions happening via contactless card. In May, New Jersey surpassed Nevada for the first time. Excluding the U.S.,

Mobile 123

Mobile New Jersey Las Vegas Nevada 123

PYMNTS

MARCH 21, 2019

The nature of cannabis commerce is changing, and not just because of spreading legalization (with New Jersey the latest state to be in the midst of considering that move). Evidence of that came earlier this year from Barneys New York. Upscale Sales. Not only that, but legal cannabis sales are going upscale.

Leadership 170

Leadership New Jersey Industry United States 170

PYMNTS

APRIL 29, 2019

Many citizens in the country are turning to credit and debit cards, and other payment options that exist in the digital world. The new law will take effect in July and would require most retail outlets to accept physical currency. New Jersey recently passed a similar law and New York City is on the path to doing so as well.

New York City 109

New York City New Jersey Philadelphia Massachusetts 109

PYMNTS

FEBRUARY 16, 2018

The publication said the two individuals, Vladimir Drinkman and Dmitriy Smilianets, were involved in a computer hacking scheme that impacted 17 retailers in the U.S., The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012. entities.

New Jersey 101

New Jersey Fraud Survey Cards 101

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. The machine also has a 21-inch screen that allows consumers to interact.

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

DECEMBER 11, 2017

In April, Affirm reported it had processed more than 1 million consumer installment loans made by Teaneck, New Jersey-based community financial institution Cross River Bank.

New Jersey 100

New Jersey Capital Apple Google 100

PYMNTS

JANUARY 19, 2017

They do have to be using uberPOOL, and it’s only available in select cities and New Jersey for now. But once the employer opts into the program through a participating benefit provider, the employee is able to add a commuter benefits debit card to their Uber account.

Taxes 100

Taxes Las Vegas San Diego Los Angeles 100

PYMNTS

OCTOBER 2, 2019

And you can bet (sorry) that this fall, more of that money is going through not only mobile channels, but via more prepaid cards and other innovative methods. in the coming years will almost certainly be the prepaid card aspect. Most importantly, the new legal atmosphere in the U.S. has added to that pressure.

Online 134

Online Houston New Jersey Innovation 134

PYMNTS

FEBRUARY 20, 2018

Just before the 20th century, two entrepreneurs found a new use for stamps — other than postage on a letter. Thomas Sperry of New Jersey and Shelley Byron Hutchinson of Michigan came together to form the Sperry and Hutchison Co. They sold stamps and redemption books to retailers, who would distribute them to their customers.

Retail 100

Retail New Jersey Cards Michigan 100

PYMNTS

MARCH 11, 2019

Amazon’s expansion into physical commerce was a similarly non-linear progression: news that the retail giant was expanding its grocery efforts beyond Whole Foods came right before the firm announced plans to scale back its pop-up shops. A similar law recently passed in New Jersey, and it seems New York is on the way to following suit.

Philadelphia 123

Philadelphia Data Atlanta Retail 123

PYMNTS

MAY 4, 2018

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Lease payments can be automatically deducted from a member’s bank account or credit card.

Puerto Rico 101

Puerto Rico Online West Virginia Vermont 101

Payments Source

JUNE 14, 2019

State and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations.

Payments 68

Payments Mobile Cards Retail 68

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. It’s the decoupled debit card. Merchants paid less when they accepted those cards. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PopularBank

MAY 27, 2020

Popular Bank Chief Operating Officer Manuel Chinea joined Amigos de Univision and the Statewide Hispanic Chamber of Commerce of New Jersey to discuss the current state of small business amid COVID-19 on Sunday, May 17, 2020. Business customers can work through business loans, lines of credit and credit cards.

Puerto Rico 52

Puerto Rico New Jersey Resources Maine 52

PYMNTS

JULY 15, 2016

The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

Rhode Island 100

Rhode Island Delaware New Hampshire New Jersey 100

PYMNTS

AUGUST 16, 2018

Traditional brick-and-mortar retailers are rolling out omnichannel options. Retailers are quick to adapt to new consumer expectations, whether they offer faster shipping or an upgraded program offering. Prime members within range of a Whole Foods, for example, have a new grocery option coming to their lives.

Dallas 106

Dallas Las Vegas Fort Worth Atlanta 106

PYMNTS

FEBRUARY 7, 2020

In 2019, Goldman partners with Apple on the launch of the Apple Card , which the bank’s executives have stated was the “most successful credit card launch ever.” Of Goldman’s $7 billion in consumer loans and card balances in 2019, card lending accounted for “a significant portion.”. The move is on-trend for both firms.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

JANUARY 29, 2019

Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. but help with other tasks that involve online retail and transactions.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

JUNE 23, 2016

Amazon announced on Wednesday (June 22) that it had finalized plans to open a new fulfillment center in Braselton, Georgia. According to Chain Store Age , the eCommerce giant has been fast at work supercharging its network of fulfillment centers, with two more coming in Illinois, New Jersey and California each, and another in Texas.

Georgia 100

Georgia New Jersey Illinois Atlanta 100

PYMNTS

AUGUST 18, 2016

Retailers looked at in the study are capable of enabling an NFC payment and include drug/grocery/QSR and some retail. Why do mobile payment users choose another method if they have taken the trouble to load their card data? There is a difference in the choice of debit or credit card as a funding source among users.

Mobile 100

Mobile Samsung Apple Payments 100

PYMNTS

MAY 17, 2018

Customers in New York, New Jersey, Chicago, Miami and Washington D.C. According to Recode , Uber Eats is bringing in nearly as much new customer revenue as Grubhub , with customers spending more on Uber Eats than on any other food delivery service in nine of the 22 most populous U.S.

El Paso 100

El Paso Fort Worth New York New Jersey 100

PYMNTS

APRIL 10, 2017

Reports in The Wall Street Journal last week indicate that Wells had to overhaul its credit card processing business after an internal inquiry turned up evidence that employees were falsely reporting customers’ sales and steering small businesses into contracts that were expensive and confusing. Merchant processors earned $18.15

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

NOVEMBER 27, 2017

The turnout this morning has been relatively slow, but it is still the best we have seen in three years,” said retail analyst Burt Flickinger. web retailers. Overall, according to the National Retail Federation (NRF), “it’s going to be a great weekend,” Matt Shay, NRF’s president, told CNBC.

Retail 102

Retail Online New Jersey Report 102

PopularBank

MAY 1, 2020

This program allows financial relief options for our customers who have been directly or indirectly affected by recent events and need assistance with existing loans, lines of credit, credit cards, and mortgages. At this time, we have strengthened our retail banking controls and are taking every precaution within each of our branches.

Community 95

Community New Jersey Meeting US 95