PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. Around The B2B Payments For The Virtual Workforce World. RLJ Financial On Managing B2B Spend With Virtual Cards.

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Management Cards Company Innovation 268

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. They also offer more safeguards against fraud than traditional business credit cards. B2B Virtual Card Purchasing On The Rise. PYMNTS reported that 46.4

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

DECEMBER 15, 2020

Barclaycard is launching a new program, Barclaycard Precisionpay Go, to let companies issue virtual cards for employees' online purchases, according to a press release. Visibility will be available as soon as a payment is made, as well, and users can upload receipts alongside the transactional information in the SNAP reporting program.

Cards 254

Cards Mobile Resources Payments 254

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

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Innovation Payments cryptocurrency blockchain 323

PYMNTS

SEPTEMBER 18, 2020

Online marketplaces are the digital storefronts helping small to mid-sized businesses survive — but adding real-time settlement into the mix can help them thrive. And 60 percent of surveyed firms selling across online marketplaces would take their business to one that offers real-time settlement.

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Online Survey Maine Study 354

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. "We This matter is immaterial to the company.”.

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Online Data Columbus Cards 226

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. Going cashless has long been a conversation in the consumer payments world, but a report from HSBC in the U.K.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

NOVEMBER 1, 2020

Sellers have come to find it “crucial” to meeting customers where they live right now, which is through new online transactions during the pandemic. Instead, he said they should focus on setting up online payments first, ensuring that customers have the easiest experience possible.

Operations 247

Operations Meeting Online Innovation 247

PYMNTS

FEBRUARY 27, 2020

Mastercard and pan-European FinTech myPOS are teaming up to promote card payment solutions to small and medium-sized businesses (SMBs) across Europe, Mastercard announced on Thursday (Feb. The strategic partnership aims to inform more SMBs about the new tools for card acceptance that can fit their needs and budget.

Cards 150

Cards Payments Tools Innovation 150

PYMNTS

SEPTEMBER 22, 2020

For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution.

Cards 235

Cards Capital Online Security 235

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible.

Cards 141

Cards Payments Security Fraud 141

PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. As Poovala told Webster: “We had to get a debit card by actually creating our own startup.

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System Operations Fintech Taxes 258

PYMNTS

DECEMBER 14, 2020

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods.

Payments 349

Payments Online Retail Mobile 349

PYMNTS

SEPTEMBER 11, 2019

Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. The company has partnered with UnionPay to provide virtual and physical cards that will be accepted at point-of-sale terminals in China.

Cards 147

Cards Payments Illinois National 147

PYMNTS

JUNE 25, 2019

Walmart will now accept SNAP (Supplemental Nutrition Assistance Program) to pay for online grocery orders at all of its pickup locations, according to a report. Placing an order with SNAP is just like ordering with a debit or credit card. When the customer gets to the store, they give their EBT card to a store associate.

Online 102

Online Cards Arkansas Retail 102

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . Jollypay is the payment arm of Jollychic, a shopping platform.

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Operations ATM System Cards 139

PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. Virtual Cards were created by Checkbook to reduce the fear of losing a wallet or being a target of credit fraud, according to the release.

Cards 213

Cards Fintech California Fraud 213

PYMNTS

AUGUST 7, 2020

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19 , but the nation of 1.3 billion suffers from either a lack of internet or low-speed service, preventing many residents from taking part in touchless payments. Four years ago, India launched its Unified Payments Interface (UPI).

Payments 267

Payments Guidelines National System 267

PYMNTS

SEPTEMBER 29, 2020

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release Tuesday (Sept. The solution works for both companies with existing gift card programs and those looking to start one, the press release said.

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Management Cards Mobile Meeting 182

PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

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Cards Apple FDIC Samsung 167

PYMNTS

JANUARY 19, 2021

Cannabis software and delivery firm Blackbird is working with FinTech AeroPay to bring cashless payments to the cannabis industry, according to a press release emailed to PYMNTS. Blackbird customers will have access to an online pre-pay option for ordering items for delivery or curbside pickup.

Online 145

Online Retail Operations Payments 145

PYMNTS

JANUARY 26, 2021

B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. NuORDER brands can start taking credit card payments inside of their wholesale platforms without needing to process payments by telephone or harness a third-party payment gateway, according to a Tuesday (Jan.

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Los Angeles Payments Branding Online 185

PYMNTS

DECEMBER 16, 2020

B2B transactions are increasingly shaking free of paper-based methods as companies have moved operations online this year. Tools like virtual cards are now drawing interest as businesses look for transaction methods that can deliver more speed, cost savings and transparency. Around The B2B Payments World.

Cards 161

Cards Security Tools Payments 161

PYMNTS

JANUARY 22, 2021

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. But now gaming and sports betting is moving online and regulators are just now trying to figure out how to manage it.”. Or Michigan, which starts online gambling Friday, Jan.

Online 181

Online Tennessee Regulation Michigan 181

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Retail Online Cards Data 218

Perficient

FEBRUARY 17, 2023

In this blog, we will look at how a non-banking firm can offer bank-like payments and loans to its customers. Embedded Payments A 2022 study published by the Federal Reserve Bank of San Francisco noted that app payments increased as a percentage of total consumer purchases from 11% in 2019 to 15% in 2020, to 29% in 2021.

San Francisco 275

San Francisco Cards Online Payments 275

PYMNTS

SEPTEMBER 15, 2020

Although they are vastly different beasts, shifts in the consumer payments ecosystem have significantly impacted the flow of B2B payments. This is a great risk because if you don’t have the proper banking tools to get your funds to maintain your business operations, it can be very dangerous for business.”. Diversifying Risk.

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Payments Risk Management Management Compliance 299

PYMNTS

JANUARY 19, 2021

Cannabis software and delivery firm Blackbird is working with FinTech AeroPay to bring cashless payments to the cannabis industry, a press release says. The partnership will consist of an integration between AeroPay's payment platform into Blackbird's white-label dispensary menus and the BlackbirdGo cannabis marketplace.

Online 131

Online Retail Operations Software 131

PYMNTS

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company said it would focus on making it easier for African businesses to make payments to other companies, both on the continent and elsewhere.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

DECEMBER 23, 2020

We’re all consumers of media, of content, of subscriptions — and we do it all online, which means we pay for it all online. Payments 0rchestration, in a nutshell, said Evans, can help the entire payments ecosystem create and benefit from flexible payment stacks.

Company 274

Company Payments Fraud Online 274

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

Online 149

Online Retail Washington Fraud 149

PYMNTS

MAY 11, 2020

Business owners in these industries are learning how to survive financially as consumers abide by stay-at-home orders, all while preparing to restore their operations and afford payroll, utilities and other needs once doors reopen. Most are also discouraging cash tips or payments due to concerns that the virus can linger on paper.

Payments 189

Payments Cards Software Online 189

PYMNTS

JULY 20, 2020

The payments program from messenger service WhatsApp will be allowed to go forward in Brazil, the country’s central bank said, so long as all rules are respected, Reuters reported. Concerns over data protection and privacy also cropped up, Reuters reported. ” “Everyone can participate,” he said. “We

Payments 244

Payments Regulation Cards Operations 244

PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. It will be fully operational starting Monday (Nov. Case in point: Brazil.

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Payments System Cards Fraud 328

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. US Payments Are Playing Catch-Up.

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Online New Jersey Pennsylvania Regulation 142

PYMNTS

SEPTEMBER 17, 2019

In today’s highly interconnected ecosystem, businesses rely on many other companies to keep their operations running smoothly. The timeliness of B2B payments raises the stakes for all parties involved, as a missed or delayed payment can ripple across the network. Around The B2B Payment Spa ce. Fraud Epidemic.

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Cards Payments Fraud Phoenix 130

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

Cards 130

Cards United States Payments Innovation 130