PYMNTS

FEBRUARY 13, 2019

Kroger , one of America’s largest supermarket chains, is introducing a new mobile payment option and a loyalty rewards card, according to reports. At the terminal, shoppers can either use biometrics, enter a custom code or take advantage of the app’s QR code functionality to provide payment and loyalty card info. ” .

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Perficient

SEPTEMBER 29, 2022

This blog marks Part 1 of our Embedded Finance Blog Series and will introduce the overarching concept of embedded finance, setting us up to discuss embedded payments, embedded lending, and embedded insurance (all of which fall under the embedded finance umbrella) in future blogs. Use Cases . The Technology Behind Embedded Finance .

Customer Experience 294

Customer Experience Software Cards Data 294

PYMNTS

JULY 2, 2019

Commercial card solutions provider WEX has announced the completed takeover of Go Fuel Card, first revealed earlier this year. Go Fuel Card operates its proprietary card network, with cards accepted at several thousand retail locations in the region. Europe and Australia,” he continued.

Cards 108

Cards Strategy Regional Groups 108

PYMNTS

JUNE 27, 2019

The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We We looked to technology to assist us,” Rasmusson said. Customers visiting the store can select items and check themselves out with a tablet-based point-of-sale (POS) system that accepts credit and debit cards.

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PYMNTS

NOVEMBER 13, 2020

In today’s top digital-first banking news, FISPAN has joined Mastercard’s Start Path accelerator program, while Wells Fargo & Co is looking to sell its private-label credit card and point-of-sale (POS) financing arm. Wells Fargo Seeks Bidders for Private-Label Credit Card Unit. percent last year.

Cards 186

Cards cryptocurrency Report US 186

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started.

Technology 195

Technology Lending Capital Meeting 195

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The most commonly used physical identifiers for authentication are fingerprints and facial recognition scanning. million this year and 94.4 million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

MAY 25, 2017

USA Technologies (USAT), a payment technology provider of cashless and mobile transactions in self-serve retail , announced Wednesday (May 24) a strategic agreement with Five Star Food Service, a full-service vending, micromarkets, office refreshment services and corporate dining company, to expand their partnership.

Technology 101

Technology Digital Strategies Leadership Retail 101

PYMNTS

AUGUST 15, 2018

can now process chip cards in just two seconds on Square Reader, for contactless and chip, and Square Register. Since chip cards arrived in the U.S., we have focused on making our chip reader fast for our sellers, and three seconds or more wasn’t quick enough,” said Jesse Dorogusker, head of hardware operations at Square.

US 101

US Cards Security Fraud 101

PYMNTS

FEBRUARY 15, 2018

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model. We believe that Payworks has both: a great team and an offering that can have real impact in the fast-changing world of card payments.”.

Technology 100

Technology New York Innovation Payments 100

PYMNTS

OCTOBER 11, 2020

The deal will see Paynetics work with corporate customers, who have previously relied on Wirecard for card issuing and payment services, to adopt Paynetics for the continuation of their existing card programs,” the announcement states. Terms were not disclosed in the announcement. and European markets.”.

Operations 264

Operations Cards Software Payments 264

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Based in Norway, Scotland and Singapore, EedenBull calls itself a “technology-agnostic innovation company built by banking, payment and technology professionals.”.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

JULY 16, 2019

Among the latest examples, N26 , which is a digital-only bank based in Europe, has entered the US market through partnership with Axos Bank in order to offer FDIC insured accounts. The partnership also includes the joint launch of a debt card, and N26 has said that it has 3.5 The company has raised $500 million to date in VC funding.

Digital Banking 101

Digital Banking US FDIC Cards 101

PYMNTS

FEBRUARY 9, 2018

Telematics company Airmax says fleet card fraud will be “a thing of the past” thanks to technology. We firmly believe that the misuse of company fuel cards and exaggerated mileage claims are set to become a thing of the past,” said Airmax Remote Managing Director Richard Perham in a statement.

Fraud 100

Fraud Cards Survey Management 100

PYMNTS

OCTOBER 25, 2019

American Express has partnered with Nova Credit , a credit reporting startup that operates across borders, to give expatriates and immigrants the ability to share their previous credit scores with American Express when applying for a credit card. American Express wants to help with that issue using Nova Credit’s technology, it said.

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Report US Analytics Cards 100

PYMNTS

AUGUST 11, 2020

one of the largest global payments technology companies, has announced the appointment of its first chief sustainability officer, Douglas Sabo. “At At Visa, we see a responsibility and an opportunity to use the power of our network to drive broad shifts toward a sustainable future,” Visa Chairman and CEO Al Kelly said in a statement.

Cards 258

Cards Operations Industry Examples 258

PYMNTS

SEPTEMBER 6, 2018

In addition, China’s Beijing Inspiry Technology is deploying a mobile payments in Japan , and Volopa has chosen Onfido to help verify applicants’ identities when on-boarding new clients. In other news, China’s Beijing Inspiry Technology Co., Welcome to The Axis, your late look at payments news from around the world.

Technology 108

Technology Cards Mobile Payments 108

PYMNTS

DECEMBER 7, 2017

Factoring company AeroFund International has launched a new division that offers businesses with virtual procurement cards, the company said this week. AeroFund has formed AeroPay Express , a unit that provides virtual procurement cards that act as a line of credit to business payers, as well as vendor management services.

Cards 101

Cards Payments Operations Tools 101

Perficient

FEBRUARY 17, 2023

Taking out a credit card and entering its number is a friction point that can cause consumers to abandon both online purchases (7% of abandoned online carts are due to not having a credit card handy or the same credit card accepted by the merchant) and in-person purchase decisions. Technology has come a long way since then.

San Francisco 275

San Francisco Cards Online Payments 275

PYMNTS

JULY 31, 2019

As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. an effort that was already operating in Europe and Asia-Pacific. And that’s where we come to FinTech.

Fintech 192

Fintech Innovation US Payments 192

PYMNTS

JUNE 6, 2019

Near-field communication ( NFC ) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. don’t rely on swiping or chip card readers. In the U.S.,

US 140

US Apple New York City Cards 140

FICO

FEBRUARY 21, 2023

Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S. Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards.

Trends 52

Trends Industry US Cards 52

FICO

AUGUST 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. FICO Community releases quarterly US Bankcard Industry Benchmarking trends. The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. Saxon Shirley.

Trends 52

Trends Industry US Cards 52

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

DECEMBER 19, 2019

19) that the company has closed its deal to buy a majority equity stake in China’s GoPay (the formal, official name of the company is Guofubao Information Technology Co. At the end of last year American Express gained permission to bring its card clearing services to China. News came Thursday (Dec. PayPal follows another U.S.

US 233

US Online Conference Marketing 233

Insights on Business

APRIL 21, 2017

It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer. This is capital that cannot be deployed elsewhere or used to create value. billion transactions in real time, including approximately 75% of annual credit card transactions in the country.

Technology 156

Technology Compliance Regulation Training 156

PYMNTS

FEBRUARY 10, 2020

She will continue to report to Tom Gandre, executive vice president and chief operating officer. . “As With her leadership, we feel the product delivery and innovation teams will continue to help us deliver seamless experiences to our owner credit unions and their members.”. He joins PSCU from Bank-Fund Staff FCU in Washington, D.C.,

Innovation 210

Innovation Leadership Washington Cards 210

PYMNTS

JANUARY 14, 2021

Marqeta said that Goldman Sachs “will leverage our modern card issuing platform” to introduce digital checking accounts to Marcus customers, according to a Marqeta blog post on Thursday (Jan. Silicon Valley’s Marqeta is a card-issuing platform that offers infrastructure and tools for building and operating payment solutions.

Cards 207

Cards Tools Fintech US 207

PYMNTS

OCTOBER 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Consider a typical credit card purchase. Reducing ‘Technology Debt’. Here’s why. .

Payments 316

Payments System US Technology 316

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. Hedge funds and algorithmic trading companies, like Quantopian, use SigOpt to optimize their advanced trading models to make smarter investments and drive better returns.

Operations 168

Operations Tools Data San Francisco 168

PYMNTS

DECEMBER 24, 2020

Co-founded in 2011 by Facebook veteran Doug Hirsch (now GoodRx’s CEO), the company has operated in the black since 2016. They're led by smart people who want to embrace new technologies, but they're really hamstrung by legacy systems.". This allows us to now, publicly, showcase the progress we've made as a company.".

US 230

US Company Report Payments 230

PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Srinivasan will continue to lead the operations at Grit, according to BusinessLine.

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

JULY 24, 2016

Businesses of all kinds are racing to reward customers for their loyalty with gift cards, sales and other offers. But, while they often may seem like sweet and simple purchases, there’s a lot that can go into turning gift cards, rewards, and other promotions into profitable and meaningful transactions. Accepted by (almost) everyone.

Cards 100

Cards Mobile System Branding 100

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

JUNE 29, 2016

bank to issue cards that work in Cuba. . finserv operations in Cuba, and Stonegate’s announcement, are beginning to spark chatter of a different sort. . “It’ll be small-scale, just like everything in Cuba,” Seleski explained of the business he anticipates from card use in Cuba. .

US 102

US Cards Tools Operations 102

PYMNTS

FEBRUARY 28, 2020

Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We The banking industry has seen a trend toward more digitization, with many banks investing in digital experiences for customers and making sure that online operating efficiency is at an acceptable point. Net income CAGR was 8.2

Capital 209

Capital ATM Customer Experience Cards 209

PYMNTS

NOVEMBER 4, 2016

PYMNTS recently caught up with Ben Morris, founder and chief pedicab officer at Coaster Pedicab, which owns and operates bicycle taxi companies in more than a dozen cities, including Boston, Chicago and Washington, D.C., Technology, however, is changing that. Keeping up with the competition .

Cards 100

Cards Payments Industry Mobile 100