PYMNTS

SEPTEMBER 17, 2020

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). The company is reportedly likely to decide between Singapore and the United States for its initial public offering (IPO).

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Operations Payments United States Groups 154

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Most customers bypass dealing with merchants entirely when trying to stage chargeback fraud, with 76 percent of cardholders going directly to the payment card issuer. Cloud Payments Integration.

Operations 228

Operations Payments Compliance System 228

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. As has been reported, the platform can help issuers manage, or restrict, transactions across groups of compromised cards.

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Cards Fraud United States Payments 154

PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions. avoids cross-border and FX fees , as payments are settled in GBP, euros, U.S.

Cards 146

Cards Payments United States America 146

PYMNTS

NOVEMBER 11, 2019

Visa and its India FinTech partner, Open , are rolling out their joint credit card product for small to medium-sized businesses (SMBs). 11) that Open, which operates a small business banking and financial services platform, announced the Founder’s Card, the result of its existing partnership with Visa.

Cards 101

Cards United States Regional Groups 101

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. In the U.S.

Cards 187

Cards Security United States Technology 187

PYMNTS

MAY 5, 2020

has taken in $920 million in cash via arrangements with co-branded credit card firms. Approximately 75 percent of hotel rooms are vacant in just the United States, and seven in 10 lodging workers have been put on leave or laid off. As it weathers a lull in travel because of COVID-19, Marriott International Inc.

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Cards United States Branding Report 146

PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. And even some losses?

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Apple Cards Analysis United States 148

PYMNTS

JUNE 14, 2018

N26 , the FinTech bank startup, is upgrading its N26 Metal card, with a launch happening Wednesday (June 13). According to a report in TechCrunch , the card was first announced at TechCrunch Disrupt Berlin in December of 2017 and was available for early access by N26 Black customers.

Cards 109

Cards Fintech United States Report 109

PYMNTS

JULY 14, 2020

As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.”. Customers can either round up their bills to the nearest dollar and give the excess to charity or get their change stored on loyalty cards. If the U.S.

Retail 290

Retail US Cards United States 290

PYMNTS

SEPTEMBER 4, 2020

Also last week , Wirecard Card Solutions Ltd. operations to Railsbank , the London-based FinTech. The agreement includes the company’s card technology, clients and assets. A Deutsche Bank spokesman declined to comment. announced plans to sell its U.K. Financial terms were not disclosed. Financial terms were not disclosed.

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Report United States Cards Operations 186

PYMNTS

AUGUST 25, 2017

Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. InComm is a tech firm which activates credit cards at the point of sale.

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Cards United States Taxes Operations 100

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. The firm notched $78.7 The firm notched $78.7

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Capital Lending Cards United States 288

PYMNTS

APRIL 10, 2017

An Inspector General (IG) report into the United States Postal Service’s (USPS) use of fleet cards has turned up some questionable practices and millions of dollars of questionable transactions, reports Friday (April 7) said. The report, which explored USPS fleet card use across the eastern area of the U.S.,

Cards 100

Cards United States Management Analysis 100

PYMNTS

JUNE 25, 2020

The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers. Boost said its focus on B2B payments positions it to serve BMO Harris Bank’s corporate card clients with technologies and programs that helps grow spending.

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Payments United States Chicago Cards 130

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

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Operations Strategy United States Regional 100

PYMNTS

AUGUST 11, 2020

And as reported in the Financial Times , banks that are relatively more dependent on lending activities to keep operations afloat are facing challenges that have not been seen since the financial crisis and recession of more than a decade ago.

United States 217

United States Survey Maine Course 217

PYMNTS

JUNE 24, 2016

Oberthur Technologies (OT), a provider of embedded security software products and services, has rolled out a multi-payment dual interface card. This card, developed on OT’s Global Platform, is the first of its type that includes new features from both Visa and MasterCard. dual debit and prepaid migration.

Cards 102

Cards Pennsylvania Payments United States 102

PYMNTS

NOVEMBER 5, 2020

The company has already integrated with about 15,000 banks in Canada and the United States. In theory, the system could eventually allow consumers to bypass credit cards and transfer money directly from their bank accounts to a merchant’s account.

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US San Francisco United States Policies 343

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

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. Loyalty program discounts will be automatically applied to purchases at the time of sale. The partnership.

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Payments United States Retail Resources 264

PYMNTS

JULY 7, 2020

For example, Afterpay, which operates in the United States, United Kingdom, Australia and New Zealand, recently reported that it served 4.4 They’re also among the most heavily affected by high student-loan and credit-card debt. million U.S. customers in the company’s fiscal third-quarter ended March 31.

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United States Millennials Examples Cards 131

PYMNTS

MARCH 17, 2016

Or, at least, its gift cards do, if recent reports are to be believed. According to the filing, the Costa Rica-based site 5Dimes instructed customers based in the United States that Amazon gift cards were the preferred method of paying for their sports betting. Amazon also has uses there. the filing reads.

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Cards United States Operations Online 100

PYMNTS

JULY 13, 2018

Management stated on the call that volatility and geopolitical events, including the development of a trade war between China and the United States, helped boost that division. CEO Jamie Dimon has pointed to strength in consumer sentiment and in macro trends as giving strength to investments, but also credit card results.

Cards 100

Cards United States Mobile Trends 100

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. Ideally, we’d want to be a financing partner for every buyer relationship that they have in the United States,” Shoihet said.

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United States Regional America Trends 286

PYMNTS

OCTOBER 25, 2017

Amid what management termed “healthy broader economic trends” in the United States, Discover Financial Services said that rising rates – coupled with increased credit card activity – helped to propel top- and bottom-line growth in the third quarter. Credit card net charge-off rates for the period stood at 2.8

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Cards United States Management Conference 100

PYMNTS

MAY 29, 2019

In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader. And financial operating system company OpenFin recently raised funds in a Series C round. that avoid the swipe or chip card reader. 3 percent: Approximate share of payments in the U.S.

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Innovation Marketing Payments United States 139

PYMNTS

AUGUST 24, 2016

and the first in Puerto Rico to offer its credit cards for use in Cuba. In a press release , Popular said the Mastercard credit cards of its two banking subsidiaries, Banco Popular de Puerto Rico and Popular Community Bank, can be used at any of Cuba’s authorized merchants and ATMs throughout the country. and the U.S. regulations.

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Puerto Rico Cards United States ATM 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 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

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ATM Technology United States Security 117

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Governments around the world have launched stimulus programs aimed at supporting the payrolls of businesses forced to scale back or shutter operations during the pandemic. Around The Changing Payroll Landscape. About The Tracker.

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Meeting Trends Cards Innovation 236

PYMNTS

OCTOBER 13, 2019

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. In July, Uber partnered with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico to promote banking in what is mostly a cash country.

United States 137

United States America Regional Innovation 137

PYMNTS

JULY 26, 2017

Developers can literally come in, sign up and start building a card product,” said Gardner. The typical way of building a card product, by going to a bank and leveraging that bank’s platform, need no longer be the norm.

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Cards System United States Payments 125

PYMNTS

AUGUST 19, 2020

They can easily pay using digital wallets, cards-on-file or a wide variety of digital payment options online or in store, and transactions are expected to be fast, seamless and simple. Consumers are accustomed to using digital payment methods to make retail purchases. This is a far different experience for everyday business purchases.

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Cards Exercises United States System 233

PYMNTS

FEBRUARY 25, 2020

The stake’s disposal is said to let Tesco keep simplifying and focus on core operations for the business per the company, which reportedly noted that the proceeds would go toward general corporate purposes. According to the report, the departure from Asia could be one of the final actions of Tesco CEO Dave Lewis.

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United States Resources Operations Groups 130

PYMNTS

OCTOBER 4, 2019

As reported, Global Payments is the third-largest merchant acquirer in the United States, while TSYS is the third-largest card processor in the country. Such reviews will also often touch upon their credit card operating models. Both differ in terms of assumed risk and FI control over their card programs.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

JULY 27, 2020

Davies’ exit comes just four days after the London-based operation announced $80 million in new funding. What a journey in the last year – leadership teams and operations in Ireland, the U.S., The company recently expanded into the United States.

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United States Leadership Risk Management California 140