Payments Source

JULY 26, 2017

The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

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Regional Cards Security Retail 61

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. Boost Gives Suppliers A Voice In Card Acceptance. CardUp Eases Card Adoption In Asia.

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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. “I

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Bank Innovation

JULY 20, 2016

Regions Financial Corp. The Regions-Avant partnership was announced last April. is using its upcoming Avant deployment as an opportunity to “refresh” its digital offerings. “[W]e’re in the process even Read More.

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Regional Online Company Lending 150

Gonzobanker

NOVEMBER 26, 2018

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

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Regional Strategy Technology Innovation 101

PYMNTS

MAY 17, 2017

The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016. in revenue in 2016.

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Cards Regional America Industry 126

PYMNTS

MARCH 20, 2020

To help local companies continue to bring in revenue amid COVID-19 restrictions, Instagram Co-founder Mike Krieger and his wife, Kaitlyn, rolled out a directory of eateries in the Bay Area offering gift cards called SaveOurFaves. Visitors can browse by location or query for restaurants in the region, according to reports.

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Cards San Francisco Maine Regional 159

PYMNTS

JANUARY 9, 2020

The program is housed in an app that will provide users with a photorealistic AR experience in a 360-degree virtual environment, where they can interact with a number of displays that educate them on the features of their card. To begin, the users must scan their cards on their phones. According to the J.D. Power 2018 U.S.

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Cards Examples Regional Apple 131

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

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PYMNTS

JULY 31, 2018

Meanwhile, Africa saw a regional payments system gain new momentum. Central Africa’s regional electronic money transfer platform, GIMAC, recently signed a deal with B2B mobile wallet transaction company TerraPay to support instant cross-border remittances within the Central African Economic and Monetary Community. Can The U.K.’s

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Retail Trends Payments Regional 148

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. In addition, U.K.

Cards 168

Cards Groups Payments Regional 168

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

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Online Retail Regional Trends 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.

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Cards Security United States Technology 187

PYMNTS

MAY 21, 2019

retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. Retail categories that saw the highest transaction share included restaurants, apparel, gas, grocery and specialty retail. Users who reside in Belgium, the U.K., And in the U.K.,

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Apple Retail Mobile National 108

PYMNTS

AUGUST 30, 2018

Today’s coverage includes Walmart’s newest online initiative, the latest challenger to Flipkart and Amazon in India, Dunkin’ Donuts cozying up with Alexa, the SWIFT debate gets heated and a corporate travel executive discusses the pros and cons of virtual cards with PYMNTS. Cost A Barrier To Virtual Card Adoption: LateRooms.

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Online Retail Cards Regional 101

PYMNTS

MARCH 20, 2018

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. The beloved, bankrupt retailer has announced the cancellation of all in-store events, such as its annual Easter Egg Hunt and Geoffrey the Giraffe birthday parties.

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PYMNTS

APRIL 29, 2019

According to a press release , the European Commission said the commitments will “significantly” reduce their multilateral interchange fees for payments in the European Economic Area (EEA) with cards issued to consumers elsewhere. Retailers typically pass the fees on to consumers in the form of higher prices.

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Regional Retail Cards Policies 161

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. Power took one key friction point of the small business (SMB) credit card market to task. “Basics like credit card terms, and benefits and services, are the lowest-scoring factors in our study.

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Cards Innovation Tools Study 101

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. shoppers made 72.7

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Cards Payments Security Fraud 141

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. Expanding our partnership into Europe provides greater consumer choice and benefits merchants,” said Bill Sheedy, CEO for the Europe region at Visa Inc. “By customers already have access to PayPal debit cards.

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Cards Retail New York Innovation 125

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. Developments From The World Of Digital Fraud.

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PYMNTS

SEPTEMBER 14, 2018

We do not engage in surge pricing, and product prices do not fluctuate by region or delivery location,” an Amazon spokesperson noted. “We billion in consumer and retail sales (including restaurants) were lost to Irma, while Hurricane Harvey cost businesses around $1 billion. According to Planalytics, roughly $2.75

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PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

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Retail Online Customer Experience Trends 123

FICO

FEBRUARY 22, 2023

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. This rise occurred in a month when UK retail sales volumes were widely reported as being down relative to past years.

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Cards Trends Analysis Strategy 52

PYMNTS

MARCH 19, 2019

Overstock has decided to hold off on selling its retail business. In fact, he added that he anticipates “a year of explosive growth” for the retail division. The company had been planning to sell its flagship eCommerce business by the end of February, using the funds from the sale towards its blockchain projects.

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PYMNTS

FEBRUARY 13, 2020

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” He said that growth in new acceptance is a top priority, and encompass rent, tuition, sports wagering and unattended retail and mobility (such as with scooters).

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Payments Regional America Cards 163

PYMNTS

DECEMBER 10, 2018

In the press release announcing the new feature, Walmart noted that customers can pay via cash, check, credit card or Walmart Pay. The retailer said at the time that “associates will help customers pay and go by simply swiping their credit card and providing them with a paper or electronic receipt for their purchase.”

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Cards Data Seattle San Francisco 134

Payments Source

MAY 17, 2017

WEX Card Australia has announced two agreements with Chevron International to handle the petroleum retailer's fuel card processing in five countries in the Asia-Pacific region.

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Cards Regional Retail Payments 60

PYMNTS

OCTOBER 13, 2016

Consumers in countries such as Egypt and in Africa and the Middle East often face more challenging experiences when they order online from retailers. Shoppers in those regions often put less trust in online merchants and credit card companies and feel unsure about giving out their personal payment information.

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Cards Regional San Francisco Online 100

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

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. The study looked at 500 consumers (18+) in each country who had at least a credit or debit card. “The pie for card issuers in Europe is significant. ” The Highlights.

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Regional Payments Study Cards 100

Payments Source

FEBRUARY 14, 2017

regional banks are asking U.S. lawmakers to consider easing capital requirements and repealing part of the Dodd-Frank financial overhaul that caps fees banks charge retailers on debit-card transactions. Chief executives at the biggest U.S.

Cards 60

Cards Regional Capital Retail 60

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

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America Regional Fraud Mobile 248

PYMNTS

JUNE 17, 2020

upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange fees (MIF). The high court’s dismissal of Visa and Mastercard’s appeal paves the way for the retailers to seek compensation.

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Cards Retail Regional Marketing 150

PYMNTS

NOVEMBER 1, 2017

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. billion Mastercard and Maestro-branded cards worldwide. directly to their debit cards. Earnings per share came in at $1.34

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Retail Cards Security Branding 112

FICO

AUGUST 18, 2021

This post explores the credit card trends in the US, UK and Canada, reviewing regional differences and focussing on the impact of the pandemic. The low values in the US could be due to better initial targeting of customers, more appropriate initial limits and activation campaigns or a higher level of offers on the cards.

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Trends US Cards Regional 52

PYMNTS

MARCH 11, 2020

The account offers a Sesame Cash debit card, partnering with Mastercard as its card network. Different social norms and customer-merchant expectations impact what fraud looks like in a given region, explains Dan Sketcher, head of product for Global Payments’ AU/NZ region. and new openings scheduled.

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Payments Fraud Regional Digital Banking 140