PYMNTS

OCTOBER 26, 2018

To push that goal, Mastercard — in partnership with the world’s three largest card manufacturers, Gemalto , Giesecke & Devrient and IDEMIA — has officially launched the Greener Payments Partnership to establish environmental best practices and reduce first-use PVC plastic in card manufacturing.

Cards 187

Cards Industry Study Technology 187

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Report 300

Report Innovation Fintech Payments 300

Payments Dive

APRIL 4, 2016

Some 42 percent of retailers have yet to update payment terminals to be EMV compliant.

Retail 150

Retail Study Technology Cards 150

PYMNTS

MARCH 27, 2020

Some studies estimate that up to 10 percent of banks’ bad debts — loans issued with little hope of recouping — is the result of application fraud, and each fraudulent credit application costs FIs $1,000 on average. First-party is the most common variant and sees fraudsters applying for loans or credit cards using their own details.

Fraud 208

Fraud Technology Knowledge Base Study 208

PYMNTS

SEPTEMBER 23, 2019

According to studies aggregated by FinancesOnline , general contractors are the biggest users of construction management software (30 percent), followed by home builders (19 percent). What these studies didn’t reveal is that construction management software and tools like virtual cards can also speed payments and free up cash flow.

Industry 169

Industry Cards Software Phoenix 169

PYMNTS

JANUARY 3, 2019

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. were caught up “in a perfect storm” of rapid online sales growth and the transition to EMV chip technology , leaving merchants vulnerable to CNP fraud.

Fraud 152

Fraud Study Retail Online 152

PYMNTS

OCTOBER 19, 2018

The Nationwide fourth annual business owner survey released at the end of last month, which surveyed 1,000 small and mid-sized business owners about their views on cybersecurity, found that an overwhelming majority – 91 percent – use connected technology. Automation also provides the ability to aggregate data.

Study 191

Study Security Survey Data 191

PYMNTS

JANUARY 23, 2019

Next week, shoppers at those 1,800 stores will be able to use contactless cards, as well as contactless mobile payments, via any one of the mobile wallet “Pays” — Apple , Google and Samsung. For the How We Will Pay 2018 Edition , PYMNTS and Visa conducted its annual study of U.S. In the study, two things became obvious.

Cards 171

Cards Mobile Study Retail 171

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. Mobile Cards: Make or Break? Follow the Smart(phone) Crowd.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Coupa Connects With American Express For B2B Virtual Card Payments.

Cards 130

Cards Innovation Management Fraud 130

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.

Cards 131

Cards Examples Regional Apple 131

PYMNTS

DECEMBER 11, 2019

Get ready for the contactless card surge. The folks ahead of you, fiddling with cards and inserting them at the terminal, perhaps forgetting PINs — the delays can add up. His comments came in the wake of findings by credit union service organizations that a rush to adopt contactless cards is likely to come in 2020 and beyond.

Cards 132

Cards Security Study Payments 132

PYMNTS

MARCH 26, 2019

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. The company has conducted timed studies, finding that it can take over a minute to make a repeat order through a mobile app, while it takes only about 15 seconds through its service.

Technology 121

Technology Maine Study Google 121

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.

Cards 101

Cards Innovation Tools Study 101

PYMNTS

DECEMBER 17, 2019

One study determined that roughly one-third of consumers have been victimized by fraud, leading them to contact their financial institutions (FIs) to change login credentials, cancel credit cards and guard against suspicious transactions. The Technology Gap That Fosters Fraudsters. The former’s breach affected 100 million U.S.

Technology 142

Technology Fraud Data Security 142

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

Cards 117

Cards Risk Management Study Payments 117

PYMNTS

MARCH 20, 2019

Online and digital research company Juniper Research released a new report on Tuesday (March 19) saying the yearly value of virtual cards (temporary cards only usable for one transaction) is going to grow, but that adoption to the technology will be slow, according to a news release. percent from 2019 to 2022.

Cards 109

Cards Report Study Fraud 109

PYMNTS

MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

Technology 166

Technology Payments Millennials blockchain 166

PYMNTS

MARCH 20, 2020

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. Main Street USA Was Healthy In February, But Coronavirus Is The Wild Card. NYC Bank Runs Short Of Big Bills As Customers Hoard Cash. Fun, Cool and Otherwise Interesting.

Technology 181

Technology Apple New York City social media 181

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . This technology has witnessed slow adoption in the U.S., One credit card network reported that U.S.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards.

Fraud 303

Fraud Cards Analysis Tools 303

PYMNTS

SEPTEMBER 29, 2020

Mastercard, through its collaborative fraud and dispute resolution technology Ethoca , will now offer a new version of online statements with added logos and clear business names for each transaction. A study commissioned by Ethoca showed that 96 percent of U.S. A study commissioned by Ethoca showed that 96 percent of U.S.

Online 243

Online Guidelines Study Fraud 243

ATM Marketplace

AUGUST 2, 2018

A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers are more aware of the “tap,” thanks to NFC-enabled mobile payments.

Cards 51

Cards Technology Study Mobile 51

Perficient

FEBRUARY 17, 2023

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. At just 4 cents per transaction, the fees to the merchant are far less than the 2% to 3% fees charged by credit cards.

San Francisco 275

San Francisco Cards Online Payments 275

PYMNTS

DECEMBER 23, 2016

Credit and debit card payments are continuing to increase in terms of usage, with the Federal Reserve finding credit and debit card payments accounted for more than two-thirds of all noncash payments in the U.S. According to the 2016 Federal Reserve Payments Study, which was released Thursday (Dec. from 2012 to 2015.

Cards 100

Cards Payments US United States 100

PYMNTS

JULY 11, 2019

They can also see where a child or partner is using a shared credit card in real time and can even restrict usage at establishments deemed off-limits. The thing is, fewer than one-quarter of consumers currently use mobile card services. The thing is, fewer than one-quarter of consumers currently use mobile card services.

Cards 122

Cards Mobile Retail Fraud 122

PYMNTS

APRIL 25, 2018

The research further finds that even while some restaurants are making strides at becoming more innovative, too many are focusing on the wrong improvements rather than the ones that really move the needle for consumers, according to the finding of the PYMNTS study. So what makes an innovative restaurant? percent drop in inventory display.

Study 111

Study Innovation Survey Mobile 111

PYMNTS

JANUARY 15, 2018

Visa cited a recent consumer study conducted in eight countries, which found that 81 percent of participants said they would look more positively at merchants who implemented sound or animation. “We According to Visa, these are the two first commercial pilots to test an on-card biometric for contactless payments.

Cards 138

Cards Branding America Study 138

PYMNTS

AUGUST 12, 2019

By the numbers, 2019 is a good year for corporate card innovation. Opportunity, however, is almost impossible to take on without risk — and for FIs, even the relatively blue ocean environment of corporate cards can become quickly turbulent. Among top-performing financial institutions, 86.7 Navigating the Corporate Credit Seas.

Cards 155

Cards Innovation Fintech Marketing 155

Perficient

JANUARY 16, 2023

I remember when my mother stopped shopping at one department store because they wouldn’t give her a charge card in her own name, but another store would on their private-label charge card. Buy/build and gap analysis studies are integral in helping determine where embedded finance may reap the most benefits. . Conclusion .

blockchain 275

blockchain Software Customer Experience Strategy 275

PYMNTS

JANUARY 19, 2021

Studies showed that many consumers in the United States have begun tapping their debit cards more often for payments, for example, with one report finding that debit use rose about 6 percent year over year. Another study found that 55 percent of U.S. Another study found that 55 percent of U.S. The report noted that U.S.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

DECEMBER 22, 2020

Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts. Virtual cards are seeing growing interest from B2B companies during the ongoing pandemic because they allow businesses to make and receive payments digitally with an additional layer of security. trillion reported in 2019.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JULY 24, 2019

“We don’t really have a lot of mobile wallet [support] right now despite having a lot of mobile users for our customer base, and the reason is that we’re primarily credit card-focused,” Boris said. IfOnly does not yet plan to implement AI, but the platform could potentially utilize the technology in the future.

Case Study 110

Case Study Study Mobile Millennials 110

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” Software does flag some transactions that seem out of place, but technology is often behind crooks who are getting more sophisticated at making their charges look legitimate.” Emphases added.).

Fraud 98

Fraud Cards Analytics Mobile 98

PYMNTS

OCTOBER 16, 2020

How We Will Pay 2020 , a study conducted by PYMNTS and Visa , found that cash usage is a fraction of what it used to be given the modern, digitally connected economy. The study also found that the typical U.S. In fact, the only exception the study found is tipping, which many consumers still do with cash.

Payments 166

Payments Study Survey Cards 166

PYMNTS

OCTOBER 18, 2016

, “the times they are a-changin” — a sentiment that extends handily to gift cards. No longer confined to being silly (or maybe saccharine) cards tucked into envelopes, gifting can be a quick and painless digital pursuit. The technology itself is a consideration, said Gilbert. Unless retailers make it hard. The First Number — 10.

Retail 100

Retail Cards Study Customer Experience 100

PYMNTS

SEPTEMBER 16, 2019

Possession can refer to the chip inside of a physical debit card, for example, while inherence refers to things that are even more personal — such as fingerprints. Some studies predict that 30 percent of payment authorization requests in the hotel industry will be declined under SCA.

Technology 116

Technology Customer Experience Cards Regulation 116