Payments Dive

AUGUST 29, 2019

Prepaid cards and eGifts can help increase engagement and boost loyalty among retail customers.

Retail 364

Retail Cards Payments 364

Bank Innovation

AUGUST 29, 2019

New York City commuters this week will have their first exposure to European banking brand N26 through ads posted on subway cars. The Berlin-based company launched its mobile banking product to U.S. customers this summer, and it’s using a traditional ad campaign — on subways, taxis and buses — to build brand recognition among U.S. […].

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New York City New York Marketing US 210

PYMNTS

AUGUST 29, 2019

Global payments company MoneyGram announced a new partnership with HD Bank in Vietnam to provide a home delivery service, MoneyGram said in a press release on Thursday (Aug. 29). . MoneyGram already has a home delivery network in Vietnam, but teaming with HD Bank offers customers more confidence money will arrive where it is supposed to and on time.

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Regional Company System Technology 189

Accenture

AUGUST 29, 2019

Guest blogger James McCord explores the opportunities presented by the AI revolution and how banks can embark on the transformation journey. Read his post. AI is here and now is the time to act. With artificial intelligence (AI) where do you start? True story…I was walking through the office last week and bumped into a colleague from our analytics team, Amy, who is at the cutting edge of technology and always has the latest gadgets.

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Strategy Study Training Technology 150

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

PYMNTS

AUGUST 29, 2019

Turn off that TV show or movie — even if you are binge-watching this holiday weekend, just take a minute away from the addictive content — and wish a hearty happy birthday to the force more or less behind all your home-entertainment enjoyment. Yes, Netflix is another year old. The streaming and subscription service turned 22 on Thursday (Aug. 29). The trends sparked largely by this company since 1997 have led to new areas of commerce, new opportunities for payments and even potentially existenti

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Course Trends Payments Company 179

PYMNTS

AUGUST 29, 2019

Small businesses have historically been deemed as unprofitable by major banks, with FIs’ innovation efforts often prioritizing consumer products, followed by commercial banking offerings. The twist is, that gap in small business banking innovation led external FinTechs to step in and today, small business banking is a highly competitive, and highly innovative, area of financial services.

Fintech 173

Fintech Innovation Lending Digital Banking 173

Bank Innovation

AUGUST 29, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. “Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan. I hope that doesn’t give you […].

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Meeting blockchain Fintech Financial Technology 150

PYMNTS

AUGUST 29, 2019

Down supply chains, paper checks indeed remain the dominant way companies pay suppliers, logistics service providers and business partners. While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time — it’s often the actions before the actual act of payment bogging up cash flow.

Payments 167

Payments Data Operations Technology 167

Payments Source

AUGUST 29, 2019

Debit cards often lack the rewards and spending power of credit cards, and thus do not figure prominently in TV ads or direct mail flyers. Yet despite these limitations debit cards are beloved by millennials and anyone else who wants to avoid credit card debit.

Cards 136

Cards Millennials Fraud Mobile 136

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

PYMNTS

AUGUST 29, 2019

Nike’s new Adapt Huarache shoes work with voice commands on Siri and Apple Watch , allowing owners to adjust the fit and lace and unlace their sneakers, CNBC reported on Thursday (Aug. 29). This redesign of the 1991 Nike Huarache uses FitAdapt self-lacing technology, similar to the Nike Adapt BB shoes that were announced in January. The latest iteration of FitAdapt allows for more personal preferences, environments and situations.

Apple 165

Apple America Technology Mobile 165

Payments Source

AUGUST 29, 2019

Visa and Mastercard have both shortened the time windows for responding to dispute events, forcing issuers, acquirers, and their processors to align with new time window rules while adapting to changes in dispute lifecycles, says BHMI's Lynne Baldwin.

Payments 100

Payments 100

PYMNTS

AUGUST 29, 2019

Digital fraud continues to be one of the most pressing issues that marketplaces face today. Experts estimate that total fraud losses in 2018 totaled $3.9 trillion — an increase of 49.5 percent over the last 10 years. However, there is no consistent way of measuring fraud, as many victims are either unaware that they have been defrauded or have a vested interest in keeping their victimization private for fear of scaring off customers.

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Fraud blockchain System Cards 158

Payments Source

AUGUST 29, 2019

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon considers Go-Jek investment; China picks institutions for government crypto; Token hires new CEO; Google Pay targets local stores in India.

Report 86

Report Google 86

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

PYMNTS

AUGUST 29, 2019

The word “subscription” appears more than 200 times in the Peloton S-1, which was filed with the Securities and Exchange Commission on Monday (Aug. 26). And it is clearly the subscription model that, proponents hope, will keep the company growing and spark enthusiasm for an initial public offering slated to fetch as much as $500 million — with a razor/razorblade business model proposition that will scale.

United States 156

United States Marketing Company Video 156

Payments Source

AUGUST 29, 2019

Community banks and tech companies that are happy the central bank is building a next-generation system are not as pleased with its four- to five-year timeline. But big banks see the slow rollout as an opportunity to expand their own instant payment network.

Community Bank 82

Community Bank Payments Community System 82

PYMNTS

AUGUST 29, 2019

A growing number of workers are turning to platforms like Uber , TaskRabbit and Upwork to earn extra money – or even to make gig work a main source of income. Yet, while the gig economy is upending many aspects of the traditional employee-employer dynamic, the way gig workers are paid has scarcely kept pace with these developments. In fact, the paycheck cycle long favored by employers can wreak havoc on the finances of gig workers, whose schedules and workloads are often anything but regular.

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Maine Survey Payments Innovation 155

Payments Source

AUGUST 29, 2019

Kristy Kim was an immigrant success story with a degree from Berkeley and a lucrative job — except her lack of credit history precluded her from getting a car loan. She started TomoCredit to help the many young folks who struggle to qualify for a credit card.

Millennials 81

Millennials Cards Report Lending 81

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

PYMNTS

AUGUST 29, 2019

NovoPayment announced that it has scaled the deployment of Visa Direct to enable instant payments, P2P and P2M payments, account-to-account payments, fast funds and mass payouts, as well as the use of Visa Token Services. The new offering will provide issuers, buyers and merchants faster time-to-market in the adoption of key Visa solutions via application programming interfaces (APIs).

Payments 139

Payments Customer Experience America Regional 139

Payments Source

AUGUST 29, 2019

It took a few years for mobile wallets to get past the aura of just a "cool technology" looking for a problem to solve, but Google Pay and its peers are clearly finding their niche as a way to embed payments with customer engagement tools.

Google 79

Google Tools Mobile Technology 79

PYMNTS

AUGUST 29, 2019

Cryptos are becoming the Baskin Robbins of the finance world. Lots of flavors, but too much, in general, can not be good for you. It seems that every time bitcoin and other cryptos gain some footing or seem on a general upward trend, even taking into account volatility, the space gets bit more crowded, with new variations on a crypo theme, or where new exchanges promise to make trading digital coins easier, and presumably more liquid, than ever.

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Bitcoin cryptocurrency Groups blockchain 135

Payments Source

AUGUST 29, 2019

As the U.K. rapidly transitions towards a cashless society — with U.K. Finance predicting that by 2028, just 9% of payments will be in cash — even pocket money is going digital. And the disappearance of tactile interaction with cash changes how kids learn about budgeting.

Payments 75

Payments Mobile 75

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

PYMNTS

AUGUST 29, 2019

The woman accused of one of the largest instances of corporate hacking in recent memory was indicted on charges of wire fraud and computer data theft on Wednesday (Aug. 29), according to a report by Reuters. . A federal grand jury indicted 33-year-old software engineer Paige Thompson, a former employee of Capital One, for the crime. More than 100 million people were affected by the breach.

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Capital Fraud Data Security 130

ATM Marketplace

AUGUST 29, 2019

ATM cash deposits are on the rise in the U.S. When you start seeing strong deposit levels, that is a signal the environment is ripe for closed-loop recycling.

ATM 84

ATM US 84

PYMNTS

AUGUST 29, 2019

Meanwhile, Mastercard has some ideas about ePayables , an expert offers golden rules on marketplaces and a debit card debuts for kids. Meanwhile, the smarter use of data is helping merchants to boost checkout conversions. While that happens, credit unions hoping to keep and gain members are themselves trying to make better use of data. Data: 135.1: Consumer confidence level in August, per The Conference Board’s index. 20 percent: Current cap for non-member deposits at federal credit unions. 2 pe

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Data Conference Cards Marketing 122

Payments Source

AUGUST 29, 2019

Streaming and ride-hailing services have become an entry point for cash-reliant customers in the Philippines to try electronic payments, according to a report by Visa Inc.

Payments 69

Payments Report Online 69

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending