PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

APRIL 9, 2020

For digital laggards, the coronavirus pandemic will serve as a harsh wake-up call regarding the importance of digitization and automation, with commercial cards uniquely positioned to address many of the pain points companies face today in these unprecedented times. A Surge In Commercial Card Interest.

Cards 232

Cards Payments Tools Operations 232

PYMNTS

MAY 4, 2020

In the April-May 2020 edition of the Buy Now, Pay Later Tracker® , done in collaboration with Afterpay , we discover that the draw of instant credit has greater potential than it has already shown and, as awareness grows on this concept, there’s plenty of headroom for growth. How High Is Up? How high is up when it comes to BNPL?

Retail 223

Retail Cards Payments Report 223

BankBazaar

JULY 31, 2023

Over the past decade and a half, we’ve been on a thrilling journey, redefining the way Indians access credit. However, we discovered that ‘Dukaan’ was a tongue-twister for many (Oh, the struggle!). I just had to share my experience checking my Credit Score on BankBazaar (been using the website for 4 months now)!

Innovation 148

Innovation Cards Branding Tools 148

PYMNTS

OCTOBER 21, 2020

Unfortunately, the traditional alternative of printing out paper checks and having professionals stand in line for expensive check-cashing services has led to too many workers paying too much to access hard-earned money, according to Adam Sohn, chief growth officer at SHRM (Society for Human Resource Management).

Cards 141

Cards Resources Tools System 141

PYMNTS

SEPTEMBER 21, 2020

And consumers want to pay with their preferred methods, across cards or digital wallets. Said Ranta: “When looking at smart routing , it's important to note that it's not [only about] the information you get at the time the card is swiped or the consumer hits checkout.” This is where AI comes in.

Fraud 311

Fraud Payments Cards Security 311

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. One bright spot for the banking industry is Americans’ rising appetite for credit card debt. Neither is cheap and neither is fast.

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

AUGUST 28, 2019

Among the most important questions to arise from that general trend is what credit unions must do to take advantage of that opportunity — more specifically, to move from in the wallet to top of wallet. The announcement goes beyond the actual people involved, as he addressed the broader issues facing credit unions at the dawn of a new decade.

Maine 157

Maine Cards Trends Payments 157

Perficient

NOVEMBER 8, 2021

MM: Did you DJ in the states, too, or only in Denmark? I went on to create some of the first banking sites and many entertainment websites. MM: How long were you at the Bank for? I spent a lot of time educating them on blockchain and cryptocurrency and helping them understand how it fits in their business models.

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

BankBazaar

NOVEMBER 23, 2019

Have you been paying your Credit Card dues on time? How many new loans have you added to your kitty? How does your investment portfolio look? How far have you reached in terms of achieving them? However, you must have set up some short-term goals too, right? Read this article on how to go about it.

Cards 148

Cards Exercises How To US 148

PYMNTS

APRIL 9, 2020

Access to financial services is a staple of success for any business, but many SMBs can face particularly high hurdles when accessing the products and services they require. ” “It’s an outdated process,” he said of the hoops small businesses have to jump through to obtain a small business credit card.

Cards 150

Cards System Innovation Analytics 150

South State Correspondent

FEBRUARY 22, 2024

Many banks say they have generational ambitions, but measure performance quarterly. Think about how much time your bank spends on trying to forecast the economy, discussing what loans to make or how much liquidity to keep. Banks consistently produce under their cost of capital. Why is that? Yet, we squander this magic.

How To 195

How To Strategy Capital Lending 195

Abrigo

MAY 30, 2023

Despite the seemingly long runway to prepare, it's not too early to get a handle on the new requirements and how they will affect a bank or credit union. With the changes, many financial institutions face the most significant data collection and reporting effort in nearly 50 years. But compliance deadlines are tiered.

Compliance 195

Compliance Lending Data Regulation 195

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. Many of these mid-cap level enterprises have already had strong relationships with banks and lenders.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. They also offer more safeguards against fraud than traditional business credit cards. B2B Virtual Card Purchasing On The Rise. PYMNTS reported that 46.4

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

JULY 28, 2020

PYMNTS’ July 2020 Credit Union Innovation Playbook , done in collaboration with PSCU , surveyed 100 credit union (CU) executives and CEOs to learn how the highly interdependent CU/CU member community has succeeded — and sometimes failed — to innovate for digital demand. As these communities struggle, so, too, do their CUs.

Innovation 140

Innovation Community Cards Fraud 140

PYMNTS

JUNE 22, 2020

Many businesses today see selling products in new markets as a growth opportunity. Expanding into a new market — even one as geographically close as Mexico, for example — would present a number of logistical hurdles that many businesses may not be equipped to handle. Appealing to a wider array of customers within the U.S.

Strategy 230

Strategy Payments America Examples 230

PYMNTS

NOVEMBER 30, 2020

This is the first of many questions that PYMNTS sought to answer in the new Black Friday 2020 Report: Crossing The Digital-Physical Shopping Divide. This is the first of many questions that PYMNTS sought to answer in the new Black Friday 2020 Report: Crossing The Digital-Physical Shopping Divide. consumers on Nov. It is also 27.1

Data 321

Data Online Cards Google 321

PYMNTS

FEBRUARY 1, 2021

To get a sense of the update, at least as seen in data from reports tied to the December quarter, the card networks showed pent-up demand to spend – and though cross-border activity was down double digits, there were notable bright spots. trillion, while credit slipped 9 percent. The issuers, too, have seen surges in debit spending.

Cards 205

Cards Trends Payments Study 205

BankBazaar

FEBRUARY 2, 2022

Description: While a Credit Card is a wonderful tool for enhanced liquidity, irresponsible usage can wreak long-term damage. Here’s how to keep your card usage in check to maximise the benefits of owning a Credit Card. A Credit Card is a wonderful tool to get some extra liquidity.

Cards 145

Cards Tools System Management 145

PYMNTS

MAY 22, 2020

Consumers began favoring debit over credit coming out of the last “Black Swan” event — the market crash of 2008. data has shown a significant shift to debit over the COVID-19 period, beginning in March — now with 90 percent of consumers electing to use their debit cards to pay for their installments,” Nick Molnar, U.S. Decade of Debit.

Payments 141

Payments Retail Cards Online 141

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

SEPTEMBER 29, 2020

Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. These expectations also drove CU executives’ innovation agendas, with 91 percent voicing serious interest in developing card product innovations. percent planned to unveil mobile wallet-enabled cards.

San Diego 141

San Diego Innovation Cards California 141

BankBazaar

NOVEMBER 29, 2020

Do you have unused Credit Cards with you? Do you know how they affect your Credit Score and your overall finances? When it comes to Credit Cards, most of us have a lot of questions parked in the financial department of our brains. Having more than one Credit Card is good; it diversifies your portfolio.

How To 145

How To Cards US Maine 145

PYMNTS

AUGUST 14, 2019

Credit Karma users took to Reddit and Twitter on Wednesday (Aug. Someone else said they logged into the service and then out again quite a few times and that every time they got “full access to a different random person’s credit file.”. The Credit Reports section was my own information, but the Credit Factors section definitely wasn’t.

Data 164

Data Report Cards Payments 164

PYMNTS

OCTOBER 29, 2018

Capital One Financial and Discover Financial Services, two of the largest credit card issuers in the country, are tightening lending standards, which is reportedly an unusual move in an economy that is booming. And in some ways, it almost feels too good to be true.”.

Capital 167

Capital Lending Cards Report 167

PYMNTS

OCTOBER 10, 2019

One of the many questions around real-time payments is what forms they will take as the pace of deployments heat up. Indeed, many real-time payment operations do not allow for the use of pull payments because of fraud worries. We don’t really see many use cases for real-time pull payments,” he said. That’s a huge benefit.”.

Payments 202

Payments Cards Trends Security 202

Abrigo

JULY 13, 2023

Many of these losses are attributed to pig butchering scams. Many victims are lonely or isolated and don’t understand cryptocurrency markets. If an investment opportunity sounds too good to be true, it likely is. One such scheme that has gained attention in recent years is known as " pig butchering." billion in 2021.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

JANUARY 24, 2019

Also, what’s a simple and legitimate matter of credit risk ? Those questions also speak to the seemingly impossible tension in the world of payments and new card accounts: how to onboard and authenticate consumers as quickly and seamlessly as possible, while also protecting them and the institution from fraud. Bad Timing.

Fraud 174

Fraud Cards Data Comparison 174

PYMNTS

JANUARY 8, 2021

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. The home lending space in particular is weathering significant changes regarding how fast borrowers can expect to receive these loans.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

DECEMBER 9, 2020

Many of the tools that have traditionally been used to track payments and manage spending have now fallen out of step with what businesses currently need in today’s digital environment. “The Bringing Virtual Cards To A Virtual B2B World. Virtual cards also facilitate easier tracking and categorization for expense management.

Cards 155

Cards Management Tools Payments 155

PYMNTS

JANUARY 24, 2020

Kopp also detailed some of the differences between American and European banking customers and how N26 adapts to them. so their affinity [for] credit products, credit cards, loans, overdrafts — whatever it may be — is higher versus, for example, comparing it to continental Europe,” Kopp said.

United States 193

United States Examples Marketing Fintech 193

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago. Arkose Labs.

Cards 181

Cards Fintech Capital California 181

PYMNTS

JANUARY 23, 2020

In some cases, that means taking one payment tool — like the commercial card — and using technology to ease friction for both senders and beneficiaries. Buyers and sellers in the B2B world, they do not share interests many times,” he said. Yet the largest barrier to their use of cards is on suppliers’ AR sides.

Tools 167

Tools Payments Cards Meeting 167

PYMNTS

AUGUST 18, 2020

No matter how you slice it, then, eCommerce is booming. That leaves out the plethora of storefronts, real ones (many with a growing virtual presence) that take payments online, yes, but also log digital transactions as they take orders in-store pickup or curbside delivery. To that end, on Tuesday (Aug.

Retail 289

Retail Cards Online Data 289

PYMNTS

OCTOBER 6, 2020

In an interview with PYMNTS, Melissa Jankowski , head of debit and ATM services at FIS , said that as cancellations and postponements mount, financial institutions (FIs) and merchants can be proactive in reaching out to customers in anticipation of disputes – and can effectively battle scammers, too. The Fraud Factor.

Fraud 205

Fraud Exercises Examples New York 205

PYMNTS

OCTOBER 1, 2020

Automation reduces the tech infrastructure requirements, too. There is a working capital benefit a card gives that supports both the buyer and supplier. Patel and Disque both noted that as COVID-19 made its way across borders, many executives thought the impact would last a few months, perhaps 90 days.

Capital 193

Capital Payments Cards Groups 193