PYMNTS

JANUARY 25, 2021

According to Ossama Soliman , chief product officer at open banking provider TrueLayer , the very fact that there are so many payment options pushes new entrants to differentiate themselves from the pack. “But But actually, it raises the bar for what it takes to add a new payment method into the checkout.”. Click, Biometric, Done.

Instant Payments 120

Instant Payments Push-to-Card Payments Money Laundering 120

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. COVID-19 in many key regards bears an uncanny resemblance to a bad dinner guest. percent, dropping 52.3

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

PYMNTS

DECEMBER 30, 2020

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” At Mastercard , Executive Vice President of North America Products and Innovation Jess Turner told Karen Webster in a recent discussion, the rapid acceleration has been pushed by what consumers both wanted and needed more than ever.

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. From shifts in unauthorised card fraud to the evolving nature of authorised push payment scams, there’s a lot to unpack—and a lot at stake. What’s next?

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

JANUARY 1, 2021

We can’t put a final lid on the year 2020 without addressing the big issues, such as how we changed, what we learned, what’s coming back and what will never be the same. PYMNTS TV spent the whole of 2020 talking to the experts on the ground in real time about the key issues driving the payments and commerce business.

B2B 103

B2B Push-to-Card Online and Mobile Banking Returns 103

PYMNTS

DECEMBER 23, 2020

It’s been a wild ride in 2020, and something of a strange one for 5G, which was the subject of an early conspiracy that blamed the technology for the global COVID-19 outbreak. These things have all turned out to be essential, which has really pushed network operators into expediting some of their planning.”.

Push-to-Card 111

Push-to-Card Technology SWIFT Continuity 111

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. The Five Key Steps To Digitization.

Push-to-Card 94

Push-to-Card Issuers Payments Transactions 94

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The trade group wants unified card security standards in the U.S.,

EMV 54

EMV Data Breach Chip Cards Push-to-Card 54

Fintech News

OCTOBER 10, 2024

This dynamic ecosystem is supported by regulatory advancements and collaborative partnerships, which are expected to continue fostering innovation and growth in the sector. Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation.

Payment APIs and Integration 121

Payment APIs and Integration Innovation API Push-to-Card 121

PYMNTS

DECEMBER 11, 2020

Herron and Webster agreed that’s not too surprising, given consumers’ 2020 drift toward digital and the large set of eCommerce upgrades that merchants have made over the past eight months. And I think that’s going to be an experience that persists and pushes even further into the store.”. I know which parking [lot] to go to.

Push-to-Card 109

Push-to-Card Consumer On-Demand Innovation 109

PYMNTS

OCTOBER 10, 2019

That’s the view shared by Trevor LaFleche, director of product management and marketing for Enterprise Payments Solutions at Fiserv , during a recent PYMNTS discussion that centered around the spread of real-time payments, and their global prospects going into 2020. That’s a huge benefit.”. Pull Payment Trends.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

The Payments Association

DECEMBER 18, 2024

Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year? Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8 trillion transactions by 2027.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

PYMNTS

OCTOBER 2, 2020

The conversation was the first in a multi-part series on the “race” that is bringing stakeholders in the payments processing, credit and financial services verticals together through a continuing spate of mergers, acquisitions and partnerships. Against such resistance, good, innovative ideas died and continue to die quickly, he said.

Push-to-Card 110

Push-to-Card Payment APIs and Integration Issuers Payments 110

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card.

Credit Cards 81

Credit Cards Push-to-Card Visa CHIPS 81

PYMNTS

AUGUST 9, 2019

million for the quarter, but Bottomline remained confident in growing revenues for FY 2020 thanks to new customer sign-ons that have yet to go live. We had notable customer wins across our banking and business payments platforms as customers continued to choose Bottomline for innovative and highly secure business payments solutions. “We

Payment APIs and Integration 53

Payment APIs and Integration Push-to-Card B2B Payment Security 53

PYMNTS

FEBRUARY 21, 2019

Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business.

Credit Cards 68

Credit Cards Push-to-Card End User Visa 68

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.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1:

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

SEPTEMBER 28, 2020

Liu noted COVID-19 has fueled the push towards cashless payments as consumers avoid the use of cash and plastic cards. And with the Olympics pushed back to 2021, we can expect the Japanese government to continue to invest in mobile payment technology as part of its measures to keep the games safe,” Liu added. “And

Mobile Payments 80

Mobile Payments Push-to-Card Payments Economy 80

PYMNTS

APRIL 21, 2020

Leavitt said the current climate presents the opportunity for B2B payments volume to shift to the card rails, while enabling businesses to access much needed credit at the same time. Visa Enables Commercial Push Payments For KyckGlobal. Just which payment rail they will migrate to, however, remains unclear.

NACHA 82

NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

PYMNTS

MAY 6, 2020

She pointed to years past, and the embrace of debit cards, as prologue. With a nod toward the current environment, she said, the fear of touching things in a brick-and-mortar environment is likely to linger, spurring consumers to continue to move away from cash. As Webster noted, consumers like their cards.

Consumer 87

Consumer Contactless Payments Push-to-Card Payment Networks 87

PYMNTS

JULY 21, 2020

But for all the great expectations often attached to the future of crypto, it has continually run into the same problem — there are very few places where one can actually use it to transact. It’s issuing Mastercard-branded payment cards that will allow consumers to pay with cryptocurrency reserves. “We’ve

Visa 127

Visa Cryptocurrency Blockchain Bitcoin 127

PYMNTS

DECEMBER 9, 2020

Now, we’ve moved to offerings like Visa Direct, which enables real-time push payment capabilities across account-to-account interactions — domestic and across borders — for consumers and small businesses. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

FICO

DECEMBER 9, 2019

Debts in the UK, including credit card debt and personal loans, rose 11% to £119bn in the two years to March 2018, according to the ONS. There are a myriad of views but one thing seems certain: Brexit has already cost the UK substantially and will continue to do so! Now, what does 2020 promise on the C&R front? Source: [link].

AI 52

AI Risk Non-Bank Push-to-Card 52

FICO

DECEMBER 10, 2020

These and other milestones have come to pass, pushing enterprise-scale AI solidly into the “early adoption” phase, as defined by “Chasm” author Geoffrey Moore. So, more work is needed to enforce and audit ethical AI usage, as 67% of AI leaders don't monitor their models to ensure continued accuracy and ethical treatment.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

PYMNTS

MARCH 13, 2020

But as of 2020, she noted, a growing number realize that history is not enough reason to stick with the check as a primary disbursement tool. That is just the start of what institutions can do with a digital disbursement program as they continue to evolve with new technologies and mechanisms to improve.”.

Checks 75

Checks Push-to-Card Visa Payments 75

PYMNTS

JULY 29, 2020

He said that includes the addition of direct deposit, an increase in businesses taking payments through the platform and the planned launch of a Venmo card later this year. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”.

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

Credit Cards 65

Credit Cards Push-to-Card Visa CHIPS 65

PYMNTS

DECEMBER 7, 2020

7) as the Ikea brand continues to shift itself to digital, according to published reports. Print runs of books, newspapers and magazines have been more or less continuously on the decline as consumer preference for digitized content grows in the mobile era. The decision was announced Monday (Dec. The World’s One-Time Hottest Read .

Push-to-Card 97

Push-to-Card On-Demand Consumer Consulting 97

PYMNTS

NOVEMBER 5, 2020

Visa North America Senior Vice President and Head of Product Brian Cole told Karen Webster that when the topic is POS innovation in late 2020, innovation spans an entire continuum from card-not-present to card-present transactions and everyplace in between. But a funny thing happened between the spring and summer.

Innovation 110

Innovation Point-of-Sale (POS) Push-to-Card Payments 110

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. This change in consumer behavior is expected to remain even after vaccines are more widely distributed. The High Stakes Of Offering Contactless.

Contactless Payments 74

Contactless Payments Credit Union Innovation P2P 74

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. While its imminent death has been long forecast, cash just keeps on living to pay another day.

ATM 121

ATM Federal Reserve Push-to-Card Consumer 121

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Financial wellness and budgeting is and will continue to be the way young people pay for things.”. PYMNTS research shows 11.5 Contactless. It was the year when no one wanted to touch anything.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

Finovate

OCTOBER 10, 2024

The new re-authentication procedures are designed to help combat the threat of Authorized Push Payment (APP) fraud. based ANNA made its Finovate debut at FinovateEurope 2020 in Berlin. The new procedures come as new laws designed to stop Authorized Push Payment (APP) fraud in the U.K. came online this week.

Authentication 59

Authentication Procedures Push-to-Card Online and Mobile Banking 59

PYMNTS

DECEMBER 4, 2020

The 2020 winter holidays are going to be quite a bit different than they’ve ever been. For example, the digital channel — which had already been growing quickly to take up more of the holiday spending pie in recent years — is exploding as the pandemic has pushed consumers away from shopping in physical stores.

Credit Union 89

Credit Union Push-to-Card Point-of-Sale (POS) Consumer 89

PYMNTS

SEPTEMBER 8, 2020

As PYMNTS continues to chronicle business impacts of the novel coronavirus, patterns are emerging that suggest how much things actually have changed in just a twinkling. Things just needed a push, but they got a shove. Consumers’ appetite for online grocery shopping has continually increased,” per the report.

Push-to-Card 71

Push-to-Card Credit Cards Contactless Payments PayPal 71