PYMNTS

DECEMBER 30, 2020

As one executive writing for this project put it, 2020 represented “innovation under adversity.”. It’s almost impossible not to look back at 2020 when considering 2021, and every company has its story to tell. Companies are not going to be satisfied with the progress made during 2020’s digital transformation.

Push-to-Card 101

Push-to-Card Payments Economy API 101

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

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

PYMNTS

OCTOBER 18, 2020

score in July, according to the Journal, was 711 — up from 708 in April 2020 and 706 in July 2019. He added that deferment policies and government stimulus checks “are having a further effect of pushing out that stress for many people.”. Even as they're paying down debt, Americans continue to spend money, data suggests.

Consumer 103

Consumer Push-to-Card Credit Cards Checks 103

PYMNTS

JANUARY 1, 2021

Many consumers were still facing pandemic-related financial strains going in to the holidays, making flexible payment options all the more important as they began buying gifts. I think, when you’re spending close to $200, BNPL can make it more palatable and make the items more accessible,” Demsky said. “We Digital-First Banking. Disbursements.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

SEPTEMBER 7, 2020

The year 2020 began inconspicuously — but in a few short weeks, everything changed. In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

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

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

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 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

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 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

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

OCTOBER 5, 2020

The great digital shift is upending B2B payments , pushing them away from the age-old reliance paper checks toward digital options. This is going to continue to accelerate as you move up into the more complex, upper-middle market enterprise-wide, large corporates,” he said. Beyond The Safety Factor . Size-Agnostic Ripple Effect .

B2B 137

B2B Payment APIs and Integration Payments Push-to-Card 137

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 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

Neopay

JUNE 24, 2024

We will continue to engage with and support industry, taking into account all feedback as we move forward and as industry works hard to implement the systems and processes needed for the new reimbursement requirements,” he said in a statement. “We Britons lost about £459.7 Almost 80% of APP fraud starts online , according to UK Finance.

Regulations 52

Regulations Online and Mobile Banking Rules Push-to-Card 52

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

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

The Fintech Times

SEPTEMBER 14, 2024

Building on previous policies, in 2020, six core strategic industries were introduced to link investment through Taiwan’s ‘Three Major Plans’ of 2019. These economies have since developed into fully advanced nations. Taiwan’s gross domestic product (GDP) per capita is over $35,000.

Innovation 118

Innovation FinTech Payment APIs and Integration Non-Bank 118

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

DECEMBER 2, 2020

As entire industry sectors wage fierce cyber-battle against internet crooks, consumers continue to be victimized by these criminals, and it’s making them extremely nervous about their data. Virtual cards are expected to facilitate $1.6 Merchants Align Behind V-Cards. trillion in spending this year and $5 trillion in 2025.

Debit Card 60

Debit Card Transactions Security Push-to-Card 60

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 Returns 87

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

FICO

OCTOBER 20, 2020

FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. Our UK Credit Report for August 2020 provides a clear picture of the ongoing impact of COVID-19 on consumer finances. Spend on UK cards continues to increase.

Issuers 52

Issuers Push-to-Card Credit Cards Card Issuer 52

The Fintech Times

SEPTEMBER 25, 2024

Since 2020, interest in CBDC potential across the globe has skyrocketed. In May 2020, only 35 countries were exploring the idea of a CBDC at all. Less than five years later, 66 countries are now in the advanced phase of exploration – development, pilot, or launch.

CBDC 74

CBDC Digital Currency Central Bank Privacy 74

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

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

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 52

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

FICO

SEPTEMBER 5, 2022

European Card Fraud in 2021: Winners, Losers and Scams. The United Kingdom and the Nordic region continue to lead Europe in terms of digital transformation and fraud loss reduction - but non-card scams are rising fast. Tue, 11/10/2020 - 12:17. billion payments cards worldwide. Scams Fraud Overtaking Card Fraud.

Scams 52

Scams Financial Crimes Credit Cards Push-to-Card 52

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

JANUARY 18, 2021

For Bank of America , we’re likely to see some discussion on macro trends, on consumer and commercial spending, on cards and branch count. For Goldman , of course, the push downstream, toward retail, consumer banking continues apace. The earnings theme for Tuesday (Jan. Lofty revenues gleaned from Wall Street trading.

Push-to-Card 73

Push-to-Card OCC Non-Bank APACS 73

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 PayPal Contactless Payments 71

PYMNTS

JANUARY 25, 2021

The COVID-19 pandemic of 2020 has required the world’s governments to make some incredibly difficult trade-offs, including weighing preserving public health, personal liberties and the ability for people to earn a living and run their businesses. Unsurprisingly, most of the world has prioritized public health. But we could be doing more.

Small Business 62

Small Business Payments Push-to-Card Risk 62

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

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