PYMNTS

SEPTEMBER 2, 2016

Bank vaults are typically thought of as pretty safe places to store money, but, according to new reports, consumers in Germany have been looking to keep their friends close and their cash closer. German consumers are not just hoarding the cash away in safes, however. To download the PYMNTS.com Global Cash Index™, click below….

Consumer 40

Consumer Push-to-Card ATM Privacy 40

PYMNTS

JANUARY 18, 2021

There have also been shifts in how customers pay for goods and services, with s ocial distancing policies making contactless transactions essential and pushing consumers toward payment methods such as bank transfers and digital wallets. Each company’s risk management approach must therefore be tailored to its specific business needs.

Treasury 127

Treasury API Best Practices Risk 127

FICO

JANUARY 31, 2019

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. Do Consumers Know About PSD2? This applied for both card payments and for push payments from their bank accounts. Pushing a Specific Authentication Method Will Cause Issues.

Authentication 40

Authentication Consumer Online and Mobile Banking Push-to-Card 40

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 Only 26 percent of all consumer purchases in the U.S. are made with cash , for example, and 63 percent of consumers have at least two credit cards. Only 26 percent of all consumer purchases in the U.S.

Regulations 98

Regulations B2B Instant Payments Payments 98

The Fintech Times

APRIL 3, 2024

As time passes, consumers are seeing the number of embedded finance offerings increase across the wide range of products and services they use. This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

PYMNTS

FEBRUARY 10, 2020

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Biometrics are growing increasingly popular among credit card users.

Data Breach 94

Data Breach Point-of-Sale (POS) Push-to-Card Verification 94

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. Consumers are reacting well to these developments, with 67 percent saying QR codes make contactless transactions easier. Retail Environment.

Contactless Payments 82

Contactless Payments Security Point-of-Sale (POS) On-Demand 82

PYMNTS

MAY 5, 2017

When it comes to accessing their money, today’s consumer wants it now, with the push of a button. As they grow bolder with this demand, consumer requirements for speed, simplicity and choice in how they get paid could soon make push payments technology a corporate standard. New Tools on the Block .

Checks 46

Checks Push-to-Card Debit Card Payments 46

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil.

Real Time Payments 52

Real Time Payments Scams RTP Payments 52

FICO

AUGUST 16, 2022

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams.

Compromise 52

Compromise Romance Scams Push-to-Card ATM 52

PYMNTS

NOVEMBER 1, 2018

Singapore, in particular, recently saw the opening of a supermarket that uses digital payment technology to allow consumers to pay for items instead of visiting cashiers. To purchase items at the store, consumers download an app called beePay, which connects to their credit cards or the company’s mobile payments wallet.

Push-to-Card 60

Push-to-Card On-Demand Credit Cards Mobile Payments 60

CB Insights

APRIL 22, 2021

After last year’s payments push , big tech companies are now turning their attention to lending. Meanwhile, Apple is leaning on its sticky products and loyal customer base to offer consumer lending products like “buy now, pay later” (BNPL) options and credit cards.

Push-to-Card 36

Push-to-Card BNPL Credit Cards Small Business 36

PYMNTS

JUNE 6, 2019

In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters. Amazon is also pushing into the region, relying on India’s Unified Payments Interface (UPI) to enhance P2P payments through Amazon Pay.

Security 64

Security Real Time Payments Federal Reserve Push-to-Card 64

PYMNTS

JUNE 1, 2020

The COVID-19 pandemic has prompted consumers and merchants to reconsider the mechanism that they use for handling in-person transactions, with many concerned that the virus could linger on point-of-sale (POS) terminal buttons as well as on dollar bills. Around The Next-Gen Debit World.

Contactless Payments 52

Contactless Payments Push-to-Card Point-of-Sale (POS) Credit Cards 52

PYMNTS

FEBRUARY 4, 2019

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the portion of consumers who fell behind on bill payments went way up, increasing from 30.7 The usage of credit cards to pay off debt shot up from 44.6 percent in Q2 2018 to as much as 41.2

Credit Cards 51

Credit Cards Push-to-Card Consumer Finance 51

PYMNTS

JUNE 29, 2020

It’s designed to break down the bigger topics in a typical consumer’s financial life into “bite-sized” teaching modules that are easily consumable. Then get enough pineapples to receive a low-value gift card as a reward. The startup has added a direct incentive. Do a module to earn points (pineapples).

Financial Literacy 105

Financial Literacy Push-to-Card Credit Union Consumer 105

Open Banking Excellence

AUGUST 29, 2023

Nonetheless, the adoption of PSD2 in France is a significant step towards increased competition and innovation in the banking sector, which should ultimately benefit consumers and businesses alike. According to European industry experts, France and Germany are ranked second and third, respectively, in terms of Open Banking implementation.

API 100

API Regulations Innovation FinTech 100

PYMNTS

JULY 23, 2020

“Consumers do not want a gap or friction at any point along the way, making it critical for financial institutions to understand and define member journeys and personas in both physical and digital channels.”. Consumers want the ability to continue transacting and conducting normal banking activities.

Online and Mobile Banking 60

Online and Mobile Banking Credit Union Push-to-Card Volume 60

PYMNTS

DECEMBER 17, 2020

One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

Fraud Prevention 102

Fraud Prevention Account Takeovers Phishing Push-to-Card 102

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. Recent research we undertook looked at the connection between customer experience and fraud controls from a consumer perspective.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

FICO

OCTOBER 20, 2020

The UK is home to the most sophisticated Authorized Push Payment (APP) scams in the world. In 2019, banks’ losses of £456 million nearly equaled the £470 million attributed to card not present (CNP) fraud. Now, in 2020, APP scams are expected to eclipse card fraud, fueled by niche schemes related to the COVID-19 pandemic.

Scams 52

Scams Irrevocable Payment Push-to-Card Irrevocability 52

PYMNTS

MARCH 25, 2016

According to the most recent PYMNTS/InfoScout Apple Pay Adoption Tracker , first presented at PYMNTS’ Innovation Project 2016 , more consumers are giving Apple Pay a try, but even more aren’t coming back. The beginning and end of the good news for Apple is that more consumers are giving its payments app a shot.

Consumer 42

Consumer Mobile Payments Push-to-Card Origination 42

PYMNTS

JULY 25, 2019

Retail Card Programs. The push toward better loyalty and rewards power in retail is also being seen outside the world of QSR operations. Shopkick users can earn rewards and gift cards by watching videos, browsing offers, traveling to stores or scanning items on shelves. It recently said it has acquired U.S.-based

Push-to-Card 53

Push-to-Card Online and Mobile Banking Card Services Enrollments 53

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. Around The Buy Now, Pay Later World. during last year’s holiday season.

BNPL 67

BNPL Alternative Payment Methods Push-to-Card Credit Cards 67

PYMNTS

JULY 31, 2019

Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. Just one-third of American consumers report having used MCS, according to PYMNTS’ research. So what gives? The Case That Makes Itself .

Card Services 54

Card Services Push-to-Card Use Case Consumer 54

PYMNTS

OCTOBER 9, 2019

Subscription-based offerings can be key to helping business-to-consumer (B2C) companies establish long-running relationships and lock down more predictable revenue streams. headquarters as part of its push to advance direct debit acceptance worldwide. Around the Recurring Global Payments world. The company recently launched a U.S.

B2C 56

B2C Credit Cards Cross-Border Payments 56

PYMNTS

OCTOBER 15, 2020

Consumers want information in the digital-first economy – actually, they wanted it yesterday. If it is so enabled, Sound Runner can text the consumer to get more specifics about her running gait and stride idiosyncrasies. How would the consumer like it delivered? Now the voice commerce part is over and the conversation begins.

Push-to-Card 75

Push-to-Card Technology Economy Consumer 75

PYMNTS

AUGUST 20, 2019

Subscription Push. Face measurements and purchases happen via a mobile app that consumers download. Face measurements and purchases happen via a mobile app that consumers download. “We We wanted the entire purchase process to be under five minutes from the time of downloading the app to placing the order,” he said.

Push-to-Card 61

Push-to-Card Debit Card Credit Cards Process 61

Tearsheet

SEPTEMBER 19, 2024

As an example, when consumers review their purchase information in their banking app, they are asking themselves, is this actually the amount I made the purchase for? To learn more about how subscription management tools and digital receipts can impact cost reductions and increase operational efficiencies, download this white paper.

Posting 52

Posting Issuers Consumer Disputes 52

PYMNTS

OCTOBER 13, 2017

But, to really win over consumers, retailers need to pony up and offer cash back, which is the most popular incentive a rewards program can offer. And, when it comes to receiving cash back, consumers don’t want to wait for checks to arrive in the mail. Around the world of disbursements.

Checks 46

Checks Financial Inclusion Push-to-Card Government 46

PYMNTS

NOVEMBER 1, 2018

The influx of freelancers is pushing companies to adopt even faster methods of disbursements to satisfy their need for payment speed. In the latest Disbursements Tracker , PYMNTS takes a look at the latest disbursements news and recent developments pushing us further from the paper check. Around The World Of Disbursements.

Instant Payments 75

Instant Payments Economy Real Time Payments Faster Payments 75

PYMNTS

JUNE 3, 2020

Another B2B transaction pain point is corporate credit cards, which often rely on legacy software and tedious paperwork to conduct and verify their use. Another B2B transaction pain point is corporate credit cards, which often rely on legacy software and tedious paperwork to conduct and verify their use.

Real Time Payments 75

Real Time Payments API B2B MFA 75

FICO

OCTOBER 20, 2020

The UK is home to the most sophisticated Authorized Push Payment (APP) scams in the world. In 2019, banks’ losses of £456 million nearly equaled the £470 million attributed to card not present (CNP) fraud. Now, in 2020, APP scams are expected to eclipse card fraud, fueled by niche schemes related to the COVID-19 pandemic.

Scams 40

Scams Irrevocable Payment Push-to-Card Irrevocability 40

PYMNTS

SEPTEMBER 14, 2016

The need for speed has a double edge, and in the payments world, this double edge is more choice for businesses and consumers against potential opportunities for fraudsters to tap into new payment models. ’s Faster Payments initiative, which traces its genesis to 2008, has seen fraud losses around online banking grow from £22.6

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

PYMNTS

OCTOBER 29, 2020

Consumers are also working to handle new budget strains and seeking swifter access to their earnings so they can better make ends meet. They face an array of options to help them with their acceleration efforts, with some choosing to start delivering payroll via push-to-card offerings or directly into workers’ digital wallets, for example.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

SEPTEMBER 6, 2019

The use of digital identities is becoming commonplace, and consumers are largely satisfied with their presence. Though the country currently utilizes the MyKad identity card, the National Digital Identity project will supplement access to payments and access online services. Inside Australia’s Push For Safe And Trusted Digital IDs.

Authentication 71

Authentication Online and Mobile Banking Verification Government 71

PYMNTS

MAY 22, 2020

Still, PYMNTs’ surveys have found that consumers are eight times more afraid of dying from COVID-19 than they’re worried about losing their jobs or their nest eggs. Analysts were nearly universally predicting a “V-shaped” U.S. recovery — a fast drop with a quick stop, then a rapid reset back to normal. Leading People To Try A New Thing.

Blockchain 105

Blockchain Bitcoin Addressing Cryptocurrency 105