PYMNTS

OCTOBER 10, 2019

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was an unsecured personal loan that consolidated the debt into a lower interest option with fixed monthly payments. Interest rates on the Upgrade Card range from 6.49

Credit Cards 61

Credit Cards Product Push-to-Card Consumer 61

PYMNTS

DECEMBER 30, 2020

Between the explosion of the digital economy driven by the pressures of the pandemic and the radical realignment of consumer preferences that has happened as a result, the year 2020 has seen digital payments accelerate at something approaching warp speed. It’s a consumer choice, [offering] everything and anything they want,” Turner said. “We

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

Payments Source

APRIL 25, 2016

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

Push-to-Card 89

Push-to-Card Rules CFPB Product 89

PYMNTS

JANUARY 27, 2021

But for consumers, as noted by PYMNTS research, more than half of subscribers rank saving money among the top three reasons for considering buying subscription bundles. But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Subscription management is part of that.

Consumer 72

Consumer Technology Push-to-Card Blocks 72

PYMNTS

JANUARY 27, 2021

Going to the branch still outscores using a bank website, according to PYMNTS’ recent Paradigm Shift report , and consumers would still rather get their messages from their financial institution via an email than via a mobile app. What Consumers Need . A good example of this phenomenon in action is loyalty rewards.

Consumer 90

Consumer Push-to-Card Transactions Process 90

PYMNTS

FEBRUARY 5, 2020

And even if it doesn’t quite make it over the trillion-dollar milestone, consumer spending will certainly get within striking distance – which attests to the fact that in the U.S. During the Black Friday and Cyber Monday shopping events and beyond, consumers were increasingly turning to buy now, pay later (BNPL) solutions in the U.S.

Consumer 57

Consumer BNPL Credit Cards Push-to-Card 57

Fintech Finance

JULY 18, 2024

Coast also announced a strategic investment from Synchrony, a leading consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites across diverse sectors. The fleet fuel payments on these specialized cards add up to a staggering $120 billion annually in the US.

Push-to-Card 98

Push-to-Card Payments Finance Verification 98

Fintech Finance

AUGUST 29, 2024

Debuting first in India as a pilot with some of the nation’s largest payments players, including payment aggregators such as Juspay , Razorpay and PayU , online merchants such as bigbasket and leading banks such as Axis Bank , the service will give millions of consumers more control and peace of mind when checking out online.

Visa 105

Visa Security Authentication Payments 105

PYMNTS

APRIL 17, 2020

As of today, consumers nationwide are facing levels of uncertainty that have no historical parallels. Unemployment filings have set records and consumers are deeply concerned about their futures. It is a lot of small things that happen through these rough patches that help consumers stay calm rather than run off in a panic. “It

Credit Union 63

Credit Union Consumer Push-to-Card Contactless Payments 63

Open Banking Excellence

MARCH 5, 2024

A sustainable economic model will encourage greater collaboration and innovation and expansion of products down the line and really drive improvements in customer journeys,” says Wright. JROC will also help focus attention on the economics of Open Banking by introducing the idea of premium APIs, he says. “A

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

PYMNTS

DECEMBER 11, 2020

Digital has certainly advanced further and faster than anyone predicted at this time last year, and the ground that’s been taken is unlikely to ever be surrendered back, Helena Mao , vice president of global product strategy for payment solutions at Blackhawk Network , told PYMNTS in a recent conversation. “I Digital Gift Cards ’ Growth.

Posting 116

Posting Push-to-Card Debit Card On-Demand 116

PYMNTS

FEBRUARY 27, 2019

There might be one word that consumers would use to describe the state of disbursements in early 2019: mediocre. Millennial consumers probably wouldn’t be so generous. That naturally led, he said, to consumers asking the logical question: “Why can’t I choose how I am paid and when?”. What consumers don’t want is the paper check.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

PYMNTS

OCTOBER 25, 2018

More product improvements — and quick ones at that — seem to be in the mix for Snap as its daily active user base and its Q3 loss disappointed investors late Thursday (October 25), despite a 5 percent increase in average revenue per consumer. Product upgrades are in the works, company officials said. “I

Product 49

Product Zelle Push-to-Card Venmo 49

The Fintech Times

DECEMBER 21, 2023

Streamlining cross-border payments Audrey Hall, chief product officer at Brightwell Looking back at 2023 trends, Audrey Hall, chief product officer at Atlanta-based fintech Brightwell, says there has been a surge in the number of domestic players launching products that allow users to send funds from one wallet to another.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

The Fintech Times

FEBRUARY 16, 2024

Many consumers across the UK are falling to scams originating from Meta platforms: Facebook , Instagram and WhatsApp. To better protect its consumers, the neobank has launched an advanced scam detection feature. We’ve invested heavily in the product to ensure that customers can continue to spend and send their money safely.

Scams 72

Scams Push-to-Card Financial Crimes Origination 72

Clearly Payments

JANUARY 29, 2024

These digital-only banks are challenging the traditional financial institutions by offering products and services that cater to the needs of tech-savvy consumers. They do not have physical branches, and they offer a range of financial products and services, including checking and savings accounts, debit cards, and credit cards.

Online and Mobile Banking 105

Online and Mobile Banking Payments Innovation Push-to-Card 105

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Consumer 48

Consumer Small Business Push-to-Card FDIC 48

The Fintech Times

MAY 22, 2024

In its Annual Fraud Report 2024 , UK Finance detailed the amount its members reported as stolen through payment fraud and scams, with a primary focus on authorised push payment (APP) fraud and unauthorised fraud. ” Unauthorised fraud losses Unauthorised fraud is when your card details are used by someone else without your permission.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

PYMNTS

SEPTEMBER 23, 2020

Consumer engagement has become a very different ballgame for financial institutions (FIs) in the past several months, as the physical branches that were the cornerstone of making connections with customers closed down. More generally, financial institutions are now in the position of having the highest [level of U.S.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

Neopay

MAY 28, 2024

“ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 “ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 Criminals stole £1.17 Banks prevented a further £1.25

Scams 52

Scams Push-to-Card Romance Scams Crime 52

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

PYMNTS

MARCH 20, 2019

In the age of smartphones, tablets and voice assistants, the morning or evening commute provides a myriad of opportunities for consumers to interact with the world. Those possibilities also extend to commerce, with connected devices paving the way for new shopping opportunities while consumers are on the road. Currently, 58.7

Consumer 73

Consumer Push-to-Card Credit Cards Transactions 73

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. This is leading to a golden age of choice for businesses, who now have access to the cost savings and customer-centric capabilities that a new wave of Open Banking-powered payment products can deliver.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

Clearly Payments

MARCH 11, 2024

With near-instantaneous settlement times and lower transaction fees, businesses and consumers in Canada are increasingly turning to cryptocurrency for their payment needs. Overall, Cryptocurrency is pushing traditional banks and the overall financial system to become more efficient.

Cryptocurrency 104

Cryptocurrency Financial Inclusion Consumer Protection Payments 104

PYMNTS

SEPTEMBER 13, 2016

Product hysteria is not the sort of thing that normally attaches itself to credit cards — but as scores of message boards and YouTube unboxing videos will attest, consumers are having a rather atypical reaction to the Chase Sapphire Reserve Card. It’s the best time in years to shop for a rewards card.”.

Consumer 65

Consumer Credit Cards Push-to-Card Issuers 65

CB Insights

AUGUST 23, 2018

Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results. First Name. Key takeaways.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

Tearsheet

JULY 1, 2024

The evolution in payment technologies and experiences is directly impacted by changes in consumer preferences, particularly among younger generations. That seems to be driven by BNPL’s ease of use, availability and attractiveness as an alternative to credit cards. Very few in this generation use physical cards.

BNPL 106

BNPL Online and Mobile Banking Encryption Payments 106

Fintech News

MAY 2, 2024

” Samarth Bansal Wise’s expansion strategy in Asia Pacific is twofold: entering new markets and expanding its product portfolio in existing markets to address customer pain points and opportunities. Is there more opportunity for us to expand our product portfolio to offer more services to the customer?

Cross-Border 97

Cross-Border Cross-Border Payments Push-to-Card On-Demand 97

Tearsheet

MARCH 21, 2024

This role is now also extending to shaping financial decisions and taking charge in managing household finances, as shared by Bunita Sawhney, Global Head of Consumer Products and Processing at Mastercard, during her presentation at the Tearsheet Gen Z Symposium held recently in NYC. Go to tearsheet.co/strawberryfrog

Financial Literacy 59

Financial Literacy Debit Card Credit Cards Push-to-Card 59

FICO

FEBRUARY 22, 2023

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. This rise occurred in a month when UK retail sales volumes were widely reported as being down relative to past years.

Credit Cards 52

Credit Cards Push-to-Card Advisors Card Issuer 52

FICO

NOVEMBER 30, 2022

Senior Director, Product Management. Fraudsters are opportunistic, and lately they are (unfortunately) finding a lot of success by targeting consumers directly. Consumers are not as worried about APP fraud and scams as they are for other types of fraud, but awareness is growing. million from debit card payments, and $82.2

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

The Fintech Times

APRIL 3, 2024

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

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

PYMNTS

SEPTEMBER 2, 2020

As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. Riley added it allows consumers to have a discrete transaction, separate from their general purchasing, while merchants close the sale and have the chance to upsell the customer.

Visa 88

Visa BNPL Push-to-Card Payments 88

PYMNTS

JANUARY 29, 2020

Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud.

Consumer 52

Consumer Push-to-Card Automation Card Issuer 52

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