Competitive Strategies

Mobile devices have captured more than 50% of online purchase transactions in many large countries, according to new research findings from comScore Inc. Mobile wallets, however, still account for only a minority of total mobile purchases. Reston, Va.-based comScore, which researches Internet usage, says mobile’s share of online transactions rose …

Green Dot Corp.’s new chief executive, Dan Henry, made no bones earlier this month about the strategic importance of the company’s bank, and now a new banking-as-a-service program from the Pasadena, Calif.-based company shows how that asset can be deployed to win the loyalty of one of America’s largest immigrant …

Vesta, a vendor of fraud-fighting technology, said it has received a $125 million growth-capital investment from Goldfinch Partners.Fiserv Inc. said True Sky Credit Union will move to its platform for core account processing, including access to the Zelle peer-to-peer payments network.Mastercard Inc. launched Recovery Insights, a set of data and tools aimed at …

Four years after the EMV chip card standard became the law of the U.S. payments land, the number of credit and debit cards with an EMV chip now exceeds 1 billion, and 63% of U.S. card-present transactions in 2019 involved an EMV card being read by an EMV-capable terminal, up …

Fully 25% of U.S. merchants that accept payment cards experienced a drop of 56% or more in card volume in April compared with February, finds a new study from The Strawhecker Group. After analyzing billions of transactions from more than 1 million card-accepting merchants across the United States, the Omaha, …

Visa Inc. appointed Chris Newkirk as chief strategy officer, a newly created position in which he will lead strategic planning for Visa overall and work with Visa’s regional teams. Newkirk, who will report to chairman and CEO Al Kelly, comes to Visa from Capital One Financial Corp., where he held a …

Pundits have argued for weeks that the Covid-19 pandemic is shifting consumer payment habits away from anything that requires touching publicly available devices, and now that trend is showing up in that most mundane of activities, parking a car. To be sure, parking transactions even via a mobile app have …

After years of working with Internet firms and payments and tech companies to develop its authentication standards, the Fast IDentity Online (FIDO) Alliance on Wednesday unveiled a Web site to familiarize consumers with its work and a symbol that indicates a Web site or device is using its technology. The …

In its first “State of Spend” report, loyalty platform provider Cardlytics Inc., which develops offers for customers of some of the nation’s largest banks based on transaction data, says spending on streaming services rose 24% year-over-year in the March 12-April 29 period.Digital-payments and banking-services provider i2c Inc. said it is supporting Crypto.com as …

Led by the removal of 30,000 ATMs in China, the number of ATMs worldwide fell by 15,000 units, or 0.5%, in 2019 to 3.23 million machines from 3.25 million in 2018, according to new findings from London-based research firm RBR. The United States and Canada also saw declines in their …