Author Archives: CoreCard Team

Whether you are running an e-commerce business or a big box retail store chain, you need a powerful and integrated credit card transaction processing system that can help you efficiently process any type of card issuing program. The system should not only enable you to operate your business smoothly; it should also be easy forContinue reading “Elements 5 Must-Haves for a Modern Credit Card Transaction Processing System”

The pandemic has changed the way people conduct financial transactions. Contactless payment options and wearable payments have started taking over as customers want to avoid contracting COVID-19. 75% of Gen Z customers already use digital payment apps for transacting money. More than half of them use digital wallets at least once a month. And this seems toContinue reading “The Changes The Credit Card Industry Is Keeping A Close Watch On”

Branded cards have been in circulation for over 100 years now. There’s evidence that U.S-based department stores and oil companies started with branded cards in the 1920s. Cut ahead to the 21st century and we can see the growing popularity of co-branded credit cards from the likes of Starbucks

The banking sector is opening up to the concept of digital transformation – not just to optimize internal operations, but also to enhance competitive standing and elevate the customer experience. Most banks have come to the realization that, by adopting modern approaches and integrating digital technologies, they can deliver greater value to their customers whileContinue reading “5 Ways in Which Digitally Transformed Banks Are Different”

The COVID-19 pandemic caused quite a bit of upheaval in the credit cards industry, as it did everywhere else. While accelerating digital transformation and enhancing digital capabilities became an urgent need, changing the rewards environment also emerged as a pressing concern. Rewards have always been a primary attraction driving customers to apply and spend onContinue reading “How the Pandemic Changed the Rewards Landscape for the Cards Industry”

Customer satisfaction has now become the next competitive frontier. Consumer expectations of the products and services they use are rising. Better quality, more convenience, improved speed, and attractive incentives are in the mix. Today’s customer is driven by context and wants every engagement to be relevant to a narrative that matters to them. The expectationsContinue reading “Are credit cards failing the customer expectation test?”

In today’s digital age, how do companies in the financial sector continue to stay fast, competitive, and proactive? For sure, large-sized monolithic architectures holding together the technology backend are not the answer. It’s time for microservices, the antithesis of monolithic systems. Today, companies of all sizes and across domains are deploying microservices architecture, using whichContinue reading “How Microservices Is Enabling Agility And Resilience In The World Of Banking and Finance”

The COVID-19 pandemic was a disruptive event for the payment industry. Consumers became ultra-conscious of the need to avoid physical contact with “high-traffic” surfaces at greater risk of contamination and the demand for contactless payment options soared to an all-time high. Most experts agree that consumers will continue to prefer contactless payment options even afterContinue reading “The Program Manager’s Guide To Contactless Cards And Payments”

There’s a sea of card programs out there. That’s only natural considering how building a reward-linked credit cards program presents an attractive opportunity for brands to engage with their customers beyond direct transactions and embed themselves into the very fabric of their daily life. However, in an increasingly competitive and crowded playing field, to winContinue reading “How brands can ensure their credit cards program always aligns with their brand experience”

The Exciting new world of Digital Cards (and how they work) Ever since Diner’s Club introduced the first credit card way back in the 1950s, payment cards (including credit and debit cards) have become a mainstay in the lives of all consumers. Embraced enthusiastically by banks and brands alike, cards kept growing, as did theirContinue reading “The Exciting new world of Digital Cards (and how they work)”