PYMNTS

DECEMBER 23, 2016

Tricking someone into clicking on a fake website and turning over their personal data has been a favorite scam of hackers, and it doesn’t seem to be abating, with security firm Cyren reporting a fake Michael Kors shopping website coming in as the highest volume non-malware attack of all of 2016. In a blog post Thursday (Dec.

Volume 48

Volume Ransomware Scams Credit Cards 48

Fintech Finance

OCTOBER 8, 2024

Moneybox launched in 2016 with GoCardless as its preferred payment method, enabling customers to transfer money into its wide range of savings and investment products. Savings and investing platform Moneybox has renewed its relationship with bank payment company GoCardless , building on an eight-year partnership.

Settlement 69

Settlement Payments Use Case Volume 69

PYMNTS

OCTOBER 26, 2017

According to CEO Alfred Kelly, Visa ended its financial year as it began, “with strong growth across payments volume, cross-border volume and processed transactions, which was bolstered by the addition of Visa Europe.” The headline was, of course, the marked increase in payment volume of nearly 10 percent (9.8 percent) to $1.93

Volume 49

Volume Cross-Border Payments Push-to-Card 49

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Clarity For The Payments Sector. New payment experiences will continue to emerge and vary from merchant and issuer.

Payments 49

Payments Authentication Issuers Innovation 49

Clearly Payments

OCTOBER 3, 2024

Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion 2016 $3.1 Transaction Volume : Electronic payments processed through these terminals exceed $8 trillion annually. Benefits : Ideal for high-volume merchants needing a reliable and efficient terminal.

Credit Cards 84

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 84

The Fintech Times

OCTOBER 10, 2024

In 2016, savings and investing platform Moneybox partnered with GoCardless , the bank payment company to enable its customers to transfer money into its range of savings and investment products. The renewal will see Moneybox continue to rely on GoCardless for direct debit.

Settlement 52

Settlement Use Case Volume Regulations 52

The Fintech Times

MAY 1, 2024

The current economic landscape across the UK continues to increase pressures on consumer pockets. per cent) also saw an increase in the volume of complaints. According to the FCA, since 2016 H2, current accounts have remained the most complained about product. million complaints from firms between July and December 2023.

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) Volume Consumer On-Demand 59

PYMNTS

NOVEMBER 29, 2016

Arguments about payday loans have a habit of quickly devolving from polarized to outright acrimonious pretty quickly — and 2016 has seen that habit get very, very ingrained. Luckily, we have a handy roadmap right here — the PYMNTS PayDay Loan Chronicle 2016. Spoiler: The situation is more complicated than you’ve heard.

CFPB 58

CFPB Credit Union Consumer Financial Protection Bureau (CFPB) Regulations 58

The Fintech Times

JULY 7, 2024

This principle will continue to guide our actions as we navigate new markets and opportunities. Furthering growth Established in 2018, CoinDCX offers access to over 500+ crypto assets and facilitating average quarterly trading volumes exceeding $840 Million in spot in 2024 to over 15 million users.

SARS 59

SARS Regulatory Compliance Volume Compliance 59

Fintech News

OCTOBER 31, 2024

Founded in 2016, YouTrip is a mobile financial platform that offers a multi-currency mobile wallet and a contactless Mastercard to make payments in over 150 currencies with no fees. The company recorded a total payment volume of around US$10 billion. It’s also registered with the US Financial Crimes Enforcement Network (FinCEN).

Cross-Border Payments 115

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 115

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Global Fraud Attacks.

Online and Mobile Banking 41

Online and Mobile Banking Demand Deposit Account (DDA) EMV Cross-Border 41

PYMNTS

APRIL 11, 2018

percent, respectively, over 2016. 2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. percent higher than similar volume reported in 2016.

ACH Network 44

ACH Network ACH Same Day ACH Transactions 44

Nanonets

NOVEMBER 18, 2024

Founded in 2016, Rossum has quickly become a major player in the document processing and automation space. It’s a great choice for workflows where human oversight is essential for compliance and operational continuity. per page with unlimited volume and community support. Parameter Hyperscience Rossum Ease of Use 9.3

Automation 52

Automation Volume AI API 52

CB Insights

OCTOBER 1, 2016

Since 2012, deals to early-stage medical device companies have hovered around 30% of total deal volume to the category. VCs and corporate investors alike are continuing to fund medical device startups in 2016 and the category is on track to see another year of increased … Continued.

Volume 55

Volume Continuity 55

PYMNTS

APRIL 17, 2017

According to the data, the number of ACH transactions in 2016 topped 25.6 2016 marked a significant year for the continued evolution and growth of the ACH Network,” said NACHA President and CEO Janet O. And it is this versatility that makes ACH payments a valued payment type and supports the continued growth of the ACH network.

Same Day ACH 40

Same Day ACH NACHA ACH ACH Network 40

PYMNTS

SEPTEMBER 12, 2019

Quick-service restaurants and fast casual establishments are continuing to offer ways to order online – and track deliveries online – while also offering loyalty rewards in the process. Order volumes are up 130 percent as measured between 2016 to 2018, indicating that the appetite for delivery is only increasing.

Volume 55

Volume Consumer Continuity Process 55

Fintech News

JANUARY 4, 2024

Deal activity in the technology, media and telecom continued their downtrend in Q2 2023, with deal value falling 32% from Q1 2023 to Q2 2023 on a 15% decline in deal volume. Tech transactions suffered a considerable pullback, with deal volume decreasing to 854 from 1,011 in Q1 2023 and deal value dropping to US$23.9

FinTech 81

FinTech Acquirers Web 3.0 Volume 81

PYMNTS

NOVEMBER 30, 2017

was raised in 2016 from £20 to £30, the overall volume of contactless payments tripled. continues to climb. continues to climb. As of 2016, total banknotes in circulation grew by 10 percent to reach £70 billion — the fastest growth in a decade, according to the Bank of England (BoE). As of 2016, some 3.7

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

NOVEMBER 7, 2016

Is it any surprise that earnings season continued (and still continues) to dominate the movements of payments stocks? Among the companies that enjoyed some heady gains, Square stood out for its quarter, which showed some strong growth in terms of payments processing volume, gaining double digits.

Payments 64

Payments Large Merchants Volume On-Demand 64

PYMNTS

FEBRUARY 6, 2017

For the full year, package volume rose 4.6 percent to 4.868 billion in 2016. Its stock continued to fall slightly on Wednesday and Thursday. Its stock continued to fall slightly on Wednesday and Thursday. “In percent in the last quarter of 2016 and accounted for 55 percent of UPS volume in that period.

Volume 48

Volume On-Demand Addressing Automation 48

PYMNTS

FEBRUARY 26, 2016

Specifically, trucking, where volumes slowed to a crawl during the first month of 2016 as retailers nationwide continue to work to move those overstocked inventory piles. Clearly, 2016 started soft for truck tonnage,” the ATA’s Bob Costello said in a statement.

Adjustments 40

Adjustments Volume Economy Continuity 40

PYMNTS

AUGUST 1, 2017

Prosper continues to see growth and momentum across its business, and our current position of strength gives us the opportunity to further enhance the experience for borrowers and investors.”. The move comes at a time when the FinTech is struggling with declining loan volumes.

Identity Theft 40

Identity Theft Volume Finance Settlement 40

PYMNTS

FEBRUARY 7, 2020

Try this: for the first time in the four years since PYMNTS began tracking checkout conversion, eTailers report that they’ve lowered aggregate volume of sales at risk at checkout by $76 billion within a single year. PYMNTS has tracked the vicissitudes of paying online since 2016. Want to hear something better?

Point-of-Sale (POS) 52

Point-of-Sale (POS) Risk Volume Caps 52

Fintech News

JANUARY 7, 2024

Between January and October 2023, QRIS transaction volume reached 1.6 Finally, fostering a strong demand for payment solutions requires continuous education and awareness efforts to encourage consumers and businesses to adopt digital payments.

Financial Inclusion 101

Financial Inclusion Innovation Payments NOV 101

PYMNTS

JANUARY 25, 2017

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, just released findings from the Same Day ACH transaction volume data for Sept. The combined value of these transactions totaled nearly $17 billion, with an average transaction amount of $1,283 in the period through the end of 2016.

Same Day ACH 40

Same Day ACH NACHA ACH Direct Deposit 40

PYMNTS

AUGUST 11, 2017

With the bitcoin market surging, Coinbase has facilitated almost $15 billion in digital currency exchange in just the first half of 2017, which is five times more than was exchanged in all of 2016. The startup could see a tenfold increase in transaction volume from full-year 2016 to full-year 2017. Following its new $1.6

Digital Currency 40

Digital Currency Volume Bitcoin Cryptocurrency 40

PYMNTS

AUGUST 2, 2019

Square ’s second quarter showed a few familiar trends — namely, growth in large sellers as a percentage of payments volume, an embrace of the Cash App offering (even beyond cryptos) and a surge in business loans. Management pointed toward continued reinvestment in the company as a factor in the earnings guidance.

Posting 46

Posting Volume API Debit Card 46

PYMNTS

JULY 6, 2018

While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement. In addition, demand in South Asia “continued to surge ahead.”

Chip Cards 44

Chip Cards CHIPS EMV Contactless Payments 44

PYMNTS

FEBRUARY 6, 2017

The company released its 2016 results last week and reported a 3.6 million in costs related to those staff cuts and highlighted goals for its continued growth strategy for 2017–2020. percent in 2016, Basware added, while the year also saw its highest transaction volume, recording 10.4 31, 2016, were $1.5

B2B 52

B2B FinTech Cross-Border Payments Cross-Border 52

PYMNTS

MARCH 13, 2017

First, millennials reportedly accounted for the largest share of online apparel revenue in both 2015 and 2016 across generations — 35.2 percent in 2016. In 2016, the spending influence from both baby boomers and the silent generation grew a bit in online apparel sales, though millennials still took the majority share.

Volume 52

Volume Continuity Research Accounts 52

PYMNTS

NOVEMBER 28, 2016

After all, October was the first year-over-year volume gain in 20 months, with the robust trend appearing to continue in November as well. carried more traffic provided by retailers that goes between trucks and railroads in October than any other month in 2016. He pointed to “outstanding” volume growth at FedEx, which had U.S.

Consumer 43

Consumer Volume On-Demand Continuity 43

PYMNTS

NOVEMBER 21, 2016

billion in gross merchandise volume — just more than a 32 percent increase over last year’s figures. However, a new study from KPMG revealed that Chinese shoppers still have a strong preference for doing extensive research prior to making online purchases, even as their eCommerce activity continues to grow, Jing Daily reported.

Consumer 63

Consumer Research Volume Product 63

PYMNTS

APRIL 16, 2020

Instacart and Costco first teamed up in 2016 to let customers have the chance to receive deliveries of household goods and groceries. Instacart President Nilam Ganenthiran said in an announcement, “We’re proud to partner with Costco to make online prescription delivery possible for consumers during this critical time.

Privacy 64

Privacy On-Demand Volume Continuity 64

PYMNTS

MAY 10, 2018

PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. According to reports, the latest figures are a 56 percent year-over-year increase in loan volume. That compares with its 116 percent year-over-year volume increase between 2016 and 2017.

PayPal 46

PayPal Small Business Volume Finance 46

PYMNTS

AUGUST 22, 2018

The site stated that “for some context,” the company logged revenues of 218 million euros in all of 2017, which in turn was up 38 percent from 2016. “In Reuters noted that the company has continued to add to its roster of customers, with additions including eBay and Dunkin’ Donuts. POS processed volume has increased to 6.6

Transactions 40

Transactions Volume Process Continuity 40

PYMNTS

AUGUST 22, 2018

The site stated that “for some context,” the company logged revenues of 218 million euros in all of 2017, which in turn was up 38 percent from 2016. “In Reuters noted that the company has continued to add to its roster of customers, with additions including eBay and Dunkin Donuts. POS processed volume has increased to 6.6

Transactions 40

Transactions Volume Process Continuity 40

PYMNTS

FEBRUARY 24, 2017

National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. Kohl’s overall profits came in at $252 million in Q4, or $1.44

On-Demand 46

On-Demand Volume Continuity 46