Clearly Payments

NOVEMBER 26, 2023

The most ubiquitous form is credit and debit cards, seamlessly accepted through various channels – be it in-person via mobile card readers, virtual terminals, or securely online through payment gateways. This is up significantly compared to 2016 when 65% of HVAC companies accepted credit cards.

Credit Card Payment Processing 52

Credit Card Payment Processing Credit Cards Process Processors 52

PYMNTS

JANUARY 13, 2017

Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. 13) — that would be JPMorgan Chase, Wells Fargo and Bank of America. As for bank earnings, themselves: JPMorgan stands out with a sizable beat on the bottom line with $1.71

Consumer 40

Consumer Online and Mobile Banking Credit Cards Volume 40

PYMNTS

FEBRUARY 14, 2017

JPMorgan Chase reportedly passed $1 trillion in merchant processing volume in 2016. announced a partnership with Intuit that will allow Chase customers to easily load their account data into Mint, TurboTax Online and QuickBooks Online financial management applications. Last month, JPMorgan & Chase Co.

Online and Mobile Banking 67

Online and Mobile Banking ATM Client Management Consulting 67

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

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

PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters , traditional banks will feel the impact if FinTechs start offering services such as payments, crowdfunding, mobile banks and online trading.

Regulations 40

Regulations Rules FinTech Online and Mobile Banking 40

Fintech Labs Insights

JUNE 29, 2023

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. The score is based on VC funding, website traffic, mobile downloads, and the number of employees. Related: Top 18 Digital & Online Insurance Providers for Small Businesses (SMB): June 2023 Top 9 U.S.

Small Business 15

Small Business Processors Digital Payments Online and Mobile Banking 15

PYMNTS

NOVEMBER 30, 2017

was raised in 2016 from £20 to £30, the overall volume of contactless payments tripled. 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). in 2016, according to BoE’s data. continues to climb.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 105

FinTech Online and Mobile Banking Blockchain Product 105

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Small Business 74

Small Business Online and Mobile Banking Checks Fraud Detection 74

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

Fintech Labs Insights

AUGUST 22, 2024

QuickFi : Reported a 45% increase in loan volume. Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent of total payments by volume in 2017 and debit responsible for 26.5 percent and 21.5

Online and Mobile Banking 51

Online and Mobile Banking Governance Government Digital Payments 51

PYMNTS

OCTOBER 25, 2019

What Apple Pay At Five Says About The Future Of Mobile POS Payments. Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters. Visa: Tap-To-Pay Gains Steam, As B2B Volume Hits $1T, Annualized. Trending: Mobile Order-Ahead Takes The Field (Kount Mobile Order Ahead Tracker).

Innovation 40

Innovation Office of the Comptroller of the Currency Online and Mobile Banking Void 40

PYMNTS

SEPTEMBER 12, 2016

PayPal may have ended its relationship with eBay, but it has been aggressively pursuing the store payments space by striking deals with Visa earlier in 2016 and with Mastercard on Sept. PayPal is intent on being accepted as a method of payment at store checkouts throughout Mastercard’s and Visa’s mobile contactless payments systems.

PayPal 64

PayPal Online and Mobile Banking Visa Venmo 64

PYMNTS

DECEMBER 9, 2019

Federal Reserve Banks, electronic payments are on the rise. The overall volume of transactions was up 5 percent year on year to 43 payments, dominated by purchases at about 34 of those transactions with bill payments making up the remainder. The Fed banks said that 14 percent of respondents reported making zero payments.

Fed 56

Fed Debit Card Consumer Federal Reserve 56

PYMNTS

NOVEMBER 2, 2018

Western Union processes an average of 32 transactions every second on its platform and moved $300 billion across 130 currencies in 2017, and Ersek said it is more than capable of handling Amazon volume. . “W The main draws, according to Forrester, are choice, quality and cost for consumers to shop online from overseas.

Online and Mobile Banking 49

Online and Mobile Banking Cross-Border B2B Cross-Border Payments 49

PYMNTS

SEPTEMBER 9, 2016

Square Cash is trying to turn around its money-losing proposition, launching a new service that enables people who receive a payment via Square Cash to cash out the money to a bank account in real time. However, payment volumes were strong in Q2, and losses were reined in. The catch: They have to be willing to pay a fee of 1 percent.

Online and Mobile Banking 40

Online and Mobile Banking Payments Venmo Mobile Payments 40

PYMNTS

MAY 22, 2017

9, 2016, a surprise announcement by India’s Prime Minister Narendra Modi demonetized 500 and 1,000-rupee bank notes, essentially removing from circulation 86 percent of the country’s currency (in a heavily cash-reliant society). percent increase over the same period in 2016. On the night of Nov. billion, a 0.6 million to 6.3

Online and Mobile Banking 41

Online and Mobile Banking Digital Payments Settlement Non-Bank 41

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

FICO

MARCH 27, 2017

Four years ago, we at FICO started saying it’s time for banks to upgrade fraud protection in their retail banking departments. Are banks truly ready for same-day ACH? Are banks truly ready for same-day ACH? This exposes banks to fraudsters, who will quickly find and exploit the weakest link. How to fight back.

Same Day ACH 40

Same Day ACH ACH AI Online and Mobile Banking 40

PYMNTS

AUGUST 19, 2016

This could encourage the patronage of traditional consumers who are used to financial exchange through a bank or other service provider by easing the transition to digital transactions. According to The CoinTelegraph , in Japan, there has been a rise in the value amount of bitcoin trades since the first half of 2016. Regulation.

Bitcoin 44

Bitcoin Digital Currency Payment APIs and Integration Blockchain 44

PYMNTS

JULY 5, 2017

The movement toward digital and mobile, cashless payments is an immutable one, and Worldpay, as you might know, provides payment processing for online and brick-and-mortar transactions in more than 140 countries. And as reported in this space, payments volumes were up 80 percent year over year. company interested in Adyen.

Cross-Border 40

Cross-Border Online and Mobile Banking Volume Transactions 40

PYMNTS

OCTOBER 29, 2018

I’ve often written about this topic over the last several years, well before the 2016 election dominated the headlines about Facebook’s future as a content platform. There’s a big available market with a lot of room to grow that pie – after all, Amazon “only” has about 50 percent of the online commerce market , and the U.S.

Online and Mobile Banking 78

Online and Mobile Banking Payments PayPal Payment APIs and Integration 78

PYMNTS

NOVEMBER 26, 2019

PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities. One CU upgrading its mobile technology is SAFE Credit Union , which has more than $2.3

Credit Union 52

Credit Union On-Demand Push-to-Card Privacy 52

PYMNTS

OCTOBER 31, 2016

“They’ve been using online banking; they’ve been paying bills online. According to its 2016 Appification of Small Business Report , 68 percent of SMEs across the U.S., and Australia already use mobile- or web-based apps, which promotes automation and more efficient use of time, Intuit said.

B2C 77

B2C B2B Small Business PayPal 77

PYMNTS

JANUARY 26, 2017

Apple has surely managed to deliver a lot of hype with the launch of its mobile payments platform, but according to the numbers so far, it hasn’t really managed to deliver a hit. 2016, that figure had fallen to 22.4 For some of the card-issuing banks, we are able to distinguish payments made with Apple Pay from other payments.”.

Online and Mobile Banking 60

Online and Mobile Banking Transactions Credit Cards Mobile Payments 60

PYMNTS

JULY 22, 2016

But PayPal managed it pretty handily – because by all reasonable measures the second quarter of Q2 2016 was a very good time to be PayPal. That move is actually quite a bit bigger than the ability to tokenization payments credentials and enable physical POS payments via the mobile phone. Total payment volume last quarter was $86.2

PayPal 40

PayPal Issuers Online and Mobile Banking Volume 40

PYMNTS

OCTOBER 21, 2019

The Greatest Hits (And Misses) Of Capturing The Magic In Mobile Payments . Among the defining stories of the last decade of payments is the long-running struggle to ignite mobile payments. The name of that mobile wallet would have been CurrentC — would have been, but never came to be.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

PYMNTS

APRIL 30, 2020

Online transactions are more important than ever amid the coronavirus pandemic, which has consumers following stay-at-home directives and merchants shifting commerce online after temporarily closing their in-person operations. as consumers there tend to make 90 percent of their online purchases via this method.

Cross-Border 52

Cross-Border Credit Cards Payments Online and Mobile Banking 52

PYMNTS

APRIL 28, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. On mobile, attackers have already run into ransomware problems.

Ransomware 62

Ransomware End User Crime Authentication 62

PYMNTS

JUNE 20, 2016

At the start of the year, I wrote a piece that outlined six trends that I suggested would set the agenda for payments innovation and commerce reinvention in 2016. Mobile Apps Kill Countertop Checkout. Not surprisingly, many more QSRs have climbed on the mobile order ahead bandwagon and seen similar results.

Online and Mobile Banking 47

Online and Mobile Banking Payments Credential Faster Payments 47

PYMNTS

APRIL 28, 2016

“Competition drives a better outcome for the end user,” Scharf told Karen Webster during a fireside chat in front of the Innovation Project 2016 audience last month. Yet, mobile wallet usage in the physical store remains nascent – and consumers are still very much glued to their plastic cards. The Catalysts For Change?

Online and Mobile Banking 44

Online and Mobile Banking Push-to-Card Issuers Innovation 44

PYMNTS

APRIL 17, 2017

In 2014, Starbucks stopped accepting Square’s mobile wallet, and shortly thereafter, Square pulled the plug entirely on that mobile wallet experiment. That churn, and low volume, which also came with a big dose of chargebacks, raised red flags for many. After many fits and starts, Square pushed into an IPO in late 2015.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

SEPTEMBER 9, 2016

Braintree volume is growing explosively, and Venmo seems to have this miraculous ability to make the act of paying a social event that adds up to billions every quarter amongst those beloved millennials. The commerce world is changing and, as Webster noted earlier this week, may well have reached and passed its online inflection point.

PayPal 42

PayPal Issuers Online and Mobile Banking ACH 42

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4 billion by late 2022.

FinTech 125

FinTech Online and Mobile Banking Multi-Currency Non-Bank 125

PYMNTS

JULY 11, 2016

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. Pop quiz on this Monday morning, so grab your coffee and look alive.

Online and Mobile Banking 42

Online and Mobile Banking Credential Consumer Push-to-Card 42