PYMNTS

NOVEMBER 13, 2017

Alibaba Group Holding, the Chinese eCommerce giant, saw gross merchandise volume of $25.3 What’s more, 90 percent of the total gross merchandise volume for the 24-hour shopping event was settled through the company’s mobile payment unit, Alipay. 140,000 brands and merchants participated, with Alipay processing 1.48

Volume 49

Volume Participant Process Mobile Payments 49

The Fintech Times

OCTOBER 25, 2024

The country’s journey from a cash-dominated economy to a digital leader began to take shape in 2016, a pivotal year for India’s financial arena. In 2016, two key events changed India’s approach to digital finance. The second event was the government’s sudden demonetisation of the 1,000 and 500 rupee notes in November 2016.

Digital Payments 57

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 57

The Paypers

FEBRUARY 20, 2017

(The Paypers) MyBank looks back on a successful year 2016, which saw a continued steady growth of the e-authorisation solution across Europe.

Volume 28

Volume Transactions Continuity 28

PYMNTS

SEPTEMBER 23, 2016

There’s been a dearth of IPOs this year — so much so that 2016 will go down as a banner year of less than plenty for investment bankers who rely on fees from this corner of the market, depressed as it is to a multi-decade low. The Wall Street Journal reported on Thursday (Sept.

Adjustments 69

Adjustments Volume 69

PYMNTS

JULY 21, 2017

The company saw what management deemed encouraging trends in transaction volumes, which helped push earnings per share to $0.86, better than consensus by five pennies. The headline numbers show that payments volume globally, which excluded the impact of currency fluctuations, were up 38 percentage points to $1.7 trillion.

Volume 42

Volume Cross-Border Push-to-Card Payments 42

PYMNTS

JANUARY 26, 2017

I am proud of all that we’ve accomplished in 2016 and look forward to working with our world-class clients and partners to transform retail financing in the year ahead.”. According to Vyze, the company doubled its financing volume in 2016, with repeat purchases accounting for nearly half of the gain.

Volume 40

Volume Finance On-Demand Consumer 40

PYMNTS

NOVEMBER 9, 2017

8), notching growth in both payments volume and services revenue that came in ahead of analyst expectations. Square’s gross payment volume (GPV) was $17.4 billion forecast and a 31 percent increase over Q3 2016. billion: Square’s gross payment volume for Q3 2017. $2 But shares were still down 1.3

Volume 49

Volume Payments NOV Adjustments 49

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 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

PYMNTS

JULY 15, 2016

The growth in Chinese ports has hit its lowest level in seven years so far in 2016, according to a report from Alphaliner. All in, traffic in China’s ports is at its lowest level sine 2009, when cargo volumes fell by 4.6 The falling port volumes go with a trend of declining speed in the Chinese economic engine.

Volume 40

Volume Consumer 40

PYMNTS

MAY 6, 2016

That shortfall indicates that transaction volumes have been ramping up well (and, after all, gross payment volume was up 45 percent in the quarter, year over year), but that costs have more than kept pace, all in, up 72 percent overall. per share on $379 million in revenues, up 51 percent, compared to the $0.09

Volume 40

Volume Payments Disputes CHIPS 40

PYMNTS

AUGUST 3, 2018

are pressing past threats looming from Brexit and increasing their global trade volumes. Researchers calculated a nearly 25 percent increase in average cross-border transfer values for SMBs compared to 2016 data. New data from WorldFirst shows small businesses (SMBs) in the U.K. The data, published Thursday (Aug.

Volume 40

Volume Cross-Border Small Business Mitigation 40

PYMNTS

OCTOBER 27, 2016

Cyber Monday will mark PayPal’s top shopping day of the year, with more than $25,000 in total payment volume (TPV) per second at peak of Cyber Monday. Smartphone shopping isn’t just for stocking stuffers, however; PayPal predicts the largest holiday transaction on mobile will cost more than $64,000.

PayPal 65

PayPal Volume Mobile Payments Transactions 65

The Paypers

MAY 26, 2016

(The Paypers) 2016 True Cost of Fraud report has revealed that the volume of fraud has risen sharply in 2016, while the level of fraud as a percentage of revenues inched upward from 1.32% to 1.47%.

Volume 28

Volume Transactions 28

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. 2016 was the year 3-D Secure, specifically 3-D Secure 2.0, Today the vision is clear.

Payments 49

Payments Authentication Issuers Innovation 49

The Paypers

MARCH 1, 2017

(The Paypers) Trustly , the Swedish fintech company, processed a total payment volume of EUR 3.2 billion in 2016, now reaching an accumulated processed payment volumes of EUR 6.5 billion since the company was founded in 2008.

Process 28

Process Volume Payments FinTech 28

Payments Dive

JANUARY 17, 2017

In this report, we give an overview of 3 countries of each region (Asia Pacific, Latin America, Middle East & Africa, Western Europe and Central & Eastern Europe) that had the biggest growth in direct carrier billing transaction volume.

Volume 60

Volume Transactions 60

PYMNTS

MAY 8, 2017

billion from October of 2013 through December of 2016. billion from October of 2013 through May of 2016, showing a big increase in attempts in the last seven months of 2016. This is not a volume play; it’s a carefully researched play,” he told Reuters. The schemes are known as business email compromises.

FBI 41

FBI Wires Wire Email Compromise 41

PYMNTS

JANUARY 5, 2017

Unicorns had some fluttering of wings into the end of 2016, more a soft rustling than might be termed full flight. Perhaps the decision to pull the trigger may speak, or whisper, volumes about the state of the markets as viewed by executives looking to bring their firms public. What’s the one thing unicorn watchers watch for the most?

Volume 40

Volume Mobile Payments Payments 40

Fintech News

FEBRUARY 26, 2024

The company also reported a 50% increase in its loan disbursement volume for the year, alongside achieving operational profitability by December 2023. In 2023, JULO saw a 73% rise in its revenue and disbursed over US$454 million in loans, totaling approximately US$1 billion in disbursements since its inception in 2016.

Underwriting 99

Underwriting Risk Management Credit Cards Volume 99

PYMNTS

NOVEMBER 24, 2016

So in honor of Thanksgiving 2016, with a big assist from the innovators who’ve helped us throughout the year with our new Matchmakers series, we decided to write the starter menu for innovators and matchmakers. The mental model has not changed; the means to do it have evolved and have become more sophisticated.

Alternative Payment Methods 66

Alternative Payment Methods Cross-Border Innovation Blockchain 66

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 Paypers

JANUARY 31, 2017

(The Paypers) PayPal processed a total of USD 31 billion in mobile payment volume in the fourth quarter of 2016, according to the company's latest financial report.

PayPal 28

PayPal Process Transactions Volume 28

The Paypers

APRIL 18, 2017

(The Paypers) According to new statistics, the ACH Network has reached an overall volume of 25.6 billion transactions în 2016.

ACH 28

ACH ACH Network Transactions Volume 28

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 83

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 83

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 77

Settlement Payments Use Case Volume 77

Fintech Finance

JULY 10, 2024

Since launching SketchMyCard, Papara has observed an increase in card orders, active users and transaction volumes. Established in 2016, Papara is a fast-growing fintech with over 20 million individual users.

Transactions 94

Transactions Volume FinTech Innovation 94

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

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. Currently, more than 92 per cent of Moneybox’s payment transaction volumes go through GoCardless.

Settlement 52

Settlement Use Case Volume Regulations 52

The Fintech Times

MAY 1, 2024

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. In fact, complaints about Payment Protection Insurance (PPI) heavily inflated the total number of complaints between 2016 and 2020. Meanwhile, home finance (up 3.7

Consumer Financial Protection Bureau (CFPB) 57

Consumer Financial Protection Bureau (CFPB) Volume Consumer On-Demand 57

Finovate

JUNE 26, 2024

Israel-based Earnix made its Finovate debut at FinovateSpring 2016. Headquartered in Tel Aviv, Israel, and founded in 2001, Earnix made its Finovate debut at FinovateSpring 2016. The partnership will help property and casualty insurers enhance the pricing, rating, and underwriting process, as well as increase policy personalization.

Underwriting 59

Underwriting Regulatory Compliance AI Consulting 59

Nanonets

NOVEMBER 18, 2024

Founded in 2016, Rossum has quickly become a major player in the document processing and automation space. Pricing overview Hyperscience offers custom pricing based on business needs, with solutions tailored for different volumes and complexity levels. per page with unlimited volume and community support. Ease of Setup 9.0

Automation 52

Automation Volume AI API 52

Clearly Payments

AUGUST 24, 2024

As of 2023, over 79% of debit card transactions in the United Kingdom were contactless, compared to just 7% in 2016. Similarly, Cash App reported a 41% year-over-year growth, with total transaction volume reaching $207 billion. In 2023, Venmo processed over $245 billion in transactions, a 32% increase from the previous year.

Debit Card 82

Debit Card P2P Cross-Border Central Bank 82

PYMNTS

JULY 20, 2016

We’re a few weeks away from the opening ceremonies of the 2016 Summer Olympic games, to be held, this time, in Rio de Janeiro, Brazil. For instance, with the sheer volume of people expected to flock to Rio, logistics is likely to be a nightmare, Peterson warned. “The Olympics are a global activity.”

Risk 41

Risk Cross-Border Due Diligence Faster Payments 41

The Fintech Times

JULY 7, 2024

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. Since its inception, the company has processed over $6billion in trading volume.

SARS 57

SARS Regulatory Compliance Volume Compliance 57

PYMNTS

APRIL 27, 2016

percent, with dollar sales volume also growing by 4.3 The commercial accounts on file grew by 9 percent year over year to 46.3 million at the end of the latest quarter. Commercial card single use also grew by 17.1 percent to nearly 76 million in the latest quarter. The merchant segment grew by 10.8

Commercial Card 40

Commercial Card Acquirers Adjustments Volume 40

Finovate

AUGUST 6, 2024

The company presented its technology at our event in Silicon Valley in 2016. In the years since then, the Oakland, California-based fintech has grown into a major, modern card issuing platform operating in 40 countries and processing more than $160 billion in volume in 2022.

Processors 59

Processors Issuers Credential ATM 59