PYMNTS

NOVEMBER 4, 2020

Commercial payments technology firm FLEETCOR is reportedly looking to continue its merger and acquisition spree, reinvigorated by the pandemic that has accelerated the digitization of B2B payments. Dubbed Instant Payouts, the solution is designed to support businesses' cash flow, Brex said. FLEETCOR Preps For M&A Spree.

Continuity 64

Continuity Innovation Commercial Card B2B 64

PYMNTS

NOVEMBER 16, 2018

16) that the practice still fell in popularity in 2017. percent in 2017 per the flow of SWIFT interbank payment messages. percent cumulatively from the beginning of 2011 to the conclusion of 2017. Even with efforts to stem the decline in correspondent banking, The Financial Stability Board (FSB) noted on Friday (Nov.

Correspondent Bank 76

Correspondent Bank Correspondent Regulations Money Laundering 76

PYMNTS

JANUARY 10, 2020

economy continues its upward trajectory with 145,000 jobs added in December. Retail locations added 41,200 jobs, which is the biggest jump in that sector since January 2017. This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal.

Continuity 52

Continuity Payroll Economy 52

PYMNTS

FEBRUARY 10, 2017

The outlook isn’t stellar either, as Moody’s projects the sales decline for department stores to continue into continue in 2017. But leaner inventory levels and other efforts to boost earnings don’t appear to be sufficient, and as a result, we have lowered our 2016 forecast and become more cautious on 2017.”.

Origination 46

Origination Returns Continuity Research 46

FICO

NOVEMBER 30, 2016

Suffice it to say that in 2017, I believe that analytics, and the many domains it influences, will be a non-stop hit machine in terms of generating news headlines and ideas that fascinate us. In light of the recent Dyn attack , will 2017 be the year that your IoT device will turn on you? Cheers to 2017! million hits.

AI 108

AI Compromise Risk Assessment Assessments 108

PYMNTS

DECEMBER 11, 2018

Bitcoin, the world’s best-known cryptocurrency, continued its downward slide on Tuesday (Dec. If the ubiquitous digital currency continues its slide to below $3,220, that would be its lowest level since Sept. 17, 2017, when it dropped below $3,000. 17, 2017, when it dropped below $3,000. percent since end of day Monday.

Bitcoin 67

Bitcoin Continuity Cryptocurrency Ubiquitous 67

PYMNTS

NOVEMBER 19, 2018

The bitcoin bust continued Monday (Nov. Bitcoin futures also hit their lowest levels since their introduction in December 2017, with Bitcoin CME November futures down to $4,855 and bitcoin contracts on the CBOE down at $4,878.10,” reads one report from Monday. How low can bitcoin go?

Bitcoin 69

Bitcoin Continuity Cryptocurrency NOV 69

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2 GDPR Fines Loom.

Regulations 68

Regulations Privacy Reporting Requirements Laws 68

PYMNTS

DECEMBER 29, 2017

Here are seven developments in 2017 and a forecast of whether or not they will have a lasting impact. Unquestionably, 2017 was one of the most challenging ever in North America due to several natural disasters, which included several powerful hurricanes severely impacting the Caribbean and southern United States. Unplugging.

Economy 49

Economy On-Demand Continuity Regulations 49

Finovate

SEPTEMBER 10, 2024

We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond.

Deepfake 111

Deepfake Innovation Advisors Risk Management 111

Fintech News

OCTOBER 9, 2024

Alchemy Pay continues to expand its virtual card capabilities, aiming to support additional digital payment platforms in the future and ensuring full integration with key card networks like Visa, Mastercard, and American Express.

Cryptocurrency 104

Cryptocurrency Visa Card Services Digital Payments 104

PYMNTS

JANUARY 3, 2017

In the retail space, experts say the chatbot may be one of the best things a merchant can add in 2017. Customer service chatbots will continue to improve — routine issues will be answered by first-responder bots, and teams will save time and resources by picking up the thread, as needed, for speedy resolution,” said Friedman of LiveWorld.

Bots 63

Bots Consumer Product Facilitators 63

PYMNTS

APRIL 11, 2018

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. The network saw an increase in all transactions for 2017, including a 5.6

ACH Network 44

ACH Network ACH Same Day ACH Transactions 44

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Second, global B2B transactions will continue to increase in frequency.”. Third, B2B payments in developing markets will outpace mature markets.”.

ISO 20022 50

ISO 20022 B2B Online and Mobile Banking ISOs 50

FICO

AUGUST 31, 2017

The latest data from the FICO ® Card Alert Service , which monitors hundreds of thousands of ATMs and other readers in the US, shows a 39 percent increase in the number of cards compromised at US ATMs and merchants in the first six months of 2017, compared to the same period in 2016. And follow my fraud commentary on Twitter @FraudBird.

Compromise 74

Compromise ATM Continuity Card Issuer 74

PYMNTS

JULY 24, 2017

In total between January 2017 and June, online retail sales accounted for 18 percent of China’s overall retail sales. As online sales continue to be a pervasive force in the global economy, it’s likely that we’ll continue to see an upward trajectory from various developed countries that have a focus on innovation and technology.

Economy 40

Economy Innovation Continuity Consumer 40

PYMNTS

MARCH 1, 2017

” Worse than the quarter of soft numbers – however – is the news that comes carried with them: i.e., that the rest of 2017 may not look all that much better for Target earnings. a share in 2017, a notable step-off from from $5.37 The retailer is predicting earnings of $3.80 a share Wall Street was looking for.

Consumer 51

Consumer Continuity Accounts 51

PYMNTS

FEBRUARY 21, 2018

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. million in the prior year, driven by the DCPayments and Spark acquisitions completed in January 2017. 2017 represented a dynamic and transitional year for Cardtronics. million from $309.8

ATM 40

ATM Continuity Consumer 40

PYMNTS

APRIL 5, 2018

The Apple App Store endured its first ever contraction in 2017 — dropping from 2.2 The App Store’s contraction was paired with the Google Play stores’ expansion — in 2017, it reportedly grew 30 percent to around 3.6 That clean-up began in 2016, but analysts suspect that purge may well have continued into 2017.

Continuity 46

Continuity 46

PYMNTS

NOVEMBER 2, 2020

Burkhard Ley, the financial chief of Wirecard from 2006 to 2017, was released from jail on bail after three months behind bars, Munich prosecutors said Monday (Nov. 2), according to FT.

Continuity 59

Continuity Processors NOV Crime 59

PYMNTS

MAY 5, 2017

are continuing to build on their gains from 2016. in Q1 2017. The Index predicts that by Q1 2017 establishment growth will remain stable at 2.1 percent by Q1 2017. The Index predicts that in Q1 2017, the growth in wages will again slow down to 3.9 points, has since been picking up steam. It rose to 117.6

Small Business 41

Small Business Business Continuity Continuity Economy 41

CB Insights

NOVEMBER 19, 2018

India’s tech startups raised nearly $10B in funding in 2017 — a record amount. And, in 2017, when the country hit a record of nearly $10B, deals dropped by 19.3%. In 2017, the companies considered unicorns at the time raised over $6B in funding. in 2017, including a $1.1B unicorns run rampant. Amount ($M).

Continuity 54

Continuity Acquirers Participant Economy 54

PYMNTS

AUGUST 10, 2020

HelloFresh went public in 2017, and its website says it offers wide options in budget, taste and dietary needs. The field of companies working in meal kits is getting large, but it’s an unknown as to whether or not consumers will keep buying them once they no longer have reservations about going out to eat again.

Continuity 60

Continuity Adjustments Consumer Product 60

FICO

DECEMBER 14, 2016

Let us move on to 2017. Put another way: There’s no way I won’t be swiping my payment card in 2017. And in 2017 I think we’ll see one that makes me say, “Wow!”. That’s one thing I won’t predict not continuing in 2017. The past year perhaps held no analytic surprise greater than the 2016 US Presidential election.

EMV 80

EMV FinTech Chip Cards Office of the Comptroller of the Currency 80

PYMNTS

DECEMBER 31, 2016

As PYMNTS puts away our party noisemakers until next year and throws out our novelty New Year eyeglasses, never to be worn again, we realize that the time is nigh — resolution season 2017 has begun! Here are our 2017 resolution recommendations for our favorite key players this time around. Until mid-February, at least. Oh, chatbots.

Compromise 43

Compromise Breach Security Data Breach 43

PYMNTS

MAY 26, 2017

As such, the retailer is looking to open up 100 new locations in 2017. She said “The Ulta Beauty team kicked off 2017 with excellent performance in the first quarter. Its shares also saw a six percent jump after the closing bell. Strong execution of our growth strategies delivered above plan sales and earnings growth.

Innovation 40

Innovation Transactions Continuity 40

Payments Source

JUNE 12, 2017

The 2017 MBO Partners State of Independence In America paints a positive picture of an independent workforce that is continuing to grow and mature.

Continuity 60

Continuity 60

PYMNTS

MARCH 24, 2017

But this could all start to see some change in the latter half of 2017 indicates a recent report from Moody’s Investor Service. But Moody’s anticipates domestic food prices to rise about 1 percent in 2017, taking a bit of pressure off supermarkets’ top line. This minority share will continue over the next five years.

Continuity 40

Continuity Accounts Product 40

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. 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.

Chip Cards 44

Chip Cards CHIPS EMV Contactless Payments 44

PYMNTS

NOVEMBER 29, 2016

billion in revenue for the company in 2017. The global financial firm expects that Google will sell between 5 million and 6 million Pixel phones in 2017. Though the Pixel didn’t contribute to their third-quarter results, the CEO mentioned the Pixel and AI Google Assistant as continued movement into new products.

AI 46

AI Continuity Product Payments 46

The Payments Association

MAY 21, 2024

The United Kingdom is at the forefront of the open banking revolution, initiated by the 2017 implementation of the Payment Services Regulations (PSRs) and PSD2. Open banking continues to transform the UK's financial landscape, promising more control and innovation opportunities in the financial sector. Read more

API 88

API Authorization Regulations Security 88

PYMNTS

JUNE 26, 2019

The challenges there come as kiosks and other forms of unattended retail continue to develop globally. More broadly, the report stated, “by the end of 2017, an estimated 200 or so unmanned convenience stores had sprouted up around the country. billion yuan ($620 million) in 2017 alone.”. Unattended Failure. Global Growth.

Continuity 43

Continuity CHIPS Technology Consumer 43

Fintech News

NOVEMBER 3, 2024

Founded in San Francisco in 2017, Anchorage Digital set up its Singapore branch in 2022 to strengthen its presence in Asia. As we continue to build the best global stack for institutions in crypto, we look forward to working with regulators and institutions in the region.”

On-Demand 76

On-Demand Settlement Regulations Payments Institute 76

CB Insights

FEBRUARY 28, 2017

This year through 2/28/2017, there … Continued. AI is important to the future of cybersecurity, although some experts don’t believe the tech will be a silver bullet. Nonetheless, recent acquisitions show the rising significance of this technology in the fight against cyber criminals.

Cybersecurity 51

Cybersecurity AI Acquirers Continuity 51

PYMNTS

JANUARY 9, 2018

Fitbit has announced that its base of active users grew to more than 25 million in 2017. Trackers will continue to be in demand and drive near-term sales, already comprising 39.8 It was also revealed that the Fitbit Charge 2 is the top-selling fitness tracker in the U.S., million units in sales.

On-Demand 43

On-Demand Continuity Product Consumer 43

PYMNTS

MAY 2, 2018

Reports in Reuters noted that its Q1 gross mortgage lending was less than it was in Q1 2017, however, though its credit card balances were up year over year. Our customer-focused strategy of growth, quality and returns continues to drive strong business performance,” said Virgin Money Chief Executive Jayne-Ann Gadhia in a statement.

Continuity 40

Continuity Small Business Deposit Account Credit Cards 40