PYMNTS

DECEMBER 3, 2018

Luckily and perhaps unsurprisingly, in a world where everything can be bought on demand, Christmas decorations are no exception. In 2018, that business will serve about 40 customers between Thanksgiving and Christmas — helped by a work crew of 10 part-time elves. The average high price consumers pay is around $5,000.

On-Demand 58

On-Demand Laws Consumer Innovation 58

PYMNTS

JULY 18, 2018

Online, in stores and at the many multichannel spots in between, furniture shopping is one of those experiences that consumers greatly enjoy the fruits of, but not so much the process behind it. It was clear there was a big demand for a brand that could deliver a better sofa and customization experience. ”

On-Demand 40

On-Demand Process Consumer Product 40

PYMNTS

DECEMBER 28, 2018

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. Consumers also were interested in investing in new fashion trends. Consumer Experience.

Visa 62

Visa Consumer On-Demand Shutdown 62

PYMNTS

FEBRUARY 6, 2020

The busy business of home DNA facing its first major test, as consumer demand for the products is beginning to dim. Despite the fact that the firm is still helping “millions of people learn more about themselves by connecting them to their past” via consumer genomics, she wrote, the last year-and-a-half has seen a change in the market.

Privacy 67

Privacy Consumer Database On-Demand 67

PYMNTS

MARCH 13, 2019

Whether its receiving loans from their financial institutions (FIs), getting rebates from merchants or receiving on-demand payments, consumers want more options in how they receive their disbursements. When it comes to receiving disbursements, there is a growing gap between what consumers want and what they get, the Index highlighted.

Direct Deposit 54

Direct Deposit Consumer Instant Payments On-Demand 54

PYMNTS

DECEMBER 26, 2018

The following piece was written by Rob Eleveld, CEO of Whitepages Pro , as a contribution to our 2018 year-end eBook. . Payments 2018 was a year of accelerated disruption. The proliferation of these platforms has made it easy for money to be transferred among peers, consumers and businesses, both domestically and globally.

Verification 59

Verification Wire Transfer Online and Mobile Banking Cross-Border 59

PYMNTS

NOVEMBER 30, 2018

The world of work is different, the world of play is different – and what consumers want and expect from interactions of all sorts is almost entirely transformed. And with devices getting smarter – and consumers increasingly interested in intelligent machines – those connections seem set to be closer and more myriad.

On-Demand 51

On-Demand CFPB Consumer Payments Data 51

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping. Meituan Dianping.

Online and Mobile Banking 70

Online and Mobile Banking Acquirers On-Demand Security 70

Fintech Finance

JULY 30, 2024

Since its launch in 2018, the adoption of Open Banking payments has also grown among lenders, building societies, and credit unions, with 42%, 17%, and 11% of these businesses respectively listing it on their websites. Offering a variety of quick, frictionless payment options is crucial.

Research 97

Research Continuity FinTech Cross-Border Payments 97

Clearly Payments

SEPTEMBER 16, 2024

As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. This method is commonly used for everyday transactions, offering speed and convenience for both consumers and merchants. billion in 2018 to 18.3 In Canada and the U.S.,

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

The Fintech Times

AUGUST 2, 2024

Since its launch in 2018, the adoption of open banking payments has also grown. Despite this, a recent survey carried out by Access PaySuite found that consumers revealed a mixed picture when it comes to adoption and attitudes towards open banking payments, also known as pay-by-bank.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Credit Union On-Demand 64

PYMNTS

JANUARY 24, 2019

Smartphone sales may be slowing, but the apps that consumers like to download and use on those phones are getting plenty of attention — quite literally. Consumers spend, on average, three hours of their day (or a month and a half of their year) using their mobile devices, during which time they download some 194 billion phone apps.

On-Demand 55

On-Demand Consumer Continuity Accounts 55

PYMNTS

JANUARY 30, 2020

percent increase in 2018 and 2.4 consumer, long the engine of growth for the economy (at about two thirds of the overall economy), continued to spend through the end of the year. Businesses typically invest when they see demand on the horizon. percent, as compared to the 2.9 percent rate in 2017.

Consumer 57

Consumer Cross-Border Economy On-Demand 57

FICO

OCTOBER 10, 2022

FICO Fact: Can having no credit score be better for consumers than a low credit score? A low FICO score for a consumer can have the perverse effect of preventing them from having access to a second chance through manual underwriting. Axios recently spoke on the demand to issue out more credit scores. JessicaButalla@fico.com.

Consumer 52

Consumer Underwriting Credit Risk Risk Assessment 52

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. The adoption of account data services has lagged behind Open Banking payments, whilst the number of Open Banking use cases is limited and it has not yet entered daily or weekly usage for most consumers and businesses.

Use Case 130

Use Case API Fraud Prevention Risk 130

PYMNTS

AUGUST 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. As of early 2018, U.S. BB&T is expecting to see loan growth between 2 to 4 percent in 2018. 19 interview with Bloomberg Television. Bancorp said.

Small Business 40

Small Business Debit Card Underwriting On-Demand 40

PYMNTS

NOVEMBER 11, 2019

The California Consumer Privacy Act (CCPA) gives consumers in California the right to access any and all personal data that a company has on them and request that it be deleted and not sold. Companies who fail to meet those demands will be subject to fines equating to $750 per affected consumer.

Privacy 43

Privacy Consumer CCPA Laws 43

Fintech Finance

SEPTEMBER 11, 2024

Regulations have also played a crucial role in driving innovation and ensuring consumer protection. Open finance in early stages of adoption globally A major catalyst for transformation, since the launch of the World Payments Report in 2004, has been Europe’s 2018 Payment Services Directive (PSD2) regulation.

Instant Payments 98

Instant Payments Accounts Innovation Non-Bank 98

Finovate

MAY 13, 2024

billion, the lowest level since 2018. Q1 2024 was also the first time since 2018 that there were no “mega-round deals” – investments of $100 million or more. With regards to the state of insurtech, there is still a great deal of hesitation among investors.

AI 119

AI Federal Reserve Underwriting Risk 119

PYMNTS

JUNE 25, 2018

Are consumers shifting the way they make direct payments to billers? online bill payments made by consumers in 2016 were conducted via biller-direct sites — up from 62 percent in 2010. Another recent report supports the notion that directly billing consumers without relying on banks is gaining ground. The news peg?

Same Day ACH 43

Same Day ACH Consumer ACH NACHA 43

PYMNTS

SEPTEMBER 18, 2018

The bulk of that spending took place at brick-and-mortar grocery stores and supermarkets, but all of that is changing as consumers turn to digital channels. In fact, online grocery sales are projected to have a 13 percent annual growth rate in 2018, with online grocery sales projected to reach $100 billion by 2025.

Consumer 64

Consumer On-Demand Addressing Checks 64

PYMNTS

FEBRUARY 23, 2018

The firm estimated that around one quarter of the Apple Watch sales in the fourth quarter of last year were the Apple Watch that has built-in cellular, enabling consumers to make payments and phone calls. “It’s That’s according to CCS Insight – in a new report on Thursday (Feb.

Research 40

Research On-Demand Product Security 40

PYMNTS

NOVEMBER 15, 2018

percent of teen’s wish lists, with the top four consumer brands being the iPhone, Apple Watch, MacBooks and Airpods. It’s no surprise that V-bucks are in such high demand; the video game has grossed more than $300 million on Apple’s iOS since it was launched on that system in March. The top item on U.S. The figure marks a 4.1

On-Demand 49

On-Demand Consumer Accounts Continuity 49

PYMNTS

FEBRUARY 14, 2019

With all sorts of digital services at their fingertips, consumers are looking for convenience when they purchase products or services. Consumers, for instance, are swapping their cable channels for digital streaming subscriptions or using rideshares instead of public transportation services. Netflix, for instance, added 6.4

Consumer 51

Consumer Cross-Border Payments Venmo 51

PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

PayPal 40

PayPal Zelle Online and Mobile Banking P2P 40

PYMNTS

AUGUST 20, 2020

Uber Health was launched in 2018 to provide medical transportation services. This will be accomplished through a partnership with NimbleRx , an on-demand prescription delivery program. “With COVID-19 cases still on the rise across the U.S., million people.

On-Demand 92

On-Demand Accounts Product Consumer 92

Finovate

MAY 14, 2024

Napier AI made its Finovate debut at FinovateEurope 2018 in London. Salt Bank sought out Napier AI’s technology to ensure that it is able to keep pace with evolving money laundering, terrorist financing, and fraud risks on the one hand, and consumer demand for a seamless digital experience on the other.

AI 59

AI Transactions Financial Crimes Crime 59

PYMNTS

JUNE 4, 2018

Reports of her 2018 internet trends presentation have been hard to avoid in recent days, and not every Meeker observation rises to the level of news or wisdom. Chinese merchants are quickly changing or reinforcing how commerce takes place online and over mobile devices, and in tandem with in-person consumer activity. Take privacy.

AI 44

AI Privacy Economy On-Demand 44

Fintech Finance

MAY 30, 2024

Trustly , the global market leader in open banking payments, today releases its annual report for 2023 demonstrating robust growth and a significant increase in demand for its account-to-account technology. Change is on the horizon, and Trustly is at the forefront, ready to lead the charge.”

Innovation 52

Innovation Fraud Prevention On-Demand Volume 52

PYMNTS

JULY 22, 2020

A 2018 Ipsos study found that 25 percent of people have abandoned a transaction because their preferred payments provider wasn’t available,” said Jim Magats , senior vice president, omni payments, PayPal. Consumers also want the flexibility to be able to pay when they want. But now, consumers are demanding these flexible options.

Alternative Payment Methods 97

Alternative Payment Methods PayPal On-Demand Transactions 97

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. More than two-thirds of consumers (68.1 Among consumers, instant payments accounted for a little more than one in 10 of those disbursements (14 percent). percent as of 2018.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

Finovate

AUGUST 13, 2024

“This integration will unlock new use cases like on-demand entity resolution, enabling AI-driven automations and insights to streamline case investigations.” This ability to manage and streamline tedious and time-consuming tasks enables compliance professionals to focus their decision-making on more complex issues.

Financial Crimes 59

Financial Crimes Crime Compliance AI 59

PYMNTS

JULY 2, 2018

Always on, too, and always in demand. It’s not just consumers going mobile. Change happens at the speed of, well, if not light, then sound. The information deluge is constant. Commerce is constant. Payments and financial services? There’s no such thing as “bankers’ hours” anymore. It’s all of this — and, of course, a lot more.

Payments 54

Payments Innovation Assessments Blockchain 54

PYMNTS

NOVEMBER 8, 2019

Thanks to smartphones equipped with facial and fingerprint recognition for security, many consumers now have up close and personal experience with newer forms of digital ID. Consumer Privacy Sentiment Depends on the Industry. Consumers are more amenable to giving up a little privacy for convenience, but only so much.

Privacy 48

Privacy Consumer Innovation Visa 48

Fintech News

JANUARY 7, 2024

But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for payment solutions, a new report by Emerging Payments Association Asia (EPAA) says. year-over-year (YoY), reaching 10.3

Financial Inclusion 116

Financial Inclusion Innovation Payments NOV 116

PYMNTS

MARCH 10, 2020

Consumer demand for digitized services has been expanding rapidly. . Since the very beginning, Alipay’s success has always depended on the success of our partners, and that is why we believe the only way to best serve consumers is to open up our platform further, so service providers can better tap into consumer demands,” Simon said.

On-Demand 99

On-Demand Service Provider Legal Consumer 99

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 trillion in 2018. Only 26 percent of all consumer purchases in the U.S. are made with cash , for example, and 63 percent of consumers have at least two credit cards. billion noncash payments totaling $97.04

Regulations 98

Regulations B2B Instant Payments Payments 98