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

CB Insights

MARCH 13, 2019

From gaming to healthcare to pizza delivery, US-based startups which reached unicorn status in 2018 represent a diverse range of industries. Silicon Valley produced plenty of $1B+ companies in 2018, but other parts of the country also had a strong showing. Check out our real-time Unicorn Tracker for a full list of $1B+ companies).

Online and Mobile Banking 77

Online and Mobile Banking Automation Payment APIs and Integration Technology 77

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

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

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

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

PYMNTS

NOVEMBER 12, 2020

Amazon’s prior official update was in April of 2018, when it reported more than 100 million members in the program. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct. consumers reported having a Walmart+ membership, just a bit more than a month after its launch. Amazon said on Thursday (Nov.

NOV 105

NOV Volume On-Demand Consumer 105

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

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. The consumer with a range of bank and other financial accounts spanning several firms can have all that data collected at a single point of access.

Consumer Financial Protection Bureau (CFPB) 114

Consumer Financial Protection Bureau (CFPB) Accreditation CFPB TCH 114

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

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

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. Phone number. Click to enlarge. .

FinTech 80

FinTech Debit Card Payment APIs and Integration Push-to-Card 80

PYMNTS

MARCH 23, 2018

But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Bank customers’ needs and demands of financial service providers are growing more sophisticated and complex. The pace of innovation focused on consumer experience is showing no signs of slowing down.

Innovation 74

Innovation Security Visa Online and Mobile Banking 74

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Debt from the previous holiday shopping season has made these younger consumers credit-shy, but it has not limited their appetite for holiday spending. How BNPL Solutions Can Help Cut Through The Holiday Buzz.

BNPL 87

BNPL Alternative Payment Methods Payments Credit Cards 87

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. The Changing Consumer. It is a warning that consumers have been increasingly taking to heart.

ATM 121

ATM Federal Reserve Push-to-Card Consumer 121

PYMNTS

MAY 22, 2020

a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, sources told Bloomberg News. As of 2018, Missfresh had $1.5 The demand for online groceries has become a factor in the U.S. Beijing’s Missfresh Ecommerce Co.,

Finance 83

Finance On-Demand Economy Consumer 83

Open Banking Excellence

SEPTEMBER 27, 2024

FinTech in Mexico Mexico introduced the Fintech Law in March 2018 as a response to the remarkable 50% growth in the number of fintech firms in the preceding two years. A key strategy has been fostering dialogue among diverse stakeholders, including government entities, financial institutions, fintech companies, and consumer advocacy groups.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

PYMNTS

DECEMBER 8, 2020

The surge in automotive online purchasing traffic sparked by the pandemic has led to increased demand for eCommerce. American Honda has worked with Modal, formerly Drive Motors, since late 2018 to create branded online buying tools for Honda and Acura. Modal delivers the best consumer experience, which is what sets it apart.

Finance 101

Finance Facilitators On-Demand Participant 101

Neopay

NOVEMBER 25, 2024

The UK’s financial ecosystem is evolving rapidly, and with it comes the need for robust safeguarding measures to protect consumer funds. These changes aim to address persistent issues in safeguarding practices and enhance consumer protection. This ensures clear prioritisation and protection of consumer funds during insolvency.

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. This rise underscores credit cards’ central role in consumer spending, spurred by rewards programs and convenience factors.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

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 84

Research Continuity FinTech Cross-Border Payments 84

PYMNTS

NOVEMBER 10, 2020

Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We Another example of AR working in a retail application can be seen at the direct-to-consumer (D2C) sunglasses retailer goodr. Some of those questions are: How big is it? How does it work on me?

Technology 104

Technology On-Demand Use Case Product 104

PYMNTS

OCTOBER 23, 2020

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season. Barbie gross sales rose 29 percent in Q3, to $532.2

On-Demand 86

On-Demand Returns Consumer 86

PYMNTS

NOVEMBER 27, 2020

Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Friction points that once proved to be minor nuisances have become legitimate financial challenges, especially for consumers and smaller businesses.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

The Fintech Times

DECEMBER 21, 2024

Paymob , the financial services enabler in the Middle East and North Africa (MENA), now enables consumers to use Apple Pay to make purchases in-store, in-app and online, following the recent launch of the payment method in Egypt. With Apple Pay now available, merchants have access to a solution loved by consumers globally.

Security 59

Security Central Bank Economy On-Demand 59

Fintech Finance

NOVEMBER 21, 2024

The report also uncovered the challenge many consumers face with using retail credit at Christmas, with 64% of people struggling to repay it, suggesting that many enter the New Year burdened by new debt. The good news is that since 2018, accessing customer’s financial data has been dramatically simplified.

Credit Cards 75

Credit Cards Assessments On-Demand Rules 75

PYMNTS

AUGUST 10, 2020

trillion in 2018, marking a $10.25 Consumer demand for real-time payments is the most popular, with 77 percent of institutions citing this as a primary factor. Customers Demand Faster And More Convenient Payments. Businesses are struggling to meet this demand, however, with nearly half of the $1.9 Reducing Costs.

Direct Deposit 89

Direct Deposit Venmo Non-Bank Payments 89

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Yet the trend isn’t without its complications.

Small Business 76

Small Business Non-Bank Treasury On-Demand 76

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions. Building Trust .

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

NOVEMBER 13, 2019

As part of Nike’s focus on elevating consumer experiences through more direct, personal relationships, we have made the decision to complete our current pilot with Amazon Retail,” the company said in a statement to Bloomberg. “We For many years, Nike opted out of an Amazon partnership due to concerns that it would weaken the brand.

Product 81

Product NOV On-Demand Continuity 81

PYMNTS

MAY 7, 2020

That’s Visa Senior Vice President and Global Head of FinTech Terry Angelos reflecting on the impact of the rapid shift to digital for consumers and businesses around the globe who en masse began living many aspects of their personal and business lives in a mostly digital world — literally all at once, overnight. In the U.S.,

FinTech 95

FinTech Multi-Currency Cross-Border Credential 95

PYMNTS

APRIL 29, 2019

In 2018, it took longer to bring new features to market than in prior years. percent of those surveyed, it took seven to 12 months to launch innovations in 2018, compared to 33.3 In 2018, IT infrastructure was cited as the biggest barrier to innovation (37.8 When asked, this drive to innovate appeared to be consumer-driven — 68.2

Credit Union 77

Credit Union FinTech Community Banks Innovation 77

PYMNTS

JANUARY 17, 2021

It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps as BMW and Audi are pulling back on their programs. According to Kelley Blue Book , the Audi Select program was tested in the Dallas-Fort Worth metro area beginning in 2018.

On-Demand 81

On-Demand Shutdown Consumer Finance 81

PYMNTS

JANUARY 23, 2019

Another one has bitten the dust when it comes to providing the vital last-mile delivery service for online consumers (especially the hungry ones). Uber Eats has continued to add more consumer options to its expanding portfolio, this time with Starbucks. Consumer Demands. Power Of Scale. Future Moves.

On-Demand 72

On-Demand Consumer Use Case Technology 72

PYMNTS

AUGUST 14, 2020

Especially operations within the last several months as eCommerce demands for groceries, medication and other medical technology like COVID-19 tests have suddenly skyrocketed and business of all kinds have scrambled to upgrade and improve their shipping operations as much possible. Keeping A (Plastic Foam-Free) Lid On Prices.

On-Demand 102

On-Demand Process Origination Product 102

PYMNTS

MARCH 4, 2019

A recent report from the Financial Times offers one of the better descriptions of the project, meant to ease certain pressures on the South African healthcare system and provide more options for consumers to get the medication they need without having to take too much time off work or waste time traveling to, and waiting inside, doctors’ offices.

ATM 93

ATM On-Demand Consumer Consulting 93