The Paypers

DECEMBER 10, 2018

(The Paypers) Wirecard research has shown that the average UK consumer expects additional Christmas spending of GDP 148.70 during the 2018 festive season.

Research 28

Research Consumer 28

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Outside the US: 44% of the 2018 Fintech 250 are based outside the US. Please click to enlarge.

FinTech 78

FinTech Mobile Banking Compliance Blockchain 78

PYMNTS

JULY 2, 2019

In a reported leak of billions of user records in a smart home data breach, researchers have found that a database that belongs to Chinese firm Orvibo has been left open without a password for protection. The research found that shoppers worldwide bought 663 million smart home devices in 2017 and that number is said to rise in 2023 to 1.94

Data Breach 59

Data Breach Breach Research Database 59

PYMNTS

MARCH 5, 2019

million in 2018, according to a press release from the company. Also troubling is the fact that the number of unique malware files has decreased, which has researchers worried that the quality of malware continues to increase, becoming more precise and impactful. million in 2017 to 116.5 This type of malware went from 8.6

Ransomware 55

Ransomware Cybersecurity Blocks Security 55

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018. stake in the company in February 2018. The hardware startup released its first GC2 chip in 2018.

CHIPS 76

CHIPS Cybersecurity Debit Card Governance 76

PYMNTS

FEBRUARY 4, 2019

When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. For one thing, the portion of consumers who fell behind on bill payments went way up, increasing from 30.7 percent in Q2 2018 to as much as 41.2 percent in Q3 2018. So, what’s behind this feel-good factor?

Credit Cards 51

Credit Cards Push-to-Card Consumer Finance 51

PYMNTS

JULY 25, 2019

According to the report, The Evolution of New Account Fraud , produced by Javelin Strategy & Research , NAF tactics have shifted with the growing popularity of online accounts and payments. million consumers in 2018. Fraud has also migrated, finding less conventional targets, such as loan products, as prime NAF candidates.”.

Accounts 59

Accounts Online and Mobile Banking Enrollments Issuers 59

FICO

DECEMBER 18, 2017

Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks. In 2018, I predict that the awareness and usage of enterprise cyber scores will skyrocket. We’ll See Our First Biometrics Hack in 2018. The reality is, two-factor authentication is extremely effective.

Cybersecurity 73

Cybersecurity Authentication Credential Ubiquitous 73

PYMNTS

APRIL 24, 2019

Consumers tend to overestimate their financial literacy, according to a survey by research provider Raddon ; 44 percent said they were “very” or “extremely” literate, but when given a financial quiz only 6 percent scored an “A.” In Q3 2018, 28.0 Most consumers (52.3 percent in Q1 2018. percent in Q1 2018.

Financial Literacy 68

Financial Literacy Consumer Credit Cards Finance 68

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

AUGUST 15, 2019

With innovations in wearable technology, researchers in Singapore have created “smart” clothing. He oversaw a team of 10 researchers that created the technology during the period of a year. percent increase from 2018, per the International Data Corporation (IDC). million units during the first quarter of this year, a 55.2

Research 40

Research Innovation Technology Continuity 40

FICO

OCTOBER 1, 2018

Companies that are achieving outstanding results using analytics and decision management solutions from FICO are invited to submit nominations for the 2018 FICO® Decisions Awards. This year’s judges are: Sid Dash , research director at Chartis for risk management analytics. Tanya Andreasyan , editor at Banking Technology.

Regulatory Compliance 40

Regulatory Compliance Best Practices Financial Inclusion AI 40

FICO

JANUARY 8, 2019

FICO Score hitting a new high in 2018 or the use of machine learning to challenge the score - dominated reader interest on the Risk & Compliance blog in 2018. Consumers can then track their progress to their goal or modify their goals along their way. Banking Innovation: Why 2018 is the Year it Puts on its Overalls - FICO.

Compliance 40

Compliance Posting Risk Risk Assessment 40

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.

Online and Mobile Banking 70

Online and Mobile Banking Acquirers On-Demand Security 70

PYMNTS

JANUARY 21, 2019

Less money coming in means less spending at businesses that rely on consumers for revenue, like restaurants, retailers and those in the service industry. The Economic Advisory Committee of the American Bankers Association is predicting that consumer spending in Q4 will fall to a growth rate of 2.2 percent, down from 2.9

Consumer 51

Consumer Small Business Economy Payroll 51

CB Insights

JANUARY 3, 2019

2018 was a huge year for the cannabis industry. The cannabis landscape is experiencing new innovations in healthcare, agriculture, and consumer product goods. Here’s What It Accomplished In 2018. appeared first on CB Insights Research. In fact, global funding to cannabis companies reached nearly $2.2B

Research 49

Research Posting Innovation Product 49

FICO

JANUARY 31, 2019

FICO's research team explored this topic in a new paper, “Developing Transparent Credit Risk Scorecards More Effectively: An Explainable Artificial Intelligence Approach”. We presented this at the Data Analytics 2018 event organized by IARIA/Think Mind, where it won the Best Paper Award. We concluded that unleashing pure (i.e.,

Research 40

Research AI Federal Reserve Credit Risk 40

PYMNTS

MARCH 6, 2019

“The Series 4 has been off to a very strong start, and IDC anticipates this to continue as more healthcare organizations and consumers adopt the latest device. Xiaomi’s Mi Band 3 accounted for over 30 percent of all wrist bands shipped during Q4 2018. Apple Watches comprised nearly half of that market. percent share.

Returns 46

Returns Continuity Accounts Research 46

PYMNTS

NOVEMBER 4, 2019

Consumers have a bad case of app fatigue. There was a time when consumers were eager to download and experiment with apps that could offer new, unique connected shopping experiences, but that time seems to have come to an end. The Just Connect To Pay Brief delves deep into the data we collected during the course of our research.

Consumer 43

Consumer Use Case Volume Participant 43

Fintech News

AUGUST 12, 2024

The company leads the consumer finance market with over 21,000 points of sale, 16,000 employees, and more than 12 million customers. Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. The platform has served over 14 million users and offers more than 100 convenient services.

FinTech 111

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 111

PYMNTS

AUGUST 13, 2018

NRF Increases Sales Forecast For 2018. The CEO of global cards and consumer services will leave the bank as part of executive reshuffling, as Citigroup is overhauling the executives in its global consumer banking businesses. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8 percent to 4.4

Scams 40

Scams Cryptocurrency Blockchain Research 40

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 The research firm noted that not only traditional watchmakers are feeling the pain from Apple.

Research 40

Research On-Demand Product Security 40

Accertify

AUGUST 16, 2024

Chargebacks are generated when consumers are confused by payments, forget auto-renewals, or suffer genuine fraud in the form of account takeover attacks. The growing threat of chargebacks A chargeback happens when a consumer asks their bank to cancel a payment to a merchant. billion in 2018 to an estimated $1.4

Identity Theft 52

Identity Theft Disputes Account Takeovers Research 52

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. Despite there being some variety of “Pay” for every day of the week, none have garnered even a 10 percent usage rate among consumers. It hasn’t been easy. percent to be exact). “It

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

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

The Fintech Times

APRIL 27, 2024

However, as things stand, this could be hidden away on their websites, which could easily be missed by consumers. We will likely see further regulatory change in the future, so businesses must remain vigilant to ensure they maintain compliance and protect consumers.”

API 124

API Cybersecurity Authentication Security 124

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

MARCH 20, 2019

Our research demonstrates that most FIs of all shapes and sizes — not just Top Performers — prefer to take innovation slow. percent said they did so to help meet their consumers’ changing expectations. Among the FIs that tend to release their innovations shortly after observing market trends, 81.3 For this, they can hardly be blamed.

Credit Cards 64

Credit Cards Credit Union Innovation Community Banks 64

FICO

APRIL 29, 2022

There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. Other changes are centered on the challenges of bank and ATM closures limiting consumer access to cash. With any change, fraud comes hand-in-hand.

Retail Payments 52

Retail Payments Zelle Romance Scams Consumer 52

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. We agree with consumer advocates that this is a legitimate concern. JessicaButalla@fico.com.

Consumer 52

Consumer Underwriting Credit Risk Risk Assessment 52

PYMNTS

MAY 22, 2019

Mobile commerce has become part of the daily routine for many consumers — who are not just using devices to shop on the go, but also in-store and for a variety of product categories. In the study, nearly half (48 percent) of consumers who own smartphones use them while shopping in stores. In Q1 2019, nearly half of consumers (46.4

Consumer 71

Consumer PayPal Mobile Payments Debit Card 71

Fintech Finance

SEPTEMBER 11, 2024

The Capgemini Research Institute’s World Payments Report 2025 , published today, reveals an industry set to be reimagined with account-to-account and instant payments. Regulations have also played a crucial role in driving innovation and ensuring consumer protection. The time is now to put those foundations in place.”

Instant Payments 98

Instant Payments Accounts Innovation Non-Bank 98

PYMNTS

JUNE 19, 2018

Convenience, price and food quality are the QSR’s main selling points, but what drives consumers to visit one particular QSR over another? As restaurants seek to innovate with consumer preferences in mind, here are some online features that consumers look for in their preferred restaurants: Third-Party Aggregator App.

Consumer 46

Consumer Debit Card Research Consulting 46

PYMNTS

FEBRUARY 3, 2020

“Jobs to be done” – a theory popularized by the late Harvard Business School Professor Clayton Christensen – is the notion that consumers don’t buy products , but they hire them to perform a task they need done. Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. But it’s more than that.

Consumer 69

Consumer Returns Rules Product 69

PYMNTS

OCTOBER 16, 2020

“Eventually, without further government support or significant labor market improvements, jobless workers may exhaust their accumulated savings buffer, leaving them with a choice to further cut spending or fall behind on debt or rent payments,” the researchers wrote. 7, according to the research.

Federal Reserve 105

Federal Reserve Research Credit Cards Consumer 105

PYMNTS

APRIL 9, 2018

percent — and while market research firm Garner is projecting that sales of smartphones will jump close to 5% this year, that forecast may prove to be too optimistic given the lack of reasons to upgrade. As will 5G, which promises faster cellular speeds and could prompt consumers to upgrade their older phones.

CHIPS 47

CHIPS Research Consumer Technology 47

PYMNTS

SEPTEMBER 12, 2017

On the other hand, separate research from the 2018 Robert Half Salary Guide for Accounting and Finance Professionals finds that the corporate accounting talent pool is shrinking, forcing the enterprise to rethink its employee hiring and management strategy. “Our

Research 53

Research Small Business Accounts Finance 53