Fintech Finance

JANUARY 7, 2025

BR-DGE , the breakthrough payment orchestration provider, is celebrating a significant transaction volume uplift and spate of new senior hires in 2024 as the company scales rapidly to meet unprecedented demand in 2025 for its pioneering modular services.

Payments 86

Payments Volume Transactions On-Demand 86

Clearly Payments

NOVEMBER 6, 2024

payment processing landscape, covering market size, merchant demographics, transaction volumes, major players, and key trends shaping the industry. payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. trillion 2019 $4.0

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

Fintech Finance

JULY 11, 2024

Visa will continue to offer BPN access to its financial institution clients to streamline the B2B digital payments process for their corporate customers. Suppliers benefit from eliminating manual virtual card processing and optimized acceptance costs, while buyers can transact using their preferred payment method.

Payment Networks 82

Payment Networks Business Payments Remittance Data B2B 82

PYMNTS

JUNE 19, 2019

To that end, in the Council of Supply Chain Management Professionals ( CSCMP ) State of Logistics Report 2019, presented by Penske , AT Kearney reported that logistics costs are continuing to rise, buoyed by continued strength in the economy. In terms of stats, and continuing a trend, costs are going up. percent in 2018.

Economy 51

Economy Volume Continuity Transactions 51

Fintech News

OCTOBER 13, 2024

PasarPolis Insurance Broker will manage the insurance brokerage, using its platform to handle the high volume of transactions efficiently. This partnership builds on PasarPolis’ collaboration with Gojek, which began in 2018, offering insurance products to Gojek’s large user base.

Underwriting 97

Underwriting Volume Product Automation 97

Fintech News

APRIL 23, 2024

The move is in response to growing transaction volumes in the global B2B travel market, which are expected to hit US$1.7 Since 2018, Nium and Thredd have issued 86 million virtual cards worldwide. trillion by 2027.

APACS 90

APACS Payment APIs and Integration Cross-Border Payments Cross-Border 90

PYMNTS

FEBRUARY 1, 2019

30, Visa CEO Al Kelly said, “We continue to work closely with the Chinese regulators and government to understand how to best proceed through the application premises,” according to Quartz. In addition, payments volume came close to $2.3 During a call with analysts on Jan. million, an 11 percent increase from the previous year.

Visa 68

Visa Volume Transactions Credit Transaction 68

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

Fintech News

JUNE 25, 2024

Founded in 2018, DANA has swiftly become one of the nation’s leading e-wallet and payment services, boasting an impressive user base approaching 200 million in 2024. As the company gained traction, it experienced an exponential surge in user adoption and transaction volumes for its payment and embedded financial options.

Database 107

Database Volume On-Demand Disaster Recovery 107

PYMNTS

NOVEMBER 8, 2018

Square posted results Wednesday (November 7) that showed double-digit gains in gross payment volumes, continued traction amid a base of larger merchants, and notable growth in subscription and software-based revenues. Supplemental materials provided by the company revealed that gross payment volume was $22.5

Volume 72

Volume Adjustments CHIPS Payroll 72

PYMNTS

DECEMBER 28, 2018

Bruce Parker, founder and CEO of Modo , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. So, uh, that’s not exactly how 2018 turned out. The year 2018 turned out to be less about dreaming and more about doing what needed to be done, glamorous or not. Here’s where the innovation really happened in 2018.

Alternative Payment Methods 46

Alternative Payment Methods Reconciliation PayPal Blockchain 46

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. 31, 2018, with a year-end goal of 300 million.) P2P Numbers. P2P Monetization.

Venmo 71

Venmo P2P Zelle PayPal 71

PYMNTS

APRIL 24, 2019

Payment values went up 54 percent year over year, and payment volume increased 72 percent. Although digital P2P adoption first caught on with millennials, adoption of P2P services continues to rise among all generations. Meanwhile, for the full year 2018, Zelle had $119 billion worth of payments via 433 million transactions.

Zelle 61

Zelle Payment Networks Process Venmo 61

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

OCTOBER 7, 2020

percent of shoppers went to a physical store on that day, which was down five percentage points from 2018. percent shopped online during Black Friday last year, which was double the 2018 number. consumers representing $1,025 billion of sales volume will shift some or all of their retail shopping to digital channels, 40 million U.S.

Volume 96

Volume Consumer Research Returns 96

PYMNTS

JANUARY 30, 2020

PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. Venmo processed more than $29 billion of total payments volume, up 56 percent over the same period last year. Revenue came in at $4.96 billion, up from $4.22

PayPal 85

PayPal Venmo Volume Cross-Border Payments 85

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. But the overall message continues to be caution when it comes to investor attitudes about investech. What Ails Insurtech?

AI 119

AI Federal Reserve Underwriting Risk 119

CB Insights

APRIL 16, 2019

As of 2018, only 47% of adults in the region had a bank account, while only a third of Southeast Asian SMEs had access to loans or lines of credit. In 2018, funding to fintech startups across Southeast Asia grew 143% year over year, hitting a record of $485M invested across 68 deals. Southeast Asia is a historically underbanked region.

FinTech 73

FinTech P2P Volume Acquirers 73

PYMNTS

NOVEMBER 5, 2020

5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. ET), reported CoinDesk , its highest level since January of 2018, and continued to rise throughout the day, hitting $15,237.78 As stocks rallied Thursday (Nov. The stock hit $15,017.05 at 10:50 a.m. (ET), at 5:01 p.m.,

Bitcoin 85

Bitcoin Blockchain NOV Cryptocurrency 85

PYMNTS

JANUARY 10, 2020

IKEA said it was leaving Amazon because the retail giant decided to discontinue a smart lighting program that began in 2018. for smart lighting in 2018. We will continue to dialogue with different partners to test new ways to meet our customers now and in the future, whenever and wherever they want.”. “To

Consulting 74

Consulting Volume Product Continuity 74

PYMNTS

APRIL 21, 2019

According to a report in The Wall Street Journal citing people familiar with the matter, executives at the company have been having talks with banks since the end of 2018 about issuing a Venmo-branded credit card. For its fourth quarter, Venmo posted an 80 percent increase in transaction volume, reaching $19 billion.

Venmo 76

Venmo PayPal Credit Cards Zelle 76

Fintech News

JUNE 3, 2024

German insurance group Munich Re expects the market to continue its growth momentum, projected to triple in size by 2025. In 2022, malware incidents rose for the first time since 2018, reaching 5.5 Over the past five years, the region’s cyber insurance market has grown 51.2%

Ransomware 87

Ransomware APACS Cybersecurity AI 87

PYMNTS

FEBRUARY 28, 2019

Square ‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. 27), showing the continuation of several trends seen in recent quarterly reports. Gross Payment Volume And Large Seller Mix Growth . Square said it will continue to invest in growth. Earnings on an adjusted basis were $0.14

Debit Card 68

Debit Card Payroll Point-of-Sale (POS) Underserved 68

PYMNTS

DECEMBER 18, 2020

million in 2018 and a net loss of 48.7 billion in general merchandise volume (GMV) on its platform. Responses to the COVID-19 pandemic such as prolonged work-from-home policies, quarantines, closures, and travel restrictions could continue to depress demand for the products sold on our platform,” the company said in the prospectus.

Posting 82

Posting On-Demand Volume Transactions 82

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). Furthermore, Retail CBDC demonstrated its capability to serve as an alternative channel for retail payments, with the potential to handle high transaction volumes.

CBDC 105

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 105

Fintech News

FEBRUARY 15, 2024

Despite the notable pullback, fintech continued to see traction from investors, with digital lending in particular witnessing an uptake. Among the key trends outlined in the reports, the companies note a sizable decline in tech investment volumes, adjustments in valuations and a shift towards earlier stage startups.

FinTech 79

FinTech Adjustments Volume Continuity 79

PYMNTS

OCTOBER 25, 2019

Visa posted fiscal Q4 earnings results that topped expectations, driven by high single-digit percentage growth in payments volume and cross-border transactions — and where management said that B2B transactions topped $1 trillion on an annualized basis. Total merchant locations for the year were up 14 percent from 2018.

Volume 42

Volume B2B Cross-Border Point-of-Sale (POS) 42

PYMNTS

JANUARY 12, 2021

The company says the infusion came during “explosive growth” for its payment operations and treasury management offerings that let firms immediately close their books with continuous accounting, handle payments and banking via one platform, and have full cash visibility.

Treasury 73

Treasury B2B Real Time Payments RTP 73

PYMNTS

NOVEMBER 19, 2018

In fact, there continues to be a huge gap between merchants with the best and worst online checkouts. The data is in, and the numbers speak volumes. That said, whether it’s mobile or online checkout, not all checkout experiences are created equal. So, what can eTailers to improve their checkout experience and conversion?

Ubiquitous 77

Ubiquitous Research Volume Process 77

PYMNTS

MAY 6, 2020

Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. Total quarter gross payment volumes were $25.7 Volume was up three times that of March.

Direct Deposit 70

Direct Deposit Volume Bitcoin Transactions 70

CB Insights

FEBRUARY 13, 2020

In 2009, a decade after PayPal started offering online payments, San Francisco-based startup Square brought payments innovation to the point-of-sale , allowing businesses with smaller transaction volumes to accept card payments with its card reader and mobile phone card reader. on payment volume. Get the full report.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

PYMNTS

DECEMBER 24, 2018

The findings — reflected in the list below — take into account the newest payment technologies while also paying attention to legacy methods that for various reasons continue to command consumer and business loyalties. The 2018 holiday shopping season has been more than kind so far to PayPal. 1: With Multiple Devices. 8: Via PayPal.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

JANUARY 31, 2019

PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. billion during the final quarter of 2018, slightly below analysts’ estimates of $4.24 Revenue, however, was a slight miss for both the quarter and the year. PayPal posted $4.23

Venmo 58

Venmo PayPal Volume Zelle 58

CB Insights

OCTOBER 11, 2018

As online shopping volumes continue to boom and more businesses embrace electronic payments over paper-based ones, some payments startups are already well into maturity. Private payments tech companies have raised $30B+ since the start of 2014, with a whopping ~$17B raised in 2018 alone, according to CB Insights data.

PayPal 68

PayPal Payments Volume Acquirers 68

PYMNTS

JANUARY 8, 2020

billion in 522 deals, a 30 percent growth over 2018, ZAG law firm announced Tuesday (Jan. The dollar volume of deals in which VCs took part captured 77 percent of the total raised in 2019.”. Early-stage funding declined in 2019, however, with seed rounds shrinking to $148 million from $169 million in 2018.

AI 64

AI Caps Cybersecurity Laws 64

PYMNTS

JANUARY 30, 2019

Beyond that, the earnings announcement and subsequent detail will show how gross dollar volumes are trending, where, in recent periods, that growth has been north of 10 percent. Consider the most recent quarter, where volume of transactions was up 13 percent in the third quarter of 2018, which ended in September, as measured year over year.

Visa 55

Visa Consumer Cross-Border Volume 55

PYMNTS

NOVEMBER 28, 2018

Here’s the scoop, straight from PayPal: For the first time in the company’s history, mobile payment volume topped $1 billion, and did so on both Black Friday (November 23) and Cyber Monday (November 26). Black Friday mobile payment volume increased 42 percent year over year, though PayPal gave no specific spending figures.

PayPal 70

PayPal Mobile Payments Volume Payments 70