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. Furthermore, the transaction volume saw a substantial increase, growing by 48% over the same period.

Innovation 52

Innovation Fraud Prevention On-Demand Volume 52

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. The insurance business is ripe for innovation.

AI 119

AI Federal Reserve Underwriting Risk 119

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

JULY 2, 2018

Always on, too, and always in demand. Among some of the musings from our experts: Mergers are less about volume and more about bringing new value to end markets. Change happens at the speed of, well, if not light, then sound. The information deluge is constant. Commerce is constant. Payments and financial services?

Payments 54

Payments Innovation Assessments Blockchain 54

PYMNTS

APRIL 8, 2020

The timing couldn’t be better for a food delivery service as the coronavirus pandemic has shuttered restaurants and the demand for prepared meals is exploding. The expansion of Uber for Business comes after a pilot version of the service debuted in 2018 by the division of San Francisco-based Uber Technology Inc.

On-Demand 81

On-Demand Volume Accounts Posting 81

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

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. on-demand workforce will increase 23 percent year over year in 2018, with some 6.8 Data volume is foundational to algorithmic refinement in AI performance.

AI 44

AI Privacy Economy On-Demand 44

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

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

Clearly Payments

SEPTEMBER 16, 2024

The Number of Contactless Payments by Country The contactless payment trends from 2018 to 2023 show a strong growth across various countries, driven by tech evolution, consumer preferences, and the effects of the COVID-19 pandemic. billion in 2018 to 18.3 The United Kingdom leads the surge, with transactions increasing from 6.6

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

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.

Venmo 71

Venmo P2P Zelle PayPal 71

Fintech News

FEBRUARY 15, 2024

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. In H1 2023, Southeast Asia recorded a substantial 54% year-on-year (YoY) decline in tech investment volume which reached US$3.1 billion for the period.

FinTech 95

FinTech Adjustments Volume Continuity 95

PYMNTS

SEPTEMBER 18, 2018

Postmates, the on-demand delivery company, announced on Tuesday (Sept. “Postmates is proud to be the first and largest on-demand network that is enabling the growth of retail across the country, and today’s investment accelerates our ability to pair technology with the vitality of our neighborhoods.”

On-Demand 60

On-Demand Volume API Innovation 60

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. Meanwhile, customer demand for delivery services has surged during the pandemic. Amazon said on Thursday (Nov. Customers can then select free in-garage delivery when placing Amazon orders.

NOV 105

NOV On-Demand Volume Consumer 105

PYMNTS

APRIL 16, 2019

Chief Executive Brian Moynihan cited demand for credit from middle-market business, and noted that was “good news for the economy overall.” million in the first quarter of 2018. The use of Zelle for business-to-consumer “digital disbursements” also grew by 135 percent between 2018 and 2019. billion in 2018.

Zelle 61

Zelle Transactions P2P Mobile Banking 61

Fintech News

JANUARY 4, 2024

Deal activity in the technology, media and telecom continued their downtrend in Q2 2023, with deal value falling 32% from Q1 2023 to Q2 2023 on a 15% decline in deal volume. Tech transactions suffered a considerable pullback, with deal volume decreasing to 854 from 1,011 in Q1 2023 and deal value dropping to US$23.9 billion from US$47.4

FinTech 96

FinTech Acquirers Web 3.0 Volume 96

PYMNTS

APRIL 3, 2020

Launched in 2018, Euro’s instant payments were created to also be able to settle other currencies, the agency said. According to the release, Sweden is one of Europe’s most advanced European countries when it comes to instant payments usage, with large daily volumes. Today, the average number of daily instant payments is 1.5

Real Time Payments 75

Real Time Payments Central Bank Instant Payments Agreements 75

PYMNTS

OCTOBER 30, 2020

The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. Visa Debit Volume Up As Consumers Spend With Funds On Hand. Visa reported fiscal Q4 results that illustrated a rally in pent-up demand, with volumes up quarter over quarter. 3 election.

B2B 64

B2B Technology Payments On-Demand 64

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 In early 2018, goodr grew from a small community of runners buying its products to appeal to a larger fanbase. 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

SEPTEMBER 17, 2019

Should the early shipment time data hold and translate to unit volumes, Apple may be able to offset this year’s average selling price reduction. Although bargains from Chinese retailers have hurt demands for iPhones, the region had the third-largest sales volume for Apple products in 2018, the report said. .

On-Demand 40

On-Demand Volume Processors Research 40

Fintech News

MARCH 25, 2024

But as these startups grow and expand, demand for larger size rounds and growth-stage capital will increase, fueling PE activity in the region. Meanwhile, smaller markets such as Myanmar, Cambodia, and Laos are limited by market size and have a low volume of venture-style investments.

Participant 107

Participant B2C On-Demand Consumer 107

PYMNTS

FEBRUARY 10, 2020

This has given rise to the structural shift in the job market, as Amazon and other firms strive to meet the growing demands of one-day and even same-day delivery. Volume will soon surpass FedEx and UPS — Amazon is now shipping packages at a rate of 2.5 Another Gauge Of Demand. The company now has 150 U.S.

On-Demand 75

On-Demand Payroll Volume Economy 75

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Fed 43

Fed Federal Reserve Small Business Finance 43

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

PYMNTS

SEPTEMBER 23, 2019

Chinese eCommerce site Alibaba indicated that sales of the new iPhones are 335 percent more than last year’s demand for the iPhone XR. He noted that while the demand for the standard iPhone 11 is “lackluster” in the U.S., Shanghai and Beijing Apple stores were relatively quiet when the new iPhone 11 hit shelves on Friday (Sept.

On-Demand 40

On-Demand Processors Volume Security 40

PYMNTS

FEBRUARY 15, 2019

Card volume for on-demand, live-streamed and game or software content increased by 35 percent between 2017 and 2018, according to a First Data SpendTrend report. Card volume for on-demand, live-streamed and game or software content increased by 35 percent between 2017 and 2018, according to a First Data SpendTrend report.

On-Demand 43

On-Demand Origination Consumer Volume 43

PYMNTS

NOVEMBER 14, 2019

The startup, which is located in Oakland, California, aims to facilitate food deliveries for nearby restaurants that receive high volumes of orders from delivery companies like Uber Eats. The venture was started in 2018 by Ken Chong, who led Uber marketplace product teams, and Matt Sawchuk, who oversaw Uber Eats. Kalanick is worth $3.4

Facilitators 60

Facilitators On-Demand Volume Continuity 60

PYMNTS

NOVEMBER 10, 2020

Even with hiatuses among the NFL, NBA, NHL, and MLB, the COVID-19 pandemic has sparked accelerated growth in the online gaming and sports wagering industry, which has been steadily advancing since the PASPA repeal in 2018. The lockdown of physical casinos amid COVID-19 helped accelerate digital demand for gaming and betting.

ACH 55

ACH ACH Processing Legal Payments 55

PYMNTS

FEBRUARY 22, 2017

As online shoppers grow to expect, if not require, quick and easy shipping of their purchases, logistics companies have been making investments to keep up with increasing demand. we completed investments that enabled our network to respond with on-time service, even with this record-setting volume. population. population.

On-Demand 49

On-Demand Volume Adjustments Product 49

The Fintech Times

MAY 16, 2024

However, it is not clear how far and fast digital will reduce demand for telephone and correspondence services. Customers experienced an average wait time of nearly 23 minutes in the first 11 months of 2023-24 (up from five minutes in 2018-19). This means HMRC’s workload has reduced more slowly than reductions in call volumes.

Correspondent 59

Correspondent Audit Small Business Assessments 59

PYMNTS

AUGUST 18, 2017

According to DigiTimes , sources also expect the volume to rise to 20 million units in 2018. With that in mind, shipments are expected to give a significant boost to Apple’s overall smartwatch volumes. With Apple ready to launch its third-generation Apple Watch, overall shipments of the smartwatch are expected to rise to 4.5

Volume 40

Volume On-Demand Technology Innovation 40

PYMNTS

MARCH 4, 2020

Gustaf Asp, managing director of Treadler, said in a statement that there is a demand for the service. “We reads H&M’s 2018 Sustainability Report. The fast-fashion company considers sustainability as a key performance area.

B2B 52

B2B On-Demand Research Volume 52

PYMNTS

MARCH 27, 2019

We see increasing demand for AP Automation as more middle-market businesses recognize the critical importance of automating and optimizing their financial processes.”. MineralTree said it is planning to build on the revenue growth of 80 percent it saw in 2018. The entire MineralTree team is excited about all that lies ahead.”.

Automation 46

Automation Commercial Card On-Demand Accounts 46

PYMNTS

AUGUST 24, 2020

The global digital education sector was already burgeoning pre-pandemic, with 2019 projections estimating that it would experience a 14 percent CAGR from 2018 to 2022. percent of respondents in a 2018 cross-industry gig worker survey stated that they would abandon platforms if they experienced payout issues. highlighted this need.

International Payments 60

International Payments Cross-Border Online and Mobile Banking Cross-Border Payments 60

PYMNTS

DECEMBER 22, 2020

An analysis of contactless card transactions revealed that the volume of commercial card contactless payments, both debit and credit, jumped 24 percent between 2018 and 2019. Roncari added that it’s only grown more in-demand of late because cash rewards provide the most flexible reward for consumers.

Credit Cards 75

Credit Cards Payments Governance Government 75

PYMNTS

DECEMBER 3, 2020

and Macy’s as it struggled with the unprecedented demand from the pandemic-driven eCommerce surge. A UPS spokesman told the WSJ that the company will pick up packages from customers whose “demand exceeded allocated space” once more capacity becomes available. Demand will also grow as COVID-19 cases surge across the U.S.

On-Demand 64

On-Demand Returns NOV Volume 64

PYMNTS

JUNE 24, 2019

The demand for faster payments is strong in the U.S., According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 percent CAGR between 2018 and 2025. transaction accounts.

Real Time Payments 65

Real Time Payments RTP Faster Payments Payments 65