PYMNTS

MAY 8, 2020

Samsung Pay has increasingly grown in popularity, processing more than one billion transactions , almost double compared to 2018. By 2018, about 50 percent of retailers and restaurants starting accepting Apple Pay. But in some emerging economies, NFC is not supported, making MST important. . That number was about 25 percent for U.S.

Debit Card 92

Debit Card Contactless Payments Mobile Payments Payments Tools 92

PYMNTS

JULY 2, 2020

These can include not just work to get popular products to Amazon centers in time for sales-day demand, but also the need to focus on products that are in high demand due to COVID-19. In April, Amazon suspended sales of some items deemed nonessential to dedicate resources to products needed for the pandemic response.

On-Demand 106

On-Demand Product 106

Fintech News

OCTOBER 13, 2024

The partnership offers a variety of insurance products such as SafeTrip for users traveling with Gojek’s mobility services, package delivery insurance for GoSend, large-scale goods coverage for GoBox, and delivery insurance for GoKilat.

Underwriting 92

Underwriting Volume Product Automation 92

PYMNTS

JANUARY 25, 2021

They have created a very cool and differentiated product with huge mainstream appeal, and I love that they’ve been best friends and partner entrepreneurs since childhood,” Lubetzky said after announcing the investment on Friday (Jan. lookout for good product ideas. They began selling chips in autumn of 2018. Getting Going .

CHIPS 116

CHIPS Returns Product Consulting 116

CB Insights

FEBRUARY 13, 2020

The company’s strategy also includes a deference to developers, and a focus on directly serving developers who build websites and applications using Stripe’s product. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. Expanding product suites: Stripe vs. Square.

Payment APIs and Integration 98

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

PYMNTS

AUGUST 11, 2020

million in 2018 — according to CNBC. Revolut attributed the losses to its expansion into new markets and the introduction of new products. The company’s revenues actually tripled last year, increasing 180 percent to £162.7 ($213 million) from 2018. The company posted a total loss of $139.6 million (£106.5

FinTech 95

FinTech Debit Card Accounts Consumer 95

PYMNTS

OCTOBER 27, 2020

The acquisition builds on a strategic partnership and investment made in 2018, where Visa invested in the company back then. Ruben Salazar , Visa’s senior vice president and head of product and solutions for Latin America, told PYMNTS recently that the company is working on new collaborations to expand how customers can use rewards.

Acquirers 119

Acquirers Payment APIs and Integration Processors Issuers 119

PYMNTS

AUGUST 5, 2020

In fact, it has been profitable since it was founded in July 2018, with its revenue doubling (on average) every 73 days. With over $300 million in pro forma revenue and 6,000+ products, it is one of the top 25 sellers on Amazon. company to reach profitable unicorn status. Then the company has to consistently deliver it.

Product 134

Product Compliance Consumer Acquirers 134

PYMNTS

MAY 18, 2020

billion in fiscal year 2018. JPMorgan Chase recently announced a new product, “Coin and Cleaning Networks,” focusing on new age cash management and payments services. Keychain Core was rolled out last September, earlier than expected, as reports suggested that kind of technology wouldn’t be available for another few years.

Blockchain 115

Blockchain Credit Cards Payments B2B 115

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. Each use case will be most suitable for one of these approaches, depending on the needs and outcomes created by product features. The UK has not yet unlocked the true potential of Open Banking, even though we have made tremendous progress.

Use Case 130

Use Case API Fraud Prevention Risk 130

PYMNTS

OCTOBER 23, 2020

million in 2018 and was valued at $170 million, according to PitchBook. PayPal has said it plans to partner with BitGo competitor Paxos Trust Company , which is a regulator and provider of cryptocurrency products and services, Bloomberg writes. PayPal might also go with another target to purchase. BitGo raised $58.5

PayPal 107

PayPal Bitcoin Digital Currency Cryptocurrency 107

Fintech Finance

JULY 8, 2024

Ian is an experienced and internationally recognised payments product and technology executive. Lee has extensive banking experience in product / profit and loss (P&L) management, risk, policy setting and strategy. He also serves on the Board of Directors of SWIFT.

ISO 20022 89

ISO 20022 Message Standards Payments Strategy ISOs 89

Fintech News

APRIL 16, 2024

The bank had previously launched a mobile wallet, KBZPay, in 2018 which currently has over 15 million users. This collaboration aims to introduce AI-led credit risk management to KBZ Bank, enhancing its ability to assess creditworthiness across retail and SME products with greater accuracy and efficiency.

Credit Risk 92

Credit Risk Risk Management Assessments AI 92

PYMNTS

FEBRUARY 21, 2020

Just 1 percent of the Swedish gross domestic product (GDP) existed in banknotes in 2018, Riksbank data shows. . The issuance of e-krona, which is being developed by consulting firm Accenture, would simulate its use in an “isolated test environment.”. More than 50 percent of banks in Sweden don’t have physical cash in their vaults.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105

The Fintech Times

SEPTEMBER 14, 2024

Taiwan’s gross domestic product (GDP) per capita is over $35,000. Guided by the FSC and supported by the FinTech Development Fund, TFSR and TABF jointly organised the 1st FinTech Taipei to great acclaim in 2018. These economies have since developed into fully advanced nations. Fintech Taipei – major fintech event in Taiwan.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

Open Banking Excellence

NOVEMBER 14, 2023

It came into full effect in 2018 and involved several key pillars: Enhanced Security : The PSD2 introduced Strong Customer Authentication (SCA) to bolster the security of digital transactions. This requirement is now familiar to us, as we often encounter multiple-factor authentication on our mobile devices.

Non-Bank 130

Non-Bank Rules Authentication Regulations 130

PYMNTS

JUNE 29, 2020

Daily orders have crossed the four-million mark for Xingsheng Youxuan, with convenience stores supplying fresh goods and household products for order and delivery through its eCommerce platform.

Laws 109

Laws Finance Research Posting 109

PYMNTS

NOVEMBER 30, 2020

percent more than those who shopped online on Black Friday in 2018, demonstrating the continuation of a much longer and broader transition that has been driving more consumers to shop online with each passing year. percent decrease in the share who did so in 2018. Our research shows that 74.1 It is also 27.1

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

PYMNTS

AUGUST 12, 2020

According to Gitesh Athavale, head of Product (Cards) with Nium, the company wanted to help move the payments world into the new digital space. From 2018 to 2019, the amount of funds being sent out sat at $14 billion, a huge increase from the $1 billion from just a few years earlier in 2015.

End User 106

End User Small Business Product Payments 106

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. Online sales have risen by 10 percent for products that are try-on-enabled.

Technology 104

Technology On-Demand Use Case Product 104

PYMNTS

FEBRUARY 26, 2020

Banga will be succeeded by Mastercard’s Chief Product Officer Michael Miebach, who first joined the company in 2010 as president of Middle East and Africa. He has served as Mastercard’s Chief Product Officer since 2016 and has headed the network’s new products and innovation team since 2018.

Visa 109

Visa Payments Push-to-Card EMV 109

PYMNTS

FEBRUARY 17, 2020

billion records last year, calling it “the worst year on record” and noting that the number of records exposed was 284 percent higher than in 2018. billion in three years, up from its 2018 value of $79.5 One study reported that 7,098 breaches exposed 15.1 It is projected that the global IoT smart cities market will reach $219.6

Data Breach 99

Data Breach Breach Blockchain SWIFT 99

PYMNTS

JANUARY 7, 2021

Routefire debuted in 2018 and began work on enhancing trade infrastructure for crypto, particularly as there were fewer offerings for such services at that time, according to the post.

Bitcoin 110

Bitcoin Rules Acquirers Posting 110

PYMNTS

JANUARY 11, 2021

license for financial services will enable it to offer banking products “U.K. The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

Financial Crimes 86

Financial Crimes Deposit Account Cryptocurrency Advisors 86

Fintech Finance

AUGUST 27, 2024

“Preete’s exceptional leadership and strategic financial acumen will be invaluable as we continue to execute our growth plans, which include expanding our product offerings and our market presence both in the UK and internationally.

Payments 89

Payments Finance Continuity Accounts 89

Fintech Finance

SEPTEMBER 20, 2024

The awards are in alignment with the IPR’s efforts since 2018 to foster collaboration between payments and remittance professionals, exchange best practices, and drive positive change within the industry.

Cross-Border 94

Cross-Border Cross-Border Payments Best Practices Innovation 94

The Fintech Times

APRIL 27, 2024

These requirements include banning universal default passwords, reporting security vulnerabilities and requiring manufacturers to reveal how long they will support each product. ” “It is positive that the Act is requiring manufacturers to say how long they will support each product.

API 124

API Cybersecurity Authentication Security 124

Fintech Finance

OCTOBER 2, 2024

Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services. billion by 2022 from less than K 20 billion in 2018, according to the Bank of Zambia. Payments are settled to the merchant’s Kazang wallet on the same day. In Zambia, there are around 3.8

Acquirers 96

Acquirers Point-of-Sale (POS) Value Added Service Financial Inclusion 96

PYMNTS

APRIL 29, 2020

The latter finding is a marked shift from our 2018 study, in which just 27.3 This is followed by their new product or customer life cycle management units (38.8 The concentration of interest in these three units represents a marked shift from 2018, when the largest share of FIs (50.5 Our research shows that 92.9

Credit Risk 100

Credit Risk AI Risk Underwriting 100

PYMNTS

DECEMBER 27, 2020

But Bloomberg reported that Dorsey is looking to build on Square’s existing services and growing popularity with young users by adding additional stand-alone services to complement the products it already offers. Those include online shopping, delivery, loyalty programs, gift cards, money management and loans.

Mobile Payments 139

Mobile Payments Bitcoin Origination Payments 139

PYMNTS

MARCH 11, 2020

The March 2020 Unlocking AI Playbook: FI Edition , a PYMNTS and Brighterion collaboration, explains that while the use of AI solutions by banks and financial institutions (FIs) skyrocketed 70 percent in a single year (2018-2019), less than 10 percent of all banks say they use AI today. The Semantics of AI.

AI 98

AI Rules Technology Continuity 98

Fintech News

JANUARY 17, 2024

In line with this, Aspire established a new financial technology excellence hub in Singapore that will drive its focus on product development and strategic investments in key areas such as Artificial Intelligence (AI) and cybersecurity.

Cybersecurity 84

Cybersecurity Small Business International Payments Facilitators 84

Fintech News

AUGUST 12, 2024

Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. The platform combines financial products and services from Vina Securities Joint Stock Company (VNSC) with modern fintech technology from Finhay.

FinTech 90

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 90

Fintech Finance

SEPTEMBER 23, 2024

Jim brings over 25 years of experience in banking and payments and has worked at the forefront of the Open Banking movement since 2018. He led Mastercard’s journey into Open Banking, and prior to that headed up the Vocalink UK product team that was responsible for critical national infrastructure services such as BACS and FPS.

Continuity 95

Continuity ISO 20022 ISOs Central Bank 95

Open Banking Excellence

SEPTEMBER 5, 2023

Since Open Banking launched on January 18, 2018, banks have made a suite of mandatory APIs available to TPPs. We decided not to wait for digital ID to arrive – which might never happen – and instead just launch our product out into the market. NatWest has been working to solve this puzzle for several years.

API 130

API Large Merchants Due Diligence Regulations 130

Fintech News

MARCH 6, 2024

She also won the EY Entrepreneur Of The Year Australia Southern Region award 2018. Winnie Chua, Co-Founder and CPO, PolicyStreet Winnie Chua is the Co-founder and Chief Product Officer of PolicyStreet, an insurtech platform from Malaysia that aims to make it affordable, simple to understand and easy to access private healthcare.

APACS 96

APACS FinTech Online and Mobile Banking Multi-Currency 96