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

PYMNTS

APRIL 26, 2018

“I’m pleased to say PayPal had another quarter of great results and we’re off to a great start in the new year,” CEO Dan Schulman noted at the opening of his remarks to investors when reporting 1Q 2018 results and providing insight into the company’s ambitious plans for future growth. Revenue for the quarter was $3.69 million merchants.

PayPal 47

PayPal Volume Venmo P2P 47

PYMNTS

JUNE 15, 2018

Overall, eMarketer says that users of peer-to-peer (P2P) mobile payment products will rise 30 percent in 2018 to encompass 82.5 Furthermore, eMarketer forecasts that the transaction volume of P2P payments will increase by 37 percent in 2018 to reach just over $167 billion this year.

Zelle 43

Zelle P2P Venmo Volume 43

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

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

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

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 billion, up 29 percent.

Volume 72

Volume Adjustments CHIPS Payroll 72

PYMNTS

JUNE 18, 2020

Khalid Fellahi , president of Consumer Money Transfer at Western Union, told PYMNTS that selling insurance and potentially other products alongside money transfer services should help differentiate the company from competitors. He said Western Union has built the capacity to add products into its technology “ecosystem.”

Wire 84

Wire Wires Origination Volume 84

PYMNTS

FEBRUARY 17, 2020

The funds will be used for the Neobank product development, talent recruitment and market expansion. . Small business (SMB) import and export volume between Europe and China hit $323 billion in 2018, and eCommerce — Amazon, Shopify and France’s Cdiscount — exceeded $100 billion in the same year. .

Multi-Currency 70

Multi-Currency Cross-Border Payments Cross-Border FinTech 70

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. Many of the companies’ products are still available on Amazon through third-party sellers. for smart lighting in 2018. IKEA said it is “keen on exploring new areas” to reach its customers.

Consulting 74

Consulting Volume Product Continuity 74

PYMNTS

JANUARY 9, 2019

In what could be evidence that Apple is bracing for even worse demand for its iPhones, the Cupertino, California company has reportedly slashed production for new iPhones by roughly 10 percent. Sources told the paper Apple reached out to suppliers in late December about the production cuts for the first quarter of 2019.

Product 43

Product On-Demand Volume Technology 43

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

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

OCTOBER 29, 2019

Drilling down into supplemental materials provided by the company alongside the earnings announcement, the company said total gross dollar volumes were up 14 percent worldwide to $1.6 CFO Sachin Mehra said the cross-border volume growth was in line with expectations and was driven by double-digit growth across most regions.

Volume 40

Volume Visa Cross-Border B2B 40

PYMNTS

NOVEMBER 25, 2018

Venmo , the digital money transfer service owned by PayPal , suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year. percent of overall volume at Venmo in March compared to 0.25 percent in January. We cannot let that happen.”

Venmo 89

Venmo PayPal Payments Transactions 89

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

PYMNTS

SEPTEMBER 5, 2019

trillion in spending for goods and services in 2018, The Nilson Report said in a press release Thursday (Sept. percent in 2018, up from 42.5 percent of all purchase volume at Mastercard in the U.S. Commercial and consumer cards issued in the U.S. generated $6.13 Commercial card spending is up 11.7 trillion last year.

Commercial Card 75

Commercial Card Cross-Border Visa Issuers 75

Fintech News

AUGUST 12, 2024

It is based on the analysis of positive and negative discussions; The Market Share of Discussion Score assesses the volume of discussions about a specific company relative to the total discussions about all companies in the sector. Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam.

FinTech 96

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 96

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

FEBRUARY 28, 2019

Square ‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. These trends included double-digit gross payment volume (GPV) growth, as measured year on year, double-digit transaction gains and traction in newer technology offerings — such as point-of-sale (POS) financing to help sellers log their own top-line growth.

Debit Card 68

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

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

PYMNTS

NOVEMBER 5, 2020

ET), reported CoinDesk , its highest level since January of 2018, and continued to rise throughout the day, hitting $15,237.78 The self-managed digital identity project is expected to be brought to a real production environment in May 2021, after completing phase two of testing, which is set to roll out this month. at 10:50 a.m. (ET),

Bitcoin 85

Bitcoin Blockchain NOV Cryptocurrency 85

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. They know where people spend time in the store so they know where to place their products,” Meeker said. Data volume is foundational to algorithmic refinement in AI performance.

AI 44

AI Privacy Economy On-Demand 44

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

JANUARY 20, 2021

In broad strokes, open banking lays out a path and process for banks and other financial institutions (FIs) to share their customers’ data with third parties (even competitors), where that data tie into apps and new products and services. consumers and businesses use open-banking enabled products to manage their finances and make payments.

Consumer Financial Protection Bureau (CFPB) 75

Consumer Financial Protection Bureau (CFPB) CFPB Online and Mobile Banking API 75

CB Insights

SEPTEMBER 20, 2021

The company went public at a valuation of $4.28B in May 2018 and posted revenue of $525.6M The company estimates it will see transaction volumes of $6.2 It maintains a network of more than 10,000 merchants and 4M customers that have financed more than $30B of purchases.

Acquirers 67

Acquirers BNPL Volume Posting 67

PYMNTS

APRIL 28, 2020

The funding will also go toward technological advancements, more improvements on its product suite and better big-data capabilities. Its sales volume increased 20 percent for merchant partners last year. In 2018, Oriente raised $105 million in a funding round, then one of the largest numbers for a startup in Asia.

Point-of-Sale (POS) 73

Point-of-Sale (POS) Volume Finance Transactions 73

PYMNTS

FEBRUARY 18, 2019

Despite the focus on cyber protection, however, a new report from insurance firm Allianz Global Corporate & Specialty said an unexpected category makes up the most popular type of claim filed by corporate customers of insurance products today. In analyzing 470,000 corporate insurance claims across 206 countries, totaling $66.5

Product 76

Product Volume Innovation AI 76

Clearly Payments

OCTOBER 3, 2024

Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion 2018 $3.7 Transaction Volume : Electronic payments processed through these terminals exceed $8 trillion annually. Benefits : Ideal for high-volume merchants needing a reliable and efficient terminal.

Credit Cards 84

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 84

PYMNTS

MARCH 23, 2018

But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Key to success in 2018 will be the adoption of a security by design approach in innovation that marries the establishment and deployment of standards with leading edge technology.

Innovation 74

Innovation Security Visa Online and Mobile Banking 74

PYMNTS

JULY 21, 2020

The report also analyzes how such rules are likely to change in the next several years as the health crisis alters the region’s online banking adoption and digital payments volumes. Prometeo’s product will be available in nine Latin American countries with the addition of Brazil and Panama. Around The Data Protection World.

Online and Mobile Banking 91

Online and Mobile Banking Regulations Rules Global Payments 91

CB Insights

FEBRUARY 21, 2019

less beer in stores in the US in 2018 compared to the previous year, according to research firm IRI. Startups are disrupting what and how we drink, with products ranging from cannabis-infused beverages, to hangover cures, to wine subscription services. Dry January may be over, but beer is still struggling. Brewers sold 0.3% 600+ items.

Database 78

Database On-Demand Research Product 78

FICO

JANUARY 10, 2019

Here are the top five posts from 2018. But many loans or mortgage products only have payments once or twice a month, so all accounts become delinquent at once. Furthermore, you have to deal with the higher volume after vacations and holidays, where you will face higher delinquency rates. You can’t call them all on the 15th.

Posting 40

Posting Issuers AI Non-Bank 40

FICO

NOVEMBER 28, 2018

The UK government announced on 4 th November 2018 that it is launching an investigation into personalized pricing practices in online retail, following growing concerns that vulnerable consumers are at risk of price discrimination through the use of ecommerce technologies. The approach to pricing therefore needs to be easily explainable.

Volume 58

Volume Rules Audit Product 58

Fintech News

JANUARY 7, 2024

Between January and October 2023, QRIS transaction volume reached 1.6 According to Indonesian news agency Antara, the population of people in the productive age group reached 140 million in 2020, representing more than half of the country’s total population. million people in the productive age group. million, with 207.99

Financial Inclusion 99

Financial Inclusion Innovation Payments NOV 99

PYMNTS

SEPTEMBER 25, 2018

Beyond that, volume has exploded, with $284 billion extended in 2016 compared to $11 billion in 2013. China was the largest market, yet volume has declined in recent periods. Against that backdrop, said Barron’s, “the perils of extremely risky peer-to-peer lending products being marketed as deposit-like securities became clear.”.

Risk 68

Risk FinTech Non-Bank Volume 68

PYMNTS

AUGUST 15, 2017

By the end of 2018, Aldi reportedly looks to remodel 1,300 U.S. We are re-merchandising, remodeling and enhancing our product range and are focused on gaining volume so more customers start their shopping at Aldi and we are able to complete their shopping lists more so than we have in the past,” Hart told Reuters at the time.

Volume 62

Volume Acquirers Product 62