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

PYMNTS

AUGUST 22, 2019

22) that showed double-digit percentage gains in volumes, driven by online commerce and increased traction among mid-market firms doing business and taking payments across the globe. Continuing a trend seen in past quarters, volume churn was less than 1 percent, said management. million euros. million euros.

Volume 66

Volume Process Processors Cross-Border 66

The Paypers

NOVEMBER 5, 2018

billion in the third quarter of 2018, a 6.7% increase over Q3 2018, according to NACHA. (The Paypers) The number of ACH payments has registered more than 5.6

NACHA 28

NACHA ACH Volume Payments 28

FICO

DECEMBER 13, 2017

So, will 2018 be more fun? The impact of IFRS 9 and the potential huge increase in volumes of accounts moving to debt purchasers and debt collection agencies will continue to change the marketplace and customer behavior. Rest up this holiday season, and I’ll see you in 2018. Here are eight collections predictions for next year.

On-Demand 45

On-Demand Regulations Credit Risk Volume 45

PYMNTS

SEPTEMBER 14, 2018

ACH Network volume surpassed 2 billion transactions in August, an increase of more than 10 percent compared to the previous year. One key factor responsible for the growth is a 24 percent increase in internet-initiated transactions, which include bill payments and account-to-account transfers, making up 27 percent of ACH Network volume.

NACHA 49

NACHA ACH Volume Same Day ACH 49

PYMNTS

DECEMBER 20, 2020

According to data from Coin Dance, per Quartz, bitcoin trades in Nigeria increased around 19 percent per year in volume since 2017. The highest volume of 20,504.50 million pounds ($78 million) as of 2018. That number is higher than any other non-U.S. market, Quartz reported. was traded in 2020.

Bitcoin 64

Bitcoin Volume Blockchain Consumer 64

PYMNTS

JANUARY 24, 2019

23) showed continued traction in the financial messaging service’s annual and daily average traffic volumes. Per an announcement, SWIFT said that through 2018, it facilitated an average of 31 million messages daily — which, on an annual basis, was up 11 percent from 2017, and represents a 56 percent increase through the past five years.

SWIFT 62

SWIFT Volume Cross-Border Cross-Border Payments 62

CB Insights

FEBRUARY 26, 2019

In 2018, 53 new companies hit a $1B+ unicorn valuation, up 83% from 2017 figures and 26% higher than the previous record in 2015. 2018 VC REPORT: A NEW UNICORN RECORD. The cumulative valuations of those unicorns hit $526B in 2018, up 43% year-over-year after remaining stagnant in the 2 years prior. years — down from 7.8

Caps 58

Caps Volume Research Posting 58

Fintech News

FEBRUARY 15, 2024

Illicit share of all cryptocurrency transaction volume, 2018-2023, Source: Chainalysis 2024 Crypto Crime Report, Chainalysis, Jan 2024 Conversely, the data reveal an increase in ransomware attacks and darknet markets, indicating challenges in cybersecurity and a resurgence in these illicit activities.

Ransomware 103

Ransomware Crime Transactions Romance Scams 103

Neopay

AUGUST 22, 2024

The Report examines the total number of payment transactions and the subset of fraudulent transactions in terms of value and volume. SCA-authenticated transactions featured lower fraud rates than non-SCA transactions, especially for card payments, both in terms of values and volumes.

Central Bank 52

Central Bank Volume Payments Authorization 52

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 112

Underwriting Volume Product Automation 112

Payments Source

OCTOBER 23, 2018

The Zelle network processed 116 million transactions during the July-September 2018 timeframe with a total value of $32 billion in payments.

Zelle 68

Zelle Volume P2P Transactions 68

PYMNTS

DECEMBER 12, 2018

On another note, the trading volumes of bitcoin are soaring in South America, Cryptovest reported. In the country, trading volume growth of the digital currency spiked by roughly 37 percent. The price of one bitcoin was $3,427.79 as of 7:12 p.m. EST on Wednesday (Dec. 12), according to CoinDesk.

Bitcoin 55

Bitcoin Digital Currency Accounts Volume 55

PYMNTS

OCTOBER 26, 2017

According to CEO Alfred Kelly, Visa ended its financial year as it began, “with strong growth across payments volume, cross-border volume and processed transactions, which was bolstered by the addition of Visa Europe.” The headline was, of course, the marked increase in payment volume of nearly 10 percent (9.8 percent) to $1.93

Volume 49

Volume Cross-Border Payments Push-to-Card 49

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

Fintech Finance

JULY 11, 2024

Launched in 2018 in collaboration with Visa, Business Payments Network seamlessly links suppliers to their buyers through connectivity to their preferred bank and payables providers, radically simplifying payment acceptance through straight-through processing of virtual card payments and capture of all available remittance data.

Payment Networks 92

Payment Networks Business Payments Remittance Data B2B 92

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

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

The Paypers

JANUARY 25, 2019

(The Paypers) The volume of ecommerce in Romania increased by 30% in 2018 compared to 2017, to EUR 3.5 billion, the equivalent of EUR 10 million per day, according to GPeC.

Volume 28

Volume 28

PYMNTS

DECEMBER 27, 2018

From kiosks to online ordering and drive-through lanes, these merchants sought to provide their customers with digital alternatives to ordering at the counter in 2018. Below, PYMNTS rounds up the top restaurant innovations of the year and sheds light on how restaurants tapped into new technologies to better serve their diners.

Innovation 63

Innovation Technology Volume Acquirers 63

PYMNTS

JULY 16, 2018

.” The tip of the iceberg, indeed, as many experts are not only predicting that Prime Day 2018 will be a good time to buy Alexa-powered smart devices, but a great time for customers to put them to use for shopping. and around the world, Prime Day 2018 could be a very busy one for the most popular voice-activated AI system in America.

Push-to-Card 40

Push-to-Card Research Product Volume 40

PYMNTS

NOVEMBER 2, 2018

billion in the third quarter of 2018, a 6.7 billion in the second quarter of 2018, a 6.2 NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 percent increase from the third quarter of last year. NACHA also said that 1.5 million, up 32 percent.

ACH Network 67

ACH Network ACH NACHA Same Day ACH 67

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

JUNE 19, 2019

percent in 2018. In terms of pricing, the ripple effect will be one where a pullback would slow price increases charged to shippers, and carriers may see volume decreases. To get a sense of how big that $1.6 trillion is: it’s eight percent of the GDP, and that’s up from a 7.5 percent share of GDP as measured in 2017.

Economy 51

Economy Volume Continuity Transactions 51

PYMNTS

MAY 3, 2018

Mastercard beat estimates on Wednesday (May 2) as the company showed results that reflected higher spending on both credit and debit cards through the first quarter, as well as cross-border volumes that surged by double digits. The company said that worldwide gross dollar volume gained 14 percent to $1.4 The net revenue number of $3.6

Volume 48

Volume Visa Cross-Border Debit Card 48

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 103

APACS Payment APIs and Integration Cross-Border Payments Cross-Border 103

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 121

Database Volume On-Demand Disaster Recovery 121

PYMNTS

AUGUST 3, 2018

are pressing past threats looming from Brexit and increasing their global trade volumes. 2) on the WorldFirst blog , revealed that nearly one-third of the 1,000 small businesses surveyed said they made at least one foreign transaction every month in 2018’s second quarter, a 6 percent increase from Q1 stats.

Volume 40

Volume Cross-Border Small Business Mitigation 40

Payments Dive

FEBRUARY 12, 2020

In 2018 alone, ACH network volume reached nearly 23 billion payments –70 payments per person in the U.S. In the 12 months ending February 2019, payment volume across the ACH network increased 7.2%, reaching over 100 million ACH payments per banking day, a first for the ACH network.

Account Validation 109

Account Validation ACH Network Faster Payments Accounts 109

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. trillion.

Volume 42

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

Fintech Review

OCTOBER 1, 2024

Dubai, United Arab Emirates, October 1st, 2024, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. And in 2023, the competition attracted almost 120,000 traders globally.

Participant 52

Participant Volume Best Practices Cryptocurrency 52

The Fintech Times

OCTOBER 8, 2024

Hiroko Michishita , managing director, JCB International Asia Pacific, said: “Between 2021 and 2022, JCB has almost doubled the volume of e-commerce transactions in Singapore. While East Asia is our traditional stronghold, we have seen substantial growth in our ASEAN card base of 132 per cent from 2018 to 2023.

APACS 52

APACS Alternative Payment Methods Volume Acquirers 52

Fintech Finance

SEPTEMBER 17, 2024

Aaron Holmes, Founder and CEO of Kani Payments, says: “Since our inception in 2018, it has been a priority for us to meet the latest industry and regulatory standards.

ISO 20022 102

ISO 20022 ISOs Reconciliation Message Standards 102

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

APRIL 26, 2019

Reports in Forbes on Thursday (April 25) said iwoca provided 3,802 of the 31,014 small business credit lines approved in Q4 2018, according to U.K. alternative lender iwoca’s growth could signal ramped up competition between banks and FinTechs, according to new data. Finance analysts.

Volume 46

Volume Small Business Finance Addressing 46

PYMNTS

NOVEMBER 23, 2020

Pantera Capital said in the report, as noted by Benzinga, “When PayPal went live, volume started exploding. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70 percent of the new supply of bitcoins.”.

Digital Currency 143

Digital Currency PayPal Consumer Cryptocurrency 143

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 83

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 83