Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. This rise underscores credit cards’ central role in consumer spending, spurred by rewards programs and convenience factors.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

PYMNTS

AUGUST 3, 2020

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. as W-2 employees.

On-Demand 84

On-Demand Payments Payroll Economy 84

Fintech News

JANUARY 21, 2025

Instead, open finance development is being driven by market forces, including consumer demand, fintech innovation, and competitive pressures among financial institutions. Malaysia has also made strides, publishing in 2019 a policy document titled Publishing Open Data using open API. appeared first on Fintech Singapore.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

The Fintech Times

MAY 17, 2024

Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa has unveiled new products which will address the evolving consumer payments demands. We’re announcing the next generation of truly digital-native payment card experiences.

Product 128

Product Consumer Online and Mobile Banking RTP 128

PYMNTS

NOVEMBER 9, 2020

Both businesses and consumers are still attempting to deal with the financial hardships brought on by the ongoing pandemic. In the United States, 8 million consumers have fallen below the poverty line since May, for example, movement that severely reduces the access these consumers may have to financial tools. In the U.S.,

On-Demand 81

On-Demand FDIC Push-to-Card P2P 81

PYMNTS

JANUARY 2, 2019

Below, Pandit sounds off on how increased support for mobile commercial card payments will not only boost convenience for corporate payers, but the added benefits of security that mobile wallets provide (and that corporates demand). Following The Consumer Trend. We think 2019 will be a crucial year for this sector. ” .

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

PYMNTS

APRIL 29, 2020

Many physical bank branches have temporarily closed or reduced service hours to better safeguard their employees and spare themselves the costs of operating branches now that consumers are staying home. consumers found that 82 percent had reservations about visiting branches, while 63 percent were more willing to try apps.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

The Payments Association

MARCH 19, 2025

We are seeing strong adoption and demands for wallets like PayPal, Alipay, and WeChat Pay as they have evolved from basic payment tools to comprehensive financial ecosystems. Some people might find this unexpected, but as digital wallets become more common, it makes sense for companies involved in payments to embrace them.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 143

Financial Inclusion Payments Embedded Finance Push-to-Card 143

Finovate

APRIL 7, 2025

The move signals growing interest in modernizing collections technology across the financial services industry amid economic uncertainty and evolving consumer behavior. While the amount of the funding was undisclosed, it adds to the $13 million AKUVO has received since it was founded in 2019.

Credit Risk 59

Credit Risk Risk Management Risk Credit Union 59

PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One Debit cards remain the payment method of choice among U.S.

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

PYMNTS

SEPTEMBER 16, 2019

That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases. consumers who documented their shopping and purchasing experiences over a seven-day period in mid- to late-July of 2019.

Consumer 75

Consumer Use Case On-Demand FinTech 75

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. Small businesses face similar challenges that big retailers face when they transact online, because through marketplaces, they are able to reach out to millions of consumers," he told PYMNTS in a recent interview.

Finance 142

Finance Small Business Underwriting B2C 142

The Finance Weekly

JUNE 22, 2022

Even before the pandemic, business was booming for FCFOs, as between 2019-2020 there was a , 27% increase in CFO resignations creating a CFO talent shortage that has only , gotten worse in 2020 and 2021. In addition, it will create a far more efficient process that will allow FCFOs to take on more customers and add value.

Automation 264

Automation Process On-Demand Audit 264

PYMNTS

NOVEMBER 13, 2020

Consumer Financing Satisfaction Study. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D. Power, said in releasing the J.D. Power 2020 U.S. percent year over year.

Consumer 85

Consumer On-Demand Origination Enrollments 85

PYMNTS

NOVEMBER 22, 2020

Consumers freed by a COVID-19 vaccine from the last eight months of disease-related restrictions could unleash enough spending on services such as travel and dining to drive inflation to levels not seen in years, economists told the Wall Street Journal. Some of that comes from pent-up demand for services.”.

Consumer 67

Consumer Fed Shutdown On-Demand 67

The Fintech Times

JANUARY 17, 2025

Founded in 2017 and headquartered in London, Guavapay says it enjoyed a significant increase in its overall customer base with annual revenue growth of 71 per cent in 2024 compared to the previous year, while nearly tripling the size of its London office team in response to the growing global demand for accessible financial options.

Innovation 59

Innovation Technology Payment APIs and Integration Multi-Currency 59

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. More than two-thirds of consumers (68.1 Among consumers, instant payments accounted for a little more than one in 10 of those disbursements (14 percent). percent in 2019 and 9.5

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

PYMNTS

MARCH 10, 2020

percent of China’s internet users tapped mobile devices to access the web in 2019. Consumer demand for digitized services has been expanding rapidly. . Ant became the world’s most valuable unicorn in July 2019. Alipay, the biggest payment platform worldwide, is aiming to solidify its position in China.

On-Demand 99

On-Demand Service Provider Legal Consumer 99

The Payments Association

MARCH 18, 2025

As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. Ultimately, this convergence fosters a more inclusive and efficient financial ecosystem, benefiting consumers and businesses alike. What’s next?

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Finovate

NOVEMBER 18, 2024

There is increasing demand for faster, safer, and cheaper payment opportunities as cross-border trade activity escalates. Cash usage tanks Since 2019, cash usage across the globe has dropped by 20%. In India, while cash payments still account for 60% of consumer expenditure, digital payments have doubled in the past three years.

Global Payments 69

Global Payments Payments Trends CBDC Embedded Payments 69

PYMNTS

OCTOBER 28, 2020

28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. Management also said on the earnings call that restaurant spending is nearing levels last seen in 2019. Overall, CNP transactions were up 33 percent in the period, indicating that consumers are forming new habits. billion transactions.

Volume 80

Volume Cross-Border Consumer Visa 80

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Debt from the previous holiday shopping season has made these younger consumers credit-shy, but it has not limited their appetite for holiday spending.

BNPL 87

BNPL Alternative Payment Methods Payments Credit Cards 87

PYMNTS

MAY 20, 2020

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. He added that the company’s mission is to “create the first truly personalized fitness concept by delivering smart on-demand video guidance, actionable data and real-time feedback.”.

On-Demand 93

On-Demand Shutdown AI Continuity 93

PYMNTS

APRIL 17, 2020

COVID-19 has driven consumers indoors — and online. Consumers are 30.6 percent more likely to make their purchases online in 2020 than they were in 2019, underscoring the increased reliance on digital commerce now that retail stores are closed until the pandemic recedes. percent to 72.1 percent during the last year.

On-Demand 85

On-Demand Research Consumer Payments 85

Finovate

SEPTEMBER 20, 2024

In our extended conversation, we discussed TBC’s goals in Uzbekistan, nature of banking in Central Asia, what key financial services are in the most demand, as well as how enabling technologies are helping financial institutions in the region better serve their customers. This supports demand for modern digital financial services.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

JANUARY 22, 2021

Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”. In 2019, MoneyGram was the first company in the industry to enable cross-border transfers from the U.S. using Visa Direct. MoneyGram is in favor of a proposal by U.S.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

PYMNTS

DECEMBER 16, 2020

This growth has come with its share of challenges, however, especially as providers aim to keep their services functioning smoothly while demand increases — sometimes exponentially. Experts expect this trend to continue even after the health crisis ends, as SaaS medical apps make it easier for consumers to engage in remote healthcare.

Consumer 74

Consumer On-Demand Origination Privacy 74

PYMNTS

JANUARY 8, 2021

But for all the challenges thrown up by 2020, the surge of consumers online has forced merchants to raise the level of their digital checkout game, according to the latest edition of the PYMNTS Checkout Conversion Index. The year 2020 saw the overall index score rise by 2.2 percent for online and 1.4 percent), however.

On-Demand 104

On-Demand Consumer BNPL Innovation 104

PYMNTS

JULY 1, 2020

The pandemic is likely to hit demand for luxury goods hard, with tourism expected to be in a downturn for some time and the Chinese economy having slowed after driving substantial growth in recent years. billion compared to 2019. billion in 2019. billion in 2019. percent this year, a fall of $2.1

Continuity 98

Continuity On-Demand Economy Consumer 98

The Finance Weekly

SEPTEMBER 14, 2022

The retailer, like others in the home goods industry, benefited from increased demand at the start of the pandemic as consumers actively sought new products for their homes. Longstanding Problems The problems at Bed Bath & Beyond started long before Tritton became CEO in late 2019. The quality wasn’t good.

On-Demand 130

On-Demand Risk Product Assessments 130

Finovate

MARCH 13, 2025

” Since it was founded in 2019, Banyan has analyzed more than 20 billion receipts and processed hundreds of billions of dollars in spending. Allowing consumer packaged goods companies to offer targeted rewards when residents purchase specific products at neighborhood merchants.

Acquirers 52

Acquirers Credit Cards AI On-Demand 52

PYMNTS

SEPTEMBER 17, 2020

billion in 2019 feeding and caring for their pets. According to Packaged Facts , as cited in Pet Product News, eCommerce was the fastest growth channel for pet product sales in 2019, surging 24 percent to $12.2 Earlier in the year we experienced a roller coaster as consumers stocked up and then sheltered at home,” says MacDonald.

On-Demand 95

On-Demand Product Consumer Innovation 95

Clearly Payments

OCTOBER 7, 2024

As lockdowns and social distancing measures took effect, consumers were forced to adopt digital channels for shopping and payments, leading to a significant rise in e-commerce. Consumers quickly embraced mobile wallets and tap-to-pay cards, driven by the desire to minimize physical contact during transactions. in 2020, reaching $4.28

Cross-Border 105

Cross-Border Processors Multi-Currency Contactless Payments 105

Fintech News

JANUARY 24, 2024

The criterion for inclusion was stringent: fintech startups had to exhibit a substantial revenue increase from a minimum of S$150,000 in 2019 to at least S$1.5 With S$1,198,972 in 2019 revenue rising to S$3,377,749 in 2022, Spark Systems experienced a 41% CAGR over the period. million by 2022.

FinTech 114

FinTech Payment APIs and Integration On-Demand Innovation 114

PYMNTS

NOVEMBER 12, 2020

Amazon launched its Key In-Garage Delivery service in early 2019 in an effort to thwart package theft by so-called “porch pirates.”. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct. consumers reported having a Walmart+ membership, just a bit more than a month after its launch.

NOV 105

NOV On-Demand Volume Consumer 105

Fintech Finance

OCTOBER 9, 2024

Founded in 2019 and based in Lima, Peru, B89 is at the forefront of digital banking, offering transparent, fair, and secure financial services through fully digital experiences. The post MeaWallet and B89 Join Forces to Enhance Digital Payments with Advanced Tokenization appeared first on FF News | Fintech Finance.

Digital Payments 98

Digital Payments Push-to-Card Cross-Border Payments 98