PYMNTS

NOVEMBER 18, 2020

Mortgage originations, including refinances, continued on their upward trend as homeowners continue to take advantage of the low interest-rate environment,” Donghoon Lee , research officer at the New York Fed, said in the report, which tallied numbers through Sept. percent in 2019. percent in 2019. Mortgage debt hit $9.86

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

The Fintech Times

NOVEMBER 4, 2024

In 2019, the central bank then introduced the ‘Payment and Settlement Act’, which provided the legal basis for the development, promotion, expansion, monitoring, and regulation of payments, settlement and clearing systems in the country. The post Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

Finovate

SEPTEMBER 10, 2024

We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond.

Deepfake 111

Deepfake Innovation Advisors Risk Management 111

PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As with 2019 transaction volume exceeding $1.5

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

Fintech Finance

JULY 18, 2024

Rob, a Chartered Accountant, joins the Boku executive team and Board having spent over 25 years at Natwest Group plc (formerly Royal Bank of Scotland Group plc) where he held a number of senior roles, including Finance Director for Commercial and Private Banking from 2014 – 2019, which accounted for £5.7bn annual revenues in 2019.

Non-Bank 98

Non-Bank Payment Solutions Mobile Payments Finance 98

PYMNTS

NOVEMBER 16, 2020

A new report from TransUnion shows that average consumer-level credit card balances have declined during the course of the COVID-19 pandemic and now stand at $5,075 as of Q3 2020, down from $5,668 in Q3 2019. The recent declines in total credit card balances reverse a three-year trend between the third quarters of 2017-2019,” said TransUnion.

Credit Cards 121

Credit Cards Online and Mobile Banking Consumer Research 121

PYMNTS

JUNE 29, 2020

The money represented around a quarter of the total revenue the company had between 2016 and 2019. Earlier this year, EY said it had refused to sign off on Wirecard’s 2019 accounts due to the discrepancies and false statements around the missing money.

Audit 130

Audit Risk Management Accounts Risk 130

PYMNTS

JANUARY 6, 2021

billion in 2019, with 66 percent of that number used to pay for pet food. There weren't any hard numbers at the time of the report on how this had changed during the pandemic, but anecdotal reports said the increases continued as people sought comfort during the strange times. In 2019, Petco saw its shares go up 9 percent and hit $3.58

On-Demand 102

On-Demand Continuity Innovation Accounts 102

PYMNTS

DECEMBER 14, 2020

In the How We Will Pay: Connected Devices research brief, a PYMNTS and Visa collaboration, we explore how the types of connected devices that consumers own are shifting as their lives continue to revolve around home. Thirty-three percent of consumers now own voice assistants, in fact, up from 31 percent in 2019 and 27 percent in 2018.

Consumer 111

Consumer Research Use Case Continuity 111

Fintech News

JANUARY 3, 2024

Founded in 2019 in Singapore, dtcpay is a regulated payment service provider in the Web 3.0 dtcpay said in a statement, “As we embark on this new chapter under Anson’s leadership, we anticipate an era of continued growth, innovation, and unwavering commitment to compliance and security. payments industry.

Web 3.0 101

Web 3.0 Compliance Cryptocurrency Blockchain 101

PYMNTS

OCTOBER 18, 2020

score in July, according to the Journal, was 711 — up from 708 in April 2020 and 706 in July 2019. Even as they're paying down debt, Americans continue to spend money, data suggests. 16 that retail sales in September exceeded those in August 2020 and September 2019. The widely-used FICO credit score can range from 300 to 850.

Consumer 103

Consumer Push-to-Card Credit Cards Checks 103

Fintech Finance

NOVEMBER 6, 2024

Data from 2019 to 2024 indicates that nearly 45% of Swedes are now aware of or have actively used Trustly’s products. Johan Tjärnberg, Group CEO of Trustly said: “It has been fascinating to see the ways in which payment behaviors and preferences have continued to evolve among Swedes this year.

Payments Trends 97

Payments Trends Payments Payment Solutions Continuity 97

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”. using Visa Direct.

P2P 107

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

PYMNTS

NOVEMBER 30, 2020

percent increase from the share who did so in 2019. 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. Our research shows that 74.1 It is also 27.1 This compares to 45.1

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

Fintech News

MARCH 10, 2024

UOB’s analysis reveals a 70% surge in total billings for the UOB Lady’s Debit and Credit Cards from 2019 to 2023, with transactions more than doubling in the same timeframe. We leverage these useful insights to continually enhance our products and offerings for ladies.

Credit Cards 96

Credit Cards Deposit Account SWIFT Adjustments 96

Fintech Finance

JULY 8, 2024

He oversees the modernisation of NatWest’s payments technology estate, with responsibility for the run, change and continuous availability of payments as a systemically critical participant in the industry. Commenting on his appointment, Ian said: “NatWest and Icon have been working collaboratively to modernise payments since 2019.

ISO 20022 97

ISO 20022 Message Standards Payments Strategy ISOs 97

PYMNTS

NOVEMBER 25, 2020

Financial firms expect that the cost to defend against cyberattacks will continue to increase in 2021, according to Bloomberg , citing a survey done by Deloitte & Touche LLP. Morgan Chase found that 81 percent of business owners reported experiencing payments fraud in 2019. And in another recent study, J.P.

Cybersecurity 121

Cybersecurity Credential Compromise Authentication 121

Fintech News

MAY 8, 2024

He played a crucial role in the company’s public listing on the New York Stock Exchange in 2019. He will be a strong addition to our leadership bench, and I look forward to his contributions as we continue to deliver on our promise of providing reliable and seamless banking to our customers.”

Cybersecurity 96

Cybersecurity Technology Continuity Innovation 96

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 107

FinTech Payment APIs and Integration On-Demand Innovation 107

PYMNTS

NOVEMBER 15, 2020

consumers have been paying down payments on credit cards with the pandemic continuing to hamper spending opportunities, which has led to dramatically falling bank card loans, The Financial Times (FT) reports. According to the report, the total amount of card loans in U.S.

Credit Cards 120

Credit Cards Consumer Bank Card Checks 120

Fintech News

JANUARY 15, 2024

Lifepal was founded in 2019 by former Lazada executives Giacomo Ficari and Nicolo Robba, to offer over 300 policies across health, life, automotive, property, and travel. The company will continue providing online comparison services for car and health insurance.

Acquirers 94

Acquirers Underwriting Continuity FinTech 94

Fintech News

FEBRUARY 25, 2024

As a result, the authorities are investigating the firm for potential fraudulent trading under the Insolvency, Restructuring and Dissolution Act 2018, alongside violations of obligations under the Financial Services and Markets Act 2022 and the Payment Services Act 2019.

Authorization 93

Authorization Laws Business Day Compliance 93

PYMNTS

NOVEMBER 25, 2020

billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. Katie Palencsar , head of Female Innovators Lab, told Bloomberg that male founders are in the majority, “so we continue to see more dollars going there as those rounds expand.” Companies that did get funding received only 0.9

FinTech 115

FinTech NOV PayPal Visa 115

Fintech News

MARCH 12, 2024

This approval will permit OKX to engage in the provision of digital payment token (DPT) and cross-border money transfer services in Singapore, in compliance with the Payment Services Act 2019. The firm says it is now set to develop a tailored suite of products and services for the local marketplace.

Cross-Border 99

Cross-Border Regulatory Compliance Best Practices Cryptocurrency 99

PYMNTS

APRIL 13, 2020

The last time we had earnings season, stretching from mid-January into the end of February, banks pointed to the continued strength of the U.S. March, of course, marks the month during which untold millions of businesses were shuttered, and, in the past few weeks, as many as 16 million Americans filed for unemployment.

Online and Mobile Banking 124

Online and Mobile Banking Credit Cards Zelle P2P 124

Fintech Finance

JUNE 27, 2024

His vision and dedication have been invaluable to our success, and I am confident that under his leadership, we will continue to achieve outstanding results.” To that end, I have the clear brief to continue to make everything we do here at Nium all about the customer. Appointing Spencer to COO was a natural decision.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Advisors Continuity 98

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

Fintech Finance

NOVEMBER 11, 2024

This new collaboration marks the continuation of a long-standing strategic partnership between the two companies and aims to digitize and optimize payment flows between travel agencies and the various suppliers associated with travel bookings. billion recorded in 2019.

Visa 98

Visa B2B Cross-Border Payments Cross-Border 98

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”. For airlines, looking toward the future leads to a longing for the past. Uncertainty, we note, leads us to seek certainty.

Returns 116

Returns Volume On-Demand Continuity 116

Fintech News

NOVEMBER 6, 2024

When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 ASEAN’s fintech sector continues to show promise, supported by improving macroenvironment and emergence of advanced technologies. The recent interest rate cuts by the US Federal Reserve are expected to support further growth.

FinTech 96

FinTech Federal Reserve Cross-Border Innovation 96

The Fintech Times

SEPTEMBER 14, 2024

Building on previous policies, in 2020, six core strategic industries were introduced to link investment through Taiwan’s ‘Three Major Plans’ of 2019. In 2019, the FSC approved three consortia, led by LINE Corp., Fintech will continue to play a vital role in shaping Taiwan’s future development.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

PYMNTS

DECEMBER 20, 2020

In particular, Norcross has said he wants to continue to grow through acquisitions. FIS struck a $35 billion deal to buy Worldpay early in 2019, while Global Payments bought Total Systems Services, or TSYS, months after that, WSJ reported. FIS' revenues increased 13 percent to $3.19

Global Payments 104

Global Payments Payments Facilitators Economy 104

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. That caused the infrastructure financier to fall in 2018 and the government seizure of a mortgage lender in 2019. The Reserve Bank of India , according to the Friday (Jan.

Non-Bank 109

Non-Bank Central Bank Regulations Rules 109

PYMNTS

DECEMBER 21, 2020

It recently opened its first digital-only location after reporting that its digital sales grew by 203 percent in Q3 compared to the same period in 2019. The recent digital ordering surge is anticipated to continue well after the pandemic ends, with another study finding that digital will represent a majority of QSRs’ sales by 2025.

AI 120

AI Contactless Payments Innovation Research 120

Fintech Finance

JULY 30, 2024

Swedish fintech, Brite Payments , continues to solidify its position as a leader in account-to-account (A2A) payments, also known as ‘Pay by Bank’, with a number of milestones in the first half of 2024 amid widespread industry recognition.

Instant Payments 98

Instant Payments Payments Accounts End User 98

The Fintech Times

SEPTEMBER 27, 2024

Wave Money played a key role in increasing mobile connectivity, with penetration rates soaring from 10 per cent in 2014 to 95 per cent by 2019. Yet, there is hope that Myanmar can continue to develop and further digitalise its economy in the coming years.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

PYMNTS

DECEMBER 24, 2020

From a strictly retail perspective, however, the digital shift produced three major trends, presented here with quotes from executives that appeared on our pages: direct-to-consumer sales, the continued decline of malls and department stores and the accelerated growth of Amazon, Target and Walmart. Now compare it to Q2 2019 and the 6.4

Economy 118

Economy Consumer On-Demand Shutdown 118