PYMNTS

JANUARY 29, 2020

Management expressed confidence about continued uptake of new payment flows such as with instant payments, and contactless payments in card-present situations. Supplemental materials from the company show that gross dollar volumes were up 12 percent year on year to $1.7 billion in the fourth quarter of 2019.

Volume 53

Volume Cross-Border Visa B2C 53

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

PYMNTS

JANUARY 14, 2021

percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. Payments credit union service organization (CUSO) PSCU reported 11.4 The two weeks leading up to Thanksgiving, which spanned from Nov.

Volume 62

Volume Credit Union Credit Union Service Organization NOV 62

PYMNTS

FEBRUARY 26, 2020

As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. In a call with analysts, CEO and Founder Julie Wainwright noted that the company generated a GMV of $1.008 billion for the full year 2019. reported a contribution profit per order of $19.72 and buyer acquisition cost (BAC) of $114 for the year.

Adjustments 52

Adjustments Non-Bank Volume Continuity 52

PYMNTS

MAY 2, 2019

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. The company said that gross payment volume (GPV) surged 27 percent to $22.6 The payment firm’s adjusted earnings per share was $.11,

Volume 56

Volume Debit Card Point-of-Sale (POS) Push-to-Card 56

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. Yet he questioned whether that strength could continue, as the economy continues to be hit by the pandemic. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. Yet he questioned whether that strength could continue, as the economy continues to be hit by the pandemic. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

FICO

MARCH 14, 2023

To address this disconnect and truly operationalize AI, guardrails must be in place such that the overall Corpus AI continues to perform while components change. The trick is how to select the solution that minimizes behavior impedance mismatches across the dataset, so rules continue to be effective.

AI 52

AI Continuity Rules CHIPS 52

PYMNTS

OCTOBER 24, 2019

24), with a rise in loan origination volume. “We We had a solid third quarter as origination volume increased, credit quality improved and we commenced our share repurchase program, clearly steps in the right direction as we advanced our strategic initiatives,” Chief Executive Officer Noah Breslow said on a conference call with analysts.

Origination 40

Origination Volume Adjustments Small Business 40

The Fintech Times

SEPTEMBER 9, 2024

In 2019, the company registered as a Prospective Physical Crypto Asset Trader (CPFAK), navigating a rigorous licensing process to meet all the stringent requirements set by the regulator. Over the past two years, Tokocrypto has continuously strengthened its commitment to maintaining high standards of regulatory compliance. 13 of 2022.

Regulatory Compliance 64

Regulatory Compliance Compliance Regulations Continuity 64

PYMNTS

FEBRUARY 13, 2020

Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. The company also saw continued growth in its Shell and Chevron business, and a higher-than-expected contribution from the U.S. healthcare payments business over the past year.

Volume 60

Volume B2B Caps Transactions 60

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

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. percent innovating to improve business analytics.

Online and Mobile Banking 68

Online and Mobile Banking Blockchain Venmo P2P 68

FICO

DECEMBER 20, 2018

Here’s my prediction for 2019: Machine learning will not only be critical in improving the accuracy of data models but also to driving data efficiency. Working on interesting and challenging business problems and continuing to advance one’s technical skills, e.g., machine learning, are very exciting for these teams.

Automation 58

Automation On-Demand Volume Transactions 58

CB Insights

FEBRUARY 12, 2019

Download the free report to learn about the biggest emerging trends in enterprise IT and strategies to watch for 2019. In 2019, one of the top enterprise IT trends will be accelerated SD-WAN adoption across industries. In 2019, one of the top enterprise IT trends will be accelerated SD-WAN adoption across industries.

Database 55

Database CHIPS Automation Origination 55

PYMNTS

JULY 28, 2020

For the current year, IATA’s forecasters see a decline in revenue passenger kilometers of 55 percent compared with 2019. Forecasters attributed their gloomier forecast to continued spread of the virus in the U.S. June 2020 traffic was off 86.5 percent compared with a year ago. May 2020 traffic was even worse, off 91 percent.

Volume 56

Volume On-Demand Economy Returns 56

PYMNTS

AUGUST 6, 2020

Sales began to rebound from the pandemic’s economic effects in late April, the company said in the letter, and continued to improve through the quarter with around 40 percent more year over year. “We are currently seeing more demand for our offering than we’ve ever seen in our history,” the company said in the letter.

Posting 61

Posting Volume Product Continuity 61

The Fintech Times

SEPTEMBER 7, 2024

Transaction volumes of inbound tourists using Ant Group-supported mobile payment services grew by sixfold between March and August 2024 year-on-year, according to Cyril Han , president and CFO of Ant Group. .” Both American Express and Alipay will share more information with our customers, stay tuned.”

Cross-Border 59

Cross-Border Mobile Payments Cross-Border Payments Payment Solutions 59

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

MAY 23, 2024

Konsentus’ data reveals that in September 2019, 34% of the total number of EEA TPPs could passport their open banking services to other EEA markets however, in March 2024, this figure had reached 52% – an overall increase of 53%. In September 2019, the percentage of EEA TPPs who could initiate payments on an account holder’s behalf was 52%.

Cross-Border 52

Cross-Border Non-Bank Payments Regulations 52

PYMNTS

NOVEMBER 5, 2019

The MoneyGram “powered by” white-label Walmart2World product made up about 9 percent of company revenues in Q3 of 2019. MoneyGram said it is difficult to predict how the new marketplace will affect volumes and profit margins. MoneyGram has locations in over 200 countries and territories around the world.

Continuity 40

Continuity NOV Adjustments Agreements 40

FICO

JANUARY 25, 2019

Synthesising insights from a large number of sources allows the pricing teams to quickly tweak their strategy to market trends, continue to meet internal KPIs and deliver the right price to the right customer, at the right time. Understanding the volume/margin trade-off is vital when responding to changes in regulatory caps.

Caps 74

Caps Returns Governance Government 74

Fintech News

JUNE 25, 2024

However, as the company’s user base skyrocketed and transaction volumes soared, it became evident that a robust and scalable technological foundation was crucial to sustain this meteoric rise. Zikry revealed that their initial setup using MySQL-like databases struggled to cope with the escalating transaction volumes during peak events.

Database 102

Database Volume On-Demand Disaster Recovery 102

PYMNTS

APRIL 12, 2019

One key driver: Continued strength in the consumer division, marked by credit card use and deposit growth. Drilling down into the consumer unit, the company said core consumer loan volume was up 3 percent. The company’s card sales volume in the quarter was $172.5 billion, up 10 percent; merchant processing volume was $356.5

Volume 43

Volume Credit Cards Community Banks Consumer 43

PYMNTS

JANUARY 30, 2020

Visa ’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. The company said that payments volume was up 8 percent year over year to $2.3 The company said that payments volume was up 8 percent year over year to $2.3 and beyond.

Contactless Payments 91

Contactless Payments Transactions Cross-Border Volume 91

FICO

SEPTEMBER 16, 2020

Whilst data compromises drove up card fraud in the UK in 2018, they were not at the same scale and ferocity as 2019. UK banks continued to strengthen and improve their systems, taking the learnings from the 2018 spikes to better control future compromises, and take the next steps forward to further improve Card Not Present (CNP) protection.

Monetary Loss 52

Monetary Loss Compromise Deposit Account Volume 52

The Fintech Times

JANUARY 22, 2024

Tom Randklev, global head of product at payment orchestration company CellPoint Digital Since 2019, online fraud has spiked by more than 52 per cent, with one report indicating that €80billion was lost to online fraud across physical and digital goods and e-ticketing in 2021.

Payments 59

Payments On-Demand Volume Account Takeovers 59

PYMNTS

APRIL 27, 2020

Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Despite the strong movement of consumer staples during the second half of March, both the shipment and spend indexes contracted from Q4 2019,” the report said. Bancorp Freight Payment Indexes.

Shutdown 52

Shutdown Payments Volume On-Demand 52

Fintech Finance

MAY 29, 2024

Founded by Brandon Timinsky in 2019, SadaPay quickly became one of the fastest growing Electronic Money Institutions globally, reaching 1 million users in record time. billion in annual payment volume. SadaPay will continue its growth journey with its brand.”

Acquirers 52

Acquirers Debit Card P2P FinTech 52

PYMNTS

JANUARY 30, 2020

PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. In Q4 of 2019, PayPal saw adjusted earnings per share rise to $.86 In Q4 of 2019, PayPal saw adjusted earnings per share rise to $.86

PayPal 85

PayPal Venmo Volume Cross-Border Payments 85

The Fintech Times

MAY 1, 2024

The current economic landscape across the UK continues to increase pressures on consumer pockets. per cent) also saw an increase in the volume of complaints. Continuing this trend, current accounts complaints rose by one per cent from 509,923 in 2023 H1 to 515,336 in 2023 H2. As a result, complaint volumes subsequently increase.

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) Volume Consumer On-Demand 59

PYMNTS

APRIL 6, 2020

Yet, consumers continue to overwhelmingly prefer physical transactions over contactless methods. percent reported in 2019. In fact, Apple Pay’s usage rate declined modestly from 2019 and to an even greater extent from late 2017, when it peaked at 6.9 Usage of Walmart Pay declined to an even greater degree since 2019, from 4.5

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

Fintech News

APRIL 1, 2024

According to the report, payment and crypto were the most targeted sectors by identity fraud attacks, with payments continuing to take the top spot in Q4 2023 by representing nearly half of all global fraud attempts during that quarter. Ransomware payments using cryptocurrencies reached US$1.1

Ransomware 105

Ransomware Payments Scams Bitcoin 105

PYMNTS

SEPTEMBER 9, 2019

The eCommerce brand Shopify is expected to pass eBay and become the second largest platform in the world in terms of sales volume behind Amazon , according to a report by CNBC. 9) that if it continues on its current course, Shopify will surely pass eBay. Its total merchant sales volume went up to $13.8

Volume 69

Volume Caps Research Continuity 69

PYMNTS

OCTOBER 23, 2020

In the current environment, consumers continue to behave cautiously, spending less, saving more and paying down debts. Capital One said its domestic cards’ average loans fell 6 percent compared to Q3 2019 to $97.3 Purchase volume likewise dropped 1 percent year over year to $98.1 Capital One reported on Thursday (Oct.

Adjustments 70

Adjustments Consumer Volume Continuity 70

PYMNTS

MAY 7, 2020

said in its Q1 results on Thursday (May 7) that the pandemic, and conditions stemming from it, “have had, and continue to have, a material adverse effect on the businesses.”. The gains were offset in part by lower travel and fleet volumes in the second half of the quarter. million – up 15 percent from the first quarter of 2019.

Agreements 61

Agreements B2B Acquirers Volume 61

PYMNTS

AUGUST 6, 2020

billion for its second quarter 2020 — a jump of 129 percent from Q2 2019 — Fiserv President and CEO Frank Bisignano said Wednesday (Aug. billion in the comparable 2019 period. Reporting revenues of $3.47 5), “We demonstrated the strength and resilience of our business model during the quarter.”. billion and 231 percent to $1.92

Zelle 61

Zelle Card Issuer Issuers Volume 61