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. Moreover, the average spending per Lady’s Credit Card user increased by over 50%.
PYMNTS
JULY 10, 2020
The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business. percent of total revenues) in 2019 and $38 million (65.4 million, or 74.7 percent of total revenues, up from $64.5
PYMNTS
SEPTEMBER 3, 2019
. “Starling understands that many SMEs want to manage their banking online as well as through mobile applications and to support this, it will launch its web portal in Q3 2019,” Starling wrote In its update. “Construction of this portal is underway and on track for launch in September 2019.”
PYMNTS
SEPTEMBER 24, 2020
These types of payment flows made up 5 percent or more of the gross domestic product (GDP) for 66 countries in 2019, reaching as high as 20 percent of GDP in nations like Haiti and Nepal. . Another study found that the number of correspondent banking relationships in existence worldwide had dropped 22 percent from 2011 to 2019. .
PYMNTS
OCTOBER 16, 2020
This form of fraud represented 60 percent of deposit account attacks in 2019, for example, and it cost businesses and banks $15.1 Checks are still the most popular B2B payment method despite these drawbacks, accounting for 42 percent of such transactions in 2019. billion in 2018 compared to $8.5 billion in 2016.
PYMNTS
APRIL 7, 2020
The digital payments platform of Galileo provides savings and checking account-like abilities through its open application programming interfaces (APIs). The APIs of Galileo fuel functions including direct deposit, account setup, funding and check balance, among other features.
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. Overall, the 18 countries covered in our map reduced card fraud by 2% in 2019. See the interactive map at www.fico.com/europeanfraud. But there were also some worrying increases. by Toby Carlin.
Expert insights. Personalized for you.
107 
Let's personalize your content