PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

On-Demand 56

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

Fintech Finance

DECEMBER 17, 2024

According to Visa Business and Economic Insights based on VisaNet data, inbound tourist spending on luxury retail in Vietnam has grown by 168% since 2019. We’re seeing significant increases in spending per active card, overseas spending, and contactless payments. Vietnams stable inflation and projected GDP growth of 6.1%

Payments Trends 84

Payments Trends Cross-Border AI Payments 84

Fintech Finance

OCTOBER 9, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization announces its partnership with B89 , a pioneering TechFin (fintech fully driven by technology and data) company dedicated to creating Latin America’s first cross-border Neobank.

Digital Payments 96

Digital Payments Push-to-Card Cross-Border Payments 96

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.”.

P2P 107

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

Fintech News

OCTOBER 10, 2024

Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. India banks are also investing in technology to enhance digital customer acquisition, leading to a rising demand for customer relationship management (CRM) platforms to handle leads from various channels.

Payment APIs and Integration 103

Payment APIs and Integration Innovation API Push-to-Card 103

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

PYMNTS

DECEMBER 9, 2020

Now, we’ve moved to offerings like Visa Direct, which enables real-time push payment capabilities across account-to-account interactions — domestic and across borders — for consumers and small businesses. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

CB Insights

FEBRUARY 20, 2020

All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT. Nearly 50% of 2019 funding was concentrated in 83 mega-rounds ($100M+) totaling $17.2B. Click to enlarge. .

FinTech 80

FinTech Debit Card Payment APIs and Integration Push-to-Card 80

PYMNTS

JANUARY 20, 2020

In early September 2019, reports emerged that Amazon was testing hand recognition-based payments at Whole Foods locations using its New York employees and some custom-fitted vending machines as an initial experiment. The rumors about hand-based payments out of Amazon have been building for the last few months.

Payments 110

Payments Push-to-Card Point-of-Sale (POS) Issuers 110

FICO

DECEMBER 10, 2020

These and other milestones have come to pass, pushing enterprise-scale AI solidly into the “early adoption” phase, as defined by “Chasm” author Geoffrey Moore. Last year I predicted that artificial intelligence (AI) would grow up , with major infrastructure developing around Responsible AI , AI advocacy and AI governance.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

PYMNTS

NOVEMBER 25, 2020

This represents a staggering fivefold increase over the number of American banks that reported being able to access real-time payment capabilities in September 2019. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2 Around The Real-Time Payments Space.

Payroll 104

Payroll Real Time Payments P2P Zelle 104

PYMNTS

DECEMBER 11, 2018

One sees the Uber of X description, and it is easy to tune out and think “oh look, something else on demand.”. “When you get it on Amazon Prime , all you do is enter your credit card and it shows up in the mail.” “When you get it on Amazon Prime , all you do is enter your credit card and it shows up in the mail.”

On-Demand 66

On-Demand Push-to-Card Credit Cards Acquirers 66

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 13, 2021

India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid the ongoing COVID-19 pandemic. “We It also provides lending services such as merchant cash loans, personal loans, and credit cards.

Push-to-Card 62

Push-to-Card Credit Cards On-Demand Contactless Payments 62

PYMNTS

JULY 31, 2019

Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. And that’s where we come to FinTech. As FinTech continues to grow, it becomes ever more clear that the endeavor, to put it one way, is a massive team sport. Whole Ecosystem. “If

Innovation 76

Innovation FinTech Push-to-Card Digital Payments 76

PYMNTS

DECEMBER 23, 2019

This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television. Something remarkable happened about halfway through the 2010s or at least something that ought to have been. Americans stopped talking to each other.

Online and Mobile Banking 52

Online and Mobile Banking Cybersecurity Best Practices Economy 52

PYMNTS

APRIL 18, 2019

Sheley remarked that, as the second decade of the 21st century is coming to a close, and “digital-friendly endpoints” have exploded with the possibilities and demand for instant payments, now is not only possible, but game-changing, especially for SMBs. “When do you want to get paid?” That is a game-changer for the little guy.”.

Debit Card 90

Debit Card Small Business Push-to-Card Instant Payments 90

PYMNTS

FEBRUARY 27, 2019

There might be one word that consumers would use to describe the state of disbursements in early 2019: mediocre. The “glass half full” look at that score, Edwards observed, is that there’s a lot of room for improvement in a world where consumer expectations for access can be summed up in two words: on demand. on a scale of 100.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. PYMNTS research shows 11.5 Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

MARCH 19, 2019

Behind the billions of dollars — OK, make that tens and tens of billions of dollars — in deal-making that has marked the payments space in the just the first few weeks of 2019, lies, of course … strategy. It’s a mighty striving to push together the network, the platform and the use cases. As estimated by U.K.

Cross-Border 76

Cross-Border Push-to-Card Use Case Payments 76

PYMNTS

DECEMBER 2, 2020

Instead, we were presented with a guidance range that is so conservative that it seems almost impossible for management to miss, and a gradual three-year timeline that implies it will take ACI almost another two years from today just to get back to its 2019 revenue base and start producing new organic growth.”. In Transition.

Push-to-Card 77

Push-to-Card Bitcoin Real Time Payments On-Demand 77

PYMNTS

DECEMBER 12, 2019

11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S. Yesterday (Dec.

Contactless Payments 66

Contactless Payments Push-to-Card Payments Use Case 66

CB Insights

JUNE 17, 2020

Finance: Demand for contactless options accelerates digital adoption. The Covid-19 pandemic has pushed health services online. As the Covid-19 pandemic has charted its unprecedented path around the world, it’s carried with it the question: What will Covid-19’s legacy be? Table of Contents. Table of Contents. Teletherapy.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

AUGUST 12, 2019

By the numbers, 2019 is a good year for corporate card innovation. Opportunity, however, is almost impossible to take on without risk — and for FIs, even the relatively blue ocean environment of corporate cards can become quickly turbulent. Among top-performing financial institutions, 86.7 That compares to 68.6

Push-to-Card 62

Push-to-Card Innovation Risk FinTech 62

PYMNTS

FEBRUARY 5, 2020

And while consumers were certainly spending at a more than respectable clip during holiday 2019, the ways they were spending began showing some notable changes, particularly among younger shoppers. in the last 18 months, reported a particularly robust 2019 holiday season, seeing $160 million in sales from Black Friday and Cyber Monday alone.

Consumer 57

Consumer BNPL Credit Cards Push-to-Card 57

PYMNTS

DECEMBER 24, 2020

A global pandemic that all but shut down the worldwide travel business for months wasn’t enough to stop this IPO from getting off the ground. The stock then soared 112.8 percent to end its first trading day to close at $144.71. With revenues collapsing, the company borrowed $2 billion and laid off 1,900 employees just to stay alive.

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

JUNE 3, 2020

Some researchers estimate that Americans left close to $40 million of healthcare refunds and rebates in the form of paper checks unclaimed between 2012 and 2019, illuminating inefficiencies around healthcare’s rigid billing and payments systems. Pushing Past Paper. For many, it’s very difficult. Real-Time Payments Get Healthy.

Faster Payments 63

Faster Payments Payments Checks Push-to-Card 63

The Fintech Times

MAY 22, 2024

In its Annual Fraud Report 2024 , UK Finance detailed the amount its members reported as stolen through payment fraud and scams, with a primary focus on authorised push payment (APP) fraud and unauthorised fraud. ” Unauthorised fraud losses Unauthorised fraud is when your card details are used by someone else without your permission.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

PYMNTS

MARCH 7, 2019

New technologies keep emerging in the fight against fraud — biometrics, for instance — but they are not the only part of pushing back against criminals and preventing them from stealing data and money. He offered a report on the state of digital identity in early 2019. Biometric Card Growth. And that includes selfies.

Fraud Prevention 69

Fraud Prevention Verification Authentication Push-to-Card 69

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Grocery delivery app Instacart reportedly recently chose Goldman Sachs to lead its upcoming IPO. Grocery delivery app Instacart reportedly recently chose Goldman Sachs to lead its upcoming IPO. Then shares soared 85.8

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

PYMNTS

APRIL 23, 2019

Chipotle Mexican Grill , in one case, plans to open up to 155 new restaurants this year as part of a push to solve what CEO Brian Niccol has called the “No. The company has also installed digital pickup lines in 1,000 locations, with the full rollout said to happen by mid-2019. percent — innovated to remain competitive.

Innovation 60

Innovation Point-of-Sale (POS) Payments Push-to-Card 60

PYMNTS

OCTOBER 29, 2019

In the 2019 Disbursement Satisfaction Report , PYMNTS surveyed more than 5,000 U.S. However, there is still a gap between consumer demand for instant payments and payers’ readiness to offer them; 42.2 percent of disbursement recipients were paid via instant payments in 2019, but 51.6 Adoption Soars. Specifically, 38.2

Instant Payments 40

Instant Payments Tax Refunds Debit Card Real Time Payments 40

Fintech Finance

DECEMBER 13, 2023

It will be able to deliver localized and cross-border money transfer services, alongside supporting merchant acquisition services to an eager and increasingly demanding universe of local and international merchants conducting business within this marketplace. billion) in 2019 to an estimated SGD19.8 million in 2019 to 39.3

Payments Institute 52

Payments Institute APACS Cross-Border Push-to-Card 52

PYMNTS

DECEMBER 24, 2020

And while the shift to digital in grocery wasn’t premised on quite the same type of necessity seen in restaurants, consumer’s pressing concerns about their safety combined with the increased convenience of digital shopping have pushed the grocery game online in heretofore unseen ways. It’s almost enough to make one lose their appetite.

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82