PYMNTS

APRIL 16, 2019

Chief Executive Brian Moynihan cited demand for credit from middle-market business, and noted that was “good news for the economy overall.” However, the bank’s trading desks were sluggish, weighed down by the early 2019 U.S. On the debit front, BoA reported first-quarter debit purchase volume of $78.5 interest rates.

Zelle 61

Zelle Transactions P2P Mobile Banking 61

FICO

APRIL 28, 2020

The winners of the 2019 FICO® Decisions Awards can now be formally announced. The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. We thank the 2019 judges for their help in identifying the best nominations.

Financial Inclusion 52

Financial Inclusion Fraud Detection Regulatory Compliance Non-Bank 52

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 110

Database Volume On-Demand Disaster Recovery 110

PYMNTS

JULY 28, 2020

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. For the current year, IATA’s forecasters see a decline in revenue passenger kilometers of 55 percent compared with 2019.

Volume 56

Volume On-Demand Economy Returns 56

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. Business executives are demanding that their teams start building machine learning models. Working with the volumes and variety of Big Data is taking valuable time away from analysts.

Automation 58

Automation On-Demand Volume Transactions 58

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

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

The Fintech Times

JANUARY 22, 2024

Here Tom Randklev, global head of product at payment orchestration company CellPoint Digital , explores strategies for airlines to safeguard their revenue and combat fraud amid increasing travel demand. The bad news is that increased travel demand will only create more opportunities for fraudsters.

Payments 59

Payments On-Demand Volume Account Takeovers 59

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

DECEMBER 2, 2020

United Parcel Service (UPS) is limiting shipping volume for big retailers like Nike and Gap as a means of keeping up with eCommerce delivery demands, according to a report in The Wall Street Journal on Wednesday (Dec. UPS and FedEx have responded to the demand with higher prices and a volume commitment from merchants. “We

Caps 80

Caps On-Demand Volume 80

Clearly Payments

OCTOBER 7, 2024

This shift has placed immense pressure on payment processors to innovate and scale their digital offerings, ensuring they can handle the increased volume of transactions while maintaining security and user experience. In the United States alone, the number of mobile wallet users grew from 64 million in 2019 to over 100 million by 2022.

Cross-Border 88

Cross-Border Processors Multi-Currency Contactless Payments 88

Clearly Payments

OCTOBER 3, 2024

Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion 2019 $4 trillion 2020 $3.8 Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion 2019 $4 trillion 2020 $3.8

Credit Cards 83

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 83

PYMNTS

DECEMBER 28, 2020

28) on CNBC, said the cargo volume is up 50 percent. In November, the port logged 890,000 20-foot-equivalent units of shipments, a 22 percent increase from the same month in 2019. CNBC said this situation is a "stark contrast" to the beginning of the pandemic in the spring when the volume of shipments fell dramatically.

Volume 82

Volume On-Demand Consumer 82

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. As the U.S.

Shutdown 52

Shutdown Payments Volume On-Demand 52

The Fintech Times

MAY 1, 2024

per cent) also saw an increase in the volume of complaints. FCA complaints data since July 2016 While at first glance it appears as though financial services firms have successfully improved their services and reduced complaints, particularly since H2 2019, a deeper dive into the data reveals that this isn’t necessarily the case.

Consumer Financial Protection Bureau (CFPB) 59

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

PYMNTS

OCTOBER 28, 2020

With the rising demand from small businesses during the pandemic, UPS has reported a third quarter revenue of $21.2 Our results were fueled by continued strong outbound demand from Asia and growth from small- and medium-sized businesses. In addition, the consolidated average daily volume increased by 13.5 percent from Q3 2019.

On-Demand 46

On-Demand Volume Adjustments Small Business 46

PYMNTS

JULY 30, 2020

billion for Q2 2019. billion for Q2 2019. billion in second-quarter 2019. On the earnings call, Chief Financial Officer Brian Olsavsky pointed out that Q2 2020’s numbers topped Q4 2019 and that Q3 would be even bigger. As a reminder, Q4 is typically our largest volume quarter for the retail business.

On-Demand 95

On-Demand Volume Continuity Posting 95

PYMNTS

DECEMBER 3, 2020

and Macy’s as it struggled with the unprecedented demand from the pandemic-driven eCommerce surge. A UPS spokesman told the WSJ that the company will pick up packages from customers whose “demand exceeded allocated space” once more capacity becomes available. “We 31, 2019), the pre-pandemic period (Jan. Hot Topic Inc.,

On-Demand 62

On-Demand NOV Returns Volume 62

PYMNTS

SEPTEMBER 29, 2020

Throughout the year, the team has successfully balanced strong demand in our stores with surging digital volume. During that time, more than 10 million new guests shopped Target.com and demand for same-day fulfillment options quadrupled. Another contender has joined the Prime Day counterprogramming battle. On Monday (Sept.

On-Demand 104

On-Demand Adjustments Volume Continuity 104

Fintech News

JANUARY 24, 2024

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends and industries like digital assets and cryptocurrencies.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Stablecoins 98

PYMNTS

JULY 24, 2020

In June, sales volumes increased by 14 percent from May, surpassing forecasts in a Reuters poll of economists. Overall sales volumes rose to within 0.6 Overall sales volumes rose to within 0.6 But when fuel sales, which have dropped as residents stay home, are excluded, volumes were 2.4 percent of February’s level.

Volume 75

Volume Returns Non-Bank Consulting 75

Fintech News

FEBRUARY 21, 2024

Decline in Scamming and Hacking One of the most notable trends in 2023 was the significant reduction in the volume of crypto assets associated with illicit activities, which plummeted to US$24.2 billion (SG$ 32.51 This regulatory foundation established further measures to safeguard investors and ensure market integrity.

Crime 95

Crime Ransomware Scams Stablecoins 95

PYMNTS

AUGUST 14, 2020

Juliet Anammah , chairwoman and head of institutional affairs at Jumia, previously told PYMNTS those tailwinds have started blowing stronger during the past few months as the global public health crisis has increased the volume on demand for digital payments, eCommerce and new series of transaction experiences throughout Africa.

On-Demand 101

On-Demand Volume Digital Payments Addressing 101

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This has been a big focus for the business in response to strong market demand for consumer loans in China.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

MAY 20, 2020

The company’s sales fell 25 percent in April and although there has been an uptick in May, global volumes are still negative, Quincey said, since about 50 percent of the company’s revenue stems from entertainment-type venues like restaurants, theaters and arenas.

Posting 91

Posting Federal Reserve On-Demand Returns 91

PYMNTS

NOVEMBER 2, 2020

The November Order To Eat Tracker® explores the impact of the pandemic on restaurant ordering, and how eateries are responding to the challenges posed by higher ordering volumes and demand for contactless payments. The feature comes amid customers’ evolving demands for contactless experiences.

Contactless Payments 74

Contactless Payments On-Demand Volume Credit Cards 74

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. More recently, the executive said on Fox Business News that a return to previous travel volumes would hinge on a vaccine. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”.

Returns 116

Returns Volume On-Demand Continuity 116

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

JUNE 18, 2020

With Mother’s Day solidly in its pocket, 1-800-Flowers adjusted its sales projections upward Thursday (June 18) as the gift and flower eCommerce company saw record results through the first three quarters of the year combined with unexpectedly high eCommerce demand through the first 10 weeks of its current fiscal fourth quarter.

On-Demand 52

On-Demand Adjustments Volume Continuity 52

PYMNTS

OCTOBER 30, 2020

This year’s mega event is being looked at as a way to measure how formidably consumer demand is rallying in China in the midst of indications that a rebound in household spending has begun widening. The company says it will debut over 2 million new items — two times the amount in 2019. Alibaba will provide two shopping periods.

NOV 56

NOV Cross-Border Consulting On-Demand 56

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.”. Meanwhile, customer demand for delivery services has surged during the pandemic. Amazon said on Thursday (Nov. Customers can then select free in-garage delivery when placing Amazon orders.

NOV 105

NOV On-Demand Volume Consumer 105

PYMNTS

NOVEMBER 30, 2020

Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote in its recent S-1 filing. “We billion during 2020’s first nine months — more than double the $885 million recorded in the same 2019 period.

On-Demand 72

On-Demand Real Time Payments NOV Non-Bank 72

PYMNTS

AUGUST 20, 2020

Despite strong demand for food delivery in India due to dining restrictions wrought by COVID-19, transactions are below pre-pandemic levels because of a supply problem — many restaurants remain closed, delivery company Zomato concluded in a new report. As for Zomato itself, the pandemic appears to have driven an increase in overall demand.

Authorization 80

Authorization On-Demand Research Returns 80

Fintech Finance

MARCH 18, 2024

The eighth annual FT 1000, compiled by the Financial Times and data provider Statista, identifies and highlights the fastest growing enterprises in Europe based on the highest compound annual revenue growth rate over the period 2019 to 2022. The minimum average growth rate required to be included on the list was 36.9%.

Stablecoins 64

Stablecoins Cross-Border Payments Cross-Border Compliance 64

PYMNTS

AUGUST 5, 2020

The revenue and gross profit benefited from an increase in active bitcoin users as well as growth in customer demand for the service. Cash App launched bitcoin deposits in June 2019. million in revenue in the first quarter of 2019. The app boasted 30 million users in June — that’s up from 26 million at the close of 2019. “We

Cryptocurrency 91

Cryptocurrency Bitcoin Direct Deposit Addressing 91

PYMNTS

DECEMBER 3, 2020

and Macy’s as it struggled with the unprecedented demand from the pandemic-driven eCommerce surge. A UPS spokesman told the WSJ that the company will pick up packages from customers whose “demand exceeded allocated space” once more capacity becomes available. 31, 2019), the pre-pandemic period (Jan. Hot Topic Inc., Newegg Inc.

On-Demand 64

On-Demand Returns NOV Volume 64

CB Insights

JUNE 7, 2021

Amid the pandemic-driven acceleration of e-commerce and shift to digital payments, Marqeta has seen rapid growth in revenue and demand for its card-issuing technology. in transaction volume. . Q1’21 was one of the largest quarters on record across deals, funding, exits, and mega-rounds. Download the report to learn more. First name.

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73