PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 6: With Person-To-Person Mobile Tech. 7: With Biometrics.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

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. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Payment APIs and Integration 98

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

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan. Why Uzbekistan?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

The Fintech Times

MARCH 27, 2025

Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border payment solution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and payment solutions for banks and financial institutions.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

Stax

JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Click to Pay completely removes the need to enter credit card information during online purchases, making it more convenient and faster than manual card entry.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

PYMNTS

SEPTEMBER 22, 2020

One recent study estimated that roughly 44 million Americans would tap food delivery apps by the end of this year, up from 38 million in 2019, and another survey predicted that the number of smartphone delivery app users will climb 25.2 percent to 45.6 million this year. That total is predicted to decline to 44.1 million in 2023.

Online and Mobile Banking 102

Online and Mobile Banking Fraud Detection Mitigation Verification 102

Clearly Payments

OCTOBER 7, 2024

Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. Consumers quickly embraced mobile wallets and tap-to-pay cards, driven by the desire to minimize physical contact during transactions.

Cross-Border 105

Cross-Border Processors Multi-Currency Contactless Payments 105

PYMNTS

SEPTEMBER 22, 2020

Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice.

Compliance 76

Compliance Online and Mobile Banking Privacy SWIFT 76

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Mobile Banking Volume 52

PYMNTS

JANUARY 13, 2020

For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. 15) will mark releases from Bank of America and Goldman Sachs. Going Mobile. Tuesday (Jan. Looking at Credit.

Consumer 52

Consumer Online and Mobile Banking Zelle P2P 52

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4 billion by late 2022.

FinTech 132

FinTech Online and Mobile Banking Multi-Currency Non-Bank 132

PYMNTS

JULY 14, 2020

Big banks kicked off the second-quarter earnings season Tuesday (July 14) by reporting COVID-weakened consumer banking revenues, but bright spots in trading and digital. Citigroup reported global consumer-banking revenues of $7.3 The bank reported an approximately $10.5 The bank reported reserve builds of $8.9

Consumer 63

Consumer Online and Mobile Banking Credit Cards Volume 63

PYMNTS

OCTOBER 9, 2020

Digital-first banks, insurance firms and merchants are tasked with protecting against the schemes to keep their customers’ data secure. It also explores what tools or technologies banks, merchants or other entities could use to enhance their email verification and general onboarding process as the volume of fraud attempts continues to grow.

Verification 83

Verification Consumer Online and Mobile Banking Scams 83

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services. Request Quote What Is a Merchant Account?

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. The Commonwealth Bank of Australia has launched a service that seeks to bring these unique types of disbursements into the digital age.

Online and Mobile Banking 67

Online and Mobile Banking Payments Small Business Volume 67

PYMNTS

JULY 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. In its Q2 2019 financial release , Bank of America also gave updates on its mobile and digital efforts.

Zelle 47

Zelle Online and Mobile Banking Debit Card Payments 47

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

AUGUST 23, 2019

Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of the most front-and-center examples. A study from Juniper Research found that mobile ticketing is becoming mainstream in sports, with users predicted to spend $23 billion via mobile in 2023, up from $14 billion in 2019.

Online and Mobile Banking 79

Online and Mobile Banking Push-to-Card Credit Cards Debit Card 79

PYMNTS

JANUARY 17, 2020

BNPL solution provider Afterpay and its competitors are becoming more popular for numerous reasons, as many related services do not charge interest, and can be used for both online and offline purchases. Global retailers’ average mobile cart abandonment rate is approximately 86 percent, according to some studies.

BNPL 52

BNPL Online and Mobile Banking Consumer Addressing 52

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. For the full year 2018, total P2P volume increased 49 percent to about $149 billion.

Venmo 71

Venmo P2P Zelle PayPal 71

PYMNTS

MAY 13, 2019

The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. During Q1 2019, Zelle sent $39 billion through its network via 147 million transactions, the company said in a news release. P2P Impacts.

P2P 79

P2P Zelle Venmo Debit Card 79

PYMNTS

SEPTEMBER 24, 2020

Most banks are familiar with how quickly regulatory requirements can change. One 2019 report noted that there were 220 updates to such requirements worldwide each day, equating to roughly 80,000 in one year. GDPR has been a blueprint for many online data and privacy regulations rolled out around the world.

Compliance 60

Compliance Online and Mobile Banking CCPA Rules 60

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. By its measures, merchants pay $3.13 last year, a 6.5

Online and Mobile Banking 49

Online and Mobile Banking Cross-Border Federal Trade Commission Fraud Prevention 49

PYMNTS

JANUARY 26, 2018

Methods like a one-time password sent by text message (SMS), for example, can cause many consumers to abandon their online shopping carts. 23) that its issuers must offer biometric identification to its account holders by April 2019. Many banks already provide biometric authentication for their online banking apps,” Sass said.

Authentication 66

Authentication Visa Regulations Online and Mobile Banking 66

Fintech News

SEPTEMBER 4, 2024

in 2019 to an estimated 5.8% However, recent stringent regulations imposed by the Reserve Bank of India (RBI) have significantly impacted the sector, leading many fintech companies to reassess their BNPL strategies. in 2023, according to GlobalData. Ola’s massive ecosystem makes it a formidable player in India’s BNPL space.

BNPL 101

BNPL Online and Mobile Banking Credit Limit Credit Cards 101

Fintech News

FEBRUARY 20, 2024

In 2022, the country was home to 993 active fintech companies, representing about 25% of all fintech ventures operating across the ASEAN region, data from a 2022 report by the United Overseas Bank (UOB), PwC Singapore and the Singapore Fintech Association (SFA) reveal. billion to US$15 billion during the period. in July 2023.

FinTech 122

FinTech Payment APIs and Integration Online and Mobile Banking Security 122

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

APRIL 15, 2020

Customers of Microsoft can access digital purchase receipts through Canadian tech services firm Ethoca , a subsidiary of Mastercard , and its partnerships with a growing matrix of banks. Ethoca’s Digital Receipts service offers transparency about online purchases to make it easier for people to keep track of what they buy.

Online and Mobile Banking 67

Online and Mobile Banking Card Issuer Disputes Visa 67

PYMNTS

APRIL 15, 2020

Echoing some activity at another big bank that reported Tuesday — JPMorgan — Wells said that payments were being deferred across auto loans and mortgages. Overall non-performing assets were up 13 percent from the fourth quarter of 2019, tied to the pandemic, and stood at $6.4 Overall credit card loans were down by $2.4

Point-of-Sale (POS) 60

Point-of-Sale (POS) Debit Card Online and Mobile Banking Credit Cards 60

PYMNTS

JANUARY 13, 2020

For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. 15) will mark releases from Bank of America and Goldman Sachs. Going Mobile. Tuesday (Jan. Looking at Credit.

Consumer 52

Consumer Online and Mobile Banking Zelle P2P 52

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 Blockchain 98

PYMNTS

MAY 7, 2020

Almost a week ago, May 1, PayPal experienced the largest single day of transactions in the company’s history — bigger than both Black Friday and Cyber Monday of 2019. billion and its total payments volume (TPV) increase by roughly $68 billion, a roughly 22 percent year-on-year increase. PayPal added 7.4 million net new active accounts.

PayPal 99

PayPal Transactions Process Venmo 99

CB Insights

JUNE 7, 2021

Marqeta allows businesses to offer payment card products to customers without having to deal directly with a traditional bank. It handles the back-end payment technology while working with banks that process the payment transactions. . in transaction volume. . G lobal online sales are expected to reach $4.8T

Issuers 73

Issuers Card Issuer Payment APIs and Integration Innovation 73

PYMNTS

NOVEMBER 2, 2020

Taken as a group, the platform companies show that consumers are increasingly comfortable coming online to get what they need, that ad targeting is working, and that the companies that are pivoting online to reach consumers where they are — namely, on mobile devices and tablets — are embracing new ways to monetize that contact.

Online and Mobile Banking 84

Online and Mobile Banking Cross-Border Volume Visa 84

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

FICO

FEBRUARY 15, 2021

With the rise of Open Banking, this trend is now hitting financial services. Are you ready to become a banking ecosystem? Then there was the mobile market. Up until 2007, seven companies shared 99% of global mobile phone profits : Nokia, Samsung, Sony Ericsson, Motorola, LG, RIM and HTC. Are You Ready?

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Authorization Fraud Prevention 52

PYMNTS

JULY 1, 2020

SMBs around the globe are dealing with an unprecedented surge in online payment volumes as consumers eschew in-store payments for eCommerce transactions that lack the risks of in-person contact. require additional authentication when contactless or online transactions hit certain payment limits, for example.

Regulations 64

Regulations Digital Payments Contactless Payments Online and Mobile Banking 64