Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

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Financial Inclusion Embedded Finance Payments Push-to-Card 142

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

JANUARY 1, 2021

Many consumers were still facing pandemic-related financial strains going in to the holidays, making flexible payment options all the more important as they began buying gifts. This loss can be crippling for consumers who live paycheck to paycheck or have little savings. consumers cannot pay for a $400 emergency. Disbursements.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

SEPTEMBER 29, 2020

Consumers shifted their buying preferences nearly overnight, and an expert panel recently joined Karen Webster for PYMNTS’ latest “On The Agenda” discussion to look at how retailers must ready themselves for the digitized landscape of the future. There are real opportunities for those brands that deeply understand their consumer.”.

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Consumer Push-to-Card Contactless Payments Adjustments 100

PYMNTS

MAY 6, 2020

But it will take a mindset shift on the part of merchants and consumers — and a return of foot traffic to the stores, of course. As Platko said, the data show that consumers are willing to try something different when it comes to payments, chiefly to avoid touching things. As Webster noted, consumers like their cards.

Consumer 87

Consumer Contactless Payments Push-to-Card Payment Networks 87

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. And so, as PYMNTS data showed, those consumers changed. million consumers around the U.S.

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

PYMNTS

JANUARY 1, 2020

As of today, a little under 13 years after the launch of M-Pesa in Kenya, there are nearly 200 million consumers subscribed to mobile money services. There are hundreds of millions of consumers in Africa that have not so much as touched a shilling, let alone used one to pay, in over a year. Those questions have been answered. .

Push-to-Card 113

Push-to-Card Payments Consumer Digital Payments 113

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. The Five Key Steps To Digitization.

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Push-to-Card Issuers Payments Transactions 94

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

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Online and Mobile Banking Debit Card Non-Bank Push-to-Card 136

PYMNTS

DECEMBER 11, 2020

Consumers are going digital and are finding the experience to be an upgrade, while the physical retail channel is becoming increasingly unsatisfying by a pretty wide margin. Consumers are telling us they don't want to go in [the store] right now,” Herron said. Winning The Digital Consumer. I know which parking [lot] to go to.

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Push-to-Card Consumer On-Demand Innovation 109

PYMNTS

JANUARY 1, 2021

We can’t put a final lid on the year 2020 without addressing the big issues, such as how we changed, what we learned, what’s coming back and what will never be the same. PYMNTS TV spent the whole of 2020 talking to the experts on the ground in real time about the key issues driving the payments and commerce business.

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B2B Push-to-Card Online and Mobile Banking Returns 103

PYMNTS

DECEMBER 30, 2020

As one executive writing for this project put it, 2020 represented “innovation under adversity.”. It’s almost impossible not to look back at 2020 when considering 2021, and every company has its story to tell. Companies are not going to be satisfied with the progress made during 2020’s digital transformation.

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Push-to-Card Payments Economy API 101

PYMNTS

JANUARY 19, 2021

But the results also underscored the continued push into consumer banking, and specifically online banking. Supplemental materials released by the company show credit card loans stood at $4 billion, up from $3 billion in the third quarter, and $2 billion in the year-ago period. Revenues of $11.7 Deposit Targets .

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Credit Cards Mobile Banking 61

PYMNTS

JANUARY 25, 2021

According to Ossama Soliman , chief product officer at open banking provider TrueLayer , the very fact that there are so many payment options pushes new entrants to differentiate themselves from the pack. “But But actually, it raises the bar for what it takes to add a new payment method into the checkout.”. Click, Biometric, Done.

Instant Payments 120

Instant Payments Push-to-Card Payments Money Laundering 120

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. Consumers are hardly alone in this. It’s not all good news.

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EMV Data Breach Chip Cards Push-to-Card 54

PYMNTS

OCTOBER 20, 2020

In an interview with PYMNTS, Scott Young , VP of Innovation at PSCU , noted that in the changing consumer environment, digital and mobile banking are “table stakes,” but credit unions (CUs) must be conscious of how member payment preferences are evolving. Stepping Up On Credit . More Comfort Online .

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Debit Card 107

PYMNTS

OCTOBER 10, 2019

That’s the view shared by Trevor LaFleche, director of product management and marketing for Enterprise Payments Solutions at Fiserv , during a recent PYMNTS discussion that centered around the spread of real-time payments, and their global prospects going into 2020. That’s a huge benefit.”. Pull Payment Trends.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

PYMNTS

JULY 21, 2020

Consumers who need to buy groceries, grab gasoline or get their oil changed had better convert their crypto to fiat well ahead of time, as supermarkets, gas stations and mechanics don’t generally take crypto. It’s issuing Mastercard-branded payment cards that will allow consumers to pay with cryptocurrency reserves. “We’ve

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Visa Cryptocurrency Blockchain Bitcoin 127

FICO

NOVEMBER 24, 2020

As we head into the holiday season, you’ve probably had enough stress in 2020. Fraud has spiked during the pandemic , with criminals upping their game as consumers swing into holiday shopping mode. Read on for five powerful fraud-fighting tips to help you break out of the 2020 doldrums and end the year with a little less stress!

Identity Theft 98

Identity Theft Scams Online and Mobile Banking Account Takeovers 98

FICO

DECEMBER 23, 2019

“It Could Happen to You” might be one of the cheesiest movies of the 1990s (71% on Rotten Tomatoes) but in making my fraud predictions for 2020, the title has an ominous ring to it. Consumers are conditioned to want every digital interaction to be fast, faster, fastest. How Fraud Could Happen to You. The Scams You Don’t Hear About.

Online and Mobile Banking 52

Online and Mobile Banking Credential Scams Irrevocability 52

PYMNTS

JANUARY 20, 2020

What reports indicate so far is that the eCommerce giant is developing technology that will allow consumers to link their card data/Amazon Pay mobile wallet to their palm print alongside payment terminals that will be able to scan that palm print and allow them to make purchases without ever having to pull out a card or phone.

Payments 110

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

PYMNTS

OCTOBER 5, 2020

In a nutshell: Companies (and even consumers) “hire” goods or services to get where they want to go, to make progress, to satisfy goals. The great digital shift is upending B2B payments , pushing them away from the age-old reliance paper checks toward digital options. Beyond The Safety Factor . B2B is poised to make the same leap.

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B2B Payment APIs and Integration Payments Push-to-Card 137

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. For example, ICICI Bank launched in 2020 an API banking portal with 250 APIs, allowing fintech companies to integrate various banking services into their platforms.

Payment APIs and Integration 121

Payment APIs and Integration Innovation API Push-to-Card 121

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

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Credit Cards Visa Credential Push-to-Card 99

The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. What’s next?

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Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

SEPTEMBER 7, 2020

The year 2020 began inconspicuously — but in a few short weeks, everything changed. In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business.

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Commercial Card Push-to-Card Small Business Card Issuer 98

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.

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

PYMNTS

DECEMBER 23, 2020

It’s been a wild ride in 2020, and something of a strange one for 5G, which was the subject of an early conspiracy that blamed the technology for the global COVID-19 outbreak. These things have all turned out to be essential, which has really pushed network operators into expediting some of their planning.”.

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Push-to-Card Technology SWIFT Continuity 111

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. In fact, the majority of 2020’s new accounts have gone to megabanks and digital banks, not to community institutions. Meanwhile, Venmo added 8 million new users in Q2 to bring its total to 60 million.

Credit Union 89

Credit Union Push-to-Card Online and Mobile Banking Community Banks 89

PYMNTS

NOVEMBER 5, 2020

Innovating on the point of sale (POS) for consumers isn’t a one-shot deal. Visa North America Senior Vice President and Head of Product Brian Cole told Karen Webster that when the topic is POS innovation in late 2020, innovation spans an entire continuum from card-not-present to card-present transactions and everyplace in between.

Innovation 110

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

PYMNTS

SEPTEMBER 28, 2020

Japan is betting big on QR codes as consumer payment preferences begin to change,” eMarketer analyst Cindy Liu told the website. “QR QR codes don’t require huge investments from vendors and are also simple and easy to use for consumers.”. He said Japanese consumers have a preference for managing transactions in cash.

Mobile Payments 80

Mobile Payments Push-to-Card Payments Economy 80

PYMNTS

NOVEMBER 2, 2020

on Halloween 2020, we’re confronted with the prospect of a long, strange COVID winter. With the average consumer saying the pandemic will have a life of 374 days, some digital-first victors are already obvious. In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce.

Push-to-Card 82

Push-to-Card Online and Mobile Banking Processors Consumer 82

PYMNTS

JULY 2, 2020

Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. The COVID-19 pandemic has pushed more consumers to make their day-to-day transactions online. One study found that card-not-present (CNP) transactions rose 29.7

Compliance 89

Compliance Online and Mobile Banking Contactless Payments Regulations 89

PYMNTS

OCTOBER 2, 2020

The underlying theme, of course, is the realization that consumers increasingly want more control over (digital) payments (today, done in a more touchless manner) and have ever-higher and rising expectations, according to McCarthy. to go public. And companies must deliver — or risk being rendered obsolete.

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Push-to-Card Payment APIs and Integration Issuers Payments 110

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. 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). Buy Now, Pay Later. PYMNTS research shows 11.5 Contactless.

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RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

DECEMBER 16, 2020

reported that revenues rose 12 percent for the third quarter of 2020. Amazon Expands Data-Driven Fashion Push. The offering is meant to let consumers truly tailor their clothing by making T-shirts to their precise measurements. Best Buy Caters To Consumer Preferences With In-Store Digital Upgrades. CarLotz Inc.,

Push-to-Card 76

Push-to-Card AI Consumer Payments 76

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. The Changing Consumer. It is a warning that consumers have been increasingly taking to heart.

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ATM Federal Reserve Push-to-Card Consumer 121