The Fintech Times

MARCH 1, 2024

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8

Card Issuer 63

Card Issuer Issuers Visa Online and Mobile Banking 63

Fintech News

MAY 28, 2024

The meteoric ascent of Brazilian neobank Nubank has sent shockwaves through the Latin American banking industry. As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking.

APACS 122

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 122

PYMNTS

OCTOBER 21, 2020

The ownership economy is going full throttle. Lest you think the change has been all about streaming media, about home delivery of meals and meal kits, of staying in … AutoNation’s results herald a pivot toward an age of personal mobility. The Individual Mobility Shift . They want a place to go to complete the transaction.”.

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. million in 2020 to hit 47.8 year over year, from 20.7 million by 2026.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59

Fintech Finance

FEBRUARY 29, 2024

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.

Visa 52

Visa Financial Inclusion FinTech Online and Mobile Banking 52

PYMNTS

FEBRUARY 24, 2020

And today, 384 years later, innovators are still using time to disrupt the status quo across each of the eight cornerstones of our connected economy. Consumers increasingly use mobile phones and other connected devices and apps to make the most of the daily activities that fill those 24 hours. Yet everything has changed.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia’s economy is projected to grow by 5.8 Cambodia has also ventured into central bank digital currencies (CBDCs).

Financial Inclusion 68

Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 129

Online and Mobile Banking Treasury Non-Bank Finance 129

PYMNTS

JULY 21, 2020

economy hard, but few areas were hit harder than small businesses. In spite of their small size, they play a critical role in both their local and national economies. economy when everything is really clicking — which it hasn’t been for the last several months,” he said. “On COVID-19 has hit the U.S. The Bumpy Road Ahead.

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Credit Union Economy Small Business Push-to-Card 83

Clearly Payments

AUGUST 24, 2024

Summary of Statistics in this Article In the United States, contactless payments accounted for 34% of all debit card transactions in 2023, a significant increase from 19% in 2020. According to Visa, tokenized transactions accounted for 85% of all mobile debit transactions in North America in 2023.

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Debit Card P2P Cross-Border Central Bank 82

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. But S&P found that there’s an awful lot of ground left for mobile payments to capture.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

Clearly Payments

NOVEMBER 6, 2024

This market includes a range of services and technologies that facilitate the acceptance, authorization, and settlement of payments across various channels, including online, in-store, and mobile. They require secure systems like point-of-sale (POS) terminals , online checkout gateways, or mobile payment solutions to process payments.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

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. But S&P found that there’s an awful lot of ground left for mobile payments to capture.

Mobile Payments 56

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

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 52

PYMNTS

JULY 26, 2020

of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported. UPI was established by the central bank and is owned by a group of local lenders. billion, bringing bank accounts to hundreds of millions of residents for the first time.

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Volume Transactions Digital Payments Online and Mobile Banking 123

PYMNTS

DECEMBER 15, 2020

Scott noted that fewer credit union mergers happened in 2020, largely due to the pandemic. But he said the pandemic is “a catalyst for accelerating digital offerings” — and for transforming the very nature of in-person banking, even though boosting brick-and-mortar efforts might seem counterintuitive in the pandemic’s wake.

Credit Union 74

Credit Union Economy Online and Mobile Banking Contactless Payments 74

PYMNTS

JULY 3, 2020

But she added that merchants are coming back online with business models that are somewhat different than what came before. They may want to order online and pick up curbside. SMBs can accommodate that with a host of methods: mobile wallets, contactless cards, QR codes, paying in-store via a mobile app, etc.

Economy 98

Economy Push-to-Card Small Business Shutdown 98

PYMNTS

NOVEMBER 20, 2020

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. Officially the regulatory powers that govern banking aren’t on board with this switch.

Office of the Comptroller of the Currency 88

Office of the Comptroller of the Currency Online and Mobile Banking OCC Federal Reserve 88

PYMNTS

DECEMBER 26, 2019

Shorten the timeframe a bit, and it gets (just a bit) easier to see what may be rushing toward us – or what we may be rushing toward — in terms of innovation in-store, online and across all manner of channels. In fact, a time capsule sealed today, with a prediction of what Dec.

Real Time Payments 55

Real Time Payments Online and Mobile Banking Payments Contactless Payments 55

Fintech News

NOVEMBER 5, 2024

De Abreu highlighted these prospects in a recent interview with Fintech News Singapore, emphasizing the growing importance of emerging markets, including LatAm and Africa, for the global gaming industry, fueled by rising smartphone penetration, increasing digital payments and the booming popularity of mobile gaming.

APACS 101

APACS Online and Mobile Banking Payment APIs and Integration Credit Cards 101

PYMNTS

DECEMBER 11, 2019

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many things possible for consumers in formerly cash-locked economies, there has been a persistent problem of limitations for users once they want to transact outside their home environment.

Cross-Border 57

Cross-Border Credential Online and Mobile Banking Push-to-Card 57

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. First name. Company Name. Phone number. Source: PwC.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. PYMNTS’ July 2020 Building a Better App Playbook , done in collaboration with Ondot , focuses on the rise of credit and debit usage amid the pandemic’s backdrop. percent.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Credit Cards Consumer 60

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

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

The Fintech Times

APRIL 29, 2024

The partnership aims to enhance the travel experience for international visitors exploring the island destination of Jeju by providing convenient digital payment services and exclusive offers and contributing to boosting the local economy. per cent from 58,609 during the same period last year.

SARS 71

SARS Online and Mobile Banking eWallet Mobile Payments 71

PYMNTS

JULY 2, 2020

The government ban happened when Lagos, the government hub of Africa’s largest economy, banned motorbike passenger service in January, according to director of marketing Osagie Alonge , Bloomberg reported. OPay was formed a year earlier than that, in 2018, as a way for mobile customers to send and receive money.

Online and Mobile Banking 79

Online and Mobile Banking Central Bank Financial Inclusion Governance 79

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year. It also analyzes how the pandemic is affecting the future of open banking in. the region.

Online and Mobile Banking 66

Online and Mobile Banking Regulations Laws Push-to-Card 66

PYMNTS

OCTOBER 21, 2020

The PYMNTS/Visa How We Will Pay Study; 2020 Edition tells us that home is no longer merely where the heart is. Habits are hard things to change, but 2020 has been a year that has seen consumers unusually receptive to not only experimenting with new ways to transact, but to actually modifying the day-in, day-out details of how they live.

Economy 60

Economy Online and Mobile Banking Consumer Non-Bank 60

PYMNTS

OCTOBER 14, 2019

Removing that friction with experiences that enable customers to avoid age-old annoyances and homeowners to make extra income is intriguing to members of the sharing economy, according to Tim Wootton, CEO of shared parking marketplace Rover Parking. Keeping pace with parking payments and innovation.

Economy 48

Economy P2P Authentication Debit Card 48

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. billion ($1.1 Grab + Singtel .

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

PYMNTS

FEBRUARY 13, 2020

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. That’s a challenge, as banks have traditionally plied their trade through face-to-face interactions. It’s really about extending out the capability of your card to the commerce ecosystem,” he said.

Online and Mobile Banking 92

Online and Mobile Banking Venmo Direct Deposit Deposit Account 92

PYMNTS

MAY 7, 2020

The prospect of restarting the economy of bringing all manner of everyday life in the U.S. back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. Call it a way to be physical even while being virtual. Reinventing The ATM.

ATM 122

ATM Credit Union Online and Mobile Banking On-Demand 122

CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

The Fintech Times

JULY 16, 2024

Allied Payment Network , a provider of real-time, open-network payments solutions to banks and credit unions, adds Hank Vanjaria as its new chief financial officer. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

FICO

JANUARY 8, 2021

Here are our top 5 posts from 2020. #1. Financial institutions in particular, given their central place in a nation’s economy, need to lead this digital connect. Mobile Operators and Coronavirus: Ideas To Help Slow The Spread. Transforming the Customer Experience: Telecommunications.

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Posting Origination Online and Mobile Banking Assessments 52

PYMNTS

JANUARY 6, 2020

The European Union’s revised Payment Services Directive (PSD2) is tightening its grip on international finance as open banking initiatives continue to crop up in countries where the legislation. Turkish banks and businesses may be familiar with the broad strokes of PSD2, but its impact may be somewhat different.

Payment APIs and Integration 52

Payment APIs and Integration Regulations API Rules 52