NFCW

JANUARY 16, 2024

The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.

Contactless Payments 87

Contactless Payments Research Consumer Central Bank 87

PYMNTS

DECEMBER 28, 2020

Looking back, when we take stock of what happened and sift through the chaos and heartbreak of the year that was, we’ll see the seismic shifts that took place in 2020. Indeed, we might look to March 11 as the dividing line between what was and what is and will be in the connected economy. Traditional business became anything but traditional.

Economy 108

Economy Payments Governance Government 108

CB Insights

OCTOBER 20, 2021

In 2020, 50 private blockchain companies from 14 countries made it to the CB Insights Blockchain 50. Since announcing the list in December 2020, the Blockchain 50 winners have kept busy. Since the release of the Blockchain 50 in December 2020, two winners have gone public. GET THE LIST OF BLOCKCHAIN 50 COMPANIES. First name.

Blockchain 88

Blockchain Acquirers PayPal Venmo 88

PYMNTS

NOVEMBER 30, 2020

While digital has been on the rise in seasonal shopping for the last several years, it entered the 2020 season on unusually strong footing. Before March 2020 66.2 For example, PYMNTS research found that 38.3 As for what consumers really want, heading into the back half of the 2020 holiday shopping season? percent to 25.7

Debit Card 92

Debit Card Credit Cards PayPal Consumer 92

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. percent of consumers bought groceries online in 2020, compared to the 18.6 percent made purchases via mobile in the last 24 hours. 31 percent bank via app.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

CB Insights

DECEMBER 17, 2020

Our State Of Fintech Preview highlights key investment trends, funding activities, and projections for 2020 (as of 12/12/20). Seed/angel share may drop off in 2020 while Series B rounds could gain the most share. Seed and angel deals are projected to fall to 37% of total deal activity in 2020, down from 42% in 2019.

FinTech 101

FinTech Research Posting 101

PYMNTS

JANUARY 1, 2021

Presented by Afterpay and featuring an interview with Daniel Demsky , co-founder of travel clothing retailer Unbound Merino , this report detailed the way installment payment plans’ popularity have surged during the pandemic, and research correctly suggested it would become only more popular during the holiday season.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

CB Insights

DECEMBER 21, 2020

In December 2020, the price of bitcoin broke $20,000 to hit new all-time highs. GET the 53-page Blockchain Report 2020. GET the 53-page Blockchain Report 2020. Download the free report to learn about the biggest emerging trends in blockchain and strategies to watch for 2020. Want the full post?

Bitcoin 97

Bitcoin Blockchain Research Posting 97

PYMNTS

SEPTEMBER 28, 2020

According to our research, 68 percent of global small businesses expect the winter holiday season to be a major selling opportunity. He said entrepreneurs of all descriptions have been under lots of pressure to think fast and pivot sharply all year, and the holiday season will likely only add to that pressure.

Small Business 94

Small Business Contactless Payments Economy Mitigation 94

Axway

AUGUST 5, 2020

Today, Forrester Research, Inc published The Forrester Wave™: API Management Solutions, Q3 2020, and I’m pleased to share that Axway is positioned as a leader. There are a few things I’d like to share about this result. Axway as your …

API 98

API Research 98

PYMNTS

SEPTEMBER 30, 2020

The end of the third quarter of 2020 offers a moment to look back — and ahead — as a year unlike any other is (a bit more) than three quarters finished. It may be hard to remember, but when 2020 dawned, unemployment was near historic lows, at about 3.6 to continue.

Payments 141

Payments Automation Research Risk 141

Payments Dive

JANUARY 11, 2021

According to Javelin Strategy & Research’s 2019 Identity Fraud Study, the total amount of identity fraud in 2018 amounted to $14.7BB and impacted 14.4MM adults in the U.S. In 2020, amid the COVID-19 pandemic, the impact of fraud was higher than ever. — more than 5% of the total population.

Research 95

Research 95

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. With faster and real-time payments adoption on the rise, the value of transactions moving via instant payment rails is expected to increase sixfold between 2020 and 2025, from $3 trillion to $18 trillion.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

JANUARY 19, 2021

The process will be a boost for the research around digital coins. In 2020, the bank put out a request for applications for a CBDC experiment. There are also more experiments in progress that will continue throughout the year.

CBDC 130

CBDC Interbank Settlement Settlement Central Bank 130

PYMNTS

JANUARY 1, 2021

PYMNTS has tracked those changes every step of the way via exclusive research , Tracker reports and studies, starting on March 6, a full 10 days before the country – or large swaths of it – were locked down.

Consumer 144

Consumer Debit Card Contactless Payments Research 144

PYMNTS

JULY 26, 2020

Neil Shah , an analyst at Counterpoint Research, the Hong Kong-based industry researcher, agreed. Last month, PYMNTS reported the COVID-19 pandemic has primed India to overtake card payments, according to the S&P Global Market Intelligence 2020 India Mobile Payments Market Report. There’s a huge opportunity,” Shah said.

Volume 123

Volume Digital Payments Transactions Online and Mobile Banking 123

PYMNTS

DECEMBER 24, 2020

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. percent in Q1 2020, but roughly even since 2016. For Q2 2020 Amazon took 9.0

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

DECEMBER 30, 2020

Evidence reveals that these habits picked up steam during the 2020 holiday shopping season, with PYMNTS research finding that 4 percent of Americans used buy now, pay later (BNPL) methods for their Black Friday purchases. Research also shows that BNPL methods are proving especially appealing to younger consumers and parents.

BNPL 110

BNPL Point-of-Sale (POS) Payments Consumer 110

PYMNTS

DECEMBER 28, 2020

There have already been ransomware attacks aimed at medical research facilities working on vaccinations. More than 200,000 Americans were scammed out of $145 million relating to the pandemic since the beginning of 2020, the Federal Trade Commission (FTC) said. .

Fincen 127

Fincen Suspicious Activity Report (SAR) Scams Federal Trade Commission 127

CB Insights

NOVEMBER 2, 2021

In our State Of Blockchain Q3’21 Report, we dig into global investment trends to spotlight takeaways including: A record-shattering year for blockchain/crypto financing, already up 384% vs. 2020. The category that has seen a funding increase of over 6,000% compared to 2020. The investor making the most blockchain/crypto deals.

Blockchain 94

Blockchain Checks Research Finance 94

PYMNTS

NOVEMBER 23, 2020

Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors. Research suggests that a variety of indicators, such as geolocation, address verification and CVV verification, can help companies pinpoint and reject likely fraud attacks.”. Advanced AI Makes Systems Smarter.

AI 115

AI Online and Mobile Banking Verification Credit Cards 115

CB Insights

DECEMBER 10, 2020

Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . TransferWise is valued at $5B, as of July 2020. This has provided an opportunity for other research providers to gain market share among banking clients. .

Credit Cards 101

Credit Cards Advisors Venmo Small Business 101

PYMNTS

DECEMBER 15, 2020

PYMNTS’ December 2020 Buy Now, Pay Later Report , a collaboration with PayPal , examines the explosion in BNPL’s popularity, starting with a certain consumer group we all know and love. Our research shows that this cohort is not averse to using credit, contrary to some common assumptions. Like their love of BNPL.

BNPL 102

BNPL Credit Cards Research PayPal 102

CB Insights

JULY 30, 2021

increase the customer volume since 2020. The company claims to have $2B in payment volume, witnessing a 200% increase in monthly network payment volume since 2020. The post This SoftBank-Backed Company Raised $50M To Enhance Its B2B Blockchain Payments Platform appeared first on CB Insights Research. Want the full post?

B2B 82

B2B Blockchain Volume Payments 82

CB Insights

SEPTEMBER 14, 2021

In 2021 so far, fintech companies in Europe have already eclipsed 2020’s full-year funding totals. Key Takeaways: Funding to Europe-based fintech companies in H1’21 surpassed 2020’s full-year total. higher than in all of 2020. The post Fintech Funding Trends In Europe appeared first on CB Insights Research.

FinTech 88

FinTech Volume Research Posting 88

PYMNTS

SEPTEMBER 23, 2020

People for whom dining out is one of life’s best pleasures have had a rough time in 2020, and it’s probably going to stay weird for a while. Even New York City has now greenlit indoor dining, but the great restaurant sector reset of 2020 is far from finished. million in 2020 as consumers continue to heavily rely on these services.

Fraud Prevention 98

Fraud Prevention Online and Mobile Banking AI Consumer 98

Fintech News

MAY 26, 2024

At Nuvei, he will oversee technology strategy, research, and architecture. Under Max’s leadership, our total payments volume grew nearly 5x from 2020 to 2023. Wang brings over 25 years of experience in the payments and software sectors, having held senior technology roles at Intuit and Stripe.

Credential 106

Credential Volume Addressing Technology 106

PYMNTS

MAY 22, 2020

real-time payments void has hurt commerce, too, as PYMNTS research finds that close to 39 percent of small to mid-sized businesses (SMBs) have reduced payrolls to help relieve cash flow stress, and nearly 30 percent simply went under. The Paycheck Protection Program (PPP) disbursement fiasco, coupled with the U.S. The EU Model.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

PYMNTS

DECEMBER 27, 2020

As 2020 sunsets, we’ve seen all manner of listings, including previously less-prevalent ones that, in a year like no other, outperformed traditional initial public offerings in terms of dollars raised. As estimated by SPAC Research , 248 SPACs went public in 2020, raising $81 billion. There are just new ways to take it public.

Underwriting 108

Underwriting Legal Facilitators Research 108

PYMNTS

NOVEMBER 18, 2020

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according to a report in the Wall Street Journal (WSJ) citing the Federal Reserve Bank of New York. Non-housing balances — credit cards, auto loans, student debt — are up $15 billion.

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

CB Insights

FEBRUARY 1, 2022

Blockchain funding GROWS 713% VS. 2020. The post State Of Blockchain 2021 Report appeared first on CB Insights Research. See who’s leading the explosion in global funding, from the startups attracting the top deals to the regions with the biggest funding booms. NFT FUNDING SOARS 12,878% YEAR-OVER-YEAR.

Blockchain 100

Blockchain Checks Research Accounts 100

PYMNTS

JANUARY 25, 2021

Officials have until April 1 to divest from any foreign cryptocurrencies, although they won’t be required to report any crypto holdings for the year 2020, the report stated. In a financial crisis, cryptocurrencies are more likely to be dumped by investors during a market meltdown, as occurred at the start of the pandemic in March 2020.”.

Governance 104

Governance Government Bitcoin Cryptocurrency 104

PYMNTS

APRIL 29, 2020

The April 2020 Unlocking AI Playbook: Credit Risk And Payments edition, done in collaboration with Brighterion , notes that “… banks appear to be applying AI with greater specificity than in the past, suggesting that strong use cases have emerged. Our research shows that 92.9 Our research shows that 43.7

Credit Risk 100

Credit Risk AI Risk Underwriting 100

PYMNTS

NOVEMBER 16, 2020

A new report from TransUnion shows that average consumer-level credit card balances have declined during the course of the COVID-19 pandemic and now stand at $5,075 as of Q3 2020, down from $5,668 in Q3 2019. Additionally, total card balances fell to $723 billion, a decline of more than 10 percent year over year and the lowest since Q2 2017.

Credit Cards 121

Credit Cards Online and Mobile Banking Consumer Research 121

PYMNTS

OCTOBER 16, 2020

During the first two quarters of 2020, these lenders also put more funds aside in anticipation of loan losses to come. The banks have been asked to perform [a] national service,” CreditSights Research Analyst Jason Tan told Squawk Box Asia on (Aug. Furthermore, the Beijing government has requested that banks forfeit 1.5

Regulations 112

Regulations Central Bank Risk Governance 112

FICO

AUGUST 23, 2021

Based on the 2020 US Census , the US credit-eligible population (those over 18 years of age) is 258 million people. We refer to this benchmark score as the “Credit Bureau Data Research Score.” When we compared the suite of FICO® Scores to the “Credit Bureau Data Research Score” we found that FICO scores more people.

Consumer 98

Consumer Research CFPB Credit Risk 98

Fintech Finance

DECEMBER 6, 2023

Despite the market value growth of NFTs, a recent Delphi Digital research found that in 2022, the total amount of funds lost to smart contract hacks was $2.7 This indicates a 1250% increase from 2020. The need for NFT collectors and buyers to have insurance is in high demand and research has shown that 32.7%

Service Provider 105

Service Provider NFTs Embedded Finance Blockchain 105