PYMNTS

SEPTEMBER 23, 2020

As we discover in PYMNTS’ September 2020 Mobile Order-Ahead Tracker® done in collaboration with Kount , “[The] number of food delivery app users could climb 25.2 million in 2021 as indoor restaurant dining spaces reopen and consumers venture out to eat again. percent to 45.6 This total could dip to 44.1

Fraud Prevention 98

Fraud Prevention Online and Mobile Banking AI Consumer 98

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. The study outlines several contributing factors driving this surge in eCommerce transaction popularity, including the rise in consumer confidence in online security measures. In 2016, U.K.

Rules 52

Rules Online and Mobile Banking Card Association Contactless Payments 52

The Fintech Times

JULY 24, 2024

According to UK Finance , the trade association for the UK banking and financial services sector, in 2023, the volume of cash payments made in the UK fell by seven per cent to six billion (from 6.4 The number of cash payments rose during 2022 for the first time in a decade but has now fallen back to roughly where it was in 2021.

Online and Mobile Banking 59

Online and Mobile Banking Contactless Payments Debit Card Payments 59

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. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder. percent.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Credit Cards Consumer 60

CB Insights

JULY 7, 2021

FairMoney , a mobile banking platform, has raised $42M in a Series B. Paris-based FairMoney is an online money lending platform that offers single payment, installment, and payroll loans to users. It expects to disburse $300M worth of loans by the end of 2021. How’s the company performing? Want the full post?

Online and Mobile Banking 38

Online and Mobile Banking Payroll Mobile Banking Participant 38

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

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Fintech News

OCTOBER 10, 2024

Released in September 2024 and supported of Singapore’s United Overseas Bank (UOB), the report explores the transformation of Vietnam’s digital economy, highlighting the key drivers propelling the sector’s growth and the emerging trends shaping the industry. The sector is currently dominated by payments and mobile wallets.

Economy 97

Economy Online and Mobile Banking Governance Government 97

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Darryl Knopp wrote: For banks with their own BNPL offering, a multi-layered approach to risk management and fraud protection is critical. Here are excerpts. How to Fight Back.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

The Fintech Times

MAY 15, 2024

A 2021 study by FICO reveals that three in five Filipino consumers will abandon long online banking account applications, and one in five Filipinos will drop out if asked more than five questions during onboarding.

Financial Inclusion 45

Financial Inclusion Scams Online and Mobile Banking Risk Management 45

The Fintech Times

FEBRUARY 27, 2024

Fostering financial inclusion Michael Wallis-Brown, VP of mobile FS, Ericsson Characterised by their swiftness, accessibility and innovation, digital wallets offer practical solutions for managing expenses during economic challenges, explains Michael Wallis-Brown , vice president and global head of mobile financial services at Ericsson.

Financial Inclusion 102

Financial Inclusion Online and Mobile Banking Transactions Consumer 102

Fintech Finance

JUNE 18, 2024

According to Visa’s annual “ Money Travel: 2024 Digital Remittances Adoption ” research report, these markets continue to beat the odds despite macroeconomic headwinds that have resulted in remittances decreasing across the globe. Co, Vice Chairman, Asia United Bank Corp.

Online and Mobile Banking 95

Online and Mobile Banking Economy On-Demand Volume 95

PYMNTS

JANUARY 28, 2021

PSCU reported that the hike in mobile wallet credit purchases among its CUs’ members was nearly 48 percent by August 2020, while mobile wallet debit purchases climbed 22 percent during the same period. The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic.

Contactless Payments 74

Contactless Payments Credit Union Innovation P2P 74

CB Insights

AUGUST 26, 2021

It’s starting to see big payoffs from some of its bets, such as South Korea-based e-commerce giant Coupang , which went public in March 2021 at a $56.6B So far in 2021, SoftBank is investing in a record number of deals. So far in 2021, SoftBank is investing in a record number of deals. First name. Company name. Phone number.

Online and Mobile Banking 94

Online and Mobile Banking Participant AI Automation 94

Fintech News

DECEMBER 17, 2023

Akulaku – US$2 billion Indonesia’s most valuable fintech startup is Akulaku, an online banking and digital finance platform valued at US$2 billion. Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

PYMNTS

NOVEMBER 16, 2020

FinTech with a focus on small businesses secures a restricted banking license. According to research from Mastercard, almost 80 percent of mid-size and larger suppliers see risk in sharing bank account data. UK's Recognise Gets Its 'Restricted' Banking License. FactorForYou Links SMBs With Factoring Companies.

B2B 56

B2B Visa Security Online and Mobile Banking 56

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

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

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

PYMNTS

JANUARY 19, 2021

What if close to half of all companies surveyed said productivity during COVID-19 work-from-home (WFH) orders is actually rising, as more business is conducted efficiently online and less time goes into commutation or gets siphoned off by sundry other office intrusions? Well, they’ve said it. billion in 2020 alone.”.

Continuity 60

Continuity Verification Online and Mobile Banking Cross-Border 60

The Fintech Times

JUNE 18, 2024

Company updates Atom bank , the UK app-based bank, has unveiled its strongest ever financial results, driven by a significant increase in lending while keeping costs low. MobileID is Signicat’s flagship product for secure user authentication via mobile apps. More insights A study has found that up to 87.5

FinTech 59

FinTech Verification Online and Mobile Banking AI 59

PYMNTS

FEBRUARY 6, 2017

While nearly anything can be ordered online, the few times people go into department stores are typically when there’s a need for a very specific item. In its research report, Technavio categorized the global chatbot market into five sections: BFSI; Government; Retail and eCommerce; Travel and Hospitality; and Others. Let’s face it.

Online and Mobile Banking 76

Online and Mobile Banking Research Bots Governance 76

PYMNTS

JANUARY 7, 2019

Mobile Fuel. The increasing use of mobile phones and mobile devices for commerce and payments around the world — including in countries with relatively undeveloped banking and point-of-sale systems — promises to fuel further spread of alternative payment methods, including PayPal. That’s not all.

Alternative Payment Methods 76

Alternative Payment Methods Online and Mobile Banking Payments eWallet 76

PYMNTS

JANUARY 28, 2021

The January 2021 Global Digital Shopping Index: United Kingdom Edition is based on a survey of more than 2,000 consumers and 560 merchants in the U.K. The rest are more inclined toward digital native shopping experiences in which they shop online and have products delivered to their homes.”. Similar to how the U.S. Per the U.K.

Online and Mobile Banking 70

Online and Mobile Banking Consumer Research Mobile Banking 70

FICO

SEPTEMBER 8, 2022

Why consumers are moving to banks with the best fraud and scam prevention. Thu, 06/17/2021 - 06:40. The appeal of these banking innovations has also made it a honeypot for fraud. Scammers are attracted to the increase in money flows and finding new inexperienced consumers to con online. Saxon Shirley.

Posting 52

Posting Real Time Payments Scams Push-to-Card 52

FICO

AUGUST 26, 2021

It’s a question FICO’s fraud head honcho, TJ Horan, pondered back in 2016 , when the nascent real-time person-to-person (P2P) payments service Zelle was relaunched by a small consortium of banks (see below). In August 2019 The Federal Reserve Board announced that the Federal Reserve banks were developing a real-time payments rail: FedNow.

Real Time Payments 52

Real Time Payments Zelle Federal Reserve FedNow 52

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Despite assumptions, banking doesn’t have to be boring!

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5 PYMNTS research shows 11.5 In 2021 and beyond, we don’t expect this trend to change,” Afterpay Co-CEO Nick Molnar told PYMNTS.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

JULY 11, 2016

A report published by TechSci Research late last week says India is poised to see a 14 percent combined annual growth rate between 2016 and 2021 in the accounting software space. Then, there’s the growing adoption of enterprise-friendly mobile solutions and the BYOD movement within India.

Accounts 41

Accounts Innovation Online and Mobile Banking Automation 41

PYMNTS

JANUARY 8, 2021

The pandemic is continuing to have a broad impact on the financial sphere at the start of the new year, with businesses as well as consumers adjusting their banking habits in response to shifting economic needs. Both emerging and traditional lenders appear to be making moves to do so, including legacy institution Fifth Third Bank.

AI 65

AI Online and Mobile Banking P2P Push-to-Card 65

Fintech News

JUNE 3, 2024

In the lending space, the number of peer-to-peer (P2P) borrower accounts reached 30 million in 2021, rising at a compound annual growth rate (CAGR) of 50% between 2018 and 2022. Its portfolio comprises 16 Indonesian fintech startups, including online lending platform Julo, stock investing app Stockbit, and earned wage access startup Wagely.

FinTech 106

FinTech Boot Camp Participant Online and Mobile Banking 106

Stax

DECEMBER 20, 2023

trillion in 2021. As a small business owner, it’s important to accept different payment methods like cash, credit card, and contactless or NFC mobile payments to ensure an easy shopping experience for your customers. Researching and comparing different providers is crucial.

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

FICO

APRIL 5, 2022

FICO's cloud fraud solutions have delivered a 15 percent cost reduction per customer account and a 20 percent improvement in fraud detection for online transactions. We processed more than 3 billion transactions in 2021. Learn more about the latest Enterprise Fraud Management trends in this executive brief from Chartis Research.

Fraud Detection 52

Fraud Detection Fraud Prevention Online and Mobile Banking Push-to-Card 52

Ikajo

NOVEMBER 2, 2023

As it is essential for businesses that receive payments online, there are payment processing companies that act as mediators. They play a vital role in facilitating various payment methods, such as credit or debit card transactions, digital wallet transfers, mobile payments, and electronic bank transfers. What are the options?

Process 52

Process Processors Payment Gateways Payments 52

PYMNTS

DECEMBER 21, 2020

And now, in the age of the mobile phone, where we use devices to get offers, manage spending and redeem points, the question still stands. Loyalty, she noted, is earned through a careful continuum of brand positioning and ultimately generating an emotional response among consumers whether they are shopping in store on online.

Online and Mobile Banking 118

Online and Mobile Banking Point-of-Sale (POS) Consumer On-Demand 118

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. Zeed: Raised $250k for its investing app. Debbie: Raised $2.7M

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JANUARY 25, 2021

These retailers’ installment payment offerings appear to be drawing particular interest from younger consumers who might not qualify for much credit from banks. Deep Dive: How Consumers Across The Income Spectrum View Payments In 2021. Find more on these and the rest of the latest headlines in the Tracker. Learn more in the Tracker.

BNPL 74

BNPL Consumer Credit Cards Payments 74