Payment Savvy

JULY 12, 2024

Online payments’ convenience and speed can boost customer satisfaction and streamline operations. Accepting online payments without incurring fees may sound appealing, but it’s not feasible. Payment processing is how a merchant services provider handles credit card transactions. Why Free Payment Processing?

Debit Card 52

Debit Card Online and Mobile Banking Payments Zelle 52

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card.

Debit Card 71

Debit Card Checks Accounts FinTech 71

PYMNTS

JULY 28, 2020

consumers did at least some shopping online as of April 11 — a figure that had risen to 35.7 Consumers are also changing how they pay for their purchases, with a recent study finding that debit card spend was up 11.7 percent of total debit spend during that week. percent of total debit spend during that week.

Debit Card 85

Debit Card Treasury Online and Mobile Banking Governance 85

PYMNTS

JUNE 25, 2019

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. It’s also making other additions to its banking app to help customers handle their finances while they’re on the move.

Debit Card 52

Debit Card Online and Mobile Banking ATM Small Business 52

Fintech News

JULY 3, 2024

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 112

Finance Online and Mobile Banking Micro-Entry Non-Bank 112

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.

Online and Mobile Banking 134

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 134

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Debit Card 52

Debit Card Assessments Data Breach Online and Mobile Banking 52

EBizCharge

MARCH 12, 2024

With the boom in eCommerce, adopting ways of paying online is vital to healthy cash flow. Businesses that accept online payment methods can streamline the purchasing process for their customers and expand their reach to new audiences. What are the best ways to accept payments online?

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

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

Stax

JUNE 6, 2024

Accounts receivable (AR) software is a cornerstone tool in your financial operations in any business. TL;DR Accounts receivable software is a tool designed to automate and streamline the accounts receivable processes within a business. Learn More What is Accounts Receivable Software?

Accounts 88

Accounts PCI DSS Online and Mobile Banking Automation 88

PYMNTS

DECEMBER 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. to fuel its online private banking offerings.

Online and Mobile Banking 62

Online and Mobile Banking FDIC Accounts Debit Card 62

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 Cash accounted for 12 per cent of all payments made in the UK during 2023, down from 14 per cent in 2022. billion in 2022).

Online and Mobile Banking 59

Online and Mobile Banking Contactless Payments Debit Card Payments 59

PYMNTS

SEPTEMBER 12, 2017

Venmo is testing out a free debit card for select users that is linked to their accounts. They will receive a free Venmo debit card that is attached to their Venmo account. Users can pay with the card in stores, online or as a mobile payment, and the money will be debited from their Venmo balance.

Debit Card 63

Debit Card Venmo Online and Mobile Banking Participant 63

PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

Digital Payments 93

Digital Payments Accounts Zelle Online and Mobile Banking 93

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

PYMNTS

DECEMBER 29, 2020

A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards. Around The Next-Gen Debit World. Safeguarding debit card payments is increasingly important, with more consumers shopping online during the pandemic.

Debit Card 121

Debit Card Online and Mobile Banking Scams Card Issuer 121

PYMNTS

OCTOBER 20, 2017

Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Customers can unlock their accounts just as quickly if needed.

Debit Card 43

Debit Card Online and Mobile Banking Credit Cards ATM 43

Fintech Finance

FEBRUARY 23, 2024

TD, America’s Most Convenient Bank® , today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S. to use their mobile phone for a seamless and secure point-of-sale (POS) experience. For today’s small and micro businesses, every sale – at any dollar amount – matters.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Point-of-Sale (POS) Small Business 52

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. PSPs offer joint merchant accounts and flat-rate processing fees that make them ideal solutions for small businesses that only process payments occasionally.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Clearly Payments

DECEMBER 7, 2023

In the world of eCommerce and online payments, one of the crucial decisions that merchants face is selecting the right online payment gateway. What is a Payment Gateway As online merchants rely on a technology platform to ensure the seamless functioning of e-commerce operations, and this essential tool is known as a payment gateway.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 52

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

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

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

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Consider the fact that in Mexico it can take four to six months to open a business account — and as much as a year to get access to a debit card. Widening Debit’s Acceptance.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . Another 48 percent said they would be “somewhat” likely to open accounts with these companies. . A PYMNTS survey of 3,000 U.S.

Online and Mobile Banking 73

Online and Mobile Banking Debit Card ATM Accounts 73

PYMNTS

NOVEMBER 30, 2020

They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. Thirty-two percent, however, are unwilling to allow their FIs to access this information, and 36 percent do not understand why their banks would require access to it.

Card Issuer 68

Card Issuer Consumer Accounts Online and Mobile Banking 68

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. Bimeo offers a pair of accounts for customers. The bimeo Total Account allows for unlimited deposits. The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos.

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

Fintech Finance

DECEMBER 7, 2023

In an increasingly global world where seamless and immediate transactions are expected, the ability to bank directly with one’s remitter should be the norm, not the exception. At least, that is what Transfer Galaxy and Intergiro believe and aim to bring about with their innovative partnership.

Debit Card 52

Debit Card Online and Mobile Banking Cross-Border Embedded Finance 52

EBizCharge

AUGUST 12, 2024

Merchant acquirers , also known as acquiring banks, are responsible for setting up and maintaining merchant accounts, allowing businesses to accept payment cards from customers. Card issuers are banks or financial institutions that issue credit cards to consumers.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. percent interest rate. percent.

Accounts 60

Accounts Direct Deposit Tax Refunds FinTech 60

PYMNTS

SEPTEMBER 18, 2020

News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 billion, as CNBC reported.

Debit Card 92

Debit Card Online and Mobile Banking Caps FDIC 92

Fintech Finance

SEPTEMBER 9, 2024

Other types of payment fraud included: Someone intercepted a business’ e-Transfer (sending or receiving) to deposit the money into a different bank account (22%). Fraudulent charges on their bank or credit cards (20%). Purchase made from stolen credit card information (19%).

Online and Mobile Banking 97

Online and Mobile Banking Scams Credit Cards Payments 97

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. By having the option to issue Visa accounts in Europe, PayPal will now have the ability to offer customers new and innovative ways to manage and move their money regardless of platform or device.”. and Asia-Pacific last year, so U.S.

Debit Card 50

Debit Card PayPal Online and Mobile Banking Contactless Payments 50

PYMNTS

FEBRUARY 14, 2020

Customer service is the lifeblood of financial services, just as much as credit cards, debit cards and checking accounts. But as banking becomes ever-more mobile, and account openings and activities are done through digital channels, the very definition of support – and how it should be provided – is changing.

Consumer 91

Consumer Online and Mobile Banking Small Business Debit Card 91

PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. CBDCs are a digital form of traditional money issued and governed by a country’s central bank.

Central Bank 105

Central Bank Digital Currency CBDC Online and Mobile Banking 105