Fintech News

FEBRUARY 15, 2024

Among the key trends outlined in the reports, the companies note a sizable decline in tech investment volumes, adjustments in valuations and a shift towards earlier stage startups. In H1 2023, Southeast Asia recorded a substantial 54% year-on-year (YoY) decline in tech investment volume which reached US$3.1

FinTech 99

FinTech Adjustments Volume Continuity 99

Fintech Finance

AUGUST 6, 2024

Flywire plans to expand on Invoiced’s successful track record of providing invoicing software to a diversified client base across industries and geographies, and reinforces its commitment to powering software and payments to its target B2B segment, which Flywire estimates to be responsible for approximately $10 trillion in global payment volume.

Payment Networks 95

Payment Networks B2B Acquirers Accounts 95

PYMNTS

APRIL 10, 2020

Corporate clients are increasingly driving FIs’ modernization efforts, with small and medium-sized businesses (SMBs) demanding mobile banking services, and larger corporates seeking bank tools that can seamlessly integrate with their own back-office platforms. Modernizing Corporate Payments.

Technology 144

Technology End User Cross-Border On-Demand 144

PYMNTS

MAY 8, 2020

Drill down into the numbers, and the term “falling off a cliff” comes to mind, as healthy transaction and sales volumes at key merchant customers faced massive headwinds — and only now are starting to show a bounce off their nadirs. Earnings reports from those companies show just how abruptly things have shifted. Possibly even a renaissance.

PayPal 98

PayPal Online and Mobile Banking Volume Point-of-Sale (POS) 98

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 Using Census data, the trailing 12 months of non-adjusted physical retail sales show a decline of 1.9

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

FEBRUARY 14, 2020

Agility is critical in today’s supply chains, considering the high volume of exceptions that managers must address in the freight management space. These exceptions can be linked to changes in weather, customer demand, and other logistical risks that impact where and when deliveries occur. Continuous Data.

Addressing 99

Addressing On-Demand Volume Continuity 99

Fintech News

DECEMBER 12, 2023

The region is also seeing an increased focus on Environmental, Social, and Governance (ESG) criteria, with growing regulatory demands for green financing. .” This shift caters to the growing demand for real-time payment services among consumers and businesses.

FinTech 113

FinTech ISO 20022 Fraud Detection Instant Payments 113

PYMNTS

DECEMBER 21, 2020

The company said digital sales of its flagship Nike brand (the firm also owns two others) soared by 84 percent during the period without adjusting for currency changes. The company said digital sales of its flagship Nike brand (the firm also owns two others) soared by 84 percent during the period without adjusting for currency changes.

NOV 106

NOV On-Demand Adjustments Consumer 106

Fintech News

DECEMBER 12, 2023

The region is also seeing an increased focus on Environmental, Social, and Governance (ESG) criteria, with growing regulatory demands for green financing. .” This shift caters to the growing demand for real-time payment services among consumers and businesses.

FinTech 95

FinTech ISO 20022 Fraud Detection Financial Literacy 95

PYMNTS

OCTOBER 2, 2020

Unprecedented surges in online shopping volume has meant consumers are shifting their buying and payment habits in a big — and likely permanent — way. And as a result, CFOs and treasurers are now tasked with adjusting their liquidity management strategies for the new normal of omnichannel commerce.

Liquidity Management 73

Liquidity Management Volume Adjustments On-Demand 73

PYMNTS

OCTOBER 1, 2020

“The success of our business strategy rests on the strength of our team and their ability to adjust quickly to the needs of our guests and their changing shopping patterns,” said Melissa Kremer , chief human resources officer, Target.

Contactless Payments 101

Contactless Payments Adjustments Volume On-Demand 101

Nanonets

DECEMBER 13, 2023

In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data. AI systems, particularly those incorporating machine learning, can adapt to new regulatory requirements by learning from updated datasets and adjusting their processes accordingly. What can be this data?

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

MAY 27, 2020

The ATM has emerged as one of CUs’ most important tools in this member engagement effort, in fact, with many investing in digitally-enabled ATM kiosks that provide members with on-demand videoconference consultations and a full range of digital banking services. For more on these and other CU news items, download this month’s Tracker.

ATM 97

ATM Innovation Credit Union Mobile Banking 97

PYMNTS

NOVEMBER 17, 2020

an unprecedented surge in demand for medical equipment like N95 masks, respirators and isolation gowns has created a nightmare procurement scenario for the healthcare industry. Big entities are able to contract at the large volumes manufacturers need," said Miller. At the height of the pandemic in the U.S., Leveling The Playing Field.

On-Demand 94

On-Demand Fincen B2B Addressing 94

PYMNTS

SEPTEMBER 23, 2020

Meanwhile, contactless card payments are up 150 percent year on year, pushed by consumer demand that’s growing by the day as customers fear touching point of sale (POS) terminals that they fear could carry germs. More generally, financial institutions are now in the position of having the highest [level of U.S.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

FICO

APRIL 22, 2020

I’m talking about scalability to handle virtually any volume of demand and the agility to rapidly change rules, workflows and scripts in dynamic situations.In For one client, faced with 20-times inbound call volume and zero agents, automated communications handled 100% of calls with no downtime.

Automation 85

Automation Volume Returns On-Demand 85

PYMNTS

JULY 30, 2020

Adjusted net income was $1.9 At the same time, adjusted operating profit was $2.3 Adjusted diluted earnings were $2.13 In early morning trading, UPS shares were $136.09, a 10 percent rise from the close on Wednesday (July 29) of $123.68. . billion, a nearly 9 percent increase above Q2 in 2019. billion, up 7.4 per share, an 8.7

Adjustments 56

Adjustments On-Demand Volume Economy 56

PYMNTS

DECEMBER 10, 2020

Plus, he explored the opportunity that procurement digitization offers to an industry still grappling with dizzying demand. According to Zosel, this traces back to the fact that many facilities must work with a wide array of volume of suppliers because they aren't simply procuring healthcare items. Pre-Pandemic Procurement Pains.

Adjustments 87

Adjustments Automation Process On-Demand 87

PYMNTS

APRIL 16, 2020

He said that Grab’s diversified approach — food and grocery delivery, ride-hailing, payments — has helped it adjust to the new normal during the coronavirus pandemic by scaling services according to demand. “In Gross Merchandise Volume, or GMV, is a key performance indicator (KPI) for most eCommerce firms.

On-Demand 52

On-Demand Volume Adjustments Facilitators 52

Seon

MARCH 20, 2024

Fraud’s Path to Escalation The digital age has ushered in a seismic shift in fraud, marked by increased costs and volume of fraudulent activities. The rise in fraud, including the growth of phishing attacks and synthetic identity fraud , demands more than what conventional fraud prevention techniques can offer.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

PYMNTS

OCTOBER 25, 2017

a share on an adjusted basis, $0.07 Netspend results were boosted by organic gross dollar volume growth, up 13.7 Within its customer base, while adding another 100,000 demand deposit accounts, Total System has seen its small business gross daily volume grow by 50 percent year over year in the latest quarter.

Transactions 54

Transactions Issuers Fraud Detection Adjustments 54

Clearly Payments

OCTOBER 7, 2024

As of 2024, it is clear that the changes initiated during the pandemic are not just temporary adjustments but enduring shifts that continue to define the industry’s trajectory. This article covers the impact of COVID-19 on payment processing, supported by data and statistics that highlight the scope and scale of these changes.

Cross-Border 93

Cross-Border Processors Multi-Currency Contactless Payments 93

PYMNTS

OCTOBER 28, 2020

For example, in the United States, the demand on the internet infrastructure surged by 25 percent as large parts of the population practiced social distancing. Traditional retailers scrambled to adjust to a digital-only world. There is no queuing in lines when digital demand accelerates, only system outages and customer outrage.

Technology 73

Technology Economy On-Demand Real Time Payments 73

PYMNTS

MARCH 24, 2020

Through the coronavirus crisis, he said, sellers have proven to be resilient, and key indicators — including sales volume numbers seen across the Payoneer platform — have been better than expected, as they have outsourced supplies from additional countries or adjusted pricing. As Huang said, it’s been a challenging time.

Cross-Border 78

Cross-Border Cross-Border Payments Volume On-Demand 78

PYMNTS

MARCH 27, 2020

As more airlines cancel thousands of daily flights, shippers and freight forwarders are finding that capacity offered from their usual vendors has been affected, causing both ends of the shipping arrangement to make major adjustments to their strategies. They have traditional business models in place. Establishing Communication Lines.

Payer 87

Payer B2B On-Demand Shutdown 87

PYMNTS

MAY 6, 2020

The company is well positioned to capture demand that lies on the other side of the pandemic and recession, they added. The adjusted net loss of 44 cents was leagues worse than the 7 percent loss that had been expected. In terms of headline data, loan originations of $2.5 billion, were down 8 percent year over year. percent, at $1.7

Enrollments 72

Enrollments Origination On-Demand Adjustments 72

PYMNTS

NOVEMBER 16, 2020

Ongoing trade wars and rising costs of doing business in certain markets have manufacturers and other businesses adjusting where they operate and with whom. But the demand for such cross-border payment and FX solutions is on the rise in the region, a need Theaud said he hopes will help drive more SMEs to FinTech solutions like Statrys.

Cross-Border 56

Cross-Border FinTech Cross-Border Payments Small Business 56

Fintech Finance

MAY 30, 2024

Trustly , the global market leader in open banking payments, today releases its annual report for 2023 demonstrating robust growth and a significant increase in demand for its account-to-account technology. Furthermore, the transaction volume saw a substantial increase, growing by 48% over the same period.

Innovation 52

Innovation Fraud Prevention On-Demand Volume 52

Nanonets

AUGUST 7, 2023

During training, the model adjusts its internal weights and biases based on the differences between its predictions and the actual labels in the training data. learning rate) may be adjusted to fine-tune the model's performance.   Autonomous vehicles navigate bustling streets, detecting pedestrians and obstacles in real-time.

AI 90

AI Process On-Demand Automation 90

EBizCharge

OCTOBER 7, 2024

As the volume of output increases, the marginal revenues can vary depending on several factors, such as the market price, customer demand, and competitive markets. Regularly reviewing marginal revenue can also help you anticipate how changes in market demands or the cost of production will influence revenue increases.

On-Demand 52

On-Demand Adjustments Product Volume 52

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 64

Enrollments Cost Structure Adjustments Returns 64

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 63

Enrollments Cost Structure Adjustments Returns 63

PYMNTS

JUNE 4, 2020

billion and adjusted earnings per share of $1.02 billion and adjusted earnings per share of $1.02 Gross merchandise volume growth of 23 to 26 percent is anticipated for the quarter as all of its sectors are improving. The California-based eCommerce company said it expects Q2 revenues in a range of $2.75 billion to $2.8

Adjustments 57

Adjustments On-Demand Small Business Volume 57

PYMNTS

AUGUST 4, 2020

4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery. As for its overall results, LendingClub reported an adjusted net loss of $54.3 LendingClub posted second-quarter results on Tuesday (Aug. In terms of headline data, loan originations of $325.8

Origination 58

Origination Underwriting Adjustments On-Demand 58

PYMNTS

FEBRUARY 22, 2017

As online shoppers grow to expect, if not require, quick and easy shipping of their purchases, logistics companies have been making investments to keep up with increasing demand. we completed investments that enabled our network to respond with on-time service, even with this record-setting volume. population. population.

On-Demand 49

On-Demand Volume Adjustments Product 49

PYMNTS

OCTOBER 28, 2020

With the rising demand from small businesses during the pandemic, UPS has reported a third quarter revenue of $21.2 Our results were fueled by continued strong outbound demand from Asia and growth from small- and medium-sized businesses. In addition, the consolidated average daily volume increased by 13.5 percent from Q3 2019.

On-Demand 46

On-Demand Volume Adjustments Small Business 46

PYMNTS

MARCH 12, 2020

Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. As such, the consequences of real-time payments aren’t solely impacting consumers’ peer-to-peer ( P2P ) transaction activity.

RTP 85

RTP Real Time Payments Zelle Faster Payments 85