The Fintech Times

APRIL 4, 2025

Charles Stanley , the UK investment management company, has published new research revealing that an alarming amount (24 per cent) of ISA savers are not aware that there is a tax deadline for their 20,000 ISA allowance. According to the Charles Stanley research, younger savers are most in the dark when it comes to the ISA deadline.

Checks 40

Checks Research Continuity FinTech 40

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. eCommerce spiked because consumers demanded it and drove it.

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

SEPTEMBER 29, 2020

Consumer spending has been on something of a roller-coaster ride in 2020 thus far – dropping into the basement in the spring, but showing signs of recovery over the summer. businesses, coupled with federal funds injected into the system via $1,200 stimulus checks and $600-a-week enhanced unemployment payments.

Consumer 95

Consumer Governance Government Economy 95

FICO

AUGUST 23, 2021

But how many of those consumers can obtain a FICO® Score? . Calculations by FICO data scientists indicate that more than 232 million US consumers can be scored by the FICO® Score suite. As shown in Figure 1, the profiles of these consumers that lack sufficient traditional credit bureau data can be quite varied. .

Consumer 98

Consumer Research CFPB Credit Risk 98

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks.

Process 104

Process Processors Payments Compliance 104

Fintech News

JULY 16, 2024

Global analytics software leader FICO unveiled its latest global consumer fraud research , highlighting that complex identity checks are stalling Singapore’s digital banking progress. This increase in identity checks by Singapore banks is a direct response to the significant issue of identity theft in the country.

Identity Theft 110

Identity Theft Online and Mobile Banking Checks Compromise 110

Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. Additionally, AI-driven predictive analytics enhance system reliability, minimize downtime, and optimize resource allocation for peak efficiency.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

PYMNTS

NOVEMBER 17, 2020

Consumers’ banking habits have changed radically since the pandemic was first declared in March. PYMNTS research shows that consumers are 8.7 PYMNTS research shows that consumers are 8.7 million consumers in the United States (or 42.4 There are roughly 47.7

Mobile Banking 93

Mobile Banking Consumer Authentication Credit Union 93

PYMNTS

MARCH 13, 2020

Re-phrase and re-ask, and the consumer might do better — but it’s likely they get the same bad answer, or the bot digs deep and finds a way to give a worse one. Consumers, he noted, are often emotional when the call customer service. In a sales function, he noted, the programming can also zero in on what delights the consumer.

AI 101

AI Consumer Bots Authentication 101

Finovate

NOVEMBER 7, 2024

From the continued relevance of paper checks to the rapid growth of digital technology, payments continues to be one of the most fascinating — and important — areas in fintech. “One of the very prevalent modalities, or payment instruments, that still exist are paper-based checks. .

Cross-Border Payments 59

Cross-Border Payments Cross-Border B2C Checks 59

The Fintech Times

JANUARY 23, 2025

By adding Swish to the Ecommpay payment platform for payments in SEK, merchants can offer Swedish consumers their preferred way to pay. “Indeed, recent research found that as much as 72 per cent of consumers might abandon an online purchase if their preferred payment method was not available.

Multifactor Authentication 59

Multifactor Authentication Alternative Payment Methods Payments Authentication 59

Nanonets

MAY 10, 2024

Gathering information about any of these is known as market research.    Whether you are launching a new product or improving an existing one, market research is necessary to understand the market trend and user perception. The biggest challenge that market researchers face is gathering all this data.

Research 52

Research Use Case Automation Legal 52

Fintech News

JANUARY 13, 2025

According to a study by Levvel Research, a staggering 86% of SMEs still rely on manual processing invoices globally. Traditionally, it’s time-consuming for employees to submit claims and for the finance team to process and approve them. In Singapore, some businesses manage 200-500 invoices a month.

AI 120

AI Finance Automation SWIFT 120

The Payments Association

JANUARY 22, 2025

Airlines already have mobile boarding passes generated at check-in to expedite boarding, and some work has been done within the airline mobile application; United is a good example use case, eliminating a traditional ID requirement at check-in including baggage. Thats smart, convenient and secure.

Security 88

Security Online and Mobile Banking Credential Verification 88

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. consumer reporting agencies (CRAs). Average U.S. by Ethan Dornhelm. expand_less Back To Top.

Consumer 98

Consumer Credit Cards Payments Government 98

The Fintech Times

FEBRUARY 12, 2024

New research has been released by Capital One Insights Center , the research facility for the America-based bank, revealing the extent of consumers’ digital and financial literacy. The Capital One research shows some promising signs and some causes for concern simultaneously.

Financial Literacy 69

Financial Literacy Consumer Online and Mobile Banking Enrollments 69

PYMNTS

AUGUST 4, 2020

When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids for consumers. Ready For The Digital Shift.

Checks 119

Checks Accounts Consumer FDIC 119

Stax

JANUARY 21, 2025

Much like in the United States (and practically the rest of the world, for that matter), Canadian consumers have widely adopted credit cards and digital payments. Research shows that Canada has the world’s highest credit card ownership rate, with 82.7% of consumers owning at least one credit card.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment APIs and Integration 88

PYMNTS

DECEMBER 10, 2020

Consumers and microbusinesses have access to many disbursement options, yet they receive a significant share through legacy methods such as paper checks or digital methods that are non-instant. percent of consumers and 42.5 percent of Generation X consumers are unfamiliar with instant payments, while only 39.3

Same Day ACH 87

Same Day ACH Instant Payments Payer ACH 87

Tearsheet

JANUARY 28, 2025

But thats not all: a review implies no mandates, a check in. Her strategy spearheading this effort to reach the growth benchmark is a mix of focusing on fundamentals like consumer experience and security, as well as a strategic move to let the growing adoption numbers do the talking and attract more banks into joining the network.

Zelle 52

Zelle Transactions Credit Union P2P 52

Fintech Finance

DECEMBER 6, 2023

Wert , the payment solution provider enabling fiat payments in Web3, today announced their partnership with Avata , an InsurTech service provider and expert in digital asset insurance solutions, to offer customers first-of-its-kind protection for consumers purchasing NFTs on platforms leveraging Wert’s checkout solution.

Service Provider 105

Service Provider NFTs Embedded Finance Blockchain 105

PYMNTS

NOVEMBER 16, 2020

Payments speed is a crucial consideration for today’s consumers and microbusinesses when receiving disbursements, with PYMNTS’ research finding that more than half of the former and roughly 70 percent of the latter say they received at least one nongovernment payment within the past 12 months. percent of consumers and 70.8

Payer 102

Payer Instant Payments ACH Checks 102

Stax

JANUARY 21, 2025

A wide range of businesses can use POS systems, including those in retail, hospitality, or consumer services. Make sure to evaluate your needs and do careful research to find the best POS device for your business. For example, you have received consumer service if you get your car washed or your hair and nails done.

Point-of-Sale (POS) 88

Point-of-Sale (POS) Small Business Credit Cards Process 88

Fintech Finance

FEBRUARY 19, 2025

Todays consumers are at the forefront of embracing technologies that offer convenient and personalized experiences. Introducing One Credential With One Credential, consumers will be able to choose the payment option (which may include debit, installments, prepaid and credit) thats best for them, all through a seamless digital experience.

Credential 59

Credential Visa Embedded Finance Innovation 59

PYMNTS

NOVEMBER 5, 2020

There’s a bit from “Seinfeld” way back in the 20th century that, paraphrased, goes like this: A check is like a note from your parents that states, “I don’t have any money, but if you contact these people … I’m sure they’ll stick for me. Overall, consumers report getting 22.4 If you could just trust me this one time …”. And with 25.8

Faster Payments 98

Faster Payments Instant Payments Payments Same Day ACH 98

PYMNTS

DECEMBER 10, 2020

New PYMNTS research shows such assumptions are off-base, however, as is often the case with generational stereotypes. Millennials are in fact as likely as other generations to have credit cards, with nearly nine out of 10 having at least one card, according to PYMNTS’ latest research. PYMNTS research shows 11.5

BNPL 96

BNPL Credit Cards Research Consumer 96

The Fintech Times

JANUARY 31, 2024

Amid economic struggles across the globe, consumers in the US are trying to become more aware of their credit. The Global Credit Monitoring Study by TransUnion was conducted to better understand the distinct profiles, motivations and future outcomes of credit monitoring consumers.

Checks 59

Checks Underserved Consumer Credit Cards 59

The Fintech Times

JANUARY 16, 2024

Ravelin , the fraud prevention provider, has released research revealing that 37 per cent of consumers do not see the issue with taking advantage of loopholes and gaps in retailers’ policies for their own gain. It found that vast numbers of consumers of all ages regularly commit fraud.

Consumer 59

Consumer Fraud Prevention Risk Checks 59

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm. Our research shows that 28.5 For example, 90.3

Debit Card 96

Debit Card On-Demand ATM Consumer 96

Fintech Finance

JUNE 12, 2024

This new research shows incredible acceleration of digital payments, but there is still more the industry can do to bring streamlined remittances within reach for more migrant workers and their families who rely on these lifeline payments.” Similarly, digital apps are also favored for receiving remittances in all markets.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Financial Inclusion Checks 97

Tearsheet

OCTOBER 2, 2024

Morgan have recently announced a partnership aimed at facilitating the transition from checks to digital payments for major banks in the United States. Despite the availability of digital alternatives, approximately one-third of B2B transactions continue to use cash and checks. Codat and J.P.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

SEPTEMBER 14, 2020

As more manufacturers and other sellers migrate their sales strategies online, they're seeking to please online shoppers the same way Amazon has done for individual consumers. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It is their job. noted King.

B2B 107

B2B B2C Checks Commercial Card 107

CB Insights

JANUARY 5, 2021

In contrast, online banking in the US has surged with 73% of consumers using it regularly, up from 46% in 2010. . Seniors in the US remain largely disconnected, with a third of those aged 65+ saying they never go online, according to Pew Research. The dominance of physical banking has waned over the past 2 decades. Source: PwC.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

PYMNTS

SEPTEMBER 22, 2020

“While people are scared about their health and finances, con artists are having a field day,” Lucy Baker, a consumer program associate at the U.S. Do your research and ask yourself if that website, email, text, direct message or call is legit. PIRG Education Fund, told CNBC. “We We all need to be on our guard.

FTC 102

FTC Scams Federal Trade Commission Verification 102

The Fintech Times

AUGUST 7, 2024

Biometric loyalty program check-in and payment provides a swift ordering and checkout experience for merchants and customers alike. ” PopID research has shown the platform decreases ordering and checkout times by up to 90 seconds per transaction and can increase ticket size by four per cent. The post J.P

Enrollments 104

Enrollments Payments Authentication Encryption 104

Fintech Finance

NOVEMBER 12, 2024

Payment Passkeys will revolutionize the consumer journey by eliminating the need for One-Time-Passwords (OTPs) and enabling device-based biometric authentication methods such as fingerprints or facial scans. Mastercard’s research shows that 90% of consumers worldwide believe biometrics are more secure and convenient than passwords.

Visa 98

Visa Gateways Authentication Payment Gateways 98

Fintech Finance

DECEMBER 14, 2023

Despite economic challenges, nearly half of consumers believe the economic situation will improve in the short term and expect to spend more in the next year. Unsurprisingly, consumers are increasingly drawn to discounted items, with 38% indicating a higher likelihood of purchasing discounted products compared to a year ago.

Consumer 52

Consumer BNPL Research Product 52