PYMNTS

JULY 28, 2020

The pandemic has changed how consumers purchase goods, with many avoiding brick-and-mortar stores due to the continued threat of catching the virus in public spaces. consumers did at least some shopping online as of April 11 — a figure that had risen to 35.7 percent of total debit spend during that week. percent of U.S.

Debit Card 85

Debit Card Treasury Online and Mobile Banking Governance 85

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

Tearsheet

FEBRUARY 7, 2024

This indicates a shift away from physical debit card usage toward using debit cards through digital wallets. Despite being used mainly for purchases, consumers want digital wallets to offer more features, such as managing and setting up recurring bills, facilitating account-to-account transfers, and investing.

Debit Card 119

Debit Card Online and Mobile Banking Non-Bank Credit Cards 119

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 133

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 133

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

Payments Source

JANUARY 14, 2021

The online lender founded by Renaud Laplanche is now a full-fledged challenger bank that can offer generous checking terms because, it says, it can count on its loans for profits.

Debit Card 63

Debit Card Mobile Banking Checks Credit Cards 63

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

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Debit Card 62

Debit Card Online and Mobile Banking Push-to-Card P2P 62

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards.

Debit Card 121

Debit Card Online and Mobile Banking Scams Card Issuer 121

Fintech Finance

JUNE 4, 2024

PPRO , the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. As Sweden’s go-to mobile payment service, Swish is one of the largest payment solutions in Europe and will be available to PPRO customers in the coming months.

Consumer 52

Consumer Cross-Border Payment APIs and Integration 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 PCI DSS Payment Gateways 52

PYMNTS

OCTOBER 14, 2020

14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as positives for the period. “As On the plus side, Wells Fargo reported that card fees rose to $912 million in the third period, up from $797 million in second quarter. Debit card point-of-sale purchase volume hit $102.9

Debit Card 82

Debit Card Online and Mobile Banking Non-Bank Volume 82

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 In fact, they are the most used payment method amongst UK consumers across all age groups. Is mobile banking set to dominate?

Online and Mobile Banking 59

Online and Mobile Banking Contactless Payments Debit Card Payments 59

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. This growth is driven by increased adoption of digital payment methods, evolving consumer behavior, and an expanding e-commerce sector.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

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. How the products work.

Debit Card 71

Debit Card Checks Accounts FinTech 71

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

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 123

Online and Mobile Banking Treasury Non-Bank Finance 123

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Fraudsters are out there moving pretty quick, and so banks have to be out there moving quick with them.”. More Debit Payments, More Debit Fraud. is huge,” Tremont said. “[It

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 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

PYMNTS

APRIL 28, 2020

The coronavirus pandemic has left consumers staying home when possible to stop the virus’s spread. These shifts have made digital banking and debit transactions more important than ever. FIs need to adjust their offerings accordingly to suit consumers’ new needs. Around the Next-Gen Debit World.

Online and Mobile Banking 95

Online and Mobile Banking Debit Card Direct Deposit Contactless Payments 95

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

Tearsheet

NOVEMBER 19, 2024

The success of any specific payment method is strongly affected by macroeconomic factors, consumers’ perceptions, and technology. Take debit cards. A big reason for this delay was that the debit card technology needed the ATM network to spread out and gain traction among consumers.

Payments 52

Payments Debit Card Online and Mobile Banking Push-to-Card 52

PYMNTS

JANUARY 20, 2020

There are a few common themes among big bank earnings reports. consumer is strong, and the ripple effects of strong U.S. consumer spending is carrying over to other areas where banks get their bread and butter. And, increasingly, digital conduits are gaining a share of consumer and commercial spending. In the U.S.,

Consumer 53

Consumer Online and Mobile Banking Debit Card Credit Cards 53

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. Going Mobile. Tuesday (Jan.

Consumer 52

Consumer Online and Mobile Banking Zelle P2P 52

PYMNTS

NOVEMBER 30, 2020

Smartphones have become a ubiquitous part of life for consumers around the globe. 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. The report surveyed 2,141 U.S.

Consumer 68

Consumer Card Issuer Accounts Online and Mobile Banking 68

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. . Our research suggests that traditional FIs may be underestimating consumers’ willingness to embrace new, and some say better, ways to manage and spend their cash.

Online and Mobile Banking 73

Online and Mobile Banking Debit Card ATM Accounts 73

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. In order to receive card-based payments, businesses need to have a merchant account.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

EBizCharge

APRIL 25, 2024

Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank. This account serves as an intermediary between the business and the payment processor or acquiring bank, facilitating the secure processing of credit and debit card transactions, among other forms of payment.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

Fintech News

AUGUST 12, 2024

A new report by Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers an analysis of the country’s fintech sector and provides rankings of the most reputable fintech companies in Vietnam based on their online reputation and reach.

FinTech 99

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 99

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

JUNE 9, 2020

Mobile banking has been edging out desktop banking for years, but branch closures during the COVID-19 pandemic appear to have given it a significant push. Registrations on mobile banking apps rose 200 percent in April, for example, and mobile traffic on such apps jumped 85 percent for the month.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

PYMNTS

JULY 16, 2020

Bank of America reported Thursday (July 16) that that the number of customers using the firm’s mobile and digital platforms grew during the second quarter even as the pandemic raged. However, the bank nonetheless built up an extra $4 billion in reserves during the period to cover any future credit losses. consumer cards vs. $93.6

Online and Mobile Banking 57

Online and Mobile Banking Zelle Debit Card Mobile Banking 57

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. Authorization The credit card details captured by your POS or online payment gateway will be sent to your payment processor.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. Mobile payments are much more secure than cash and checks.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

PYMNTS

APRIL 21, 2020

The coronavirus pandemic winds on, and while it seems like it’s been forever, when — and not if — we emerge from all this, consumer spending will be altered. Overall credit card spend was down 29.9 percent and debit card spend was off 18.1 In other cases, said Fagan, CUs have increased credit lines. The Shift In Payments.

Consumer 67

Consumer Credit Union Credit Cards Debit Card 67

PYMNTS

DECEMBER 9, 2019

Cards over cash – specifically, debit cards over cash. Among the findings of the recent 2018 Diary of Consumer Payment Choice , produced through several of the U.S. Federal Reserve Banks, electronic payments are on the rise. Credit held sway over both cash and debit. Credit held sway over debit, at 27.5

Fed 56

Fed Debit Card Consumer Federal Reserve 56