Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 126

Financial Inclusion Embedded Finance Payments Push-to-Card 126

The Payments Association

OCTOBER 28, 2024

The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.

Process 100

Process Payment APIs and Integration Processors Payments 100

PYMNTS

NOVEMBER 4, 2020

Various digital methods have since joined these options as consumers have embraced smartphones and other electronic devices, but the COVID-19 pandemic has been accelerating digital uptake in an unprecedented way. Many of the numerous ordering and payment methods that today’s QSR customers enjoy have taken time to evolve and catch on.

Consumer 92

Consumer Digital Payments Payments Push-to-Card 92

Fintech Finance

JANUARY 12, 2024

Dubai First , the consumer services platform under First Abu Dhabi Bank (FAB), has become the first issuer in the region to leverage Mastercard Token Connect to push customers’ tokenized card details from its mobile app to Click to Pay and digital wallets.

Issuers 92

Issuers Visa Push-to-Card Online and Mobile Banking 92

Fintech Finance

NOVEMBER 5, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, today announced several updates to its products in support of Click to Pay. The Click to Pay payment method is designed to deliver a seamless and secure online payment experience, enhancing both convenience and speed for consumers and merchants.

Enrollments 89

Enrollments Push-to-Card Payment APIs and Integration Issuers 89

PYMNTS

SEPTEMBER 23, 2020

Consumer engagement has become a very different ballgame for financial institutions (FIs) in the past several months, as the physical branches that were the cornerstone of making connections with customers closed down. 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

Fintech Finance

OCTOBER 15, 2024

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 81

Mobile Payments Push-to-Card Payments Contactless Payments 81

PYMNTS

NOVEMBER 26, 2019

All of our members are now super accustomed to an on-demand world, with … Uber and Lyft and Seamless and Grubhub and Amazon Prime,” Grace Roberto, SAFE’s senior digital product manager, recently told PYMNTS. SAFE has been delivering on-demand experiences since 2016, when it launched a targeted marketing function on its mobile app.

Credit Union 52

Credit Union On-Demand Push-to-Card Privacy 52

PYMNTS

MARCH 28, 2019

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. Today Visa , with Visa Direct , has added another use case for push payments — this time on a global scale. Visa Direct is the card network’s instant push payments platform.

P2P 87

P2P Cross-Border Push-to-Card Debit Card 87

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 Only 26 percent of all consumer purchases in the U.S. are made with cash , for example, and 63 percent of consumers have at least two credit cards. Only 26 percent of all consumer purchases in the U.S.

Regulations 98

Regulations B2B Instant Payments Payments 98

The Fintech Times

DECEMBER 21, 2023

“Consumers and businesses are increasingly demanding quicker payments,” she says. In 2024 I expect to see a surge in real-time transfers as more customers demand a seamless banking experience.” In 2024 I expect to see a surge in real-time transfers as more customers demand a seamless banking experience.”

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

PYMNTS

FEBRUARY 27, 2019

There might be one word that consumers would use to describe the state of disbursements in early 2019: mediocre. Millennial consumers probably wouldn’t be so generous. That naturally led, he said, to consumers asking the logical question: “Why can’t I choose how I am paid and when?”. What consumers don’t want is the paper check.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

PYMNTS

MARCH 13, 2019

Whether its receiving loans from their financial institutions (FIs), getting rebates from merchants or receiving on-demand payments, consumers want more options in how they receive their disbursements. When it comes to receiving disbursements, there is a growing gap between what consumers want and what they get, the Index highlighted.

Direct Deposit 54

Direct Deposit Consumer Instant Payments On-Demand 54

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. Brazil, a pioneering ecosystem, has launched Open Insurance , whilst Australia’s Consumer Data Right also supports Open Insurance, and is expected to launch later in 2024.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

Fintech Finance

DECEMBER 17, 2024

The Digital Future Forum highlighted the evolving preferences and behaviors of Vietnamese consumers. Increasingly drawn to international travel, luxury purchases, and digital transactions, Vietnamese consumers are part of a strong trend towards experiential consumption. Vietnams stable inflation and projected GDP growth of 6.1%

Payments Trends 76

Payments Trends Cross-Border AI Payments 76

PYMNTS

JANUARY 18, 2021

The pandemic is causing fluctuations in the global economy, and supply and demand shifts are causing many businesses to face liquidity stresses and limited credit access. Such touchless payment options are being used alongside traditional ones like credit cards and checks.

Treasury 127

Treasury API Best Practices Risk 127

PYMNTS

DECEMBER 22, 2020

And now, thanks to a global pandemic that has pushed more business online, tightened wallets and compressed delivery times, the retail landscape has undergone huge changes in a relatively short amount of time. “So According to Dorbala, such moves send a message that a business is confident consumers who shop around will come back.

Push-to-Card 116

Push-to-Card Consumer On-Demand Use Case 116

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. With a focus on optimizing cash flow for merchant customers, EVO Payments has announced a new feature that enables businesses to access funds from card transactions in real time.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

JANUARY 20, 2020

What reports indicate so far is that the eCommerce giant is developing technology that will allow consumers to link their card data/Amazon Pay mobile wallet to their palm print alongside payment terminals that will be able to scan that palm print and allow them to make purchases without ever having to pull out a card or phone.

Payments 110

Payments Push-to-Card Point-of-Sale (POS) Issuers 110

PYMNTS

SEPTEMBER 24, 2019

Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Around the Faster Payments World.

P2P 98

P2P Faster Payments Push-to-Card Point-of-Sale (POS) 98

Fintech Finance

OCTOBER 9, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization announces its partnership with B89 , a pioneering TechFin (fintech fully driven by technology and data) company dedicated to creating Latin America’s first cross-border Neobank.

Digital Payments 93

Digital Payments Push-to-Card Cross-Border Payments 93

PYMNTS

OCTOBER 10, 2019

Real-time payments are currently among the hottest trends and topics in the payments industry — a source of significant investment and regulatory attention, as financial institutions and other players strive to meet consumer demand for faster money movement. That’s a huge benefit.”. Pull Payment Trends.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

PYMNTS

AUGUST 3, 2020

The pandemic has pushed digitization from a “nice to have” to a “have to have” for consumers all over the world and across all age demographics. But as Karen Webster noted in a recent On the Agenda conversation with a panel of industry experts, a funny thing happened to consumers on their way to the digital forum.

Push-to-Card 107

Push-to-Card Ubiquitous On-Demand Use Case 107

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

The Fintech Times

MARCH 20, 2024

After years of pushing to a fully digital payments landscape that will in theory see a cashless economy in the (reasonably) near future, it could all come tumbling down after a series of technical issues that has seen major retailers unable to process card or contactless payments and once again relying on notes and coins.

Contactless Payments 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

APRIL 17, 2020

As of today, consumers nationwide are facing levels of uncertainty that have no historical parallels. Unemployment filings have set records and consumers are deeply concerned about their futures. It is a lot of small things that happen through these rough patches that help consumers stay calm rather than run off in a panic. “It

Credit Union 63

Credit Union Consumer Push-to-Card Contactless Payments 63

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth.

Contactless Payments 82

Contactless Payments Security Point-of-Sale (POS) On-Demand 82

PYMNTS

FEBRUARY 5, 2020

And even if it doesn’t quite make it over the trillion-dollar milestone, consumer spending will certainly get within striking distance – which attests to the fact that in the U.S. During the Black Friday and Cyber Monday shopping events and beyond, consumers were increasingly turning to buy now, pay later (BNPL) solutions in the U.S.

Consumer 57

Consumer BNPL Credit Cards Push-to-Card 57

PYMNTS

NOVEMBER 18, 2020

consumers’ cash use has declined over the last several years in terms of its share of the overall payments pie, but as consumers spend more, the pie gets bigger, and as people continue to use cash, cash usage continues to grow. While its imminent death has been long forecast, cash just keeps on living to pay another day.

ATM 121

ATM Federal Reserve Push-to-Card Consumer 121

PYMNTS

DECEMBER 3, 2020

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. The Value Proposition.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

The Payments Association

DECEMBER 18, 2024

The growing adoption of mobile and internet technology and rising consumer expectations for instant payment experiences will drive financial inclusion forward. trillion transactions by 2027. A team of Paymentologys payment experts explore what we can expect to see in the payments industry next year.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

PYMNTS

JULY 17, 2019

These new regulations potentially benefit customers by giving them control over their data, but lost in discussions about merchant unpreparedness is how much consumers are aware of PSD2’s impending enactment. The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept.

Consumer 65

Consumer Authentication Online and Mobile Banking Compliance 65

PYMNTS

OCTOBER 2, 2019

To get a sense of where faster payments are headed, look to the consumer. Some of them have been mandated by governments, readying for anticipated demand. The Consumer Case, Leading To The Business Case. Yet, Kresse pointed out that, ultimately, individual consumer behavior drives changes in business behavior.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

DECEMBER 11, 2020

Consumers are going digital and are finding the experience to be an upgrade, while the physical retail channel is becoming increasingly unsatisfying by a pretty wide margin. Consumers are telling us they don't want to go in [the store] right now,” Herron said. Winning The Digital Consumer. I know which parking [lot] to go to.

Push-to-Card 109

Push-to-Card Consumer On-Demand Innovation 109