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

The Fintech Times

OCTOBER 16, 2024

A new report detailing the payment habits of consumers in the Nordic countries has been published by Nets , part of the European paytech, Nexi Group. It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise. Meanwhile, 9 in 10 consumers are expecting to spend the same or less.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

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 98

Digital Payments Push-to-Card Cross-Border Payments 98

The Fintech Times

DECEMBER 9, 2023

Consumer Duty, a set of rules aimed at enhancing consumer protection in the financial services sector, came into force in July 2023. 2023 saw the introduction of a new Consumer Duty, setting higher and clearer standards of consumer protection across financial services, and requiring firms to put customers’ needs first.

Consumer 109

Consumer Financial Literacy Regulations AI 109

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

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

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

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. However, one thing still rings true: Consumers need a reason to change ingrained behaviors. By contrast, U.S. By contrast, U.S.

Consumer 126

Consumer Push-to-Card Ubiquitous Credit Cards 126

PYMNTS

NOVEMBER 23, 2020

As of late October, data released by LendingTree indicated that a quarter of consumers were already finished with their holiday shopping for 2020. A pick-up in consumers looking to get the jump on the biggest shopping season of the year seems to be a certainty, with large swaths of customers buying more and earlier.

Consumer 99

Consumer Push-to-Card On-Demand Transactions 99

The Fintech Times

MARCH 13, 2024

Fondeadora , the financial service provider in Mexico, has reaffirmed its commitment to delivering secure digital payment services in the region as it partners with MeaWallet , the digital payments enabler specialising in card tokenisation. This highlights the clear demand for Fondeadora’s digital financial services.

Digital Payments 62

Digital Payments Push-to-Card Online and Mobile Banking Payments 62

Fintech Finance

OCTOBER 15, 2024

Nello Pay and Nello AI aims to transform the way businesses and consumers interact with financial services to deliver unprecedented insights, automation, and security, enabling users to experience a smarter, faster, and more seamless way to complete payments and manage their finances. Launching across the EU and the U.K., What is Nello Pay?

AI 93

AI Payment APIs and Integration End User Push-to-Card 93

The Payments Association

NOVEMBER 7, 2024

The payment sector is at the front of financial innovation – from Buy Now Pay Later and Apple’s Tap to Cash to digital wallets and virtual credit cards. The payment sector is at the front of financial innovation – from Buy Now Pay Later and Apple’s Tap to Cash to digital wallets and virtual credit cards.

Compliance 88

Compliance Innovation Regulations Payments 88

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

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 113

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 113

Fintech News

OCTOBER 10, 2024

Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. India banks are also investing in technology to enhance digital customer acquisition, leading to a rising demand for customer relationship management (CRM) platforms to handle leads from various channels.

Payment APIs and Integration 111

Payment APIs and Integration Innovation Push-to-Card API 111

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

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

PYMNTS

MARCH 21, 2016

What’s the biggest obstacle facing the on-demand delivery economy? Others might point to ever-growing logistics costs in the face of similarly increasing consumer expectations on when they deserve their deliveries. According to an annual consumer protection investigative program aired on China’s CCTV, drivers for Ele.me

On-Demand 40

On-Demand Push-to-Card Economy Legal 40

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

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

DECEMBER 11, 2020

That’s the reality that the majority of consumers — 78 percent, according to Blackhawk’s data — are already anticipating a post-pandemic world where their shopping habits will permanently shift to digital. Digital Gift Cards ’ Growth. She said a few factors — some more obvious than others — are pushing that trend.

Posting 116

Posting Push-to-Card Debit Card On-Demand 116

The Fintech Times

OCTOBER 21, 2024

These studies also suggest that by 2029 the EV market will reach a 1.084billion revenue in the US alone , and with over 26 million EVs on the roads globally as well as significant government push toward a green transition, we are witnessing a major shift in what powers our everyday mobility. per cent growth year-on-year across the world.

Payments 52

Payments Push-to-Card On-Demand Governance 52

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 113

Contactless Payments Push-to-Card Payments Online and Mobile Banking 113

Fintech Finance

AUGUST 29, 2024

Debuting first in India as a pilot with some of the nation’s largest payments players, including payment aggregators such as Juspay , Razorpay and PayU , online merchants such as bigbasket and leading banks such as Axis Bank , the service will give millions of consumers more control and peace of mind when checking out online.

Visa 101

Visa Security Authentication Payments 101

The Payments Association

OCTOBER 14, 2024

To rethink the assumptions behind CBDC proposals and push for more privacy-oriented innovative solutions Many central banks and financial authorities worldwide are experimenting with central bank digital currency (CBDC), including the European Central Bank, the US Federal Reserve, and the Bank of England, among others. Why is it important?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

MARCH 14, 2017

Whether it’s checking a bank account balance or placing an order online, consumers expect fast, convenient and immediate results. PYMNTS: How do push payments differ from faster payments? DE: The idea of fast funds continues to consume an outsized proportion of the industry’s headspace. Here is an excerpt of the conversation.

Consumer 40

Consumer Push-to-Card Gateways P2P 40

PYMNTS

NOVEMBER 11, 2019

Payments is a different game than theoretical physics, but the industry has its own push for unification — in this case, a single card that serves as a one-stop shop for transactions or financial services. Simply put, a super app is a mobile app designed to improve and ease payment and retail flows for consumers.

Consumer 43

Consumer Push-to-Card PayPal Payments 43

PYMNTS

NOVEMBER 12, 2020

Many consumers’ financial needs revolve around international transactions, meaning they require banking services that can help them smoothly make or receive cross-border payments. This Deep Dive examines the challenges involved in providing consumers with international services and examines how BaaS could help. Legacy Remittance Pains.

Cross-Border Payments 53

Cross-Border Payments Cross-Border Consumer On-Demand 53

Clearly Payments

JANUARY 25, 2024

We’ll delve into the impact of this trend on businesses, including the challenges and opportunities they face in adapting to changing consumer preferences. This will shed light on the payment methods embraced by businesses and consumers across various industries, sizes, and geographical locations. for the 2022-2027 period.

Process 94

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 94

The Fintech Times

MAY 22, 2024

In its Annual Fraud Report 2024 , UK Finance detailed the amount its members reported as stolen through payment fraud and scams, with a primary focus on authorised push payment (APP) fraud and unauthorised fraud. ” Unauthorised fraud losses Unauthorised fraud is when your card details are used by someone else without your permission.

Scams 57

Scams Finance Push-to-Card Romance Scams 57

PYMNTS

MAY 12, 2016

Procurement is looking a lot more like consumer eCommerce, especially for smaller, one-off purchases. Kramer told PYMNTS why Ergo Works jumped at the opportunity to join another B2B eMarketplace like Spot Buy and how a certain breed of supplier needs to remain agile as the line between B2B and consumer eCommerce continues to blur.

On-Demand 40

On-Demand Commercial Card B2B Push-to-Card 40

Fintech News

MAY 2, 2024

Customer Demand-Driven Regional Expansion Samarth Bansal, the General Manager of Wise Platform for the Asia Pacific region, emphasises the company’s customer-centric approach to expansion. As of FY23, Wise boasts 10 million active customers, a 34% year-over-year increase, and moves approximately £25 billion each quarter.

Cross-Border 100

Cross-Border Cross-Border Payments Push-to-Card On-Demand 100

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

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

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