Fintech Finance

AUGUST 14, 2024

Over half of consumers worldwide (56%) have changed their spending habits from a year ago, not only becoming more price conscious but demanding payment choice, from debit cards and bank transfers to digital wallets and cash, according to new research from Paysafe (NYSE: PSFE), a global payment processor and digital wallet provider.

Research 98

Research Consumer Debit Card Payments 98

Fintech Finance

FEBRUARY 5, 2025

The addition of send capabilities and real-time alerts will enable FIS financial institution clients to fully harness the entire FedNow service by providing their consumers and commercial borrowers with a modernized and unified digital payment experience.

FedNow 97

FedNow Instant Payments Payment Networks Federal Reserve 97

Fintech Review

OCTOBER 1, 2024

Recent consumer research conducted by FullCircl reveals critical insights into public perception of digital identity verification processes. Surveying 1000 consumers, the study delved into their experiences and expectations regarding digital verification. By James Roberts , Digital Marketing Manager at FullCircl.

AML 98

AML Verification Research Consumer 98

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

Fintech Finance

JUNE 19, 2024

New research released today by emerchantpay , a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies. However, more work needs to be done to educate consumers.

BNPL 124

BNPL Research eWallet Payments 124

Fintech Finance

FEBRUARY 20, 2025

As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. The demand for innovative payment solutions is clear, with high-income groups particularly keen on adopting VRPs.

Innovation 87

Innovation Payments On-Demand Regulations 87

Fintech Finance

MARCH 11, 2025

A new survey of 4,500 travelers across five markets commissioned by travel payments specialist Outpayce from Amadeus , reveals growing demand for robust payment security, with over 70% of travelers stating they would choose a travel company based on its strong reputation for secure commerce.

Payment Security 96

Payment Security Security Data Breach Authentication 96

Fintech Finance

JULY 23, 2024

UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions.

Embedded Finance 98

Embedded Finance Digital Payments Research Consumer 98

Fintech Finance

DECEMBER 18, 2024

By incorporating Apple Pay, TCB Pay merchants can cater to the growing demand for fast and contactless payment options , enhancing customer satisfaction and driving sales. Boosted Sales Potential: According to a report by Federal Reserve surveys , 74% of consumers are more likely to shop at stores that accept digital wallets like Apple Pay.

Federal Reserve 93

Federal Reserve Contactless Payments Encryption Security 93

Fintech Finance

NOVEMBER 28, 2024

According to Mastercard research , nearly two-thirds of shoppers still struggle through manually entering their card details, with 25% of carts abandoned because checkout is too complex or slow.

Security 95

Security Visa Card Issuer Issuers 95

Fintech Finance

JANUARY 10, 2025

The European region presents significant growth opportunities for merchants and acquirers, with consumers increasingly seeking frictionless payment experiences. By combining industry research, data, and proprietary insights, JCB, Worldpay, Nexi and Worldline have shared a comprehensive perspective on the European payments landscape.

Acquirers 98

Acquirers Cross-Border Fraud Prevention Contactless Payments 98

PYMNTS

OCTOBER 5, 2020

While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Such moves seem likely to win over consumers in the COVID-19 era. Prior to the pandemic, few consumers had experimented with contactless payments at all.

Contactless Payments 144

Contactless Payments Consumer PayPal Payments 144

NFCW

APRIL 4, 2024

More than 80% of the respondents to a survey conducted by ABI Research on behalf of the NFC Forum said they have used a smartphone or smartwatch to make a contactless payment. The biennial NFC Usage and Adoption Study involved consumers in nine countries — the US, the UK, France, Italy, Spain, Germany, China, Japan and South Korea.

Consumer 122

Consumer Contactless Payments Use Case Research 122

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. However this is also influenced by other prevailing macroeconomic trends.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Fintech News

DECEMBER 16, 2024

However, while e-wallets thrived in the contactless era, the post-pandemic shift back to tactile and physical elements in the banking space as well as consumers increasing demand for more personalization has brought to the fore premium and metal offerings as exhibited by neobank, Revolut, and its enticing Metal plans.

Issuers 117

Issuers Payment APIs and Integration Payments APACS 117

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

NOVEMBER 18, 2020

According to the Fed’s latest quarterly report on household debt and credit, overall consumer debt hit $14.35 Credit inquiries over the past six months — a sign of credit demand — was down slightly to 122 million. August was the six month in a row that saw a drop in consumer credit card balances, the lowest level since 2017.

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

Fintech Finance

JULY 30, 2024

However, a survey of consumers revealed a mixed picture when it comes to adoption and attitudes towards Open Banking payments, also known as pay-by-bank. While Open Banking adoption is on the rise, there is a significant need to educate consumers about its benefits and alleviate their concerns.

Research 97

Research Continuity FinTech Cross-Border Payments 97

Fintech Finance

SEPTEMBER 19, 2024

New research published today by Adyen , the global financial technology platform of choice for leading businesses, has uncovered the importance of a frictionless payment experience for hotel customers, with over a third (37%) of consumers admitting to have left the booking process because they haven’t been able to pay the way they would like.

Research 96

Research BNPL Payments Returns 96

Fintech Finance

OCTOBER 28, 2024

aIn parallel, the demand for embedded finance from small-and-medium-sized businesses (SMBs) — a sector typically underserved by traditional financial institutions — has broadened well beyond payments.1 Given typical margins on these products, most platforms have an opportunity to multiply their current revenues by up to three or four times.

Embedded Payments 98

Embedded Payments Embedded Finance Research Finance 98

Fintech Finance

NOVEMBER 13, 2024

New research from Visa has revealed that two in five (40%) UK consumers would replace everyday personal items with biometrically powered devices – such as replacing their house or car keys with fingerprint access or facial ID. Surprisingly, nearly a third of people over the age of 65 would also make this swap.

Consumer 96

Consumer Crime Research Authentication 96

The Fintech Times

FEBRUARY 19, 2025

This new card will improve the flexible payments ecosystem which is projected to reach $14.7billion by 2027 according to Ken Research. This demand stems from the country’s thriving e-commerce sector and rise in digital payment solutions.

Visa 75

Visa Online and Mobile Banking Payments Payment Solutions 75

Fintech Finance

JULY 10, 2024

Research released today by emerchantpay , a leading global payment service provider and acquirer, has revealed the factors influencing how consumers choose to pay online. The demand for these aspects highlights the need for merchants to offer Open Banking as a payment method at the checkout.

Privacy 94

Privacy Consumer Security Payments 94

The Fintech Times

FEBRUARY 5, 2025

Tink , the payment services and data enrichment platform, has delved into the spending habits of over 2,000 UK consumers and 500 UK high-end merchants to find out how customer expectations are evolving at the higher end of the market. High-end merchants are in the perfect position to respond to this demand.

Payment Security 64

Payment Security Security On-Demand Payments 64

Fintech Finance

JANUARY 22, 2025

According to Mastercard research, despite ongoing economic pressures, the travel sector is flourishing, with nine out of the last 10 record-setting spending days in the global cruise and airline industry occurring during 2024.

Payments 97

Payments Acquirers Volume On-Demand 97

The Fintech Times

MARCH 13, 2025

The report by Engage People and The Wise Marketer, titled Cashing Out: What Consumers Expect from Loyalty Programs , revealed that financial-based rewards such as the ability to pay with points (PwP) are key in ensuring consumer retention and engagement. However, each of these factors impacted customer retention in a different way.

On-Demand 59

On-Demand Participant Consumer Research 59

The Fintech Times

NOVEMBER 16, 2024

Digital wallets, open banking and instant bank transfers are set to become the main forces transforming the payments landscape in the coming year, according to new research by payabl , the European financial service provider. As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

The Fintech Times

NOVEMBER 12, 2024

E-commerce merchants must embrace local payment methods in order to unlock significant growth, suggests a new report from market research firm Juniper Research. The research also suggests that payments for digital subscription services will grow the fastest in and around India over the next five years.

Research 59

Research Payments On-Demand Facilitators 59

Fintech Finance

APRIL 8, 2025

DailyPay , a worktech company and leading provider of on-demand pay, continues to prioritize the growth and expansion of its platform to meet the needs of its millions of workers nationwide. DailyPay’s platform is offered by many of the world’s leading employers to their millions of workers as a financial wellness benefit.

Financial Literacy 59

Financial Literacy Credit Cards On-Demand Continuity 59

The Payments Association

MARCH 19, 2025

We are seeing strong adoption and demands for wallets like PayPal, Alipay, and WeChat Pay as they have evolved from basic payment tools to comprehensive financial ecosystems. Some people might find this unexpected, but as digital wallets become more common, it makes sense for companies involved in payments to embrace them.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech Finance

MARCH 24, 2025

New research from Visa , a global leader in digital payments, reveals that Gen Z (ages 13-28) spends an average of 305 per month on subscription services. Gen Z stands out as the largest consumer group for subscriptions, with 93% surveyed having at least one. Millennials (ages 29-44) also spend a significant amount, at 261 per month.

Economy 52

Economy Disputes On-Demand Consumer 52

Fintech News

JANUARY 21, 2025

A new report by Twimbit, a Singapore-based research and advisory firm, highlights the state of open finance in Southeast Asia, exploring the different factors such as regional integration, technological innovation, evolving business models, and API monetization that are fueling the growth of the sector. appeared first on Fintech Singapore.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

The Fintech Times

APRIL 10, 2025

From a survey of 500 Gen Z consumers (aged 16 to 24) across the UK, Access PaySuite found that 39 per cent of respondents favour digital wallets, while a third say they rarely carry cash. The shift towards digital payments isnt merely a passing trend – its a fundamental transformation in how young people interact with the world.

Debit Card 64

Debit Card Digital Payments On-Demand Risk 64

Fintech Review

JANUARY 20, 2025

This robust credit expansion signals a strong demand for innovative financial solutions in one of Southeast Asia’s fastest-growing economies. ” The Vietnamese market presents substantial opportunities for digital lending innovation, with a rapidly growing middle class and increasing demand for consumer financing solutions.

AI 52

AI On-Demand Facilitators Finance 52

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. With advanced fraud management systems using AI and machine learning, issuers will proactively stop fraud before it happens, boosting consumer trust and confidence.

Cross-Border 88

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

The Fintech Times

JUNE 26, 2024

Changing consumer demands pose the biggest challenge to profitability for two-thirds of subscription businesses over the next decade, according to a new report by Minna Technologies. Customer demand for consolidation has led to the emergence of new channels to manage subscriptions, such as banking apps and aggregators.”

Technology 64

Technology Consumer On-Demand Consulting 64

The Fintech Times

DECEMBER 11, 2024

According to new research by payments services and open banking platform, Tink , climate-conscious consumers are investing in higher-quality goods, even if it means purchasing fewer items in total. The research suggests a shift to conscious consumerism is leading shoppers to be more cautious and considered when buying higher-end items.

Consumer 59

Consumer Research On-Demand Authentication 59