PYMNTS

DECEMBER 18, 2020

18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. FedEx reported on Friday (Dec. in diluted EPS on $17.3

Volume 105

Volume Adjustments On-Demand Returns 105

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

4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. GDP is rebounding, initial unemployment claims are dropping, and consumer spending is recovering in many categories.”. We are not sitting still and hoping for things to get better.”.

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

NOVEMBER 17, 2020

Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. Fraudsters know that higher transaction volumes and a demand for fast processing times leave merchants vulnerable to attacks. Behavioral Biometrics Ensure You Are You .

Volume 72

Volume Transactions Account Takeovers Phishing 72

PYMNTS

SEPTEMBER 24, 2020

With the coronavirus crisis having upended the shopping habits of tens of millions of consumers and pushed more and more sales online, Target said its seasonal hires will reflect this new reality. The retailer also said it will train more store employees in handling the new services so they can pitch in during the busiest shifts.

On-Demand 46

On-Demand Volume Consumer 46

FloQast

NOVEMBER 20, 2024

Efficient account reconciliations is a cornerstone of modern accounting practices, demanding precision and speed to keep pace with today’s financial landscape. These challenges are often exacerbated by time-consuming manual matching processes and inconsistencies in data.

Reconciliation 52

Reconciliation AI Transactions Accounts 52

PYMNTS

FEBRUARY 7, 2020

Between a continued reliance on legacy tools and a rising demand for data capture, integration and analytics, making a single B2B payment faces no shortage of obstacles. Furthermore, when multinational conglomerates need to make a high volume of payments to each other every day, those obstacles compound. The Data Management Hurdle.

Volume 40

Volume B2B Cross-Border On-Demand 40

Fintech Finance

NOVEMBER 19, 2024

This enables them to cater to Pakistani consumers’ payment preferences, all while meeting stringent local compliance standards. As more consumers embrace digital solutions, demand is rising for secure, accessible local payment options that connect them to global markets. billion to 6.4 billion in just one year.

Cross-Border Payments 98

Cross-Border Payments Regulatory Compliance Cross-Border Fraud Prevention 98

PYMNTS

JULY 14, 2020

Those declines were pushed largely by JPMC’s hard-hit consumer banking segment, where revenue fell 26 percent to $5.1 Moreover, Dimon noted that while the bank saw some of its lending portfolio hit hard by the pandemic during the second quarter, JPMC has also started seeing some green-shoot signs of returning consumer demand.

Volume 65

Volume Credit Cards Non-Bank Push-to-Card 65

Fintech Finance

OCTOBER 28, 2024

This expansion of the facility and an increase in its maximum size just four months after the initial securitisation announcement reflects the acceleration in Zilch’s transaction and lending volumes.

On-Demand 103

On-Demand Payment Networks Volume Participant 103

Fintech Finance

NOVEMBER 7, 2024

Breakthrough payment orchestration provider BR-DGE has appointed Chun Ong as its new Chief Operating Officer, as the company scales rapidly to meet unprecedented demand for its pioneering and modular services. As we scale, we want to ensure our values, culture and commitment to our customers remain unchanged.

On-Demand 98

On-Demand Payments Consulting Laws 98

PYMNTS

AUGUST 2, 2019

But for apparel that costs more and needs to look nice, the conventional wisdom was that consumers wouldn’t be as willing to make a blind buy. Better use of digital technology shouldn’t just recreate an in-store experience in an online context – it should actually use the digital toolbox to provide things consumers can’t get in stores at all.

On-Demand 49

On-Demand Returns Product Consumer 49

PYMNTS

APRIL 24, 2019

This is the first time parent company PayPal has revealed any user numbers for the app, with its Q1 earnings report showing that the total payments volume for Venmo grew 73 percent year over year to reach $21 billion. The company added that Venmo is on track to generate $100 billion in payments volume this year. billion estimates.

Venmo 53

Venmo Volume PayPal Debit Card 53

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

NFCW

JULY 9, 2024

CONSUMER PREFERENCE: Customer demand is driving the uptick in contactless card shipments: Nine in ten of the 3.2bn smart payment cards and modules shipped in 2023 included support for contactless payments “as consumers in all markets embrace touch free payments and tap-to-pay goes mainstream”, the Smart Payment Association reports.

Contactless Payments 97

Contactless Payments Payments On-Demand CHIPS 97

Fintech Finance

OCTOBER 31, 2024

Following strong demand from both local and international payment providers, Lunar opened its Nordic payment infrastructure to partners in June 2023. Collectively, these partnerships handle over €250 billion in global transaction volume, with Lunar processing over 10,000 transactions daily.

Payment Solutions 97

Payment Solutions Payment APIs and Integration Cross-Border Payments Cross-Border 97

Fintech Finance

OCTOBER 23, 2024

MoneyLion Checkout will let consumers complete financial transactions across hundreds of providers in real time without leaving the MoneyLion platform—a first in the financial services industry that parallels the online travel marketplace experiences consumers know and love.

Transactions 97

Transactions AI Product Consumer 97

PYMNTS

OCTOBER 14, 2020

What we are seeing as we turn into October is that spending by our consumers is still solid and about 10 percent ahead of last year.”. Moynihan said America’s second-largest bank sees consumer and commercial demand continue to improve, alongside a U.S. For example, the bank’s consumer business saw 2.3

Consumer 81

Consumer Credit Cards Non-Bank On-Demand 81

PYMNTS

APRIL 26, 2019

Jiang Fan wants to increase transaction volume by two times in three years. The tie-up was said to provide more than half a billion consumers in China with Boots beauty brands. With ambitious aims for Alibaba Group Holding Ltd.,

Volume 49

Volume Transactions B2C On-Demand 49

Fintech Finance

AUGUST 21, 2024

After processing $58 billion in transaction value globally and achieving 79 percent year-over-year growth in Total Payments Volume (TPV) in 2023, Trustly looks to reinforce its product team by bringing on D’arcy to lead several upcoming product expansions for Open Banking Payments. Trustly, Inc., I’ve known Adam for years.

Payments 96

Payments On-Demand Product Finance 96

The Fintech Times

NOVEMBER 20, 2024

Consumers in Pakistan are quickly embracing digital solutions, with 83 per cent of the population having a smartphone, and 39 per cent having access to the internet. With over 240 million people in total currently, the demand for secure, accessible local payment options that connect them to global markets is on the rise. billion to 6.4

Cross-Border Payments 68

Cross-Border Payments Regulatory Compliance Cross-Border Fraud Prevention 68

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. is suddenly popping up everywhere.

Consumer 126

Consumer Push-to-Card Ubiquitous Credit Cards 126

The Payments Association

OCTOBER 3, 2024

Traditional banks must modernise their entire tech stack, from card management to backend systems, to stay competitive with fintechs and meet evolving consumer expectations. How can traditional banks survive and thrive in a world dominated by fintech challengers and shifting consumer expectations?

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

PYMNTS

JUNE 26, 2020

Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United States. The Tracker also analyzes how the use of cloud technology can help FIs stay on top of that shift. such as Monzo and N26.

Mobile Banking 91

Mobile Banking Online and Mobile Banking Consumer Volume 91

Fintech News

AUGUST 26, 2024

Consumers are becoming increasingly aware of the importance of insurance through concerted efforts from governments and companies to educate the public. Insurtech trends and opportunities Post-pandemic, Southeast Asia has seen a significant shift in consumer attitudes towards insurance, now seen as a necessity rather than a luxury.

On-Demand 143

On-Demand Product Transactions Adjustments 143

Fintech Finance

MARCH 5, 2024

Consumer card spending grew just 1.9 As a result, 63 per cent of Brits say that they would like to see the Government taking action to intervene – for example, by mandating manufacturers disclose changes in content, volume or weight on product labels. per cent and the smallest growth since September 2022. per cent) than in January (4.2

Consumer 52

Consumer On-Demand Finance Product 52

Clearly Payments

SEPTEMBER 13, 2024

Market Overview of Payment Orchestrators The market for payment orchestration has been growing, driven by the increasing complexity of global payment systems and the demand for seamless, efficient payment processing solutions. In 2024, the market was valued at approximately $1.2 during the forecast period.

Payment APIs and Integration 75

Payment APIs and Integration Multi-Currency Payments Gateways 75

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. So, how will consumers (and some businesses) pay? #1:

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

JULY 14, 2020

Big banks kicked off the second-quarter earnings season Tuesday (July 14) by reporting COVID-weakened consumer banking revenues, but bright spots in trading and digital. Citigroup reported global consumer-banking revenues of $7.3 North America consumer-banking revenues fell 5 percent year on year to $4.7 JPMorgan Chase.

Consumer 63

Consumer Online and Mobile Banking Credit Cards Volume 63

PYMNTS

DECEMBER 16, 2020

With eCommerce volume way up for the holiday shopping season, we knew it was going to be a tricky year for gift shipping. and Macy’s as the shipping giant struggled with unprecedented demand from the pandemic-driven eCommerce surge. UPS imposed shipping restrictions on some large retailers such as Gap, Nike, L.L. Hot Topic Inc.,

Volume 131

Volume On-Demand Consulting Consumer 131

PYMNTS

JULY 28, 2020

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. Consumer confidence is depressed and not helped by the U.K.’s “What improvement we have seen has been domestic flying. percent in Europe.

Volume 56

Volume On-Demand Economy Returns 56

PYMNTS

JUNE 19, 2020

American consumers will be spending more time at home this summer as they continue to social distance amid the COVID-19 pandemic, and they are thus examining ways to spruce up their surroundings with home improvements and backyard landscaping projects. Demand Rises For Furniture, Garden Supplies . Department of Commerce announced.

Consumer 60

Consumer BNPL On-Demand Shutdown 60

PYMNTS

APRIL 16, 2020

Requests for deferrals on mortgage payments have been relatively low in volume, according to Moynihan — though the bank has preemptively suspended foreclosures or repossessions of autos, which may have been pending before the crisis began. Demand for loan products has also fallen. Given the full-scale shutdown in the U.S.

Volume 63

Volume Push-to-Card Direct Deposit Small Business 63

PYMNTS

JUNE 22, 2020

This year’s three-week event was watched closely for evidence that the Chinese consumer will help spend the country out of the pandemic, and the success of 618 shows that they likely will. 18), China’s online gross merchandise volume (GMV) reached RMB 457.33 Some of it represented pent-up demand on behalf of the Chinese consumer.

Consumer 56

Consumer Online and Mobile Banking On-Demand Governance 56

PYMNTS

NOVEMBER 5, 2020

LendingClub Q3 Loan Volume Snaps Back 80 Pct. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. The increase could portend a similar jump in consumer spending this holiday season. Here’s a look at what to expect.

Volume 56

Volume NOV Payroll Payments 56

PYMNTS

OCTOBER 14, 2020

There are a lot of things consumers haven’t been able to do during the pandemic – like go to concerts, sit in a movie theater or, for the most part, go to sporting events. Quarters one and two are usually slower, as consumers get ready for traveling and summer vacations. In fact, quite a lot. Not that the behavior isn’t explainable.

Consumer 56

Consumer On-Demand Volume B2C 56

Fintech Finance

JUNE 12, 2024

Additionally, transaction volume rose by 86% in Hong Kong, signifying continued appetite among Hong Kong businesses to operate internationally. “As 70% of Hong Kong consumers will increase the frequency with which they purchase from overseas merchants in 2024, compared to the global average of 54%.

Cross-Border 98

Cross-Border On-Demand Continuity Consumer 98