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 Cross-Border Regulatory Compliance Fraud Prevention 98

Clearly Payments

DECEMBER 19, 2024

Global Digital Payment Volume Passes $10 Trillion in a Year! The global volume of digital payments will reach over $10 trillion by the end of 2024, a sharp increase from $8.3 This growth is driven by increased consumer demand, lower transaction fees, and enhanced cross-border capabilities. trillion in 2023.

BNPL 105

BNPL Contactless Payments Processors Payments 105

The Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Phishing Volume 88

The Payments Association

APRIL 22, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Payments Association

MARCH 19, 2025

Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt. Despite these advancements, many firms still rely on outdated payment systems and technologies that cant meet the market’s growing demands. This approach is time-consuming, inefficient, and highly prone to errors.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

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

Fintech Finance

JANUARY 22, 2025

This includes increased platform resilience, multi-acquiring connectivity, and smart volume-based transaction routing enabled from go-live all through a single integration with BR-DGE. The post UK Payment Orchestrator BR-DGE Partners with Brooklyn Travel to Power Payments Modernisation appeared first on FF News | Fintech Finance.

Payments 97

Payments Acquirers Volume On-Demand 97

Fintech News

JANUARY 21, 2025

These restrictions were aimed at ensuring that the platform could manage the demand of Indias massive digital payment ecosystem while maintaining security and performance standards, the Financial Express reported. In India, WhatsApp Pay was initially introduced in 2020 with a 40 million user cap.

Caps 120

Caps Digital Payments AI Debit Card 120

Clearly Payments

OCTOBER 30, 2024

As global online shopping grows rapidly, consumers expect seamless payment experiences. To successfully meet international demand, Canadian merchants need a system capable of handling these complexities with reliability, speed, and low costs. Local tax laws : Some countries impose a VAT or other taxes on foreign merchants.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech Finance

MARCH 20, 2025

NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to the U.K. Affirm provides consumers with a wider range of interest-free and interest-bearing installment options. . “We’ve seen how Affirm’s consumer-first payment options accelerate growth for our U.S. and U.K. .”

On-Demand 91

On-Demand Payment Networks Volume Consumer 91

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

Fintech Finance

JANUARY 16, 2025

The company founded in 2017 and headquartered in London, UK has witnessed a significant increase in its overall customer base with annual revenue growth of 71% this year compared to 2023, while nearly tripling the size of their London office team in response to the growing global demand for accessible financial options.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

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

Fintech Finance

MARCH 20, 2025

Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank. This helps Pay by Bank reach a wider audience, driving up the volumes of payments being processed daily.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Payments On-Demand Instant Payments 59

Fintech News

JANUARY 26, 2025

This shiftis not merely a matter of convenience; it is emblematic of an increasingly complex convergence between state-of-the-art technology, consumer desires for seamlessness, and the regions particular socio-economic landscape. In 2023, credit card payments comprised 52.2% of all cashless transactions in Japan.

Payments Trends 124

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 124

Bank Automation

NOVEMBER 29, 2024

The Clearing House’s Real Time Payments network is seeing growth in adoption and transaction volume as consumers, small- and medium-sized businesses and large enterprises demand instant payment capabilities.

Instant Payments 52

Instant Payments Real Time Payments Payments Payment Networks 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. is suddenly popping up everywhere.

Consumer 126

Consumer Push-to-Card Ubiquitous Credit Cards 126

The Fintech Times

MARCH 13, 2025

Thanks to the strength and effectiveness of digital marketing, we’ve seen a significant increase in cross-border shopping during holiday seasons, with consumers seeking unique gifts and deals from international retailers.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment APIs and Integration Payment Service Provider (PSP) 96

The Payments Association

NOVEMBER 18, 2024

Von Vonno adds: “ According to Pay.UK, 53% of UK consumers (over 28 million) operate two or more current accounts. Banks should continue to address barriers such as consumer expectations and the need for technology expertise to maintain their competitive edge. billion in 2024. billion in 2024.

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

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

The Payments Association

MARCH 5, 2025

It is important to have a solution that addresses the demand for faster payments while applying a risk-based approach to effectively weed out threats posed by bad actors in a transparent way. Scalable infrastructure that accommodates varying volumes. Cloud-native scalability for rapid implementation and seamless global deployment.

Financial Crimes 88

Financial Crimes AML Crime Risk 88

Fintech Finance

JANUARY 31, 2025

With this expansion, Runa allows its business customers the ability to easily send instant, domestic and cross-border payouts to consumer recipients in India, dramatically reducing the traditional barriers of cost and complexity. With the Indian market growing by 15.3%

Cross-Border 59

Cross-Border Transactions Regulatory Compliance Compliance 59

The Fintech Times

MARCH 11, 2025

There are a variety of factors molding the payments sector today – from demanding customer preferences to intensified competition – payments organisations have a lot of pressure bearing down on them. Their capacities are being challenged by the sheer growth of transaction volumes.

Cross-Border Payments 64

Cross-Border Payments Payments Cross-Border Volume 64

The Payments Association

NOVEMBER 29, 2024

Developed years ago, legacy banking systems are ill-equipped to deal with current fraud volumes. In addition to deflecting claims, the purpose-built chatbot can handle all eligible fraud recovery cases and cardholder disputes related to the consumer protection framework of international card payment networks.

Disputes 88

Disputes Issuers Card Issuer Payment APIs and Integration 88

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

FEBRUARY 1, 2025

Through its new expansion plans, Runa will enable its business customers to sendinstant, domestic and cross-border payouts to consumer recipients in India, dramatically reducing the traditional barriers of cost and complexity. With the Indian market growing by 15.3 “Were looking forward to launching our programme into the Indian market.”

Cross-Border 59

Cross-Border Cross-Border Payments Regulatory Compliance Compliance 59

The Fintech Times

MARCH 27, 2025

This collaboration comes at a time when consumer adoption of Affirm is rapidly increasing. More consumers than ever are Affirming the purchases they want and need, with active consumers growing 23 per cent YoY to a record 21 million and GMV surpassing $10billion (up 35 per cent YoY) in the quarter ending December 31, 2024.

Multi-Currency 59

Multi-Currency Payments On-Demand Underwriting 59

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. The company now operates in the U.K.,

Finance 142

Finance Small Business Underwriting B2C 142

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 122

Contactless Payments Payments On-Demand CHIPS 122

PYMNTS

SEPTEMBER 17, 2020

Those eCommerce companies are, he said, boosting volumes from Asia into the United States. Industry observers say that as much as a quarter of container volume that enters this country through routes that wend their way across the Pacific is headed to eCommerce distribution centers. Call it an illustration of supply and demand.

On-Demand 128

On-Demand Volume Addressing Product 128

PYMNTS

AUGUST 7, 2020

Global travel may be down, and border restrictions remain in-place, but that doesn’t mean cross-border payment volumes have taken a hit. Retail spending is up, and as more consumers are either required or choose to stay inside, they’re increasingly turning to online channels to make their purchases.

Cross-Border 120

Cross-Border Issuers Cross-Border Payments On-Demand 120

The Payments Association

JANUARY 3, 2025

Fraudsters, armed with advanced technologies and professional networks, are exploiting gaps in systems and consumer behaviour. As consumer expectations for frictionless payments grow, merchants face the dilemma of introducing security measures that can inadvertently disrupt the user journey, risking customer dissatisfaction or abandonment.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech Finance

MARCH 25, 2025

As an independently-owned, vendor-agnostic payment orchestrator, BR-DGE is fast becoming the go-to partner for high-volume enterprise merchants in the travel sector through its modular solutions. BR-DGE is a trusted and industry-leading payment orchestration platform. .” Platform downtime is not an option.

Payments 64

Payments Volume Interoperability Gateways 64

The Fintech Times

JANUARY 17, 2025

Founded in 2017 and headquartered in London, Guavapay says it enjoyed a significant increase in its overall customer base with annual revenue growth of 71 per cent in 2024 compared to the previous year, while nearly tripling the size of its London office team in response to the growing global demand for accessible financial options.

Innovation 59

Innovation Technology Payment APIs and Integration Multi-Currency 59

Finovate

JANUARY 30, 2025

Wise stated that the US dollar to Mexican Peso money transfer corridor is one of its largest, and has seen transfer volumes between the two double in the last two years. The new market entry is part of the company’s broader goal to enhance cross-border payments and support consumers with financial services. billion.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Facilitators Volume 52

Nanonets

APRIL 24, 2025

As healthcare digitization has surged from 10% in 2010 to 96% in 2023 , these firms now face overwhelming volumes of complex medical documents. When medical record volumes get out of hand Processing 200+ patient case files weekly might sound manageable. But volume wasn't the only challenge for the medical underwriting provider.

Underwriting 52

Underwriting Automation Process Volume 52