Fintech Finance

JULY 23, 2024

Bank of America continues its winning streak in the annual benchmark that evaluates the online and mobile experience for small business customers of the top 11 national and regional banks that focus on small business digital banking.

Small Business 94

Small Business Digital Payments Online and Mobile Banking Wires 94

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. Developments Around the Cloud Banking World. The FI officially opened the digital platform to U.S. customers in late May.

Mobile Banking 91

Mobile Banking Online and Mobile Banking Consumer Volume 91

The Fintech Times

MAY 17, 2024

Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa has unveiled new products which will address the evolving consumer payments demands. Online payment fraud is seven times higher than in-person payments.

Product 127

Product Consumer Online and Mobile Banking RTP 127

Fintech Finance

OCTOBER 28, 2024

FV Bank, in partnership with Visa, has today announced at Money20/20 Las Vegas (October 27-30), the launch of FV Bank’s new debit cards and corporate expense cards. “This marks a significant milestone in our commitment to offering innovative and integrated digital banking solutions for both traditional and digital assets.”

Debit Card 139

Debit Card Online and Mobile Banking ATM Card Issuer 139

Fintech Finance

JULY 23, 2024

Consumers made 85 per cent of the total number of payments (41.0 Spending data over recent years suggests that there has been a shift towards consumers making a greater number of transactions that are each worth a lower individual amount, albeit without necessarily increasing the overall amount spent. billion, up from 45.7

Contactless Payments 94

Contactless Payments Online and Mobile Banking Debit Card Payments 94

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. Developments From The Digital Consumer Onboarding Space. It also found that just 16 percent of U.S.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

Bank Automation

NOVEMBER 8, 2024

Younger bank clients are seeking more digital offerings from financial institutions as interest in physical bank branches declines, a new report shows. “To

Online and Mobile Banking 104

Online and Mobile Banking Mobile Banking Automation Consumer 104

Fintech News

OCTOBER 22, 2024

In Asia-Pacific (APAC), fraud is becoming an increasingly serious challenge for financial institutions, an issue that has been exacerbated by the rapid adoption of digital transactions and online banking. A year later, Kathmandu-based NIC Asia Bank suffered a major heist, with hackers managing to make about US$4.4

APACS 115

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 115

Fintech Finance

JULY 31, 2024

Visa , a world leader in digital payments, is introducing resources to help merchants in Vietnam, unveiling a SMB Online Toolkit, for small and medium-sized businesses to accept and take full advantage of Visa’s digital payment solutions. Globally, Visa’s tap to pay penetration reached 65%, doubling from 20192.

Contactless Payments 97

Contactless Payments Online and Mobile Banking Payments On-Demand 97

Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. In 2019, 77% of US consumers were using at least one type of digital payment system. It’s no question that the world has been digitally transformed — both in business and in life.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Fintech Finance

MARCH 27, 2024

Keynova Group , the principal competitive intelligence source for Mobile Banking Payments firms, has announced the results of the Q1 2024 edition of its semi-annual Mobile Banker Scorecard. Bank continued its winning streak, ranking No. mobile bank offerings.

Mobile Banking 52

Mobile Banking Transactions Online and Mobile Banking RTP 52

Segpay

SEPTEMBER 24, 2024

So much of our industry is tied to Visa and Mastercard to support consumer payments. An answer to our pain has been developing over the past few years through paying with bank payments or transactions. This month we wanted to look at the options available, their benefits, and where you can find these pay by bank options.

Accounts 98

Accounts Online and Mobile Banking Payments Authentication 98

Fintech Finance

SEPTEMBER 5, 2024

Satispay , the leading independent mobile payment network in Italy, today announced a strategic partnership with Stripe , a financial infrastructure platform for businesses, in order to eliminate the barriers in online digital shopping experience for Italian merchants and consumers.

Payment Solutions 90

Payment Solutions Online and Mobile Banking Consumer IBAN 90

The Fintech Times

JULY 26, 2024

The Current Account Switch Service explained that the continued upward switching trend highlights that finding the right bank or building society is still a priority for UK consumers. Online or mobile banking (43 per cent) remained the top reason people preferred their new account, a consistent trend across the last 12 months.

Accounts 67

Accounts Consumer Online and Mobile Banking End User 67

The Fintech Times

APRIL 10, 2024

Kueski , the buy now, pay later (BNPL) and online consumer lender in Latin America, has launched an in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024, to offer them the ability to complete transactions through the Kueski mobile app, regardless of internet connection, in physical stores.

Underserved 62

Underserved Mobile Payments BNPL Online and Mobile Banking 62

The Fintech Times

NOVEMBER 7, 2024

UK bank NatWest is partnering with Capco , the management and technology consultancy, as part of efforts to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

ISO 20022 57

ISO 20022 Consumer ISOs Online and Mobile Banking 57

The Fintech Times

FEBRUARY 12, 2024

New research has been released by Capital One Insights Center , the research facility for the America-based bank, revealing the extent of consumers’ digital and financial literacy. Eighty-six per cent of Americans know how to protect themselves and their personal information online.

Financial Literacy 67

Financial Literacy Consumer Online and Mobile Banking Enrollments 67

Fintech Finance

OCTOBER 4, 2024

Rising African countries are among the fastest-growing regions in consumer spending, according to data from the World Data Lab analyzed by EBANX , a global technology company specializing in payment services for rising markets. trillion in consumer spending by 2034, a 198% growth compared to the current US$ 1.8

Consumer 91

Consumer Credit Cards Online and Mobile Banking Economy 91

Clearly Payments

MARCH 22, 2024

In the landscape of commerce, mobile payments have emerged as a disruptive force, altering the way people engage in financial transactions. It represents a paradigm shift in how consumers and businesses interact financially. The Growth of Mobile Payments The ascent of mobile payments has been nothing short of meteoric.

Contactless Payments 98

Contactless Payments Online and Mobile Banking Mobile Payments Payments 98

The Fintech Times

OCTOBER 4, 2024

India is set to outperform global powerhouses, such as the US, regarding impending increases in consumer spending – which is set to surpass $5.4trillion by 2034, up from a current figure of $1.8trillion, according to data from the World Data Lab analysed by EBANX , the tech firm focused on payment services for emerging markets.

Consumer 52

Consumer Online and Mobile Banking Instant Payments Financial Inclusion 52

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

PYMNTS

JANUARY 14, 2021

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and help curb the spread of the virus. This means consumers are turning more to digital tools, but unlocking and embracing the potential benefits of these tools has not been easy.

Consumer 89

Consumer Online and Mobile Banking On-Demand Research 89

Fintech Review

FEBRUARY 13, 2024

With innovations like mobile banking, digital wallets, and blockchain technology at the forefront, fintech is leading a financial revolution. However, this rapid growth brings significant regulatory challenges, primarily in balancing the need for innovation with the imperative of consumer protection.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

Fintech News

JULY 9, 2024

Major retail banks in Singapore will progressively phase out One-Time Passwords (OTPs) for digital token users over the next three months. Announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), this move aims to better protect customers from phishing scams.

Phishing 103

Phishing Scams Online and Mobile Banking Credential 103

PYMNTS

FEBRUARY 14, 2020

But as banking becomes ever-more mobile, and account openings and activities are done through digital channels, the very definition of support – and how it should be provided – is changing. Today’s consumers no longer compare a brand to its competitors; they compare it to the brands they use and love,” Cornell told PYMNTS.

Consumer 91

Consumer Online and Mobile Banking Small Business Debit Card 91

The Fintech Times

AUGUST 12, 2024

US consumers are increasingly turning to debit cards for their everyday transactions, driving a significant surge in the number of transactions and overall spending. Card-not-present (CNP) transactions, which include online and digital purchases, also saw significant growth. On average, active debit cardholders completed 34.6

Debit Card 62

Debit Card Consumer Debit Transaction Point-of-Sale (POS) 62

The Fintech Times

APRIL 22, 2024

Security is failing to keep pace with smartphone utilisation with compromised digital wallets and banking apps leading to growing identity threats, a report has revealed. The E volving Smartphone Usage and the Growing Threat to Consumers report from UK fintech startup Nuke From Orbit quizzed UK consumers on their smartphone usage.

Identity Theft 57

Identity Theft Consumer Online and Mobile Banking Monetary Loss 57

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

The Payments Association

NOVEMBER 18, 2024

How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. Why is it important? What’s next?

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 135

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

Fintech Finance

JULY 3, 2024

European Payments Initiative (EPI) , a European-grown player committed to offering a sovereign payment solution to all consumers on the continent, has announced the launch of its mobile-first wallet and instant account-to-account payment solution, wero , for customers of German Sparkassen and Volksbanken, Raiffeisenbanken.

Digital Payments 101

Digital Payments Innovation Online and Mobile Banking Cross-Border 101

PYMNTS

JANUARY 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs.

Online and Mobile Banking 101

Online and Mobile Banking Credit Union Mobile Banking CBDC 101

EBizCharge

MARCH 12, 2024

With the boom in eCommerce, adopting ways of paying online is vital to healthy cash flow. Businesses that accept online payment methods can streamline the purchasing process for their customers and expand their reach to new audiences. What are the best ways to accept payments online?

Credit Cards 52

Credit Cards ACH PCI DSS Payment Gateways 52

Finovate

AUGUST 13, 2024

FORUM Credit Union has selected Apiture’s Business Banking solution to enhance its commercial digital banking experience. Digital banking solutions provider Apiture announced today that FORUM Credit Union will use the fintech’s digital banking capabilities to power its commercial digital banking suite.

Credit Union 105

Credit Union Online and Mobile Banking Innovation FinTech 105

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. The mobile app offers low or no-fee checking-like services, out-of-network ATM usage fees and the ability to earn 4 percent APY on balances of up to $3,000. In fact, 72.4

Consumer 58

Consumer Online and Mobile Banking Non-Bank Venmo 58

Fintech Finance

JUNE 4, 2024

PPRO , the leading local payments platform, has announced its partnership with Nordic challenger bank Lunar and Swedish local payment method Swish. As Sweden’s go-to mobile payment service, Swish is one of the largest payment solutions in Europe and will be available to PPRO customers in the coming months.

Consumer 52

Consumer Cross-Border Payment APIs and Integration Online and Mobile Banking 52