PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Debit Card 62

Debit Card Online and Mobile Banking Push-to-Card P2P 62

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. Push provisioning streamlines the card issuance process to digital wallets.

Digital Payments 64

Digital Payments Online and Mobile Banking Push-to-Card Payments 64

PYMNTS

SEPTEMBER 4, 2020

Migration to mobile and digital banking ramped up during the pandemic. Signs are that it’s a hit with consumers. It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. This we know. Many have shifted for keeps.

Online and Mobile Banking 93

Online and Mobile Banking Mobile Banking Push-to-Card ATM 93

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. The conversation came against a backdrop where, as noted in a recent PYMNTS Tracker , a majority of Americans did their banking online last year. As more banking has shifted online, an increasing amount of that online activity is occurring across mobile conduits.

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Disputes 107

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. FinTech players are also grabbing deposits. Square announced $1.3

Credit Union 89

Credit Union Push-to-Card Online and Mobile Banking Community Banks 89

Fintech Finance

JANUARY 25, 2024

Rising markets in Latin America, Africa, and Asia are guiding the global surge in new consumers, with India leading the way, by adding 34 million people to the consumer class this year, almost one third of the 109 million worldwide. And payments have been the backbone of this growth,” she added.

Economy 52

Economy Consumer Alternative Payment Methods Online and Mobile Banking 52

PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Around The World Of Smarter Payments.

Mobile Payments 88

Mobile Payments Distributed Ledger Technology (DLT) Payroll Online and Mobile Banking 88

Tearsheet

NOVEMBER 19, 2024

The success of any specific payment method is strongly affected by macroeconomic factors, consumers’ perceptions, and technology. Take debit cards. A big reason for this delay was that the debit card technology needed the ATM network to spread out and gain traction among consumers.

Payments 52

Payments Debit Card Online and Mobile Banking Push-to-Card 52

PYMNTS

JUNE 9, 2020

Mobile banking has been edging out desktop banking for years, but branch closures during the COVID-19 pandemic appear to have given it a significant push. Registrations on mobile banking apps rose 200 percent in April, for example, and mobile traffic on such apps jumped 85 percent for the month.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Fraudsters are out there moving pretty quick, and so banks have to be out there moving quick with them.”. As more people move to digital, so do some of these [fraudsters],” he said. “We

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 52

PYMNTS

OCTOBER 23, 2018

Consumers go on a lot of different types of digital journeys in a day — they might shop online, do some banking, move funds between accounts, do some light online browsing. The context is important, because of course the services offered to the consumer vary by use case,” Schulte noted. The problem?

Consumer 74

Consumer Online and Mobile Banking Transactions Push-to-Card 74

Fintech Finance

MAY 30, 2024

Today at the annual Visa Payments Forum for Central and Eastern Europe, Middle East and Africa, Visa unveiled a suite of new products and services that will ­revolutionize the card and address the future needs of consumers, merchants and the financial institutions that serve them across the region.

Online and Mobile Banking 52

Online and Mobile Banking Product Credential RTP 52

Tearsheet

JULY 1, 2024

The evolution in payment technologies and experiences is directly impacted by changes in consumer preferences, particularly among younger generations. To explore these changes and their potential impact on businesses, I spoke with Thomas Priore – CEO, Priority , a company specializing in integrated payments and banking solutions.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. In order to receive card-based payments, businesses need to have a merchant account.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

The Fintech Times

DECEMBER 21, 2023

“Consumers and businesses are increasingly demanding quicker payments,” she says. “By enabling instant and secure money transfers between banks and individuals, FedNow aims to modernise and enable a more efficient US payment infrastructure.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Money Laundering AML 61

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. But S&P found that there’s an awful lot of ground left for mobile payments to capture.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The Weekender can catch you up.

Visa 60

Visa Online and Mobile Banking Push-to-Card Digital Currency 60

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. But S&P found that there’s an awful lot of ground left for mobile payments to capture.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Digital banks, sometimes called Neobanks, push consumers into digital banking and digital payments.

Process 94

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

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

DECEMBER 10, 2020

Bank is trying to adapt to the pandemic holidays with new eCards meant to spread cheer through contactless cash gifting, according to a press release. The eCards can be sent alongside payments made as gifts via Zelle in the bank's mobile app. The release says the cards are “animated, dynamic and can include a message.”.

Zelle 64

Zelle Push-to-Card Online and Mobile Banking Transactions 64

PYMNTS

JULY 23, 2020

“Consumers do not want a gap or friction at any point along the way, making it critical for financial institutions to understand and define member journeys and personas in both physical and digital channels.”. Consumers want the ability to continue transacting and conducting normal banking activities.

Online and Mobile Banking 60

Online and Mobile Banking Credit Union Push-to-Card Volume 60

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

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

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year. It also analyzes how the pandemic is affecting the future of open banking in. the region. the region.

Online and Mobile Banking 66

Online and Mobile Banking Regulations Laws Push-to-Card 66

PYMNTS

OCTOBER 20, 2020

In an interview with PYMNTS, Scott Young , VP of Innovation at PSCU , noted that in the changing consumer environment, digital and mobile banking are “table stakes,” but credit unions (CUs) must be conscious of how member payment preferences are evolving. More Comfort Online . Stepping Up On Credit .

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Debit Card 107

FICO

OCTOBER 16, 2020

With ambitious goals to open up banking and decimate fraud, PSD2 has taken a long time to deliver, and we’re not quite there yet. One-time passcodes (OTPs), usually delivered by SMS text to the customer’s mobile phone, are a strong contender for widespread adoption. Banks and their customers, it seems, are on the same page about this.

Authentication 52

Authentication Online and Mobile Banking Card Issuer Issuers 52

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

The Fintech Times

MAY 22, 2024

However, in its latest report published today, the UK banking and financial services trade association announced that there was a four per cent decrease in the amount stolen to £1.17billion in 2023. ” Unauthorised fraud losses Unauthorised fraud is when your card details are used by someone else without your permission. .”

Scams 59

Scams Finance Push-to-Card Romance Scams 59

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 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

JANUARY 15, 2021

The march toward digital-first banking, meanwhile, continues unabated. But the bank, as noted in statements by CEO Jamie Dimon, is positioning itself for significant near-term economic uncertainty. Reserves were held flat on the card business, standing currently at $17.8 Card average loans stood at $141.2

Push-to-Card 60

Push-to-Card Online and Mobile Banking BNPL Consumer 60

PYMNTS

DECEMBER 11, 2019

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many things possible for consumers in formerly cash-locked economies, there has been a persistent problem of limitations for users once they want to transact outside their home environment.

Cross-Border 57

Cross-Border Credential Online and Mobile Banking Push-to-Card 57

PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

Digital Payments 93

Digital Payments Accounts Zelle Online and Mobile Banking 93

PYMNTS

SEPTEMBER 15, 2020

Anecdotal evidence has shown that the digitization of consumer habits began the day stay-at-home orders effectively shut down in-person interaction in the real world. And the share of digitized consumers only goes up as ages go down. Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers.

FinTech 89

FinTech Push-to-Card Online and Mobile Banking Consumer 89

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options.

Payments 77

Payments BNPL Value Added Service Payment Gateways 77

PYMNTS

SEPTEMBER 29, 2020

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The true change merchants are facing is not in trying to stay on top of a spike in online users. Online Payments Drive Privacy Concerns.

Privacy 69

Privacy Online and Mobile Banking Push-to-Card Payments 69