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

Finovate

NOVEMBER 19, 2024

Blackhawk Network (BHN) is transitioning Mastercard’s open-loop prepaid products from plastic to paper-based materials, aligning with Mastercard’s goal to eliminate PVC plastics from payment cards by 2028. Photo by DS stories The post Blackhawk Network Teams with Mastercard to Add Paper Prepaid Products appeared first on Finovate.

Visa 52

Visa Product Issuers Card Issuer 52

NFCW

JANUARY 11, 2024

Already one of the most energy efficient and low e-waste wireless technologies to connect products, the NFC Forum community is proud to announce its next tangible steps towards researching, learning and advancing our sustainable thinking and approach to do even more,” says Mike McCamon, executive director of the NFC Forum.

Product 124

Product CHIPS Use Case Regulations 124

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

PYMNTS

JANUARY 1, 2021

The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. Office shifters plan to use digital shopping options more than other consumers after the pandemic has passed,” the report noted. How She Thinks About Vaccines.

Consumer 144

Consumer Debit Card Contactless Payments Research 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

NFCW

FEBRUARY 11, 2025

trillion in 2025 to more than US$8 trillion in 2029, Juniper Research predicts. ” “This increased competition will be most felt in North America and Europe, where iOS products have the highest market share,” Juniper adds. Mobile payments made via QR codes will grow in value by 50%, from US$5.4

Mobile Payments 73

Mobile Payments Transactions Research Payments 73

Fintech Finance

NOVEMBER 19, 2024

According to new research released today, almost half of UK consumers (48%) cite concerns about payment security as a key reason for abandoning their shopping at the online checkout. It presents an unrivalled opportunity for online businesses to showcase their product offerings and encourage purchase.

Payment Security 98

Payment Security Security Payments Returns 98

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

Fintech Finance

DECEMBER 6, 2024

The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey. Mastercards research shows that 90% of consumers worldwide believe biometrics are more secure and convenient than passwords. Upon successful authentication, the transaction is completed.

Visa 98

Visa Authentication Scams Payments 98

Fintech News

DECEMBER 2, 2024

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. E-wallets followed at 31%, ahead of bank cards at 18%.

Financial Inclusion 111

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 111

The Fintech Times

JULY 13, 2024

With Consumer Duty’s next deadline looming, new research from engagement, data and customer journey platform Moneyhub reveals just how much work firms still have to do before they realise the business and consumer benefits of the Duty.

Compliance 105

Compliance Consumer Regulations Non-Bank 105

Fintech Finance

JUNE 20, 2024

Forter , the Trust Platform for digital commerce, released findings from a national consumer study that found the majority of respondents (61%) have shifted their online shopping habits as a result of higher prices, signalling a need for brands to evolve with their customers. Of those using BNPL, 56% are doing so to help manage their costs.

Consumer 98

Consumer BNPL Research Credit Cards 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

MARCH 11, 2025

Indeed, a recent study from Juniper Research found that 46% of all payments fraud is targeted at the airline industry, highlighting the challenge faced by travel companies that must effectively prevent fraud without introducing additional friction to the payments experience.

Payment Security 96

Payment Security Security Data Breach Authentication 96

Fintech Finance

JULY 30, 2024

New findings show that adoption rates of Open Banking payments are increasing, with more than 58% of fintechs now offering this type of payment for financial services products. 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.

Research 97

Research Continuity FinTech Cross-Border Payments 97

Fintech Finance

DECEMBER 19, 2024

Eduardo de Abreu, Vice President of Product at EBANX, explained that instalments are a cultural phenomenon in Brazil, rooted in the country’s history of high inflation in the 1980s and early 1990s. The industry revenue in the region is projected to grow by 6.2%

Alternative Payment Methods 98

Alternative Payment Methods Payments Transactions Payment Solutions 98

Fintech Finance

JULY 11, 2024

consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. The research, conducted among 1,200 U.S. consumers in the second quarter of 2024, explored the general usage and behavior of consumers around BNPL loans. Millions of U.S.

BNPL 99

BNPL Consumer Research Financial Inclusion 99

Fintech Finance

NOVEMBER 26, 2024

With the festive shopping season upon us, new research 1 from credit reference agency Equifax UK reveals the number of Brits using Buy Now, Pay Later (BNPL) could have peaked, but average spend continues to grow and will be key for many this Christmas.

BNPL 97

BNPL Regulations Consulting Consumer 97

Fintech Finance

OCTOBER 28, 2024

1 This, coupled with the market’s expansion, opens a significant opportunity for SaaS platforms to embed into their offerings more advanced financial products like business accounts, loans, and issued cards. To differentiate in an increasingly competitive market, platforms must consider integrating financial products in their offering.

Embedded Payments 98

Embedded Payments Embedded Finance Research Finance 98

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 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. We eagerly anticipate expanding our collaboration to introduce innovative products and solutions as we continue to drive Tamara’s growth and enhance our customer value proposition.

Visa 75

Visa Online and Mobile Banking Payments Payment Solutions 75

The Fintech Times

MARCH 7, 2025

Young people are leading the way as UK adults increasingly look to save more and spend less day-to-day, according to new research from online banking service Marcus by Goldman Sachs. As many UK adults focus on saving, the research suggests that people are being more discerning and intentional with their spending priorities.

Research 59

Research Adjustments Accounts Assessments 59

The Fintech Times

DECEMBER 9, 2023

Consumer Duty, a set of rules aimed at enhancing consumer protection in the financial services sector, came into force in July 2023. The Financial Conduct Authority’ s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

Consumer 111

Consumer Financial Literacy Regulations AI 111

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 survey of 2,000 UK consumers was conducted by emerchantpay to gain deeper insights into the factors influencing consumers’ payment decisions.

Privacy 94

Privacy Consumer Security Payments 94

Fintech Finance

OCTOBER 16, 2024

Currys , the UK retailer that helps everyone enjoy amazing technology, has unveiled a revamped credit product to allow its customers to pay for tech at their pace. They are also 20% more likely to purchase complete solutions and linked products, and over twice as likely to return and shop again at Currys within 12 months.

Product 98

Product Finance Technology Credit Cards 98

Fintech Finance

OCTOBER 8, 2024

Research from Chargebacks911 , the global chargeback technology leader, shows that unrecognised transactions are the leading reason for customers to dispute a transaction, causing a significant headache for merchants, draining resources and impacting their bottom line. merchants more than £128 million each year. trillion.

Disputes 98

Disputes Consumer Transactions Cross-Border 98

The Fintech Times

JULY 5, 2024

As the number of people paying for and benefiting from financial advice lessens over time, the lang cat has questioned the success of the FCA’s Consumer Duty regulation, which was introduced to provide better outcomes for consumers. “This is not a criticism of the profession – in fact, it makes complete sense. .

Consumer 69

Consumer Consulting Regulations Research 69

The Payments Association

NOVEMBER 19, 2024

In today’s competitive landscape, implementing a card product can be a powerful addition for businesses looking to enhance customer loyalty, streamline expenses, or broaden their financial offerings. Designing and launching a debit or credit card product requires navigating a complex web of stakeholders and intricate processes.

Product 88

Product Push-to-Card Card Issuer Issuers 88

The Payments Association

MARCH 19, 2025

With digital wallets growing in sophistication, consumers and businesses have fundamentally altered how they interact with payments, forcing banks and payment system providers (PSPs) to innovate. This offers transparency in data usage to alleviate consumer concerns.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

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

Finovate

APRIL 3, 2025

Based on a survey commissioned by Wise from international research firm Edgar, Dunn & Company (EDC), small businesses in the UK sent more than 485 billion overseas last year, with the amount expected to grow to nearly 530 billion in 2025. The company processes 9 billion in cross-border transactions every month, saving consumers 1.5

Cross-Border 76

Cross-Border Small Business International Payments Payments 76

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. consumer reporting agencies (CRAs). Average U.S. by Ethan Dornhelm. expand_less Back To Top.

Consumer 98

Consumer Credit Cards Payments Governance 98

The Fintech Times

DECEMBER 9, 2024

As 2024 draws to a close, it’s been an eventful year for the payments industry, marked by rapid innovation, unexpected challenges, and evolving consumer expectations. How are these influencing product development and payment strategies? ” Unattended retail and smart building technologies are gaining traction.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

PYMNTS

AUGUST 17, 2020

What we see in those numbers are the glimmers of a “V-shaped” recovery in those segments where consumers really value and want to return to the physical retail experience – with restaurants leading every other sector. And what we also see is only one part of the retail sales story. And where are they spending their money?

Economy 134

Economy Adjustments Consumer Product 134