PYMNTS

NOVEMBER 10, 2020

With open banking technologies making their way beyond the world of consumer finance and into the business banking market, new use cases are emerging from the legislation that opens up bank account data and offers FinTechs opportunities for new functionalities via deeper data integrations. Emerging Use Cases.

Use Case 75

Use Case Payment APIs and Integration Accounts Finance 75

NFCW

APRIL 4, 2024

. “Additionally, when compared to other payment options including contactless cards, QR codes, and cash, consumers rated NFC contactless as the most secure, most convenient, most reliable, and easiest way to pay in-person,” the NFC Forum says.

Consumer 94

Consumer Contactless Payments Use Case Research 94

Open Banking Excellence

MARCH 15, 2024

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data.

Use Case 147

Use Case Non-Bank Consumer Accreditation 147

Fintech Finance

JUNE 17, 2024

In this new role, Scott will oversee the company’s expansion into new markets, drive consumer engagement and accelerate the adoption of its innovative open banking solutions. Commenting, TrueLayer Co-Founder and CTO Luca Martinetti said: “Lisa’s exceptional track record in taking products to market and consumer engagement speaks for itself.

Consumer 95

Consumer Alternative Payment Methods PayPal Use Case 95

The Fintech Times

AUGUST 14, 2024

A new report from Visa has revealed why generative AI is booming in Singapore and how consumers are using the tech. In its Visa Consumer Payment Attitudes Study, Visa found that consumers are becoming increasingly aware of the potential of generative AI (gen AI).

AI 74

AI Consumer Fraud Detection Payments 74

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. The number of adults using Open Banking in the UK represents around 10% of the adult population. A suboptimal allocation of fraud liabilities to ASPSPs and consumers. We have some way to go.

Use Case 130

Use Case API Fraud Prevention Risk 130

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost.

Use Case 64

Use Case Payment APIs and Integration FinTech Payroll 64

Finovate

SEPTEMBER 16, 2024

From hyper-personalization to compliance automation to product management, the digital transformation in retail bears many similarities to the digital transformation taking place in financial services. We caught up with Lohith Kumar Paripati ( LinkedIn ), Product Lead at Walmart, to talk about the digital transformation in retail.

Consumer 59

Consumer AI Embedded Finance Automation 59

PYMNTS

JANUARY 21, 2020

Commerce operators such as Macy’s and Timberland , for instance, are showing how to use virtual reality-equipped smart mirrors for such tasks from product testing to checkout. Larger Trends. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well.

Use Case 84

Use Case Addressing Research Technology 84

The Payments Association

NOVEMBER 13, 2024

This vision for the next iteration of the Internet—one powered by blockchains that enable direct, automated and trusted interactions—can be seen across a range of growing use cases and is being put into practice by startups and traditional financial companies alike. The signals of this steadily emerging new reality are all around us.

Blockchain 88

Blockchain Use Case Financial Inclusion Stablecoins 88

The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

PYMNTS

DECEMBER 30, 2020

Between the explosion of the digital economy driven by the pressures of the pandemic and the radical realignment of consumer preferences that has happened as a result, the year 2020 has seen digital payments accelerate at something approaching warp speed. It’s a consumer choice, [offering] everything and anything they want,” Turner said. “We

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

Fintech Finance

OCTOBER 24, 2024

The survey findings also highlight the potential for CVRP to empower consumers with greater control over their payments while providing businesses with more efficient, cost-effective and secure recurring payment options. One-click e-commerce payments were identified as a top use case.

Risk 98

Risk Use Case Payments Debit Card 98

Fintech Finance

OCTOBER 15, 2024

The first banks to go live in production are CEC Bank and Libra Internet Bank, BRD Groupe Societe Generale, ING Bank Romania, BCR, and Banca Transilvania are also in advanced stages of implementation, with RoPay set to launch later this year and in 2025. The first available use is for proximity-based person-to-person (P2P) payments.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

PYMNTS

DECEMBER 28, 2020

It's now into second-gen products with real adoption, and the market's beginning to take it seriously in a broader sense,” he said. More than 90 percent of consumers will ask for one — and of that 90+ percent, roughly 80 percent will pick an instant payment if offered the option. New use cases are arising,” Edwards said.

Instant Payments 121

Instant Payments Payer Consumer Debit Card 121

Global Fintech & Digital Assets

MARCH 5, 2024

Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products. Additionally, the Securities and Futures Commission (SFC) and the HKMA published guidance around distribution of virtual asset products (e.g.,

Authorization 59

Authorization Product Due Diligence Procedures 59

PYMNTS

DECEMBER 1, 2020

After launching its first “buy-now-pay-later” product in 2014, the Japanese FinTech has followed up with Paidy 3-Pay. It is an interest-free payment mechanism that allows consumers to split the cost of a purchase into three equal payments within the company’s app. I think we see use cases that make a ton of sense.

Consumer 67

Consumer Credit Cards Use Case BNPL 67

Stax

APRIL 25, 2024

Most modern consumers are used to purchasing products and services across multiple channels (i.e., Todd Bledsoe, Product Marketing Manager at Stax, says it best: “Card-present tokenization enables merchants to truly deliver a seamless omnichannel experience in managing and conducting transactions.

Credit Cards 88

Credit Cards Use Case Returns Process 88

Open Banking Excellence

MARCH 5, 2024

“A sustainable economic model will encourage greater collaboration and innovation and expansion of products down the line and really drive improvements in customer journeys,” says Wright. The PSR ’s (Payment Systems Regulator) approach is not sustainable,” he explains. “It

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

Faster Payments Council

JULY 21, 2020

Faster Payments Council (FPC), in partnership with Glenbrook, today released the research white paper, "Faster Payments and the Potential to Transform Consumer Bill Pay." The bank bill pay model where the consumer interacts with its online/mobile banking platform to request a payment be sent to the biller's bank.

Faster Payments 68

Faster Payments FPC Research Consumer 68

PYMNTS

SEPTEMBER 16, 2019

That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases. consumers who documented their shopping and purchasing experiences over a seven-day period in mid- to late-July of 2019.

Consumer 75

Consumer Use Case On-Demand FinTech 75

The Fintech Times

FEBRUARY 27, 2024

However, as was the case in the telecommunications industry, innovation doesn’t end because a product becomes commoditised. A2A payments The new Apple-open banking combo gives consumers the option to make account-to-account (A2A) payments and also cuts out cards altogether.

Consumer Protection 68

Consumer Protection Stablecoins Payments Trends Consumer 68

PYMNTS

DECEMBER 23, 2016

In the world of IoT, a new connected billboard may be able to tell what products shoppers are most likely to be interested in buying and pinpoint the best time to display a relevant ad for them. RADAR uses data analytics to review mobile data and more effectively target consumers based on their digital data and movements.

Consumer 61

Consumer Product Use Case 61

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59

PYMNTS

JUNE 10, 2016

The period of curiosity driving people into the store just to try the experience out will then be followed by a period of exploration during which consumers and businesses will try to see what real problems can be solved with the new technology.” All of this allows consumers to make more informed decisions.”

Use Case 40

Use Case Product Technology Consulting 40

Fintech News

AUGUST 13, 2024

A recent study by Visa has revealed that 83% of Gen Z consumers in Singapore are aware of generative artificial intelligence (AI) and its potential to enhance their banking experiences. Singaporean consumers, regardless of age, are showing a strong inclination toward using generative AI for various banking services.

AI 105

AI Fraud Detection Automation Use Case 105

Fintech Finance

SEPTEMBER 23, 2024

Previously at Capital One and Amazon, Husaini will play a pivotal role in scaling Marqeta’s AI organization to help increase purchasing power for all by reducing risk and improving consumer and commercial rewards, while also helping accelerate our pace of innovation. “We’re thrilled to have Fouzi on board.

Embedded Finance 98

Embedded Finance AI Fraud Prevention Risk 98

Fintech Review

AUGUST 12, 2024

“Aleph Zero EVM uses Arbitrum Orbits’ advanced web3 scaling stack–with the most performant developer tooling–to create the most advanced privacy-enhancing blockchain infrastructure on the market. The first use cases already building on Aleph Zero EVM include: pieces.market – a luxury Real-World Asset (RWA) marketplace.

Privacy 52

Privacy Use Case Blockchain Blocks 52

The Fintech Times

OCTOBER 25, 2024

The survey findings also highlight the potential for CVRP to empower consumers with greater control over their payments while providing businesses with more efficient, cost-effective and secure recurring payment options.

Use Case 58

Use Case Debit Card Participant Consumer Protection 58

PYMNTS

DECEMBER 16, 2020

Indeed, payroll information was key to administering PPP loans to small- to medium-sized businesses (SMBs), and according to Finch Co-Founder and CEO Jeremy Zhang , it won't be the last time payroll data is used to optimize SMB lending. Nor, he told PYMNTS, will SMB lending be the only use case that emerges from unlocking payroll data.

Payroll 116

Payroll Underwriting Use Case API 116

Nanonets

MAY 10, 2024

  Whether you are launching a new product or improving an existing one, market research is necessary to understand the market trend and user perception. Through market research, businesses understand their customers sentiment, monitor pricing, plan product launches, and do competitor analysis.

Research 52

Research Use Case Automation Legal 52

PYMNTS

FEBRUARY 24, 2020

In fact, the lights in the era of the connected smart home and Internet of Things (IoT) can do much more that will genuinely improve the lives of both consumers and businesses beyond simple illumination. It is about the use cases and the value we can create for the consumer and the professional customer.

Innovation 88

Innovation Use Case Consumer Product 88

The Fintech Times

MARCH 1, 2024

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening.

Card Issuer 63

Card Issuer Issuers Visa Online and Mobile Banking 63

Fintech Finance

MARCH 15, 2024

Following the service launch in July 2023 with 35 participating institutions, FedNow Service adoption and network volume continues to gain traction as participants enable instant payment processes, identify in-demand use cases, and raise awareness of instant payment products and services among their customers.

Federal Reserve 52

Federal Reserve FedNow Participant Instant Payments 52

Fintech Finance

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House.

RTP 96

RTP Instant Payments Credit Union Volume 96

Fintech Finance

JANUARY 11, 2024

a technology company pioneering a new category in payments called Refunds as a Service announced today at the Consumer Electronics Show (CES 2024) that Visa executive Mike West has joined as a Strategic Advisor. TodayPay Inc.,

PayPal 59

PayPal Use Case Value Added Service Advisors 59

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. Tapping Into Personalization.

Consumer 74

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