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

The Fintech Times

OCTOBER 16, 2024

A new report detailing the payment habits of consumers in the Nordic countries has been published by Nets , part of the European paytech, Nexi Group. It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise. Meanwhile, 9 in 10 consumers are expecting to spend the same or less.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

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. 2023 saw the introduction of a new Consumer Duty, setting higher and clearer standards of consumer protection across financial services, and requiring firms to put customers’ needs first.

Consumer 110

Consumer Financial Literacy Regulations AI 110

Fintech Finance

OCTOBER 18, 2024

The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey. The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey. They offer consumers the peace of mind that they will not lose or inadvertently share their password or OTP.

Visa 96

Visa Scams Payments Push-to-Card 96

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

PYMNTS

JUNE 22, 2020

And as the spending is curbed, from the top down, the economic recovery may be pushed out a ways, or even stalled. Drilling down into types of spending, two-thirds of the total reduction in credit card spending since January had come from that cohort. Call it the trickle down theory – in reverse.

Consumer 90

Consumer Small Business Push-to-Card Research 90

PYMNTS

JANUARY 27, 2021

But for consumers, as noted by PYMNTS research, more than half of subscribers rank saving money among the top three reasons for considering buying subscription bundles. But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Subscription management is part of that.

Consumer 72

Consumer Technology Push-to-Card Blocks 72

The Payments Association

NOVEMBER 7, 2024

The payment sector is at the front of financial innovation – from Buy Now Pay Later and Apple’s Tap to Cash to digital wallets and virtual credit cards. The payment sector is at the front of financial innovation – from Buy Now Pay Later and Apple’s Tap to Cash to digital wallets and virtual credit cards.

Compliance 88

Compliance Innovation Regulations Payments 88

PYMNTS

MAY 6, 2020

But it will take a mindset shift on the part of merchants and consumers — and a return of foot traffic to the stores, of course. As Platko said, the data show that consumers are willing to try something different when it comes to payments, chiefly to avoid touching things. As Webster noted, consumers like their cards.

Consumer 87

Consumer Contactless Payments Push-to-Card Returns 87

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

NOVEMBER 4, 2020

Various digital methods have since joined these options as consumers have embraced smartphones and other electronic devices, but the COVID-19 pandemic has been accelerating digital uptake in an unprecedented way. Research confirms that QSR patrons are seeking multiple online and offline ordering methods. The Evolution Of Ordering.

Consumer 92

Consumer Digital Payments Payments Push-to-Card 92

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

PYMNTS

NOVEMBER 11, 2019

Payments is a different game than theoretical physics, but the industry has its own push for unification — in this case, a single card that serves as a one-stop shop for transactions or financial services. Simply put, a super app is a mobile app designed to improve and ease payment and retail flows for consumers.

Consumer 43

Consumer Push-to-Card PayPal Payments 43

Neopay

MAY 28, 2024

“ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 “ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 Criminals stole £1.17 Banks prevented a further £1.25

Scams 52

Scams Push-to-Card Romance Scams Crime 52

PYMNTS

SEPTEMBER 28, 2020

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. Japan is betting big on QR codes as consumer payment preferences begin to change,” eMarketer analyst Cindy Liu told the website. “QR

Mobile Payments 80

Mobile Payments Push-to-Card Payments Economy 80

Fintech Review

NOVEMBER 6, 2024

1inch places a strong emphasis on user protection, building consumer trust and creating a lasting impact in the Web3 space,“ says Sergej Kunz, 1inch co-founder. 1inch places a strong emphasis on user protection, building consumer trust and creating a lasting impact in the Web3 space,“ says Sergej Kunz, 1inch co-founder. “A

Compliance 52

Compliance Financial Crimes Regulatory Compliance Crime 52

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 114

Contactless Payments Push-to-Card Payments Online and Mobile Banking 114

PYMNTS

DECEMBER 2, 2020

In a year that’s been filled with lifestyle changes, personal pivots and business adaptations, 2020 may also go down as the year of the gift card as studies show an outsized increase in sales leading up to the busy holiday season. InMarket’s data also showed customers were spending about 17 percent more on gift cards in 2020.

Push-to-Card 64

Push-to-Card Research Consumer 64

Synapse Payment Systems

SEPTEMBER 27, 2022

The Clover point-of-sale system is a big step above a standard credit card terminal. It offers a modern user interface, analytical tools, and essential features for running your business. Many business owners wonder, is Clover a good POS system compared to Square, Toast, and its many other competitors? Functionality: How Does Clover Compare?

Push-to-Card 130

Push-to-Card Processors Process Card Association 130

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. He said research has shown that as of June, 17 percent of senior citizens were logging into their financial accounts via smartphones at least once a week.

FinTech 89

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

FICO

SEPTEMBER 8, 2022

Why consumers are moving to banks with the best fraud and scam prevention. Scammers are attracted to the increase in money flows and finding new inexperienced consumers to con online. One such cybercrime called Authorized Push Payment (APP) fraud , is a scam where fraudsters trick a target into sending them money. Saxon Shirley.

Posting 52

Posting Real Time Payments Scams Push-to-Card 52

PYMNTS

OCTOBER 10, 2019

Real-time payments are currently among the hottest trends and topics in the payments industry — a source of significant investment and regulatory attention, as financial institutions and other players strive to meet consumer demand for faster money movement. Fresh PYMNTS research has dug into the issue. That’s a huge benefit.”.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

PYMNTS

SEPTEMBER 4, 2020

Signs are that it’s a hit with consumers. It confirms that legions of consumers have shifted to online and mobile banking since the pandemic's arrival, and across demographic boundaries, people like it. Now, digital banking is the rage among consumers for the original reasons — speed, control — and it’s touchless, too.

Online and Mobile Banking 93

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

Clearly Payments

JANUARY 25, 2024

We’ll delve into the impact of this trend on businesses, including the challenges and opportunities they face in adapting to changing consumer preferences. This will shed light on the payment methods embraced by businesses and consumers across various industries, sizes, and geographical locations. User penetration will be 9.5%

Process 94

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

PYMNTS

SEPTEMBER 2, 2016

Bank vaults are typically thought of as pretty safe places to store money, but, according to new reports, consumers in Germany have been looking to keep their friends close and their cash closer. German consumers are not just hoarding the cash away in safes, however. To download the PYMNTS.com Global Cash Index™, click below….

Consumer 40

Consumer Push-to-Card ATM Privacy 40

CB Insights

AUGUST 23, 2018

Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results. First Name.

Consumer 76

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

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. billion this year — almost double last year’s total.

BNPL 111

BNPL Payments Push-to-Card Credit Cards 111

PYMNTS

NOVEMBER 2, 2020

With the average consumer saying the pandemic will have a life of 374 days, some digital-first victors are already obvious. As PYMNTS noted in the Pandenomics report in early October, “the biggest change of all will likely be the share of consumers shopping for groceries online. Our research shows that 85.3

Push-to-Card 82

Push-to-Card Online and Mobile Banking Processors Consumer 82

Tearsheet

OCTOBER 2, 2024

This collaboration has resulted in the launch of Codat’s new Supplier Enablement API product, designed to increase virtual card usage, with J.P. Morgan as an early adopter for its B2B virtual card offering. Change isn’t easy and shifting to digital payments methods, like virtual card, is no exception.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

Finovate

NOVEMBER 6, 2024

Consumers will benefit from earning rewards for transactions via Crypto.com’s Crypto.com Pay ; merchants will benefit from being able to manage payments and services via both mobile and tablet devices. Also this week, Crypto.com announced that it would expand its offering to include banking services, credit cards, and stock trading.

Blockchain 64

Blockchain Cryptocurrency SWIFT Regulatory Compliance 64

Fintech Finance

JUNE 18, 2024

As shippers push to reconcile invoices, capital is trapped, a dynamic mirrored by their carrier counterparts. Morgan Payments proprietary research. Loop , the modern audit & payment platform for the next-gen supply chain, today announced its collaboration with J.P. Together, Loop and J.P. Morgan Payments in our corner.”

Audit 98

Audit Payments Treasury AI 98

The Fintech Times

JULY 11, 2024

Tensions between the consumer group Which? Starting in October 2024, the Payment Systems Regulator (PSR) will implement new rules for authorised push payment (APP) scams – where fraudsters trick people into sending money online to fake payees – setting a £415,000 maximum reimbursement level to cover the money lost.

Rules 63

Rules Scams Payments Regulations 63

PYMNTS

MAY 4, 2016

To that end, TSYS, the global payments solutions provider, said earlier this month that it has begun offering its cardholder alerts solution to its clients based in Europe, with an eye on pushing information to consumers, via text, voicemail and email. We think there’s a very strong consumer proposition there.

Transactions 49

Transactions Consumer Issuers Push-to-Card 49

FICO

NOVEMBER 30, 2022

Fraudsters are opportunistic, and lately they are (unfortunately) finding a lot of success by targeting consumers directly. Consumers are not as worried about APP fraud and scams as they are for other types of fraud, but awareness is growing. In the UK, it accounted for £249 million in consumer losses for the first half of 2022.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

PYMNTS

DECEMBER 5, 2017

The digital economy is here and, for many consumers, it has become a way of life. Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. The ability to keep up with consumer demand is the crux of any capitalist enterprise. Supply and Demand.

Consumer 56

Consumer Same Day ACH C2B B2C 56

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. Recent research we undertook looked at the connection between customer experience and fraud controls from a consumer perspective.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. PYMNTS research shows 11.5 Buy Now, Pay Later. Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104