Fintech News

JUNE 10, 2024

Temenos , FIS , Mambu , Finastra , and Tata Consultancy Services have been identified as the top five core banking system vendors prepared to compete with challenger banks, according to a recent study by Juniper Research.

Consulting 106

Consulting On-Demand API Research 106

The Fintech Times

DECEMBER 27, 2023

A study highlighted in Grand View Research reveals that many large UK businesses are struggling with a shortage of technical skills and the challenge of integrating new technologies with legacy IT systems. However, the path to digital transformation is fraught with challenges for UK companies.

Continuity 63

Continuity Verification Consulting On-Demand 63

Fintech Finance

SEPTEMBER 20, 2024

DailyPay continues to innovate its award-winning worktech platform with a new feature that will help users on their path to financial stability. Research shows that about 2 in 3 (65%) Americans are living paycheck to paycheck, with little or no money to adequately save for the future or cover an untimely expense.

Direct Deposit 97

Direct Deposit Security Federal Reserve FDIC 97

The Fintech Times

NOVEMBER 12, 2024

E-commerce merchants must embrace local payment methods in order to unlock significant growth, suggests a new report from market research firm Juniper Research. The research also suggests that payments for digital subscription services will grow the fastest in and around India over the next five years.

Payments 58

Payments Research On-Demand Facilitators 58

The Fintech Times

NOVEMBER 11, 2024

Two-thirds of businesses across Europe believe that legacy banks are too slow to meet their financial needs, according to a new survey conducted by global financial app Revolut Business and market research firm Dynata. The demand for customer-orientated business accounts has only increased since then.”

FinTech 90

FinTech Online and Mobile Banking Multi-Currency Fed 90

PYMNTS

NOVEMBER 18, 2016

According to research from Statista , 86 percent of Americans still shop solely at brick-and-mortar grocery stores, and the industry accounted for just 2 percent of the more than $341 billion spent online last year. It continues to be a surprise that more grocers aren’t moving faster into this space. Census, consumers in the U.S.

On-Demand 46

On-Demand CHIPS Product Research 46

Fintech News

NOVEMBER 21, 2024

A staggering 67% of global banks are experiencing client abandonment during the KYC onboarding process, marking a significant jump from 48% in 2023, according to new research by regtech firm Fenergo. Global financial penalties for non-compliance with anti-money laundering (AML) regulations cost financial institutions US$6.6

Procedures 106

Procedures Due Diligence AML Non-Bank 106

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 2024 Study highlights a significant paradigm shift in the way that people use their contactless devices,” says Andrew Zignani, research director at ABI Research.

Consumer 94

Consumer Contactless Payments Use Case Research 94

Fintech News

FEBRUARY 20, 2024

Global payments software provider OpenWay , renowned for its Way4 platform , has been recognised by Juniper Research as a top-five market leader in digital wallet solutions. According to Juniper Research, the global digital wallet user base is expected to grow from 3.7 billion in 2023 to more than 5.4

Digital Currency 106

Digital Currency Money Laundering Fraud Prevention BNPL 106

FICO

JULY 12, 2020

Hot off the press today is a FICO-commissioned research study on artificial intelligence and how Chief Analytics Officers (CAOs) and Chief Data Officers (CDOs) are responding to the current pandemic, economic uncertainty, and renewed focus on social justice. 4 – The Race for AI Continues. 3 – Scorecards Are Dead! Long Live Scorecards!

Research 52

Research AI Audit Governance 52

The Payments Association

NOVEMBER 12, 2024

Quality Engineering is transforming digital banking, enabling seamless innovation, operational continuity, and future-proofing in a rapidly evolving landscape. A robust QE framework allows for continuous testing and validation throughout the project, ensuring that each phase meets the desired outcomes before moving to the next stage.

Online and Mobile Banking 88

Online and Mobile Banking Non-Bank ISO 20022 On-Demand 88

PYMNTS

JANUARY 26, 2017

Businesses continued to spend less on traditional taxis and hotels, with “miscellaneous” spending increasing by an average of more than $12 last year compared to the year prior, making up nearly 13 percent of all corporate travel spend. Traditional taxis, meanwhile, have lost 37 percent of the market since Q1 2014, researchers found.

On-Demand 40

On-Demand Economy Continuity Business Continuity 40

PYMNTS

JULY 2, 2019

In a reported leak of billions of user records in a smart home data breach, researchers have found that a database that belongs to Chinese firm Orvibo has been left open without a password for protection. The research found that shoppers worldwide bought 663 million smart home devices in 2017 and that number is said to rise in 2023 to 1.94

Data Breach 59

Data Breach Breach Research Database 59

The Fintech Times

SEPTEMBER 25, 2024

More than half of banks (55 per cent) view their current core banking solutions as the biggest obstacle to achieving their digital transformation objectives, according to new research from 10x Banking. The research also found that 93 per cent of respondents believe their future success relies on selecting the right core banking solution.

AI 68

AI Compromise Research Risk 68

Fintech News

MAY 20, 2024

These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences. Similarly, research by GoodFirms found a notable uptick, with 46.5% of businesses reporting an increase in webinar hosting, and 28.3% noting a significant rise.

FinTech 134

FinTech Embedded Finance BNPL AI 134

The Fintech Times

NOVEMBER 16, 2024

Digital wallets, open banking and instant bank transfers are set to become the main forces transforming the payments landscape in the coming year, according to new research by payabl , the European financial service provider. As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.

Fraud Prevention 58

Fraud Prevention Compliance Regulatory Compliance AI 58

The Fintech Times

JUNE 26, 2024

Changing consumer demands pose the biggest challenge to profitability for two-thirds of subscription businesses over the next decade, according to a new report by Minna Technologies. Customer demand for consolidation has led to the emergence of new channels to manage subscriptions, such as banking apps and aggregators.”

Technology 63

Technology Consumer On-Demand Consulting 63

The Fintech Times

OCTOBER 2, 2024

“We are proud to welcome Ripple’s continued expansion in the DIFC as they work to drive the growth of blockchain technology in the region.” These projects reflect Ripple’s ongoing commitment to advancing blockchain research and skills development and supporting local financial innovation.

Cross-Border Payments 74

Cross-Border Payments Cross-Border Blockchain Payments 74

The Payments Association

OCTOBER 18, 2024

Tap to Pay on iPhone in the Tide app comes as research by Tide 1 shows that 1 in 4 SME owners, employees and side hustlers want to offer greater payment options to their customers, with high data security, ease of use and low transaction fees cited as the top priorities.

Small Business 88

Small Business Contactless Payments Business Payments Payments 88

Fintech News

JANUARY 23, 2024

Bloomberg has unveiled a new tool, AI-Powered Earnings Call Summaries, on the Terminal, showcasing the practical use of artificial intelligence in enhancing the research process for analysts. With these innovations, we are empowering analysts with critical tools and integrated workflows for their research journey.”

Financial Analysis 94

Financial Analysis AI Research SWIFT 94

The Fintech Times

AUGUST 1, 2024

The global proptech market was valued at around $19.5billion in 2022 and is projected to grow to $32.2billion by 2030, according to Zion Market Research. Additionally, IoT and smart building technologies will likely drive significant growth opportunities as the demand for interconnected, data-driven real estate solutions continues to rise.

FinTech 63

FinTech On-Demand Research AI 63

NFCW

APRIL 5, 2024

Global POS terminal transaction values will total US$17 trillion this year and grow by 25% to $21.1tn a year by 2028, Juniper Research has forecast. “Significant financial and security risks were exposed during these faults; continuing the demand for smart POS terminals to replace outdated legacy systems.”

Transactions 57

Transactions Research Mitigation Returns 57

Fintech Finance

AUGUST 21, 2024

This collaboration will also introduce one of the few integrated payment and POS/PMS solutions in Mexico, addressing the region’s growing demand for innovative and contactless payment solutions. The post Shiji and FreedomPay Announce Partnership to Transform Mexican Hospitality Payment Solutions appeared first on FF News | Fintech Finance.

Payment Solutions 87

Payment Solutions Point-of-Sale (POS) Contactless Payments Payments 87

PYMNTS

AUGUST 30, 2017

Similarly, though for very different reasons, we also tend to associate service on demand with the young, or at least the youngish. Some supplemental research also convinced the Project Belle team that this was a particularly booming market driven by an increasing preference among older baby boomers to age in place.

On-Demand 49

On-Demand Economy Research Continuity 49

PYMNTS

FEBRUARY 16, 2017

15) that, along with Filene Research Institute, a credit union and consumer finance think tank, it has launched a research hub at UCI focused on studying how emerging technologies impact credit union business practices and clients. “We It will include recommendations to help credit union leaders make wiser decisions.

Credit Union 43

Credit Union Research FinTech Financial Inclusion 43

Fintech Finance

OCTOBER 16, 2024

By reducing CO 2 emissions and enabling easier recycling, we’re empowering financial institutions and card issuers to positively impact the environment while meeting customers’ increasing demands for eco-friendly solutions.” Activities relating to SECORA Pay Green will create the catalyst for initial pilots with issuing banks.

Contactless Payments 89

Contactless Payments Technology Wire Wires 89

Finovate

NOVEMBER 19, 2024

Taking those initiatives a step further, we are continuing to seek out collaborations with partners like Mastercard, banks, merchants, other card issuers, and manufacturers that operate on a global scale.” The move will help support Mastercard’s commitment to remove first-use, PVC plastics from payment cards on its network by 2028.

Visa 52

Visa Product Issuers Card Issuer 52

The Payments Association

SEPTEMBER 26, 2024

Research by PayComplete, a global leader in cash management solutions, revealed that over half (57%) of organisations do not foresee their business becoming completely cashless. Cashtech pioneers Looking into the future, the relationship between cash and financial technology will continue to evolve.

FinTech 88

FinTech Financial Inclusion Alternative Payment Methods Cash Management 88

Fintech Finance

OCTOBER 15, 2024

That’s according to new research conducted on behalf of Nets , part of Nexi Group – the European PayTech. Preference for mobile payments continues to increase: in Denmark, Apple Pay is now more popular than Mobilepay; and in Sweden it is almost on par with local mobile payment option, Swish.

Mobile Payments 81

Mobile Payments Push-to-Card Payments Contactless Payments 81

Fintech Review

OCTOBER 16, 2024

However, the sustainability of these high yields often depends on several factors, including market demand and tokenomics. The main goal of yield farming is to maximise the value of one’s crypto holdings by continually shifting assets across different platforms. One of the biggest risks is smart contract vulnerabilities.

Assessments 98

Assessments Risk Returns Audit 98

Fintech Finance

JUNE 18, 2024

Equally, traders will be required to get new BNPL providers so that they can continue providing flexible payment choices meaning that they may also have to enter into fresh deals as well as make system adjustments. There is no doubt there is a consumer demand to service.

BNPL 72

BNPL On-Demand Regulations Underwriting 72

Fintech Finance

NOVEMBER 14, 2024

According to Juniper Research, the global transaction value processed via SoftPOS will reach $11.8 According to Tribe, these legacy POS system inefficiencies are rupturing revenue streams, leaving a gap that modern SoftPOS solutions can fill. Additionally, merchants cite high maintenance costs of legacy POS systems.

PCI DSS 71

PCI DSS Payment APIs and Integration Point-of-Sale (POS) CRM 71

The Fintech Times

SEPTEMBER 23, 2024

The report , Employees with Benefits , explores employees’ growing demands and needs as their benefits landscape evolves. Adapting to changing demands Employers have had to adjust to new employee demands as it becomes clear that the pre-pandemic working environment and associated attitudes are no longer acceptable in the modern day.

AI 58

AI Payment APIs and Integration On-Demand Push-to-Card 58

The Payments Association

OCTOBER 4, 2024

However, as the industry evolves in a rapidly shifting financial and technological landscape, it faces numerous challenges driven by technological advancements, regulatory shifts, changing consumer expectations and demands, and emerging security threats. Traditional card issuers and networks must adapt or risk obsolescence.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

The Fintech Times

SEPTEMBER 3, 2024

With many generative AI projects leveraging LLMs moving from proof-of-concept to production, the demands for power-efficient, secured and scalable solutions have emerged as key priorities. It expects the new processor to help enterprise compute solutions for LLMs, servicing the industry’s complex transaction needs.

Use Case 63

Use Case AI Innovation CHIPS 63

The Payments Association

OCTOBER 28, 2024

Complementing their technology advantage, fintech companies have also adopted agile development methodologies that prioritise rapid prototyping, continuous integration, and frequent customer feedback. The demands of modern payments have created challenges for outdated systems.

Process 100

Process Payment APIs and Integration Processors Payments 100