The Fintech Times

APRIL 25, 2024

Continuous transaction controls (CTCs) have been introduced by numerous tax authorities to obtain business transactions in real-time or near real-time to improve the speed and accuracy of tax collection efforts. Continuous transaction controls (CTCs). The result?

Continuity 69

Continuity Near Real-Time Compliance Authorization 69

Fintech Finance

AUGUST 21, 2024

the global leader in Open Banking Payments, is proud to announce the appointment of Adam D’arcy as Chief Product Officer (“CPO”). Before joining Trustly, Adam D’arcy was the CPO of Prodigy Finance, where he led a transformation in product culture and architected a high-performing development team. Trustly, Inc.,

Payments 67

Payments On-Demand Product Finance 67

Fintech News

SEPTEMBER 17, 2024

According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year. India’s digital payment landscape has seen remarkable growth over the past decade.

Digital Payments 85

Digital Payments Credit Cards Payments Online and Mobile Banking 85

Fintech Finance

AUGUST 15, 2024

So far, over 1,000 banks and credit unions have signed on with either the RTP or FedNow networks, or both, and instant payment volume continues to grow. Today, Modern Treasury’s customers move over $1 billion in instant payments volume annually.

Instant Payments 83

Instant Payments Treasury RFP RTP 83

PYMNTS

JUNE 4, 2020

With commercial card adoption on the rise as more organizations make the shift to digital payments, card issuers continue to drive innovation with their corporate card products. “It is not a high-growth area,” Squeri said of the corporate T&E spend segment, according to the report. Shopify Introduces Business Card.

Issuers 57

Issuers Volume Commercial Card Card Issuer 57

PYMNTS

OCTOBER 15, 2020

When Jumio acquired anti-money laundering (AML) solutions platform Beam last week, the move was more significant than simply adding AML strength to its onboarding platform, Jumio ’s Chief Product Officer Philipp Pointner told PYMNTS in a recent conversation. “We

AML 97

AML Continuity Money Laundering Authentication 97

Fintech Finance

JULY 1, 2024

However, trillions in payment volume are shifting from old-school solutions to modern software platforms with embedded financial services. I’m thrilled to support them as they continue modernizing embedded payments.” Their growth continues to be driven primarily by word of mouth as SaaS leaders refer their peers.

Embedded Payments 77

Embedded Payments Volume Processors Verification 77

PYMNTS

APRIL 24, 2020

Adyen reported its processed volume for the first quarter of 2020 rose by 38 percent year-on-year, with an extension of historical growth trends over the first two months of the year. For us, we continue to focus on our merchants to help them navigate this new environment, albeit from a distance.”.

Volume 56

Volume Payments Process Continuity 56

PYMNTS

FEBRUARY 1, 2019

31) morning showed continued gains in processed transactions, tied in part to holiday spending during the quarter that ended in December. Gross dollar volume was up 14 percent to $1.5 Gross dollar volume was up 14 percent to $1.5 consumer volume, to issue contactless cards within the next two years. Macro Takeaways.

B2B 69

B2B Continuity Visa Cross-Border 69

Fintech Finance

SEPTEMBER 5, 2024

The first payment products on which the parties will collaborate are deposits and withdrawals via ACH and RTP. Trustly aims to scale its payment products in collaboration with Fifth Third to meet the growing demand for seamless, reliable payment experiences.

RTP 68

RTP Innovation ACH Embedded Payments 68

PYMNTS

APRIL 24, 2019

This is the first time parent company PayPal has revealed any user numbers for the app, with its Q1 earnings report showing that the total payments volume for Venmo grew 73 percent year over year to reach $21 billion. The company added that Venmo is on track to generate $100 billion in payments volume this year. billion estimates.

Venmo 53

Venmo Volume PayPal Debit Card 53

PYMNTS

APRIL 30, 2020

A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to a press release. It forecasted total yearly production volume of 1.24 The brand’s production for Q1 dropped by 10 percent to 65.3

Product 60

Product Shutdown Volume Technology 60

PYMNTS

JULY 25, 2019

And the culprits, according to commentary, boil down to product delays and currency headwinds. Payments volume growth was also considerable at 24 percent in the quarter, on a spot basis, to $172.4 He added later in the call that “engagement also continues to consistently improve growing by 9.3 Revenues were up 12 percent to $4.31

Venmo 72

Venmo Volume PayPal Transactions 72

Fintech News

AUGUST 29, 2024

These updates were revealed during Stripe Tour Singapore, the company’s annual product showcase in the region. These updates come as Stripe continues to grow its presence in Asia, where the company reported a 28% year-on-year increase in the number of businesses processing US$1 million or more in payment volume on its platform.

Fraud Prevention 98

Fraud Prevention AI Cross-Border Cross-Border Payments 98

PYMNTS

AUGUST 22, 2019

22) that showed double-digit percentage gains in volumes, driven by online commerce and increased traction among mid-market firms doing business and taking payments across the globe. Continuing a trend seen in past quarters, volume churn was less than 1 percent, said management. million euros. million euros.

Volume 66

Volume Process Processors Cross-Border 66

PYMNTS

MAY 1, 2019

Mastercard’s results continued a string of double-digit gains in transaction count, growth in card count and, of particular note, continued traction in cross-border activity. The company said gross dollar volumes were up 12 percent to nearly $1.5 We continue to monitor the strength of the Chinese economy.

Volume 49

Volume Visa Cross-Border Credit Union 49

PYMNTS

MAY 2, 2019

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. The company said that gross payment volume (GPV) surged 27 percent to $22.6 The payment firm’s adjusted earnings per share was $.11,

Volume 56

Volume Debit Card Point-of-Sale (POS) Push-to-Card 56

FICO

MARCH 14, 2023

To address this disconnect and truly operationalize AI, guardrails must be in place such that the overall Corpus AI continues to perform while components change. The trick is how to select the solution that minimizes behavior impedance mismatches across the dataset, so rules continue to be effective.

AI 52

AI Continuity Rules CHIPS 52

PYMNTS

APRIL 26, 2019

Jiang Fan wants to increase transaction volume by two times in three years. The service, however, has brought in over 100 million new buyers during the past year, a pace that Jiang indicated would continue. With ambitious aims for Alibaba Group Holding Ltd., The company’s stock increased 1.2

Volume 49

Volume Transactions B2C On-Demand 49

PYMNTS

OCTOBER 29, 2020

WEX's offerings fall into three broad categories, according to the company's website: fleet management, including GPS tracking of vehicles and the providing of cards drivers can use for refueling; corporate payment products; and systems for administering healthcare benefits. Smith said WEX's "sales momentum continues to be strong.".

Volume 49

Volume B2B Accounts Payments 49

PYMNTS

JANUARY 31, 2019

31) showed continued gains in processed transactions, tied in part to holiday spending during the quarter that ended with December. Gross dollar volume was up 14 percent to $1.5 Gross dollar volume was up 14 percent to $1.5 Mastercard results released Thursday morning (Jan. In terms of headline numbers, $3.8

Volume 49

Volume Visa Cross-Border Commercial Card 49

Fintech Finance

JULY 23, 2024

The agreement will see ACI continue to provide critical infrastructure to Worldpay to support merchants worldwide. Through ACI’s innovative, market-leading payments software solutions, Worldpay will continue to offer market-leading stability and payments acceptance for its global merchants.

Real Time Payments 77

Real Time Payments Volume CHIPS Process 77

Fintech Review

SEPTEMBER 17, 2024

Builders on Sui will soon be able to use native USDC in a multitude of digital dollar-backed financial products across a variety of use cases including DeFi, gaming, DePIN and ecommerce. Users can seamlessly send, spend and save with digital dollars.

Stablecoins 52

Stablecoins Blockchain Interoperability Caps 52

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Insurtech 2.0

FinTech 91

FinTech Embedded Finance B2B Volume 91

Fintech Finance

JULY 29, 2024

Fifth Third Bank is pleased to announce a collaborative agreement between Newline by Fifth Third, a leading embedded payments provider, and Stripe , a financial infrastructure platform that enables businesses to seamlessly incorporate financial services in their products.

Embedded Payments 69

Embedded Payments Treasury Processors End User 69

PYMNTS

NOVEMBER 5, 2020

LendingClub Q3 Loan Volume Snaps Back 80 Pct. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. The numbers missed optimistic projections as coronavirus infections continued to surge.

Volume 56

Volume NOV Payroll Payments 56

PYMNTS

AUGUST 2, 2018

Square managed to beat Wall Street estimates on both earnings and revenue when second quarter earnings went live yesterday — powered largely by higher-than-expected transaction volume and marked growth in its subscription services business. million during Q2, while gross payment volume came in at $21.4 percent in after-hours trading.

Volume 40

Volume Transactions Bitcoin Adjustments 40

Fintech Finance

AUGUST 13, 2024

Trustly , the global leader in open banking payments, is continuing to strengthen its presence in the UK, building its relationships with key partners as payment volumes and the adoption of open banking technology accelerates. The company has gone from strength to strength over the past 12 months.

Continuity 72

Continuity Volume Innovation Technology 72

PYMNTS

APRIL 16, 2020

Deferral requests, however, seem to have peaked about a week ago, though the bank is continuing to monitor the situation. Though Q1 2020 had been forecast to produce continued and perhaps even strengthened spending activity, the coronavirus quickly reversed that course. “We Demand for loan products has also fallen.

Volume 63

Volume Push-to-Card Direct Deposit Small Business 63

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Insurtech 2.0

FinTech 81

FinTech Embedded Finance B2B Volume 81

Fintech Finance

AUGUST 1, 2024

This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing. 2024 continues to build on the robust foundation we established in 2023. Success Story: A Growing Partnership with Zilch BNPL shows no signs of slowing.

BNPL 62

BNPL FinTech B2C Payment Networks 62

PYMNTS

MARCH 1, 2017

Online retailers that apply Google’s search technology to their own sites using the Google Site Search product will now have to update their site search or upgrade to a version that included ads. This spring, Google is officially cut its Google Site Search (GSS) product, which it disclosed to customers and partners via email last week.

Product 55

Product Agreements Volume Technology 55

Fintech Finance

SEPTEMBER 11, 2024

Now celebrating its 20th anniversary edition, the report predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally. Non-cash transactions boom; APAC leading adoption Non-cash transaction volumes rose to 1,411 billion in 2023 and are on track to reach 1,650 billion in 2024.

Instant Payments 83

Instant Payments Accounts Innovation Non-Bank 83

Fintech News

JULY 7, 2024

As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.

Database 101

Database Economy On-Demand Innovation 101

Fintech News

FEBRUARY 26, 2024

The company also reported a 50% increase in its loan disbursement volume for the year, alongside achieving operational profitability by December 2023. JULO, an Indonesian fintech offering digital peer-to-peer lending, has announced it reached an annual recurring revenue surpassing US$120 million in 2023.

Underwriting 81

Underwriting Risk Management Credit Cards Volume 81

PYMNTS

MARCH 18, 2019

We analyzed over 23,000 products launched by Amazon under more than 400 different brands. Amazon has attracted much attention with every new brand they launched; however, the assumption that every new brand will be as impactful as AmazonBasics is unfounded,” it continued. “It

Product 43

Product Volume Checks Continuity 43

Fintech Finance

DECEMBER 19, 2023

Fingerprint Cards AB (Fingerprints ) has been deeply involved in the development of the new generation of Thales Gemalto biometric payment card, which is ready for global volume mass deployment. This ensures reduced waste, optimizes production capacity and throughput and lowers related manufacturing costs.

Payments 64

Payments Encryption Privacy Volume 64