Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. All you need to use a digital wallet is a smartphone.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

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. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million by 2026.

Card Issuer 63

Card Issuer Issuers Visa Online and Mobile Banking 63

PYMNTS

DECEMBER 11, 2019

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. Because their mobile money wallets lack a virtual or physical network credential associated with them, in general they can not work with international use cases. But that might be changing, as today (Dec.

Cross-Border 57

Cross-Border Credential Online and Mobile Banking Push-to-Card 57

Nanonets

APRIL 29, 2024

QuickBooks Online and QuickBooks Desktop offer several ways to make your vendor payment process easier. In this blog post, you’ll learn how to pay vendors in both online and desktop versions of QuickBooks. If you want to keep your vendors happy, you need to make sure they’re paid on time.

ACH 52

ACH Online and Mobile Banking Returns Void 52

PYMNTS

SEPTEMBER 24, 2020

In the great digital shift , the mobile device is the point of sale — especially in Asia’s fast-growing markets. The conversation came against a backdrop where online transaction volumes and mobile wallet adoption are increasing. Donlea noted that mobile wallets are designed for consumer and brand loyalty.

APACS 98

APACS Risk Online and Mobile Banking Verification 98

PYMNTS

FEBRUARY 2, 2021

In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. told PYMNTS CEO Karen Webster in an interview that the pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.

Digital Payments 94

Digital Payments Online and Mobile Banking Point-of-Sale (POS) Financial Inclusion 94

PYMNTS

MAY 27, 2020

More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch attacks that make use of these channels. Deep Dive: Why Banks Must Examine Customer Behaviors Across Channels. Around The FI Fraud Decisioning World.

Scams 98

Scams Account Takeovers Online and Mobile Banking Credit Union 98

PYMNTS

OCTOBER 1, 2020

Those processors will in turn work with issuing banks to offer near-instant issuance of cards. The end result: Cardholders gain the ability to make online and in-app purchases – and at the point of sale, through digital wallets – almost immediately after issuer approval. Omnichannel – and Even Plastic, Too.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

Payment Savvy

MAY 10, 2024

This powerful technology bridges the gap between your bank accounts and various digital financial tools. Plaid is a financial technology company that specializes in securely exchanging financial data between banks and third-party applications. The process begins when Venmo prompts you to input your online banking username and password.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

PYMNTS

FEBRUARY 11, 2019

Mobile devices, apps and voice assistants – by allowing consumers to order ahead and pay, pay via QR codes anywhere in the store and use auto-pay when leaving the store – will make checking out 100 percent digital, even when consumers choose to visit a physical store to make a purchase. Sure, more terminals in the U.S.

Online and Mobile Banking 78

Online and Mobile Banking Consumer Innovation Payments 78

Clearly Payments

DECEMBER 18, 2023

The Continued Surge of Contactless Payments Contactless payments , facilitated by tap-to-pay cards, mobile wallets , and wearable devices, are set to maintain their upward trajectory. In 2024, they are anticipated to be used for over 40% of all online transactions in the U.S.

Payments Trends 71

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 71

PYMNTS

DECEMBER 7, 2017

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. Security only works if both ends are using the network — and the world is a big place with lots of banks.

Security 40

Security Online and Mobile Banking Blockchain Credit Cards 40

PYMNTS

NOVEMBER 18, 2019

Smart, according to Google, because it will provide its checking accountholders with money management tips to optimize and manage the funds in those accounts – funds linked to payments and identity credentials that consumers can use to buy things, pay bills and send money to others in and outside the Google ecosystem.

Credential 70

Credential Credit Union PayPal Online and Mobile Banking 70

PYMNTS

SEPTEMBER 26, 2016

Gone are the days when bank robbers wore face masks and carried guns and dynamite to get into safes. Earlier this year, cybercriminals stole $81 million from the Bangladeshi central bank, and they also stole the trust that the SWIFT global payments network had built with its 11,000 users. from March 2015 to March 2016.

Online and Mobile Banking 78

Online and Mobile Banking SWIFT Credential Central Bank 78

PYMNTS

OCTOBER 26, 2016

Similarly, the continued steady global increase in the use of mobile devices helped fuel the development and release of new tools to security companies, as well as access to richer, deeper user data. Mobile security on the move. But mobile devices offer more than just biometric protection. Getting ahead of what’s next.

EMV 76

EMV Security CHIPS Online and Mobile Banking 76

PYMNTS

OCTOBER 25, 2016

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He pointed to the recent security breach at Yahoo, in which fraudsters stole login credentials, comprised of email addresses and passwords, for more than 22 million user accounts.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

PYMNTS

FEBRUARY 23, 2016

Yesterday, PYMNTS detailed what happened during Day 1 of Mobile World Congress in Barcelona. PayPal also broke news with a series of third-party partnerships announcements aimed at growing its global mobile money footprint. We have pioneered mobile commerce innovations for years. And that was just Day 1.

Online and Mobile Banking 40

Online and Mobile Banking Visa Issuers Mobile Payments 40

PYMNTS

NOVEMBER 1, 2017

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. But merchants without consumer adoption does not a mobile payments ignition strategy make.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Payments Ubiquitous 56

PYMNTS

JANUARY 20, 2021

In broad strokes, open banking lays out a path and process for banks and other financial institutions (FIs) to share their customers’ data with third parties (even competitors), where that data tie into apps and new products and services. Dan Weaver, open banking expert at Equifax U.K., Open Banking In The States .

Consumer Financial Protection Bureau (CFPB) 75

Consumer Financial Protection Bureau (CFPB) CFPB Online and Mobile Banking API 75

PYMNTS

OCTOBER 4, 2019

Hitachi first demonstrated the technology in London in September, and plans to officially launch the product in Europe next year. Industry analysts primarily attribute this growth to the proliferation of mobile devices, which have driven manufacturers to incorporate biometric verification measures in their designs.

Checks 57

Checks Verification Authentication Government 57

PYMNTS

OCTOBER 21, 2020

Digital and mobile payments are surging as businesses and consumers transact from home, and this increased digital engagement has opened the door to more financial crime.” Per the Playbook, 21 percent of all fraud attacks “were waged on mobile transactions in the first half of the year and 37 percent of them originated from mobile devices.”.

P2P 56

P2P Security MFA Financial Crimes 56

PYMNTS

DECEMBER 16, 2019

Then there was the pushback of the week, care of PayPal, which is looking for better defined mobile wallet rules from the CFPB. While mobile money has rapidly grown in Africa, the addition of Visa payment credentials to mobile money accounts will allow African consumers access to the global digital commerce markets.

PayPal 52

PayPal Push-to-Card Consumer Financial Protection Bureau (CFPB) CFPB 52

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. Key takeaways.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

DECEMBER 15, 2016

In a mutual commitment to accelerating the adoption of an open digital wallet, global card networks Mastercard and Visa announce their agreement to allow each network to request tokenized credentials from the other when consumers are transacting across any digital medium — in app, online and in store. A Global Push.

Visa 95

Visa Payment APIs and Integration Credential Push-to-Card 95

PYMNTS

MAY 23, 2016

Creating certainty for the consumer when using mobile payments. The certainty that comes with creating a thick market of merchants and consumers and accounts that work across any mobile device that they happen to own, and can use at the places they routinely shop. I don’t think consumers even want a mobile wallet.

Mobile Payments 47

Mobile Payments Online and Mobile Banking PayPal Payments 47

PYMNTS

OCTOBER 24, 2016

24) a host of new strategic partnerships to bring online payments capabilities to digital wallets users in the U.S. The agreements will allow Mastercard cardholders to use the mobile wallets to shop online at the hundreds of thousands of merchants around the world where Masterpass is accepted. Mastercard announced today (Oct.

Visa 73

Visa Online and Mobile Banking Interoperability Credential 73

Stax

MARCH 15, 2024

Because more credit card-oriented purchases take place online, security and fraud protection are top priorities. Businesses are converting to digital and online platforms to stabilize their profitability at this time. But these are the details that matter when processing payments online.

Process 88

Process Security PCI DSS Encryption 88

PYMNTS

NOVEMBER 25, 2019

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. Banks are never going to become obsolete,” VB said, “but they could end up becoming stored value accounts. Banking services could be decoupled from banks.”.

Checks 109

Checks FinTech Credit Union Online and Mobile Banking 109

PYMNTS

NOVEMBER 23, 2020

It's an ecosystem where half of online commerce now happens. All accessed through Amazon’s digital and mobile front door. They enable payments at online merchants and via mobile apps, but are now increasingly part of a larger shopping, savings and spending ecosystem.

Online and Mobile Banking 110

Online and Mobile Banking PayPal Credit Union Consumer 110

PYMNTS

JUNE 4, 2019

The rise of the digital economy has resulted in growing concerns about identification, not the least of which is making sure that people who try to open financial accounts, or complete a variety of online or mobile transactions, are who they say they are. In fact, more than 95 percent of people in the U.S. possess phone numbers.

Verification 62

Verification Online and Mobile Banking Fraud Prevention Privacy 62

PYMNTS

OCTOBER 2, 2020

The mobile device is the chief conduit toward staging transactions, to getting goods delivered curbside or to the house. Fast-forward to 2020, and the pandemic has shown, through the Stripes and Shopifys of the world — that the pivot to buy online/pickup/deliver has been facilitated by the innovations on the merchant side. "I

Push-to-Card 110

Push-to-Card Payment APIs and Integration Issuers Payments 110

PYMNTS

JUNE 28, 2018

As digital banking and payments become mainstream, financial institutions (FIs) are stepping up their efforts to improve customer engagement (CE). The moves comes as consumers expect excellent product experiences as compelling new business models and product-level innovations come to market. Bank Stadium in February.

Zelle 43

Zelle Online and Mobile Banking Real Time Payments Non-Bank 43

PYMNTS

MAY 7, 2020

Making it easier for these FinTechs to get up and running with Visa credentials — and providing access to a variety of payments players that represent the full payments stack — is the essence of Visa’s Fast Track program. The program launched in 2018 and has grown 280 percent since then, and now includes 140 FinTechs globally. In the U.S.,

FinTech 95

FinTech Multi-Currency Cross-Border Credential 95

PYMNTS

JUNE 21, 2019

However, less than half of traditional FIs are able to let those would-be applicants complete the entire process online. In an interview with Feedzai Chief Product Officer Saurabh Bajaj , the executive told PYMNTS that consumers who have embraced mobile banking don’t want to interface with people or paper when opening their accounts.

Accounts 43

Accounts Risk Assessment Assessments Online and Mobile Banking 43

PYMNTS

JULY 21, 2016

The collaboration with Visa ensures that Visa cardholders and issuers are given equal weighting when establishing payments credentials inside of their PayPal accounts. Merchants will then have access to the tens of millions of PayPal-enabled consumers who will be ready and now able to transact via their mobile phones in their stores.

PayPal 60

PayPal Digital Payments ACH Credential 60

FICO

DECEMBER 19, 2022

As customer interactions go completely online, digital identity verification and authentication help — but sophisticated authentication can’t stop all types of fraud. Vice President, Product Management. That seismic change continues to create inherent risks that banks must address in complex and creative ways. AND “Why?”.

Assessments 52

Assessments Scams Authentication Authorization 52

FICO

MAY 19, 2021

From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. Furthermore, you might automatically assume that first-party fraud only affects banks, but as telcos evolve into payment processing and handset financiers, they also are now feeling the pinch. by Matt Cox.

Cross-Border 52

Cross-Border Crime Credential Money Laundering 52