Clearly Payments

JANUARY 29, 2024

The banking landscape is undergoing a transformation, driven by the emergence of neobanks. These digital-only banks are challenging the traditional financial institutions by offering products and services that cater to the needs of tech-savvy consumers. For their banking structure, Neobanks can come in two forms.

Online and Mobile Banking 105

Online and Mobile Banking Payments Innovation Push-to-Card 105

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The Weekender can catch you up.

Visa 60

Visa Online and Mobile Banking Push-to-Card Digital Currency 60

FICO

OCTOBER 16, 2020

With ambitious goals to open up banking and decimate fraud, PSD2 has taken a long time to deliver, and we’re not quite there yet. One-time passcodes (OTPs), usually delivered by SMS text to the customer’s mobile phone, are a strong contender for widespread adoption. Banks and their customers, it seems, are on the same page about this.

Authentication 52

Authentication Online and Mobile Banking Card Issuer Issuers 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 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

NOVEMBER 16, 2020

The country’s banking system is giving an upgrade to its instant payments system. Kavakama points to the fact that the country’s central bank has mandated that first-tier banks connect to PIX. Kavakama points to the fact that the country’s central bank has mandated that first-tier banks connect to PIX.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

Tearsheet

MARCH 21, 2024

As leaders in innovative marketing, they’ve collaborated with iconic brands like Morgan Stanley, Truist, Bank of America, and more. As leaders in innovative marketing, they’ve collaborated with iconic brands like Morgan Stanley, Truist, Bank of America, and more. Go to tearsheet.co/strawberryfrog strawberryfrog to learn more.

Financial Literacy 59

Financial Literacy Debit Card Credit Cards Push-to-Card 59

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

Contactless Payments Push-to-Card Encryption Online and Mobile Banking 88

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

FICO

OCTOBER 16, 2020

With ambitious goals to open up banking and decimate fraud, PSD2 has taken a long time to deliver, and we’re not quite there yet. One-time passcodes (OTPs), usually delivered by SMS text to the customer’s mobile phone, are a strong contender for widespread adoption. Banks and their customers, it seems, are on the same page about this.

Authentication 40

Authentication Online and Mobile Banking Card Issuer Issuers 40

The Fintech Times

JANUARY 29, 2024

In its annual Beyond Borders report, EBANX found that while digital commerce is growing by 13 per cent or 12 per cent per year in more consolidated markets around the world, like the US or Europe, online sales are expanding at a much faster pace in rising economies, of 20 per cent, according to Statista ‘s data, in the study.

Online and Mobile Banking 64

Online and Mobile Banking Push-to-Card B2B Economy 64

The Fintech Times

FEBRUARY 29, 2024

Jeremy Baber, CEO of Lanistar “Established markets are dominated by traditional banking meaning the opportunities for newer fintechs to deliver significant change are much more restricted. “Brazil, for example, has been the site of the development and roll-out of bank transfer methods such as PIX and QR-code-driven payments.

Payments Trends 59

Payments Trends Online and Mobile Banking Payments Instant Payments 59

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.

Push-to-Card 110

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

Fintech Finance

JANUARY 25, 2024

or Europe, online sales are expanding at a much faster pace in rising economies, of 20%, according to Statista’s data, in the study. In addition to the demographic and economic push, rising economies largely benefit from digitization,” states Paula Bellizia, President of Global Payments at EBANX.

Economy 52

Economy Consumer Alternative Payment Methods Online and Mobile Banking 52

Clearly Payments

DECEMBER 5, 2023

Payment processors play a crucial role in modern commerce by enabling various forms of payment, including credit cards, debit cards, electronic funds transfers, and digital wallets. The evolution of credit card processing has played a pivotal role in shaping the modern landscape of commerce.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

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

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

JUNE 4, 2020

One-third of those surveyed since the outbreak said in a recent study that they planned to up their digital and mobile banking tool usage, for example.”. Digital payment technologies enable banks to meet evolving customer needs in everything from refunds and consumer incentives to [B2B] payments. Server farms didn’t melt.

Digital Payments 52

Digital Payments Online and Mobile Banking Payments Push-to-Card 52

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 52

PYMNTS

MAY 11, 2020

Online casinos worldwide already make digital disbursements by relying on third parties that have been processing payments for decades,” according to the May Tracker. Credit and debit transfers have been especially popular in Europe for sending funds to winners, for example. People want answers. 6321 “… proposes that U.S.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

PYMNTS

FEBRUARY 18, 2020

Increasingly, fraudsters are striking at the very beginning of customers’ relationships with banks and credit unions (CUs), focusing their efforts on account takeovers and new account fraud. In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally. There are new data privacy concerns, too.”.

Fraud Prevention 66

Fraud Prevention Account Takeovers Online and Mobile Banking P2P 66

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. PYMNTS research shows 11.5 Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

JANUARY 8, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. The increasing reliance of payments and commerce on mobile devices renders location another important tool in making the three pillars of the customer relationship satisfying and relevant. That is not going to change overnight. Cigar Experience.

Credit Union 56

Credit Union Issuers Online and Mobile Banking Push-to-Card 56

PYMNTS

APRIL 20, 2018

These rising expectations have even previously resistant restaurants investing in mobile ordering and other technologies, including pancake chain IHOP. That’s really what drove us down the path of creating an IHOP mobile app and investing in other technology.”. When it comes to keeping restaurant customers happy, convenience is king.

Technology 45

Technology Online and Mobile Banking Push-to-Card Debit Card 45

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

PYMNTS

SEPTEMBER 9, 2019

If the banks are closed or running at partial service levels, that paper check won’t be all that useful until a bank can clear it. If the banks are closed or running at partial service levels, that paper check won’t be all that useful until a bank can clear it. Insurers estimate it will cost them as much as $25 billion.

Instant Payments 68

Instant Payments Push-to-Card Checks Payments 68

PYMNTS

FEBRUARY 24, 2016

Now, however, new details have surfaced as to why China’s banks were finally ready to jump on the Apple Pay bandwagon. According to a report in the Chinese news site Caixin , Apple cut a deal with Chinese banks to charge them less fees than what it charges banks in the U.S. banks fork over to Apple per transaction.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card Mobile Payments Card Issuer 40

PYMNTS

MARCH 1, 2018

In recent weeks, some big names have joined the push to pay employees more quickly. Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. As such, this generation is driving a greater issuance of debit cards than credit cards.

Financial Literacy 40

Financial Literacy Push-to-Card Credit Cards Online and Mobile Banking 40

PYMNTS

DECEMBER 16, 2019

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. billion of whom have a mobile phone. In developed markets, 4G will move to 5G with 15 percent of mobile phones connected, and to 5G five years from now. Today, there are 7.3

Online and Mobile Banking 72

Online and Mobile Banking Credential Payments Economy 72

PYMNTS

JANUARY 1, 2020

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. billion of whom have a mobile phone. In developed markets, 4G will move to 5G with 15 percent of mobile phones connected, and to 5G five years from now. Today, there are 7.3

Economy 69

Economy Online and Mobile Banking Credential Push-to-Card 69

PYMNTS

FEBRUARY 26, 2018

We found out Google was hitting reset on its mobile payments ambitions. And we learned Bank of America is perhaps a little bit concerned about the competitive risk bitcoin presents. Discover said customers can get their cash back bonuses transferred to a Discover credit card Cashback Bonus account.

Online and Mobile Banking 40

Online and Mobile Banking Debit Card Checks Point-of-Sale (POS) 40

PYMNTS

MAY 29, 2020

Amazon made a big push into the automotive world, while Walmart doubled down on secondhand clothing sales. billion,” Asad Hussain , a mobility tech analyst at PitchBook, wrote in a research note. So the eCommerce giant certainly has both the scale and the capital required to push Zoox’s ambitious goals. Zoox was valued at $3.2

Online and Mobile Banking 52

Online and Mobile Banking Push-to-Card Direct Deposit Debit Card 52

PYMNTS

OCTOBER 22, 2020

To see where the great digital shift that is transforming financial services is headed…. ….follow follow the money. In an interview with Paul Purcell , partner at Continental Advisors , four panelists — investors and analysts all — weighed in on the current investment climate … and whether that climate is getting overheated. And Who’s Got It .

FinTech 67

FinTech Online and Mobile Banking Privacy B2B 67

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay is facing an increasingly competitive and complicated world these days.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

PYMNTS

MARCH 9, 2017

Yesterday (March 8), Samsung Pay went live and online in India, a push done in collaboration with five Indian banks: Axis, HDFC, ICICI, SBI, and Standard Chartered, and credit and debit cards from MasterCard and Visa. billion mobile subscribers, which makes it a compelling opportunity to tap into.”.

Online and Mobile Banking 43

Online and Mobile Banking Push-to-Card Mobile Payments Visa 43

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. I joked that I’d be a shoo-in for the job. Amazon Takes Its Bite Out of the Big Apple.

Push-to-Card 67

Push-to-Card Online and Mobile Banking Consumer Government 67

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. In order to receive card-based payments, businesses need to have a merchant account.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88