Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 127

Online and Mobile Banking Treasury Non-Bank Finance 127

The Fintech Times

JULY 15, 2024

BNP Paribas , the multinational bank, is joining forces with Ant International , a digital payment and financial technology leader, in a move to enhance cross-border payment solutions for merchants and consumers across Europe.

Cross-Border Payments 48

Cross-Border Payments Cross-Border Payment Solutions Treasury Management 48

The Fintech Times

SEPTEMBER 22, 2024

per cent this year and six per cent next year, according to the Asian Development Bank. million in 2022, and during the same period, online payment transactions soared to 1 billion, amounting to $272.8billion in total. Cambodia has also ventured into central bank digital currencies (CBDCs). million in 2021 to 19.5

Financial Inclusion 67

Financial Inclusion FinTech Central Bank Online and Mobile Banking 67

M2P Fintech

JULY 28, 2023

Debit cards are pivotal to a bank’s digital payment mix. With minimal credit and regulatory risks involved, they are safe digital payment facilitators that deliver convenient transactions, freedom from debt, and rewards. Loyalty Program Loyalty programs boost customer lifetime value.

Debit Card 52

Debit Card Payment APIs and Integration Reconciliation Fraud Detection 52

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. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

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Process Online and Mobile Banking PCI DSS Debit Card 88

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. At its core, it involves the authorization, capture, and settlement of transactions. trillion by 2027. Visa, Mastercard).

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Process Processors Online and Mobile Banking Payments 45

EBizCharge

MAY 15, 2024

Payment Initiation: Once the buyer receives the invoice, they initiate the payment process. Payment methods commonly used in B2B transactions include bank transfers, checks, electronic funds transfers (EFT) , credit cards, and increasingly digital payment platforms.

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B2B Wire Transfer Payments Payment Gateways 52

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. In fact, research from 2023 shows that 69% of Americans said they’ve used a digital payment method in the past 3 months when making a purchase. And the best way for online businesses to start accepting payments is with a payment gateway.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

PYMNTS

SEPTEMBER 9, 2020

Trulioo CEO Steve Munford said the idea is to help along the expansion of banking access. The pandemic has dramatically accelerated the shift to digital all across the world, and this means that online trust and security is now more important than ever," he said, according to the release.

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Verification Online and Mobile Banking Funds Transfer Economy 82

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. What is an electronic funds transfer (EFT)?

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Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

EBizCharge

AUGUST 28, 2024

ABA numbers play a crucial role in ensuring the smooth operation of banking and financial transactions. These unique identifiers serve as a direct line that guides money between banks in the U.S. An ABA number, or routing number , is a nine-digit code used to identify financial institutions in the U.S.

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Wire Transfer Direct Deposit Wires Wire 52

EBizCharge

AUGUST 28, 2024

ABA numbers play a crucial role in ensuring the smooth operation of banking and financial transactions. These unique identifiers serve as a direct line that guides money between banks in the U.S. An ABA number, or routing number, is a nine-digit code used to identify financial institutions in the U.S.

Wire Transfer 52

Wire Transfer Direct Deposit Wires Wire 52

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Digital banks, sometimes called Neobanks, push consumers into digital banking and digital payments.

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

PYMNTS

JUNE 27, 2019

The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). million customers and is the largest online bank outside of Asia.

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Blockchain Digital Payments Instant Payments Online and Mobile Banking 59

EBizCharge

NOVEMBER 12, 2024

A fundamental element that every business leader should be well-versed in is the merchant account — a critical service that facilitates electronic payments. As digital payments continue to grow in popularity, a frictionless payment processing system is vital. What is a merchant account? How do merchant accounts work?

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Accounts Online and Mobile Banking MSPS Debit Card 52

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. What Exactly is an EFT Transfer?

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ACH Payments Debit Card Online and Mobile Banking 98

EBizCharge

APRIL 17, 2024

Your business can benefit from payment links since they don’t involve technical requirements for the payer and offer versatile payment links such as credit cards, electronic payments, and mobile payment options. Confirmation: After entering payment details, the customer approves the transfer of funds.

Payments 59

Payments Online and Mobile Banking Payment Gateways Credit Cards 59

Stax

NOVEMBER 11, 2024

They are an additional type of payment you can take along with debit card transactions and credit card payments from card networks like Mastercard, Visa, American Express, and Discover. Or mobile wallet payment solutions like Google Pay and Apple Pay.

ACH 88

ACH Checks Identity Theft Payments 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%.

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B2B Process B2C Credit Cards 88

PYMNTS

MAY 27, 2020

Regulators in India are looking at Google over antitrust issues amid charges that the tech giant is using its market dominance to unfairly pitch its mobile payments app. Google Pay allows users in India to conduct inter-bank fund transfers and bill payments.

Online and Mobile Banking 52

Online and Mobile Banking Funds Transfer Regulations Laws 52

Payment Savvy

NOVEMBER 14, 2022

If you’re familiar with traditional check processing, where banks manually process physical paper checks and deposit funds into the appropriate bank accounts, then you probably get the idea of electronic checks. Let’s explore this modern online payment method and see if you can benefit from it too.

Checks 52

Checks Direct Deposit ACH Online and Mobile Banking 52

PYMNTS

DECEMBER 11, 2018

And they are incredibly mobile-connected – particularly when it comes to making choices about purchases, according to PYMNTS research. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., percent of businesses innovate to meet demand to use new payment methods, with 43.6

Online and Mobile Banking 68

Online and Mobile Banking Blockchain Venmo P2P 68

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. Customers with NFC-enabled debit or credit cards or mobile devices can initiate a payment by bringing them close to the terminal.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

FICO

FEBRUARY 17, 2023

From the rapid and sudden shift to online and mobile banking, to exploring artificial intelligence (AI) and hyper-personalization , the finance world is changing quickly. Banks and other financial institutions are adopting a digital first strategy, and there’s no going back.

Online and Mobile Banking 52

Online and Mobile Banking Scams Debit Card Risk 52

Nanonets

MAY 30, 2023

Electronic payments or ePayments are the norms now, driven not only by the enormous digital developments of recent decades but also spurred on by the pandemic-induced lockdowns and social distancing.  The Limits of payment:  Cash payments are limited by the amount of cash in the wallet.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Payment Reconciliation Online and Mobile Banking 52

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. Visa announced last week that global payment technology firm TransferWise is the latest partner tapping into its real-time push payments platform, Visa Direct. Did you blink and miss something?

PayPal 52

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

PYMNTS

DECEMBER 3, 2018

Yet, he admitted, as always with such a technology-driven sea change in payments, where banks and PSPs seek to digitize transactions, challenges remain. “It It may indeed be a sizable undertaking to bring instant payments to a pan-European stage, to touch a market of 500 million individuals and 5 million enterprises.

Instant Payments 62

Instant Payments ISO 20022 Online and Mobile Banking Cross-Border 62

PYMNTS

MAY 14, 2020

That’s certainly true of firms that help transfer money, sent by individuals back to recipients (including their families) domestically or across borders. To that end, remittances are poised to decline markedly from the $550 billion level seen last year, as estimated by the World Bank.

Cross-Border 60

Cross-Border Online and Mobile Banking Transactions Funds Transfer 60

PYMNTS

NOVEMBER 20, 2018

David Yates was working at First Data , running its international business, and online retail, as he recalled in a new PYMNTS interview, was “really starting to lift off.” He started to really consider the role of payments in the overall transaction experience, one not totally tethered to the physical world. 19) interview.

Visa 74

Visa Online and Mobile Banking Payments Real Time Payments 74

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

Online and Mobile Banking 82

Online and Mobile Banking RTP BNPL Debit Card 82

EBizCharge

JULY 29, 2024

The payment functionalities embedded within an ERP payment processing system can support a range of ERP payment methods, including electronic funds transfers (EFTs) , credit card processing, and even emerging digital payment options.

Product 52

Product Payments Electronic Funds Transfer (EFT) Compliance 52

Fintech Labs Insights

FEBRUARY 23, 2016

ModoPayments scored $2 million for its digital payments platform. Digital bank. Digital payments plaform. Security solutions for mobile apps and online services. Real estate discover mobile app. Mobile loyalty and payments. million for its real-time payroll solution.

FinTech 18

FinTech Online and Mobile Banking Underwriting Funds Transfer 18

Fintech Labs Insights

JULY 12, 2016

Online insurance. Mobile wallet analytics. Mobile savings account. Digital payments platform for financial institutions. Payment processing. Funds transfers. Comcoin digital currency. Tags: Consumer, SMB, payments, virtual currency, crypto-currency, bitcoin, blockchain.

Underwriting 17

Underwriting P2P FinTech Online and Mobile Banking 17

The Fintech Times

NOVEMBER 6, 2024

Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics. For online shopping, Visa passkeys replace passwords or one-time codes. Data Tokens – A new way for people to control their data and enhance their shopping experiences, powered by AI. .”

Product 57

Product Cross-Border FinTech Cross-Border Payments 57

Clearly Payments

MARCH 18, 2024

This dwindling acceptance rate underscores a broader trend towards the adoption of digital payment infrastructure, signaling a paradigm shift in the way commerce is conducted. Demographic Trends in Payments The data overwhelmingly points towards a digital revolution in payments, with younger generations leading the charge.

Credit Cards 88

Credit Cards Federal Reserve FedNow Online and Mobile Banking 88

Clearly Payments

DECEMBER 3, 2023

List of Payment Gateways 2Checkout (now Verifone): Global payment platform for online and mobile commerce (International). Adyen: Single platform for accepting payments globally (International). Alipay: Third-party mobile and online payment platform (China). International).

Payment Gateways 95

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 95

Fintech Labs Insights

AUGUST 8, 2016

Online automobile insurance. Digital banking technology. Digital renter’s insurance. Digital payments platform. Investment banking platform. Mobile payments platform. Tags: Consumer, savings, deposits, spending, investing, personal financial management, PFM, mobile.

Underwriting 18

Underwriting FinTech Debit Card Online and Mobile Banking 18