PYMNTS

DECEMBER 16, 2016

15) that Wirecard, the European payment and internet technology company, has joined the payment provider’s backing of the Pay by Bank mobile banking initiative. Wirecard will also incorporate the Pay by Bank app into its U.K. online merchant suite of alternative payment options.

Mobile Banking 62

Mobile Banking Online and Mobile Banking Mobile Payments Security 62

Fintech News

AUGUST 26, 2024

Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting applications for the virtual banking license. With the deadline looming on the 19th of September 2024, speculations are rife for Thailand’s virtual banking license applicants.

Online and Mobile Banking 117

Online and Mobile Banking Bots Financial Inclusion Underserved 117

PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

Digital Payments 93

Digital Payments Accounts Zelle Online and Mobile Banking 93

PYMNTS

NOVEMBER 12, 2020

PYMNTS’ November 2020 Disbursements Tracker® , done in collaboration with Ingo Money , states that “FIs that support digital and mobile payment tools could help these consumers access financial solutions without using traditional accounts, but many FIs must address age-old challenges before they can roll out such tools.”

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81

PYMNTS

APRIL 10, 2018

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making the digital conversion.

Mobile Banking 40

Mobile Banking Consumer Online and Mobile Banking Credit Union 40

PYMNTS

JUNE 4, 2020

That digital continuity in the face of ruinous physical events changes everything. In PYMNTS’ June edition of The Digital Payments In A Digital World Playbook done in collaboration with Wirecard , we learn that “digital shifts in regions like the EU and the U.S. Server farms didn’t melt. The internet didn’t break.

Digital Payments 52

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

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 129

Online and Mobile Banking Treasury Non-Bank Finance 129

The Fintech Times

NOVEMBER 16, 2024

per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population. Through its regulatory sandbox, the Central Bank of Armenia (CBA) has attracted $90million in investments, propelling the country to 34th place in the Global Fintech Index 2023. per cent holding a credit card.

FinTech 68

FinTech Central Bank Financial Literacy Online and Mobile Banking 68

PYMNTS

SEPTEMBER 15, 2020

Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 Tesco Bank ’s purpose is to help … shoppers manage their money a little better every day,” said Sigga Sigurdardottir, Tesco’s chief customer officer, in a statement.

Credit Cards 56

Credit Cards Digital Payments Central Bank Online and Mobile Banking 56

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. We are pleased to partner with Lumin Digital to provide these necessary digital banking services to our members.”.

Credit Union 82

Credit Union Digital Payments Online and Mobile Banking Agreements 82

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers. How Do NFC Mobile Payments Work?

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. The conversation came against a backdrop where, as noted in a recent PYMNTS Tracker , a majority of Americans did their banking online last year. As more banking has shifted online, an increasing amount of that online activity is occurring across mobile conduits.

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Disputes 107

PYMNTS

NOVEMBER 24, 2020

South African digital identity firm Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. . Banking app security was especially problematic, according to the statement. The pandemic has accelerated the shift to online banking.

Security 58

Security Online and Mobile Banking Mobile Banking NOV 58

PYMNTS

JUNE 29, 2020

The COVID-19 pandemic is one of the most monumental crises the banking industry has faced, and the sector must stare down the dual challenges of creating safety measures at branch locations while addressing the ongoing economic downturn that has stretched their capacity for processing and deferring loans.

Online and Mobile Banking 126

Online and Mobile Banking IRS Adjustments Checks 126

PYMNTS

JUNE 1, 2016

Small and medium-size enterprises are on their way to adopting some of the newest technology to help run their business, and that includes embracing solutions to enhance their payments and banking capabilities. Today, businesses surveyed said they expect to increase their use of some kind of digital payment method over the next year.

Online and Mobile Banking 41

Online and Mobile Banking Wire Transfer Small Business Mobile Banking 41

PYMNTS

JUNE 1, 2020

The new coronavirus had an immediate and profound effect on the financial services industry, as brick-and-mortar bank branches closed to protect public health. Those closures meant that many consumers in countries like the United States were left only with digital platforms to access their bank accounts or to conduct necessary transactions.

Online and Mobile Banking 54

Online and Mobile Banking Digital Payments Community Banks Mobile Banking 54

The Fintech Times

NOVEMBER 14, 2024

Furthermore, none have excelled when it comes to mobile and internet adoption and accessibility. This culminated in 2019, when it adopted the Digital Kyrgyzstan 2019-2023 Strategy. Despite each country having its own unique qualities, there are some similar behaviours shared across them too from an economic point of view.

FinTech 71

FinTech Online and Mobile Banking Financial Inclusion Central Bank 71

Fintech Finance

MAY 30, 2024

The way people pay and get paid has changed more in the past five years than in the last 50, and the latest innovations will bring new payment experiences to transform commerce and money movement spanning eCommerce, face-to-face in-store shopping, and seamless money transfers.

Online and Mobile Banking 52

Online and Mobile Banking Product Credential RTP 52

The Paypers

MAY 31, 2016

(The Paypers) Standard Chartered , a British multinational banking and financial services company, has launched its mobile and online banking platform in eight African countries to enable payments services.

Mobile Banking 28

Mobile Banking Online and Mobile Banking Digital Payments Payments 28

Fintech Finance

JUNE 6, 2024

Hibret Bank , in collaboration with Mastercard , has announced the launch of the Prepaid Hibir Mastercard services, marking a significant milestone in the journey towards financial digitization in Ethiopia.

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

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

The Fintech Times

JULY 24, 2024

Nicky Senyard, CEO and founder of Fintel Connect “Developing countries are actually great places for new ideas because they often don’t have traditional banks. This shift has led to a bunch of great advancements in mobile banking and money apps, making it possible for financial services to reach even the most remote areas.

Finance 58

Finance Micro-Entry Online and Mobile Banking Financial Inclusion 58

PYMNTS

DECEMBER 11, 2019

In today’s top news, policymakers at the European Central Bank (ECB) will meet to discuss the pros and cons of launching their own electronic currency. Also, open banking platform Token.io ECB President Touts Benefits of Central Banks Launching Crypto. Token’s M10 Networks Launches ‘Bank-Grade’ Digital Money Rail.

Central Bank 52

Central Bank Cross-Border Online and Mobile Banking Cross-Border Payments 52

PYMNTS

APRIL 30, 2020

The coronavirus pandemic has consumers around the world turning to digital devices to access banking services. The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Mobile Banking Adjustments 60

PYMNTS

MAY 9, 2019

So it is with banking, and with fraudsters and their victims, where attacks leverage weak points inherent in existing technology and processes. The access lets the bad guys steal identities and drain bank accounts. The shift toward mobile banking done across phones also carries with it the promise of financial inclusion.

Online and Mobile Banking 40

Online and Mobile Banking ATM Authentication Verification 40

PYMNTS

APRIL 23, 2020

The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Just what is a bank, anyway? In a recent PYMNTS study , What is a Bank: What U.S. As many as 36.8

Online and Mobile Banking 100

Online and Mobile Banking Checks Debit Card Community Banks 100

Payments Source

AUGUST 15, 2017

The real lag behind fintech started when banks rested on those online and mobile banking laurels and allowed other players in the mobile space to bypass them in working toward mobile point of sale payment services, writes Jack Jania, senior vice president of strategic payment alliances at Gemalto.

Online and Mobile Banking 61

Online and Mobile Banking FinTech Innovation Mobile Banking 61

PYMNTS

SEPTEMBER 21, 2020

Women, refugees, the poor and the young had historically had low inclusion in Jordan’s banking system because there’s no good onboarding process for them – but mobile-phone penetration runs deep across Jordanian society, even among critically underbanked segments. Building Better Payments And Banking Services .

Online and Mobile Banking 102

Online and Mobile Banking Financial Inclusion Interoperability Participant 102

The Payments Association

OCTOBER 28, 2024

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. What’s next?

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

DECEMBER 1, 2017

This year, Capital One researchers found that treasurers are especially interested in mobile banking capabilities as they seek new tools for their profession. At a time when we’re seeing mobile adoption continuing to gain traction, we hold ourselves to the highest standards to deliver an unparalleled customer experience.”.

Treasury Management 40

Treasury Management Online and Mobile Banking Treasury Cybersecurity 40

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

PYMNTS

JUNE 2, 2016

There are 26 letters in the alphabet, and it may be the case that mobile banking tech outfit NUMBER26 may be called a string of words that have four letters each. NUMBER26 has said there is a reason tied to each closure but that the company is unable to speak to specifics.

Mobile Banking 40

Mobile Banking Accounts Transactions Digital Payments 40

PYMNTS

JULY 31, 2020

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay , two of the county’s biggest online payment and money transfer platforms, Reuters reported. COVID-19 and its aftermath moved the country from cash to online payments. The mobile banking market reported 56.2

Regulations 72

Regulations Online and Mobile Banking Request for Comment Central Bank 72

PYMNTS

OCTOBER 22, 2018

Make consumers feel as though they are in charge, and give them more transparency into their personal payment transactions, and you might not only win their loyalty, but could also encourage them to spend more, or use your payment methods more often. 22) that involves mobile payment services provider Ondot Systems and Citi Ventures.

Mobile Payments 69

Mobile Payments Consumer Online and Mobile Banking Payment APIs and Integration 69

The Fintech Times

JUNE 27, 2024

Introduced in 2020 by the Central Bank of Brazil , the Pix digital payment system has become one of the most used payment methods in the country with over 164 million users. The Pix instant payment system is widely used in Brazil to streamline and expedite purchases and financial transactions.

B2G 63

B2G Instant Payments Online and Mobile Banking Payments 63

PYMNTS

DECEMBER 7, 2018

Google Pay, a digital wallet and payment platform, has added about 30 new U.S. credit unions and banking institutions to its platform this month, according to a report. The list of banks added to the list has been growing recently, including international ones as well. The American banks are: Arundel Federal Savings Bank.

Credit Union 52

Credit Union Mobile Payments Online and Mobile Banking Community Banks 52