Fintech News

JULY 3, 2024

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 112

Finance Online and Mobile Banking Micro-Entry Non-Bank 112

PYMNTS

JULY 26, 2020

India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. UPI was established by the central bank and is owned by a group of local lenders.

Volume 123

Volume Transactions Digital Payments Online and Mobile Banking 123

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

EBizCharge

MARCH 12, 2024

With the boom in eCommerce, adopting ways of paying online is vital to healthy cash flow. Businesses that accept online payment methods can streamline the purchasing process for their customers and expand their reach to new audiences. What are the best ways to accept payments online?

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

PYMNTS

SEPTEMBER 3, 2020

Visa is teaming with Norwegian digital wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International. With the new strategic partnership, Visa clients can use Vipps' platform to make digital wallets and offer diverse ways for customers to pay and be paid.

Mobile Payments 55

Mobile Payments eWallet Online and Mobile Banking Best Practices 55

PYMNTS

FEBRUARY 2, 2021

In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. A widespread embrace of mobile devices, said Wain, “made it possible for new players in that ecosystem to build and deliver services on top of the mobile telecom infrastructure.

Digital Payments 94

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

PYMNTS

AUGUST 15, 2019

Japan, in the last several years, has been something of a puzzle among mobile payments watchers around the world. And the first mobile wallet in history launched in Japan — created by I Mode and DOCOMO 20 years ago in 1999. PayPay And Signs Of Mobile Acceleration.

Mobile Payments 61

Mobile Payments Online and Mobile Banking Payments Push-to-Card 61

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

SEPTEMBER 28, 2020

India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). Deora said creating a full commerce ecosystem has largely been about starting with payments and building out expansively from there.

Mobile Payments 135

Mobile Payments Payments Use Case Contactless Payments 135

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

M2P Fintech

AUGUST 25, 2023

But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. Clocking a record high of 9.96

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

PYMNTS

MARCH 21, 2017

said the addition of the new payment methods enables commercial cardholders to easily and securely pay with compatible device, making U.S. Bank the first financial firm to offer mobile payments for a Visa corporate card. Bank Corporate Payment Systems, in the press release. Bank Access® Online mobile app.

Mobile Payments 48

Mobile Payments Online and Mobile Banking Commercial Card Payments 48

The Fintech Times

MARCH 18, 2024

Ant International , the Asia-based one-stop digital payment and financial services platform for SMEs, is kicking off a global campaign to engage with fans globally in the lead-up to UEFA EURO 2024 , of which it is an official partner.

Cross-Border 105

Cross-Border Online and Mobile Banking eWallet Mobile Payments 105

Fintech Finance

MARCH 25, 2024

HyperPay , the leading payment gateway provider in the MENA region, signed a collaboration agreement with Capital Bank intending to drive the future of streamlined payment gateway services for merchants. The collaboration will enhance the online payment gateway services, offering benefits to both merchants and consumers.

Agreements 52

Agreements Payment Gateways Gateways Online and Mobile Banking 52

PYMNTS

NOVEMBER 19, 2020

Companies must tailor their payments approaches to the norms and preferences of each market in which they intend to operate, and that means researching local habits as well as staying abreast of consumers’ and merchants’ changing transaction tastes. Merchants are also finding that they need to get online, he added.

Mobile Payments 63

Mobile Payments Online and Mobile Banking Payments Real Time Payments 63

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

PYMNTS

JULY 11, 2016

Big companies like PayPal have been dominating the digital payments world for many years. And for years, banks have caught flack for not offering digital and mobile payments options that are up to snuff with what the tech giants have brought to market. PayPal, for example, charges merchants 2.9

Mobile Payments 50

Mobile Payments Online and Mobile Banking Venmo PayPal 50

Payment Savvy

JULY 12, 2024

In the evolving world of small businesses, efficient payment processing is crucial. Online payments’ convenience and speed can boost customer satisfaction and streamline operations. However, the fees associated with payment processing can be a burden. Why Free Payment Processing?

Debit Card 52

Debit Card Online and Mobile Banking Payments Zelle 52

Fintech Finance

OCTOBER 22, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio , a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

Push-to-Card 52

Push-to-Card End User Embedded Finance Commercial Card 52

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. Uala offers users prepaid Mastercards, metro card refills, digital payments and bill payment services.

Mobile Banking 62

Mobile Banking Online and Mobile Banking Digital Payments Visa 62

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

PYMNTS

JANUARY 18, 2019

Now, though, mobile and other forms of digital payments are making inroads into penitentiaries around the world. The spread of digital payments within the world of prisons, however, is not without fraud. And last year, the People’s Bank of China found 602 instances in which merchants refused to accept cash.

Mobile Payments 63

Mobile Payments Payments Online and Mobile Banking Digital Payments 63

Fintech Finance

FEBRUARY 29, 2024

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.

Visa 52

Visa Financial Inclusion FinTech Online and Mobile Banking 52

The Fintech Times

MAY 2, 2024

This was supported by business-friendly financial technology regulations and the widespread adoption of digital banking services. This represents Visa’s first project in the local open banking sector. They accounted for nearly half of all transactions at 48 per cent, while digital wallets came in second.

Online and Mobile Banking 59

Online and Mobile Banking Cross-Border Mobile Payments Non-Bank 59

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

Fintech Finance

DECEMBER 6, 2023

Conferma Pay and Mastercard have expanded their partnership to enable mobile virtual card payments. Mastercard’s commercial bank clients that are enrolled with select digital wallet providers will now be able to offer the convenience of contactless virtual card payments to their corporate customers using Conferma Pay.

Visa 52

Visa Payment APIs and Integration Online and Mobile Banking Reconciliation 52

PYMNTS

MAY 27, 2020

We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means. As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. As Good noted, four in 10 U.S.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

PYMNTS

DECEMBER 27, 2018

In addition, Japan’s FamilyMart plans to roll out a mobile payment service, Khalti teamed up with food delivery company Foodmandu for digital payments in Nepal and FitBit Pay is waiting for Reserve Bank of India (RBI) clearance in India.

Mobile Payments 46

Mobile Payments Online and Mobile Banking Payments Credit Cards 46

PYMNTS

SEPTEMBER 3, 2020

For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI payment solutions at FIS.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

The Fintech Times

APRIL 29, 2024

Alipay+ has signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO). The news after China’s central bank, the People’s Bank of China , has been guiding banks and mobile payment companies to take measures to optimise payment experience for international visitors.

SARS 72

SARS Online and Mobile Banking eWallet Mobile Payments 72

Fintech News

JUNE 26, 2024

Ant International, a global digital payment and financial technology provider, announced that it supports nearly 100 million micro, small, and medium-sized enterprises (MSMEs) worldwide. Alipay+, the company’s cross-border mobile payment platform, is now accepted by over 90 million merchants in 66 markets.

Online and Mobile Banking 106

Online and Mobile Banking Embedded Finance Cross-Border Small Business 106

PYMNTS

SEPTEMBER 22, 2020

In today’s top payments news around the world, JD.com is working with China’s central bank to advance cryptocurrency, while U.S. WeChat users are reportedly racing to get the Chinese mobile payment, messaging and social media program. JD.com Joins China’s Central Bank To Advance Digital Currency.

Central Bank 80

Central Bank Cryptocurrency Online and Mobile Banking Digital Currency 80

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 24, 2020

Brazil’s Central Bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Mastercard and Visa have been requested to stop payments and money transfer services through the app in Brazil as well, the bank said.

Central Bank 112

Central Bank Payments Visa Stop Payment 112

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

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%.

B2B 88

B2B Process B2C Credit Cards 88