Fintech News

AUGUST 26, 2024

In an area where cash was once king, digital wallets reign supreme, reshaping how people pay and how they think about money itself. With global digital wallet payments projected to reach US$19.6 At the heart of this phenomenon lies the seamless integration of payment functionalities into the region’s most popular messaging apps.

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PYMNTS

DECEMBER 3, 2020

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. Additionally, the initiative can serve the gig economy through offering real-time payments to any account.

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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. In addition, account holders will be given a contactless debit card, with the ability to make purchase in a digital wallet.

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PYMNTS

AUGUST 7, 2020

Cash was long king in Nigeria despite more than a decade of efforts to bring cashless options to consumers, Jay Alabraba , co-founder of Nigerian payments platform Paga , told Karen Webster. We also saw a significant growth on the merchant side when it came to taking noncash payments as well. Trusted Local Agents Are Key.

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PYMNTS

OCTOBER 8, 2020

Even the highest-flying of firms riding the waves of mobile devices and digital payments may have their speed bumps. But if the active user trend is downward, it may portend at least some bumps in the road for plans to entrench payments more firmly in the Reliance ecosystem. That's not too bad.”.

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Payments Source

APRIL 16, 2019

Payments providers can use this announcement as a chance to evaluate their mobile payment offerings and gain a better understanding of consumers’ evolving expectations in order to better serve their merchants, writes Casey Bullock, general manager of global enterprise e-commerce for North America at Worldpay.

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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.

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

PYMNTS

JUNE 18, 2020

The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. In a region where 80 percent of transactions are still carried out in cash, penetration remained low, and digital payments remained a tough sale. Tokens In The Cloud.

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Digital Payments Payment APIs and Integration Push-to-Card Payments 72

PYMNTS

OCTOBER 14, 2020

Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. PayCore has been pushing to expand globally from its home base in Turkey, having acquired Mastercard Payment Transaction Services Turkey Bili?im

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PYMNTS

JUNE 4, 2020

Human living went digital-first in the time it took COVID-19 to circle the earth once – about three months. That digital continuity in the face of ruinous physical events changes everything. Digital payment technologies enable banks to meet evolving customer needs in everything from refunds and consumer incentives to [B2B] payments.

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

Clearly Payments

SEPTEMBER 16, 2024

Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. What are Contactless Payments? Here’s a breakdown of each type and its growing significance: 1.

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Tearsheet

OCTOBER 2, 2024

Morgan have recently announced a partnership aimed at facilitating the transition from checks to digital payments for major banks in the United States. This collaboration has resulted in the launch of Codat’s new Supplier Enablement API product, designed to increase virtual card usage, with J.P. Stephen Markwell, J.P.

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B2B Checks Payment APIs and Integration Push-to-Card 59

Fintech Finance

MARCH 20, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, today announces the launch of its global Mea Card Gateway. By providing a seamless and secure bridge, it simplifies the integration of payment processing across diverse platforms, reducing complexity and costs for businesses.

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PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

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FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. And the digital payments landscape made a global-scale impact, both positive and negative which FIs now must deal with. FICO Admin.

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The Paypers

AUGUST 11, 2020

The COVID-19 pandemic has accelerated Singapore's push to digital payments, with rise in card payments and decline in cash usage, according to GlobalData.

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Digital Payments Push-to-Card Payments 53

PYMNTS

JUNE 3, 2019

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. After all, people around the globe continue to go about their daily lives without the benefits of bank accounts, payment cards or reliable access to digital payment services.

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Fintech Finance

AUGUST 29, 2024

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Enter payment passkeys. Upon successful authentication, the payment is instantly completed. “By

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Payments Dive

JANUARY 2, 2018

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

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The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

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Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

PYMNTS

OCTOBER 17, 2016

Japan may have a lot of tech-savvy consumers, but when it comes to payments, they haven’t embraced the new way of purchasing things. The study found that it was more than double the percentage of Japanese internet users who typically pay via a digital payment method. percent of the survey respondents.

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Digital Payments Consumer Push-to-Card Payments 55

Fintech Finance

MARCH 21, 2024

Thunes , a cross-border payments company, today announced its deepened strategic collaboration with Visa , a world leader in digital payments, aimed at enabling new endpoints in key markets across Asia and Africa. Digital wallets are an easy-to-use, rapid, and secure payment method surging in popularity.

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PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04 Businesses’ and individuals’ transaction methods are also changing, with paper-based methods falling out of favor as digital methods rise. trillion in 2018.

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PYMNTS

JUNE 15, 2020

Visa is working with Facebook so that consumers can fully use the new payments feature on WhatsApp in Brazil, the global digital payments giant announced on Monday (June 15). “As In addition, small businesses will be able to receive payments from customers if they create a WhatsApp Business app account.

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Payments Source

MARCH 22, 2021

Banks, credit card companies and digital payments processors are nervously watching the push to create an electronic alternative to the paper bills Americans carry in their wallets, or what some call a digital dollar and others call a Fedcoin. ]].

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Payments Source

DECEMBER 15, 2020

Millions of workers are still displaced from offices, pushing financial services designed for the trend, such as Barclaycard Payments' Precisionpay Go app for businesses to issue virtual cards for corporate expenses.

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PYMNTS

SEPTEMBER 17, 2020

To help merchants receive faster access to funds, EVO Payments Inc. has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic area, according to a Thursday (Sept.

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PYMNTS

OCTOBER 5, 2020

Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown. We’re still a long way away from an end to end digital experience governing how corporates pay and get paid.

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The Fintech Times

MARCH 26, 2024

Here, Ray Merceron , general manager of sales, LAC region at i2c , the global payment processor, breaks down how Latin America’s payment market is evolving, its challenges, as well as i2c’s plans in the region. Latin America’s payment technology landscape is evolving rapidly.

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PYMNTS

JANUARY 25, 2021

According to Ossama Soliman , chief product officer at open banking provider TrueLayer , the very fact that there are so many payment options pushes new entrants to differentiate themselves from the pack. “It But actually, it raises the bar for what it takes to add a new payment method into the checkout.”. 26) in the U.K.,

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Stax

SEPTEMBER 24, 2024

One of them is multiple payment options. While electronic payments have been rising in popularity, you still can’t ignore cash. According to YouGov Profiles , 67% of Americans still use traditional payment options for in-store purchases. In 2023, card brands in the U.S. earned approximately $135.75

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PYMNTS

OCTOBER 8, 2020

Ingo Money CEO Drew Edwards told Karen Webster that instant payments pose just such an attraction to fraudsters who hope to not only exploit security holes to get paid, but to get paid faster than ever before. . But clawbacks don’t exist in the world of instant payments. After all, who doesn’t want to get their money faster? .

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PYMNTS

NOVEMBER 4, 2020

Many of the numerous ordering and payment methods that today’s QSR customers enjoy have taken time to evolve and catch on. Various digital methods have since joined these options as consumers have embraced smartphones and other electronic devices, but the COVID-19 pandemic has been accelerating digital uptake in an unprecedented way.

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PYMNTS

OCTOBER 9, 2020

Watchers of the B2B payments space already know how overwhelming the power of inertia can be. The great digitization that was supposed to drive out reams of paper has long been promised, but somehow never quite shows up. Paper checks always seem to stick around for another year, as digital progress crawls forward by inches.

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Finovate

SEPTEMBER 20, 2024

Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. Benefits to Walmart include lower transaction costs, faster settlement, reduced fraud, and fewer payment declines, while customers can avoid stacked pending transactions. FedNow and RTP, they don’t necessarily talk to one another.

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PYMNTS

JUNE 10, 2020

Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S. That has motivated a sea change as brands and physical retailers are working to rebuild their consumer experiences around digital, she said. Widening the Range Of eGifting’s Capability.

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Digital Payments Contactless Payments Payments Point-of-Sale (POS) 59

PYMNTS

JANUARY 26, 2021

B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. NuORDER brands can start taking credit card payments inside of their wholesale platforms without needing to process payments by telephone or harness a third-party payment gateway, according to a Tuesday (Jan.

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