PYMNTS

DECEMBER 10, 2020

Consumers were forced to swiftly adapt to a world where their primary way to interact with businesses or banks became digital-first, with the pandemic seemingly increasing the number of consumers turning to digital tools to conduct their financial activities. PYMNTS research found that 21.6

Posting 93

Posting Online and Mobile Banking ATM Credit Union 93

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? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments? Leading NFC Mobile Applications.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

DECEMBER 7, 2020

At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO David Briggs told Karen Webster in an interview. Two-thirds of all banking apps don't ask for location at all,” Briggs said. A Rude Awakening.

Risk 93

Risk Online and Mobile Banking Security Social Security 93

FICO

SEPTEMBER 22, 2016

Millennials love their smartphones—so much so that in recent research , millennials ranked them as more important than a toothbrush or even deodorant. Of course, many of our clients want to know more about millennial banking habits. As millennials flock to peer-to-peer mobile payments, Venmo has seen explosive growth.

Mobile Payments 64

Mobile Payments Venmo Online and Mobile Banking Payments 64

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . Our research suggests that traditional FIs may be underestimating consumers’ willingness to embrace new, and some say better, ways to manage and spend their cash.

Online and Mobile Banking 73

Online and Mobile Banking Debit Card ATM Accounts 73

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Documenting the Downloaders.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card Credit Cards Consumer 60

PYMNTS

MARCH 22, 2018

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. Fifty-five percent of Americans have a full-service banking app on their phone, and 16 percent check these apps at least once per day. Around the Digital Banking World.

Online and Mobile Banking 60

Online and Mobile Banking Mobile Deposit Checks P2P 60

PYMNTS

JANUARY 24, 2017

As more Americans reach for their mobile devices when making purchases, providers are looking for new ways to secure smartphones. According to industry research, mobile commerce now accounts for nearly a third of the U.S. economy, with sales via mobile devices contributing more than $104 billion to the economy.

Security 51

Security Online and Mobile Banking Economy Mobile Banking 51

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. The rise comes as the U.S.

Central Bank 80

Central Bank Cryptocurrency Online and Mobile Banking Digital Currency 80

PYMNTS

NOVEMBER 30, 2020

They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. Thirty-two percent, however, are unwilling to allow their FIs to access this information, and 36 percent do not understand why their banks would require access to it.

Consumer 68

Consumer Card Issuer Accounts Online and Mobile Banking 68

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024. billion by 2024.

Blocks 106

Blocks Identity Theft ATM Online and Mobile Banking 106

PYMNTS

OCTOBER 15, 2018

In a new report from SCORE , researchers revealed just how large of a target small businesses are for cybercriminals, deploying a range of technologies to carry out their crimes — 43 percent of cyberattacks targeted SMBs last year. Researchers advised small business owners to not download any email attachments from an unnamed address.

Ransomware 77

Ransomware Online and Mobile Banking Small Business Scams 77

PYMNTS

NOVEMBER 3, 2020

This puts merchants today in an intriguing position when it comes to fostering trust with consumers to keep them engaged, especially given the continued global development of open banking regulations. It also details how open banking’s expansion can help businesses build trust with new or existing customers seeking more secure ways to shop.

Rules 77

Rules Consumer Privacy Online and Mobile Banking 77

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Around The Digital Banking World. How Banks Are Weaponizing Data To Fight Fraud.

FS-ISAC 71

FS-ISAC Online and Mobile Banking Payee On-Demand 71

Stax

DECEMBER 12, 2024

They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. Merchant services are comprehensive solutionstools, systems, and supportthat allow businesses to process in-person and online payments. custom software for a particular industry or market).

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity. Mobile payments are much more secure than cash and checks.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

PYMNTS

MAY 20, 2020

Brick-and-mortar presence used to give credit unions (CUs) a competitive edge over digital-only challenger banks. PYMNTS research shows that 41.5 percent of CU members believe that being unable to visit branch locations represents one way in which using challenger banks would make their banking experiences worse.

Credit Union 60

Credit Union Online and Mobile Banking Innovation PayPal 60

PYMNTS

JUNE 12, 2020

FBI Issues Warning To Bank Mobile App Users. As the use of mobile banking apps surges due to the limited access to banks amid the COVID-19 pandemic, the FBI is warning users to beware of cyberattacks. New Report: How Fake Reviews Hurt Restaurants’ Mobile Ordering Volumes.

FBI 52

FBI Online and Mobile Banking Federal Reserve Volume 52

CB Insights

JANUARY 23, 2020

Download the free report for all the details. The majority of US consumers already prefer to pay their bills online, either through bank websites or directly through the biller’s site. Looking toward the future, consumers could soon pay their bills in smaller, more frequent installments through popular mobile payment apps.

Payments 43

Payments Mobile Payments FinTech Research 43

The Fintech Times

APRIL 3, 2024

Whether it be retailers, ride-hailing apps, super-apps, or other non-bank service providers, embedded finance appears to be making its way into every sub-sector. According to recent the latest Juniper Research report , the global embedded finance market currently boasts a total transaction value of around $92billion.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

PYMNTS

JANUARY 18, 2019

Now, though, mobile and other forms of digital payments are making inroads into penitentiaries around the world. There, all types of consumers are, of course, tightly tied to mobile ecosystems such as WeChat and Alipay , as PYMNTS has documented. The use of cash in that country is, in fact, on the path to obsolescence.

Mobile Payments 63

Mobile Payments Payments Online and Mobile Banking Digital Payments 63

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

JUNE 21, 2017

And thanks to new banking solutions, consumers are gaining new insights into their spending habits and how their daily decisions can make an impact on social and environmental issues near and dear to their hearts. Sustainability, as it turns out, is power. Building smarter, more informed consumers. In the U.K.,

Consumer 52

Consumer Online and Mobile Banking Debit Card Crime 52

PYMNTS

OCTOBER 8, 2020

During mobile app sign-up, we verify details with 2FA using text messaging and email verification,” Wuerch said. “We We have bank-level encryption to ensure information is safe and secure. We put bank-level security around every one of our consumers and their data.” . Tailoring Security To Shifting Shopping Channels .

Verification 83

Verification Multifactor Authentication Authentication Online and Mobile Banking 83

PYMNTS

APRIL 21, 2016

As the world goes increasingly digital, banks are struggling to decide how they should package their digital service offerings. Should they fold digital banking services into their existing traditional brick-and-mortar accounts, or spin them off into stand-alone, digital-only entities? What’s a traditional bank to do?

Online and Mobile Banking 44

Online and Mobile Banking Mobile Banking Consumer AI 44

PYMNTS

JULY 20, 2017

New players on the digital banking scene are hoping to change the game by looking to industries that are categorically unlike banks for inspiration. Over the past few years, dozens of so-called digital-only “challenger” banks have emerged on the financial scene, ready to compete with larger more traditional banks.

Online and Mobile Banking 51

Online and Mobile Banking Non-Bank Consumer Technology 51

PYMNTS

JUNE 26, 2018

Digital banking offerings might not be new in countries like the U.S. In the June edition of the Digital Banking Tracker , PYMNTS explores the latest digital developments in the banking world — and the roadblocks standing in the way of widespread tech adoption. Around The Digital Banking World .

AI 51

AI Online and Mobile Banking Treasury Management Treasury 51

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

PYMNTS

NOVEMBER 26, 2019

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Bank Branch Closings Take Toll On Rural Communities. The push scams work similarly and ask people to sign up for subscriptions that they don’t want or download software with unwanted consequences.

Online and Mobile Banking 52

Online and Mobile Banking Federal Reserve Push-to-Card NOV 52

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

PYMNTS

OCTOBER 27, 2016

By collaborating, the banks can now offer customers fraud prevention and loyalty programs with an eye toward reducing costs and providing a certain level of customization. Jumio’s Netverify solution is aimed at helping with digital verification and facial recognition using Jumio’s online portals.

Payments 77

Payments Online and Mobile Banking EMV Fraud Prevention 77

CB Insights

JULY 19, 2017

With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. HP Labs is an award-winning research facility focusing on technologies like natural language detection, audio/video analytics, immersive experiences, 3D printing, and more.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

DECEMBER 6, 2016

They can help consumers bank easier, ship and track gifts quicker, plan a vacation with less stress and even talk to those who have passed away. It also links customers to an online supermarket where they can then click through to purchase all those “bot-selected” ingredients. Now, chatbots can even help plan a party.

Bots 78

Bots Online and Mobile Banking AI Use Case 78

CB Insights

DECEMBER 14, 2018

In September 2017, Square invested in Eventbrite, the online event management and ticketing service. . Square now processes all payments for the company, but ultimately it aims to provide event creators a single platform for accepting online, mobile, and in-person payments. get the 24-page square teardown report.

Online and Mobile Banking 49

Online and Mobile Banking Payments Strategy Automation Transactions 49

Fintech Finance

MARCH 26, 2024

Boku , the global network for localised payment solutions, has released a global research report entitled ‘ 2024 Global Ecommerce Report: The Changing World of Payments ’ – an in-depth analysis of payment preferences and purchasing behaviours of consumers across the globe.

Consumer 52

Consumer Payments Online and Mobile Banking Research 52

PYMNTS

JULY 13, 2016

Is it possible that a bank may someday be referred to as “beloved?” ” Mobile apps like Uber and Airbnb have changed the way mobile-centric users do practically everything, from getting a ride to finding a place to stay on vacation. Around the Digital Banking world. Then he took it slightly further. “I

Online and Mobile Banking 42

Online and Mobile Banking Credit Union Debit Card Contactless Payments 42

PYMNTS

NOVEMBER 7, 2016

“In Poland, it’s fair to say that cash is still king,” stated Joanna Erdman, director of core service and non-banking products at mBank, one of the largest banks in Poland. PYMNTS.com research shows that Polish consumers are being lured away from cash by new digital forms of payment. Cash’s volatile reign.

Online and Mobile Banking 60

Online and Mobile Banking Debit Card ATM Research 60