PYMNTS

JUNE 19, 2020

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. Bank profits in the United States took a 69.6 The newest Cross-Border Merchant Friction Index explores which checkout features international online shopping retailers can prioritize when they design their checkouts. The profits just hit $18.5

Cross-Border 60

Cross-Border P2P Online and Mobile Banking Cross-Border Payments 60

CB Insights

JUNE 5, 2018

Payments systems vary across the globe, from cash-based economies to those driven by credit. In Kenya, anyone with a mobile phone — smartphone or not — can use M-Pesa to send money, pay for things, and access credit. Instead, they provide cash to any one of thousands of independent cashiers to top up their mobile wallets.

Online and Mobile Banking 68

Online and Mobile Banking Debit Card Credit Cards Payment Gateways 68

PYMNTS

OCTOBER 12, 2018

For 73 percent of Americans, participating in the digital economy is as easy as securing internet access and entering their relevant credit, debit or bank account numbers with the merchants and service providers they want to buy from and setting up their mobile banking app. But, he noted, on its own, it isn’t enough.

PayPal 63

PayPal Online and Mobile Banking Visa Financial Inclusion 63

PYMNTS

MARCH 30, 2020

government’s $2 trillion stimulus package allows a number of entities — FDIC banks, credit unions and, most notably for this discussion, FinTechs such as Kabbage — to make loans to smaller firms. The urgency, and speed, of Kabbage’s situation comes even as the U.S.

FDIC 60

FDIC Credit Union Small Business Underwriting 60

PYMNTS

OCTOBER 26, 2018

Wearables also got a B2B showcase this week, with Samsung and HSBC rolling out S3 gear at the bank’s flagship Fifth Avenue location. And though they shop in stores the majority of the time (with a strong online shopping presence), they are dedicated digital payers – around 28 percent of wearable device owners say they never use cash.

Office of the Comptroller of the Currency 53

Office of the Comptroller of the Currency B2C Online and Mobile Banking P2P 53

PYMNTS

NOVEMBER 20, 2020

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. Officially the regulatory powers that govern banking aren’t on board with this switch.

Office of the Comptroller of the Currency 88

Office of the Comptroller of the Currency Online and Mobile Banking OCC Federal Reserve 88

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech Labs Insights

FEBRUARY 13, 2025

Everyone loves a startup ( aka challenger bank ), especially when they have a compelling story. However, when it comes to trusting someone with your money, many small business owners prefer to deal with companies embedded in the local economy, even if it means not getting the latest online banking features or the best interest rate.

Small Business 15

Small Business Credit Cards Federal Reserve Online and Mobile Banking 15