PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. As Eric Starks , president and CEO of FTR, was quoted as saying, high demand and low inventories “put pressure on the movement of goods.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

JANUARY 1, 2020

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. That connected economy will be the result of the full force of the Internet of Things (IoT) in action. The last 10 years in payments and commerce have given us millions of dots to connect.

Economy 69

Economy Online and Mobile Banking Credential Push-to-Card 69

Fintech News

OCTOBER 21, 2024

Indonesia and the Philippines lead in e-wallet usage, with 92% and 87% of respondents, respectively, using the payment method, especially QR payments and mobile payment apps. The Digital Payments Transformation Roadmap (DPTR) , introduced in 2020, aims to convert at least 50% of all retail payment transactions into digital form by 2023.

Financial Inclusion 79

Financial Inclusion Embedded Finance Payments Push-to-Card 79

PYMNTS

MARCH 21, 2016

What’s the biggest obstacle facing the on-demand delivery economy? However, what if the lack of control and oversight the industry has over its nebulously categorized workers might instead pose the biggest threat to the on-demand economy’s explosive growth? Moreover, it appears that Ele.me

On-Demand 40

On-Demand Push-to-Card Economy Legal 40

PYMNTS

MAY 8, 2020

Square’s Q1 ended with slowing gross payment volumes , pushed by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. There was some upside to Square’s earnings report — the surging popularity of Cash App pushed by stimulus payment deposits.

Economy 75

Economy PayPal Payments Push-to-Card 75

PYMNTS

NOVEMBER 1, 2018

Before CEO Toffer Grant founded PEX , he worked in the world of prepaid cards (gift cards in particular), where Christmas was the biggest challenge of every year. Gift card use would faithfully and intensely spike around Christmas, only to settle back to a more typical baseline six to eight weeks after the “event.”.

Economy 72

Economy Innovation Push-to-Card Payment APIs and Integration 72

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.

Contactless Payments 115

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

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Here are some of the most important connected-economy IPOs expected in 2021, listed in order of either their last publicly estimated or confirmed valuation or published reports indicating what a company expects its value at IPO to be: Instacart ($30 Billion) .

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. According to a recent McKinsey report, the Insurtech industry already contributes £5 billion and 60,000 jobs to the UK economy.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

PYMNTS

OCTOBER 14, 2019

It was not uncommon for drivers to have to fork over as much as a third of their wages to the taxi company, as well as payment to lease the taxi and an additional 10 percent for any fares put on a credit card. As independent contractors, drivers also have no benefits. Turning a Blind Eye.

Economy 71

Economy On-Demand Regulations Push-to-Card 71

PYMNTS

MARCH 28, 2019

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. Today Visa , with Visa Direct , has added another use case for push payments — this time on a global scale. Visa Direct is the card network’s instant push payments platform.

P2P 87

P2P Cross-Border Push-to-Card Debit Card 87

The Fintech Times

APRIL 8, 2024

The collaboration comes at a crucial time for Nigeria, which is actively promoting a cashless economy, focusing on streamlined transactions and simplified auditing processes. The Middle East and Africa (MEA) has emerged as a region that is no stranger to innovation.

Financial Inclusion 69

Financial Inclusion Point-of-Sale (POS) Settlement Addressing 69

PYMNTS

JANUARY 11, 2021

Those workers, according to reports, are demanding many things — hazard pay, better and more thorough cleaning in stores, more readily available PPE supplies and more access to the COVID-19 vaccine. And while unions are actively advocating for their members, increasing employers are joining in the push. But on Monday (Jan.

Economy 61

Economy IRS Push-to-Card Debit Card 61

Fintech Finance

AUGUST 29, 2024

The Mastercard Payment Passkey Service is a game changer for online commerce: Shoppers choose their Mastercard when checking out as a guest or select a card already stored securely on file with a merchant. With payment passkeys, consumers can say goodbye to the hassle of forgetting or accidentally sharing their passwords or OTPs.

Visa 105

Visa Security Authentication Payments 105

PYMNTS

NOVEMBER 30, 2020

It’s never a good sign when, during a pandemic, the expert opinion on the ground is that the U.S. is currently in the process of “rounding the corner into a calamity.” The number of COVID-19 patients in U.S. hospitals reached record levels on Saturday evening (Nov. But will people take it when it arrives?

Economy 64

Economy NOV Push-to-Card On-Demand 64

The Fintech Times

SEPTEMBER 25, 2024

While 134 countries and currency unions, representing 98 per cent of global GDP, are currently exploring a central bank digital currency (CBDC), the Bank of Canada has revealed it is officially putting efforts to introduce a digital version of the Canadian dollar on pause. Since 2020, interest in CBDC potential across the globe has skyrocketed.

CBDC 75

CBDC Digital Currency Central Bank Privacy 75

Fintech Finance

APRIL 8, 2024

The collaboration comes at a crucial time for Nigeria, which is actively promoting a cashless economy, focusing on streamlined transactions and simplified auditing processes. With approximately 100 million MSMEs in Africa and 42 million in Nigeria alone, consumer payments on the continent are projected to exceed $2.1 trillion by 2025.

Financial Inclusion 52

Financial Inclusion Point-of-Sale (POS) Settlement Addressing 52

PYMNTS

JANUARY 18, 2021

The pandemic is causing fluctuations in the global economy, and supply and demand shifts are causing many businesses to face liquidity stresses and limited credit access. Such touchless payment options are being used alongside traditional ones like credit cards and checks.

Treasury 127

Treasury API Best Practices Risk 127

PYMNTS

OCTOBER 16, 2020

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. With gig-economy participation rising and U.S. With gig-economy participation rising and U.S. 15) following the partnership’s announcement.

Visa 116

Visa Economy Push-to-Card Enrollments 116

PYMNTS

JUNE 20, 2019

On-demand wage service provider FlexWage has announced it is working with Fiserv to power disbursements to employees using its service. Their collaboration means users of the FlexWage branded card can send wages directly to checking accounts when they choose.

Push-to-Card 40

Push-to-Card On-Demand Debit Card Checks 40

PYMNTS

MARCH 7, 2019

The gig economy has changed — and is still changing — when we work, how we work and, of course, how we get paid. Readers of this space may recall some stats at the end of last year, where the PYMNTS Gig Economy Index found that as many as one-third of workers in the U.S. have had a problem getting paid at times.

Payroll 80

Payroll Push-to-Card Debit Card Economy 80

PYMNTS

JANUARY 13, 2021

India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid the ongoing COVID-19 pandemic. “We It also provides lending services such as merchant cash loans, personal loans, and credit cards.

Push-to-Card 62

Push-to-Card Credit Cards On-Demand Contactless Payments 62

PYMNTS

MARCH 2, 2020

The rise of the gig economy, heightened customer demands, and business globalization have all introduced new ways that businesses can use outgoing payments as a strategy for growth, profit and customer loyalty. But supplier payments are far from the only scenario in which businesses face friction when initiating a transaction.

B2C 60

B2C Payments Push-to-Card On-Demand 60

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. For instance, the global payment processing market is estimated to reach a monumental $587.78 As of 2023, there were over 4.5

Payments 83

Payments BNPL Value Added Service Payment Gateways 83

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space. Opening Access To Capital.

Commercial Card 56

Commercial Card Small Business Credit Cards Push-to-Card 56

Fintech Finance

DECEMBER 13, 2023

It will be able to deliver localized and cross-border money transfer services, alongside supporting merchant acquisition services to an eager and increasingly demanding universe of local and international merchants conducting business within this marketplace. million in 2023, and the annual value of card transactions estimated to exceed $107.3

Payments Institute 52

Payments Institute APACS Cross-Border Push-to-Card 52

PYMNTS

FEBRUARY 27, 2019

The “glass half full” look at that score, Edwards observed, is that there’s a lot of room for improvement in a world where consumer expectations for access can be summed up in two words: on demand. But data shows that what consumers increasingly do want is money pushed to them via the alias known as the debit card.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

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. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.

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. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

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.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

PYMNTS

JULY 14, 2020

Those declines were pushed largely by JPMC’s hard-hit consumer banking segment, where revenue fell 26 percent to $5.1 Those declines were pushed largely by JPMC’s hard-hit consumer banking segment, where revenue fell 26 percent to $5.1 Card sales volumes are down, but have been consistently trending upward since April,” Dimon said. “We

Volume 65

Volume Credit Cards Non-Bank Push-to-Card 65

PYMNTS

MAY 31, 2018

It’s been three years since Mastercard started its Send offering for card-based push payments. Shari Krikorian, senior vice president at Mastercard Worldwide , told PYMNTS that Send started out with a consumer focus, powering person-to-person (P2P) push payments. One key area that wasn’t on the road map three years ago?

P2P 49

P2P Visa B2B Push-to-Card 49

FICO

DECEMBER 10, 2020

These and other milestones have come to pass, pushing enterprise-scale AI solidly into the “early adoption” phase, as defined by “Chasm” author Geoffrey Moore. Last year I predicted that artificial intelligence (AI) would grow up , with major infrastructure developing around Responsible AI , AI advocacy and AI governance.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

PYMNTS

NOVEMBER 26, 2019

Kaspersky: Fake Push Notifications Have Grown Nearly 70 Pct In 2019. The push scams work similarly and ask people to sign up for subscriptions that they don’t want or download software with unwanted consequences. Lessons From Airbnb On Solving The Sharing Economy Trust Issue. Bank Branch Closings Take Toll On Rural Communities.

Online and Mobile Banking 52

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

PYMNTS

JANUARY 1, 2019

The need is widespread, Ingo Money CEO Drew Edwards told Karen Webster in a recent conversation , and the call for faster and instant disbursements has come in loudly from enough corners to dub 2018 as the “Great Awakening” of push payments. Progress Points.

Instant Payments 79

Instant Payments PayPal Payments Economy 79