PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

Cardfellow

OCTOBER 26, 2022

Available payment channels include: Ecommerce with QuickClick shopping carts Mail and Phone Payments Brick and Mortar Terminals As necessary, you can also add on mobile payments, electronic check processing, electronic invoicing, and a card vault to securely store customers’ card details for future payments.

Online and Mobile Banking 52

Online and Mobile Banking Gateways EMV Checks 52

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Payment Savvy

JULY 3, 2024

When a customer uses their debit card to make a purchase, the funds are directly withdrawn from their checking account, as opposed to credit card transactions where the funds are borrowed from the issuing bank. Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions.

Debit Card 52

Debit Card Process PCI DSS Processors 52

PYMNTS

OCTOBER 25, 2016

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He said that biometrics could have the potential to remove the need for usernames and passwords, much the way EMV is intended to eliminate the need for cardholders to enter debit card PINs.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

Payments Source

JANUARY 2, 2017

The EMV migration, online marketplaces and e-banking are giving crooks lots of places to commit fraud. Security strategy has to be more dynamic to keep up.

EMV 105

EMV Payments Security ISOs 105

PYMNTS

JUNE 30, 2016

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Here’s what you may have missed this month from some of the top mobile pay players. And it’s got one major goal with this mobile payments play: loyalty.

Online and Mobile Banking 41

Online and Mobile Banking Mobile Payments PayPal Visa 41

PYMNTS

OCTOBER 20, 2016

According to Robert Flynn, managing director of Accenture Payments in North America: “Consumers are content to use cash and plastic for their everyday transactions, and while the use of cash is declining overall, it is the most commonly used form of payment – and consumers expect it to remain so in 2020. Three-quarters of U.S.

Payment APIs and Integration 65

Payment APIs and Integration Online and Mobile Banking EMV Chip Cards 65

PYMNTS

AUGUST 1, 2017

and with consistent generation/capture of the QR codes across mobile devices. Conversely, merchants can scan QR codes from individuals’ phones and process payment through the Mastercard network, building off of M/Chip technology, in turn based on EMV infrastructure.

Visa 41

Visa Online and Mobile Banking EMV CHIPS 41

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

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? NFC payments add immense convenience for today’s busy customers. How Do NFC Mobile Payments Work?

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

OCTOBER 24, 2018

Customers can add cash to the card to spend at any merchant, online and offline, where Mastercard is accepted around the world. The companies noted that by issuing Mastercard prepaid cards, Grab’s mobile payments platform, GrabPay , will become the first eWallet from Southeast Asia that is accepted around the world. .

Visa 50

Visa eWallet Online and Mobile Banking Debit Card 50

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. EFT payments are a safe and secure way to send and receive money.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. EFT payments are a safe and secure way to send and receive money.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

Clearly Payments

DECEMBER 5, 2023

The 1970s witnessed the birth of electronic authorization systems, enabling real-time communication between merchants and banks to verify the legitimacy of transactions. The 1980s brought about the widespread adoption of point-of-sale (POS) terminals , making it more convenient for merchants to accept credit card payments.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

Stax

FEBRUARY 28, 2024

When you buy something at a store and insert your chip card into a machine that uses EMV technology, that’s a payment terminal. Previously you would swipe your magstripe card in a payment terminal. Why do merchants need a payment terminal? Why do merchants need a payment terminal?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

SEPTEMBER 17, 2020

The CX must also be speedy and seamless, and for the merchants themselves, digital in a way that helps them make their own “money management” efforts more efficient as they digitize their own banking and accounting activities. The big push had been around transitioning everybody to EMV,” he remarked.

Payment APIs and Integration 101

Payment APIs and Integration Push-to-Card Contactless Payments EMV 101

PYMNTS

FEBRUARY 24, 2018

It seems the secret to being an infamous day — as opposed to achieving the sort of fame commemorated with a holiday and some bank closings — is having both an unmistakably significant event and the talents of a particularly good hypeman. Apple Pay was still new, EMV was not yet a thing in the U.S. That’s okay.

Online and Mobile Banking 41

Online and Mobile Banking EMV Mobile Payments Credential 41

PYMNTS

MAY 25, 2017

Updated online systems to reduce paperwork? In recent weeks, companies have rolled out several different types of Payments-as-a-Service (PaaS) solutions that are designed to help both online and brick-and-mortar merchants. News from the Payments-as-a-Service Landscape.

Online and Mobile Banking 49

Online and Mobile Banking Payments Checks EMV 49

PYMNTS

MAY 30, 2016

Are SMBs Ready For EMV? We talk to nearly 700 SMBs every quarter to get their views on payments and technology adoption. What we learn is that familiarity does not always breed contempt — checks are still a well-trodden way to make a payment — but that new technologies are starting to make some headway. Digital Banking.

Online and Mobile Banking 41

Online and Mobile Banking Demand Deposit Account (DDA) EMV Cross-Border 41

PYMNTS

OCTOBER 21, 2019

As Nan Siler, head of payment and financial operations at Kabbage, noted, it’s been a pretty wild ride, thus far. We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

PYMNTS

JUNE 27, 2016

At launch, the service was positioned as an innovative replacement for a well-entrenched standard considered not well-suited for a mobile and digital world. People who haven’t tried Apple Pay say they’re satisfied with what they’re using today – which in the day and age of EMV chip cards and dipping and waiting, is, frankly, surprising.

EMV 66

EMV Online and Mobile Banking Checks Consumer 66

PYMNTS

JULY 10, 2017

Visa’s push into mobile payments continues when late last month it announced its strategic investment in Klarna, the 12-year-old, Sweden-based startup focused on payments and POS financing that counts 70,000 eCommerce sites among its 65 to 70 million customer roster throughout 18 countries. as a market entered as late as 2015.

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card API Use Case 40

PYMNTS

JUNE 1, 2017

It is, of course, obvious that the internet has changed how the world gets its information and conducts its commerce, but the specters of fraud and data breaches are keeping the latter from reaching its true potential online. dollar payments via mobile phone versus, say, a cash card from Walmart or some of the other retailers.” . “You

Online and Mobile Banking 44

Online and Mobile Banking Payments Federal Reserve Breach 44

PYMNTS

AUGUST 16, 2019

He bought his album online, The next day, the following headline ran in The New York Times — Attention Shoppers: The Internet Is Open. . In 2018 alone, global online retail sales came out at $2.8 The game-changer in eCommerce was really mobile — because it created consumers that were always on and always accessible.

Online and Mobile Banking 64

Online and Mobile Banking Push-to-Card EMV Transactions 64

Fintech Labs Insights

APRIL 13, 2016

Online & offline real estate broker. Mobile payment platform for restuarants. Tags:Consumer, merchants, payments, POS, acquiring, debit/credit cards, mobile. Online stock trading game. Online payment platform. Proxy banking & payments services for cash businesses.

Online and Mobile Banking 20

Online and Mobile Banking FinTech Advisors Underwriting 20

Stax

SEPTEMBER 12, 2024

Cash is no longer having its moment; card payments are in. From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. Learn More What’s a Payment Terminal? As long as you have a phone or WiFi connection, you’ll be able to accept and process payments with a mobile POS.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking Credit Cards Processors 88

PYMNTS

JUNE 20, 2016

At the start of the year, I wrote a piece that outlined six trends that I suggested would set the agenda for payments innovation and commerce reinvention in 2016. That, I suggested, would give everyone a blank slate to think cleverly and creatively about how to use software, apps and data to add value to the payments and commerce steam.

Online and Mobile Banking 47

Online and Mobile Banking Payments Credential Faster Payments 47

PYMNTS

OCTOBER 20, 2018

If we had a nickel for every mobile wallet that had come and gone in that time period, we would at this point be larger than The New York Times. But then, we had a feeling that something like this might be about to happen in a world suddenly able to be online and on the go at all times – it’s why we were founded in 2009. True in 2009.

Online and Mobile Banking 71

Online and Mobile Banking Innovation Credit Cards PayPal 71

Fintech Labs Insights

JANUARY 8, 2016

December: Introduces bank account deposits using POLi online payment service. ebankIT : demoed its omnichannel and social banking solution that maximizes interaction between FIs and their clients. May: Begins powering mobile app for Millennium Bank in Poland. September: Launches in Mandarin.

Online and Mobile Banking 18

Online and Mobile Banking MSPS Mobile Banking Innovation 18

PYMNTS

APRIL 17, 2017

In 2014, Starbucks stopped accepting Square’s mobile wallet, and shortly thereafter, Square pulled the plug entirely on that mobile wallet experiment. Anyone with a debit card can send up to $2,500 a week for free to anyone else with a debit account and, more recently, a bank account for a 1 percent fee. In the U.S.,

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

MARCH 10, 2016

It may not be the year of mobile payments — yet — but it is certainly the year mobile payments players are laying the groundwork for what they know is inevitable. This week, PYMNTS dug into the week of mobile pay news to bring you the latest from the ecosystem. Early Warning Boosts Big Banks’ P2P Power.

Online and Mobile Banking 41

Online and Mobile Banking EMV P2P Mobile Deposit 41

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

PYMNTS

MAY 23, 2016

Creating certainty for the consumer when using mobile payments. The certainty that comes with creating a thick market of merchants and consumers and accounts that work across any mobile device that they happen to own, and can use at the places they routinely shop. I don’t think consumers even want a mobile wallet.

Mobile Payments 47

Mobile Payments Online and Mobile Banking PayPal Payments 47

PYMNTS

JUNE 16, 2016

The second full week of June brought a flurry of news from many of the “majors” in the mobile payments ecosystem. Singapore is on just about everyone’s hit list given its attractive population and environment for mobile payments. It’s been a busy week for Samsung’s mobile team.

Online and Mobile Banking 40

Online and Mobile Banking Mobile Payments Visa Credit Cards 40

PayHawk

APRIL 18, 2023

Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts. B Bank Identification Number (BIN) The first six digits of a payment card number that identify the card issuer. C Card Association A network of financial institutions that oversee payment card transactions.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

PYMNTS

JANUARY 2, 2017

It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. As the year opened, our inaugural Faster Payments Tracker™ looked at the looming arrival of the new Same Day ACH. DIGITAL BANKING TRACKER.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49