Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 130

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 130

PYMNTS

AUGUST 31, 2020

The future of real-time payments is tied closely to cloud banking, and as more FIs migrate in that direction, the manifold benefits of real-time payments are propagating beyond the biggest players. Cloud computing is a key enabler of a faster, frictionless future and a powerful catalyst for innovative new services,” Young said.

Real Time Payments 135

Real Time Payments Online and Mobile Banking Correspondent Bank SWIFT 135

Fintech Finance

OCTOBER 21, 2024

million customers with cards linked to mobile devices, figures that are on the rise, with more than 800 million transactions in the last 12 months. With this, the bank reinforces its position as a benchmark in payment methods in Spain and reaffirms forecasts that point to the growth of mobile phones as means of payment among users.

Mobile Banking 85

Mobile Banking Online and Mobile Banking Credit Cards Agreements 85

Fintech Finance

DECEMBER 9, 2024

Ibanera , a leading digital banking platform, is tapping into the expertise of global financial services provider FIS to launch its prepaid card program. “Our collaboration is a crucial step in our commitment to delivering innovative, secure, and accessible financial solutions. billion U.S. card and money movement transactions.

Innovation 96

Innovation FedWire FedNow Direct Deposit 96

PYMNTS

DECEMBER 31, 2020

percent made purchases via mobile in the last 24 hours. 31 percent bank via app. 56 percent of restaurants with customers who are using mobile order-ahead features more often have experienced increased revenues. Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

Fintech Finance

AUGUST 28, 2024

Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ” Key Report Insights 77% of Americans now prefer to pay their bills digitally, with 26% displaying a preference for mobile over website. .”

Identity Theft 93

Identity Theft Online and Mobile Banking Consumer Payments Trends 93

Fintech Finance

OCTOBER 28, 2024

FV Bank, in partnership with Visa, has today announced at Money20/20 Las Vegas (October 27-30), the launch of FV Bank’s new debit cards and corporate expense cards. “This marks a significant milestone in our commitment to offering innovative and integrated digital banking solutions for both traditional and digital assets.”

Debit Card 134

Debit Card Online and Mobile Banking ATM Card Issuer 134

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. This is leading to a golden age of choice for businesses, who now have access to the cost savings and customer-centric capabilities that a new wave of Open Banking-powered payment products can deliver.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

Finovate

AUGUST 13, 2024

FORUM Credit Union has selected Apiture’s Business Banking solution to enhance its commercial digital banking experience. Digital banking solutions provider Apiture announced today that FORUM Credit Union will use the fintech’s digital banking capabilities to power its commercial digital banking suite.

Credit Union 105

Credit Union Online and Mobile Banking Innovation FinTech 105

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. 5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs. On Monday (Oct.

Online and Mobile Banking 102

Online and Mobile Banking ATM Mobile Banking Credit Union 102

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

Commercial Card 99

Commercial Card Innovation Push-to-Card Credit Cards 99

The Fintech Times

AUGUST 13, 2024

Seamless Africa 2024, set to take place on 16 to 17 October at the Sandton Convention Centre in Johannesburg, will bring together over 6,000 industry professionals, 250 exhibitors as well as 200 speakers to explore advancements in payments, fintech and banking across Africa.

Innovation 64

Innovation FinTech Online and Mobile Banking Central Bank 64

The Fintech Times

MARCH 14, 2024

Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts. The Philippines also has a large, young, and increasingly tech-savvy, population that is more receptive to adopting new innovations. Firstly, the regulatory environment in the Philippines is conducive to fintech innovation.

Online and Mobile Banking 115

Online and Mobile Banking Financial Inclusion Encryption Financial Literacy 115

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

Online and Mobile Banking 108

Online and Mobile Banking eWallet Authorization Returns 108

PYMNTS

DECEMBER 29, 2020

Debit solutions draw on funds consumers already have in their bank accounts, and while this makes them reassuring to debt-wary consumers, it can have implications if these details are snatched by fraudsters. Safeguarding debit card payments is increasingly important, with more consumers shopping online during the pandemic.

Debit Card 121

Debit Card Online and Mobile Banking Scams Card Issuer 121

Clearly Payments

MARCH 22, 2024

In the landscape of commerce, mobile payments have emerged as a disruptive force, altering the way people engage in financial transactions. As technology advances and consumer preferences evolve, the trajectory of mobile payments promises unparalleled convenience, robust security, and seamless integration into our daily lives.

Contactless Payments 100

Contactless Payments Online and Mobile Banking Mobile Payments Payments 100

Fintech News

MAY 28, 2024

The meteoric ascent of Brazilian neobank Nubank has sent shockwaves through the Latin American banking industry. As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking.

APACS 109

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 109

PYMNTS

AUGUST 6, 2020

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Bottomline Rolls Out Open Banking Service. Airwallex Taps Deutsche Bank.

FinTech 110

FinTech Payment APIs and Integration ACH Online and Mobile Banking 110

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 117

Online and Mobile Banking Treasury Non-Bank Finance 117

Fintech News

AUGUST 26, 2024

Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting applications for the virtual banking license. With the deadline looming on the 19th of September 2024, speculations are rife for Thailand’s virtual banking license applicants.

Online and Mobile Banking 107

Online and Mobile Banking Bots Financial Inclusion Underserved 107

Fintech Finance

NOVEMBER 13, 2024

Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai ’s TourCard. The innovation helps enable travelers to add funds to their TourCard digital account with Bank of Shanghai from another source, helping to make the payment experience smoother when settling expenses locally.

Payment Solutions 86

Payment Solutions Online and Mobile Banking SWIFT Payments 86

PYMNTS

DECEMBER 14, 2020

It’s been a busy year in digital banking as the pandemic has driven consumers online to manage as much of their day-to-day lives as possible. When Bank of America Rewards Executive John Sellers glanced at his in-house numbers over the last year, the evidence was plain to see.

Online and Mobile Banking 116

Online and Mobile Banking Product Credit Cards Authentication 116

The Fintech Times

NOVEMBER 5, 2024

UK bank NatWest has partnered with payments giant Mastercard to launch a new mobile virtual card payment solution for business, Approval2Buy with Mobile Virtual Cards. Firms can instantly generate virtual cards for online use, as well as for ‘Tap and Go’ payments via digital wallets.

Visa 69

Visa Online and Mobile Banking End User Instant Payments 69

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

The Fintech Times

MAY 17, 2024

Today we unveiled new card features and digital innovations that will bring consumers into a more customised, convenient and secure future.” This year, new ways to ‘tap’ on a mobile device will become an integral part of the Visa experience. Online payment fraud is seven times higher than in-person payments.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. “Our vision was to create a space that not only inspires innovation but also brings people together,” Roos said.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

Fintech News

JULY 15, 2024

billion) in 2022, according to Thant Mam Hein, assistant manager of sustainability at uab bank. Reports also show that approximately 50% of Myanmar’s adult population had a bank account in 2020, reflecting growth in financial inclusion and creating new opportunities for businesses and individuals. trillion (US$3.8 trillion (US$3.8

FinTech 111

FinTech Online and Mobile Banking Financial Inclusion Payroll 111

The Fintech Times

APRIL 10, 2024

Kueski , the buy now, pay later (BNPL) and online consumer lender in Latin America, has launched an in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024, to offer them the ability to complete transactions through the Kueski mobile app, regardless of internet connection, in physical stores.

Underserved 64

Underserved Mobile Payments BNPL Online and Mobile Banking 64

PYMNTS

JANUARY 21, 2021

The digital trend, she continued, is one that will last and — and one that CUs will have to adopt in order to compete more effectively with banks. Within that strategy lies the importance of embracing a comprehensive mobile offering that will give users a seamless, real-time experience. The Trend Toward Mobile. Data Analytics.

Credit Union 96

Credit Union Online and Mobile Banking Contactless Payments Use Case 96

Fintech Review

JULY 24, 2024

These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. We will explore success stories, the pivotal role of mobile money , and the unique challenges faced. The Role of Mobile Money Mobile money is a cornerstone of fintech in emerging markets.

FinTech 105

FinTech Financial Literacy Online and Mobile Banking Financial Inclusion 105

Fintech Review

NOVEMBER 27, 2024

In many regions, they create jobs, drive innovation, and stimulate local economies. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Fintech Times

JUNE 10, 2024

Users of the UAE-based digital bank, Mbank , will now be able to explore, compare, and purchase car, health, travel, and life insurance products directly from its mobile application following a new partnership with Policybazaar.ae , the online insurance aggregator. Policybazaar.ae

Online and Mobile Banking 111

Online and Mobile Banking Security Innovation FinTech 111

Fintech Finance

JULY 25, 2024

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. 1 ranked mobile app for corporate and commercial banking.1 1 ranked mobile app for corporate and commercial banking.1 It makes life a lot easier.”

Online and Mobile Banking 105

Online and Mobile Banking Payment APIs and Integration Payments Volume 105

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

The Payments Association

NOVEMBER 12, 2024

Quality Engineering is transforming digital banking, enabling seamless innovation, operational continuity, and future-proofing in a rapidly evolving landscape. The global banking industry is currently undergoing widespread change from a regulatory and technology perspective. These large-scale projects are inherently risky.

Online and Mobile Banking 88

Online and Mobile Banking Non-Bank ISO 20022 On-Demand 88

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. The goal was to create virtual channels where members can interact using mobile and online banking, and its improved customer center.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

Fintech News

DECEMBER 15, 2024

For decades, banks have innovated around functionalitystreamlining transactions, expanding access, and introducing digital tools. Techcombank , Vietnams fifth-largest bank in asset size and second-largest private bank, has answered that call with clarity and conviction. But the rules of the game have changed.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Economy Transactions 78