Clearly Payments

OCTOBER 7, 2024

Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. Consumers quickly embraced mobile wallets and tap-to-pay cards, driven by the desire to minimize physical contact during transactions.

Cross-Border 94

Cross-Border Processors Multi-Currency Contactless Payments 94

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. per cent this year and six per cent next year, according to the Asian Development Bank. million in 2021 to 19.5

Financial Inclusion 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

Fintech News

SEPTEMBER 10, 2024

Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). Project Nexus , for example, is led by the Bank for International Settlements (BIS) and aims to create a blueprint for connecting national instant payment systems to enable seamless cross-border payments.

Cross-Border Payments 106

Cross-Border Payments Cross-Border APACS Interoperability 106

The Fintech Times

JULY 24, 2024

Nicky Senyard, CEO and founder of Fintel Connect “Developing countries are actually great places for new ideas because they often don’t have traditional banks. This shift has led to a bunch of great advancements in mobile banking and money apps, making it possible for financial services to reach even the most remote areas.

Finance 59

Finance Micro-Entry Online and Mobile Banking Financial Inclusion 59

Fintech Finance

MAY 9, 2024

This revolutionary service provides over 5 million Lebanese citizens with the ability to manage their payments securely and transparently for local and international purchases without needing a bank account. Through Wink Pay, we can simplify and digitize customer onboarding, as well as facilitate online payments.

Payment APIs and Integration 97

Payment APIs and Integration Technology Online and Mobile Banking API 97

PYMNTS

JANUARY 13, 2017

12) the national launch of a mobile payments bank, which, according to a report , is India’s first one. According to the report, Airtel is taking advantage of a big push by the Indian government to accelerate financial inclusion and bring more competition to the market by issuing payment bank licenses.

Mobile Payments 40

Mobile Payments Online and Mobile Banking Push-to-Card Financial Inclusion 40

Payment Savvy

SEPTEMBER 5, 2024

The following post will define fintech, discuss the types of companies involved, and comment on how this new industry fundamentally changes the face of banking, investment, and doing business. This has come to mean everything from banking and insurance to investments. .” But what is fintech? What Does Fintech Mean?

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cryptocurrency 52

The Fintech Times

FEBRUARY 29, 2024

Jeremy Baber, CEO of Lanistar “Established markets are dominated by traditional banking meaning the opportunities for newer fintechs to deliver significant change are much more restricted. . “Brazil, for example, has been the site of the development and roll-out of bank transfer methods such as PIX and QR-code-driven payments.

Payments Trends 59

Payments Trends Online and Mobile Banking Payments Push-to-Card 59

PYMNTS

FEBRUARY 8, 2018

challenger bank Coconut, which launched only weeks ago to provide banking services for freelancers, has landed a new partner. 7) said PrePay Solutions (PPS) is working with the company to provide Coconut its banking infrastructure and prepaid card technology. Reports Wednesday (Feb.

Underserved 43

Underserved Online and Mobile Banking Small Business Economy 43

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. billion ($1.1 Grab + Singtel .

Online and Mobile Banking 52

Online and Mobile Banking Underserved Financial Literacy Authorization 52

The Fintech Times

JULY 16, 2024

The terms ethical finance and ethical banking often go hand in hand with climate awareness and focusing on net zero. Platforms like Kiva facilitate microloans to entrepreneurs in developing countries, often those who lack access to traditional banking services. However, they are not restricted to the climate.

FinTech 75

FinTech Financial Literacy Online and Mobile Banking P2P 75

Clearly Payments

FEBRUARY 12, 2024

This article aims to explore the impact that Visa and Mastercard has on the payment industry, examining their influence on innovation, regulation, consumer behavior, and the broader economy. Bank of America launched the BankAmericard in 1958, widely considered the first credit card available to consumers, which eventually evolved into Visa.

Visa 90

Visa Payments Payment Networks Online and Mobile Banking 90

Fintech News

FEBRUARY 20, 2024

With a rapidly growing economy and a tech-savvy population, Indonesia has become a hotbed for fintech innovation and startups, peering into the most well-funded fintech startups in ASEAN’s largest country can provide hints on what verticals investors are most bullish on in this region. billion to US$15 billion during the period.

FinTech 120

FinTech Payment APIs and Integration Online and Mobile Banking Security 120

Fintech News

MARCH 6, 2024

Prior to Airwallex, Liu worked as an investment consultant for banking firm China International Capital Corporation (CICC) in Shanghai. The startup targets underserved markets in the insurance space, such as the poor, students and startups. At Airwallex, Liu is responsible for the company’s branding and operations.

APACS 115

APACS FinTech Online and Mobile Banking Multi-Currency 115

Faster Payments Council

MARCH 15, 2023

Some banks may not be able to connect to both. The panel will explore some of these initiatives including the New York Fed's CBDC pilot program with major banks, the recently concluded Boston Fed's Project Hamilton and other global CBDC projects. 100B/yr US alone – sticky, underserved, corporate/gov't load (no consumer).

FPC 88

FPC ISO 20022 Cross-Border Payments Cross-Border 88

The Fintech Times

FEBRUARY 19, 2024

Digital and mobile payments have become the predominant payment methods, leading many to believe that cash is on the verge of extinction. The transition to a cashless society is propelled by a convergence of technological innovation, changing consumer demands, and a quest for enhanced financial efficiency.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59

PYMNTS

JUNE 3, 2016

SMEs aren’t getting the banking services that fit their needs now that they’re demanding online and mobile solutions, however. “Banks have a window right now to take advantage of that.” “Banks have a window right now to take advantage of that.”

Online and Mobile Banking 42

Online and Mobile Banking Small Business Wire Transfer Value Added Service 42

PYMNTS

SEPTEMBER 4, 2020

At a high level, SoftPOS – short for software point of sale – lets merchants take contactless payments across their own mobile devices and tablets. And retailers across any range of settings are finding value in offering buy online, pickup in store ( BOPIS ) offerings.

Contactless Payments 95

Contactless Payments Online and Mobile Banking Push-to-Card Underserved 95

PYMNTS

JUNE 20, 2018

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. They make the engine run,” said Mike Butler, CEO of community FI Radius Bank. “We tend to overthink it.”

Micro-Entry 40

Micro-Entry Small Business Community Banks Online and Mobile Banking 40

PYMNTS

FEBRUARY 11, 2020

To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. As Choubey told Webster, the FinTech traces its roots to providing financial access to 90 million Americans.

Visa 61

Visa Consumer Financial Inclusion Underserved 61

PYMNTS

AUGUST 6, 2019

The same survey also found that 53 percent of workers were interested in using mobile apps to access information related to their retirement plans. Digital pensions and innovation worldwide . Several retirement solution providers are looking to mobile apps and online tools in countries where auto-enrollment is prevalent.

Instant Payments 43

Instant Payments Online and Mobile Banking Enrollments Payments 43

FICO

SEPTEMBER 28, 2017

These “credit invisibles” don’t have credit cards, bank accounts or credit history — so how can a lender assess their risk? The EFL score uses psychometrics and behavioral data to measure a person’s credit risk based on an applicant’s answers to a series of interactive questions and exercises administered via an online assessment.

Credit Risk 74

Credit Risk Assessments Online and Mobile Banking Risk 74

CB Insights

AUGUST 26, 2021

SoftBank has backed a slew of edtech startups in 2021, from AI tutor Riiid to online education platform Unacademy to employee upskilling company Go1. . Digital banking. The digital banking space has grown increasingly stratified in recent years as more challengers banks emerge to target different groups and needs. .

Online and Mobile Banking 94

Online and Mobile Banking Participant AI Automation 94

Fintech Labs Insights

MAY 13, 2015

But after two days of great demonstrations of the latest in fintech innovation from companies near and far, the votes are in, and we want to be among the first to congratulate those startups and industry veterans whose technologies wowed our record-setting crowd at the City National Civic in San Jose this week.

MSPS 33

MSPS Online and Mobile Banking ISOs Underserved 33

PYMNTS

APRIL 8, 2020

We no longer can attain goods or services through any other means other than online,” he said. “I With well-established digital identities, he noted, the already-there consumers had crossed the first bridge to an online experience that was both secure and seamless. Those digital interactions, that has now become a must-have.

Verification 61

Verification Security Underserved Consumer 61

PYMNTS

JUNE 22, 2016

The rise of technology has given rise to online networks, which of course has given rise to individuals sharing all manner of information, from selfies to more serious fodder. Within the digital community across B2B, said Williams, such data shared most effectively, vis real-time processes, is “underserved.” Consumerization.

B2B 40

B2B Payments Online and Mobile Banking Checks 40

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 130

FinTech Online and Mobile Banking Multi-Currency Non-Bank 130

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. December: Mentioned in KPMG’s H2 Ventures Fintech 100 report as one of the 50 Global Fintech Innovators to watch.

Online and Mobile Banking 18

Online and Mobile Banking MSPS Mobile Banking Innovation 18

The Fintech Times

JULY 28, 2024

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. “Fintechs working to bridge this gap should focus on developing a superior user experience within the online platform and mobile channel.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

Fintech Labs Insights

APRIL 14, 2016

May 2015 demo : Alpha Payments Cloud showed AlphaHub , its omni-channel solution access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world. October 2015: Partnered with Macquarie Business Banking. December 2015: Offered quick login on mobile. HQ: Singapore. Founded: 2012.

Online and Mobile Banking 16

Online and Mobile Banking MSPS ISOs Underserved 16

The Fintech Times

MAY 7, 2024

Federico Balige, LatAm CEO of PayU GPO PayU GPO stands at the forefront of online payment services across more than 50 high-growth markets, including Latin America, Africa, and Eastern Europe. In the fast-paced e-commerce landscape of Latin America, PayU GPO has emerged as a vital partner for businesses aiming to succeed online.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

PYMNTS

MARCH 28, 2016

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. In fact, my bank loses the use of those funds the minute that the check is presented, regardless of when Bryan uses the money.

Faster Payments 48

Faster Payments Checks Payments Fed 48

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

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% 1 SafeGold (India) SafeGold operates a digital gold platform, allowing customers to buy, sell, gift, and redeem gold online. 2 Alami Sharia (Indonesia) Alami Sharia specialises in Sharia-compliant peer-to-peer lending.

FinTech 102

FinTech APACS Payment APIs and Integration Multi-Currency 102

PYMNTS

NOVEMBER 18, 2019

Smart, too, because instead of trying to be the bank, Google is leveraging the brand name, banking infrastructure and reputation for trust and stability of two banks, one of which is among the world’s largest global financial institutions, to acquire new users for that product and for Google Pay.

Credential 70

Credential Credit Union PayPal Online and Mobile Banking 70

Nanonets

FEBRUARY 7, 2024

Quickbooks Online QuickBooks Online tends to be the “go-to” name in AP automation across a wide field of BILL competitors, mostly by virtue of its size and overall brand penetration across a range of finance and accounting functions. This tier allows up to ten users.

Payment APIs and Integration 52

Payment APIs and Integration Automation Online and Mobile Banking Accounts 52