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

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You joined TBC a few years after the bank expanded to Uzbekistan. Why Uzbekistan?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. Card Network: The credit card network sends the transaction details to the issuing bank (the customer’s bank) for authorization.

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Process Processors Online and Mobile Banking Payments 45

Clearly Payments

FEBRUARY 14, 2024

Furthermore, global payment volume reached a staggering $31.7 The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. trillion in payment volume. The global payment gateway market is projected to reach $49.7

Payments 83

Payments BNPL Value Added Service Payment Gateways 83

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

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Between 2019 and 2020, the number of U.S.

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B2B Process B2C Credit Cards 88

Clearly Payments

DECEMBER 3, 2023

In the rapidly evolving world of e-commerce and digital transactions, the choice of a payment gateway is a crucial decision for businesses. A payment gateway serves as the bridge between the customer and the merchant, facilitating secure and seamless transactions. BlueDog: Payment processing solutions (United States).

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Payment Gateways Gateways Payment APIs and Integration PCI DSS 100

Clearly Payments

FEBRUARY 19, 2024

Payment Processing Market in the USA The payment processing market in the United States is a dynamic and rapidly evolving sector that facilitates electronic transactions between merchants and consumers. The US payment processing market boasts an annual value exceeding $2 trillion in 2023. for online shopping.

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Process Digital Currency Online and Mobile Banking Payments 75

National Merchants Association

JUNE 16, 2022

But the explosion of the internet and mobile devices has caused the definition of fintech to morph from backend processes to a range of personal and business finance technologies. You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Gateways Even before eCommerce, payment gateways existed.

FinTech 52

FinTech Online and Mobile Banking Gateways Payment Gateways 52

National Merchants Association

JUNE 16, 2022

But the explosion of the internet and mobile devices has caused the definition of fintech to morph from backend processes to a range of personal and business finance technologies. You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Gateways Even before eCommerce, payment gateways existed.

FinTech 52

FinTech Online and Mobile Banking Gateways P2P 52

National Merchants Association

JUNE 16, 2022

But the explosion of the internet and mobile devices has caused the definition of fintech to morph from backend processes to a range of personal and business finance technologies. You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Gateways Even before eCommerce, payment gateways existed.

FinTech 52

FinTech Online and Mobile Banking Gateways P2P 52

PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark.

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B2B Underserved Wire Transfer Payments 108

Segpay

APRIL 22, 2024

5 minute read Network tokenization is a technology used in the payment industry to enhance the security of digital and mobile payments. Let’s explore how merchants and PSPs benefit from network tokenization and how this innovative technology revolutionizes the payment industry. Apple Pay, Google Pay).

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

PYMNTS

JUNE 30, 2016

MasterCard and Vodafone have secured a new deal that will have MasterCard powering Vodafone Egypt mobile money service, Vodafone Cash. As part of this pair up, MasterCard has moved 2 million Vodafone Cash mobile wallets on its own mobile payments network. This was done in collaboration with the Egyptian Banks Company.

Visa 41

Visa Online and Mobile Banking Payment Gateways Interoperability 41

EBizCharge

AUGUST 12, 2024

Merchant acquirers , also known as acquiring banks, are responsible for setting up and maintaining merchant accounts, allowing businesses to accept payment cards from customers. Card issuers are banks or financial institutions that issue credit cards to consumers. If approved, the merchant completes the sale.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

Ikajo

MARCH 23, 2023

In this article, we will analyze payment switches, how they function, benefits, varieties, suppliers, and future movements. What is a Payment Switch? How Payment Switches Work Payment switches take payment data from various sources and dispatch it to the related financial institutions for processing.

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Process Payments Payment Gateways Gateways 52

Clearly Payments

NOVEMBER 26, 2023

The most ubiquitous form is credit and debit cards, seamlessly accepted through various channels – be it in-person via mobile card readers, virtual terminals, or securely online through payment gateways. Checks, while traditional, remain a prevalent option, permitting customers to mail payments or settle them in person.

Credit Card Payment Processing 52

Credit Card Payment Processing Credit Cards Process Processors 52

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.

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Debit Card Process PCI DSS Processors 52

Stax

NOVEMBER 6, 2023

Thankfully, with mobile payments from Stax , you can quickly accept and process payments from your customers. Learn all about mobile payments and why you may want to consider joining the Stax family to streamline payments and boost your small business’ productivity.

Small Business 88

Small Business Mobile Payments Mobile Payment Processing Online and Mobile Banking 88

PYMNTS

NOVEMBER 14, 2019

There’s a lot of competition to capture the $6 trillion in online payments for U.S. Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. Findings from the Federal Reserve reinforce the need for payment choice. Additionally, 18.7 percent of U.S.

Online and Mobile Banking 49

Online and Mobile Banking Payments Push-to-Card Mobile Payments 49

EBizCharge

JULY 2, 2024

It also enhances security, as modern contactless payment options like digital wallets and chip cards are equipped with advanced encryption, protecting sensitive customer information from potential fraud. Customers with NFC-enabled debit or credit cards or mobile devices can initiate a payment by bringing them close to the terminal.

Contactless Payments 52

Contactless Payments Payments Disputes Online and Mobile Banking 52

PYMNTS

JULY 22, 2019

In the July edition of the Payments And The Platform Economy Playbook , PYMNTS looks at how instant payments are making their way into the platform economy and how mobile apps and payments are becoming make or break to the sharing economy itself. Around the Payments And the Platform Economy. About the Playbook.

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Instant Payments Online and Mobile Banking Economy Payments 66

PYMNTS

AUGUST 31, 2016

Earlier this year, India took a major step toward giving its cash-driven economy a mobile payment spin. The country’s Reserve Bank of India (RBI) announced in April the launch of a new mobile-powered system called “ Unified Payment Interface ” (UPI), which is designed to facilitate money transfer through emails and text messages.

Online and Mobile Banking 45

Online and Mobile Banking P2P Payments Payment Gateways 45

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. LIVE briefing: Payments around the world. In contrast, mobile payments in the US have yet to catch on.

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Online and Mobile Banking Debit Card Credit Cards Payment Gateways 68

Fintech News

MARCH 6, 2024

Prior to Airwallex, Liu worked as an investment consultant for banking firm China International Capital Corporation (CICC) in Shanghai. Furthermore, she serves as an independent director at SGX-listed iFAST Corporation Ltd and has been elected as chairperson of the payments group sub-committee for the Singapore Fintech Association.

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APACS FinTech Online and Mobile Banking Multi-Currency 115

Stax

APRIL 11, 2024

Imagine cash flow as a river—cash management oversees the whole flow, while payment management ensures water gets in and out smoothly. Your PMS is a central hub to manage payment requests and store banking information (like your routing and bank account number for ACH payments ).

Payments 88

Payments PCI DSS Compliance Processors 88

PYMNTS

APRIL 30, 2018

Circle International Holdings, the Australian payments company, announced news on Monday (April 30) of a new strategic partnership with payment gateway company Lakala. In a press release , Circle International said the partnership will enable it to facilitate cross-border payments between Malaysia and China.

Cross-Border Payments 46

Cross-Border Payments Cross-Border Payment Gateways Online and Mobile Banking 46

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

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

PYMNTS

OCTOBER 21, 2019

The Greatest Hits (And Misses) Of Capturing The Magic In Mobile Payments . Among the defining stories of the last decade of payments is the long-running struggle to ignite mobile payments. The name of that mobile wallet would have been CurrentC — would have been, but never came to be.

Innovation 52

Innovation Payments Online and Mobile Banking Mobile Payments 52

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

EBizCharge

APRIL 17, 2024

Your business can benefit from payment links since they don’t involve technical requirements for the payer and offer versatile payment links such as credit cards, electronic payments, and mobile payment options. Distribution: The payment link is sent to the customer via email, SMS, or other messaging platforms.

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Payments Online and Mobile Banking Payment Gateways Credit Cards 59

PYMNTS

JULY 19, 2018

There are “a lot of dollars left on the floor” by merchants who fail to provide enough local payment options, he said during a recent PYMNTS interview. For instance, 50 percent of online shoppers have abandoned a transaction because the eCommerce operator failed to offer a preferred payment option. percent, said Booth.

Cross-Border Payments 41

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 41

PYMNTS

JUNE 29, 2016

First Data , with its newly announced exclusive partnership with Silicon Valley Bank, is aiming to make that challenge with respect to merchant services and payments technology a thing of the past. First Data currently powers 28 percent of global eCommerce.

Payments 44

Payments Payment Gateways Online and Mobile Banking Gateways 44

EBizCharge

APRIL 25, 2024

To accomplish this, your company will need a merchant account and reliable software to provide convenient customer payment options and effectively manage funds. Apply for a merchant account A merchant account is typically set up through a payment processor or acquiring bank.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

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. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Online and Mobile Banking 101

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

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.

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Process Online and Mobile Banking PCI DSS Debit Card 88