The Fintech Times

APRIL 11, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “The modularity, interoperability and seamless integration of BaaS have also proven to be powerful drivers of innovation in sectors beyond banking. .

Embedded Finance 74

Embedded Finance Non-Bank Online and Mobile Banking Financial Inclusion 74

Neopay

FEBRUARY 26, 2024

New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers. European banks are also migrating core banking systems to public cloud and SaaS in greater numbers than their counterparts in other regions.

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Underserved AI 52

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59

The Fintech Times

MARCH 1, 2024

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8

Card Issuer 63

Card Issuer Issuers Visa Online and Mobile Banking 63

The Fintech Times

MAY 17, 2024

Tap to Everything There are six billion mobile devices in the world providing consumers with a versatile NFC enabled device primed to be ‘tapped’ At the end of 2023, Visa’s tap-to-pay penetration reached 65 per cent globally, up two times the penetration we saw in 2019, cementing tap as one of the best commerce experiences today.

Product 128

Product Consumer Online and Mobile Banking RTP 128

The Fintech Times

NOVEMBER 16, 2024

per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population. Through its regulatory sandbox, the Central Bank of Armenia (CBA) has attracted $90million in investments, propelling the country to 34th place in the Global Fintech Index 2023. per cent holding a credit card.

FinTech 68

FinTech Central Bank Financial Literacy Online and Mobile Banking 68

Fintech News

MAY 5, 2024

DBS Bank has announced the restoration of its digital banking services after a temporary disruption that affected its DBS/POSB digibank Online and Mobile platforms, as well as DBS PayLah! times on the bank’s operations. The bank or MAS have yet to release an official statement on the matter.

Online and Mobile Banking 93

Online and Mobile Banking Non-Bank SWIFT Authorization 93

Fintech News

SEPTEMBER 17, 2024

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfers between two bank accounts through a mobile platform. These guidelines enable non-bank entities to enter the payment aggregation business and expand their scope to include the import of services.

Digital Payments 102

Digital Payments Credit Cards Payments Online and Mobile Banking 102

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. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

FICO

AUGUST 24, 2020

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank? Mobile deposits are so easy!”. Mobile deposits are so easy!”.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Fraud Detection 52

The Fintech Times

APRIL 3, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Whether it be retailers, ride-hailing apps, super-apps, or other non-bank service providers, embedded finance appears to be making its way into every sub-sector.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

Finovate

APRIL 11, 2024

Santander is launching its Openbank digital banking brand in the U.S. Spain-based mega bank Santander announced plans to launch a new digital offering in the United States under the Openbank brand in the second half of this year. Santander launched Openbank in 1995 as a telephone bank. Many non-U.S.-based and Mexico.

Online and Mobile Banking 52

Online and Mobile Banking OCC Non-Bank Credit Cards 52

Segpay

SEPTEMBER 5, 2024

CB: The main challenge we had setting up in the UK and Ireland as a Payment Institution was hiring the staff to move us through the application process and then building out the team to support the infrastructure to meet the Central Bank of Ireland’s UK Financial Conduct Authorities requirements.

Verification 85

Verification Online and Mobile Banking Payments Privacy 85

The Fintech Times

APRIL 2, 2024

Partnerships Adyen, the global financial technology platform, has partnered with PayMe by HSBC in Hong Kong to become an acquirer for the mobile payment service. Through this partnership, Adyen’s merchants can now accept PayMe as a payment method when their Hong Kong customers check out their purchases online.

FinTech 58

FinTech Online and Mobile Banking Non-Bank Payment Solutions 58

Fintech Finance

MAY 16, 2024

Tap to Everything There are six billion mobile devices in the world2 providing consumers with a versatile NFC enabled device primed to be “tapped.” 3 This year, new ways to “tap” on a mobile device will become an integral part of the Visa experience. Today, online payment fraud is seven-times higher than in-person payments.

Product 52

Product Online and Mobile Banking Credential RTP 52

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Online courses & content.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

EBizCharge

NOVEMBER 12, 2024

These applications typically involve merchants submitting financial and bank statements, business licenses, and other relevant documentation. Once approved, a merchant account is established, enabling the business to integrate various payment solutions, such as payment gateways for online, mobile, and in-person payments.

Online and Mobile Banking 52

Online and Mobile Banking Processors Debit Card Volume 52

Stax

SEPTEMBER 12, 2024

From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. Also called a credit card terminal, it’s a device that businesses use to accept non-cash payment methods like credit and debit card transactions, as well as contactless payments through a mobile wallet.

Payment APIs and Integration 88

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

Payment Savvy

MAY 10, 2024

With almost 7 out of 10 shoppers abandoning their carts, online businesses face an uphill task to increase sales and profits. Shopping cart abandonment is when online shoppers add items to their cart but leave the site without completing the purchase. Cart abandonment is a major issue faced by ecommerce businesses.

Best Practices 52

Best Practices Online and Mobile Banking Process Payment Solutions 52

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The company also provides a card reader and mobile POS app for free. Read on to find out.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Non-employer businesses are simply single businesses with no employees. Plus, people’s banking habits are changing.

Process 94

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 94

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

Fintech News

AUGUST 26, 2024

It’s a tale of a cultural shift, governments and innovators working in tandem, and millions leapfrogging traditional banking to embrace a mobile-first approach to finance. The region’s historical challenges with traditional banking access have paradoxically catalyzed innovation. appeared first on Fintech Singapore.

APACS 109

APACS PCI DSS Push-to-Card Online and Mobile Banking 109

The Fintech Times

JUNE 27, 2024

Appointments Atom bank , the UK app-based bank, appoints Gareth Jones as its new chief risk officer. He replaces Chris Sparks, who is retiring after nine years at the bank. Jones joins Atom bank from The Co-operative Bank , where he has worked for 26 years, most recently as chief risk officer.

FinTech 58

FinTech Non-Bank Online and Mobile Banking Participant 58

Stax

JANUARY 1, 2024

Accounts combining high-interest rates, no fees, and advanced online solutions are available. Equipped with knowledge of the accounts and a thorough assessment of the internal requirements, getting set up is as simple as visiting a branch or going online.

Accounts 88

Accounts Online and Mobile Banking API ATM 88

The Fintech Times

JANUARY 25, 2024

Other positive factors include a convenient repayment schedule (43 per cent), application through a mobile app (42 per cent) and attractive interest rate (30 per cent). Fifty-six per cent of respondents also cite online as their preferred channel for obtaining formal credit, compared to 37 per cent for offline channels.

Online and Mobile Banking 58

Online and Mobile Banking Non-Bank Credit Cards Assessments 58

The Fintech Times

MAY 2, 2024

This was supported by business-friendly financial technology regulations and the widespread adoption of digital banking services. This represents Visa’s first project in the local open banking sector. Mobile payments are also increasingly becoming the preferred option for in-store payments.

Online and Mobile Banking 58

Online and Mobile Banking Cross-Border Mobile Payments Non-Bank 58

Fintech News

MAY 15, 2024

The increasing affordability of leisure time, the seismic surge in the digital economy , the proliferation of high-speed internet, advancements in mobile technology, and the shift towards remote work will also play significant roles. Asia is the epicentre of gaming According to the latest available data , Asia is home to approximately 1.48

FinTech 102

FinTech Online and Mobile Banking Payment APIs and Integration Economy 102

The Fintech Times

SEPTEMBER 17, 2024

Online merchants can pay out directly to Kuady accounts, enabling them to build stronger relationships with their customers by providing a faster, more efficient payment method. M1, a mobile network operator in Singapore, and Stripe , a global financial infrastructure platform for businesses, have teamed up. The bank now has 1.3

FinTech 58

FinTech Payment APIs and Integration Online and Mobile Banking Cross-Border Payments 58

The Fintech Times

MARCH 28, 2024

In the initial phase, Paymob will integrate MID Takseet into its point of sale (POS) terminals to facilitate in-store card and digital wallet transactions, with online integration slated for the second phase. MID Takseet offers advanced non-banking financial solutions, fostering growth for businesses and customers.

Finance 63

Finance Point-of-Sale (POS) Consumer Online and Mobile Banking 63

Fintech Finance

MARCH 26, 2024

In the initial phase, MID Takseet will be integrated into Paymob’s point of sale (POS) terminals to power in-store card and digital wallet transactions, with online integration to follow in the second phase. The post MID Takseet and Paymob Boost Access to Consumer Finance in Egypt appeared first on Fintech Finance.

Finance 52

Finance Consumer Point-of-Sale (POS) Online and Mobile Banking 52

Fintech News

JUNE 20, 2024

OpenWay , a provider of digital payments technology to banks, processors, national payment switches, and mobile wallet operators, found that clients are recognising the benefits of AI. To overcome those barriers, Gen AI needs a payment processing platform with powerful data management and a 24/7 online front- and back-office.

Use Case 117

Use Case AI Multi-Currency Payments 117

PYMNTS

DECEMBER 16, 2020

And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements. The “language” of the statements may represent a Rosetta Stone of sorts for the 110 million consumers who have pivoted online in the wake of the pandemic.

Disputes 91

Disputes Transactions Issuers Online and Mobile Banking 91

The Fintech Times

JULY 16, 2024

’s CEO Chris Jurasek joins as non-exec chair, while Emma Brown joins as chief financial officer. Stéphane Besson joined CUBE’s board earlier this year and continues as non-exec director. Sam joined Redwood from the Royal Bank of Scotland in 2020 and has more than eight years’ experience in secured lending and asset finance roles.

FinTech 52

FinTech Online and Mobile Banking Non-Bank Payment Gateways 52

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. Soft Space – US$31.5

FinTech 104

FinTech Online and Mobile Banking Non-Bank On-Demand 104

FICO

DECEMBER 4, 2017

Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. Mobile Payments Proliferate. It’s no secret that consumers are moving quickly to embrace mobile payments.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

Payment Savvy

JULY 12, 2024

A convenience fee is an additional charge added to a customer’s bill when they use a non-standard payment method. For example, you could add a convenience fee if your standard payment method is cash or check, but a customer wants to pay over the phone or online with a credit card.

Card Network Rules 52

Card Network Rules Non-Bank Alternative Payment Methods Credit Cards 52