Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 “Our commitment to product excellence and expansion into key markets (are) central to our roadmap, and this funding will propel us even further,” Plumery Founder and CEO Ben Goldin said. million in funding this week.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

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 106

Digital Payments Credit Cards Payments Online and Mobile Banking 106

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. As time passes, consumers are seeing the number of embedded finance offerings increase across the wide range of products and services they use.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

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

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually.

Non-Bank 64

Non-Bank Online and Mobile Banking Authorization Regulations 64

PYMNTS

OCTOBER 1, 2020

The plastic card, by necessity, is giving way to digital cards, and mobile apps are bringing card-not-present transactions, increasingly, to mobile devices. She noted that mobile app use is up double-digit percentages as of April, when the pandemic shifted so much of everyday life online.

Online and Mobile Banking 106

Online and Mobile Banking Disputes On-Demand Issuers 106

PYMNTS

APRIL 21, 2020

The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. And many of us must transact entirely online, by necessity, to get the goods and services we need on a daily basis.

Online and Mobile Banking 92

Online and Mobile Banking IBAN Non-Bank Credit Union 92

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

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 120

Use Case AI Multi-Currency Payments 120

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

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. Acquiring Bank (Merchant Bank): The financial institution that establishes and maintains the merchant’s account, enabling them to accept credit card payments.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

MARCH 30, 2020

As retailers determine the best ways to reach retail customers during the coronavirus pandemic, ICICI Bank launched its banking services on Monday (March 30) on WhatsApp. . Additionally, users can get details of the nearest ICICI Bank ATMs and branches, all from the social platform. .

Non-Bank 58

Non-Bank Online and Mobile Banking Credit Cards Debit Card 58

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. Today, he explained, small businesses often do the bare minimum to manage finances, despite the rise in FinTech platforms and products available to them.

FinTech 67

FinTech Online and Mobile Banking Small Business Payment APIs and Integration 67

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. Looking Toward Underserved Markets .

B2B 108

B2B Underserved Wire Transfer Payments 108

The Fintech Times

MAY 2, 2024

This was supported by business-friendly financial technology regulations and the widespread adoption of digital banking services. It aims to simplify the process of issuing payment products. This represents Visa’s first project in the local open banking sector.

Online and Mobile Banking 59

Online and Mobile Banking Cross-Border Mobile Payments Non-Bank 59

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.

FinTech 106

FinTech Online and Mobile Banking Non-Bank On-Demand 106

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 59

FinTech Non-Bank Online and Mobile Banking Participant 59

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 64

Finance Point-of-Sale (POS) Consumer Online and Mobile Banking 64

The Fintech Times

APRIL 29, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “Doing so accommodates individuals who may not be able to access traditional banking services, or those who prefer to use alternative payment methods.

Embedded Finance 64

Embedded Finance Financial Inclusion Finance Alternative Payment Methods 64

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

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47 by Darryl Knopp.

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

Stax

FEBRUARY 28, 2024

In this article, we’ll be examining fully-integrated terminals, semi-integrated terminals, and non-integrated terminals. What is a Non-Integrated Terminal? It’s possible to have a non-integrated system, but this is becoming increasingly less common. A Comparison of Different Payment Terminal Setups?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

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.

FinTech 98

FinTech Online and Mobile Banking Non-Bank On-Demand 98

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 109

FinTech Online and Mobile Banking Blockchain Product 109

PYMNTS

JULY 16, 2020

Without the local branch to visit, financial institution (FI) customers were suddenly thrust into the world of digital and online banking. As it has in so many other ways, the pandemic continues to force entities like banks and CUs to entirely rethink their product and service strategy.

Accounts 57

Accounts Online and Mobile Banking Credit Union Non-Bank 57

PYMNTS

JANUARY 28, 2020

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. It’s not that banks don’t want to go more digital and mobile, he said. But such shifts must happen, lest those banks get left behind. Gen Z is growing up.

Online and Mobile Banking 67

Online and Mobile Banking FinTech Credit Union Non-Bank 67

Stax

JANUARY 24, 2024

Existing QuickBooks Desktop users face the choice of upgrading to a newer version, switching to QuickBooks Online, or exploring alternative accounting software. This change affects the following products: QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll subscription.

Payroll 88

Payroll Accounts Multi-Currency Product 88

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

Clearly Payments

MAY 30, 2024

Companies like Shopify, RBC, and TD Bank are among the highest valued. Startups are characterized by their rapid growth potential and their focus on developing unique products or services that disrupt traditional markets. This does not include holding companies and businesses with no employees. million businesses.

Small Business 95

Small Business Credit Cards Online and Mobile Banking Economy 95

PYMNTS

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The research, published last week, found that there are more aspects to small business banking than borrowing money that are frustrating SME customers.

Small Business 45

Small Business Online and Mobile Banking Community Banks Non-Bank 45

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. Key takeaways.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

Stax

JUNE 6, 2024

The ideal AR software should streamline your workflows, improve cash flow, and enhance overall productivity. Some of the key features to look for include automatic invoice generation, automated payment reminders, online payment processing, and AR reporting. Transparency when it comes to pricing should be a non-negotiable.

Accounts 88

Accounts PCI DSS Online and Mobile Banking Automation 88

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

Stax

FEBRUARY 26, 2024

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. Recurring payments are a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services.

Best Practices 88

Best Practices Payment APIs and Integration Payment Gateways Payments 88

Fi911

AUGUST 31, 2023

Non-compliance by lenders can result in penalties and legal action. Section B: Addresses open-ended credit products. TILA offers several benefits for banks: ✓ Enhanced Transparency and Trust TILA requires banks to provide detailed information about their loan products. Why was the Truth in Lending Act Passed?

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Risk Mitigation Non-Bank Online and Mobile Banking 52

PYMNTS

JANUARY 15, 2020

Raisin will license Choice FS’ software to banks in the U.S., giving them the opportunity to develop personalized deposit products. Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. platform,” said Raisin U.S. CEO Paul Knodel.

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52