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

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 by 2026.

Card Issuer 63

Card Issuer Issuers Visa Online and Mobile Banking 63

Stax

AUGUST 20, 2024

TL;DR Embedded finance integrates financial services into non-financial business processes, while embedded fintech integrates fintech solutions into the processes of an institution in the finance industry. This infrastructure helps businesses provide financial solutions, such as digital payments, directly on their websites or mobile apps.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

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

The Fintech Times

NOVEMBER 16, 2024

Armenia Population: +2,967,000 Capital, financial hub and largest city: Yerevan Gross domestic product (GDP) per capita: +$8,500 Access to a formal financial account (adults): 52.3 per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population. per cent holding a credit card.

FinTech 68

FinTech Central Bank Financial Literacy Online and Mobile Banking 68

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 63

AI Innovation Payment APIs and Integration Online and Mobile Banking 63

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

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

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

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 58

BNPL Online and Mobile Banking Debit Card Non-Bank 58

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 84

Verification Online and Mobile Banking Payments Privacy 84

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 121

Use Case AI Multi-Currency Payments 121

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

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. .

Online and Mobile Banking 58

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

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

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 96

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 96

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

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.

Online and Mobile Banking 67

Online and Mobile Banking FinTech 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

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

PYMNTS

MARCH 9, 2020

At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

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

PYMNTS

AUGUST 22, 2019

Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Competition Can Lead to Innovation.

Online and Mobile Banking 66

Online and Mobile Banking Non-Bank Acquirers Fed 66

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 58

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

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

FICO

FEBRUARY 15, 2021

Within the past 20 years, we’ve witnessed a quantum leap in the evolution of business models - from being product-based to platform-based. With the rise of Open Banking, this trend is now hitting financial services. Are you ready to become a banking ecosystem? Then there was the mobile market. Are You Ready?

Online and Mobile Banking 52

Online and Mobile Banking Non-Bank Authorization Fraud Prevention 52

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

PYMNTS

MARCH 9, 2020

Questions like, “What is a bank?”. It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms.

Credit Union 92

Credit Union Online and Mobile Banking ATM PayPal 92

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

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

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

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

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 96

FinTech Online and Mobile Banking Non-Bank On-Demand 96