PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Around The World Of Smarter Payments.

Mobile Payments 88

Mobile Payments Distributed Ledger Technology (DLT) Payroll Online and Mobile Banking 88

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. The conversation came against a backdrop where, as noted in a recent PYMNTS Tracker , a majority of Americans did their banking online last year. As more banking has shifted online, an increasing amount of that online activity is occurring across mobile conduits.

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Disputes 107

Tearsheet

JULY 1, 2024

The evolution in payment technologies and experiences is directly impacted by changes in consumer preferences, particularly among younger generations. To explore these changes and their potential impact on businesses, I spoke with Thomas Priore – CEO, Priority , a company specializing in integrated payments and banking solutions.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

Finovate

OCTOBER 10, 2024

ANNA, a small business banking and tax app for SMEs, has implemented biometric re-authentication strategies to fight fraud. The new re-authentication procedures are designed to help combat the threat of Authorized Push Payment (APP) fraud. came online this week. When this occurs, a request for a selfie is issued.

Authentication 59

Authentication Procedures Push-to-Card Online and Mobile Banking 59

The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Fraudsters are out there moving pretty quick, and so banks have to be out there moving quick with them.”. As more people move to digital, so do some of these [fraudsters],” he said. “We

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 52

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Money Laundering AML 61

The Fintech Times

MARCH 20, 2024

After years of pushing to a fully digital payments landscape that will in theory see a cashless economy in the (reasonably) near future, it could all come tumbling down after a series of technical issues that has seen major retailers unable to process card or contactless payments and once again relying on notes and coins.

Contactless Payments 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

Clearly Payments

APRIL 9, 2024

The emergence of financial technology (fintech) companies has sparked a debate and some contention. The Definition of Fintech vs Traditional Finance Fintech refers to financial technology, which encompasses a broad range of tech innovations and advancements applied to financial services.

Finance 90

Finance FinTech Online and Mobile Banking Payment APIs and Integration 90

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

APRIL 3, 2018

How to bring mobile banking to the realm of the spoken word – beyond the mere recitation of account data, beyond call and response? Banking is, of course, about more than account balances. Ideally, those actions should run the gamut of transactions and financial services, across payments and cards.

Mobile Banking 49

Mobile Banking Online and Mobile Banking Push-to-Card Use Case 49

Clearly Payments

JANUARY 29, 2024

The banking landscape is undergoing a transformation, driven by the emergence of neobanks. These digital-only banks are challenging the traditional financial institutions by offering products and services that cater to the needs of tech-savvy consumers. For their banking structure, Neobanks can come in two forms.

Online and Mobile Banking 93

Online and Mobile Banking Payments Innovation Push-to-Card 93

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options.

Payments 83

Payments BNPL Value Added Service Payment Gateways 83

The Fintech Times

MAY 22, 2024

However, in its latest report published today, the UK banking and financial services trade association announced that there was a four per cent decrease in the amount stolen to £1.17billion in 2023. ” Unauthorised fraud losses Unauthorised fraud is when your card details are used by someone else without your permission. .”

Scams 59

Scams Finance Push-to-Card Romance Scams 59

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

PYMNTS

JANUARY 15, 2021

The march toward digital-first banking, meanwhile, continues unabated. But the bank, as noted in statements by CEO Jamie Dimon, is positioning itself for significant near-term economic uncertainty. Reserves were held flat on the card business, standing currently at $17.8 Card average loans stood at $141.2

Push-to-Card 60

Push-to-Card Online and Mobile Banking BNPL Consumer 60

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

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. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Payment APIs and Integration 98

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

PYMNTS

OCTOBER 14, 2020

Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report by Financial Times (FT). The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone.

FinTech 70

FinTech Online and Mobile Banking Push-to-Card Credit Cards 70

PYMNTS

APRIL 20, 2018

These rising expectations have even previously resistant restaurants investing in mobile ordering and other technologies, including pancake chain IHOP. These rising expectations have even previously resistant restaurants investing in mobile ordering and other technologies, including pancake chain IHOP.

Technology 45

Technology Online and Mobile Banking Push-to-Card Debit Card 45

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

PYMNTS

JUNE 6, 2019

It’s not just technology that moves the world. That promises to be the case going forward with Open Banking, as financial institutions (FIs) pick partners and proof of concepts. Open Banking is a global effort that resets the relationships FIs have with FinTech firms, payment providers and financial service providers.

Participant 81

Participant API Online and Mobile Banking Innovation 81

The Fintech Times

FEBRUARY 29, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. 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.

Payments Trends 59

Payments Trends Online and Mobile Banking Payments Instant Payments 59

The Fintech Times

MARCH 28, 2024

Collaborations Central Bank, a regional bank headquartered in Jefferson City, Missouri, is elevating financial wellness for its consumer franchise by implementing Personetics ’ financial data-driven engagement platform. MoneyGram has forged a strategic partnership with innovative financial technology app barraq.

FinTech 64

FinTech Online and Mobile Banking Central Bank Push-to-Card 64

Neopay

JUNE 24, 2024

David Geale said the PSR needed to “act quickly” on APP fraud, and that new rules forcing banks and payment companies to reimburse victims up to £415,000 per claim would be introduced in October. Almost 80% of APP fraud starts online , according to UK Finance. Britons lost about £459.7

Regulations 52

Regulations Online and Mobile Banking Rules Push-to-Card 52

PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. Getting Ready To Fight Off Apple And Google.

FinTech 89

FinTech Push-to-Card Online and Mobile Banking Consumer 89

PYMNTS

JULY 27, 2020

It’s a stalemate, Movile CEO Patrick Hruby told Karen Webster, that can likely be broken if Facebook agrees to integrate its service with the central bank-backed instant payments platform PIX, slated for rollout in October. The changes that are happening in Brazil and across the region, he noted, aren’t exactly new.

Online and Mobile Banking 61

Online and Mobile Banking Central Bank Point-of-Sale (POS) Instant Payments 61

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

Online and Mobile Banking 63

Online and Mobile Banking Push-to-Card Mobile Banking ATM 63

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

Commercial Card 99

Commercial Card Innovation Push-to-Card Credit Cards 99

PYMNTS

AUGUST 15, 2019

Japan, in the last several years, has been something of a puzzle among mobile payments watchers around the world. Near field communication (NFC) technology was developed by Sony and NXP Semiconductors in 2002 and QR Codes were developed the Denso Wave company in 1994. PayPay And Signs Of Mobile Acceleration. percent).

Mobile Payments 61

Mobile Payments Online and Mobile Banking Payments Push-to-Card 61

FICO

DECEMBER 4, 2017

And with the close of football comes the final push for fantasy football team owners as they navigate the final few weeks of the season. Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Mobile Payments Proliferate. I’m concerned about the emergence of yet another opportunity for mobile payments fraud.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

PYMNTS

AUGUST 5, 2019

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. And the death of checks – sooner rather than later.

Checks 65

Checks Instant Payments Online and Mobile Banking Irrevocability 65

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 76

Innovation Online and Mobile Banking Zelle Venmo 76

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. Our mission — to stimulate local borrowing and local lending — is well aligned with ICBA Bancard and its community bank clients.

Community Banks 76

Community Banks Online and Mobile Banking Push-to-Card Card Issuer 76

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. This change in consumer behavior is expected to remain even after vaccines are more widely distributed.

Contactless Payments 74

Contactless Payments Credit Union Innovation P2P 74

FICO

SEPTEMBER 8, 2022

Why consumers are moving to banks with the best fraud and scam prevention. In Asia, these technologies are being adopted by a rapidly growing middle class with increasing disposable income and a rising demand for financial services. The appeal of these banking innovations has also made it a honeypot for fraud. Saxon Shirley.

Posting 52

Posting Real Time Payments Scams Push-to-Card 52