PYMNTS

NOVEMBER 23, 2020

Artificial intelligence (AI) in mobile food ordering: tantalizing. That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Advanced AI Makes Systems Smarter. Catering to Individual Tastes at Scale.

AI 115

AI Online and Mobile Banking Verification Credit Cards 115

Stax

JANUARY 21, 2025

Research shows that Canada has the world’s highest credit card ownership rate, with 82.7% Beyond credit cards, Stax supports ACH, mobile payments, and online invoicing, providing flexibility for your customers. Online payments – Got an eCommerce site? of consumers owning at least one credit card.

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment APIs and Integration 88

The Payments Association

MARCH 19, 2025

As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money? The partnership signals a potential shift in power, where platforms like X aim to rival traditional banks in how money moves and who controls financial access.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Stax

NOVEMBER 14, 2024

They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

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

Fintech Finance

AUGUST 28, 2024

More than three-quarters of Americans now prefer to pay their bills digitally, especially Gen Z and Millennials, who show a significant inclination toward mobile payments. However, this increase in digital payments also brings about heightened risks – almost one in five consumers surveyed has fallen prey to online identity theft.

Identity Theft 105

Identity Theft Online and Mobile Banking Consumer Payments Trends 105

Fintech News

OCTOBER 22, 2024

In Asia-Pacific (APAC), fraud is becoming an increasingly serious challenge for financial institutions, an issue that has been exacerbated by the rapid adoption of digital transactions and online banking. A year later, Kathmandu-based NIC Asia Bank suffered a major heist, with hackers managing to make about US$4.4

APACS 120

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 120

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. It also found that just 16 percent of U.S. Deep Dive: The Benefits And Drawbacks Of Using SMS-Based Verification.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

PYMNTS

OCTOBER 6, 2020

5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs. Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. “We We’re a mobile app, and that’s how we deliver our services.”. On Monday (Oct.

Online and Mobile Banking 102

Online and Mobile Banking ATM Mobile Banking Ubiquitous 102

Clearly Payments

DECEMBER 11, 2024

These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers. Region-Specific Preferences : In Europe, 36% of online purchases are made through bank transfers, while Asia sees a dominance of digital wallets at 70% of transactions.

Alternative Payment Methods 59

Alternative Payment Methods Online and Mobile Banking BNPL Payments 59

Fintech Finance

JULY 23, 2024

Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. Contactless and mobile contactless payments Usage of contactless and mobile contactless payments continued to increase.

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

PYMNTS

SEPTEMBER 4, 2020

Migration to mobile and digital banking ramped up during the pandemic. It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. percent of online banking customers using digital channels more. “Our This we know.

Online and Mobile Banking 93

Online and Mobile Banking Mobile Banking Push-to-Card ATM 93

Fintech News

JULY 16, 2024

Global analytics software leader FICO unveiled its latest global consumer fraud research , highlighting that complex identity checks are stalling Singapore’s digital banking progress. This increase in identity checks by Singapore banks is a direct response to the significant issue of identity theft in the country.

Identity Theft 110

Identity Theft Online and Mobile Banking Checks Compromise 110

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

The Fintech Times

FEBRUARY 19, 2025

Global payment juggernaut, Mastercard is expanding its presence in the UAE’s flexible payment and lending ecosystem as it partners with the shopping, payments and banking fintech, Tamara to launch a new virtual card. This demand stems from the country’s thriving e-commerce sector and rise in digital payment solutions.

Visa 75

Visa Online and Mobile Banking Payments Payment Solutions 75

PYMNTS

DECEMBER 29, 2020

Debit solutions draw on funds consumers already have in their bank accounts, and while this makes them reassuring to debt-wary consumers, it can have implications if these details are snatched by fraudsters. Safeguarding debit card payments is increasingly important, with more consumers shopping online during the pandemic.

Debit Card 121

Debit Card Online and Mobile Banking Scams Card Issuer 121

PYMNTS

JANUARY 2, 2019

Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. Some financial institutions, including Bank of America and UMB Bank, have also invested in mobile B2B payments.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

Fintech Finance

JANUARY 29, 2025

MB Way counts half of Portuguese bank account holders as its customers and holds a 45% market share of e-commerce transactions in the country. With MB Way e-wallet, customers can make EUR payments, send or request money, and manage funds using their mobile application, without having to input card details in every transaction.

Online and Mobile Banking 69

Online and Mobile Banking Alternative Payment Methods Payments On-Demand 69

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 131

Online and Mobile Banking Treasury Non-Bank Credit Cards 131

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. First name. Company Name. Phone number. Source: PwC.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

PYMNTS

SEPTEMBER 23, 2020

As we discover in PYMNTS’ September 2020 Mobile Order-Ahead Tracker® done in collaboration with Kount , “[The] number of food delivery app users could climb 25.2 When the seesaw stops and COVID cools down, mobile order-ahead (MOA) apps are poised to control a much larger swath of food commerce, with new complexities attending that growth.

Fraud Prevention 98

Fraud Prevention Online and Mobile Banking AI Consumer 98

PYMNTS

JULY 26, 2020

of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported. UPI was established by the central bank and is owned by a group of local lenders. Neil Shah , an analyst at Counterpoint Research, the Hong Kong-based industry researcher, agreed.

Volume 123

Volume Transactions Digital Payments Online and Mobile Banking 123

Clearly Payments

MARCH 22, 2024

In the landscape of commerce, mobile payments have emerged as a disruptive force, altering the way people engage in financial transactions. As technology advances and consumer preferences evolve, the trajectory of mobile payments promises unparalleled convenience, robust security, and seamless integration into our daily lives.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

PYMNTS

JANUARY 20, 2021

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales.

Online and Mobile Banking 117

Online and Mobile Banking On-Demand Product Consumer 117

The Payments Association

JANUARY 22, 2025

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. This increased digital dependency has raised the need for secure access and quick and easy identity verification online.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech Finance

MARCH 13, 2025

” Recent research commissioned by Ecommpay revealed that just half of online retailers offer customers checkout in their local currency, potentially limiting conversion rates. The checkout should also be accessible and user-friendly for all, including those with disabilities and those using mobile or desktop devices.”

Online and Mobile Banking 59

Online and Mobile Banking Risk Mitigation Regulatory Compliance Mitigation 59

PYMNTS

JANUARY 14, 2021

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and help curb the spread of the virus. Our research also examines the changes to this engagement since the onset of the pandemic.

Consumer 89

Consumer Online and Mobile Banking On-Demand Research 89

PYMNTS

NOVEMBER 26, 2019

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent.

Federal Reserve 83

Federal Reserve Online and Mobile Banking Small Business Fed 83

Fintech Finance

FEBRUARY 4, 2025

MT5 is one of the worlds leading online trading platforms, allowing users to buy and sell forex, stocks and futures. Sean Park, STICPAY CEO, said: “The global online trading platform market has surged in recent years as technological advances have made trading accessible to more people. billion by 2030.

Payment APIs and Integration 59

Payment APIs and Integration Online and Mobile Banking Payment Gateways Wire 59

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

The Fintech Times

DECEMBER 9, 2024

This incident disrupted operations across airlines, banks, and media outlets, resulting in billions in losses for major corporations. The Bank of England has emphasised the need for payment firms to enhance their operational resilience, mandating improvements by March 2025 to better handle disruptions like cyber-attacks or system failures.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments? Leading NFC Mobile Applications.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Stax

JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Research shows that 55% of customers will abandon their cart if they have to re-enter checkout information like credit card details, negatively affecting your business conversion rate. Learn More What is Click to Pay?

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Fintech News

SEPTEMBER 22, 2024

Global highlights: January – December 2023, Source: Confidence Amid Chaos: Managing Fraud and Scams with Data and Analytics, LexisNexis Risk Solutions In financial services, new account creation attacks increased by 12% YoY, driven by increases on the mobile channel, primarily mobile browser.

Accounts 142

Accounts Scams Bots Account Takeovers 142

The Fintech Times

APRIL 23, 2024

As mobile banking apps continue to accrue a seemingly ever-growing user base, criminals may sense an opportunity to access people’s finances by exploiting weaknesses in some banks’ security, consumer champions Which? They were not able to test banks’ back-end security systems. Security let downs Which?

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

CB Insights

MARCH 20, 2023

What is digital banking transformation? Digital banking transformation companies include omnichannel retail banking suites and multiproduct offerings that assist banks with digital transformations, from online opening and onboarding to customers’ mobile app experiences. Want the full expert post?

Online and Mobile Banking 64

Online and Mobile Banking Research Posting 64

PYMNTS

OCTOBER 12, 2020

The recently released report by the Bank for International Settlements ( BIS ) offers a general framework for digital currencies. The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system.

Central Bank 93

Central Bank CBDC FedNow Digital Currency 93