PYMNTS

NOVEMBER 23, 2020

In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Under that strategy, Visa is pushing to become a “single point of access for initiating multiple transaction types” while also laying the foundation for the “secure movement of money.”.

Payment APIs and Integration 133

Payment APIs and Integration Push-to-Card FinTech Cross-Border 133

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

Disputes 91

Disputes Transactions Issuers Online and Mobile Banking 91

PYMNTS

AUGUST 14, 2020

Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. The Challange With Card-Not-Present Transactions . Selling an EMV 3DS (also referred to as 3DS 2.0)

EMV 117

EMV Push-to-Card Issuers Authorization 117

PYMNTS

NOVEMBER 16, 2020

16) and has already processed 10 million transactions a day. It was developed to provide an alternative to the current transaction models, including checks. In order to transact through the system, users need to register "keys" with their bank or fintech. Real-time payments continue to gain traction around the world.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

PYMNTS

DECEMBER 11, 2020

Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option. Mao, whose company provides solutions for payments, prepaid cards and gift cards, said the only way for merchants to go is forward, because going back isn’t an option.

Posting 116

Posting Push-to-Card Debit Card On-Demand 116

Fintech News

OCTOBER 28, 2024

Bill Qkr offers a secure, card-based system designed to make payments easier for merchants, acquirers, payment facilitators, and service providers through flexible options and streamlined collection processes. Bill Qkr’s launch partners are incorporating the technology to provide smoother payment options in their regions.

Visa 106

Visa Push-to-Card Payments Facilitators 106

Fintech News

AUGUST 26, 2024

This digital foundation has provided fertile ground for wallet providers to innovate and expand, enabling seamless transactions even in remote areas. Designing wallet-based card programmes Launching digital wallets is not enough for businesses eyeing the lucrative APAC market.

APACS 106

APACS PCI DSS Push-to-Card Online and Mobile Banking 106

Fintech Finance

AUGUST 15, 2024

Adyen’s local payment processing capabilities are foundational to the company’s all-in-one payment platform allowing merchants in the country to optimize each transaction with local payment processing. We are committed to our merchants’ long-term growth as we steadily scale our presence in India.”

Process 105

Process Technology Cross-Border Payments Push-to-Card 105

Fintech Finance

AUGUST 28, 2024

To enhance its conventional and Islamic banking applications with digital payment capabilities, BankDhofar has implemented the Entrust Digital Card Solution for Tap to Pay services and tokenization enablement – making BankDhofar one of the first banks in Oman to enable Tap to Pay services to its customers.

Push-to-Card 89

Push-to-Card Payments Debit Card Contactless Payments 89

PYMNTS

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. Chase has also said that its new SMB offering will enable firms to take card payments within minutes. To that end, the banking giant J.P. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. –

Point-of-Sale (POS) 122

Point-of-Sale (POS) Push-to-Card PayPal Volume 122

Fintech Finance

OCTOBER 22, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio , a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

Push-to-Card 93

Push-to-Card End User Embedded Finance Commercial Card 93

Fintech Finance

NOVEMBER 5, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, today announced several updates to its products in support of Click to Pay. Click to Pay, described by Mastercard as the e-commerce counterpart to contactless cards, leverages the Secure Remote Commerce (SRC) Framework.

Enrollments 96

Enrollments Push-to-Card Payment APIs and Integration Issuers 96

Fintech Finance

NOVEMBER 1, 2024

We believe that the whole global card payments industry lacks transparency when it comes to profitability calculation and scheme fees analysis. A big thank you to Sifted for featuring us, and we will continue to push forward!”, And Torus is on a mission to fix this issue.

FinTech 93

FinTech Push-to-Card Card Issuer Visa 93

Fintech Finance

OCTOBER 31, 2024

We’re responding by meeting clients where they are by being equally committed to the back office as we are to global transaction processing,” said Jim McCarthy, CEO of Thredd. Scam Transaction Monitoring: Safeguards customers and programmes from the growing threat of Authorised Push Payment (APP) fraud.

Compliance 82

Compliance Risk Push-to-Card Scams 82

PYMNTS

JANUARY 18, 2021

There have also been shifts in how customers pay for goods and services, with s ocial distancing policies making contactless transactions essential and pushing consumers toward payment methods such as bank transfers and digital wallets. Each company’s risk management approach must therefore be tailored to its specific business needs.

Treasury 127

Treasury API Best Practices Risk 127

Fintech News

OCTOBER 21, 2024

The Digital Payments Transformation Roadmap (DPTR) , introduced in 2020, aims to convert at least 50% of all retail payment transactions into digital form by 2023. That goal was surpassed , with the share of digital payment transactions in the Philippines surging to 52.8%

Financial Inclusion 129

Financial Inclusion Embedded Finance Payments Push-to-Card 129

PYMNTS

SEPTEMBER 18, 2020

With a focus on optimizing cash flow for merchant customers, EVO Payments has announced a new feature that enables businesses to access funds from card transactions in real time. The company is using Visa 's Visa Direct solution, which wields Visa's card rails to push funds to debit cards.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

DECEMBER 10, 2020

The offering, which is now available to owner CUs, provides continuous and smooth payment experiences and lets cardholders keep transacting online even if they don’t have their tangible cards, according to the announcement. 10) announcement.

Credit Union 82

Credit Union Credit Union Service Organization Push-to-Card Online and Mobile Banking 82

The Payments Association

OCTOBER 28, 2024

Financial institutions and payment providers are stepping up their efforts, and according to the report, more than £710 million in unauthorised transactions were thwarted during this same period. From shifts in unauthorised card fraud to the evolving nature of authorised push payment scams, there’s a lot to unpack—and a lot at stake.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Stax

OCTOBER 21, 2024

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. That’s over $10 trillion in transactions.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

Fintech Finance

SEPTEMBER 18, 2024

Fingerprint Cards AB (STO: FING B) and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced SECORA Pay Bio, an all-in-one biometric payment card solution that complies with Visa and Mastercard specifications. This will lead to a much simpler biometric payment card manufacturing process.

Enrollments 98

Enrollments Push-to-Card CHIPS Contactless Payments 98

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

Fintech Finance

JULY 19, 2024

Jifiti , a global embedded lending technology company, has announced the release of its Tap Now, Pay Later technology, which enables consumers and business customers to easily add their approved loan or credit funds into any digital wallet, including Apple Pay, via virtual card. and Europe.

Payment APIs and Integration 94

Payment APIs and Integration Push-to-Card Reconciliation Finance 94

The Fintech Times

FEBRUARY 6, 2024

Paytech, NovoPayment has received a Mastercard certification, as part of the Mastercard Network Enablement Partner programme, to switch and process Mastercard transactions in Mexico. Prior to Mexico, NovoPayment has received certifications in Chile, Colombia, Ecuador, Peru and Venezuela as card issuer processors.

Visa 105

Visa Card Issuer Issuers Push-to-Card 105

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

The Payments Association

OCTOBER 28, 2024

This meant that the stable environment was shaken up by newcomers who introduced new features, such as allowing consumers to manage their card parameters through an app. Card payments, or payments in general, were often not a profit centre for the banks. This marked a new era for these processes.

Process 100

Process Payment APIs and Integration Processors Payments 100

Open Banking Excellence

MARCH 5, 2024

While new regulations will help push the market in the right direction, it is already in banks’ hands to make Open Banking work and allow their customers to share their financial data and tap into the benefits that Open Banking creates, says Stacey Wilkinson, API Growth Manager at NatWest. That’s going to be quite hard to shift,” says Wright.

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. As Good noted, four in 10 U.S.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

Fintech News

MARCH 24, 2024

The partnership will see Visa integrating with Thunes’ expansive network, enabling transactions to over 108 types of digital wallets and bank accounts in various countries including Kenya, the Philippines, Indonesia, and Pakistan. Global B2B cross-border payment company Thunes has expanded its partnership with payments giant Visa.

Accounts 96

Accounts Cross-Border Payments Cross-Border Push-to-Card 96

PYMNTS

DECEMBER 15, 2020

Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. How Virtual Card Help Healthcare Claims Processors Manage Payments. Around The Digital AP Landscape. Firms must also attend to how they pay their employees.

B2B 107

B2B Processors Push-to-Card Automation 107

PYMNTS

OCTOBER 20, 2020

Many CUs, he said, have seen that members’ spending activity had, until recently, trended toward using debit cards, as the pandemic has heightened fears of financial uncertainty. He noted that credit card payment volume growth rates have remained positive through the last several weeks, at mid-single-digit levels of growth.

Credit Union 107

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

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

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

SEPTEMBER 21, 2020

And as reported by the International Consortium of Investigative Journalists (ICIJ), which was working in tandem with BuzzFeed and 108 media partners across nearly 90 countries, the suspicious activity totaled more than $2 trillion in transactions as measured between 1999 and 2017. In terms of dollar amounts, Deutsche led the pack at $1.3

Fincen 139

Fincen AML Suspicious Activity Report (SAR) Financial Crimes 139

PYMNTS

JANUARY 20, 2020

Amazon doesn’t seem to just want to change the way customers pay when shopping with them — the bigger goal is to bring the palm as form factor to any place the customer happens to want to transact. Talk To The Hand, For All Kinds Of Transactions. s largest card issuers to get the project off the ground. JPMorgan Chase & Co.,

Payments 110

Payments Push-to-Card Point-of-Sale (POS) Issuers 110

Stax

DECEMBER 9, 2024

As consumers, most of us have looked at last month’s credit card statement and experienced the panic of not recognizing a charge. But credit card chargebacks also occur for a variety of other reasons and they’re not always honest. What Are Credit Card Chargebacks? If not, filing a chargeback is the next best option.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

PYMNTS

JULY 21, 2020

But for all the great expectations often attached to the future of crypto, it has continually run into the same problem — there are very few places where one can actually use it to transact. It’s issuing Mastercard-branded payment cards that will allow consumers to pay with cryptocurrency reserves. “We’ve

Visa 127

Visa Cryptocurrency Blockchain Bitcoin 127