Fintech Finance

OCTOBER 15, 2024

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 87

Mobile Payments Push-to-Card Payments Contactless Payments 87

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 115

APACS PCI DSS Push-to-Card Online and Mobile Banking 115

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.

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Fi911

SEPTEMBER 12, 2024

An issuer decline code is provided by an issuing bank to a merchant, indicating the rejection of a credit card transaction. This means that the issuer has halted or blocked the transaction. There are many reasons for an issuer to decline a transaction. Decline codes are valuable for understanding credit card processing.

Issuers 73

Issuers Push-to-Card Addressing Authorization 73

The Fintech Times

OCTOBER 16, 2024

It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise. In 2022, mobile payments pushed cash payments into third place among Nordic consumers’ most preferred payment methods. Meanwhile, 9 in 10 consumers are expecting to spend the same or less.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

Fintech News

FEBRUARY 18, 2024

Global neobank Revolut has rolled out an advanced artificial intelligence (AI) feature designed to shield its 35 million users worldwide from the growing threat of card scams. Developed by Revolut’s in-house financial crime team, this feature assesses the likelihood of a transaction being fraudulent.

Scams 101

Scams AI Push-to-Card Financial Crimes 101

PYMNTS

NOVEMBER 27, 2020

One-third of B2B payments are processed electronically, but accounting professionals are still pushing to expand that share. One-third of B2B payments are processed electronically, but accounting professionals are still pushing to expand that share. The challenges of B2B transactions.

API 95

API B2B Transactions Instant Payments 95

Fintech News

OCTOBER 10, 2024

Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. This move aims to enhance efficiency, reduce costs, and improve the security of trade finance transactions. Moreover, banks are also beginning to digitize traditionally complex areas.

Payment APIs and Integration 117

Payment APIs and Integration Innovation API Push-to-Card 117

Stax

SEPTEMBER 24, 2024

In addition, contactless and digital payment options, such as debit and credit cards, only increase the financial burden for businesses like yours. In 2023, card brands in the U.S. A cash discount program is when a business offers its customers incentives to pay using cash for a product or service instead of a credit or debit card.

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

Clearly Payments

SEPTEMBER 16, 2024

As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. Instead of entering a PIN or handling cash, users can simply tap their card or mobile device to complete a transaction in seconds. What are Contactless Payments?

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

Fintech Finance

SEPTEMBER 4, 2024

Almost £60 million has been reported stolen through card fraud over the past three years in the UK according to new research from Trustly, the global leader in open banking payments. Credit card fraud is the most costly and common type of card fraud, according to Trustly’s research.

Debit Card 98

Debit Card Credit Cards Push-to-Card Research 98

Finovate

SEPTEMBER 20, 2024

Benefits to Walmart include lower transaction costs, faster settlement, reduced fraud, and fewer payment declines, while customers can avoid stacked pending transactions. Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. FedNow and RTP, they don’t necessarily talk to one another.

FedNow 52

FedNow Real Time Payments Push-to-Card Credit Cards 52

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . These safety and convenience considerations are pushing more consumers to use — and more merchants to enable — contactless and CNP payments.

Transactions 52

Transactions Card Issuer Push-to-Card Contactless Payments 52

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

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 79

Financial Inclusion Embedded Finance Payments Push-to-Card 79

Stax

DECEMBER 6, 2023

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

PYMNTS

NOVEMBER 17, 2020

Fraudsters know that higher transaction volumes and a demand for fast processing times leave merchants vulnerable to attacks. During this hectic time of year, merchants are particularly vulnerable to promotion abuse, account takeover and transaction fraud. They Can Get to Anyone. Behavioral Biometrics Ensure You Are You .

Volume 72

Volume Transactions Account Takeovers Phishing 72

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.

Cross-Border Payments 106

Cross-Border Payments Accounts Cross-Border Push-to-Card 106

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.

Debit Transaction 52

Debit Transaction Transactions Debit Card Security 52

Segpay

JULY 23, 2024

You’ve likely noticed that acquirers are actively pushing back on allowing merchants to offer a negative option, upsell, or cross-sell on payment pages. There’s been a lot of talk about changes to cross-sales and checkout pages. and many of our EU acquirers no longer support these additional sales. What is a Negative Option?

FTC 105

FTC Payments Federal Trade Commission Push-to-Card 105

Neopay

OCTOBER 22, 2024

The report notes a 19% increase in unauthorised card fraud, with over 1.5 This type of fraud typically involves stolen card details being used for purchases, and the increase suggests that criminals are finding new ways to bypass existing security measures. million in unauthorised transactions, meaning £6.65

Finance 52

Finance Fraud Prevention Push-to-Card Audit 52

The Fintech Times

MARCH 13, 2024

Fondeadora , the financial service provider in Mexico, has reaffirmed its commitment to delivering secure digital payment services in the region as it partners with MeaWallet , the digital payments enabler specialising in card tokenisation. Push provisioning streamlines the card issuance process to digital wallets.

Digital Payments 64

Digital Payments Push-to-Card Online and Mobile Banking Payments 64

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

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

Finovate

OCTOBER 10, 2024

The new re-authentication procedures are designed to help combat the threat of Authorized Push Payment (APP) fraud. “ANNA was one of the first in the industry to start pushing these changes live and we continue to make updates and improvements,” ANNA Chief Compliance Officer Leven Li said. came online this week.

Authentication 59

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

Finovate

OCTOBER 14, 2024

International challenger bank Revolut is pushing further into the business-to-business space this year. uptime, is geared toward helping businesses manage transactions efficiently and securely across multiple physical locations. per transaction. and Ireland. The new payment terminal, which is wireless and claims 99.9%

Payment APIs and Integration 40

Payment APIs and Integration Multi-Currency Point-of-Sale (POS) Push-to-Card 40

Fintech News

SEPTEMBER 9, 2024

His background includes time at Credit Suisse, where he helped facilitate major transactions for companies such as Lyft, Meta Platforms, and GoDaddy. His background includes time at Credit Suisse, where he helped facilitate major transactions for companies such as Lyft, Meta Platforms, and GoDaddy.

Cross-Border Payments 109

Cross-Border Payments Cross-Border Push-to-Card Real Time Payments 109

PYMNTS

DECEMBER 19, 2019

Customers can click on the QR transactions option and use their smartphone’s camera to scan the code. Customers can click on the QR transactions option and use their smartphone’s camera to scan the code. No cards are needed. Customers can use a QR code to send and receive money in seconds. billion as of June 30, 2018.

Transactions 52

Transactions IBAN Push-to-Card Facilitators 52

PYMNTS

JULY 31, 2019

Square is expected to publish impressive revenue growth in their second-quarter earnings report on Thursday (July 31), due largely to increased transaction revenue. The company also released Q2 guidance in last quarter’s report, which forecasted lower than expected revenue, although P2P and digital payments have continued to expand.

P2P 49

P2P Transactions Push-to-Card Bitcoin 49

Fintech Finance

APRIL 17, 2024

The Spanish card payments market is forecast to grow by 8.9% GlobalData’s Payment Cards Analytics, reveals that card payment value in Spain registered a growth of 22.5% The growing acceptance of payment cards by retailers and the advent of contactless technology are set to reduce the share of cash within the economy.”

Point-of-Sale (POS) 52

Point-of-Sale (POS) Push-to-Card Contactless Payments Payments 52

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

Fintech Finance

AUGUST 29, 2024

By replacing traditional passwords and OTPs, the Mastercard Payment Passkey Service makes transactions not only faster, but also more secure against fraud and scams. In India, the incidence of fraud cases has surged by nearly 300% in the last two years, as reported by the Reserve Bank of India’s Annual Report for 2023-2024.

Visa 105

Visa Security Authentication Payments 105

The Fintech Times

FEBRUARY 16, 2024

Putting worries to ease, Revolut has provided its customers with an added layer of security protection, on top of the technology already in place, to detect APP ( authorised push payment ) scams, where criminals trick the user to get them to transfer money to another account.

Scams 72

Scams Push-to-Card Financial Crimes Origination 72

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

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

Neopay

MAY 28, 2024

“ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 “ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 Criminals stole £1.17 Banks prevented a further £1.25

Scams 52

Scams Push-to-Card Romance Scams Crime 52