The Paypers

OCTOBER 26, 2016

(The Paypers) People`s Bank of China (PBOC) has released updated figures in regards to electronic payments, including mobile payments, and found that online payments have been growing in China since 2013.

Online and Mobile Banking 31

Online and Mobile Banking Mobile Payments Payments 31

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

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. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online and Mobile Banking 98

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

The Fintech Times

JANUARY 15, 2025

Uganda is rapidly emerging as a key player in the fintech and financial services sector within Africa, buoyed by innovations in mobile money and digital banking. These platforms facilitate a wide array of transactions, including utility payments, bank-to-consumer transfers, e-commerce transactions, and retail payments.

Online and Mobile Banking 59

Online and Mobile Banking Financial Inclusion Non-Bank FinTech 59

PYMNTS

JANUARY 29, 2018

Starting with mobile wallets. Instead of talking about 2018 as the year mobile wallets will finally ignite tactic, let’s talk instead about why this might be the year they could end up taking a backseat to something else that solves a more important problem for consumers and businesses. That’s not good news.

Online and Mobile Banking 67

Online and Mobile Banking Credential Breach Authentication 67

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. N26 is the pioneer of a freemium subscription model in banking. Value d at $3.5

Online and Mobile Banking 92

Online and Mobile Banking NOV ATM FinTech 92

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

The Fintech Times

JULY 26, 2024

The Current Account Switch Service explained that the continued upward switching trend highlights that finding the right bank or building society is still a priority for UK consumers. Online or mobile banking (43 per cent) remained the top reason people preferred their new account, a consistent trend across the last 12 months.

Accounts 69

Accounts Consumer Online and Mobile Banking End User 69

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. Since its 2013 launch, CASS has simplified switching by allowing customers to move accounts within seven working days, ensuring smooth transfers of direct debits and payments.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

Fintech News

OCTOBER 10, 2024

Released in September 2024 and supported of Singapore’s United Overseas Bank (UOB), the report explores the transformation of Vietnam’s digital economy, highlighting the key drivers propelling the sector’s growth and the emerging trends shaping the industry. The sector is currently dominated by payments and mobile wallets.

Economy 126

Economy Online and Mobile Banking Government Governance 126

Finovate

DECEMBER 13, 2023

The partnership will integrate Allied’s payment technology with the credit union’s Ultracs digital banking platform. Headquartered in Fort Wayne, Indiana, Allied Payment Network made its Finovate debut in 2013. ” Fort Wayne, Indiana-based Allied Payment Network made its Finovate debut in 2013 at FinovateSpring. .

Credit Union 64

Credit Union Payment Networks Online and Mobile Banking Funds Transfer 64

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

The Fintech Times

JANUARY 7, 2025

Consumers in the Philippines are demanding so much from online technologies, that research from Digido , the Filipino online lender, has found the digital lending market could reach $1billion in the second half of 2025. Digido revealed that in terms of market structure, non-bank digital lenders are expected to make up 55.2

Non-Bank 64

Non-Bank Online and Mobile Banking Underserved On-Demand 64

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 113

FinTech Online and Mobile Banking Blockchain Product 113

PYMNTS

FEBRUARY 13, 2020

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global eCommerce market, the companies announced on Tuesday (Feb. Payments is a critical pillar of banking services.

Online and Mobile Banking 79

Online and Mobile Banking Payments Financial Inclusion Real Time Payments 79

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Technology Component.

Online and Mobile Banking 43

Online and Mobile Banking Government Governance Legal 43

Fintech Labs Insights

MARCH 30, 2015

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. Note: The online survey was fielded in December of each year. The only sour note was the flatline of mobile banking usage among smartphone owners. Why has smartphone mobile banking stalled?

Online and Mobile Banking 33

Online and Mobile Banking Mobile Banking Non-Bank Issuers 33

The Fintech Times

JANUARY 26, 2024

The Current Account Switch Service is a free UK service helping consumers to switch a current account from one participating bank or building society to another, in seven working days. These figures take the total number of switches since September 2013 to 10.2 These figures take the total number of switches since September 2013 to 10.2

Accounts 59

Accounts Online and Mobile Banking Mobile Banking Facilitators 59

Fintech News

SEPTEMBER 4, 2024

However, recent stringent regulations imposed by the Reserve Bank of India (RBI) have significantly impacted the sector, leading many fintech companies to reassess their BNPL strategies. Similarly, Slice, originally a BNPL firm, has transitioned to offering prepaid credit cards and is now merging with North East Small Finance Bank.

BNPL 109

BNPL Online and Mobile Banking Credit Limit Credit Cards 109

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

Fintech News

FEBRUARY 20, 2024

In 2022, the country was home to 993 active fintech companies, representing about 25% of all fintech ventures operating across the ASEAN region, data from a 2022 report by the United Overseas Bank (UOB), PwC Singapore and the Singapore Fintech Association (SFA) reveal. billion to US$15 billion during the period. in July 2023.

FinTech 125

FinTech Online and Mobile Banking Payment APIs and Integration Security 125

The Fintech Times

FEBRUARY 6, 2025

Financial Hub Casablanca (Ranked globally 56th) Key Economic Development Strategy Maroc Digital 2020 Economic, financial services and fintech overview: According to the 2017 World Bank s Global Findex Report, only 29 per cent of adults had a bank account. Morocco boasts a mature mobile market, evidenced by a penetration rate of 137.5

FinTech 59

FinTech Online and Mobile Banking Financial Inclusion Laws 59

PYMNTS

MARCH 18, 2019

The financial institution on Monday (March 18) “began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 Thasunda Duckett, chief executive of Chase Consumer Banking, told the news service she “hopes the new accounts will attract more low-income individuals and people who have never had bank accounts.”

Consumer 70

Consumer Online and Mobile Banking FDIC Checks 70

PYMNTS

JANUARY 23, 2018

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or face a monthly fee. More recently, some customers expressed outrage with Bank of America’s move, with a Change.org petition landing 45,000 signatures.

Checks 56

Checks Accounts Direct Deposit Online and Mobile Banking 56

PYMNTS

JANUARY 23, 2018

Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. Bank of America was known to care for both their high-income and low-income customers. This is what made Bank of America different,” wrote San, according to CNBC. “I fee each month.

Checks 43

Checks Direct Deposit Online and Mobile Banking ATM 43

PYMNTS

DECEMBER 11, 2020

As goes banking, so goes fraud. PYMNTS December 2020 AML/KYC Tracker® done in collaboration with Trulioo probes the heightened fraud climate accompanying the mobile-digital shift, zeroing in on key aspects of prevailing in the digital fraud wars. It has ever been thus.

Money Laundering 87

Money Laundering AML Cryptocurrency Verification 87

PYMNTS

JULY 25, 2019

Customers have varying banking needs, but the global fraud phenomenon tends to have equal impacts. Banking customers are affected by attacks ranging from phishing schemes to identity scams, and it is still up to FIs to provide accurate and real-time protection regardless of where their customers are located. It is growing its U.S.

Online and Mobile Banking 65

Online and Mobile Banking Data Breach Breach Phishing 65

PYMNTS

OCTOBER 7, 2016

billion online during the run-up to Diwali, according to RedSeer Consulting. The online marketplace that allows bitcoin use, Purse, offers Amazon discounts and has a larger inventory and cheaper prices than Amazon, eBay and Google Shopping. India is the world’s largest remittance market, $69 billion, according to the World Bank.

Bitcoin 99

Bitcoin Online and Mobile Banking Blockchain Payment APIs and Integration 99

PYMNTS

MAY 18, 2018

This week, on May 17, debit-based cannabis payments solution CanPay announced its eCommerce integration , enabling customers to pay for cannabis products online via direct link to their checking account. Online, it’s easy for underwriters to see what a business is really selling.

Online and Mobile Banking 45

Online and Mobile Banking Underwriting Regulations ACH 45

Finovate

OCTOBER 4, 2024

Netherlands-based digital banking platform Plumery secured $3.3 Founded in 2022, Plumery offers a digital banking platform that enables businesses to rapidly customize and deploy their banking operations. This week’s edition of Finovate Global features recent fintech news and headlines from the Netherlands.

Innovation 64

Innovation AI Payment APIs and Integration Online and Mobile Banking 64

PYMNTS

OCTOBER 17, 2019

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. San Francisco-based Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees.

Debit Card 42

Debit Card Online and Mobile Banking Processors Accounts 42

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Online and Mobile Banking 44

Online and Mobile Banking PayPal Mobile Payments Push-to-Card 44

PYMNTS

SEPTEMBER 7, 2016

Wearables are becoming the must-have of mobile devices. Trupay is one of the first private sector companies in India to offer a mobile payment app based on a unified payment interface (UPI), according to a press release. The gloves are off in the fight for Europe’s mobile payments market. But with the impending arrival of U.S.

Online and Mobile Banking 40

Online and Mobile Banking Mobile Payments P2P Credit Cards 40

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 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Advisors Micro-Entry 77

PYMNTS

AUGUST 8, 2018

In its latest quarterly report , cybersecurity firm ProofPoint emphasized the continued reign of the bank Trojan — a strategy that accounted for 42 percent of the attacks analyzed by ProofPoint for the year’s second quarter. But the bank Trojan reigns supreme. Attackers then use that malware to access bank accounts.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

PYMNTS

MARCH 11, 2020

Key among those banks who have promised higher rates: Marcus, the Goldman Sachs banking unit, done digitally, that has staked its claim here and across the Pond with high yielding products. Every joke has a kernel of truth, and here’s that kernel, at least when it comes to banking. percent seen in July of last year.

Fed 52

Fed Accounts On-Demand Central Bank 52