PYMNTS

SEPTEMBER 17, 2019

However, among the more enthusiastic refrains from supporters: Cryptos will become ubiquitous as they scale into everyday retail environments. The latest move by the fast-food monarch follows efforts that stretch back to 2016, when consumers in the Netherland were able to buy their meals with cryptos, in Arnhem.

Bitcoin 85

Bitcoin Ubiquitous Volume Blocks 85

PYMNTS

SEPTEMBER 26, 2016

When we last chatted at the Innovation Project 2016, Galant and Verifone had just blown away analyst’s expectations, reporting earnings and revenue that exceeded guidance. And, this year, 2016 has been a particularly good year for making this point. But it won’t be linear – and can’t be.”.

EMV 109

EMV Economy Ubiquitous Encryption 109

Open Banking Excellence

AUGUST 23, 2023

We also have technology such as 5G, ubiquitous social media and an online knowledge ecosystem which gives AIs a vast amount of material to learn from and has massively accelerated the development of LLMs and generative AI. Then, in 2016 we introduced Einstein, which was the first comprehensive AI for customer relationship management (CRM).

AI 130

AI Risk Online and Mobile Banking CRM 130

PYMNTS

NOVEMBER 30, 2017

was raised in 2016 from £20 to £30, the overall volume of contactless payments tripled. As of 2016, total banknotes in circulation grew by 10 percent to reach £70 billion — the fastest growth in a decade, according to the Bank of England (BoE). in 2016, according to BoE’s data. When the limit on contactless payments in the U.K.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

SEPTEMBER 15, 2020

Oyster, he added, can leverage the cultural mistrust of traditional banks in Mexico with the general trust that country’s citizenry places in foreign brands (Starbucks, he said by way of example, is ubiquitous and beloved in Mexico). Widening Debit’s Acceptance. Fixing — And Verifying Business Ownership.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

Clearly Payments

MARCH 18, 2024

In consumer finance, the way we pay for goods and services is changing rapidly. We’ll break down the numbers, analyze the demographics, and uncover the driving forces behind the choices consumers are making when it comes to how they pay. This makes sense for situations where swiping a card might not be worth it.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

PYMNTS

NOVEMBER 20, 2018

That’s the idea behind the recently launched Faster Payments Council (FPC), a group of payment industry participants with the goal of providing a ubiquitous payment system with near-immediate funds availability anywhere. since 2016. Europe and Asia are also experiencing growth in the technology.

Real Time Payments 70

Real Time Payments FPC Faster Payments Payments 70

PYMNTS

JUNE 6, 2017

We’ll give a daily double for the first data point, as it’s number of ACH transactions, and the second is quoted in terms of dollars over the whole calendar year of 2016. They grew over 5 percent in 2016.”. This is the number of Same Day ACH transactions that flowed over the ACH network since launch in September of 2016.

Same Day ACH 47

Same Day ACH ACH ACH Network NACHA 47

PYMNTS

JANUARY 16, 2020

A good scented candle can be harder to find that the near ubiquitous availability of scented candles would indicate at first glance. The candles themselves aren’t inexpensive — a single candle costs $36, though consumers can pick up some savings by grabbing a three-pack for $89. But, Stone said, they are highly efficient.

Ubiquitous 57

Ubiquitous Consumer Product 57

PYMNTS

NOVEMBER 10, 2016

Looking at the name of the product alone, we imagine that the average consumer might wonder if Apple is pulling the plug on something or other. While there were myriad ideas about how to connect increasingly ubiquitous devices in people’s pockets to the web, in the East and the West two roughly parallel but different approaches emerged.

PayPal 62

PayPal Mobile Payments Ubiquitous Mobile Payment Processing 62

PYMNTS

APRIL 15, 2016

“In fact, we predict that vCommerce will grow to over $425 million in sales in 2016. It is no longer a point of contention — all major brands and any company with an established eCommerce storefront will absolutely need a virtual reality presence by the end of 2016,” Wokwicz said in the statement.

Ubiquitous 40

Ubiquitous Advisors On-Demand Product 40

PYMNTS

SEPTEMBER 30, 2016

In what was a huge blow for the DOJ who brought the antitrust case to court on behalf of merchants, the 66-page decision said that consumers weren’t harmed and if merchants didn’t like taking American Express cards because the fees were too high, they could just not take them. Imagine that. Virtual Personal Assistants.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

PYMNTS

MAY 25, 2016

With mobile ubiquitous in today’s world, innovation around mobile will continue to be a key area of focus.”. Continuous innovation enables Wells Fargo to save customers time and money, reduce fraud and drive loyalty.

Fraud Detection 40

Fraud Detection Ubiquitous Mobile Banking Mobile Payments 40

PYMNTS

JUNE 27, 2019

The volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018, while 60 percent of U.S. consumers currently order delivery or takeout once a week. Mobile ordering is more popular than ever. For more on these and other mobile order-ahead news items, download this month’s Tracker.

Account Takeovers 48

Account Takeovers Ubiquitous Verification Volume 48

PYMNTS

MAY 29, 2018

Implemented last year, the group’s EMV QR Code Specifications are designed to address transactions where the consumer presents the code, and also where the merchant does so. The Future of QR Code Payments. Doing so would reportedly encourage more of those smaller merchants and traders to accept digital payments.

EMV 48

EMV Financial Inclusion Payments Tools Online and Mobile Banking 48

PYMNTS

DECEMBER 1, 2017

” What he and the team settled on was the ability for an app and consumer credentials stored on the phone to authenticate the consumer when she enters the store, visually load products taken from store shelves into her virtual cart, build the tab and enable autopayment for those items –without ever having to stop and checkout in the store.

Authentication 60

Authentication Use Case Consumer Ubiquitous 60

PYMNTS

JUNE 27, 2017

JB: Generally, people underestimate how long widespread consumer adoption of new technology can take. A perfect example of that in the payments space is the slow consumer adoption of Apple Pay, Google Wallet and many other mobile payment technologies. billion in 2016, according to Javelin.

Innovation 58

Innovation Verification AML Money Laundering 58

PYMNTS

MARCH 16, 2016

And, of course, we have technological innovations to thank, as MPD CEO Karen Webster shared during her opening remarks at Innovation Project 2016 in Cambridge, Massachusetts, today (March 16). A world, Webster notes, where “payments and commerce can happen anywhere and anytime a consumer and a business want to transact.”.

Innovation 42

Innovation Payments Ubiquitous Wire 42

PYMNTS

SEPTEMBER 20, 2017

As business travel plays catchup to the consumer travel space and the technology deployed to improve the traveler experience, companies now enjoy a market saturated with choices for travel booking, expense management and traveler management. It’s a mirror image of what’s going on in consumer travel, too. Businesses spent $1.26

On-Demand 49

On-Demand Ubiquitous AI Adjustments 49

PYMNTS

JULY 8, 2019

They are now so ubiquitous on eCommerce sites that the average shopper might not even notice them. The share also hasn’t changed significantly since PYMNTS started tracking buy buttons in Q4 2016. billion) and attract more consumers (45 million) than average. paid by consumers for items. percent in Q1 2018 to 73.1

PayPal 51

PayPal Ubiquitous Consumer Security 51

PYMNTS

NOVEMBER 28, 2016

“Winding forward 10 years to 2016, the situation’s changed ,” Hay stated. ” Having these smaller banks participate, Hay added, is “absolutely vital” for the faster payments initiatives to truly get off the ground and become ubiquitous. And among those niche areas is B2B payments, Hay said.

Faster Payments 54

Faster Payments Real Time Payments Payments Instant Payments 54

PYMNTS

FEBRUARY 13, 2018

Tovala discounts a steam oven — relatively new technology for a residential kitchen — to entice consumers to sign up for a meal kit subscription service. The idea is to make it easy for consumers to eat healthy and, presumably, to encourage subscriptions. is not available in consumer households right now,” Funk said.

Ubiquitous 40

Ubiquitous Origination Consumer Participant 40

Finextra

JULY 7, 2025

Power survey shows consumers are largely optimistic about AI’s benefits: 72% agree AI will deliver easy, convenient self-service but also highlight areas to improve, such as building trust and ensuring human-like empathy in AI interactions. In 2016, our AI-powered super app concept gained global recognition. At the same time, a J.D.

AI 64

AI Fraud Detection Online and Mobile Banking Payment APIs and Integration 64

PYMNTS

MARCH 28, 2017

With more than 158 million transactions processed in 2016, reflecting a value of $63.8 While these may not necessarily be the greatest vehicles to exchange value, they are ubiquitous in many payment markets, which makes moving consumers and businesses away a major challenge. million per day sent. The Power Of Balance.

Faster Payments 52

Faster Payments Payments Payment APIs and Integration Near Real-Time 52

PYMNTS

DECEMBER 27, 2016

Throughout 2016, Karen Webster and David Evans, economist, MPD founder and coauthor of the number one new release on Amazon, Matchmakers: The New Economics of Multisided Platforms , have hosted The Matchmaker Is In series to gain insight into the business model from the stakeholders who keep it going. Catch more of the episode here.

Point-of-Sale (POS) 49

Point-of-Sale (POS) Consumer Ubiquitous SWIFT 49

CB Insights

OCTOBER 18, 2017

Since mid-2016, CEO Tim Cook has indicated that serious investment is being made behind the scenes, stating in an interview: “AR can be really great. One of the few major headsets available in the consumer market (along with the HTC Vive), the Oculus Rift began shipping its consumer-level version in late March 2016.

Origination 57

Origination Metaverse Technology Use Case 57

Finovate

APRIL 24, 2024

BaaSFlow With BaaSFlow, users can achieve higher growth and better consumer experiences at a fraction of the cost of a legacy core, which is often not performant, flexible, or modern enough to scale in the digital age. The company is headquartered in New York, NY and was founded in 2016.

Credit Union 59

Credit Union Payment APIs and Integration Advisors AI 59

PYMNTS

MARCH 17, 2016

consumers know about mobile payments, that doesn’t mean they are going contactless. consumers really think about mobile payments and the 3 things that are needed to boost adoption. PYMNTS: To get started, what was the aim of the 2016 U.K. Consumer Payments Study? Consumer Payments Study?

Mobile Payments 41

Mobile Payments Payments P2P Contactless Payments 41

PYMNTS

APRIL 20, 2016

In many ways, this has become a race to see who can bend over backwards the furthest to meet consumers on the level that they seem most comfortable buying at. For giants like Amazon and Walmart that have the inertia and standing to require all shoppers to log in before checking out, access to saved personal information is nearly ubiquitous.

Ubiquitous 40

Ubiquitous Digital Conversion Compromise Process 40

CB Insights

APRIL 23, 2019

solely from its licensing business , and this figure is set to rise as Qualcomm’s chips and processors become even more ubiquitous alongside 5G becoming more common. The company claims that, when ready in 2020, its 5G networks will cover more than 200M consumers in the United States — more than 60% of the population.

Technology 77

Technology CHIPS On-Demand Research 77

Clearly Payments

NOVEMBER 26, 2023

The most ubiquitous form is credit and debit cards, seamlessly accepted through various channels – be it in-person via mobile card readers, virtual terminals, or securely online through payment gateways. This is up significantly compared to 2016 when 65% of HVAC companies accepted credit cards.

Credit Card Payment Processing 52

Credit Card Payment Processing Credit Cards Process Processors 52

PYMNTS

APRIL 11, 2017

It seems when it comes time to pay the piper in the store, consumers in the U.S. In 2016 alone, the system processed 6 billion transactions at a peak rate of 529 per second. And the agent network allows consumers to get cash out of their M-Pesa accounts and make purchases in their local villages. Among female-headed households?

Online and Mobile Banking 47

Online and Mobile Banking Ubiquitous Debit Card Mobile Payments 47

CB Insights

AUGUST 21, 2018

As content becomes richer and bandwidth speeds increase, consumers will look to move beyond smartphone screens for more enhanced experiences. Virtual reality is perhaps most similar to the way we consume much digital media today, in that users must disconnect from physical reality. Unbundling the smartphone.

End User 65

End User Technology AI Acquirers 65

PYMNTS

MAY 4, 2016

Whether it’s downloading or streaming music, ordering takeout via telepathy or paying their bills, consumers expect to be enabled to complete tasks immediately. Challenges and solutions continue to emerge surrounding NACHA’s recent move toward establishing Same Day ACH payments, which are due to arrive as soon as September 2016.

Faster Payments 40

Faster Payments Same Day ACH NACHA ACH 40

PYMNTS

JUNE 29, 2017

Mobile commerce — defined as the purchase of goods and services through mobile apps — represented 90 percent of the total app economy in 2016 and will represent 95 percent in 2021. Apple created a movement that spanned across OS platforms toward truly consumer-friendly smartphones, where experience was re-imagined with “simplicity” in mind.

Push-to-Card 60

Push-to-Card Innovation Transactions Consumer 60

PYMNTS

MAY 3, 2016

The payment infrastructures used by merchants, financial institutions and consumers today are by and large separate from those that provide value-adds like marketing, advertising, loyalty, etc., As consumers move their shopping behaviors and preferences across channels, merchants are compelled to follow. he explained.

Payments 45

Payments Innovation Push-to-Card Ubiquitous 45

PYMNTS

APRIL 13, 2017

Through 2016, it had grown to feature in 180,000 locations. On the consumer end, it solves some major pain points. Waiting in line those extra minutes is painful, and the consumer demand is really potent.”. This would explain the rapid consumer adoption. Industry-wide, mobile order-ahead has grown by leaps and bounds.

On-Demand 40

On-Demand Ubiquitous Mobile Payments Innovation 40