Report: Global digital payments to reach $3.6 trillion in 2016
Payments Dive
MARCH 21, 2016
A new study from Juniper Research argued that the recent surge in contactless payments would continue.
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Payments Dive
MARCH 21, 2016
A new study from Juniper Research argued that the recent surge in contactless payments would continue.
FICO
SEPTEMBER 27, 2016
FICO research consistently shows that older consumers have higher FICO® Scores than their younger counterparts. To get to the bottom of this, FICO conducted fresh research on credit behavior trends by age. To get to the bottom of this, FICO conducted fresh research on credit behavior trends by age. Is this cause for concern?
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Fintech News
JUNE 9, 2025
Indonesia’s fintech sector continues to grow rapidly, driven by strong digital adoption and government support for financial inclusion. The move marks a strategic step in the company’s regional expansion and its aim to support financial institutions in Southeast Asia’s largest economy.
Finextra
JUNE 11, 2025
Unified Payments Interface (UPI) (2016): The game-changer. Demonetization (2016): While disruptive, it acted as a strong catalyst for digital payment adoption, pushing a large segment of the population to explore cashless transactions. Its simplicity, interoperability, and low cost made it an instant success.
FICO
AUGUST 23, 2017
Our latest research reveals that, over the last 10 years: The percentage of middle-aged and older population carrying student loans has doubled. 2016 Oct. % △ 2016 over 2006. This trend is going to continue. 2016 Oct. % △ 2016 over 2006. Bankcard 2016 Oct. population. Let’s look at the numbers.
PYMNTS
SEPTEMBER 22, 2016
Kiplinger reported that “continued strength in spending on food and services still signals a confident consumer.”. We take a look at some of the mobile news in 2016 to see what the holiday season and 2017 may have in store. Perhaps, if doing so is convenient and hassle-free. Autoplay May Not Mean Autopay. will increase by 33.8
The Paypers
JUNE 20, 2025
This builds on a long-established partnership that started in 2016, created to enable Thai businesses and citizens to transact more conveniently. The two companies signed a new multi-year agreement, which will power PromptPay, the region’s RTP platform, to help develop Thailand’s growing digital economy.
PYMNTS
DECEMBER 16, 2020
Founded in 2016, Form3’s cloud-native, API platform powers FIs to securely and efficiently run and scale their payments infrastructure. . Recent PYMNTS research indicated that 90 percent of consumers want to get paid faster, however they are not usually given a choice. Dobbie will join Form3’s Strategic Advisory Board.
Finextra
JULY 1, 2025
Stabelo currently has about 30 employees and will continue to operate in the mortgage market under its own brand. The company was founded in 2016 and Hampus Brodén will remain as CEO. The initial purchase price is SEK 350 million ($37m) and the final purchase price will depend on Stabelos development up to and including 2028.
FICO
SEPTEMBER 13, 2016
When I last blogged about the national distribution of FICO® Scores a year ago , US consumer credit quality was continuing to climb upwards, though with some potential indications of change ahead. The number of consumers scoring in the super-prime range of 800 or above has continued to grow. as of April 2016. in April 2016.
PYMNTS
OCTOBER 6, 2016
Retailers continue to rely on paid search and email marketing channels, but mobile marketing and social media are continuing to increase in popularity as a way for businesses to grow their customer acquisition, according to a new study.
PYMNTS
MARCH 17, 2020
million for which the seller had bought the home in 2016. director of research for the real estate consulting firm, said at the time that job growth, consumer confidence, a drop in mortgage rates, and stock market strength could be credited for the rise. million, which the brokerage said was under the $15.4
PYMNTS
NOVEMBER 15, 2016
Research by Kaspersky Lab revealed that when the holiday shopping season unofficially kicks off on Block Friday, the number of financial phishing attacks is expected to surge. Over the last few years, researchers have noted that the peak season for sales can also be a peak busy season for cybercriminals. In 2015, 34.33
PYMNTS
SEPTEMBER 14, 2016
Mid-sized retailers are missing the mark when it comes to investing in their omnichannel initiatives, according to a new research report from Freestyle Solutions, a provider of order management software for retailers and brands.
PYMNTS
OCTOBER 19, 2016
The mobile eCommerce wave has continued to grab top of mind — and top of consumer wallets — having made impressive inroads into the way people spend, as well as when and how. Javelin Research said on Tuesday (Oct. 18) that its latest research shows that commerce on the go, so to speak, leapt 60 percent last year to hit $120 billion.
Finextra
JUNE 30, 2025
A few highlights: JPMorgan launched a ChatGPT-like internal tool (“IndexGPT”) to assist wealth advisors with research. Morgan Stanley rolled out a GPT-4 powered assistant for its financial advisors (to query internal research databases). Furthermore, 69% of UK institutions expect even more benefits as they continue to innovate with AI.
CB Insights
JULY 6, 2017
If you are a startup in the drone space, add or edit your profile directly at the CB Insights Editor to get in front of our research team. Drones companies continue to see increased investor interest, with 2016 setting another … Continued.
PYMNTS
SEPTEMBER 13, 2018
Unfortunately, experts don’t believe ransomware attacks will let up anytime soon, with recent research from Datto finding that these attacks cost small businesses $301 million worth of ransomware money in 2016. Ransomware attacks are often a small business owner’s worst nightmare.
CB Insights
MAY 27, 2020
across 404 deals, marking the worst Q1 since 2016 for fintech deals and the worst Q1 for funding since 2017. Some investors continued to cut checks in Q1, b ut which investors have remained active through the boom and bust over the past year? The quarter saw fintech activity fall to $6.1B REGISTER NOW: FINTECH WEBINAR. First name.
CB Insights
JUNE 21, 2017
If you are a startup in the ed tech industry, add or edit your profile directly in the CB Insights Editor to get in front of our research team. Deals to ed tech startups are rebounding after a dip in 2016 ended … Continued.
PYMNTS
JUNE 24, 2020
Global m/eCommerce continues to evolve and is expected to reach $4,574 billion by 2023,” according to Allied Market Research. That’s up from $601 billion in 2016. “Interoperability is key to a digitally connected payments ecosystem.”.
PYMNTS
NOVEMBER 7, 2016
New research from Sage finds that small businesses in the U.K. Those costs can rack up in a number of ways, researchers found. Sage researchers, for another report, its annual Payments Landscape study, also found that the importance of cash is on the wane. The Cardtronics 2016 U.S. are losing out on $11.8
CB Insights
APRIL 18, 2023
Unicorn births fall to 1 for the first time since 2016. The post The State of Fintech in 5 charts: Funding rebounds due to Stripe, while deals continue to fall appeared first on CB Insights Research. Fintech M&A exits rebound, increasing 15% QoQ. Banking funding and deals hit lowest levels since Q2’17.
PYMNTS
JULY 20, 2020
We are delighted to be expanding our relationship with Tide to continue to develop and offer their ground-breaking services to small business owners.”. Tide, which launched in 2016, has its headquarters is in London. According to Tide research, late payments represented a total of 50 billion pounds ($62.3 billion) for U.K.
Finextra
JUNE 18, 2025
Twelve years on, the journey continues — driving payments toward a more open, interoperable, and innovative world. They are now evolving to incorporate Instant Payments , and will likely move to integrate the Digital Euro in the future.
Payments Source
JANUARY 1, 2018
This wealth of data comes from DiscoverOrg’s own primary research based on surveys conducted with mid- to high-level professionals in the Marketing Department. In Q3 2016, 42% of respondents identified this difficulty, while in Q3 2017, 45% said it was a pain point. Customer experience solutions. Marketing CRM solutions.
CB Insights
JUNE 17, 2021
GV (Google Ventures) is the most active big tech venture arm by a wide margin, participating in 45 fintech funding rounds between 2016 to 2021 YTD. In big tech’s race to become the go-to app for banking, shopping, and connecting, legacy banks face the continued threat of being further pushed out of the financial system. .
FICO
JUNE 22, 2016
Pew Research, 2016 ). However, new FICO research points to just the opposite. Indeed, FICO’s research shows that just 64% of Millennials 18-24 have credit cards. Continuous Improvement – Using market data to create a continuous feedback loop sharpens both marketing and credit decisions for increased revenue and profits.
PYMNTS
NOVEMBER 21, 2016
However, a new study from KPMG revealed that Chinese shoppers still have a strong preference for doing extensive research prior to making online purchases, even as their eCommerce activity continues to grow, Jing Daily reported. KPMG’s “ China’s Connected Consumers 2016 ” report surveyed 2,560 Chinese consumers and discovered that 60.8
PYMNTS
NOVEMBER 14, 2016
The T&E firm said those funds, spent between 2014 and 2016, signal a new sense of confidence businesses have in the on-demand economy, with SMEs leading adoption rates as they look for more flexible corporate travel offerings and as hotel rates continue to rise. Brexit vote. A 1.61% decrease in U.S.
PYMNTS
DECEMBER 29, 2016
FinTech Continues Its Disruption. In a recent interview with PYMNTS, Mike Galarza, founder and CEO of AP automation firm Entryless, touted 2016 as the year that corporates stopped relying on banks. “As But Banks Continue To Thrive. The list of cyberattacks on banks from 2016 is long. Fraud Prevention Remains Paramount.
Finextra
JUNE 6, 2025
This was compounded by many installations continued to run past software releases instead of updating to the current release. Further compounding the situation was coders were using poor documentation practices.
PYMNTS
NOVEMBER 21, 2016
billion was invested in FinTech startups in Q3 2016 , calculated KPMG and CB Insights in their most recent Pulse Of Fintech report. It’s impressive, but researchers noted that it’s a drop in VC investment compared to the quarter previously. and Europe dominated in 2015. 83% of U.S.
PYMNTS
JANUARY 2, 2019
While commercial card innovation certainly accelerated in 2018, progress can always continue. Recent Capital One research also uncovered how sluggish mobile payments adoption has been in the corporate setting. “Mobile wallet payments amounted to $75 billion in 2016, and they’re projected to roll in $500 billion by 2020.
Finextra
JUNE 26, 2025
The very factors driving digital adoption thus amplify the necessity for robust security measures, initiating a continuous and dynamic contest between technological innovation and efforts to prevent fraud. These schemes can be sophisticated, involving detailed research into a companys procurement processes and even insider collaboration.
The Fintech Times
SEPTEMBER 14, 2024
Governmental initiatives In 2016, the Taiwan government launched a new industrial development policy to expedite transformation and upgrades – the ‘Five Plus Two’ Industrial Innovation Plan. Fintech will continue to play a vital role in shaping Taiwan’s future development.
PYMNTS
OCTOBER 23, 2018
“As the economy continues to grow more global, the ability to provide services such as automated currency conversion will become more essential for local and regional banks,” said David Kretz, BofA Merrill head of global payments for its Global Transaction Services (GTS) unit.
PYMNTS
AUGUST 19, 2020
In an interview with Karen Webster, Brian Bogosian , CEO at sticky.io , an integrated eCommerce subscription management and recurring billing platform, said that Apple’s continued push into subscriptions is only one example of the allure of subscription eCommerce, and where it is headed. As joint research between PYMNTS and sticky.io
PYMNTS
DECEMBER 24, 2020
PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. percent in Q1 2020, but roughly even since 2016. D2C Explodes.
PYMNTS
MAY 29, 2018
In 2016, researchers at Citizen Lab — a group that investigates surveillance technology — revealed that they discovered NSO software in a link sent to the phone of a human-rights activist in the United Arab Emirates, and that the software was being used by foreign governments to spy on citizens.
Fintech News
JANUARY 7, 2024
Fintech companies require adequate access to capital to grow, invest in research and development (R&D) and expand their reach, making capital access critical for the development of the fintech sector and subsequently digital payments, the report says.
FICO
JANUARY 11, 2017
New FICO research shows that not this not the case. Looking at credit bureau data as of July 2016, medical collections reporting – both paid and unpaid collections greater than $99 – breaks down by age as follows: While the peak of this curve occurs at age 27, the rate of consumers with medical collections is uniformly high for ages 24 to 46.
PYMNTS
DECEMBER 5, 2018
India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation.
PYMNTS
OCTOBER 24, 2016
As this new sector of the workforce continues to grow, PYMNTS is launching the Gig Economy Index™ in order to understand who they are, the services they provide within this economy and the percentage of their overall income the gigs represent. Index research backs up Beneschott’s statements. About The Index.
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