Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 136

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 136

PYMNTS

SEPTEMBER 28, 2020

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD).

Mobile Payments 135

Mobile Payments Payments Use Case Contactless Payments 135

PYMNTS

FEBRUARY 18, 2020

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. This is the first time a FinTech has purchased an actual bank.

FinTech 97

FinTech FDIC Online and Mobile Banking Returns 97

PYMNTS

JANUARY 2, 2019

Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. Some financial institutions, including Bank of America and UMB Bank, have also invested in mobile B2B payments.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

Fintech News

JULY 15, 2024

billion) in 2022, according to Thant Mam Hein, assistant manager of sustainability at uab bank. Reports also show that approximately 50% of Myanmar’s adult population had a bank account in 2020, reflecting growth in financial inclusion and creating new opportunities for businesses and individuals. trillion (US$3.8 trillion (US$3.8

FinTech 113

FinTech Online and Mobile Banking Financial Inclusion Payroll 113

The Fintech Times

FEBRUARY 4, 2025

Mobile phone usage in Senegal has surpassed 60 per cent this year. Mobile money, in particular, has had a significant impact, with over 70 per cent of adults in Senegal reporting its use within the last 30 days. Despite this digital advancement, only seven per cent of the population utilises traditional financial services.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Stax

NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

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

Wharton Fintech

OCTOBER 30, 2023

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. A really big part of that is the core banking system.

API 130

API Online and Mobile Banking FedNow Credit Union 130

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. South Korea Is Mega Mobile. Korean consumers see no evil in mobile payments. is that Android mobile users in the U.K.

Mobile Payments 79

Mobile Payments Online and Mobile Banking Payments Digital Currency 79

PYMNTS

NOVEMBER 28, 2016

For years, financial institutions have relied heavily on face-to-face interactions at the bank branch in order to determine the financial needs of their customers. But today, banks are struggling to make these complex decisions because, in many branches, customers are nowhere in sight. How can banks truly do more?

Online and Mobile Banking 72

Online and Mobile Banking Mobile Payments Checks Consumer 72

FICO

SEPTEMBER 22, 2016

Of course, many of our clients want to know more about millennial banking habits. FICO’s latest US consumer research survey found that large numbers of millennials are using their bank’s mobile application regularly. As millennials flock to peer-to-peer mobile payments, Venmo has seen explosive growth. in Q1 2016.

Mobile Payments 64

Mobile Payments Venmo Online and Mobile Banking Payments 64

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. It’s been 20 months, and we tried to get a debit card from some of the largest banks. The world doesn’t need another bank,” Poovala told Webster. Widening Debit’s Acceptance.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. The study outlines several contributing factors driving this surge in eCommerce transaction popularity, including the rise in consumer confidence in online security measures. In 2016, U.K.

Rules 52

Rules Online and Mobile Banking Card Association Contactless Payments 52

PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

Digital Payments 93

Digital Payments Accounts Zelle Online and Mobile Banking 93

PYMNTS

NOVEMBER 24, 2016

Mobile will likely get lot of quiet thanks during the next few day — and the holiday season in general, if for no other reason than it helps the season of peace remain, well, peaceful. And mobile players are learning that customer need more than just as ability to pay in a different way — they also need a reason.

Online and Mobile Banking 72

Online and Mobile Banking PayPal Push-to-Card Mobile Payments 72

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Affinity Federal Credit Union is one such CU that began upgrading its systems in 2016 as the New Jersey-based CU began its evolution to an automated service model.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

Open Banking Excellence

AUGUST 23, 2023

When generative AI arrived, it already had a huge infrastructure to draw upon, as well as the staggeringly large corpus of human knowledge published online during the past few decades. 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

FICO

DECEMBER 4, 2017

As the proud winner of my local fantasy league’s 2016 trophy (pictured above), I’m keenly focused on gearing up for my 2017 playoff run. Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Mobile Payments Proliferate. I’m concerned about the emergence of yet another opportunity for mobile payments fraud.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

PYMNTS

SEPTEMBER 27, 2016

One where a trip to the grocery store or the bank is a thing of the past (if it isn’t already). In 2016, 5 percent of U.S. consumers preferred shopping for groceries online and having them delivered to their homes. online grocery sales amounted to about $7 billion in 2015 and are expected to rise to $18 billion by 2020.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

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

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

Mobile Payments 55

Mobile Payments Online and Mobile Banking Authentication Payments 55

PYMNTS

OCTOBER 17, 2016

Monday, October 17, 2016: Banks are getting a front seat in the mobile wallets war. Positioned as the faster way to pay online and “on your phone” using your bank. Banks are on the frontline of the #mobilewallet war. — Karen Webster (@karenmpd) October 17, 2016. Subtle, but made the point.

Online and Mobile Banking 66

Online and Mobile Banking Visa 66

Fintech News

APRIL 13, 2025

Billion One of Indias original fintech pioneers, Paytm has been a household name since the early days of mobile wallets and QR-code-based payments. Unlike some flashier names, Pine Labs has quietly built essential infrastructure powering offline-to-online commerce across the region. Paytms funding story is nothing short of massive.

FinTech 74

FinTech Online and Mobile Banking Finance Push-to-Card 74

PYMNTS

JULY 14, 2017

Power has found that while more Canadians are utilizing and happy with mobile banking, customer satisfaction with other banking channels and services is on the decline. Power 2017 Canadian Retail Banking Satisfaction Study, in conjunction with the J.D. According to a press release announcing the news, the J.D.

Mobile Banking 43

Mobile Banking Online and Mobile Banking Addressing On-Demand 43

PYMNTS

DECEMBER 15, 2016

PayPal’s made it pretty clear that enabling consumer choice means giving consumers the ability to use their preferred method of payment inside of their PayPal wallet anywhere they’d like to shop — in-store, online and in-app. And, in many ways, they level the playing field for smaller FIs to play alongside of their big bank brethren. “We’re

PayPal 85

PayPal Online and Mobile Banking Issuers Credit Cards 85

FICO

FEBRUARY 23, 2016

The China Financial Certification Authority expects that mobile banking customers will account for around 24% of the total e-banking users in 2015, and that 40% of those will buy financial products through their smartphones. So far, in just over a year, the bank has received more than 3.5 April 26-29.

Online and Mobile Banking 58

Online and Mobile Banking Credit Cards Advisors Mobile Banking 58

PYMNTS

MARCH 23, 2017

Adoption of mobile payments has been anything but explosive. According to data from PYMNTS and InfoScout, as of June 2016, more than a third of survey respondents said they rarely consider using Apple Pay. Bank’s President of Corporate Payment Systems Jeff Jones, corporates want to give mobile payments a try.

B2B 51

B2B Online and Mobile Banking Commercial Card Mobile Payments 51

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Online and Mobile Banking 44

Online and Mobile Banking Economy Data Breach CFPB 44

Clearly Payments

AUGUST 24, 2024

According to Visa, tokenized transactions accounted for 85% of all mobile debit transactions in North America in 2023. World Bank data indicates that global remittances reached $794 billion in 2023. World Bank data indicates that global remittances reached $794 billion in 2023.

Debit Card 105

Debit Card P2P Cross-Border Central Bank 105

Fintech Finance

JULY 15, 2024

The European Union’s leading bank, BNP Paribas and Ant International , a digital payment and financial technology leader, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Treasury Management Treasury 98

PYMNTS

OCTOBER 25, 2016

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. Developments in EMV, biometric and mobile technologies can be seen in the marketplace, as well as at Money20/20. ” Around the Digital Identity world. About The Tracker.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

PYMNTS

APRIL 30, 2018

But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. The FI said this statistic is two percentage points higher than last year’s report, and a whopping 25 percentage points up from 2016 levels.

Small Business 57

Small Business Online and Mobile Banking Credit Union Laws 57

PYMNTS

NOVEMBER 17, 2016

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. That may be particularly scary since Forbes reported that Mark Zuckerberg of Facebook got his social media accounts hacked for the third time in 2016.

Security 76

Security Consumer Online and Mobile Banking Compromise 76

PYMNTS

APRIL 12, 2019

billion people, of whom at least 725 million have mobile devices. Founded in 2012, Jumia became the first African unicorn startup in 2016 after a $326 million funding round that included Goldman Sachs, AXA and MTN. retailers online in markets across Africa, according to reports. billion, according to reports.

Online and Mobile Banking 83

Online and Mobile Banking Financial Inclusion Digital Payments Economy 83

PYMNTS

JUNE 7, 2017

The latest Expectations & Experiences consumer trends survey from Fiserv , a leading global provider of financial services technology solutions, finds that consumers are paying more bills from mobile devices while slowly starting to venture into digital wallets.

Consumer 46

Consumer Online and Mobile Banking Debit Card P2P 46