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

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

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 billion by late 2022.

FinTech 133

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

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

FEBRUARY 14, 2017

JPMorgan Chase reportedly passed $1 trillion in merchant processing volume in 2016. announced a partnership with Intuit that will allow Chase customers to easily load their account data into Mint, TurboTax Online and QuickBooks Online financial management applications. Last month, JPMorgan & Chase Co.

Online and Mobile Banking 67

Online and Mobile Banking ATM Client Management Consulting 67

Finextra

JUNE 18, 2025

For example, contactless acceptance and PIN Online have been supported in nexo protocols since the beginning, whereas some countries took over 10 years to roll them out. nexo protocols have since been adopted by major players across Europe and beyond — not only for card payments but also supporting mobile and QR Code -based payments.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

PYMNTS

AUGUST 23, 2019

Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of the most front-and-center examples. A study from Juniper Research found that mobile ticketing is becoming mainstream in sports, with users predicted to spend $23 billion via mobile in 2023, up from $14 billion in 2019.

Online and Mobile Banking 79

Online and Mobile Banking Push-to-Card Credit Cards Debit Card 79

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

OCTOBER 25, 2024

The country’s journey from a cash-dominated economy to a digital leader began to take shape in 2016, a pivotal year for India’s financial arena. In 2016, two key events changed India’s approach to digital finance. The second event was the government’s sudden demonetisation of the 1,000 and 500 rupee notes in November 2016.

Digital Payments 59

Digital Payments FinTech Online and Mobile Banking Financial Inclusion 59

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Small Business 74

Small Business Online and Mobile Banking Checks Fraud Detection 74

PYMNTS

JULY 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. In its Q2 2019 financial release , Bank of America also gave updates on its mobile and digital efforts. billion for U.S.

Zelle 47

Zelle Online and Mobile Banking Debit Card Payments 47

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

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 107

BNPL Online and Mobile Banking Credit Limit Credit Cards 107

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. continues to climb.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

SEPTEMBER 7, 2016

Wearables are becoming the must-have of mobile devices. Sales of smartwatches grew by 89 percent in the first six months of 2016 compared to the same period in 2015, which is a marked improvement after a slow initial sales period. Over 1 million watches were sold in the first half of 2016. Trupay’s UPI.

Online and Mobile Banking 40

Online and Mobile Banking Mobile Payments P2P Credit Cards 40

PYMNTS

SEPTEMBER 12, 2016

PayPal may have ended its relationship with eBay, but it has been aggressively pursuing the store payments space by striking deals with Visa earlier in 2016 and with Mastercard on Sept. PayPal is intent on being accepted as a method of payment at store checkouts throughout Mastercard’s and Visa’s mobile contactless payments systems.

PayPal 64

PayPal Online and Mobile Banking Visa Venmo 64

PYMNTS

SEPTEMBER 30, 2016

The CFPB doesn’t like it and has decided it needs to go – and just like Wells was the big fish on the line for the ongoing crackdown/smackdown of big banks, nailing the startup that went to market as the kindler, gentler side of payday loans may be the example that’s held up to put the rest of the industry out to pasture. Better not.

CFPB 69

CFPB Online and Mobile Banking Bots Same Day ACH 69

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

JANUARY 13, 2017

Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. 13) — that would be JPMorgan Chase, Wells Fargo and Bank of America. As for bank earnings, themselves: JPMorgan stands out with a sizable beat on the bottom line with $1.71

Consumer 40

Consumer Online and Mobile Banking Credit Cards Volume 40

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 Micro-Entry Advisors 77

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

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

OCTOBER 31, 2016

“They’ve been using online banking; they’ve been paying bills online. According to its 2016 Appification of Small Business Report , 68 percent of SMEs across the U.S., and Australia already use mobile- or web-based apps, which promotes automation and more efficient use of time, Intuit said.

B2C 77

B2C B2B Small Business PayPal 77

PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters , traditional banks will feel the impact if FinTechs start offering services such as payments, crowdfunding, mobile banks and online trading.

Regulations 40

Regulations Rules FinTech Online and Mobile Banking 40

CB Insights

DECEMBER 7, 2017

Originating, processing, and underwriting a home loan with a large bank lender still requires faxes and snail mail and take almost as long as it did 20 years. Non-bank lenders are becoming much bigger players in mortgages. In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post.

Non-Bank 69

Non-Bank Online and Mobile Banking Origination Underwriting 69

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent of total payments by volume in 2017 and debit responsible for 26.5 percent and 21.5

Online and Mobile Banking 51

Online and Mobile Banking Governance Government Digital Payments 51

PYMNTS

JANUARY 2, 2017

In 2016, the PYMNTS.com Tracker series kept tabs on practically everything within the payments and commerce ecosystem, from A to Z (that’s ACH transfers to Ziosk). Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders.

ACH 49

ACH Online and Mobile Banking Cross-Border Same Day ACH 49

PYMNTS

JANUARY 26, 2017

Apple has surely managed to deliver a lot of hype with the launch of its mobile payments platform, but according to the numbers so far, it hasn’t really managed to deliver a hit. 2016, that figure had fallen to 22.4 For some of the card-issuing banks, we are able to distinguish payments made with Apple Pay from other payments.”.

Online and Mobile Banking 60

Online and Mobile Banking Transactions Mobile Payments Credit Cards 60

FICO

AUGUST 26, 2021

It’s a question FICO’s fraud head honcho, TJ Horan, pondered back in 2016 , when the nascent real-time person-to-person (P2P) payments service Zelle was relaunched by a small consortium of banks (see below). in addressable payment volume. “Do you Zelle?” COVID Has Given a Permanent Boost to Real-Time Payments?

Real Time Payments 52

Real Time Payments Zelle Federal Reserve Wire Transfer 52

PYMNTS

NOVEMBER 2, 2018

Western Union processes an average of 32 transactions every second on its platform and moved $300 billion across 130 currencies in 2017, and Ersek said it is more than capable of handling Amazon volume. . “W The main draws, according to Forrester, are choice, quality and cost for consumers to shop online from overseas.

Online and Mobile Banking 49

Online and Mobile Banking Cross-Border B2B Push-to-Card 49

PYMNTS

AUGUST 19, 2016

This could encourage the patronage of traditional consumers who are used to financial exchange through a bank or other service provider by easing the transition to digital transactions. According to The CoinTelegraph , in Japan, there has been a rise in the value amount of bitcoin trades since the first half of 2016. Regulation.

Bitcoin 44

Bitcoin Digital Currency Blockchain Payment APIs and Integration 44

PYMNTS

DECEMBER 9, 2019

Federal Reserve Banks, electronic payments are on the rise. The overall volume of transactions was up 5 percent year on year to 43 payments, dominated by purchases at about 34 of those transactions with bill payments making up the remainder. The Fed banks said that 14 percent of respondents reported making zero payments.

Fed 56

Fed Debit Card Consumer Federal Reserve 56

PYMNTS

APRIL 28, 2017

Buying items online has become a regular everyday occurrence. While Pew Research shows 79 percent of Americans shop online, it also found that 82 percent place a high value on factoring reviews into their purchasing decisions. RS: WeGoLook is a mobile technology company that’s changing the way the world works.

Authentication 57

Authentication Online and Mobile Banking On-Demand Duplicate 57

PYMNTS

SEPTEMBER 9, 2016

Square Cash is trying to turn around its money-losing proposition, launching a new service that enables people who receive a payment via Square Cash to cash out the money to a bank account in real time. However, payment volumes were strong in Q2, and losses were reined in. The catch: They have to be willing to pay a fee of 1 percent.

Online and Mobile Banking 40

Online and Mobile Banking Payments Venmo Mobile Payments 40

PYMNTS

APRIL 28, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. On mobile, attackers have already run into ransomware problems.

Ransomware 62

Ransomware End User Crime Authentication 62

PYMNTS

MAY 22, 2017

9, 2016, a surprise announcement by India’s Prime Minister Narendra Modi demonetized 500 and 1,000-rupee bank notes, essentially removing from circulation 86 percent of the country’s currency (in a heavily cash-reliant society). percent increase over the same period in 2016. On the night of Nov. billion, a 0.6 million to 6.3

Online and Mobile Banking 41

Online and Mobile Banking Digital Payments Non-Bank Settlement 41

CB Insights

JUNE 5, 2019

Ford and Intel have teamed up on a project called Project Mobil, in which a dashboard camera uses facial recognition to identify the primary driver of a vehicle or other authorized drivers, such as family members. Banks use facial recognition for authentication. Amazon filed a patent for a similar payment method in 2016.

Technology 78

Technology Law Enforcement Online and Mobile Banking Authentication 78