PYMNTS

APRIL 11, 2018

2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. GDP, with volume that is more than 66 times the number of people in the U.S.

ACH Network 44

ACH Network ACH Same Day ACH Transactions 44

Fintech News

JANUARY 7, 2024

Since 2017, Pyongyang-linked threat actors have caused the loss of nearly US$3 billion worth of crypto. The stolen assets are then transferred to wallets under their control, often converted to cryptocurrencies like USDT or Tron, and then exchanged for hard currency using high-volume OTC brokers.

OFAC 114

OFAC Law Enforcement Money Laundering Cryptocurrency 114

Tearsheet

JANUARY 28, 2025

This came with a 27% increase in transaction volume YOY for the firm, showing how quickly the Zelle network is expanding. We need to deliver a strong and reliable network that can continue to grow and innovate. Leverage network effects: To achieve growth, we need to continue to optimize the experience for our users.

Zelle 52

Zelle Transactions Credit Union P2P 52

PYMNTS

FEBRUARY 19, 2019

19) that last year was a milestone year for the ACH Network with payment volume climbing to close to 1.5 The results for 2018 make clear that the ACH Network is vibrant and continues to be a vital component of the nation’s economic engine,” NACHA Chief Operating Officer Jane Larimer said in the press release. billion payments.

ACH Network 82

ACH Network ACH Same Day ACH NACHA 82

PYMNTS

NOVEMBER 9, 2017

Square continued its 2017 run of earnings strength with the release of its latest quarterly results on Wednesday (Nov. 8), notching growth in both payments volume and services revenue that came in ahead of analyst expectations. Square’s gross payment volume (GPV) was $17.4 But shares were still down 1.3

Volume 49

Volume Payments NOV Adjustments 49

Fintech Finance

DECEMBER 13, 2023

Specifically, Trustly’s RTP® volume grew 29% in transaction volume and 31% in payment value from Q2 2023 to Q3 2023. The rapid adoption of its RTP® service has led Trustly to now be approaching 10% of the RTP® network’s total transaction volume.

RTP 52

RTP Volume Real Time Payments Origination 52

PYMNTS

MAY 3, 2018

Mastercard beat estimates on Wednesday (May 2) as the company showed results that reflected higher spending on both credit and debit cards through the first quarter, as well as cross-border volumes that surged by double digits. The company said that worldwide gross dollar volume gained 14 percent to $1.4 The net revenue number of $3.6

Volume 48

Volume Visa Cross-Border Debit Card 48

Fintech Finance

SEPTEMBER 26, 2024

Since the two joined forces in 2017, Airwallex has integrated Trulioo Identity Document Verification, Business Verification and Person Match to achieve compliance and robust fraud prevention across 181 countries. That agility is crucial for supporting the company’s continuous, rapid international expansion.

Fraud Prevention 98

Fraud Prevention Verification Payment APIs and Integration Compliance 98

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement.

Chip Cards 44

Chip Cards CHIPS EMV Contactless Payments 44

Fintech News

APRIL 24, 2025

Matrixport processes over $5 billion in trading volume each month and is supported by major investors like Lightspeed, IDG Capital, and Qiming Venture Partners, according to its website. Founded in 2017 and based in Shanghai, the company now serves over 600,000 users worldwide. Nium Valuation: $1.4 CGTZ Valuation: $2.41

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 138

Finovate

MARCH 25, 2025

It has continued to evolve over time, both through internal modeling efforts and the latest external technologies. Users of Truework’s technology include eight of the top ten lenders in the US by origination volume. The company was founded in 2017.

Verification 59

Verification Payroll API Underwriting 59

PYMNTS

JUNE 29, 2020

Across industries and across the globe, industry experts continue to raise concerns about shifting B2B payment habits — often to the detriment of small vendors. That’s compared to 2017 figures, during which invoices were paid on time. What has changed, the company warned, is average days payable outstanding. ” $1.3

Payments 102

Payments B2B Volume Adjustments 102

Fintech News

FEBRUARY 15, 2024

Despite the notable pullback, fintech continued to see traction from investors, with digital lending in particular witnessing an uptake. Among the key trends outlined in the reports, the companies note a sizable decline in tech investment volumes, adjustments in valuations and a shift towards earlier stage startups.

FinTech 109

FinTech Adjustments Volume Continuity 109

The Fintech Times

MAY 2, 2025

Dr Khaled Al-Dhaher, vice governor, supervision and technology, SAMA, Saudi Central Bank, Mo El Husseiny, founder and managing partner, Ventura Capital and moderator Sir Charles Bowman, advisor to PwC UK and FinTech Growth Fund who was Lord Mayor of London between 2017 and 2018.

FinTech 64

FinTech Stablecoins Legal Framework Central Bank 64

PYMNTS

OCTOBER 26, 2017

According to CEO Alfred Kelly, Visa ended its financial year as it began, “with strong growth across payments volume, cross-border volume and processed transactions, which was bolstered by the addition of Visa Europe.” The headline was, of course, the marked increase in payment volume of nearly 10 percent (9.8 percent) to $1.93

Volume 49

Volume Cross-Border Payments Push-to-Card 49

PYMNTS

FEBRUARY 1, 2019

While rules introduced in 2017 were supposed to make it easier for foreign entities to enter the country, many companies believe China is using informal barriers to keep them at bay. In the meantime, Visa beat expectations on double-digit payments volume growth for the last quarter of 2018, with processed transactions at around 33.9

Visa 68

Visa Volume Transactions Credit Transaction 68

Tearsheet

FEBRUARY 16, 2024

“Beyond extending our partnership with Mastercard, we intend to partner on innovating for the banks that use the network by looking for additional use cases that they’ve expressed interest in and that would help drive volume across RTP,” said Lee Alexander, Executive VP and CIO at The Clearing House.

Instant Payments 119

Instant Payments RTP TCH Visa 119

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K.,

B2B 47

B2B Continuity FinTech Blockchain 47

PYMNTS

SEPTEMBER 12, 2017

That forecast comes care of “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.” The projections for continued growth in mCommerce make it essential that retailers of all sizes be properly positioned to provide an optimal experience via mobile devices.”.

Volume 82

Volume Transactions Continuity Research 82

PYMNTS

JUNE 23, 2017

Funding company Shopify Capital just released details from its Q1 2017 earnings call, which many are speculating will lead to a 25 percent return on investment (ROI). million in merchant cash advance (MCA) and $11 million in new cash advances as of April 2017, the company is likely in a solid spot.

Returns 59

Returns Volume Continuity Payments 59

PYMNTS

NOVEMBER 12, 2018

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. According to The Wall Street Journal ( WSJ ), the earnings losses follow an adjusted profit of $56 million in Q3 of 2017.

Adjustments 73

Adjustments Volume Continuity FinTech 73

Clearly Payments

OCTOBER 3, 2024

Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion 2017 $3.4 Transaction Volume : Electronic payments processed through these terminals exceed $8 trillion annually. Benefits : Ideal for high-volume merchants needing a reliable and efficient terminal.

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

Fintech News

FEBRUARY 14, 2024

Asia annual fintech funding and deals, Source: State of Fintech 2023, CB Insights, January 2024 The drop marks a continued downtrend observed in the broader global fintech funding landscape in 2022 and 2023, a trend that’s been driven by economic uncertainties, soaring inflation and a looming global recession.

FinTech 113

FinTech AI Security Volume 113

The Finance Weekly

AUGUST 30, 2022

It is unique in that it enables finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel without having to learn a new software. Although many others have dabbled with it, Jedox has been consistent and continues to provide this nice perk for businesses who are on the fence about FP&A software.

Small Business 239

Small Business Finance Automation AI 239

PYMNTS

NOVEMBER 8, 2018

Square posted results Wednesday (November 7) that showed double-digit gains in gross payment volumes, continued traction amid a base of larger merchants, and notable growth in subscription and software-based revenues. Supplemental materials provided by the company revealed that gross payment volume was $22.5

Volume 72

Volume Adjustments CHIPS Payroll 72

FICO

JULY 10, 2017

US consumers continued to show improvement in managing their debts, which began shortly after the bottoming out of the economy in 2009-2010. In fact, we reached another milestone with the April 2017 data: the number of US consumers scoring 800+ outnumbers those consumers scoring 600 or below. of the population in October 2013 to 16.5%

Consumer 75

Consumer Continuity Credit Limit Underwriting 75

CB Insights

OCTOBER 11, 2018

As online shopping volumes continue to boom and more businesses embrace electronic payments over paper-based ones, some payments startups are already well into maturity. Alipay processed more payments in a single month than PayPal processed in all of 2017 ($451B), according to reports.

PayPal 68

PayPal Payments Volume Acquirers 68

PYMNTS

MAY 15, 2019

Using machine learning and AI, the solution analyzes the volume and velocity of that data to detect anomalies in documents and transactions through the supply chain. ” IBM continues to invest significantly in blockchain to mitigate friction in supply chains. .

Mitigation 77

Mitigation Blockchain AI Facilitators 77

PYMNTS

APRIL 6, 2020

Yet, consumers continue to overwhelmingly prefer physical transactions over contactless methods. In fact, Apple Pay’s usage rate declined modestly from 2019 and to an even greater extent from late 2017, when it peaked at 6.9 percent of consumers reported using Apple Pay at the POS in early- to mid-March, and just 3.3 percent to 3.3

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

DECEMBER 17, 2020

The previous record was in 2017. . percent of its portfolio is invested in bitcoin “as a small but potent insurance policy against the continuing devaluation of the world’s major currencies.” Volumes last week were 70% above the year daily average. 17), citing crypto market data provider Coin Metrics. . EST on Thursday (Dec.

Bitcoin 75

Bitcoin Digital Currency Cryptocurrency PayPal 75

FICO

SEPTEMBER 13, 2017

In a previous post, we showed that July 2017 NCAP public record removals (civil judgments and some tax liens) had no material impact to FICO® Scores. In mid-September 2017, the three consumer reporting agencies (CRAs) are also scheduled to remove the following from credit reports: Medical collections less than 180 days old.

Assessments 74

Assessments Credit Risk Consumer Risk 74

Fintech News

NOVEMBER 20, 2024

A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-border payment specialist. This upward trend continued in 2024. The next layer will be major markets such as Brazil, Mexico where we will be submitting license applications.”

Cross-Border Payments 129

Cross-Border Payments Cross-Border B2B Due Diligence 129

The Fintech Times

JULY 20, 2024

DORA covers some aspects, but it will never be enough as we continually push the boundaries of efficiency and economic value. These disruptions indicate that many payment systems, designed decades ago, struggle with today’s transaction complexity and volume.

Payments 122

Payments Mitigation Regulations Cybersecurity 122

PYMNTS

JANUARY 2, 2019

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers. What’s more, he noted that American Express is likely going to continue investing in blockchain exploration in 2019.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

APRIL 8, 2019

However, the continued adoption of cloud accounting, and the digitization of the enterprise overall, have lowered that burden for both the seller and buyer. ” The burden of paperwork and documentation required when selling a business can catch an entrepreneur off guard.

Small Business 111

Small Business Accounts Verification On-Demand 111

CB Insights

AUGUST 11, 2017

Global VC-backed equity funding to mental health startups has reached $55M over 19 deals in 2017 YTD (8/7/17). At the current run rate, 2017 is on track to reach $92M in funding across 32 deals. The largest uptick in activity came in 2015, with deal volume up 75% year-over-year. First Name. vc annual global financing history.

Volume 58

Volume Finance Research Continuity 58

PYMNTS

DECEMBER 26, 2018

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions.

Blockchain 80

Blockchain B2B Cross-Border Payments 80