PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Yet, as 2018 was coming to a close, Facebook was hit with just a bit more bad news. The Facebook Follies.

Push-to-Card 49

Push-to-Card Privacy Contactless Payments Consumer 49

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. Despite there being some variety of “Pay” for every day of the week, none have garnered even a 10 percent usage rate among consumers. It hasn’t been easy.

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

CB Insights

DECEMBER 4, 2019

Instead, Amazon has taken the core components of a modern banking experience and tweaked them to suit Amazon customers (both merchants and consumers). Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. Increase the number of customers on Amazon, and enable each customer to spend more. Amazon Payments.

Online and Mobile Banking 101

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

CB Insights

AUGUST 23, 2018

Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results. First Name.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

Fintech News

OCTOBER 10, 2024

Banks push for digitalization According to the report, large banks are at the forefront of the sector’s digital transformation. This dynamic ecosystem is supported by regulatory advancements and collaborative partnerships, which are expected to continue fostering innovation and growth in the sector.

Payment APIs and Integration 123

Payment APIs and Integration Innovation Push-to-Card API 123

PYMNTS

JANUARY 7, 2020

By creating new divisions, the company may be training a brighter spotlight on its consumer banking efforts. Goldman said in a filing with the Securities and Exchange Commission that it had created a Consumer and Wealth Management unit. billion seen in December 2018. billion for the quarter that ended Sept.

Consumer 53

Consumer Push-to-Card Credit Cards Continuity 53

PYMNTS

JANUARY 7, 2020

By creating new divisions, the company may be training a brighter spotlight on its consumer banking efforts. Goldman said in a filing with the Securities and Exchange Commission that it had created a Consumer and Wealth Management unit. billion seen in December 2018. billion for the quarter that ended Sept.

Consumer 52

Consumer Push-to-Card Credit Cards Continuity 52

PYMNTS

AUGUST 6, 2020

Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 trillion in 2018. Only 26 percent of all consumer purchases in the U.S. are made with cash , for example, and 63 percent of consumers have at least two credit cards.

Regulations 98

Regulations B2B Instant Payments Payments 98

PYMNTS

MARCH 13, 2019

Whether its receiving loans from their financial institutions (FIs), getting rebates from merchants or receiving on-demand payments, consumers want more options in how they receive their disbursements. When it comes to receiving disbursements, there is a growing gap between what consumers want and what they get, the Index highlighted.

Direct Deposit 54

Direct Deposit Consumer On-Demand Instant Payments 54

PYMNTS

MAY 10, 2017

The commerce life of a consumer is becoming more digital by the day, given the proliferation of mobile wallets, eCommerce destinations and the emerging plethora of IoT-ready devices now capable of enabling commerce for them. Solutions exist currently, of course.

Push-to-Card 73

Push-to-Card Credential Issuers Payment APIs and Integration 73

PYMNTS

DECEMBER 26, 2018

Most simply, contextual commerce means meeting consumers where they are online — they don’t have to be shopping — to enable product discovery and transactions that might spring from, say, people sharing knitting or interior decorating tips, or music fans talking about a particular band. No, think of them as miniature seminars.

Cross-Border 62

Cross-Border Real Time Payments RTP Online and Mobile Banking 62

PYMNTS

NOVEMBER 21, 2018

The paper reported that Amazon in its initial push and has been working with gas stations, restaurants and local merchants that aren’t competing directly with Amazon. The move is part of Amazon’s efforts to be a part of every aspect of consumers’ lives. consumers have been slow to embrace digital wallets.

Push-to-Card 74

Push-to-Card Mobile Payments Digital Payments Credit Cards 74

PYMNTS

JULY 16, 2018

He says the uptick is caused, in part, by the sales lasting 36 hours this year and because of the discounts Amazon is pushing, particularly on its own in-house line of electronic products. “When you think about Alexa, smart speakers and smart home products, it’s really becoming more and more [essential] to the consumer.

Push-to-Card 40

Push-to-Card Research Product Volume 40

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Consumer 48

Consumer Small Business Push-to-Card FDIC 48

PYMNTS

FEBRUARY 19, 2018

In short, while 2017 was the year of payments disruption, 2018 will be the year of the satisfied customer. In short, while 2017 was the year of payments disruption, 2018 will be the year of the satisfied customer. That doesn’t just mean consumers either. trillion: the current valuation of the U.S.

B2B 40

B2B B2C Push-to-Card Commercial Card 40

PYMNTS

FEBRUARY 26, 2020

Mastercard , like most consumer credit connected brands, was hit hard in the early days of the Great Recession. However, those trend lines soon gave way to growth in the early 2010s and beyond — driven by the digitization of commerce — with the card network’s revenue tripling in the last decade.

Visa 109

Visa Payments Push-to-Card EMV 109

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. And finally, that the banks and the card networks are the big losers.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

NOVEMBER 15, 2017

Patent and Trademark Office, shows Mastercard ’s plans to deploy distributed ledger technology to develop a platform on which credit card transactions can be completed in real-time, rather than through the current system, in which payees have to wait several days before those transactions are verified and land in their accounts. Mastercard.

Blockchain 52

Blockchain Distributed Ledger Technology (DLT) Visa Real Time Payments 52

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. When PYMNTS and Visa spoke to 2,800 consumers for the 2018 edition of the How We Will Pay study, working consumers were among the groups keenest to be paid faster.

Instant Payments 79

Instant Payments PayPal Payments Economy 79

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

Fraud Prevention 102

Fraud Prevention Account Takeovers Phishing Push-to-Card 102

PYMNTS

JULY 2, 2019

Payment bottlenecks cause problems for all types of consumers and companies, not the least of which are small and medium-sized businesses (SMBs). The two payments firms announced on Tuesday (July 2) the launch of PayPal’s Instant Transfer in Canada for SMBs and individual consumers. Typical SMBs need their money faster,” Parisi said.

PayPal 79

PayPal Debit Card Push-to-Card Small Business 79

PYMNTS

OCTOBER 14, 2020

Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report by Financial Times (FT). The way it works, since the company began testing it in the city of Kahramanmaras in 2018, is that users can send a text message and refill their cards via mobile phone.

Online and Mobile Banking 70

Online and Mobile Banking FinTech Push-to-Card Credit Cards 70

PYMNTS

JUNE 4, 2019

On Tuesday (June 4), the payment card network launched its latest initiative centered around the changes, a program called Open Banking Solutions. in early 2018, depends on open application programming interfaces ( APIs ), which allow trusted third-party developers to build services for financial institutions.

Visa 81

Visa API Disputes Push-to-Card 81

PYMNTS

AUGUST 23, 2019

In 2018, many teams switched to mobile ticketing, resulting in nearly 80 million mobile sports ticketing users. venues are no longer accepting printed tickets, instead enabling consumers to use mobile apps to gain access. No industry is immune to digital transformation. percent increase in revenue since the rollout. Mobile Ticketing.

Online and Mobile Banking 79

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

PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

PayPal 40

PayPal Zelle Online and Mobile Banking P2P 40

PYMNTS

DECEMBER 20, 2018

What’s more, Bloomberg said in 2012 it took three times longer to find a job when compared with 2018. Student loan debt isn’t the only credit issue facing consumers heading into the new year. That will push the balances to more than $1 trillion. consumers this year. Student loan debt in the U.S. There were 1.8

Credit Cards 64

Credit Cards Push-to-Card Consumer 64

PYMNTS

NOVEMBER 17, 2020

The nature of these payments means that, once they have been made, consumers cannot reverse them. They can use fraudulent invoices to scam unsuspecting businesses and consumers or hijack legitimate email correspondence during property transactions to divert funds into the bank accounts of their choosing, for example.

Scams 89

Scams Account Takeovers Federal Trade Commission Real Time Payments 89

Fintech Finance

NOVEMBER 20, 2024

Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 Financial institutions also face significant erosion of trust and rising customer attrition as consumers fall victim to APP scams.

Scams 97

Scams Real Time Payments Fraud Prevention Fraud Detection 97

FICO

MARCH 26, 2018

In February 2018 Australia launched their New Payments Platform for use by consumers. While e-wallets and person-to-person schemes offer people quick and easy ways to pay, they have been underpinned by pre-existing payment systems, either card schemes or ACH transfers. Authorised Push Payment Fraud at the Point of Transaction.

Real Time Payments 88

Real Time Payments Irrevocability Push-to-Card Payments 88

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Mexico has crafted its upcoming rules with similar developments in mind, especially as its 2018 law makes the market more attractive to FinTechs.

Online and Mobile Banking 66

Online and Mobile Banking Regulations Laws Push-to-Card 66

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

Debit Card 71

Debit Card Checks Accounts Venmo 71

FICO

SEPTEMBER 20, 2017

New rules from the UK’s Financial Conduct Authority could require new forms of communications aimed at raising awareness with consumers, increasing transparency and tackle the issue of persistent debt across the UK. From July 2018 issuers will need to prompt their cardholders if their expenditure surpasses pre-defined thresholds.

Rules 60

Rules Issuers Push-to-Card Credit Cards 60

PYMNTS

NOVEMBER 20, 2020

Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . Companies with global workforces need to overcome numerous challenges to quickly and easily pay their employees. Paying unbanked workers

Payroll 78

Payroll Direct Deposit Push-to-Card Debit Card 78

PYMNTS

NOVEMBER 1, 2018

The influx of freelancers is pushing companies to adopt even faster methods of disbursements to satisfy their need for payment speed. In the latest Disbursements Tracker , PYMNTS takes a look at the latest disbursements news and recent developments pushing us further from the paper check. Around The World Of Disbursements.

Instant Payments 75

Instant Payments Economy Real Time Payments Faster Payments 75

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. Virtual card issuance. Business lending and corporate cards. Supporting merchant partner growth. Growing the internet economy.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. Soon, consumers in many states in the U.S. The Ban on the Ban. is nothing new.

Rules 72

Rules Push-to-Card Regulations Consumer 72

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 consumer purchases made with cash. It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Cash payments are quickly falling to the wayside, with only 26 percent of all U.S.

Automation 91

Automation Process Disputes AML 91