Fintech Finance

JANUARY 16, 2025

As a principal member of major card schemes including Mastercard, Visa, Discover Financial Services, UnionPay International and AMEX, Guavapay is registered as Small Electronic Money Institution (SEMI) with the Financial Conduct Authority (FCA) since 2019.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

Fintech News

JANUARY 21, 2025

Top 10 sectors by deal volume in 2023 vs respective performance in 2022, Source: DealStreetAsia, Data Vantage, Jun 2024 Notable M&A transactions in 2023 included the acquisition of insurtech firm Singlife by Sumitomo Life Insurance Company at a valuation of US$1.2 Top 10 largest fintech acquisitions since Jan.

FinTech 119

FinTech Volume Transactions Acquirers 119

Tearsheet

MARCH 21, 2024

Recently Zelle said that it is on track to reach the $1 trillion payment volume mark this year, and now Stripe is stating that it too has crossed the $1 trillion in payment volume benchmark. Stripe’s annual letter also states that its payment volume rose by 25% in 2023. It seems like $1 trillion is the new hot number.

Volume 59

Volume Payments Cross-Border Cross-Border Payments 59

The Fintech Times

MAY 26, 2024

In September 2019, Konsentus started reporting on the number of regulated open banking third parties in the European Economic Area (EEA). Konsentus’ data reveals that in September 2019, 34 per cent of the total number of EEA TPPs could passport their open banking services to other EEA markets.

Cross-Border 129

Cross-Border Non-Bank Regulations Payments 129

Fintech Finance

APRIL 8, 2025

Recently ranked ninth in the Sunday Times Tech 100, Sokin was founded in 2019 with a mission to remove the barriers, borders, and costs associated with global payments, making it easier and more affordable for businesses to move money worldwide. Headquartered in the UK, Sokin enables more than $4.5

Global Payments 64

Global Payments Multi-Currency Cross-Border IBAN 64

Payments Dive

FEBRUARY 12, 2020

In 2018 alone, ACH network volume reached nearly 23 billion payments –70 payments per person in the U.S. In the 12 months ending February 2019, payment volume across the ACH network increased 7.2%, reaching over 100 million ACH payments per banking day, a first for the ACH network.

Account Validation 84

Account Validation ACH Network Faster Payments Accounts 84

PYMNTS

APRIL 9, 2020

exhashes per second that comprised for approximately 20 percent of the computing power growth of the bitcoin network in 2019. Canaan said it sold overall computer power of 10.5

Bitcoin 70

Bitcoin Returns Volume Consumer 70

The Fintech Times

NOVEMBER 6, 2024

This growth positions Brazil as the fifth-largest source market for tourists to Peru, surpassing pre-pandemic levels when the country received 100,167 Brazilian visitors during the same period in 2019. PagBrasil expects the total volume of transactions made with Pix Internacional to reach $1.2billion by 2025.

Cross-Border 64

Cross-Border Central Bank Transactions Instant Payments 64

Tearsheet

MARCH 21, 2024

Recently Zelle said that it is on track to reach the $1 trillion payment volume mark this year, and now Stripe is stating that it too has crossed the $1 trillion in payment volume benchmark. Stripe’s annual letter also states that its payment volume rose by 25% in 2023. It seems like $1 trillion is the new hot number.

Volume 52

Volume Payments Cross-Border Cross-Border Payments 52

PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. with 2019 transaction volume exceeding $1.5 That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As

Online and Mobile Banking 115

Online and Mobile Banking NOV Processors Treasury 115

PYMNTS

DECEMBER 8, 2020

Cash App’s gross payment volume was $2.9 billion in the third quarter, up 332 percent from 2019, the company said last month. By way of comparison, it closed out 2019 at $62.56. Third-quarter results released last month showed that gross payment volume (GPV) hit $31.7 billion during the same period in 2019.

Contactless Payments 90

Contactless Payments Volume Payments 90

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

Fintech Finance

MARCH 12, 2025

Four out of 10 of these people are credit card holders, a group that has tripled in size in the country since 2019, led by digital players. Not surprisingly, in these two countries, debit cards account for a larger share of online transaction volume than credit cards, at 49% compared to 27% in Peru and 38% versus 31% in Mexico.

Issuers 59

Issuers Transactions Payment Service Provider (PSP) Debit Card 59

Fintech News

JUNE 25, 2024

However, as the company’s user base skyrocketed and transaction volumes soared, it became evident that a robust and scalable technological foundation was crucial to sustain this meteoric rise. Zikry revealed that their initial setup using MySQL-like databases struggled to cope with the escalating transaction volumes during peak events.

Database 128

Database Volume On-Demand Disaster Recovery 128

PYMNTS

APRIL 8, 2020

200%: Minimum increase in online clothing shopping in March, compared to 2019. 74%: Increase of transaction volumes in most eCommerce retail sectors in March compared to 2019. Data: 210%: Increase in the dollar value of orders from full-assortment grocery merchants from March 12 to March 15, YOY.

Continuity 85

Continuity Volume Transactions Consumer 85

The Fintech Times

JANUARY 17, 2025

As a principal member of major card schemes including Mastercard , Visa , Discover Financial Services , UnionPay International and AMEX , the UK’s Financial Conduct Authority has registered Guavapay as a Small Electronic Money Institution since 2019.Guavapay

Innovation 59

Innovation Technology Payment APIs and Integration Multi-Currency 59

Finovate

DECEMBER 9, 2024

billion (5 billion) in transaction volume. The Denmark-based company received its banking license in 2019 and offers personal checking accounts with debit cards, youth accounts, in-app PFM tools, an investing platform, and a BNPL tool that can be retroactively applied to purchases.

Payments 52

Payments Debit Card BNPL Innovation 52

Finovate

APRIL 24, 2025

Founded in 2006, BILL helps 460,000 businesses automate their financial operations and has processed $266 billion in payments volume. The company, which trades on the New York Stock Exchange under the ticker BILL , went public in 2019 and has a market capitalization of $4.55

Small Business 64

Small Business Payment APIs and Integration Reconciliation Accounts 64

PYMNTS

DECEMBER 18, 2020

million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. million from $50 million in the same 2019 period. Gross Merchandise Volume Is Rising . orders on average on our platform in 2019.”. Unlike some platform companies that have filed to go public, Poshmark is actually profitable.

Volume 92

Volume Consumer Posting Technology 92

PYMNTS

JANUARY 30, 2020

Visa ’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. The company said that payments volume was up 8 percent year over year to $2.3 The company said that payments volume was up 8 percent year over year to $2.3 and beyond.

Contactless Payments 91

Contactless Payments Transactions Cross-Border Volume 91

PYMNTS

APRIL 6, 2020

percent reported in 2019. Consumers were also considerably less likely to report shopping over the last 24 hours than they were in 2019, an indication that shoppers may have been “loading their carts,” perhaps to limit the frequency of their trips or in anticipation of wider shutdowns. percent, slightly higher than the 78.1

Point-of-Sale (POS) 93

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

PYMNTS

JANUARY 30, 2020

PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. In Q4 of 2019, PayPal saw adjusted earnings per share rise to $.86 69 at the same time last year, and ahead of forecasts of $.83. Revenue came in at $4.96

PayPal 85

PayPal Venmo Volume Cross-Border Payments 85

PYMNTS

NOVEMBER 23, 2020

When PayPal went live, volume started exploding. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70% of the new supply of bitcoins,” Pantera Capital indicated in the report. Trading volume on itBit escalated to $26.57 itBit is run by Paxos, which is PayPal partner. .

PayPal 87

PayPal Bitcoin Digital Currency Cryptocurrency 87

The Fintech Times

NOVEMBER 4, 2024

In 2019, the central bank then introduced the ‘Payment and Settlement Act’, which provided the legal basis for the development, promotion, expansion, monitoring, and regulation of payments, settlement and clearing systems in the country. billion ($570million) in 2022 to Rs 20.77 billion ($1.5billion) in mid-March of last year.

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

PYMNTS

APRIL 9, 2020

Those interested in the benefits must have already filed a 2019 tax return and received a refund deposited directly into their Chime account. He said Chime was able to hire “five or six people” last week, and March had been the best month in the bank’s history in terms of transaction volume and revenue.

Checks 96

Checks Economy Returns Volume 96

PYMNTS

JULY 30, 2020

billion for Q2 2019. billion in second-quarter 2019. On the earnings call, Chief Financial Officer Brian Olsavsky pointed out that Q2 2020’s numbers topped Q4 2019 and that Q3 would be even bigger. “As As a reminder, Q4 is typically our largest volume quarter for the retail business. billion compared with $36.0

On-Demand 95

On-Demand Volume Continuity Posting 95

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. More recently, the executive said on Fox Business News that a return to previous travel volumes would hinge on a vaccine. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”.

Returns 116

Returns Volume On-Demand Continuity 116

PYMNTS

JULY 17, 2020

As transaction volumes soared and millions were onboarded remotely during the lockdowns, cybercriminals had a field day. In a 2019 PYMNTS eBook much like this, we made predictions for eCommerce in 2020 and the next decade. Just six months into the new decade, we’ve seen that play out in ways we couldn’t have predicted in 2019.

Fraud Prevention 89

Fraud Prevention Volume AI Risk 89

PYMNTS

APRIL 13, 2020

As reported by the Financial Times over the weekend, joint estimates by Oliver Wyman and Morgan Stanley predict that even with rapid economic recovery seen within six months, profits would decline by 100 percent in 2020 as compared to 2019. Goldman , which has been moving downstream to capture more share of banking wallet in the U.S.

Online and Mobile Banking 124

Online and Mobile Banking Credit Cards Zelle P2P 124

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

OCTOBER 12, 2020

CEO Aditya Mishra said the company has seen around 2,000 customer sign-ups in the last week or so as almost 30 percent of BitMEX's trading volume has been withdrawn by customers since U.S. He said Qume’s goal, since forming early in 2019, was to build a regulatory-friendly, more decentralized experience for things like custody.

Bitcoin 104

Bitcoin Money Laundering Compliance Non-Bank 104

PYMNTS

OCTOBER 7, 2020

In fact, a PYMNTS data project that studied Black Friday in 2019 found that only 20.2 consumers representing $1,025 billion of sales volume will shift some or all of their retail shopping to digital channels, 40 million U.S. billion of sales volume will shift some or all of their food ordering, and around 35 million U.S.

Volume 96

Volume Consumer Research Returns 96

CB Insights

NOVEMBER 22, 2021

The company has experienced 100% growth YoY since 2019, and it processes over $100M in transaction volume on a monthly basis. The company caters to over 47M account holders. Ozow’s clients include Uber, Vodacom, MTN, Shoprite Group, and Takealot, among others. Ozow sees 140K new users each month. Want the full post?

Payment Gateways 76

Payment Gateways Gateways Online Payment Processing Payments 76

PYMNTS

AUGUST 14, 2020

Juliet Anammah , chairwoman and head of institutional affairs at Jumia, previously told PYMNTS those tailwinds have started blowing stronger during the past few months as the global public health crisis has increased the volume on demand for digital payments, eCommerce and new series of transaction experiences throughout Africa.

On-Demand 101

On-Demand Volume Digital Payments Addressing 101

PYMNTS

NOVEMBER 12, 2020

percent in 2019 and its share of borrowings at 3.63 Debit card POS purchase volume hit $102.9 Bloomberg noted that although the private-label credit card market has grown to $191 billion, Wells Fargo still lags behind major players such as Synchrony Financial, Citigroup and Capital One Financial. billion in the third quarter, up 11.1

Credit Cards 114

Credit Cards Point-of-Sale (POS) Push-to-Card Debit Card 114

PYMNTS

SEPTEMBER 30, 2020

Banking revenue from international transaction services increased 2 percent compound annual growth rate (CAGR) during the last 10 years to approximately $400 billion in 2019. In 2020, the global pandemic has brought that to a screeching halt,” the “ Banking after COVID-19 ” report noted.

Finance 95

Finance Non-Bank Underserved Cash Management 95

PYMNTS

DECEMBER 21, 2020

In December 2019, Paystand entered into an initial partnership with JCB to provide an end-to-end online payments system for clients of JCB and large Japanese companies. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.

B2B 98

B2B Blockchain Product Payments 98