PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. billion during 2020’s first nine months. The stock then soared 112.8 percent to end its first trading day to close at $144.71. percent on its first trading day Dec.

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

DECEMBER 30, 2020

In addition, we wanted to know how these companies and executives were planning for a new era when businesses and the economy start to bounce back. As one executive writing for this project put it, 2020 represented “innovation under adversity.”. It started with a simple premise.

Push-to-Card 101

Push-to-Card Payments Economy API 101

Fintech News

OCTOBER 21, 2024

The Digital Payments Transformation Roadmap (DPTR) , introduced in 2020, aims to convert at least 50% of all retail payment transactions into digital form by 2023. Indonesia and the Philippines lead in e-wallet usage, with 92% and 87% of respondents, respectively, using the payment method, especially QR payments and mobile payment apps.

Financial Inclusion 143

Financial Inclusion Payments Embedded Finance Push-to-Card 143

PYMNTS

DECEMBER 30, 2020

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” At Mastercard , Executive Vice President of North America Products and Innovation Jess Turner told Karen Webster in a recent discussion, the rapid acceleration has been pushed by what consumers both wanted and needed more than ever.

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. COVID-19 in many key regards bears an uncanny resemblance to a bad dinner guest. percent, dropping 52.3

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. The Five Key Steps To Digitization.

Push-to-Card 94

Push-to-Card Issuers Payments Transactions 94

PYMNTS

OCTOBER 18, 2020

score in July, according to the Journal, was 711 — up from 708 in April 2020 and 706 in July 2019. He added that deferment policies and government stimulus checks “are having a further effect of pushing out that stress for many people.”. 16 that retail sales in September exceeded those in August 2020 and September 2019.

Consumer 103

Consumer Push-to-Card Credit Cards Checks 103

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Lawmakers Eye Expanded Fleet Card Use. Fleet service cards act just like credit cards at a gas station," Rep. Lawmakers in the U.S.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

DECEMBER 23, 2020

It’s been a wild ride in 2020, and something of a strange one for 5G, which was the subject of an early conspiracy that blamed the technology for the global COVID-19 outbreak. These things have all turned out to be essential, which has really pushed network operators into expediting some of their planning.”.

Push-to-Card 111

Push-to-Card Technology SWIFT Continuity 111

PYMNTS

SEPTEMBER 28, 2020

Liu noted COVID-19 has fueled the push towards cashless payments as consumers avoid the use of cash and plastic cards. And with the Olympics pushed back to 2021, we can expect the Japanese government to continue to invest in mobile payment technology as part of its measures to keep the games safe,” Liu added. “And

Mobile Payments 80

Mobile Payments Push-to-Card Payments Economy 80

PYMNTS

JANUARY 1, 2020

He’s watched as customers all over Africa have en masse shifted away from a cash economy to rely on the mobile devices in their hands. He’s watched as customers all over Africa have en masse shifted away from a cash economy to rely on the mobile devices in their hands. Those questions have been answered. . No one calls this eCommerce.,”

Push-to-Card 113

Push-to-Card Payments Consumer Digital Payments 113

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

The Fintech Times

SEPTEMBER 14, 2024

These economies have since developed into fully advanced nations. This became the key factor in driving industrial growth in next-generation smart machinery, Asian Silicon Valley, biotech and pharmaceuticals, green energy, national defence, new agriculture and circular economy.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

PYMNTS

DECEMBER 9, 2020

Now, we’ve moved to offerings like Visa Direct, which enables real-time push payment capabilities across account-to-account interactions — domestic and across borders — for consumers and small businesses. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

PYMNTS

NOVEMBER 12, 2020

The year 2020 has been big for “un” words: unprecedented, unknown, unforgettable and (of course) unending. I think there are a lot of things that 2020 taught us for sure,” Kress said. “We We learned resilient businesses were the ones that knew how to adapt to the new consumer needs [and] all the new commerce contexts.

PayPal 73

PayPal Economy BNPL Consumer 73

Finextra

JUNE 11, 2025

Indigenous Banking (Shroffs and Mahajans): Long before modern banks, India had a thriving indigenous banking system. Moneylenders, traders, and Shroffs (money changers and bankers) facilitated credit and remittances. They were crucial for financing trade routes within India and internationally.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

PYMNTS

APRIL 21, 2020

Leavitt said the current climate presents the opportunity for B2B payments volume to shift to the card rails, while enabling businesses to access much needed credit at the same time. Visa Enables Commercial Push Payments For KyckGlobal. Just which payment rail they will migrate to, however, remains unclear.

NACHA 82

NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

AUGUST 6, 2020

And yet Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities told Karen Webster. First, Japan’s younger generation is becoming a larger part of the consumer economy and demanding a change to digital to match their tech-friendly habits. The Shifting Japanese Market.

Digital Payments 85

Digital Payments Payments Push-to-Card Economy 85

FICO

DECEMBER 10, 2020

These and other milestones have come to pass, pushing enterprise-scale AI solidly into the “early adoption” phase, as defined by “Chasm” author Geoffrey Moore. Last year I predicted that artificial intelligence (AI) would grow up , with major infrastructure developing around Responsible AI , AI advocacy and AI governance.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

FICO

DECEMBER 9, 2019

Debts in the UK, including credit card debt and personal loans, rose 11% to £119bn in the two years to March 2018, according to the ONS. Now, what does 2020 promise on the C&R front? Creditors have a lot to grapple with.The SSM Risk Map for 2020 still has NPLs in the mix, especially the execution of strategies to deal with the NPLs.

Risk 52

Risk Non-Bank AI Push-to-Card 52

PYMNTS

DECEMBER 9, 2019

By all accounts, Cyber Monday was a great day for commerce in America. Prior to the all-day digital shopping festival, analysts had predicted it would surpass $9 billion. When the results were in and tabulated by Adobe, those expert predictions held, as Cyber Monday brought in $9.2 This was an increase over 2018’s growth of 77.42

PayPal 52

PayPal Push-to-Card Alternative Payment Methods Professional Development 52

PYMNTS

JANUARY 22, 2021

One reason is the tremendous push COVID-19 has given consumers. But another reason is that the digital-first economy is being pushed by a demographic changing of the guard when it comes to spending. That's the part that is giving people pause, and 2020 has only accelerated that aversion to holding debts.”.

Push-to-Card 73

Push-to-Card Payments Credit Cards Checks 73

PYMNTS

OCTOBER 7, 2020

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. Revolving debt — mainly credit card debt — as reported by the central bank declined by $9.4 Economic forecasters surveyed by Bloomberg had, in the whole, predicted an increase in credit card spending.

Credit Cards 71

Credit Cards Federal Reserve Non-Bank Credit Union 71

PYMNTS

SEPTEMBER 5, 2019

Seventy percent of gig economy workers are still living paycheck to paycheck, despite pulling in more money than ever. Instant payments and disbursements are therefore only growing more integral to every facet of the gig economy ecosystem. Speeding Gig Economy Insurance Disbursements. Nearly 40 percent of U.S.

AI 62

AI Instant Payments Federal Reserve Economy 62

PYMNTS

JANUARY 13, 2021

I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”. “I I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”.

Push-to-Card 62

Push-to-Card Credit Cards On-Demand Contactless Payments 62

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. Growing the internet economy. Supporting merchant partner growth.

Online and Mobile Banking 98

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

PYMNTS

JULY 29, 2020

He said that includes the addition of direct deposit, an increase in businesses taking payments through the platform and the planned launch of a Venmo card later this year. The world has moved to a digital-first economy and I don’t think there is any going back,” Schulman said.

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

JUNE 18, 2020

The last few years, he said, have changed the game in terms of Visa’s ability to give digital payments a nudge by giving acquirers and issuers an ability to reach both consumers and merchants without the need of either a card on one side of the transaction, or a terminal on the other. VisaNews (@VisaNews) June 15, 2020.

Digital Payments 72

Digital Payments Payment APIs and Integration Push-to-Card Payments 72

PYMNTS

MARCH 4, 2020

They are getting funding through credit cards, family and friends, community, other networks – whatever it takes,” noted Kereere. “I In advance of the holiday, Visa has released findings from its second annual State of Female Entrepreneurship report, which paints an interesting (if mixed) picture of its eponymous topic.

Economy 72

Economy Push-to-Card Credit Cards Small Business 72

PYMNTS

AUGUST 13, 2019

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said. The pilot is to see how the system would work.

Push-to-Card 51

Push-to-Card Non-Bank Credit Cards Governance 51

PYMNTS

FEBRUARY 19, 2020

That is observable in the medical workers who have put their health and lives on the line, rescue workers who have streamlined evacuations and researchers looking to run the virus through the best in computer modeling to get ahead of it. As has historically been the case, human beings do some of their best work under pressure.

Bitcoin 93

Bitcoin Push-to-Card ATM Origination 93

PYMNTS

DECEMBER 21, 2020

It’s the impact of the digital-first consumer on nearly every one of the 10 pillars that define our connected economy — and the efforts of companies large and small to capture their attention and their business. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

PYMNTS

FEBRUARY 8, 2020

And as the season of bold, jewelry-backed expressions of love is coming to an end, consumers are gearing up for once last spending push to seal off the season. And as the season of bold, jewelry-backed expressions of love is coming to an end, consumers are gearing up for once last spending push to seal off the season. In total $1.7

Push-to-Card 74

Push-to-Card Economy Consumer Origination 74

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

DECEMBER 11, 2019

And while that addition to the market has made many things possible for consumers in formerly cash-locked economies, there has been a persistent problem of limitations for users once they want to transact outside their home environment. percent between 2019 and 2020, reaching $51 billion.

Cross-Border 57

Cross-Border Credential Online and Mobile Banking Push-to-Card 57