PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Because of the pandemic, shoppers shifted to online shopping for both discretionary goods and everyday spending. Morgan, said in a blog post on Friday (Dec.

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

The Fintech Times

APRIL 10, 2025

Artificial intelligence (AI) is helping organisations take their offerings to the next level, and reflecting on how it has done so over the last few years for itself, the US based financial institution, Bank of America has revealed that AI is now embedded across multiple business lines and areas including global technology, operations and training.

AI 59

AI Online and Mobile Banking Professional Development Payroll 59

Fintech News

FEBRUARY 2, 2025

Card issuers need for speed exists on several levels, and we at OpenWay see this firsthand, since our Way4 card management software is used by top banks, processors and fintechs around the world. This can be an account opened in Way4 or in the integrated Core Banking System. Indeed, rapid product development remains a top priority.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

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

PYMNTS

NOVEMBER 23, 2020

Artificial intelligence (AI) in mobile food ordering: tantalizing. That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Advanced AI Makes Systems Smarter. Catering to Individual Tastes at Scale.

AI 115

AI Online and Mobile Banking Verification Credit Cards 115

PYMNTS

APRIL 13, 2020

(and international) consumer and the businesses that serve them will be center stage as earnings season gets underway, starting, as always, with a slew of big banks. The last time we had earnings season, stretching from mid-January into the end of February, banks pointed to the continued strength of the U.S. and the U.K.,

Online and Mobile Banking 124

Online and Mobile Banking Credit Cards Zelle P2P 124

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Online and Mobile Banking 99

Online and Mobile Banking Processors Scams Risk Management 99

Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. By the end of 2020, that rose to 78%. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

JANUARY 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs.

Online and Mobile Banking 101

Online and Mobile Banking Credit Union Mobile Banking CBDC 101

PYMNTS

SEPTEMBER 23, 2020

People for whom dining out is one of life’s best pleasures have had a rough time in 2020, and it’s probably going to stay weird for a while. Even New York City has now greenlit indoor dining, but the great restaurant sector reset of 2020 is far from finished. million in 2020 as consumers continue to heavily rely on these services.

Fraud Prevention 98

Fraud Prevention Online and Mobile Banking AI Consumer 98

Fintech News

JULY 15, 2024

billion) in 2022, according to Thant Mam Hein, assistant manager of sustainability at uab bank. Reports also show that approximately 50% of Myanmar’s adult population had a bank account in 2020, reflecting growth in financial inclusion and creating new opportunities for businesses and individuals. trillion (US$3.8

FinTech 113

FinTech Online and Mobile Banking Financial Inclusion Payroll 113

Fintech News

JULY 3, 2024

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 117

Finance Online and Mobile Banking Micro-Entry Non-Bank 117

PYMNTS

JANUARY 1, 2021

Digital-First Banking. Banks will need to seriously revamp their in-branch experiences to accommodate the new normal as customers are growing used to the unparalleled convenience and speed that mobile banking has to offer. The year-over-year increase in cross-border online sales was even more dramatic in other regions.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

The Payments Association

OCTOBER 28, 2024

This has led to a noticeable uptick in card-related fraud, especially in remote purchases, where criminals use stolen card details for online transactions. While banks and payment providers are making strides in fraud detection and prevention, the report stresses the need for more robust collaboration with technology and telecom sectors.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

DECEMBER 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. As has been profiled in this space previously, virtual IBANs serve as reference numbers issued by banks. Platforms and single access points help bridge the gap between traditional banks and eCommerce.

Facilitators 115

Facilitators IBAN Accounts Cross-Border 115

The Fintech Times

DECEMBER 18, 2024

Merchants utilising PayU , the online payment gateway, will now be able to offer their customers a greater payment experience as PayU integrates Google Pay (GPay) into its offering. The new Google Pay integration comes at just the right time as mobile payments are on the rise in Latin America.

Online and Mobile Banking 59

Online and Mobile Banking Payment Gateways Payments Encryption 59

Segpay

SEPTEMBER 24, 2024

An answer to our pain has been developing over the past few years through paying with bank payments or transactions. This month we wanted to look at the options available, their benefits, and where you can find these pay by bank options. The Pay by Bank Process So how does pay by bank work?

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

The Fintech Times

DECEMBER 16, 2024

The Australian Securities and Investments Commission (ASIC), the country’s financial regulator, has filed documents against HSBC Bank Australia as it alleges the bank failed to adequately protect customers from being scammed out of millions of dollars. “All banks need to pull their weight in the fight against scams.

Scams 64

Scams Online and Mobile Banking Non-Bank Transactions 64

PYMNTS

JANUARY 2, 2019

Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. Some financial institutions, including Bank of America and UMB Bank, have also invested in mobile B2B payments.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

PYMNTS

NOVEMBER 12, 2020

PYMNTS’ November 2020 Disbursements Tracker® , done in collaboration with Ingo Money , states that “FIs that support digital and mobile payment tools could help these consumers access financial solutions without using traditional accounts, but many FIs must address age-old challenges before they can roll out such tools.”

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81

PYMNTS

JULY 22, 2020

Banks have been forced to reduce or suspend in-branch activities to prevent the risk of infection at branches at least temporarily. The largest bank in the United States, J.P. Developments From Around The World Of Digital-First Bank ing. The global digital banking platform industry generated $3.95

Online and Mobile Banking 90

Online and Mobile Banking ATM On-Demand Risk 90

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Credit Union 105

Credit Union Consumer Online and Mobile Banking Card Issuer 105

PYMNTS

JULY 26, 2020

of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported. UPI was established by the central bank and is owned by a group of local lenders. billion, bringing bank accounts to hundreds of millions of residents for the first time.

Volume 123

Volume Digital Payments Transactions Online and Mobile Banking 123

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. First name. Company Name. Phone number. Source: PwC.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

PYMNTS

APRIL 24, 2020

Some banks have shuttered their branches during the pandemic and are relying on digital or mobile channels to fulfill customer needs, but others do not have that option. Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices.

Technology 99

Technology ATM Online and Mobile Banking Credit Union 99

Fintech News

MAY 28, 2024

The meteoric ascent of Brazilian neobank Nubank has sent shockwaves through the Latin American banking industry. As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

PYMNTS

APRIL 23, 2020

Crafting the seamlessness customers want means FIs are overhauling their digital infrastructures to enable access to fast, interactive and engaging banking experiences. More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely.

Innovation 105

Innovation Security Automation Consumer 105

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. What we have seen is digital becoming the new [bank] lobby during this pandemic,” he said.

Credit Union 89

Credit Union Push-to-Card Online and Mobile Banking Community Banks 89

PYMNTS

MARCH 10, 2020

The conversation came against a backdrop where, at the end of February, Fiserv said that nearly 600 banks and credit unions (CUs) have joined the turnkey service from Zelle to enable person-to-person (P2P) payment capabilities, and that the number of participants accessing the network via Fiserv has increased ten-fold in 2019 from 2018.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

JANUARY 21, 2021

For credit unions (CUs), the digital trends that accelerated in 2020 amid the pandemic will gain even further traction this year. The digital trend, she continued, is one that will last and — and one that CUs will have to adopt in order to compete more effectively with banks. The Trend Toward Mobile. Data Analytics.

Credit Union 96

Credit Union Online and Mobile Banking Contactless Payments Use Case 96

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. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Payment APIs and Integration 98

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

Fintech News

AUGUST 12, 2024

A new report by Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers an analysis of the country’s fintech sector and provides rankings of the most reputable fintech companies in Vietnam based on their online reputation and reach.

FinTech 117

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 117

Clearly Payments

OCTOBER 7, 2024

in 2020, reaching $4.28 Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. trillion in 2021, a 25% increase from 2020. billion to fraud in 2021, a 70% increase compared to 2020.

Cross-Border 105

Cross-Border Processors Multi-Currency Contactless Payments 105

PYMNTS

DECEMBER 12, 2019

Penn Station is going online, and [the MTA] will enable another 50 stations this month. By the end of 2020, all rail lines and buses will be enabled.”. We have every expectation that we will achieve full enablement by the end of 2020. By June, the MTA’s goal is to have half of all New York stations enabled. Sometimes it’s L.A.,

Contactless Payments 66

Contactless Payments Push-to-Card Payments Use Case 66

PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. Bad actors have exploited these flaws to steal $2 billion to date, representing 2 percent of the $110 billion in claims the state sent out in 2020.

Debit Card 62

Debit Card Online and Mobile Banking Push-to-Card P2P 62

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88