The Payments Association

OCTOBER 28, 2024

The surge in transaction volumes and the need for quick product launches have challenged legacy systems, which were not designed to accommodate these new demands. Transaction volumes have surged, and there is a need for quick introduction of new payment products. in 2021 to 4.0% Their market share has increased from 2.6%

Process 100

Process Payment APIs and Integration Processors Payments 100

Fintech News

OCTOBER 31, 2024

Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Established in 2021, Tazapay is a leader in cross-border payment solutions, serving small and medium-sized enterprises (SMEs) and business-to-business (B2B) marketplaces from around the world.

Cross-Border Payments 133

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 133

Fintech News

NOVEMBER 25, 2024

Founded in 2017 by Chu and Arthur Mak , YouTrip overcame challenges during the pandemic, including a 90% drop in transaction volumes that led to the layoff of 10 staff in 2021. The company now employs 250 people and plans to grow its workforce by 50–100 in 2025.

Multi-Currency 113

Multi-Currency Volume Transactions Process 113

The Fintech Times

NOVEMBER 14, 2024

In Bahrain, the volume of e-wallet transactions almost tripled between 2020 and 2021. This has had a huge impact on the growth in outgoing remittances – which rose from $25billion in the early 2000s, to $134billion in 2021. In Morocco, as much as 75 per cent of people had used at least one emerging payment method in 2022.

FinTech 78

FinTech Payments Emerging Payments APACS 78

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. The company became a unicorn in 2021 after raising $220 million in Series B funding from Tiger Global, Pegasus Wings Group, and Insight Partners.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech Finance

JANUARY 6, 2025

Founded in 2021 by Philip Kelvin and Beau Allison, Tranch has set a new standard for law firms in the management of invoices and payments, enabling firms to streamline and automate their payment processes and increase cashflows through improved speed and efficiency in invoice delivery, billing and collections.

Laws 98

Laws B2B Process Acquirers 98

PYMNTS

JANUARY 8, 2021

Thus far in 2021, as of this writing, there have been 27 SPAC IPOs, according to the site, which have generated $6.6 Caveat emptor, then, as 2021 comes into focus. billion in gross proceeds. Investing in SPACs also requires a fair amount of trust in the management teams behind the dealmaking.

Returns 94

Returns Checks Volume Finance 94

PYMNTS

NOVEMBER 4, 2020

The company added that it wouldn’t ask its employees to stop working from home and return to their offices until at least summer 2021. But from a macroeconomic standpoint, LendingClub said that while borrowers remain resilient, the pandemic continues to have a negative impact on the economy. All in, LendingClub reported a Q3 net loss of $34.3

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

DECEMBER 27, 2020

Binance KR will cease operations because of low usage and volume with limited trading pairs of BKRW. 10, 2021 at 1 p.m., 29, 2021, the blog says. Turkey is planning on piloting its own CBDC in the second half of 2021, according to a report from CoinDesk. That resulted in limited liquidity for users, a company blog says.

CBDC 101

CBDC Bitcoin Digital Currency Cryptocurrency 101

PYMNTS

JANUARY 26, 2021

Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. It’s just becoming the norm,” he said. “We

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

OCTOBER 28, 2020

28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. Payments volume was up 4 percent in the latest period as measured year over year, while processed transactions were up 3 percent. credit volumes came in at $493 billion, while debit totaled $603 billion. trillion in the company’s fiscal Q3.

Volume 80

Volume Cross-Border Consumer Visa 80

PYMNTS

DECEMBER 14, 2020

Just ask them, as was done for the December 2020 How To Put AI In Your 2021 FI Business Plan Playbook , a collaboration with Brighterion. This was a year that bent and broke quite a few risk forecasting models, thus all the more reason to bring AI smarts to bear on transaction volumes scaling far beyond a human pace.

AI 87

AI Online and Mobile Banking Risk Assessment Credit Risk 87

Fintech Finance

MARCH 20, 2025

In that time, the partnership has experienced significant growth, including an increase in average annual volume by more than seven times from 2021 to 2023. .” Launched in November 2020, the partnership between Affirm and Adyen began by making Affirm available to eligible Adyen merchants in the U.S.

On-Demand 91

On-Demand Payment Networks Volume Consumer 91

Finovate

MAY 13, 2025

WonderFi was founded in 2021 to help democratize access to digital assets. billion) in crypto trading volumes last year, a 28% increase over the volume it processed in 2023. Digital stock brokerage app Robinhood plans to acquire decentralized trading platform WonderFi in an all-cash deal totaling $178.56 billion (C$3.57

Acquirers 64

Acquirers Volume Cryptocurrency Transactions 64

Finovate

JANUARY 8, 2025

Headquartered in Houston, Texas, FINBOA made its Finovate debut at our all-digital conference in the spring of 2021. The company’s platform combines native microservices with cloud technology to give banks and credit unions the ability to deploy new solutions that scale independently and enable them to grow and evolve as volume grows.

Disputes 59

Disputes Credit Union Audit Non-Bank 59

PYMNTS

NOVEMBER 24, 2020

“Now we’re in a period where those sellers have figured out some of the pieces that have really worked for their businesses, and [they] are trying to figure out, 'how do I how operationalize this and grow it even more going into 2021?’”. SMBs have tried various approaches, and the necessity of omnichannel is emerging.

Innovation 84

Innovation Volume Adjustments Continuity 84

The Fintech Times

MARCH 2, 2024

The news comes just days after Bybit hit $71.5billion in trading volume, just seven per cent under the exchange’s record $77billion daily trading volume, set during the 2021 crypto bull run. ” The post Bybit Card Integrates Google Pay and Celebrates Record Spot Trading Volume appeared first on The Fintech Times.

Volume 64

Volume Bitcoin Cryptocurrency Card Services 64

PYMNTS

JANUARY 15, 2021

Target crushed online commerce and reported decent in-store sales volume for the holidays, while Urban Outfitters and Nordstrom had weak in-store traffic that even fairly positive online volume couldn’t surmount. Data: 95% : Approximate share of November/December orders that Target fulfilled via its brick-and-mortar shops.

Innovation 110

Innovation Retail Payments Technology Volume 110

Finovate

DECEMBER 17, 2024

BVNK was founded in 2021 and currently processes an annualized volume of $10 billion. Stablecoin infrastructure companies like BVNK and its competitor Bridge are key players in the stablecoin space, as they serve as on-and-off ramps for converting fiat into stablecoins and back.

Stablecoins 59

Stablecoins Cross-Border Payments SWIFT Cross-Border 59

Fintech News

OCTOBER 7, 2024

Hiroko Michishita Hiroko Michishita, Managing Director, JCB International Asia Pacific, said, “Between 2021 and 2022, JCB has almost doubled the volume of ecommerce transactions in Singapore. While East Asia is our traditional stronghold, we have seen substantial growth in our ASEAN card base of 132% from 2018 to 2023.

Alternative Payment Methods 109

Alternative Payment Methods APACS Debit Card Volume 109

Fintech Finance

MARCH 25, 2025

The partnership announcement also adds to Traveltek’s recent momentum, following its acquisition by Juniper Group last year, its expansion into the United States in 2021 along with the £1.3m in funding that was secured in the same year to further develop its technology. Platform downtime is not an option.

Payments 65

Payments Volume Interoperability Gateways 65

Fintech News

FEBRUARY 15, 2024

Illicit share of all cryptocurrency transaction volume, 2018-2023, Source: Chainalysis 2024 Crypto Crime Report, Chainalysis, Jan 2024 Conversely, the data reveal an increase in ransomware attacks and darknet markets, indicating challenges in cybersecurity and a resurgence in these illicit activities.

Ransomware 119

Ransomware Crime Transactions Romance Scams 119

PYMNTS

DECEMBER 20, 2020

Other firms have made similar moves, with crypto lending firm BlockFi partnering with Visa to roll out a new bitcoin-backed credit card in 2021, CoinDesk reported. According to data from Coin Dance, per Quartz, bitcoin trades in Nigeria increased around 19 percent per year in volume since 2017. The highest volume of 20,504.50

Bitcoin 64

Bitcoin Volume Blockchain Consumer 64

Agile Payments

MAY 19, 2021

As of June 30, 2021, a new rule on supplementing data security requirements goes into effect for ACH originators that have an annual volume of 6 million transactions or greater. The rule requires the originators (and third party service providers) to protect bank account information unreadable when it's stored electronically.

ACH Origination 88

ACH Origination Origination ACH Data Security 88

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced.

FinTech 113

FinTech Embedded Finance B2B Volume 113

The Finance Weekly

AUGUST 30, 2022

In 2021, it was estimated that the overall amount of data in the world , reached 79 zettabytes (one zettabyte is 1 billion terabytes!). Datarails won 1st place in the financial newspaper , Globes’ Most Promising Startup of 2021 award, selected by 63 venture capital funds. Most important, is the size and speed of data. Prophix Fun Fact.

Small Business 239

Small Business Finance Automation AI 239

PYMNTS

DECEMBER 15, 2020

The deal is expected to close in the first quarter of 2021. Poynt is used by over 100,000 merchants and has over $16 billion in annual gross merchandising volume (GMV), according to the release.

Technology 135

Technology Digital Payments Payments Small Business 135

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced.

FinTech 109

FinTech Embedded Finance B2B Volume 109

Fintech News

SEPTEMBER 9, 2024

Founded in 2021, Finture operates in Southeast Asia with offices in Singapore, Shanghai, and Jakarta. YUP also aims to reach US$1 billion in transaction volume by 2024. To date, YUP has reportedly raised over US$77 million in equity funding from investors, including the Sampoerna family, Sky9 Capital, and BitRock Capital among others.

Security 120

Security Credit Cards Volume FinTech 120

Stax

NOVEMBER 13, 2024

Banks simply pay for the use of the network, but this fee does not vary by transaction volume. Financial institutions, credit unions, or corporations processing a high volume of transactions can streamline their processing of ACH payments through the integration of an ACH API , which allows for greater efficiency of payment processing.

ACH 88

ACH ACH Network Payer Payee 88

The Fintech Times

FEBRUARY 14, 2025

In the past year, TrueLayer has experienced a five times increase in e-commerce transaction volume, with some of Europes most successful brands, including Ryanair , JustEat and Lastminute.com , integrating the TrueLayer Pay by Bank solution into their checkouts.

Transactions 59

Transactions Instant Payments Use Case On-Demand 59

Finovate

MARCH 17, 2025

presence ahead of its IPO, giving it access to millions of Walmart shoppers and increasing its loan volume, brand recognition, and potential investor appeal. loan volume. Walmart launched OnePay, its fintech startup, in January 2021 through a partnership with Ribbit Capital. The deal strengthens Klarnas U.S.

BNPL 59

BNPL Underwriting Agreements Volume 59

Fintech News

MARCH 25, 2024

Between 2015 and 2021, deal count within the region more than tripled, the PitchBook report shows, a testament of Southeast Asia’s burgeoning investment landscape. Meanwhile, smaller markets such as Myanmar, Cambodia, and Laos are limited by market size and have a low volume of venture-style investments. in 2021 to 36.2%

Participant 119

Participant B2C On-Demand Consumer 119

PYMNTS

NOVEMBER 18, 2020

Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy. Rather, Maersk CEO Soren Skou noted, at a news briefing, per Reuters, that the second wave had only a “limited impact” in shipping container volumes. International container shipping volumes jumped 34.2

Volume 86

Volume On-Demand Economy Government 86

Fintech News

FEBRUARY 15, 2024

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. It follows a trend that began in H2 2022 where consumer lending began taking the lead over core payments, a major theme in H2 2021 and H1 2022.

FinTech 112

FinTech Adjustments Volume Continuity 112

Fintech News

APRIL 1, 2024

The rally marked the end of a prolonged so-called “ crypto winter ” which saw the value of the cryptocurrency fall by a substantial 75% between November 2021 and November 2022 to reach a two-year low of US$16,000. Divergent trends across regions The AU10TIX report highlights divergent crypto fraud trends across regions.

Ransomware 120

Ransomware Payments Bitcoin Scams 120

Finovate

JUNE 6, 2025

” Founded in 2021, Nomupay is headquartered in Dublin, Ireland. Splink enables companies to receive and request payments, as well as set up an online shop that helps boost transaction volumes. Nomupay is a highly reliable partner.”

Cross-Border Payments 52

Cross-Border Payments APACS Payments Cross-Border 52