The Payments Association

OCTOBER 28, 2024

Particularly concerning is the growing sophistication of these attacks, which target personal and corporate accounts through increasingly convincing deceptions. This has led to a noticeable uptick in card-related fraud, especially in remote purchases, where criminals use stolen card details for online transactions.

Scams

Fintech News

MAY 11, 2025

These companies span every segment of the market, from long-established remittances players and banks to neobanks, business-to-business (B2B) platforms, stablecoin providers and regional specialists, and are powering global trade. It also offers services and products to businesses such as accounts, expense cards, and payroll.

Cross-Border Payments

Stax

JULY 21, 2025

Overview of Mastercard Mastercard was created by a consortium of banks in 1966 in an effort to compete more effectively with Visa, which at the time had a virtual monopoly on payment processing. Instead, it earns revenue from charging banks a fee to issue cards and process payments, which is also known as an interchange fee or ‘swipe’ fee.

Visa

Cardfellow

JUNE 17, 2025

However, Apple Pay can also be used online. Internet-based digital wallets let customers add credit or debit card information to a personal account or profile. Information is kept on file and when customers make a purchase online, they sign into their account and use it to pay for their purchase.

PayPal

Finextra

JULY 14, 2025

Banks turned to a powerful ally: artificial intelligence. AI didn’t just automate services—it began shaping intimate, context-aware journeys that feel less like banking and more like a personal concierge for your financial life. Banks around the world rolled out AI-powered personalization features in 2024. The result?

AI

Fintech Finance

JULY 24, 2025

IutePay Macedonia EMI License has been approved by the Central Bank, authorizing the fintech to offer digital payment services in North Macedonia. The new license enables the issuance of electronic money and the provision of payment services, without the mediation of traditional banks.

Online and Mobile Banking

The Fintech Times

JULY 1, 2025

Natech Banking Solutions has raised over $33million in Series B funding to support its expansion in embedded finance and AI-driven banking solutions. The raise follows the launch of Snappi, Natech’s digital bank joint venture with Piraeus Financial Holdings. Company updates Prometheum Capital , a subsidiary of Prometheum Inc.,

FinTech

Finextra

AUGUST 4, 2025

2) The spread of biometrics The use of these technologies is already going beyond traditional banking, being applied in mobile banking applications, e-wallets and even in retail purchases. In India, DCB Bank uses the national biometric system Aadhaar to identify customers at ATMs without a PIN.

FinTech

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

Fintech Finance

JULY 13, 2025

Once funds are sent from a OnePay account, they can arrive in near real-time across dozens of markets — helping individuals support loved ones with greater speed and transparency. With no credit checks required, applicants can open an account and receive a contactless Mastercard prepaid card. billion in ATM withdrawals.

Near Real-Time

The Fintech Times

DECEMBER 19, 2024

The remittance solution enables users to send transfers from AED into USD directly to mobile numbers connected to a Purpl wallet, circumventing the need for a traditional bank account. The service features sending fees of up to 1.5 per cent.

Online and Mobile Banking

The Fintech Times

MARCH 27, 2025

Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border payment solution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and payment solutions for banks and financial institutions.

FinTech

Fintech Labs Insights

OCTOBER 28, 2024

As a small business owner, choosing the right banking partner comes with tradeoffs. Or should you go hybrid with accounts of both types? With the rise of digital banks (also known as neobanks, challenger banks, or fintechs), you now have more options.

Small Business

Fintech News

SEPTEMBER 1, 2024

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions.

Online and Mobile Banking

Fintech Finance

AUGUST 22, 2024

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

Mobile Banking

PYMNTS

MAY 7, 2020

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

ATM

Fintech News

MAY 21, 2024

Interest rates for savings accounts have become a prominent topic in recent years, driven by changing central bank policies and increasing inflation. In Singapore, banks have adjusted their offerings to attract customers by offering more competitive interest rates. inclusive of the prevailing interest rate of 0.05% p.a.)

Accounts

PYMNTS

OCTOBER 6, 2020

5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs. Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. “We We’re a mobile app, and that’s how we deliver our services.”. On Monday (Oct.

Online and Mobile Banking

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. resident has only $1000 or less in their personal savings account. resident has only $1000 or less in their personal savings account. Accounts combining high-interest rates, no fees, and advanced online solutions are available.

Accounts

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

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

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024. billion by 2024.

Blocks

PYMNTS

SEPTEMBER 4, 2020

Migration to mobile and digital banking ramped up during the pandemic. It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. account holders. percent of online banking customers using digital channels more. “Our

Online and Mobile Banking

Fintech Review

APRIL 30, 2025

Access to your bank account feels like a guarantee until the lights go out. With what happened in Spain and Portugal , it is normal to wonder what happens to your bank account when the power goes down. During large-scale power outages, people often ask : Can I access my bank account during blackouts?

Accounts

PYMNTS

DECEMBER 14, 2020

The pandemic has had a significant impact on consumer adoption of online and mobile banking services as more people are digitally engaging with their banks to curb health risks. Mobile banking use is ticking up, especially among younger users, with PYMNTS data showing that 75.9 Bank Branches’ Lasting Legacy.

Online and Mobile Banking

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

PYMNTS

MAY 20, 2020

Among the improvements include Shopify Balance , a business account built for small, independent businesses and entrepreneurs. The company said most of today’s banking products are built for large, established companies, not small- and medium-sized businesses (SMBs). “We There are no monthly fees or minimum balances.

BNPL

PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. How Mobile Apps Are Easing Retail Payments In India. Get the full story in the Tracker ®.

Mobile Payments

NFCW

JUNE 25, 2024

TRANSACTION FEE: A step-by-step overview of the digital euro compensation model Payment service providers will be able to charge merchants a fee for enabling them to accept digital euro transactions, the European Central Bank (ECB) has revealed, but a cap will be placed on the amount that it will be possible for them to charge.

Central Bank

PYMNTS

MARCH 9, 2020

Questions like, “What is a bank?”. It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms.

Credit Union

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. An Electronic Funds Transfer (EFT) is the movement of money electronically from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

Online and Mobile Banking

PYMNTS

MAY 28, 2020

ATMs are known for their convenience, offering walk-up or drive-through access to financial products like checking or savings accounts. True service-related issues appear when comparing legacy ATMs to modern digital banking solutions. We try to make sure our ATMs meet [their] specific needs.”.

ATM

PYMNTS

DECEMBER 10, 2020

Consumers were forced to swiftly adapt to a world where their primary way to interact with businesses or banks became digital-first, with the pandemic seemingly increasing the number of consumers turning to digital tools to conduct their financial activities. Developments From Around The World of Digital-First Banking.

Posting

The Fintech Times

MARCH 14, 2024

Not so many years ago, Filipinos had to visit bank branches or ATMs to transfer money and manage their accounts. By 2025, the country is expected to surpass 80 million registered e-wallet accounts, reflecting a threefold increase within five years. Here’s why.

Online and Mobile Banking

PYMNTS

JANUARY 31, 2017

Other global competitors have beaten McDonald’s to the punch tech-wise — Starbucks, Domino’s and Taco Bell, for example, are years ahead of Mickey D’s when it comes to ordering online and using digital tools to enhance the consumers’ experience. Kenmore Square, Boston will activate what it calls a “customized digital Big Mac ATM.”

ATM

FICO

DECEMBER 4, 2017

Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. CBT) used a character called Barney to popularize the use of nascent ATMs. Mobile Payments Proliferate.

Mobile Payments

PYMNTS

APRIL 23, 2020

Branch visits are vital to customers’ financial lifestyles, despite mobile and online banking’s growing popularity. One bank working to ensure its in-branch systems match its online capabilities is Cleveland, Ohio-based KeyBank , which operates 1,197 branches across the country and handles more than $137 billion in assets.

Online and Mobile Banking