PYMNTS

NOVEMBER 22, 2018

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

ATM

PYMNTS

SEPTEMBER 19, 2018

Several credit unions, for example, recently formed partnerships designed to share resources, such as ATMs and physical branches. Both credit unions and banks recently gained access to a new set of tools designed to market access to multi-brand ATMs (MBAs). ATM solutions provider FCTI Inc. ATM solutions provider FCTI Inc.

Credit Union

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

DECEMBER 17, 2020

But then the question becomes whether bitcoin can cross the Rubicon to full-fledged currency. In an interview with Karen Webster, Daniel Gouldman, CEO of crypto-banking platform operator Ternio, said PayPal’s endorsement may help crypto go mainstream. Crypto can also be converted to cash at the ATM.

Bitcoin

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

PYMNTS

SEPTEMBER 29, 2016

10 seconds (or less) : That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank. Luckily, the PYMNTS 11 is here to break it all down.

Federal Trade Commission

Finance Magnates

MARCH 26, 2023

In 2011, this question was asked on Quora , and I wrote my answer as follows : This is an excellent question and there are many companies who believe they are shaping this answer (predominantly, SWIFT, Visa, Mastercard, WesternUnion, PayPal, and a whole lot of mobile companies). Sender’s Bank and Beneficiary’s Bank).

Cross-Border

PYMNTS

MAY 3, 2018

Mastercard beat estimates on Wednesday (May 2) as the company showed results that reflected higher spending on both credit and debit cards through the first quarter, as well as cross-border volumes that surged by double digits. borders, the environment is sanguine, with some retail spending growth in the U.K. .”

Volume

Fintech Finance

JUNE 6, 2024

Hibret Bank , in collaboration with Mastercard , has announced the launch of the Prepaid Hibir Mastercard services, marking a significant milestone in the journey towards financial digitization in Ethiopia. This service is more than just a payment solution; it is a bridge for Ethiopians to access the global market with ease and security.”

Financial Inclusion

Fintech News

JULY 3, 2024

This announcement came after MAS observed some DPT service providers actively promoting their services through online and physical advertisements or the provision of physical automated teller machines (ATMs) in public areas. In addition, the city-state is exploring the potential of Central Bank Digital Currencies (CBDCs).

Financial Literacy

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. EFTs typically include digital payments such as direct deposits, ATM transactions, and credit and debit card payments.

Wire Transfer

PYMNTS

JUNE 26, 2018

Peter Shore, general manager of payments services firm Transpay , and Guillermo Bracciaforte, co-founder of online freelance marketplace Workana , recently spoke with PYMNTS about the payment preferences of gig workers and making gig economy payments more efficient. The acceptance side already has multiple options, Shore said.

Cross-Border Payments

EBizCharge

JUNE 3, 2024

An electronic funds transfer , or EFT, is a core pillar of modern banking and transactions. The term encompasses a broad range of electronic financial transactions in which funds are transferred from one bank account to another without physical exchange. Bank ATM: Transactions conducted at bank ATMs also fall under the EFT category.

Funds Transfer

PYMNTS

NOVEMBER 4, 2019

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. BlueVine Business Banking. Firms can also deposit checks using the BlueVine Business Banking mobile app.

Commercial Card

PYMNTS

FEBRUARY 16, 2018

Amazon is something like the older disintermediation that CPGs are already dealing with, along with a new element in the mix: That partnership deal requires giving up control over many components of the relationship, as well as many of the benefits of data collection, such as cross-selling and upselling.

Online and Mobile Banking

PYMNTS

NOVEMBER 11, 2019

He noted the example of the Asia Pacific region, where consumers buy from more than 30 million stores, compared to only one million in North America, where relatively more commerce takes place online. Floyd noted that this is especially true where there is poor banking infrastructure in place, or where there are high and complex banking fees.

Online and Mobile Banking

Seon

JULY 10, 2024

wire transfers, ACH, mobile payments) can ensure that each payment type is monitored appropriately for unique risks The Importance of Securing Payment Methods and Channels Securing various payment methods and channels is essential for maintaining trust and integrity in the financial system.

Transactions

PYMNTS

OCTOBER 6, 2017

nanopay: Bringing Speed, Security To Cross-Border Digital Payments. Emailage , the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses, is about to go on tour as it hits its major growth area. Here’s what they’ve been up to this month.

Online and Mobile Banking

PYMNTS

JULY 4, 2018

High satisfaction rates, to the tune of 81 percent, come in tandem with innovations such as shared branching, in which ATMs and services are universal across the network. The emergence of high-tech and AI at the credit union level speaks volumes – and funnels right up into some larger digital banking trends.

Research

PYMNTS

JULY 7, 2017

But for now … 14 billion visits to online retailers in the past year, from May 2016 to May 2017, and 14 million visits via social media mentions is nothing to sneeze at, speaking to wide recognition of the lure of the devices. That comes in tandem with ACH payments growing to just under 30 transactions online, up from 13 in 2000.

Bitcoin

PYMNTS

NOVEMBER 7, 2019

Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and they rank fourth place worldwide for mobile phone penetration. . Brazilian consumers are relatively accessible to global subscription companies, but online payment methods do not always reach them.

Online and Mobile Banking

Finovate

JULY 12, 2024

The alliance is designed to help modernize real-time payments capabilities for the Group’s AFFIN Bank Berhad. “A robust payment infrastructure is a catalyst for innovation and scalable growth,” Group COO of Affin Bank Berhad Encik Risham Akashah Bin Kamaruzaman said.

ISO 20022

Nanonets

JUNE 29, 2023

Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct, Integration with Slack, allowing employees to receive alerts, handle requests, and obtain approvals directly within the Slack interface. Pros: Zero shot AI that can capture data from documents from day 1.

Payment APIs and Integration

Nanonets

JANUARY 17, 2024

InnovateX used the OCR-based mobile app offered by their expense management software for expense reporting which captures data directly from receipts and populates the same in the expense management system. This isn't a trend limited to the finance or tech sectors; it's a cross-industrial movement.

Payment APIs and Integration

PYMNTS

JANUARY 31, 2020

Bank Is Doing to Drive Virtual Card Adoption. Bank , however, believes it has the perfect weapon to counter such reluctance: vendor and client input. BMO on Taking a Digital-First Approach to Retail Banking. Super Bowl Countdown Brings New Online Gambling Action. The firm has more than $2 billion in assets.

Technology

Fintech News

APRIL 22, 2025

These tools are especially relevant as digital banking continues to rise to prominence in Thailand. According to the 2024 Visa Consumer Payment Attitude Study, Thailand leads ASEAN in mobile banking adoption, with 97% of Thai consumers reporting weekly use, ahead of Vietnam (95%) and Indonesia (90%).

Multi-Currency

The Payments Association

APRIL 14, 2025

Key developments include progress on stablecoin regulation with draft legislation anticipated, advancements in open banking and variable recurring payments (VRPs), outcomes from the PSR's review on card fees, and the introduction of buy now pay later (BNPL) legislation in Parliament.

Regulations