Finextra

JULY 10, 2025

On average, about 70% of online shopping carts are abandoned, leaving only 30% of transactions completed successfully. In high-risk sectors like online gaming, approval rates are often lower, typically 50–60%, due to stringent fraud controls and higher chargeback risks. of online transaction declines are due to insufficient funds.

Transactions

The Payments Association

MARCH 19, 2025

As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money? The partnership signals a potential shift in power, where platforms like X aim to rival traditional banks in how money moves and who controls financial access.

Digital Payments

The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. 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

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends

Fintech Review

NOVEMBER 27, 2024

Traditional banks often view SMEs as high-risk due to limited credit history and collateral. For these businesses, securing a loan can be challenging, time-consuming, and costly. Despite their significant contributions to GDP and employment, SMEs in emerging markets remain underserved by traditional banking.

FinTech

Clearly Payments

DECEMBER 11, 2024

Alternative Payment Methods (APMs) have become a big part of todays evolving fintech landscape, as consumers seek faster, more convenient, and secure ways to pay. These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers.

Alternative Payment Methods

Stax

NOVEMBER 14, 2024

They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards

Fintech Review

APRIL 15, 2025

In 2025, the way we pay bills online is about more than just convenience, it is about control, personalisation, and financial transparency. So what are the best ways to pay bills online in 2025? Consumers expect fast, mobile, and intuitive experiences when they pay bills online.

Online and Mobile Banking

Fintech Finance

JUNE 10, 2025

.” The Visa Asia Pacific media showcase highlighted how AI-enabled digital commerce will significantly change the way consumers across the region discover and purchase products and services. Visa is also collaborating with local banks in Vietnam to launch Flex Credential in the next few months. trillion transactions.

AI

Stax

JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Click to Pay completely removes the need to enter credit card information during online purchases, making it more convenient and faster than manual card entry. Learn More What is Click to Pay?

Payment APIs and Integration

Clearly Payments

MARCH 14, 2025

trillion in 2024, with digital wallets such as Apple Pay and Google Pay now representing over 40% of online transactions. Despite rising interest rates, consumer spending remains strong, as shown by a 4% increase in holiday sales and a record-high reliance on credit, particularly among millennials. credit card payments surpassed $10.6

Credit Cards

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%.

Credit Cards

The Payments Association

JUNE 3, 2025

Tokenisation and the embedded finance boom Embedded finance is reshaping the consumer experience by integrating financial services into e-commerce platforms and apps. This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments.

Security

The Fintech Times

NOVEMBER 6, 2024

Consumers can set parameters or choose between debit, credit, ‘pay-in-four’, or pay using rewards points. New wallet payment experience – Soon, consumers will be able to use their wallets to scan and pay at merchants outside of their domestic markets that accept Visa via scanning-enabled QR codes.

Product

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

Finextra

JUNE 11, 2025

Indigenous Banking (Shroffs and Mahajans): Long before modern banks, India had a thriving indigenous banking system. These banks introduced formal ledger-based accounting and cheque payments. This expanded the reach of formal banking to rural areas. This was labor-intensive and time-consuming.

Financial Inclusion

The Fintech Times

APRIL 10, 2025

Utilita , the UK-based pay-as-you-go energy supplier, is rolling out ‘Payit’, the open banking payments solution from NatWest. The integration of the Payit service from NatWest comes as part of its mission to offer consumers better service and a fairer deal. Over 800,000 households currently use Utilita’s services.

Accounts

The Fintech Times

MARCH 18, 2025

Ralf Germer, CEO and co-founder, PagBrasil Pix has been a giant windfall for Brazil and is now responsible for 90 per cent of bank transactions in Brazil. Pix saves consumers and merchants exorbitant transaction fees, and merchants receive immediate payment rather than waiting up to days for credit card payments.

Online and Mobile Banking

Fintech News

MARCH 24, 2025

In Singapore, payment remains a significant issue for both consumers and businesses. A global survey commissioned by payment platform Adyen, which polled more than 13,000 businesses and 38,000 consumers worldwide, underscores these rising concerns in the city-state. One key finding is the rise of mobile payments.

Phishing

The Payments Association

JULY 11, 2025

The strategic adoption of AI, IoT, mobile, and biometric tech to future-proof payments and retail operations. Industry commentary "As POS systems evolve, solutions must adapt to diverse business needs and rising consumer expectations for tailored experiences. What’s next? trillion globally by 2027. million in 2022 to US$1.04

Point-of-Sale (POS)

The Fintech Times

JANUARY 30, 2025

With smartphone theft on the rise across the UK, fintech and mobile security platform, Nuke From Orbit , is launching a nationwide campaign to combat this growing crisis. More people are using mobile phones for their money management, which means convenience and, in some cases, improved financial responsibility. million Android users.

Consumer

Finovate

JUNE 5, 2025

helped the bank launch its HSBC Open Payments solution. “This investment will not only accelerate Token.io’s growth and innovation, it will also advance our shared vision of making Pay by Bank a mainstream payment method—delivering benefits for HSBC’s customers across the region.” CEO Todd Clyde said.

Online and Mobile Banking

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

Fintech Finance

NOVEMBER 6, 2024

Given 24/7 e-commerce, the continued rise in mobile and online payments and consumers’ desire for seamless multichannel experiences, treasuries need to automate and optimise back-office processes or risk falling behind.

ISO 20022

EBizCharge

JANUARY 14, 2025

Finding the right payment gateway for your business in 2025 is a critical step toward ensuring seamless online transactions, boosting customer satisfaction, and securing your revenue streams. When a customer initiates a payment, the gateway securely transmits the information to the payment processor and the issuing bank for authorization.

Payment Gateways

Finextra

JULY 20, 2025

This deep dive explores how PayPal is modernizing every layer of its offerings, from consumer wallets and checkout flows to merchant tools and Venmo’s social payments, all while leveraging its massive two-sided network. Pay Everywhere means making PayPal ubiquitous across every channel – online, in-store, peer-to-peer, even crypto.

Product

The Payments Association

JANUARY 22, 2025

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. This increased digital dependency has raised the need for secure access and quick and easy identity verification online.

Security

The Fintech Times

FEBRUARY 27, 2025

Visa has signed an agreement with Abu Dhabi Islamic Bank (ADIB) to collaborate on an enhanced threat intelligence solution and integrate its advanced cybersecurity capabilities with digital payments. Additional partnerships MiFinity, a global payment services provider, has integrated Apple Pay into its mobile app.

FinTech

The Payments Association

JULY 7, 2025

Merchants and the 2025 consumer: Adapting to evolving payment preferences 4 July 2025 by Payments Intelligence In a market where margins are tight, and customer expectations are evolving rapidly, understanding how people want to pay is no longer just a customer service consideration. Instead, it has become a commercial necessity.

Consumer

Nanonets

NOVEMBER 23, 2024

While its free mobile app and API integration make it flexible for many users, its limitations, such as a 15-page processing cap and strict API rate limits, can hinder large scale document processing.  Features that matter Automated data capture: Extracts key details from bills and receipts via mobile, email, or desktop uploads.

Multi-Currency

Finextra

JUNE 17, 2025

online sales, are poised to capitalize on easing trade tensions, as Amazon sells and facilitates imported goods. Additionally, Amazon’s partnership with Roku, announced on June 16, 2025, to create the “largest authenticated Connected TV (CTV) footprint” in the U.S. It expresses the views and opinions of the author.

AI

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. Developments From The Digital Consumer Onboarding Space. It also found that just 16 percent of U.S.

Authentication

PYMNTS

OCTOBER 7, 2020

The way we bank is changing in the age of COVID-19. And as Entersekt Senior Vice President of Product Christian Ali told PYMNTS in a recent interview, the means by which banks authenticate their suddenly digital users must change, too. That security layer itself is only as strong as the authentication process.

Authentication

PYMNTS

NOVEMBER 27, 2020

Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Per the November Tracker , “Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. Phone Call For You.

Multifactor Authentication

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. In 2019, 77% of US consumers were using at least one type of digital payment system. It’s no question that the world has been digitally transformed — both in business and in life.

Digital Payments

The Fintech Times

MAY 17, 2024

Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa has unveiled new products which will address the evolving consumer payments demands. Online payment fraud is seven times higher than in-person payments.

Product

Fintech News

JULY 9, 2024

Major retail banks in Singapore will progressively phase out One-Time Passwords (OTPs) for digital token users over the next three months. Announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS), this move aims to better protect customers from phishing scams.

Phishing