PYMNTS

MARCH 13, 2020

After the financial crash in 2008, banks saved up billions in reserves to make sure that they would be able to handle times of market stress and be able to keep lending. The Fed is basically telling banks to dip into those reserves if they have to. Comcast said it would raise speeds, and AT&T said it would waive data caps.

Fed 58

Fed Federal Reserve Caps Non-Bank 58

PYMNTS

APRIL 10, 2020

Wells Fargo To Cap SMB Bailout Loans at $10 Billion. Banks were supposed to start taking in PPP applications on April 3, but only JPMorgan Chase and Bank of America (BoA) had the ability to roll out per a report on April 5. COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today.

AI 86

AI Payment APIs and Integration Online and Mobile Banking Payments 86

PYMNTS

MAY 8, 2020

Government program subsidies and loans have been snapped up by larger companies and mid-sized chains, and banks have capped their exposure to loan programs. A recent poll shows that 90 percent of small businesses have been negatively impacted by COVID-19. Some don’t have any relationship with a bank.

Government 56

Government Governance Small Business Federal Reserve 56

Stax

FEBRUARY 28, 2024

It makes it easier for merchants to make the switch to accepting non-cash payment methods like credit cards or contactless payments, which are often seen as more convenient for customers, but can come at a steep price. Businesses of all sizes feel the brunt of it. But small businesses, in particular, can be crushed by these fees.

Credit Cards 88

Credit Cards Debit Card Legal Laws 88

The Payments Association

APRIL 23, 2025

This is where fintech providers must step innot with generic offerings, but tailored, conversion-optimised solutions that directly address the economic and operational pain points of modern e-commerce businesses. Built-in, customisable fraud protection and intelligent routing and cascading.

Multi-Currency 88

Multi-Currency Payments Settlement Cross-Border 88

Stax

JANUARY 1, 2024

Some banks might offer fee waivers under certain conditions, such as maintaining a combined balance across multiple accounts. Within this, there are two types of requirements: Minimum opening deposit Many business savings accounts require a minimum cash deposit to open the account. All reputable banks in the U.S.

Accounts 88

Accounts Online and Mobile Banking API ATM 88

PYMNTS

JUNE 7, 2018

Though today most businesses are both comfortable and familiar with borrowing from an online lender, that would have been the territory of early adopters just five years ago. But as SMBs nationwide continued to need access to credit, a half-decade ago was a great time to start a small business lending firm. Who They Serve.

Small Business 49

Small Business Underwriting Product Risk 49

PYMNTS

MARCH 30, 2020

For most small businesses, the dawn of the new decade was filled with optimism for their futures. At that point in time, only 20 percent of SMBs we talked to that asked the government (at any level) for assistance received any, and only 17 percent that asked their banks for more funding had gotten it.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

Stax

JANUARY 31, 2024

Visa interchange rates are the fees charged by Visa to process transactions between issuing banks and merchants. Visa sets these rates, and they’re non-negotiable for merchants. They cover the costs of managing the network, ensuring security, and facilitating the transfer of funds between banks.

Credit Cards 88

Credit Cards Push-to-Card Processors Transactions 88

PYMNTS

APRIL 17, 2018

Interest rates plummeted as the Fed held the federal funds rate at zero in the hopes of stimulating lending in an environment where credit went from dangerously free-flowing to dangerously non-existent in the span of a few months. Big banks have moved away from the segment in general — and from subprime borrowers in specific.

Non-Bank 55

Non-Bank Risk Finance Fed 55

The Payments Association

MAY 16, 2025

Non-compliance could lead to regulatory enforcement by national authorities, as well as reputational harm and potential exclusion from EU markets. Merchant groups argue these increases are unjustified and ultimately borne by UK businesses and consumers. Collaborate with PSPs and acquirers to optimise 3DS2 performance. for credit.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

PYMNTS

FEBRUARY 7, 2020

Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.

Push-to-Card 52

Push-to-Card Caps Underwriting Small Business 52

PYMNTS

AUGUST 20, 2018

As the research shows, 63 percent of respondents to the survey — those who were, in fact, aware of the mandates — were non-compliant. FinTech Firms Eye Bank Charters. Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR. Separately, and looking beyond the U.S.,

Office of the Comptroller of the Currency 40

Office of the Comptroller of the Currency FinTech OCC Regulations 40

Nanonets

SEPTEMBER 8, 2023

First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes. A wire transfer is an electronic transfer of funds from one bank or credit union to another.

Wire Transfer 52

Wire Transfer Wires Wire ACH 52

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos. The new digital bank also offers financing products for bineo account holders.

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Finovate

APRIL 24, 2024

Here’s an overview of the new-to-Finovate demo companies currently on the roster: APIMatic APIMatic helps banks and fintechs generate ROI from their API investments via automation and AI solutions. Bloom Credit Bloom Credit helps banks and credit unions offer a deposit retention and credit building tool to their client base.

Credit Union 59

Credit Union Payment APIs and Integration Advisors AI 59

PYMNTS

JUNE 6, 2018

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. Small business” as phrases go is pretty vague, Lifshitz told Webster. Who They Serve.

Small Business 40

Small Business Underwriting Risk Product 40

PYMNTS

DECEMBER 5, 2016

Like the giant puzzle pieces that keep the Earth’s surface in equilibrium, the ecosystems that represent how consumers pay, how they bank, how they borrow, how they shop and how they decide when, where and what to buy used to be easily defined and neatly connected. The Unbundling Of The Bank. The Commoditization Of Retail.

Online and Mobile Banking 86

Online and Mobile Banking Payments Ubiquitous Consumer 86

Fintech Labs Insights

JANUARY 24, 2025

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. Weve been obsessed with new fintech products since before the term was invented.

Product 12

Product FinTech Online and Mobile Banking Credit Union 12

CB Insights

OCTOBER 29, 2018

But money was just the problem: due diligence oversights on Caterpillar’s part and alleged “deliberate, multi-year, coordinated accounting misconduct” at Siwei were uncovered months after the deal closed and Caterpillar took a $580M non-cash goodwill impairment write-down in 2012. Bank of America and Countrywide.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

PYMNTS

DECEMBER 5, 2016

Like the giant puzzle pieces that keep the Earth’s surface in equilibrium, the ecosystems that represent how consumers pay, how they bank, how they borrow, how they shop and how they decide when, where and what to buy used to be easily defined and neatly connected. The Unbundling Of The Bank. The Commoditization Of Retail.

Online and Mobile Banking 59

Online and Mobile Banking Payments Consumer Push-to-Card 59

Fintech Labs Insights

DECEMBER 23, 2015

Earlier this fall, Lending Club extended multi-draw lines of credit to its small business borrowers, enabling them to withdraw funds only as they need them, instead of in one lump sum. At BAI’s Global Banking Innovation Awards, the company won accolades for Most Innovative Non-Bank Financial Services Organization. .

Card Issuer 15

Card Issuer Push-to-Card Fed Non-Bank 15

Nanonets

JANUARY 17, 2024

It's like the go-to gadget in your tech toolbox, seamlessly connecting over 5,000 apps to keep your business running smoother than a hot knife through butter. For small businesses, bootstrapped startups, or anyone counting pennies (because who isn’t?), Higher learning curve, especially for non-Microsoft users.

Payment APIs and Integration 52

Payment APIs and Integration Automation CRM API 52

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Transaction fees especially erode thin-margin businesses with average tickets under $15. Try negotiating caps after volume thresholds or bundled transaction pricing.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. It also seems like a sizzle when half your customers belong to your loyalty club and spend 2x the amount of non-loyalty club members – just saying.) Amazon Sellers .

FDIC 41

FDIC Bitcoin Online and Mobile Banking Caps 41

PYMNTS

DECEMBER 28, 2020

One of the largest components of the now-signed second stimulus bill is $284 billion to support small business through a rebooted and revised Paycheck Protection Program (PPP) lending program that will tighten qualification requirements but loosen taxation and eligible expense rules. From Bill To Bank Account. Spending Rules.

Rules 73

Rules Payroll Caps Small Business 73