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 136

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 136

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. FinTech players are also grabbing deposits. Square announced $1.3

Credit Union 89

Credit Union Push-to-Card Online and Mobile Banking Community Banks 89

PYMNTS

JUNE 19, 2019

For financial institutions (FIs) and merchants, the opportunity is there to harness technology and mobile card services to drive sales up, drive fraud down and cement long-lasting relationships with consumers. And when I see transaction details, it should be clear where I have made purchases.”. A Proactive Mindset.

Card Services 45

Card Services Online and Mobile Banking Transactions Consumer 45

PYMNTS

MAY 5, 2017

These capabilities will be available for issuing partners to provide to their cardholders through their online and mobile banking channels. Visa is also developing a new Visa Card-on-File Data API that will provide issuers with details around merchants where a consumer has stored their card on file.

Card Services 56

Card Services Issuers Payment APIs and Integration Online and Mobile Banking 56

Stax

MAY 7, 2024

Cashless transactions have dethroned the age-old cash payments. With credit card transaction volume hitting over $9.5 trillion in the US in 2022, accepting card payments is no longer a question of whether to, but how to. To complete payment processing, credit card companies have to charge processing fees.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

PYMNTS

AUGUST 5, 2020

This week’s roundup of Commercial Card Innovation also finds growing interest in digitizing and mobilizing the corporate card, either through virtual card generation or mobile wallet support, at a time when contactless payments remain on the upswing. BofA Expands Contactless Biz Card Service.

Commercial Card 63

Commercial Card Online and Mobile Banking Contactless Payments Visa 63

Stax

JANUARY 10, 2024

Credit card transactions have quickly become the lifeblood of eCommerce businesses and storefronts alike. According to Capital One, global credit card transactions in 2022 reached an estimated 678 billion —an average of 1.86 However, accepting credit cards does come with a flipside; the ongoing sting of credit card fees.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

CB Insights

DECEMBER 4, 2019

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Table of Contents: Amazon’s product strategy.

Online and Mobile Banking 101

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

PYMNTS

JULY 25, 2019

Citi ThankYou cardmembers can also redeem their ThankYou Points for eligible purchases online, including pending transactions. Meanwhile, mobile card service are working to turn location into loyalty opportunities. And when I see transaction details, it should be clear where I have made purchases.”.

Push-to-Card 53

Push-to-Card Online and Mobile Banking Card Services Enrollments 53

PYMNTS

FEBRUARY 8, 2019

Yabuki spotlighted the news on Thursday that New York Community Bank (NYCB), with more than $51 billion in assets, is converting to a real-time platform, marked by Fiserv’s digital banking and payment solutions. Organic debit transaction growth was up in the high single digits.

Digital Payments 58

Digital Payments Zelle Online and Mobile Banking Payments 58

PYMNTS

JANUARY 11, 2021

“ATMs have become critical physical touchpoints for financial institutions, keeping them connected to their customers through a multitude of services,” said Himanshu Patel , Fiserv’s executive vice president of card services. More than 1,900 organizations and 130 million cardholders participate in Fiserv’s MoneyPass ATM network.

ATM 52

ATM Online and Mobile Banking Credit Cards Agreements 52

PYMNTS

OCTOBER 11, 2018

Moreover, while big banks tend to generate customer complaints more easily than they generate customer praise and enthusiasm, credit union members seem to genuinely like banking with them. What consumers like about using credit unions, as opposed to big banks, is that the service seems more personalized to meet their needs.

Credit Union 56

Credit Union Fraud Detection Online and Mobile Banking Account Takeovers 56

PYMNTS

OCTOBER 24, 2019

The recent news about Apple Card includes a big thumbs-up from Goldman Sachs CEO David Solomon. The investment bank is hardly an unbiased observer when it comes to Apple Card — Goldman is the bank behind the payment method, after all. 23), he shared his early thoughts about Apple Card with Karen Webster from PYMNTS.

FinTech 42

FinTech Credit Cards Online and Mobile Banking Card Issuer 42

PYMNTS

NOVEMBER 19, 2018

Reports of the acquisition remain unconfirmed at this time, but Deutsche Bank Analyst Ashish Sabadra speculated in September that FLEETCOR would be the most likely potential purchaser for WU’s business payments unit. The company also said it will debut contactless debit cards in the second half of next year.

Payroll 49

Payroll B2B Online and Mobile Banking NOV 49

Fintech Labs Insights

AUGUST 22, 2024

Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JUNE 14, 2020

American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency, the global financial services network announced in a press release Saturday (June 13). It comes as political tension between the U.S. and China is rising, sparked by the COVID-19 pandemic.

Transactions 70

Transactions Process Online and Mobile Banking Card Association 70