Clearly Payments

MARCH 18, 2024

Limited Business Acceptance: The decreasing popularity of cash is propogated by a decline in businesses willing to accept it as a form of payment. Data from the Federal Reserve reveals a stark reality—only 60% of businesses in the United States currently accept cash. They’re also big fans of mobile wallets.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Fintech Review

DECEMBER 3, 2024

Contactless cards later emerged, accelerating transactions and improving user experience. Card payments became the backbone of modern commerce, paving the way for further innovation. The Rise of Digital Wallets and Mobile Payments The proliferation of smartphones in the 21st century ushered in a new era of digital payments.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Stax

NOVEMBER 13, 2023

And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay. Contactless payments became a must-have during COVID. Most modern card readers and payment terminals are NFC-equipped. Google was the first, in 2011, to enable contactless payments via their mobile app.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

PYMNTS

SEPTEMBER 29, 2020

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The region’s financial institutions (FIs) and merchants have needed to work swiftly to support unprecedented levels of digital payment and shopping growth.

Privacy 69

Privacy Online and Mobile Banking Push-to-Card Payments 69

PYMNTS

JUNE 26, 2020

Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services. Online account openings increased by more than 200 percent in April, while all mobile banking traffic rose by 85 percent.

Online and Mobile Banking 88

Online and Mobile Banking Checks Consumer Authentication Audit 88

Stax

FEBRUARY 28, 2024

TL;DR A payment terminal enables a merchant to take chip card and contactless payments. There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Why do merchants need a payment terminal?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

JUNE 5, 2020

Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates obstacles. Regulators are addressing what data can be shared compliantly under the General Data Protection Regulation (GDPR), for example. EU and U.K. and the U.S.,

Online and Mobile Banking 52

Online and Mobile Banking Authentication Regulations Contactless Payments 52

Stax

APRIL 18, 2024

For a merchant to accept credit cards, they need to pay both credit card processing fees to the banks involved and for the soft and hardware required to process cards. Typically, the merchant’s payment processing software will build the credit card processing rates into their fee. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Stax

JUNE 4, 2024

You should avoid payment providers that are overly focused on card-present transactions if your target market is increasingly demanding more convenient payment methods like e-wallets, mobile payments, and cryptocurrency. And the risk of losing your customer data and transaction history is too great to ignore.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

Stax

NOVEMBER 6, 2023

As the world increasingly moves online, it is essential to safeguard the information being stored and transferred over networks. Today, data is as important as currency and should be safeguarded as such. In 2022, there were 1802 instances of data compromise in America which affected 422 million people.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. These are the most common: 1.

B2B 88

B2B Process B2C Credit Cards 88

Stax

JANUARY 10, 2024

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. They are set by the network and passed on to merchants through their bank and the card brands they accept.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

FICO

FEBRUARY 17, 2023

From the rapid and sudden shift to online and mobile banking, to exploring artificial intelligence (AI) and hyper-personalization , the finance world is changing quickly. Banks and other financial institutions are adopting a digital first strategy, and there’s no going back.

Online and Mobile Banking 52

Online and Mobile Banking Scams Debit Card Risk 52

PYMNTS

MARCH 29, 2018

Parker said the startup is working to get the payments industry comfortable with the idea of operating in the cloud. Other industries have all gone there, he said, yet less than 1 percent of all payments data is ever in the cloud. It’s then someone’s job to match the payment to the appropriate remittance document.

Online and Mobile Banking 43

Online and Mobile Banking Cryptocurrency Risk Assessment Bitcoin 43

PYMNTS

OCTOBER 22, 2018

With one exception (groceries), consumers were more likely to buy online than they were to buy from a physical store. percent) say they trust their bank/card networks, with card networks (55.3 Using devices with apps that have payments features embedded in them is, therefore, second nature. Nearly 60 percent (59.1

Consumer 84

Consumer Privacy Data Security Online and Mobile Banking 84

Clearly Payments

APRIL 9, 2024

This includes digital platforms, software, and applications that offer financial services such as mobile banking, peer-to-peer (P2P) payments , online lending, and investment management. Key features of the fintech experience include mobile-first interfaces, 24/7 accessibility, and tech-driven personalized services.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

PYMNTS

NOVEMBER 20, 2018

In what has been — historically speaking — the blink of an eye, mobile phones have gone from zero to nearly ubiquitous in a remarkably short time. Today, more than 5 billion people on planet earth carry a mobile phone of some description. In short, the mobile device has become the necessary navigation tool for day-to-day life.

Online and Mobile Banking 75

Online and Mobile Banking Push-to-Card Payments Privacy 75