PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

The Fintech Times

MARCH 20, 2024

After years of pushing to a fully digital payments landscape that will in theory see a cashless economy in the (reasonably) near future, it could all come tumbling down after a series of technical issues that has seen major retailers unable to process card or contactless payments and once again relying on notes and coins.

Contactless Payments 115

Contactless Payments Push-to-Card Payments Online and Mobile Banking 115

PYMNTS

JULY 7, 2020

Fernando Souza , vice president at payments platform CyberSource , a Visa solution, told PYMNTS in a recent conversation that such fears have public transit systems around the world looking at moving to EMV contactless payments and away from cash, paper tickets and closed-loop, card-based systems.

Contactless Payments 67

Contactless Payments EMV Payments Online and Mobile Banking 67

PYMNTS

SEPTEMBER 4, 2020

The days of consumers at the local coffee shop or retailer queuing up the register, inserting cards and punching in PINs are likely in the rearview mirror. The rise of contactless payments is being driven by, and in turn is also driving a pivot away from, hardware – specifically the dedicated terminals at checkout – and toward SoftPOS.

Contactless Payments 95

Contactless Payments Online and Mobile Banking Push-to-Card Underserved 95

PYMNTS

JULY 2, 2020

Driven by COVID-19 fears and stampeding online, consumers overwhelmed many businesses in 2020 that were unprepared for drastic, sudden eCommerce volume. The COVID-19 pandemic has pushed more consumers to make their day-to-day transactions online. especially when it comes to enabling seamless payment experiences.”.

Compliance 89

Compliance Online and Mobile Banking Contactless Payments Regulations 89

PYMNTS

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. To that end, the banking giant J.P. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Morgan seems to be banking on speed as a selling point to gain traction with smaller firms.

Point-of-Sale (POS) 122

Point-of-Sale (POS) Push-to-Card PayPal Volume 122

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Digital banks, sometimes called Neobanks, push consumers into digital banking and digital payments.

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

JUNE 17, 2020

The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. Instead, they’re now seeking entirely contactless payments in a COVID-19 world.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

PYMNTS

DECEMBER 24, 2020

If there was a defining trend for payments in 2020, or a trend that gained the most traction compared to 2019, it was buy now, pay later (BNPL). Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s.

Contactless Payments 88

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

PYMNTS

JULY 23, 2020

While COVID-19 may be a driving force behind more members becoming accustomed to banking online and utilizing new solutions for transactions, it is expected that they will continue to operate in these new channels and with these new products moving forward,” said Denise Stevens, senior vice president, chief product officer at PSCU.

Online and Mobile Banking 60

Online and Mobile Banking Credit Union Push-to-Card Volume 60

PYMNTS

SEPTEMBER 17, 2020

The CX must also be speedy and seamless, and for the merchants themselves, digital in a way that helps them make their own “money management” efforts more efficient as they digitize their own banking and accounting activities. The trend, after all, is toward contactless transactions. “It Looking Ahead.

Payment APIs and Integration 101

Payment APIs and Integration Push-to-Card EMV Contactless Payments 101

PYMNTS

AUGUST 23, 2019

Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of the most front-and-center examples. A study from Juniper Research found that mobile ticketing is becoming mainstream in sports, with users predicted to spend $23 billion via mobile in 2023, up from $14 billion in 2019.

Online and Mobile Banking 79

Online and Mobile Banking Push-to-Card Credit Cards Debit Card 79

PYMNTS

JULY 3, 2020

For instance, Taylor said one of her bank’s clients runs regional bike shops that have seen business boom to such an extent that “they can’t keep the bikes or the equipment on the shelves.”. But she added that merchants are coming back online with business models that are somewhat different than what came before.

Economy 98

Economy Push-to-Card Small Business Shutdown 98

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

Payments 104

Payments Value Added Service BNPL Payment Gateways 104

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 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Mobile Banking Volume 52

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

Online and Mobile Banking 63

Online and Mobile Banking Push-to-Card Mobile Banking ATM 63

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. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech.

Online and Mobile Banking 101

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

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S.

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

PYMNTS

JUNE 1, 2020

Some governments believe that contactless payments are a relatively safe alternative to cash and traditional credit cards because they spare merchants from handling bills and customers from tapping through POS interfaces. Irish consumers are also spending less, according to the Bank of Ireland.

Contactless Payments 52

Contactless Payments Push-to-Card Point-of-Sale (POS) Credit Cards 52

PYMNTS

NOVEMBER 2, 2020

As PYMNTS noted in the Pandenomics report in early October, “the biggest change of all will likely be the share of consumers shopping for groceries online. percent of consumers who have shifted to grocery shopping online plan to maintain at least some and possibly all of their new digital shopping habits, meaning only 14.7

Push-to-Card 82

Push-to-Card Online and Mobile Banking Consumer Processors 82

PYMNTS

JANUARY 16, 2020

Metro authorities in India are planning to launch automatic fare collection (AFC) gates that will work with the country’s National Common Mobility Card (NCMC) that was introduced in March by the Ministry of Finance , according to reports on Thursday (Jan. Right now, the smart card lets commuters skip the lines to buy metro tickets.

Push-to-Card 53

Push-to-Card Online and Mobile Banking Debit Card Contactless Payments 53

PYMNTS

JULY 3, 2019

That’s when there is generally another point of frustration and friction: checking out after the dental work, perhaps giving over a payment card and signing up for another appointment. Omnichannel is a word that has been bouncing around payments and commerce for some 20 years. The credit goes to omnichannel.

Contactless Payments 53

Contactless Payments Online and Mobile Banking Push-to-Card Procedures 53

PYMNTS

JANUARY 29, 2020

In today’s top payments news, illegal activity involving cryptocurrency is at a record high, U.S. airlines are cancelling all flights to and from mainland China due to the coronavirus outbreak and Starbucks reported 17 percent mobile order growth in its Q1 2020 earnings report. BMO On Taking A Digital-First Approach To Retail Banking.

Bitcoin 52

Bitcoin Transactions Online and Mobile Banking Cross-Border 52

PYMNTS

OCTOBER 1, 2020

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. under the GDPR. under the GDPR.

Online and Mobile Banking 52

Online and Mobile Banking Privacy Regulations B2B 52

FICO

JANUARY 10, 2023

In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. This is not only the case for application fraud — where automation is used to create and submit hundreds if not thousands of applications — but also for card fraud. FICO Admin.

Scams 52

Scams Posting Push-to-Card Compromise 52

The Fintech Times

FEBRUARY 29, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having already explored the biggest upcoming trends in the world of paytech, it is clear that progress in payments becomes drastically different depending on which region of the world you look at.

Payments Trends 59

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

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay is facing an increasingly competitive and complicated world these days.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

Tearsheet

NOVEMBER 19, 2024

From the wearables hype to the in-car payments fad, the past few years have seen many payment methods rise and many fall. The success of any specific payment method is strongly affected by macroeconomic factors, consumers’ perceptions, and technology. Take debit cards.

Payments 52

Payments Debit Card Online and Mobile Banking Push-to-Card 52

PYMNTS

JUNE 2, 2016

Apparently, a mixture of technical difficulties, tepid consumer interest and bank resistance has forced something of a stumble out of the gate for the team over at Apple. “We want to move as quickly as possible; we push it as quickly as possible.” According to figures, Apple Pay usage netted out at around $10.9

Online and Mobile Banking 40

Online and Mobile Banking Push-to-Card Contactless Payments Consulting 40

PYMNTS

OCTOBER 22, 2020

As infection and mortality rates rose and consumers became more concerned about their health and the health of others, it’s not hard to understand why their interest in contactless payments – tepid at best in a pre-pandemic world – skyrocketed overnight. PayPal’s Global Push. in August, and Pay in 3 in the U.K.

BNPL 77

BNPL Payments Trends PayPal Payments 77

PYMNTS

AUGUST 30, 2018

All of which are true, Byrne said, so long as one has pounds in their pocket – because many of the merchants in markets don’t take cards, and will politely direct customers to the nearest ATM when they try to pay with one. For a long time, the foundational problem for SMB and digital payments in the U.K.

Push-to-Card 42

Push-to-Card ATM Small Business Online and Mobile Banking 42

PYMNTS

JUNE 2, 2020

As consumers become used to, and increasingly embrace, life lived digitally, financial institutions (FIs) of all sizes must prepare for seismic shifts in how customers access financial services, communicate with their FIs and make payments. Dusting Off What’s On The Shelf.

Digital Payments 53

Digital Payments Online and Mobile Banking Payments Push-to-Card 53

Clearly Payments

DECEMBER 5, 2023

In the intricate landscape of payment processing, merchants encounter a myriad of options, each playing a pivotal role in the facilitation of financial transactions. The Definition of a Payment Processor A payment processor is a financial service provider that facilitates transactions between a seller (merchant) and a customer.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

PYMNTS

APRIL 28, 2016

A statement that sounds like exactly what you’d expect to hear from the leader of the largest payments network in the world. Competition, Scharf believes, is what will keep every player in payments – large and small – focused on what’s really important – making payments the enabler for commerce in a variety of new end points.

Online and Mobile Banking 44

Online and Mobile Banking Push-to-Card Issuers Innovation 44