This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Retail workers across the country continue to face the challenge of paying bills on time with continued stubbornly high inflation, according to a new study from Talker Research, commissioned by DailyPay. ” Additionally, retail workers surveyed feel On-Demand Pay is the answer to their current financial problems. .”
A positive payment experience makes 82% of global online sports-bettors stay to continue wagering with sportsbooks, according to new research released today by leading payments platform Paysafe (NYSE: PSFE). With players demanding rapid payouts, 42% of global players expect to cash-out instantly.
UK SMEs must quickly adapt to modern payment solutions for SMEs as new research from DECTA reveals a major shift in consumer preferences. From faster checkouts to mobile wallets, today’s buyers demand seamless and flexible transactions—and small businesses can no longer afford to fall behind. trillion in turnover annually.
The research also found that Open Banking payments are most likely to be used by younger demographics – with nearly half of 25-34-year-olds, and 37% of 18 to 24-year-olds, using it to make payments. This highlights a clear opportunity for innovation in the industry to address these gaps and adapt to evolving consumer demands.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
The annual State of Payments report expanded this year to survey a total of 1,000 small to medium-sized businesses (SMBs) along with 3,000 consumers across the US and UK, finding that consumer demand for flexible, real-time, and digitally integrated payment experiences is increasing.
As money moves between banks, consumers, businesses and beyond in a complex cycle, credit and debit cards continue to play a leading role in the payment experience, said Chris Como, Head of Cards and Money Movement at FIS.
Sezzle is seeking trebled damages and an injunction preventing Shopify from continuing the practices alleged. Home News Payments Sezzle files antitrust suit against Shopify Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0, However, these bilateral linkages are resource-intensive, a challenge thats being addressed through Project Nexus.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
The research reveals variations in payment preferences based on context, ranging from everyday essentials to high-value purchases. Online shopping continues to dominate, with 80% of millennials conducting the majority of their shopping online.
As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. The demand for innovative payment solutions is clear, with high-income groups particularly keen on adopting VRPs.
Businesses are demanding more cost-effective and secure payment methods that do away with the “unfair” chargeback model, according to a new report by open banking infrastructure provider, Yapily. Two-fifths of businesses believe the current chargeback process is too skewed in favour of consumers.
Complementing their technology advantage, fintech companies have also adopted agile development methodologies that prioritise rapid prototyping, continuous integration, and frequent customer feedback. The demands of modern payments have created challenges for outdated systems.
The e-book highlights the rise in cross-border spending, fuelled by a resurgence in tourism and the continued growth of eCommerce. By combining industry research, data, and proprietary insights, JCB, Worldpay, Nexi and Worldline have shared a comprehensive perspective on the European payments landscape.
According to Juniper Research, the global transaction value processed via SoftPOS will reach $11.8 According to Tribe, these legacy POS system inefficiencies are rupturing revenue streams, leaving a gap that modern SoftPOS solutions can fill. Additionally, merchants cite high maintenance costs of legacy POS systems.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. billion of losses worldwide over the next ten years, industry research firm Nilson Report predicted in a January. You can unsubscribe at anytime.
Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year? Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8
A new focus on digital identity verification As the financial landscape continues to evolve, the importance of Anti-Money Laundering ( AML ) and Know Your Customer (KYC) processes has never been more pronounced. By James Roberts , Digital Marketing Manager at FullCircl.
This new card will improve the flexible payments ecosystem which is projected to reach $14.7billion by 2027 according to Ken Research. This demand stems from the country’s thriving e-commerce sector and rise in digital payment solutions.
E-commerce merchants must embrace local payment methods in order to unlock significant growth, suggests a new report from market research firm Juniper Research. The research also suggests that payments for digital subscription services will grow the fastest in and around India over the next five years.
To further illustrate this development: In a recent global survey by CFO Research and Globalization Partners, 81% of CFOs stated their company’s long-term growth strategy includes international expansion, either which are currently ongoing, or in their future plans. Remote work has proven its value during the pandemic.
This research, conducted at the Oxford University’s Future of Finance and Technology Research Initiative in partnership with Open Banking Excellence (OBE), provides an in-depth analysis of the current status of open banking in the U.S., Open banking in the U.S. has relied more on voluntary industry initiatives. market-driven approach.
The research examines how digital transformation and shifting customer expectations are transforming payment strategy into a key differentiator in customer experience and business growth. Recent market data shows this demand is reaching a tipping point across Europe. Industry Voices "Merchants are still flying blind at checkout.
The research shows variation in payment preferences based on context – from everyday essentials to high-value purchases. Online shopping continues to dominate, with 80% of millennials conducting the majority of their shopping online.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. Our research found that 51% of consumers store funds directly in payment apps, effectively using them as alternative bank accounts.” You can unsubscribe at anytime.
DailyPay , a worktech company and leading provider of on-demand pay, continues to prioritize the growth and expansion of its platform to meet the needs of its millions of workers nationwide. DailyPay’s partnership with the CAN is yet another example of the continued growth of DailyPay’s worktech platform.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. billion, according to a 2024 report from the research firms Oliver Wyman and Celent. You can unsubscribe at anytime. Andrew Harnik via Getty Images Dive Brief: Four U.S.
While European, American and Chinese markets have largely found their digital banking champions in Revolut, Chime, and WeBank, competition in Southeast Asias digital banking remains fierce as regulators continue to roll out digital banking licenses to both neobanks and traditional countinghouses.
Digital wallets, open banking and instant bank transfers are set to become the main forces transforming the payments landscape in the coming year, according to new research by payabl , the European financial service provider. As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.
Investment research budgets are increasing in 2024, particularly in the US, signalling a market rebound, but the potential implementation of the Financial Conduct Authority’ s (FCA) new payment rules could further reshape spending dynamics and competitive practices in Europe. ” What is MiFID II? ” What is MiFID II?
As part of its continuous commitment to supporting the region’s surging digital economy, MiFinity has launched Rabbit Line Pay in Thailand alongside LinkAja and direct bank transfer in Indonesia, with more payment methods slated for integration throughout 2025.
Temenos , FIS , Mambu , Finastra , and Tata Consultancy Services have been identified as the top five core banking system vendors prepared to compete with challenger banks, according to a recent study by Juniper Research.
Taiwan is a key hub for international trade and finance, with a strong demand for efficient cross-border payments. As such, the countrys money influx market continues to grow as Taiwan remains a key trade partner for economies around the world. According to recent data, in January 2025, Taiwan’s total exports amounted to $38.7
For fintechs, this underlines the importance of infrastructure designed to support rapid innovation and adaptability right now, not just when the roadmap demands it. But with demand soaring, data centre operators are under pressure to keep pace. billion in the first half of 2024 , defying a global downturn.
As Monavate accelerates its growth beyond the UK and Europe, Episode Six continues to enable its seamless expansion into new geographies without significant technical lift. Home Announcements Payments Monavate expands Episode Six partnership External This content is provided by an external author without editing by Finextra.
More than 80% of the respondents to a survey conducted by ABI Research on behalf of the NFC Forum said they have used a smartphone or smartwatch to make a contactless payment. The 2024 Study highlights a significant paradigm shift in the way that people use their contactless devices,” says Andrew Zignani, research director at ABI Research.
Merchants are demanding digital transformation solutions, and tailoring its latest product to this desire, PXP , the omnichannel global payment platform, has launched its new technology platform, PXP Unity. It is future-ready by design, empowering merchants with continuous service evolution and emerging technology innovation.”
Continuous transaction controls (CTCs) have been introduced by numerous tax authorities to obtain business transactions in real-time or near real-time to improve the speed and accuracy of tax collection efforts. Continuous transaction controls (CTCs). The result?
s research has shown 43% of consumers say that they would not return to a retailer after a poor checkout experience**, making the payment experience central to maximising this growth opportunity. said: “ E-commerce continues to grow at pace across Europe, and making payabl.’s In response to this accelerating demand, payabl.
This years study highlights a continued shift toward financial-based rewards and cost-saving incentives in consumer loyalty preferences. Interestingly, despite many consumers of the 1,001 surveyed participating in loyalty programmes, only 12 per cent identified as truly brand loyal. When those expectations arent met, they move on.
Results from a new report commissioned by Tietoevry Banking and written by leading research and advisory firm Celent predict continued strong growth in digital commerce to 2035, with the value of digital transactions set to hit €1.090 trillion in five key European markets by the middle of the next decade.
It delivers unified and secure money movement experiences that can be embedded across a variety of customer channels, helping institutions meet digital demands quickly and efficiently. While our Dimensions research found that 45% of U.S.
As DailyPay , a worktech company and provider of On-Demand Pay, continues its global expansion, it is launching its platform in Canada. DailyPays On-Demand Pay solution aims to help workers in the US pay fewer late fees on their bills and incur less credit card interest charges.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content