Fintech News

JANUARY 14, 2025

While online payments have taken off, many consumers still favour credit cards or cash for offline purchases. Notably, a greater share of respondents in metro China, compared to the rest of the Asia Pacific, view digital payments as more secure than credit cards.

APACS 113

APACS eWallet Online and Mobile Banking Credit Cards 113

Fintech Finance

DECEMBER 20, 2024

Patricia previously served as VP of Technology Operations and Delivery at Zopa, where she led risk management and process improvements, and Senior Director of Software Engineering at LexisNexis Risk Solutions, spearheading AML and compliance technology initiatives.

APACS 97

APACS Issuers Credit Cards AI 97

PYMNTS

DECEMBER 16, 2016

In a press release, the CFPB said the beta version of the tool encompasses the mortgage, credit card, auto loan and student loan markets. This critical information will help us identify and act on trends that warn of another crisis or that show credit is too constricted.”.

CFPB 64

CFPB Credit Cards Consumer Financial Protection Bureau (CFPB) Risk Management 64

Fi911

FEBRUARY 14, 2024

Payment processors and acquiring banks employ this risk management strategy to safeguard against potential losses associated with a merchant’s transactions. The post Merchant Account Reserves: A Strategic Risk Management Tool for Banks appeared first on fi911blog. Why Do Acquirers Mandate Account Reserves?

Risk Management 105

Risk Management Risk Accounts Processors 105

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

PYMNTS

OCTOBER 27, 2016

ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are not seen applying again for at least 12 months. A frequently referenced Bankrate.com study reported that 63 percent of millennials do not have a credit card.

Credit Cards 74

Credit Cards Credit Risk Risk Management Research 74

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. A Bank Identification Number, or BIN, is the first six digits of a payment card number, such as a credit, debit, or prepaid card.

Process 104

Process Processors Payments Compliance 104

Stax

MAY 23, 2025

These APIs enable your users to accept credit cards, debit cards, ACH, and other payment options without ever leaving your platform. There’s no need to re-enter credit card data for future purchases when using an integrated payment processing solution – this is true regardless of payment method.

ISVS 88

ISVS Best Practices Payment APIs and Integration Enrollments 88

Fintech News

APRIL 24, 2025

billion financial services platform Dianrong 1 billion lending solutions Wacai 1 billion wealth management CGTZ 2.41 billion asset management XTransfer 1.4 billion XTransfer created a global payment platform powered by data insights, automation, and risk management tools. billion credit lines Slice 1.8

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Stax

JANUARY 23, 2025

Whether you’re running a small eCommerce shop or managing a high-risk industry venture, understanding merchant underwriting can help you navigate the approval process and maintain a strong partnership with your payment service provider. These tools can provide detailed insights into merchant behavior and risk levels.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Payments Source

OCTOBER 13, 2020

The findings of a recent TD Bank survey suggest that targeting millennials for new credit cards will require surgical risk-management as the economy lurches toward an uneven recovery.

Credit Cards 103

Credit Cards Risk Management Economy Risk 103

Payments Source

MARCH 30, 2016

But it's not as unusual as my credit card issuer might think, and that's part of the problem for prevailing identity management strategy. I don't normally buy $300 of pizza.

Risk Management 61

Risk Management Card Issuer Risk Issuers 61

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Fintech Finance

SEPTEMBER 6, 2024

Christensen will lead the company’s global acquiring and risk management teams, working to grow and manage relationships with processors and banks, as well as overseeing the underwriting and risk functions. He brings 20 years of experience in financial risk, electronic payments and credit cards to the role.

Risk 105

Risk Acquirers Risk Management Underwriting 105

FICO

APRIL 19, 2023

Home Blog FICO UK Credit Cards: Are "Established" Accounts in Trouble? The percentage of Established UK credit card accounts with two missed payments is more than 83 percent higher than all account vintages. The percentage of Established UK credit card accounts with three missed payments is nearly 94 percent higher.

Credit Cards 52

Credit Cards Accounts Risk Management Risk 52

Fintech News

OCTOBER 8, 2024

Surfin began with consumer lending and has since expanded into various financial services, including payments, remittance, credit card issuance, and wealth management. It has also launched Sufinc, a credit card service in Mexico in partnership with Visa, which allows customers to make payments globally with no annual commission.

FinTech 117

FinTech Credit Cards Risk Management Payment Gateways 117

Payments Source

SEPTEMBER 2, 2020

Subprime borrowers, who rely more on credit cards than any other group, are seeing their limits cut the most as banks reduce exposure during the coronavirus pandemic.

Credit Cards 71

Credit Cards Risk Management Risk 71

Clearly Payments

APRIL 8, 2025

Go-to-market plans for international expansion Compliance and risk management , especially in regulated industries Think of us as your outsourced payments strategy teamready to help you make confident decisions as your business evolves.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Payments Source

NOVEMBER 7, 2017

For much of the last decade, credit card companies and issuers have fine-tuned security to the point where if any suspicious activity occurs on a cardholder account, that cardholder will receive an alert. That same sort of transaction and behavioral analytics is starting to come into other business sectors and walks of life.

Credit Cards 69

Credit Cards Cybersecurity Issuers Transactions 69

M2P Fintech

JANUARY 4, 2024

The co-branded credit card market is witnessing a meteoric rise. The surge is driven by the potential of co-branded credit cards to deliver innovative solutions, unlock new markets, and strengthen customer relationships. Are co-branded credit cards the next big opportunity for banks? Valued at $12.34

Credit Cards 59

Credit Cards Due Diligence FinTech Compliance 59

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer.

Credit Cards 56

Credit Cards Credit Union Identity Theft Card Issuer 56

Stax

JANUARY 21, 2025

While credit cards are the most preferred payment method for up to 40% of Americans , not all payment gateways support every type of credit card. For example, most payment gateways accept payments from major credit cards like Visa and Mastercard, but only a small percentage accept Discover and American Express.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration PCI DSS 88

The Fintech Times

NOVEMBER 2, 2024

A handicrafts shop manager in Thimphu described the challenges posed by the lack of ATMs, credit card authorisation systems, and other financial infrastructure catering to international customers.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Stax

NOVEMBER 13, 2024

Making a payment via the ACH network differs from making a payment with a credit card in that you are sending the money directly from one account to another, instead of charging it to a card you would later be liable to repay. Learn More What are ACH Credit Payments? What are ACH Debit Payments?

ACH 88

ACH ACH Network Payer Payee 88

The Fintech Times

DECEMBER 9, 2024

“Implementing comprehensive risk management strategies and diversifying technological dependencies are essential steps to mitigate the impact of unforeseen incidents, thereby maintaining the stability and reliability of payment systems. Where do you see it driving innovation?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

M2P Fintech

AUGUST 8, 2023

The credit card industry in India is booming. crore* credit cards in circulation, a substantial jump from 7.5 But only 5%** of the population has a formal credit card. This is a huge opportunity for credit card issuers. Currently, there are 8.5 crore just a year ago.

Credit Cards 52

Credit Cards Payment APIs and Integration Issuers API 52

FICO

JUNE 28, 2018

Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations. Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered by technology from analytics software firm FICO.

Credit Cards 51

Credit Cards Origination Risk Assessment AI 51

The Payments Association

JANUARY 21, 2025

Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusive payment solutions.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

FICO

JANUARY 24, 2023

FICO’s latest market report of UK card trends suggests that consumers managed their credit card debt to keep lines of credit open for the festive season as spend increased month on month. percent Clearly, November was a mixed story when it came to credit card spend and debt management.

Credit Cards 52

Credit Cards Consumer Payments Advisors 52

Fintech News

MARCH 4, 2024

The imposition of restrictions four months prior stemmed from alleged non-compliance with OJK’s supervisory obligations , which include stringent requirements on risk management and good corporate governance.

BNPL 114

BNPL Non-Bank Credit Cards Risk Management 114

VISTA InfoSec

APRIL 28, 2024

These requirements apply to any organization that processes, stores or transmits credit card information. Installing and maintaining a firewall configuration to protect cardholder data. The banks are: Visa Mastercard Discover JCB American Express What are the PCI DSS requirements?

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

FICO

OCTOBER 12, 2021

But the signs of financial pressure are also evident with an increase in average balances on accounts with missed payments and growth in card usage on cards – another sign of financial stress. Eight-year high for increasing spend on UK cards. The average spend on UK credit cards increased £23 to £711 in August 2021.

Credit Cards 52

Credit Cards Consumer Travel Rule Issuers 52

Fintech Finance

JULY 23, 2024

Bank Advanced Receivables brings together the bank’s leading payment and risk management capabilities with Billtrust’s top AR technology to improve the intricate business-to-business (B2B) receivables process. Credit: The platform is designed for a more efficient way of extending credit to buyers.

Automation 98

Automation Accounts Risk Management Treasury 98

PYMNTS

JANUARY 18, 2021

Such touchless payment options are being used alongside traditional ones like credit cards and checks. Incidentally, there is no one-size-fits-all solution to tackling these risks, as one firm’s best practices may not be as effective for another’s operations.

API 127

API Treasury Best Practices Risk 127

FICO

JULY 26, 2021

The signs from our UK Credit Market Report for May suggest that consumers are practicing pragmatic financial management, as well as continuing to make use of savings accrued during the pandemic. There are, however, warning signs in our UK credit card data of the financial pressure growing for those already in debt.

Credit Cards 52

Credit Cards Issuers Accounts Card Issuer 52

The Fintech Times

JANUARY 18, 2025

It offers businesses seamless access to a diverse range of global payment options, including credit cards, e-wallets, and local payment solutions.

SARS 59

SARS Cross-Border Settlement Multi-Currency Online and Mobile Banking 59

FICO

NOVEMBER 16, 2021

Our monthly UK Credit Market Report analyzing UK credit card trends for September 2021 shows the contrasting conditions that have been seen throughout 2021 continue. UK Card average spend falls for third time in 2021. The average spend on UK credit cards in September 2021 decreased £3 to £708. Looking ahead.

Credit Cards 52

Credit Cards Issuers Card Issuer Caps 52