Fintech News

NOVEMBER 12, 2024

To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said. On the international front, cross-border payments have presented a different set of challenges.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

PYMNTS

MAY 27, 2020

We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. Even waving the card at the point of sale (POS) may face headwinds because of transaction limits.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

PYMNTS

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. 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. To that end, the banking giant J.P.

Point-of-Sale (POS) 122

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

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

PYMNTS

MAY 13, 2020

Contactless has existed for a long time, but consumers were slow to adopt, mostly because they didn’t have much of a compelling reason to do something differently — their cards worked fine. And at the point of sale (POS) at grocery stores, where they are still shopping in person, they are realizing something important.

Contactless Payments 100

Contactless Payments Point-of-Sale (POS) Push-to-Card Innovation 100

PYMNTS

NOVEMBER 5, 2020

Innovating on the point of sale (POS) for consumers isn’t a one-shot deal. They were staying digital because it was looking like the better game in town and one that consumers were actually enjoying enough to stick with. Because over the last six months, the consumer commerce journey has changed quite widely.

Innovation 110

Innovation Point-of-Sale (POS) Push-to-Card Payments 110

PYMNTS

JANUARY 20, 2020

Quite to the contrary, if the various unnamed sources cited are correct, Amazon is thinking a lot about its hand-based payment technology these days, and not just about how it can be applied to the point of sale (POS) at Whole Foods and Amazon Go locations — as had been previously reported. JPMorgan Chase & Co.,

Payments 110

Payments Push-to-Card Point-of-Sale (POS) Issuers 110

PYMNTS

JUNE 10, 2020

The trouble, Blackhawk Network CEO and President Talbott Roche told Karen Webster in a recent digital discussion, hasn’t been that consumers or merchants have had an adverse reaction to contactless payment methods — so much as they’ve had something of an inertial connection to cards. “A

Digital Payments 59

Digital Payments Contactless Payments Payments Point-of-Sale (POS) 59

PYMNTS

DECEMBER 4, 2020

For example, the digital channel — which had already been growing quickly to take up more of the holiday spending pie in recent years — is exploding as the pandemic has pushed consumers away from shopping in physical stores. The double-digit percentage growth didn’t come as much of a surprise. The Time To Engage Members Is Now.

Credit Union 89

Credit Union Push-to-Card Point-of-Sale (POS) Consumer 89

The Fintech Times

APRIL 8, 2024

With consumers being at the heart of a lot of startups, a new partnership between Yabx , the sustainable financial inclusion fintech, and PayCliq , the business payment tool provider, is looking to accelerate merchant credit capabilities. The Middle East and Africa (MEA) has emerged as a region that is no stranger to innovation.

Financial Inclusion 69

Financial Inclusion Point-of-Sale (POS) Settlement Addressing 69

PYMNTS

JUNE 20, 2019

That being obvious doesn’t make it any less true — or any less meaningful to those involved in payments and commerce. However, there is a growing hope that sound — yes, sound — can help solve the friction problem, promote omnichannel efforts and even reduce payment costs for merchants. Solving For Friction.

Point-of-Sale (POS) 81

Point-of-Sale (POS) Payments Push-to-Card Innovation 81

PYMNTS

JUNE 9, 2020

Supply and demand get a bit balanced in the digital realm. Card-not-present (CNP) transactions are increasingly eyed by fraudsters. Card-not-present (CNP) transactions are increasingly eyed by fraudsters. late last year, making it easier to pay for online purchases without entering credit card information.

Visa 56

Visa Online and Mobile Banking Push-to-Card Enrollments 56

Fintech Finance

MAY 30, 2024

Today at the annual Visa Payments Forum for Central and Eastern Europe, Middle East and Africa, Visa unveiled a suite of new products and services that will ­revolutionize the card and address the future needs of consumers, merchants and the financial institutions that serve them across the region.

Online and Mobile Banking 52

Online and Mobile Banking Product Credential Micro-Entry 52

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. According to Onbe, 73% of consumers prefer using digital payments like cards and payment apps. But to seamlessly receive these payments as a merchant, you’ll need merchant processing services.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Fintech Finance

APRIL 8, 2024

With approximately 100 million MSMEs in Africa and 42 million in Nigeria alone, consumer payments on the continent are projected to exceed $2.1 AI scoring partner, Yabx is poised to speed up the uptake of digital payments by building a lending infrastructure for small businesses. trillion by 2025.

Financial Inclusion 52

Financial Inclusion Point-of-Sale (POS) Settlement Addressing 52

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Amazon Payments. Amazon has aggressively invested in payments infrastructure and services over the last few years. Making payments more cash efficient for Amazon and frictionless for customers is a key priority.

Online and Mobile Banking 101

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

PYMNTS

JUNE 27, 2019

Visa announced that it will bring the power and ubiquity of installment lending to digital and physical points of sale (POS) through application program interfaces (APIs) that support the development of customized installment plan options for Visa cardholders. Where installment payments are available, they are well liked.

Issuers 75

Issuers API Ubiquitous Credential 75

PYMNTS

SEPTEMBER 5, 2019

Biometric payments are making another run at the grocery store, this time at the hands or Amazon. Amazon, the company that brought consumers scan and go, is about to bring consumers pay by hand — a new payment system designed to allow Whole Foods shoppers to pay for their groceries by merely waving at a scanner.

Payments 76

Payments Push-to-Card Point-of-Sale (POS) Consumer 76

PYMNTS

APRIL 23, 2019

In the digital age of hospitality technology, restaurants have a trove of tools to help serve customers in their stores. Overall, merchants in the $1 trillion accommodation and food services market see digital innovation as key for staying competitive in the space. percent — innovated to remain competitive.

Innovation 60

Innovation Point-of-Sale (POS) Payments Push-to-Card 60

PYMNTS

MAY 14, 2020

The pandemic required full-on digitization for many businesses to keep revenue flowing, but simply setting up shop online is no longer enough to keep customers happy. The sudden rush to digitize has led to an impressive transformation for many firms. Optimizing The Payments Experience. Brand Loyalty’s Surging Importance.

Contactless Payments 67

Contactless Payments Payment APIs and Integration Point-of-Sale (POS) Payments 67

PYMNTS

DECEMBER 4, 2019

percent say it takes too long for funds to settle, which is felt when small business receive payments through checks or ACH. And nearly 66 percent believe it is “very” or “extremely” important for companies to have access to funds as soon as customers make payments. Even strong sales may not translate into a steady stream of cash.

Settlement 66

Settlement Visa Small Business Point-of-Sale (POS) 66

Clearly Payments

SEPTEMBER 16, 2024

Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers and businesses. What are Contactless Payments? Here’s a breakdown of each type and its growing significance: 1.

Contactless Payments 52

Contactless Payments Push-to-Card Payments Transactions 52

PYMNTS

JULY 27, 2020

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment capabilities to WhatsApp in Brazil. Leveraging an Ecosystem to Ride Out Uncertainty.

Online and Mobile Banking 61

Online and Mobile Banking Central Bank Point-of-Sale (POS) Instant Payments 61

PYMNTS

OCTOBER 23, 2020

Volante CEO and Founder Vijay Oddiraju told Karen Webster during the latest This Week In Payments conversation that while the pandemic has been bad news, it has also opened up the door to innovation. . Digital innovations of every shape and size now all need to have been put into place yesterday. In the U.S.

Cross-Border 71

Cross-Border Contactless Payments Cross-Border Payments On-Demand 71

FICO

SEPTEMBER 14, 2021

A few weeks ago US economists were surprised when the Commerce Department reported that retail sales rose by 0.6% As consumers flock back to stores , some may be surprised and delighted to learn that they can use popular person-to-person (P2P) payment apps like Venmo and PayPal at the cash register. Let’s take a look. . Hello Panda.

P2P 52

P2P Venmo Online and Mobile Banking PayPal 52

PYMNTS

NOVEMBER 13, 2019

The conventional wisdom that all a merchant must do to keep customers coming into stores or clicking through sites and pulling out wallets (digital and tangible) is to keep them satisfied is conventional, yes, but not wise. One way for retailers to offer a differentiating experience can be at the point of sale, said Vladic.

Multi-Currency 47

Multi-Currency Point-of-Sale (POS) Push-to-Card Consumer 47

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Law Enforcement 43

Law Enforcement Laws Visa Push-to-Card 43

PYMNTS

JANUARY 6, 2020

In the old world, he said, QSR transactions were all done at the point of sale (POS) in the store, and chargeback concerns weren’t high on the worry list because QSRs weren’t responsible for them. Making a digital addition is still a change to the customer experience.

Credential 52

Credential Fraud Prevention Point-of-Sale (POS) Push-to-Card 52

PYMNTS

JANUARY 10, 2020

Every weekday, 135 million American commute to work, an act that creates nearly $212 million in commerce potential a year according to the 2020 Edition of the PYMNTS Digital Drive report. But, he noted, it was also still just one of many to come. Unlocking Voice Commerce’s True Potential . And of those consumers, 51.2

Use Case 55

Use Case Point-of-Sale (POS) Push-to-Card Consumer 55

PYMNTS

FEBRUARY 7, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. The changes were outlined in a document sent to banks by the payments firm and would be the most sweeping structural change in a decade. and Canada.

Online and Mobile Banking 49

Online and Mobile Banking Visa Point-of-Sale (POS) Push-to-Card 49

PYMNTS

OCTOBER 19, 2018

Maybe a diner prefers to have the waiter bring the payment terminal to the table instead of disappearing with the credit card and all of its sensitive data — still common in the United States, though the famous European habit of settling the bill at the table is making inroads here at restaurants and even some upscale bars. Fresh Tech.

Payments 63

Payments Push-to-Card Point-of-Sale (POS) Use Case 63

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. The High Stakes Of Offering Contactless.

Contactless Payments 74

Contactless Payments Credit Union Innovation P2P 74

Fintech News

MARCH 23, 2025

As India continues to lead in digital financial innovation, its fintech unicorns are expanding their influence across all emerging financial services. The move has pushed its valuation beyond USD $10 billion, also making it a decacorn. Today, as of March 2025, India is home to 27 fintech unicorns. million transactions , a 7.8%

FinTech 73

FinTech Push-to-Card Online and Mobile Banking Credit Cards 73

PYMNTS

NOVEMBER 20, 2018

There are billions of devices always on the internet, creating massive clouds of data exhaust whenever they are used to … enable commerce or make a payment,” Sondhi said. The device that nearly every Indian consumer owns and uses has become their onramp for digital payments — for both merchants and consumers. “The

Online and Mobile Banking 75

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