PYMNTS

FEBRUARY 4, 2020

According to Bill Sheley, head of global push payments at Visa , the acquisition would help Visa to move “beyond the card” and achieve a “two-account disbursement model.” Use cases extend across online marketplaces, gig economy payroll payments , cross-border remittances, loan payouts and insurance disbursements, to name a few.”.

Cross-Border 100

Cross-Border Cross-Border Payments Treasury Push-to-Card 100

PYMNTS

MAY 8, 2020

Square’s Q1 ended with slowing gross payment volumes , pushed by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. There was some upside to Square’s earnings report — the surging popularity of Cash App pushed by stimulus payment deposits.

Economy 75

Economy PayPal Payments Push-to-Card 75

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. We truly believe that we can help local economies, and community banks are a key part of that.”.

Online and Mobile Banking 76

Online and Mobile Banking Community Banks Push-to-Card Card Issuer 76

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Push-to-Card 98

Push-to-Card Credit Cards Contactless Payments On-Demand 98

The Fintech Times

FEBRUARY 24, 2025

The partnership will feature Mea Push Provisioning and Mea Card Data solutions that enable issuers and fintechs to activate OEM (original equipment manufacturer wallets), including options such as Apple Pay, Google Pay and Samsung Pay.

PCI DSS 59

PCI DSS Issuers Push-to-Card Origination 59

PYMNTS

DECEMBER 3, 2020

And while the origins of that trend pre-date the current crisis, Silvana Hernandez , senior vice president of digital payments at Mastercard , tells PYMNTS that the pandemic has sped up the process. Additionally, the initiative can serve the gig economy through offering real-time payments to any account. The Value Proposition.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

The Finance Weekly

FEBRUARY 14, 2022

The unpredictability of the pandemic along with market volatility in a global economy has made for some unprecedented financial challenges. Lastly, inflation is a 2022 wild card. As we approach 2 years since the start of the pandemic, it’s safe to say that most professional long term predictions have been shaky at best.

Automation 130

Automation Push-to-Card Fed Finance 130

PYMNTS

FEBRUARY 12, 2019

The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. and also across borders.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58

PYMNTS

FEBRUARY 19, 2020

The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out some of the best and most inventive traits in people. Unfortunately, the emergence of the COVID-19 coronavirus also demonstrates that this is only true for some of the population.

Bitcoin 93

Bitcoin Push-to-Card ATM Origination 93

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. According to a recent McKinsey report, the Insurtech industry already contributes £5 billion and 60,000 jobs to the UK economy. They also enable customers to pay simply and seamlessly via a bank transfer.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

PYMNTS

MAY 15, 2019

The acquisition, Bill Sheley, head of global push payments at Visa , told Karen Webster, helps move Visa “beyond the card” and, writ large, helps the payments giant to embrace a “two-account disbursement model.” To that end, Visa has taken the “buy” path, and said last week that it gained control of Earthport , having bought the U.K.-based

Cross-Border 74

Cross-Border Cross-Border Payments Credential Wire Transfer 74

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 137

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 137

PYMNTS

DECEMBER 24, 2020

Airbnb did reportedly move its widely anticipated IPO from the spring to late fall, but went public in December at $68 a share — way above both its original pricing range of $44 to $50 and an upwardly revised $56 to $60. The stock then soared 112.8 percent to end its first trading day to close at $144.71. 9 to close at $189.51.

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Growing the internet economy. Supporting merchant partner growth.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

PYMNTS

MAY 31, 2018

It’s been three years since Mastercard started its Send offering for card-based push payments. In the tech world, that’s a long time, but in the banking space, things can move a bit more slowly – which means Mastercard Send is still breaking into new use cases beyond its original intent. From P2P to B2B.

P2P 49

P2P Visa B2B Push-to-Card 49

PYMNTS

JULY 14, 2020

Those declines were pushed largely by JPMC’s hard-hit consumer banking segment, where revenue fell 26 percent to $5.1 Those declines were pushed largely by JPMC’s hard-hit consumer banking segment, where revenue fell 26 percent to $5.1 Card sales volumes are down, but have been consistently trending upward since April,” Dimon said. “We

Volume 65

Volume Credit Cards Non-Bank Push-to-Card 65

PYMNTS

MARCH 4, 2020

In one interview, Sherri Haymond, Mastercard’s executive vice president of digital partnerships, noted that the payment giant’s network evolutions can be traced from its original focus on banks and card products. MoneyLion [has been] playing a part in facilitating ‘instant everything,’” Choubey said. Pairing for success.

Visa 61

Visa FinTech Push-to-Card Financial Inclusion 61

PYMNTS

OCTOBER 10, 2019

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. The Upgrade Card is tied to a line of credit that can be used everywhere that Visa cards are accepted. Interest rates on the Upgrade Card range from 6.49 Today (Oct.

Credit Cards 61

Credit Cards Product Push-to-Card Consumer 61

PYMNTS

FEBRUARY 27, 2019

But data shows that what consumers increasingly do want is money pushed to them via the alias known as the debit card. Roughly 84 percent of consumers surveyed prefer the debit card to a mobile phone number or email alias. Millennial consumers probably wouldn’t be so generous. on a scale of 100.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

FEBRUARY 8, 2020

That is also one of the biggest shopping days of the season, and we strongly suspect a lot of rings bought on that day were originally intended to be Dec. And as the season of bold, jewelry-backed expressions of love is coming to an end, consumers are gearing up for once last spending push to seal off the season. In total $1.7

Push-to-Card 74

Push-to-Card Economy Consumer Origination 74

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Amazon Payments.

Online and Mobile Banking 101

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

PYMNTS

APRIL 26, 2018

There was a lot going on during PayPal ’s quarterly earnings report yesterday (April 25), as the original “Pay” player managed to beat analyst expectations nearly across the board and even forecast a better-than-expected result for the rest of the year. PayPal does not want to be a bank. “I

Financial Inclusion 51

Financial Inclusion PayPal Underserved Push-to-Card 51

PYMNTS

NOVEMBER 11, 2019

Payments is a different game than theoretical physics, but the industry has its own push for unification — in this case, a single card that serves as a one-stop shop for transactions or financial services. The latest example of this comes from Curve. Bank Opportunity.

Consumer 43

Consumer Push-to-Card PayPal Payments 43

PYMNTS

SEPTEMBER 23, 2020

Disneyland was initially set for a phased reopening starting in mid-July , a plan that was pushed back as California’s COVID-19 cases increased over the summer. Florida’s caseload has dropped, and there have been no reports of major outbreaks detected or originating from Disney World. Hit harder than most U.S. Help us reopen.

Contactless Payments 77

Contactless Payments Push-to-Card Consulting Origination 77

PYMNTS

APRIL 16, 2020

and around the world, the focus for everyone has to be on battling back the coronavirus first and re-opening the economy second. Bank of America’s quarterly earnings report yesterday bore that out as the bank reported a 48.5 percent drop in first-quarter net income on Wednesday (April 15) and announced it was setting aside an additional $3.6

Volume 63

Volume Push-to-Card Direct Deposit Shutdown 63

PYMNTS

SEPTEMBER 6, 2019

Coverage includes a story about how bamboo straws signal a new phase in global commerce, a new mobile payment network and Amazon’s latest push into biometrics, among many other topics and original PYMNTS research. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Chip cards are now accepted at more than 3.7

Cross-Border 46

Cross-Border Cross-Border Payments Innovation Online and Mobile Banking 46

FICO

APRIL 13, 2017

There will be more rate hikes to come if the economy stays on this course, and in the event the deficits grow, it will pretty much guarantee what we already expect on the interest rate front. The most interesting observation is the uptick in origination delinquencies, which we see across the board relative to 2013.

Push-to-Card 40

Push-to-Card Origination Fed Economy 40

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. The Two Faces Of Consumer Credit. That amounts to $13.2

Non-Bank 58

Non-Bank Online and Mobile Banking Push-to-Card Consumer 58

PYMNTS

DECEMBER 13, 2017

It has been 14 months since the first phase of Same Day ACH credits debuted, and in numbers via a joint study by PYMNTS and NACHA, business origination of Same Day ACH credit has been significant, with clear trends in place that show healthy use and demand. But others are pushing forward, particularly with respect to funds availability.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. According to data from Pay.UK, the Current Account Switch Service (CASS) has completed 10.9 million switches since its launch and successfully redirected 152.7 Nationwide, for example, spent up to £39 million in 2023 alone.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

PYMNTS

OCTOBER 1, 2018

Ten years after Visa and Mastercard launched, they had each licensed their tech to thousands of banks that had cards in the hands of millions of consumers, who were using them to buy things at millions of merchants. The end of this month, Oct. Ten years after Amazon launched, it was nearing 70 million users and had just launched Amazon Prime.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

JULY 4, 2017

The goals, numbering several, have been noble ones, simply put: To bring more people into the economy, to speed technology adoption and to cut down on tax evasion and black market activities. In addition, BharatQR also pushes payments crossing banks further in the mobile age, as it reads labels and uses mobile devices, aiding merchants.

Online and Mobile Banking 44

Online and Mobile Banking ATM Push-to-Card Financial Inclusion 44

PYMNTS

JUNE 25, 2018

From music royalties to airline vouchers, there are many reasons organizations may need to push payments to individuals in various amounts, currencies, forms and frequencies, including real time. Hyperwallet has already made headway in marketplaces, cross-border, and the gig and digital economies. Why PayPal?

PayPal 60

PayPal Cross-Border Addressing Push-to-Card 60

PYMNTS

MARCH 28, 2017

He also strongly advised that people take out as many credit cards as they could and marry someone with good credit before officially telling the Federal Department of Education (DoE) to get lost. That brings the total value of federal loans originated by financial institutions (FFEL) and the U.S. Which, of course, they won’t do.

Push-to-Card 46

Push-to-Card Economy Enrollments Credit Cards 46

PYMNTS

OCTOBER 18, 2019

That instant payments have been a significant boon to workers in the gig economy is almost inarguable. There has been a lot of focus on workers entering the gig economy. A glance at the data demonstrates why. A Multipronged Approach To Financial Stability For Gig Workers. It was basically an analog process,” Siddiqi said.

Visa 40

Visa Debit Card Instant Payments Push-to-Card 40

PYMNTS

DECEMBER 26, 2018

And more often than not, the podcast discussions include PYMNTS research reports and original data, sometimes in collaboration with others. A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal.

Cross-Border 62

Cross-Border Real Time Payments RTP Online and Mobile Banking 62