Fintech Labs Insights

JANUARY 24, 2025

Table: The Best Fintech Product Launches of 2025 & 2024 Summary Company Date Product Sector Source Market/HQ Ramp launches treasury management product paying 2.5% mo Klarna 24 Jan 2024 BNPL Consumer CNBC Klarna is first BNPL serices with subscription ($7.99/mo)

Product 12

Product FinTech Online and Mobile Banking Credit Union 12

Payments Dive

JUNE 30, 2025

The Consumer Financial Protection Bureau in January proposed an interpretive rule that would require video game companies to comply with the Electronic Fund Transfer Act. Video game companies have been criticized for making it too easy for gamers — children in particular — to overspend while playing their favorite games.

Payments 155

Payments Privacy CFPB BNPL 155

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. EFT stands for Electronic Funds Transfer. ACH Transfers as EFT ACH transfer is a type of EFT, or electronic funds transfer.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. EFT stands for Electronic Funds Transfer. ACH Transfers as EFT ACH transfer is a type of EFT, or electronic funds transfer.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Finextra

APRIL 15, 2025

PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa.

Cross-Border Payments 52

Cross-Border Payments PayPal Cross-Border Funds Transfer 52

PYMNTS

DECEMBER 12, 2019

In the lawsuit, filed in in the United States District Court for the District of Columbia, PayPal said the CFPB rule that requires disclosure for digital wallets and prepaid debit cards places “unreasonable restrictions” on consumers’ abilities to link certain credit products to PayPal accounts.

CFPB 55

CFPB PayPal Rules Consumer Financial Protection Bureau (CFPB) 55

The Paypers

APRIL 5, 2024

Xoom , PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.

Funds Transfer 36

Funds Transfer Stablecoins Cross-Border PayPal 36

Nanonets

SEPTEMBER 28, 2023

One of the most popular methods of processing international payments is through PayPal. PayPal allows businesses to accept payments from customers in over 190 countries. ​Making a wire transfer with Paypal is a very simple process. What is a Wire Transfer? What are PayPal fees?

Wire Transfer 52

Wire Transfer Wire Wires PayPal 52

Nanonets

SEPTEMBER 28, 2023

One of the most popular methods of processing international payments is through PayPal. PayPal allows businesses to accept payments from customers in over 190 countries. ​Making a wire transfer with Paypal is a very simple process. What is a Wire Transfer? What are PayPal fees?

Wire Transfer 52

Wire Transfer Wire Wires PayPal 52

PYMNTS

DECEMBER 16, 2019

Then there was the pushback of the week, care of PayPal, which is looking for better defined mobile wallet rules from the CFPB. Paypal vs. the CFBP. PayPal argues that it has arbitrarily been placed under the jurisdiction of the rules, despite the fact that its purpose it to regulate prepaid or general purpose reloadable cards.

PayPal 52

PayPal Push-to-Card Consumer Financial Protection Bureau (CFPB) CFPB 52

Fintech Finance

SEPTEMBER 6, 2024

The integration of One Inc’s PremiumPay ® and ClaimsPay ® with DigitalEdge Policy, Billing, and Claims allows Cogitate’s insurance customers to offer the latest funds transfer options to their policyholders, including mobile options such as Venmo and PayPal, and other direct payments.

Payment Solutions 94

Payment Solutions Digital Payments Due Diligence Venmo 94

Payment Savvy

NOVEMBER 9, 2022

An Electronic Funds Transfer (EFT) is the movement of money electronically from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems. These can include using a credit or debit card, an electronic check, or an ACH (Automated Clearing House) transfer.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

Stax

JULY 9, 2024

The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. TL;DR An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

PYMNTS

MARCH 12, 2019

And as we found in the Gig Economy Index , a joint effort between PYMNTS and Hyperwallet , PayPal remains the most popular payment method for gig workers. PayPal’s use among gig workers has increased from 39.5 PayPal’s use among gig workers has increased from 39.5 Instant Transfer to Bank. The Mechanics of it All.

Debit Card 76

Debit Card PayPal Real Time Payments Economy 76

Payment Savvy

NOVEMBER 8, 2022

EFTs constitute a whole range of digital transfer and payment methods. An EFT, or rather an Electronic Funds Transfer, is a type of digital payment between banks or banking institutions of a very broad description and is used by private individuals and businesses alike. ACH VS EFT Payment Times. What Are Peer-to-Peer Payments?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

The Paypers

MARCH 1, 2018

(The Paypers) PayPal has settled US charges for failing to give critical disclosures to users regarding privacy and the availability of funds transferred into a Venmo account.

Venmo 28

Venmo PayPal Funds Transfer Privacy 28

PYMNTS

NOVEMBER 22, 2017

Two years after being acquired by PayPal , digital money transfer service Xoom has a story that it wants the world to know. It’s one of the things that King told Webster drew the Xoom team to PayPal. The Enhanced Xoom + PayPal Experience. Absent scale, there’s not a lot to do in this business.”.

Cross-Border 46

Cross-Border PayPal Funds Transfer Caps 46

PYMNTS

OCTOBER 24, 2016

Similarly, PayPal made a double-digit percentage leap, up nearly 11 percent on the week, as results also buoyed views on the stock, along, of course, with a boost to the revenue projections moving forward. The company showed some traction with its turnaround efforts in the wake of the loss of its Costco relationship.

Funds Transfer 59

Funds Transfer PayPal Visa Transactions 59

PYMNTS

DECEMBER 11, 2018

.” The prepaid card solution will not include service charges or minimum balance requirements, reports said, and will provide support for integration with mobile wallets, while enabling ATM withdrawals, inter-card fund transfers and split transaction features.

Visa 60

Visa End User Commercial Card Funds Transfer 60

PYMNTS

OCTOBER 5, 2016

“Many of these important protections stem from the Electronic Fund Transfer Act, and they are intended to be similar to those for checking account consumers.” The new rules — despite both Google and PayPal’s objections — cover “digital wallets capable of person-to-person transfers and storing funds.”

CFPB 75

CFPB Rules PayPal Debit Card 75

Stax

SEPTEMBER 17, 2024

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. trillion in 2021 and is expected to grow at a CAGR of 11.08% to hit $15.27

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

DECEMBER 11, 2018

When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization marked the start of a new chapter in the life of the firm.

PayPal 66

PayPal Funds Transfer Caps Security 66

PYMNTS

AUGUST 3, 2016

PayPal and Venmo will leverage the Visa Direct network to enable real time funds transfers, as well – a capability that was first announced on July 21 when details of the Visa/PayPal partnership were disclosed. including payments to non-Visa branded debit cards as well.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

JUNE 8, 2020

The firm’s money transfer service was launched in Europe two years ago to send money to more than 40 nations globally. consumers can pay with their personal bank accounts or their debit or credit cards to fund transfers from their Skrill accounts.

Debit Card 52

Debit Card Funds Transfer Credit Cards PayPal 52

Neopay

NOVEMBER 27, 2023

The likes of Apple Pay and PayPal have gained significant market share as Big Tech blurs the traditional lines that have separated banking and payments from commercial activities. The rule would cover around 17 companies, most notably Google, Apple, PayPal and CashApp operator Block.

CashApp 52

CashApp FinTech Rules Non-Bank 52

Clearly Payments

MARCH 18, 2024

A study by PayPal found that 77% of Gen Z and Millennials use credit cards for budgeting and rewards, but they’re also careful about not accumulating too much debt. In recognizing the significance of FedNow, we attain a comprehensive understanding of the ongoing enhancements in digital cash transfers across the nation.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Stax

JULY 9, 2024

Peer-to-peer digital payments Venmo, PayPal, and even Facebook Messenger are examples of peer-to-peer electronic payment solutions. Peer-to-peer electronic payment methods link to the payer and payee’s bank account to withdraw and deposit funds, providing a way for users to easily perform a funds transfer.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Nanonets

MARCH 27, 2024

Still, they tend to be quick, and some banks even support same-day deposits, though it's rarer for international wire transfers than domestic. ACH transfers use a third-party facilitator to process a range of transactions, including debits, direct deposits, electronic checks, electronic fund transfers , and direct payments.

International Payments 52

International Payments Wire Transfer Cross-Border Wire 52

Stax

APRIL 30, 2024

Quick fund transfers as early as 24 hours. PayPal PayPal is a well-known online payment system that simplifies international money transfers. It’s also simple to integrate PayPal with your existing website. Pricing: PayPal charges 2.99% + fixed fee for all credit and debit card transactions.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Clearly Payments

DECEMBER 3, 2023

Braintree (now PayPal): Enables businesses to accept payments online (International). BlueRush: Personalized customer experience platform with payment options (International). BlueSnap: E-commerce payment services provider (International). Bolt (formerly Checkout.com): Payment platform simplifying online checkout (International).

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

Fintech Finance

MAY 1, 2024

Nium’s advanced payment infrastructure and global network facilitate seamless fund transfers across borders, eliminating intermediaries and significantly reducing transaction times. Venkatesh previously served as Chief Product Officer at Nium and worked as a payments executive for a combined 15 years at PayPal and eBay.

Cross-Border Payments 52

Cross-Border Payments Cross-Border AI Payroll 52

PYMNTS

APRIL 17, 2020

Focusing exclusively on wire transfers will not get companies far, however, because smaller providers may prefer PayPal, check or even cash. That could mean buyers may have to pay a few hundred dollars in hard currency or send small amounts through digital money transfer services in exchange for desirable spices.

Accounts 60

Accounts Security Wire Transfer MFA 60

Clearly Payments

APRIL 3, 2024

The digital age brought online platforms like PayPal, which boasts over 429 million users worldwide, and mobile wallets like Apple Pay and Google Pay, with mobile wallet payments projected to reach $13.9 Today, Visa processes over 131 billion transactions annually. trillion by 2027. This usually occurs within a few days.

Process 59

Process Processors Online and Mobile Banking Payments 59

EBizCharge

APRIL 17, 2024

These links also provide safer and faster fund transfers and work well with various payment service providers. Notable providers like EBizCharge, PayPal, Stripe, and Square provide payment link capabilities, allowing for seamless payments across various industries. With a simple and personalized PayPal.Me

Online and Mobile Banking 59

Online and Mobile Banking Payments Payment Gateways Credit Cards 59

Segpay

MAY 7, 2025

Other e-wallets include PayPal, Afterpay, Amazon Pay, Beem It, WeChat Pay, and ZipPay. According to Worldpays latest 2025 Global Payments Report , 42% of Australians use debit cards to fund their eWallets, while 28% use their credit card and 19% fund their eWallet through their bank account.

Payment Solutions 52

Payment Solutions eWallet Online and Mobile Banking Debit Card 52

EBizCharge

JULY 24, 2024

With its rise in popularity, several payment providers, such as PayPal, Venmo, and Zelle, have established themselves in the P2P payment space. PayPal: A well-known P2P service with a global reach, offering both personal and business transaction capabilities.

P2P 52

P2P PCI DSS Encryption Fraud Prevention 52

Payment Savvy

JULY 12, 2024

Here’s a breakdown of the regulations from major credit card companies: American Express Merchants cannot impose fees that aren’t equally applied to all payment methods except electronic funds transfers. Mobile & Digital Wallets Digital wallets like Apple Pay, Google Pay, and PayPal are becoming increasingly popular.

Card Network Rules 52

Card Network Rules Non-Bank Alternative Payment Methods Credit Cards 52