Clearly Payments

OCTOBER 3, 2024

Total Credit Card Payments Amount in the USA by Year Year Credit Card Purchase Volume in USA (USD Trillions) 2013 $2.5 trillion The adoption of payment terminals in the USA has seen significant growth over the past decade. Overview : Verifone is a global leader known for its reliable and secure payment solutions.

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

PYMNTS

MARCH 21, 2019

SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation or gpi. SWIFT gpi enables banks to conduct end-to-end tracking of the cross-border payment.

Cross-Border Payments 66

Cross-Border Payments Cross-Border SWIFT Payments 66

PYMNTS

MARCH 12, 2020

The phrase evokes capitalism with dynamic velocity, which is probably why it was the UPS ad tagline for years, and why Cisco later used another variation, “Innovate at the Speed of Business,” to articulate itself. If we’re talking about business-to-business (B2B) payments, the speed of business is nothing to brag about.

B2B 63

B2B B2C Payments Retail Payments 63

PYMNTS

FEBRUARY 1, 2021

Another, continued tailwind should come from the fact that the maximum payment amounts, as allowed under the scheme, have been increased as of last year, and now stand at 100,000 euros, up from 15,000 euros previously, as banks fine-tuned their AML and anti-fraud systems.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

SEPTEMBER 24, 2019

With every payment made, Splitit lowers the amount of the hold on their business credit card by the installment payment amount. The $120 trillion B2B payments market has suffered from a lack of innovation for decades,” said Splitit CEO and Co-Founder Gil Don in a statement.

B2B 58

B2B Credit Cards Cross-Border Commercial Card 58

The Fintech Times

MAY 9, 2024

Pay by Bank enables merchants to send PayTo Agreements to their customers and initiate payments and refunds according to their PayTo agreements. This addresses a range of scenarios for merchants such as online payments, scheduled recurring payments with fixed or variable amounts, and split payment amounts.

Payment Solutions 59

Payment Solutions Real Time Payments Non-Bank Payments 59

PYMNTS

SEPTEMBER 24, 2018

After the five-month minimum lease term, customers can continue to lease at the same payment amount and schedule, buy out their lease or return the item. To ease the approval process, a credit check is not required, and the program offers weekly, bi-weekly or monthly payments based on the customer’s pay cycle.

Credit Cards 70

Credit Cards Digital Currency Product Process 70

PYMNTS

SEPTEMBER 17, 2019

The timeliness of B2B payments raises the stakes for all parties involved, as a missed or delayed payment can ripple across the network. A series of payment innovations are promising to put an end to some common B2B payment frictions, including online portals, same-day ACH and automated accounts receivables (AR).

Same Day ACH 52

Same Day ACH B2B Payments ACH 52

Fintech Finance

MAY 8, 2024

Pay by Bank capability will enable merchants to send PayTo Agreements to their customers and initiate payments and refunds according to their PayTo agreements, addressing a range of scenarios for merchants such as online payments, scheduled recurring payments with fixed or variable amounts, and split payment amounts.

Real Time Payments 52

Real Time Payments Non-Bank Agreements Payment Solutions 52

Finovate

MAY 10, 2024

Pay by Bank enables merchants to send PayTo Agreements to customers, and then initiate payments and refunds based on those agreements – which cover a variety of transaction experiences including online payments, and recurring payments with fixed, variable, or split payment amounts. million.

Non-Bank 59

Non-Bank Payments Agreements Payment Solutions 59

Stax

FEBRUARY 28, 2024

Verifone: Verifone is a leading provider of payment terminals and solutions worldwide, offering a wide range of products tailored to different business needs. Ingenico: Ingenico is another prominent brand known for its innovative payment solutions, including terminals that support various payment methods and offer advanced security features.

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

MAY 4, 2018

After the five-month minimum lease term, customers can continue to lease at the same payment amount and schedule, buy out their lease or return the item. A credit check is not required, and the program offers weekly, bi-weekly or monthly payments based on the customer’s pay cycle.

Finance 40

Finance Payment Amount Credit Cards Origination 40

Evolve Payment

OCTOBER 27, 2023

These fees are one barrier to entry that merchants look at when deciding on how to accept payments. Enter the innovative solution by Biller Genie: Compliant Surcharging. A “New Invoice” email is dispatched to the customer, with the total reflecting the accounting software’s stated amount.

Credit Cards 52

Credit Cards ACH Alternative Payment Methods Caps 52

PYMNTS

NOVEMBER 4, 2016

Drivers are free to accept any kind of payment amount they wish for each ride. Over the past few years, taxis and rideshare companies, such as Uber and Lyft, have transformed the on-demand transportation market by allowing customers to find and pay for a ride in new, innovative ways. Technology, however, is changing that.

Credit Cards 72

Credit Cards Payments Mobile Payments Debit Card 72

FICO

NOVEMBER 30, 2022

Available out-of-the-box, the AI-powered scam detection score leverages behavioral profiles to identify "out-of-pattern" behavior like a new recipient or larger-than-usual payment amount to identify on average 24x the number of scams, even on a favorite device (phone, table, computer, etc.), compared to a traditional fraud score.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

PYMNTS

APRIL 15, 2019

But the Bay Area, given its status as of one of the main global centers of digital commerce and payments innovation, stands out. The 20 percent down payment comes to $160,000. You’ll hear the same, of course, about other U.S. cities, including Chicago, San Diego and Denver. Say a teacher wants to buy a home for $800,000.

Returns 44

Returns Participant Payment Amount Security 44

PYMNTS

JULY 24, 2019

When it comes to cash flow management in the form of mobile account access, bill payment tools, budgeting and income smoothing, FinTech has had a lot to offer – particularly when it comes to consolidating functions into centralized access points.

API 46

API Online and Mobile Banking Consumer Payment Amount 46

Stax

MARCH 6, 2024

As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. They should include detailed explanations of billing cycles, payment amounts, renewal policies, and cancellation procedures.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

Nanonets

JULY 25, 2023

Fear of Failure: A culture that fears failure can inhibit innovation and experimentation in financial analytics. This leaves limited time and resources for implementing advanced analytics projects and exploring innovative solutions.

Financial Analysis 52

Financial Analysis Payment APIs and Integration Assessments Automation 52

PYMNTS

NOVEMBER 28, 2017

Some of the most notable recent changes to the automotive market include the rise of electric-only vehicles , advancements in autonomous vehicle technology , the growth of rideshare companies and built-in vehicle payment tools that enable motorists to use their wheels to pay for parking or gas.

Payment APIs and Integration 41

Payment APIs and Integration Consumer Non-Bank Agreements 41

Stax

MARCH 14, 2024

B2B businesses tend to have longer payment terms with their clients and relationships usually focus on long-term, recurring business. The amount per transaction is often quite significant and as a result, there’s typically quite a bit of negotiation that goes into determining payment amounts, terms, and cycles.

B2B 88

B2B Process B2C Credit Cards 88

FICO

JANUARY 10, 2019

Debt purchasers and debt collection agencies are consolidating, innovating and in some places become the preferred location for financially vulnerable customers. Recent bounced/late payments. This is driven to a large degree by regulatory pressures on banks to reduce their NPL, and also by a new force: IFRS 9. Recent limit decrease.

Posting 40

Posting Issuers AI Non-Bank 40

Nanonets

APRIL 12, 2023

In addition, engaging with small and innovative suppliers can lead to game-changing ideas that could give a business a competitive edge, such as environmentally friendly solutions or diversifying the supply chain. What is tail spend? Once this information has been extracted, Nanonets uses its AI algorithms to keep it ready for review.

Assessments 52

Assessments Compliance Process Automation 52

PYMNTS

DECEMBER 28, 2018

High interest-rate arresting activity, as it turned out, was a theme throughout the year’s stories as well — e ven in segments where activity was, overall, quite innovative. CMG — HomeFundIt’s parent firm — also offers users some access to match funds with grants to further boost their down payment amount.

Non-Bank 58

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

FICO

JUNE 8, 2023

There is still quite a bit of work to be done to address the complexity of the car deal, which will require a lot of innovation. Beyond personal choices around new cars (color, options), with a used car it’s more about payment amount for subprime consumers.

Finance 52

Finance Consumer Risk Assessment Risk 52

Nanonets

SEPTEMBER 22, 2023

The software automatically matches invoices with purchase orders, verifies payment amounts, and reconciles discrepancies, preventing payment errors and disputes with vendors. With this innovative solution, businesses can simplify and streamline their accounts payable operations, leading to improved efficiency and cost savings.

Small Business 52

Small Business Accounts Online and Mobile Banking Automation 52

Fintech Labs Insights

MARCH 24, 2016

Harris: Valuto is an innovative solution that bypasses expensive intermediaries such as banks or FX brokers. A typical cross-border transfer passes through several correspondent banks, each taking a percentage off the initial payment amount. This is why Valuto transfers are transparent, predictable and inexpensive.

Multi-Currency 17

Multi-Currency API Payment APIs and Integration Accounts 17