NACHA

JULY 17, 2024

HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023.

Same Day ACH 83

Same Day ACH ACH Network ACH Volume 83

Bank Automation

AUGUST 8, 2024

Payments fintech Marqeta saw growth in its total processing volume during the second quarter as consumer demand for non-traditional banking and digital banking channels increased.

Volume 75

Volume Process Non-Bank Consumer 75

Fintech News

JULY 9, 2024

DBS Digital Exchange (DDEx) has experienced significant growth in the first five months of 2024, with the trading volume of digital payment tokens nearly tripling compared to the same period in 2023. The number of active trading clients increased by 36%, and digital assets held by DBS surged by over 80%.

Stablecoins 106

Stablecoins Volume Accreditation Cash Management 106

Fintech Finance

AUGUST 2, 2024

Trust Payments , a global leader in customer commerce solutions, has surpassed the £1bn+ milestone in monthly processing volumes for the first time in its five-year history. The company reached over £1bn+ volume in July 2024 driven by the company’s diversified technology portfolio spanning payments, commerce and data.

Volume 102

Volume Process Payments Facilitators 102

Finextra

AUGUST 15, 2024

Airwallex, a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year.

Volume 52

Volume Process Global Payments Payments 52

Fintech News

AUGUST 15, 2024

Airwallex, a global payments and financial platform, has surpassed US$100 billion in annual processing volume, marking a 73% year-on-year increase. The post Airwallex Surpasses US$100 Billion in Processing Volume Amid Global Expansion appeared first on Fintech Singapore.

Volume 98

Volume Process On-Demand Agreements 98

Payments Dive

JANUARY 17, 2023

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

Volume 97

Volume Bank Card Visa 97

The Nilson Report

AUGUST 15, 2024

The post Airwallex Processing Volume Surpasses $100 Billion appeared first on Nilson Report.

Volume 52

Volume Process Posting 52

Bank Automation

MARCH 12, 2024

Fintel Connect helps Live Oak Bank increase its deposit volume. The digital, FDIC-insured bank looked to affiliate marketing platform Fintel Connect nearly two years ago to expand its reach, Fintel Connect Chief Executive Nicky Senyard tells Bank Automation News on this episode of “The Buzz” podcast.

Volume 72

Volume FDIC Accounts Automation 72

Fintech News

JANUARY 17, 2024

Indonesia’s cryptocurrency market, previously known for its rapid adoption rates, experienced a significant downturn last year, as trading volumes on local crypto exchanges plummeted by 60% compared to the previous year. Industry experts suggest that stringent tax policies are partly to blame for this decline.

Volume 115

Volume Cryptocurrency Transactions Authorization 115

Payments Source

AUGUST 5, 2020

Square's gross payment volume tumbled by 15% year-over-year due to COVID-19’s impact, but revenue jumped as online selling rose, Cash App doubled in users and Square enabled almost $900 million in PPP loans.

Volume 152

Volume Payments Acquirers Digital Payments 152

Fintech Finance

MAY 16, 2024

The new robust desktop experience caters to Atlantic Money’s over 10,000 customers who transfer significantly higher volumes than typical fintech users, many of whom prefer managing those transactions from a laptop or computer. In fact, Atlantic Money’s annual transfer volume of £31,700 per customer far exceeds fintech averages.

Volume 52

Volume On-Demand Verification International Payments 52

Fintech News

DECEMBER 13, 2023

Cumulative Hack Volumes, 2023 vs. 2022 Source: TRM Labs However, a few large-scale crypto hacks in December 2023 could potentially impact these figures, but the overall trend for the year is pointing towards a substantial reduction in hack-related losses. billion, less than half of the nearly US$ 4 billion lost to crypto hacks in 2022.

Volume 101

Volume Law Enforcement Breach Cryptocurrency 101

The Fintech Times

MARCH 2, 2024

The news comes just days after Bybit hit $71.5billion in trading volume, just seven per cent under the exchange’s record $77billion daily trading volume, set during the 2021 crypto bull run. ” The post Bybit Card Integrates Google Pay and Celebrates Record Spot Trading Volume appeared first on The Fintech Times.

Volume 64

Volume Bitcoin Cryptocurrency Card Services 64

Tearsheet

MARCH 21, 2024

Recently Zelle said that it is on track to reach the $1 trillion payment volume mark this year, and now Stripe is stating that it too has crossed the $1 trillion in payment volume benchmark. Stripe’s annual letter also states that its payment volume rose by 25% in 2023. It seems like $1 trillion is the new hot number.

Volume 59

Volume Cross-Border Payments Cross-Border Payments 59

Bank Automation

JULY 10, 2024

Demand for real-time payments continues to grow globally, and the launch of the Federal Reserve’s real-time payments rail, FedNow, one year ago offers another avenue to send and receive funds instantly. Real-time transactions are predicted to reach 575.1

FedNow 83

FedNow Volume Real Time Payments Payments 83

The Fintech Times

FEBRUARY 27, 2024

The cryptocurrency exchange and web3 company has shared that its spot trading volume surged to $81.6billion, marking a 94 per cent increase despite market turbulence. In South Asia, the firm witnessed a 540 per cent increase in spot trading volume in Q4 2023, marking a significant rise from previous figures.

Volume 64

Volume Blockchain Compliance Cryptocurrency 64

The Fintech Times

MAY 8, 2024

Following a recent surge in transaction volumes, AYA Bank explained that it recognised the need for a new solution that could efficiently process an increased number of payment transactions. The post SmartStream Implements SaaS Solution at AYA Bank, to Tackle Transaction Volume Surge appeared first on The Fintech Times.

Volume 72

Volume Transactions Reconciliation APACS 72

Payments Dive

JUNE 24, 2024

The partnership is estimated to represent a $12 billion opportunity for buy now, pay later provider Affirm, according to an analyst note last week.

Volume 148

Volume Payments 148

Tearsheet

MARCH 21, 2024

Recently Zelle said that it is on track to reach the $1 trillion payment volume mark this year, and now Stripe is stating that it too has crossed the $1 trillion in payment volume benchmark. Stripe’s annual letter also states that its payment volume rose by 25% in 2023. It seems like $1 trillion is the new hot number.

Volume 52

Volume Cross-Border Payments Cross-Border Payments 52

Payments Source

NOVEMBER 2, 2020

Reflecting the rapid transition to digital payments, PayPal has reported its strongest growth in total payment volume and revenue in its history, coupled with strong growth for Venmo, its P2P app.

Venmo 136

Venmo Volume PayPal Continuity 136

PYMNTS

JANUARY 5, 2021

Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported. The surge shows how strong trading has been lately, according to Reuters. Bitcoin reached $34,800 on Sunday (Jan. investors got into the mix, Reuters reported.

Volume 131

Volume Bitcoin Cryptocurrency Digital Currency 131

Finextra

MARCH 13, 2024

Stripe says that businesses running on its platform processed more than $1 trillion in 2023, up 25% on the previous year.

Volume 130

Volume Payments Process 130

Fintech News

MARCH 13, 2024

Ajaib Kripto, the crypto trading application developed by Indonesian investment technology unicorn Ajaib, has announced a significant surge in its Bitcoin trading volume, marking a tenfold increase since the beginning of Q4 2023.

Volume 52

Volume Bitcoin Cryptocurrency On-Demand 52

The Nilson Report

MARCH 12, 2024

The post Growing Volumes on The Clearing House’s ACH Network appeared first on Nilson Report.

ACH Network 52

ACH Network ACH Volume Posting 52

The Nilson Report

MARCH 5, 2024

The post Zelle Transaction Volume Up 28% to $806 billion appeared first on Nilson Report.

Zelle 52

Zelle Volume Transactions Posting 52

Fintech Finance

DECEMBER 13, 2023

Specifically, Trustly’s RTP® volume grew 29% in transaction volume and 31% in payment value from Q2 2023 to Q3 2023. The rapid adoption of its RTP® service has led Trustly to now be approaching 10% of the RTP® network’s total transaction volume.

RTP 52

RTP Volume Real Time Payments Origination 52

Agile Payments

FEBRUARY 4, 2022

2021 ACH Transaction Volume.

ACH 88

ACH Volume Transactions API 88

Payments Source

JULY 26, 2019

Early Warning's Zelle P2P network processed $44 billion in payment volume over 171 million transactions during the second quarter of 2019, a growth of 56% in volume and 71% in transactions year-over-year.

Zelle 98

Zelle Volume Transactions P2P 98

Finextra

FEBRUARY 27, 2024

Revolutionising the landscape for merchants, Volume has announced their latest innovation: One-Click Verification.

Volume 40

Volume Verification Innovation 40

Payments Source

MAY 6, 2020

Contactless payment volume surged during the first four months of 2020 in Denmark, Norway, Sweden and Finland, accounting for about 70% of all transactions, according to new data from Copenhagen-based payments technology firm Nets.

Contactless Payments 75

Contactless Payments Volume Payments Transactions 75

The Nilson Report

DECEMBER 13, 2023

The post Trustly and Cross River RTP Adoption Approaches 10% of Total Network Volume appeared first on Nilson Report.

RTP 52

RTP Volume Posting Real Time Payments 52

TechCrunch Fintech

MARCH 13, 2024

The company says it was cash flow positive in 2023, and plans to be again in 2024. billion in venture capital it likely means it has little to no need to raise more before it goes public. © 2024 TechCrunch. All rights reserved. For personal use only.

Volume 111

Volume Continuity Payments FinTech 111

PYMNTS

MARCH 6, 2019

Global payments and receivables company Flywire enjoyed strong growth in 2018 that it plans to carry into this coming year and over $10 billion in total payments volume. To date, the company has processed over $10 billion in total payments volume for over 1,700 clients in education, business, and healthcare.

Volume 80

Volume Payments International Payments Acquirers 80

Payments Source

JANUARY 24, 2019

The bank-led P2P network Zelle saw its strongest quarterly growth during the fourth quarter of 2018, as payment volume rose nearly 60 percent to $119 billion for the year. But a significant amount of this volume comes from just one bank.

Zelle 68

Zelle Volume P2P Payments 68

PYMNTS

JULY 26, 2020

Transaction volume of the platform soared to a record 1.34 Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported.

Volume 123

Volume Transactions Digital Payments Online and Mobile Banking 123

PYMNTS

DECEMBER 18, 2020

18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. FedEx reported on Friday (Dec. domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results.

Volume 105

Volume Adjustments On-Demand Returns 105