PYMNTS

JANUARY 29, 2020

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. Worldpay and Liberis partnered in 2016 to launch Worldpay Business Finance in the U.K. Liberis Group.

Lending 131

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PYMNTS

APRIL 25, 2016

Plus, the latest analysis on alternative lending demand, expense management fraud and the gap between what CFOs have for their companies and what they need. Of course, we have the quarterly numbers, too, including insight into how American Express’ commercial card business is holding up. companies, reports said.

Fraud 100

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NCR

AUGUST 29, 2016

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 per cent of cards issued.

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Cards Regional National America 75

PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 Digitizing government services .

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PYMNTS

JANUARY 8, 2020

The continuing push by the country’s government may find friction, with debit cards as the epicenter — making the cards, essentially, free for merchants to accept may have repercussions elsewhere in the payments ecosystem, as others shoulder the cost. Of that tally, as many as 500 million of the cards are RuPay cards.

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PYMNTS

OCTOBER 10, 2019

percent from 2016 to 2022, and uptake is rising even faster in the Asia-Pacific, which is expected to see a CAGR of 27.2 percent from 2016 to 2022. Cloud storage subscription providers are required to offer payment experiences that would-be consumers in both developed and underdeveloped nations find convenient and compelling.

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Marketing Payments Cards cryptocurrency 116

CFPB Monitor

JULY 6, 2015

In its new report containing its findings from a survey of prepaid card users, The Pew Charitable Trusts urges the CFPB’s “speedy adoption” of its proposed prepaid card rule. In its Spring 2015 agenda , the CFPB indicated that it expects to issue a final rule in January 2016.

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PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. as part of a visa waiver program. billion USD.

Security 110

Security Report National Millennials 110

FICO

APRIL 25, 2018

Using a nationally representative sample, we identified 10 million scorable consumers age 18 to 30 who had a student loan actively in repayment as of October 2016. Among those within this profile, we found 22% had a significant increase in their FICO® Score 9 between October 2016 and October 2017.

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PYMNTS

AUGUST 8, 2019

We achieved over 600 million transactions in July, which includes payments through Paytm Wallet, Paytm UPI, cards and net banking. UPI launched in India in 2016 and is fast becoming a payments game-changer as usage continues to soar.

Google 141

Google Apple Payments National 141

PYMNTS

MARCH 1, 2018

With all of the nations that sent tourists to L.A., In 2017, the China National Tourism Administration reported that Chinese tourists made 131 million trips overseas that year, an increase of 7 percent from 2016. In 2016, they spent $261.1 China didn’t even make the top 10 a little over a decade ago. And the L.A.

Los Angeles 105

Los Angeles Payments Mobile National 105

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending.

Lending 83

Lending Report Regulation Policies 83

Abrigo

JANUARY 3, 2024

As explained further below, financial institutions should comply with the 2016 regulatory definition of beneficial owners. The final access rule does not dictate how to receive consent and allows for flexibility based on differences in FIs across the nation. Be ready for AMLA-related changes. This checklist can help.

Fraud 222

Fraud Regulation Report Compliance 222

NCR

MAY 2, 2018

Steady growth in card payments has been one of the strongest trends in the global financial services industry in recent decades. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9 It’s something we have seen in many markets around the world.

Cards 73

Cards ATM Payments Trends 73

PYMNTS

NOVEMBER 6, 2019

Also, Fidelity National Information Services (FIS) reported Q3 results that beat expectations for adjusted earnings. And Visa called Tencent’s announcement that it will support international card schemes in its mobile wallet “a great step forward” for the payments industry. In today’s top payments news, Japan’s SoftBank reported a $6.5

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PYMNTS

OCTOBER 21, 2019

The bank is planning to roll out a “national deposit gathering platform” in 2020 to reel in more attractive rates for its consumer business, Scott Powell, chief executive officer (CEO) of Santander in the U.S., financial statement spans credit cards, car loans and banking, and is considered an important asset among European players.

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PYMNTS

APRIL 24, 2017

And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. And hackers have managed to hit about 1,200 InterContinental Hotel locations in the U.S. — and yes, this looks like card data breach. Can we say we told you so? Ready to jump in?

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PYMNTS

FEBRUARY 11, 2019

You can pay bills, transfer money, set a budget, do saving goals, manage your card, etc. Lunar Way is also a national Danish account, which is a bank account that all citizens are required to have. At the end of 2016, the firm raised €4.2 The report noted that Lunar Way is aiming to raise more funding in the summer.

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Capital Fintech National Report 108

BankBazaar

NOVEMBER 18, 2021

Here’s a piece on how it has managed to do so. The 25th of August in 2016 was a significant day. In 2011, just a small percentage of the approximately 10 million retailers expected card payments, according to the same paper and around 145 million households were not connected to the banking system. How it works?

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PYMNTS

NOVEMBER 11, 2019

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. The Apple Card’s Big Launch. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card.

Apple 101

Apple Massachusetts Data Cards 101

Independent Banker

NOVEMBER 30, 2021

It’s our job as management to put a team together so that the strengths are complemented. It’s our job as management to put a team together so that the strengths are complemented by people who may have different strengths. Our employees are trusted to know their responsibilities and are allowed to work with the support of management.”.

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PYMNTS

APRIL 30, 2020

This means it is critical that online merchants quickly learn which payment methods are most wanted in each country and identify the markets most receptive to more international purchasing tools like global credit cards. Cards can be critical to serving the U.K. and Scandinavia. Such payments are not as popular elsewhere, however.

Payments 131

Payments Cards Online Resources 131

PYMNTS

JANUARY 10, 2017

According to research from Visa , cash withdrawals and card spending in the last months of 2016 grew by an average of 2.8 and Ireland managing director at Visa, said in a statement. Jenkins noted that the overall growth was boosted by Christmas-related activities and a national sales drive. percent,” Kevin Jenkins, U.K.

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Online Retail US National 100

PYMNTS

MAY 8, 2018

Small businesses (SMBs) prefer not to seek funding to finance their innovative endeavors, according to new research from BMO Wealth Management , which suggests SMBs are missing out on opportunities to drive growth. National Head of Wealth Planning Tania Slade in a statement. A survey of more than 1,021 small businesses in the U.S.

Innovation 119

Innovation Survey Tools Management 119

PYMNTS

AUGUST 3, 2018

Cory Booker has proposed legislation that would prohibit financial institutions from charging overdraft fees on debit card transactions and ATM withdrawals. People who are living paycheck to paycheck, it makes it harder for them to manage their money, more expensive for them to be in the banking system.”. In 2016, U.S.

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PYMNTS

JANUARY 29, 2019

Aetna said the launch of Attain builds on a partnership Apple and Aetna inked in 2016 in which 90 percent of participants reported receiving a health boost from their Apple Watch. The accumulated points can go to defray the cost of the Apple Watch or can be used for gift cards from participating national retailers.

Apple 134

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PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scams netted an alleged $25 million from 2014 to 2016. “In He and an accomplice operated from Nigeria, targeting the U.S.,

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

MAY 30, 2016

With the 2016 Olympics quickly approaching, Airbnb is looking to change its payment acceptance game within its fourth-largest market. Brazil may be facing an economic crisis, but Leo Tristao, country manager for Airbnb, told Fast Company that business is still booming. They are joining Airbnb, and that is becoming a source of income.”.

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System Payments Cards National 100

PYMNTS

NOVEMBER 20, 2017

According to WePay, this boost in year-end revenue is a “double-edged sword,” leading smaller businesses to struggle managing cash flow – especially when it comes to accounts receivable and delayed B2B payments, researchers said. “Small businesses are a big boost to the U.S.

Fraud 100

Fraud Survey Payments America 100

PYMNTS

APRIL 3, 2019

Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Bill.com noted it has three million customers in place and manages $60 billion annually in payments volume. The transfers will be done across the Everex smartphone wallet platform, according to the report. A Larger Stage.

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blockchain Payments United States Innovation 231

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 Alternative Lending.

Lending 100

Lending Regulation Big Data Risk Management 100

CFPB Monitor

MARCH 18, 2019

The plaintiffs’ class action complaint in Madden alleged that a debt buyer, which had purchased the plaintiffs’ charged-off credit card debt from a national bank, violated the Fair Debt Collection Practices Act (FDCPA) by falsely representing the amount of interest it was entitled to collect. In June 2016, the U.S.

New York 68

New York National Maine Policies 68

Jeff For Banks

JUNE 11, 2020

Typical conversation at my house: Me: How much was on the credit card?!?! We pay the amount on the credit card, and it comes out of the checking account. The cascade of falling dominoes leads to societal dependencies such as 30 million children relying on the National School Lunch Program for food. Simple math.

Community 78

Community Video Management Mobile 78

PYMNTS

FEBRUARY 4, 2019

Banks, credit unions and other financial institutions have a significant responsibility, one that goes far beyond managing customers’ financial assets: They’re tasked with safeguarding the financial services ecosystem against bad actors, money launderers and other criminals. Following a joint investigation with U.S.

How To 161

How To Regulation Compliance Meeting 161

FICO

MAY 10, 2018

Alliant Credit Union , one of the largest credit unions in the United States, has transformed its consumer lending business and is exceeding its lending goals since implementing FICO technology solutions in 2016. Credit card applications can now close in less than half an hour, and auto loans can be funded the same day. “As

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Lending United States System Cards 61

PYMNTS

NOVEMBER 6, 2019

The firm went public in 2014 and had just managed its first quarter of profitability in early 2016 when scandal rocked the business and it found itself without its found CEO, facing a lot of investor doubt and being investigated by the DoJ. We are very, very clear that we are planning a national bank charter.

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FICO

JUNE 14, 2018

Following a slide that lasted four and a half years, the FICO® Credit Health Index for Russia began climbing in April 2016 and climbed another 2 points last quarter, from 92 to 94. Then came the long fall, which was arrested in early 2016. Risk management is still very much a priority for Russian credit grantors. What happened?

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