PYMNTS

NOVEMBER 7, 2018

According to one recent estimate , consumers globally in the third quarter of 2018 downloaded 29 million apps from Apple and Google app stores, up 10 percent year over year. As reported by PYMNTS , in the third quarter of 2018, Apple ’s App Store came out on top in a big way, earning nearly 93 percent more app revenue than Google Play.

Marketing 122

Marketing Google Apple Mobile 122

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

PYMNTS

JUNE 17, 2020

upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange fees (MIF). Different MIFs apply to different transaction types, which can span contactless or card not present payments.

Cards 150

Cards Retail Regional Marketing 150

Gonzobanker

JUNE 11, 2018

But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. If 2016’s conference was the “mobile” conference, 2018 was most definitely the “voice” conference. Ok, enough soapbox.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

PYMNTS

OCTOBER 9, 2019

The company matches freelance writers and translators — he described UReed as a one-stop-shop for linguistic needs — and has a focus on the Middle Eastern and North Africa region (MENA). The reliance on cash in many of the markets served by UReed, Alhassan said. The linguistic market in MENA is extremely fragmented,” he said.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

OCTOBER 8, 2018

For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card hand-off as a vote of confidence in a potential new client, service provider or vendor. “Asian small and medium-sized enterprises [SMEs] are a bit behind their U.S.

Regional 188

Regional Online social media Compliance 188

PYMNTS

AUGUST 29, 2019

Experts estimate that total fraud losses in 2018 totaled $3.9 Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. The network found that Australia’s 2018 card fraud rate was 72.8

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

NOVEMBER 21, 2018

Amazon is preparing to enter the mobile payments market, reportedly working to get retailers to accept Amazon Pay as a payment method. Amazon will be battling a formidable player in the payments market given Apple said Apple Pay was accepted at more than 5 million in-store locations as of May. where competition isn’t as fierce.

Apple 186

Apple Retail Mobile Online 186

PYMNTS

MARCH 12, 2020

Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. . Payment processors expanding their operations into new industries and markets have their work cut out for them, however.

Fraud 130

Fraud Analysis Regional Examples 130

PYMNTS

OCTOBER 13, 2019

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. bringing Revolut’s total global footprint to 56 markets. banking licence. But despite its growth, the company has not turned a profit.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

AUGUST 15, 2019

The deal was given the green light by the country’s central bank in July, and will cover the processing of debit card operations. The national payment gateway system was launched in December of 2017 to ensure that every debit card transaction in the country was handled using Indonesian technology. In 2018, there were 6.4

Company 115

Company Payments Cards System 115

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. 31, 2018, with a year-end goal of 300 million.) P2P Numbers. Zelle Bank Gains.

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

AUGUST 26, 2019

The airline industry, like so many other businesses, is coming to realize that consumers are setting the pace when it comes new and preferred payment methods — methods that go beyond traditional credit cards. And those changes are taking place as the larger travel industry becomes much more mobile-focused.

Regional 138

Regional America Payments Cards 138

PYMNTS

JUNE 27, 2019

The volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018, while 60 percent of U.S. Due to this explosive growth, industry experts have predicted that the mobile order-ahead market will reach $38 billion by next year. consumers currently order delivery or takeout once a week.

Analytics 122

Analytics Data Los Angeles Mobile 122

PYMNTS

JULY 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

MAY 3, 2019

Payments don’t always have to be just about the cards. The airline industry, like so many other businesses, is coming to realize that consumers are setting the pace when it comes new and preferred payment methods — methods that go beyond traditional credit cards. At least that is the message UATP has been sending recently.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

JULY 9, 2019

An Indian neobank called NiYO Solutions has raised $35 million in a funding round to grow the business and expand some products beyond the region, according to a report by TechCrunch. Series A in January of 2018. The travel card will also be brought to more markets, the company said. The company has raised $49.2

Capital 108

Capital Regional Cards Company 108

PYMNTS

JULY 9, 2019

An Indian neobank called NiYO Solutions has raised $35 million in a funding round to grow the business and expand some products beyond the region, according to a report by TechCrunch. Series A in January of 2018. The travel card will also be brought to more markets, the company said. The company has raised $49.2

Capital 108

Capital Regional Cards Company 108

PYMNTS

MAY 21, 2019

retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. At the same time, it was reported that India saw 10 million new credit cards between March of 2018 and March of this year, while 64 million additional debit cards emerged over that timeframe. And in the U.K.,

Apple 108

Apple Retail Mobile National 108

PYMNTS

JUNE 28, 2018

The blockchain is gaining traction in India , where the market for such technology is projected to grow at a compound annual growth rate (CAGR) of 58 percent during 2018 to 2024, according to a report from 6Wresearch. The company noted that there is growth potential in the market: There were 9.2

blockchain 109

blockchain Georgia Fintech Innovation 109

PYMNTS

AUGUST 26, 2019

The company sees the country as its next big growth market, and Vietnam is one of the fastest growing economies in the world. Both Grab and its rival Gojek are moving away from simply being ride-hailing companies into something more, as both startups now provide food delivery, logistics and hotels and payments in the region. .

Regional 108

Regional Marketing Company Groups 108

PYMNTS

JANUARY 29, 2019

As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

FEBRUARY 2, 2018

billion Mastercard and Maestro-branded cards issued globally as of year-end. In Latin America, he continued, “We are cautiously optimistic that economic growth in that region in 2018 will be similar to 2017.”. Issuers have been expanded to 1,200 issuers in 46 markets, up from 21 markets to begin the year.

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

FEBRUARY 4, 2019

Some of the highest activity has been reported in Europe, with a recent report finding that 90 percent of the region’s banks have been sanctioned for money laundering in the past decade. The United Nations Office on Drugs and Crime (UNODC) estimates the market for global money laundering is worth approximately $2 trillion per year.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

OCTOBER 15, 2019

“Excluding the gain on sale in the prior period, revenues increased 3%, primarily driven by an increase in cards revenues and improved deposit spreads,” Citigroup said in a statement. Card average loans for the bank increased by 2 percent year over year, while card purchase sales increased by 5 percent in the third quarter of 2019.

America 109

America Cards Regional Resources 109

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . The fee is cheaper than that of many current card processors, and the app doesn’t require a merchant to buy a card reader. Founded in 2013, Nubank currently claims 8.5

blockchain 147

blockchain Payments Regional America 147

PYMNTS

OCTOBER 30, 2020

The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. I think in terms of market recognition, 2020 was the breakout year — [and] in terms of commercial adoption, 2021 will be more like it,” Harris said. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year.

Technology 161

Technology Apple Payments Capital 161

PYMNTS

MAY 11, 2017

As per the terms of the partnership, Capital One customers will get 50 percent back on the cost of their Spotify Premium account through April 30, 2018, when using their Quicksilver or Quicksilver One card to cover the monthly subscription fee. Card at Capital One. the chance to curate the soundtrack to their lives.”. “We

Capital 100

Capital Regional Cards Meeting 100

PYMNTS

FEBRUARY 7, 2019

That — according to CEO Kristian Gjerding of CellPoint Mobile and CEO Ralph Kaiser of Universal Air Travel Plan (UATP) — is the reality that airlines and other travel vertical players must wrap their minds around when it comes to thinking beyond card payments from leisure customers. “They are far from ahead of the game.

Payments 192

Payments Mobile Industry Marketing 192

NCR

MARCH 4, 2016

EMV cards are spreading and now account for one in three card-present transactions globally, according to latest data from EMVCo. Leading the way is Western Europe, where there is close to full market EMV chip deployment. Between July 2014 and June 2015, 97 percent of all card-present payments used EMV technology.

Cards 40

Cards Technology Payments US 40

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. Market opportunity. Virtual card issuance. Business lending and corporate cards. Stripe is ramping up its private market investments.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 22, 2019

Small community banks often face even tougher prospects in this new and emerging world of payments, given their relatively limited resources, marketing and technological capabilities. Between June 2017 and June 2018, for instance, consumers withdrew more than $30 billion from non-interest earning accounts at U.S. Deposit Trends.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

MAY 30, 2018

Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. PagSeguro, which provides services and devices that enable “micro” merchants to accept debit and credit cards, launched its initial public offering (IPO) in January, raising approximately $2.3

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

MAY 3, 2019

In other news, the New York Police Department (NYPD) has issued a warning about phone scammers pretending to be Social Security Administration officials and requesting payment in bitcoin, prepaid gift cards, and bank wire transfers.

Bitcoin 129

Bitcoin blockchain Texas New York 129

FICO

FEBRUARY 18, 2020

TNCs have gradually changed transportation preferences within the card-not-present (CNP) Taxicab and Limo service category. Since 2013, there has been a significant rise in TNCs’ market share in the US within this merchant category. Fighting Back Against TNC and CNP Fraud.

Fraud 52

Fraud Cards US Regional 52

PYMNTS

SEPTEMBER 18, 2019

Despite the popularity of subscription commerce, it can be a volatile market. The latest Global Recurring Payments Tracker examines emerging trends in subscription commerce and focuses on why and how companies are increasingly turning their attention to international markets for growth. Why Businesses Embrace Subscription Commerce.

Software 116

Software Study Survey Retail 116

PYMNTS

JULY 26, 2017

And while that is a big goal, Taneja said that it’s all in a day’s work for the global card network that has operations in 200 countries, billions of cards issued across more than 16,000 banks, trillions of dollars in payments processed annually and a processing network — VisaNet — capable of securely processing 65,000 messages per second.

Data 102

Data Security Cards Regional 102