Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

CFPB Monitor

JANUARY 24, 2024

The Board of Governors of the Federal Reserve (the “Board”) has announced that it is extending the comment period for its proposed changes to its debit card interchange fee rule until May 12, 2024. Comments were originally due on February 12, 2024. Continue Reading

Cards 78

Cards Regulation 78

CFPB Monitor

JANUARY 29, 2024

In October 2023, the Federal Reserve Board issued a proposal to lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction. The due date for comments on this proposal, originally February 12, 2024, has been extended to May 12, 2024.

Cards 78

Cards Regulation 78

CFPB Monitor

SEPTEMBER 18, 2023

The CFPB recently posted on its website a final rule regarding various annual adjustments it is required to make under provisions of Regulation Z (TILA) that implement the CARD Act, HOEPA, and the ability to repay/qualified mortgage provisions of Dodd-Frank. Continue Reading

Cards 78

Cards Regulation 78

Gonzobanker

FEBRUARY 1, 2024

many we talked with in the halls acknowledged that credit quality remains a wild card to start the year. M&A Dynamics Last year, we left AOBA noting that most bankers were optimistic about deals picking up later in 2023 and that the chances of a raging 2024 were strong.

Conference 88

Conference FDIC Arizona Industry 88

Jeff For Banks

MARCH 21, 2024

2024 could exceed -$2.0 Credit card and auto delinquencies have risen above pre-pandemic levels. High debt levels continue to harm GDP as the US Treasury issues new debt with abandon and the politicians hand out money like candy. It is mismanagement of the worst kind as budget deficits explode; the fiscal year 2023 deficit was -$1.7

Marketing 148

Marketing Policies Report Atlanta 148

Abrigo

JANUARY 3, 2024

1, 2024, many companies must begin reporting information about who ultimately owns or controls them to a federal beneficial ownership registry. 1, 2024, many companies are required to begin reporting to the U.S. 1, 2024, have one year (i.e., 1, 2024) of the BOI Reporting Rule. Effective Jan. Department of Treasury 2.

Fraud 221

Fraud Regulation Report Compliance 221

Gonzobanker

AUGUST 3, 2023

The time has come for some truth on the world of payment card flips. disrupted banks’ income on debit cards. had in 2011, they’re likely to see an 18% to 25% volume shift from signature to PIN card transactions by the end of 2025. And the threat of disruption on credit cards looms large.

Cards 147

Cards Payments Branding ATM 147

CFPB Monitor

FEBRUARY 14, 2024

On April 9, 2024, the Senate Judiciary Committee will hold a hearing on credit card competition.

Cards 78

Cards 78

PYMNTS

OCTOBER 7, 2020

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. through March 2024. Digital Payment Firm SafetyPay Teams With LATAM's Rappi.

Puerto Rico 141

Puerto Rico Cards Fintech Payments 141

ATM Marketplace

AUGUST 22, 2023

New ATM standards for Payment Card Industry (PCI) compliance will also take effect beginning Dec. Here's how to ensure you're prepared.

ATM 107

ATM Compliance Cards Industry 107

American Banker

FEBRUARY 7, 2024

Virgin Money has cut about 150 jobs and 39 branches thus far in 2024, the Central Bank of Nepal has hired ACI Worldwide to build a payment switch to enable interoperable card payments for merchants, and more.

Payments 83

Payments Cards 83

The Financial Brand

JANUARY 7, 2024

This article Why Headwinds from Deteriorating Auto Loans Will Whip Credit Unions in 2024 appeared first on The Financial Brand. This article Why Headwinds from Deteriorating Auto Loans Will Whip Credit Unions in 2024 appeared first on The Financial Brand.

Branding 32

Branding Banking Trends Trends Strategy 32

Fintech Labs Insights

FEBRUARY 9, 2024

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. We’ll also link to important demos, podcasts and YouTube videos.

Trends 15

Trends Fintech Apple Cards 15

CFPB Monitor

DECEMBER 7, 2023

The agenda’s preamble indicates that “[t]he Bureau reasonably anticipates having the regulatory matters identified [in the agenda] under consideration during the period from November 2023 to October 2024.”. Continue Reading

Cards 78

Cards 78

The Financial Brand

SEPTEMBER 19, 2023

This article Paze Digital Wallet Launch Bumped to Early 2024: Here’s the New Plan appeared first on The Financial Brand. This article Paze Digital Wallet Launch Bumped to Early 2024: Here’s the New Plan appeared first on The Financial Brand.

Branding 37

Branding America Trends Cards 37

Celent Banking

OCTOBER 21, 2015

For example, payments will hit 44 billion transactions a year by 2024. The table provided (and replicated below – the link above has a better quality version) shows that, for consumers at least, cards continue to drive the growth. Celent’s forecasts typically count prepaid and store cards into our debit forecasts.

Payments 100

Payments Examples Mobile Cards 100

The Financial Brand

JANUARY 16, 2024

This article Analysts Weigh Plans of Big 4 Banks as Leaders Sketch Their 2024 Outlook appeared first on The Financial Brand. This article Analysts Weigh Plans of Big 4 Banks as Leaders Sketch Their 2024 Outlook appeared first on The Financial Brand. The state of the U.S.

Branding 29

Branding Banking Trends America Trends 29

CFPB Monitor

MARCH 5, 2024

On February 29, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued Consumer Financial Protection Circular 2024-01, Preferencing and steering practices by digital intermediaries for consumer financial products or services.

Comparison 78

Comparison Tools Operations Cards 78

The Paypers

MARCH 29, 2024

Samsung Pay , a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.

Samsung 45

Samsung National Cards Payments 45

Fintech Labs Insights

MARCH 6, 2024

Take a close look now at our curated list of top fintech, banktech, payment tech and investech global conferences for 2024. For the most part, early-bird (or very-early-bird) prices are still in effect, so you can easily save $1,000 or more on a pair of tickets. We expect the calendar to expand as we progress through the year.

Conference 15

Conference Fintech San Francisco Lending 15

Abrigo

MAY 30, 2023

1, 2024, and report for the first time by June 1, 2025. 1, 2024, is the earliest compliance deadline. Earliest deadline is 2024 Three deadlines for CFPB 1071 rule compliance The earliest reporters are those that have originated at least 2,500 small business loans covered by the rule in 2022 and at least 2,500 in 2023.

Compliance 195

Compliance Lending Data Regulation 195

BankInovation

DECEMBER 14, 2023

Stephanie Schultz, vice president and head of partnerships at Amex Digital Labs at American Express, is focused on building out digital client experiences as part of her innovation and product development strategy heading into 2024. Its expenses for the quarter increased […]

Strategy 64

Strategy Innovation Cards Technology 64

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

American Banker

JANUARY 25, 2024

Economic headwinds causing charge-offs and rising delinquencies — along with potential credit card late-fee restrictions — darken the company's 2024 forecast.

Cards 45

Cards Company Payments 45

The Paypers

NOVEMBER 29, 2023

Corporate mobility payments platform XXImo has announced that it is going all-in on Amazon Web Services as an EU Visa card issuer to process payments entirely through the AWS Cloud in Q1 2024.

Payments 41

Payments Mobile Cards 41

The Paypers

AUGUST 18, 2021

Mastercard has announced its plans that, by 2033, none of its debit or credit cards will have a magnetic strip, with banks able to issue the strip-less cards from 2024.

Cards 31

Cards 31

PYMNTS

JANUARY 19, 2021

Supplemental materials released by the company show credit card loans stood at $4 billion, up from $3 billion in the third quarter, and $2 billion in the year-ago period. In details on Marcus, the company said deposits at the end of the most recent quarter were $97 billion, and Goldman is targeting at least $125 billion in deposits by 2024.

Digital Strategies 152

Digital Strategies Strategy Cards Conference 152

Abrigo

FEBRUARY 14, 2024

You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." Prepare for unexpected changes in your AML staffing plan, making your plans a little more "disaster" proof.

Training 195

Training Fraud Compliance Regulation 195

PYMNTS

NOVEMBER 18, 2020

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

Mobile 220

Mobile Payments Cards Retail 220

Banking Exchange

MAY 11, 2020

Accelerating growth in use of Apple Pay and similar services will see market hit $416 billion by 2024, research shows Payments Outsourcing/Cloud Customers Core Systems Mobile Online Cards Feature3 Fintech Feature Financial Trends.

Payments 78

Payments Apple Trends Fintech 78

Abrigo

FEBRUARY 9, 2024

You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." ANPR to Address Residential Real Estate Money Laundering FinCEN is focusing on residential real estate money laundering. Here is what you need to know. billion laundered between 2015 and 2020 through the U.S.

Training 195

Training Fraud Trends Report 195

PYMNTS

FEBRUARY 10, 2020

Approximately 800 million facial recognition-equipped mobile devices are expected to be in circulation by 2024, in fact, with an additional 4.6 Biometrics are growing increasingly popular among credit card users. Biometric verification is being installed in payment cards as well. Developments From Around The World Of Digital ID.

social media 236

social media Colorado Louisiana Security 236

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

OCTOBER 12, 2020

consumers have largely relied on cards, were comfortable with them as a main purchase tool and the U.S. Meanwhile, demand for digital gift cards — one of Blackhawk’s areas of specialty — had been steadily growing but accelerated due to the pandemic. Mao said forecasts predict that digital gift card volume in the U.S.

How To 317

How To Retail Survey Mobile 317

PYMNTS

NOVEMBER 17, 2020

Carta's modern issuing platform propels several FinTech companies, including powering over 100 card programs and providing processing tech to companies like TransferWise , Sodexo and Payfare , the release stated. billion by 2024.

Payments 150

Payments Fintech Resources Mobile 150

Abrigo

MARCH 8, 2024

In 2024, we face sophisticated schemes exploiting both technology and social engineering to target unsuspecting customers. While wire transfers offer speed and efficiency, they have always carried inherent risks. Despite mitigation efforts, technological advancements have empowered criminals, posing new challenges in combating fraud.

Fraud 195

Fraud Technology Trends Training 195