PYMNTS

JULY 21, 2020

Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Many nations in the region are thus examining their open banking proposals to ensure they address this behavior.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. As of 2014, the mobile phone penetration rate in Singapore was 148 percent. Startups are estimated to employ nearly 300,000 on the island nation. A Knack For Mobile.

National 133

National Training Bitcoin Samsung 133

PYMNTS

MAY 21, 2019

Banking service Monese now offers Apple Pay through 13 countries in Europe , as the digital payment service has also arrived at National Australia Bank (NAB). retailer Iceland has seen encouraging results from a mobile wallet technology pilot during a marketing campaign. Users who reside in Belgium, the U.K., And in the U.K.,

Apple 108

Apple Retail Mobile National 108

PYMNTS

MAY 16, 2020

The company said that the system “may record bank note serial numbers and denominations to prevent duplicate bank notes, [and] may ensure transaction security by storing transaction signing private keys on a chip or mobile device Secure Element (when available). A central entity may be associated with a government of such a region.”.

System 320

System blockchain Regional Security 320

The Financial Brand

JUNE 27, 2021

As a new normal begins both must take a fresh look at what they are doing with mobile apps and beyond or get beaten by large national banks. The post Two Emerging Trends Signal Trouble for Both Fintechs & Regional Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Regional 36

Regional Trends Fintech Banking Trends 36

PYMNTS

OCTOBER 6, 2020

We’re a mobile app, and that’s how we deliver our services.”. According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

South State Correspondent

JUNE 14, 2024

Bankers don’t know what they don’t know, and few bankers outside of national and regional banks have experience with platform selection when it comes to digital banking platforms. Most mobile and online banking platforms allow little innovation and customization. Part of this problem is deficiencies in vendor selection.

Digital Banking 195

Digital Banking Customer Experience Meeting Analytics 195

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. There are plenty of mobile deposit apps for consumers, but there are far fewer focused on commercial mobile deposits.

National 101

National Charlotte Regional Operations 101

PYMNTS

DECEMBER 1, 2020

Rising infections and re-imposed lockdowns have damaged confidence and lowered mobility,” according to the statement. The statement further emphasized the need for a more “broad-based” approach to support national fiscal policies “for longer than initially envisioned.” The International Monetary Fund (IMF) said Monday (Nov.

Policies 168

Policies National Regional Analysis 168

PYMNTS

NOVEMBER 1, 2016

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. The machines are designed to stop users from being conned into transferring money from their bank accounts at an ATM by preventing transactions from completing if it detects the person is using a mobile phone, Bloomberg reported.

ATM 100

ATM Fraud Mobile Regional 100

PYMNTS

SEPTEMBER 18, 2020

18), the European Round Table for Industry ( ERT ), a Belgium-based advocacy group, wrote “Europe is lagging behind other world regions in the rollout of 5G, both the infrastructure and the capacity to offer commercial 5G services.”. In a tweet Friday (Sept. We have had too much of a fragmented approach in Europe,” Svanberg told the FT. “If

Industry 216

Industry Groups Regional National 216

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. One of the first neobanks in the region, Nubank , traces its genesis back to 2013, having raised hundreds of millions of dollars to expand across several financing rounds.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JULY 13, 2017

Lines at ATMs stretched endlessly, commerce ground to a halt in some regions and workers went more than one pay cycle without being paid for their work. Hota, managing director of the National Payments Corporation of India (NPCI). Google’s testing is almost complete, and the NPCI is waiting for RBI approval,” said A.P.

Mobile 101

Mobile Google National Payments 101

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets.

Fintech 211

Fintech San Francisco National Innovation 211

Banking Exchange

AUGUST 21, 2019

Community banks are facing tremendous competitive pressures from regional, national, and global banks Technology Feature3 Fintech Feature Financial Trends Community Banking Customers Core Systems Branch Technology/ATMs Outsourcing/Cloud Tech Management Mobile Online Cards Checks/Remote Deposit Capture.

Community Bank 102

Community Bank Community ATM Regional 102

PYMNTS

NOVEMBER 8, 2016

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148

Regional New York City National Google 148

PYMNTS

DECEMBER 4, 2019

Since partnering two years ago, Visa and NovoPayment have advanced digital payments across the region. In addition, Visa Token Services was introduced to the region for payouts, peer-to-peer (P2P) payments and B2B money movement. It’s a testament of our proven enablement model and commitment to collaboration.”.

America 132

America Regional National Fintech 132

PYMNTS

OCTOBER 22, 2020

Singapore’s mobile tech giant Grab is seeing solid recovery, with revenue bouncing back to 95% of pre-pandemic levels, according to a Thursday, Oct. But as the region recovers, businesses like Grab are starting to recuperate. The company's “Thrive with Grab” strategy has its eye on the 70% of the region that is unbanked.

Regional 143

Regional Groups National Tools 143

PYMNTS

NOVEMBER 19, 2018

Americans are going out to eat more often — and they’re using their smartphones, tablets and other mobile and connected devices to help them do so. These skyrocketing QSR sales are mostly the result of increased interest in, and adoption of, mobile and remote ordering capabilities. Consumer behaviors in the U.S. Growing Ticket Sizes.

Regional 123

Regional Mobile National Trends 123

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China. percent year on year in 2019.

Regional 128

Regional blockchain Mobile United States 128

Perficient

MARCH 3, 2021

There are some families without high speed internet, but La Puerta is mobile friendly and is intended to make the college journey seamless for students and parents.” La Puerta is available to MiHC’s partner schools, with plans to scale access regionally and nationally over time.

Detroit 520

Detroit Michigan Community Resources 520

PYMNTS

JULY 8, 2020

But drill down a bit, and cash usage has varied from country to country and region to region, depending on what phase of the pandemic (and lockdown) these countries are in. “On He noted that Diebold Nixdorf has augmented its payment choices with an ever-broadening mix of payment vehicles, such as NFC payments with mobile wallets.

ATM 214

ATM Regional Mobile Payments 214

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. The potential impact of the crisis on open banking’s future in the region is a different story, however.

America 165

America Regulation Regional Tools 165

NCR

SEPTEMBER 1, 2016

At the moment, some parts of this region are still heavily cash dependent, with research from McKinsey and Capgemini suggesting just two per cent of transactions in emerging nations of Asia-Pacific were cashless last year – though this rises to 35 per cent in developed countries. Mobile bridging the gap. With more than 1.3

Regional 75

Regional Payments National Boston 75

PYMNTS

MAY 17, 2017

To do this, the startup’s mobile solution captures smartphone geolocation information for package deliveries. This is both ineffective and incredibly frustrating for customers who think ‘mobile first’ throughout the region.”. Today, fetchr operates in the United Arab Emirates, Saudi Arabia, Egypt and Bahrain.

Regional 128

Regional Mobile Software National 128

PYMNTS

FEBRUARY 17, 2020

is the holding company for BankFinancial, NA, a national banking association providing financial services to individuals, families and businesses through 19 full-service banking offices, located in Cook, DuPage, Lake and Will Counties, Illinois and to selected commercial loan, lease and deposit customers on a regional or national basis. .

Illinois 131

Illinois Lending National Conference 131

PYMNTS

MARCH 4, 2020

It also aims to enable banks, mobile money operators and other providers to connect with one another at a low cost. We believe in our mission to address financial inclusion by making real-time national, regional and global payments accessible to everyone,” said Ambar Sur, founder and CEO of TerraPay.

Fintech 168

Fintech Mobile Regional Operations 168

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. The competitive landscape, she told PYMNTS, shifted “the moment that the banks and Apple ended up on a stage together [for Apple Pay].”

Community 247

Community Community Bank Mobile Cards 247

PYMNTS

DECEMBER 9, 2019

The initiative is called the Cross-Border Mobile Payment Alliance, and it’s meant to allow people from Japan, Korea and Thailand to be able to use their own payment service when they’re in Taiwan. LINE Pay Taiwan and iPASS Corp. LINE Pay Taiwan hopes to launch the collaboration by the first quarter of 2020. .

Payments 131

Payments Mobile Regional National 131

PYMNTS

SEPTEMBER 18, 2020

consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability of lower-cost smartphones and wireless broadband, the ongoing adoption of eCommerce and the move on the part of many countries to innovative their national payments infrastructure.

Marketing 253

Marketing National Innovation Payments 253

PYMNTS

DECEMBER 2, 2019

1), and it was ostensibly put into place to tamp down on fraud and stop the illegal sales of mobile phone cards. The technology has had its fair share of controversy, especially in the region of Xinjiang, where it has been used to spy on the area’s Uighur Muslims. The new requirement went into effect Sunday (Dec.

Policies 130

Policies Mobile Maine Fraud 130

PYMNTS

SEPTEMBER 11, 2019

Different regions have their own unique payment rails, and no two abide by the same regulatory framework. Last week, seven European payments operators announced the European Mobile Payment System Association initiative, a new pan-European network focused on cross-border mobile payments. How Cross-Border Payments Are Made.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MAY 11, 2020

Marriott CEO and President Arne Sorenson said on a Monday (May 11) earnings call that, overall, “negative trends appear to have bottomed in most regions around the world. He noted that occupancy levels in the region are currently a bit more than 30 percent, which is higher from the lows of below 10 percent in mid-February.

Trends 178

Trends South Carolina Regional United States 178

PYMNTS

MARCH 24, 2016

The world of mobile payments news this week started out in the one region of the world that doesn’t often make much news when it comes to what U.S. companies are doing in mobile commerce: Cuba. Which brought about news from some of the biggest players in mobile payments, like Xoom, PayPal and Western Union.

Mobile 100

Mobile US Apple Payments 100

PYMNTS

MARCH 14, 2016

As a region, Asia has seen $4.5 That means the region is becoming a sweet spot for FinTech investment. But, in Asia, the funding rounds that stretched across India, China and other nations — lured by the buying power of billions of consumers tied to their mobile devices — grabbed a relatively higher pace of fund flows.

Fintech 100

Fintech Regional National Mobile 100

Banking 2020

NOVEMBER 9, 2015

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time. ” A divergence in strategy. Challenges ahead?

Mobile 40

Mobile Payments Regional National 40

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Mobile Banking Functionality Benchmark. Or at least they should be. Power found.

Regional 28

Regional Mobile Millennials Study 28