PYMNTS

OCTOBER 26, 2018

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found. Reports in The Asset on Thursday (Oct. Reports in The Asset on Thursday (Oct.

Cards 199

Cards Regional Survey Tools 199

PYMNTS

NOVEMBER 26, 2019

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. People in lower-income regions or with aging populations are also slower to gravitate toward online and mobile banking. More than half of the 3,114 counties in the U.S.

Community 209

Community Regional Maine Digital Banking 209

PYMNTS

OCTOBER 22, 2018

Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. million: The number of smart vending machines forecast to be online in the Asia Pacific Region. Data: $13 billion: Projected worth of the self-service market by 2023.

Data 182

Data Regional Fraud Course 182

PYMNTS

JULY 1, 2017

billion : How much Americans plan to spend celebrating July 4th in 2017 — a slight 1.4 31 million : The number of Americans who say they will be traveling this 4th of July weekend, citing record low gas prices (the national average is $2.23, with some regions averaging below $2). For example: $6.8 percent increase from last year.

United States 125

United States Boston Comparison National 125

PYMNTS

NOVEMBER 16, 2018

16) that the practice still fell in popularity in 2017. percent in 2017 per the flow of SWIFT interbank payment messages. percent cumulatively from the beginning of 2011 to the conclusion of 2017. Even with efforts to stem the decline in correspondent banking, The Financial Stability Board (FSB) noted on Friday (Nov.

Regulation 190

Regulation National Survey Regional 190

PYMNTS

OCTOBER 30, 2020

According to the statement, international sales spiked 18 percent, reaching $433 million, driven by a 31 percent increase in sales in the Europe-Middle East-Africa region. The Asia-Pacific region saw a 15 percent jump in sales. North American sales dropped 5 percent and Latin America declined 15 percent.

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

MAY 30, 2018

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

Lending 115

Lending Community Bank Survey Community 115

American Banker

AUGUST 22, 2023

The Alabama-based regional bank didn't effectively track whether some loans complied with flood insurance regulations, according to the Fed. Regions said that it had fixed the issue by 2017.

Regional 69

Regional Alabama Regulation Compliance 69

PYMNTS

DECEMBER 12, 2018

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 The two regions with the most growth were also the two least developed: Asia-Pacific and Central and Eastern Europe. RBR expects the acceptance of cards to grow 8 percent between the end of 2017 and 2023, to 111.7

Cards 178

Cards Payments Regulation Regional 178

Bank Innovation

DECEMBER 13, 2016

It’s almost time to wave goodbye to 2016. This was a big year for fintech, with new regulations, new startups, and new technologies displayed across events like Sibos and Money20/20, making it clear that the progress of fintech can’t really be stopped. But how will it continue? That’s the real Read More.

Fintech 150

Fintech Regulation Technology Regional 150

PYMNTS

FEBRUARY 9, 2020

Uber’s acquisition of Careem , along with Amazon’s purchase of Souq.com in 2017, generated interest in the burgeoning tech field in the area. By acquiring Careem, Uber was able to grow its presence in the region and also stave off what would’ve been a contentious rivalry. according to Tarabzouni last fall.

Google 151

Google Regional Capital Marketing 151

PYMNTS

MARCH 15, 2018

Startup Emailage stopped almost twice as much potential fraud in 2017 as it did in the previous year. That’s according to Emailage’s email risk assessment results from 2017, which bring together data from across customers’ transactions from the startup’s entire network. via London, and 2016’s into Latin America.

Fraud 120

Fraud Regional America Security 120

PYMNTS

NOVEMBER 24, 2019

That is 24 percent higher than in 2017. In addition, North America is the most expensive location for an SMB to suffer a data breach compared to all seven regions in the study. The company found that in 2018, breaches cost a company $1.23 million on average for enterprises. SMBs in the U.S.

Data 203

Data Mobile Security Regional 203

PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. Crypto Regulations. billion over the corresponding period.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

JUNE 5, 2019

HSBC’s PayMe digital wallet has been available to individuals since the early part of 2017, but now it is targeting startups and small business owners. The bank has received thousands of applications since launching PayMe in April, according to Stuart Tait, the regional head of commercial banking for HSBC in Asia. “We

Digital Banking 181

Digital Banking Regional Report Tools 181

PYMNTS

MARCH 2, 2020

The plans came from the “high demand” in the region for i2c services, the release states. I’ve been aware of i2c’s growing presence in the region and of their well-deserved reputation for client responsiveness and delivering innovation to market incredibly fast,” Khan said in the release.

Regional 132

Regional Apple Policies Compliance 132

PYMNTS

MAY 20, 2020

Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails. SCT Inst was developed in 2017 to establish operational guidelines by which all real-time payment rails in the EU are required to comply.

Payments 210

Payments Guidelines Regional Strategy 210

PYMNTS

JANUARY 15, 2018

On orders of a multi-agency task force, regional authorities have been instructed to “actively guide” firms currently mining bitcoin in their region away from the activity, according to documents reviewed by The Financial Times. As of 2017, electricity demand for bitcoin mining rose to about 20.5

cryptocurrency 146

cryptocurrency Bitcoin Regional Regulation 146

PYMNTS

DECEMBER 13, 2019

With the completed integration, Robo.cash users can invest in the region and its development. This integration will significantly accelerate our development in the region. million in 2017, a number that made up 58.4 Robo.cash has about 9,200 registered users and has attracted investments exceeding a value of $10.6 ”

Lending 130

Lending Regional Groups Marketing 130

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

MARCH 6, 2019

According to Fortune , the average deal size for women-led businesses in 2017 was roughly $5 million, while male-led firms averaged around $12 million. Firms are asked to leverage their company’s capabilities to help “transform consumer, payments and/or commercial experiences locally, regionally or globally.”

Regional 179

Regional Capital Study Leadership 179

PYMNTS

NOVEMBER 11, 2016

Sixty-five percent of respondents in Latin America, 52 percent in South Africa and Turkey, and 51 percent in the Asia-Pacific region look forward to being able to complete more transactions on mobile devices. This spending is expected by some to double in 2017. Estimates suggest that more than 38.4

Mobile 150

Mobile Regional America Survey 150

PYMNTS

AUGUST 29, 2017

Reasons for the cash preference in Asia are plentiful, with one being that consumers in the region do not yet clearly understand how different payment systems work, though they understand cash thoroughly, PayPal’s Rohan Mahadevan told CNBC. Once they try it, he noted, they may transition away from using cash.

Report 129

Report Study Regional Analysis 129

PYMNTS

SEPTEMBER 9, 2019

“We are delighted to welcome him on board to help drive our regional strategy and support our vision of delivering a fast and frictionless cross-border payment experience for the global financial industry.”. He has also been a member of TCH’s Company Board since 2017. Watson started his position in New York on Monday (Sept.

Management 179

Management America New York Regional 179

PYMNTS

MAY 29, 2018

million on average for enterprises (up 24 percent from $992K in 2017), and $120,000 on average for small and medium-sized businesses (up 36 percent from $88K in 2017). million in 2017. In addition, North America is the most expensive location for an SMB to suffer a data breach compared to all seven regions in the study.

Data 145

Data America Training Survey 145

PYMNTS

JUNE 17, 2020

The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported. Amazon’s moves in the Middle East have been said to solidify the company’s presence in the region and bolster its worldwide sales after a slump in the beginning of 2019.

Washington 192

Washington Leadership Branding Video 192

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

APRIL 19, 2018

percent of all cards issued globally by the end of 2017 were EMV-enabled. percent of all card-present transactions made around the world between January and December 2017 used EMV chip technology. Regionally, the EMV chip card adoption rate is highest in Canada, Latin America and the Caribbean (85.7 The data also showed that 63.7

Cards 112

Cards United States Regional Technology 112

PYMNTS

MARCH 19, 2019

“While the industry has expanded quickly to a large and complex scale over the years, regulatory directions keep changing and different regions have different rules.”. However, though the company expanded quickly in 2017 and 2018, Beijing’s crackdown on certain lending practices forced Dianrong to decline in the second half of 2018.

Regulation 138

Regulation Lending Regional Industry 138

PYMNTS

NOVEMBER 25, 2019

Over the last two months, we have audited every driver in London,” Jamie Heywood, Uber’s regional general manager for Northern and Eastern Europe, told Reuters. “We The company’s license was pulled for the first time in London over safety concerns in September of 2017. This isn’t the first time has Uber lost its London license.

Operations 150

Operations Regional Regulation Software 150

PYMNTS

SEPTEMBER 15, 2017

The region is now home to more than half of ATMs worldwide, which is helping drive use of cash, according to RBR’s latest forecast. Just between 2015 and 2017, the number of ATMs in the Asia-Pacific region increased from 1.55 million to 1.72 million and are projected to reach 2 million by end of 2022, the RBR research found.

ATM 122

ATM Regional Analysis Payments 122

PYMNTS

MARCH 3, 2020

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled out in 2017, according to reports.

United States 140

United States Regional America Capital 140

PYMNTS

AUGUST 14, 2019

The Financial Times is reporting that PayPal launched a domestic business in India in 2017, which allows for local and global payments in the country. We look at regions and then there are countries of importance?…?India PayPal considers the country critical to its growth. India currently is an area of focus.”.

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

MAY 21, 2019

TriMet, the region’s biggest transit provider, in 2017 enabled all Hop electronic fare card readers to accept contactless bank cards, credit cards and debit cards in Apple Wallet to ride buses, trains and streetcars.

Portland 172

Portland New York City Apple Payments 172

PYMNTS

MAY 17, 2017

The global card industry continues to provide growth opportunities in several geographic regional and vertical markets,” Al Vrancart, ICMA founder emeritus and industry advisor, said in the press release. The outlook for 2017 and beyond is for continued moderate global dollar growth and buoyant card units.”. In addition, there was $7.55

Cards 126

Cards Regional America Marketing 126

PYMNTS

FEBRUARY 17, 2020

Founded in 2017 by a group of Chinese entrepreneurs living and working in Europe, EasyEuro is led by CEO Dr. Ryan Li. Trade volumes between the regions were worth more than $320 billion in 2018. . The startup is now an eMoney institution authorized by the Financial Conduct Authority (FCA).

Fintech 176

Fintech Capital Regional Digital Banking 176

PYMNTS

NOVEMBER 13, 2020

In a recent interview with Karen Webster, Joel Neoh, founder of leading regional online-to-offline company Fave, said that “if you couple QR together with cards and provide that full suite of payment acceptance that captures different formats, that is what the merchant needs.”.

Payments 305

Payments Apple United States Cards 305