The Paypers

JANUARY 30, 2023

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement Systems (NIBSS) have launched a national payment card aimed at boosting financial inclusion in the region.

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National Cards Payments Regional 68

PYMNTS

OCTOBER 6, 2020

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

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Regional Cards National Trends 198

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. They are not always fast followers of newly introduced products and services from their larger banking brethren who operate on a national scale.

Community 247

Community Community Bank Mobile Cards 247

PYMNTS

SEPTEMBER 30, 2019

In early May, Mastercard, in partnership with Edenred Bank and SEDESSON, the Mexico state agency for social benefits, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history.

Boston 177

Boston Security System Cards 177

PYMNTS

FEBRUARY 13, 2020

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” Drilling down a bit further into tap to pay metrics, the company has 145 million tap to pay cards in the U.S., will issue tap to pay cards. B2B Potential.

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Payments Regional America Cards 163

PYMNTS

MAY 1, 2017

markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. billion back in March, grocery delivery startup Instacart is eyeing some major U.S. expansion prospects.

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National Las Vegas Texas Columbus 100

PYMNTS

OCTOBER 14, 2020

Regional banks are following suit: First Horizon National Corporation , a regional FI based in Tennessee, has announced its partnership with a third-party technology provider to grant its treasury clients access to instant disbursement solutions. For more on these and other stories, visit the Tracker’s News & Trends.

Payments 257

Payments Trends Study Tennessee 257

PYMNTS

JANUARY 15, 2021

EedenBull , which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users access EedenBull’s payment and spend platform, according to a report from Finacial IT.

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Management National Regional Analysis 172

PYMNTS

MAY 19, 2017

Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the Asia-Pacific region is still clinging to cash. With China and India driving economic growth, countries in the Asia-Pacific region are estimated to spend some $8.1 trillion in cash payments in 2015.

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Report Regional Analysis Payments 136

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.

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America Regional National Fintech 132

PYMNTS

MAY 11, 2020

billion in April and brought in $920 million in additional liquidity via amendments to its co-brand credit card agreements in May. 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.

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PYMNTS

SEPTEMBER 15, 2020

Plus, First Horizon National Corp. Tennessee-based regional financial services company First Horizon National Corp. Hotels.com Debuts Loyalty Program Visa Card. Hotels.com has rolled out a Wells Fargo-issued credit card to assist users in accessing rewards. Goldman’s Marcus Adds Personal Finance Management Tools.

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Tools Fintech Tennessee National 131

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.

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Community Bank Community ATM Regional 102

PYMNTS

JULY 17, 2019

Beyond the technological advances, of course, China’s push toward a digital economy comes as the government has also digitalized the national ID card, which must be wielded by every citizen over the age of 16. Those cards are used for everything from transactions to getting tickets on mass transit.

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PYMNTS

JULY 8, 2020

That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. 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

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Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.” Only 28 percent sought more than $250,000.

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Community Bank Community Regional Cleveland 150

Payments Source

SEPTEMBER 20, 2018

Regional banks are in a much better position to offer a more flexible customer-centric proposition and better service to mid-market corporate and small business players than national issuers, according to Henry Pooley, chief commercial officer at Fraedom.

Regional 63

Regional Marketing National Payments 63

PYMNTS

OCTOBER 5, 2016

And while some have speculated that modern payment methods, such as credit and debit cards and mobile wallets, will spell the end of days for cash, it continues to thrive. They are used to spending cash — they’re familiar with it and view it as a currency that is free of charge to use, as opposed to payment cards and other payment services.”.

ATM 178

ATM Cards Mobile Regional 178

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

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Fraud Cards Retail Security 131

PYMNTS

APRIL 29, 2019

It would instead have to turn to expensive wire transfers, credit cards — which can take days to settle — or account-to-account transfers, which also can take several days to process and incur fees if passed through intermediary banks. A London-based manufacturer can’t rely on the U.K.’s Current Efforts .

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NCR

SEPTEMBER 1, 2016

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. Card providers have also been promoting the use of new solutions. With more than 1.3 billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense.

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Regional Payments National Boston 75

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.

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Fintech Cards System Groups 145

PYMNTS

AUGUST 29, 2019

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. Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region.

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Fraud blockchain System Cards 158

PYMNTS

NOVEMBER 10, 2020

The central bank and several other commercial banks collaborated on a cross-border bank account offering that Pakistanis overseas can use to store rupees and foreign currencies as well as to pay bills and make other transactions in the nation. Find more about these and all the rest of the latest headlines in the Tracker®.

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Report Fintech United States Meeting 216

Abrigo

JULY 15, 2015

Here are three ways you can help your clients acquire and manage their financial resources: One simple and, if well managed, surefire way to introduce more capital into the pockets of your clients is a business rewards credit card. Advise clients to look for business partners or help connect them with investors in their region.

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PYMNTS

OCTOBER 23, 2018

-based merchants sell across borders, but that percentage lags behind other nations such as Germany and the United Kingdom, where half of merchants that sell goods and services online do so across borders. To capitalize on that aforementioned eCommerce growth in emerging markets and log sales in those regions, U.S. Villegas said.

Payments 164

Payments Regional Online America 164

PYMNTS

OCTOBER 4, 2019

Such identity solutions were once exclusively the domain of wealthy, technologically advanced nations, but are spreading to countries like Nigeria and Sierra Leone, which have recently begun harnessing digital channels. Government-issued digital identities are not just the realm of sovereign nations. About The Tracker.

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Online Ohio Knowledge Base Regional 144

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). And, in Europe, banking service Monese now offers Apple Pay through 13 countries in the region, according to reports. Users who reside in Belgium, the U.K., And in the U.K.,

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Apple Retail Mobile National 108

PYMNTS

MARCH 4, 2020

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. “We The company holds more than 25 licenses to do business in more than 60 countries in Africa , Asia and Europe, per the release. “We

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Fintech Mobile Regional Management 168

PYMNTS

MARCH 23, 2016

The Payment Card Industry Security Standards Council (PCI SSC) announced Tuesday (March 22) that it is joining forces with the European Card Payment Association (ECPA) to further the fight against global payment data theft. We’re looking forward to ECPA’s active participation on every level of the council.

Security 100

Security Data Payments Regional 100

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.

blockchain 147

blockchain Payments Regional America 147

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.

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Report Study Regional Analysis 129

PYMNTS

DECEMBER 2, 2019

China has implemented a new policy requiring citizens who want new phone service to scan their faces to verify identities instead of simply presenting ID cards, according to a report in The Wall Street Journal. 1), and it was ostensibly put into place to tamp down on fraud and stop the illegal sales of mobile phone cards.

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Policies Mobile Maine Fraud 130

PYMNTS

JUNE 20, 2019

Prior to her time at First Data, Ford served as a regional director for U.S. Senator Bill Nelson (D-Fl.) She holds a B.S. in Journalism-Public Relations from the University of Florida in Gainesville, Fl.”.

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Industry Florida Leadership Data 150

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

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.

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America Regulation Regional Tools 165