Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

San Francisco 267

San Francisco New York Fintech Regional 267

Bank Innovation

DECEMBER 13, 2018

operations. As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship.

Innovation Strategies 199

Innovation Strategies Strategy Innovation New York 199

PYMNTS

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. The solution is named LazMall, and it rolled out in the summer of 2018.

Operations 159

Operations Philadelphia United States Online 159

Bank Innovation

MARCH 29, 2018

The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More. Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject.

San Francisco 305

San Francisco blockchain Video Innovation 305

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

Chris Skinner

JANUARY 27, 2019

During the second half of 2018, we were trying to work out the future of the Financial Services Club in light of one of our founders, Andy Coppell’s retirement.

Operations 260

Operations 260

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 127

Operations Policies System Regulation 127

Perficient

AUGUST 19, 2020

Kurt Heslop, lead technical consultant, started volunteering at the shelter in April 2018 to spend time with dogs, but it soon evolved to much more than that after joining the Board of Directors in December 2019. One of these shelters is the Hood River Adopt A Dog shelter in Oregon.

Technology 539

Technology Oregon Community Training 539

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. That caused the infrastructure financier to fall in 2018 and the government seizure of a mortgage lender in 2019. The Reserve Bank of India , according to the Friday (Jan.

Regulation 272

Regulation Capital Lending Groups 272

PYMNTS

NOVEMBER 23, 2020

Paxos, PayPal’s partner, operates itBit. The Robinhood trading app has allowed digital currency as of 2018, and Square users have had the capacity to trade in digital currency for more than a year. Pantera Capital said in the report, as noted by Benzinga, “When PayPal went live, volume started exploding.

cryptocurrency 357

cryptocurrency Bitcoin New York Capital 357

PYMNTS

APRIL 8, 2020

The endgame is for those SMBs, most of which have had to close or drastically reduce operations to prevent the spread of the coronavirus , to be able to continue to pay employees and keep the lights on while social distancing and lockdown rules are in effect.

Operations 261

Operations America 261

PYMNTS

FEBRUARY 13, 2019

Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to September of 2015. In other Visa news, the company recently announced a partnership in Japan with LINE Pay Corporation, operator of the popular payment app LINE Pay. More than 3.1 More than 3.1

Fraud 251

Fraud Cards United States Branding 251

PYMNTS

JULY 5, 2020

Hemp, a strain of cannabis with lower concentrations of THC, the substance that makes users high, was legalized in 2018. These guidelines help clarify how hemp should be treated and operate in the banking space,” said CEO Bruce Perlowin. “A Hemp Inc.,

US 352

US Nevada Arizona Guidelines 352

PYMNTS

FEBRUARY 17, 2020

In the February Intelligence of Things Tracker , PYMNTS examines how connecting devices can promote efficiency, optimized operations and streamlined organizational structures — but doing so can also create favorable data breach conditions for fraudsters. billion in three years, up from its 2018 value of $79.5

blockchain 249

blockchain Maine Security Data 249

PYMNTS

OCTOBER 27, 2020

The acquisition builds on a strategic partnership and investment made in 2018, where Visa invested in the company back then. With the acquisition, Visa hopes to boost its 'network of networks' strategy, reducing the time to market and costs for issuers and processors who need to access innovative operating solutions, the release says.

America 297

America Innovation Strategy Regional 297

Perficient

AUGUST 16, 2020

This law was signed on February 16, 2018, and officially went into effect on February 16, 2020. This law will apply to manufacturers, sellers, lessors, and nay business that installs manages, or operates an MLTS. On March 23, 2018, the President signed the RAY BAUM’S Act into law. RAY BUAM’S Act.

System 348

System Regulation Texas Compliance 348

PYMNTS

MAY 18, 2020

JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based billion in fiscal year 2018. And the startup has a “blockchain-as-a-service” platform that allows companies to access their own solutions with Ethereum, NEO, List and NEM. based Paystand for a B2B payments system.

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

AUGUST 20, 2020

This went on between 2014 and 2018, the court document stated. Through December 2018, the court document stated TD Bank’s policy of asking customers to verbally state whether they wanted to enroll in DCA violated the law. That’s in addition to standard overdraft service for normal transactions. The bank charged around 1.42

Policies 262

Policies Regulation Cards Operations 262

PYMNTS

FEBRUARY 17, 2020

The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. in October of 2018 — more than two years after the U.K. Online bank N26 ‘s decision to exit the U.K. has customers feeling left behind, CNBC reported.

Comparison 231

Comparison Digital Banking Branding Report 231

Bank Innovation

JULY 10, 2018

The percentage of “mobile-dominate” customers, who prefer to bank from their smartphones, has increased from 10% to 15% of consumers YoY, according to a June 2018 report published by Price Waters Cooper. Consumers want to engage with banks on an omnichannel level, and right now, the mobile channel seems to be the most popular.

Mobile 240

Mobile Report Operations Online 240

PYMNTS

AUGUST 5, 2020

What Thrasio is doing better than anyone else right now is making a business out of buying Amazon businesses, which it then onboards, optimizes and operates. In fact, it has been profitable since it was founded in July 2018, with its revenue doubling (on average) every 73 days. company to reach profitable unicorn status.

America 336

America Marketing Operations Retail 336

PYMNTS

JANUARY 6, 2021

Supreme Court decision allowed sports betting in 2018 and online gambling gained ground even as brick and mortar locations had to close. 6), Cuomo said that the “operator or platform must have a partnership with one of the existing licensed commercial casinos.” billion last year. Separately, and as reported by PYMNTS , a U.S.

Online 269

Online New York United States Mobile 269

PYMNTS

AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany back in February for reportedly operating without a trading or banking license. Movie2k.to

Bitcoin 157

Bitcoin ATM cryptocurrency Operations 157

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. The operations affected include ride-hailing services ORide and OCar, and logistics service OExpress, Bloomberg reports.

Operations 198

Operations Mobile Report Payments 198

PYMNTS

JANUARY 24, 2021

in January of 2018, and after that, an underground operation emerged, in which the yen were exchanged for other digital currencies on a dark website. The report says there were 58 billion yen in digital money stolen from Coincheck Inc. The suspects, according to the report, had been trading at said exchange.

Bitcoin 234

Bitcoin Marketing cryptocurrency Cards 234

PYMNTS

FEBRUARY 14, 2020

The company is ceasing operations in five states after it failed to meet Amazon’s standards. We have a responsibility to our customers and the communities where we operate to ensure these partners meet our high standards for things like safety and working conditions,” an Amazon spokeswoman said in an email, according to Bloomberg.

Company 215

Company Wisconsin Minnesota Michigan 215

PYMNTS

MARCH 30, 2020

billion) in operating income in 2018. With mobile banking, however, Sriumporn said many of those frustrations would disappear, as even money from other countries can be sent and received instantaneously through Ripple’s service. SCB had 3,187 billion baht ($105 billion) in equivalent money, along with 138.2 billion baht ($4.6

Payments 251

Payments Customer Experience Mobile US 251

PYMNTS

MARCH 12, 2020

The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 billion in revenue and cost $5 billion to operate. Those facilities accounted for about 15 percent of total fiscal year 2018 revenues and about 7 percent of its total costs.

Retail 169

Retail US Survey Examples 169

PYMNTS

MAY 16, 2019

The gig economy has operated — and thrived — in a gray area. The survey, which was conducted in Q3 and Q4 2018, found that digital marketplaces like TaskRabbit, Uber and Airbnb play a critical role for gig workers, primarily — but not across the board — for skilled, nonseasonal workers. In Q4 2018, 37.6 percent in Q3 2018 to 39.3

Study 191

Study Payments Taxes Survey 191

Abrigo

DECEMBER 5, 2019

The much-needed guidance comes almost a year after The Agriculture Improvement Act of 2018 (2018 Farm Bill) was signed into law. The 2018 Farm Bill removed hemp as a Schedule I narcotic under the Controlled Substances Act and directs the United States Department of Agriculture (USDA) to regulate legal hemp cultivation and production.

Regulation 195

Regulation United States Training Compliance 195

PYMNTS

FEBRUARY 9, 2020

It has already started two subsidiaries for real estate and manufacturing operations. His investment fund is called the 10100 and was founded in March of 2018. Since leaving Uber, Kalanick has launched the startup CloudKitchens and invested in the trucking and logistics startup Kargo.

Community 252

Community Groups US Operations 252

PYMNTS

JANUARY 26, 2021

in 2018 by ex-Facebook and ex-Google research scientists, including CTO George Papandreou and CEO Iasonas Kokkinos. For example, commerce operators like Timberland and Macy’s are demonstrating how to leverage VR-equipped smart mirrors for tasks like checkout and product testing. Ariel AI was established in the U.K.

Video 193

Video Google Retail Online 193

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s s Vision Fund has also met with Facebook Inc. Microsoft Corp. and Amazon.com Inc. , the sources said.

Google 264

Google Regional Retail Groups 264

PYMNTS

AUGUST 21, 2020

It had a net loss of $580 million, roughly equivalent to its loss in 2018, while costs were slightly above $1 billion. The Times garnered the documents, which provide an in-depth view into the firm’s operations as well as accounting.

Report 250

Report United States New York Big Data 250

Abrigo

DECEMBER 17, 2019

There are many operators of mule networks offering their services on the Dark Web. Not surprisingly, these operators have prepared for Black Friday and Cyber Monday, mainly by increasing mule capacity to satisfy the high demand during the holiday shopping. One of the most important links in the chain of e-commerce fraud is the “mule”.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

MARCH 16, 2020

Intercontinental Exchange, the parent firm of Bakkt, had first made it known in the summer of 2018 that Starbucks was eyeing the retail use of digital currency payments. Customers can see Bakkt as an option but the test is only available at this time.”.

Bitcoin 242

Bitcoin cryptocurrency Report Retail 242

PYMNTS

NOVEMBER 25, 2018

Venmo , the digital money transfer service owned by PayPal , suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year.

Fraud 222

Fraud Payments Report Branding 222