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

PYMNTS

DECEMBER 26, 2018

As Karen Webster pointed out, the first commerce intermediary to operate at scale was Istanbul’s Grand Bazaar , which opened for business 558 years ago. How It Works: As of today, Goodworld is the only social fundraising platform with hashtag-to-donate technology on both Facebook and Twitter.

social media 183

social media Groups How To Chicago 183

PYMNTS

FEBRUARY 17, 2020

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. billion in three years, up from its 2018 value of $79.5

blockchain 249

blockchain Maine Security Data 249

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. of all approved loans in the program.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 Banks can spend up to 80 percent of their entire IT budgets on maintaining legacy technology, with large banks spending up to $300 million a year on updating this software to meet regulatory requirements. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

Bank Innovation

JANUARY 15, 2019

Citigroup CEO Michael Corbat touted roughly $200 million in cost savings the bank found in 2018 by going digital and taking on other related initiatives. It seems $200 million is only the beginning. Corbat said the bank will potentially reap $500 million to $600 million in incremental savings each of the next two years. That […].

Technology 186

Technology Operations Digital Banking Cards 186

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. Its technology is meant to assist in examining information.

Report 250

Report United States New York Big Data 250

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

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

Fraud 251

Fraud Cards United States Branding 251

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

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. billion funding round for Tokopedia. “We

Google 264

Google Regional Retail Groups 264

Perficient

OCTOBER 30, 2024

As part of the regulatory process, FinCEN may consider how financial institutions are currently using innovative approaches to compliance such as machine learning and AI, and the potential benefits and risks of specifying standards for those technologies.

Regulation 221

Regulation FDIC Compliance Innovation 221

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 Keychain Core was rolled out last September, earlier than expected, as reports suggested that kind of technology wouldn’t be available for another few years. billion in fiscal year 2018.

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

JANUARY 26, 2021

Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. in 2018 by ex-Facebook and ex-Google research scientists, including CTO George Papandreou and CEO Iasonas Kokkinos. Moreover, the number of VR users globally increased to 171 million in 2018. Ariel AI had landed $1.1

Video 193

Video Google Retail Online 193

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

FEBRUARY 9, 2020

The startup uses 3D printing technology to build its hotels in Mexico, where Ripley says 100 rooms per month can be built. “We 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. We assemble them like Lego,” he said. .

Community 252

Community Groups US Operations 252

PYMNTS

AUGUST 20, 2020

Faster Payments Council named the members of the FPC Board Advisory Group , which will advice the FPC Board of Directors and staff to add additional industry insight and expertise as the council continues its work to support the nation’s adoption of faster and real-time payments technologies. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

Perficient

SEPTEMBER 15, 2020

Consumers expect technology to work intuitively, regardless of its underlying complexity. It boosts consumers’ access to care while driving down operating costs and improving your bottom line. 2018, November 01). Consumerism has reached critical mass in healthcare. Collaboration and interoperability net all the pieces together.

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. What does that mean, then?

Fintech 211

Fintech Mobile Analysis Technology 211

Bank Innovation

MARCH 1, 2019

Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor. This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

MARCH 1, 2018

28) reports by the Global Trade Review , the bank’s senior innovation manager, Joshua Kroeker, held a media call and announced that after developing the trade finance solution for about two years, HSBC is “confident enough to actually do a live transaction” using its blockchain technology. The technology has come a long way.

blockchain 198

blockchain Technology Tools Regulation 198

PYMNTS

MAY 28, 2019

So much starts with coffee – mornings, political ads, artistic movements, advances in QSR retail – and that dictum could hold true with robots, at least the next generation of robots that promise to be powered by 5G technology. That 5G technology is key to the robot’s operations and worth, the report added. the Korean teleco.”.

America 173

America United States Technology Industry 173

Bank Innovation

JANUARY 18, 2019

banks seem to be optimistic their technology and innovation investments will pay off in the long run, and fourth quarter earnings for 2018 suggest some are already seeing progress on finding efficiency. Executives at the four big U.S.

Innovation 186

Innovation Technology Operations America 186

Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The future of finance is not technology,” Harit Talwar, head of Marcus by Goldman Sachs, said at Money 20/20 in Las Vegas.

Las Vegas 186

Las Vegas Taxes Software Branding 186

PYMNTS

APRIL 23, 2020

In the inaugural Digital Banks And The Power Of The Cloud Tracker® , PYMNTS examines how cloud-based tools are becoming part of banks’ digital transformations worldwide and how they are overcoming obstacles that can come with implementing these technologies. Developments Around The Cloud Banking World. The bank has designated $3.7

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

SEPTEMBER 8, 2020

The alliance will reportedly result in a digital technology that offers wholesaler access to credit and completely digitized marketing campaigns. The group will also harness the mobile technology of N-Frnds to more effectively communicate future promotional efforts involving wholesalers and suppliers. The ADB approximated a $1.5

Capital 199

Capital Groups Innovation Technology 199

PYMNTS

JULY 31, 2019

Thanks to this new technology, now it’s easier for our agents to work directly with the airline, which allowed us to expand our own S7 Airlines sales network. The number of operations is growing every month. Since January, the amount of payments made on the blockchain platform has grown tenfold.

blockchain 177

blockchain System US Operations 177

PYMNTS

JANUARY 21, 2020

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well.

Retail 210

Retail Trends Washington Technology 210

Accenture

JULY 15, 2019

Guest bloggers Ben Lopez and Charlie Arthy examine the evolving role of the COO in post three of their series on achieving simplified, future-ready bank operations. Our recent banking survey showed that 74 percent of bank operations executives named customer experience as one of the top three priorities. ¹

Customer Experience 153

Customer Experience Operations Survey Technology 153

PYMNTS

NOVEMBER 2, 2020

In 2018, the Postal Service piloted the FBI partership program at two post offices in Washington, D.C. Postal Service, said that the post office is getting a new technology solution for its fingerprinting program in fiscal 2022 and plans to get Impact Level 2 (IL-2) certification, according to the report. billion in revenue.

US 191

US Washington Report Policies 191

PYMNTS

SEPTEMBER 5, 2019

trillion in spending for goods and services in 2018, The Nilson Report said in a press release Thursday (Sept. percent in 2018, up from 42.5 It directly surveys more than 2,000 financial institutions to produce statistics about issuers, acquirers and technology providers. Commercial and consumer cards issued in the U.S.

Cards 188

Cards Report Marketing Payments 188

PYMNTS

NOVEMBER 30, 2020

The operation's purview will include enforcing new regulations governing consumer data privacy and the preservation of small businesses and small- and medium-sized news operations. government, digital business added 150 billion pounds (about $200 billion) to British economy in 2018. According to the U.K.

Marketing 189

Marketing Regulation Google Innovation 189

PYMNTS

AUGUST 14, 2020

“Styrofoam is a 70-year-old technology that succeeds at being very bulky and fragile, but it doesn’t really insulate all that well,” Powers said. And it doesn’t fit in with most companies’ operations very well.”. And, he noted, TemperPack is just getting started. A Better Choice For Food And MedTech.

Las Vegas 256

Las Vegas Nevada Virginia Operations 256

PYMNTS

JANUARY 22, 2019

Last year was the year of artificial intelligence (AI), declared Brighterion CEO Dr. Akli Adjaoute for PYMNTS’ 2018 year-end eBook. The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Turning Interest Into Adoption.

eBook 192

eBook Survey Technology Tools 192

PYMNTS

DECEMBER 28, 2018

With FinTechs offering clients a range of easy-to-use, sophisticated products, banks in 2018 were pressured to react to small businesses’ demand for advisory services — not just data, and not just digital platforms. Bank technology provider nCino has kept this challenge in mind throughout 2018. back office, too.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

AUGUST 6, 2020

trillion in 2018. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

DECEMBER 5, 2018

“Ninety percent of our business has been wiped out,” said factory operator Vinod Gupta at the time. The research suggested that small businesses planned to rebound in 2018, and set up a likely environment of optimism for 2019. The company planned to more than triple its customer base by the end of 2018.

Innovation 171

Innovation Survey Operations Community 171