Bank Innovation

OCTOBER 9, 2018

If Bitcoin hasn't been in the news lately (Bank Innovation included), it's because things aren't going that well for the best-known cryptocurrency, or for that matter any of the altcoins. A new report from Juniper Research found that the value of annual Bitcoin transactions will decline in 2019.

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Report Bitcoin cryptocurrency Innovation 186

Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. In 2019, Gartner projected that over 100 million customers would be shopping with AR in 2020. So, is this the year of AR breakthrough?

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JUNE 26, 2019

That said, we are now at the six-month mark of 2019, and a new decade looms. To get a sense of the most significant seismic shifts that have pushed payments innovation inexorably ahead through the past 10 years, as well as what lies over the horizon, PYMNTS queried 29 C-level executives with a collective thumb on the pulse of innovation.

Innovation 206

Innovation Payments Analysis blockchain 206

PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. An IPO reportedly could happen in the second half of 2019. Securities and Exchange Commission that sets the stage for it to go public. The latest?

Payments 223

Payments social media Analytics Capital 223

Bank Innovation

JULY 16, 2018

Bank of America will invest about $75 million per quarter in technology from now through the rest of 2019, the bank reported in its earnings call today.

America 247

America Technology Innovation Report 247

Bank Innovation

FEBRUARY 19, 2019

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

Innovation 240

Innovation Community Capital Fintech 240

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

Innovation 170

Innovation Seattle Fintech Security 170

Bank Innovation

MARCH 14, 2019

Customers increasingly expect banks and other financial institutions to meet them where they are with full functionality, said panelists at Bank Innovation Ignite 2019 in Seattle on Tuesday.

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Seattle Meeting Innovation Online 199

PYMNTS

DECEMBER 22, 2020

They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. trillion reported in 2019. BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally. One study predicted that virtual or contactless card payments will grow to $4.8

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JULY 13, 2020

Indeed, just as SMBs have fast-tracked their own digitization efforts, their financial technology partners have also found the current climate to be an opportunity to accelerate innovation and roll out new services to support their merchant and consumer users. Innovation On The Fast Track. ” Giving SMBs A Hyperlocal Helping Hand.

Innovation 184

Innovation Online Community social media 184

PYMNTS

DECEMBER 26, 2018

Payments in 2019 will drive much of the innovation the automotive world. Car sharing, too, will likely take on a more prominent role in 2019. That’s because both Uber and Lyft are expected to launch initial public offerings in 2019. The opportunity is clear. Vehicle Sharing. One reason to believe that? Car Buying.

Payments 174

Payments Mobile Software Data 174

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. The FSS understands that innovations often lead to heightened systemic, operational and cyber risks, as well,” he noted. “[It] 18, 2019, Choi continued.

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

JANUARY 27, 2021

Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. One study found that the use of malicious botnets to register false accounts increased by more than 70 percent in Q3 2019, for example.

Security 213

Security Innovation Fraud Study 213

Bank Innovation

APRIL 27, 2020

Louis-based Midwest BankCentre, gained $130 million in deposits in 2019. With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking. Rising Bank, the digital offshoot of St.

St. Louis 259

St. Louis Digital Banking US Online 259

Bank Innovation

FEBRUARY 14, 2019

How do innovators hone in on a specific focus when new technology darlings seem to emerge every day? To answer these questions, Bank Innovation has gathered four innovators to share ideas […]. As an executive in the ever-changing banking landscape, what separates early adopters from followers?

Innovation 170

Innovation Resources Technology Operations 170

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. The company launched in 2019 and had a seed round then for $2.7 Plaza said the impetus to form the company came from realizing how difficult it was to integrate payments into new online services.

Payments 300

Payments Capital Online Meeting 300

Bank Innovation

JANUARY 31, 2019

PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million for 2019, PayPal CEO Dan Schulman said in the earnings call Wednesday after market close.

Marketing 170

Marketing social media Online Cards 170

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

Perficient

JULY 30, 2020

Louis colleagues celebrated the Stanley Cup win in 2019. While touring the local recycling facility won’t happen in 2020, colleagues didn’t miss the opportunity to share their quarantine sustainability best practices tips and participate in an online plastic-free challenge.

St. Louis 530

St. Louis Missouri Minnesota social media 530

PYMNTS

JUNE 12, 2019

In the era of streaming entertainment and online news, the number of companies providing digital platforms for content is on the rise. million new subscribers in Q1 2019. The projected decline in paid TV subscriptions by the end of 2019 is 5 percent. will lack a traditional TV subscription by the end of 2019.

Innovation 176

Innovation Payments Video Survey 176

PYMNTS

JANUARY 24, 2020

Today’s announcement is the next big chapter of a $50 million commitment Mastercard and the Rockefeller Foundation made in 2019 regarding an assertive, strategic transformational model for philanthropy. “We must make sure that even as people have unprecedented access to technology, we don’t allow a new digital divide to emerge.”.

Data 199

Data Online Training Analytics 199

PYMNTS

SEPTEMBER 17, 2020

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

Online 168

Online Indiana New York Nevada 168

PYMNTS

JANUARY 6, 2021

In September, PYMNTS reported that the market, like many others, was beginning to shift into a digital mode for more eCommerce ability, according to Chief Digital and Innovation Officer Darren MacDonald. billion in 2019, with 66 percent of that number used to pay for pet food. In 2019, Petco saw its shares go up 9 percent and hit $3.58

Training 256

Training Online Industry Report 256

PYMNTS

DECEMBER 28, 2018

Yet previous analysis from Avoka has found that less than a quarter of business banking services can be opened online, introducing a major challenge for small businesses that see fewer and fewer bank branches open nearby. In 2019, it is about ensuring the FI has the right? However, as the speed of innovation continues to increase,?

Fintech 177

Fintech Customer Experience Tools Technology 177

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

NOVEMBER 25, 2020

billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. Katie Palencsar , head of Female Innovators Lab, told Bloomberg that male founders are in the majority, “so we continue to see more dollars going there as those rounds expand.” Companies that did get funding received only 0.9

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 28, 2018

This strategic acquisition allows Visa to offer a more comprehensive business solution to our corporate clients that is innovative, global, highly configurable and intuitive for their employees.”. “Square and Handshake share a common viewpoint on the importance of both in-person and online payments.

Innovation 184

Innovation Fintech Payments Management 184

PYMNTS

APRIL 23, 2020

Lloyds will look to both of these providers to help it create digital banking tools for its customers that will allow it to compete with the rising number of online-only FinTechs and challenger banks grasping at established FIs’ market share in the United Kingdom. The acquisition was finalized in July 2019 for $34 billion.

Digital Banking 262

Digital Banking Security Innovation Google 262

Bank Innovation

DECEMBER 14, 2018

Innovation is not itself an outcome at Wells Fargo & Company, according to the bank’s head of innovation, Lisa Frazier. The innovation group is an enterprise-wide function, she said, that's focused on applying new technology to the business of banking, creating new business models for the organization, and […].

Innovation 170

Innovation Groups Technology Company 170

PYMNTS

AUGUST 10, 2020

What they need is an online auction marketplace. Successful online selling, especially on a one-off basis, is tough. That involves simplifying and modernizing the online buyer-seller experience for the mass market, he said, and not just for top-selling reCommerce experts. Plenty of those around.

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US America Online Mobile 278

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

Idaho 148

Idaho Conference Data Marketing 148

Bank Innovation

JANUARY 2, 2019

It's the beginning of a new year, and naturally new trends will take shape. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

Trends Fintech cryptocurrency Payments 218

Bank Innovation

DECEMBER 26, 2018

Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. This year the financial services industry saw a lot of fintech M&A activity. iZettle is […].

Fintech 218

Fintech Innovation Industry Payments 218

Bank Innovation

JANUARY 29, 2019

Bank-backed Zelle will offer its P2P service to core processor technology provider Finastra this year, Bank Innovation has learned. This move is an important part of Zelle's onboarding strategy.

Community Bank 170

Community Bank Community Strategy Innovation 170

PYMNTS

JULY 22, 2020

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. Goldman Sachs also noted that eCommerce penetration rose to more than 40 percent in May from 16 percent of retail spending domestically in the first quarter of 2019.

United States 260

United States Retail Maine Online 260

PYMNTS

JANUARY 8, 2021

But for all the challenges thrown up by 2020, the surge of consumers online has forced merchants to raise the level of their digital checkout game, according to the latest edition of the PYMNTS Checkout Conversion Index. percent for online and 1.4 SMBS Outpaced Top Retailers When It Came To Innovation Adoption .

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Retail Online Mobile Customer Experience 261