PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. percent in 2019, compared to 10.5 percent in 2016. Another perennial challenge the industry faces is the ever-looming threat of data breaches.

Nevada 192

Nevada Security Innovation Data 192

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. with ease, control and security.”. This also makes data security critical, though, because banks must protect growing volumes of personal information.

Innovation 245

Innovation Regulation Digital Banking Security 245

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? Register here to secure the lowest possible rate! In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry!

Innovation 170

Innovation Seattle Fintech Security 170

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . Each $1 of fraud costs retailers $3.13. .

Security 233

Security New York Atlanta Fraud 233

PYMNTS

JANUARY 30, 2020

Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. Financial institutions (FIs) cannot simply expect the popularity of debit to persist unaided, however, and must continue to innovate to keep fraud rates at a minimum.

Security 182

Security Fraud ATM Cards 182

Perficient

JANUARY 14, 2021

According to Feeding America and the USDA, in 2019, more than 35 million Americans struggled with food insecurity; and this number has risen to nearly 50 million people during the COVID-19 pandemic. . Coming Together to Support Food Security. Giving Back To Food Security Organizations.

St. Louis 443

St. Louis Community Cleveland Houston 443

Bank Innovation

DECEMBER 18, 2018

A majority of Bank Innovation readers do not believe the results of the November midterm elections will have any impact on regulation pertaining to the fintech industry.

Regulation 210

Regulation Fintech Innovation Industry 210

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

Bank Innovation

JANUARY 26, 2020

Grasshopper opened in May 2019 after securing FDIC and OCC approval, a rare distinction for a digital-only bank. Jeremy Shure, global head of Grasshopper’s early-stage practice, told Bank Innovation that the company serves founders where the banking industry […].

New York City 243

New York City FDIC New York Innovation 243

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. Securities and Exchange Commission that sets the stage for it to go public. Securities and Exchange Commission that sets the stage for it to go public.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

DECEMBER 22, 2020

They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. It also examines what tools companies can tap to make these payments swiftly and securely. trillion reported in 2019. BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. percent of consumers who did so in 2019 — an increase of 27.4 percent trust that their information is secure. 31 percent bank via app. percent to 11.5

Data 277

Data Innovation Payments Millennials 277

Bank Innovation

MARCH 13, 2019

The customer experience in banking will change drastically over the next 10 years said panelists at the Bank Innovation Ignite 2019 in Seattle on Tuesday. I think […].

Customer Experience 150

Customer Experience Seattle Innovation Groups 150

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.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

FEBRUARY 5, 2020

AvidXchange’s goal is to have 100 percent ePayment adoption with “payments delivered on time, securely and with discrete data.” Praeger said it was forecast that the industry would see a decline in merger and acquisition activity in 2019. And Praeger says veteran players in the FinTech space will continue to grow this year.

Fintech 238

Fintech Innovation Payments blockchain 238

PYMNTS

DECEMBER 11, 2018

In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past.

North Carolina 163

North Carolina Survey America Big Data 163

Bank Innovation

DECEMBER 13, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, December 13, 2019.

Strategy 243

Strategy Branding Video Marketing Strategies 243

Bank Innovation

DECEMBER 18, 2018

One of those whose job is to make bets on what will come next is Lisa Frazier, head of innovation for Wells Fargo & Co. No one can say for certain what the future holds for banking and financial services, but some people are in a better position to make guesses than others. Here are […].

Innovation 170

Innovation Google blockchain Security 170

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The acquisition was finalized in July 2019 for $34 billion. To learn more about how Curve and Neat are innovating their platforms, visit the Tracker’s Feature Story.

Digital Banking 262

Digital Banking Security Innovation Google 262

Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

Innovation 170

Innovation Conference US social media 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

PYMNTS

JANUARY 14, 2020

in 2019 than ever before – 333,530 were granted, 15 percent more than in 2018, the global patent data platform IFI CLAIMS announced on Monday (Jan. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”.

US 150

US Connecticut Samsung Apple 150

PYMNTS

JUNE 30, 2020

The Bank for International Settlements ( BIS ) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported.

Innovation 148

Innovation Cyber Security New York Survey 148

PYMNTS

DECEMBER 27, 2019

We didn’t need more than two hands to count the ones we felt were change-the-world sort of innovations. By the numbers, it is hard to deny in the closing days of 2019 that instant payments, as observed by the PYMNTS Instant Payments Tracker , have hit their stride and are no longer a P2P payments tool for gig economy workers.

Payments 139

Payments Innovation Study Data 139

Bank Innovation

DECEMBER 31, 2018

It was a tough year for cryptocurrencies. Over the past 12 months, Bitcoin – the most popular cryptocurrency – lost more than 70% of its market capitalization and Ethereum lost more than 80% of its value, according to digital currency exchange Coinbase. Bitcoin, specifically, which was trading at almost $20,000 at the beginning of the […].

cryptocurrency 218

cryptocurrency Bitcoin Capital Marketing 218

PYMNTS

DECEMBER 28, 2018

It’s going to be a significant conundrum for banks servicing small businesses in 2019: how to cut costs and invest in digitization, while maintaining a strong relationship with clients and providing the advisory services they need. In 2019, it is about ensuring the FI has the right? with FinTechs. we’re even seeing?

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

FEBRUARY 12, 2020

According to the 2019 edition of the FBI’s Internet Crime Report , last year was both a lucrative and diverse year for cybercriminals and scammers. billion (or slightly over half) of all losses tracked in 2019. There were almost 24,000 complaints in 2019 and, according to the FBI, each successful attack costs roughly $75,000.

Fraud 253

Fraud Handbook Security Comparison 253

PYMNTS

OCTOBER 8, 2020

Mobile ordering services, advanced drive-thrus and customer safety and security are the top customer priorities for restaurants amid the pandemic. A December 2019 study found that 70 percent of restaurant customers have used mobile devices to interact with restaurants, for example, although the nature of their interactions varies.

Innovation 141

Innovation Fraud Mobile Security 141

PYMNTS

MARCH 7, 2019

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. However, the way payments innovation is pursued — and becomes reality — is changing, too. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared.

ATM 194

ATM Innovation Payments blockchain 194

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.

Seattle 199

Seattle Meeting Innovation Online 199

PYMNTS

APRIL 23, 2019

Innovations run the gamut from promo codes to coupons and quick-response (QR) scans in addition to other features such as delivery tracking. Overall, merchants in the $1 trillion accommodation and food services market see digital innovation as key for staying competitive in the space. percent — innovated to remain competitive.

Innovation 150

Innovation Payments Apple Meeting 150

PYMNTS

JANUARY 28, 2020

In the January Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including a retrospective look at the CU industry in the 2010s, an examination of hybrid cloud technology and a new synthetic identity security threat that could steal hundreds of thousands of dollars. trillion in 2019. million in 2019.

Innovation 155

Innovation St. Louis Fraud Technology 155

PYMNTS

JANUARY 20, 2020

Fabara officially joined Visa in September of 2019, coming from Amex, where he was president of its global services group. Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Going on the Offense. As Fabara told Webster, it’s a “when,” not an “if.”.

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

MARCH 21, 2019

Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks. One of the big concerns with the corporations we deal with is security, and how do you know that the person getting the funds is the person who is supposed to be ultimately getting the funds,” Bloh explained.

Innovation 152

Innovation Payments Regulation System 152

PYMNTS

JANUARY 6, 2021

Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. 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

BankInovation

MAY 24, 2022

billion by 2026, equivalent to an annual growth rate from 2019 upwards of 24%. After years of stop-start evolution, the market boom that open-banking advocates have been waiting for appears to be underway. The potential of this sector is as large as it is untapped with the sector projected to be worth $43.15 Open banking […].

Innovation 98

Innovation Security Marketing 98