PYMNTS

DECEMBER 22, 2020

In investments, social media-focused attire reseller Poshmark recently filed for an initial public offering , hoping to catch an IPO wave that saw massive first-day increases for DoorDash and Airbnb. 27 : Average number of minutes that active users spent per day on the Poshmark site in 2019. in the same period last year.

social media 144

social media Innovation Retail Data 144

PYMNTS

DECEMBER 15, 2020

Cameo was valued at $300 million in mid-2019, Bloomberg reported, citing Axios. Facebook, which is the world's biggest social media company, has faced antitrust concerns in recent years over its big-name acquisitions of popular apps like Instagram and WhatsApp.

Video 296

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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. The Bigger PayPal Picture.

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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

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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 […].

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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

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PYMNTS

JUNE 14, 2019

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer. Social Media Aspect.

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PYMNTS

FEBRUARY 3, 2020

Ask Amazon, which had to shutter its social shopping entry, Spark, after two years in July 2019. percent of online sales came from social channels. However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 Brand advertisers, it says, need to justify social media ROI.

social media 144

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PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. 22 billion: Projected over-the-top (OTT) media revenue for 2019. All this, Today In Data.

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PYMNTS

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. billion and that exceeded 2019 Black Friday sales by 10 percent. Recent social media sales i nnovations and a robust economy further the dominance of online shopping. Exceeding forecasts , Dec.

Retail 186

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PYMNTS

DECEMBER 11, 2020

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec. Some pundits have expressed concern that holding up mergers and acquisitions could stifle innovation. percent of proposed mergers from 2008 to 2016.

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Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

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Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

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Insights on Business

FEBRUARY 13, 2019

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Social-based marketing. See more about this innovation in the short documentary by Errol Morris, Serving Millions, One-on-One.

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PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. Social media giant Facebook is facing yet another batch of complaints around its practices in the region, with more claimants asserting it is not meeting GPDR requirements under the law.

Strategy 188

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PYMNTS

MAY 4, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. In the modern digital era of QSR, it is almost impossible not to mention Starbucks and its myriad contributions to innovation — including the first really successful launch of a mobile wallet product in the U.S.

Innovation 134

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Bank Innovation

JANUARY 17, 2019

The tide is turning, says Pagaya CEO Gal Krubiner. The idea that investors need to look their asset managers in the eye is going away, just as visits to the bank branch are on the decline. This will happen in asset management, Krubiner says, because the proof will be in the returns. Pagaya uses data science […].

Management 199

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PYMNTS

SEPTEMBER 17, 2019

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. Not paying one’s debts, for example, is an obvious one. million on enterprises.

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PYMNTS

JULY 21, 2020

The popular social media app saw a revenue increase of 17 percent to $454 million in the second quarter, as opposed to last year. The adjusted EBITDA was $96 million for the second quarter, according to the release, up from $79 million in 2019.

social media 158

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Abrigo

APRIL 2, 2020

Securities and Exchange Commission (SEC) is warning about online promotions, including on social media, claiming that products or services of publicly traded companies can prevent, detect, or cure COVID-19 and that the stock of these companies will dramatically increase in value as a result. Artificial Intelligence. BSA Software.

Fraud 335

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PYMNTS

JANUARY 30, 2020

In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on expanding its digital consumer bank and Airbnb hires former Disney President Catherine Powell to head its Experiences division. Facebook Expenses Rise 51 Pct as Regulatory Pressure Increases.

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Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

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Risk Management Management Report Compliance 110

PYMNTS

DECEMBER 10, 2018

Instagram , the Facebook -owned photo-sharing social media platform, has officially launched a new voice messaging feature on Instagram Direct. This is the latest feature launched by the social media site. TechCrunch reported that the launch comes five years after Facebook launched a similar feature through Messenger.

social media 141

social media Customer Experience Branding Report 141

Insights on Business

FEBRUARY 3, 2019

Supported by innovative technologies and processes, this collaboration between humans and machines further enhances the strengths of the organizations that embrace it. –> Browse more Think 2019 financial services blogs. –> Watch the Think Concierge videos to learn how to make the most out of Think 2019.

Customer Experience 157

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PYMNTS

SEPTEMBER 17, 2020

“I am delighted to be joining Libra Networks with a mission to enhance financial innovation,” said Emmett. Libra Association, launched in June 2019, describes itself as an “independent member organization.” The group, based in Geneva, Switzerland, was founded by Facebook to launch the social media company’s entry into digital currency.

Management 142

Management social media Leadership California 142

Accenture: Banking

JUNE 5, 2019

Late 19th century American farmers, threatened by industrialisation, had to use new tools and techniques to innovate and survive. Carver was certainly an innovator, having reputedly discovered three hundred uses for peanuts and hundreds more for soybeans, pecans and sweet potatoes. 1 CreditEnable.

Trends 177

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PYMNTS

JULY 10, 2020

in 2019’s third quarter. billion in 2019’s fourth quarter. At the time, CEO Jeff Bezos proudly proclaimed that “more people joined Prime [in 2019’s fourth quarter] than ever before.” (The There’s even room for social media giants in the subscription game. “In in the second quarter — the highest level in 15 months.

Report 197

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PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

MARCH 4, 2019

But as of 2019, the fashion brand decided it wanted to sell something new – clothing for adults – and wanted to launch it in a very new way. “We’re an innovative, playful brand at heart, and part of that is exploring new digital channels and technologies,” said Lea Sandell, social media innovation lead at the LEGO Group.

Branding 174

Branding social media Innovation Customer Experience 174

PYMNTS

APRIL 27, 2020

Sixty percent of FIs in one 2019 survey reported that they were already running at least some of their financial applications on private or public cloud environments, and an additional 18 percent planned to migrate their operations to the cloud within the next two years. Global banking revenues are expected to reach approximately $5.4

Digital Banking 248

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Bank Innovation

APRIL 22, 2019

The Liftoff 2019 Mobile Finance Apps report, released earlier this month, showed that finance-focused mobile apps retain more users than retail, media, dating […].

Mobile 186

Mobile Report Industry Video 186

PYMNTS

DECEMBER 26, 2019

The world’s biggest social media platforms are cracking down like never before. billion transactions found that between July and September 2019, about 20 percent of accounts opened were the result of massive bot attacks , not humans. One analysis of more than 1.3 Then there’s the mobile advertising situation. billion of that.

Fraud 131

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PYMNTS

APRIL 24, 2020

noted on its social media accounts that it would be shuttering many of its branches and changing its hours of operation, and American bank JPMorgan Chase announced plans to close about 20 percent of its locations. Stay-at-home orders and social distancing protocols may increase that growth, however. British FI Nationwide U.K.

Technology 248

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PYMNTS

OCTOBER 10, 2020

For example, you’ve no doubt heard about Impossible Foods and its meatless Impossible Burger, which debuted in 2019 and made quite a splash first at Burger King, then Walmart. It’s a world of wonders, and so now there are alternate (yet delicious) options. But it gets ever better (or at least steakier). Or Steak-Umm , to be precise.

Omaha 254

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PYMNTS

DECEMBER 17, 2019

We believe demonstrating full provenance of our diamonds on the most popular social media platform will help us to further strengthen our sales base in China,” he added. The growth is slowing, to be sure — to roughly 8 percent as of the latest stats through the first several months of 2019 — but it is still significant.

blockchain 131

blockchain social media Video Retail 131

PYMNTS

OCTOBER 10, 2018

In our excitement to innovate and bring many new products into the world, we have lost the core of what made Snapchat the fastest way to communicate,” Spiegel wrote in the document, calling the update “rushed.”

Leadership 108

Leadership Capital Company Innovation 108

PYMNTS

AUGUST 24, 2019

Last year, in fact, some 80 million people bought mobile game tickets – and it is fairly certain that number will continue to increase in 2019 and into 2020. These teams are looking to mobile apps to innovate payments in a way that will revitalize purchases and the game experience. million people in 2016 to 17.2

Payments 161

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