PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion spent on TV advertising in 2019 illustrates. billion in 2019 and is projected to total $62.1 Big Data analytics reached a market valuation of $29.87

Analytics 237

Analytics Data Big Data social media 237

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. The M&A landscape has been quiet due to the pandemic, with deal making down 70 percent from 2019, with just 40 transactions.

social media 205

social media Digital Banking Groups Innovation 205

PYMNTS

JANUARY 30, 2019

Pinterest , the social media operator that is gearing up to launch an initial public offering, has tapped Goldman Sachs and JPMorgan. Reuters , citing people familiar with the matter, reported Goldman Sachs and JPMorgan were hired to lead the IPO, which is expected to come later in 2019.

social media 122

social media Tools Examples Report 122

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.

Conference 170

Conference Fintech social media Operations 170

PYMNTS

JANUARY 28, 2021

Generating the funds to pay for their operations often requires novel strategies, however, as most of these organizations can no longer hold in-person galas and other fundraising events. Social media-based campaigns are also proving to be especially useful during the health crisis.

social media 199

social media Payments Tools Report 199

PYMNTS

MAY 26, 2020

Although Libra is often called the “Facebook coin,” the social media giant isn’t involved in any decision making. Public opinion of how they see those two things interacting definitely influences the environment in which we operate, so I think it’s important,” he said. The stablecoin is overseen by a 27-member association.

blockchain 170

blockchain social media Report Operations 170

PYMNTS

APRIL 24, 2020

Shifting In-Branch Operations. 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. British FI Nationwide U.K. British FI Nationwide U.K.

Technology 248

Technology ATM Video Tools 248

PYMNTS

SEPTEMBER 17, 2020

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

Management 142

Management social media Leadership California 142

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. 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. –> Browse more Think 2019 financial services blogs.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

Insights on Business

FEBRUARY 3, 2019

Trustmark, a leading US bank with 220 branches, faced critical challenges in its commercial and consumer loan operations. Simultaneously, using IBM marketing solutions, the bank transformed its front-office operations to deliver seamless omni-channel customer experience. –> Browse more Think 2019 financial services blogs.

Customer Experience 157

Customer Experience social media Case Study Video 157

PYMNTS

MARCH 20, 2020

Malware targeting computers running the Windows 7 operating system were especially hard-hit, rising 125 percent, according to the report. Phishing attempts surged 640 percent last year alone, with hackers placing malicious URLs on domains such as Apple, Dropbox, Facebook, Google, Microsoft and PayPal, according to a recent report.

Industry 225

Industry Fraud social media Security 225

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

Digital Banking Tools social media Mobile 248

Insights on Business

JULY 17, 2019

It’s gratifying to see IBM once again positioned in the Leaders Quadrant of the 2019 Gartner Magic Quadrant for IT Risk Management, released on July 3 rd for its OpenPages with Watson solution.* Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019. Learn more at ibm.com/RegTech.

Risk Management 110

Risk Management Management Report Compliance 110

PYMNTS

FEBRUARY 6, 2020

The social media giant said it used the app as one of its market intelligence tools and that it notified users of all data collection activities. Based on Facebook’s 2019 revenue, those fines could exceed $7 billion. This information gave Facebook insider information about its competitors.

social media 131

social media Data Software Meeting 131

PYMNTS

OCTOBER 13, 2020

And, while terrorist use of cryptocurrency is still evolving, certain terrorist groups have solicited cryptocurrency donations running into the millions of dollars via online social media campaigns.”. The report relays a series of anecdotes, such as Ponzi schemes and other fraudulent methods , and points out that in 2019, over $4.5

cryptocurrency 206

cryptocurrency United States social media Regulation 206

PYMNTS

MAY 26, 2020

Tencent Executive Vice President Dowson Tong said in an interview with state media that the company also wants to put money into experimenting with blockchain, servers, big data centers, supercomputer centers, Internet of Things (IoT) operating systems, 5G networks and quantum computing. The company had a total net revenue of $15.2

social media 151

social media Big Data blockchain Online 151

PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

FEBRUARY 11, 2020

The FTC is investigating Apple, Amazon, Facebook, Alphabet and Microsoft over antitrust implications, and it recently asked the companies to turn over information regarding takeovers of smaller companies between the years of 2010 and 2019. It also wants to examine how the smaller companies operated post-acquisition.

social media 133

social media Apple Technology Company 133

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

NOVEMBER 17, 2020

This overwhelming reliance on smartphones has generated record profits for major telecommunications companies, including AT&T , Sprint and Verizon , with the industry generating $610 billion in revenue in 2019. Telecommunications companies face a number of challenges in their day-to-day operations, however.

Fraud 267

Fraud Company social media Cards 267

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Gass also noted the company expects the Amazon returns program to make a positive contribution to operating income in 2019.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

JULY 21, 2020

the parent company of Snapchat , has announced its second-quarter financial results, including an operating cash flow increase by $29 million to $67 million and an influx of 17 percent more daily active users for a total of 35 million more daily users, the company said in a press release.

social media 158

social media Video Innovation Google 158

PYMNTS

OCTOBER 23, 2020

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season.

social media 215

social media Video Retail Branding 215

PYMNTS

JANUARY 20, 2020

“While it’s unclear yet if Papyrus’ e-commerce site and wholesale business will remain in operation, the business will be conducting liquidation sales at its stores.”. The greeting card industry could bring in as much as $933 million this Valentine’s Day [2019], up a bit from last year’s estimated $894 million.”

Retail 183

Retail Millennials Cards social media 183

PYMNTS

DECEMBER 29, 2019

Entertainment has been taking on new forms as social media and tech evolve. Called Stadia , it was eventually released later in 2019, albeit to a rocky start and skepticism from those familiar with internet streaming platforms. The theater, which had been operating since 1948, closed in August.

Google 132

Google New York City eBook social media 132

PYMNTS

SEPTEMBER 30, 2020

By contrast, Big Lots registered an adjusted net loss per share of 18 cents in Q3 fiscal 2019. Our assortment remains well positioned against customer demand, our Operation North Star initiatives continue to gain traction, and early reads on Christmas are very encouraging.”. GoDaddy Unveils eCommerce Feature For Facebook, Instagram.

Retail 189

Retail social media US Marketing 189

PYMNTS

OCTOBER 10, 2018

Toys will be featured at the front of the shop, while the back will be an “experiential” area where visitors can take photos to share on social media. The company did generate operating profits — and without debt, its profitability would be easier to maintain,” Seth R.

New York City 116

New York City New York social media Retail 116

PYMNTS

MARCH 19, 2019

Welcome to three of the most ingrained challenges — “challenges” in a way that mountain ranges can pose problems for pedestrians — of the digital payments and commerce world in 2019. That means giving up any hope of some massive, on-off database transfer operation. Twitter Inspiration. And it must be easy to deploy, easy to scale.”.

System 168

System Operations Data social media 168

PYMNTS

AUGUST 24, 2019

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! – million people in 2016 to 17.2

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

NOVEMBER 13, 2020

The intellectual property (IP) of Century 21 Department Stores is up for sale, including the company’s domain name, trademarks, social media assets, shopper data and more, according to an announcement from Hilco Streambank , which focuses on the sale of IP assets. Century 21 stores announced on Sept.

United States 126

United States New York New Jersey social media 126

PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. The operation also resulted in the seizure of nearly $3.7 million.”.

Fraud 163

Fraud social media Cards Bitcoin 163

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. And any operations that they begin should be in compliance with our rules at the start.”.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

FEBRUARY 27, 2020

To be successful, restaurant operators will look to strike the perfect formula of on- and off-premises for their business as consumers strive for convenience, but continue to look to the social escape that restaurants provide. That explains why Seamless and Door Dash are investing in logistics and operational costs.

Rhode Island 151

Rhode Island National social media Arizona 151

Bank Innovation

FEBRUARY 6, 2019

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8 billion), Chinese banks comprised the top four banks on the consultancy’s […].

Branding 170

Branding Industry social media Operations 170

PYMNTS

NOVEMBER 4, 2020

Tribune Publishing , which operates about 10 news outlets including the Chicago Tribune , reported a 293 percent spike in digital subscriptions between February and March. The news organization reported that revenues for digital subscriptions increased by nearly 30 percent during Q2 to $146 million compared to the same period in 2019.

New York 183

New York social media Survey Chicago 183

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM. Register here to secure the lowest possible rate!

Innovation 170

Innovation Seattle Fintech Security 170

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