PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

FEBRUARY 27, 2019

Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them. “Most small businesses operating in South Africa today are relatively new, and emerged post-apartheid.”

Technology 190

Technology Industry Innovation Big Data 190

PYMNTS

AUGUST 4, 2020

Financial institutions (FIs) plan to spend 15 percent more protecting their computer networks in 2020 than they spent in 2019, according to a report based on the results of a survey conducted by Deloitte & Touche LLP and the Financial Services Information Sharing and Analysis Center.

Survey 265

Survey Security Analysis America 265

PYMNTS

MAY 19, 2020

Voice assistant technology already had an audience even before the coronavirus outbreak gave it a big boost, as it has now radically reshaped consumer habits and preferences on a global scale. Other common uses included making phone calls, managing schedules and running a person’s smart home technology. Chatting More Often With AI.

Technology 205

Technology Millennials Retail Report 205

PYMNTS

OCTOBER 30, 2020

FIs were fined more than $17 billion in penalties between 2009 and 2019 for improper AML procedures, for example, including major players like Commonwealth Bank of Australia, Deutsche Bank and Goldman Sachs.

Operations 228

Operations Payments Compliance System 228

PYMNTS

OCTOBER 1, 2020

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. In July 2019, the companies were making the second of 20 of them in Florida. Although Ocado only claims 1.7

Online 234

Online Florida Retail Course 234

PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”. Loadsmart’s financial adviser on the deal was Goldman Sachs, while Paul Hastings handled the legal work.

Capital 253

Capital Online Industry Strategy 253

Perficient

JULY 12, 2022

With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. The connection between technology and consumers in financial services has never been more relevant.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

SEPTEMBER 29, 2020

The company launched in 2019 and had a seed round then for $2.7 The company was formed by CEO Francis Plaza , Chief Operating Officer Edwin Lacierda , Chief Technology Officer Jaimie Hing and Chief Growth Officer Luis Sia. With the new funding, PayMongo now has a total value of $15 million.

Payments 300

Payments Capital Online Meeting 300

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

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. Across the Intelligence of Things (IoT) Space. About The Tracker

blockchain 249

blockchain Maine Security Data 249

PYMNTS

AUGUST 14, 2020

These requirements can inspire companies to switch from manual operations to digital ones that utilize cloud systems that employees can access anywhere. Companies can leverage offerings that use AI-powered technology to quickly learn to parse relevant details from scanned or emailed invoices and code that data according to internal policies.

Study 265

Study Tools Survey Payments 265

PYMNTS

JULY 5, 2020

the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. and Europe. Bloomberg reported.

Google 264

Google Regional Retail Groups 264

PYMNTS

DECEMBER 21, 2020

New developments from fast-casual behemoth Chipotle Mexican Grill illustrate the increasingly digital nature of QSRs’ operations. It recently opened its first digital-only location after reporting that its digital sales grew by 203 percent in Q3 compared to the same period in 2019. To get the full story, download the Tracker.

Customer Experience 301

Customer Experience Innovation United States Survey 301

PYMNTS

APRIL 13, 2020

As a globally recognized leader in B2B product innovation, WEX sets a standard in the industry with their market-leading technology capabilities, agility in the marketplace and people-first culture,” said Aquilina. “I In addition, Dylan Jones will move from payments strategy operations leader to VP of operations.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience.

Payments 250

Payments blockchain User Experience National 250

PYMNTS

NOVEMBER 25, 2020

billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S.

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

JUNE 24, 2020

“Businesses that recognize the value of modernizing their AP processes must still determine how best to acquire and implement these solutions,” according to the June 2020 Next-Gen AP Automation Tracker® done in collaboration with Bottomline Technologies. The Last Days of Paper? Invoice processing is expensive on paper. Businesses took 8.6

Operations 238

Operations Fintech Security Technology 238

PYMNTS

NOVEMBER 24, 2019

As a result, its eCommerce platform is able to deliver fast, error-free maintenance, repair and operations (MRO) at significantly lower costs. Since announcing our Series A round of financing in January 2019, we have signed several major customers and are expanding to meet their needs across the globe.

Capital 231

Capital United States Analytics America 231

Perficient

NOVEMBER 17, 2020

Many banks have leveraged digital technologies like cloud computing, robotic process automation, artificial intelligence, and chatbots in response to Covid-19. Some of these solutions were set up in a matter of days, providing immediate results to drive operations forward. Mobile end-to-end account opening is one of those areas.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

DECEMBER 31, 2020

billion in 2019. As if things weren't tough enough for theater operators, COVID-19 coincides with a wave of improvements in streaming technologies and household access to high-speed internet. According to Comscore data cited by CNBC, theater-goers in the United States spent $2.28 billion on tickets in 2020, compared with $11.4

Report 268

Report United States Industry Operations 268

PYMNTS

FEBRUARY 7, 2020

The National Payments Corporation of India (NPCI) provided the firm with permission to put WhatsApp Pay into operation in a phased manner, The Business Standard reported. . Increased adoption of mobile technology has set the stage for digital payment adoption, as has India’s broadly publicized demonetization efforts.

Mobile 267

Mobile Compliance Payments National 267

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230

Retail Cards Payments New York 230

PYMNTS

OCTOBER 5, 2020

99 is owned by China-based Didi Chuxing Technology , Reuters reported. Livia Pozzi, operations manager for 99, said the partnership will "allow access to the service for a larger universe of people who will no longer need to download our app to order their rides," according to Reuters. Both companies are backed by SoftBank.

Mobile 243

Mobile Report Marketing System 243

PYMNTS

OCTOBER 14, 2019

Payroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month. The capability, which will go live early next year, will operate on an unnamed real-time payment network rail, Paychex noted.

Payments 191

Payments Strategy Conference Analytics 191

Abrigo

JUNE 14, 2021

In 2019, OFAC issued new guidance on the essential components of a strong OFAC compliance program. It is the organization’s responsibility to enhance its program, including all program-related software, systems, and other technology. origin goods, technology, or services to OFAC sanctioned persons or countries Utilizing the U.S.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

JULY 14, 2020

The service, built with the technology American Express acquired with its purchase of acompay in 2019, will aim to help businesses process supplier payments in a more efficient, modern digital way, working seamlessly with the systems they already have in place, according to the release.

Payments 254

Payments System Survey Cards 254

PYMNTS

OCTOBER 2, 2020

Credit and debit card fraud increased in April 2019 and April 2020, in fact, as fraudsters take advantage of the crisis for personal gain. This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. The global tokenization market is even expected to reach $6.8 percent over the next seven years.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

MAY 8, 2019

We felt that marketplaces would become the dominant business model,” in large part, because such operations constructed “a network effect that created critical mass” for the products and sellers. The new goal for the two entrepreneurs? Marketplace Concept. Let’s pause for a minute and dig deeper into the concept of online marketplaces.

Retail 211

Retail Branding Online Operations 211

PYMNTS

DECEMBER 10, 2020

We immediately contained the suspicious activity and the business is operating normally. TSYS declined to tell Krebs whether it had paid any ransom, though according to Fabian Wosar , chief technology officer at computer security firm Emsisoft , Conti usually only publishes data online from companies that refused to pay.

Online 226

Online Data Columbus Cards 226

PYMNTS

SEPTEMBER 12, 2019

Delivery Unlimited is the next step in that journey,” Tom Ward, senior vice president, digital operations, Walmart U.S., The company said in the announcement that the service will be available in over 1,600 stores and over 50 percent of the country by the close of 2019. said in the announcement. “By

Tampa 249

Tampa Houston Miami Metro 249

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

FEBRUARY 21, 2019

Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 The firm expects full-year operating revenues for 2019 to hit a 10 percent year-over-year increase to between $1.114 billion and $1.134 billion.

Taxes 188

Taxes User Experience Cards Operations 188

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

FEBRUARY 24, 2019

According to a report in OracleTimes , Mercury FX chief executive Alastair Constance said during the Ripple Regionals 2019, a company event held in London, that it will use xRapid for payments from the U.K. Earlier this month SendFriend , which operates in the cross-border payments market, announced it raised $1.7

blockchain 203

blockchain Regional Report Payments 203

PYMNTS

JANUARY 27, 2021

These are the hoops all QSRs and fast-casual operators must now leap through as they begin to cement their post-pandemic market positioning for the trends yet to come. A recent survey found that 68 percent of restaurateurs planned to boost their spending on innovative technologies in the next few years.

Branding 265

Branding Meeting Examples Training 265

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