Bank Innovation

OCTOBER 5, 2016

Earlier this week, it was announced that both Apple Pay and Masterpass are now integrated into MTA’s eTix, meaning that the millions who use the MTA trains to get into and out of New York City every day can purchase tickets digitally. The announcement was made yesterday and changes went into effect today. Masterpass Read More.

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PYMNTS

SEPTEMBER 18, 2020

This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added.

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PYMNTS

JUNE 16, 2020

Tuesday (June 16) is marking a bit of a one-two punch on the Continent for Apple. The European Union announced that it is opening not one but two antitrust investigations into the tech giant, focusing on the company’s App Store and Apple Pay. “It It also reserves the ‘tap and go’ functionality of iPhones to Apple Pay.

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PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. We know that innovation is powered by the most talented people, and we welcome Trish’s wealth of payment experience.

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Bank Innovation

MARCH 24, 2017

It’s worked for Apple, Amazon, Facebook, and WeChat so far. In fact, Starbucks is planning to keep up the momentum of its WeChat gifting feature — introduced in February — launching a social gifting feature for Apple’s iMessage. Why build your own network for your IoT products, when you could just partner with Starbucks?

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PYMNTS

FEBRUARY 13, 2020

Apple is updating its augmented reality (AR) Quick Look feature to enable merchants to sell its products in-app for an instant AR experience, according to reports on Thursday (Feb. The retailer provides the 3D model and Apple uses ARKit – handling everything from scaling to lighting – to display it as it should look.

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PYMNTS

APRIL 13, 2020

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. A few innovators do come forward with good ideas, but often the environment can’t support them past the short term. While it may take years, these good, innovative ideas often resurface when the time is right.

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Bank Innovation

AUGUST 2, 2017

Apple Pay usage continues to grow on a global scale, but not so much when it comes to the U.S. The technology company’s mobile wallet remains the most popular choice for global consumers, responsible for about 90% of all NFC transactions, according to the company’s earnings call yesterday.

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Perficient

OCTOBER 26, 2020

Part of Apple’s iPhone 12 family announcement included a big push around 5G capabilities and the promise of a better life, all because users will be able to do things faster than they did before. Apple (and others) are calling 5G a “game-changer” but is it? Digital Product Development Innovation Possibilities with 5G.

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PYMNTS

APRIL 10, 2020

Apple and Google are collaborating on a new technology to track the spread of the coronavirus by using Bluetooth. As reported by Reuters , the new technology could be available as early as mid-May for iPhone and Android devices. The announcement by the California-based tech giants on Friday (April 10) came as the U.S.

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PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Those conversations have largely ignored the Biggest Tech company of all, Apple, and Apple Pay. consumers showed that of the 7.75

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Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. For one, […].

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PYMNTS

APRIL 23, 2019

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. but Apple has made itself indispensable across many verticals. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer. A New Normal?

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Bank Innovation

MARCH 21, 2018

Startup Affirm is embedding its technology into the Apple ecosystem, allowing customers to load the company’s virtual card into Apple Pay, the startup announced today. The integration will also allow customers to use “Affirm InStore” to finance purchases at physical merchant locations, Affirm said.

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PYMNTS

JANUARY 11, 2021

Hyundai Motor and Apple are set to make a new agreement on electric cars by March, Reuters writes, citing local newspaper Korea IT News. The report follows a statement from last week where Hyundai Motor said it was in early talks with Apple, after a local media outlet had reported that the two were aiming at 2027 for a launch of the car.

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Chris Skinner

MARCH 31, 2019

We all got hugely excited about Apple launching a credit card with Goldman Sachs and Mastercard last week. Whoopy-doo! This was a major lift for Mastercard in particular.

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PYMNTS

DECEMBER 18, 2018

New technology continues to change the way consumers order and pay for quick-service restaurant (QSR) food: Kiosks and online ordering, among other experiences, let consumers ditch the counter for faster and higher-tech alternatives. Not all digital innovations are perceived by consumers the same way, however. out of 100. out of 100.

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PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

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PYMNTS

APRIL 1, 2019

Three years ago, I wrote a piece in which I said Apple had become the kind of company that Steve Jobs once said he never wanted it to be: one that follows the lead of others. Jobs felt so strongly that he said he’d rather gamble Apple’s future instead of trying to one-up everyone else after the fact. Copycatting in Cupertino.

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South State Correspondent

JUNE 22, 2022

Every bank wants to be “innovative,” but the truth is innovation is difficult. Add to that a bank’s resource constraints, compliance demands, budget goals, legacy IT infrastructure and talent gaps, and innovation for a bank is extremely difficult. The Problem of Bank Innovation. Framing Innovation.

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Accenture

OCTOBER 14, 2024

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets. appeared first on Accenture Banking Blog.

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PYMNTS

JULY 23, 2020

Texas Attorney General Ken Paxton is leading a multi-state probe against Apple Inc. Axios reported the investigation is examining Apple’s possible use of deceptive trade practices that may have broken consumer protection laws. While details of the inquiry are unclear, the probe may lead to the latest lawsuit against Apple.

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PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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PYMNTS

APRIL 3, 2019

According to a report in Reuters , Goldman Sachs is looking to hire engineers to join a digital innovation program. As Goldman Sachs pushes further into the consumer marketplace, it has been embracing digital technologies. The engineers would receive $100,000 in compensation along with access to Goldman Sachs’ API.

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PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

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PYMNTS

JANUARY 21, 2019

If recent patent applications are any indication, Apple could very well have some groundbreaking new products to debut. Apple also patented something that’s never been seen before: an all-glass phone. The new design is completely different than anything Apple has ever done, including iPads and Apple Watches.

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PYMNTS

SEPTEMBER 30, 2019

It may not be that easy for Apple , a tech giant that seems to have missed one of the most important anchors of connected commerce – the home – along with trendlines that suggest the smartphone is slowly becoming less central to the consumer and the commerce experience. Apple is investing heavily to make sure they stay on that list.

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Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

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PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Innovating for Community Banks. Community banking is no exception.

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PYMNTS

FEBRUARY 14, 2020

A new Apple patent application outlines the way a truly independent smart home would function. According to Apple, the challenges of configuring a smart home are a myriad, such as getting the different brands of various items to all work together.

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PYMNTS

APRIL 23, 2019

In the digital age of hospitality technology, restaurants have a trove of tools to help serve customers in their stores. Innovations run the gamut from promo codes to coupons and quick-response (QR) scans in addition to other features such as delivery tracking. percent — innovated to remain competitive.

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PYMNTS

NOVEMBER 12, 2018

Find out how retailers are enabling purchases in stores as well as through apps, smart speakers and smart watches with new and innovative payment methods: A little more than eight in 10 — or 81 percent — of consumers travel to a store to make a purchase. One of the retailers to tap into this technology?

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PYMNTS

JULY 29, 2020

and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift. And then there are the unscripted moments.

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Bank Innovation

AUGUST 23, 2017

This is according to Steve Herbert, CEO and Chairman for USA Technologies during the company’s most recent quarterly earnings, reported yesterday. USA Technologies, a payments company, has a market capitalization of […].

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PYMNTS

OCTOBER 14, 2020

Apple is hoping its new 5G iPhones will help it bridge a gap in sales in China, where it has been beaten out by rivals like Huawei, The Wall Street Journal (WSJ) reports. But in China, the phone wasn't seen on display at an Apple store in Shanghai. On Tuesday (Oct. in recent years.

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PYMNTS

OCTOBER 21, 2020

T-Mobile said it will look to provide investment backing for companies developing new technologies and products in four different areas, including security, “edge compute,” the future of work and industrial IoT.

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PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. We know that innovation is powered by the most talented people, and we welcome Trish’s wealth of payment experience.

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