PYMNTS

OCTOBER 17, 2018

They are innovating to meet consumer demand for new payment methods , and to improve customer convenience through technologies such as kiosks. Data: $150 billion: The amount that the American Gaming Association said U.S. 56 percent: The percentage of retailers that say they innovate to meet consumer demand for new payment methods.

Innovation 144

Innovation Retail Data Meeting 144

Perficient

FEBRUARY 10, 2021

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294

Software Innovation Company America 294

Perficient

SEPTEMBER 26, 2022

Roaming the convention floor, I found several exciting paths the industry is headed down and how it aligns with our view of digital modernization: Data is everywhere. Data and analytics remain key investment areas for insurance operations. Embedded Insurance is a rapidly evolving distribution channel.

Data 275

Data Conference Analytics Industry 275

Perficient

JULY 2, 2024

“We’re honored to be recognized as a Major Player in this IDC MarketScape Report, a distinction we believe highlights our holistic approach to cloud strategy and our implementation expertise,” said Glenn Kline, Perficient’s Area Vice President of Product Development Operations. “We What Does This Mean for Our Clients?

Strategy 251

Strategy Operations Innovation Technology 251

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

PYMNTS

DECEMBER 16, 2020

The payroll industry has undergone an immense amount of FinTech innovation in recent years. The digitization of payroll data has the potential to optimize existing workflows and promote the development of new ones, with the Paycheck Protection Program (PPP) just one example of the value of such data.

Data 291

Data Lending Innovation Fintech 291

Accenture

MAY 14, 2019

In the first of a four-part series, our team of guest bloggers will share how getting to simplified, future-ready bank operations may be more easily imagined. . However, banks are unable to support this if they do not modernize their operations. 1 So, how do banks get to simplified, future-ready bank operations?

Operations 231

Operations System America Strategy 231

Perficient

JANUARY 28, 2021

Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person? These six areas of data privacy and security below should be at the top of your list to secure and protect yourself and your family. (We Let’s get started!

Data 535

Data Security Software Community 535

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. It is an open banking platform on one level and it also is a data management platform for consumers on another.

Data 293

Data Innovation Big Data Marketing Strategies 293

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Paynetics, Unionpay International Collaborate For Business Cards.

Cards 286

Cards Innovation Management Payments 286

Perficient

JULY 18, 2024

A Modernized Wealth Management Platform We started by designing and implementing a real-time data fabric and API architecture that connects more than 50 proprietary and third-party applications. Next, we migrated data to a new AWS-hosted client reference database powered by Apache Glue and DynamoDB.

Management 221

Management Data Customer Experience Innovation 221

PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 191

Innovation Data Fintech Exercises 191

Perficient

MAY 12, 2023

enables companies, governments, and public sector agencies to use innovative digital technologies, smart automation, and advanced analytics to transform operating processes. is powered by pervasive connectivity, cloud computing, and enriched data. Digitalization and Innovation Accelerating Industry 4.0 is starting.

Management 275

Management Industry Innovation Operations 275

PYMNTS

FEBRUARY 14, 2020

In digital innovation, vertical farm operators are driving a technology revolution with artificial intelligence as well as data. All this, Today in Data. Data: 81 percent: Share of Gen Z consumers who prefer to shop in stores. 73 percent: Portion of Gen Z consumers who like to discover new products in stores.

Innovation 140

Innovation Data Retail Operations 140

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. Furthermore, human-driven payroll operations mean businesses can struggle if their in-house payroll experts are sick, on leave or exit a company.

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Data 219

Data Technology Operations Innovation 219

Cisco

APRIL 26, 2022

The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. Those opportunities will rely on data and analytics for real-time decision making. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey.

Big Data 139

Big Data Data Analytics Examples 139

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.

Innovation 291

Innovation Payments cryptocurrency Cards 291

PYMNTS

MAY 1, 2019

Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. Yet these firms were considerably more likely to embrace innovation. Additionally, a significant share of invoices (43.8 percent) arrive via snail mail. A significant share of firms, 71.1

Innovation 202

Innovation Survey Operations Report 202

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 127

Operations Policies System Regulation 127

PYMNTS

OCTOBER 14, 2019

Complex regulatory demands, for instance, are a major headache, leaving supply chains at risk for noncompliance when operating with suppliers and business partners in new markets — often with unfamiliar compliance requirements. ” Data Evolution. There has certainly been progress made in the data-sharing arena.

Data 134

Data Innovation Analysis Risk Management 134

Bank Innovation

JANUARY 23, 2019

Operant Founder and CEO Allan Fisch said at a meetup yesterday at Bank Innovation’s headquarters in New York that a consortium would allow the FIs to contribute anonymized data on the performance of their third-party […]. Toronto-based fintech Operant.AI

Operations 170

Operations New York Fintech Data 170

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

OCTOBER 1, 2020

In merchant innovation, many retailers are in the middle of a journey to digitize operations and bolster sales. All this, Today in Data. Data: 500K: Approximate number of packages that Spiceology employees will pack during the month of October. 100M: Minimum number of U.S.

Innovation 131

Innovation Retail Data Online 131

PYMNTS

MAY 9, 2019

In today’s digital economy, with shopping as easy as the tap of a finger on a smartphone screen, brick-and-mortar retail businesses have no choice but to innovate to keep and grow their clientele. At the same time, many consumer services firms recognize the value that specific technological applications can bring to their operations.

Innovation 197

Innovation Retail Survey Technology 197

PYMNTS

DECEMBER 9, 2020

FIS and Worldpay combined in mid-2019, Fiserv and First Data combined shortly thereafter and Worldline SA purchased Ingenico earlier this year. What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained.

Innovation 306

Innovation Fintech Payments Regulation 306

Perficient

AUGUST 4, 2024

Microsoft’s Azure Integration Services , a suite of tools designed to seamlessly connect applications, data, and processes, is emerging as a game-changer for the financial services industry. This connectivity enhances interoperability, allowing for streamlined operations and improved data flow across various platforms.

Industry 467

Industry Compliance Examples Risk Management 467

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. ” Like consumers, small and medium-sized businesses (SMBs) and corporates present a strong market for financial management apps.

Innovation 208

Innovation Data Fintech Lending 208

South State Correspondent

MAY 31, 2023

In this article, we look at cell phone tracking data for about 1,000 branches across the industry to derive insights to help banks increase branch engagement and boost branch profitability. The operative question is: given online and mobile banking, what is the new role of the branch?

Data 195

Data Branch Strategies Strategy Mobile 195

PYMNTS

JULY 18, 2019

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. But the opportunity is real.

Innovation 124

Innovation Data Cards Maine 124

Perficient

OCTOBER 1, 2024

The surge is driven by four main use cases: Intelligent process automation Anomaly and error detection Analytics Operational assistance and augmentation (generative AI) Finance departments deal with numbers, codes, and rules daily. However, they’ll need the right people to drive these initiatives and extract key insights.

Survey 221

Survey Data Analytics Maine 221

PYMNTS

FEBRUARY 3, 2020

And in retail innovation, Indonesia’s Blibli.com has opened a cashierless brick-and-mortar store location for its BlibliMart brand. All this, Today in Data. Data: 10K: Maximum number of scooters that would be permitted in 2020 with D.C.’s s program for dockless electric vehicle operators. 2017: The year D.C

Innovation 141

Innovation Washington Data Branding 141

PYMNTS

OCTOBER 7, 2019

Digital platforms are driving innovation in the health and wellness space. In other digital innovation news, Amazon is growing its 4-star store footprint , showcasing items rated four stars or higher by online shoppers. All this, Today in Data. 815: Number of stores Forever 21 operated at the time it declared bankruptcy.

Innovation 102

Innovation Data Operations Retail 102

Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. ” And, while AI itself doesn’t inherently produce bias, models trained on biased data can exacerbate certain prejudices in decision-making processes.

Technology 221

Technology Report social media Industry 221

Accenture

JULY 9, 2019

Data has become the latest talk of the town with its potential to influence the decision-making framework in any firm. No matter which industry you are in, the new winners are the ones who can innovate and create value using a data-driven approach. Embracing data minimization.

Data 231

Data Google Strategy Examples 231

PYMNTS

JULY 27, 2020

And in retail, digital innovation is mitigating COVID-19 impacts for dining establishments, while Walmart and Amazon are competing for holiday spending. All this, Today in Data. Data: 700K: Approximate number of Alexa developers, per several estimates. 109%: Rise in volume of online orders placed with U.S.

Operations 130

Operations Retail Online Data 130

PYMNTS

AUGUST 4, 2020

And in small business, a sizable share of SMBs have tapped their personal financial lifelines, including credit cards, to keep their companies operational. All this, Today in Data. 35%: Share of SMBs that have used personal funds to finance operations during the pandemic. 10.4B: Minimum amount of reserves J.P.

social media 160

social media Innovation Community Data 160