PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: 46 percent of SMBs experienced an increase in demand for their products or services. Key Data Points: It takes only 78.5

Data 277

Data Innovation Payments Millennials 277

PYMNTS

FEBRUARY 21, 2020

The Financial Crimes Enforcement Network (FinCEN) has announced Michael Mosier as its new digital innovation officer and deputy director. Mosier succeeds Jamal El-Hindi, who will serve as the interim chief data officer (CDO) for the Department of the Treasury.

Innovation 250

Innovation National United States Leadership 250

PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

User Experience 253

User Experience Security Payments Compliance 253

PYMNTS

JANUARY 27, 2021

Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. Lackluster customer onboarding authentication is one of the weakest points in most banks’ anti-fraud security systems. How Authentication Prevents Fraud.

Security 213

Security Innovation Fraud Study 213

Perficient

JULY 31, 2020

One of the things that the COVID-19 pandemic has taught us is the value of data. If you’re like me, you’ll open your trusted data source and check what the COVID-19 count is across different parts of the world. Our world in Data (.gov). The Value of Data Through COVID-19. Let me explain!

Data 354

Data Analytics Strategy social media 354

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. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Data 293

Data Innovation Big Data Marketing Strategies 293

Perficient

OCTOBER 15, 2024

Lets talk about data governance in banking and financial services, one area I have loved working in and in various areas of it … where data isn’t just data, numbers aren’t just numbers … They’re sacred artifacts that need to be protected, documented, and, of course, regulated within an inch of their lives.

Tools 221

Tools Data Compliance Regulation 221

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

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.

Cards 286

Cards Innovation Management Payments 286

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. with ease, control and security.”. This also makes data security critical, though, because banks must protect growing volumes of personal information.

Innovation 245

Innovation Regulation Digital Banking Security 245

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

JANUARY 14, 2021

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Open banking , which is used across numerous countries, facilitates the connections and permissions between users’ banking data and third-party financial platforms.

Innovation 225

Innovation Policies User Experience Security 225

Perficient

SEPTEMBER 9, 2020

Self-Service for data is not a new concept. Even in the early 2000’s companies have struggled with giving “power users” or “information workers” access to data to develop value-based insights. The data extracts where indexed like a table of contents with descriptions made data easy to locate. A Different Mindset.

Analytics 309

Analytics Data Tools Resources 309

PYMNTS

DECEMBER 18, 2020

18) that it has signed a data access agreement with Brex , a company that provides financial services that help scale early-stage businesses. According to Finicity, the move extends its leadership in providing direct data access through the use of APIs to the FinTech category.

Data 242

Data Leadership Innovation Fintech 242

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. The Challenges Of Multi-Channel Payment Innovation. 1: Security. For many firms, with legacy infrastructure that has been in place for decades, scale becomes difficult.

Innovation 228

Innovation Payments System Security 228

Perficient

FEBRUARY 22, 2023

Banks are using AI to analyze large amounts of data, make predictions, and automate complex processes. Blockchain technology is being used to create secure, decentralized ledger systems that can store and transfer data in a transparent and secure manner. We’re observing the banking industry’s growing use of RPA.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. Getting the European Union on the path to 3D Secure 2.0

Security 233

Security New York Atlanta Fraud 233

Bank Innovation

FEBRUARY 24, 2020

Fidelity spun off its data-aggregation business, Akoya, into its own company last week, giving financial institutions another tool to securely share customer data with third-party financial apps. Akoya will be […].

Data 259

Data Tools Security Company 259

Jack Henry

JANUARY 7, 2025

Uncover how to copy data efficiently to save time and costs with your data conversion! Discover innovative data copy solutions for financial institutions.

Data 167

Data How To Innovation Security 167

PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

FEBRUARY 5, 2020

As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. Then, there are the huge data breaches that just keep happening, increasingly to companies with high levels of consumer trust.

Google 288

Google Data Regulation social media 288

Perficient

FEBRUARY 10, 2021

New features are very difficult to deploy, patching is near impossible and is leading to downtime, and security and compliance standards are becoming harder and harder to meet. You’ve looked at it from every angle you can and there’s no way around it. You need to modernize your application and move it to the cloud. How We Can Help You.

Management 547

Management Operations Innovation Security 547

Bank Innovation

FEBRUARY 26, 2020

While data aggregators and bankers participating in the forum agreed on the principle that consumers should have the right […]. on Wednesday.

Data 300

Data Washington Industry Customer Experience 300

PYMNTS

MARCH 24, 2020

They are places where we can put applications and connect devices,” Eva Apesteguia, director of security services customer strategy at Allot , told PYMNTS in a recent conversation. Because in a world with an increasing number of device types connecting to consumer home networks, those networks need securing now more than ever.

Security 249

Security Maine System Strategy 249

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. The trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations. “If Ready for Digital Currencies? .

Data 317

Data Regulation National Examples 317

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. Either way, firms that do not comply with these industry standards risk leaving their customers’ data exposed.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JULY 10, 2020

Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. According to Muller, data is often at the heart of this issue. “It’s a bit of an inverted model,” he said.

Innovation 210

Innovation Payments Tools Compliance 210

Perficient

JUNE 5, 2020

Google Cloud will now be the preferred cloud platform for HCL Commerce, taking advantage of the global reach, security, and elasticity of Google Cloud. Does Google own the data in these deployments? It is natural for businesses to be concerned with the terms under which data in cloud deployments are governed. What about privacy?

Google 540

Google Software Data Technology 540

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations. “We

Innovation 348

Innovation Payments Compliance Data 348

Abrigo

OCTOBER 22, 2024

Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back. They protect the economic foundation that people and small businesses rely on.

Security 221

Security Fraud Community National 221

PYMNTS

JULY 10, 2020

As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML. The end goal: to speed innovation toward new products and services while keeping fraudsters out. Protecting Consumer Data.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

JANUARY 18, 2021

Looking ahead to 2021, I believe that secure digital transformation will remain a priority globally as individuals, businesses and economies begin to bounce back from the events that have so challenged us all in 2020. Challenges And Opportunities Ahead In 2021. 2021 is likely to be the year when omnicommerce moves from hype to reality.

Innovation 205

Innovation Payments Retail America 205

PYMNTS

FEBRUARY 5, 2020

AvidXchange’s goal is to have 100 percent ePayment adoption with “payments delivered on time, securely and with discrete data.” That trend didn’t come to fruition with deals such as FleetCor’s acquisition of Nvoicepay and Fiserv’s purchase of First Data.

Fintech 238

Fintech Innovation Payments blockchain 238

PYMNTS

AUGUST 13, 2020

When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S.

Rhode Island 346

Rhode Island Google Payments Florida 346

Bank Innovation

JANUARY 16, 2020

MUFG Union Bank is on track to move to a cloud core banking infrastructure system within two years, an initiative that will let the bank build and release new products more quickly, the company told Bank Innovation this week.

Innovation 259

Innovation System Security Data 259

PYMNTS

FEBRUARY 24, 2020

The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area. Those innovations have illumination that there is value here beyond a great light,” said Karner.

Innovation 221

Innovation US Data Examples 221

PYMNTS

DECEMBER 22, 2020

PYMNTS data shows that 39 percent of companies have moved away from manual O2C processes and toward digital ones since the start of the crisis, for example. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. Around The Global B2B Payments World.

Innovation 237

Innovation Cards Payments Study 237