PYMNTS

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. ” That global reach also had the CU prioritizing global payments innovation from the get-go. As the U.S.

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

APRIL 24, 2020

As Thorness explained, their embrace of ACH processing technologies is likely to have far-reaching impacts into how they send and receive payments with government suppliers, too, particularly as ACH innovation accelerates. ” Accelerating ACH Innovation. “That’s where the complexity and challenge comes.

Innovation 161

Innovation Payments System Data 161

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

APRIL 7, 2020

In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The online personal finance firm will pay total purchase consideration of $1.2 billion composed of shares and cash, according to an announcement. I think it’s very powerful.”.

Financial Technology 151

Financial Technology Technology Innovation Fintech 151

PYMNTS

OCTOBER 18, 2017

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

Innovation 140

Innovation Compliance Strategy Community Bank 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. A Higher Technological Standard. “Technology and apps are the way forward.” “Technology and apps are the way forward.”

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

SEPTEMBER 23, 2019

Open banking is incentivizing banks to open up data in ways to promote product innovation and industry competition, but financial institutions stand to gain significantly from leveraging the data they hold. Empowerment Through Data. On average, an organization will manage 300 APIs.

Payments 122

Payments Fraud Strategy Security 122

PYMNTS

JANUARY 22, 2019

To capture this spending, grocers are driving innovation through their brick-and-mortar stores with delivery and pickup efforts (among other initiatives). The retailer was said to be teaming up with Takeoff Technologies for a trial partnership to assemble product baskets for delivery orders. Almost one in 10 — or 7.8

Innovation 149

Innovation Ohio United States Survey 149

PYMNTS

SEPTEMBER 18, 2020

consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability of lower-cost smartphones and wireless broadband, the ongoing adoption of eCommerce and the move on the part of many countries to innovative their national payments infrastructure.

Marketing 253

Marketing National Innovation Payments 253

PYMNTS

MARCH 13, 2020

Pilot offers business clients — including eCommerce companies and technology startups — bookkeeping, corporate payment and tax services, he added. They carry their payment innovation expectations into the business world. “If Providers should consider innovations that fulfill those requirements.

Millennials 160

Millennials Taxes Innovation Operations 160

Bank Innovation

JUNE 28, 2017

We are looking at it, a lot of customers have been interested and are requesting the feature [like this reedit user], so it’s definitely something we are taking a look at,” he said today during the Future of […].

Operations 268

Operations cryptocurrency Technology Fintech 268

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. That’s not the only way innovation with cameras can help retailers. Some of the latest developments provide evidence to support that trend. Take security cameras for starters. “We

Retail 118

Retail Innovation Video Data 118

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 142

Technology Regional Community Bank Community 142

PYMNTS

OCTOBER 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Reducing ‘Technology Debt’. Here’s why. .

Payments 316

Payments System Technology US 316

PYMNTS

MARCH 11, 2020

Systems fitting our definition must have current business applications and be able to work with and learn from dynamic data sets in real time, and these capabilities must be able to associate with specific entities within a system.”. percent of those with assets between $25 billion and $100 billion utilizing the technology.

System 247

System Technology Report Data 247

PYMNTS

SEPTEMBER 28, 2016

Rudolf Booker , CEO and founder of Payvision , joined PYMNTS for the latest segment in the Commander in Chief series to explain why sparking innovation in payments may mean looking outside the payments industry itself to bring about real and lasting change. PYMNTS: Define your company’s approach to innovation. RB: Just do it!

Innovation 100

Innovation Payments Industry Customer Experience 100

PYMNTS

MAY 3, 2018

From mom-and-pop retail shops to the world’s largest companies, nearly every business is looking to offer the latest technology to its consumers. For many in the financial services world, though, implementing innovations is easier said than done.

System 187

System Innovation Technology Payments 187

Bank Innovation

JULY 14, 2017

Chris Fortunato, principal at KEC Ventures, named compliance and insurance as two of his biggest current focuses during Bank Innovation’s “For the Love of Fintech” meetup yesterday. We’re definitely very interested in compliance. It’s just a very good […].

Compliance 223

Compliance Fintech Capital Online 223

Bank Innovation

MAY 24, 2017

Insurance has definitely been in the fintech spotlight, with startups like Lemonade and Ladder striving to make a traditionally painful experience as seamless as possible.

blockchain 231

blockchain Fintech Industry Technology 231

PYMNTS

NOVEMBER 17, 2020

That’s one of the takeaways from a recent PYMNTS panel discussion with Visa ’s Director of Global Chip Product Tom Rapkoch , Keyno CEO Robert Steinman and Assistant Vice President of Digital Strategy and Innovation at Michigan State University Federal Credit Union Ben Maxim. We think that [is] definitely going to be at play here.

Fraud 316

Fraud Michigan Security Cards 316

PYMNTS

APRIL 7, 2020

The biggest challenge we see B2B payments experiencing is in the traceability of the transactions, which definitely affects a company’s cash flow,” Arbabi said. But trust can also be created by innovating new solutions that quickly solve a problem and meet a need of a business or customer,” Arabi said. That is a powerful offering.

Data 209

Data Innovation Fintech Payments 209

PYMNTS

AUGUST 3, 2020

The panel — Ondot CEO Vaduvur “VB” Bharghavan ; Doug Brown , senior vice president and general manager of digital banking at NCR ; PSCU CEO Chuck Fagan ; and Scott Zimmer , executive vice president, innovation and experience design officer and head of venture investing at Truist — said that’s hard to answer. That’s a 2.75

Apple 269

Apple Mobile Innovation Fintech 269

PYMNTS

DECEMBER 11, 2020

If one suddenly finds that digital technology means they can easily and reliably get groceries or items from a favorite merchant delivered, why stop doing that? Herron said that means retail needs to catch up and start rethinking a model that is “definitely broken right now” when it comes to shopping in a physical store.

Retail 273

Retail Meeting Customer Experience Online 273

PYMNTS

FEBRUARY 24, 2017

Blockchain technology keeps a high level of detail in its records of all financial transactions made. The hope here is that this type of technology will lessen the chances of the distribution of misinformation or manipulated information. As with any technology, there are certain strengths and weaknesses.

blockchain 184

blockchain Industry Technology Security 184

PYMNTS

JANUARY 9, 2021

At PYMNTS, we’ve long bemoaned that with all the technological advances making machines better at tasks we don’t really want to do ourselves, we still don’t have robot butlers to call our own. In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? Yes, we do.

Boston 251

Boston Video Louisiana America 251

PYMNTS

SEPTEMBER 20, 2018

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC). Asia is a particularly strong area of blockchain innovation, according to PwC, which predicted in its report that China will outpace the U.S.

blockchain 188

blockchain Innovation Tools Survey 188

Bank Innovation

AUGUST 30, 2016

#BigData is not a phenomenon unique to fintech: basically every consumer-focused service with the money to do so has been utilizing it since the term was first coined in the late 90s; or even before that point, really, as using data to make decisions is the literal definition of deductive Read More.

Fintech 210

Fintech Data Big Data Online 210

PYMNTS

FEBRUARY 8, 2018

But China is also pressing for payments innovation, SWIFT noted, as industry players like Alibaba promote digital payments and more China-based financial institutions (FIs) join SWIFT’s global payment innovation (gpi) initiative. RMB usage made up 1.61 Today China’s payments landscape is a very dynamic one,” he said.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

NOVEMBER 20, 2018

Another Road to Damascus moment — or, perhaps a series of moments, as so much innovation and creativity, contrary to popular conception, is incremental, not sudden — happened during his tenure at Western Union. How new does something have to be for it to qualify as innovation? Innovation in the industry is expected.

Payments 186

Payments Innovation Mobile Comparison 186

PYMNTS

JULY 2, 2020

On the upside, this digital gold rush has created an opportunity for merchants to push about a decade’s worth of digital innovations out the door in weeks. Those small charges can easily slip right below a customer’s radar, but the fraudster definitely notices the card got validated,” Sevounts said.

Fraud 280

Fraud Cards System Tools 280

PYMNTS

DECEMBER 29, 2020

Many CUs struggled to achieve such quick pivots, but those that had already invested in the necessary technologies and security infrastructures were able to make the shift. The CU tapped its security and technology divisions to receive the guidance and equipment to make this a reality. “We Digital Banking's Rise In The CU Space.

Capital 190

Capital Operations Mobile Innovation 190

Perficient

AUGUST 30, 2022

Once the Roadmap and team objectives are established, stakeholders should work with information technology partners to identify high-level solutions. Preferred technologies (UI/UX technologies, backend technologies like Java,Net, ETL Informatica, etc.) Once these decisions were made, the project was deemed “ready.”

Meeting 294

Meeting Examples UX Case Study 294

PYMNTS

OCTOBER 19, 2020

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque , president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. Making The Change . So, it’s hard to pull it all together.”.

Payments 276

Payments Fintech System Cards 276

PYMNTS

DECEMBER 18, 2020

It’s one definition of “resilience,” of which much is needed during this time of upheavals and unknowns. percent),” according to the December B2B Payments Innovation Readiness Playbook. The new B2B Payments Innovation Readiness Playbook study finds that “63.5 percent), manual processes (49.2 percent) and process speed (48.4

Study 190

Study Innovation Payments Technology 190

Insights on Business

APRIL 3, 2018

Now, the industry sees the same concept and technology behind it as a catalyst for their business to achieve digital transformation. Open innovation in banking can refer to the use of open APIs that enable third party developers to build applications and services around a financial institution.

Las Vegas 159

Las Vegas Innovation Industry System 159

PYMNTS

JANUARY 21, 2019

It also goes with the territory anytime a new innovation comes to market. “I Ten years later, you couldn’t get a car without them,” noting that some innovations quickly become a consumer standard because they completely upgrade and transform the experience. A Tale Of Two Business Types. A Tale Of Two Business Types.

Payments 185

Payments Innovation ATM Cards 185