PYMNTS

MARCH 12, 2020

In the global world of eCommerce, said Wang, digital trends that had already started to emerge in the market – around decentralized work, remote communications and pushing global remittances, for example – are now mission-critical in the age of COVID-19. An Opportunity for Innovation . As a result, the company’s sales reached 44.73

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video game manufacturers operated a different model of sorts: Create great games to get consumers to buy the hardware, then keep cranking out great games that would keep consumers on board and upgrading those devices.

Video 248

Video Retail Innovation Trends 248

PYMNTS

JULY 27, 2020

It’s a landscape that has created an opportune environment for technological innovation. But how can a five-year-old digital native really stack up against companies that have been operating for decades — or even centuries?

Innovation 247

Innovation User Experience Industry Fraud 247

PYMNTS

JANUARY 27, 2021

Financial institutions (FIs) around the world are confronting these issues with numerous digital implementations , as 85 percent of banks are offering some form of digital account opening, for example. Banks must confront numerous fraud threats when they operate digitally, and some of the most pervasive are forms of identity fraud.

Security 213

Security Innovation Fraud Study 213

PYMNTS

NOVEMBER 12, 2020

Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said. “Quite often, we think about digitization and we use that as a proxy for simple electronification,” Kanthadai told Karen Webster in an interview.

Innovation 295

Innovation Regional Data Payments 295

Perficient

FEBRUARY 22, 2023

An example is the know your customer (KYC) process in which intelligence agents can sense an event using natural language processing (NLP), machine learning (ML), robotic process automation (RPA)/digital process automation (DPA), query data, proactively make a decision, and act without approval while continuing to learn and improve.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue.

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology.

Innovation 215

Innovation Millennials Technology Examples 215

Perficient

OCTOBER 14, 2020

As organizations begin to think about the recovery phase from the COVID era, businesses that were digitally enabled and able to innovate fared better. Companies that were previously resistant to change were suddenly faced with the choice to accelerate digital innovation or risk their survival.

Video 519

Video Tools Innovation Trends 519

PYMNTS

MAY 1, 2020

South Korea’s Financial Services Commission (FSC) passed its Electronic Financial Transactions Act in 2017, just before the EU’s GDPR went into effect, for example. The FSS understands that innovations often lead to heightened systemic, operational and cyber risks, as well,” he noted. “[It]

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

NOVEMBER 24, 2020

These merchants have spent months considering their approaches and testing new ideas, and they are now better prepared to make the operational adjustments necessary to reduce the spread of the virus and to address weather-related challenges. On-site dining has not vanished entirely, and eateries are innovating to try to maintain this service.

Innovation 211

Innovation social media Retail Online 211

PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

Perficient

JULY 30, 2020

Global pandemics may be rare, but crises of all sizes affect business operations in unforeseen ways. And, after employees are back, additional steps will be needed to optimize current operations and/or prepare for the next disruption. What is a Low-Code Application? Perficient’s Power Platform Hackathon.

Training 322

Training Community Innovation US 322

PYMNTS

DECEMBER 31, 2020

This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). Key Data Points: It takes only 78.5

Data 277

Data Innovation Payments Millennials 277

PYMNTS

JULY 10, 2020

Thanks to a lowered barrier to access banking services, more legal cannabis companies — often small businesses — are able to accept digital payments from their consumers, a shift that Muller noted is encouraging the owners of these companies to expand into their B2B operations as well. But current legacy rails can make this difficult.

Innovation 210

Innovation Payments Tools Compliance 210

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. Optimizing Business Lending. ” With new funding , Vaccino said Yapily will continue to focus primarily on the U.K.

Innovation 208

Innovation Data Fintech Lending 208

PYMNTS

JANUARY 28, 2021

The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation. This change in consumer behavior is expected to remain even after vaccines are more widely distributed.

Innovation 187

Innovation Millennials Payments Mobile 187

Perficient

JULY 26, 2021

Rural residents paying city insurance rates, government employee affinities, and experiences tailored for military families are just a few examples of these beginnings. Product-centric models that have been built to support carrier operations often result in a fragmented, difficult-to-navigate customer experience.

Customer Experience 294

Customer Experience Apple Google Study 294

Perficient

FEBRUARY 4, 2021

How Power Platform Can Change How Your Business Operates. When businesses think of innovation, they often think of a new product that can generate new business or a new way to reach customers and facilitate relationship building. The ability to do those things is important, but it’s not all that innovation is about.

Innovation 322

Innovation Tools Maine Examples 322

PYMNTS

OCTOBER 27, 2020

With the acquisition, Visa hopes to boost its 'network of networks' strategy, reducing the time to market and costs for issuers and processors who need to access innovative operating solutions, the release says.

America 297

America Innovation Strategy Regional 297

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Honkook Kim and his Gentle Monster Brand is a perfect example. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million.

Innovation 195

Innovation social media Branding Marketing 195

Perficient

JUNE 15, 2020

On June 24, 2020, Param Singh, Perficient’s director of clinical trial operations solutions, will host a webinar on clinical trial management system (CTMS) migrations. In fact, we just stood up a super-innovative biotech with a CTMS from a vendor that was recognized by its investors right off the bat. In others, it was different.

System 332

System Operations Data Management 332

Chris Skinner

MAY 9, 2017

Here’s what they have to say: ABSTRACT European political leadership has set a world class example with recent consumer-focused legislative actions, such as PSD2 and the General Data Protection Regulation. These legislative acts foster innovation and drive both competition and choice in the market. This issue goes further than that.

Fintech 303

Fintech Innovation Leadership Data 303

Perficient

JUNE 8, 2020

When cities went into lockdown and businesses scrambled to understand how and IF they could operate, we published a series that discussed what businesses should consider to address immediate, midterm, and long-term impacts of the pandemic. Think about how your business reacted to operational impacts, customer reactions, and employee needs.

Operations 452

Operations Course Examples US 452

PYMNTS

NOVEMBER 25, 2020

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. Female Innovators Lab is a New York program run by the Anthemis Group and Barclays that champions female FinTech founders.

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 21, 2020

These transformational shifts are, in turn, affecting how quick-service restaurants (QSRs) engage customers as the health crisis limits their in-person dining offerings and forces them to fast-track planned digital innovations. Digital orders grew by 138 percent year over year in Q3, for example. Around The Order To Eat Space.

Customer Experience 301

Customer Experience Innovation United States Survey 301

Bank Innovation

MAY 31, 2017

I recently sat down with the marketing team at Anthemis to talk about the changes happening in SME banking and the opportunity for innovation. This will include transaction management, foreign exchange, capital management and tools to manage adjacent necessities like operational efficiency, data acquisition and taxation.

Capital 316

Capital Lending Data Operations 316

PYMNTS

JANUARY 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In a nutshell: If banks don’t innovate in a way that is imaginative and proactive, they will lose customers. Cohen asked. It’s unthinkable.”.

Management 303

Management User Experience Innovation Fintech 303

Chris Skinner

APRIL 11, 2018

Recently, I’ve visited Tunisia, Egypt, Sudan and Ethiopia for example, and am bemused how none of these countries has a strong mobile wallet operator. I am struck every day by the disparity in financial structures I see worldwide.

Mobile 284

Mobile Payments National Examples 284

Perficient

FEBRUARY 2, 2023

One example of this effort, which we expect to see more of in 2023, is biometric payments. For example, many companies have reaped the benefits of using Instagram’s shopping capabilities. All of Instagram’s shopping features allow users to add items from multiple vendors into an Instagram-operated cart.

Industry 471

Industry Trends social media Payments 471

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

AUGUST 6, 2020

are made with cash , for example, and 63 percent of consumers have at least two credit cards. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. How Customer Expectations Have Driven Payments Innovation.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

NOVEMBER 24, 2020

When it comes to innovation in the credit space — including acquisition, provisioning and engagement in particular, Wain says mobile technology is a game-changer that must be seen as the new normal. He uses the friendly, in-person relationships of a credit union as an example. He points to his own kids as an example.

Mobile 310

Mobile social media Fintech Innovation 310

PYMNTS

NOVEMBER 22, 2020

Many of the small and medium-sized businesses are today challenged by time-consuming, manual workflows, for example when processing vouchers for business purchases,” he said, according to the report. As a result, Danske Bank was ordered out of Estonia and closed its operations in Russia and the Baltics. This shows on the bottom line.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

OCTOBER 2, 2020

For example, over the summer, integrated payments and eCommerce technology provider Paya merged with FinTech Acquisition Corp. If you think again about the innovation over the last 10 years,” he told Webster, “the last place I would have said we would have seen all this innovation” would have been on the merchant side of commerce.

Payments 277

Payments Innovation Capital Fintech 277