PYMNTS

JANUARY 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. And lastly, it will be critical to continue to innovate in a way that is still safe and secure. We will definitely see that continuing to evolve,” Whisler said.

Operations 349

Operations Payments Industry Management 349

Perficient

FEBRUARY 18, 2021

As we noted in the last blog, the tools Power Platform includes can be crucial to enabling your makers, with Power Apps and Power Automate enabling them to not just build applications, but also to automate time-consuming processes and improve business operations. Provide operational support through automation. Learn More.

Tools 531

Tools Innovation Resources Operations 531

Bank Innovation

MAY 19, 2017

In fact, decentralization may be beneficial for banks, depending on “what do you mean by decentralization,” said Jared Harwayne-Gidansky, North American lead of the emerging business and technology group for BNY Mellon. Decentralization where you are innovating […].

blockchain 363

blockchain Groups Innovation Technology 363

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. Nacha Adopts Eight ACH Payment Updates.

Innovation 241

Innovation Cards Payments Technology 241

Bank Innovation

JUNE 21, 2019

Dominic Venturo, executive vice president and chief innovation officer at U.S. The focus of the innovation group at U.S. Bank, said 5G cellular network technology can be the catalyst that will bring more internet-of-things (IoT) applications into the banking world.

Innovation 199

Innovation Strategy Groups Technology 199

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa confirmed this week that it is partnering with Circle Internet Financial, which operates the digital currency U.S. CardUp Mixes Rails To Enable Card Payments.

Innovation 220

Innovation Payments blockchain Resources 220

Bank Innovation

JULY 11, 2018

Citizens Financial Group joins the latest band of established FIs in launching its version of a digital-first bank called Citizens Access.

Groups 225

Groups Millennials Digital Banking Operations 225

Perficient

DECEMBER 15, 2020

I sat down with Tom Hogan , chief operating officer, and Andrea Lampert , vice president of people, to discuss the program in more detail. Tom Hogan, Chief Operating Officer, Perficient. Our hope is to introduce similar programs aimed at educating individuals and creating opportunities in the communities where we operate.

Detroit 520

Detroit Community Training Industry 520

PYMNTS

MARCH 12, 2020

The company also set up a multi-million-dollar subsidy program to reduce operating costs and capital risks for their merchants, in an effort to help them get back to work safely and efficiently. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

SEPTEMBER 17, 2020

We are innovating the underlying infrastructure that financial institutions use to make transactions run even faster end-to-end, and at the same time further reducing costs for the community through industry-shared services in the areas of cyber, fraud and compliance," said Javier Pérez-Tasso , SWIFT’s CEO, in a statement. “We

Innovation 348

Innovation Payments Compliance Data 348

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

Bank Innovation

JULY 1, 2019

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The goal is to […].

Omaha 170

Omaha National Nebraska Innovation 170

PYMNTS

MARCH 17, 2020

Credit union (CU) members are known for loyalty to these financial affinity groups, but that loyalty is being tested. The 2020 Credit Union Innovation Index , conducted in partnership with PSCU , found that over 20 percent of members would drop their current CU over lack of innovation. percent to 21.9 Competitive Threats.

Innovation 159

Innovation Study Operations Examples 159

PYMNTS

JUNE 17, 2020

As the chief operating officer and co-founder of Copenhagen-based Astralis Group , Jakob Lund Kristensen walks both sides of the eSports line. Astralis is a group of eSports teams that is pioneering the approach to the eSports industry by treating its gamers like athletes.

Groups 204

Groups Mobile Video US 204

Bank Innovation

MAY 11, 2017

Wells Fargo will begin underwriting customers for their “entire credit limit” later this year, Avid Modjtabai, head of payments, virtual solutions and innovation (PVSI) group said during the bank’s investor day today.

Groups 302

Groups Innovation Cards Payments 302

Bank Innovation

OCTOBER 18, 2019

Santander InnoVentures, Santander Group’s fintech venture fund, is leading a Series B investment of 35 million euros ($39 million) in CrossLend, a pan-European digital debt marketplace.

Innovation 218

Innovation Groups Fintech Operations 218

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

OCTOBER 4, 2019

Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social-media-like way. They are new to group work, which we think of as super-efficient for maintaining motivation and having that community element.”. Habits And Sushi.

Innovation 190

Innovation Community social media Operations 190

Bank Innovation

MARCH 10, 2017

Citi Group also wants to join the ranks of the “e-banks” of U.S. The bank’s mobile app userbase soared in 2016, Bank Innovation has learned. According to a company spokeswoman, “last year alone, North America mobile app customers have grown by 50%, and mobile app downloads have doubled — we saw over 3.25

Mobile 285

Mobile America Groups Innovation 285

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

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. 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. Honkook Kim and his Gentle Monster Brand is a perfect example.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

JANUARY 1, 2021

s Competition and Markets Authority (CMA) — chiefly for a new watchdog group — the proposed regulatory regime is intended “harness the full potential of digital markets, driving greater competition and innovation,” according to a CMA statement. In recommendations issued earlier in the month by the U.K.’s Beyond The Companies .

Regulation 352

Regulation social media Course Apple 352

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

Bank Innovation

FEBRUARY 1, 2018

The Alibaba Group will take a 33% equity stake in Ant Financial, it’s affiliate fintech company that operates popular mobile payments service Alipay, the group announced today.

Fintech 247

Fintech Groups Mobile Operations 247

Perficient

DECEMBER 17, 2020

That included looking inwards to identify internal operating models and biases that may have inadvertently been impeding business goals and objectives. Innovative ideas come from groups with different perspectives. The key here is don’t be afraid to engage in the conversation. Be proactive. Be outcome-driven.

Strategy 348

Strategy Innovation Video Google 348

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 20, 2020

Jiwei's remarks come against a backdrop of the government's cancellation this fall of what was expected to be a record-setting initial public offering (IPO) by Jack Ma's Ant Group. Chinese officials have warned in recent months that the tech sector faces significant new regulation , lest companies operating within it become too powerful.

Fintech 256

Fintech Groups Conference Regulation 256

Perficient

OCTOBER 30, 2024

Pursuant to requirements and authorities outlined in the Anti-Money Laundering Act of 2020 (the AML Act), FinCEN is also taking several steps to create the necessary regulatory and examination environment to support AML/CFT-related innovation that can enhance the effectiveness and efficiency of the Bank Secrecy Act (BSA).

Regulation 221

Regulation FDIC Compliance Innovation 221

Bank Innovation

JANUARY 8, 2020

gas station owners until October of this year to upgrade pumps to accept EMV chip cards, rejecting a deadline extension request from the Merchant Advisory Group. Gas station operators who fail to […]. Visa and Mastercard have given U.S.

Cards 259

Cards Meeting Groups Retail 259

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This means getting regulation right is critical.

Regulation 349

Regulation National System Industry 349

Perficient

NOVEMBER 19, 2024

Currently, the Japanese government and regulators are taking an indirect approach of supporting a policy goal of prioritizing innovation while minimizing foreseeable harms. Japan currently has yet to pass a law or regulation specifically directed to regulating the use of AI at financial services firms.

Regulation 221

Regulation Guidelines System Compliance 221

Perficient

APRIL 4, 2022

Recently, Digital Insurance issued the findings from Keynova Group on the 2022 Mobile Insurance Scorecard. Perficient’s offerings enable insurance companies to innovate and deliver products and services through superior and personalized mobile, online, phone, and in-person experiences.

Mobile 294

Mobile Survey User Experience Analytics 294

PYMNTS

OCTOBER 11, 2020

He previously was chief operating officer at Omnio Group and President of BancTec EMEA, according to Paynetics. We’re operating within the most sophisticated financial services market in the world, and we’re proud to bring something different to the table.”. and European markets.”.

Operations 264

Operations Cards Software Technology 264

PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. Faster Payments Council Announces Board Advisory Group. Businesses Ready To Jump Into RTP. This week, the U.S.

Groups 252

Groups Payments Survey Data 252

PYMNTS

JUNE 25, 2020

Last year, [analyst group] Aite Group found that over 50 percent of claim payments were issued [via] checks.”. An Appetite for Innovation. This indicates that the industry’s appetite for innovation remains strong,” according to the latest Tracker. Satisfying Claims.

Innovation 250

Innovation Industry Payments System 250

Perficient

NOVEMBER 4, 2020

You will not find a more hawkish group in partnering with customers to find the best fit-for-purpose solutions for them, similar to the way a hive above is the perfect fit for its occupants. After all, we all need to be good stewards of patient safety through openness and innovation and by working together as a team.

Groups 309

Groups US Meeting Case Study 309

PYMNTS

MAY 20, 2020

China’s Alibaba Group is putting $1.4 The upgrade and innovation centered around its flagship Tmall Genie smart speaker will use proprietary technologies that combine AI and the Internet of Things (IoT). The investment will also help further research into IoT operating systems, edge computing and natural language processing (NLP). . “By

Kentucky 253

Kentucky Study Conference Innovation 253