PYMNTS

NOVEMBER 7, 2017

As evidenced by the Bank Innovation Readiness Index , done in collaboration between the two firms, more than 200 banks and financial institutions are in varying stages of preparedness when it comes to payments innovation. Winitz said that innovation can be disruptive or it can be incremental. Data Point Number One: 64 Percent.

Innovation 108

Innovation Meeting Payments Survey 108

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

OCTOBER 17, 2018

New technologies bring new opportunities to serve consumers, and retailers are offering their customers more digital options than ever to meet their wants and needs. They are innovating to meet consumer demand for new payment methods , and to improve customer convenience through technologies such as kiosks.

Innovation 144

Innovation Retail Data Meeting 144

PYMNTS

NOVEMBER 4, 2020

These innovations have revolutionized diners’ experiences and transformed the purchasing process. The following Deep Dive explores the ways in which QSR customers’ ordering and payment habits are shifting, as well as how restaurants are changing their operations to meet consumers’ new payment demands. The Evolution Of Ordering.

Meeting 230

Meeting Payments New York City Denver 230

Bank Innovation

JUNE 1, 2017

We want to meet you! Bank Innovation is launching a Meetup group, where we plan to organize networking events, with insightful panels and (of course) happy hours. We guide innovation professionals to better results, and highlight new technologies that deserve attention. Are you a tech enthusiast? A banking professional?

Groups 199

Groups Innovation blockchain Course 199

Independent Banker

APRIL 30, 2022

Community bankers are embracing innovation like never before—with impressive results. But with so much emphasis placed on customer-facing products and technologies, innovating back-office operations can fall to the bottom of the priority list. Unbundle your end-to-end operations and conduct a SWOT analysis.

Innovation 91

Innovation Community Bank New York City Community 91

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

Perficient

FEBRUARY 27, 2024

Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Bank Innovation

JANUARY 8, 2020

Gas station operators who fail to […]. Visa and Mastercard have given U.S. 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.

Cards 259

Cards Meeting Groups Retail 259

Perficient

AUGUST 4, 2023

In today’s rapidly advancing technology landscape, businesses face a profound revolution in operations, customer interactions, and innovative endeavors. Drive innovation with creative talent and practices.” Partnering with the right digital transformation service provider is vital to thrive in this digital age.

Digital Strategies 419

Digital Strategies Strategy Report Customer Experience 419

PYMNTS

OCTOBER 6, 2020

The friction is mainly education,” said Lance Carlson , co-founder and chief operating officer for payment services software provider HealPay. “. Firms looking to verify that their operations follow PCI requirements must pay not only to have their businesses audited but also to bring them up to speed if they do not.

Compliance 178

Compliance Meeting Payments Cards 178

PYMNTS

JUNE 26, 2020

Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United States. How N26 Is Using Cloud Core Banking for Nimble Mobile Innovation.

Meeting 227

Meeting Mobile Digital Banking Tools 227

Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

Conference 221

Conference Strategy Innovation Industry 221

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. Digitalization and Innovation Accelerating Industry 4.0 Digitalization and Innovation Digitalization is seen as a catalyst for change. is starting.

Management 275

Management Industry Innovation Operations 275

PYMNTS

MARCH 21, 2019

It’s one thing to want to improve or innovate. What’s harder — and what really makes the difference — is figuring how, where and when to innovate, a task that must take into account various factors and even wildcards that keep popping up in the growing and global digital economy and its various ecosystems. B2B Payments.

Innovation 178

Innovation Fintech Video Payments 178

PYMNTS

NOVEMBER 19, 2020

This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. The technology is also credited with helping them meet diners’ demands for seamless purchasing experiences as well as enabling them to battle fraud. .

Boston 200

Boston Fraud Meeting Mobile 200

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

PYMNTS

OCTOBER 12, 2018

The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Innovation Program. Coffee Meets Bagel has recently set up operations in Seattle — its first office outside San Francisco — and used WeWork space for that.

Innovation 122

Innovation San Francisco Seattle Meeting 122

Perficient

FEBRUARY 25, 2021

Cross-unit collaboration is another effective way to maintain a tight (positively correlated) relationship between measurement systems (performance and operational) and CX objectives. Explore our Strategy and Consulting practice to learn how we’re partnering with CX leaders to meet unforeseen challenges and enable change as never before.

Meeting 309

Meeting Customer Experience Branding Leadership 309

PYMNTS

NOVEMBER 27, 2020

Many of these consumers have owned and operated firms themselves that rely on manual B2B payment processes, but they are now comparing their businesses’ slow legacy payment methods with the real-time transactions enabled by P2P apps. It is also notable that 50 percent of Zelle’s users are ages 45 and older. percent during Q3 2020.

Meeting 265

Meeting Payments Groups Mobile 265

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal. The company applied to the U.S.

Innovation 243

Innovation Seattle California United States 243

PYMNTS

APRIL 22, 2019

However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.

Operations 159

Operations Payments System Compliance 159

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

JULY 27, 2020

Noting that some countries are able to operate more normally now than the U.S., As 2020 has proven, the cloud has won, and is the only meaningful path for modern financial commerce and operations. Some suppliers can meet their needs, and some cannot. There are no more excuses for investing in a modern, viable FinTech stack.

Operations 183

Operations Fraud Payments How To 183

Perficient

NOVEMBER 8, 2024

Federal Reserve The largest of the federal banking agencies, the Federal Reserve has four regional federal reserve banks (Atlanta, Boston, New York and San Francisco) set up offices to study financial innovation with AI. Review process. Criteria for assessment. Impact assessment.

Regulation 221

Regulation Risk Management Policies Compliance 221

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. RLJ Financial On Managing B2B Spend With Virtual Cards.

Management 268

Management Cards Company Innovation 268

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. The meetings will usually be held on the second Thursday of the month.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Brown said in a recent conversation with PYMNTS’ Karen Webster. Bringing The Curbside Model To Banks.

Innovation 318

Innovation Data Examples Community Bank 318

Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. IBM driving innovation. Learn more how IBM is driving innovation in RegTech.

blockchain 151

blockchain Innovation Customer Experience Compliance 151

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

PYMNTS

DECEMBER 29, 2020

The pandemic has led to massive changes for banks, which have had to radically adjust their operations despite generally being deemed essential businesses. Online innovations . You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” she said.

Meeting 195

Meeting Massachusetts Tools Digital Banking 195

PYMNTS

MARCH 2, 2020

Two years of tracking by the Innovation Readiness Playbooks has clearly demonstrated that financial institutions (FIs) of all sizes are interested in innovating – and avidly looking to invest in the initiatives that delight their customers. Some players are innovating, but most seem unable to bridge the gap.

Innovation 165

Innovation Customer Experience Fintech Payments 165

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. E caroline.duff@finastra.com. About Finastra.

Operations 68

Operations Strategy Innovation Policies 68

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. Simply put, managed services are the outsourcing of management of daily operations of your infrastructure or individual applications. How We Can Help You.

Management 547

Management Operations Innovation Security 547

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

PYMNTS

NOVEMBER 6, 2018

It’s that time of the year: crowded airports, missed connections, maybe the surprise of an upgrade (to stretch out those legs after sitting all day in meetings or at a holiday gathering). Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S.

Innovation 177

Innovation Payments Industry Study 177