PYMNTS

DECEMBER 31, 2020

That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified. One is regulatory trends, where regulators are looking to increase competition in this field and drive innovation. The other is technological innovation.

Innovation 289

Innovation Payments Trends Regulation 289

Bank Innovation

AUGUST 14, 2018

Realtime payments are at the top of the innovation wish list for most banking professionals. According to a survey from TD Bank, released today, 42% of payment professionals cited integration of realtime payments system as the number one factor that could have the greatest impact on the industry.

Innovation 231

Innovation Payments Survey System 231

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. Barclaycard Debuts V-Card For Expense Management. Tipalti Enhances Corporate Card Adoption In AP.

Cards 286

Cards Innovation Management Payments 286

PYMNTS

APRIL 22, 2019

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately.

Operations 159

Operations Payments System Compliance 159

PYMNTS

JULY 10, 2020

That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

NOVEMBER 12, 2020

Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Delegated by the Canadian Government, Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules.

Payments 345

Payments Innovation Risk Management System 345

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. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

Innovation 297

Innovation Fintech Cards Payments 297

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). These payment types often deprive receivers of immediate access to funds.

Data 277

Data Innovation Payments Millennials 277

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

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. They influenced those choices by changing the consumer’s path to purchase and payment. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

Bank Innovation

APRIL 2, 2019

Ignite Ideas talks at the Bank Innovation Ignite 2019 conference in Seattle last month tackled issues of financial inclusion, designing products that enhance the customer experience, revamping payments, and rebuilding trust in banking.

Innovation 186

Innovation Video Seattle Payments 186

PYMNTS

FEBRUARY 10, 2020

PSCU has appointed Denise Stevens as senior vice president and chief product officer, while Scott Young will head the product delivery leadership team as vice president of innovation, PSCU announced today (Feb. Stevens will oversee product delivery and management, as well as its innovation teams. Young will report to Stevens. “We

Innovation 210

Innovation Leadership Washington Cards 210

PYMNTS

SEPTEMBER 24, 2018

Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. Payments landscapes in different regions can vary greatly, and to succeed, businesses need to know the ropes. Chinese consumers spent $1.2

Innovation 190

Innovation Report Payments Mobile 190

PYMNTS

JANUARY 28, 2021

A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. Offering touchless payments thus has the potential to drive merchants’ performance through consumer preference. The High Stakes Of Offering Contactless.

Innovation 187

Innovation Millennials Payments Mobile 187

South State Correspondent

SEPTEMBER 13, 2023

Most banks ignore instant payments or are still worried about fraud and research. The irony is that of the estimated $25 trillion in B2B payments in the U.S., Why Payments Matter For the bank, the correlation between transactions processed and profitability is exceedingly high – approximately 82%.

Payments 221

Payments Fraud Data Taxes 221

PYMNTS

MARCH 7, 2019

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. However, the way payments innovation is pursued — and becomes reality — is changing, too.

ATM 194

ATM Innovation Payments blockchain 194

PYMNTS

NOVEMBER 6, 2018

There is also the chance (please no, not this time) of some hassle with payments, such as the corporate account or card not going through, or maybe, on the travel agency side, a software glitch or another problem that adds friction and frustration to an already long travel day. Innovation Challenges. Innovation Willingness.

Innovation 177

Innovation Payments Industry Study 177

PYMNTS

DECEMBER 30, 2019

firms make and receive B2B payments, even though more cost-efficient digital payment options have become available. This does not mean businesses are disinterested in newer payment innovations, however. percent would like to integrate ePayables with virtual cards into their broader B2B operations.

Innovation 130

Innovation Payments Data Branding 130

PYMNTS

APRIL 12, 2017

Last year, payments technology company Ixaris announced it would spin off some of its operations to form a separate unit dedicated to B2B payments. Now, the company is exploring the B2B payments space even further. Innovation Challenge. “We The company launched its OPC Live!

Innovation 175

Innovation Payments Conference Compliance 175

PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A So Much More Than Payments.

Operations 349

Operations Payments Industry Management 349

Perficient

FEBRUARY 27, 2023

The payments industry is no different, and we’re quickly approaching a new intersection point due to the Real-time Payments’ movement into the US. These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion.

North Carolina 275

North Carolina Charlotte Payments US 275

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

MARCH 2, 2020

FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more efficiently manage money and make payments. Bridging the Payments Divide. Payments, and more specifically, initiating a transaction, can be a bit more difficult to accomplish.

Innovation 141

Innovation Payments Fintech Management 141

Bank Innovation

FEBRUARY 6, 2019

Jody Perla, managing director at cross-border payments company Payoneer, told Bank Innovation this relatively new reality has led to increased customer and corporate expectations for seamless and transparent payments. For small business owners, freelancers, and gig economy workers, the minute you’re online — you’re global.

Innovation 170

Innovation Payments Online Management 170

PYMNTS

DECEMBER 9, 2020

In what’s beginning to feel like something of a trend in recent years, the payments landscape has seen its latest big global consolidation. Italian payments processor Nexi SpA recently announced plans to purchase private equity-owned rival Nets A/S, creating Europe’s biggest payments firm by volume.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Such legacy payment methods are usually tied to paper-based invoices and manual tracking and reconciliation procedures, which impede payments from being processed in a timely manner.

Innovation 153

Innovation Payments Survey blockchain 153

PYMNTS

MARCH 3, 2020

Whether embracing development and adoption of new payment rails or developing solutions for legacy versions, the latest in payments innovation is all about speed – even for corporate payments. New research reveals that B2B payments are is expected to account for the largest portion of faster payments volume in the U.S.,

Innovation 130

Innovation Payments blockchain National 130

PYMNTS

NOVEMBER 1, 2020

The solutions will aim to bring omnichannel buying experiences to boost revenue and profit potential, the release says, especially as digital commerce continues to accelerate in use and innovation. Instead, he said they should focus on setting up online payments first, ensuring that customers have the easiest experience possible.

Operations 247

Operations Meeting Online Innovation 247

Perficient

FEBRUARY 2, 2023

Here are some of the biggest payment trends we’re forecasting for the new year. Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners.

Industry 471

Industry Trends social media Payments 471

Payments Source

MARCH 28, 2021

Payments technology has advanced quickly in the past decade because newcomers in the industry have operated fully, or at least partially, in the cloud. ]].

Innovation 164

Innovation Payments Operations Industry 164

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. Payments, of course, are a vital part of the whole legal betting process. A key part of user experience is payment speeds.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader.

Innovation 139

Innovation Marketing Payments United States 139

Bank Innovation

MARCH 2, 2018

EXCLUSIVE – Anand Talwar, deposits and consumer strategy executive at Ally Bank has joined the speaker faculty for Bank Innovation 2018, taking place next week March 5 to 6 in San Francisco. At Ally Bank, Talwar leads the retail deposits and consumer payments business, including product management, pricing profitability, and operations.

San Francisco 220

San Francisco Innovation Strategy Retail 220

PYMNTS

MAY 9, 2019

In today’s digital economy, with shopping as easy as the tap of a finger on a smartphone screen, brick-and-mortar retail businesses have no choice but to innovate to keep and grow their clientele. At the same time, many consumer services firms recognize the value that specific technological applications can bring to their operations.

Innovation 197

Innovation Retail Survey Technology 197

BankInovation

APRIL 12, 2024

JPMorgan Chase is investing in innovation and technology within its wholesale payments operations amid rising demand for global payments capabilities. trillion bank is leaning into payment systems, Chief Financial Officer Jeremy Barnum said today during the bank’s first-quarter earnings call.

Payments 121

Payments Innovation US System 121

Bank Innovation

FEBRUARY 15, 2017

This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, which Read More.

Innovation 317

Innovation blockchain Groups Fintech 317

PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. The essence of every week is reviewing business performance and forecasts, discussing opportunities, predicting and mitigating risks, looking for small openings for transformation and innovating.

Innovation 190

Innovation Payments Compliance Risk Management 190