PYMNTS

OCTOBER 12, 2020

And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. In marketing, Amazon and Walmart are busy getting ready for what could be the largest shopping week of the year, with Prime Day and other events approaching.

Retail 146

Retail Innovation Technology Security 146

Payments Dive

APRIL 6, 2018

This growing risk comes at a time when financial services firms are turning their focus to innovating new technologies and features to meet evolving consumer demands. It's no secret that the financial services industry is a top target for cybercriminals looking to steal valuable data.

Mobile 307

Mobile Meeting Payments Innovation 307

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

NOVEMBER 9, 2020

But for the commercial spending technology world, these forecasts aren't exactly rosy. This earnings season, the downturn has become apparent as several corporate payments technology players post losses. Virtual Cards And Mobile Technology. For some organizations, this may be good news for the bottom line.

Innovation 255

Innovation Fintech Payments Mobile 255

Chris Skinner

MAY 25, 2016

I’ve been presenting a summary of Digital Bank and ValueWeb for a few months now. If you have half an hour free, then you can watch the presentation. It’s been filmed … The post The future of banking, money and finance [Presentation] appeared first on Chris Skinner's blog.

Digital Banking 279

Digital Banking blockchain Innovation Technology 279

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. Eighty-two percent of contactless users view the technology as cleaner than other options.

Report 300

Report Innovation Fintech Payments 300

Perficient

OCTOBER 29, 2024

Each year, it continues to improve, offering more relevant content, valuable industry connections, and opportunities to delve into emerging technologies. Success In Action : Our client wanted to integrate better contact center technology to improve internal processes and allow for personalized, proactive messaging to clients.

Industry 473

Industry Customer Experience Strategy New York 473

BankInovation

MARCH 13, 2024

Mastercard Foundry, the innovation hub for product development at the card giant, is creating a new technology-focused position, as it continues its tech investment. 31 earnings presentation. Director of innovation The $42 billion card giant’s ideal […] billion, according to Mastercard’s Jan.

Innovation 74

Innovation Management Cards Operations 74

Independent Banker

AUGUST 31, 2022

Against this backdrop, agtech—the application of technology to every aspect of the food production process, from farm to table—is growing in importance to the mission of ICBA and community banks. This presents an opportunity to apply advances achieved in other lending areas, especially commercial lending, to transform ag lending.

Innovation 144

Innovation Community Bank Community Lending 144

PYMNTS

MARCH 19, 2020

The current climate of innovators appears to be up for the challenge, however. Whether innovators develop new payment rails or create solutions that wield existing ones, they must take an ecosystem approach to easing friction. Accelerating Ecosystem Innovation. So how do you accelerate that?” More Hurdles Ahead.

Innovation 239

Innovation Payments Fintech Cards 239

PYMNTS

DECEMBER 9, 2020

“There’s a huge opportunity [in B2B payments] for businesses that have traditionally focused on the consumer,” David Disque , president of Corporate Spending Innovations (CSI), said in an interview with Karen Webster. While an attractive proposition, the shift into the B2B world can’t happen at the flip of a switch.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. In many ways, RegTech can be viewed as an innovation enabler.

Innovation 100

Innovation Technology Regulation Fraud 100

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

MARCH 18, 2019

Is there a right way and wrong way to innovate? Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another.

Technology 237

Technology Innovation Strategy System 237

Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

Technology 148

Technology Management Innovation User Experience 148

Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. Could you please tell us a bit about banking sector in Turkey?

Innovation 196

Innovation Cards Trends System 196

PYMNTS

JULY 7, 2020

Israel has long been a hotbed for digital innovation producing companies like Red Hat and Klarna. Now a new Israeli tech accelerator is turning its efforts toward retail innovation and helping to start new technologies for payments and biometrics. We’re also seeing tech solutions shifting,” he says. The solution is POS agnostic.

Innovation 150

Innovation Retail System Mobile 150

Chris Skinner

JULY 19, 2017

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. They may or may not be, you can decide, as I’m posting some of their stories here. These are the ones I quite liked, so it’s not exhaustive.

Innovation 298

Innovation Capital Conference Customer Experience 298

PYMNTS

FEBRUARY 27, 2019

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

Technology 190

Technology Industry Innovation Big Data 190

PYMNTS

MARCH 17, 2020

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. The share of CU members reporting they were willing to change primary FIs over insufficient innovation increased by 4.6 percent to 21.9 Competitive Threats.

Innovation 159

Innovation Study Operations Examples 159

PYMNTS

DECEMBER 13, 2017

Customers are comfortable being asked to present their government-issued IDs in brick-and-mortar settings. Jumio does the same thing online, making it a ‘person-present’ transaction.”. Better yet, he has a few suggestions, many of which he shared in a recent discussion with PYMNTS’ Karen Webster. Can I See Some ID?

Cards 156

Cards Security Data Online 156

PYMNTS

OCTOBER 29, 2020

Mastercard ’s Senior Vice President of Innovation and Startup Engagement Deborah Barta told Karen Webster in a conversation with Luis Macias , CEO and Founder of GrainChain , that COVID-19 has only intensified the issue. Via their IoT integrations and technology on the ground, they can quantify information and verify that it's real.

blockchain 233

blockchain Innovation Regional Technology 233

PYMNTS

JANUARY 18, 2021

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic. Challenges And Opportunities Ahead In 2021.

Innovation 205

Innovation Payments Retail America 205

PYMNTS

AUGUST 16, 2018

Those are some of the common myths of innovation , and they apply to the payments world. Moving past those myths, and finding deeper truths about payments innovation, was the underlying result of a recent PYMNTS webinar, featuring Karen Webster and Amir Wain, founder and CEO of i2c , an integrated commerce and smart payments firm. “

Innovation 190

Innovation Payments Survey Meeting 190

Bank Innovation

DECEMBER 14, 2018

Ever-newer technologies are currently presented by […]. What is the best way to make solutions for the fintech sector meet the high requirements of challenging customers, especially while every bank is rushing towards digitization?

Technology 186

Technology Meeting Trends Fintech 186

PYMNTS

JANUARY 7, 2020

Innovation is no longer optional – it’s table stakes to stay in the game. The good news: There is no shortage of innovative ideas and options for today’s FIs to offer to their customers: digital wallets, P2P payments, card controls, fraud and security protection, and loyalty and rewards perks among them. What separates the two groups?

Innovation 139

Innovation Technology Marketing System 139

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

JUNE 12, 2019

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. He added that “our customers buy our product because we offer advantages over the technologies mentioned here.

Innovation 192

Innovation Retail Metro Case Study 192

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS. “Our

Technology 248

Technology User Experience Fraud Comparison 248

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. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We Supervisors don’t like moving targets.”. A survey by EHI Retail Institute showed that last year, card payments made up 48.6

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

MARCH 21, 2019

It’s one thing to want to improve or innovate. That’s the easy part, the stuff of daydreams, scribbles, memos, charts and PowerPoint presentations. Her observations cover a wide range of topics, but among the main themes is to look beneath the surface of technology, processes and innovation ideas. B2B Payments.

Innovation 178

Innovation Fintech Video Payments 178

Perficient

NOVEMBER 1, 2024

Among other findings, that report found that innovations in AI were powering many non-bank firms’ capabilities and product and service offerings. The report identified opportunities and challenges that AI presents to the security and resiliency of the financial services sector.

Regulation 221

Regulation US Community National 221

PYMNTS

MAY 12, 2020

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. National Institutional Facilitation Technologies (NIFT) and B2B FinTech Haball are collaborating to develop a new digital payment rail to facilitate B2B transactions in Pakistan, the companies recently announced.

Payments 130

Payments Fraud Community Boston 130

Bank Innovation

MARCH 20, 2019

It’s time to move beyond merely presenting data and toward helping customers take informed action on their finances with that data, according to Jonas Karles, co-founder and COO of Minna Technologies, a PFM provider for subscription and recurring payment management. We've done the pie chart thing,” he told Bank Innovation. “We

Management 267

Management Innovation Data Technology 267

PYMNTS

MARCH 20, 2019

For instance, why are there significant, revenue-draining gaps between what merchants think about payments innovation and what they actually do? Loyalty and Innovation. percent of health and beauty merchants cited customer loyalty as their reason to innovate, but only 35 percent of merchants said they’re prepared for it.

Innovation 139

Innovation Retail System Payments 139