PYMNTS

SEPTEMBER 19, 2017

According to Finastra and Celent, there are a several key factors at work driving corporate banks to shift their strategies: digitization and omnichannel platforms, FinTech innovation and transformation of legacy systems.

Innovation 108

Innovation Survey blockchain Lending 108

Insights on Business

NOVEMBER 12, 2018

It uses technology like natural language processing, which can understand and learn, and ultimately provide the GRC professional team with the necessary information to make informed, fact-based decisions, in a fraction of the time and cost. Increasing your ROI with IBM OpenPages with Watson.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

DECEMBER 5, 2018

According to The Next Web , a pre-solicitation document — published by the DHS’ Small Business Innovation Research Program (SBIR) — shared a proposal for small businesses (SMBs) to develop research, process, products and technologies that can be used to detect crypto-related crimes.

blockchain 166

blockchain Bitcoin cryptocurrency Analysis 166

Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

JUNE 10, 2016

A recent white paper by NACHA , the mobile payments alliance, developed in tandem with the Payments Innovation Alliance Mobile Wallet Team, found significant value in the cloud for emerging payment solutions. The choice is a simple one: to innovate or be disintermediated.

Mobile 100

Mobile Retail Samsung Payments 100

PYMNTS

AUGUST 8, 2018

Logistics technology provider OpenPort has announced a partnership with blockchain company Fr8 Network in a deal that will enable OpenPort to connect its customers to blockchain solutions. OpenPort currently provides transportation management technology and trade finance to its corporate customers.

blockchain 102

blockchain Data Payments Technology 102

PYMNTS

APRIL 6, 2017

Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. However, a new white paper from Synchrony Financial highlights some of the biggest themes that may take the retail world by storm over the next decade.

Retail 104

Retail Innovation Mobile Technology 104

PYMNTS

OCTOBER 28, 2019

In fact, CPI, a payment technology company and provider of credit, debit and prepaid solutions, estimates that for every one million Second Wave cards produced, over a ton of plastic will be diverted from entering the world’s oceans, waterways and shorelines.

Cards 101

Cards Groups Marketing Survey 101

CFPB Monitor

JULY 13, 2016

While the CFPB has not yet held a public event devoted to FinTech or financial innovation, the Office of the Comptroller of the Currency (OCC) recently held a Forum On Supporting Financial Innovation in the Federal Banking System to discuss the agency’s approach to FinTech and other innovative products.

Innovation 60

Innovation Fintech Customer Experience Policies 60

ForwardBanker

JUNE 7, 2016

The Office of Comptroller of the Currency (OCC) initiated a working group in 2015 to begin to assess the evolution of technology and innovation in financial services, resulting in publication of a white paper at end of Q1, and requested industry comments on strategic questions.

Innovation 28

Innovation Groups Industry Technology 28

PYMNTS

JUNE 24, 2019

As you know, we’ve been looking at blockchain for quite a while, understanding the technology standards, doing pilots with banks and filing a number of patents. That nervousness is not entirely misplaced, Lambert noted, because cryptocurrencies and blockchain technology are innovative and extremely new.

Payments 179

Payments cryptocurrency social media Regulation 179

PYMNTS

JUNE 15, 2018

” “The award of this patent provides further recognition of Aquiire’s innovations,” the firm’s CEO Mike Palackdharry said in a statement. Last year, Aquiire announced it had acquired intellectual property from search firm Zakta to enhance its machine learning capabilities and collaborative search technology.

social media 100

social media United States System US 100

PYMNTS

APRIL 11, 2017

It’s not enough for a technology to be a proven way to improve business processes: Adoption of new tech is a tough sell. For SMEs, limited resources may stifle the ability to invest in new technology. But a new report from Sage finds that being knowledgeable in the latest and most innovative solutions is beneficial to the organization.

Leadership 118

Leadership Analytics Analysis Tools 118

American Banker

MARCH 31, 2016

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."

Innovation 28

Innovation Management Fintech Risk Management 28

PYMNTS

MAY 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. The rule change is the subject of a recent white paper published by GIACT. That implies an ease of use while giving up nothing when it comes to security. New NACHA Rule.

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

OCTOBER 31, 2018

As reported in July via white paper, the U.K. The data, showing that 51 percent of firms see blockchain as useful as Brexit takes shape, shows that, possibly, “this trend reflects the need to improve transparency ahead of this situation, with reducing fraud, improving innovation and driving cost savings as key reasons.

blockchain 201

blockchain Fraud Data Study 201

PYMNTS

APRIL 19, 2017

Change within the enterprise will always bring friction, but when it comes to change brought about by the adoption of more sophisticated technologies — especially in accounting and cash management — that friction is worth the effort. But the picture of technology adoption is a complex one, as cloud accounting company Sage has shown.

Tools 119

Tools Technology Survey Management 119

PYMNTS

AUGUST 11, 2017

Blockchain is more than just a technology being used for the transfer of cryptocurrency like bitcoin. This week, Microsoft has released a technical white paper and demonstrations for its new that’s seeking to address the problems facing enterprises seeking to implement blockchain technology.

Bitcoin 102

Bitcoin blockchain cryptocurrency Software 102

PYMNTS

JULY 14, 2016

Basically, the app tells the customer to draw a tic-tac-toe board on a plain sheet of white paper then hang the paper on the wall where they would want the artwork to hang. Once the customer points their smartphone at the paper, the app shows them how the artwork will look on the wall.

UX 100

UX Retail Branding Apple 100

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 190

Fintech Community Regional Technology 190

American Banker

MAY 13, 2016

The Office of the Comptroller of the Currency's recent white paper is a great first step in promoting innovative collaboration between banks and fintech, but companies need clearer guidelines on what regulators expect of them.

Fintech 28

Fintech Guidelines Regulation Innovation 28

FICO

JULY 18, 2022

However, over the last decade, new credit score providers have developed scores entirely or predominantly with ML, which they touted as more innovative and effective for fair, inclusive credit decisions for lending, particularly for underbanked and “unscorable” populations. Can Arkali. See all Posts. chevron_left Blog Home. Related posts.

Analytics 52

Analytics Data Lending Industry 52

Insights on Business

FEBRUARY 11, 2019

Launched in November 2017 , IBM Cloud Private (ICP) aims to provide users with the right mix of private and public cloud technologies. It leverages open source technologies like containers, Kubernetes, Helm and Cloud Foundry to deliver the benefits of public cloud but with the control of private.

Compliance 87

Compliance Security Big Data Analytics 87

PYMNTS

FEBRUARY 28, 2017

The problem, the company’s white paper declared, is a continuing dependence among B2B eCommerce companies on manual tools, such as faxes and sales representatives. More than half of B2B sellers said the cost to deploy a new technology is their greatest pain point in solving many of the top obstacles of their own corporate buyers.

Online 100

Online Payments Survey Analysis 100

FICO

JUNE 29, 2021

Some staff that have been in place for many years may tend to become a little stale and not evolve as quickly as new ideas thoughts, technology, and initiatives. Legacy architecture can be viewed as older generation technology that can be foundational to the transformational and fun stuff that we want to accomplish.

Examples 52

Examples Operations Data Technology 52

NCR

JULY 12, 2017

The data revolution is one of the biggest technology changes facing banks at the moment, and efforts to effectively harness data should be at the forefront of any financial institution’s strategy. But let’s not underestimate the potential that technology brings forth. The benefits of being data-driven.

Data 80

Data Analytics Big Data Community Bank 80

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs.

Management 87

Management Risk Management Resources Analytics 87

FICO

AUGUST 15, 2018

Actually, decision modeling does this by putting the decision before the data, versus the other way around (and if you really want to dig deeper, check out this white paper ). Tools like Blaze Advisor and Decision Modeler are built for this approach; however, even the best technologies alone aren’t enough.

Analytics 53

Analytics Analysis Data Operations 53

FICO

AUGUST 1, 2018

Luckily, Decision Management (DM) technology has been invented and has come a long way since AC/DC released this epic anthem in 1975. To start the decision management journey and assess your organization’s own decision management maturity, download the white paper, “ FICO Decision Management Maturity Model and Map.”

Management 58

Management DC Examples Customer Experience 58

PYMNTS

MARCH 1, 2017

Needless to say, banks are feeling the pressure on all fronts to get their capabilities aligned with what the innovators around them are already providing. Managing costs and finding revenue opportunities within a low-interest rate environment is a huge challenge for banks, many of which can’t afford to take on the cost of innovation.

Payments 100

Payments System Fintech Regulation 100

PYMNTS

OCTOBER 17, 2018

Or, more recently, consider all the digital expertise and innovation brought to the market by entrepreneurial veterans of the Israeli military and spy services. Just look at the logistical lessons learned during World War II that were applied to post-war industry, or even the development of the Internet and how U.S.

Payments 100

Payments Maine Case Study System 100

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs.

Management 70

Management Risk Management Resources Analytics 70

FICO

JUNE 22, 2017

Innovating AML tools has increasingly become a priority for banks and financial institutions. It uses transaction profiling technology, customer behavior sorted lists (BList) , and self-calibrating models that adapt to changing dynamics in the banking environment.”. This post originally appeared on the SIIA blog.

Tools 55

Tools Compliance Innovation social media 55

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 79

social media Analytics Innovation Big Data 79

FICO

MARCH 8, 2021

I recently had the opportunity to participate in a virtual event hosted by the Urban Institute entitled Financial Inclusion: Lessons Learned and What’s Next for Innovations in Alternative Credit Data. This is particularly relevant when it comes to financial inclusion.

Data 52

Data Innovation Examples Study 52

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70