PYMNTS

MARCH 30, 2020

The boutique shops that lined Main Street USA, which got nearly all of their business face-to-face in their stores, expected that 2020 would be another great year. Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival.

Maine 232

Maine Data Capital Study 232

PYMNTS

APRIL 21, 2020

But despite tidbits of good news that infection rates are coming down and government money is moving out, a majority of Main Street businesses don’t see themselves surviving COVID-19. This “COVID-19 cash gap” will be decisive in which small and medium-sized businesses (SMBs) remain in operation , and which don’t.

Maine 130

Maine Survey Report Retail 130

PYMNTS

MAY 1, 2020

Will small- to mid-sized businesses (SMBs) follow consumers’ lead and digitize their operations to meet their new demands? These are just a few of the questions we sought to answer in Main Street On Lockdown: Reinventing The Road To Recovery edition. Our research shows that 66.4

Maine 161

Maine Data United States Meeting 161

PYMNTS

NOVEMBER 3, 2020

It takes CLEAR’s main identity verification service and attaches a person’s health information to their profile such that it could be used as a COVID-19 prevention tool. Now, CLEAR's touchless technology is able to connect identity to health insights to help people feel confident walking back into the office.".

Technology 307

Technology Alaska Fort Worth Mobile 307

PYMNTS

JUNE 22, 2020

They’ll also need operational and technical advice across a wide spectrum of subjects. It is also key to get foundations and other philanthropists to put forward loan guarantees as well … And [FinTechs] have the technology, and they leverage data and analytics and help scale lending significantly. I Think We Can Do It’.

Maine 246

Maine Lending Community Fintech 246

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. FinTechs Help Main Street Find Its Footing. It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.

Maine 130

Maine ATM Innovation Millennials 130

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

Technology 166

Technology blockchain social media New Mexico 166

Perficient

FEBRUARY 9, 2021

Understanding the technology systems the enable these fulfillment methods are important for successfully driving positive, enhanced customer experiences, and retailers need to rely on omnichannel fulfillment as a main source of delivery for seamless customer buying experiences, even in post-COVID-19.

Retail 506

Retail Customer Experience Strategy Maine 506

PYMNTS

MARCH 26, 2019

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. That’s kind of … the future that we see as well,” Xiao said, adding he believes that, in addition to online and app ordering, voice ordering will be one of the main drivers.

Technology 121

Technology Maine Google Study 121

PYMNTS

APRIL 1, 2020

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Yi said the impact of COVID-19 caught Zoku Sushi “completely flat-footed” by the nearly overnight shutdown that came to its base of operations in Midtown Manhattan.

Operations 171

Operations New Jersey Connecticut Course 171

PYMNTS

AUGUST 21, 2020

Technology and manufacturing industry SMBs are the most likely to say they will be unable to weather the storm. percent of those in the technology sector. That so many SMBs are uncertain about whether they can survive — despite having access to emergency reserves — speaks to how dire the pandemic has been for Main Street businesses.

Maine 142

Maine Survey Report United States 142

Perficient

OCTOBER 1, 2024

The adoption of finance AI by finance functions has increased significantly in the past year with 58% using the technology in 2024 – a rise of 21 percentage points from 2023 – according to a survey by Gartner, Inc.” While administrative functions like HR, legal, and procurement were early adopters, finance initially lagged behind.

Survey 221

Survey Data Analytics Maine 221

Bobsguide

OCTOBER 12, 2020

What are the main reasons these days for companies to pursue reconciliation automation? To put it in a perspective, those efforts are aimed at reducing manual operations, Reconciliation automation fits into the broader concept of business transformation in the realm of finance & accounting.

Technology 88

Technology Maine Data Operations 88

PYMNTS

FEBRUARY 17, 2020

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. Across the Intelligence of Things (IoT) Space. About The Tracker

blockchain 249

blockchain Maine Security Data 249

PYMNTS

APRIL 14, 2017

It’s no surprise that in-store technology is increasingly a priority among brick-and-mortar retailers as a means to boost operations, meeting consumer demand and competing with the growth of Commerce’s market share (especially Amazon). To get a better sense of the priorities within the larger push toward digitization, U.K.-based

Maine 101

Maine Survey Retail Meeting 101

South State Correspondent

SEPTEMBER 19, 2024

There is a myriad of manual processes that take place everyday in banking driving up unit economics and causing the average bank to operate with a 77+% efficiency ratio. To be competitive in the future, banks need to be operating at an efficiency ratio of below 40%. return on asset figure.

Examples 195

Examples Lending Operations Management 195

PYMNTS

DECEMBER 21, 2020

As PYMNTS researchers recently wrote, “news of the availability and distribution of COVID-19 vaccines has Main Street SMBs feeling optimistic about their chances of survival, yet uncertainty remains around when things will return to business as usual. Findings support the idea that moods have perceptibly lightened on Main Street.

Maine 161

Maine Study Retail Online 161

Abrigo

JANUARY 18, 2017

As anyone advising business owners knows, clients are often so busy with day-to-day operations and management that they find it tough to gain a big-picture view of certain financial aspects, such as cash flow. It’s especially helpful for businesses with multiple locations that have to forward checks to a main office. •

Technology 150

Technology Cards Software Payments 150

PYMNTS

SEPTEMBER 21, 2016

Both Uber and its main competitor in India, Ola, hold more than 70 percent of their revenue from only five cities in the whole country: Bengaluru, Hyderabad, Chennai, Delhi-National Capital Region and Kolkata. They’ve hosted protests in major cities, including Mumbai, Delhi, Bengaluru and Kochi. Government acceptance is also an issue.

Maine 100

Maine Customer Experience Regional National 100

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. Banks that want to be more aggressive with innovation and technology can show they are investing more in technology infrastructure, while banks with a strategy to be less tech-focused can be under. and 11.1%, with a median of 8.1%

Capital 195

Capital Operations Customer Experience Comparison 195

Chris Skinner

JANUARY 19, 2019

The main blog headlines are … The new FinTech bank For years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The CIO would sit outside the business, watching and responding to requests.

Maine 199

Maine Fintech Operations Technology 199

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. For example in Argentina it was the first P2P lender to operate with the approval of the regulator, under a trust structure where Afluenta administers the trust and the money is out of its estate.

Maine 100

Maine Lending Regulation Risk Management 100

PYMNTS

JULY 27, 2020

Our surveys found that like most consumers and businesses, Main Street SMB owners thought in March that the lockdowns would last two or maybe three months tops. They want technology to expedite moving funds from their online sales into their bank accounts in real time. But even then, 58.4 percent of U.S. Cash Flow Woes.

Maine 234

Maine Payments Study Survey 234

Bank Innovation

AUGUST 14, 2017

Between keeping business users happy, integrating new technologies into the app, and preparing for an upcoming consumer rollout, Curve’s new head of operations, Rona Ruthen, has a lot to do.

Maine 199

Maine Payments Operations Technology 199

PYMNTS

DECEMBER 15, 2020

The good news, however, is that two-thirds of firms are cognizant of these issues and are actively moving away from manual processes, planning instead to embrace new technological solutions to upgrade their accounts receivable (AR) processes for more efficiency, speed and lower fees. We also found that 44.4

Study 277

Study Payments Maine Technology 277

PYMNTS

MAY 21, 2016

That, as it turns out, was the good old days of voice technology assistance. Today the incorporation of voice technology into daily activities runs the gamut, from taking music requests on-demand to ordering from Amazon to typing your texts for you. to roll out a voice technology offering. The response thus far? Phenomenal.

Technology 115

Technology Trends Maine Digital Banking 115

PYMNTS

DECEMBER 28, 2018

The court found Grab ran afoul of regulations in Vietnam because it runs a taxi business and is not just a technology company. Aside from SoftBank, Microsoft, Toyota and Didi Chuxing serve as the company’s main backers. That would be on top of the $2.7

Operations 116

Operations Maine Report Regulation 116

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex. Shell employs 8,500 people in India and retails fuel in six states. . percent by 2025.

Cards 159

Cards Fraud Operations Management 159

CFPB Monitor

JUNE 3, 2021

Ballard Spahr Senior Counsel Alan Kaplinsky hosts the conversation. Click here to listen to the podcast.

blockchain 60

blockchain Technology cryptocurrency Maine 60

PYMNTS

JUNE 22, 2020

million in funding, the startup is on track to bring a unique blend of artificial intelligence (AI) and anti-theft technology to market. The company’s second product addresses the main concern with cashierless technology, which is shrinkage. The goal of the platform is to provide three main things,” Golan told PYMNTS.

Retail 212

Retail Mobile Technology Maine 212

PYMNTS

SEPTEMBER 22, 2020

The platform, called DTransfer , is built on SatoshiPay’s blockchain technology and the Stellar network, and it touts “speed, cost and transparency” as three main benefits, according to the report. And it has signed its first client, a European business operating in sub-Saharan Africa in the microfinance industry.

Payments 248

Payments blockchain Maine Compliance 248

PYMNTS

DECEMBER 16, 2020

The mom-and-pop shops, independent proprietorships and independently owned restaurants, cafes and coffee shops that line Main Streets all over America have found themselves pushed to the brink – and are nervous about the prospect of their continued survival. But zooming in front of that result are some important nuances.

Maine 282

Maine Survey Online Retail 282

PYMNTS

APRIL 13, 2020

Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. In addition, Dylan Jones will move from payments strategy operations leader to VP of operations. He also previously worked at U.S. Bank and was in charge of fleet card programs. “As

Payments 239

Payments Portland Strategy Innovation 239

CB Insights

SEPTEMBER 16, 2021

Operating in 211 jurisdictions, PassFort caters to a diverse customer base. The post KYC And AML Compliance Technology Provider PassFort Raised $16.2M UK-based PassFort offers SaaS solutions that address compliance challenges and elevate customer experiences. It also reported that it has experienced 2.5X Want the full post?

Compliance 58

Compliance Technology Customer Experience Maine 58

PYMNTS

NOVEMBER 30, 2017

“There are any number of devices that, for example, if you’ve said, ‘Hello Alexa,’ you’re actually talking to Sensory technology,” Sensory’s chairman and CEO, Todd Mozer, told Karen Webster in a recent conversation, noting that Sensory’s close collaboration with Amazon “on a variety of projects” is also public knowledge.

Technology 107

Technology Security Mobile Branding 107

PYMNTS

DECEMBER 23, 2020

It’s been a wild ride in 2020, and something of a strange one for 5G, which was the subject of an early conspiracy that blamed the technology for the global COVID-19 outbreak. In fact, Cellwize Chief Operating Officer Dan Weil told PYMNTS that even COVID-19 itself didn’t do much to slow down 5G.

Technology 277

Technology Operations United States Industry 277