PYMNTS

AUGUST 4, 2020

Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to the disruption had been a long time coming. And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. Lessons Learned From 2008. An Innovation Opportunity.

Capital 310

Capital Strategy Analytics Innovation 310

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JULY 18, 2019

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. So, what else does the future — the 2020s — hold for CUs?

Innovation 124

Innovation Data Cards Maine 124

PYMNTS

NOVEMBER 8, 2017

Dozens of countries already have real-time payments programs in operation, with several more under development, as identified by financial services technology provider FIS in its latest Flavors of Fast report. This scheme supports near real-time transactions and, like Denmark’s, operates 24/7.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

FEBRUARY 1, 2021

Eleven years ago, video conferencing tech was in a very different place, even though the technology itself had come a long way from the commercial launch of Bell Lab’s Picturephone in 1964. It had the “fax” problem: The only way people could see each other was if the party on the other end had access to the same technology.

US 345

US Innovation Video Maine 345

PYMNTS

OCTOBER 16, 2018

Also highlighted were investments the firm has made in expanding its merchandising; incorporating blockchain technology to improve food safety and traceability; and the deployment of pickup towers in stores to boost digital sales and delivery options. Walmart is forecasting 35 percent online business growth for next year.

Innovation 128

Innovation Meeting Retail Arkansas 128

PYMNTS

DECEMBER 22, 2020

The health crisis has forced the sector to hasten its use of technology to improve customers’ experiences at the drive-thru, to streamline curbside pickup orders and to cater to a limited number of dine-in patrons. . Since the pandemic began, we have accelerated our digital investment,” she said. “I I don’t see that slowing down.” .

Customer Experience 162

Customer Experience Tools New York Strategy 162

PYMNTS

DECEMBER 6, 2019

Fast casual chain Chipotle Mexican Grill became one of the first major restaurant brands to pioneer the mobile ordering experience in 2008. West recently spoke with PYMNTS about how the chain supports ordering innovations and examines customers’ preferences to improve future experiences. . “In Real Ingredients Meet AI.

Strategy 130

Strategy Innovation Digital Strategies System 130

PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The level of market volatility hitting the U.S. ” A Banking Pullback?

Lending 171

Lending Industry Fintech UX 171

PYMNTS

JUNE 2, 2020

Just under nine million Americans lost their jobs during the Great Recession of 2008, and it took about two years for all of those firings and layoffs to be finished. The COVID-19 pandemic has been a catalyst for small firms’ innovation, with 71.7 percent plan to maintain all of their operational shifts.”. So, what happens now?

Maine 131

Maine Survey Comparison Operations 131

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Technology.

Innovation 74

Innovation San Francisco Georgia Technology 74

Insights on Business

NOVEMBER 12, 2018

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. Next-gen means an ecosystem of standardized GRC knowledge and tools all operating together.

Compliance 107

Compliance Technology User Experience Analytics 107

Insights on Business

SEPTEMBER 28, 2018

IBM RegTech Innovations. Since the 2008 crash, the focus on the family of valuation adjustments known as XVA has intensified, and the demand for timely, accurate calculation is continually increasing. Game-changing innovation. Innovation drives business transformation. Paying the price of progress.

Innovation 79

Innovation Risk Management Maine Examples 79

CB Insights

MAY 9, 2019

Today, it seems like every large corporation has its own “ innovation lab.”. Few are more critical of the model than startup entrepreneurs and VCs, who argue that corporate innovation labs are mostly innovation theater. Get the Best of corporate innovation. Get the Best of corporate innovation. Waymo (Google X).

Innovation 76

Innovation Apple Google System 76

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

Innovation Community Bank social media Community 70

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

Compliance 150

Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

Compliance 150

Compliance Regulation Innovation Fintech 150

PYMNTS

SEPTEMBER 21, 2018

The company was founded by Portuguese fashion entrepreneur José Neves in 2008 with the goal of creating an online marketplace for luxury boutiques and brands. “We percent increase over 2016, and its operating profit was $136.9 We are redefining how fashion is bought and sold through technology, data and innovation.”

Branding 116

Branding New York Retail America 116

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. The 2008 recession resulted in government regulators tightening the standards for creditworthiness, increasing the amount of checks that lenders must undergo to approve loans.

Fintech 177

Fintech Fraud Lending Regulation 177

BankUnderground

JUNE 16, 2021

In short, history counsels caution’ Macmillan (2008) : ‘the past can be used for almost anything you want to do in the present’ Bernanke et al (2019) : ‘Financial crises recur in part because memories fade’ Perhaps we need to think beyond just crises when we consider how history can be helpful to central bankers.

Examples 128

Examples Policies United States Exercises 128

PYMNTS

AUGUST 21, 2018

Farfetch was founded by Portuguese fashion entrepreneur José Neves in 2008 with the goal of creating an online marketplace for luxury boutiques and brands. “We percent increase over 2016, and its operating profit was $136.9 We are redefining how fashion is bought and sold through technology, data and innovation.

Branding 100

Branding Retail New York America 100

South State Correspondent

JULY 12, 2023

” The State of Faster Payments The RTP network currently has approximately 351 participating banks, 23 technology providers, and a handful of correspondent banks that can facilitate payments and settlement. Get Set for Faster Payment Innovation Finally, consider all the new products that will now be derived from this payment platform.

Payments 370

Payments Management Fraud Data 370

PYMNTS

MARCH 10, 2020

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. In exchange, Grab gains greater visibility into SMB operations and performance. “By

Data 193

Data Lending Capital social media 193

Gonzobanker

DECEMBER 19, 2022

2008 called and wants its headlines back. Let’s see how this new scale allows for big investments in future innovation. His passion for innovation, community, culture, and clients provides a leadership template for all future GonzoBankers. She was a trailblazer and an early innovator in analytics. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

NOVEMBER 3, 2020

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.

eBook 141

eBook Payments Regional Company 141

PYMNTS

FEBRUARY 21, 2020

They warn that delivery is a customer-centric strategy, not a technology solution. In fact, QSR magazine says the disruption potential of home delivery is similar to the disruption felt when eCommerce gained critical mass in 2008. “A percent of large operations.

Customer Experience 146

Customer Experience Operations Millennials Online 146

PYMNTS

JUNE 8, 2017

Why is it that phone technology is so advanced, yet making any changes to how, when and where we use that technology is so, well, archaic? The cloud technology company’s goal is to make customers love their wireless carriers again. RO: Being a Silicon Valley tech company at heart, the culture is truly based on innovation.

Data 143

Data Raleigh Mobile social media 143

PYMNTS

SEPTEMBER 30, 2016

Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide. Michael is the co-founder and CEO of Forter. Karen also serves as a member of the advisory board for several emerging companies.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. Alternative lenders like Bolstr, Kabbage and OnDeck used such technologies to approve 57.2

Lending 138

Lending Study Industry Tools 138

PYMNTS

FEBRUARY 7, 2017

During his remarks at the Global Interdependence Center’s Payment Systems in the Internet Age conference, Harker focused on technology-based financial services companies that are not subject to most federal banking laws, for now, because they do not accept deposits from customers, Reuters noted.

Fintech 100

Fintech Philadelphia Regulation Conference 100

PYMNTS

DECEMBER 20, 2018

26 ,with products from the eCommerce operator averaging nearly 14 percent lower than competing retailers including Walmart and Target, according to an analysis from Profitero. months in the period of 2008 to 2010 to only 3.7 You can be sure 2019 will bring more advances for that retail technology, and more use cases and best practices.

Software 157

Software Retail Analysis Online 157

PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. Alt Lenders And Challenger Banks Target SMBs. Banks’ Corporate R&D Ramps Up.

Fintech 125

Fintech Resources Capital Trends 125

PYMNTS

MARCH 2, 2020

That’s because the pharmaceutical industry has made significant investments in technology and artificial intelligence (AI) to expedite that process. All of that is made possible by the technology, apps and networks that power use cases like these. and impact the global economy was the financial crisis of 2008, which plunged the U.S.

Innovation 281

Innovation Online Video Maine 281

PYMNTS

MAY 9, 2016

Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide. Michael is the co-founder and CEO of Forter. Karen also serves as a member of the advisory board for several emerging companies.

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

APRIL 26, 2017

Jean-Luc Robert, chairman and CEO at Kyriba , talks about his approach to innovation and what is critically important about payments in today’s market. Q: How would you define your company’s approach to innovation? A: We focus on innovating business value that meets business demand. At Kyriba we see technology as an enabler.

Risk Management 100

Risk Management Management Innovation Resources 100

PYMNTS

OCTOBER 5, 2016

Orders are speeded up at the front-end of many eateries through the use of digital kiosks, tabletop tablets and mobile phones, but there has been little displacement of workers at the back-end of food service as a result of new technology, according to Reuters. As a result, most operators do not want to assume the investment risk.

Chicago 161

Chicago National Industry Operations 161

PYMNTS

JUNE 19, 2018

And though some restaurants are making strides on technological innovation, some restaurants still have a way to go. As restaurants seek to innovate with consumer preferences in mind, here are some online features that consumers look for in their preferred restaurants: Third-Party Aggregator App.

Survey 115

Survey Cards Study Innovation 115