Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. And the winners are ….

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

APRIL 11, 2016

A roundup of new research released last week revolves around the adoption of innovation and the trend away from legacy tools. Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. But that doesn’t mean every business is keeping up with the tech times or with every kind of technology.

Millennials 100

Millennials Software social media Cards 100

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. It should be publishing informed insights but this post was more of a headline grabber from Scott A. million banking jobs by 2025.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

OCTOBER 1, 2019

Fraud has become particularly problematic in the United Kingdom, where last year card-based losses increased by 19 percent compared to the previous year. A report by Lloyds Bank noted that the share of millennial consumers who fall victim to scams increased by 400 percent in the past year, even though overall fraud incidents declined.

Fraud 156

Fraud Millennials Regulation Trends 156

PYMNTS

JANUARY 23, 2017

And it also gave him a taste for what it felt like when those well-heeled colleagues disparaged the military and/or the working class in front of him, not knowing (or imagining, even) that their Yale-educated colleague was a card-carrying member of both. WHAT DO HILLBILLIES HAVE TO DO WITH PAYMENTS INNOVATION? BY THE NUMBERS.

Innovation 100

Innovation Payments Taxes Policies 100

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 11, 2016

The army of Snapbots are debit card- and credit card-compatible, ready for a new type of Snapchat customer to fork over their payment. It’s not just millennials and post-millennials using a free service any longer. Snapchat may just get the best of both worlds. First and foremost, they’re not redundant.

Millennials 143

Millennials Video Retail Regional 143

Abrigo

OCTOBER 15, 2014

This is certainly an interesting innovation, but many bankers may be asking themselves if it’s a practical one. Offering convenient ways to bank can be an appealing option to draw in those new customers, particularly for the millennial generation.

social media 150

social media Apple United States Innovation 150

PYMNTS

MARCH 5, 2017

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. percent in 2015. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States.

Technology 100

Technology San Francisco Analysis United States 100

Fintech Labs Insights

SEPTEMBER 22, 2015

Though FinovateFall is behind us, it has left us with a slough of new innovations, piles of fresh business cards, and a full list of press coverage. Bank Innovation. The Latest FinTech Innovations For Millennials. By Millennial EH. Mobile, onboarding among dominant themes at FinovateFall 2015.

Millennials 12

Millennials Video New York Innovation 12

Gonzobanker

OCTOBER 6, 2015

While bankers may be a bit fatigued this year by articles about payments, the more enlightened Gonzo bankers are paying close strategic attention to the single most impactful payments trend in our industry: the shift from a plastic card to a “card-not-present” world. times faster than card-based transactions.

Cards 60

Cards Fraud Apple Google 60

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

APRIL 11, 2017

There’s little doubt that the home share sector is beginning to boom globally among business travelers, with millennials adopting the practice at a greater rate than their older counterparts (as millennials are wont to do). To date, the company reports renting out over 115,000 room nights from more than 800 corporate clients.

Millennials 100

Millennials Regional Marketing Report 100

PYMNTS

OCTOBER 28, 2016

Owning a home might still be a significant piece of the American Dream, but with two-thirds of American millennials currently renting , it could be a far-fetched dream for young renters. For decades, checks have long been the primary method for rental payments, but for millennials, everything is changing.

Payments 100

Payments Software Millennials Management 100

Independent Banker

NOVEMBER 25, 2015

It’s a worrisome and complicated dynamic that’s putting competitive pressure on community banks, but it’s also creating opportunities through data analytics, partnerships and the ability to innovate to meet evolving customer demands. “We See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.).

Community Bank 70

Community Bank Community Analytics Lending 70

Fintech Labs Insights

SEPTEMBER 21, 2015

And FinovateFall 2015 is no different. Often irreverent, but always ready to give a tip of the hat to true innovation, that’s our crowd and the truth is that our Finovate conferences just wouldn’t be the same without ’em. Pedro Gaspar (@pgaspar) September 17, 2015. Trak Lord (@traklord) September 16, 2015.

UX 12

UX Fintech Innovation Community 12

NCR

MAY 9, 2017

But technology innovators and financial institutions have worked together for generations. Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank. billion.

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. In the U.S. trillion and $1.5 Online Resale.

Online 101

Online Fraud Branding social media 101

Fintech Labs Insights

SEPTEMBER 17, 2015

The Best of Show votes for FinovateFall 2015 have been cast and counted! After two days and 70 live demos of the latest in fintech innovation, our attendees have made their opinions known as to which companies have earned the title of “Best of Show” ( see footnotes for voting methodology ). We’ll see you next year!

Innovation 12

Innovation Millennials Technology blockchain 12

PYMNTS

JANUARY 2, 2017

The goal: to start a conversation by taking a fresh look at how the ecosystem is changing, innovating and disrupting — all at the same time. Walmart’s revenues of nearly half a trillion dollars ($485 billion in 2015) and 2.2 Millennials Are In For Some Hard Times. million employees — half of whom are in the U.S. population.”.

Millennials 119

Millennials Apple Retail Mobile 119

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. Not because he didn’t have a buyer, but because his buyer didn’t have that much cash— and McKelvey didn’t take credit cards.

Apple 110

Apple Capital Cards Payments 110

Fintech Labs Insights

JANUARY 8, 2016

2015 was quite a year for the 800+ Finovate alumni. Here are the highlights from the 2015 Best of Show winners: FinovateEurope 2015. October: Named FinTech Forward 2015 Company to Watch. December: Mentioned in KPMG’s H2 Ventures Fintech 100 report as one of the 50 Global Fintech Innovators to watch.

Innovation 12

Innovation Mobile Fintech Cards 12

NCR

FEBRUARY 17, 2017

In the rush to serve the tech-savvy millennial market and keep up with the latest developments in mobile and digital banking, some FIs might fall into the trap of overlooking traditional channels. million in 2015. Why the ATM is key to omnichannel. That figure is expected to increase to four million by 2021.

ATM 85

ATM Mobile Strategy Fraud 85

PYMNTS

OCTOBER 27, 2016

UAE’s global remittance platform enables consumers to make a new account quickly by scanning a government-provided ID card. Aside from EMV solutions, UAE Exchange teamed up with digital identity company Jumio to provide bolstered digital protection for processing money transfers. About The Tracker.

Payments 100

Payments Software Meeting Management 100

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. additiv develops and implements digital innovations and business models for financial services providers. Adobe is changing the world through digital experiences. Dynamics, Inc.

Company 12

Company Software Analytics Mobile 12

Fintech Labs Insights

JULY 16, 2015

After a month-long screening process, we narrowed the pile to the newest and most innovative ideas in fintech. Dynamics’ Next Generation Payment Cards crack a 30-year lack of card innovation by embedding a full computer architecture inside a payments card.

Company 12

Company Mobile Software Big Data 12

PYMNTS

MARCH 19, 2018

And not even because they’re job destroyers, which he said is the natural consequence of innovation, and innovation is goodness. How about Facebook gift cards? You notice it’s your friend’s birthday and have the perfect opportunity to send a … physical gift card that they receive 10 days after the event.

Google 148

Google Apple Retail Millennials 148

PYMNTS

SEPTEMBER 6, 2016

Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. It’s not exactly a newsflash, Jenkins said, that the rate of innovation in payments over the last four years has been fast-paced, transformative and disruptive.

Security 100

Security CA Payments Big Data 100

NCR

DECEMBER 19, 2016

From the gradual adjustment to EMV chip card technology in the US to the ongoing growth of fintechs and challenger banks, 2016 has been a big year for the financial services sector. EMV chip technology for credit and debit cards was rolled out in the US in October 2015. Getting onboard with EMV. Unpredictability in payments.

blockchain 40

blockchain Fraud Fintech Cards 40

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. Payments today are complemented by credit cards, mobile wallets and even Amazon Pay.

Millennials 109

Millennials Video Maine Operations 109

PYMNTS

JUNE 25, 2018

I’ve been writing about the impact Amazon would have on the consumer’s grocery shopping journey and disruption to the grocery segment since Amazon introduced Dash buttons in March of 2015. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

OCTOBER 21, 2016

Every innovator can point to something that stirred up their passions for changing the world and working 100 hours a week to make their vision a reality. A property manager isn’t going to rent a three-bedroom apartment versus a two-bedroom apartment simply because they accept credit cards,” Villante told Karen Webster.

Software 100

Software Payments Management Cards 100

PYMNTS

APRIL 11, 2016

I was reminded of this phenomenon recently after scanning a bunch of stories that described a variety of “disruptive” innovations in payments. It’s also true that the tools available to innovators today make platforms easier than ever to create. Even payments cards charge both sides. iHeartDogs — The ‘Uber’ of dog walking”.

San Francisco 100

San Francisco Operations Examples Branding 100

Fintech Labs Insights

JUNE 17, 2016

Just in time to remind you of what would make a great Father’s Day gift, stock gift card company Stockpile acquired SparkGift, a startup behind a similar stock egifting idea. In 2015 the company partnered with Blackhawk Network to offer physical gift cards in denominations of $25, $50, and $100 at select U.S. retailers.

San Francisco 12

San Francisco Millennials Course Cards 12

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Chip card reader for when customers are shopping online to improve security. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

PYMNTS

AUGUST 6, 2018

In 2015, Grubhub extended its model and stepped into the delivery business, first through the acquisitions of local platforms that both enabled online ordering and offered delivery services and later through the expansion of their own delivery capabilities — recruiting drivers and building out tools to support the delivery side of their business.

Online 125

Online Branding Mobile Millennials 125