Gonzobanker

JANUARY 16, 2018

It shouldn’t be hard to convince you that the banking industry has changed dramatically over the past 10 years. With the publication of the 2017 Cornerstone Performance Report for Banks , we decided to look at how banks’ operational performance has changed over the past 10 years, as well. That’s simply inexcusable.

Digital Banking 136

Digital Banking Online Fintech Mobile 136

PYMNTS

OCTOBER 26, 2018

Fitness tracker sales are forecast to fall by 43 million units in 2018, and are predicted to fall to 39 million total units sold by 2022. CCS further notes that much of the growth in 2018 has been driven by Apple and its smartwatch product. Source: How We Will Pay Report 2018 Edition. Source: How We Will Pay Report 2018 Edition.

Samsung 134

Samsung Apple Study Report 134

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Millennials 145

Millennials Lending System Data 145

PYMNTS

JULY 30, 2018

dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. Cambridge Global Payments works with technology firms and other players in the digital economy to come up with plans specific to their needs.

Risk Management 100

Risk Management Operations Company Conference 100

PYMNTS

FEBRUARY 7, 2019

As readers of these digital pages know, the European Union directive mandates that bank customers can use third-party providers for financial services. GDPR , which came into effect in May of 2018, offers some roadmap for PSD2, as companies grapple with data protection, storage and sharing.

Guidelines 190

Guidelines Data Compliance Regulation 190

PYMNTS

AUGUST 15, 2018

A new survey released from TD Bank suggests that real-time payments technology is beginning to capture the attention of the corporate payments world. The survey, conducted at the 2018 NACHA PAYMENTS Conference held in San Diego earlier this year, asked 390 industry professionals about their expectations from the payments industry.

Payments 101

Payments San Diego Survey cryptocurrency 101

Insights on Business

FEBRUARY 10, 2019

At Think 2019 in San Francisco, attendees will hear firsthand some of the ways that clients are using blockchain to digitize the flow of goods, information, and money across the world. Digitizing the Flow of Goods, Information and Money with Blockchain. Wednesday, 11:30 AM – 12:10 PM | Session ID: 3834A.

blockchain 128

blockchain San Francisco Industry social media 128

PYMNTS

SEPTEMBER 9, 2019

Some countries are turning to digital identities to better serve this group, with Australia implementing myGovID , an opt-in, government-provided digital identity. The offering was originally launched as a private beta in October 2018 but was recently made available on Apple’s App Store for the public at large.

Security 100

Security System Cards Online 100

PYMNTS

SEPTEMBER 13, 2018

In a new PYMNTS interview, Karl Schamotta, regional director of risk management solutions at Cambridge Global , talked about managing risk and hedging currency fluctuations in, perhaps, the world’s oldest form of production and commerce — a job that’s become more difficult in recent years, even with the benefits of digitalization.

Risk Management 100

Risk Management Operations Management Industry 100

FICO

FEBRUARY 17, 2023

From the rapid and sudden shift to online and mobile banking, to exploring artificial intelligence (AI) and hyper-personalization , the finance world is changing quickly. Banks and other financial institutions are adopting a digital first strategy, and there’s no going back.

South Carolina 52

South Carolina Fraud Management Payments 52

PYMNTS

FEBRUARY 24, 2020

How we work, pay, are paid, shop, bank, live, play, stay well and eat will continue to be transformed by innovators who understand that the digital transformations within each of these cornerstones will create efficiencies that will save people time. and end at 11:59 p.m., 24 hours later.

Innovation 209

Innovation Study Mobile Online 209

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. That’s not all — voice is becoming more emotionally attuned to consumers.

Cards 160

Cards Payments Study Examples 160

PYMNTS

SEPTEMBER 21, 2018

Augmented reality (AR) and virtual reality (VR) have spent much of 2018 generating buzz as a potential tool for retailers looking to bridge the digital/physical gap and deliver an all-encompassing, omnichannel shopping experience. The company said, too, that Ant Financial has extended credit to 11 million small businesses.

Samsung 193

Samsung Retail Training Technology 193

PYMNTS

DECEMBER 5, 2017

Projections from the United Nations show that the total number of online shoppers, as measured globally, should grow by 50 percent between 2013 to 2018 to as many as 1.62 Payment methods included credit cards, digital wallets and domestic payment options. clicks to checkout, which is down 11 clicks over the same timeframe.

Survey 109

Survey Course Mobile United States 109

PYMNTS

AUGUST 29, 2018

Hackers, crackers and cyber criminals of all makes, models and specialties are more or less ubiquitous in 2018. At Def Con, we learned that an 11-year-old was able to hack a highly accurate replica of Florida’s election website in less than 10 minutes. There are many ways to catalog that reality.

Software 102

Software Security Data Conference 102

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Cards 101

Cards Lending Strategy US 101

PYMNTS

DECEMBER 3, 2018

As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out with the old and in with the next” have been rather prevalent, and predictions for what’s coming up next in 2019 have become common editorial fodder. Medici acts a home for startups – and not only cryptocurrencies.

Data 109

Data blockchain Retail Capital 109

CB Insights

FEBRUARY 22, 2018

Digitized, secure, and tamper-proof blockchain ledgers are promising to disrupt the database as we know it. Become an expert on blockchain in this briefing. Goldman Sachs is reportedly setting up a cryptocurrency trading desk in New York that will be running by the end of June 2018, if not earlier. What is blockchain technology?

blockchain 78

blockchain Illinois cryptocurrency Industry 78

CB Insights

APRIL 17, 2018

2018 VC Report: AI FUNDING LEPT 29% IN US. 11 of the top 20 worked in big tech prior to entering VC. 10 of the top 20 worked in banking, consulting, or law prior to entering VC. After 3 years with Credit Suisse , Bill joined Deutsche Bank for a short time to focus exclusively on internet companies. STEVE ANDERSON.

San Francisco 71

San Francisco CA Capital Operations 71

FICO

JANUARY 9, 2018

Last year saw collectors making plans to deal with new regulations, as were their colleagues throughout banking. Build your 30-day plan: “IFRS 9 says if a customer’s risk deteriorates — including becoming 31 days overdue — they go into Stage 2, and you have to start holding lifetime impairment. Read the full post. Read the full post.

Analytics 40

Analytics Regulation Data social media 40

CB Insights

OCTOBER 29, 2018

Cisco and Pure Digital. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. Bank of America and Countrywide. ” 11. Date: May 21, 2009.

Google 76

Google Software Innovation Company 76

PYMNTS

JULY 25, 2019

The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques. According to Accenture , the average number of security breaches in 2018 grew by 11 percent, from 130 to 145. Humans as Weak Links. Businesses spent $2.09

Fraud 172

Fraud Analytics Security Data 172

CB Insights

MARCH 19, 2019

5G technology could help production operations in the manufacturing industry become more flexible and efficient, while enhancing safety and lowering costs to maintain. With more connected smart grids, energy management will become more efficient, reducing electricity peaks and energy costs overall. We dig in below. Manufacturing.

Industry 78

Industry Video Mobile Technology 78

CB Insights

MARCH 27, 2018

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Specifically, the company said it would launch a digital coin trading platform via its subsidiary tZero , and would raise money for it via an ICO. We’ll cover new initiatives, partnerships, and emerging areas with potential. First Name.

blockchain 48

blockchain Company cryptocurrency Bitcoin 48

PYMNTS

OCTOBER 22, 2018

Omnichannel — the buzzword many use to describe the consumer’s digital shopping journey and use to plan their product roadmaps around — is now a woefully outdated concept to describe what’s really going on. The consumer’s shopping journey isn’t just moving from physical to digital. And, boy, have things changed.

Millennials 212

Millennials Study Payments Data 212

CB Insights

MARCH 13, 2019

From gaming to healthcare to pizza delivery, US-based startups which reached unicorn status in 2018 represent a diverse range of industries. Silicon Valley produced plenty of $1B+ companies in 2018, but other parts of the country also had a strong showing. MadMen filed for an IPO a few months after becoming a unicorn.

San Francisco 77

San Francisco Company US California 77

PYMNTS

JANUARY 17, 2019

The digital age is upon us, though, and the bank is proving nimbler than perhaps some might think. billion, which grew 11 percent year on year. And what’s more, if you look at what banks have been paying on operational deposits, it’s been de minimis. News came Wednesday (Jan. and the U.K.,

Strategy 185

Strategy Fintech US Management 185

CB Insights

AUGUST 14, 2018

” In January 2018, Amazon launched its automated cashier-less Amazon Go store in Seattle. In June 2018 Amazon beat out Walmart, which was also interested, to purchase PillPack for nearly $1B. The Apple Watch was released last year, and it’s still unclear whether or not it will become mainstream. We have ‘I’.

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

PYMNTS

OCTOBER 25, 2019

Visa posted fiscal Q4 earnings results that topped expectations, driven by high single-digit percentage growth in payments volume and cross-border transactions — and where management said that B2B transactions topped $1 trillion on an annualized basis. Total transactions and processed transactions were both up 11 percent to a respective 53.2

Cards 106

Cards America United States Payments 106

CB Insights

JUNE 6, 2019

Although many entrepreneurs are keenly aware that the odds are stacked against them, few founders expect to find themselves explaining their actions in bankruptcy court — yet that’s the precise situation the founders of these 11 companies found themselves in when their ventures failed. want to know THE TOP 20 REASONS STARTUPS FAIL?

Apple 78

Apple Branding Google Company 78

PYMNTS

NOVEMBER 14, 2017

Villegas said that while credit cards are well-entrenched in North America, the same is not true on a global basis, where direct debits, real-time bank transfers and other methods may hold sway. eWallets are taking the place of traditional payment choices, such as bank transfers or cards. Data Point Two: Three Billion.

Payments 116

Payments Regional Cards Data 116

Lex Sokolin

SEPTEMBER 23, 2020

Not banks in general?—?in in fact it sits on our favorite overlooked banking infrastructure provider, The Bancorp. To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. It doesn’t want to be seen as a bank. What is it replacing?

Capital 52

Capital Software Lending Apple 52

PYMNTS

FEBRUARY 5, 2018

They looked around for places that had a large concentration of senders and receivers online and a use case for payments that needed a digital upgrade. PayPal became as the merchant of record for the little guys who couldn’t get a merchant account from traditional acquirers, serving as the stand-in seller to offer buyers a digital way to pay.

Online 112

Online Payments Fraud Cards 112

Jeff For Banks

AUGUST 24, 2022

to 12%-13% for the second half of 2021, and to single digits by June of 2022. And pray for the grapes that will soon become wine! The S&P 500 is down -10% and the Russell 3000 is down -11%, but have recovered from the lows in June. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 78

Marketing US Community Bank Study 78

Perficient

OCTOBER 2, 2020

They say that regardless of where you are in your digital transformation, it’s never too late to think about application modernization. And bare metal is in the red; obviously, this has been trending downward as things become more and more virtualized. This looks at all of the installed enterprise compute in the world today.

Software 332

Software Technology Tools Groups 332

CB Insights

MAY 23, 2019

After a comprehensive investigation by the Securities and Exchange Commission, Holmes was banned from the laboratory testing industry for two years and was ultimately charged with wire fraud by the Department of Justice in summer 2018. In September, Theranos informed investors of its intentions to formally shut down. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

OCTOBER 31, 2019

Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. At the most rudimentary end of the spectrum, there are the bots that banks use to prompt callers through a phone tree, telling them to say “yes,” “no,” “check my balance,” etc. By 2018, news coverage of chatbots was in decline.

Industry 78

Industry Examples Tools Retail 78