PYMNTS

JANUARY 18, 2018

The regulatory pressures on banks is not only fierce, it’s also continually changing, forcing financial institutions (FIs) to invest vast resources to stay on top of evolving rules. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Optimism Up. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

JULY 30, 2018

For many companies, 2018 is a year of regulatory change: In Canada, for example, there are proposed changes to the Canadian Payments Act that could result in the creation of a non-bank associate member role for Payments Canada. The move is significant, as the only members at the moment are financial institutions (FIs).

Innovation 103

Innovation Payments New York California 103

Payments Source

DECEMBER 29, 2017

They had invited me to their Siemens Innovation Day in mid-December 2017. It immediately struck me as having the potential to be very vital for the connected innovation I see, as our future. Using a Resource Description Framework (RDF) a group of companies has been working with this in recent months.

Innovation 86

Innovation Data Industry Resources 86

William Mills

JANUARY 25, 2018

William Mills Agency, the largest independent public relations and content marketing firm specializing in the financial industry, released its 15th annual financial services industry report, Bankers As Buyers 2018 today. Future Innovations. The report includes industry research about what technology, solutions and services U.S.

Report 40

Report Technology Innovation Atlanta 40

Gonzobanker

NOVEMBER 28, 2017

In our travels, certain payments-related messages have surfaced over and over, and as we enter 2018, bankers need to pay attention to these five themes: 1 – Debit: In 2018, market forces will take 3% of banks’ current interchange income. 24 this year), and 2018 won’t be any different. Let’s make that happen in 2018.

Payments 87

Payments Fraud Cards Strategy 87

PYMNTS

AUGUST 6, 2020

trillion in 2018. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. Artificial intelligence (AI) is also driving payments innovations, with a study finding that it could add $1.2 How Customer Expectations Have Driven Payments Innovation.

Regulation 245

Regulation Payments Innovation Fintech 245

CB Insights

NOVEMBER 9, 2018

After the success of Corporate Innovation Theater , we wanted to issue a more comprehensive guide to corporate innovation. Given the importance of innovation to drive the longevity, growth, and competitiveness of large corporations, here are 19 bulletproof strategies you can use to look innovative.

Innovation 78

Innovation Strategy Google Meeting 78

Abrigo

JUNE 10, 2020

Adequately staffed and risk-focused AML resources with good documentation are critical. Adequate, risk-focused AML resources are critical. Get adequate resources. You must find a way to get the resources, and I think that message is coming around loud and clear these days.” Focus BSA/AML resources on risk.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

NOVEMBER 19, 2018

NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. Our goal is to be thoughtful and inclusive as we look to build resources that can serve the entire financial services ecosystem. to move into the next phase of development.

Report 158

Report Payments Resources Meeting 158

PYMNTS

OCTOBER 22, 2020

The release goes on to say that the VoiceHub platform can create models either custom-branded or based on the most popular voice assistant platforms, which can make it flexible for everything from ultra-low-power, limited-resource wearables to more high-power functions.

Training 174

Training Millennials Resources Study 174

PYMNTS

APRIL 1, 2020

Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features. percent reporting in the PYMNTS Credit Union Innovation Index that they would switch financial institutions (FIs) due to a lack of innovation.

United States 181

United States Innovation Online Tools 181

PYMNTS

DECEMBER 21, 2020

In 2018, Apple veteran Doug Field , who had worked at Tesla , returned to the project and laid off 190 people from the team the next year, Reuters reported. If there is one company on the planet that has the resources to do that, it’s probably Apple. The company may rely on a manufacturing partner for building the vehicles.

Apple 332

Apple Resources Survey Report 332

Perficient

JULY 30, 2020

She also emphasizes that it is never too late to start advocating for yourself, and she points to the variety of resources Perficient provides to help jumpstart the process, such as blogs and employee resource groups, READ MORE: Two Perficient Colleagues Recognized in CRN’s 2020 Women of the Channel.

Boston 452

Boston Community Resources Technology 452

PYMNTS

OCTOBER 29, 2018

Power 2018 U.S. Aside from the table stakes requirement of showing customers that they are appreciated, banks need to focus on better integrating scarce high-touch resources with innovative digital tools to meet the demands of small businesses.”. Power 2018 Retail Banking Satisfaction Study and the J.D.

Regional 153

Regional Study Management Resources 153

PYMNTS

AUGUST 27, 2020

As we continue to collaborate with innovative financial applications companies across the country, such as Bill.com, we strive to make it easier for customers to get business done," she said, according to the release. The company is popular for smaller companies that don't always have the resources to build up digital payment options.

Online 152

Online Resources Software Management 152

PYMNTS

DECEMBER 12, 2019

Silicon Valley software innovator LeanTaaS closed a $40 million Series C3 funding round led by Goldman Sachs , LeanTaaS announced in a press release on Thursday (Dec. trillion in 2018. LeanTaaS helps hospitals and health systems to increase access, as well as lower costs, through prescriptive and predictive analytics.

Software 130

Software Analytics Resources Leadership 130

PYMNTS

JANUARY 23, 2020

World Bank figures show that Egypt is ranked fifth in worldwide remittances, and the amount it received went up 17 percent in 2018 to $29 billion. percent of the country’s GDP in 2018, and they are Egypt’s second-biggest source of out-of-country exchanges after exports. Remittances made up 11.6

Payments 130

Payments Resources Innovation Marketing 130

PYMNTS

MAY 3, 2020

RBS is looking to focus resources on Mettle, the second of its two digital-only challenger brands. We’ve always said that we will look to innovate. Bó was first launched by RBS in September 2018 to address the increasing popularity of newer electronic banks like Monzo, Revolut and Starling.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. The blockchain is gaining traction in India , where the market for such technology is projected to grow at a compound annual growth rate (CAGR) of 58 percent during 2018 to 2024, according to a report from 6Wresearch.

blockchain 109

blockchain Georgia Fintech Innovation 109

PYMNTS

DECEMBER 1, 2017

The diversity of Smart Path proves how quickly the pace of innovation is happening in so many areas,” said Mastercard Smart Path vice president Amy Neale in a statement. Providing a range of companies with the resources and introductions they need to scale allows us to enable new ways to build the future of commerce together.”.

Groups 147

Groups Resources Fintech blockchain 147

William Mills

JANUARY 25, 2018

Every year we strive to build a report that identifies the trends and major drivers in banking innovation. Haves and Have-Nots – Large financial institutions have people, budget and access to resources, which give them an edge on innovation. We are pleased to provide you with our views on 2018 key areas of interest for bankers.

Report 40

Report Bitcoin Strategy Innovation 40

PYMNTS

DECEMBER 4, 2020

Corporates, banks and financial institutions (FIs) have decentralized systems over time, putting up data siloes and “between [enterprise resource planning], source to pay and the final execution of the invoice payment, add[ing] layers of manual inputting for AP professionals.”. Non-Optimized No Longer An Option.

Resources 142

Resources Operations System Capital 142

PYMNTS

FEBRUARY 3, 2020

This prospective growth can largely be attributed to the Monetary Authority of Singapore (MAS), the region’s main regulator, which announced in June 2018 that it would grant five digital banking licenses to third-party companies. What we see is an opening up of customer data as a ground-up [innovation] process led by the banks themselves.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

CB Insights

SEPTEMBER 26, 2018

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

Innovation 73

Innovation Cleveland New York New York City 73

PYMNTS

MARCH 4, 2020

FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly.” . In February 2018, FinCEN collaborated with the Office of the Comptroller of the Currency (OCC) and the U.S. Bank that capping the system due to staff size and available resources could trigger enforcement. .

US 130

US Regulation cryptocurrency Resources 130

PYMNTS

DECEMBER 19, 2018

As far as B2B FinTech goes, much attention has been paid to empowering a range of processes, including accounts payable, expense management and financial analysis — many of which had previously been a part of the Enterprise Resource Planning (ERP) solution.

Survey 172

Survey Software Data Resources 172

PYMNTS

APRIL 17, 2020

The drive-thru, which captured 70 percent of quick service restaurants’ (QSRs’) total sales in 2018, has become a critical focal point as dine-in seating areas are closed to slow the spread of the coronavirus. Other players in the space are rolling out innovations to support restaurants’ efforts to improve customers’ experiences.

Customer Experience 167

Customer Experience Operations Technology Branding 167

PYMNTS

MARCH 28, 2019

My biggest priority is to ensure that the company is in a constant position to deliver innovation,” Shin said in an interview. “As In 2018 Line posted its first annual loss since its listing in 2016. According to Shin, the biggest fear is that Line won’t be able to offer an innovative environment to lure the right talent.

Fintech 174

Fintech Payments Innovation Resources 174

PYMNTS

DECEMBER 20, 2018

According to a report in Reuters citing Shawn Melamed, Morgan Stanley’s head of technology business development and innovation office, Melamed said the company is streamlining documentation and expanding the instances where executives can look at new products in an effort to improve partnerships with startups.

Fintech 192

Fintech New York Meeting Resources 192

PYMNTS

DECEMBER 4, 2018

In fact, the number of Same Day ACH transactions rose by 192 percent in Q3 2018 over the same period from the previous year. NACHA’s Payments Innovation Alliance is one player working to make it easier for FIs to engage in faster payment schemes. The uptake of faster payment systems keeps going up — and up, and up. Faster Payments.

System 175

System Resources Meeting Payments 175

PYMNTS

AUGUST 10, 2020

trillion in 2018, marking a $10.25 The following Deep Dive explores how each of these factors is driving FIs to embrace fresh, innovative payment solutions as well as the consequences they could face if they do not. Developing new programs and innovations can be a massive time sink for all businesses, especially banks.

Payments 222

Payments Innovation Study System 222

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. percent increase from 2018. million in 2019 — a 1.5 The same report found that the total cost of a data breach had risen 12 percent since 2014.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

JUNE 24, 2020

trillion in premiums for 2018, according to one recent report , a notable portion of the wider industry’s approximately $5 trillion in revenue that year. Today’s policyholders are much more tech-savvy and use digital solutions in much of their daily lives, meaning insurers must find innovative ways to send funds. It represented $1.6

Industry 152

Industry Payments Examples System 152

PYMNTS

NOVEMBER 19, 2019

In the latest Digital Banking Tracker , PYMNTS looks at how banks are currently approaching their use of AI and machine learning in fraud protection and technology innovation. Financial institutions (FIs) are also fending off fraud from false banking apps, a method that has seen a 63 percen t rise since the last six months of 2018.

Fraud 109

Fraud Digital Banking Innovation Data 109

PYMNTS

APRIL 4, 2017

He said, “I’m honored to have the opportunity to lead this innovative company, and with a strong leadership team and experienced employees, we’ll be well positioned to meet the evolving prescription drug needs of consumers. Full integration of Walgreens with Prime is expected to be complete by early 2018.

Resources 100

Resources Leadership Innovation Meeting 100

PYMNTS

MAY 28, 2020

Canada’s six largest lenders spent more than CAD $100 billion ($71 billion USD) combined on technology between 2009 and 2018, investing in check image capturing, electronic transfers, integration with digital payment systems and a host of other banking advancements. Deep Dive: APIs’ Role In Fueling Digital-First Banking Innovation.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

JUNE 13, 2019

Fighting bad actors is particularly challenging for those in the banking industry, which lost more than $31 billion to fraud in 2018 and is projected to lose even more as cybercriminals become more sophisticated. The bank implemented a data-based fraud detection initiative in 2018 to help combat this problem with false positives.

Fraud 128

Fraud Analytics New Jersey Data 128