PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market.

Payments 193

Payments Innovation National Fraud 193

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 trillion in transaction value by 2023. The surge in payments value belies the difficulties that these transactions face, however. trillion in 2020.

Payments 219

Payments Compliance Fintech Innovation 219

Independent Banker

APRIL 30, 2022

Mobile transactions. As consumers’ changing preferences prompt community banks to deliver new technologies, here are some of the top trends to keep your eye on. Let’s look at a few of these trends, how community banks can determine if they’re right for them and how to get on board. Photo by Ridofranz/iStock.

Trends 144

Trends Payments Community Bank Community 144

PYMNTS

OCTOBER 12, 2020

Consumers are still shopping online more than ever seven months into the global COVID-19 pandemic. One recent study found that new customer accounts now represent 30 percent of all transactions made online, for example, five times as many as they did prior to the crisis.

Fraud 199

Fraud Retail Online Examples 199

PYMNTS

SEPTEMBER 8, 2020

JPMorgan ’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz , told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization and move from physical to virtual accounts. The Advantages Of Centralized Access .

Management 268

Management Lending System Operations 268

PYMNTS

APRIL 10, 2020

B2B transactions expected to happen online by 2021 pre-pandemic. That’s all going to change now as B2B commerce adapts to the new realities. Data and payment APIs are flexible tools that allow banks to branch out from only offering services in physical branches,” the report states. SMBs, APIs and Open Banking.

Payments 141

Payments Report Data Tools 141

Abrigo

MARCH 7, 2022

Takeaway 2 Planning ahead and informing management of expected changes will help financial institutions adapt to anticipated rules and guidance. Anticipating change in the anti-money laundering industry. You might also like this whitepaper on combatting domestic terrorism financing DOWNLOAD . 2022 Regulatory Focus.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

JUNE 26, 2020

Countless think pieces have been written about how cash is on its last legs, but somehow it keeps sticking around. Brett Narlinger , head of global commerce at branded payments provider Blackhawk Network , said some of that stems from consumers who lack banking system access and find cash the easiest way to handle transactions.

Payments 249

Payments Retail Mobile Technology 249

PYMNTS

JANUARY 21, 2021

The core problem we are trying to solve is, ‘How do you make credit access available for small businesses, which are engaged in cross-border trade ?’” For most of these businesses, the only credit option is perhaps their local bank, and banks are just not geared to service this segment well, and there are multiple reasons for it.”.

Capital 259

Capital US Data blockchain 259

Abrigo

MARCH 11, 2022

Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance. What does this mean for the current regulatory focus for non-bank financial institutions (NBFIs)? Regulatory Focuses in 2022. Regulatory topics for NBFIs to watch for.

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Regulation cryptocurrency Policies Management 195

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q:What industry problems does Auriga’s integrated acquiring solution solve?

Innovation 147

Innovation ATM Software Policies 147

FICO

MARCH 1, 2022

Fiserv, a leading global provider of payments and financial services technology solutions, has developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients. Delivering for Small to Mid-Sized Banks.

Fraud 52

Fraud Analytics Cards Tools 52

PYMNTS

DECEMBER 24, 2020

But no one was predicting a global pandemic that would shutdown the travel industry, events and physical retail. That reconfiguration has meant that the places consumers call home have had to change, too. And the changes, now in place, aren’t moving. There’s only going home. The New Connected Command Center .

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Millennials Retail Course Report 206

PYMNTS

JANUARY 8, 2021

The pandemic is continuing to have a broad impact on the financial sphere at the start of the new year, with businesses as well as consumers adjusting their banking habits in response to shifting economic needs. Both emerging and traditional lenders appear to be making moves to do so, including legacy institution Fifth Third Bank.

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Lending Examples Tools Meeting 163

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

DECEMBER 22, 2020

In a year marked by unpredictable events, high unemployment, business closures and, of course, a global pandemic, the U.S. consumer is still standing — but how they pay has changed with the times, both out of necessity and out of convenience. A year like no other draws to a weary close. Debit Wins Out.

Cards 308

Cards Maine Millennials Course 308

PYMNTS

DECEMBER 2, 2019

It’s said that change is the only constant in life. So it is with business, with payments, with the ways we pay — when and even where and certainly how. The change is coming and can be anticipated, across C2C to B2C to B2B — and providing at least some sort of roadmap. The scope of payments?

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Course Management Payments Marketing 138

PYMNTS

JULY 26, 2019

Remittance and peer-to-peer payment technologies have accelerated transaction speeds for consumers tired of waiting days for money to move across borders. With correspondent banking relationships on the decline, financial institutions are looking for new — and faster — ways of moving money around the world, too.

Innovation 160

Innovation Payments Course System 160

PYMNTS

DECEMBER 31, 2020

In a year filled with unexpected challenges and a COVID-era economic climate that proved fatal for many companies, PYMNTS was lucky to hear directly from the front lines how scores of company leaders and industry experts were coping with the crisis and turning conflict into opportunity. billion in sales for the month of November alone.

Innovation 289

Innovation Payments Trends Regulation 289

Independent Banker

DECEMBER 31, 2022

The skills needed to succeed in the workplace are changing, with companies placing greater value on soft skills like communication and leadership. In response, community banks have an opportunity to revisit hiring policies and training programs. As a result, the skills needed in all businesses, community banks included, are changing.

Training 98

Training Community Bank Community Knowledge Base 98

PYMNTS

SEPTEMBER 11, 2020

Apple Pay Eyeing QR Code Transactions. Berkshire Hathaway now has ownership of 138 million shares in the bank for a 3.3 Visa, PayPal Expand Global Real-Time Payments Partnership. Mastercard Leads New Central Bank Digital Currency Test Platform. percent stake, marking a decline from over 8 percent in 2019.

Maine 141

Maine Apple Payments Online 141

PYMNTS

FEBRUARY 7, 2020

Visa is proposing to change its interchange rates in ways that would differ according to transactions and merchant classification. Visa is proposing to change its interchange rates in ways that would differ according to transactions and merchant classification. and Canada.

Google 123

Google Retail United States Online 123

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. The Balancing Act.

Guidelines 190

Guidelines Data Compliance Regulation 190

Accenture

MARCH 20, 2017

Banks would love to be able to use that same technique to predict and meet customer needs. Unfortunately, customer needs in banking are no longer behaving like line drives. For example, customers’ biggest driver of loyalty now is their willingness to trust banks to protect their personal data. Read the full report.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Banks would love to be able to use that same technique to predict and meet customer needs. Unfortunately, customer needs in banking are no longer behaving like line drives. For example, customers’ biggest driver of loyalty now is their willingness to trust banks to protect their personal data. Read the full report.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

OCTOBER 29, 2020

COVID-19 has greatly influenced how businesses must interact with their customers in order to survive and thrive,” said Gary Norcross , FIS chairman, president and chief executive officer. “We On the banking side, Q3 revenue increased 4 percent to $1.5 By the numbers, revenue increased 13 percent to $3.19

Technology 101

Technology Cards Retail US 101

PYMNTS

MARCH 6, 2020

1, 2019, there was no shortage of predictions about which stories would drive payments, commerce and the global financial ecosystem. But beyond COVID-19’s costs and limitations, Prideaux said, perhaps just as interesting are the adaptations and innovations that are now being pushed to the forefront to counterbalance the disruption.

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Mobile Conference Innovation cryptocurrency 150

BankUnderground

AUGUST 31, 2022

In this post, we explore three timely challenges that financial stability policymakers are likely to face in the coming years, including risks associated with: non-bank financial intermediation, cryptoassets and decentralised finance (DeFi), and climate change. Consequently, they are increasingly a source of finance for UK businesses.

Policies 82

Policies Marketing System Regulation 82

PYMNTS

SEPTEMBER 10, 2018

In the not so distant past, Xie noted, getting a bank account was only possible if someone showed up in person at a bank branch. Today, almost anyone can gain access to an account that allows them to transact online. They’re smart, organized and extremely focused, Xie noted, because there are huge financial incentives in play.

Fraud 100

Fraud System Data Technology 100

BankUnderground

NOVEMBER 2, 2022

In this post we discuss why operational risk matters for financial stability, how policymakers have responded to increasing risks from operational disruptions and the future challenges that may arise in this space. This includes not just the very large banks, but also critical financial market infrastructures (FMIs).

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Operations Policies System Regulation 87

Jeff For Banks

DECEMBER 27, 2022

Anxiety from outsiders promoting newfangled technologies that must be adapted in order for their bank to be relevant. Anxiety from insiders chiding them to innovate because this customer or that customer asked about some piece of technology their other bank has. How much longevity does the solutions provider have?

Innovation 78

Innovation Fintech Conference Austin 78

PYMNTS

NOVEMBER 9, 2020

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. How the Pandemic Changed Capital Management.

Analytics 130

Analytics Company Innovation Capital 130

PYMNTS

DECEMBER 16, 2019

Only then, he said, can one get clarity about how those dots can guide innovators about the future. Over the last decade, the combination of smartphones and apps has changed how we shop, how we pay, how we connect with people, how we discover and consume information, how we work, how we bank and even how we are paid.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JULY 18, 2019

In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.” TS Eliot wrote: “Between the idea/And the reality/Between the motion/And the act/Falls the shadow.”. Smaller Is Bolder?

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

JANUARY 1, 2020

Only then, he said, can one get clarity about how those dots can guide innovators about the future. Over the last decade, the combination of smartphones and apps has changed how we shop, how we pay, how we connect with people, how we discover and consume information, how we work, how we bank and even how we are paid.

Innovation 174

Innovation Cards Google Payments 174

FICO

FEBRUARY 25, 2022

Since May 2019, major UK banks have participated in a voluntary code - the Contingent Reimbursement Model (CRM), designed to provide funds back to the victims of authorised push payment fraud or APP fraud. The risk of losing all has just increased with UK Faster Payments raising the limit for a transaction to £1 million.

Fraud 52

Fraud Payments Taxes Analytics 52

PYMNTS

JANUARY 24, 2020

The partnership will also allow non-Chinese visitors in China to pay in-store, using a virtual UnionPay card that is autogenerated when PayPal is presented at the point of sale — a QR code is created, and funds are taken directly from the consumer’s bank account. Back on U.S. That was a lot of big news and potential out there this week.

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Payments New York Technology Marketing 131