PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

Innovation 297

Innovation Fintech Cards Payments 297

Perficient

FEBRUARY 27, 2024

Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Bobsguide

MARCH 30, 2022

the global leader in multibank connectivity and communications, has announced the hire of Bernhard Kaiser as the firm’s new Chief Information Officer. Kaiser will manage Fides’ information technology strategy and execution, focusing on innovation to meet the changing needs of the market. “I Fides Treasury Services Ltd. ,

Leadership 60

Leadership Strategy Innovation Operations 60

PYMNTS

JANUARY 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. And lastly, it will be critical to continue to innovate in a way that is still safe and secure. when businesses or consumers need to deliver or receive goods, she said.

Operations 349

Operations Payments Industry Management 349

PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). In other words, PepsiCo Inc.

Innovation 148

Innovation Retail Operations Technology 148

Perficient

AUGUST 4, 2023

In today’s rapidly advancing technology landscape, businesses face a profound revolution in operations, customer interactions, and innovative endeavors. Drive innovation with creative talent and practices.” This framework is informed by customer empathy and grounded in executional know-how.

Digital Strategies 419

Digital Strategies Strategy Customer Experience Report 419

PYMNTS

JUNE 3, 2019

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that focused on data analytics said they did so to secure their operations.

Analytics 150

Analytics Innovation Data Fraud 150

Bank Innovation

JUNE 26, 2018

arm of the Spanish bank BBVA, has no designated innovation head. Instead, all innovation initiatives fall under the bank's head of business development, José "Pepe" Olalla. Olalla, who has been with BBVA since 1992, served as BBVA's Chief Information Officer […]. PREMIUM - BBVA Compass, the U.S.

Innovation 170

Innovation Mobile Operations Online 170

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. For more information about the solution, click here. EMEA PR Manager. T +44 (0)7552 865009.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

JANUARY 15, 2020

The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Another example of grocery innovation at the show involved “a small autonomous drone using computer vision and artificial intelligence (AI) to tackle on-shelf inventory visibility. Walmart’s Big Move. Consumer Needs.

Innovation 135

Innovation New Hampshire New York City Retail 135

PYMNTS

FEBRUARY 20, 2019

Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering the influx of small business FinTech innovation in recent years. “And a lot of the innovation is coming at the early stage.” ” Crossing The Chasm.

Innovation 192

Innovation Technology Strategy Fintech 192

Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Banking clients are constantly asked to provide the same information, over and over again.

blockchain 151

blockchain Innovation Customer Experience Compliance 151

PYMNTS

DECEMBER 30, 2019

This does not mean businesses are disinterested in newer payment innovations, however. percent would like to integrate ePayables with virtual cards into their broader B2B operations. AP professionals’ payments innovation fervor does not seem to be translating into the broader B2B ecosystem despite such interest.

Innovation 130

Innovation Payments Data Branding 130

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

FEBRUARY 17, 2017

In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company. companies rely on Skyward to manage drone operations, improve safety and lower operating costs. According to Verizon, outside of the U.S.,

Operations 100

Operations Portland Management Analytics 100

PYMNTS

JULY 10, 2020

Thanks to a lowered barrier to access banking services, more legal cannabis companies — often small businesses — are able to accept digital payments from their consumers, a shift that Muller noted is encouraging the owners of these companies to expand into their B2B operations as well. But current legacy rails can make this difficult.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

JULY 15, 2020

For the service providers themselves, he noted, it’s critical to have a high-touch relationship with companies that are in search of capital in order to best understand their needs and the way their business operates. But it’s just as important for the business itself to fully understand its options.

Innovation 135

Innovation Tools Strategy Management 135

Perficient

DECEMBER 18, 2023

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. Operational Efficiency and Effectiveness Adopting regulatory risk and compliance practices is not merely a box-ticking exercise. This ensures a seamless and compliant global operation.

Regulation 473

Regulation Compliance Exercises Guidelines 473

PYMNTS

NOVEMBER 12, 2020

Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said. Beyond simply rendering information into bits and bytes, he said the purpose of digitization also revolves around understanding the trends being conveyed by that data.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

JANUARY 10, 2020

Brick-and-mortar shopping isn’t going away, Target Chief Operating Officer John Mulligan said, but “inferior brick-and-mortar experiences” are certainly an endangered species in the modern retail environment. Other innovations are taking place, including at Walmart. Grocery Robots.

Retail 130

Retail Innovation New Hampshire Online 130

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage. The Value In Quick Responses .

Operations 156

Operations social media Online Survey 156

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

Innovation 150

Innovation Fintech Community Industry 150

Bank Innovation

NOVEMBER 15, 2018

Voice banking -- operating your bank account by voice -- is a hot topic in the industry today, but many questions remain. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that lives in Echo smart speakers as well as a growing array of other devices. One problem is […].

Data 186

Data Capital Operations Industry 186

PYMNTS

MARCH 20, 2019

For instance, why are there significant, revenue-draining gaps between what merchants think about payments innovation and what they actually do? Loyalty and Innovation. percent of health and beauty merchants cited customer loyalty as their reason to innovate, but only 35 percent of merchants said they’re prepared for it.

Innovation 139

Innovation Retail System Payments 139

FICO

JULY 15, 2021

But thanks to nonprofit organizations like Operation HOPE — which collaborates with financial institutions, corporations, municipal agencies, and community organizations to help low- and mid-income Americans achieve financial independence — credit education is available more widely than ever before. Operation HOPE Global Board of Advisors.

Operations 98

Operations National Community Analytics 98

PYMNTS

DECEMBER 31, 2019

Navigating the sheer multitude of options and matching information across several companies’ systems can be challenging. The following Deep Dive further explores how paper-based methods can result in processing delays and how new, cutting-edge payment innovations can drive accounts payable (AP) automation. Manual processing challenges.

Innovation 153

Innovation Payments Survey blockchain 153

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

JULY 25, 2018

After recently suspending its operations due to financial difficulties, meal kit company Chef’d has found a buyer. True Food Innovations has reportedly bought Chef’d’s assets after it closed suddenly on July 16, The Wall Street Journal reported.

Innovation 100

Innovation New York California Operations 100

Bank Innovation

MARCH 10, 2017

In fact, it is so high on their priority list, that 28% said they would give up wine forever if that would guarantee protection of their financial information. It’s not news that data privacy is a top priority for consumers when it comes to financial.

social media 191

social media Data Operations Online 191

PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue.

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

JANUARY 24, 2018

Refrigerators are very good at keeping food fresh and cold, but they do not provide much information about the products stored inside. Armed with information, the app is able to deliver notifications at 9:00 P.M. Armed with information, the app is able to deliver notifications at 9:00 P.M. Enter Chefling Inc. ,

Branding 121

Branding social media Samsung Software 121

PYMNTS

DECEMBER 31, 2020

This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). percent trust that their information is secure. Key Data Points: 68.2

Data 277

Data Innovation Payments Millennials 277

Bank Innovation

NOVEMBER 15, 2018

Voice banking -- operating one's bank account by voice -- is a hot topic in the industry today, but many questions remain. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that resides in Echo smart speakers as well as a growing array of other devices. One problem is […].

Data 150

Data Capital Operations Industry 150

PYMNTS

MARCH 30, 2020

Buoy Health, he noted, helps by connecting patients to accurate medical information and letting them know what to do next — whether that is staying home, seeking treatment digitally or heading to a physical treatment center. That number has spiked, and the goal is to make sure people are in touch with correct and actionable information.

Innovation 147

Innovation System United States Tools 147