PYMNTS

OCTOBER 1, 2020

Founder Dan Muller described his company in an interview with PYMNTS as “a payment platform based on the concept of a smart bank transfer.” Large B2B wholesalers, distributors, cultivators delivery platforms are all transacting in large amounts of cash.”. Where AeroPay’s offering can help eliminate convenience fees).

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PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. IAC is what is known as a “blank check” merger company that trades financial assets for stakes in companies that will go public. The automotive evolution to Digital 3.0

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PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. Interoperability is a core component” of FedNow, said Montgomery.

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South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

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PYMNTS

APRIL 15, 2020

The coronavirus pandemic has exposed vulnerabilities across doing business as usual, as the nature of commerce and how we pay has changed on a dime, moving online with breathtaking speed. Where We Are Now — And Where We Are Headed. But those software providers can only do that with actionable insights gleaned from data.

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PYMNTS

JUNE 29, 2020

The bump in digital banking popularity means financial institutions (FIs) offering such services must keep them fast and seamless to avoid losing customers to other providers that can support their needs. eight months ago and runs on a cloud-based platform supported by Amazon Web Services (AWS).

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PYMNTS

JANUARY 22, 2021

Morgan ’s global head of core trade. In " A Look Forward: What Executives Wish for America and the World in 2021 ," Condon discusses how the pandemic has challenged global trade and payments, and how platforms must start to effectively interoperate to keep trade flowing. It’s here to stay.

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PYMNTS

FEBRUARY 5, 2020

There’s the lure, the deal – and then, perhaps, the “what now?”. As has been widely reported, the Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), has made an offer to buy eBay. At this writing, no formal offer has been made public – and ICE itself said in a statement on Wednesday (Feb.

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PYMNTS

AUGUST 8, 2019

That’s why companies from rideshare services to ticket platforms are moving to innovate their payments experience as a way to differentiate themselves from their competitors. For platforms like Airbnb , enabling an easy payments experience has not just become key to staying competitive, but also improving engagement.

Payments 189

Payments Marketing United States Retail 189

PYMNTS

OCTOBER 1, 2020

Reliance Retail operates what it calls India’s fastest-growing and most profitable retail business, which serves nearly 640 million shoppers across its 12,000 stores in India. billion in Jio Platforms Ltd., Also this month, Reliance offered to sell a $20 billion stake in its retail division to Amazon.

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FICO

MAY 17, 2023

We have a once in a generation opportunity to create the next generation financial services ecosystem. As a company we have spent a tremendous amount of capital and resources, in building and developing what is going to be a platform that will power this vision. Here’s what they found. Not anymore.

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PYMNTS

SEPTEMBER 26, 2019

26) that it would merge its food delivery and ride-hailing applications in a way that would bring its offerings together as “the operating system for your everyday life,” as CEO Dara Khosrowshahi said. The new slate of offerings and the app mergers were announced in San Francisco.

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PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. As Sjöblom noted, in Europe, the rise of digital-only financial services challengers — which has produced Starling Bank and others — have produced lower operating-cost models than their traditional FI brethren. “On

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PYMNTS

MARCH 4, 2020

As for an overarching theme toward what might be termed “intelligent engagement in banking,” DeLuca told Webster that “we call it a transition from systems of record to systems of engagement.”. They might not care what the label attached to the technology is, but they do want their banks to know them better. The Use Cases.

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PYMNTS

DECEMBER 20, 2019

A decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. We were kind of the original disruption in the fashion retail space, as it brought the concept of sharing a closet to the forefront in 2009. The Right Tailwinds.

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PYMNTS

JUNE 1, 2020

This crisis is, if anything, accelerating the growth of digital platforms,” Mudassir Sheikha told CNBC on Sunday (May 31). “A So, fundamentally we believe we’re in a very strong place … as a digital platform to come out stronger.”. Last fall, Uber signed an agreement to buy Careem for $3.1 Careem has 33 million customers and 1.2

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Cisco

JANUARY 26, 2022

Incumbent financial institutions continue to build trust- based relationships through the expertise of their financial professionals while pursuing digitization to optimize customer experience and improve operational efficiency. Digitize Core Businesses End-to-End.

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Meeting Customer Experience Study Tools 100

PYMNTS

FEBRUARY 14, 2020

directive has its challenges in a world where, so far, there are no global or even regional standards as to what data can be collected to create, maintain or verify identities. The Core Principles. But what we need is a few model examples to build really successful ID schemes around. Cohen told Webster the U.N.’s

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Independent Banker

OCTOBER 31, 2022

What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. It also forces banks to address the fundamental question of what a financial institution is—and what value it provides. By William Atkinson.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Independent Banker

MARCH 31, 2022

Making the switch to a new core technology provider can be a daunting task, since many core relationships last years, if not decades. Two years before changing core processors, Asian Bank began conducting weekly meetings to brainstorm attributes its dream core provider would possess. Photo by RYosha/iStock. Quick Stat.

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Independent Banker

JANUARY 31, 2022

And so when we hit some of those, we’re hoping not too far into 2022, we’ll be able to give you a more specific implementation window.”. We remain on track to go live with the FedNow Service in 2023, beginning a new era for the U.S. We actually, as a result of COVID, had bumped up our adoption of a new online banking platform.

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Community Bank Community Resources Fraud 91

PYMNTS

APRIL 11, 2019

A service that offers — as MoviePass has (on and off) — unlimited movies at the theater of one’s choice for a flat $9.99 What’s not to love? Without any special partnerships in place with theater operators, MoviePass was selling subscriptions for $10 a month, but purchasing the movie tickets themselves for $9.11

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PYMNTS

NOVEMBER 25, 2019

eBay, faced with tepid growth in active sellers, and pressures on top line growth for its core business, has just taken a big step in its ongoing review of what’s working and what needs to change. 25) that it will sell its StubHub ticketing operations to Viagogo Entertainment Inc., To that end, eBay said Monday (Nov.

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PYMNTS

JULY 30, 2020

It’s something we’ve talked about for years … and now it feels to me like it is actually going mainstream.”. It’s core to their profitability, and I think they’re misaligned,” he said. “It’s NowRX acquires new customers for its cutting-edge platform with some old-school techniques.

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PYMNTS

JANUARY 20, 2021

What a lot of people have missed, he said, is that title companies have an opportunity to digitize the entire process. Both moves come as the pandemic made the long-term value of a fully digital closing platform clear in a business that has historically depended on manual processes. That’s just a lot.”. Selling Automation. “Our

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PYMNTS

JANUARY 10, 2020

Other than being small, they’re a rather diffused group in terms of who they serve, what they sell, their scale of operation and a host of other factors that make it complex to find a common thread to serve. Faire, in many ways, is leaving the core of the experience intact, he noted. What You Can’t Find On Amazon.

Retail 134

Retail Tools Examples US 134

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Photo by Janimal Photography. MainStreet Bank in Fairfax, Va.,

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PYMNTS

JANUARY 7, 2020

The good news: There is no shortage of innovative ideas and options for today’s FIs to offer to their customers: digital wallets, P2P payments, card controls, fraud and security protection, and loyalty and rewards perks among them. What separates the two groups? The New Core Competencies.

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PYMNTS

MAY 20, 2020

The majority of firms we talked to in our most recent survey of SMB owners believe that what’s happening now will mark a change in how they do businesses going forward. They aren’t looking to abandon or even drastically curtail their physical operations, but want to expand their offering set to be less reliant on them.

Maine 177

Maine Fintech Retail Online 177

Gonzobanker

JULY 20, 2022

The bottom line is this: most banks lack the true management leadership and operating disciplines necessary to execute successfully on digital. When a bank operates this way, the focus tends to be around operational uptime, security, and incident management while insufficient attention is given to the end-user customer experience.

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

PYMNTS

JULY 25, 2017

Payably, a mobile payments solution that integrates into QuickBooks, has announced a new partner, CardConnect, to enhance its offering. Through these partnerships, we are able to better service our SME customers both directly and indirectly.”.

Analytics 112

Analytics Mobile Resources Payments 112

PYMNTS

DECEMBER 6, 2019

Investing in digital ordering experiences is now a core part of the company’s business model, according to Nicole West, Chipotle’s vice president of digital strategy and product. In addition to menu innovation, digital innovation is core to the experience we are looking to deliver to our customers,” West said. . “In

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PYMNTS

APRIL 29, 2020

Alphabet , the parent company of Google , gave several gives and takes for its first quarter ending March 31, showing the tailwinds of strong consumer demand for mobile tech hardware and apps, and a strong start, tempered by headwinds, in parts of its core advertising business. billion, better than consensus estimates by about $990 million.

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PYMNTS

SEPTEMBER 11, 2019

In France, Treezor , a banking as a service platform, said this week that has deployed the Thales SafeNet Data Protection On Demand solution for what is being billed as “safety across the entire payment chain, from tier one banks and neo banks to crowdfunding organizations,” as noted in a release. Banking on Banking Licenses.

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Digital Banking Regulation Payments cryptocurrency 177

PYMNTS

FEBRUARY 19, 2018

Iconic French fashion house Chanel has inked a strategic partnership deal with online designer marketplace Farfetch that will focus on deploying the latter’s operating system within the confines of Chanel’s physical boutiques, according to industry news source Business of Fashion. We are talking about a transformation.

Customer Experience 122

Customer Experience Online Strategy Retail 122

PYMNTS

JANUARY 14, 2020

On a conference call with investors following the announcement, Visa CEO Al Kelly said that “Plaid opens up new market opportunities by significantly expanding Visa’s network capabilities,” adding that Plaid provides “a terrific platform for extending” Visa’s integrated payment solutions and value-added services. The money movement?

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Fintech Data Payments Capital 157

Gonzobanker

DECEMBER 17, 2021

We know the change is permanent, but we can’t yet see exactly what it will all look like. We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. Answer: they made progress.

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