PYMNTS

JUNE 26, 2020

billion to acquire Zoox , the Foster City, California self-driving technology company, the Financial Times (FT) reported. . Still, some analysts say the deal is more about Amazon’s mission to fold autonomous technology into its delivery network. Today, its market value is more than $30 billion. billion four years later.

California 259

California Course Technology Report 259

CFPB Monitor

AUGUST 27, 2020

The CFPB has issued a new request for information about the credit card market that seeks comment on two related, but separate, reviews. The second review is the CFPB’s biennial review of the credit card market mandated by the CARD Act. Innovation. The RFI is scheduled to be published in tomorrow’s Federal Register.).

Cards 78

Cards Marketing Compliance Innovation 78

PYMNTS

MARCH 3, 2020

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

Michigan 218

Michigan Software User Experience Strategy 218

PYMNTS

FEBRUARY 20, 2020

In a letter to finance ministers and G20 central banks, Quarles said they’re in danger of falling further behind as the digital payments sector grows and innovates. Pressures that can lead to market fragmentation exist. He sent the letter ahead of the 2020 IIF G20 Conference happening in Riyadh, Saudi Arabia this weekend, Feb.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

MARCH 21, 2016

They account for almost half of payroll (48%) and have created about 60% of new jobs since 2009. Given the rapid growth of technology solutions that can help these businesses thrive, not to mention get an edge with their customers, PYMNTS.com and Sage set out to measure the rate of adoption of these technologies for SMBs across the U.S.

Technology 100

Technology Payments Apple America 100

Chris Skinner

JUNE 29, 2017

At the time of launch, Blackberry and Nokia were the market leaders. market share in 2007, 16.6% in 2009, according to Gartner. Today it has zero market share. Seven years later the firm sold for $7 billion to Microsoft, after wasting its market share through lack of ability to adapt to the smartphone threat.

Apple 211

Apple Mobile Marketing Technology 211

PYMNTS

MARCH 5, 2017

market, they are still far from replacing cash. In 2009, overall cash usage spiked around the global financial crisis but then went into decline, dipping to 13.1 Our partners, and 7-Eleven in particular, have always been very forward-thinking and innovative when it comes to this sort of payment technology market,” Kaplan said.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

NOVEMBER 10, 2016

Since 2009, when a recovery in the U.S. The slowing rate is worrying economists that fear it signals the economy is becoming less competitive, with big companies controlling more market share than they did in the past. Often, their technology prowess leads to productivity gains across the economy. percent and 2 percent.

Data 152

Data Innovation Report Technology 152

CFPB Monitor

SEPTEMBER 9, 2019

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews. The report discusses developments to platforms that allow consumers to manage their accounts.

Cards 60

Cards Report Marketing Leadership 60

PYMNTS

MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The percentage of unbanked people in the U.S.

America 175

America Survey FDIC System 175

PYMNTS

NOVEMBER 1, 2019

“In the past ten years, the media landscape has seen explosive growth and sophistication in the form of mobile, digital, video and OTT [over-the-top], with more advertisers trending away from traditional media like TV and print,” Baysal recently told PYMNTS for its latest Class of 2009: Innovator’s Club discussion.

Strategy 100

Strategy Innovation Video Industry 100

PYMNTS

JANUARY 9, 2020

It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. Part of the problem is the eCommerce brand’s image.

Branding 137

Branding Retail Marketing Operations 137

PYMNTS

JULY 26, 2016

First Data , “a global leader in commerce-enabling technology,” has announced a partnership with Bancolombia , a conglomerate of Latin American and Caribbean financial companies, that will “integrate and strengthen their technology platforms in order to improve and diversify services for business owners in Colombia.”.

Puerto Rico 100

Puerto Rico Data United States America 100

PYMNTS

SEPTEMBER 20, 2017

Reuters reported that Salesforce, whose software helps businesses sell, market and track customer activity, has increased its spending on research and development due to increasing competition from companies such as Oracle Group and Microsoft Corp. We want more of those companies to do these innovations on Salesforce’s platform.”.

Software 100

Software Innovation Groups Data 100

PYMNTS

JUNE 5, 2019

To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. It included “literally hundreds of payment companies,” a reflection of how the stature of payments has increased (and continues to do so) with the rise of eCommerce and other digital technologies.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

SEPTEMBER 20, 2019

Launched in Paris in 2009, Vestiaire Collective has a community of more than 8 million members in 50 countries worldwide that list 40,000-plus new pieces every week. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally. Online Luxury and the Importance of Authentication.

Online 118

Online Millennials Community Fraud 118

PYMNTS

DECEMBER 30, 2016

Richard Gilbert, Director, SME Partnerships & Business Development, North America , Payoneer : “First, advanced technology and new functionalities in B2B payments will turn directory marketplaces into transactional marketplaces.”. Third, B2B payments in developing markets will outpace mature markets.”.

Industry 125

Industry Trends Capital Payments 125

BankUnderground

JUNE 16, 2021

Galbraith (1990) : ‘the extreme brevity of the financial memory’ makes financial markets susceptible to unstable euphoria. Greenspan (1997) : ‘regrettably, history is strewn with visions of such ‘new eras’ that, in the end, have proven to be a mirage. The Bank’s Millenium of Macroeconomic Data is a good example of this.

Examples 129

Examples Policies United States Exercises 129

Celent Banking

JUNE 12, 2015

Jim covers core systems modernization, the impact of cloud computing, and treasury management technology. My coverage will be focused on the technology impacts of meeting the financial management needs of business customers, ranging from global multinational corporates to small businesses. Innovation and Emerging Technologies.

Lending 100

Lending Trends Meeting Banking Trends 100

NCR

NOVEMBER 11, 2016

If recent forecasts from the World Economic Forum (WEF) are to be believed, blockchain – the technology behind bitcoin – is set to become “the beating heart of the financial system” But some in the industry might not be entirely clear about what blockchain even is, let alone the impact it could have on how banks do business.

blockchain 106

blockchain Industry Bitcoin System 106

PYMNTS

MARCH 20, 2018

That bit of technology came in handy for, say, deducting the amount of a purchase from a card’s value. We produced a small sampling for the stores in Salt Lake City,” Ron Goade, president of SSI Technologies , said on its website. They flew off the shelves, and the market was born. The cards were an instant hit. “We Between Nov.

Cards 147

Cards Apple Mobile Retail 147

PYMNTS

AUGUST 22, 2018

As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We are redefining how fashion is bought and sold through technology, data and innovation.”. Later in the filing, the company stated, “We are a technology company at our core.”.

Online 101

Online Retail Branding Data 101

PYMNTS

AUGUST 10, 2016

PYMNTS: How does what you learn from people shape WePay’s innovation agenda? PYMNTS: Do you have any “formula” for innovation? PYMNTS: What is the one thing that people underestimate about igniting payments innovations? A lot of payments companies try to build point solutions, solving one problem related to payments.

Payments 100

Payments Software Innovation Bitcoin 100

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JANUARY 25, 2018

Beyond the technology and the plate lies concept. In an interview with PYMNTS, CEO and Founder of Reviver Auto Neville Boston said that for the firm, which traces its genesis to 2009, the “initial thought process was simplifying the registration process. The conversation, as it often does with technology, turned to security.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

JUNE 17, 2016

It has lost more than 80 percent of its market cap since its late December 2014 IPO. Bitcoin grew explosively after its 2009 introduction by becoming the currency of choice for criminal commerce, including hiring hitmen , giving the term “killer app” new meaning. This is a classic “technology-in-search-a problem” failure.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

Fintech Labs Insights

MAY 26, 2017

ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. “Fenergo is the technology platform that will underpin this initiative.”

Management 17

Management Innovation Compliance Capital 17

PYMNTS

AUGUST 2, 2017

Gaming gets much of the glory when it comes to the emerging virtual-reality ecosystem – and for good reason – the application of the technology is obvious. InContext provides that data by building the display and also employing technology like heat maps so that retailers can see how many users are being drawn to the new display type.

Retail 101

Retail Branding Data Technology 101

CB Insights

DECEMBER 5, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. American Family Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

JUNE 27, 2017

Bitcoin — and the technology that enables it — has certainly had a rather fast trip from obscurity to mainstream awareness. In January 2009, the so-called “Genesis Block” came into existence to the delight of an extremely small but very passionate cadre of cyber currency enthusiasts.

blockchain 117

blockchain Bitcoin Wisconsin Payments 117

PYMNTS

MAY 4, 2020

“We’re living in the wealthiest country in human history, and the fact that these issues still exist, it’s very disappointing, and it feels like something that technology should be able to address.”. trillion market — and although the pandemic has created a massive impetus to change, change can’t happen overnight.

Innovation 229

Innovation Data System Technology 229

PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. By 2009, A&P had shrunk in size and became a modestly sized regional chain. By 2015, it had closed its doors. percent to 2.7

Regulation 105

Regulation Online Innovation Google 105

CB Insights

JULY 16, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

APRIL 16, 2018

In 2017, these firms invested over $31B in private market funding across 1791 disclosed equity deals. Healthcare investors Novartis Venture Fund, Johnson & Johnson Innovation, SR One, Alexandria Venture Investments, Roche Venture Fund, Pfizer Venture Investments, and Novo Ventures are also featured. THE RANKINGS. Global Investment.

Capital 62

Capital Samsung Google New York 62

PYMNTS

APRIL 17, 2017

In the case of Square — the payments innovator that launched hundreds of mPOS imitators — the small problem was $2,000 worth of handblown glass that artisan Jim McKelvey couldn’t close the deal and sell. Square has come a long way from being an mPOS solution for cash-based glass blowers and farmers market purveyors. loss last year.

Apple 110

Apple Capital Cards Payments 110

CB Insights

OCTOBER 29, 2018

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: May 21, 2009. Microsoft and Nokia. Date: April 25, 2014.

Google 76

Google Software Innovation Company 76