Bank Innovation

FEBRUARY 2, 2018

As online banking becomes more popular, countries are grappling with cybersecurity. Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […].

Fraud 246

Fraud Digital Banking Cards Online 246

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. From Betty Crocker to Boxed.

Innovation 135

Innovation Online Branding El Paso 135

Bank Innovation

JANUARY 10, 2018

Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 because there “wasn’t a lot of innovation that was happening in the digital banking space,” […].

Texas 170

Texas Mobile Software Digital Banking 170

PYMNTS

NOVEMBER 14, 2019

With 80 percent of our online transactions being made on a mobile device, we are looking to provide even more options for our customers using our digital platforms,” said MoneyGram President and CEO Alex Holmes. “It’s MoneyGram is an innovative company and their omnichannel strategy helps give these customers more choice.

Mobile 253

Mobile National Tools Strategy 253

PYMNTS

AUGUST 20, 2018

But here’s the rub: The guilty verdict was made on the basis of A&P’s use of supply chain innovations to lower prices to consumers. By 2009, A&P had shrunk in size and became a modestly sized regional chain. Its failure to keep innovating in the face of new players that did was A&P’s downfall. Lower prices.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

JUNE 26, 2020

Last year, Amazon participated in a $530 million funding round for autonomous technology firm Aurora Innovation. If it closes, the deal would represent Amazon’s second-biggest acquisition since the 2009 purchase of online shoe retailer Zappos for $1.2 Last month, PYMNTS reported Amazon was in talks to buy Zoox. We believe $1.1

California 259

California Course Technology Report 259

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We are redefining how fashion is bought and sold through technology, data and innovation.”. Within that, how much is online?

Online 101

Online Retail Branding Data 101

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 28, 2020

In the May Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the challenges facing deployment of APIs amid the COVID-19 pandemic, new online initiatives from nationwide FI chains and community banks and the security challenges that are plaguing digital banking programs.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. No, we’re not talking about the launch of Square – that was in February of 2009. We always want to talk to innovators and those who understand them best. Well, that’s how we remember it, anyway. In The Beginning.

Innovation 177

Innovation Payments Cards Retail 177

Bank Innovation

NOVEMBER 16, 2017

Alibaba Group created Singles Day back in 2009 as an annual shopping bonanza with various sales and offers. China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held on November 11 each year, processed nearly 1.5 billion transactions on that day, reports say. It is […].

Groups 210

Groups Report Online Retail 210

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

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

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Step back a bit first.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

NOVEMBER 8, 2019

The event was started in 2009 by then-Chairman and CEO Daniel Zhang. It is now the biggest online shopping event in the world, rivaling that of Cyber Monday and Black Friday. Some of the most innovative marketing campaigns and new product launches are coming from U.S. About 24 percent of U.S. brands this year,” Fan said. “I

Branding 105

Branding Online Retail Innovation 105

PYMNTS

NOVEMBER 12, 2018

million in sales on the first event in 2009. When we talk about new retail, we strongly believe that online commercial world and offline brick mortars are not separate worlds. It’s all about how to innovate online and offline to a whole digitalized commercial world,” Zhang told CNBC.

Retail 158

Retail Mobile Online Groups 158

PYMNTS

NOVEMBER 1, 2019

The iPhone was years away, online video streaming remained a novel concept and the idea of skipping the commercials had only reached the hands of TiVo’s newest customers. In response to this decade of change, innovators are stepping in to bridge that divide. Cash Flow Bottlenecks.

Strategy 100

Strategy Innovation Video Industry 100

Bank Innovation

FEBRUARY 7, 2017

The baby unicorn—Slack was founded in 2009 and Read More. But unlike the host of other companies, which have chosen to launch on the chatbot-heavy Facebook Messenger platform, PayPal’s bot will be hosted on Slack.

Video 150

Video Payments Company Online 150

PYMNTS

JUNE 15, 2020

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 shift, starting in about 2009 and 2010. Digital’s 2.0

Innovation 214

Innovation Mobile Capital Operations 214

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. Amazon’s new platform will give brands complete control over the look and feel of their online spaces and which products they sell. Part of the reason is changing consumer desires.

Branding 137

Branding Retail Marketing Operations 137

Independent Banker

OCTOBER 31, 2021

Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. That includes allowing customers to open accounts completely online,” says Charles Potts, ICBA’s senior vice president and chief innovation officer. Photo by Anchiy/Getty Images.

Idaho 134

Idaho Community Bank Community New Jersey 134

PYMNTS

OCTOBER 8, 2019

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. Tencent has been the digital media partner of the NBA in China since 2009. The move comes after the general manager of that U.S.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

JUNE 5, 2020

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. Before that, it had taken roughly 10 years to grow from 6 percent in 2009 to 16 percent in 2019.

Fraud 151

Fraud How To Online Meeting 151

PYMNTS

OCTOBER 21, 2020

Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). percent/30 cents per chip/swiped transaction, and higher for online payments. Morgan seems to be banking on speed as a selling point to gain traction with smaller firms. percent/10 cents and 2.9

Marketing 306

Marketing Maine Cards Payments 306

PYMNTS

JULY 1, 2016

percent last year, according to Market Watch, but the company began putting more items on sale to combat its losses – although its online business does not seem to be mitigating its losses at this point. percent last year, its worst sales drop since 2009. Pier 1 said that its sales dropped more than 2.5

Retail 101

Retail Trends Innovation Marketing 101

PYMNTS

MAY 27, 2020

Aptos VP of Retail Innovation Nikki Baird was not surprised that chains like Dillard’s are working hard to get shoppers back into stores, even after the retail businesses has seen a dramatic shift toward digital during the pandemic. And if it is like 2009 it will have years’ worth of repercussions for how consumers see retailers and price.”.

Retail 143

Retail Kansas City Kansas Branding 143

PYMNTS

NOVEMBER 6, 2020

For Foursquare , it has been quite a journey from its launch in 2009 to 2020. It’s that growth potential that Foursquare has been aiming to tap since its very splashy launch at SXSW in 2009, which Co-founder and Executive Chairman Dennis Crowley told Fast Company in a recent interview mostly astounded them when it was all over. “I

social media 116

social media Data Marketing Groups 116

PYMNTS

FEBRUARY 27, 2020

Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. The interesting question for the next decade is how, as the gig economy grows, it will continue to compete with and innovate against the world of wage work — and perhaps change it in the process. Some lasted; some did not.

Community 236

Community Mobile Course Software 236

PYMNTS

APRIL 27, 2020

With everything that has happened and with so much of commerce going online, I think a fair bit of that will stick online because people, I think, are going to realize, ‘Hey, that was actually pretty convenient.’”.

Marketing 142

Marketing Retail US Online 142

PYMNTS

MAY 14, 2020

In 2009, the last recent year with a comparably large output contraction in developed markets, remittances to Latin America and the Caribbean fell 15 percent,” Fitch said in the report. The median Fitch-rated country in the region receives the equivalent of 10 percent of GDP from remittances.

America 151

America Course Report Mobile 151

PYMNTS

DECEMBER 5, 2016

billion in 2009. Atom’s app lets users send online invitations to others and facilitates shared payments among groups. It’s yet to be clear how this newest addition to the social commerce game of movie ticket sales will fare against legacy online box offices or if it will fill a portion of those 5 billion unsold seats.

New York City 100

New York City New York social media United States 100

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

JUNE 23, 2017

In the age of Amazon, people tend to forget about the terror that the Walmart effect instilled, notes Isaac Marcushamer, chief innovation partner and partner in the Business Reorganization practice group at Berger Singerman law firm. Well, Borders didn’t have a plan because they thought buying books online was a fad. Borders did not.

Retail 161

Retail Online Analysis Lending 161

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. “So, The DOJ Finding. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

APRIL 21, 2016

Founded in the days after the Web’s first round of booming and-busting adventures in 2001, Newegg was a very focused eCommerce effort that stayed afloat when lots of business were going belly-up, because in some sense it was selling the right thing to the right group people online: computer hardware and software.

Cards 100

Cards Retail Online Software 100

CFPB Monitor

SEPTEMBER 9, 2019

The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews. In a section on innovation, the report discusses innovations in the following areas: Account servicing. Physical point-of-sale.

Cards 60

Cards Report Marketing Leadership 60

PYMNTS

MAY 5, 2016

Such is the double-edged sword of a retail industry swept up in innovation. From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. Yes, that seems an appropriately fine number to panic over.

Retail 100

Retail Branding Denver Management 100