Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. In 2016, the IBM Institute for Business Value teamed up with the Economist Intelligence Unit to interview global bankers. Drivers for Operational Innovation.

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Operations Innovation Management Risk Management 138

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

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Innovation System Mobile Trends 145

PYMNTS

SEPTEMBER 29, 2017

in the form of smart poles that improve urban communities’ access to wireless networks and LED lighting. IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. percent increase over 2016. Here are the numbers: 1.8

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Innovation Data Exercises Study 111

Celent Banking

APRIL 18, 2016

Last week many of us at Celent were in New York attending our Innovation and Insight Day on April 13th. The theme of this year's event was "Financial Services Reborn", and the Museum of American Finance on Wall Street provided an inspiring setting to celebrate innovation in financial services. Award Winners.

US 100

US Case Study Risk Management America 100

PYMNTS

JUNE 21, 2016

“Alexa, show me who snagged the top spots in the 2016 PYMNTS/Alexa Challenge.” During the five-week challenge, 12 teams and 14 companies dug deep into their innovation bags of tricks to use voice to solve everything from the $60 billion annual prescription abandonment problem to making checkout abandonment a thing of the past.

Millennials 101

Millennials Innovation System Payments 101

PYMNTS

DECEMBER 23, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

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Payments eBook Fraud Cards 100

CFPB Monitor

MAY 18, 2016

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

MARCH 3, 2017

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. This city took a different approach to bring in the tech community.

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Indiana Indianapolis Innovation Technology 100

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Fraud 110

Fraud US Data Payments 110

Chris Skinner

JULY 3, 2017

There are almost 20 million users of mobile banking across the UK in 2016, making 159 logins every second. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. Video chats are also growing in popularity, up 92% during 2016. Video chats are also growing in popularity, up 92% during 2016.

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Mobile Cards Video Management 286

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

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Maine ATM Innovation Millennials 130

PYMNTS

SEPTEMBER 7, 2017

A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream , said he probably wouldn’t have agreed that banks are playing a role in the innovation of the industry. trillion in 2016, with SMBs bearing the brunt of that lack of financing for their global trade initiatives. Still, it’s not enough.

Innovation 108

Innovation blockchain Technology Tools 108

PYMNTS

SEPTEMBER 14, 2018

Up and coming in the category, however, is La Ligne (French for “The Line”), a fashion brand co-founded in 2016 by Molly Howard, former head of business development for rag & bone, and two former Vogue editors, Valerie Macaulay and Meredith Melling.

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Retail Innovation Branding social media 134

PYMNTS

JULY 4, 2016

Over the past eight weeks PYMNTS has cast a weekly global spotlight on one of the many tech hubs fostering innovation and tech advancements across the world. Entrepreneurs and investors across Australia’s largest city are working to revamp the tech community, with the intention of transforming Sydney into Australia’s own Silicon Valley.

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Innovation Fintech National Capital 104

PYMNTS

OCTOBER 21, 2020

We chose Lumin Digital because of their new and fresh approach to how internet banking is handled through their innovative cloud-native technology,” said Amy Sink , chief executive officer, Interra. Lumin Digital was founded in 2016 and is headquartered in San Francisco.

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Digital Banking San Francisco Indiana Analytics 150

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

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Innovation blockchain Technology Groups 78

PYMNTS

MARCH 18, 2016

But, there’s one thing left to do: honor the innovators that are creating the shifts across those industries that will impact where payments is headed over the next year, two years, five years and beyond. IP2016’s nightcap of the action-packed event revealed who the PYMNTS community crowned as the top dog in their respective category.

Innovation 50

Innovation Payments Leadership Industry 50

PYMNTS

JANUARY 21, 2020

ARC), which says it “provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive,” had taken a majority stake in nuTravel, described as a “leading developer of applications that provide airlines with online retailing solutions with enhanced features to support travel agency services.”.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. The market, then, has been opened to online lenders that have filled that niche – and it should be noted that community bank lending to SMBs has been on an upward trend.

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Lending Innovation Fintech Cards 148

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

AUGUST 10, 2016

Though it’s easy to see why other happenings in and around the country have overshadowed Brazil’s tech community, Rio de Janeiro’s tech scene is quickly earning notoriety. It’s unfortunate that its growing tech scene may not be at the top of the list. Canada and Brazil. It looks like it’s no harm, no foul for Apple.

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Innovation Apple social media America 100

CB Insights

SEPTEMBER 26, 2018

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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Innovation Cleveland New York New York City 73

PYMNTS

JULY 17, 2017

Department of Transportation’s national count in 2016, there were 3,378 bike-share docking stations across 104 U.S. Mobike is the first one to launch a service like ours on April 22, 2016 — and we are [the] biggest one by far,” Mobike’s Head of International Expansion, Florian Bohnert , told Karen Webster in a recent conversation.

Innovation 120

Innovation Los Angeles Metro Mobile 120

Bank Innovation

AUGUST 4, 2016

https://fintech4us.files.wordpress.com/2016/07/fintech-genome-podcast-i.m4a If you want to engage and converse with the Fintech community register on Fintech Genome. Original Post: https://dailyfintech.com/2016/08/02/how-to-generate-great-conversations-on-the-fintech-genome/.

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Fintech How To Community 150

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. from 2016 until its sale in 2018. By Katie Kuehner-Hebert. Name: Locality Bank.

Florida 91

Florida Community Bank Community FDIC 91

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.

Innovation 74

Innovation San Francisco Georgia Technology 74

PYMNTS

FEBRUARY 7, 2017

China saw more than half of the world’s FinTech investments in the first nine months of 2016, the bank noted. China Comes Out On Top… “2016 was the year when the Chinese FinTech dragons roared, and some previously feted Western FinTech leaders wilted,” Citi declared in the report’s introduction. Both the U.S.

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Fintech US Capital Lending 100

PYMNTS

DECEMBER 12, 2018

He is also credited with creating a strong management team at SWIFT and was given accolades for leading the company’s response to cyber attacks on SWIFT customers which began in 2016 with the hack of Bangladesh Bank. Today SWIFT has a clear mission, mandate and purpose and is on firm footing for the future,” Leibbrandt said.

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Leadership Community Security Industry 194

PYMNTS

AUGUST 8, 2017

Pittsburgh had a population of 303,625 in 2016, making it the 63rd largest city in the U.S. million in 2016. Pittsburgh is an attractive location for both entrepreneurs and investors because of the startup community and the number of talented people educated in this region,” Galluzzo said. GDP of Pittsburgh: $130.2

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Community Innovation US Software 119

PYMNTS

OCTOBER 30, 2020

Businesses have evolved amidst the pandemic to prioritize the safety of their communities and to adapt to new consumer habits, and our goal is to help merchants meet those demands in a way that’s best for their business,” said Christopher Payne , chief operating officer, DoorDash. .

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Meeting Operations Study Community 181

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. In their Spring 2016 Semiannual Risk Perspective , regulators have publicly acknowledged increasing risk in commercial real estate lending, so small business lending seems like it may be an alternative path.

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Lending Community Bank Community Analysis 186

PYMNTS

APRIL 24, 2019

“I am confident that his appointment will ensure that SWIFT can continue to build on its tradition of excellence and innovation in support of the global financial community, while also enabling acceleration of its endorsed strategy.”.

Leadership 169

Leadership Regional America Community 169

PYMNTS

APRIL 13, 2017

The Seattle metropolitan area had a population of 3,798,902 in 2016, which makes it the 15th largest metropolitan area in the United States. The city has a strong entrepreneurial community and great schools along with a large network of financiers and advisors. Median household income (2015): $70,594.

Seattle 108

Seattle Washington Community Innovation 108

Abrigo

APRIL 18, 2022

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. The innovative world of digital assets has made big strides since its inception in 2009. The industry's most significant market increase was between 2016 and 2018.

cryptocurrency 195

cryptocurrency Fraud United States Leadership 195

PYMNTS

DECEMBER 5, 2018

India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation.

Innovation 171

Innovation Survey Operations Community 171

PYMNTS

JANUARY 7, 2019

This innovative technology from PepsiCo is enhancing campus life for our students, staff and faculty alike, who have embraced this new way of snacking from Pepsi.”. The University of Pacific community can place food and drink orders from 9 a.m. Snackbot delivers healthy snacks and beverages from Hello Goodness direct to students.

Technology 122

Technology California Community Innovation 122

PYMNTS

JUNE 24, 2020

That’s up from $601 billion in 2016. ” “We are excited that TerraPay is part of our growing Fintech Fast Track program as we work together to connect more communities with these solutions,” said Otto Williams, vice president and head of strategic partnerships, FinTechs and ventures in CEMEA at Visa.

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Payments Fintech Course Operations 243