PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws. According to the U.K.

Marketing 189

Marketing Regulation Google Innovation 189

PYMNTS

JANUARY 18, 2018

But according to a new report from EY, it would be unfair to say that regulation is the only driving force behind large banks’ changing market strategies. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Optimism Up. Cybersecurity.

Regulation 156

Regulation Innovation Fintech Marketing 156

Insights on Business

JANUARY 25, 2019

Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations. As Marc Andrew’s notes in his blog, Demystifying AI for risk and compliance , in 2018, we saw AI tackle exhausting regulatory requirements.

Marketing 79

Marketing blockchain Compliance Innovation 79

PYMNTS

SEPTEMBER 11, 2019

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with several states, the agency said in a press release. State regulators in every state were invited to join. .

Regulation 171

Regulation Innovation South Carolina Indiana 171

PYMNTS

JUNE 22, 2019

It seems every firm is trying to find a way into the expansive — and ever-growing — “health and wellness” market. As of 2018 health and wellness was a $4.2 In the last few years, wellness has become a dominant lifestyle value that is profoundly changing consumer behavior and changing the markets.”. The industry now represents 5.3

Innovation 153

Innovation Marketing San Francisco New York 153

PYMNTS

MARCH 5, 2019

How do you measure innovation? Innovation and change also stand as constant factors in payments – including purchase financing – and in online marketplaces , where trust is becoming a more vital factor. Meanwhile, in the connected vehicle ecosystem , voice is becoming a much bigger agent for innovation. homes in 2018.

Innovation 134

Innovation Mobile Data Online 134

PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. This is only part of the innovation trend stemming from video games.

Video 248

Video Retail Innovation Trends 248

PYMNTS

DECEMBER 27, 2018

Glenn Fodor, SVP and head of First Data Insights, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Furthermore, Amazon expects physical retail sales will likely be north of $15 billion in 2018. Most notably in its offline push during 2018, Amazon launched a series of cashierless concept stores known as Amazon Go.

Data 173

Data Retail eBook Online 173

Bank Innovation

DECEMBER 15, 2018

Visa enlisted veteran quarterback Eli Manning and rookie running back Saquon Barkley of the New York Giants to demonstrate how easy it is to tap to pay. Perhaps it’s too easy? Full disclosure: This list was compiled by a Giants fan.) Visa | NFL: Cool Ways To Pay We end on a sentimental note from […].

Video 170

Video New York Marketing US 170

Bank Innovation

JANUARY 16, 2018

For market participants, this means a world of possibilities. Rarely a day goes by that the financial industry isn’t being infused with the latest and greatest technologies. Fintech, or the marriage between finance and technology, is several decades in the making.

Fintech 334

Fintech Industry Technology Marketing 334

PYMNTS

FEBRUARY 19, 2019

Those who work in and around high tech and innovation are lulled into a narrative about progress being on a march ever forward, rarely slowing, never stopping and certainly never turning around and marching in the wrong direction. . Once one gets outside of the top 25 banks in the U.S., The Soft Middle in Financial Services.

Innovation 160

Innovation Fintech Marketing Study 160

PYMNTS

SEPTEMBER 16, 2019

According to the new PYMNTS Order To Eat Tracker , the volume of mobile app orders rocketed 130 percent from 2016 to 2018, and the overall mobile order market value is set to reach $38 billion by 2020. And digital innovators are devising new ways to deliver food to consumers.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

NOVEMBER 9, 2018

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Things have changed, though, he said — one reason why that innovation finding carries such weight. “I Innovation Divide.

Innovation 174

Innovation Retail Maine Security 174

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107

PYMNTS

MARCH 20, 2019

In fact, they make the timing of their product rollouts a crucial part of their innovation strategies. Only after observing their competitors’ missteps do they fully commit to the rollout of their innovations. percent of the top innovators in the financial sector said they observe market trends first. As much as 53.3

Innovation 161

Innovation United States Innovation Strategies Cards 161

PYMNTS

DECEMBER 31, 2018

According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. For example, Marriott , Facebook and a database marketing firm by the name of Exactis exposed the records of roughly 300 million people.

Data 230

Data Security Tools Cards 230

PYMNTS

APRIL 22, 2020

While there has been some innovation in wage payment mechanisms as more employers shift away from the paper check toward direct deposit and payroll cards, little has changed about the timing of those payments. ACH Innovation Breaks The Mold. I incorporated the business the next month, in April 2018.”. A New Normal For Payroll.

Innovation 155

Innovation Payments Fintech System 155

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

JANUARY 22, 2020

171M: Number of worldwide virtual reality (VR) users in 2018. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. Data: 3,000 percent: Amount by which VR-enabled revenues are set to increase. 87.9B: Annual spending on haircare products.

Retail 141

Retail Innovation Technology Data 141

PYMNTS

APRIL 1, 2019

To serve a wide range of consumers in the digital age, innovators are rolling out subscription offerings ranging from news content to gaming. From Netflix to FabFitFun , digital innovators are adopting recurring payment models to provide consumers with access to entertainment and apparel along with other products and services.

Capital 130

Capital Innovation Los Angeles Video 130

PYMNTS

FEBRUARY 24, 2020

Market Roger Karner told Karen Webster for this week’s edition of the Monday Conversation, the lights turn themselves off. The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area.

Innovation 221

Innovation US Data Examples 221

PYMNTS

APRIL 4, 2019

For the fourth quarter of 2018 , Chipotle increased its foot traffic and benefited from higher product prices, and posted year-over-year same-store sales growth of 6.1 For the full year of 2018, digital accounted for 10.9 This was all accomplished without increasing our overall marketing budget,” he said, without offering more detail.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

JANUARY 10, 2018

For example, over the last two years, Mastercard has moved its focus from start-ups that are still quite nascent, to those that have taken important steps to grow by raising funds, putting an actual product in market and beginning to scale. “And our goal is to find the opportunities to work together with start-up companies.”.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

OCTOBER 8, 2019

still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.” Net income for the company has increased 54 percent to $203 million in the first six months of 2019 compared with the same period in 2018. “We stock market.

Marketing 139

Marketing Fintech New York Maine 139

PYMNTS

FEBRUARY 13, 2019

The company noted that it still needs to gain approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, which issued regulations for crypto exchanges last summer. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain.

blockchain 128

blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. In 2018 alone, the company generated $100 million in revenue. The DBI acquisition will also serve to expand diverse market channels, including consulting firms and brokers. Broader Healthcare Appeal.

Innovation 167

Innovation Trends Technology Operations 167

PYMNTS

NOVEMBER 22, 2018

There isn’t a lot of room to really innovate the Thanksgiving turkey. It’s 2018, after all, and there are now many new ways to prepare a turkey and new gadgets help with that preparation. Instant Pot doesn’t do much marketing as a company policy — but plenty of well-known people seem content to take on that duty for free on its behalf.

Innovation 168

Innovation National New York Maine 168

Bank Innovation

DECEMBER 28, 2017

These posts are representative of our blog’s mission to be the go-to resource for marketing information and best practices for both clients and prospects. 7 B2B Marketing Trends to Watch in 2018. As we approach the end of 2017, it’s time to take a look at key B2B marketing trends that will emerge in the year ahead.

Marketing 268

Marketing Leadership Trends Branding 268

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. This is only part of the innovation trend stemming from video games. Consumers are buying Tilly’s products online, as digital growth was up 22 percent in 2018. Apple has stiff rivals in the gaming market. Larger Trends. More Money.

Video 120

Video Innovation Retail Apple 120

PYMNTS

JANUARY 2, 2019

It has been a year of subscription innovation, with businesses in many verticals – from food to transportation – providing consumers with products and services for a recurring fee. Tovala’s wasn’t the only offering on the market: Anova Precision Cooker and Electrolux also reportedly provided similar services.

Company 176

Company Marketing Report Trends 176

PYMNTS

JULY 2, 2018

No surprise, then, that innovation in the payments space is getting ever-more truncated in terms of time to market. Witness, for example, Amazon’s push into food via Whole Foods Market – and its foray into medicine through its announcement, just last week, that it would buy PillPack. Payments and financial services?

Payments 136

Payments Big Data Trends Innovation 136

PYMNTS

JUNE 27, 2019

That news is another recent development in the world of children’s retail, where innovation continues. The stores could be about a third of the size of the big-box stores that closed in 2018 at roughly 10,000 square feet. Market Void. Toys R Us left a massive void when it left the market — and an opening for other retilers.

Retail 124

Retail Innovation US Report 124

PYMNTS

MARCH 17, 2017

And, as America found out what actually happens when the wrong name gets read on stage, PwC found out what happens when Twitter decides to rename your firm — as our CEO (and former PwC employee) Karen Webster told those assembled at the Innovation Project’s annual awards dinner last night. And the winners are… Best POS Innovation.

Innovation 175

Innovation Payments social media America 175

PYMNTS

DECEMBER 19, 2019

markets in which Starbucks delivers. 0.8%: Share by which alcohol consumption declined in 2018. Data: 23,000: Number of McDonald’s restaurants offering delivery. 300: Minimum number of brands enabled by personalization platform operator Dynamic Yield. 65%: Share of KFC orders made via drive-thru lanes. 16: Number of U.S.

Mobile 130

Mobile Innovation Data Branding 130

PYMNTS

OCTOBER 23, 2019

By being more transparent with in-store technology, brands can help dispel some of the negative connotations around ‘push marketing.’ The market is growing and will reach some $10.2 percent since 2018. Related Innovation. Expect more work on beacons and these other areas of innovation in the coming year.

Innovation 101

Innovation Mobile Retail Regional 101

PYMNTS

OCTOBER 11, 2018

Consumers expect fast, efficient service that barely requires them to look up from their smartphones, and the modern QSR needs to innovate accordingly. and Canada, plus the innovation cues it’s taking from outside the restaurant industry. Attention To Innovation. Revamping The Loyalty Program.

Innovation 158

Innovation Mobile Online Customer Experience 158

PYMNTS

AUGUST 7, 2019

Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). In 2018, Tractor Supply Company built 80 new locations, with plans to open a similar number this year.

Innovation 142

Innovation Metro Retail Online 142