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

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

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

OCTOBER 8, 2019

still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.” Kaspi.kz, which is part-owned by Baring Vostok and Goldman Sachs , offers online payments and an eCommerce marketplace accessed through an app. stock market.

Marketing 139

Marketing Fintech New York Maine 139

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

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

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. More Money.

Video 120

Video Innovation Retail Apple 120

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

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

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). But what every big digital upgrade of the last decade or so has in common is an urban home base. “Our

Innovation 142

Innovation Metro Retail Online 142

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 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. If we’re not there, we’re not in consideration,” she said.

Innovation 158

Innovation Mobile Online Customer Experience 158

PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. According to a report from CNBC , “in many ways, Verishop aims to be a high-end and online version of a department store. High-End Retail. The company generated about $3.3 Retail Challenge.

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

FEBRUARY 11, 2019

That’s been the case in markets such as the U.K. But since it’s the data point that most use to define the online/physical retail sales split, let’s use it to project, based on historical trends what the world looks line in twenty years. It also purchased online pharmacy PillPack , and owns Zappos and fashion eTailer Shopbop.

Online 197

Online Retail Mobile Branding 197

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

FEBRUARY 7, 2019

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to reports. Eventually, the two companies will collaborate for an online presence as well as in physical stores, to offer customers exclusive shopping opportunities. million so far.

Online 122

Online Groups Customer Experience Retail 122

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

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143

Apple Regulation Taxes Marketing 143

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

Bank Innovation

FEBRUARY 13, 2018

EXCLUSIVE—Online lender OnDeck grew originations and expects even more growth this year, according to its earnings call today. The New York-based OnDeck expects “originations to grow at double-digit rates” over the next year, company CEO Noah Breslow said during the call this morning.

New York 207

New York Online Company Lending 207

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

Perficient

FEBRUARY 11, 2021

AI is programmed intelligent software or hardware that can learn and solve problems and has forecasted growth of 54% this year in the software market worldwide. A 2018 Forrester Wave report assessed PIM vendors on their strategy and included AI as a perceived strength as part of their evaluation. Detail Online Acquired by inRiver.

Software 508

Software System Management Analytics 508

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 155

Innovation Mobile Trends Operations 155

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. Jim Brill, IBM Financial Services Marketing. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018!

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Conference Regional Examples Payments 98

PYMNTS

MAY 3, 2019

To provide consumers with less expensive and more flexible booking options, eCommerce innovators are taking new approaches to hotel reservations. They then can see a list of hotel results with prices (similar to other online booking experiences). The Hotel Market. For payments, the site accepts credit cards and PayPal.

Online 100

Online Innovation New York Marketing 100

PYMNTS

JANUARY 6, 2020

MoneyGram reported a record-breaking online transaction growth over the holiday period. 25, the company, a leader in money transfer services, reported a transaction growth of more than 70 percent from the same time in 2018, with 80 percent of those transactions done via mobile device, according to reports. Between Dec. Outside the U.S.,

Online 130

Online Marketing Mobile Report 130

PYMNTS

MAY 1, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. percent in 2018.

Google 115

Google Online Course social media 115

PYMNTS

NOVEMBER 8, 2019

Innovations — some more fantastical than others — keep emerging, though. The rise of new authentication methods is one of the driving forces in the growing biometric market. According to new research , the global biometric system market is set to grow at a CAGR of 14.6 billion in Q2 2018 to $1.02 Vein recognition?

Innovation 120

Innovation Fraud Security Data 120

PYMNTS

FEBRUARY 14, 2019

million international subscribers in 2018 and now boasts 137 million global users, according to the PYMNTS Connected Commerce Playbook. In fact, Alibaba led SenseTime’s Series C round and was said to be the company’s biggest investor in 2018. And retailers are working to integrate innovative payment options into their offerings.

Retail 129

Retail Online Payments United States 129

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Online Resale. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

JUNE 12, 2019

In the era of streaming entertainment and online news, the number of companies providing digital platforms for content is on the rise. The index notes these kinds of offerings are becoming more common, and the global market for subscriptions is expected to have a value of over $500 billion by next year. million U.S. subscribers.

Innovation 176

Innovation Payments Video Survey 176

Bank Innovation

NOVEMBER 10, 2017

EXCLUSIVE- Is the prepaid card market saturated? Not quite, based on insights Sue Brown, director of prepaid debit advisory service at Mercator Advisory Group shared with Bank Innovation. “In In 2018, we will likely see fewer cards, but an increase in dollar loads,” Brown told Bank Innovation.

Cards 186

Cards Innovation Groups Marketing 186

Bank Innovation

NOVEMBER 6, 2018

The job market for digital banking is thriving. Autumn is upon us, trees are changing colors, and executives are changing jobs. JPMorgan plans to hire thousands of people for its technology and digital departments, in addition to an entry-level program to train and nurture young technologists.

Training 150

Training Digital Banking US Marketing 150

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018.

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. percent in 2019, compared to 10.5

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

OCTOBER 31, 2019

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. CU executives have cited several reasons for their lack of AI or machine learning innovation, including costs, data quality questions and security concerns.

Innovation 101

Innovation Survey Lending Technology 101

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 100

Innovation Mobile Trends Operations 100