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

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The partnerships are part of a larger plan by Lloyds Bank to enhance its online banking offerings, an initiative that began in 2018. The bank has designated $3.7

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 Automated compliance systems can help FI staff ensure that their AML and KYC compliance is up to code, as these systems can perform thousands of security checks in the time it takes a human staffer to handle just a few. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

PYMNTS

DECEMBER 18, 2019

PYMNTS recently spoke with Caroline Larson, Caribou Coffee’s senior director, about how the chain switched Caribou Perks from a surprise-and-delight model to a points-based system, as well as how it keeps its mobile app secure. Caribou took this feedback into account and rejiggered the Perks program in 2018. Keeping The Cup Secure.

Mobile 130

Mobile Innovation System Security 130

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. That’s one trend we’ll see a lot more of [in 2018].” ” Finexio is just one of the B2B payments startups to have recently secured investor attention. .

Innovation 139

Innovation Payments blockchain Florida 139

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

JANUARY 30, 2018

Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily. billion raised via controversial initial coin offerings (ICOs) have been lost to lapses in security, including phishing attacks.

blockchain 144

blockchain Security Software Tools 144

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. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 98

Conference Regional Examples Payments 98

PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. A 2018 study found that more than 50 percent of U.K. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Real-world experience.

Las Vegas 111

Las Vegas blockchain NV Conference 111

PYMNTS

JANUARY 11, 2021

Storonsky said Revolut wants to develop “many more innovative products” that will advance “innovation and competition” across the financial services sector. Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe. billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

NOVEMBER 15, 2017

In a statement, EY Global Innovation Leader, Blockchain Technology, Paul Brody, said, “blockchains are quickly becoming routine tools for business processing that companies can use to manage and take action from the huge amounts of data their systems collect and process.”. Hewlett Packard Enterprise. Scrutiny Heightens.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. According to McAfee, while companies are embracing innovations like machine learning to safeguard their systems, attackers, too, are using these same tools.

Security 136

Security Data Survey Regulation 136

PYMNTS

MARCH 25, 2020

Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. 31, 2019 showed an increase in total operating revenues of $249.3

Fintech 139

Fintech Operations Innovation Company 139

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. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 70

Conference Regional Examples Payments 70

PYMNTS

JUNE 22, 2020

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. percent of total revenues) in fiscal 2018, representing a 64.7

North Carolina 150

North Carolina Capital Software Security 150

Perficient

SEPTEMBER 15, 2020

Savvy healthcare innovators leverage the power of consumerization by first observing what works in domains outside of their own, and then adapting those successes to address their own challenges. What might you learn from studying emerging innovations used by virtual personal trainers, e-learning platforms, or even credit card companies?

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. “InfraRisk is a leading FinTech innovator and Judo Bank is a challenger to traditional banks. A press release issued on Sunday (Jan.

Lending 131

Lending Analytics Compliance Fintech 131

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals. trillion a year.

Security 130

Security Fraud blockchain Cards 130

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). World Innovation Lab.

Company 70

Company San Francisco Capital Software 70

PYMNTS

JULY 3, 2020

PYMNTS’ research indicates that 33 percent of CUs offered loyalty and rewards innovations in 2019, up from 29.4 percent in 2018. COVID-19 changed all that, bringing a new urgency to digital innovation and a top-down reimaging of CU loyalty. Dividends of Loyalty Innovation. Easy is the New Loyalty’.

Innovation 154

Innovation User Experience Tools Technology 154

PYMNTS

NOVEMBER 26, 2019

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos.

Delaware 140

Delaware Oregon Maryland Video 140

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. percent increase from 2018. Ensuring Secure Workplace Practices. million in 2019 — a 1.5 Fighting the Phishers.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

JANUARY 14, 2020

One of the factors behind this may be financial leaders’ rising expectations for how payment systems should operate. In this sense, RTP may be seen as an integral part of wider efforts to streamline treasury and accounts payable operations, as well as shed the inefficiencies of manual and paper-based processes. percent in 2018.

Data 134

Data Payments Fraud System 134

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept. As hybrid cloud strategies become more popular, this vulnerability is further exacerbated.

Data 232

Data Security ATM Tools 232

PYMNTS

JUNE 4, 2018

Digital is turning us into freelance workers whose worries about healthcare costs could finally help drive down those prices, and whose online purchasing seems increasingly likely to be influenced by Alibaba and other China-based operations. on-demand workforce will increase 23 percent year over year in 2018, with some 6.8

Google 110

Google United States Trends Data 110

PYMNTS

NOVEMBER 26, 2019

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos.

Delaware 130

Delaware Oregon Maryland Video 130

PYMNTS

JUNE 6, 2019

In Fiscal Year 2018, not one of the 100 top lenders participating in the SBA’s 7(a) loan program were credit unions, reports in American Banker said last month. Rather, payments and security have emerged as top focuses, according to the Credit Union Innovation Playbook.

Lending 129

Lending Analytics Data Security 129

PYMNTS

MAY 3, 2019

That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. Visa has joined the pilot Phixius program operated by NACHA, the companies recently revealed. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

Insights on Business

SEPTEMBER 26, 2016

In order to remain relevant to digitally astute and socially active customers, core banking processes, must be more reliable, scalable and secure requiring banks to constantly innovate. Without optimizing existing processes and platforms, it is a drag on creating anything new and innovative.

Innovation 70

Innovation System User Experience Meeting 70

PYMNTS

JUNE 18, 2020

The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. DoorDash had a $13 billion market value just last year, or almost tenfold higher than what it was in 2018. Rowe Price Group Inc.,

Capital 141

Capital Community California Maine 141

PYMNTS

JUNE 24, 2020

trillion in premiums for 2018, according to one recent report , a notable portion of the wider industry’s approximately $5 trillion in revenue that year. Today’s policyholders are much more tech-savvy and use digital solutions in much of their daily lives, meaning insurers must find innovative ways to send funds. It represented $1.6

Industry 152

Industry Payments Examples System 152

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Fraud Prevention Innovation. That increasing risk is driving innovation, as PYMNTS has also documented.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

DECEMBER 20, 2017

18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and La Boulangerie — has secured the new funding from contributors like Acorn Pacific, RGA Ventures and other backers. Monday (Dec. The firm aims to hit $1.5

Los Angeles 112

Los Angeles San Francisco California Operations 112

PYMNTS

JANUARY 20, 2021

million in 2018 to roughly 6 billion in 2020. Cumulative call volumes have reached more than 7 billion, while open banking payments have risen to more than four million transactions in 2020, up significantly from 320,000 in 2018. API call volume, according to the data, have increased from 66.8 Open Banking In The States .

Data 188

Data Innovation Fintech Regulation 188