Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Those types of capabilities are very difficult to achieve without using blockchain technology.

blockchain 151

blockchain Innovation Customer Experience Compliance 151

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.”.

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

FEBRUARY 4, 2019

. “While their contribution has grown at a slower rate than that of large businesses, small businesses continue to be at the forefront of driving innovation, jobs and economic growth.” ” However, as SMBs drive innovation for the U.S. trillion in 2015, the report said.

Technology 130

Technology Analytics Survey Community 130

PYMNTS

OCTOBER 16, 2018

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. These technologies bring more options for consumers to order and pay for their meals, such as kiosks and mobile ordering. company-operated transactions, the company said in its financial report.

Innovation 183

Innovation Mobile Branding Maryland 183

PYMNTS

OCTOBER 23, 2019

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. That technology promises to play a bigger role this holiday shopping season, according to an analysis. percent since 2018. Related Innovation. That includes beacons.

Innovation 101

Innovation Mobile Retail Regional 101

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 The chain opened 137 new restaurants in 2018, bringing the total count to 2,491. Chipotle’s Digital Gains.

Innovation 136

Innovation National Mobile Trends 136

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

San Francisco 267

San Francisco New York Fintech Regional 267

Insights on Business

FEBRUARY 7, 2018

Now, more than ever, the marriage between technology and finance is apparent. Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. Looking forward, the line between the two will continue to intertwine. Somewhere in between?

Las Vegas 111

Las Vegas blockchain NV Conference 111

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].” ” There’s evidence to support his sentiment that B2B payments haven’t evolved as quickly as innovators may have liked.

Innovation 139

Innovation Payments blockchain Florida 139

PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. Reports said the filing, dated Nov.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

JANUARY 18, 2018

In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. According to the results, banks argue that innovation, not just regulation, is behind the wheel of progress. Optimism Up. Regulatory pressures, particularly following the global financial crisis, imposed new stressors on global banks.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

DECEMBER 31, 2018

Matt Redwood, head of self-service at Diebold Nixdorf , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Self-checkout has been around for 15 years — we’re all accustomed to seeing SCO point-of-sale terminals at the grocery store. This couldn’t be further from the truth.

Innovation 150

Innovation Retail eBook Branding 150

Bank Innovation

JANUARY 18, 2019

banks seem to be optimistic their technology and innovation investments will pay off in the long run, and fourth quarter earnings for 2018 suggest some are already seeing progress on finding efficiency. Executives at the four big U.S.

Innovation 186

Innovation Technology Operations America 186

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

NOVEMBER 3, 2019

In 2018, Google hired Feinberg to lead the company’s expansion into the healthcare space. DeepMind recently announced that its technology can predict if a patient has potentially fatal kidney injuries 48 hours prior to the time that doctors can recognize symptoms. Your doctor, before they operate on you, they actually go to YouTube.

Google 137

Google Las Vegas Innovation Conference 137

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 Banks can spend up to 80 percent of their entire IT budgets on maintaining legacy technology, with large banks spending up to $300 million a year on updating this software to meet regulatory requirements. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

PYMNTS

NOVEMBER 30, 2020

The operation's purview will include enforcing new regulations governing consumer data privacy and the preservation of small businesses and small- and medium-sized news operations. government, digital business added 150 billion pounds (about $200 billion) to British economy in 2018. According to the U.K.

Marketing 189

Marketing Regulation Google Innovation 189

PYMNTS

JANUARY 15, 2019

In the digital age, quick-service restaurants (QSRs) can use all sorts of technology to improve the customer ordering experience. From in-store kiosks to mobile apps, new innovations are giving diners the chance to ditch the line and order through other channels. percent of managers view, say, in-store kiosks positively.

Innovation 125

Innovation Mobile Management Branding 125

Bank Innovation

JANUARY 15, 2019

Citigroup CEO Michael Corbat touted roughly $200 million in cost savings the bank found in 2018 by going digital and taking on other related initiatives. It seems $200 million is only the beginning. Corbat said the bank will potentially reap $500 million to $600 million in incremental savings each of the next two years. That […].

Technology 186

Technology Operations Digital Banking Cards 186

PYMNTS

AUGUST 6, 2019

That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Mall of America is teaming up with University of Minnesota physicians and a Minnesota-based health care system to operate the clinic.”. retailers so far this year than in all of 2018. Mall Leases.

Retail 108

Retail Innovation Minnesota Los Angeles 108

CFPB Monitor

MAY 24, 2019

Among such issues discussed in the Spring 2019 report , which generally reflects bank data as of December 31, 2018, are risks arising from financial innovation and new technologies. By taking a wait and see approach to innovation, banks add to their risk.

Innovation 68

Innovation Report Compliance Risk Management 68

PYMNTS

AUGUST 6, 2020

trillion in 2018. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. Artificial intelligence (AI) is also driving payments innovations, with a study finding that it could add $1.2 billion noncash payments totaling $97.04

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

APRIL 23, 2020

In the inaugural Digital Banks And The Power Of The Cloud Tracker® , PYMNTS examines how cloud-based tools are becoming part of banks’ digital transformations worldwide and how they are overcoming obstacles that can come with implementing these technologies. Developments Around The Cloud Banking World. The bank has designated $3.7

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

APRIL 17, 2020

The drive-thru, which captured 70 percent of quick service restaurants’ (QSRs’) total sales in 2018, has become a critical focal point as dine-in seating areas are closed to slow the spread of the coronavirus. Other players in the space are rolling out innovations to support restaurants’ efforts to improve customers’ experiences.

Customer Experience 167

Customer Experience Operations Technology Branding 167

Insights on Business

FEBRUARY 15, 2018

New methodologies and technologies such as artificial intelligence are empowering firms to finally gain control of their risk and compliance efforts. The event brings business and technology together and will give you access to industry leaders who know more about the newest, future-leaning, world-changing technologies than anyone else.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. SWIFT gpi’s technology is revolutionary for the payments industry and gives power back to the customer.”

Innovation 193

Innovation Capital Payments Data 193

Perficient

SEPTEMBER 15, 2020

Consumers expect technology to work intuitively, regardless of its underlying complexity. 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. Here are five tips. Tip 1: Mine Your Inspiration.

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. An Ecosystem By Any Other Name. Substitute producer for buyer or supplier. Consumer for the end user.

Innovation 146

Innovation Cards Payments San Francisco 146

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

SEPTEMBER 8, 2020

Innovative partnerships like this one can support the agility and resilience of supply chains, accelerating access to finance and improving efficiency,” Michael Froman , vice chairman and president of strategic growth for Mastercard, said in the announcement. trillion funding gap in 2018, long before to the pandemic. 8) announcement.

Capital 199

Capital Groups Innovation Technology 199

PYMNTS

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. In China, we see banks providing tracking and payment outcomes to corporate treasurers [and] making use of advances in mobile technologies and API-oriented services,” he said.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

JULY 23, 2019

“As part of our operating set-up in India, we work with a lot of partners and we are working with them with the proposal right now on how to enable this for the country,” Guru Bhat, vice president and head of engineering of PayPal India, said in the report. .

Data 134

Data Fraud Risk Management Google 134

CB Insights

DECEMBER 19, 2017

As 2017 draws to a close, the trends and innovations that will shape the technology industry over the coming weeks, months and years were brought into sharper focus over the course of the last twelve months. Looking to the new year however, which trends will come to define our industry in 2018 and beyond?

Technology 35

Technology Security Trends Industry 35

PYMNTS

JUNE 25, 2020

An Appetite for Innovation. The P&C industry at large appears to be examining how … emerging technologies could revitalize their businesses, even during the COVID-19 pandemic,” the June Tracker states. This indicates that the industry’s appetite for innovation remains strong,” according to the latest Tracker. billion profit.

Innovation 250

Innovation Industry Payments System 250

PYMNTS

DECEMBER 5, 2018

The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation. “Ninety percent of our business has been wiped out,” said factory operator Vinod Gupta at the time. “Where there were 15 workers before, now there are three.

Innovation 171

Innovation Survey Operations Community 171