PYMNTS

DECEMBER 9, 2020

FIS and Worldpay combined in mid-2019, Fiserv and First Data combined shortly thereafter and Worldline SA purchased Ingenico earlier this year. What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

Innovation 245

Innovation Video Course Meeting 245

Bank Innovation

JANUARY 31, 2019

PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million for 2019, PayPal CEO Dan Schulman said in the earnings call Wednesday after market close.

Marketing 170

Marketing social media Online Cards 170

PYMNTS

JUNE 22, 2019

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

Innovation 153

Innovation Marketing San Francisco New York 153

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Its annual commercial card survey released in May found corporate executives are eager to at least learn about new innovations in electronic B2B payments, particularly as they seek increased efficiencies and value. ” .

Mobile 211

Mobile Cards Samsung America 211

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

JANUARY 14, 2020

in 2019 than ever before – 333,530 were granted, 15 percent more than in 2018, the global patent data platform IFI CLAIMS announced on Monday (Jan. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”.

US 150

US Connecticut Samsung Apple 150

Bank Innovation

DECEMBER 30, 2019

Digital lenders will continue to pursue product diversification strategies as companies expand market share in the coming years, research from S&P Global Market Intelligence concluded. Digital Lending Market Report. Term loans and […].

Lending 273

Lending Strategy Innovation Marketing 273

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). In other words, PepsiCo Inc.

Innovation 148

Innovation Retail Operations Technology 148

PYMNTS

DECEMBER 11, 2018

In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past.

North Carolina 163

North Carolina Survey America Big Data 163

Abrigo

OCTOBER 21, 2020

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. The pandemic's impact on CRE.

Marketing 312

Marketing Lending Risk Management Retail 312

PYMNTS

MARCH 4, 2020

Consumers’ appetites for plant-based food is apparently surging, as the market for those products hit a new high of $5 billion last year. She said growth was instigated by innovation in store categories, and that retailers were expanding shelf space to accommodate people’s growing desire for those products. which only rose 2.2

Comparison 159

Comparison Retail Industry Examples 159

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. More broadly, Smith said for the Monday Conversation, the general healthcare market continues to grow, with “healthcare costs going up … and people are moving to more high-deductible plans. Broader Healthcare Appeal.

Innovation 167

Innovation Trends Technology Operations 167

Bank Innovation

FEBRUARY 14, 2019

How do innovators hone in on a specific focus when new technology darlings seem to emerge every day? To answer these questions, Bank Innovation has gathered four innovators to share ideas […]. As an executive in the ever-changing banking landscape, what separates early adopters from followers?

Innovation 170

Innovation Resources Technology Operations 170

Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

Innovation 170

Innovation Conference US social media 170

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. The estimated value of 2019 restaurant revenue from QSRs, fast food eateries, drive-thrus, deliveries and more is $273 billion.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

PYMNTS

DECEMBER 5, 2019

Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. The company has partnered with autonomous technology firm Nuro with plans to put driverless delivery vehicles to work in Houston, Texas, by the end of 2019.

Innovation 131

Innovation Houston Metro Mobile 131

PYMNTS

DECEMBER 22, 2020

They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. trillion reported in 2019. BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally. One study predicted that virtual or contactless card payments will grow to $4.8

Innovation 237

Innovation Cards Payments Study 237

BankInovation

MAY 24, 2022

After years of stop-start evolution, the market boom that open-banking advocates have been waiting for appears to be underway. billion by 2026, equivalent to an annual growth rate from 2019 upwards of 24%. The potential of this sector is as large as it is untapped with the sector projected to be worth $43.15 Open banking […].

Innovation 98

Innovation Security Marketing 98

Bank Innovation

FEBRUARY 19, 2019

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

Innovation 240

Innovation Community Capital Fintech 240

Insights on Business

FEBRUARY 14, 2019

Massive volumes of regulations are being developed across global financial market segments. Vivek Bajaj, IBM Watson Financial Services Vice President, speaking at Think 2019. As financial services firms grapple with these mounting challenges, IBM Think 2019 has been a source of big ideas to solve these challenges.

Compliance 125

Compliance Risk Management Case Study Meeting 125

Bank Innovation

DECEMBER 31, 2018

Over the past 12 months, Bitcoin – the most popular cryptocurrency – lost more than 70% of its market capitalization and Ethereum lost more than 80% of its value, according to digital currency exchange Coinbase. It was a tough year for cryptocurrencies.

cryptocurrency 218

cryptocurrency Bitcoin Capital Marketing 218

PYMNTS

SEPTEMBER 30, 2019

We imagine if presented with an iPhone, penicillin, an automobile or just a ballpoint pen, even the original scribe would have been forced to concede that exciting innovations might be coming up on humanity’s horizon in the intervening 30 centuries. So today (Sept. 30), the card network announced just such a FinTech partnership.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

AUGUST 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. Brands, the owner of Taco Bell, KFC and Pizza Hut, reported an overall year-to-year revenue gain in the second quarter of 2019 of about 10 percent, to $1.31

Innovation 124

Innovation Trends Retail New York City 124

PYMNTS

MARCH 18, 2020

percent year over year in 2019 – an increase that is overwhelmingly pegged to younger shoppers. So do markets, which are like organisms in that they follow certain behaviors. The 2019 holiday season provided a glimpse into current consumer buying habits, and nearly half of the 189.6 They Did What? million U.S.

Innovation 130

Innovation Retail System Technology 130

PYMNTS

FEBRUARY 17, 2020

To provide consumers with the curation of a subscription box or the flexibility of a rental platform, digital innovators are tapping into the subscription business model. The estimated market size of the sharing economy by 2025 is $335 billion. subscription app revenue in 2019 among that year’s top 100 subscription apps was 21 percent.

Innovation 144

Innovation Apple Retail Exercises 144

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. Glover spoke with PYMNTS again about how this trend will carry into 2019 and what technologies might be able to help banks strike the balance. In 2019, it is about ensuring the FI has the right?

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

DECEMBER 26, 2018

Payments in 2019 will drive much of the innovation the automotive world. Car sharing, too, will likely take on a more prominent role in 2019. That’s because both Uber and Lyft are expected to launch initial public offerings in 2019. The opportunity is clear. Vehicle Sharing. One reason to believe that? Car Buying.

Payments 174

Payments Mobile Software Data 174

PYMNTS

APRIL 23, 2019

Innovations run the gamut from promo codes to coupons and quick-response (QR) scans in addition to other features such as delivery tracking. Overall, merchants in the $1 trillion accommodation and food services market see digital innovation as key for staying competitive in the space. percent — innovated to remain competitive.

Innovation 150

Innovation Payments Apple Meeting 150

PYMNTS

FEBRUARY 17, 2020

In eCommerce, Wine.com had a banner 2019, and the company expects more customer experience improvements in 2020 as they aim to engage a new generation of wine connoisseurs. 23.4B: Projected value of the British to-go food market by 2024. 23.4B: Projected value of the British to-go food market by 2024.

Innovation 160

Innovation Customer Experience Data Retail 160

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. The Two Faces Of Consumer Credit. Resetting Mortgage Services.

Millennials 145

Millennials Lending System Data 145

PYMNTS

MAY 30, 2019

According to one estimate, worldwide shipments of wearable devices will reach 225 million in 2019 (not all those devices are solely focused on health and fitness). In addition, end user spending on wearable devices is expected to reach $42 billion in 2019, with $16.2 billion of that amount on smartwatches. percent until 2013.

Innovation 163

Innovation Payments Trends Technology 163

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. Their contribution in our “innovating in the open” approach is part of the reason we received this honor. as discussed in my previous blog. IBM is also proud to receive Gartner research recognition.

Risk Management 125

Risk Management Compliance Management Policies 125