PYMNTS

DECEMBER 21, 2020

Apple is advancing its self-driving car project, according to a Reuters report, and will look at debuting a new product by 2024 that could also come with new battery technology. Project Titan, the Apple automotive effort, has been working on a self-driving vehicle sporadically since 2014, working from scratch.

Apple 332

Apple Resources Survey Report 332

William Mills

APRIL 15, 2024

In the dynamic landscape of finance, where innovation is the currency of the future, it's crucial for industry leaders to not only keep pace but also anticipate the trends that will shape tomorrow's banking experience.

Technology 89

Technology Fintech Trends Innovation 89

Gonzobanker

JANUARY 18, 2024

Having complained in a recent post on LinkedIn that a lot of the predictions I see are nonsense, you may think I’m crazy for posting my own set of predictions for 2024. That said, here are my banking and fintech predictions for 2024: 1. Tech companies that enable banks and credit unions to provide BNPL will have a good year in 2024.

Fintech 88

Fintech Customer Experience Tools Payments 88

Perficient

JANUARY 4, 2024

As we step into 2024, the transformative impact of Artificial Intelligence (AI) and generative AI on enterprise-level organizations has reshaped the business landscape in profound ways. Download the Forrester report,  The AI Services Landscape, Q1 2024   to learn more (available to Forrester subscribers and for purchase).

America 309

America Data Customer Experience US 309

Perficient

JANUARY 23, 2024

This post has been updated to reflect FINRA Regulatory Notice 24-02, issued January 23, 2024. The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment.

Compliance 221

Compliance Regulation Industry Maine 221

Perficient

DECEMBER 19, 2023

That’s why we are excited to share that Perficient has been named a Major Player in the IDC MarketScape: Worldwide Experience Build Services 2023–2024 Vendor Assessment and IDC MarketScape: Worldwide Experience Design Services 2023–2024 Vendor Assessment reports. ” What Does This Mean for Our Clients?

Report 251

Report Customer Experience Innovation Strategy 251

Bank Innovation

MAY 23, 2019

The digital technology research and consulting firm predicted fintech revenue to increase from $263 billion this year to $638 billion in 2024. A new study from Juniper Research expects fintech revenue will grow 59 percent over the next five years.

Fintech 199

Fintech Study Industry Technology 199

BankInovation

MARCH 20, 2024

Nine financial services technology startups showcased their latest innovations with technology leaders and executives at the March 19 event. The Ottawa, Canada-based company provides custom technology learning modules for internal and external-facing capabilities, John Findlay, chief […]

Nashville 111

Nashville Digital Banking Innovation Technology 111

BankInovation

MARCH 27, 2024

Financial institutions should expect to fail when exploring new technologies, Ami Iceman Hauter, chief research and digital experience officer at Michigan State University Federal Credit Union, said at the recent Bank Automation Summit U.S.

Nashville 66

Nashville Michigan Innovation Technology 66

American Banker

MARCH 19, 2024

The payments industry is evolving, driven by innovative technologies and a new class of leaders and executives eager to embrace change. Here's what they're prioritizing.

Payments 81

Payments Innovation Industry Technology 81

Gonzobanker

FEBRUARY 1, 2024

Our just-released What’s Going On In Banking 2024 research authored by Ron Shevlin reveals that cost of funds is the top concern for 70% of banks and credit unions this year, and deposit gathering was in the top four for half of both groups. Well, we’re in 2024 and let’s talk about that “promising outlook” that seems to be building toward Q3.

Conference 88

Conference FDIC Arizona Industry 88

BankInovation

MARCH 27, 2024

Financial institutions should expect to fail when exploring new technologies, Ami Iceman Hauter, chief research and digital experience officer at Michigan State University Federal Credit Union, said at the recent Bank Automation Summit U.S.

Nashville 40

Nashville Michigan Innovation Technology 40

BankInovation

MARCH 4, 2024

Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain macroeconomic conditions. “I like regtech because it’s important to keep on innovating in that space,” Robin Scher, head of fintech investment at Lloyds Bank, said at FinovateEurope last week. “We

Innovation 71

Innovation Fintech Technology Retail 71

PYMNTS

FEBRUARY 17, 2020

Brick-and-mortar retailers are bringing smaller-scale, cutting-edge technology to city locations. 23.4B: Projected value of the British to-go food market by 2024. Sainsbury’s , for instance, has unveiled a new C-store format in London called On The Go. 150M: Amount of revenue Wine.com topped last year.

Innovation 160

Innovation Customer Experience Data Retail 160

American Banker

JANUARY 8, 2024

Bank technologists and fintech leaders who are bringing fresh ideas to life will be considered for this annual award.

How To 67

How To Innovation Fintech Technology 67

PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. Restaurant operators are doing their best to satisfy those demands, spending billions on sophisticated, innovative solutions that improve experiences for customers who are dining in or ordering delivery or pickup.

Technology 146

Technology Operations System Cards 146

Perficient

JANUARY 3, 2024

The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. What’s New?

Compliance 221

Compliance Risk Management Regulation Industry 221

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. But corporate payers are not the only entities in charge of driving adoption of AP automation technologies. billion valuation. billion valuation.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

OCTOBER 19, 2020

Cross-border payments between businesses are expected to reach $35 trillion by 2022 and 2024 could see up to $240 billion in person-to-person (P2P) payments. New cloud-based technologies have shown much promise in securing cross-border payments and making them faster and more transparent.

Technology 193

Technology Payments Security Survey 193

BankInovation

DECEMBER 14, 2023

Stephanie Schultz, vice president and head of partnerships at Amex Digital Labs at American Express, is focused on building out digital client experiences as part of her innovation and product development strategy heading into 2024. Its expenses for the quarter increased […]

Strategy 64

Strategy Innovation Cards Technology 64

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. billion by 2024, according to one new estimate , which represents a CAGR of 45.5

Innovation 101

Innovation Mobile Retail Regional 101

PYMNTS

JANUARY 11, 2021

The companies will likely start production by 2024. based factory to make 100,000 vehicles by 2024, with a full annual capacity of 400,000 vehicles. Hyundai Motor and Apple are set to make a new agreement on electric cars by March, Reuters writes, citing local newspaper Korea IT News.

Apple 194

Apple Report Innovation Company 194

Abrigo

OCTOBER 17, 2023

Supervisory priorities Banking examiners to focus on managing change As banks and credit unions face an ever-evolving landscape that requires adaptability and innovation, they would be wise to take stock of their change management processes. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

PYMNTS

NOVEMBER 8, 2019

Innovations — some more fantastical than others — keep emerging, though. percent between 2019 and 2024 to reach $65.3 Last month, global payments solution SnapPay announced the rollout of facial recognition payment technology for North American merchants. Vein recognition? Voice patterns?

Innovation 120

Innovation Fraud Security Data 120

PYMNTS

MARCH 20, 2019

Cash may never really die, but that doesn’t mean speed enabled by digital technology isn’t playing a varied role in payment change and innovation. And new technologies deployed to what often amounts to the back corners of payments and commerce also promise future innovation. . payments made by digital means. $40

Payments 134

Payments Innovation Software Data 134

PYMNTS

AUGUST 31, 2020

With estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that allow financial institutions (FIs) and their clients to participate in a real-time payments space that is expected to reach nearly 53 billion real-time payment transactions by 2024.

Payments 338

Payments System Regulation Innovation 338

PYMNTS

OCTOBER 24, 2019

In other retail news, beacons are fueling commerce innovation as more retailers try to get more shoppers into stores. And new technological strategies, including exploring the potential of mobile point-of-sale (mPOS) systems to provide speedier in-house experiences, can help eateries better attract and retain customers.

Training 101

Training Retail Innovation Strategy 101

PYMNTS

AUGUST 6, 2020

billion by 2024, indicating the corporate world’s record-high demand for instant payments. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. How Customer Expectations Have Driven Payments Innovation.

Regulation 245

Regulation Payments Innovation Fintech 245

ABA Community Banking

FEBRUARY 16, 2024

On the latest episode of the ABA Banking Journal Podcast, Kristiane Koontz discusses ABA's recent work on core resilience and competition, as well as the Core Platforms Committee's plans for 2024. The post Podcast: How flexible is your core? A new tool to help assess appeared first on ABA Banking Journal.

Tools 69

Tools Community Bank Community Innovation 69

PYMNTS

OCTOBER 16, 2019

Global payments solution SnapPay announced the rollout of facial recognition payment technology for North American merchants. SnapPay said the technology gives users greater convenience and security when shopping at mainstream retailers. SnapPay is a very interesting new player offering new solutions in the Canadian payments ecosystem.

Payments 174

Payments Retail Mobile Analysis 174

PYMNTS

MARCH 25, 2019

New digital innovations, however, provide the promise of offering valuable customer data to merchants. From Rent the Runway to McDonald’s , retailers are tapping into a world of technology that lets customers make transactions without visiting a cashier. stores per quarter for eight to nine quarters as of last June.

Retail 198

Retail San Francisco Houston Branding 198

PYMNTS

DECEMBER 1, 2017

Mastercard is planning to hire 470 people as the company expands its technology hub in New York City. Mastercard, the world’s second-largest payments network — which already has 250 research, development and technology employees in New York — plans to add the new jobs by 2024. The others are located in St.

St. Louis 115

St. Louis New York New York City Technology 115

PYMNTS

APRIL 25, 2019

The fact remains that in banking – especially among credit unions – innovation in terms of new services and products remains essential. percent: Projected CAGR of the digital payments market between 2019 to 2024. $39 percent: Share of Gen Z who say they choose their credit unions because of mobile app offerings.

Mobile 128

Mobile Fintech Course Innovation 128

PYMNTS

FEBRUARY 4, 2019

The projected value of the global POS software market by 2024 is said to be $30.9 And nearly three quarters — or 73 percent — of consumers want self-service technology, such as self-checkout. The furniture itself is protected by an array of sensor technologies and security cameras.). Roche Bros.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

JULY 9, 2019

For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. Fast on the horizon, of course, is the new mobile network technology called 5G. The emerging 5G technology has tremendous retail potential. 5G Growth.

Retail 194

Retail New York City Mobile Innovation 194

PYMNTS

OCTOBER 21, 2019

percent: Portion of adventure travelers who would travel more if they had access to innovative payments. 2024: Expected arrival of Federal Reserve’s real-time payments system. Data: $38T: Estimated value of the global B2B payments market. 17: Number of countries where Western Union supports real-time payments.

Payments 122

Payments Data Innovation System 122