PYMNTS

JUNE 26, 2019

Given the average credit union’s focus on member experience, a big focus on security and smooth transactions as innovative priorities is no surprise. What is surprising, however, is how relatively anemic a showing data analytics makes in terms of executive enthusiasm, with just over a third (35.7 Where Analytics Are Working.

Analytics 118

Analytics Data Tools Fraud 118

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

PYMNTS

MAY 11, 2018

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Operating in the trade finance market, CCRManager announced $6.5 Alternative Lending. CCRManager.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

JULY 2, 2020

Although CU members want innovation in member loyalty and rewards, most credit unions are not delivering these programs up to the desired standards. Credit union members’ high expectations when it comes to loyalty innovation do not necessarily make or break their banking relationships. Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service. Leavitt explained.

Cards 134

Cards Payments Analytics Data 134

PYMNTS

JULY 18, 2019

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. Credit Cards. Investment Trends. Among the most significant findings?

Innovation 124

Innovation Data Cards Maine 124

PYMNTS

DECEMBER 30, 2019

This does not mean businesses are disinterested in newer payment innovations, however. percent would like to integrate ePayables with virtual cards into their broader B2B operations. AP professionals’ payments innovation fervor does not seem to be translating into the broader B2B ecosystem despite such interest.

Innovation 130

Innovation Payments Data Branding 130

FICO

SEPTEMBER 19, 2018

FICO’s chief analytics officer, Dr. Scott Zoldi, has been named one of the top 100 innovators in data and analytics by Corinium. Corinium’s list spotlights business leaders, technologists and influencers who have accelerated the proliferation and understanding of data and analytics over the last 12 months. “My

Analytics 40

Analytics Innovation Data America 40

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

Perficient

APRIL 4, 2022

While mobile has long been a part of the carrier offering – pay a bill, get an ID card, file a claim – this survey reflects the evolution of insurers from transactional into personalized servicing. 1) Know Me – Data & Analytics Relevant to the Customer. We also help them achieve enterprise-wide operational excellence.?

Mobile 294

Mobile Survey User Experience Analytics 294

PYMNTS

FEBRUARY 19, 2020

Analysis of contactless card transactions revealed that the volume of commercial card contactless payments, both debit and credit, jumped 24 percent between 2018 and 2019. At the same time, commercial credit cards’ cash advances dropped 14 percent last year. SumUp Wields Cards For Faster Revenue.

Cards 131

Cards Management Report Data 131

PYMNTS

OCTOBER 30, 2020

Most of these chargebacks are legitimate requests — especially in the travel industry, where the pandemic canceled an untold number of travel plans — but some consumers might come up with elaborate excuses to avoid paying for something, like claiming fraudsters used their credit cards to book plane tickets when they just want to score free flights.

Operations 228

Operations Payments Compliance System 228

PYMNTS

DECEMBER 20, 2020

Corporate Spending Innovations (CSI) has announced that it will be spending more to boost its cloud-based services for B2B payments for advertising and media needs, a company press release says. The company is funneling capital into product development and is rolling out more ways to maximize card spend optimization.

Payments 193

Payments Analytics Innovation Data 193

PYMNTS

SEPTEMBER 17, 2019

In today’s highly interconnected ecosystem, businesses rely on many other companies to keep their operations running smoothly. A series of payment innovations are promising to put an end to some common B2B payment frictions, including online portals, same-day ACH and automated accounts receivables (AR). Fraud Epidemic.

Cards 130

Cards Payments Fraud Phoenix 130

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. A recent PYMNTS study found that 35 percent of CUs have made data analytics investments over the past three years. Developments around the Credit Union World.

Analytics 131

Analytics Video blockchain Training 131

PYMNTS

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. Bringing Innovation to a Traditional Industry. The firm is also deploying data analytics as well as fuel cards to improve its fleet management efforts. This is why Paul Davis is turning to new technology, Floyd said.

Management 141

Management Technology Analytics Resources 141

PYMNTS

DECEMBER 19, 2018

18), Extend said it is integrating its card issuing capabilities into the Visa Ready program, a framework for businesses that adopt Visa B2B payments solutions, enabling companies to more seamlessly access additional financial tools like accounts payable automation, virtual card functionality, data analytics and more.

Payments 158

Payments Cards Analytics Operations 158

Perficient

JULY 27, 2020

If you’re noticing new customers requesting accounts within your business, or new users on your site, you should look at your commerce site analytics and see what these customer demographics look like. People – Do you have the dedicated employees to staff a B2C operation? Are you currently able to accept credit cards?

Analytics 332

Analytics Technology Strategy Taxes 332

PYMNTS

JANUARY 9, 2020

Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy. This data integration trend is also driving another critical trend in procurement and spend analytics, according to Shah: enterprise-wide collaboration. ” Collaboration Through Data. .

Analytics 154

Analytics Data Trends Technology 154

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 14, 2021

PSCU’s Data & Analytics and Advisors Plus workforces collected and examined information from credit unions that harnessed PSCU for credit and/or debit processing during the 2020 and 2019 holiday seasons to calculate the 2020 holiday data. percent of card present activity on contactless credit cards.

Innovation Strategies 155

Innovation Strategies Cards Analytics Retail 155

PYMNTS

JUNE 22, 2017

A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. Nearly two-thirds surveyed (and 62 percent of CFOs, specifically) said the same about chargebacks related to card-not-present transactions. Citing Nielsen Report statistics, Vesta noted $16.3

Fraud 108

Fraud Innovation Survey eBook 108

Gonzobanker

NOVEMBER 16, 2017

In the last five years we reached the tipping point for adoption of the term big data , but unfortunately the same cannot be said about arriving at a tipping point for the success rate of analytics initiatives. In fact, analytics initiatives have one of the highest failure rates across financial institutions.

Analytics 60

Analytics Analysis Strategy Big Data 60

PYMNTS

DECEMBER 4, 2020

But for payments, the new year will dawn with a combination of disruption and innovation. Embracing innovation can be a boon for industries that were seeing growth even before the pandemic. Analytics that were not on merchants’ radar screens as recently as a year ago are suddenly timely. Easier said than done, of course.

Payments 185

Payments Innovation Online Cards 185

PYMNTS

APRIL 17, 2020

Firms will look to reassess not only how many branches they operate, but also how activities within the physical setting can be streamlined and made relevant to tech-savvy consumers. But the marketing efforts must be timely, and FIs have to leverage analytics to reach clients effectively via simplified messaging. “Now Digital-First.

Analytics 285

Analytics Community Bank Analysis Operations 285

PYMNTS

JANUARY 19, 2021

According to Suchit Bachalli , CEO of Unilog , thanks to the market's acceleration as a result of COVID-19, the industry is on the cusp of some major innovation. Offering payment flexibility, whether it's support for purchase orders and payment terms, ACH, card payments or even PayPal, is critical to providing a positive customer experience.

Online 275

Online Marketing Payments Operations 275

PYMNTS

JULY 11, 2019

In a press release issued Wednesday (July 10), WEX said it can now issue Visa virtual commercial cards for its corporate customers in the U.S., The cards can be issued in USD, GBP and euro, and WEX plans to add support for additional currencies moving forward.

Payments 108

Payments Mobile Cards Analytics 108

PYMNTS

APRIL 23, 2020

Consumers are attracted to digital banking platforms that can anticipate or fulfill their needs almost instantly, which means that banks should be focused less on what innovative technologies they are using and more on what those technologies do to aid in that experience.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

JULY 3, 2020

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

Innovation 154

Innovation User Experience Tools Technology 154

PYMNTS

NOVEMBER 30, 2020

An analytic partnership with your FinTech and payments provider is going to be key — especially as we’re heading into the next couple months of darkness, with COVID spiking and customers staying indoors,” Steinmetz said. “An Having a lot of money doesn’t solve your efficiency or operational problems,” he said. “It

Fintech 211

Fintech Innovation Analytics Seattle 211

PYMNTS

JUNE 7, 2018

Corporate Spending Innovations , formerly known as CSI globalVCard, announced on Wednesday (June 6) a partnership with THG Energy Solutions in an effort to digitize corporate payments to their utility providers. “Providing easier, more secure automated payments, along with robust utility data analytics, is certainly part of that effort.”

Payments 128

Payments Innovation Analytics Fintech 128

PYMNTS

OCTOBER 8, 2019

Corporate spend data company Comdata is rolling out a new solution for its fleet clients enabling managers to visualize key performance metrics for their operations. Insights include drive decision patterns, how fleets are spending company funds on their Comdata Fuel Cards, fuel consumption and more.

Analytics 100

Analytics Management Data America 100

PYMNTS

MARCH 1, 2019

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

MARCH 9, 2018

based The ai Corporation (ai) has announced the launch of a fleet card solution, reports in Bobs Guide said on Thursday (March 8). The ai Corporation said in a press release that it’s rolling out EazyFuel, a fuel card solution that targets card issuers and fuel retailers with its fraud management, processing and settlement solutions.

Retail 100

Retail Fraud Cards Analytics 100