PYMNTS

NOVEMBER 6, 2020

Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap . Apple is still the most valuable company in the nation, but it’s worth $430 billion less than it was two months ago – primarily, analysts say, because of concerns that the new iPhones arrived too late, per news on Nov. Apple’s Services Shift Lacks Key Details.

Online 148

Online Payments Millennials Apple 148

NCR

APRIL 10, 2017

This conflict may be most apparent in Australia, where a coalition of some of the country’s largest banks has been in dispute with Apple over NFC capabilities. Apple still refused to provide this, arguing that opening up its technology for use by third parties such as financial providers would compromise security.

Apple 75

Apple Payments Mobile Groups 75

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. A PYMNTS survey of 3,000 U.S.

Survey 183

Survey Cards Millennials ATM 183

Banking 2020

AUGUST 27, 2015

ATM skimming remains a big business for organized crime rings. Thus if banks are truly interested in using mobile phones as a primary form of authentication for ATMs, they will need to sell their customers on a better, more secure user experience. But that is just one issue with QR codes.

ATM 40

ATM User Experience Fraud UX 40

PYMNTS

SEPTEMBER 19, 2018

Bank of America’s corporate cards are now compatible with such mobile wallets as Apple Pay , Google Pay and Samsung Pay. Convenience store chain 7-Eleven now takes Google Pay and Apple Pay at most of its U.S. B2B Payments Innovation. We are really just following a consumer trend,” he said. Mobile Wallet Tool.

Mobile 141

Mobile Samsung Apple Google 141

PYMNTS

JULY 10, 2020

the number of ATM transactions was down 62 percent – and Austria, among the first countries to reopen bars and restaurants, has not seen a bounceback to pre-COVID levels of cash volume. Accelerating the Speed of Innovation. At the height of lockdown, cash volumes in Spain dropped by 90 percent. In the U.K.,

Payments 201

Payments Cards Mobile Innovation 201

Insights on Business

FEBRUARY 13, 2019

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Next was born to complement Bradesco’s strategy.

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Albuquerque Digital Banking Millennials social media 152

PYMNTS

OCTOBER 1, 2018

By bringing Stripe into more markets and building out our capabilities for companies of all sizes, we hope to accelerate innovation around the world.”. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. The Skimming Scourge. eBay’s Big Jump Into Payments.

Data 108

Data ATM Apple Payments 108

Bank Innovation

OCTOBER 1, 2018

A new report shows that millennials use Venmo more than they use ATMs as if there was any doubt that to this audience an app like Venmo is a prime method of payment. Rubiix, a social spending app that distributes advertising revenue among its users, released a report Friday showing ATM transactions among millennials have […].

Millennials 150

Millennials ATM Report Payments 150

PYMNTS

MARCH 30, 2017

Apple and Square both set off on new international adventures, Wells Fargo embraced the NFC ATM, and Alipay’s parent company decided to offer a more direct response to Euronet’s challenge to its MoneyGram acquisition. Apple Goes To Taiwan, Square Goes To The UK. Apple Pay Moves Into Taiwan.

Samsung 100

Samsung Apple ATM Mobile 100

Insights on Business

OCTOBER 23, 2017

Just look at Apple and its beautifully built Apple Stores. Do Apple and Amazon care about whether you bought their products in the store or online? An optimized d istribution model helps banks distribute resources (tellers, bankers, ATMs, branches, etc.) Today in the era of Digital, what role should bank branches play?

Apple 115

Apple ATM Mobile Innovation 115

PYMNTS

JANUARY 9, 2017

As noted last week , the firm said it had expanded its partnership with Apple wherein the former’s loyalty and payroll deduct program is being rolled out with Apple Pay at 300,000 machines across the U.S. The leader among winning names was USA Technologies, which saw 10.7 percent to the upside to the week.

Payments 100

Payments Apple ATM Mobile 100

Accenture

JUNE 5, 2019

In my previous blog, I mentioned that Europe is the battlefield for GAFA (Google, Amazon, Facebook, Apple) companies from the West and from Chinese and Japanese platforms from the East, in addition to the growing number of new, smaller players entering the banking market. percent of total banking revenues in 2017.

Maine 150

Maine Innovation Examples ATM 150

NCR

JULY 26, 2017

We live in an era defined by maximum mobility and service availability for consumers, where great strides in technological innovation have created an expectation for people to be able to access the things they want, when they want them. Consider the impact the likes of Amazon and Apple have had on the retail and music industries.

Mobile 81

Mobile ATM User Experience Meeting 81

NCR

AUGUST 29, 2017

Barclays has moved closer to this goal by becoming the first high street bank in the UK to enable mobile payments via Siri, Apple’s virtual assistant. The talking ATM is another example of an innovation that has helped to improve accessibility in financial services. In a recent survey by U.S.

Payments 51

Payments ATM Apple Mobile 51

PYMNTS

MAY 31, 2016

“We want to be in an open wallet ecosystem,” Hari Gopalkrishnan, client-facing platforms technology CIO at Bank of America Merrill Lynch, told Bank Innovation. What BoA has also been focused on is promoting Samsung Pay and Android Pay as a way to make contactless ATM withdrawals. It’s an open wallet strategy.”.

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Mobile America Samsung ATM 100

PYMNTS

JUNE 17, 2020

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. BNP Paribas Adds Virtual Cards To Coupa.

Cards 169

Cards Management Tools Report 169

Bank Innovation

MARCH 29, 2016

The move was made in partnership with China UnionPay, the sole interbank ATM network and primary card issuer in China. Samsung Pay became the latest mobile payments platform to enter China, the South Korean tech giant announced today. If you’re doing card business in China, in other words, you’re doing it Read More.

Samsung 150

Samsung Mobile ATM Payments 150

PYMNTS

JANUARY 22, 2021

Skimming scams, prepaid card fraud and ATM attacks have risen significantly since the pandemic’s onset, with fraudsters following consumers’ lead in focusing on debit,” according to the January Next-Gen Debit Tracker®. In one 2020 study conducted by PYMNTS, 55 percent of U.S. Radius is also working on digital issuance.

Fraud 130

Fraud Study Cards Security 130

PYMNTS

JULY 13, 2016

He then cited NUMBER26 as having been singled out by Apple as the only banking provider in Europe that is also a leading app in the digital giant’s App Store. “We We have taken a different approach – we try to innovate banking without coming out of banking. Then he took it slightly further. “I Around the Digital Banking world.

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Digital Banking User Experience Mobile Apple 100

NCR

APRIL 21, 2017

But amidst all the excitement about new technologies and innovative payment methods, it’s important to remember that falling use of cash is a very different thing to the disappearance of cash altogether. The ATM and cash withdrawals. million ATMs in operation around the world, with this set to surpass 4 million by 2021.

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ATM Payments System Cards 75

PYMNTS

OCTOBER 11, 2017

A century later, Diebold went public and got into the ATM business. But, he added, with many banks thinking about how to leverage technology and innovation to better serve clients, getting executives to engage has become easier. Getting people to move is a slow journey, Kerr said, and it comes down to both customers and executives.

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Retail ATM San Francisco Chicago 118

Bank Innovation

MAY 26, 2016

Bank of America said “No” to innovation labs last year. This year, while rivals JPMorgan Chase and Wells Fargo & Co. are bringing wallets to market, BofA is looking instead to the surrounding ecosystem.

America 225

America Innovation Technology Marketing 225

NCR

FEBRUARY 2, 2018

One of the biggest headlines was the dispute between three of the country’s biggest banks and tech giant Apple. This related to access to the near-field communication controller in the iPhone, which would have enabled the banks to offer their own digital wallet services, in competition with Apple Pay. What is Beem?

Marketing 67

Marketing Payments Apple Fintech 67

PYMNTS

JANUARY 23, 2017

The reports surfaced in the context of rumors that Apple is looking to build a competitor product for the Echo — the Amazon Bluetooth speaker that serves as Alexa’s homebase. There are also rumors about facial recognition technology being built in — care of Apple’s recent acquisition of Faceshift and Emotient. Wells’ World Of Hurt.

Apple 100

Apple Training Report Cards 100

PYMNTS

DECEMBER 30, 2016

Obviously, the current popular biometric is a fingerprint as used on Apple and Android phones. In 2016, we saw significant innovation and adoption in front-end technologies, such as Apple Pay, Venmo and Square. In turn, these funds can be accessed immediately by the recipient to make purchases, pay bills or withdraw at an ATM.

Industry 125

Industry Trends Capital Payments 125

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm.

Regional 241

Regional National Cards Mobile 241

South State Correspondent

MARCH 28, 2022

It will become a minimum expectation for both consumers and businesses, like how the ATM and remote deposit capture evolved. Instant Credit: As the buy-now-pay-later trend moves from innovation to maturity, banks are now starting to harness this technology and extend credit instantaneously within the payment process.

Payments 195

Payments Trends Data Fintech 195

Gonzobanker

DECEMBER 14, 2023

Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. These two organizations were especially engaged with banks and fintechs in 2023 and proved to be useful experiments in the allocation of financial institution capital to innovation bets.

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Fintech Community Regional Technology 194

PYMNTS

MAY 27, 2016

Apple’s first retail store overhaul in 15 years is hailed by just about everyone as a Grand Slam Home Run – and the store hasn’t even opened yet (it will, in SF, on Saturday). The first question is simple: Battle Google and Apple at the in-store point of sale, or give them the sale points without trying.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

NCR

MARCH 19, 2018

Of the many new tools and innovations that have had an impact on how people live their lives in recent years, one of the most significant is voice technology. In order for people to trust new technologies where sensitive matters such as their finances are concerned, these tools must first earn a certain level of trust and familiarity.

Technology 74

Technology Tools Survey ATM 74

Banking 2020

OCTOBER 28, 2014

Oddly, searches for bank branches and ATMs haven’t receded. If anything, it’s speculated that mobile capabilities are actually fueling this activity—geo-location features mean consumers can be told where the nearest ATM is more easily than ever before. On the flip side, consumers don’t seem nearly as interested in mobile payments.

Google 86

Google ATM Trends Study 86

PYMNTS

MARCH 26, 2018

This Southeast Asian cryptocurrency café went one step further: Launched in Indonesia and Singapore in December 2017, Ducatus Café does not accept cash, cards or even Apple Pay. No problem: The café features an in-store cryptocurrency ATM where customers can trade their cash for bitcoin or Ducatus. Ducatus Café. No bitcoin?

cryptocurrency 126

cryptocurrency Bitcoin blockchain Payments 126

NCR

MARCH 6, 2017

By the end of 2015, two-thirds of US issuers offered debit cards eligible to be loaded into a mobile wallet like Android Pay, Apple Pay or Samsung Pay. Those that respond well to these challenges could reap the benefits from being on the frontline of an exciting and innovative sector. Image: iStock/brians101.

Mobile 85

Mobile Payments Study Samsung 85

PYMNTS

JUNE 9, 2017

That’s a boon for the security companies that lug the stuff around, and put it in banks and ATMs in the first place, before it can be dispensed to be hidden, perhaps, in mattresses. And with more than 60 percent of consumers telling us that shopping is an unproductive necessary evil, there’s a lot of room for innovation to flourish.

Bitcoin 100

Bitcoin Innovation cryptocurrency Study 100

PYMNTS

JUNE 9, 2017

That’s a boon for the security companies that lug the stuff around and put it in banks and ATMs in the first place, before it can be dispensed to be hidden, perhaps, in mattresses. And with more than 60 percent of consumers telling us that shopping is an unproductive necessary evil, there’s a lot of room for innovation to flourish.

Bitcoin 100

Bitcoin Innovation Online cryptocurrency 100

PYMNTS

APRIL 1, 2016

The natural transition of consumers adopting FinTech innovations into business owners doing the same is key, but it doesn’t happen all at once. But with Apple and Android in nearly everybody’s pockets today, the smartphone can be the most effective way to encourage electronic banking. A Natural Transition.

Payments 100

Payments Mobile Tools Technology 100