NCR

FEBRUARY 2, 2018

There have been some interesting developments in the Australian payments market in recent times. One of the biggest headlines was the dispute between three of the country’s biggest banks and tech giant Apple. The burgeoning fintech market is indicative of the broader industry expansion occurring in the country. .”

Marketing 67

Marketing Payments Apple Fintech 67

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

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

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.) across the market so that business goals can be met.

Apple 115

Apple ATM Mobile Innovation 115

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

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

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.”.

Mobile 100

Mobile America Samsung ATM 100

Bank Innovation

MAY 26, 2016

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

America 225

America Innovation Technology Marketing 225

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

DECEMBER 30, 2016

Third, B2B payments in developing markets will outpace mature markets.”. The increasing availability of technology has allowed entrepreneurs from all over the world to tap into the global market, aided in particular by marketplaces like Amazon that have lowered the barriers to international expansion.

Industry 125

Industry Trends Capital Payments 125

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.

Retail 118

Retail ATM San Francisco Chicago 118

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

JUNE 10, 2019

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. There were plenty of introductions last week.

Apple 122

Apple Data social media Policies 122

PYMNTS

APRIL 1, 2016

Every business is challenged by cost compression, market compression, time and cost savings,” Robb noted. The natural transition of consumers adopting FinTech innovations into business owners doing the same is key, but it doesn’t happen all at once. They’re trying to scrape as much out of a business as possible.” A Natural Transition.

Payments 100

Payments Mobile Tools Technology 100

Banking 2020

JANUARY 15, 2015

The big new feature in 2014 was Apple Pay, which had many banks scrambling to get onboard after the November launch. Payment disruption and innovation. Apple Pay opened the door for mobile payments, and continued evolution is certain. Branch innovation and branch closings. This year will be huge for payment disruption.

Retail 40

Retail Trends Millennials Mobile 40

NCR

SEPTEMBER 12, 2016

The availability of contactless cards, schemes like PayPal and mobile payment services for Apple and Android devices – added to a plethora of credit and debit cards – means global consumers have more ways to complete transactions than ever before. Security concerns. Image: iStock/pixelheadphoto.

Michigan 40

Michigan Cards Mobile ATM 40

NCR

SEPTEMBER 15, 2016

However, it’s also true that many of the greatest technology innovations didn’t meet a need, they created one. In fact, it’s quite normal for the market to just about double every year. A few decades ago, the changes took the form of ATMs and index funds; now, every aspect of every operation is potentially prone to disruption.

Fintech 40

Fintech Technology US Tools 40

PYMNTS

JANUARY 20, 2017

While there are payment cards on the market that have the multifunction NFC capability but still offer tokenized transactions using magstripe, Buzzard said he would rather see the focus go into a shift toward mobile and promoting other standard tokenized products in the market.

Fraud 100

Fraud Cards Security Tools 100

NCR

MARCH 20, 2017

Meghan Cieslak, director of communications at the Electronic Transaction Association, noted that more than one in three stores in the US (36 percent) now accepts Apple Pay, for example, up from just 16 percent a year ago, and nearly a fifth of consumers around the world made an in-store mobile payment in the last six months.

Payments 75

Payments Mobile Cards Examples 75

William Mills

SEPTEMBER 9, 2016

Auto-financing is ripe for innovation. Targeted at Marketing, execs, lines of business owners, etc. 2015 formed aspire to address inefficiencies in alternative lending market. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. Built a solution called Customer Insight for banking.

social media 40

social media ATM Mobile Customer Experience 40

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. Brexit, Schmexit. “The U.K.

Samsung 100

Samsung Apple ATM Mobile 100

Tomorrow's Transactions

FEBRUARY 15, 2016

They say: When looking at the potential long-term effects of payment market evolution, a new question arises: which money will we pay with? Or should they sit back and let a thousand flowers bloom as Facebook, Amazon, Verifone and Apple issue digital money? Promoting innovation in payment system. They have to do something.

Industry 39

Industry Maine System Payments 39

South State Correspondent

MARCH 28, 2022

As we pointed out, banks are in an ideal position to take advantage of these trends and grab market share back from the traditional card networks and fintechs. It will become a minimum expectation for both consumers and businesses, like how the ATM and remote deposit capture evolved.

Payments 195

Payments Trends Data Fintech 195

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.

ATM 75

ATM Payments System Cards 75

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

William Mills

AUGUST 11, 2016

Their branches, their ATMs, their contact center and their voice response unit. HL: Well we know that Chase is planning to launch Chase Pay and that’s really going to shake up the market. Second, they know that this will move market. The wired desktop experience, the mobile experience, the mobile app.

Branding 40

Branding Mobile Retail Strategy 40

Tomorrow's Transactions

DECEMBER 19, 2016

mark my words it was one of the most significant events in the evolution of the UK payments industry since Reg Varney got a tenner out of that first ATM in Enfield half a century ago. 2017 will see the emergence of the next generation of innovation in fintech that addresses risk management and regulation for the bank. Enough said.

Mobile 30

Mobile Retail Trends Security 30

William Mills

MAY 11, 2016

Demoing first with apple watch. Is this the first time we have seen an apple watch as apart of a demo today? Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. What’s the market strategy? David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

OCTOBER 16, 2016

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. since DirectCash Payments has 25,000 ATMs around the globe, primarily in Australia, Canada, and the U.K. From partnering with innovative startups to acquisitions, incumbent insurance firms are increasingly aware of the challenge.

Trends 12

Trends Fintech blockchain America 12

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. This model gives visibility in the public markets to what Chime may try to sound like. That is a lot of proofs of concepts and Chief Innovation Officer conference travel agendas.

Capital 52

Capital Software Lending Apple 52

CB Insights

SEPTEMBER 10, 2019

73% of millennials say they would be more excited about a new financial offering from a tech company like Google, Amazon, or Apple than from their nationwide bank. This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

MAY 21, 2016

Just weeks removed from the launch, PYMNTS caught up with Ed Metzger, Santander UK’s Head of Innovation, Technology and Operations, to talk about initial impressions and what’s next for voice technology in banking. Metzger said that positive response has affirmed the value of experimenting with strategic innovation within the banking realm.

Technology 115

Technology Trends Maine Digital Banking 115

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

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. However, the company told Reuters its goal is to demonstrate that bitcoin and other cryptocurrencies can be used in everyday business and not just market speculation.

cryptocurrency 126

cryptocurrency Bitcoin blockchain Payments 126

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.

Community Bank 60

Community Bank Apple Community Technology 60

NCR

DECEMBER 28, 2015

As documented exhaustively on this blog, many options have hit the market in the last few years, including some with predictions of being a game change, but the market didn’t experience a dramatic shift overnight. Just about any option on the market represents a major advance over cash or even credit cards.

Apple 40

Apple Mobile Technology Security 40