PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. One such innovation comes from credit union service organization (CUSO) PSCU , which recently released a desktop automation system to optimize CU call centers. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Instead, as PYMNTS has regularly reported, the situation is much less black-and-white than the article suggests.

Fintech 191

Fintech UX Mobile FDIC 191

PYMNTS

JUNE 28, 2017

The space changed when Barclays Bank announced the launch of the world’s first ATM machine which could dispense up to ten £1 pound notes in exchange for a bank-issued voucher. Fast track to today and the United Kingdom is home to more than 70,000 ATM machines used by 94 percent of the adult population. That was 50 years ago.

ATM 100

ATM Cards Payments Marketing 100

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. But the real lifestyle upgrade came when you had fintechs like Xoom and PayPal that made payments happen in near real-time. Let us step back in time and look at the last 50 years.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

MARCH 1, 2020

The payroll software makes it easier for companies to manage workers’ salary information. “It It’s our constant aim at NPCI to reach out to the vast unbanked population with technology innovation,” said Kunal Kalawatia, head of marketing at NPCI.

Fintech 130

Fintech ATM National Maine 130

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

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. Managing The Invoice. That's a rolling ATM.

Industry 219

Industry Payments Retail Regulation 219

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. Expensify Links Cards To Booking.

Cards 169

Cards Management Tools Report 169

Gonzobanker

JUNE 7, 2023

At first glance, the account resembles plenty of others – free ATM access at thousands of locations, no monthly fees and no minimum account balances. It’s more important than ever that financial health innovators actively seek to understand and design for this segment of prospective fintech users.”

Los Angeles 133

Los Angeles Fintech Digital Banking Tools 133

PYMNTS

APRIL 2, 2020

Other banks and B2B FinTechs, meanwhile, have found additional ways to wield the power of the commercial card this week. PYMNTS rounds up the latest in commercial card innovation below. PayRange is another FinTech using card products to accelerate access to capital for businesses and professionals.

Cards 164

Cards Capital Tools Fintech 164

Accenture

JUNE 5, 2019

Late 19th century American farmers, threatened by industrialisation, had to use new tools and techniques to innovate and survive. Carver was certainly an innovator, having reputedly discovered three hundred uses for peanuts and hundreds more for soybeans, pecans and sweet potatoes. 1 CreditEnable.

Trends 172

Trends social media Innovation Technology 172

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. These can be used as ATMs but also offer video banker service,” Versluys says. “We This began with its launch of Personal Finance, a software program that helps customers budget, track spending and manage savings goals. “We By William Atkinson.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. It should be publishing informed insights but this post was more of a headline grabber from Scott A. million banking jobs by 2025.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

OCTOBER 18, 2019

WHSmith is excited to launch Mastercard’s innovative new payment method, Pay by Bank app. Managing director since 2017, Dobbie is leading Vocalink in the expansion of B2B payment services in the U.K. s real-time and batch payments, direct debit bill pay systems and the country’s network of nearly 70,000 ATMs.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

JUNE 4, 2020

How this plays out as financial institutions (FIs) throttle up digital innovation amid waning COVID panic forms the substance of The Digital Payments in a Digital World Playbook for June. Evolutionary Forces Gather. The key is to provide the customers with the choices and comfort level they want, delivered where they are.

Payments 132

Payments Regional America Mobile 132

PYMNTS

FEBRUARY 14, 2017

Diebold Nixdorf is teaming up with FinTech startup Air Bank in the Czech Republic. According to a report , Diebold Nixdorf is partnering with Air Bank because it has been able to innovate and enhance the consumer experience with the CS 2020 cash dispenser, software and services. ”

Software 100

Software ATM Cards System 100

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

OCTOBER 16, 2017

From an acronym known mostly by programmers in the early 2000s to something thousands of innovators have embraced to ignite numerous innovative solutions, it’s been an electric journey for the application program interface (API). Two To Tango.

Technology 200

Technology Innovation ATM Resources 200

NCR

DECEMBER 21, 2015

Three barriers to banking innovation: For banks to succeed in the coming year, they need to focus on customer satisfaction, exploring new ways to improve management and technology innovation , which is outlined in this article. Articles via The Financial Brand, Banking Exchange, NCR Blog. What have you been reading?

Innovation 40

Innovation Mobile Retail Payments 40

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. Financial management. Day-to-day tasks.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

OCTOBER 30, 2018

Translating that trust advantage into mobile market share, however, is another matter entirely, as was discussed in a recent PYMNTS interview with Gerhard Oosthuizen, chief technology officer for Entersekt , a South Africa-based FinTech firm that focuses on mobile authentication and app security software.

Mobile 184

Mobile UX Security Fintech 184

FICO

NOVEMBER 26, 2019

Take Care at ATMs. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash. Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.

Fraud 59

Fraud ATM Cards Online 59

PYMNTS

MAY 23, 2019

Zerocard doesn’t charge any annual fees and doesn’t add ATM fees. Zero creates an innovative debit-style experience, with an elegant design, and truly compelling rewards. It’s a fabulous banking experience,” said Hans Morris, Managing Partner of Nyca Partners and former President of Visa, Inc., in a statement.

Cards 135

Cards Millennials FDIC ATM 135

FICO

APRIL 28, 2020

The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Decision Management Innovation.

Analytics 52

Analytics Fraud Management Innovation 52

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. Visa, Sabre Pair For Virtual Travel Cards.

Cards 131

Cards New York Lending Strategy 131

NCR

JULY 14, 2017

Consumers in developed economies now have unprecedented choice in how they make payments and manage their money. Giving the entire global population access to banking services will require a collaborative effort spanning various channels and financial systems, from the most familiar to the most innovative. ” Mobile banking. .”

ATM 80

ATM Industry Conference Bitcoin 80

PYMNTS

MARCH 7, 2019

However, the way payments innovation is pursued — and becomes reality — is changing, too. Furthermore, the lines between financial services, FinTech firms, payment providers and even open source “communities” continue to blur as collaboration takes shape. Making Old ATMs New(ish).

ATM 194

ATM Innovation Payments blockchain 194

PYMNTS

JANUARY 3, 2019

While banks are only thinking about underwriting, other FinTech players are thinking about that full journey — and are capturing the customers who will then open the loan “along the way” with the player that brings them that fuller list of relevant services. “We The average customer, he noted, takes cash out of an ATM twice a month.

ATM 154

ATM Data Examples Training 154

Insights on Business

MAY 24, 2016

Agile start-ups and innovative Fintechs not only increase the threat of losing customers but also impact business results. Today disruption is all pervasive – be it with technology, innovation or empowered customers. The need for speed and innovation pose a constant challenge when catering to an ever younger Digital generation.

Industry 79

Industry Innovation ATM Video 79

PYMNTS

MAY 11, 2017

PYMNTS recently caught up with Dominic Venturo, executive vice president and chief innovation officer of U.S. Bank , who discussed the bank’s experience with hackathons and what types of innovations these events have produced so far. Bank’s branch and ATM locations to be displayed on Google and Bing maps using a mobile device.

Innovation 143

Innovation Mobile ATM Tools 143

PYMNTS

JANUARY 31, 2020

Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions. Managing Spend in a Sector Where Unplanned Expenses Are the Norm. Trackers and Reports.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JANUARY 6, 2021

Though the investments in a payments system itself may be huge, the costs of actually managing the transactions (which boil down, really, to data flows) are essentially zero. And they're used basically once with an ATM to withdraw" funds, said Diaz. But as Diaz stated, the model is based on sound economic principles.

Payments 363

Payments User Experience System Mobile 363

Insights on Business

OCTOBER 23, 2017

An optimized d istribution model helps banks distribute resources (tellers, bankers, ATMs, branches, etc.) Innovative service d elivery models help banks deliver products and services to customers in ways that produce better experience at a lower cost. across the market so that business goals can be met.

Apple 115

Apple ATM Mobile Innovation 115

Insights on Business

MAY 24, 2016

Agile start-ups and innovative Fintechs not only increase the threat of losing customers but also impact business results. Today disruption is all pervasive – be it with technology, innovation or empowered customers. The need for speed and innovation pose a constant challenge when catering to an ever younger Digital generation.

Industry 70

Industry Innovation ATM Video 70

PYMNTS

AUGUST 17, 2017

A separate survey from management consulting firm Bain & Co. For American regional financial services company Bank of the West, a division of international bank BNP Paribas, striking the right balance has meant seeking collaborations with competitors in the FinTech space instead of focusing on a digital-only approach.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Insights on Business

NOVEMBER 22, 2017

The changes we see in the global payments landscape, driven by innovative technologies, are fundamentally changing the industry, but they come with a brand new set of challenges. Over the past decade, sophisticated fraudsters have learned to rapidly scale up their attacks, making them more skilled at exploiting payment systems.

Fraud 125

Fraud Payments Innovation Industry 125