PYMNTS

SEPTEMBER 30, 2018

Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. Executives told CNBC Fidelity wants to be considered an Nvidia alternative, not compared to the likes of Charles Schwab, and thus the technology push.

blockchain 164

blockchain Boston Technology Fintech 164

PYMNTS

DECEMBER 24, 2020

Square, for example, said in its latest earnings report that revenue from bitcoin trading came to $1.6 Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Building The (Retail) Use Cases.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

Insights on Business

NOVEMBER 12, 2018

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. For an example of a next-gen platform in action, look to the content from thousands of regulatory publications of different sources that are published each month.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. In at least some nod to the technicalities, back in January, the central bank envisioned that the digital currency might be issued via blockchain platform.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

JANUARY 25, 2018

The plate, available in California and due to be rolled out in other states through 2018, is a self-lit LCD screen with a display that can be changed to, for example, showcase advertising along the (government-issued) license plate number. Beyond the technology and the plate lies concept.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

NOVEMBER 24, 2020

One recent survey found that roughly 50 percent of consumers abandoned onboarding attempts that they described as cumbersome or untrustworthy over the past 12 months, for example. Other companies are leveraging advanced technologies like artificial intelligence (AI) and machine learning to boost their onboarding solutions.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

APRIL 9, 2020

According to Boston Retail Partners , 63 percent of retail personnel can’t identify customers prior to checkout. Clienteling has been around for several years as a way to empower sales associates with customer data and mobile customer engagement technology.

Retail 130

Retail Video social media Boston 130

PYMNTS

FEBRUARY 10, 2020

“AI simply hasn’t been around long enough, nor has it been adopted by enough companies, for us to determine all the ways it will ultimately drive value,” said Michael Scharff, CEO of Evolv Technologies , which provides retailers with AI expertise. That’s not to say AI won’t play a significant role, especially as it continues to advance.”.

Retail 203

Retail Boston Data Trends 203

PYMNTS

SEPTEMBER 24, 2020

For example, integrating Sidewalk into parking meters would bring low-cost network access for the city, but it will also provide more mesh nodes to strengthen network coverage and capacity.”. It could certainly benefit from adoption within smart-city projects. But he noted that Sidewalk would “struggle to match 5G’s national coverage.”

Boston 210

Boston Community Software National 210

PYMNTS

JANUARY 9, 2021

At PYMNTS, we’ve long bemoaned that with all the technological advances making machines better at tasks we don’t really want to do ourselves, we still don’t have robot butlers to call our own. In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? Yes, we do.

Boston 251

Boston Video Louisiana America 251

PYMNTS

JANUARY 21, 2020

In the latest example of hospitals’ influence in the data economy, Microsoft and Amazon now have access to patient records. And an agreement between IBM and the Brigham and Women’s Hospital from 2019 allows the Boston hospital to share personal information — although the hospital says they haven’t done that and have no plans to do so.

Data 130

Data Boston Washington Google 130

Independent Banker

NOVEMBER 30, 2021

Examples of remote authentication fraud. Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. An ecosystem problem.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

JULY 6, 2020

This technology has witnessed slow adoption in the U.S., The COVID-19 pandemic could be prompting consumers and merchants to reconsider the technology, however. One Boston-based hair salon implemented policies limiting customers to digital tips via Venmo and paying for on-site visits via card details stored on file, for example.

Cards 130

Cards Survey Examples Retail 130

PYMNTS

JANUARY 31, 2017

Other global competitors have beaten McDonald’s to the punch tech-wise — Starbucks, Domino’s and Taco Bell, for example, are years ahead of Mickey D’s when it comes to ordering online and using digital tools to enhance the consumers’ experience. Kenmore Square, Boston will activate what it calls a “customized digital Big Mac ATM.”

ATM 100

ATM Boston social media Retail 100

PYMNTS

FEBRUARY 4, 2017

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). For example, take the Super Bowl ads. And then there’s Tom Brady. No, we aren’t kidding. per second). “We

Boston 100

Boston San Francisco Houston Georgia 100

PYMNTS

FEBRUARY 4, 2017

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). For example, take the Super Bowl ads. And then there’s Tom Brady. No, we aren’t kidding. per second). “We

Boston 100

Boston San Francisco Houston Georgia 100

PYMNTS

FEBRUARY 21, 2017

Research from Boston Retail Partners (BRP) and Manhattan Associates shows that while 70 percent of surveyed North American retailers understand the importance of personalization and are putting it at the top of their objectives list in 2017, many don’t have any actual plans to put the wheels in motion for a few years out.

Retail 109

Retail social media Survey Customer Experience 109

PYMNTS

NOVEMBER 5, 2018

With the addition of Reserve, which works with about 1,000 restaurants, most of them in Chicago, Washington and Boston, Resy will now serve about 4,000 restaurants in the United States. For example, if a restaurant has a long waiting list on a Saturday night, it can use Resy to attract diners on a slower night with the offer of a free drink.

New York City 124

New York City New York Chicago United States 124

Celent Banking

NOVEMBER 5, 2014

I was amazed and encouraged how strongly the conference has bounced back since the dark days of the late 2000s, and the vibe reminded me of the recent SIBOS 2014 in Boston, where bankers and tech vendors competed for the attention of … well, bankers. Was I surprised!

Conference 157

Conference Washington Boston Big Data 157

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. Pharmacy operator CVS , for example, experimented with a program in Boston in which shoppers received free delivery on prescriptions and eCommerce purchases as well as other perks.

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

OCTOBER 18, 2016

ImageSurge, a Boston-based unattended retail service provider, is looking to change the way consumers window shop. “We believe that integration of digital marketing technologies into the physical space will play a big part in that change. I would like to see our applications in every one of these store windows.”

Retail 100

Retail Boston Mobile Technology 100

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. With the multitude of new technology that has been integrated into the workforce over the past 20 years, baby boomers are at a point where they can no longer ignore it.

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

MAY 24, 2018

To have their foot scanned in a retail environment, for example, consumers might not be comfortable standing on a machine that has been used by many other customers. If a consumer has high arches, for example, the company can engineer additional support. These traditional options may not be attractive to all consumers. The Path Ahead.

Branding 103

Branding Examples Boston Retail 103

Celent Banking

FEBRUARY 24, 2017

Creating a consolidated point of access for all corporate banking services using portal technology that eliminates the need for multiple logins and security procedures was just one of the types of initiatives that were submitted. payroll services). I look forward to seeing you there.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

FEBRUARY 16, 2017

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. “The only question is which banks will be among them.” ”

Survey 109

Survey Regional America Boston 109

Abrigo

JULY 25, 2023

For example, the FedNow Service, like Zelle, requires the bank or credit union accounts of both the sender and recipient to be based in the U.S. How FedNow processing works Instant-payment fraud implications Here’s a step-by-step example of how a FedNow credit push would work: 1. Talk to your technology partners.

Fraud 195

Fraud Payments Security Resources 195

PYMNTS

SEPTEMBER 30, 2016

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. “Without technology, this industry is not going to move much further.” Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing.

Boston 100

Boston Retail Nebraska Study 100

PYMNTS

MARCH 6, 2017

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies. The hackathon began at 8 p.m.

Retail 101

Retail Payments Boston Innovation 101

PYMNTS

AUGUST 7, 2020

Brainard, Kansas City Fed President Esther George and Boston Fed First Vice President Kenneth Montgomery also noted that the FedNow system will provide another option in a landscape already populated by, for example, The Clearing House Payments Co. FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

JANUARY 24, 2017

Voice health functionality could be coming soon to the big names in voice-activated technology. Nonprofit research center SRI International, for example, reported early results of having identified some 30 characteristics out 40,000 total features and other features that can be used to diagnose PTSD, said Forbes , with 77 percent accuracy.

Google 100

Google Study Boston New York 100

PYMNTS

JANUARY 30, 2020

We may be a long way from ending corporate waste and fraud, but spend management systems are the technology of choice for treasurers and accountants who are working to make it happen. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

JANUARY 17, 2020

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. communities.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

DECEMBER 8, 2016

Along with its Dublin headquarters, Clavis Insight has offices in London, Paris, Boston and Shanghai. Our customers could have anywhere from five to 20 technology partners supporting their eCommerce initiatives,” said Silverman. “We IRI is absolutely a critical and essential partner of ours going forward,” Silverman concluded.

Retail 100

Retail Analytics Boston Branding 100

PYMNTS

JULY 30, 2019

To take one example, look at the Starbucks results from Q2. The company’s technology was in place at 700 of the company’s stores in the quarter that was most recent. And there are plans to expand the service to additional markets in the coming months, including Boston, Chicago and Philadelphia. Starbucks Delivery.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

MARCH 25, 2019

“This is now about one product that works for your entire life,” Kirkpatrick said, noting that Mastercard has already embedded its contactless-enabling technology in 16 metro areas, including Los Angeles, Boston, New York and Denver, “which means this is no longer a change coming on the hypothetical horizon, but one coming very soon.”.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

JANUARY 17, 2018

That’s especially important when the technology in place to “follow the money” is not agile or robust enough to pinpoint suspicious activity. Australia’s parliament, as just one example, approved legislation governing AML. The industry paid $321 billion in fines just through the end of last year, estimated Boston Consulting Group.

System 102

System Technology Boston Data 102

Insights on Business

FEBRUARY 6, 2018

For example, financial intelligence regulator Austrac handed gaming giant Tabcorp a fine of AUD 45 M (USD 35 M) for non compliance, the highest ever civil penalty in corporate Australian history. Banks around the world are continuing to be penalized heavily for their inability to meet with ever-changing and complex financial regulations.

Compliance 87

Compliance Analytics Boston Regulation 87