PYMNTS

AUGUST 7, 2020

6) symposium highlighting the Fed’s approval of the FedNow system, Fed Gov. As for a time frame for launching the new system, Fed officials said in a webcast detailing the particulars that FedNow would debut in 2023 or 2024 and would take a phased approach to implementation. FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

Boston 177

Boston Security System Cards 177

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. What would a discussion about payments, innovation, cybersecurity and all manner of commerce be without a few laughs?

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

MAY 12, 2020

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. He recommends digitizing key components of paper check payments, including the automatic capture of payment data and integration with firms’ enterprise resource planning (ERP) and other back-office systems.

Payments 130

Payments Fraud Community Boston 130

PYMNTS

OCTOBER 3, 2019

Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent . The rivalry between cybercriminals and the fraud and security teams at banks, which are tasked with stopping their attacks, is incredibly lopsided. And Gerber noted that the attacks are going to keep on coming. .

Management 108

Management Fraud Payments Boston 108

PYMNTS

JUNE 20, 2019

To meet this rising demand, QSRs are tapping into ordering interfaces built into cars and reconstructing stores to make for smoother mobile pickup — along with other innovations. From Chipotle Mexican Grill to Square , QSRs and payment firms alike are enabling a world of ordering innovation.

Mobile 116

Mobile Jacksonville New York City New York 116

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. He noted there has been additional input from the FedNow Community of 700 members.

Payments 244

Payments Boston System Operations 244

PYMNTS

DECEMBER 26, 2018

Treasury’s FinCEN and Federal Banking agencies issued a joint statement encouraging innovative industry approaches to combating money laundering, terrorist financing and other illicit financial threats. The financial industry has paid $321 billion in fines just through the end of last year, as estimated by Boston Consulting Group.

Compliance 191

Compliance System eBook Examples 191

PYMNTS

SEPTEMBER 17, 2018

This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. But to remind all of us that payment innovations are only as good as the certainty those innovations deliver to their intended users. Or to buff up PayPal. Distress creates friction.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

MARCH 25, 2019

That’s not to suggest these closed-loop systems are going the way of the paper ticket anytime soon. Those systems still have to serve everyone, including cash-only customers. Many things had to happen, particularly embedding safety and security around these transactions so this great new innovation doesn’t end up enriching fraudsters.

New York City 179

New York City Los Angeles New York Training 179

Independent Banker

JULY 31, 2022

The best way for community banks to keep their profitability high is for their control systems to be working properly,” maintains Cathy Ghiglieri, president of Ghiglieri & Company in Pinehurst, N.C. Often, these bankers rose to the occasion by employing tech solutions or other innovative approaches. Strengthen controls.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

JANUARY 7, 2019

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. That makes it the most important year of the last decade.

Mobile 205

Mobile Innovation Apple Study 205

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing. Angela Ahrendts.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

Independent Banker

OCTOBER 29, 2014

As players in the Apple Pay initiative, Visa, MasterCard and ICBA Bancard are working to ensure community bank credit card customers will have full access to the mobile payments system, including its tokenization security measures. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

Gonzobanker

DECEMBER 17, 2021

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. 82% to over 2.3%

Fintech 143

Fintech Strategy Leadership Lending 143

William Mills

MAY 9, 2018

How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today. HQ: Boston, MA. Their platform integrates with common mortgage loan origination systems. Website: projectfinance.io.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

JULY 23, 2020

A completely remote workforce seems unlikely, given the intangible benefits of social connection, collaboration, and innovation that in-person working provides. By implementing and enforcing these systems, employers can create a more positive experience and reduce anxiety. Finally, several of these solutions are relatively low in cost.

Meeting 101

Meeting Tools Survey Company 101

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Company: Lilliputian Systems. The Nectar system had its roots at MIT’s Microsystems Technology Lab — and may have simply left the lab a few years too early. via Beta Boston. Company: COPAN Systems. Company: Rdio.

Capital 78

Capital Company San Francisco Operations 78

William Mills

MAY 11, 2016

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Started talking about the challenge of having to change credit cards all the time (due to fraud). Sberbank – @sberbank – [link].

Video 40

Video Mobile social media Analytics 40

CB Insights

OCTOBER 31, 2017

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Read more here.

Company 78

Company US San Francisco Capital 78