PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. And why advances in the field of voice and visual, particularly when applied to authentication, are poised to become such a disruptive force across the payments and commerce landscape.

Innovation 109

Innovation Payments Google Training 109

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. It’s a useful metaphor for examining one of the latest payments and commerce ecosystem moves: Uber, with Uber Cash. An Ecosystem By Any Other Name.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

NOVEMBER 15, 2019

Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. Facebook Launches ‘Facebook Pay’ For Cross-App Payments.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

OCTOBER 12, 2020

The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system. It might also offer opportunities not possible with cash while supporting innovation.”. How does one then turn that into cash?

Boston 233

Boston System Online Payments 233

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. To help bring these options to shoppers, a growing group of payments players are fostering partnerships to accept new payment methods and improve their offerings. At the same time, Seat Geek is offering Apple Pay as Shopify added Venmo as a payment option.

Retail 131

Retail Payments Apple Online 131

Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

New York City 365

New York City Fintech Georgia Boston 365

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. The finding was reported by Boston Retail Partners in its 20th annual POS/Customer Engagement Benchmark Survey.

Innovation 126

Innovation Retail Mobile Massachusetts 126

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. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177

Boston Security System Cards 177

PYMNTS

AUGUST 13, 2018

Consumers, particularly millennials, are increasingly paying their bills online. are paid online, with 61 percent of those payments coming from millennials. Avail, along with its companion in the space, Cozy, are part of a growing group of online platforms looking to upend the rental process.

Payments 100

Payments Online Millennials Boston 100

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JULY 6, 2020

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. Not one to rest on his innovations, third-generation owner Bob Wong recently had two ideas as he was assessing ways to generate revenue amid the Massachusetts state-ordered lockdown and subsequent indoor dining restrictions.

Massachusetts 230

Massachusetts United States Innovation Boston 230

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Innovation by Any Other Name. Back here in the U.S.,

Regulation 181

Regulation Boston Cards Innovation 181

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Since the pandemic started, Crowe says, more customers are opening online or mobile accounts and making remote payments. Online U.S. By Elizabeth Judd.

Fraud 160

Fraud Strategy Community Bank New York City 160

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. Payment-enabled, of course.

Retail 101

Retail Payments Boston Innovation 101

Abrigo

OCTOBER 7, 2016

Have you purchased anything online recently? One study by The Boston Consulting Group estimated that small and midsize U.S. If you’re like most Americans , you have, and you likely were grateful for the time saved in traffic and at the store, or for the time or money saved in booking a trip. Reducing the IT burden.

Technology 170

Technology Boston Software Study 170

PYMNTS

JANUARY 25, 2018

In an interview with PYMNTS, CEO and Founder of Reviver Auto Neville Boston said that for the firm, which traces its genesis to 2009, the “initial thought process was simplifying the registration process. Boston noted that, with the traditional and entrenched methods, “your registration is sent out to an address.” It’s onerous.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). We always want to talk to innovators and those who understand them best. Nine years is a long time, after all.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

DECEMBER 9, 2016

Innovators — particularly payments innovators — love this particular bon mot and spend a lot of time trying to build that new payments mousetrap, in the hopes that the world will beat a path to its door. If mobile payments is going to ignite, it’s going to have to do something consumers really care about.

Payments 100

Payments Mobile Innovation Boston 100

PYMNTS

APRIL 11, 2016

. “IdentityMind Global has a unique approach to bringing integrity back to digital marketplaces and the online lending environment through the use of trusted digital identities” Zander said in a company news release. IdentityMind Global president and CEO, Garrett Gafke remarked: “We are very pleased to welcome Ed to our advisory board.

Boston 100

Boston Leadership Software Online 100

PYMNTS

DECEMBER 21, 2016

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 We automate complex payment and tax regulations in over 180 countries and offer a variety of payment checkout options,” said Smoter. Greensburg, Penn.;

Data 100

Data Boston Community social media 100

PYMNTS

NOVEMBER 11, 2019

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101

Apple Massachusetts Data Cards 101

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

JULY 30, 2019

That said, mobile order-ahead apps — as can be the case generally when comes to many types of retail innovations — have lower adoption among smaller QSRs. And there are plans to expand the service to additional markets in the coming months, including Boston, Chicago and Philadelphia. Mobile-Order Ahead.

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

JANUARY 23, 2020

People were not lovin’ it, for instance, when McDonald’s installed self-service kiosks in about 9,000 locations — with no cash payment option — leaving about 8.5 stores so that managers can get a complete view while customers track their orders online. million cash customers hungry. fast food customers pay exclusively with cash.

Dallas 131

Dallas Customer Experience Boston Mobile 131

PYMNTS

MARCH 11, 2016

After a bit of a bumpy start to the year, what has become a now multi-week debacle with the FBI over that phone and a solid month of share prices below $100, it has been a while since Apple has managed a whole week of headlines that were, more or less, positive and even hopeful about innovation in the offing.

Apple 100

Apple Houston Boston Mobile 100

PYMNTS

FEBRUARY 3, 2020

When Buy Online, Pick Up In-Store Goes Horribly Wrong. It seemed like a no-brainer: A consumer finds and pays for something online and picks it up at the store faster than they could have it delivered. Like you, I suspect, I’ve attempted to use the buy online, pick up in-store option on many occasions over the last couple of years.

Retail 172

Retail Online Study Meeting 172

PYMNTS

FEBRUARY 12, 2018

The slowing growth is off a big base — and the fast growth of online commerce is coming off a very small one, they say, so it will be a long time before in-store sales really tank. The average temperature in Boston in February is 37 degrees Fahrenheit, but on Saturday it was 52 degrees. What Innovation?

Big Data 135

Big Data Data Retail Marketing 135

Independent Banker

DECEMBER 13, 2015

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. Bill payment. Stop payment requests. Bill presentment.

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2015

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. Bill payment. Stop payment requests. Bill presentment.

Community Bank 70

Community Bank Boston Community Iowa 70

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Like payments terminals. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JULY 16, 2018

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). The firms are eyeing a confluence of mobile commerce, digital marketing and ease of payments. Picture this. It’s snowing. A driver has to pull over and get gas. It’s the kind of commerce that engenders no joy. The Available Data.

Millennials 109

Millennials Boston Retail Mobile 109

PYMNTS

JUNE 10, 2016

Circle is a payments company and one that has concluded to seek a charter from a federal banking regulator. Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. Kennedy School of Government.

Regulation 100

Regulation National Austin Fintech 100

PYMNTS

JUNE 25, 2018

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods. Prime Time at the Grocery Store.

Retail 156

Retail Branding Millennials Online 156

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades.

Industry 42

Industry Management Innovation Analysis 42

PYMNTS

OCTOBER 12, 2020

The digital transformation of the commerce ecosystem, which had been underway long before COVID-19 reared its ugly head, flipped into overdrive overnight, as consumers were forced to change their habits and shift almost everything they once did in real life to an online substitute. The Surprise in the Unsurprising. The Power of Persistence.

Retail 220

Retail Study Report Boston 220

PYMNTS

AUGUST 12, 2016

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. Barcode-Based Mobile Payments. The app will allow users to scan their prescription barcodes, which will trigger a cloud-based payment.

Lending 100

Lending Apple Cards Study 100

PYMNTS

MAY 27, 2016

Located in suburbs of Boston in the three cardinal directions that don’t lead to the Atlantic, the workspaces-within-a-store will range between 2,500 and 3,500 square feet and will feature dedicated areas for quiet and communication-heavy work. eBay’s Virtual Future.

Retail 100

Retail Las Vegas Millennials Conference 100