Independent Banker

NOVEMBER 30, 2021

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. Education as an anti-fraud tool.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

DECEMBER 1, 2016

Boston-based company Cybric is a relative newcomer on the cybersecurity scene, but it’s re-envisioning how developers test the security of their applications. “If If you look at the cybersecurity landscape, there are over 1,220 solutions and tools,” said Mike Kail, Chief Innovation Officer at Cybric.

Security 100

Security Boston Operations Innovation 100

PYMNTS

SEPTEMBER 17, 2020

Earlier this year, as noted by PYMNTS , the bank said it “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities.”

Policies 181

Policies Boston Examples ATM 181

PYMNTS

FEBRUARY 26, 2019

The access is exclusive to Caesars locations across select states where the company operates casino properties. ” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and Australia. . and Australia.

Online 108

Online Mississippi New Jersey Boston 108

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.

Payments 244

Payments Boston System Operations 244

PYMNTS

AUGUST 24, 2019

According to Zach Hensley, vice president of operations and guest experiences for the Seahawks and CenturyLink Field, these services are changing how fans experience live games and boosting their overall enjoyment. These teams are looking to mobile apps to innovate payments in a way that will revitalize purchases and the game experience.

Payments 161

Payments social media Mobile Seattle 161

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

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts.

US 116

US Capital California San Francisco 116

PYMNTS

OCTOBER 20, 2018

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. Over the last nine years, it has been PYMNTS’ privilege to speak with some of the most innovative minds in payments and commerce.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

SEPTEMBER 9, 2016

Connected2Fiber uses predictive artificial intelligence to connect telecom suppliers with corporate buyers, while providing a secure, cloud-based platform for its clients to exchange network intelligence. This startup is laser-focused on one B2B industry: telecom networks. million in seed funding, announced on Thursday (Sept. B2B eCommerce.

Capital 100

Capital Boston Management Report 100

PYMNTS

JANUARY 17, 2020

Think of access to reliable internet service, perhaps, as roughly similar to access to reliable and secure financial services — without both, the larger worlds of payment and commerce can indeed suffer. “In In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles. communities.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

AUGUST 13, 2018

Most consumers say they prefer to make payments online, thanks to the speed and convenience of online portals, but the Federal Reserve Bank of Boston claims that more than 80 percent of rent payments are still paid with paper checks or cash — despite frictions that plague such payments, like slower transaction times and security flaws.

Payments 100

Payments Online Millennials Boston 100

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” It’s secure, it’s cheap, it’s faster than a speeding bullet. We profile innovators on PYMNTS.com every day.

Bitcoin 100

Bitcoin blockchain Video Apple 100

PYMNTS

APRIL 30, 2018

Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. Bankruptcy protection will reportedly enable the company to close stores faster, breaking its losses and keeping operations running in the meantime. Subway has 44,000 locations worldwide, all of them independently owned. It’s about growing the business.

Retail 100

Retail Branding Boston Washington 100

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. Next-gen means an ecosystem of standardized GRC knowledge and tools all operating together.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

JUNE 21, 2016

These programs — which include apps like GrubHub, Foodler, Favor, Seamless and DoorDash – operate independently of merchants, acting as middlemen between in-home consumers and various eateries. When you order your first Favor, you’ll enter the payment information, which we store securely. Or, for that matter, even a lobster dinner?

Resources 102

Resources Operations Technology Boston 102

PYMNTS

JUNE 1, 2020

One of the best things that happened last week was the reopening of hair salons in Boston. And that will become this salon’s standard operating procedure going forward. It doesn’t appear that this experience is exclusive to fancy hair salons in Boston. Don’t Touch This.

Cards 147

Cards Study Maine Payments 147

PYMNTS

SEPTEMBER 24, 2018

Emma Nutt, born in 1860 in a small town in Maine, was hired by Alexander Graham Bell in 1878 to be the world’s first female telephone switchboard operator. She stayed with Bell and the Boston Telephone Dispatch Company for more than 30 years until her retirement. At the end of her three-decade-plus career, about 25 percent of the U.S.

Google 190

Google Branding System Apple 190

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. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

APRIL 25, 2020

Robots – specifically the Boston Dynamics robotic dog, Spot – have a future as frontline medical responders, it seems. These days, Spot, now modified with a tablet for a “face,” can be found roaming the halls of Brigham and Women’s Hospital in Boston. The field test comes early in Spot’s life.

Boston 239

Boston Las Vegas Tools Examples 239

PYMNTS

AUGUST 5, 2016

For a startup that’s done some pretty heavy lifting to successfully recruit merchants to join an innovative new eCommerce platform, being front page news lauding its accomplishments is always great news. And Boston-based D rizly ’s news yesterday of its $15 million in Series B funding was a noteworthy milestone, for sure. .

Comparison 100

Comparison Retail Boston Online 100

Independent Banker

JULY 31, 2022

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. The days of people coming in to cash their Social Security checks—those are pretty much gone. You don’t go to school to learn how to become head of deposit operations.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

MAY 18, 2018

Or just to boo the Yankees (Boston-based baseball fans, mostly). All of these things, John noted, have security issues – and are terribly inefficient. Yogi Berra, baseball’s undeniably greatest quote factory, noted the following of his life in the game: “If I didn’t make it in baseball, I won’t have made it workin’.

Cards 115

Cards Community Boston Payments 115

CB Insights

MARCH 27, 2019

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves.

Google 76

Google Apple Security Data 76

CB Insights

AUGUST 3, 2017

They’re also bullish on how Element AI’s cooperative platform and “non-predatory” approach to AI talent (in which academic researchers are paid like private employees) will accelerate AI innovation. Other early-stage AI startups operating in the AI-for-business niche include Saba Software and DataFox. Julia Computing.

Security 34

Security Capital Software Data 34

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. That would ignore the fact that there’s a huge swath of SMBs who operate just like him and bank at one of the 13,198 banks that have not yet connected to the Zelle network — lots of them very small.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. is arguably ground zero for open banking and, if investment flows are an indicator of where the FinTech-driven innovation will be, then the U.K.

Fintech 285

Fintech Data Regulation Innovation 285

PYMNTS

MARCH 17, 2017

Companies across the enterprise security, SME banking and even workplace communication (think WhatsApp for the enterprise) sectors all landed funding, but nearly 80 percent of the funding went to a single company in the software-as-a-service (SaaS) arena. Enterprise Security. Dyadic Security. SME Banking. ServiceTitan.

Fintech 104

Fintech Detroit Michigan Capital 104

PYMNTS

OCTOBER 3, 2019

The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. The fraud and security teams have to get it right 100 percent of the time to maintain their position of trust across the financial services ecosystem. And it all moves very quickly.”.

Fraud 156

Fraud Security System Cards 156

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

MAY 12, 2020

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. The companies said their solution aims to enhance the visibility and efficiency of B2B transactions, which have been largely left behind despite accelerating FinTech and payments innovation.

Payments 130

Payments Fraud Community Boston 130

William Mills

MAY 11, 2016

Diana Chin (HR & Operations). It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Chip card reader for when customers are shopping online to improve security.

Video 40

Video Mobile social media Analytics 40

Abrigo

MAY 8, 2024

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. That’s equivalent to 9% to 15% of operating profits, the report notes. This can include images, videos, audio, text, and other digital content.”

Examples 221

Examples Fraud Resources Risk Management 221

NCR

OCTOBER 3, 2016

If government proposals come to fruition, financial institutions in the UK will soon be operating in an ‘ open banking ‘ environment. “Our reforms will increase innovation and competition in a sector whose performance is crucial for the UK economy.” Image Credit: iStock/Franck-Boston.

Retail 98

Retail Boston Industry Management 98

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. In today’s world there is uncertainty around many things, your finances don’t have to be one of them. Key Executives.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

MARCH 13, 2019

New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year. Company Description: Circle Internet Financial is a Boston-based cryptocurrency company offering a crypto exchange platform, money transfers, and investment services. Circle Internet Financial. Valuation: $3B. InVision.

San Francisco 77

San Francisco Company US California 77

CB Insights

SEPTEMBER 4, 2018

A few of the companies or brands listed below belong to the same parent organization, but are detailed separately if they are operating distinct autonomous development programs. Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. Aptiv hits the road for testing.

System 78

System Technology Michigan California 78