PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

MARCH 19, 2019

To enhance diners’ experiences in quick-service restaurants (QSRs), managers are utilizing digital innovations, enabling everything from faster orders to more efficient kitchens. However, they’re less enthusiastic about high-profile innovations such as mobile apps and kiosks.). More than six in 10 – or 65.3 Almost half – or 47.5

Innovation 179

Innovation Houston Denver Mobile 179

Bank Innovation

MARCH 17, 2017

Boston-based money transfer firm Flywire has launched a new offering, targeted at international business-to-business (or B2B) payments. The fintech will enable faster settlement between businesses, seeking to make those transaction “local.”

Boston 191

Boston Payments Fintech Online 191

Payments Source

SEPTEMBER 12, 2018

A new venture capital firm hopes will differentiate it from other fintech investors by taking a more hands-on approach.

Boston 101

Boston Fintech Innovation Capital 101

PYMNTS

MARCH 15, 2017

The big day has finally arrived — no thanks to Mother Nature, who decided to throw a disruption of her own at the year’s biggest celebration of innovation in the shape of a blizzard named Stella. The fifth anniversary of Innovation Project in Harvard Square today being one extremely tenacious example.

Innovation 116

Innovation Payments Bitcoin Retail 116

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States.

America 189

America Kansas City Payments Kansas 189

Bank Innovation

OCTOBER 22, 2019

Payments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis.

Boston 170

Boston Data Branding Analysis 170

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders.

Payments 244

Payments Boston System Operations 244

PYMNTS

AUGUST 14, 2020

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

San Francisco 283

San Francisco Boston Policies Massachusetts 283

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

JUNE 8, 2020

Amy’s payments industry insight and unique experience in properly scaling a company will be valuable assets to our growth strategy,” said Paytronix CEO Andrew Robbins. “I Amy is an exceptional entrepreneur,” said Nick Cayer, partner at Boston-based Great Hill Partners.

Industry 130

Industry Payments Austin Boston 130

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

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

Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Product Innovation — for demonstrating the ability to launch multiple innovative products. I look forward to seeing you there.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Product Innovation — for demonstrating the ability to launch multiple innovative products. I look forward to seeing you there.

Innovation 100

Innovation Lending Boston Trends 100

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

MARCH 17, 2017

But some things are different when it comes to intellectual gatherings — at least if the gathering is peopled with some of the best and brightest and insightful in payments. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Pot Shots in Payments. Connectivity and Collaboration.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

JANUARY 17, 2021

This investment will help us to continue to innovate, developing new tech tools to support restaurants, to provide riders with more work and to extend choice for customers, bringing them the food they love from more restaurants than ever before,” Will Shu, Deliveroo founder and CEO, said in the announcement.

Maryland 181

Maryland Boston Capital Innovation 181

PYMNTS

AUGUST 24, 2019

As diehard baseball geeks pout about having to share TV time with another major sport, and most of the country goes into New England Patriot-hating mode, the digital payments and commerce industry gets pretty optimistic – and even excited. That’s because every NFL season promises to bring advances in payments. Biometric Plays.

Payments 161

Payments social media Mobile Seattle 161

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

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Legacy Transformation / IT Platform Innovations. Emerging Innovation. Operations and Risk.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

AUGUST 3, 2017

Plain cake, glazed, chocolate dipped, Boston creme, powdered sugar and jelly was the standard line – with perhaps the occasional cruller or blueberry cake thrown in for exoticism. Moving To Mobile Payments . Donuts used to be one of the more standard staples of the American “balanced” breakfast.

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

FEBRUARY 4, 2019

They aim to help shoppers move seamlessly from browsing a merchant’s website to perusing the aisles of brick-and-mortar stores through shared carts and other digital payment experiences. 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

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

OCTOBER 13, 2020

The partnership with LevaData comes as Boston-based Bain, through its supply chain management consulting practices, works with companies looking to digitalize their supply chain network.

Management 233

Management San Jose Boston California 233

PYMNTS

SEPTEMBER 14, 2020

The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. We’re thrilled to welcome Postmates to the Uber family as we innovate together to deliver better experiences for consumers, delivery people, and merchants across the country.”.

San Francisco 190

San Francisco Indianapolis New York City Vermont 190

PYMNTS

APRIL 21, 2020

Halfway through the year, the company began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. Early in 2019, the head of Maven left her post. At its peak, Maven was available in 17 cities across the U.S. as an alternative to companies like Zipcar and Car2go.

New York City 140

New York City Boston Chicago Washington 140

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. As cyberattacks grow in scale and sophistication, it is critical that we advance trust in our payments system.”.

Boston 177

Boston Security System Cards 177

PYMNTS

APRIL 11, 2017

The Super Bowl may be a memory, but the somewhat improbable victory of the New England Patriots was still fresh in the minds of many at snow-jammed Boston during Innovation Project 2017. Innovators and entrepreneurs — they live and die by their ideas,” said Bisignano.

Data 138

Data Payments Innovation Retail 138

PYMNTS

NOVEMBER 14, 2018

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

Retail 131

Retail Payments Apple Online 131

PYMNTS

JANUARY 17, 2020

These days, it seems like you can hardly go a minute without hearing about the rise of 5G, the spread of facial recognition or how friction is being removed from all types of payment methods. Better internet for more people has obvious and positive implications for eCommerce and payments. communities. Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

Celent Banking

JANUARY 20, 2017

Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.

Case Study 100

Case Study Boston Innovation Massachusetts 100

PYMNTS

SEPTEMBER 17, 2020

One key reason: the New Payments Platform is doing just fine. 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

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

MAY 11, 2020

The newest order includes: Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle. These red flags include cash payments/payoffs on loans, early payoffs, large wire transfers for loan payment, and other red flags for suspicious activity. Learn more.

New York City 195

New York City Las Vegas Miami San Antonio 195

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