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

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. Here’s why.

Innovation 109

Innovation Payments Google Training 109

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

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. According to the latest PYMNTS mPOS Tracker , almost two thirds – or 63 percent – of retailers plan to offer this option within the next three years.

Innovation 126

Innovation Retail Mobile Massachusetts 126

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

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

PYMNTS

JULY 8, 2019

But that’s not stopping efforts at innovation and disruption in this space. Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. The last such store closed earlier this year in Boston.

Retail 116

Retail New York City Millennials Boston 116

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

Bank Innovation

OCTOBER 22, 2018

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct.

Boston 186

Boston Big Data Fintech Conference 186

Celent Banking

MARCH 14, 2017

This is the next instalment of our Model Banking preview blogs, and it’ll come as no surprise that I will focus on Payments. It’s also somewhat frustrating too at times – payments, covering so much territory, often ends up with the tricky task of comparing two very different projects, and trying to decide which is best.

Case Study 100

Case Study Payments Innovation Boston 100

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. In many firms, “from SMBs up to the biggest retailers,” said the executive, assets have been siloed. Bisignano agreed (“This is a journey”).

Data 138

Data Payments Innovation Retail 138

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

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. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

Apple 227

Apple Study Innovation Survey 227

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

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

JUNE 5, 2019

While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. Companies across the globe are innovating their mPOS solutions for faster, more secure services.

San Diego 130

San Diego Apple America Mobile 130

PYMNTS

JUNE 25, 2018

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime for a Payments Switch.

Retail 156

Retail Branding Millennials Online 156

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

Celent Banking

APRIL 7, 2017

Many of us at Celent just came back from a busy and exciting week in Boston. Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Payments Replatforming. Consumer Banking Channel Innovation.

Case Study 189

Case Study Boston Risk Management Study 189

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Goldman reportedly wants to keep expanding retail offerings and raising revenue, while Saga wants to become more competitive in regards to savings offerings.

Management 108

Management Fraud Payments Boston 108

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

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

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

PYMNTS

MARCH 16, 2017

And indeed, the middle of this month has been nothing if not gusty, but daunted not the gutsy — who trekked by the hundreds to Boston for the opening of the annual Innovation Project. The winds blew cold, but discussion ran heated with ideas, writ large and granular, about the future of payments, for the first of two days.

Payments 102

Payments Innovation Data Course 102

PYMNTS

MARCH 16, 2017

And indeed, the middle of this month has been nothing if not gusty, but daunted not the gutsy — who trekked by the hundreds to Boston for the opening of the annual Innovation Project. The winds blew cold, but discussion ran heated with ideas, writ large and granular, about the future of payments, for the first of two days.

Payments 102

Payments Innovation Data Course 102

PYMNTS

JANUARY 7, 2020

At the same time, he saw innovation and growth in the Airbnb short-term rental space. They can then select a host, which could be, say, a retail store or hotel, and enter their drop-off and pick-up times in addition to their number of small and/or large bags. Korbel noted there is a lot of attention and innovation around smart cities.

New York City 132

New York City Washington Training Austin 132

William Mills

AUGUST 17, 2016

Between September and October, we’ll see a host of new companies, ideas and innovation, and we’ll hear from the “experts” on those issues we need to pay attention to in 2017. This conference series is focused exclusively on showcasing the best and most innovative new financial and banking technologies. AFT Fall Summit. MBA Annual.

Conference 40

Conference Innovation Las Vegas Colorado 40

PYMNTS

NOVEMBER 6, 2017

For retailers, it’s the Hunger Games. This year’s newest innovation? The move comes as Amazon is making changes in other areas of its sprawling retail business. For consumers, the holiday shopping season is the most wonderful time of year. Seasonal sales, twinkling lights and Santas for photo-ops everywhere you turn.

Los Angeles 105

Los Angeles New York City Delaware New Jersey 105

PYMNTS

SEPTEMBER 27, 2017

But despite the general interest in the area, the conversations around innovation and what’s next in technology isn’t always directed at women, or particularly tailored to their interests. Since Marie Claire is working with Neiman Marcus as its retail partner, they are styling outfits that fit into those three segments.

Groups 158

Groups Las Vegas Retail Branding 158

PYMNTS

OCTOBER 12, 2020

Among the leading new capabilities were curbside pickup (55 percent) and contactless payments (51 percent). In some cases, like retail and restaurants, it’s because they are open for business. And big players have demonstrated the ability to make pivots and capture average volume in a retail race that has become heavily digitized.

Retail 220

Retail Study Report Boston 220

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

JULY 16, 2018

It’s Boston. It’s February (or maybe it’s May, because it’s still snowing in Boston). So much so that P97 will go live this week with one of the largest fuel retailers in the United States, across 10,000 U.S. The firms are eyeing a confluence of mobile commerce, digital marketing and ease of payments. Picture this.

Millennials 109

Millennials Boston Retail Mobile 109

PYMNTS

FEBRUARY 2, 2019

As PYMNTS is Boston-based, the company is, of course, excited to see Tom Brady take a shot at that sixth Super Bowl ring. Looking ahead, we see a cashless future for NFL fans, where events, including future Super Bowls, are digital — creating a more secure and seamless payment environment for fans and concessionaires alike.”.

Boston 150

Boston Retail Branding Payments 150

Tomorrow's Transactions

JANUARY 19, 2017

Naturally, as is the case for most forward-looking of retailers, they do not take cash, so I paid with one of the many cards about my person. Perry Kramer, vice president and practice lead at consultant Boston Retail Partners, contends that as many as four-fifths of (US, I presume) retailers are already “largely cashless”.

Retail 30

Retail Case Study Cards Boston 30

PYMNTS

FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135

Big Data Data Retail Marketing 135