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

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

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

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

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

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

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

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

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. Online U.S. Education as an anti-fraud tool.

Fraud 160

Fraud Strategy Community Bank New York City 160

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. The rivalry between cybercriminals and the fraud and security teams at banks, which are tasked with stopping their attacks, is incredibly lopsided.

Management 108

Management Fraud Payments Boston 108

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. communities. Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

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. The conversation, as it often does with technology, turned to security. Beyond the technology and the plate lies concept.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

AUGUST 13, 2018

are paid online, with 61 percent of those payments coming from millennials. For this month’s Payments Powering Platforms Tracker feature story, PYMNTS caught up with Coon, as well as Gino Zahnd, CEO and co-founder of Cozy , to find out what is stalling rent payment innovation, and what Zillow’s entrance means for the industry.

Payments 100

Payments Online Millennials Boston 100

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

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

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

Abrigo

OCTOBER 7, 2016

One study by The Boston Consulting Group estimated that small and midsize U.S. Leaders reap multifaceted benefits from the technology tools they adopt.” - The Boston Consulting Group Some of the ways technology is specifically helping valuation firms grow include the following: - Providing flexibility.

Technology 170

Technology Boston Software Study 170

PYMNTS

JANUARY 7, 2020

If he could have left the bag in a safe and secure place, he would have been “a happy customer,” he recalled in a PYMNTS interview. At the same time, he saw innovation and growth in the Airbnb short-term rental space. Korbel noted there is a lot of attention and innovation around smart cities. Smart Cities.

New York City 132

New York City Washington Training Austin 132

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

JULY 22, 2019

Stifel offers senior secured loans up to $40 million for working capital and growth capital needs. I am excited to launch this effort at Stifel, which embraces the entrepreneurial spirit, continuous innovation, and responsible financial management.”.

Lending 100

Lending United States Boston Capital 100

PYMNTS

MARCH 25, 2019

The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. As of last week, the card network announced it will be bringing contactless payments to transit turnstiles in more than 20 U.S. cities in the next few years. Riding the Inflection Point.

New York City 179

New York City Los Angeles New York Training 179

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

MAY 10, 2018

The goal: A continuum of transit, flowing with speed and across payments. Nouchi noted his transit system is marked by density of population and high use — and has the fifth-highest ridership in the nation, taking its place alongside New York, San Francisco and Boston, for example. How bustling?

Hawaii 100

Hawaii Cards Honolulu San Francisco 100

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

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

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

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. The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. He delivered my cushions, as promised, about a month ago.

Payments 195

Payments Innovation Boston Branding 195

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 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

SEPTEMBER 9, 2016

Reports said the company is looking at blockchain technology to streamline invoice payment, purchase orders and other procurement necessities. The funding was led by China Innovation Investment, Western Capital Management, China United SME Guarantee Corporation, Fortune Venture Capital, Renzhong Capital Management and others, reports said.

Capital 100

Capital Boston Management Report 100

PYMNTS

JUNE 20, 2018

Banks are turning to digital technology to enhance the customer experience — and reduce payment friction — in an effort to boost top and bottom lines. In terms of physical locations, Washington, Boston and Philadelphia “have renewed exciting energy for us inside the firm, because they are places that we haven’t had a presence.”

Mobile 150

Mobile Innovation Payments America 150

PYMNTS

MARCH 14, 2016

And it’s going to shake the payments industry by its ankles. 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.” We profile innovators on PYMNTS.com every day.

Bitcoin 100

Bitcoin blockchain Video Apple 100

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

Independent Banker

OCTOBER 29, 2014

The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

MAY 12, 2020

In the journey to improving B2B payment processes, it’s unlikely that any single solution will be the silver bullet to combating friction. In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. Deluxe Preserves The Check Workflow.

Payments 130

Payments Fraud Community Boston 130