PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

AUGUST 7, 2020

6) symposium highlighting the Fed’s approval of the FedNow system, Fed Gov. As for a time frame for launching the new system, Fed officials said in a webcast detailing the particulars that FedNow would debut in 2023 or 2024 and would take a phased approach to implementation. FedNow Will Augment Private Systems, Not Replace Them .

America 189

America Kansas City Payments Kansas 189

PYMNTS

DECEMBER 11, 2019

To enable pet owners to feed their dogs snacks sourced from sustainable ingredients, innovators are upcycling products that might go to waste. Co-founder James Bello initially worked at the headquarters of a major retail chain, and then moved to Boston to serve in their innovation group.

Millennials 144

Millennials social media Retail United States 144

PYMNTS

OCTOBER 2, 2017

In retail news, home goods eTailer Wayfair announced Friday (Sept. Currently available in 10 retail markets — including Atlanta, Boston, Chicago, Dallas, New York City and San Francisco, among others — Chain Store Age reports the new feature will “transform what is considered a time-consuming, even frustrating, process.”

San Francisco 101

San Francisco New York City Cleveland Detroit 101

PYMNTS

FEBRUARY 29, 2016

I, Shopper, take thee, Online Retailer, to be my faithful partner in commerce. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. How very unlikely these days. Who’da thunk it?

Retail 90

Retail Payments Online Mobile 90

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Retail/Consumer Goods.

Innovation 74

Innovation San Francisco Georgia Technology 74

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

Abrigo

MAY 8, 2024

But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar. The greatest absolute gains forecast (largely from increased productivity) are tied to corporate and retail banking.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

DECEMBER 17, 2018

But the fact that alcohol is age-restricted for consumers is only the start of the complexities around trying to sell it – the sale of it is also managed under what is known within the industry as the “three-tiered system.” Producers (or importers) sell to distributors, distributors sell to retailers and retailers sell to customers.

Retail 128

Retail United States Boston System 128

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

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. But to remind all of us that payment innovations are only as good as the certainty those innovations deliver to their intended users. Or to buff up PayPal. Distress creates friction.

Payments 195

Payments Innovation Boston Branding 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

PYMNTS

OCTOBER 3, 2019

Goldman reportedly wants to keep expanding retail offerings and raising revenue, while Saga wants to become more competitive in regards to savings offerings. Cyberattacks hit financial services firms 300 times more often than firms in other industries per the Boston Consulting Group. Inside Taco Bell’s Omnichannel Overhaul.

Management 108

Management Fraud Payments Boston 108

PYMNTS

SEPTEMBER 24, 2020

Using Sidewalk won’t require new hardware, as the system is available as a software update to Echo and Ring products. It has been well-reported that nascent 5G deployments are currently underway, and Amazon itself announced plans last month to launch 5G server sites in Silicon Valley and Boston for commercial use in tandem with Verizon.

Boston 210

Boston Community Software National 210

PYMNTS

JANUARY 7, 2019

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. That makes it the most important year of the last decade. Consider this.

Mobile 205

Mobile Innovation Apple Study 205

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

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

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 The startup concept was to create and activate an online shop system to sell and share ideas,” said Smoter. million items last year. “[Our Greensburg, Penn.;

Data 100

Data Boston Community social media 100

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

Celent Banking

FEBRUARY 1, 2017

Digital banking subsidiaries : Many banks are finding that existing systems are too rigid to accommodate a truly digital experience. Institutions are acknowledging the valuable and complementary role Fintech can play in providing a modern, innovative customer experience. Three themes stand out this year.

Customer Experience 100

Customer Experience Branding Boston Innovation 100

PYMNTS

JUNE 21, 2016

According to Gill Pratt, the chief executive officer of Toyota Research Institute, the automaker’s internationally renowned productions system can be turned toward overcoming the same sort of scale problems that plagued the early auto industry before the assembly line came into being. “My Toyota is not alone in this race.

Boston 101

Boston Software System Google 101

PYMNTS

JUNE 8, 2017

Tripodes has more than 15 years of franchising experience with Boston Restaurant & Sports Bar, Bojangles and Moe’s Southwest Grill, among others. It also integrates the brand’s Punchh loyalty program and the Cloud Clover Music System.

Fort Worth 100

Fort Worth Dallas Georgia Atlanta 100

NCR

OCTOBER 3, 2016

Some of the reforms are still a couple of years away, but could have a transformative effect on the retail banking industry as we know it. “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

Independent Banker

JULY 31, 2022

The best way for community banks to keep their profitability high is for their control systems to be working properly,” maintains Cathy Ghiglieri, president of Ghiglieri & Company in Pinehurst, N.C. Often, these bankers rose to the occasion by employing tech solutions or other innovative approaches. Strengthen controls.

Strategy 135

Strategy Community Bank Louisville Community 135

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

OCTOBER 9, 2020

Meanwhile, third-party ordering services including Uber Eats recently introduced a contactless system for placing takeout or dine-in orders, “…with customers using their phone cameras to scan QR codes to access restaurant menus. cities, including Boston, Chicago, New York and Washington, D.C.”. Mobile Is Making It Work.

Mobile 131

Mobile Boston Chicago Washington 131

PYMNTS

MAY 10, 2018

The restaurant industry has seen its share of futuristic innovations and bots, particularly in the fast-casual and quick service restaurant (QSR) spaces. According to company spokesperson Grace Uvezian, Spyce is a restaurant company first and tech company second. Lower rent and production costs enable Spyce to serve healthy bowls for $7.50

Boston 109

Boston Operations Innovation Company 109

PYMNTS

MAY 24, 2018

To have their foot scanned in a retail environment, for example, consumers might not be comfortable standing on a machine that has been used by many other customers. In contrast, other retailers might buy a large inventory and hope they can sell it all. These traditional options may not be attractive to all consumers. The advantages?

Branding 103

Branding Examples Boston Retail 103

Celent Banking

MAY 31, 2016

While my colleagues were spread out across the US covering conferences in Boston, New Orleans, and other locations, I spent four days in beautiful Barcelona covering the Temenos TCF 2016 Conference , followed by another three days in sunny Orlando covering the FIS Connect 2016 Conference. Stay tuned!

Conference 100

Conference Community Bank Boston Technology 100

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

Maine 70

Maine Capital Rhode Island DC 70

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. Apple’s first retail store overhaul in 15 years is hailed by just about everyone as a Grand Slam Home Run – and the store hasn’t even opened yet (it will, in SF, on Saturday). But they, like so many storied retail brands, are going through a bit of a spiraling down.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

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

PYMNTS

MARCH 19, 2018

In the last few months alone, we’ve seen snow in Rome and three powerful nor’easters in Boston in the space of two and a half weeks — with some forecasts predicting a fourth this week. And not even because they’re job destroyers, which he said is the natural consequence of innovation, and innovation is goodness.

Google 148

Google Apple Retail Millennials 148

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.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

Bitcoin 100

Bitcoin blockchain Video Apple 100

PYMNTS

MARCH 6, 2018

Smallhold provides a vertical farming system that allows produce to be grown in dining rooms, basements – or even in the grocery store. Boston-based agricultural tech company Freight Farms , for example, grows produce inside of shipping containers. But Smallhold is not the only urban farming concept coming to a U.S. No problem.

New York 122

New York Marketing New York City Study 122

Gonzobanker

DECEMBER 17, 2021

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships. The most important aspect of this deal is Huntington.

Fintech 143

Fintech Strategy Leadership Lending 143

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. Ed Bachelder, payments consultant. Epperson, a managing director at the global business advisory firm AlixPartners LLP.

Mobile 105

Mobile Community Bank Community Technology 105