PYMNTS

JUNE 23, 2020

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. “We are proud to be an early adopter of the RTP network, which demonstrates our commitment to be at the forefront of technology and payments and allows Chesapeake Bank to continue to meet our customers’ needs now and in the future.”

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

FEBRUARY 4, 2019

And retailers are integrating new POS solutions into their brick-and-mortar stores: Toshiba Global Commerce Solutions recently announced that its TCx 300 system would arrive in all of Roche Bros.’ To begin the process, the retailer was said to bring 100 POS systems and accompanying TCx displays into seven of its stores. Roche Bros.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

MAY 13, 2020

Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). It will also enable me to devote time to policy and activities addressing the immediate and long-term threats to health and health systems from COVID-19.”.

Boston 130

Boston Policies Leadership System 130

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 221

Examples Fraud Resources Risk Management 221

CB Insights

SEPTEMBER 26, 2018

From the digitization of medical records to smart patient care platforms, technology is disrupting the healthcare industry. One solution: in-house healthcare innovation labs. See how Google is using AI to transform the $3 trillion US healthcare system. McKesson and the Mayo Clinic — Center for Innovation (CFI).

Innovation 73

Innovation Cleveland New York New York City 73

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. What would a discussion about payments, innovation, cybersecurity and all manner of commerce be without a few laughs?

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

OCTOBER 10, 2017

Here are three innovators of many who have found ways to not only cut back on food waste, but also, in some cases, turn a profit on food that would have otherwise ended its life in a landfill. If Bourdain is looking for allies, they’re out there. Hands-On Mobile App.

Innovation 100

Innovation Boston New York Comparison 100

PYMNTS

JUNE 27, 2017

With the opening of the Amazon Go grocery store and bookstore in Seattle, Amazon is breathing innovation into the stodgy brick-and-mortar experience. It is also changing the retail game by eliminating the need for checkout stations through its artificial intelligence (AI) infused checkout system in its Amazon Go grocery store.

Boston 155

Boston Retail Customer Experience Seattle 155

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. The interface was designed for an enterprise-wide deployment that requires no dedicated training that can be deployed system-wide.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

JANUARY 25, 2018

Beyond the technology and the plate lies concept. 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.

Boston 128

Boston California Michigan Georgia 128

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

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

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

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

MAY 12, 2020

In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. He recommends digitizing key components of paper check payments, including the automatic capture of payment data and integration with firms’ enterprise resource planning (ERP) and other back-office systems.

Payments 130

Payments Fraud Community Boston 130

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. Technology.

Innovation 74

Innovation San Francisco Georgia Technology 74

PYMNTS

DECEMBER 7, 2018

Venture capitalists and equity investors targeted companies that apply big data technologies, including artificial intelligence, to an array of use cases, including fleet and manufacturing — leading to more than $322 million raised for B2B startups this week. Wise Systems. Cross River Bank. Similar to Looker and LeanIX, Forge.AI

Analytics 176

Analytics Data Capital Software 176

PYMNTS

JUNE 21, 2018

Their joint venture’s initial focus will be on using technology to provide U.S. The new company will be based in Boston and will operate as an independent entity free from profit-making incentives and constraints. Its new CEO is a globally-renowned surgeon, writer and public health innovator.

Boston 100

Boston New York Resources Innovation 100

PYMNTS

JANUARY 21, 2020

Lisa Bari, a consultant and former lead with health information technology for the Centers for Medicare and Medicaid Services Innovation Center, said data was a hot commodity, and that it essentially belongs to “whoever has it.” She said hospitals are allowed to share patient data so long as they’re not breaking any state rules.

Data 130

Data Boston Washington Google 130

PYMNTS

NOVEMBER 30, 2018

The collaboration is in seven cities: New York, Los Angeles, San Francisco, Chicago, Philadelphia, Boston and Washington, D.C., With this capital, Sweetgreen wants to expand its business into other food categories, as well as look into blockchain technology to assist in the transparency of its supply chain. “As

Los Angeles 122

Los Angeles San Francisco Philadelphia Boston 122

PYMNTS

OCTOBER 28, 2019

One way we’re doing that is by enhancing our international payments and receipts offerings — that today extends to 140 currencies in more than 150 countries — by adding technological innovations and new trading and risk management solutions,” said Bank of America Global Head of Transactional FX Trading Mike Robertson. “By

Payments 101

Payments America Boston Chicago 101

PYMNTS

OCTOBER 16, 2019

However, change is afoot, according to Tim Ridgely, head of order and delivery for Paytronix Systems , in a new PYMNTS interview. The Paytronix platform, used by more than 400 restaurants and other types of merchants to personally engage with customers, collaborated with PYMNTS on a recent deep dive into restaurant innovation and trends.

Data 134

Data Branding Boston Mobile 134

Celent Banking

FEBRUARY 1, 2017

Digital banking subsidiaries : Many banks are finding that existing systems are too rigid to accommodate a truly digital experience. The second type is a completely separate brand ring-fenced under a different technology stack, operating under the umbrella of the parent organization but effectively a separate entity.

Customer Experience 100

Customer Experience Branding Boston Innovation 100

PYMNTS

OCTOBER 3, 2019

The cybercriminals — Johan Gerber, executive vice president of security and cyber innovation at Mastercard , told Karen Webster — are working 24 hours a day, seven days a week, hammering away at those systems until a crack makes itself known. The attack relies on probing card-authorization systems to see which ones are valid numbers.

Fraud 156

Fraud Security System Cards 156

Independent Banker

NOVEMBER 30, 2021

But the average consumer doesn’t imagine a scam involving a hybrid of social engineering and domain name system impersonation that can result in remote access to one’s entire device.”. These systems, he adds, make sure that the Social Security number, name and birth combination match and that the individual in question is not deceased.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

NOVEMBER 4, 2020

The Federal Reserve , as has been reported, and more specifically its Boston branch, has been working with the Massachusetts Institute of Technology to explore the tech and platforms needed for such digital coinage. Stablecoins, he said, can be used as part of innovative payment solutions.

Bitcoin 208

Bitcoin cryptocurrency Massachusetts Boston 208

PYMNTS

JUNE 20, 2019

In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. 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.

Mobile 116

Mobile Jacksonville New York City New York 116

PYMNTS

OCTOBER 2, 2017

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

OCTOBER 22, 2020

The more technologically or health-minded among us might even note things like tablet-based POS systems or an HVAC system with disinfecting UV light built in to attack COVID-19. The company started off in voice technology, particularly in the context of making food ordering via voice assistants like Alexa or Google Assistant.

New Hampshire 180

New Hampshire System Boston Operations 180

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

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

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. Furthermore, the corporate stores will serve as a trial run for new ideas in restaurant technology and operational flow to increase efficiency.

Fort Worth 100

Fort Worth Dallas Georgia Atlanta 100

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

MAY 10, 2018

Late April saw the debut of the HOLO card, used for Oahu Transit, a project in which the cards are to be used across the system’s busses and a rail system being built out over the next several years. The bus system carries 70 million people annually, a ridership that, of course, includes tourists. How bustling?

Hawaii 100

Hawaii Cards Honolulu San Francisco 100

PYMNTS

MARCH 25, 2019

That’s not to suggest these closed-loop systems are going the way of the paper ticket anytime soon. Those systems still have to serve everyone, including cash-only customers. Contactless technology in the U.S., No more stutter step of buying and reloading a closed-loop transit pass to hop on the train.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

DECEMBER 20, 2019

The world of B2B payments saw its latest significant acquisition play this week with Boston-based private equity firm Great Hill announcing its intention to acquire VersaPay, a company that provides cloud-based invoice-to-cash solutions. The burgeoning world of smart homes and technology is heading for a similarly collaborative moment.

Payments 131

Payments Google Apple Boston 131

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