PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars.

cryptocurrency 159

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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

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PYMNTS

NOVEMBER 4, 2020

the Federal Reserve Bank of Boston said, “To date, U.S. open banking rules and that provide holistic views of users’ finances by sharing data among multiple financial entities,” according to PYMNTS’ latest Merchants’ Guide to Navigating Global Payments Regulations , done in collaboration with Ekata. Not being prepared also gets you.

US 171

US Boston Regulation Data 171

PYMNTS

FEBRUARY 5, 2020

operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. By removing the complexity of regular payments we can save customers vital time, that can better be spent running and growing their businesses.”.

Metro 130

Metro Boston Technology Security 130

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

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? Instant payments service What is FedNow?

Fraud 195

Fraud Payments Security Resources 195

PYMNTS

AUGUST 16, 2018

trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. That’s according to the new “ Payments Powering Platforms Tracker ” from PYMNTS. Source: Payments Powering Platforms Tracker , powered by WePay.

Industry 105

Industry Payments Online Boston 105

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. In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles. communities. communities.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin. Keeping An Eye On Fraud.

cryptocurrency 258

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PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 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

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

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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

NOVEMBER 5, 2019

It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire , told Karen Webster was foundational to his decade-long career at Apple — where he was part of the leadership team that developed, rolled out and grew the Apple Pay business. Flywire announced his appointment Tuesday (Nov. 5) to the newly created position.

Apple 152

Apple Leadership Customer Experience Boston 152

PYMNTS

APRIL 1, 2016

If anything, the issue over the legality of the games these sites provide has only grown murkier, especially as the payments companies that were once supporting the burgeoning industry have begun to pick sides in the regulatory fight. The latest development, however, seems to fall in favor of the pro-daily fantasy sports camp.

Massachusetts 100

Massachusetts Boston Regulation Operations 100

PYMNTS

AUGUST 3, 2018

In the latest Mobile Point-of-Sale Tracker , PYMNTS reports on how mPOS solutions are entering new markets around the globe, and how players in the space are working to make sure they also become more secure as they become increasingly popular. Around the mPOS World. Adopting mPOS for a Smoother Commute.

Trends 105

Trends Massachusetts United States Boston 105

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. Korean consumers see no evil in mobile payments. The statistics get even better as the daily average number of mobile payments increased almost 83 percent to 810,000.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

JANUARY 13, 2020

Kerstin Braun, president of trade finance solutions provider Stenn , recently told PYMNTS, the global trade finance gap is only expected to grow in the coming years, meaning businesses conducting trade across borders will continue to demand ways to finance operations with tools they may not entirely understand.

Regulation 140

Regulation Tools Strategy Compliance 140

PYMNTS

NOVEMBER 2, 2017

The basic philosophy of open payments is this basic notion that customers should not be forced to change the money they already have in their regular accounts to a special form of money for transportation,” said Judge. Once that new system is place, riders will be able to pay at the gate using contactless payments.

New York 105

New York New York City System Metro 105

PYMNTS

SEPTEMBER 29, 2016

10 seconds (or less) : That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank. 10 seconds (or less) : That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank.

ATM 100

ATM Boston Survey Security 100

PYMNTS

NOVEMBER 3, 2016

They are increasingly able to serve more customers than ever before, thanks in large part to mobile payment acceptance technology. Pedicab drivers in cities like Boston, Chicago and Washington, D.C., can now accept credit and debit card payments thanks to mPOS systems that allow them to take cards while on-the-go.

Mobile 100

Mobile Dallas Apple Boston 100

PYMNTS

FEBRUARY 11, 2019

Pharmacy operator CVS , for example, experimented with a program in Boston in which shoppers received free delivery on prescriptions and eCommerce purchases as well as other perks. percent — of health and beauty firms said consumer demand to use new payment methods was a motivation for inspiration. Just under half — or 45.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

NOVEMBER 30, 2020

As a result of the historic pace of vaccine development through Operation Warp Speed and careful logistics planning, the FAA today is supporting the first mass air shipment of a vaccine," the agency said in a statement on Friday (Nov. Walmart now operates 19 clinics inside its stores to attend to routine, non-emergency health matters.

Arizona 160

Arizona Survey Boston Examples 160

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. B2B Payments. PYMNTS breaks down the latest deals below. Cybersecurity. Back-Office. ServiceTitan.

US 116

US Capital California San Francisco 116

PYMNTS

NOVEMBER 29, 2019

And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. The data did not reportedly include password information, Social Security numbers or financial information. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

Google 129

Google Mobile Data Capital 129

MyBankTracker

MAY 7, 2021

The company’s core product offerings revolve around insurance and operates as a subsidiary of a Canadian-based company called Manulife. John Hancock, also known as The John Hancock Life Insurance Company, was founded in 1862 with operations based mainly in Boston, Massachusetts. Background on John Hancock.

Policies 52

Policies Boston Tools Maine 52

PYMNTS

APRIL 22, 2019

Thousands descended upon T-Mobile Park stadium in Seattle on March 28 — the earliest opening day in Major League Baseball (MLB) history — to see their home team, the Mariners, take on last year’s World Series champions, the Boston Red Sox. CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology.

Seattle 122

Seattle social media Boston National 122

PYMNTS

DECEMBER 21, 2020

Although the wagons have begun to circle more publicly and more recently on Apple and its payments stance — given the very public lawsuit over in-app purchases — large-scale efforts to challenge Apple’s position on allowing anyone other than Apple access to the NFC chip haven’t gotten much media bandwidth. And it probably has.

Apple 227

Apple Study Innovation Survey 227

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

Celent Banking

FEBRUARY 24, 2017

Operations and Risk. Creating a consolidated point of access for all corporate banking services using portal technology that eliminates the need for multiple logins and security procedures was just one of the types of initiatives that were submitted. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

Innovation 114

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PYMNTS

SEPTEMBER 9, 2016

Reports said the company is looking at blockchain technology to streamline invoice payment, purchase orders and other procurement necessities. company is looking to remove friction from the procurement process — yes, that means paper invoices, too — by connecting procurement executives with suppliers without manual processes. B2B eCommerce.

Capital 100

Capital Boston Management Report 100

PYMNTS

MARCH 31, 2017

The service is available in several major metropolitan areas, including Boston, New York, Washington, D.C., Biggins explained how she initially encouraged restaurants to join the MealPal platform by conducting a series of tests at a Fresh Market location in Boston. million lunches over the past year. San Francisco and Miami.

Boston 100

Boston San Francisco Meeting Miami 100

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.). Which made Warren Buffett, as a long-time payments enthusiast and investor, a pretty good fit for our launch interview.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

JUNE 21, 2016

These programs — which include apps like GrubHub, Foodler, Favor, Seamless and DoorDash – operate independently of merchants, acting as middlemen between in-home consumers and various eateries. When you order your first Favor, you’ll enter the payment information, which we store securely.

Resources 102

Resources Operations Technology Boston 102

PYMNTS

JANUARY 25, 2019

22) before reportedly extending the service into Boston and New York, among other cities. In other news, Apple announced that five major retailers now have Apple Pay: The tech company said that Taco Bell, Target, Speedway convenience stores, Jack in the Box and Hy-Vee supermarkets in the Midwest support the digital payment service.

Apple 109

Apple Branding San Francisco New York City 109

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

MAY 18, 2018

Or just to boo the Yankees (Boston-based baseball fans, mostly). Their early conversations were about how they could deliver on that, and how FIS could take redundant payment tasks off their plates. All of these things, John noted, have security issues – and are terribly inefficient. on a Saturday.

Cards 115

Cards Community Boston Payments 115