PYMNTS

JANUARY 21, 2021

But as the pandemic hit home, she said, many CUs have had to take a step back and “double down” on the most important and pressing aspects of their digital strategies. The digital trend, she continued, is one that will last and — and one that CUs will have to adopt in order to compete more effectively with banks.

Analytics 240

Analytics Fraud Trends Mobile 240

PYMNTS

MARCH 6, 2020

Even a decade ago it was obvious that the rise of mobile and the expansion of eCommerce was going to have a transformative effect on retail. Grocery, he told Karen Webster in a recent conversation, is very different from the quick-service restaurant (QSR) segment, and a very exciting place to be at the moment.

Innovation 175

Innovation Retail Digital Strategies Mobile 175

Bank Innovation

SEPTEMBER 4, 2018

JPMorgan Chase is on a roll with its digital hiring and currently has more than 2,000 open positions. The bank is looking for a senior digital fintech expert to join its Digital Strategy, Innovation and Partnerships team, as it continues to recruit talent as part of its effort to revamp its technology team.

Digital Strategies 150

Digital Strategies Strategy Innovation Fintech 150

PYMNTS

NOVEMBER 17, 2020

Customers can also split purchases with other users on PayPal and Venmo and receive the credit directly back to their card. NEW DATA: 43M Consumers Are Holding out on Mobile Banking Apps. consumers actively use mobile banking apps, but another 43 million shy away from doing so because they believe banking apps’ security falls short.

Payments 130

Payments Michigan Fraud Digital Strategies 130

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

DECEMBER 24, 2020

We’re all pretty clear on what happened this year in mobile order-ahead (MOA) dining and its twin, the “order to eat” (OTE) phenomenon. Our digital strategy is all about bringing enlightened hospitality to a digital scale and providing a personal, not just personalized, experience for each of our guests,” she said.

Analytics 175

Analytics Study Digital Strategies Strategy 175

PYMNTS

AUGUST 1, 2016

These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage. Discover: – What technology, applications, and digital all have in common when it comes to the new e-commerce strategy.

CA 100

CA Security Payments Cyber Security 100

PYMNTS

APRIL 18, 2017

“This growth and competition will force post and parcel organizations to become more digital to create the agility and flexibility they will need. And those same digital capabilities will be essential to creating the growth they’ll need to achieve high performance.”. For instance, the U.S.

Big Data 100

Big Data Survey social media Industry 100

NCR

JUNE 3, 2016

Organizations are looking for the next innovation that will transform the way they interact with customers. In the financial services industry, remote deposit capture first entered the market in the early 2000s, and now according to a recent survey by the American Bankers Association, one in seven Americans use mobile check deposit.

Mobile 40

Mobile Customer Experience Software Strategy 40

PYMNTS

JANUARY 21, 2020

These are just some of the ways companies are tapping into the latest restaurant innovations with the help of technologies such as artificial intelligence (AI) and automated retail: Among diners, 71 percent would be open to QSRs incorporating AI. QSRs are incorporating the technology into their business models. to do so, per news in March.

Tampa 134

Tampa Detroit Philadelphia Technology 134

PYMNTS

FEBRUARY 23, 2018

billion in domestic sales — Starbucks is far and away the most successful mobile payments platform in the United States. In fact, as of 2017, mobile payment use represented 30 percent of the brand’s total transactions. By expanding capacity at peak, we now have the ability to offer Mobile Order and Pay to our non-rewards customers.”.

Online 101

Online US Payments Mobile 101

PYMNTS

AUGUST 13, 2020

But that’s a start rather than a finish, Evers said, noting that direct deposit only works for customers with traditional bank accounts and debit cards that can be used as a proxy for pushing funds to the consumer. It’s one thing to have a limited electronic option available — that’s quite different than having a strong digital strategy.”.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

APRIL 14, 2017

The big question: Can the existing payment rails support the innovation that is needed? Said NACHA’s Estep, “the answer depends on what type of innovation you are talking about, and then what type of a payments system you are talking about.” Against that backdrop, “innovation means many different things to different players.”.

Payments 105

Payments United States Innovation System 105

PYMNTS

AUGUST 6, 2020

Instead, customers can use cash, cards or mobile wallets and still earn rewards points. As such unknowns proliferate, the winning digital strategy seems to involve casting a wider net – and making it easier for consumers to easily (and remotely) access QSRs whenever they choose instead of at traditional peak hours.

Examples 108

Examples Digital Strategies Maine Innovation 108

Independent Banker

OCTOBER 31, 2022

However, banks should first consider their customers’ needs and the infrastructure and features needed in a lending platform before adopting a new digital strategy. Benefits of digital lending. Consumers have a growing expectation to interact with financial institutions via online and/or mobile services,” he says.

Lending 91

Lending Community Bank Community Illinois 91

PYMNTS

DECEMBER 6, 2019

Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. The executive has more than 25 years of experience in payments, credit cards and banking, working globally across Europe, Africa and the Middle East as well as the Americas and Asia Pacific. The key to that future is burgeoning 5G mobile network technology.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

JULY 22, 2016

The network operates BACS, the automated clearing house that acts as a conduit to direct credit and direct debit payments between bank accounts; faster payments, which is the real-time account to account payments service conducted over mobile, internet and phone rails, and LINK, the U.K.’s s ATM network.

Payments 100

Payments Mobile Strategy Digital Strategies 100

Gonzobanker

NOVEMBER 26, 2018

In recent years, technology and digital strategy have become integral parts of the bank shareholder value discussion, yet for the 90 or so banks in the $10 billion to $50 billion asset size range, core providers remain ill-equipped to assist regional banks in enabling the execution of their technology strategies.

Regional 101

Regional Strategy Technology Innovation 101

CB Insights

JANUARY 6, 2019

But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. Founded: 2015.

Innovation 77

Innovation Retail Branding Technology 77

PYMNTS

NOVEMBER 17, 2020

The rising trend of digitization in commerce and the increased occurrence of card-not-present fraud were not created by the COVID-19 pandemic. What has changed, Steinman said, is the reality of the pandemic and the radical digital life shifts it has engendered.

Fraud 316

Fraud Michigan Security Cards 316

PYMNTS

AUGUST 8, 2018

Making the move from analog to digital in governments around the world could save an estimated $3.5 In the second decade of the 21 st century, an alarming amount of critical state government business depends on IT systems that date back to the age of punch cards and green screens,” read the report associated with those survey results.

New York City 101

New York City Hawaii Survey United States 101

PYMNTS

DECEMBER 5, 2019

Also, Grab is introducing Asia’s first numberless card in batches. Grab Launches GrabPay Card. Grab is introducing Asia’s first numberless card in batches, with Singapore rolling out on Thursday (Dec. Inside Chipotle’s Decade of Digital-First Ordering Innovation. 5) and the Philippines during Q1 of next year.

Cards 131

Cards New York City Payments New York 131

PYMNTS

NOVEMBER 20, 2020

Visa and Keyno have pioneered a new effort to serve dynamically generated security codes to fight card-not-present fraud, called dCVV2. Karen Webster says it’s time for policymakers and payments innovators to get creative – and to educate and incent consumers in order to put COVID in our rear view. But a new PYMNTS study of 2,800 U.S.

Mobile 160

Mobile Strategy Google Innovation 160

PYMNTS

FEBRUARY 6, 2020

Mobile ordering, contactless NFC payments, ordering kiosks and delivery options have all started to take hold, forcing restaurants to rethink their core businesses. Innovation Sparks. Restaurants face major change. The stakes are too high to stay behind the pack for too long. Guest experience is at the heart of the restaurant world.

Mobile 191

Mobile Operations Technology Payments 191

PYMNTS

DECEMBER 15, 2017

The card network is hoping that’s the case, as it rolls out the first use case stemming from its recently launched global prepaid money management platform. And why a payment card at all, when banking services are overwhelmingly shifting to digital , and when the digital-first generation is the product’s prime target?

Millennials 134

Millennials Management Cards Security 134

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. That is a lot of proofs of concepts and Chief Innovation Officer conference travel agendas. have a tough time hitting the innovation agenda. and any other incumbent more generally?—?have

Capital 52

Capital Software Lending Apple 52

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

Gonzobanker

DECEMBER 22, 2014

With so much buzz around mobile apps with budget bubbles and alerts that only a small group of consumers ever download and try, it’s great to hear about shops like $3B Tinker Federal Credit Union, which has quietly grown to provide financial education to 20,000 people a year. That’s one helluva move up. Buena suerte, Bradley! EVP: Hell no.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Fintech Labs Insights

DECEMBER 5, 2016

“Last year, a Javelin report said that there was $9 billion lost due to card fraud. At FinovateFall 2016 in September, Daon introduced IdentityX , a universal mobile biometric authentication platform that enables combinations of the above factors – face, voice, and fingerprint – to be used for authentication.

Security 12

Security Mobile Technology Virginia 12