PYMNTS

DECEMBER 10, 2019

10), Telleroo said it would deploy Moorwand’s digital banking and eMoney capabilities to promote efficiency and compliance in its integrated payments technology, which allows accountancy firms to make payments on behalf of their small business clients. In a press release issued Tuesday (Dec.

Payments 131

Payments User Experience Fintech Compliance 131

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added. billion.

Payments 165

Payments Compliance Fraud User Experience 165

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added. billion.

Payments 130

Payments Compliance Fraud User Experience 130

Abrigo

FEBRUARY 8, 2022

Takeaway 2 NBFIs should ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators. Branch networks and banking hours have been replaced with mobile banking and user experience as important decision criteria in choosing financial relationships. Competing with Banks. BSA/AML Officer Required.

Compliance 195

Compliance Training Regulation Fraud 195

PYMNTS

NOVEMBER 17, 2020

As we continue to focus on enabling digital payments beyond our traditional Corporate Cards, we are investing in solutions to improve the buyer and supplier experience and help solve common B2B payment-related pain points,” said Daniel Brachfeld , vice president for supply chain solutions at American Express.

Payments 144

Payments User Experience Software Risk Management 144

PYMNTS

JANUARY 17, 2018

The traditional strategy of handing an employee a corporate card, hoping they make responsible purchases and depending on accurate expense reports has evolved into a market that embraces automation, artificial intelligence, mobility and an array of card products, from P-cards to virtual numbers. APIs Add Fuel.

Fintech 187

Fintech Data Cards Innovation 187

PYMNTS

FEBRUARY 26, 2020

. “Most trucking companies have a business model that leverages independent owner-operators, and that model is facing continuous challenges from regulators and litigants to maintain true independence,” said Scott Prince, CEO of CarrierHQ.

CA 141

CA California User Experience Industry 141

PYMNTS

MAY 7, 2020

the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. You deposit with your card and then the money goes back to the card you used, so [the method] will have a double effect of reducing potential fraud and [improving] user experience.”.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

JUNE 29, 2017

From credit card companies to retailers and consumers, there are many key stakeholders in the commerce process, both on and offline. Keeping in line with eCommerce’s rise, we’re seeing more companies align themselves with a particular credit card company to increase brand recognition and awareness.

Payments 143

Payments Retail Branding User Experience 143

PYMNTS

JULY 30, 2019

Having recently announced a $400 million Series F funding round, Nubank is developing a small business banking solution after expanding from its initial services as a credit card issuer. In small business banking, the friction points that threaten the user experience are quite similar in Latin America to the friction faced in the U.K.,

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

JULY 24, 2019

Conventional wisdom seems to hold that challenger banks will eat traditional financial institutions’ collective lunch in the race for deposits, for checking, even for credit cards. Big Tech is good at promoting, designing and improving the user experience, he said. But legacy FIs, he said, do have a significant weapon at hand.

Digital Banking 160

Digital Banking UX Online Innovation 160

PYMNTS

JUNE 25, 2019

“The big question is how banks will be using technologies like APIs to create ecosystems and profitable business models that will benefit them in the long term,” he explained. They are [already] being challenged by a lot of the FinTechs and the larger technology companies.”. SCA and the Future of Banking.

Fintech 122

Fintech Customer Experience Data User Experience 122

PYMNTS

DECEMBER 10, 2018

It’s the decoupled debit card. Merchants paid less when they accepted those cards. Aside from a handful of special use cases , there wasn’t mass adoption of decoupled debit cards, and merchants didn’t end up issuing many. And what was the product? No, not the iPhone, but that would be a good guess.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JANUARY 31, 2018

The survey from that identity assurance provider, conducted across 2,000 individuals, found that when it comes to applying for financial products at a financial institution (FI) — from checking accounts to credit cards — 40 percent of those online applications are never finished. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. We started the company initially to provide small business loans to eBay sellers through a real-time technology platform,” says Petralia. Our focus has always been on user experience and for them to get capital in less than ten minutes.

Regulation 100

Regulation Lending US FDIC 100

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. What do consumers want?

UX 116

UX Security User Experience Millennials 116

Gonzobanker

JANUARY 17, 2020

Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets. Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g.,

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Lars Markull

JULY 10, 2022

Xero, on the other hand, could (at the same time) allow users to create Xero branded accounts or cards for the benefit of creating separate virtual accounts for each client for easier reconciliation or cards for a better user experience (Embedded Banking).

Lending 83

Lending Branding Examples Regulation 83

PYMNTS

APRIL 30, 2018

Now, it’s true that some companies — including some very big names across many important sectors of the economy — are taking measured steps and experimenting with blockchain tech — aka distributed ledger technology (DLT) — in the support of use cases that address tough problems. And to learn. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

SEPTEMBER 23, 2020

This could also open up a new customer base for digital financial services like payment cards and eWallets. You can have remittance as a first step and subsequently allow [the issuing of] debit cards for migrant workers and they can use [an app] to do their eCommerce shopping — the possibilities are really amazing.”. . …

Policies 132

Policies Security User Experience Tools 132

PYMNTS

FEBRUARY 17, 2017

Santander first rolled out its mobile banking app’s voice technology functionality last year, though its capabilities were much more limited in scope. The latest upgrade takes inspiration from other voice-enabled technologies and allows consumers to execute a greater variety of more complex actions via voice.

Google 109

Google Mobile Technology User Experience 109

Independent Banker

MAY 26, 2016

Examples of financial institution payment innovations include the development and introduction of Electronic Funds Transfer systems, such as ACH and wire transfers, credit and debit cards, ATMs, online access to services beyond the branch and online bill payment services.

Community Bank 70

Community Bank Community Innovation System 70

Lex Sokolin

SEPTEMBER 3, 2020

finance, culture, art, technology, media, geopolitics. As a result, financial infrastructure is just our collective solution for enabling the above activities using the latest in technology?—?whether whether that technology is language, paper, calculators, the cloud, blockchain, or some other reality-bending physical discovery.

blockchain 52

blockchain Software Capital Technology 52

PYMNTS

JANUARY 12, 2017

A lot of optimizations have been made around the product sites to improve the user experience. What other technologies have made an impact one way or the other? VS: For us, 70 percent of classic users and about 50 percent of other users come to us on the mobile app.

Payments 100

Payments Mobile US Cards 100

CB Insights

MARCH 8, 2018

These startups “challenge” the traditional incumbent business model by charging customers transparent low fees, providing faster services, and delivering a better user experience through always-available digital interfaces. How challenger banks leveraged regulation. How challenger banks have leveraged regulation.

Retail 78

Retail Digital Banking Fintech Regulation 78

NCR

MAY 25, 2016

The disruption caused recently by the emergence of a wide range of new financial technology (Fintech) players has been a huge jolt for the banking sector, and reminded traditional players that they cannot afford to be complacent in the face of these competitors. The key theme behind many of these new developments is the notion of convenience.

Fintech 45

Fintech User Experience Innovation Strategy 45

PYMNTS

JUNE 10, 2016

According to Brad Powers, Passport’s CTO, none of it would be possible without mobile payment technology. In fact, he said, without the rise of mobile payment technology, most parking apps would have never gotten off the ground. Currently, Passport accepts all major card types, including Visa and MasterCard, as well as PayPal.

Mobile 100

Mobile Payments Training Wisconsin 100

PYMNTS

OCTOBER 7, 2019

The questions are about how is this going to work, what are regulators going to do, how are consumers going to react to the emerging field of choices. Bitcoin, Libra, instant payments, Open Banking — these were the big subjects on repeat last week, Dobbie told Webster.

Payments 167

Payments Innovation System Security 167

FICO

DECEMBER 20, 2022

Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. Customers say BNPL can be even easier and more flexible than a credit card. Mid-year data from Bank of America showed that all forms of digital and electronic payments are growing.

Fraud 52

Fraud Payments South Carolina Compliance 52

PYMNTS

NOVEMBER 1, 2017

DraftKings’ service, Haas explained, allows users to make payments using credit cards, PayPal or digital wallets, such as Skrill and NETELLER. The idea is to provide fantasy fans a more seamless, enjoyable user experience when using the platform, he said. Haas also noted fantasy golf is also very popular in the U.K.

Payments 102

Payments Regional America Marketing 102

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Having said that, enforcing open banking regulations can sometimes result in chaotic and unhappy market conditions.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Having said that, enforcing open banking regulations can sometimes result in chaotic and unhappy market conditions.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. In this way, users are able to link with and access their financial accounts without revealing their netbanking credentials to anybody.

Data 52

Data Regulation Mobile Security 52

NCR

JANUARY 17, 2017

Nonetheless, alternative mechanisms ranging from corporate virtual or physical prepaid cards to e-wallets are finally ready for prime-time and able to achieve the ambitious goal of instant cross-border payments. At the same time, new regulations, such as PSD2 , are changing how different transactions are viewed by the regulating bodies.

Fintech 40

Fintech Trends Industry Compliance 40

Lex Sokolin

OCTOBER 14, 2020

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. Returns to scale have come from being a technology monopoly. And you, as the platform, take a cut. Sound familiar?

Lending 52

Lending User Experience Google United States 52

Gonzobanker

AUGUST 31, 2015

Systems like ChexSystems, Check Order, Credit Reports, Debit Card, Online Banking Enrollment require re-entry. Other examples include CIP requirements that go overboard like requiring a paper social security card or risk rating of consumer accounts in the branches. Technology and lack of understanding is to blame most of the time.

System 60

System Tools Cards User Experience 60

PYMNTS

SEPTEMBER 23, 2020

In the journey to improve the payments experience, sometimes the best user experience (UX) is an unnoticeable one. FinTechs have had to take on a leadership role to embracing an imbedded payments experience. That led one FinTech, Zoop , to step onto the market with a FinTech- and Payments-as-a-Service business model.

Fintech 315

Fintech UX Cards Payments 315