Bank Innovation

JANUARY 28, 2019

The Chicago-based bank is dealing with the fallout from a glitchy launch last week of its new mobile banking […].

social media 186

social media Chicago Mobile Company 186

PYMNTS

MAY 5, 2019

Reuters reported strikes are scheduled in San Francisco, Chicago, Los Angeles, San Diego, Philadelphia and Washington D.C. Drivers are striking to demand job security, livable wages and a cap in terms of the amount the ride-hailing companies can take from the fares. Drivers in New York aren’t the only ones planning to strike.

San Diego 129

San Diego Los Angeles New York San Francisco 129

PYMNTS

SEPTEMBER 12, 2018

federal judge says that securities law applies to crypto fraud, China has a lead in an important patent area and a major bank makes a big investment push in cities. 11), touting the success of the operation four years after its launch. Judge Says US Securities Law Applies t o Crypto Fraud Cases. reported Reuters.

Detroit 100

Detroit Chicago Fraud Washington 100

PYMNTS

MAY 10, 2019

Vending machine operators have become increasingly attentive to the demand for swift digital payment options, and have benefitted from significant sales growth after enabling cashless payments. In this month’s feature story, Consola explained how the city ensures security and accessibility with the kiosks. However, for the 8.4

Retail 161

Retail Chicago Pennsylvania Trends 161

PYMNTS

SEPTEMBER 8, 2017

The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups. Treasury securities. The company has also admitted to separately omitting material information about its platform for trading U.S.

Boston 101

Boston Chicago Regional Security 101

PYMNTS

DECEMBER 5, 2019

so people can make secure payments anytime or anyplace, with near-real-time funds availability. Connie Theien, senior vice president and director, payments industry relations, Federal Reserve Bank of Chicago, will represent the Fed on the FPC and manage its involvement.

Kansas City 135

Kansas City Payments Kansas Boston 135

PYMNTS

OCTOBER 6, 2020

The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began. cities, including Boston, Chicago, New York and Washington, D.C. Developments From The Order To Eat World.

Report 237

Report Innovation Boston Chicago 237

PYMNTS

JUNE 8, 2020

For the week ending June 6, the number of travelers screened by the Transportation Security Administration (TSA) was 2.4 For example, in Chicago, work on an $8.5 “We don’t need a marble floor,” Holger Blankenstein, executive vice president of Volaris, a low-cost carrier in Mexico, told the WSJ. million, PYMNTS found.

San Francisco 130

San Francisco Florida Chicago Report 130

PYMNTS

MARCH 18, 2019

The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally obtained funds through laundromats, as their cash-heavy nature made it more difficult for the right side of the law to detect such money mixed in among legitimate payments.

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Compliance Regulation Chicago Tools 181

PYMNTS

APRIL 16, 2020

Not only do industry giants have innate name recognition, but they also have colossal advertising budgets and access to cutting-edge mobile ordering technology and features that small operations cannot match. The new coronavirus, COVID-19, has only made this competition fiercer. Restaurants Should Not Forget Their Roots.

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Fraud Chicago Resources Mobile 130

PYMNTS

FEBRUARY 22, 2019

The OCC identified the deficiencies in the bank’s branches in New York, Los Angeles and Chicago. It also oversees OFAC sanctions compliance and anti-corruption compliance across all of MUFG Bank’s worldwide operations. On Wednesday (Feb. 20), it was reported that MUFG was testing blockchain technology to digitize the paper check.

Compliance 108

Compliance Los Angeles New York blockchain 108

PYMNTS

MARCH 25, 2019

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

PYMNTS

FEBRUARY 8, 2019

According to reports, 2nd Address said it will use the funds to improve its technology and expand into new cities beyond its existing markets in California, New York City, Chicago and Washington, D.C. Also operating in the banking technology sphere is Bud, which recently raised $20 million in Series A funding.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

OCTOBER 25, 2019

The Chicago-based virtual restaurant offers lunch and dinner via menus developed by Bon Appétit’s Test Kitchen editors and the restaurant group Lettuce Entertain You Enterprises. DoorDash blamed the breach on an unnamed third-party service provider and pledged to investigate with outside security experts.

Trends 116

Trends Mobile Fraud Google 116

PYMNTS

NOVEMBER 14, 2017

Nicole Crafts has also secured a “exclusive partnership” as part of a major investment in handcraft marketplace Zibbet. Though it has been officially acquired, Blitsy will operate largely as an independent subsidiary of Nicole Crafts LLC and remain based in Chicago, though it will have access to A.C.

Chicago 116

Chicago Retail Industry Branding 116

Celent Banking

MARCH 13, 2015

Capgemini recently hosted a few dozen consultants and industry analysts to Chicago for their two-day Analyst and Advisor Day event. Unfortunately, it was typical Chicago winter weather with sub-zero windchills and snow flurries, but for those who braved the conditions it was a very interesting and informative event.

Chicago 100

Chicago Digital Banking Management America 100

PYMNTS

NOVEMBER 15, 2019

S urvey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products. ATMs have become more advanced in recent years, offering unprecedented convenience and security with cameras, passcodes and biometric fingerprint and retina scanners. ATMs Get Smarter.

ATM 127

ATM Video Survey Chicago 127

PYMNTS

JUNE 7, 2018

Security Boulevard reported this week (June 6) that in the wake of the new digital security rule taking effect, criminals were quick to use it to their advantage. A phishing scam purporting to come from Apple is the most popular that we’ve seen,” Security Boulevard said. “It

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

JULY 22, 2019

They attack every industry you can think of,” said Ron Bush, an information security consultant, in a recent interview with NWI.com. . When you’re a government or hospital and held up so you have to ease operations, paying tens of thousands of dollars might make sense. We’re at war and don’t realize it. What’s the alternative?” .

Florida 145

Florida Bitcoin Indiana Data 145

PYMNTS

NOVEMBER 29, 2017

Regular folks (the ones who didn’t have housekeepers for that sort of thing) were enamored with the coin-operated machines that, for the first time, saved them the trouble of doing the wash themselves. Enter Al Capone and the Chicago Outfit, who turned the popularity and cash-based nature of the laundromat into an opportunity.

Chicago 117

Chicago Fraud Operations Marketing 117

PYMNTS

DECEMBER 14, 2018

According to AM New York , it has “the largest fully operational coffee roasting plant in Manhattan.” For coffee drinkers who do want to purchase drinks in an experiential store, Starbucks said future Roastery locations are scheduled to open in Chicago and Tokyo in 2019. million pounds of coffee annually.

Retail 161

Retail New York San Francisco Chicago 161

PYMNTS

DECEMBER 12, 2018

Since then, the eCommerce retailer has brought the store to other locations in the city and Chicago as well as one location on the way in Lower Manhattan. The larger aim, he said, is to be a piece of the infrastructure that merchants can operate in those environments. The Market.

Retail 116

Retail Mobile Seattle Chicago 116

PYMNTS

APRIL 7, 2016

In other loan activity that was found fraudulent and stopped by the FTC, the commission instigated an investigation into, and stoppage of, a Chicago area operation that used threats and coercion to collect monies that were not owed, spread across six companies and three individuals.

Chicago 100

Chicago Operations Company Fraud 100

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. Chicago’s Leaf Trade saw $4.5 From Singapore to the U.K., Leaf Trade.

Fintech 133

Fintech Capital Lending Chicago 133

PYMNTS

MARCH 27, 2020

Vending machines have come a long way from their origins as coin-operated appliances that dispense sodas or candy. cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. From the supply-chain side, I have to be able to manage a highly perishable inventory,” he said.

Milwaukee 130

Milwaukee Meeting New York City Data 130

PYMNTS

SEPTEMBER 6, 2016

It also has to be compliant with PCI obligations and the Commonwealth’s Protective Security Policy Framework and ISO 27001. While the deal is in the early stages, it is possible that Transport for London (TfL) technology will be found in Sydney, Brisbane, Vancouver and Chicago, areas that Cubic Transportation Systems operates in.

Chicago 100

Chicago System Mobile Policies 100

PYMNTS

JANUARY 3, 2019

Reward points and discounts aren’t the only tool in the QSR playbook: The tracker found that many companies in the industry are looking to increase the convenience and security of their mobile-order ahead services. The company also planned to make order pickup more streamlined by redesigning its locations.

Los Angeles 158

Los Angeles San Francisco Mobile DC 158

PYMNTS

MARCH 25, 2019

Those firms, noted The Chicago Sun Times , would still be subject to federal laws (and possible prosecution under those laws). “I I would say this is kind of the grey area we’re in right now,” Jerry Peck of the Community Bankers Association of Illinois told the Senate Financial Institutions Committee, as reported by the Times.

Lending 128

Lending Illinois Compliance Chicago 128

PYMNTS

MARCH 9, 2020

But if you think about trafficking,” he said of the flow of illegal firearms, “there’s a huge financial backbone to these operations. The efforts, funded by PayPal, are being spearheaded by the Center on Crime and Community Resilience, based at Northeastern University and the University of Chicago Crime Lab.

Data 177

Data United States Chicago Community 177

PYMNTS

DECEMBER 29, 2016

The Chicago-based business falls under Enova International, Inc., After operating 11 brands in six countries, DeCosmo leveraged the data and analytics to launch Enova Decisions in 2015 and provide clients with custom, real-time analytics services that improve credit risk, fraud protection, operations and marketing.

Data 101

Data Analytics Chicago Industry 101

PYMNTS

OCTOBER 4, 2019

The Uber Works app is being tested in Chicago and will show available shifts companies are looking to fill with temporary workers. The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. Uber Launches Uber Works To Connect Workers To Gig Jobs.

Fraud 108

Fraud Google Apple Chicago 108

Celent Banking

APRIL 26, 2016

Mainframe computers are interesting from operational processing perspective in that data (specifically customer accounts and daily transaction data) takes a while to load, but once loaded accounts can be processed at a lightning-fast rate. And so it has gone for the banking processing. that they manage for in their own data center.

Chicago 100

Chicago Training Illinois System 100

Independent Banker

AUGUST 26, 2015

Expanding IT security safeguards to cover physical devices. With the prevalence and importance of Internet-enabled devices increasing nearly everywhere, community banks should remember to expand the scope of their security policies and network monitoring to cover their hardware, according to computer security experts.

ATM 70

ATM Security System Community Bank 70

PYMNTS

JANUARY 17, 2020

Think of access to reliable internet service, perhaps, as roughly similar to access to reliable and secure financial services — without both, the larger worlds of payment and commerce can indeed suffer. “In In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles. communities.

Payments 131

Payments Los Angeles San Francisco New York City 131

Independent Banker

JUNE 30, 2022

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Security Bank Midwest. Security Bank. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. First Security Bank of Deer Lodge.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

NOVEMBER 3, 2016

Pedicab drivers in cities like Boston, Chicago and Washington, D.C., To secure a portion of the quickly expanding mobile market, several players rolled out new mobile wallet solutions over the past month. 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