PYMNTS

APRIL 13, 2020

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. A few innovators do come forward with good ideas, but often the environment can’t support them past the short term. While it may take years, these good, innovative ideas often resurface when the time is right.

Innovation 258

Innovation Online Guidelines Cards 258

Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. The beauty is that this network has been created by community banks for community banks.”.

Community Bank 91

Community Bank Community Payments Meeting 91

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. But current legacy rails can make this difficult.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. The Challenges Of Multi-Channel Payment Innovation. 1: Security. FIs, he said, have been consistently underestimating the end user’s expectation of security.

Innovation 228

Innovation Payments System Security 228

PYMNTS

AUGUST 23, 2019

Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. The conversation took place against a backdrop of rapid growth in demand for real-time payment systems in some domestic markets. To solve the problem, organizations need to take more of a community-based approach.”.

Compliance 192

Compliance Security Payments Community 192

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

Innovation 108

Innovation Security Payments Mobile 108

PYMNTS

JULY 10, 2020

The AARP Innovation Labs and Howard University , for example, are joining forc­es to enhance remote healthcare services for consumers in underserved communities with chronic health conditions, such as hypertension and heart disease. How HealthTap Meets Flexible Telehealth, Data Security Demands. About The Tracker.

Security 208

Security Indiana Meeting Data 208

South State Correspondent

FEBRUARY 20, 2023

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195

National Lending How To Community Bank 195

PYMNTS

SEPTEMBER 25, 2019

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? Is real-time global payments expanding to new markets? percent of all FIs consider both their core and IT systems effective for innovation, while 19.7 percent for community banks.

Innovation 171

Innovation System Compliance Payments 171

NCR

DECEMBER 18, 2017

Community banks are an integral part of the US banking system. In the US, a community bank is typically defined as one with assets of less than $1 billion – and for many people a local credit union or community bank is often the first choice when opting for a financial services provider. Why does all this matter?

Community Bank 79

Community Bank Community Innovation ATM 79

PYMNTS

APRIL 1, 2019

They want to know their money is secure, they want to have a positive experience whether they are online or talking to a teller, and when things go wrong from time to time, they want to know the path to getting them set back to rights is short and straight. The Security Core. Tapping Into Trust. For example, 49.1

Innovation 141

Innovation Fintech Fraud Security 141

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

South State Correspondent

APRIL 4, 2024

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. While the US is, and will remain, the center of innovation and risk-taking, the economy will transition to fewer small businesses and more larger enterprises.

Risk Management 195

Risk Management Community Bank Policies Community 195

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

Innovation 150

Innovation Fintech Community Industry 150

PYMNTS

JULY 16, 2019

Ondot said its 4,000 banks and credit unions will see faster and easier upgrades while also gaining access to the latest innovations and functionality. A key concern we hear about from customers is security and compliance,” Narayan said. Ondot also adheres to financial services’ best practices for privacy, security and compliance.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

Innovation 145

Innovation System Mobile Trends 145

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 3) Community Focused. 4) Employee Focused.

Community 195

Community Community Bank Leadership Lending 195

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. The Opportunity The opportunity for growing deposits is substantial.

Taxes 195

Taxes Community Bank Community Operations 195

Perficient

SEPTEMBER 15, 2020

Savvy healthcare innovators leverage the power of consumerization by first observing what works in domains outside of their own, and then adapting those successes to address their own challenges. What might you learn from studying emerging innovations used by virtual personal trainers, e-learning platforms, or even credit card companies?

User Experience 427

User Experience Innovation Branding Customer Experience 427

PYMNTS

MAY 26, 2017

Fortunately, it appears the recreational market is getting some much-needed innovation to help organizations and associations process payments and participant registration. One company that is innovating in the sports and recreation industry is Amilia, an online registration and membership management platform. In the U.S.,

Marketing 115

Marketing Payments Community Millennials 115

Cisco

NOVEMBER 15, 2022

Open banking allows third-party financial services companies to access consumer banking, transaction, and other financial data via the secure use of APIs. It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. In the U.S. Cisco in the evolving ecosystem.

Innovation 156

Innovation Security Data Innovation Strategies 156

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. or largely focused on the domestic banking market. Main Street Banking: A Podcast for Community Bankers 8. So here’s your head start on finding some banking podcasts that might work for you.

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 14, 2020

The company was already Amazon -owned, and Soudodi said in the letter that the new name signals the company will still be a "highly secure online payment service that is easy-to-use and seamlessly integrable," but will now have the benefit of Amazon's global reach and other high-tech benefits.

Payments 199

Payments Fraud Video Regional 199

PYMNTS

SEPTEMBER 18, 2019

a platform that will help develop a center of AutoMobility innovation via partnerships for new technologies and/or business models. Indian auto manufacturing giant Tata Motors has launched its AutoMobility Collaboration Network 2.0, Maker is looking forward to seeing how Dai can help de-risk this emerging workforce.”.

blockchain 109

blockchain Security Los Angeles Bitcoin 109

PYMNTS

JULY 10, 2020

The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces. The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. “In The Pandemic Is Speeding Innovation Up.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. It should be noted that almost all mortgage security finance (i.e.,

Lending 148

Lending Innovation Fintech Cards 148

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. This means getting regulation right is critical.

Regulation 349

Regulation National System Industry 349

PYMNTS

NOVEMBER 18, 2016

As more stakeholders and players join the fold, there’s a ripe opportunity to find innovative ideas in unlikely places. PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done?

Innovation 100

Innovation Payments Software Trends 100

CB Insights

NOVEMBER 19, 2020

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

Capital 101

Capital blockchain Marketing San Francisco 101

PYMNTS

MAY 25, 2017

A handful of payment innovations, designed to help merchants in several different businesses, have also recently been introduced. Reinventing the Recreation Market. And back here in North America, Alipay and First Data formed a partnership to help millions of First Data’s business clients accept payments from overseas visitors.

System 124

System Community Payments Report 124

PYMNTS

AUGUST 31, 2020

percent of CUs have interest in unveiling products and services for these firms in the next three years,” according to PYMNTS’ recent Credit Union Innovation Playbook: Microbusiness Opportunity Edition. Leaning Into Community-First Lending. “Credit unions (CUs) have been especially invested in helping microbusinesses — 40.8

Community 152

Community Lending Community Bank Innovation 152

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Rising interest rates depress the value of low-rate securities and loans. For the past five years or so, banks have obsessed over “innovating.”

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). The partnership will connect lenders that offer people device financing, and taps Samsung’s integrated Knox security platform to safeguard data.

Samsung 180

Samsung Innovation America Security 180

PYMNTS

DECEMBER 19, 2019

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. PYMNTS’ latest Digital Banking Tracker examines the latest trends and initiatives from the banking community to continue pressing forward into the future of financial services.

Fraud 104

Fraud Payments Security Fintech 104

PYMNTS

JUNE 18, 2020

The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. DoorDash had a $13 billion market value just last year, or almost tenfold higher than what it was in 2018. Rowe Price Group Inc.,

Capital 141

Capital Community California Maine 141