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

MAY 29, 2020

In an interview with Karen Webster, Chris Carder , co-director of Entrepreneurial Studies at Schulich School of Business, outlines the story of how innovation can become teamwork. A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue.

Maine 142

Maine Retail Google Community 142

PYMNTS

APRIL 29, 2019

Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in the financial industry. In partnership with i2c , PYMNTS produced the March 2019 Innovation Readiness Index to assess the state of innovation in the financial industry.

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Fintech Innovation Community Bank Study 193

PYMNTS

NOVEMBER 21, 2020

are currently set to lose their unemployment benefits the day after Christmas, according to a study released on Wednesday (Nov. So it’s good to see some major retailers giving back for the holiday. Food Lion will then donate the box directly to the local food bank or partner feeding agency in the store’s community.

Retail 179

Retail Community National New York 179

PYMNTS

SEPTEMBER 27, 2017

RIP retail. In a recent whitepaper, the firm noted that brick-and-mortar retailers face — and certainly feel — more pressure than ever to keep stores humming as centers of commerce. After all, over 90 percent of retail sales are still done in physical stores. Where Amazon treads, retailers tremble. Or, maybe not.

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Retail Branding Online Examples 104

PYMNTS

JULY 8, 2019

Indeed, some 88 percent of consumers don’t see a reason to switch to other financial institutions, according to a recent PYMNTS and Green Dot study. But that’s not stopping efforts at innovation and disruption in this space. We want to build a community around shared values,” Cherny noted.

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

SEPTEMBER 29, 2017

in the form of smart poles that improve urban communities’ access to wireless networks and LED lighting. IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. Here are the numbers: 1.8 percent increase over 2016.

Innovation 111

Innovation Data Exercises Study 111

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Home Depot was an interesting case study. Presenters proposed some solutions.

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Conference Retail Community Community Bank 100

Chris Skinner

JULY 20, 2017

You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. Kumsal has been building a community of small sized enterprises and providing them with tools to help them manage, promote and grow their businesses via the cloud. First, there is the fastPay Wallet.

social media 292

social media ATM Innovation Digital Banking 292

Abrigo

DECEMBER 10, 2019

ABA study shows banks are reporting more cases of EFE. A recent American Bankers Association Foundation research study (the ABA study) found that older Americans hold 70% of the deposited wealth in the United States. Key findings from the ABA study. The under-reported and growing crime. billion annually. We can help.

Fraud 284

Fraud Study United States Training 284

Accenture

NOVEMBER 28, 2017

It’s no surprise, then, that the majority of global banks are planning to invest heavily in open banking initiatives by 2020, as revealed in a recent Accenture study. Another recent Accenture study shows that two-thirds of consumers in the UK said they won’t share their personal financial data with non-bank providers.

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Study Millennials Examples Data 150

PYMNTS

OCTOBER 30, 2020

Businesses have evolved amidst the pandemic to prioritize the safety of their communities and to adapt to new consumer habits, and our goal is to help merchants meet those demands in a way that’s best for their business,” said Christopher Payne , chief operating officer, DoorDash. . Sam’s Club said the J.D. Power 2020 U.S.

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Meeting Operations Study Community 181

PYMNTS

OCTOBER 20, 2020

Very recently, the fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa (more from that in a minute) gave new context to the shifters. A recent PYMNTS study found that more than two-thirds of consumers see rescuing Main Street physical retail linked to the economic vitality of their local communities.

Maine 221

Maine Retail Branding Study 221

PYMNTS

JUNE 25, 2018

The PYMNTS Omnicommerce study of 4,000 consumers quarterly on grocery shopping bore that out, reporting that 55 percent of all grocery store shoppers divide their grocery spend between physical and digital channels, and that product and price were the reasons people selected the stores they shopped. Both placed near the bottom of the list.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

NOVEMBER 16, 2020

PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot.

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Study Retail Millennials Conference 270

PYMNTS

AUGUST 12, 2020

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. Many are therefore forced to cover expenses with their own personal funds.

Maine 183

Maine Survey Study Tools 183

PYMNTS

NOVEMBER 10, 2020

In addition, the two are gifting two-year Peloton Digital memberships to those studying at 10 HBCUs, which offers access to complete collection of fitness classes via the company’s app that can be harnessed with equipment or without it. Peloton, which was founded in 2012 and is based in New York City, counts a loyal community of over 3.6

New York City 154

New York City New York Study Community 154

PYMNTS

APRIL 25, 2019

Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. That’s even as earlier studies have shown that Uber and Lyft tend to focus on higher-income areas.

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Los Angeles Washington Study Chicago 128

PYMNTS

FEBRUARY 27, 2020

Retail fraud attempts have doubled year over year, for example, while account takeover (ATO) fraud losses recently hit $14.7 Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime.

Fraud 150

Fraud Examples Online Data 150

PYMNTS

AUGUST 10, 2016

Though it’s easy to see why other happenings in and around the country have overshadowed Brazil’s tech community, Rio de Janeiro’s tech scene is quickly earning notoriety. It’s unfortunate that its growing tech scene may not be at the top of the list. It looks like it’s no harm, no foul for Apple. Hackers Go For Gold In Rio.

Innovation 100

Innovation Apple social media America 100

PYMNTS

JULY 25, 2017

In an interview with PYMNTS’ Karen Webster, Dave Barrowman, who serves as senior vice president at Skava, said that in the physical retail space, the death of physical retail remains greatly exaggerated. This is the estimate, according to an analyst at Retail and Technology, of the number of stores that have closed so far in 2017.

Retail 104

Retail Online Study Data 104

PYMNTS

OCTOBER 12, 2020

When asked, fear of crowds surfaced as consumers’ primary reason for preferring to carry on with digital-first experiences when it comes to shopping for groceries (57 percent), purchasing retail products (52 percent) and even ordering food from restaurants (45 percent). The SMB Pinch.

Retail 220

Retail Study Report Boston 220

PYMNTS

FEBRUARY 4, 2019

The report also found that credit cards appear to be the most popular payment medium for online retail, travel bill payments and digital content purchases. . Consumers may find it easy to pull out cards, but this system doesn’t work as well for retailers, who must wait one to three days for those payments to process. . Faster Rails.

Payments 183

Payments System Cards Policies 183

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. “Basics like credit card terms, and benefits and services, are the lowest-scoring factors in our study. Eika Invests In Corporate Card Innovation. A recent report from J.D. According to its inaugural U.S.

Cards 101

Cards Innovation Tools Study 101

CB Insights

SEPTEMBER 26, 2018

While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. how retailers can survive (and thrive) this holiday season. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

Retail 64

Retail Los Angeles Strategy Community 64

PYMNTS

FEBRUARY 26, 2019

In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh Mandel said the initiative would increase “options and ease” for businesses, and support the local tech startup community. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency.

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Taxes Ohio cryptocurrency Payments 145

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. The Newark 40 Acres and a Mule Fund will bring pride and prosperity to our city as a whole and to our Black and Latinx business community in particular.”. Vice President-Legal, Innovative Cosmetic Concepts. Randall Pinkett.

New Jersey 52

New Jersey Community NJ New York 52

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.

Marketing 115

Marketing Payments Community Millennials 115

PYMNTS

JANUARY 29, 2018

Despite what the movies told him, archaeology was not an interesting course of study for him at all — Mycoskie likened the experience to “watching paint dry.”. When he returned a few years later on vacation, he started wearing the simple, slip-on canvas shoes and realized he discovered the innovation the world needed.

social media 104

social media Study Branding San Francisco 104

PYMNTS

JULY 14, 2020

Sprangers has seen the livestreaming shows in China and has studied up on the best practices evolving from there. She has been able to solicit repeat business from Mary Kay, which has been supportive of the stylist community, but she’s still preaching short-term success for a platform that needs a long-term vision. Here in the U.S.,

New York City 173

New York City New York Examples Maine 173

Abrigo

MAY 20, 2015

When the Apple Watch hits retail shelves within the next few weeks, chief technology officers and developers at financial institutions will be working to make sure that their mobile app translates to the latest wearable tech. An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison.

Apple 150

Apple Comparison Mobile Innovation 150

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. Facebook … and the Facebook Community. Google … and Ad-Supported Search .

Payments 196

Payments Google Apple Innovation 196

PYMNTS

AUGUST 22, 2017

Like so many of the innovators we talk to, the team at Fat Lama came by their signature innovation the day they ran smack into a big problem that seemed like it should have been much easier to solve than it was. But, Englander said, in a giant, international and often pretty anonymous city, the macro goals around community are key. “If

Millennials 100

Millennials Dallas Study Community 100

PYMNTS

DECEMBER 31, 2020

One study from 2019 found that 54 percent of 120 financial executives listed real-time payments as one of the most impactful emerging technologies, for example. Smaller banks and CUs are carefully evaluating how they use their innovation budgets to ensure their limited resources have the maximum impact.

Payments 168

Payments Resources Survey Examples 168

Cisco

AUGUST 16, 2019

Even community banks and credit unions keep building slowly, if only one or two branches a year. Meanwhile, technology is blazing ahead in consumer banking, with close to 70% of people preferring a digital experience over an in-branch experience, according to the 2019 Future Branches Consumer Study.

ATM 74

ATM Study Community Community Bank 74

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

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San Antonio Kansas City Groups CA 60

PYMNTS

AUGUST 3, 2020

A large chunk of Google’s ad revenue comes from the sectors that were hardest-hit by the pandemic — travel, hospitality and retail — and some analysts seem concerned about the longer-term hit to that piece of Google’s business as those sectors struggle to rebound. So do innovators with new tech and big ideas to help improve the experience.

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Apple Google Online Maine 234