PYMNTS

JUNE 27, 2017

Apart from the hefty fine, the EC has given Google 90 days to “stop its illegal conduct” and offer other price comparison services the chance to compete on a balanced playing field. It denied other companies the chance to compete on the merits and to innovate. Google has been ordered to pay 2.4 billion euros ($2.7

Google 111

Google Comparison Operations Regulation 111

Bank Innovation

JANUARY 31, 2019

Although payments revenue for the quarter still paled in comparison to the company’s quarterly […]. The company’s "payments and other fees" category banked a record $274 million in the fourth quarter of 2018, compared with $193 million in the same quarter of 2017, marking a nearly 42% increase.

Payments 170

Payments Comparison social media Operations 170

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. company-operated transactions. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. Currently, 58.7 times a year.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

JUNE 5, 2020

percent of consumers were shopping for retail goods online as of May 23, up from the 32.5 percent increase of consumers who shopped online for retail goods on April 11 and 24.1 million consumers are now shopping online, compared to the 66.4 However, even the high end needs to be online. The research shows that 35.7

Retail 131

Retail Online Texas Comparison 131

PYMNTS

NOVEMBER 27, 2018

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion.

Payments 123

Payments Innovation Comparison Meeting 123

PYMNTS

SEPTEMBER 15, 2020

Similarly, industry and society are moving on to new experiences in futuristic online “worlds” with functioning economies where real-world and virtual events commingle in an evolution of social media-style community offering safety from COVID and, increasingly, commerce. Murmurs From The Metaverse. million viewers.

Indianapolis 160

Indianapolis social media Comparison Washington 160

PYMNTS

MARCH 5, 2019

It’s become a cliché too often heard today in the B2B space: Procurement should evolve into an experience that mirrors a consumer shopping online at Amazon. That’s in stark contrast to the “front office” operations of the sector, according to analysis by DNV GL, an oil and gas industry advisory firm. ”

Industry 148

Industry Operations Analysis Innovation 148

PYMNTS

JUNE 7, 2018

Finastra said this week at Money20/20 Europe that it is making the trio of core components tied to its FusionFabric.cloud platform available for open innovation, eyeing the drive to open banking. FusionOperate, as the name implies, offers a management system to deploy and operate the applications via cloud infrastructure.

Fintech 186

Fintech Comparison Innovation Analytics 186

PYMNTS

DECEMBER 16, 2019

It also means that pharmacies — whether brick-and-mortar or online — are popular places, perhaps even part of a weekend to-do list that includes holiday retail shopping. That is certainly one possibility for innovation and disruption in the retail pharmacy space. Rising Costs. Recent research supports that point. Larger Trends.

Mobile 142

Mobile Retail Innovation Course 142

PYMNTS

AUGUST 10, 2018

Hong Kong, by comparison, saw $596.8 Among the startups in Singapore’s burgeoning FinTech scene is InstaReM , which seeks to disrupt traditional cross-border remittances business with online and mobile platforms. Another Singapore-based FinTech firm, Silot , seeks to streamline banking operations. million that year.

Fintech 107

Fintech Marketing Comparison Innovation 107

PYMNTS

MARCH 18, 2020

And she noted, as the world has watched a global pandemic unfold around COVID-19, the disease caused by the coronavirus , the power of that multimodal interactivity has become particularly important as consumers have sought the provision of healthcare services online and as workers have headed out of their offices to conduct business remotely.

Training 249

Training Technology Innovation Comparison 249

PYMNTS

APRIL 4, 2018

Through platforms such as Slice , small pizzerias can tap into technology that allows their customers to order pizza online for pickup or delivery — just like the larger national chains. By comparison, Sela said 60 percent of the big pizza chains’ business is digital, leaving room for small pizzerias to grow their digital order base.

San Francisco 128

San Francisco Comparison social media Online 128

PYMNTS

DECEMBER 20, 2018

Dynamic pricing promises to keep making strides in 2019, with vendors updating their repricing software (“repricing” is another term for “dynamic pricing”), and online sellers engaging in increasingly fierce competition to win the buy box. earlier in December launched a repricing software product for Walmart online marketplace sales.

Software 157

Software Retail Analysis Online 157

PYMNTS

NOVEMBER 22, 2019

In addition to Alexa, the restaurant chain is also turning to other digital innovations. The company intends to refresh stores at a slower clip to keep more locations fully operational. It said the project would bring in $400 million of operating profit by next year.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

JULY 10, 2019

Digital platforms facilitate everything from online shopping to ridesharing to booking a hotel. By comparison, fraud itself is considered a top friction point by only 16.4 False positives aren’t just considered friction points – they are also challenging on an operational level. According to the AI Innovation Playbook , 63.6

Fraud 140

Fraud Strategy Study Comparison 140

PYMNTS

DECEMBER 19, 2019

The end result is that retailers at physical and brick-and-mortar locations would have the same insight and flexible ads (in terms of targeting) that are seen across online platforms, as has been a hallmark at Amazon. But recent changes have sparked even more interest and innovation from commerce operators. Security Cameras.

Retail 131

Retail Software Video Course 131

PYMNTS

NOVEMBER 11, 2019

That sounds like a large number, though it is difficult to make an apples-to-apples comparison with cards issued by others, since as a general rule banks do not break out performance by individual cards. From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”.

Apple 101

Apple Massachusetts Data Cards 101

Cisco

DECEMBER 7, 2020

The resulting inertia for innovation that’s visible today will help savvy institutions achieve these goals through new sustainable approaches that are applicable across lines of business and distribution channels. Institutions are quickly recognizing the strategic advantages of online appointment scheduling.

Meeting 82

Meeting Video Customer Experience Innovation 82

PYMNTS

JANUARY 25, 2021

It is the juxtaposition of social networking and entertainment and sports all combined,” said Glen Calvert , chief operating officer of Fnatic , a London-based eSports outfit that hires professional gamers, runs tournaments and sells branded gaming apparel and gear. By comparison, Netflix's 75 million U.S. It's not just a video game.

Video 197

Video Branding Comparison Industry 197

PYMNTS

NOVEMBER 20, 2020

But as the pandemic has progressed it has become increasingly clear that Target is also laying claim to the paycheck, and is often more innovative and digital-first than Walmart. By a strict look at the macro numbers, Target still pales in comparison. And when attention turns to loyalty programs, the comparison is even more dramatic.

Comparison 165

Comparison Strategy Retail Minneapolis 165

PYMNTS

JULY 23, 2018

Target reported that its one-day sale on July 17 was its biggest online shopping day of the year, in terms of both traffic and sales. People love to comparison-shop, with many turning to Amazon’s competitors to compare deals and prices. Prime Day has turned into a huge opportunity for all online retailers.”

Google 100

Google Retail Online System 100

PYMNTS

JANUARY 17, 2019

“This minimizes the amount of time it takes to complete the majority of the company’s online orders.” This is where the AI will learn and evolve as it works to improve operations. That is certainly no apple-to-apples comparison when it comes to supply chains and fulfillment, but is does indicate that the road to true AI is a long one.

Retail 197

Retail Survey Analysis Apple 197

PYMNTS

MAY 2, 2016

.” That should be a wake-up call for retailers struggling to convert more online consumers, and especially those like Toys”R”Us that ostensibly target children but are ultimately dependent on their parents making a move to the checkout page.

Millennials 100

Millennials US Online Retail 100

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. In the case of the latter, of course, the EU’s online privacy laws have implications for firms far beyond Europe’s borders – to the tune of hefty fines for non-compliance. Are merchants ready?

Mobile 106

Mobile System Data Course 106

CB Insights

FEBRUARY 1, 2019

orders, or a daily average of 700,000 orders, in Q3’18, and reached 12M orders on Indonesia’s National Online Shopping Day in December. This analysis focuses on where insurance innovation in the market is happening today and where it is headed next. The platform recorded 63.7M Source: Google and Temasek. in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

PYMNTS

MAY 25, 2016

Previously, Amazon had operated the forgiving policy for all items both shipped and sold by its own operations, but according to a spokesperson who contacted TechCrunch via email, this new policy — apparently, retroactive to May 7 — means that “with the exception of TVs, Amazon.com doesn’t offer post-purchase adjustments.”.

Policies 108

Policies Comparison Retail Security 108

PYMNTS

AUGUST 5, 2016

For a startup that’s done some pretty heavy lifting to successfully recruit merchants to join an innovative new eCommerce platform, being front page news lauding its accomplishments is always great news. Most local liquor store retailers don’t have websites, which means that they don’t have online product catalogues for starters.

Comparison 100

Comparison Retail Boston Online 100

PYMNTS

SEPTEMBER 16, 2016

Everyone is talking about FinTech,” René Lomelî, operations director for 500 Startups , told Mexico IT. It doesn’t hurt that more than half of Mexico’s online population is made up of millennials, who have increasing demand for smart devices and more engaging digital experiences. percent to 59.8

Fintech 100

Fintech Capital Millennials Mobile 100

PYMNTS

JUNE 28, 2016

Which under normal circumstances is pretty good – but they kind of pale in comparison to the global display of metaphorical fireworks. A few years ago marketplace-based online lending was being hailed as the the signature innovation that was going to upend tradditional bank based lending for consumers and small businesses everywhere.

Lending 100

Lending National Marketing Online 100

PYMNTS

MARCH 26, 2019

Customers online leave behind all kinds of data in their wake — who they are, how often they visit or purchase items, what they’ve looked at and purchased, when they’ve exited, what they keep coming back to see, how much they spend. Not every shop will necessarily be a great fit for this technology, he explained.

Retail 127

Retail Security Data Software 127

PYMNTS

MARCH 14, 2017

Whether it’s checking a bank account balance or placing an order online, consumers expect fast, convenient and immediate results. For comparison, this is six times the debit or pull transaction market. DE: As we roll into another Innovation Project event, we are on the bleeding edge of push payments.

Meeting 101

Meeting Payments Cards Marketing 101

PYMNTS

DECEMBER 13, 2019

The clock is ticking — holiday shipping deadlines are approaching and the last of the holiday shopping procrastinators are either rushing to order online or resigning themselves to a last-minute trip to a crowded mall or shopping center to tough it out in line with all the other procrastinators. billion a year. billion and FedEx 3 billion. “We

New York City 131

New York City New York Retail US 131

CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. SoftBank has backed a slew of edtech startups in 2021, from AI tutor Riiid to online education platform Unacademy to employee upskilling company Go1. . Bubble size and proximity to center correspond to number of investments. Retail & consumer.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

NOVEMBER 29, 2017

As a point of comparison, U.S. Florida, which recently legalized medical marijuana, saw its issuing of state ID cards slowed dramatically because Bank of America rather adamantly refused to touch online payments for medical marijuana cards. consumers spent a roughly equivalent amount ( $55 billion ) on smartphones last year.

blockchain 102

blockchain Industry District of Columbia Florida 102

MyBankTracker

MARCH 3, 2021

Lemonade advertises itself as a lower-cost insurance provider due to their lean approach to operations. They depend heavily on technology for their customer service for both estimates and claims while taking profits for their operations in a nontraditional way. Pricing and coverage. Local Burglar Alarm. Police Station Reporting.

Policies 52

Policies CA Apple Wyoming 52

Tefkin

MARCH 12, 2014

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In the past 20 years, arguably the investment side of the insurance business has seen the most innovation. A classic case of Innovator’s dilemma. billions.

Comparison 34

Comparison Lending Examples Data 34

CB Insights

JULY 16, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28