Remove Compliance Remove Innovation Remove Millennials Remove Technology
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How Mobile Technology Is Changing Insurance Claims

PYMNTS

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

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In Financial Services Innovation, Disruption Isn’t Everything

PYMNTS

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P.

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In Financial Services, Innovation Versus Inertia

PYMNTS

That may have to shift a bit in a world where technology is changing how we do business and transact across the globe. Data show that when it comes to innovation, more than half of respondents at the webinar said they were in the midst of initial or elementary stages of technology deployments.

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EMV’s Delay Has Been The Convenience Store’s Innovation Gain

PYMNTS

However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR. However, that’s not necessarily the case at U.S.

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Commanders In Chief: Why The Pace Of Innovation Is A Good Thing

PYMNTS

Dorchester said the pace of payments and security innovation has picked up significantly over the past five years — and that’s a good thing, as it generates new options for businesses to leverage the best of both worlds. On top of that, there are many who don’t want to keep up with said technology due to fear.

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Gearing Up For Payments Innovation, Short And Long Term

PYMNTS

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.