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Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen. Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca.

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Innovation & Insight Day – some Highlights; and a Goodbye

Celent Banking

Last week was busy for Celent: on Monday we hosted our annual Innovation and Insight Day at Carnegie Hall (more on that later). It could also have been, of course, being in New York the weekend before, or seeing Carnegie Hall during business hours.

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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

Companies then, of course, have the operational side of the costs and the associated headcount. It takes significant financial resources to maintain the entire payment contraption — and it also requires funding to add to that system from a capital improvement or innovation perspective in addition to the people costs.

Company 209
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Today In Payments Around The World: Mynt Looks For Additional Funding; WeTrade Transfer From OTC Could Bring In $121 Million

PYMNTS

Globe Telecom’s financial technology division, Globe Fintech Innovations of the Philippines, notched $175 million in additional venture funding in January. Plus, TransferWise is anticipated to file its initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley.

Policies 149
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How Synchrony Financial Is Upgrading Its AML Strategy

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

Strategy 123
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APIs Streamline Cross-Border SMB Payments

PYMNTS

“Comparing this industry between five years ago and now, there’s a lot of technology that makes it easier to do business,” said Wong. There are many types of financial technologies that traditional SMEs can embrace, such as AI (artificial intelligence), machine learning and ePayments. Wong pointed to the U.K.

Payments 232