PYMNTS

MARCH 2, 2020

A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding. It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation.

Innovation 222

Innovation Data System Mobile 222

Perficient

JULY 15, 2020

can leverage the Modern Data Platform approach. This Digital Transformation approach will help enterprises looking to re-platform, helping various Line of Businesses embark on the journey for Self Service Analytics, Modern fully managed Data Platform services etc. Our target personas are various resources at our Clients.

Data 497

Data Customer Experience Analytics Industry 497

South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

Conference 195

Conference Marketing social media Data 195

PYMNTS

JUNE 3, 2019

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that did not focus on data analytics. For example, 91.7 Meanwhile, 80.6

Analytics 150

Analytics Innovation Data Fraud 150

Perficient

FEBRUARY 10, 2021

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294

Software Innovation Company America 294

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

OCTOBER 11, 2019

And, in digital banking, banks are innovating with their strategies for fraud protection and anti-money laundering (AML). All this, Today in Data. Data: $525M: Approximate valuation of cloud company kitchen Rebel Foods Pvt. sales the athleisure market generated as of 2016. sales the athleisure market generated as of 2016.

Trends 122

Trends Innovation Technology Marketing 122

Perficient

SEPTEMBER 26, 2022

Roaming the convention floor, I found several exciting paths the industry is headed down and how it aligns with our view of digital modernization: Data is everywhere. Data and analytics remain key investment areas for insurance operations. Embedded Insurance is a rapidly evolving distribution channel.

Data 275

Data Conference Analytics Industry 275

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. All this, Today In Data. Data: 200: Number of questions in the opening survey for customers of Trendy Butler. that avoid the swipe or chip card reader.

Innovation 139

Innovation Marketing Payments United States 139

Bank Innovation

SEPTEMBER 27, 2019

RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees. Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios.

Capital 150

Capital Marketing Data Management 150

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

PYMNTS

OCTOBER 5, 2020

And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. All this, Today in Data. Data: 2012: The year Home Depot started its Pro Xtra program. 6.8B: Estimated size of the global tokenization market by 2027. . consumer’s whole paycheck.

Compliance 173

Compliance Innovation Retail Apple 173

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. It is an open banking platform on one level and it also is a data management platform for consumers on another.

Data 293

Data Innovation Big Data Marketing Strategies 293

Bank Innovation

SEPTEMBER 21, 2017

However, all agreed on the increasing potential of alternative data. While only some professionals were bold enough to say the standardized credit scoring has become marginalized, others maintained that it was here to stay. For […].

Phoenix 342

Phoenix Data Lending Marketing 342

PYMNTS

OCTOBER 2, 2020

And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. All this, Today in Data. Data: $86B: Estimated spend on in-car commerce by 2025. 25%: Share of U.S. 25%: Share of U.S.

Innovation 167

Innovation Digital Banking Data Fintech 167

Bank Innovation

APRIL 13, 2018

Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, it was reported yesterday. Plans for the […].

Lending 223

Lending Marketing Data New York 223

Accenture

MARCH 18, 2016

Banks are relying more and more upon Big Data and analytics to transform their distribution and marketing strategies. In our research into how high-performing companies (those that deliver above-average business performance on a consistent basis) approach analytics, we found that. Read more.

Big Data 150

Big Data Analytics Data Marketing 150

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. Speeding Up Wages. Among the largest, she said, is an accelerating pay cycle. Unlike the U.S., A Higher Technological Standard. ”

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 191

Innovation Data Fintech Exercises 191

The Financial Brand

APRIL 16, 2024

This article Move Over CMOs, Data-Driven Growth Marketers Are Taking Over appeared first on The Financial Brand. The evolution of the chief marketer from overseeing ads placements to product innovation is a sign of a new era in executive thinking that's blending sales, product and finance.

Marketing 29

Marketing Data Branding Innovation 29

PYMNTS

DECEMBER 9, 2020

FIS and Worldpay combined in mid-2019, Fiserv and First Data combined shortly thereafter and Worldline SA purchased Ingenico earlier this year. What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

JANUARY 18, 2018

But according to a new report from EY, it would be unfair to say that regulation is the only driving force behind large banks’ changing market strategies. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Optimism Up. North American banks are among the most optimistic, EY found.

Regulation 156

Regulation Innovation Fintech Marketing 156

PYMNTS

JANUARY 21, 2020

But, as Karen Webster and Michelle Carter, senior vice president global retail sales, data and services at Mastercard , discussed, the devil can very much be in the details. The latter is innovative; the former is, well, just a tweak. Testing Innovation . However, she noted, the data there is more nuanced.

Retail 168

Retail Innovation Data New York 168

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

Google 288

Google Data Regulation social media 288

Independent Banker

AUGUST 31, 2022

For example, by applying artificial intelligence (AI) to analyze data and create standardized processes that include benchmarking and lending risk assessments, community banks can enhance the effectiveness and efficiency of the loan process for the agricultural community. The demand is evident.

Innovation 144

Innovation Community Bank Community Lending 144

PYMNTS

NOVEMBER 9, 2020

With the global pandemic creating a market of volatility, corporate spend is down as businesses look to safeguard their bottom lines against macroeconomic headwinds. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently.

Innovation 255

Innovation Fintech Payments Mobile 255

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. But current legacy rails can make this difficult.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

NOVEMBER 30, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws. According to the U.K.

Marketing 189

Marketing Regulation Google Innovation 189

Independent Banker

FEBRUARY 28, 2023

Photo by Courtney K/iStock By Charles Potts, ICBA If you’ve heard it once, you’ve heard it a thousand times: In today’s landscape, data reigns supreme. Working hand in hand with digital transformation, data provides a powerful tool for community banks. Data analysis and performance marketing do not have to be in-house skillsets.

Data 133

Data How To Community Bank Community 133

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

NOVEMBER 12, 2020

There’s a difference, one that transcends simply rendering documents into data files. Another factor is the regulatory requirements in many markets that historically necessitate paper documentation for cross-border movements of funds. What’s Next.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

JULY 8, 2020

Small to medium-sized businesses (SMBs) are some of the main beneficiaries of these innovations, as they become more inclined to look into global eCommerce to add to their in-store sales. All this, Today in Data. Data: . 55B: Square’s market capitalization. Data: .

Innovation 135

Innovation Payments Maine Data 135

PYMNTS

MARCH 20, 2020

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. In the U.K.,

Lending 233

Lending Data User Experience Fraud 233

Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. Perficient’s insurance experts, who were interviewed for this report, echo this sentiment, emphasizing the need for insurers to embrace innovation to stay relevant.

Innovation 251

Innovation Regional Strategy Trends 251

PYMNTS

MARCH 21, 2019

There is a gap between what merchants say they want to do toward innovation and what they actually do — and from that gap come insights into retail and payments. In healthcare, new technology designed to strengthen authentication is gaining ground, while truths about innovation also come from the top-performing financial institutions.

Innovation 161

Innovation Payments Trends Retail 161

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Data 219

Data Technology Operations Innovation 219

PYMNTS

JULY 14, 2020

We know from past data that a very high percentage of first-time buyers become repeat customers, so our customers likely have increased the overall market for their solutions. If the increase in the sale of digital goods is lasting, which I believe it will be, failure to invest and innovate will likely result in falling behind.

Innovation 337

Innovation Online User Experience Resources 337