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. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Data 293

Data Innovation Big Data Marketing Strategies 293

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Daniel Gouldman, CEO of crypto banking platform operator Ternio, told Karen Webster that even Grandma can now access a new way to interact with currency.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

MARCH 12, 2020

percent of CUs believe that challenger banks will play very or extremely important significant competitors in the coming years, largely because they worry that challenger banks will prove to be better innovators. The fear is palpable, but just how likely are members to leave their CUs over their ability to innovate? As much as 41.4

Innovation 192

Innovation Data Fintech Google 192

PYMNTS

MAY 29, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. SBA Data Show At Least $20B Of PPP Loans Have Been Canceled. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JANUARY 24, 2018

The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead of the financial heavyweights. Traditional banks and FIs can either keep up with the pace of innovation or risk losing customers to disruptive innovators. The good news?

Innovation 144

Innovation Data Innovation Strategies Fintech 144

PYMNTS

JULY 30, 2019

Modern credit unions understand all too well that loyalty innovation is critical to staying in business, and that those that do not prioritize it risk losing a significant share of their members. Loyalty-based innovation is a top concern for many credit union (CU) members, as outlined in the latest Credit Union Innovation Playbook.

Innovation 108

Innovation Data Analytics Video 108

BankInovation

JULY 28, 2023

Bank Automation News and banking data and analytics platform FI Navigator have released the latest ranking of the top five most innovative financial institutions.

Innovation 52

Innovation Analytics Data America 52

PYMNTS

JANUARY 14, 2021

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products.

Innovation 225

Innovation Policies User Experience Security 225

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

NOVEMBER 9, 2020

For some organizations, this may be good news for the bottom line. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Bill.com revealed some of those changes as it highlighted the innovations driving a solid first fiscal quarter.

Innovation 255

Innovation Fintech Payments Mobile 255

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. In consumer spending, Amazon and Walmart are pushing to capture the electronics portion of the U.S.

Compliance 173

Compliance Innovation Retail Apple 173

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce.

Cards 286

Cards Innovation Management Payments 286

PYMNTS

FEBRUARY 21, 2020

The Financial Crimes Enforcement Network (FinCEN) has announced Michael Mosier as its new digital innovation officer and deputy director. Mosier succeeds Jamal El-Hindi, who will serve as the interim chief data officer (CDO) for the Department of the Treasury.

Innovation 250

Innovation National United States Leadership 250

PYMNTS

DECEMBER 18, 2020

18) that it has signed a data access agreement with Brex , a company that provides financial services that help scale early-stage businesses. According to Finicity, the move extends its leadership in providing direct data access through the use of APIs to the FinTech category.

Data 242

Data Leadership Innovation Fintech 242

Perficient

JULY 31, 2020

One of the things that the COVID-19 pandemic has taught us is the value of data. If you’re like me, you’ll open your trusted data source and check what the COVID-19 count is across different parts of the world. Our world in Data (.gov). The Value of Data Through COVID-19. Let me explain!

Data 354

Data Analytics Strategy social media 354

PYMNTS

JANUARY 13, 2021

Salesforce is launching a new product to make it easier for firms to add loyalty programs , while Zing Bars is growing its direct-to-consumer (D2C) channel for healthy snacks amid the pandemic. In retail innovation, many American consumers still want a digital-first shopping experience even after a COVID-19 vaccine.

Retail 159

Retail Innovation Data Tools 159

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

SEPTEMBER 4, 2020

In retail logistics, eBay has expanded its integration with UPS to add new functions for selling and shipping. And the use of cash is dwindling amid a shift to digital payments, while Apple will reportedly roll out four new 5G phone models in October. All this, Today in Data. 50%: Relative share of U.S. 26%: Portion of all U.S.

Innovation 202

Innovation Payments Apple Data 202

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

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.

Innovation 167

Innovation Digital Banking Data Fintech 167

PYMNTS

JANUARY 16, 2019

But for every problem, it seems, some innovator somewhere seems to be working on a digital solution – to make the playing field more level , the world more inclusive and the experience more frictionless. Data: 163 million: The number of women worldwide who have started businesses since 2014.

Innovation 108

Innovation Data United States Retail 108

Bank Innovation

AUGUST 6, 2018

banks in an attempt to gain access to customer data, the Wall Street Journal reports. At a time when Facebook’s data management is under intense scrutiny, this news is unlikely to be greeted warmly by customers of those banks called out […]. Facebook has entered discussions with major U.S.

Data 284

Data Management Report social media 284

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. “Gone are the days of paper pay slips to your door,” she said. “Technology and apps are the way forward.” ”

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

OCTOBER 7, 2019

Digital platforms are driving innovation in the health and wellness space. In other digital innovation news, Amazon is growing its 4-star store footprint , showcasing items rated four stars or higher by online shoppers. All this, Today in Data. 187: Number of store locations Forever 21 plans to close.

Innovation 102

Innovation Data Operations Retail 102

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Ten Years Of Payments Innovation And Reinvention. What a week it’s been! And the PYMNTS Weekender is here to make sure you didn’t miss anything.

Apple 101

Apple Innovation South Dakota Taxes 101

Perficient

APRIL 3, 2024

The report explores the potential of innovative technologies with “…particular emphasis on generative AI (Artificial Intelligence), as it not only delivers benefits now but also underpins technologies such as autonomous workplace assistants, embedded AI, and edge intelligence.”

Technology 221

Technology Report social media Industry 221

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use.

Regulation 131

Regulation Data Apple Payments 131

PYMNTS

SEPTEMBER 14, 2020

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as of the end of July. 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.

Innovation 245

Innovation Video Course Meeting 245

Bank Innovation

OCTOBER 5, 2016

Some words that should no longer surprise you, because this technology is only growing stronger: in blockchain news, there’s a new player on the block… chain. Doing it, moving on: Blockchain-for-data company Factom Inc. has just raised $4.2M in a Series A, in a round of eleven investors—plus or minus Read More.

blockchain 356

blockchain Company Data Technology 356

Bank Innovation

AUGUST 7, 2018

Recent news that Facebook is in talks with banks on a solution other than “services like customer chat or account management” overlooked how the social media platform already works with banks, a representative of the social network told Bank Innovation. The Wall Street Journal has it wrong.

social media 244

social media Data Innovation Management 244

PYMNTS

JULY 18, 2019

Data is where it’s at, and more credit unions (CUs) are waking up to the fact that without sophisticated analysis of customer data, they risk being left behind as financial institutions continue to adopt innovative digital technologies to please the modern consumer. But the opportunity is real.

Innovation 124

Innovation Data Cards Maine 124

PYMNTS

APRIL 24, 2020

As Thorness explained, their embrace of ACH processing technologies is likely to have far-reaching impacts into how they send and receive payments with government suppliers, too, particularly as ACH innovation accelerates. ” Accelerating ACH Innovation. “There is a great emphasis on data security,” he said.

Innovation 161

Innovation Payments System Data 161

PYMNTS

OCTOBER 10, 2018

In fact, 62 percent of customers said innovations would make them more inclined to visit QSRs in the future, according to the latest PYMNTS Restaurant Readiness Index. The PYMNTS Restaurant Readiness Index , a Bypass and Bank of America Merchant Services collaboration, is designed to analyze how QSRs are doing when it comes to innovation.

Innovation 152

Innovation Customer Experience Data America 152

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

BankInovation

MAY 4, 2021

Vendors sometimes claim their products can automate data, eliminating the need for data scientists, but experts say that’s not entirely the case, even with AI. Such claims sound “more like marketing terms than then actual real application,” RJ Sherman, vice president of innovation at $183.3 With regard to […].

Data 98

Data Innovation Marketing Analysis 98

PYMNTS

APRIL 25, 2018

When it comes to innovation, credit unions may just be the most innovative of all, while banks big and small fail to keep up with their pace – but they’ve still got a long way to go. Most CUs, along with 80 percent of FIs of all kinds, find themselves stuck in the middle of the pack when it comes to debuting new innovations.

Innovation 108

Innovation Data Community Bank Community 108

PYMNTS

FEBRUARY 14, 2020

In digital innovation, vertical farm operators are driving a technology revolution with artificial intelligence as well as data. All this, Today in Data. Data: 81 percent: Share of Gen Z consumers who prefer to shop in stores. 73 percent: Portion of Gen Z consumers who like to discover new products in stores.

Innovation 140

Innovation Data Retail Operations 140