PYMNTS

OCTOBER 1, 2020

In merchant innovation, many retailers are in the middle of a journey to digitize operations and bolster sales. And in payment methods, a number of luxury merchants are turning to flexible payment solutions like buy now, pay later (BNPL) , as greater numbers of consumers move online. All this, Today in Data.

Innovation 131

Innovation Retail Data Online 131

PYMNTS

JULY 27, 2020

Online marketplaces have been essential for companies and consumers who want to transact under stay-at-home mandates, but these platforms need formidable security approaches in place to prevent fraudulent sellers from joining or scams from occurring. All this, Today in Data. 109%: Rise in volume of online orders placed with U.S.

Operations 130

Operations Retail Online Data 130

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Around The Data Protection And Security World. The virus is sweeping through the U.S.

Data 199

Data Retail US California 199

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. 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

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. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

Innovation 245

Innovation Video Course Meeting 245

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

JANUARY 22, 2019

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Innovation, flexibility and agility helped drive WEX ’s acquisition of Discovery Benefits, Inc. All this, Today in Data. DBI) in 2018.

Data 167

Data Payments Innovation Study 167

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

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. Either way, firms that do not comply with these industry standards risk leaving their customers’ data exposed.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JANUARY 27, 2021

Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. Banks must confront numerous fraud threats when they operate digitally, and some of the most pervasive are forms of identity fraud.

Security 213

Security Innovation Fraud Study 213

Perficient

MAY 28, 2020

Oracle Utilities has long been a leader in industry applications for operations at power generation companies. Oracle’s suite of enterprise applications; ERP, SCM, EPM, and Data & Analytics all lead the industry to new fond levels of efficiency and innovation with special focus on the four desired areas of business outcome below; I.

Analytics 340

Analytics Customer Experience Risk Management Innovation 340

PYMNTS

MAY 28, 2020

Businesses that did not have online shopping channels were unable to sell their products, and restaurants that did not offer online ordering for pickup or delivery could not serve their customers. Confronted with the option, most SMBs chose to innovate. Our study finds that 33.4 Meanwhile, 16.9 percent and 13.9

Maine 182

Maine Data Innovation United States 182

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. The great digital shift has spurred banks to examine even the most basic levels of services and bring them online. Ready for Digital Currencies? .

Data 317

Data Regulation National Examples 317

PYMNTS

JULY 24, 2018

It’s easy to imagine the appeal: Transferring loyalty program data from one grocer to another, moving image data from a social media site to an online photo-printing service, retaining access to music playlists after leaving a website with weak privacy protections or other flaws. Data Control. DTP Development.

Online 101

Online Data Industry social media 101

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

JANUARY 28, 2021

The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation. This change in consumer behavior is expected to remain even after vaccines are more widely distributed.

Innovation 187

Innovation Millennials Payments Mobile 187

PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. Machine learning applies AI to take up-to-date data to help improve upon an experience without any human interaction.

Fraud 196

Fraud Online Retail Maine 196

PYMNTS

JUNE 12, 2019

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. Imagination and epiphany still have their roles, but it’s less about “eureka moments” than the steady, data-focused march of daily progress.

Innovation 192

Innovation Retail Metro Case Study 192

PYMNTS

MARCH 8, 2019

It’s one of the main clichés of the early 21 st century, but that doesn’t mean it’s wrong: Data is the new oil. However, as is the case with any powerful, profitable substance (whether tangible or not), data can be dangerous if not used appropriately. The problem is fear of data monetization gone wrong (more about that in a bit).

Data 170

Data Strategy Maine Compliance 170

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

JUNE 9, 2020

The EU enacted open banking rules in 2018, inspiring regulators worldwide to reconsider how they were transacting funds or transmitting data. Mobile and online payments are also on the rise for this same reason. Data privacy and security standards are critical for regulators to address in regions such as the U.S., and the EU.

Regulation 132

Regulation Online California Regional 132

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

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. More Innovation. Such desire for speed is also helping to drive innovation in other forms of gambling-related payments.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

OCTOBER 30, 2020

Many cybercriminals are now conducting eSkimming attacks designed to steal card data online instead of putting in the time and effort to launch schemes that involve tampering with physical card terminals, said Lindsay Land , vice president of operations at Consumers Credit Union. . “I Safeguarding Card Details.

Cards 192

Cards Online Fraud social media 192

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JULY 23, 2019

Following mandates by the Reserve Bank of India (RBI), PayPal is opening a tech center in Hyderabad to ensure all data is stored exclusively on local servers. In April 2018, the RBI set a six-month deadline for payment firms to comply with data localization. . Google also launched a localized payments app for India in 2017.

Data 134

Data Fraud Risk Management Google 134

PYMNTS

JANUARY 16, 2019

Bebe, eCommerce, online store, loyalty program, clubbebe, website, online shopping, women’s fashion, women’s clothing, retail, news. The retailer bebe has launched a new online store and an enhanced customer loyalty program, partnering with Branded Online on both projects.

Online 113

Online Branding Retail Customer Experience 113

PYMNTS

AUGUST 14, 2020

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. All this, Today in Data. 60.6%: Share of consumers who have increased their use of online D2C channels to purchase food and beverage products during the pandemic.

Technology 230

Technology Retail Apple Google 230

Perficient

FEBRUARY 27, 2023

This change will force impacted stakeholders to reconsider their services, products, and operational procedures, thus generating new opportunities for automation. Because real-time payments run on the ISO 20022 data standard, a revision or remapping of existing automation schemes to accommodate the new data standard may be required.

North Carolina 275

North Carolina Charlotte Payments US 275

PYMNTS

SEPTEMBER 9, 2020

Chief Operating Officer Ro Bhatia. But to do that, brands need that data collected across multiple channels that direct-to-consumer (D2C) relationships can provide. “In In some ways, the current crisis is a blessing in disguise … for brands that have always wanted that data,” Bhatia said. They have to be creative.

Branding 230

Branding Online Retail Data 230

PYMNTS

DECEMBER 5, 2019

A convenient and seamless ordering experience from online and mobile channels is essential for restaurant customers. Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. Recent Developments From the Restaurant Front.

Innovation 131

Innovation Houston Metro Mobile 131

Perficient

APRIL 4, 2022

1) Know Me – Data & Analytics Relevant to the Customer. By integrating driver data, app usage will increase, and the carriers have even more opportunity to promote personalized recommendations through this expanded traffic. We also help them achieve enterprise-wide operational excellence.?

Mobile 294

Mobile Survey User Experience Analytics 294

PYMNTS

JULY 7, 2020

Speaking with PYMNTS, PayParc Global Solutions Founder Taylan Taspinar discussed the sector’s dire need to upgrade its B2B payments strategy after a yearslong lag in innovation — and why not just data, but industry-specific data, is essential to combatting friction. A World Of Pain Points. ”

Industry 155

Industry Data Payments Innovation 155

PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P. Bill Marvin , CEO at J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

MARCH 20, 2019

For instance, why are there significant, revenue-draining gaps between what merchants think about payments innovation and what they actually do? You can’t blame hypocrisy for that – not when fresh data from PYMNTS, along with a new interview with Nicky Koopman, SVP of content and value-added services at AEVI , tells a much deeper story.

Innovation 139

Innovation Retail System Payments 139

PYMNTS

FEBRUARY 11, 2019

But since it’s the data point that most use to define the online/physical retail sales split, let’s use it to project, based on historical trends what the world looks line in twenty years. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores.

Online 197

Online Retail Mobile Branding 197