PYMNTS

DECEMBER 29, 2020

Everyday operations ground to a halt for most consumers, businesses and financial institutions (FIs) when the pandemic began, and credit unions (CUs) were no exception. Many CUs struggled to achieve such quick pivots, but those that had already invested in the necessary technologies and security infrastructures were able to make the shift.

Capital 190

Capital Operations Mobile Innovation 190

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. In China, we see banks providing tracking and payment outcomes to corporate treasurers [and] making use of advances in mobile technologies and API-oriented services,” he said.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

JANUARY 19, 2021

said in December that it had entered into a definitive deal to sell Cost Plus to Kingswood. Those individuals have expertise in labor and deployment, operations and R&D. Assigned staffers will harness the coffee retailer’s simulation technology to find methods to accelerate vaccinations. Riley Securities Inc.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

JULY 11, 2017

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?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

NOVEMBER 8, 2017

Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting. FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

FEBRUARY 29, 2016

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. The adoption curve, especially in the U.S.,

Innovation 100

Innovation Fintech Tools Technology 100

PYMNTS

DECEMBER 18, 2020

It’s one definition of “resilience,” of which much is needed during this time of upheavals and unknowns. The three challenges firms identify as the most problematic when it comes to managing AR are high operating costs (50.1 percent),” according to the December B2B Payments Innovation Readiness Playbook. percent).”.

Study 190

Study Innovation Payments Technology 190

PYMNTS

OCTOBER 15, 2020

“We look at it as a conversation that drives action, which has a consequence for everything from a purchase to a loyalty program,” Mike Herrick , SVP of technology at customer engagement platform Airship , told PYMNTS. It can drive user attention effectively, and it personalizes the way our technology works.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

OCTOBER 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Reducing ‘Technology Debt’. Here’s why. .

Payments 316

Payments System US Technology 316

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a surprise: insurance. If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance.

blockchain 127

blockchain Industry Bitcoin Innovation 127

Bobsguide

FEBRUARY 22, 2022

An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past. We selected a proven, fully localized platform, TCS BaNCS to deliver the high level of innovation our vision demands to become a progressive, modern Bank.

Risk Management 78

Risk Management Innovation Compliance Software 78

PYMNTS

DECEMBER 10, 2018

ParkJockey , a fully integrated parking technology solutions provider, has announced an investment from the SoftBank Group , bringing its valuation to more than $1 billion. We are excited to partner with Impark and Citizens given their strong operating capabilities, complementary geographic reach and dedication to customer service.”.

Capital 116

Capital Mobile Operations Technology 116

Perficient

AUGUST 30, 2022

Agility not only offers institutions a path toward expedited change but a way to simplify complex operations. Once the Roadmap and team objectives are established, stakeholders should work with information technology partners to identify high-level solutions. for the backend and front end will be identified based on the Roadmap.

Meeting 294

Meeting Examples UX Case Study 294

PYMNTS

SEPTEMBER 20, 2018

Adobe announced it has entered into a definitive agreement to acquire software company Marketo for $4.75 The company’s technology, combined with Adobe Experience Cloud analytics, content, personalization, advertising and commerce capabilities, will allow B2B firms to develop, manage and execute marketing engagement at scale.

CA 143

CA Customer Experience Leadership Software 143

PYMNTS

OCTOBER 2, 2019

The company’s revenues went up 72 percent in 2018, according to a report by the Financial Times , but it saw its operating expenses increase £349.4 We are leading the field in innovation in food delivery, helping our restaurant partners to boost their sales and providing more well-paid work for riders.”

Taxes 116

Taxes Innovation Meeting Company 116

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

Compliance 150

Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical. There are hidden costs too.

Compliance 150

Compliance Regulation Innovation Fintech 150

PYMNTS

JANUARY 21, 2019

The Tracker found that some 74 percent of business executives cited a lack of interoperability as a major inhibitor to their real-time payments adoption, along with the operational and process challenges that come with ”living in a world where money moves that fast.”. It also goes with the territory anytime a new innovation comes to market.

Payments 185

Payments Innovation ATM Cards 185

PYMNTS

MARCH 5, 2019

But in the race to offer that B2C Amazon-like experience to business-to-business players, the eProcurement technology space may be overlooking some key differentiators that corporate buyers and suppliers need addressed. There was no technology, big physical storefronts, a heavy inventory burden – that’s what this market is.”

Industry 148

Industry Operations Analysis Innovation 148

PYMNTS

OCTOBER 19, 2020

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque , president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. Making The Change . So, it’s hard to pull it all together.”.

Payments 276

Payments Fintech System Cards 276

PYMNTS

JUNE 13, 2019

Innovators like Streem are bringing remote assistance to traditional service calls (think busted pipe). By giving pros that telepresence to diagnose that busted pipe, they can gain operational efficiencies such as scoping and pricing jobs from afar, thus reducing some of their drive time.”.

Retail 182

Retail Google Tools Video 182

PYMNTS

MAY 8, 2018

Frisco is recognized as a leader in using ‘smart,’ innovative traffic technologies,” said Frisco Mayor Jeff Cheney in the press release. Today definitely marks a mobility milestone for our entire region. It marks the first time self-driving cars will be on the public roads of Texas, noted the company.

Texas 129

Texas California Regional Innovation 129

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. “I Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

FEBRUARY 24, 2017

Blockchain technology keeps a high level of detail in its records of all financial transactions made. The hope here is that this type of technology will lessen the chances of the distribution of misinformation or manipulated information. As with any technology, there are certain strengths and weaknesses.

blockchain 184

blockchain Industry Technology Security 184

Bank Innovation

JUNE 28, 2017

We are looking at it, a lot of customers have been interested and are requesting the feature [like this reedit user], so it’s definitely something we are taking a look at,” he said today during the Future of […].

Operations 268

Operations cryptocurrency Technology Fintech 268

PYMNTS

JANUARY 7, 2020

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. India, of course, has said financial firms cannot provide such services, and China has banned the operation of domestic exchanges. In other words: Blockchain is seemingly in the mix; cryptos are not.

cryptocurrency 132

cryptocurrency Bitcoin blockchain Course 132

CFPB Monitor

FEBRUARY 20, 2019

The Advisory Panel was formed in 2017 to identify actionable steps for improving state licensing, regulation, and non-depository supervision and for supporting innovation in financial services. It has 33 fintech company members that engage with the CSBS Emerging Payments and Innovation Task Force and other state regulators.

Fintech 68

Fintech Conference Survey Regulation 68

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. B2B payment technologies that seek to address the small business customer must be able to “decouple” buyer and seller payment preferences.

Payments 154

Payments Tools Cards Technology 154

PYMNTS

FEBRUARY 25, 2019

As regulators overseeing non-banks, our goals are clear: Ensure the safety and soundness of the financial system, protect consumers and streamline the multistate experience,” said Mark Quandahl, chairman of the CSBS Emerging Payments & Innovation Task Force, in a statement.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

SEPTEMBER 25, 2018

A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. There are signs, too, that commercial banks have been using FinTech credit innovations to boost their own efficiencies.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. It’s another example of trucking and logistics regulation affecting accounts receivable and payable operations in the sector. “There’s definitely a market out there.

Industry 158

Industry Tools Regulation Management 158

PYMNTS

SEPTEMBER 29, 2017

As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house. Managing liquidity and credit risk are definitely of main concern to FIs.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

OCTOBER 14, 2019

Parking has remained a nightmarish endeavor for modern drivers, even as technology has developed to help them find sought-after spaces. Keeping pace with parking payments and innovation. Competitor ParkStash is searching for seed funding to expand operations, while SpotHero has closed rounds geared toward launches in new locations.

New York City 121

New York City New York Innovation Chicago 121

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “It really minimizes the disruption.”

Payments 169

Payments System Technology Data 169

PYMNTS

MAY 7, 2020

Kindred Group operates the online casino and sportsbook service Unibet. Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. This definitely would be extremely good and also extremely safe for U.S. in the next year.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere. What B2B Businesses Need.

Mobile 141

Mobile Payments Data Technology 141