Bank Innovation

SEPTEMBER 28, 2018

One of the largest retail banks in America has a simple yet multifaceted innovation strategy. Bank Executive Vice President, Chief Innovation Officer, Dominic Venturo, on which direction the bank is headed, digitally. Bank Innovation spoke with U.S The conversation below has been edited for brevity and clarity.

Digital Strategies 150

Digital Strategies Innovation Strategy Innovation Strategies 150

PYMNTS

JUNE 8, 2020

B2B payments technologies can be seamlessly integrated into businesses’ existing back offices with minimal disruption, and it’s an achievement that has not only opened the door for smaller firms to adopt technology, but has led more businesses to buy — not build — when developing their digitization strategies.

Payments 159

Payments Community Tools Digital Strategies 159

PYMNTS

JUNE 26, 2020

But as difficult a time as it’s been, it’s not utterly devoid of good news or silver linings, Amol Helekar , principal at investment firm TCV , told Karen Webster during the latest This Week In Payments conversation. But for many of them, this has also been an opportunity for them to really develop their digital strategies.

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Payments Software Trends Digital Marketing Channels 176

PYMNTS

MAY 27, 2020

But while there are many tools at entrepreneurs’ disposal to make the shift, it can still be difficult to draw the most logical and frictionless roadmap to business model digitization that will alter the course of many small businesses’ futures long after the pandemic. ” A Digitization Strategy. .

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Online Payments User Experience How To 179

PYMNTS

OCTOBER 22, 2020

In today’s top news in digital-first banking, Unifimoney is joining forces with Nium for real-time money transfers, while Volante Technologies has landed Grupo Financiero Banorte as a new client to modernize cross-border payments. Volante Lands Deal to Modernize Banorte’s Cross-Border Payments Systems.

Digital Strategies 153

Digital Strategies Technology System Strategy 153

PYMNTS

APRIL 16, 2019

Now, as Notre Dame Cathedral in Paris continues to smolder from the catastrophic blaze on Monday (April 15), there is a good chance future Parisians and French citizens will remember the digital gifts toward restoration now starting to pour in from around the world. Cashless payments are popular in the U.K.,

Payments 182

Payments Chicago Strategy Digital Strategies 182

PYMNTS

AUGUST 1, 2016

Enter intelligent Payment Security. These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage. – What the experts are saying about digital strategies, focus areas, and best practices.

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CA Security Payments Cyber Security 100

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We A survey by EHI Retail Institute showed that last year, card payments made up 48.6 Supervisors don’t like moving targets.”.

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

PYMNTS

APRIL 14, 2017

Technology underpins everything these days. Ever more so this is the case with payments and specifically the conduits that get payments from party A to party B. The big question: Can the existing payment rails support the innovation that is needed? This allows for innovation to be done on top of the ACH rails. “To

Payments 105

Payments United States Innovation System 105

PYMNTS

MAY 12, 2020

The surge crippled state labor department websites, made phone lines unreachable and delayed unemployment payments as some dealt with obsolete computer systems. In addition, Google is using its cloud technology to upgrade the state agencies’ website capacities and automate the claim-filing process, he added.

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Rhode Island Google Kansas Illinois 187

PYMNTS

DECEMBER 9, 2020

IKB's expertise in the field of public program loans is also very beneficial for the further technological enhancement of our platform," she said, according to the release. Teaming up with Hypoport Group, a highly respected technology player, constitutes a core element of our digitization strategy," he continued, according to the release.

Lending 190

Lending Digital Strategies America Strategy 190

Perficient

DECEMBER 2, 2020

Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. We were prepping for our webinar, “ Digital Strategy Lessons Financial Institutions Can Learn From Top Brands in Other Industries ,” which we’re co-hosting with him on December 8th.

Data 294

Data Customer Experience Case Study Branding 294

PYMNTS

NOVEMBER 12, 2019

AP automation is a popular target of corporates’ digitization strategies today, and according to new data released last week, researchers expect this industry to flourish at a compound annual growth rate of 11 percent between 2019 and 2024 — hitting a $3.1 billion valuation. Vendors Key to Billtrust’s BPN Adoption.

Innovation 124

Innovation Digital Strategies Payments Tools 124

Payments Source

MARCH 7, 2016

Spanish bank BBVA has acquired Finnish startup Holvi, a licensed payment company specializing in developing digital accounts for small business owners.

Digital Strategies 60

Digital Strategies Strategy Payments Company 60

PYMNTS

SEPTEMBER 2, 2020

Snider said consumers have many such transaction needs, which is why CO-OP increasingly believes that payments innovation is the path to achieving a primary financial relationship with members. “We Because no matter where members are in their life stage, [they require] a way to make payments to meet their lifestyle — their everyday needs.”.

Payments 223

Payments Innovation Meeting Digital Strategies 223

PYMNTS

JANUARY 2, 2020

Those features and functions might be authentication, payments, security, card controls or a host of other contexts, she said, depending on what specific set of customer wants must be addressed. . APIs have been around for years and you really have to think about them in terms of your overall digital strategy,” she said. “It

Innovation 142

Innovation Digital Strategies Strategy Trends 142

PYMNTS

FEBRUARY 23, 2018

billion in domestic sales — Starbucks is far and away the most successful mobile payments platform in the United States. In fact, as of 2017, mobile payment use represented 30 percent of the brand’s total transactions. . — Starbucks’ $18.4 The Starbucks loyalty program also grew by 11 percent in 2017 and now represents 14.2

Online 101

Online US Payments Mobile 101

PYMNTS

NOVEMBER 21, 2017

Cross-border B2B payments company TransferMate announced news on Monday (Nov. TransferMate also said that AIB will join the company in a strategic partnership to link Irish businesses with international B2B payments services provided by TransferMate. 20) that it secured equity investment from Allied Irish Banks.

Security 108

Security Digital Strategies Customer Experience Payments 108

PYMNTS

JULY 16, 2020

With remote working mandates forcing the enterprise to accelerate its digitization journey, CFOs have elevated their payments modernization roadmaps to the top of their priority lists. “For CFOs in this day and age, it’s all about no-touch payments ,” Anderson said. ” Mixing Payments Tools.

Strategy 171

Strategy Cards Tools Payments 171

PYMNTS

JANUARY 10, 2018

Alkami Technology , a startup providing banks and credit unions with digital banking technologies, has announced new funding. In an era of digital transformation , our clients, who consist of credit unions and banks in the U.S., Alkami offers financial institutions (FIs) a digital banking platform based in the cloud.

Digital Banking 108

Digital Banking Security Digital Strategies Innovation 108

Gonzobanker

JULY 6, 2021

Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision. It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Legacy software stinks, but what’s a banker to do?

Strategy 156

Strategy System Risk Management Technology 156

PYMNTS

JANUARY 21, 2021

But as the pandemic hit home, she said, many CUs have had to take a step back and “double down” on the most important and pressing aspects of their digital strategies. The digital trend, she continued, is one that will last and — and one that CUs will have to adopt in order to compete more effectively with banks.

Analytics 240

Analytics Fraud Trends Mobile 240

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation.

Cards 283

Cards Meeting Mobile Digital Strategies 283

PYMNTS

DECEMBER 22, 2020

It's no secret that restaurants have been hurting since the pandemic caused a seismic, almost-overnight shift in their customer engagement strategies. She explained in an interview with PYMNTS that while digital improvements have always been a priority, they have become a necessity during the past eight months. .

Customer Experience 162

Customer Experience Tools New York Strategy 162

Payments Source

DECEMBER 6, 2018

The advent of this is particularly unwelcome, coming, as it does, at a time when many people not only question the role of a bank after the recent financial crisis and gradual digitization of banking services, but also when their relationship with technology has changed, writes Martijn Moerbeek, director of group digital strategy and innovation at (..)

Digital Strategies 81

Digital Strategies Data Strategy Groups 81

PYMNTS

JULY 24, 2020

On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. ” Combating Risk Through Technology. Procurement teams have a lot on their plate.

Strategy 175

Strategy Resources Digital Strategies Risk Management 175

Perficient

OCTOBER 29, 2020

Quibi also improved on the standard means of delivery, investing in a technology called Turntable to make mobile TV-watching easier. That meant it needed viewers to not only discover its brand, download its app, register and begin watching but also to subscribe at either a $5 or $8 monthly payment level. Score one for Quibi.)

US 294

US social media User Experience Digital Strategies 294

PYMNTS

AUGUST 13, 2020

Technology and consumer demand have been moving payouts toward digital in recent years, and well over half of consumers receiving a payout want an electronic option,” she said. Historically, that’s been challenging for businesses, because it requires the payor to manage multiple payment methods,” she said.

Cards 202

Cards Strategy Digital Strategies Examples 202

Bobsguide

SEPTEMBER 5, 2022

So how can financial services operators build trust in this digital age? One approach is to ensure technology is being utilised to automate simple tasks, allowing bank staff to take on new more complex responsibilities. This means they can make payments, such as pay a utility bill or tax, using these workstations.

Video 97

Video Digital Strategies Digital Banking Security 97

PYMNTS

DECEMBER 28, 2018

Rather, we are changing — and are still in the early stages of a transformation of the payments industry that is gathering speed and far from over. In February, Ingenico announced its Android-based payment platform. Consumers are far ahead of merchants in the adoption of digital technology.

eBook 128

eBook Innovation Industry Digital Strategies 128

PYMNTS

NOVEMBER 20, 2020

The pandemic is also causing a shift in restaurant customers’ preferred ordering and payment methods, with a majority now saying that they prefer to do so remotely rather than with waitstaff. Collaborations between technology and solutions providers can also help QSRs access the latest tools to compete in the digital ordering space.

Mobile 210

Mobile Regional Study Survey 210

PYMNTS

JANUARY 21, 2020

From Chipotle Mexican Grill to DoorDash , quick-service restaurants and technology platforms are making it easier for consumers to order their favorite foods. QSRs are incorporating the technology into their business models. From McDonald’s to DoorDash, restaurants and technology platforms are driving digital ordering innovation.

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Tampa Detroit Philadelphia Technology 134

PYMNTS

DECEMBER 6, 2019

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Top News . operations.

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Millennials Colorado Google Leadership 101

PYMNTS

MAY 5, 2020

For example shipping specialist Optoro announced a strategic partnership this morning with Returnly , which focuses on digital return experiences and post-purchase payments.

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Florida Retail Tampa Customer Experience 205

Bobsguide

AUGUST 7, 2022

The Co-operative Bank also uses Fusion Risk for treasury credit risk management and Finastra’s banking technology for payments services. “By Finastra’s partner Luxoft, a DXC technology company, was selected to manage the end-to-end implementation and services of Finastra Kondor in the cloud.

Operations 68

Operations Strategy Innovation Policies 68

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

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Trends Fraud Digital Banking Strategy 45

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. From 7-Eleven to Chipotle Mexican Grill, retailers are expanding their digital ordering strategy with the help of voice assistant technology.

Retail 139

Retail Strategy United States Comparison 139