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Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

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?

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How Synchrony Financial Is Upgrading Its AML Strategy

PYMNTS

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

One could consider it the “layaway of the digital age,” except unlike with layaway, the consumer does not have to pay in full before taking their purchase home, using the service, obtaining the tickets to an event or destination, etc., which is a huge draw to using BNPL as a non-cash payment method. According to Kristen E.

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Mersch: ECB Will Focus On ‘Game Changer’ Retail CBDC

PYMNTS

Ready to embrace financial technological innovation which has the potential to transform payments and money faster, and in more disruptive ways, than ever before,” he said. Mersch pointed out that central banks are focused on wholesale CBDCs because retail could rattle the entire global financial system.

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Can Moscow Overcome A Tarnished Tech Reputation?

PYMNTS

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. The country has the largest online market in Europe, with an estimated 66 million Russians accessing the internet. Changing The Approach To Innovation.

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Customer Experience in Financial Services

Celent Banking

As an analyst currently immersed in research on corporate banking financial performance, regulatory environment, economic conditions, business demographics, and financial technology, the CXFS event was a welcome change of scenery. This enables firms to mine and analyze the data to inform customer-centric innovation.

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Tech Center: Dubai Takes A Front Row Seat To FinTech Growth

PYMNTS

Dubai is considered to be a hotbed for financial technology and innovation, not just in the Middle East but globally. David Horton, head of innovation at Synechron , told PYMNTS that, as a thriving FinTech center, Dubai is easily giving cities like London, New York and Singapore a run for their money.

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