PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent to higher than that of large FIs.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

JANUARY 22, 2019

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. On Tuesday (Jan. On Tuesday (Jan.

Fintech 194

Fintech Apple User Experience Examples 194

PYMNTS

JANUARY 17, 2018

The traditional strategy of handing an employee a corporate card, hoping they make responsible purchases and depending on accurate expense reports has evolved into a market that embraces automation, artificial intelligence, mobility and an array of card products, from P-cards to virtual numbers.

Fintech 187

Fintech Data Cards Innovation 187

Insights on Business

JULY 17, 2019

In the current complex regulatory environment (see Figure 1), and with growing costs associated with reporting, Know Your Customer (KYC), sanctions and the like, it is important to have effective and user-friendly governance, risk and compliance (GRC) tools that staff will readily adopt and use.

User Experience 79

User Experience Tools Survey Risk Management 79

PYMNTS

NOVEMBER 7, 2017

As evidenced by the Bank Innovation Readiness Index , done in collaboration between the two firms, more than 200 banks and financial institutions are in varying stages of preparedness when it comes to payments innovation. Winitz said that innovation can be disruptive or it can be incremental. Data Point Number One: 64 Percent.

Innovation 108

Innovation Meeting Payments Survey 108

PYMNTS

NOVEMBER 18, 2020

The suite of Mastercard payment solutions aims to enable businesses to save time, reduce costs and manage business expenses in more streamlined ways, with corporate clients able to further access Mastercard's In Control for Commercial Payments , a platform that helps companies add end-to-end virtual payments for an enhanced user experience.

Cards 188

Cards Regional User Experience Payments 188

PYMNTS

OCTOBER 29, 2020

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S. TrueLayer Launches in Australia.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 24, 2019

Financial institutions are constantly on the hunt for an edge when it comes to mobile banking and other innovations, and that’s playing out with new, emerging 5G mobile network technology. As that mobile technology gets closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity.

Mobile 116

Mobile Fintech Technology Analysis 116

PYMNTS

FEBRUARY 19, 2020

PYMNTS’ recent Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments report, a collaboration with Mastercard, found that two-thirds of corporate survey respondents said they are either “very” or “extremely” aware of real-time payments – and even more are interested in using the functionality. .”

Payments 287

Payments Fraud Survey Fintech 287

PYMNTS

AUGUST 1, 2019

billion: Amount of money FinTechs raised globally in 2018, according to Visa’s figures. 52 percent: Share of FIs that will concentrate on user experience over the next three years. 30 percent: Share of American consumers who report having used Mobile Card Services.

User Experience 115

User Experience Course Data Fintech 115

PYMNTS

SEPTEMBER 28, 2017

If FIs want to connect with modern consumers, smartphone solutions also need to feature the latest innovations and slick user experiences. . Now, however, consumer expectations have shifted once again, and modern banking customers are increasingly telling their banks that simply offering a mobile app isn’t enough.

Digital Banking 101

Digital Banking Report Mobile User Experience 101

PYMNTS

MARCH 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

APRIL 12, 2018

A surge in FinTech innovation, new industry players and the embrace of cutting-edge technologies – like artificial intelligence and mobile payments – positions the T&E market as an example of how B2B payments can, in fact, be innovative. The corporate travel and expense management space is a bit of a conundrum.

Innovation 101

Innovation User Experience Management Policies 101

PYMNTS

JULY 30, 2019

may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. The market as a whole can benefit from the competition and innovation that open banking will provide to the industry.”. Europe, U.S. Finding Financial Inclusion.

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

AUGUST 4, 2020

When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids for consumers. ” Looking Ahead.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

APRIL 14, 2020

As AP and AR innovation progresses, FinTechs are also exploring how integrating AP and AR between buyer and supplier can elevate efficiencies and savings even further. “Unless someone brings a 10-times-better user experience to both sides of the transaction, it’s not going to improve,” said Louisy.

Payments 195

Payments User Experience Operations Technology 195

PYMNTS

JANUARY 8, 2021

Taken across 70 indicators to measure the quality of customer experiences through checkout, a score increase reflects an improved user experience for consumers that leads to more seamless conversions. SMBS Outpaced Top Retailers When It Came To Innovation Adoption . The year 2020 saw the overall index score rise by 2.2

Retail 261

Retail Online Mobile Customer Experience 261

PYMNTS

MAY 30, 2018

Jing’s only stipulation around these partnerships was that they must meet a level of innovation sufficient to deliver value to end users — providing secure, convenient and efficient financial services for business customers, and driving improvements for consumers in online and offline payment service environments. FinTech Kabbage.

Risk Management 100

Risk Management Fintech User Experience Management 100

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. A recent report from J.D. “Business credit card issuers are doing a great job with relationship-building, getting the formula right on dedicated account management, customized reporting and digital tools.

Cards 101

Cards Innovation Tools Study 101

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I In the U.K.,

Risk Management 134

Risk Management Survey Management Fintech 134

Insights on Business

JULY 20, 2018

IBM RegTech Innovations. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. OpenPages is one of 16 vendors evaluated in Gartner’s report, and is positioned the furthest for “Completeness of Vision.” Wheeler, Jie Zhang, Earl Perkins.

Risk Management 96

Risk Management Management Compliance New York City 96

Insights on Business

JULY 18, 2018

IBM RegTech Innovations. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. OpenPages is one of 16 vendors evaluated in Gartner’s report, and ranks highest of the leaders in “Completeness of Vision.”

Risk Management 70

Risk Management Compliance New York City Innovation 70

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. Businesses of all sizes rely on their banks to provide secure, innovative billing and payment services,” Transactis Chairman and CEO Joe Proto said in a statement at the time. “We

Capital 100

Capital Security Software User Experience 100

PYMNTS

OCTOBER 2, 2018

Wily sorts, who go with the flow of innovation and see the sea changes inherent in payments. When crime is successful, when the gains are ill-gotten, as many as 41 percent of firms do not report that they’ve been victimized. Optimizing The User Experience. The bad guys and gals? Call it a vicious cycle, perhaps.

Fraud 149

Fraud Course System Big Data 149

PYMNTS

FEBRUARY 7, 2020

We have deep dives into eCommerce checkout features, as well as a report on Visa interchange rates and Gaana ’s music service in India. Report: Visa Eyes Biggest Interchange Fee Revamp In A Decade. Trackers and Reports. NEW REPORT: Merchants Up Their Digital Checkout Game In The Age Of Amazon .

Google 123

Google Retail United States Online 123

Fintech Labs Insights

APRIL 4, 2017

Guest post by Theodora Lau, Director of enterprise strategy and innovation at AARP, a sponsor of FinovateSpring 2017. Many of these consumers are financially exposed and ill-prepared in three critical areas where financial innovators can have a transformative impact: Financial fitness. Much is at stake. Healthcare emergencies.

Innovation 15

Innovation CA User Experience Meeting 15

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Equity Venture Partners also participated, according to SmartCompany reports, which said Hnry plans to deploy the investment to accelerate its hiring activity. said this week.

Payments 149

Payments Capital Taxes Lending 149

Gonzobanker

JULY 6, 2021

As information technology departments move from being the provider of all technology services to orchestrator of technology innovation, chief information officers are rightfully asking, “How do we reinvent ourselves in this digital age when we’re saddled with legacy tech debt of 30-year-old, difficult-to-integrate, flat-file-based core systems?”.

Strategy 158

Strategy System Risk Management Technology 158

Fintech Labs Insights

APRIL 11, 2017

Guest post by Theodora Lau, Director of Enterprise Strategy and Innovation at AARP, a sponsor of FinovateSpring 2017. Update: Check out a copy of AARP’s April 2017 Financial Innovation Frontiers report online. To win over this market, innovators need to: Remove friction from the user experience.

Fintech 18

Fintech Innovation CA User Experience 18

Insights on Business

JUNE 14, 2018

Here are a few examples of how digital reinvention is being used by banks today: A bank in North America is using digital reinvention to improve its customer rewards program by using blockchain technology to give customers real-time data about their rewards account and a much better user experience. Footnotes: Macknight, Joy.

Customer Experience 115

Customer Experience cryptocurrency Technology blockchain 115

Insights on Business

FEBRUARY 13, 2019

Firms are looking for GRC solutions that are accurate in their risk reporting, flexible in adapting to regulatory change, and easy enough to use so that they can be deployed to large numbers of users without extensive training. How a reimagined user experience in IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

PYMNTS

JANUARY 31, 2018

Slack has made a user experience that is easy … to integrate other products and services into their platform” with one-click integration sans specialist knowledge. They need to be able to report on the status of the business and, of course, have access to the data that will make reporting holistic and regular.

Management 116

Management Data social media System 116

CB Insights

MARCH 8, 2018

Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. We define challenger banks as fintech companies leveraging technology and software to digitize and streamline retail banking. First Name. customers since 2014.

Retail 78

Retail Digital Banking Fintech Regulation 78