PYMNTS

APRIL 27, 2020

But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. Some companies have been trying to bring retailers into the new world of “necessary” location-based app technology for mobile retailing.

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Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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PYMNTS

DECEMBER 1, 2019

Lenders are hoping to stave off mobile competition by expanding retail banking. FinTech is helping to transform daily consumer life in Nigeria and other developing markets. FairMoney , a consumer micro-lending technology company that operates in Nigeria, raised $11 million in September in a Series A round.

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Fintech Mobile Examples Policies 254

PYMNTS

JANUARY 24, 2020

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. Flutterwave.

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PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. The $13 million raised for U.K. The company will deploy the funding to focus on product development, engineering and global expansion. ClearMetal.

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PYMNTS

JANUARY 20, 2020

An idea that may get a splash of cold water is that the development of a digital fiat (at least, in Australia) would lead to a groundswell of payments at the retail point of sale — in other words, through a boost in use cases. What It Won’t Do. There are inherent risks, too.

Retail 219

Retail Payments Bitcoin Policies 219

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

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Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

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Operations Innovation Management Risk Management 138

PYMNTS

DECEMBER 17, 2019

Separate research indicates that 51 percent of holiday shoppers will hold their FIs, payment processors and retailers responsible if they experience fraud. The Technology Gap That Fosters Fraudsters. The unfortunate truth is that fraudsters also rely on technological prowess to launch attacks against challenger FIs.

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Technology Fraud Data Security 142

Bank Innovation

JULY 2, 2018

It’s no secret distributed ledger technologies (DLT) have been front-of-mind for financial institutions examining solutions to existing problems in institutional and retail banking. Blockchain has been the inspiration for solutions like […].

Technology 170

Technology blockchain Innovation Capital 170

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.

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PYMNTS

NOVEMBER 19, 2018

During the holiday shopping season, countless consumers will use digital payments and commerce technology to buy gifts from distant companies — some overseas, some just in neighboring time zones — and have them shipped seamlessly to their destinations. The new Retail Innovation Readiness Index from PYMNTS, powered by AEVI, found that 65.4

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Retail Innovation Comparison Training 177

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. Innovation is expensive.

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Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart. Innovation is expensive.

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Innovation Technology Google Compliance 150

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

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Data Fintech Cards Software 161

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. million in new funding for its technology targeting small businesses in the U.K. The company targets informal retailers to connect sellers to vendors both locally and around the world. Digital Risks.

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Fintech Capital Lending Report 175

Perficient

FEBRUARY 27, 2023

During the Summit, we’ll seek to socialize and discuss how the adoption of real-time payments services like FedNow and RTP in the US will bring a new dimension of change for banks, fintechs, retailers, large corporations, and other stakeholders. Ultimately, change equals risk.

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North Carolina Charlotte Payments US 275

PYMNTS

JANUARY 30, 2019

In addition, Central JD Fintech is introducing the Dolfin wallet in Asia , and AMS Public Transport Holdings Limited along with AlipayHK is launching a minibus mobile payment system also in Asia. The system integrates payment processing with a point of sale (POS) for merchants operating online and in physical stores.

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System Fintech United States Big Data 122

PYMNTS

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. Such vigilant security means FinTechs must vet new customers and continually review existing ones for changes in their money laundering risk, he said.

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Security Fintech Data Fraud 174

PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. Core banking technology provider Modularbank , based in Estonia, has secured $4.85 Procurement Partners. Modularbank. the company said. Fairmarkit.

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Fintech Capital Resources Technology 193

Bank Innovation

AUGUST 3, 2018

Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined.

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Fintech Technology Report Company 186

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Retailers that sell alcohol must be able to understand exactly which products they have in stock, and which products are generating the most revenue for the business. Managing The Invoice.

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Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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Fintech blockchain Fraud United States 129

PYMNTS

JUNE 7, 2018

To that end, collaborative efforts between banks and FinTechs are on the rise, where joint programs seek to hasten the availability of technology that dovetails with open banking. The company has invited FinTechs and other entities, including “established players,” to work with Deutsche.

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Fintech Comparison Innovation Analytics 186

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? Trust in Banks.

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Insights on Business

JULY 11, 2018

Technological innovation is a reality that is impacting every facet of society. Technological innovation is a reality that is impacting every facet of society. No area of human endeavour from retail, to transportation, to banking has not seen some form of disruptive technology replace the long-established modus operandi.

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Technology Innovation Operations Compliance 185

PYMNTS

NOVEMBER 8, 2019

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. A remote operator monitored them and could step in if needed.) The pop-up shops will be in the pharmacy chain’s retail locations in 44 states starting this Friday and through the end of December.

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Bank Innovation

MARCH 25, 2019

million from its shareholders to continue growing and investing in technology this year, Banesco USA entered into an agreement recently with Silicon Valley-based accelerator Plug and Play Fintech. Working with $11.9 The Coral Gables, Fla.-based President and CEO Jorge […].

Fintech 186

Fintech Community Bank Community Technology 186

PYMNTS

JANUARY 15, 2020

European wealth management FinTech Raisin is planning to roll out in the U.S. Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. This new technological solution means helping U.S. platform,” said Raisin U.S. CEO Paul Knodel.

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Fintech US Software Retail 131

Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

Fintech 150

Fintech Financial Technology Trends Technology 150

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

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Fraud Technology social media Innovation 52

Bank Innovation

APRIL 4, 2019

Jamie Dimon recently sent some of his executives to China to scope out the competition in the financial-technology race. It’s hard not to be both impressed and a little worried about the progress China has made” with artificial intelligence and fintech, Dimon, chief executive officer of […].

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Fintech Financial Technology Technology Operations 150

PYMNTS

JANUARY 17, 2018

While this industry is largely reliant on corporates’ adoption of innovative technology, it is also instrumental to getting issuing banks in on the movement. According to the executive, the key is to work “with banks, not against them” – a sentiment that has become a mantra for many in the FinTech market.

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Fintech Data Cards Innovation 187

Bank Innovation

JUNE 8, 2018

PREMIUM - When was the last time you went to your bank branch to deposit money? Still thinking? That's because most of the daily banking activity has shifted from branches to the smartphone. But that's not to say people don’t use bank branches at all. They do, but not for the same reasons as they […].

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Technology Samsung Operations America 291

Bank Innovation

APRIL 5, 2019

With more bank-fintech partnerships, the acceptance of technological change within the C-suite, and an increasing number of entry points connecting banks to new businesses, it's no surprise that these topics resonated with readers in March. Citi Venture Investing […].

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Fintech Innovation Technology Operations 170

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. INDUS said it will move forward with the new capital to focus on expansion and expand its staff. Cloud Elements. The firm announced $3.9

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Fintech Capital Security Fraud 188

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

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Retail Online Customer Experience Trends 123