Bank Innovation

JULY 19, 2017

Pittsburgh-based PNC Financial Services Group is making a significant digital push this quarter, and highlighted a number of areas this is benefiting the bank’s consumer business. But the most significant revelation from the company’s earnings call yesterday may be that digital banking allows any bank to become national.

National 302

National Digital Banking Groups Company 302

PYMNTS

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. ” That global reach also had the CU prioritizing global payments innovation from the get-go. As the U.S.

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

JUNE 10, 2020

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

Groups 141

Groups Retail Strategy National 141

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. Nacha Adopts Eight ACH Payment Updates.

Innovation 241

Innovation Cards Payments Technology 241

PYMNTS

SEPTEMBER 16, 2019

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion. The projected share of U.S.

Innovation 192

Innovation Mobile Groups Indiana 192

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

Groups 78

Groups Minneapolis National Lending 78

PYMNTS

DECEMBER 10, 2019

The world of quick service restaurants (QSRs) is where it’s at when it comes to so much retail innovation these days. That’s hardly it when it comes to recent innovation in this space. Uber has introduced a group ordering option, the company said in a blog post. Loyalty Innovation. Domino’s stores across the U.S.

Innovation 131

Innovation Retail San Diego Phoenix 131

PYMNTS

JUNE 23, 2017

Created in 2017, the API Standardization Industry Group has begun developing an application program interface (API) standardization “playbook” to help enhance support for payments and the business needs of financial institutions, companies, FinTechs and other industry stakeholders and participants.

Meeting 187

Meeting Groups Industry Report 187

PYMNTS

MARCH 29, 2019

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.

Washington 134

Washington National Google Apple 134

PYMNTS

SEPTEMBER 13, 2019

To enable continued innovation and growth in the digital economy, the Business Roundtable is asking Congress to pass a comprehensive consumer data privacy law that establishes a national privacy framework and strengthens protections for consumers. to come up with a national privacy law had hit a wall. companies.

National 129

National Compliance Data Regulation 129

PYMNTS

MARCH 17, 2020

Credit union (CU) members are known for loyalty to these financial affinity groups, but that loyalty is being tested. The 2020 Credit Union Innovation Index , conducted in partnership with PSCU , found that over 20 percent of members would drop their current CU over lack of innovation. percent to 21.9 Competitive Threats.

Innovation 159

Innovation Study Operations Examples 159

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. 21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). As for what may be underpinning a group effort …. But as reported Tuesday (Jan.

Groups 142

Groups cryptocurrency National Study 142

PYMNTS

FEBRUARY 28, 2019

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. The tool deploys blockchain technology to enhance the movement of information via banks’ existing infrastructures.

Groups 109

Groups Innovation Fintech Industry 109

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

National 122

National Innovation Customer Experience Payments 122

PYMNTS

MARCH 3, 2020

Whether embracing development and adoption of new payment rails or developing solutions for legacy versions, the latest in payments innovation is all about speed – even for corporate payments. New research from Mercator Advisory Group predicts B2B payments will become the largest payment segment in the U.S. Finance reported last week.

Innovation 130

Innovation Payments blockchain National 130

Perficient

SEPTEMBER 22, 2020

The association continues to act as a leading voice, educating policymakers and the public on the value these industries provide the nation and the world. They’re proven to be more profitable, innovative, and productive. AFPM was formed over 120 years ago to represent the U.S. refining and petrochemical industries.

Industry 520

Industry Innovation Course National 520

PYMNTS

OCTOBER 7, 2020

In July, news surfaced that Flywire joined forces with China’s global education industry association BOSSA to bring its cross-border payment offerings to additional Chinese students traveling to other nations.

Groups 200

Groups Study Fraud Leadership 200

PYMNTS

NOVEMBER 22, 2018

According to the National Turkey Federation (which really does exist) roughly 85 percent of Americans plan to eat turkey for Thanksgiving. Turkey didn’t become standard fare on the Thanksgiving table until Abraham Lincoln officially declared it a national holiday in the 1860s. The average turkey weighs 16 pounds and costs $22.03.

Innovation 168

Innovation National New York Maine 168

PYMNTS

MARCH 12, 2020

According to The National Development and Reform Commission, by the end of February, more than 60 percent of the country’s logistics companies had returned to work. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. has only a minimal reliance on paper paychecks, with direct deposit via the nation’s Bacs payment service commonplace. Speeding Up Wages.

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. Innovation On The Rise.

National 133

National Training Bitcoin Samsung 133

PYMNTS

JULY 22, 2019

Retail trends and innovation can come from unlikely places, and that seems to be the case now when it comes to pets and CBD, two hot areas of commerce that are intersecting. According to a Brightfield Group study cited by the Bloomberg report, “the CBD market could be worth almost $24 billion in the U.S.

Retail 124

Retail Innovation Industry Study 124

Bank Innovation

JUNE 22, 2016

Among the banks are Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial. San Francisco-based Ripple announced that seven global banks have joined its network to improve their cross-border payments experience. All of the banks tested transferring money Read More.

San Francisco 250

San Francisco Groups blockchain Payments 250

PYMNTS

APRIL 3, 2018

to Ingenico Group ’s Telium Semi-Integrated solution. Ingenico Group has helped KFC U.S. To provide customers with a fast and secure payment solution no matter where they pay, KFC uses a mix of Ingenico Group’s iSC250 and iPP350 smart terminals at the counter and iPP350 smart terminals for its drive-thrus.

Groups 101

Groups Payments Kentucky Customer Experience 101

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts. The greatest concern is whether the U.S.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

JULY 4, 2017

Hackers are on the lookout for new ways to attack, and now it looks like developing nations may be a favored conduit. Looking for new hotbeds of innovative malfeasance? As noted by The New York Times , some sophisticated attacks are surfacing, and they show bells and whistles such as artificial intelligence.

National 112

National United States New York Study 112

PYMNTS

DECEMBER 4, 2020

according to CryptoNews, citing data from The Havana Consulting Group and Tech. The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement.

cryptocurrency 152

cryptocurrency Bitcoin National US 152

PYMNTS

NOVEMBER 30, 2020

The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” Census Bureau data, restaurant sales began to decline in October as cooling temperatures and rising case counts depressed demand that had been slowly returning.

Innovation 150

Innovation United States Cards Study 150

PYMNTS

MARCH 3, 2017

Mastercard is collaborating with Startup Canada to promote startup innovation in the country, the firms announced Thursday (Mar. Startup Canada, a group supporting the nation’s 2.3 Startup Canada, a group supporting the nation’s 2.3

Innovation 100

Innovation Community Training Resources 100

Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. And our team of industry experts is excited to connect, collaborate, and address the most pressing business needs of national and regional carriers. What Matters Most to Insurers in 2023?

Conference 221

Conference Strategy Innovation Industry 221

Bobsguide

FEBRUARY 22, 2022

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. TCS BaNCS will enable BDB to launch new innovative products faster.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

MAY 8, 2020

The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. A recent poll shows that 90 percent of small businesses have been negatively impacted by COVID-19.

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. The benefits of financial innovation are only realized when they are delivered responsibly, in a way that does right by customers,” the bankers wrote.

Regulation 349

Regulation National System Industry 349

American Banker

JANUARY 4, 2017

Wells Fargo's innovation group has appointed Peggy Mangot for the newly created position of senior vice president of its design and delivery leadership team.

Groups 70

Groups Innovation Leadership Fintech 70

PYMNTS

AUGUST 7, 2019

Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). If perhaps a bit more slowly.

Innovation 142

Innovation Metro Retail Online 142

PYMNTS

APRIL 24, 2017

Kicking off this week’s grocery tracker, Whole Foods Market (WFM) shares hit their highest level seen since the summer of 2015 as activist investor Jana Partners puts the squeeze on innovation and pressures the organic grocer towards a possible sale. Recovery has been slow for the national grocer since prices fell in February.

National 108

National Retail Branding Course 108

PYMNTS

DECEMBER 6, 2017

In short, customers want innovation, but restaurants, largely, aren’t giving it to them. The Index’s inaugural edition explores why companies in the $230 billion QSR space struggle to innovate, and how they can change that reputation. According to PYMNTS research, most brands in the QSR space are losing the innovation race.

Innovation 120

Innovation Study St. Louis Google 120