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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.

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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.

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PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". In China, of course , Ant Group is reportedly being told to switch focus back to payments business.

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PYMNTS

AUGUST 13, 2019

last year, according to the National Retail Federation , a trade group. Even so, the trade group said that “with fewer families surveyed saying they have children in grades K-12, spending is expected to total $26.2 Retail back-to-school spending for families will hit an average of $696.70 this year, up from $684.79

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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.

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PYMNTS

NOVEMBER 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company , a press release says. With the investment, Hippo will be able to keep expanding its online home insurance business across the U.S., a national property and casualty insurer. billion at that time.

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Bank Innovation

NOVEMBER 23, 2016

Banco Santander has also dropped out of the R3 CEV Blockchain Group. This news follows yesterday’s news that Goldman Sachs, one of the group’s original founders, chose not to renew its membership or invest further in the consortium.

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PYMNTS

SEPTEMBER 18, 2020

The Payments Innovation Alliance, a membership group that includes financial institutions (FIs) and payment providers, has released “ Voice Payments: An Introduction and Overview ,” designed to deliver information on conversational payments and enabling technologies, including voice assistants and smart speakers.

Payments 220

Payments Exercises Resources Fraud 220

Bank Innovation

APRIL 25, 2018

EXCLUSIVE— Millennial and Gen Z-focused credit card provider Deserve has raised $50 million from the Keystone National Group, funding earmarked for the startup’s expansion of account receivables, the company announced today.

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PYMNTS

AUGUST 11, 2020

“Fraud prevention solutions need to address the most common types of insurance fraud, like bots that submit illegitimate bulk quotes to open fake policies by using consumer information” that is purchased or stolen, Jay Sarzen, senior analyst, Aite Group, said in the announcement.

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PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Denmark’s NETS RealTime 24/7 initiative launched in 2014 and offers near real-time settlement of transactions — including P2P, mobile, online and credit transfer payments, as well as B2B payments.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

JANUARY 9, 2020

The company also had record online sales over Black Friday in the U.S. It also noted that Walgreens and Kroger created group purchasing organization and grew their work together with a new joint venture looking to offer cost savings, as well as other benefits, across owned brand sourcing. as well as the U.K.,

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PYMNTS

FEBRUARY 6, 2020

5) hearing before the House Financial Services Committee , representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending. In terms of general practice, lenders, including those that operate online, must partner with chartered banks.). At a Wednesday (Feb.

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PYMNTS

NOVEMBER 28, 2018

27), Deskera received the funding from Jungle, as well as Cisco Investments, Tembusu Partners, Susquehanna International Group and InnoVen Capital. “It exists as an online B2B marketplace for [SMBs], powered by Deskera’s leading inventory management technology.” According to The Business Times on Tuesday (Nov.

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Fintech Management Innovation Resources 139

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. We have formed a working group of state regulators to develop the model. Our FinTech industry advisory panel did include a few community banks.

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PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

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Community Retail Strategy National 269

PYMNTS

JANUARY 21, 2020

JPMorgan has created a $100 billion funding arm to expand investments in emerging markets and help the United Nations meet its sustainable development goals. Mastercard on Helping Retailers Strike the Right Innovation Balance. Group Effort for Central Banks and Digital Currencies? JPMorgan Creates $100B Funding Arm to Help UN.

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Retail Groups Payments Innovation 130

PYMNTS

OCTOBER 21, 2020

In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Data 317

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PYMNTS

JANUARY 7, 2019

fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. The card will support currencies from Australia, Japan and the U.S., 7) that they have completed their merger. ”

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PYMNTS

OCTOBER 11, 2019

Five Dutch banks recently formed a group to protect their systems against money launderers, but only after three of them shook off fines and anti-money laundering (AML) strategy investigations. AML Strategies and Innovation Quirks. Mobile, online and phone channels all have distinct fraud challenges and customer needs, after all. “We

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Strategy Innovation Fraud Security 123

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

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Boston Security System Cards 177

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JANUARY 12, 2020

The overhaul comes amid the mass-closing of malls and shoppers starting to prefer the ease of shopping online. A study by industry advocacy group National Association of Convenience Stores showed that convenience store sales are up by around 30 percent over the past decade, and the number of stores has grown by around 28 percent since 2000.

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Perficient

JULY 11, 2022

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system.

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PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. And since iPhone users skew more to the affluent, it also denied those innovators the opportunity to monetize their spend. 23-25, 2020.

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Apple Study Innovation Survey 227

PYMNTS

MAY 23, 2017

Phillips Edison & Company , a fully integrated real estate firm with a national platform of grocery-anchored shopping centers, released its industry insights on trending themes for retail shopping centers this week at ICSC’s RECon event in Las Vegas. It’s a pivotal time for the industry and we feel lucky to be a part of its evolution.”.

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Trends Las Vegas Retail National 134

PYMNTS

DECEMBER 7, 2020

“Millions of people share creative content or advertise their small business’ goods online,” the British government said in a press release. The levy would take the place of the current “honor system” through which residents are supposed to provide their fair portion of local and federal taxes on any merchandise or service they buy online.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

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Fintech New York US National 166

PYMNTS

NOVEMBER 14, 2019

The Uber of furniture ,” P2P closet-sharing and crowdshipping all certainly sound innovative. There’s a lot of competition to capture the $6 trillion in online payments for U.S. Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. Cash Is Still King for Many.

Payments 124

Payments United States Online Google 124

PYMNTS

NOVEMBER 26, 2020

Turkey didn’t become standard fare on the Thanksgiving table for over another 200 years when Abraham Lincoln officially declared it a national holiday in the 1860s. A Banner Year For Buying A Turkey, Especially Online . The only outlier in the group seems to be stuffing, which, for some reason, is slightly up in price.

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PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. In one of Accenture’ s recent studies, it further compounded Gen Z’s interest in online commerce interests.

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social media Millennials Retail Study 120

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. WHSmith is excited to launch Mastercard’s innovative new payment method, Pay by Bank app.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

JANUARY 4, 2019

Among the biggest banks in the country, amid the push toward instant payments, are OTP Bank, Belgian KBC Groep and Austrian Erste Group Bank. Verdict also noted that the service is the first Automated Clearing House (ACH) under the central bank’s National Retail Payment System.

Payments 169

Payments blockchain System National 169

PYMNTS

JANUARY 10, 2020

Such systems promote increased collaboration between creators, which in turn leads to faster innovations as well as original and unique solutions. The project intends to make 40 percent of the government’s services available online by the end of 2020 and will be compatible with eCommerce and electronic payment methods.

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System Software Resources National 147

PYMNTS

JULY 21, 2020

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. Sales rose somewhat in May, but the trade group said many restaurants are still losing money and considering shutting down.

Mobile 143

Mobile Tampa Study Florida 143

PYMNTS

APRIL 15, 2019

Coverage includes the tie-up of Rapyd and OCBC Bank for real-time payments for shoppers in Singapore as well as online retailers. The tie-up taps into Singapore national peer-to-peer funds transfer service PayNow to let clients of the bank use the OCBC Pay Anyone app.

Mobile 108

Mobile Online Retail System 108

PYMNTS

DECEMBER 1, 2017

ManageGo , a New York company that provides payment and maintenance scheduling services online for landlords and tenants, will enable tenants to make rent payments with bitcoin. The company is sending the word out about the cryptocurrency service on a national level.

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Bitcoin cryptocurrency New York National 121

PYMNTS

JANUARY 30, 2019

The system integrates payment processing with a point of sale (POS) for merchants operating online and in physical stores. In Asia, Central JD Fintech is introducing an offering called Dolfin Wallet to help power a move to a cashless society, which is an effort involving Kasikornbank and Bangkok Bank, The Nation reported.

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System Fintech United States Big Data 122