PYMNTS

MARCH 12, 2020

The uncertainty injected into the market, as Ning Wang, co-founder and chief business officer at PingPong , told Karen Webster in a recent conversation, is having undeniable effects worldwide – which are not likely to wear off anytime soon. An Opportunity for Innovation .

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PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). In other words, PepsiCo Inc.

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PYMNTS

AUGUST 31, 2017

With initiatives like the Faster Payments Task Force and the Secure Payments Task Force, the Fed is pushing for innovation and progress in the nation’s payments infrastructure and market. This month the Federal Reserve named Dave Sapenaro , its current first vice president and chief operating officer at the Federal Reserve Bank of St.

Innovation 162

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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PYMNTS

MARCH 21, 2019

It’s one thing to want to improve or innovate. What’s harder — and what really makes the difference — is figuring how, where and when to innovate, a task that must take into account various factors and even wildcards that keep popping up in the growing and global digital economy and its various ecosystems. B2B Payments.

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Independent Banker

FEBRUARY 28, 2023

But beyond its analysis to help you in your product journey, data can help transform your marketing efforts, offering insights into customer interests and behaviors to better align your offerings with their expectations. Data analysis and performance marketing do not have to be in-house skillsets. The results?

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Perficient

OCTOBER 20, 2020

Intelligent Fulfillment Boosts Customer Service And Return On Inventory Investment or check out our recent webinar, How to Drive Better Customer Service With Intelligent Order Management. To learn more about the statistics behind these automated systems, download our commissioned study from Forrester Consulting, Get Supply Chain Right!

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PYMNTS

OCTOBER 18, 2017

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

Innovation 140

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Bank Innovation

MARCH 7, 2019

Before Citizens Financial Group launched its digital-only banking unit, Citizens Access, last July, a team of bankers spent months intensely analyzing how customers might interact with a digital bank with no physical presence versus a traditional bank with a large network of branches.

Branding 170

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PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue.

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PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. That focus has only grown amid the takeout- and delivery-only operational shifts due to COVID-19-related social-distancing efforts. Details gleaned online — including menus and reviews — carry a lot of weight when consumers are deciding where to dine.

Operations 156

Operations social media Online Survey 156

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. Deep Dive: Helping Businesses Navigate A Digital B2B Future.

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PYMNTS

APRIL 22, 2020

It’s also opened up conversations about how professionals get paid. While there has been some innovation in wage payment mechanisms as more employers shift away from the paper check toward direct deposit and payroll cards, little has changed about the timing of those payments. ACH Innovation Breaks The Mold.

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Independent Banker

AUGUST 31, 2021

How do you navigate the constant churn of innovations or disruptors? A barrage of new payments potential has shaped the market since the start of the pandemic. That’s when experts recommend assembling an internal team to evaluate customer feedback and provide input on new innovations. By Colleen Morrison. Faster payments.

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PYMNTS

DECEMBER 11, 2019

The nearly universal need for medication and other remedies is driving retail innovation via the pharmacy sector — and that includes the area of customer experience. A study from The American Journal of Medicine indicates that market pressures in the industry are pulling doctors away from primary care and into sub-specialties.

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PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

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PYMNTS

JANUARY 24, 2018

Vocalink, of course, provides and operates the central payments processing infrastructures that power the U.K. We are going through that [with] Mastercard, as we’re investing a lot in our own agility,” he said, noting that, industry-wide, “we are not just talking about product innovation; we are talking about process innovation.”.

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PYMNTS

DECEMBER 5, 2018

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. The outlet also noted that the retailer was seeking to build an “operating system” for retail with its Store of The Future.)

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Independent Banker

AUGUST 31, 2022

Often, innovation and creativity soar when we allow employees to be curious and explore new ways of thinking.”. Power skills allow bank teams to add value beyond any automated or intelligence system, operate in a digital environment and continually adapt to new ways of working and new technologies.”.

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PYMNTS

APRIL 1, 2019

It’s a statement borne out by the new Credit Union Innovation Playbook , a PYMNTS/ PSCU collaboration. It’s a powerful starting place and a statistic that gives greater insight into how credit unions in general are crushing loyalty. According to this survey of credit union customers, an overwhelming 81.3 For example, 49.1

Innovation 141

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PYMNTS

MARCH 30, 2020

“It’s just not very clear how well we can adapt and overcome.”. Flywire’s Talaga noted the crisis in action has also caused some rapid resetting of payments operations on the backend. Healthcare provider chief financial officers are also on the front lines of addressing the COVID-19 crisis. What’s Next?

Innovation 147

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PYMNTS

OCTOBER 29, 2019

The real estate industry is a popular target for FinTech innovators, particularly when it comes to new services and products that target renters and homeowners. The opportunities of real estate FinTech are vast, and innovation is far from slowing down, according to Ian M. Back-Office Innovation.

Innovation 103

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PYMNTS

MAY 30, 2019

The market for wearable tech that monitors everything from your heartbeat to your blood sugar is booming, and caregivers are receiving previously unseen insight into the everyday health of their patients. Beyond that, hospitals are thinking about how to best equip themselves for 5G technology, and what use it will bring.

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Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. At the networking session and the IBM booth, attendees can network with innovation experts, ask direct questions, and see demos of innovative financial services solutions.

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PYMNTS

SEPTEMBER 24, 2019

Money tied up in the cash flow cycle is money that’s not working in the economy at large – it’s not helping businesses grow, expand operations or tap new customers. The money, in general, will go toward bolstering the company’s B2B capabilities and will focus on one specific and very large market, at least initially. “We

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PYMNTS

MARCH 24, 2020

Now there are more dynamic choices for who and how to process using pre-written code that fits into the software. But when it comes to embedding payments, scale can be a challenge as they enter new markets and expand their customer bases. moving into markets such as Canada, the U.K.,

Innovation 141

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PYMNTS

SEPTEMBER 20, 2018

As a result, there is no industry standard for how to manage inter-business payment flows, and companies are usually forced to expend precious time collectively negotiating just to settle their bills. With spiking investments in digital payment solutions, the B2B sphere appears to finally embrace innovation.

Innovation 124

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PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Now, they are doing all this digital innovation, and it’s really moving the needle,” he said. Heck, yeah!”. The progress is easy to see.

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PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. Well, Verishop has officially launched , providing new evidence for how to take on Amazon. High-End Retail. The company generated about $3.3 Retail Challenge.

Retail 125

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PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? JB: I watch how people interact with their mobile devices very closely.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

FEBRUARY 9, 2017

Small business finance is one of the most competitive, innovative and challenging markets in which to operate. We have tremendous demand for our product, we’re growing and we’ve had a lot of success delivering value back to SMB customers,” said Fundbox’s Jordan MacAvoy, VP of marketing. Market Progress.

Innovation 100

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Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. Once they run buzzwords and innovations through management’s “B.S.

Leadership 158

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PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?”

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PYMNTS

SEPTEMBER 25, 2019

That can be easier said than done, of course, but in a new PYMNTS discussion with Karen Webster, Laurin Nabuko Hainy, founder and CEO at FairMoney , gave a tour of the emerging payments landscape in Nigeria and offered lessons that can be applied to other developing markets. Our vision is to be a one-stop shop,” Hainy told Webster.

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South State Correspondent

JANUARY 4, 2023

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage.

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PYMNTS

AUGUST 10, 2017

Innovation can sometimes be seen as a solution looking for a problem, but it’s time to stop thinking of technology as bells and whistles and start looking at it as a necessary element of doing business for a changing consumer base – and up against a changing landscape of challenges and threats. How do you manage security and risk?

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PYMNTS

JUNE 17, 2019

It is a story that comes up a lot in kitchen innovation — InstantPot has a similar origin story. Ztove, to date, is a relatively small operation — though it has come quite far since its early days of showing off its prototype at industry shows a mere three years ago.

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