South State Correspondent

JUNE 22, 2022

Every bank wants to be “innovative,” but the truth is innovation is difficult. Add to that a bank’s resource constraints, compliance demands, budget goals, legacy IT infrastructure and talent gaps, and innovation for a bank is extremely difficult. The Problem of Bank Innovation. Framing Innovation.

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Perficient

JULY 2, 2020

With all that has happened around the COVID-19 pandemic, leveraging technology and commerce solutions in the healthcare industry has never been more important. Next: What’s around the corner that no organization is working towards today, but would be at the forefront of innovation if they were.

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Perficient

AUGUST 26, 2020

While these salesmen cannot physically be in the space to make sales, adding technology such as Augmented Reality (AR) still gives customers the ability to experience a product and use the salesman as a resource to ask questions and further the buying process. Integrating the Right Technology.

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Bank Innovation

FEBRUARY 22, 2017

Innovation groups are a relatively recent, but an increasingly important, addition to traditional bank structures. Whatever the approach is, Read More.

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PYMNTS

MAY 27, 2020

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. How Balancing Members’ Needs Improves End-To-End ATM Experiences. Developments From Around The CU Ecosystem. Deep Dive: Offering An End-To-End Customer Experience Through ATMs. About The Tracker.

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Perficient

AUGUST 31, 2020

It’s also a great time to think about innovation. I would like to talk about how Twilio Flex and other services from Twilio can provide some clear ways not only to manage these immediate concerns, but also to drive innovations in how you interact with your customers. We can help guide you through all this.

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Alex Jimenez

NOVEMBER 26, 2021

Fueled by the success of disrupting technology and innovative startups, organizations of all sizes and from vastly different industries are jumping on the innovation bandwagon. Most commonly, organizations that haven’t viewed innovation as a strategic imperative seem to be at a loss as how to roll out “innovation.”

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PYMNTS

NOVEMBER 16, 2020

Fresh off its acquisition of Finance-as-a-Service technology platform Ario , Thinking Capital is looking toward the future of SMB financing. That was largely behind the acquisition of Ario, whose proprietary data analytics technology can facilitate invoice financing and loans via integrated infrastructure. Flexible Technology.

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South State Correspondent

FEBRUARY 20, 2023

Notable Tactical Differences in Lending Competition Many of the largest banks in the country consider themselves technology companies that manage and measure profitability and maintain relationships. Scale, security, and innovation are all linked to better information technology design and implementation.

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PYMNTS

DECEMBER 9, 2020

There are countless technologies banks are employing to help them in this task, but none are as effective as artificial intelligence (AI). The only question is how banks can ensure that they are employing the best strategies to apply them.

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PYMNTS

JULY 14, 2020

If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”. The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by David Nachman , CEO at FastSpring. This, too, is likely here to stay.

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PYMNTS

APRIL 12, 2019

As the 2010s roll off into the 2020s, the fact remains that technology is blurring the lines that used to exist before the (continuing) digitization of commerce. PYMNTS queried nearly two dozen C-level executives from companies at the forefront and intersection of technology and innovation.

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PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

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PYMNTS

DECEMBER 2, 2020

Mark Aquilina , senior vice president of product and strategy at WEX , told PYMNTS that’s partly because digitization of accounts receivable (AR) lags behind that of accounts payable (AP) on the technological front. Companies are learning how to be more efficient, do more with less, do more with technology,” he said. “I

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Perficient

OCTOBER 20, 2020

Businesses Must Shift to Automated and Intelligent Technology. Companies that implement modern, intelligent technology can meet every consumer expectation and shift quickly to meet current trends. With the increase of online shopping due to COVID-19, the need to fulfill against extreme demand becomes more important than ever.

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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. Two in particular, he said, are technology and payer habits. “It’s It’s a combination of both,” Sapenaro said.

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CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

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PYMNTS

MARCH 26, 2019

When it comes to implementing innovation, trying and succeeding are two different things. percent of them said they want to innovate to gain a competitive edge, while 75 percent seek to boost their sales revenue. percent intend to use innovation as a way to improve customer loyalty. As much as 77.4 Another 62.2 Another 62.2

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PYMNTS

JULY 2, 2020

Although CU members want innovation in member loyalty and rewards, most credit unions are not delivering these programs up to the desired standards. Credit union members’ high expectations when it comes to loyalty innovation do not necessarily make or break their banking relationships. Loyalty Innovation Strategies .

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PYMNTS

AUGUST 16, 2018

Those are some of the common myths of innovation , and they apply to the payments world. Moving past those myths, and finding deeper truths about payments innovation, was the underlying result of a recent PYMNTS webinar, featuring Karen Webster and Amir Wain, founder and CEO of i2c , an integrated commerce and smart payments firm. “

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BankInovation

MARCH 18, 2022

To poorly automate a process, use technology as the starting point rather than the ideation process, Pepe Porrata, chief operating officer at $731.7 million bank Varo Bank, says in this episode of "The Buzz.” This is because banks can “automate poorly designed experiences that are built to manage unnecessary complexity,” Porrata said. “So

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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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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).

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Gonzobanker

SEPTEMBER 14, 2023

As Ron Shevlin , our chief research officer, blogged : “Banks need to stop playing innovation charades. They’ll offer more ideas on how to differentiate your bank, among other things. And again… The post Here’s How to Become More Than the Branch Next Door appeared first on Gonzobanker. Even harder when your employer is a bank.

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PYMNTS

JULY 8, 2019

These days, no matter how creative, innovative and disruptive an idea a financial services player may have, the reality is they don’t have a lot of time to sit around developing it. It was a solution designed, according to DeRosa, for companies with innovative roadmaps that need fast, flexible support.

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PYMNTS

JANUARY 14, 2020

It’s an innovator’s job to look at the status quo and disrupt what has always been done in favor of progress. Increasingly, however, payment rail innovators are also introducing ways to bypass traditional banks altogether, with many in favor of distributed ledger technology to move money between businesses and across borders.

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PYMNTS

JULY 11, 2019

Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. And payments plays a big role in all those efforts — even though many companies don’t yet to seem to realize how to get the most from transactions. Innovation Role.

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Payments Dive

JUNE 25, 2020

For aspiring mobile money businesses, the potential rewards are great, but building a robust and flexible growth strategy (and curating the right technology to power that strategy) remains a challenge. Learn how to reduce risk and drive adoption with one of the industry’s leading mobile transaction innovators.

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Strategy Mobile Innovation Industry 468

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.

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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. It introduced the tool at the Tire Technology Expo in Hannover at the end of February to help protect some 5,000 attendees.

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PYMNTS

FEBRUARY 24, 2020

The challenge, he noted, isn’t in what can be done, but in how to do it. The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area.

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PYMNTS

MARCH 12, 2020

An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same. He’s seen TikTok become a B2B marketing platform where players are “singing funny songs, telling jokes and learning how to really interact online.”

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BankInovation

MARCH 2, 2023

I was recently talking with a client, who said “for us, speed of thought is just as important as speed of technology.” This interesting perspective, while not surprising, poses a challenging predicament for technology leaders.

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PYMNTS

SEPTEMBER 18, 2019

It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations. And retailers are making bigger bets on [ omnichannel ] technology.”. Indeed, such technology is being used by retailers to better meet consumers on their own terms and platforms.

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PYMNTS

FEBRUARY 4, 2019

. “While their contribution has grown at a slower rate than that of large businesses, small businesses continue to be at the forefront of driving innovation, jobs and economic growth.” ” However, as SMBs drive innovation for the U.S.

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PYMNTS

JANUARY 21, 2020

Overall there is a lot of energy from the omnichannel perspective, as well as a lot of interest in taking the data they have and incorporating it across channels to see how they can reach out to their customers in a way that is most relevant,” Carter explained. The latter is innovative; the former is, well, just a tweak.

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