PYMNTS

NOVEMBER 14, 2018

Thankfully, at least one CU is turning to the alternatives: artificial intelligence (AI) and machine learning (ML) technologies. Citizens Equity First Credit Union (CEFCU) of Peoria, Illinois recently announced that it would work with technology provider Stakana Analytics to pilot the company’s predictive analytics platform.

Detroit 122

Detroit Report Analytics Illinois 122

PYMNTS

MAY 30, 2018

We recognize that so often the case is with new technology, there is a needle you have to thread,” he added later. “If And at the same time, if you overregulate, you sort of tamp down that creativity and you discourage the innovation.”. But the U.S.

Fintech 116

Fintech Arizona Illinois Bitcoin 116

PYMNTS

MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. stores with the technology this year. We’re always looking to innovate and disrupt,” Singh said. Worth, Texas; Los Angeles, California; Miami-Ft.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

Bank Innovation

MARCH 22, 2016

The new auto loan product will initially launch in California, and is expected to be live in Illinois and Georgia by early in the second quarter, with a national rollout expected by the third quarter, according to Avant. Online marketplace lender Avant Inc. will now offer direct-to-consumer auto refinance loans, the company announced today.

Illinois 150

Illinois Georgia California National 150

Independent Banker

JANUARY 31, 2023

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. We are changing the face of business banking in Arizona by combining cutting-edge fintech technology with true relationship banking.”

Community Bank 172

Community Bank Community Phoenix Arizona 172

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215

PYMNTS

DECEMBER 12, 2018

The city of Bakersfield, Illinois, for example, recently disclosed that cybercriminals had compromised the third-party website Click2Gov, used to process residents’ utility and municipal payments. Companies like Dunkin’ are not the only victims of a data breach, of course. Giving Gig Workers Faster, Safer Payments.

Report 165

Report Payments Data Illinois 165

PYMNTS

NOVEMBER 12, 2020

“Customers will receive tailored offers, be able to participate in a new loyalty program and easily order and receive McDonald's food through the channel of their choice,” the Oakbrook, Illinois company said, noting that a pilot of its new “MyMcDonald's" loyalty program will roll out in the Phoenix area in the coming weeks. Sign Of The Times.

Phoenix 206

Phoenix Illinois Video Branding 206

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. Retail Trust and AI.

Retail 149

Retail Security Fraud Illinois 149

CB Insights

FEBRUARY 1, 2019

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. Chicago Ventures overtook Pritzker Group Venture Capital in Illinois, and NEA replaced Fortify Ventures in DC. BIP Capital.

United States 78

United States Capital DC Rhode Island 78

PYMNTS

NOVEMBER 13, 2018

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” The alliance includes a dozen firms that have between $251 million to $20 billion in assets.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

MARCH 31, 2020

The incredible story of innovation now going on in self-service and UR is thoroughly documented in the March 2020 Automated Retail Tracker™ from PYMNTS. Its solution employs technologies such as computer vision, machine learning (ML) and workflow automation to identify out-of-stock items, prisoning inconsistencies and planogram.

Retail 140

Retail Texas Illinois Seattle 140

PYMNTS

JUNE 22, 2016

With so much data available, is your organization harnessing it in the most efficient way in order to truly reap all the benefits of big data including driving innovation and improving the customer experience? Joe received a BA in Economics from Lewis University and an MA in Economics from the University of Illinois at Chicago.

Customer Experience 104

Customer Experience Chicago Analytics Big Data 104

PYMNTS

APRIL 15, 2019

From Vengo Labs to Carvana , digital innovators in a variety of industries and spaces are reinventing the vending machine concepts with new technologies and features. And technology in the space is continuously evolving from the days of large, imposing machines. And, in the U.S.,

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

JANUARY 16, 2021

Car technology was an expected part of CES in 2021, as vehicles are a big part of the big show every year — particularly for the last few years, as consumer interest in connected car technology has spiked alongside a growing enthusiasm for a possible future where cars can drive themselves and the humans just tag along for the ride.

Las Vegas 204

Las Vegas Illinois Maine Technology 204

PYMNTS

NOVEMBER 19, 2018

As described in the November/December Credit Union Tracker from PYMNTS, Citizens Equity First Credit Union (CEFCU) of Peoria, Illinois recently announced that it would work with technology provider Stakana Analytics to pilot the company’s predictive analytics platform.

California 140

California Payments ATM Illinois 140

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. Of course, successful retail banking requires more than just technology. OCB is a big believer in developing the digital technologies that will serve its clients, but it also believes physical locations matter. What’s on the horizon for retail banking?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

CB Insights

MARCH 13, 2019

Nuro is followed by Illinois’ Avant ($655M) and Massachusetts’ Indigo Agriculture ($617M). The startup with the least funding on the list is Rhode Island’s The Innovation Scout , a SaaS platform that has raised $50K. IDx Technologies. The Innovation Scout. Total Equity Funding ($M). Info Assembly.

United States 78

United States Rhode Island Massachusetts Connecticut 78

Independent Banker

OCTOBER 31, 2022

“Today’s customer, whether consumer or small business, has become very comfortable and accustomed to anytime, anywhere self-service,” says Charles Potts, ICBA’s executive vice president and chief innovation officer. William Atkinson is a writer in Illinois. Rolling out digital lending.

Lending 91

Lending Community Bank Community Illinois 91

Independent Banker

FEBRUARY 28, 2023

billion-asset community bank division based out of Buffalo built and outfitted a “rolling branch,” called BankOnWheels, an innovative banking experience that makes full-service banking accessible to more consumers and small businesses, particularly those in underserved communities, according to BankOnBuffalo president Michael Noah.

Mobile 91

Mobile Community Community Bank ATM 91

CFPB Monitor

SEPTEMBER 30, 2021

The FTC should be particularly attentive to next-generation technologies, innovations, and nascent industries so that the FTC can quickly target unfair practices. Before joining the FTC, Mr. Levine worked for the Illinois Attorney General. . Policy priorities.

Illinois 78

Illinois Policies Tools Regional 78

PYMNTS

JUNE 26, 2018

Here’s how some retailers are rolling out kiosk technology to their customers — and how it benefits merchants. Léa French Street Food in Illinois, for example, found that kiosks encouraged customers to customize their orders. Others remain wary, and probably will continue to be until this type of technology gains mainstream traction.

Examples 107

Examples Retail Arizona Illinois 107

Payments Source

MAY 3, 2018

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

Fintech 70

Fintech Regulation Financial Technology Innovation 70

PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. Local officials have started to at least consider bans on official use of facial recognition. Whether that is true or not is years away from being settled.

Fraud 161

Fraud Illinois Regulation Online 161

PYMNTS

MARCH 24, 2017

PYMNTS: What do you think makes Chicago (or Illinois as a whole) an attractive location for both entrepreneurs and investors? PYMNTS: Which sectors of the technology landscape are thriving in Chicago? MH: People should know that Chicago offers a level of skill and innovation equal to any other place globally.

Chicago 114

Chicago United States Community Illinois 114

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

AUGUST 24, 2018

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Younger Lotto Players. About a third of consumers between the ages of 20 and 35 buy lotto tickets.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

JULY 13, 2017

The Illinois-based service already helps busy people shop faster and smarter with an intuitive app that helps them save money as well as time on restocking pantry staples, fresh foods and meal solutions. We love new technologies, particularly when they fit so naturally into household planning.”. In Other News….

Columbus 100

Columbus Delaware New Jersey Maryland 100

Independent Banker

AUGUST 31, 2022

Often, innovation and creativity soar when we allow employees to be curious and explore new ways of thinking.”. William Atkinson is a writer in Illinois. Finally, LaNore suggests, another important way to demonstrate bank leadership’s commitment to continuous learning is by linking learning and performance goals.

How To 91

How To Louisville Community Bank Training 91

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

CB Insights

JULY 20, 2017

As the construction tech industry matures, the space has seen increasing efforts from early-stage companies to leverage new technologies across all areas of the sector—from connecting clients and contractors to buying and selling construction-related goods and services. Headquarters: Chicago, Illinois. Pillar Technologies.

San Diego 48

San Diego New York California Louisiana 48

Independent Banker

DECEMBER 13, 2015

What’s necessary or optional with technology is always changing. Then, of course, some mobile features and functionalities may seem technologically nifty and knowing (or possibly too infrequently used on any platform), but a majority of community banks the Boston Fed had surveyed had no plans to offer them in the near future.

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2015

What’s necessary or optional with technology is always changing. Then, of course, some mobile features and functionalities may seem technologically nifty and knowing (or possibly too infrequently used on any platform), but a majority of community banks the Boston Fed had surveyed had no plans to offer them in the near future.

Community Bank 70

Community Bank Boston Community Iowa 70

CB Insights

MAY 9, 2019

Today, it seems like every large corporation has its own “ innovation lab.”. Few are more critical of the model than startup entrepreneurs and VCs, who argue that corporate innovation labs are mostly innovation theater. Get the Best of corporate innovation. Get the Best of corporate innovation. Waymo (Google X).

Innovation 76

Innovation Apple Google System 76

Fintech Labs Insights

MAY 19, 2016

Courtesy of a new partnership between Narrative Science and Vermilion Software, asset managers will have access to advanced natural language generation (NLG) technology to help them compose portfolio commentary. ” Narrative Science’s advanced NLG platform, Quill , will be integrated into the Vermilion Reporting Suite (VRS).

Illinois 16

Illinois Chicago New York Management 16

Fintech Labs Insights

APRIL 18, 2017

In a round led by Sapphire Ventures and featuring participation from Jump Capital, advanced natural-language generation technology innovator Narrative Science has raised $11 million. Founded in 2010 and headquartered in Chicago, Illinois, Narrative Science demonstrated its Quill Financial solution at FinovateFall 2013.

Chicago 17

Chicago Illinois Analytics Data 17

Fintech Labs Insights

MAY 19, 2016

Courtesy of a new partnership between Narrative Science and Vermillion Software, asset managers will have access to advanced natural language generation (NLG) technology to help them compose portfolio commentary. ” Narrative Science’s advanced NLG platform, Quill , will be integrated into the Vermillion Reporting Suite (VRS).

Illinois 14

Illinois Chicago New York Management 14