INDUSTRY INSIGHTS YOUR PEERS ARE READING
The digital revolution comes to the land where the industrial revolution was born? B2B Payments B2B Bank of England banking Banking Circle Blockchain cross-border payments digital industrial revolution Ixaris News Ripple SABB Virtual IBAN MORE
Mobile apps from industry newcomers, like the French challenger bank Kard and US-based Zelle, allow users to make payments and send and receive money instantly. The post Hot baths and warm burritos of a reimagined payments industry appeared first on Accenture Banking Blog. MORE
Imperial has a strong portfolio of intellectual property in the vaping space, which has substantial overlap with the cannabis industry, and it’s found a sensible partner to help seize the commercial opportunity without taking substantial risk,” said Nico von Stackelberg, an analyst at Liberum. MORE
And overall industry sales are forecast to hit a high of $863 billion this year, per projections from The National Restaurant Association, CNBC reported. As more consumers spend a larger part of their budgets on dining, U.S. MORE
Think about Farfetch as the platform for the luxury industry.” (The 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. MORE
” Earlier this year, Constellation Brands , which owns Robert Mondavi, Corona and Svedka, took a stake in Canada’s Canopy Growth — an up-and-coming player in the blooming marijuana industry. “It’s Retail canada Cannabis Cannabis Industry News walmart What's Hot MORE
International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. MORE
Mobile payment acceptance is leading to rapid change in the restaurant industry, impacting everything from credit card use to delivery and online ordering as well as customer loyalty MORE
The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. The city has always been at the heart of the global transportation industry, and we’re eager to continue that legacy.”. MORE
From connected cars to smart ovens, the Intelligence of Things (IoT) ecosystem is projected to grow into every area of consumer life by the end of 2019. Overall spend on IoT devices is set to skyrocket this year. South Korea alone, for instance, is expected to spend $25.7 MORE
PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov. MORE
Many industries are still heavily analog, small and medium-sized businesses (SMBs) in particular. only agriculture and hunting invest less in digitization than the construction industry, according to recent data. MORE
The automotive industry just had a head-on collision — with technology. He explained that the automotive industry is the one place where the concepts of IoT can be made very real to the mass market — where they will be able to see it, understand it and really feel its impact. With the onset of the IoT and a greater focus on innovation, it’s clear the automotive industry is quickly moving toward the opportunity for greater efficiency, McCammon said. MORE
Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. According to Forbes , the music industry stands to benefit greatly from the use of blockchain technology. These inefficient intermediaries leave the industry in a position where it is ripe for disruption. The mainstream channels for music distribution in the industry face two major challenges: payments and accessibility. MORE
today, toilet paper is a $31 billion per year industry – and growing, as the average American runs through three rolls per week. While toilet paper seems like a product that should have been around for as long as there has been commerce, it actually is a fairly modern invention. Before 1857, the most common “toilet paper” in the United States actually consisted of pages from the Sears Roebuck catalog. MORE
Mobile payments processor Square is filing an application to create an industrial loan company with the Federal Insurance Corporation. Most notably, as an industrial bank, Square […]. MORE
Insurance companies face some of the same challenges as incument players in the finance industry, yet have been slow to adopt to the needs of consumers in an increasingly digital-first environmnent MORE
The insurance industry needs to consider how their payments technologies match up with increasingly disruptive trends in the financial services space MORE
In industrial spaces like the oil and gas sector, procurement is no straightforward process. That’s in stark contrast to the “front office” operations of the sector, according to analysis by DNV GL, an oil and gas industry advisory firm. MORE
In our constant pursuit of encouraging industry innovation, we are always on the lookout for new and inspiring players, and are eager to share our findings with our readers. To do this, Bank Innovation has launched the Watchlist. The Watchlist monitors startups from around the world, highlighting those that could transform financial services. Here, you’ll find some of […]. Exclusive Payments Startups Technology INV Fintech startups watchlist MORE
The Executive Summary is as follows: From Concept to Reality: How … The post How Blockchain will Reshape the Financial Services Industry (Research) appeared first on Chris Skinner's blog. MORE
and Canadian consumers losing access to critical personal data, should be a wakeup call to financial industry officials The breach at Capital One, which resulted in 106 million U.S. MORE
The sixth edition of the ATM Future Trends report, which includes the results of an extensive survey and industry insights from ATM thought leaders, is available MORE
Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. MORE
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. According to CNBC , the state has blamed its issues on higher taxes placed on the industry and limited access to banking. MORE
If you look across the technology industry and the payments industry, the pace and movement of change is accelerating,” Mike Kresse, division executive for card and money movement at FIS , recently told PYMNTS in an interview. MORE
Faster Payments Council ( FPC ) has chosen industry expert Kimberly Ford as the organization’s first executive director. The U.S. Ford, who used to work with the First Data Corporation, will start on June 24 (Monday), the company said in a release. MORE
Though retainers or deposits are commonplace in highly skilled industries, it hasn’t been the norm among gig workers, especially among unskilled industries like transportation and arts and entertainment. This study looks at how the desire for pay advances differs by industry. MORE
Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. Perhaps no industry more than finance is more concerned about maintaining data privacy. IBM RegTech Innovations. MORE
It's meant to ensure regulatory cover for new products, but some industry leaders worry it could get in the way […]. MORE
The analysis within each report shows a clear trend towards industry consolidation. As the industry consolidates, the majority of institutions disappearing are disproportionately coming from the lower tiers. Is the consolidation good for the industry? MORE
As hurricane season starts, PYMNTS takes a deep dive into new issues related to digital disaster relief, and looks at how digital is transforming other industries. At the dawn of a new decade, everything from grocery shopping to disaster relief is getting a digital upgrade. MORE
DeSL) has announced a new procurement platform designed for the fashion industry. The firm’s platform connects industry players to procurement and inventory management tools, marketing, payment processing and financing. Discover e-Solutions Ltd. MORE
The official launch of Apple Card has generated major buzz across the payments and banking industry, however a split has emerged about whether the technology company will truly break new ground on a digital payment product that grows the business with consumer friendly financial services MORE
When it comes to the new and emerging legal cannabis industry – along with the closely related trade in CBD products – payments and compliance issues, as one can imagine, have tremendous importance, and companies are striving to get into the game via those angles. MORE
Since the end of the great recession of 2008, the trucking Industry has been on a roll, and 2018 was, by any measure, a banner year. Revenues for the 50 largest companies rose by 12.2%. Tonnage across all segments was up 6.6%. MORE
It’s a very capital-intensive industry,” Carlgren noted. “So, Factors can stand out among the competition by specializing in particular industries and offering invoice management supports. . “If MORE
Others, however, have complained that a million listens on a streaming service are worth about $100 to the writer of the song, once the music industry has taken its cut. Out of The International Consumer Electronics Show (CES) last week — and with several high-profile artists and a few million new dollars in funding — music industry blockchain startup Vezt has recently captured an awful lot of mainstream attention. MORE
When I think back on that theme and look at the banks profiled in this issue for their outstanding community service, I’m reminded yet again how unique our industry truly is. Community banking is not a one-size-fits-all industry! Columns From the President & CEO Industry Insight“Community service is a timeless tradition that’s core to every community bank.”. By Rebeca Romero Rainey, President and CEO, ICBA. MORE
And the software may be used in a wide array of industrial and medical devices. As a result, the software may be incorporated into a variety of medical and industrial devices that are still currently in use. MORE
Artificial Intelligence (AI) in banking can be used to establish more meaningful conversations with customers by solving real problems and managing finances MORE
At least that’s the view of seasoned observers and Domino’s CEO Ritch Allison, who, on the company’s post-earnings conference call , predicted that a “significant shakeout” is coming to the industry. MORE
Industry conglomerates like Kroger , Walmart and Amazon are driving innovation in the grocery space, embracing eCommerce and diving into the waters of supply chain and logistics innovation. Food is big business. MORE
Industry Related Topics Mobile Payments Today
SEPTEMBER 5, 2019
The insurance industry needs to consider how their payments technologies match up with increasingly disruptive trends in the financial services space
PYMNTS
OCTOBER 2, 2019
If you look across the technology industry and the payments industry, the pace and movement of change is accelerating,” Mike Kresse, division executive for card and money movement at FIS , recently told PYMNTS in an interview.
Mobile Payments Today
APRIL 12, 2019
Mobile payment acceptance is leading to rapid change in the restaurant industry, impacting everything from credit card use to delivery and online ordering as well as customer loyalty
PYMNTS
OCTOBER 10, 2018
” Earlier this year, Constellation Brands , which owns Robert Mondavi, Corona and Svedka, took a stake in Canada’s Canopy Growth — an up-and-coming player in the blooming marijuana industry. “It’s Retail canada Cannabis Cannabis Industry News walmart What's Hot
PYMNTS
MAY 2, 2019
The digital revolution comes to the land where the industrial revolution was born? B2B Payments B2B Bank of England banking Banking Circle Blockchain cross-border payments digital industrial revolution Ixaris News Ripple SABB Virtual IBAN
Accenture
NOVEMBER 15, 2019
The post Digital is transforming the European specialty finance industry appeared first on Accenture Banking Blog.
PYMNTS
SEPTEMBER 15, 2019
The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. The city has always been at the heart of the global transportation industry, and we’re eager to continue that legacy.”.
PYMNTS
NOVEMBER 4, 2019
PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov.
ATM Marketplace
JULY 2, 2019
The sixth edition of the ATM Future Trends report, which includes the results of an extensive survey and industry insights from ATM thought leaders, is available
PYMNTS
JULY 24, 2019
It’s a very capital-intensive industry,” Carlgren noted. “So, Factors can stand out among the competition by specializing in particular industries and offering invoice management supports. . “If
PYMNTS
OCTOBER 1, 2019
And the software may be used in a wide array of industrial and medical devices. As a result, the software may be incorporated into a variety of medical and industrial devices that are still currently in use.
PYMNTS
JULY 19, 2019
Though retainers or deposits are commonplace in highly skilled industries, it hasn’t been the norm among gig workers, especially among unskilled industries like transportation and arts and entertainment. This study looks at how the desire for pay advances differs by industry.
Insights on Business
OCTOBER 3, 2018
Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. Perhaps no industry more than finance is more concerned about maintaining data privacy. IBM RegTech Innovations.
Mobile Payments Today
OCTOBER 31, 2019
Artificial Intelligence (AI) in banking can be used to establish more meaningful conversations with customers by solving real problems and managing finances
PYMNTS
JULY 1, 2019
When it comes to the new and emerging legal cannabis industry – along with the closely related trade in CBD products – payments and compliance issues, as one can imagine, have tremendous importance, and companies are striving to get into the game via those angles.
PYMNTS
SEPTEMBER 23, 2019
Many industries are still heavily analog, small and medium-sized businesses (SMBs) in particular. only agriculture and hunting invest less in digitization than the construction industry, according to recent data.
PYMNTS
OCTOBER 10, 2019
DeSL) has announced a new procurement platform designed for the fashion industry. The firm’s platform connects industry players to procurement and inventory management tools, marketing, payment processing and financing. Discover e-Solutions Ltd.
PYMNTS
OCTOBER 16, 2019
today, toilet paper is a $31 billion per year industry – and growing, as the average American runs through three rolls per week. While toilet paper seems like a product that should have been around for as long as there has been commerce, it actually is a fairly modern invention. Before 1857, the most common “toilet paper” in the United States actually consisted of pages from the Sears Roebuck catalog.
Mobile Payments Today
AUGUST 22, 2019
The official launch of Apple Card has generated major buzz across the payments and banking industry, however a split has emerged about whether the technology company will truly break new ground on a digital payment product that grows the business with consumer friendly financial services
PYMNTS
JANUARY 29, 2019
From connected cars to smart ovens, the Intelligence of Things (IoT) ecosystem is projected to grow into every area of consumer life by the end of 2019. Overall spend on IoT devices is set to skyrocket this year. South Korea alone, for instance, is expected to spend $25.7
PYMNTS
AUGUST 19, 2019
And overall industry sales are forecast to hit a high of $863 billion this year, per projections from The National Restaurant Association, CNBC reported. As more consumers spend a larger part of their budgets on dining, U.S.
PYMNTS
JUNE 20, 2019
Faster Payments Council ( FPC ) has chosen industry expert Kimberly Ford as the organization’s first executive director. The U.S. Ford, who used to work with the First Data Corporation, will start on June 24 (Monday), the company said in a release.
Bank Innovation
JULY 4, 2019
It's meant to ensure regulatory cover for new products, but some industry leaders worry it could get in the way […].
Mobile Payments Today
JULY 23, 2019
Insurance companies face some of the same challenges as incument players in the finance industry, yet have been slow to adopt to the needs of consumers in an increasingly digital-first environmnent
Accenture
OCTOBER 18, 2019
Mobile apps from industry newcomers, like the French challenger bank Kard and US-based Zelle, allow users to make payments and send and receive money instantly. The post Hot baths and warm burritos of a reimagined payments industry appeared first on Accenture Banking Blog.
PYMNTS
AUGUST 23, 2019
Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug.
Bank Innovation
SEPTEMBER 7, 2017
Mobile payments processor Square is filing an application to create an industrial loan company with the Federal Insurance Corporation. Most notably, as an industrial bank, Square […].
PYMNTS
DECEMBER 5, 2018
Think about Farfetch as the platform for the luxury industry.” (The 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.
PYMNTS
MARCH 5, 2019
In industrial spaces like the oil and gas sector, procurement is no straightforward process. That’s in stark contrast to the “front office” operations of the sector, according to analysis by DNV GL, an oil and gas industry advisory firm.
PYMNTS
JANUARY 16, 2018
Others, however, have complained that a million listens on a streaming service are worth about $100 to the writer of the song, once the music industry has taken its cut. Out of The International Consumer Electronics Show (CES) last week — and with several high-profile artists and a few million new dollars in funding — music industry blockchain startup Vezt has recently captured an awful lot of mainstream attention.
PYMNTS
FEBRUARY 13, 2019
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. According to CNBC , the state has blamed its issues on higher taxes placed on the industry and limited access to banking.
Chris Skinner
DECEMBER 3, 2017
The Executive Summary is as follows: From Concept to Reality: How … The post How Blockchain will Reshape the Financial Services Industry (Research) appeared first on Chris Skinner's blog.
PYMNTS
AUGUST 22, 2019
As hurricane season starts, PYMNTS takes a deep dive into new issues related to digital disaster relief, and looks at how digital is transforming other industries. At the dawn of a new decade, everything from grocery shopping to disaster relief is getting a digital upgrade.
PYMNTS
JUNE 9, 2019
International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe.
Celent Banking
DECEMBER 2, 2014
The analysis within each report shows a clear trend towards industry consolidation. As the industry consolidates, the majority of institutions disappearing are disproportionately coming from the lower tiers. Is the consolidation good for the industry?
Independent Banker
AUGUST 26, 2018
When I think back on that theme and look at the banks profiled in this issue for their outstanding community service, I’m reminded yet again how unique our industry truly is. Community banking is not a one-size-fits-all industry! Columns From the President & CEO Industry Insight“Community service is a timeless tradition that’s core to every community bank.”. By Rebeca Romero Rainey, President and CEO, ICBA.
PYMNTS
DECEMBER 6, 2016
The automotive industry just had a head-on collision — with technology. He explained that the automotive industry is the one place where the concepts of IoT can be made very real to the mass market — where they will be able to see it, understand it and really feel its impact. With the onset of the IoT and a greater focus on innovation, it’s clear the automotive industry is quickly moving toward the opportunity for greater efficiency, McCammon said.
Mobile Payments Today
AUGUST 1, 2019
and Canadian consumers losing access to critical personal data, should be a wakeup call to financial industry officials The breach at Capital One, which resulted in 106 million U.S.
Bank Innovation
JUNE 6, 2017
In our constant pursuit of encouraging industry innovation, we are always on the lookout for new and inspiring players, and are eager to share our findings with our readers. To do this, Bank Innovation has launched the Watchlist. The Watchlist monitors startups from around the world, highlighting those that could transform financial services. Here, you’ll find some of […]. Exclusive Payments Startups Technology INV Fintech startups watchlist
Strategically Speaking
OCTOBER 9, 2019
Since the end of the great recession of 2008, the trucking Industry has been on a roll, and 2018 was, by any measure, a banner year. Revenues for the 50 largest companies rose by 12.2%. Tonnage across all segments was up 6.6%.
PYMNTS
OCTOBER 8, 2019
At least that’s the view of seasoned observers and Domino’s CEO Ritch Allison, who, on the company’s post-earnings conference call , predicted that a “significant shakeout” is coming to the industry.
PYMNTS
SEPTEMBER 19, 2016
Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. According to Forbes , the music industry stands to benefit greatly from the use of blockchain technology. These inefficient intermediaries leave the industry in a position where it is ripe for disruption. The mainstream channels for music distribution in the industry face two major challenges: payments and accessibility.
PYMNTS
OCTOBER 30, 2019
Industry conglomerates like Kroger , Walmart and Amazon are driving innovation in the grocery space, embracing eCommerce and diving into the waters of supply chain and logistics innovation. Food is big business.
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