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
The payments industry is continually evolving, with change driven by various evolutionary business initiatives such as Open Banking, Real-Time Gross Settlement (RTGS) system renewal and Instant Payments. In addition, a number of revolutionary ideas have recently hit the financial services industry, including digital and cryptocurrencies, as well as distributed ledger technology and blockchain. What is ISO 20022? 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
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
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
International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according to reports. “In In the case of new technologies — including digital currencies — that means being alert to risks in terms of financial stability, privacy or criminal activities, and ensuring appropriate regulation is in place to steer technology towards the public good,” Lagarde said. 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
Still, restaurant industry reps say that the company’s plan to offer refunds for up to 120 days from 60 days isn’t enough. “If MORE
JPMorgan has announced it will go “full force” in China to take on the state-run Industrial and Commercial Bank of China (ICBC), which is the biggest bank in the world, according to a report by Bloomberg. MORE
The trade finance industry encompasses a range of financial products all with a single goal in mind: Promote global trade and the financial well-being of traders. 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 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
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
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
Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country. 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
We at PYMNTS, being writers, don’t do cakes and gifts for birthdays, but instead prefer writing retrospective stories like this, treatments that serve not only as a history of a particularly newsworthy company, but also a glimpse into the future of the industry in which it operates. 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
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
Kelley as its new CEO, the industry group said in a press release. The payments technology industry is dynamic and expanding, and ETA has a vital role to play during this period of growth and innovation.” . The payments technology industry is dynamic and so is its trade association.”. MORE
Read more » The post The Five Building Blocks of the Automotive Industry Disruption appeared first on CU Direct Blog. Lending Marketing to Members auto industry customer relationships digital disruption disruptive innovators human experience innovation 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
JPMorgan, the biggest bank in the United States by assets, has announced it will no longer finance the private prison industry, according to reports. As part of this process, we will no longer bank the private prison industry.”. 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
Professionals in the financial services industry are focusing their energy on regulation and data management, according to a survey from consulting firm and technology services provider Synechron. MORE
Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. This transfer of wealth has already begun transforming a range of industries. However, these industries won’t thrive unchanged. 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
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.”.
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
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 26, 2019
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.
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.
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.
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
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.
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.
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
JULY 4, 2019
It's meant to ensure regulatory cover for new products, but some industry leaders worry it could get in the way […].
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.
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
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
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
CB Insights
SEPTEMBER 4, 2019
Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. This transfer of wealth has already begun transforming a range of industries. However, these industries won’t thrive unchanged.
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
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.
Accenture
AUGUST 26, 2019
The payments industry is continually evolving, with change driven by various evolutionary business initiatives such as Open Banking, Real-Time Gross Settlement (RTGS) system renewal and Instant Payments. In addition, a number of revolutionary ideas have recently hit the financial services industry, including digital and cryptocurrencies, as well as distributed ledger technology and blockchain. What is ISO 20022?
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.
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.
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 […].
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.
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.
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
AUGUST 15, 2019
Kelley as its new CEO, the industry group said in a press release. The payments technology industry is dynamic and expanding, and ETA has a vital role to play during this period of growth and innovation.” . The payments technology industry is dynamic and so is its trade association.”.
PYMNTS
JULY 31, 2019
We at PYMNTS, being writers, don’t do cakes and gifts for birthdays, but instead prefer writing retrospective stories like this, treatments that serve not only as a history of a particularly newsworthy company, but also a glimpse into the future of the industry in which it operates.
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
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.
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?
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
PYMNTS
JULY 30, 2019
JPMorgan has announced it will go “full force” in China to take on the state-run Industrial and Commercial Bank of China (ICBC), which is the biggest bank in the world, according to a report by Bloomberg.
PYMNTS
SEPTEMBER 4, 2019
International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according to reports. “In In the case of new technologies — including digital currencies — that means being alert to risks in terms of financial stability, privacy or criminal activities, and ensuring appropriate regulation is in place to steer technology towards the public good,” Lagarde said.
PYMNTS
AUGUST 1, 2019
Still, restaurant industry reps say that the company’s plan to offer refunds for up to 120 days from 60 days isn’t enough. “If
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
NOVEMBER 1, 2018
Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country.
PYMNTS
MARCH 5, 2019
JPMorgan, the biggest bank in the United States by assets, has announced it will no longer finance the private prison industry, according to reports. As part of this process, we will no longer bank the private prison industry.”.
CU Direct
FEBRUARY 12, 2018
Read more » The post The Five Building Blocks of the Automotive Industry Disruption appeared first on CU Direct Blog. Lending Marketing to Members auto industry customer relationships digital disruption disruptive innovators human experience innovation
PYMNTS
JULY 17, 2019
The trade finance industry encompasses a range of financial products all with a single goal in mind: Promote global trade and the financial well-being of traders.
Bank Innovation
JANUARY 6, 2017
Professionals in the financial services industry are focusing their energy on regulation and data management, according to a survey from consulting firm and technology services provider Synechron.
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