Remove Innovation Remove Los Angeles Remove National Remove Technology
article thumbnail

Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

“The transformation of how commerce moves in cities demands that we build the most innovative tools for businesses to keep up and distribute their products to the modern consumer, efficiently and cost effectively,” Postmates CEO and Co-Founder Bastian Lehmann said in a press release.

article thumbnail

Mobike, Masterpass And Riding Toward A Shared Future Of Innovation

PYMNTS

Here in the States, urban commuters are doubtlessly familiar with bike-sharing based on docking stations — from metro Boston’s Hubway service to Los Angeles’ Metro Bike Share. Department of Transportation’s national count in 2016, there were 3,378 bike-share docking stations across 104 U.S. As of the latest U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Connected Consumers Order Ahead During Their Commutes

PYMNTS

These are some of the ways consumers are using their devices to make purchases during their commutes – and how digital innovations could help their shopping experiences: Commuters find available parking spots 64.9 SPOT serves cities including Los Angeles, Miami and Philadelphia, per a report last year. times a year.

article thumbnail

Report: Data Key To Credit Union Member Retention

PYMNTS

According to PYMNTS’ Credit Union Innovation Index , 65 percent of CU members said they chose a CU as their primary financial institution (FI) because they trusted it, as opposed to 45 percent of non-CU members who said the same. While the PYMNTS study found loyalty programs are members’ most popular desire at 49.1 percent in the U.K.

Data 122
article thumbnail

Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. The restaurant industry has leveraged these payment technologies for years, but their adoption has not been quick. Approximately 30,000 U.S.

Payments 191
article thumbnail

Governments Fuel Blockchain’s Global Proliferation

PYMNTS

According to reports, Kaliningrad governor Anton Alikhanov and VEB chairman Sergey Gorkov met with officials at the Russian Investment Forum to announce their collaboration using, according to Alikhanov, VEB’s “competence in the area of blockchain technology. In Spain, regulators are reportedly exploring how to support blockchain developers.

article thumbnail

FinCEN Steps up Efforts to Protect Against the Six Biggest Threats to the U.S. Financial System

Abrigo

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264