PYMNTS

OCTOBER 30, 2018

Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. The latest round of funding implies investors are still interested in the cryptocurrency market despite the steep declines in the price of many of the digital tokens.

cryptocurrency 181

cryptocurrency Regulation Management Innovation 181

PYMNTS

JULY 18, 2019

In the quest to streamline B2B processes, and to move beyond the way things have always been done – especially when it comes to managing payments and cash flow – ePayables are gaining traction with financial professionals. Among the most important benefits for firms that adopt ePayables, said Gilman, are increased safety and security.

Innovation 116

Innovation Video Security Study 116

PYMNTS

JANUARY 7, 2020

Armis specializes in protection for the Internet of Things, which refers to the interconnection with the internet embedded in daily objects allowing them to send and receive data. According to Israeli financial news website Calcalist , Armis employs around 240 people in Palo Alto, California and Tel Aviv.

Software 131

Software California Capital Analytics 131

PYMNTS

APRIL 28, 2017

According to a press release , uncovering the intelligence and insights of these consumer calls can help enterprise and mid-sized companies optimize media spend and sales operations, driving more high-quality calls to their businesses and creating the opportunity to successfully convert more of those callers into customers.

Analytics 134

Analytics social media Innovation Training 134

South State Correspondent

MAY 18, 2023

The Start of Our Generative AI Journey “Tate,” a contraction of SouthS tate, was a brainchild of our Spark Innovation group, a team of 35 employees from various sections of the Bank brainstormed a use case, created personas, outlined a user journey, and then developed an action plan. That is an 11.6x

US 195

US Training Examples Data 195

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

FICO

FEBRUARY 14, 2023

Executives, digital innovators, DevOps leaders, and line of business leaders must come together to drive this transformation forward. Autonomy refers to the ability of components within an organization’s data architecture to operate independently from one another as business capabilities.

Trends 52

Trends Tools Data Innovation 52

FICO

JUNE 5, 2019

China Minsheng Bank Credit Card Center has used FICO® Blaze Advisor® decision rules management system to help grow its business by creating an intelligent, automated marketing system that delivers targeted offers, which have seen a 10 to 15 percent jump in response rates. Credit Card Growth - Response Rates Up, Costs Down.

Management 40

Management Cards Case Study Marketing 40

PYMNTS

OCTOBER 8, 2020

The voice commerce category continues to find ways to be innovative. Case in point: Israeli startup Touchless.ai recently introduced a new intuitive voice management solution that turns any interactive kiosk into a touch-free, easy-to-use interface. Subsequently the information can be texted to the user for later reference.

Google 161

Google Branding Millennials Technology 161

PYMNTS

MARCH 21, 2018

The bank announced news on Tuesday (March 20) that it launched a Digital Export and Import Payments solution, an addition to its existing YES TRANSACT Smart Trade suite of services to support exporters and importers in their global trade operations and payments. YES BANK said the tool could reduce payment turnaround time by 80 percent.

blockchain 100

blockchain Tools Payments Data 100

PYMNTS

MAY 5, 2017

Amazon continues to grow its operational footprint across the globe. operations. “By the end of this year, we will have more than 1,500 innovation-related roles here in Britain,” Doug Gurr, U.K. country manager for Amazon, told Reuters. Since 2010, Amazon reports investing some $8.3 billion in its U.K.

Video 109

Video Technology Operations Retail 109

Independent Banker

NOVEMBER 30, 2022

In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Swenson’s goal has been to create a team of individuals who can manage themselves but also function well together. LESS THAN $250 MILLION.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

JULY 24, 2019

In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. Maxine Waters of California said the merger, the largest in the sector since the financial crisis, may be “too big to manage.”.

Community 130

Community Massachusetts United States California 130

PYMNTS

AUGUST 20, 2018

But here’s the rub: The guilty verdict was made on the basis of A&P’s use of supply chain innovations to lower prices to consumers. Its failure to keep innovating in the face of new players that did was A&P’s downfall. There was one wholesaler for every 43 mom-and-pop operations. Lower prices. A&P destroyed A&P.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

JUNE 7, 2018

Finastra said this week at Money20/20 Europe that it is making the trio of core components tied to its FusionFabric.cloud platform available for open innovation, eyeing the drive to open banking. FusionOperate, as the name implies, offers a management system to deploy and operate the applications via cloud infrastructure.

Fintech 186

Fintech Comparison Innovation Analytics 186

PYMNTS

AUGUST 3, 2017

” Reports said the executive is referring to an ongoing review by the Basel Committee on Banking Supervision, and Winters added the decision to not restart dividend payments is “the cautious thing to do.” billion, though operating expenses also increased by 7 percent to $4.9 Revenues climbed 3 percent to $7.2

Payments 108

Payments Capital blockchain Regulation 108

PYMNTS

MAY 18, 2017

The rise in B2B FinTech has complicated the picture of treasury management, forcing it to rethink its position in the enterprise. The more payment, cash management, cash flow forecasting, ERP and other digital platforms integrated, the more difficult it can be for a company to envision its own financial health across all of this data.

Fintech 101

Fintech Risk Management Management Data 101

Insights on Business

FEBRUARY 19, 2016

This phenomenon is also being referred as an “ Uber moment ” in the banking industry. In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management.

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

JANUARY 28, 2020

The problem can be especially acute when it comes to financial institutions (FIs), said John Owens, general manager of Elan Credit Card , in a new podcast interview with PYMNTS. The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

MARCH 20, 2020

The more money in the proverbial bank, goes the thinking, the more money is on hand to deploy for strategic acquisitions, to leverage into R&D (and innovation) or simply weather an economic storm. Management has also said that Uber Eats is a segment in “early innings,” and gross bookings were up 73 percent.

Puerto Rico 172

Puerto Rico Seattle Conference Resources 172

PYMNTS

JUNE 29, 2016

finserv operations in Cuba, and Stonegate’s announcement, are beginning to spark chatter of a different sort. . Starwood will also be operating a state-owned hotel in Cuba. According to Seleski , American companies like hotels and airlines are readying to operate in Cuba. bank to issue cards that work in Cuba. .

US 102

US Cards Tools Operations 102

PYMNTS

DECEMBER 26, 2016

Look For Innovation In Unlikely Places. The payments space is rapidly expanding, and as new entrants continue join the fold, Weiss noted that there’s plenty of opportunity to discover innovation in unlikely places. This is a fundamental change to the way institutions have historically managed risk,” he explained.

Payments 125

Payments Innovation Bitcoin Tools 125

PYMNTS

OCTOBER 23, 2019

That’s just one example of how POS innovation is filtering down to the world of small and medium-sized businesses (SMBs) everywhere — and how, in turn, better POS technology and deployment are making for richer consumer experiences. All are big tasks for SMBs. How are you cashing out at the end of day?”

Retail 101

Retail System Mobile Innovation 101

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding.

Company 194

Company Meeting Millennials blockchain 194

Independent Banker

JANUARY 31, 2022

Under the newly launched partnership, Relyance refers customers to Southern Bancorp Community Partners for counseling. He cites findings from the Pew Charitable Trust that Americans who move out of the bottom quintile of poverty had greater savings, wealth and home equity than those who don’t manage to move up.

Community Bank 172

Community Bank Community Leadership Arkansas 172

Qudos Bank

FEBRUARY 15, 2024

Dame Stephanie – or “Steve” as she referred to herself to get past the gender issues of her time – had hit many glass ceilings when she decided to create a women-only high-tech software company in 1960s England. Manage with outcomes, not hours or locations. Even programming the black box flight recorder for the Concorde.

Leadership 52

Leadership Innovation Community Technology 52

PYMNTS

MARCH 30, 2017

Alternative lending was supposed to be the way SMEs broke through banking barriers to gain access to capital, enabling them to boost growth opportunities, investment options, commercialization of innovations and employment. But in the U.K., Another key factor may be recent legislation. and SME’s access to alternative sources of capital.

Lending 100

Lending Capital Operations Software 100

PYMNTS

JANUARY 8, 2020

It will pay to watch how the insurance industry undergoes innovation and disruption in the coming decade, thanks in part to digital tech, faster disbursements and even more focus on policies crafted for small and medium-sized businesses. The latest evidence in favor of that point comes from Aon. News broke this week (Jan. InsurTech Rising.

Trends 137

Trends Policies Capital New York 137

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. Small- to medium-sized ( SMBs ) are the backbone of the American economy: 30.7 They represent 99.9 percent of all businesses in the U.S., but they face many hurdles.

Fintech 177

Fintech Fraud Lending Regulation 177

Insights on Business

FEBRUARY 19, 2016

What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? This phenomenon is also being referred as an “ Uber moment ” in the banking industry. Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

Fintech 70

Fintech Innovation Lending Video 70

PYMNTS

MARCH 3, 2017

Rather, it is a question that takes shape as innovation comes, as it always does, consistently and constantly, to the payments world. Those firms, she said, have worked to develop innovative user interfaces or channels, with attendant focus on features or functionality and an eye on “taking away pain points” of traditional payments systems.

Payments 100

Payments Innovation System Risk Management 100

FICO

AUGUST 3, 2022

One customer told how they had been able to deploy user defined variables in FICO Falcon Fraud Manager to track and understand payment velocities. Innovative Customer Communications for Fraud. The Role of Data in Managing Fraud and Financial Crime Today was a session I had the pleasure to chair.

Fraud 52

Fraud Analytics Trends Innovation 52

Insights on Business

FEBRUARY 19, 2016

This phenomenon is also being referred as an “ Uber moment ” in the banking industry. In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management.

Fintech 93

Fintech Video Lending Industry 93

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. ” By enabling financial institutions to cross-reference invoices and other trade documents, financiers can mitigate this risk — thus, connecting SMBs to faster, more affordable capital.

Fintech 120

Fintech blockchain Data Capital 120

PYMNTS

JUNE 3, 2016

“Management competence is uninspiring at best. percent stake in the company, which explains why he is just so irate over a financial performance he referred to as “dismal.” “This solid foundation gives us the tools to innovate and create as we deliver long-term sustainable growth for all stakeholders.”

Leadership 100

Leadership Management US Tools 100

PYMNTS

JULY 31, 2020

Among those numbers: Operating cash flow increased 42 percent to $51.2 Operating income increased to $5.8 What that means is that we can flex into space normally used for second-half peak demand, despite the strong operating leverage in Q2. Most likely, merchandise managers will buy for in-store and online inventory.

Arkansas 143

Arkansas Video Retail Online 143

PYMNTS

JUNE 10, 2016

Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength of that conviction. Said charter will mean that Circle will face tighter scrutiny but great ease operating on a national scale. On some level, Circle’s move seems strange.

Regulation 100

Regulation National Austin Fintech 100