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.

Regulation 210

Regulation Industry Management Data 210

PYMNTS

NOVEMBER 23, 2020

For purposes of this analogy, the “basement” into which bad mice are creeping is most likely your legacy payroll/expense management software and its possibly compromised connections. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

System 165

System Management Tools Cards 165

PYMNTS

NOVEMBER 12, 2018

However, these professionals have their own ideas about where corporate payments innovation should be headed. A new report from BNY Mellon , “The Future of Payments: A Corporate Perspective,” surveyed a few corporate clients of the institutions’ Treasury Services unit.

Innovation 111

Innovation Payments Survey blockchain 111

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil. Throughout the countries we surveyed, RTP usage shows no signs of slowing.

Survey 52

Survey Payments Fraud Management 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Survey Findings: Digital Dominates, But Customer Experience Remains Important. Some Consumers Lack Confidence in Bank Security, Dissatisfied.

Survey 52

Survey Fraud US Customer Experience 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Survey Findings: Digital Dominates, But Customer Experience Remains Important. Some Consumers Lack Confidence in Bank Security, Dissatisfied.

Survey 52

Survey Fraud US Customer Experience 52

FICO

MARCH 9, 2022

Our survey showed a positive outlook for banks and card issuers investing and innovating significantly in the digital space. Our survey revealed that the primary fraud concerns for the UK banking population do not match the kind of fraud that is having the biggest impact in the UK. The impact on consumers has been twofold.

Customer Experience 59

Customer Experience Survey Fraud Cards 59

PYMNTS

DECEMBER 30, 2016

Still, researchers have found, many businesses do just that: RedSeal released a report this month that described the state of corporates’ approach to enterprise security as one of “cyber naïveté,” with many executives believing that their existing strategies are sufficient to ward off a cyberattack.

Fraud 145

Fraud Security Survey Technology 145

PYMNTS

JANUARY 30, 2018

In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more. So, while innovators continue to explore blockchain and design new solutions built on distributed ledger infrastructure, other companies have taken the testing of these new solutions to task.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

JUNE 22, 2017

A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. The company recently published a new eBook , Managing The Risk Of Fraud: The View From Corporate Finance, in which Vesta and CFO Research surveyed 155 senior-level finance executives in the U.S.

Fraud 108

Fraud Innovation Survey eBook 108

PYMNTS

JUNE 10, 2020

A recent survey found that 40 percent of respondents expect to bank in person at branches once it becomes safe to do so, implying that the remaining 60 percent may cling to digital services. They need to thoroughly vet new customers and comply with security obligations to prevent crime from proliferating. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

SEPTEMBER 19, 2017

According to Finastra and Celent, there are a several key factors at work driving corporate banks to shift their strategies: digitization and omnichannel platforms, FinTech innovation and transformation of legacy systems.

Innovation 108

Innovation Survey blockchain Lending 108

PYMNTS

JANUARY 28, 2021

Quick And Seamless Security. Any friction during this process, regardless of channel, spells doom for the FI and will likely result in an unopened or incomplete account,” Douglas Brown senior vice president and general manager NCR Corporation, told PYMNTS. Consumers Getting Wise To Scams. More digital-first FIs are catching on.

Fraud 244

Fraud Survey Digital Banking Security 244

PYMNTS

OCTOBER 18, 2018

In a press release , Mastercard said it is making the changes due to advancements in technology and security. Based on a survey in the U.S., The survey also found that more than half of respondents believe they are secure without signing the cards. Mastercard, the payments company, announced on Thursday (Oct.

Cards 218

Cards Survey Security Fraud 218

PYMNTS

AUGUST 1, 2018

As corporate treasurers grapple with the ever-increasing demands of their role in the enterprise, many of their new responsibilities involve complex management of finances, particularly when it comes to foreign exchange (FX) risk exposures — especially in today’s volatile times.

Management 101

Management Strategy Survey Marketing 101

Cisco

SEPTEMBER 8, 2020

As mentioned in the first blog in this series, we are likely experiencing a watershed moment in financial services where innovation arising from new customer and employee experiences will become the new sustainable ‘muscle memory’ for many institutions.

Security 65

Security Data Operations Innovation 65

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

AUGUST 27, 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.

Video 164

Video Security Innovation Study 164

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which found that 59 percent of companies surveyed said they have experienced a data breach caused by their vendors or third parties.

Data 195

Data Risk Management Resources Survey 195

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Then, there was sudden exponential growth in innovation.

Security 100

Security CA Payments Big Data 100

Abrigo

FEBRUARY 3, 2020

Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need. financial institutions, according to Bank Director magazine’s latest survey of CEOs, executives and directors for its 2019 Technology Survey.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. Phishing attempts threaten many firms’ security operations, often tricking employees into revealing email addresses, login credentials, passwords or other sensitive details.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

AUGUST 13, 2019

Even so, the trade group said that “with fewer families surveyed saying they have children in grades K-12, spending is expected to total $26.2 College is also a notable location for the rise of other retail innovation — including technology that is changing the quick-service restaurant (QSR) word, mobile order-ahead.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Accountants themselves, though, often struggle with technology adoption.

Management 134

Management Fintech Tools Technology 134

PYMNTS

DECEMBER 3, 2018

Like many positions in corporate finance, the role of chief financial officer (CFO) is facing new pressures in a climate of innovation and novel challenges, from cybersecurity to geopolitical events. Sixty-three percent of CFOs said their teams are resisting digital innovation, according to EY research of CFOs across 25 different countries.

Analytics 187

Analytics Survey Innovation Data 187

PYMNTS

OCTOBER 19, 2020

As the world has moved toward more digital means of shopping, the process of verifying identities has become more important to customers, a recent PYMNTS survey found. And the survey cites statistics that an overwhelming number of North American and European consumers expect their digital transactions to be frictionless, secure and quick.

Survey 161

Survey Management Report Groups 161

PYMNTS

JULY 24, 2019

According to a recent survey , 90 percent of businesses now expect real-time payments – but, as with many innovations, there is a gap between expectations and reality. percent of surveyed AP professionals paid invoices via paper check. FIs do see the benefits, according to a survey by Citizens Commercial Banking.

Payments 167

Payments Survey Community Bank Fraud 167

PYMNTS

DECEMBER 1, 2017

The latest survey by Capital One suggests treasurers still have an appetite for new tools and technologies. Capital One’s Treasury Management Services published its latest survey at the Association of Financial Professionals’ annual conference, held last month.

Tools 100

Tools Capital Mobile Survey 100

Cisco

DECEMBER 14, 2020

55% can only go without a mobile device for up to 4 hours before they find it difficult to manage tasks in their everyday life. It’s evident that the penalty for poor application experience is very high, with over 49% of surveyed users stating they have switched suppliers due to poor digital experience.

Customer Experience 78

Customer Experience Innovation Branding Study 78

PYMNTS

MARCH 11, 2020

Together, we aim to continue disrupting the payment, tech and mobility industries with innovative solutions that can improve the lives of millions.”. A Wirecard consumer survey indicated that more than 90 percent of Southeast Asian shoppers have purchased goods online and in-store using some type of digital payment.

Survey 131

Survey Mobile Regional Groups 131

PYMNTS

DECEMBER 11, 2018

In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. Indeed, concerns over digital disruption and readiness are threaded throughout the top-1o list.

North Carolina 163

North Carolina Survey America Big Data 163

PYMNTS

JANUARY 29, 2019

and Europe told Bitdefender in a separate survey that their budgets are large enough to accommodate the security for which infrastructure calls. This past year, privacy and data protection importance increased dramatically,” said Cisco Chief Privacy Officer Michelle Dennedy in a statement announcing the survey results.

Training 148

Training Survey Compliance Data 148

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. The Deep Dive also highlights innovative fraud detection technologies that FinTechs and other businesses are employing — such as artificial intelligence (AI), machine learning (ML) and dynamic biometrics — to thwart criminals.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

JANUARY 16, 2019

The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region. The service will debut at the end of March. IoT Gains Traction With Blockchain.

blockchain 206

blockchain Taxes Security Survey 206

Gonzobanker

JULY 8, 2022

Today, banks have no choice but to look more like tech companies: tech companies are offering banking services, innovative financial institutions are deploying banking as a service (BaaS) offerings, and digital transformation is dominating the strategic priorities of most financial institutions. Challenges Facing Today’s CIO.

Resources 146

Resources Leadership Technology Management 146

PYMNTS

FEBRUARY 5, 2020

Recent surveys have found that many bankers and small business (SMB) owners are unaware of how to use business-to-business (B2B) APIs securely and optimally. A survey of Hong Kong and Singaporean bankers, for instance, found that 23 percent are wary of adopting APIs because of unclear regulations. Around The B2B API World.

Payments 195

Payments Charlotte Survey System 195