Bank Innovation

JANUARY 19, 2018

Startup Varo Money has raised $45 million for its plans to become a full-fledged, “national bank,” the startup announced yesterday. The funds will go towards marketing its service as well as for laying “the foundation” to become a bank, company CEO Colin Walsh told TechCrunch.

National 225

National FDIC Mobile Marketing 225

PYMNTS

JULY 22, 2019

Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. And there is no shortage of interest in the region in that ability, with particular interest coming from the financial services sector, the cryptocurrency markets and in the healthcare vertical. A Diversity Of Needs.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

JANUARY 21, 2020

The good news, said Carter, fresh off her most recent trip to the National Retail Federation (NRF), is that merchants and are very well aware that retail — and the role of physical retail in it — is changing. The latter is innovative; the former is, well, just a tweak. Testing Innovation . The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Trackers and Reports.

Online 148

Online Payments Millennials Apple 148

PYMNTS

AUGUST 7, 2019

Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). But what every big digital upgrade of the last decade or so has in common is an urban home base. “Our

Innovation 142

Innovation Metro Retail Online 142

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

NOVEMBER 30, 2020

The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” Outback Steakhouse created curbside take-away in early, and now we’ve applied that concept to gift cards just in time for the holidays,” Outback Chief Marketing Officer Danielle Vona said in announcing the initiative.

Innovation 150

Innovation United States Cards Study 150

PYMNTS

SEPTEMBER 8, 2020

But nowadays, “every decision that we make — ‘Should I go to the grocery store or should I order my groceries online and then pick them up from the curb? Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. And we see it as one of our responsibilities to bring those innovations to our merchants.”.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

JANUARY 1, 2021

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

MAY 4, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri.

Innovation 134

Innovation Los Angeles New York City Course 134

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 155

Innovation Mobile Trends Operations 155

PYMNTS

MAY 29, 2017

And as marijuana becomes less the exciting and elicit provenance of hardcore Grateful Dead fans and everyone’s burnout cousin and becomes more the provenance of mainstream customers, a problem is beginning to surface in the cannabis market, according to Socrates Rosenfeld, cofounder and CEO of Jane Technologies.

Online 156

Online Software Branding United States 156

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

SEPTEMBER 13, 2020

11), the finance ministers of Germany, France, Italy, Spain and the Netherlands said they asked the executive branch of the European Union (EU), the agency responsible for managing the day-to-day business of the EU’s 27 nations, to prohibit stablecoins until oversight challenges had been addressed, Reuters reported.

cryptocurrency 363

cryptocurrency Regulation Policies Conference 363

PYMNTS

OCTOBER 14, 2019

Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime, and fraudsters undoubtedly hope to raise those amounts. security standards from those in markets like Europe. AML and the problem of innovation. Bad actors also tend to use the U.S.

Strategy 109

Strategy Fraud Innovation Regulation 109

PYMNTS

APRIL 24, 2017

Kicking off this week’s grocery tracker, Whole Foods Market (WFM) shares hit their highest level seen since the summer of 2015 as activist investor Jana Partners puts the squeeze on innovation and pressures the organic grocer towards a possible sale. percent from Thursday’s close with a market cap of just over $11.6

National 108

National Retail Branding Course 108

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 100

Innovation Mobile Trends Operations 100

PYMNTS

DECEMBER 3, 2019

But a study from the National Restaurant Association found that just 18 percent of restaurants offer mobile ordering via their own apps, while 43 percent of consumers want such methods. Even so, innovators from third-party apps to restaurant chains themselves are offering mobile options that extend beyond delivery.

Innovation 130

Innovation Mobile Fraud Cards 130

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 100

Innovation Mobile Trends Operations 100

PYMNTS

OCTOBER 8, 2020

The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g. one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release.

Report 247

Report Fraud Risk Management America 247

PYMNTS

APRIL 23, 2020

Lloyds will look to both of these providers to help it create digital banking tools for its customers that will allow it to compete with the rising number of online-only FinTechs and challenger banks grasping at established FIs’ market share in the United Kingdom. The bank has designated $3.7 billion of its funds for this effort.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

JUNE 10, 2020

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. He argued that the pandemic did not create the market demand — it merely accelerated it. Great And Lasting Expectations.

Online 131

Online Florida Meeting Regulation 131

PYMNTS

JULY 22, 2019

While not exactly an empire yet, the online retailer launched its 13th store in New York City last month and it features the ability to use cash, answering a complaint that’s been lodged at unattended retail generally. In India, online fashion company Myntra opened a cashierless store, selling items from its Roadster outdoor lifestyle brand.

Innovation 125

Innovation San Francisco Retail Study 125

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

MAY 19, 2020

Inmar Intelligence , one of the leaders in digital couponing, reported last week that enrollment in digital coupon programs among the top 30 percent of national grocery chains has grown 93 percent year over year since March 1. Digital coupon redemption in March increased 56.5 percent industry-wide year over year.

Branding 239

Branding Retail Meeting National 239

PYMNTS

JUNE 16, 2017

As such, it would behoove retailers to invest wisely in incorporating social media strategies into their overall marketing campaigns. For the Chinese buyer in particular, social media engagement and online shopping activities takes on a unique avenue. Unveiled at Asia’s CES event last week, the Consumer Technology Assn.’s

Study 119

Study Online social media Retail 119

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

Cards 159

Cards Branding Customer Experience Innovation 159

PYMNTS

JULY 17, 2018

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

Hawaii 100

Hawaii Marketing Report Texas 100

PYMNTS

JANUARY 20, 2021

Matt Carpenter, senior vice president and market director of Elan Financial Services , explores how his firm has responded to the drastic changes the pandemic has brought to the financial landscape and the world at large. "We Throughout the pandemic, payments have been an invaluable tool to connect, support and enact change.

Payments 178

Payments Innovation Tools Cards 178

PYMNTS

JANUARY 17, 2021

This will mark Figure’s fifth online financing facility, in which the company has closed almost $1.5 Morgan will help us continue to innovate in the lending space,” said Mike Cagney , CEO and co-founder of Figure, according to the release. “We billion, in partnership with numerous banks and facilities, including Jefferies.

Lending 199

Lending blockchain National Payments 199

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Singapore’s Fast and Secure Transfers (FAST) scheme also received a 4 score on the innovation scale, which focuses on accelerated inter-bank transfers as well as direct debits.

Innovation 101

Innovation Payments System Operations 101

Perficient

FEBRUARY 13, 2021

These predictions are in light of the five themes I see for 2021: Telehealth as a competitive advantage, New insurance markets, More self-service digital triage tools, Mega-mergers of vertically integrated health delivery models, and. In part, this is because so much innovation ( small “i”! ) Virtual Health Isn’t All Plug-and-Play.

Tools 520

Tools Marketing System Strategy 520

PYMNTS

AUGUST 11, 2020

Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. Kount added that this means its business customers “are able to optimize marketing and sales efforts, personalize customer experiences, and reduce the time spent vetting prospects.”.

Fraud 234

Fraud Industry Idaho Customer Experience 234

PYMNTS

JUNE 26, 2020

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. FACILE will be marketed as a competitor to other digital-only banks making headway in the U.S.,

Meeting 227

Meeting Mobile Digital Banking Tools 227

PYMNTS

JANUARY 25, 2021

a circumstance that almost certainly relates to the pandemic’s severity in the nation. consumers now prefer making their purchases online, and the majority of them want digital-native experiences. consumers want better buy online, pickup in store (BOPIS) options. Data shows that 46 percent of U.K.

Study 222

Study United States Online Innovation 222

PYMNTS

APRIL 23, 2019

Selling fast food these days is not exactly for the faint of heart, given how the industry faces extreme — and increasingly online — competition for the consumer dollar. To drive home the marketing message, the burger was priced at $4.20. QSR Innovation. The latest? Combining cannabis culture with hamburgers. Denver CBD Burger.

Innovation 122

Innovation Denver New York City Mobile 122

PYMNTS

OCTOBER 16, 2018

The deal, which represents Walmart’s largest ever acquisition, is a crucial step in grabbing a strong foothold in India’s rapidly growing retail market, where over 300 million consumers have smartphones today, and where the median consumer age is 28. Walmart is forecasting 35 percent online business growth for next year.

Innovation 128

Innovation Meeting Retail Arkansas 128