PYMNTS

OCTOBER 4, 2019

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. ClassPass CEO: How Digital Platforms Have Innovated Health, Fitness.

New York 122

New York Industry Knowledge Base Payments 122

Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

Conference 221

Conference Strategy Innovation Industry 221

PYMNTS

JULY 1, 2020

have established an $800 million fund to boost trade finance in emerging markets. Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement. The International Finance Corp. (

Marketing 232

Marketing Washington New York Fintech 232

PYMNTS

JULY 1, 2020

have established an $800 million fund to boost trade finance in emerging markets. Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement. The International Finance Corp. (

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

JANUARY 22, 2018

With Uber, for example, cars must have four doors and be newer than 15 years old to operate on their platform. Lyft has similar requirements, too, although cars must be no older than 12 years on its platform, unless a driver operates in certain coverage areas. Many, but not all, cars meet Uber and Lyft’s standards.

Wisconsin 132

Wisconsin New York Los Angeles New York City 132

PYMNTS

AUGUST 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. And things are getting much more mobile and digital – a trend that promises to play out in the new decade. That includes not only operations in the U.S.

Innovation 124

Innovation Trends Retail New York City 124

PYMNTS

MAY 2, 2019

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” We’re always looking to innovate and disrupt,” Singh said.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

DECEMBER 11, 2019

The New York State Department of Financial Services (DFS) is proposing revised rules for the listing of new virtual currencies and will review the state’s BitLicense , the regulator announced in a press release on Wednesday (Dec. DFS Superintendent of Financial Services Linda A. Comments are due on Jan.

New York 132

New York Regulation cryptocurrency Meeting 132

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

Bitcoin 165

Bitcoin New York United States Leadership 165

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

JUNE 4, 2019

Lyric is not a firm looking to ask for forgiveness rather than permission when it comes to entering new markets in the way Uber and the various firms it inspired have. “We The startup is fully compliant in all 13 cities it operates in, he said. “We Washington D.C.

Compliance 109

Compliance Innovation New York San Francisco 109

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. Women have become involved in all facets of the legal cannabis operations across the United States and Canada. and Canada. Big Retail. Size also matters in this young industry.

Retail 121

Retail Innovation Colorado Payments 121

PYMNTS

SEPTEMBER 30, 2020

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. The world’s largest retailer is also on a hiring binge in Singapore.

Denver 243

Denver Dallas United States New York 243

South State Correspondent

JANUARY 4, 2023

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

FEBRUARY 21, 2020

Uber has been testing a similar tie-up with Cargo , an advertising startup in New York that shares ad revenue with the ride-hailing company. Halo Cars is still very small and operates in only a few cities. Lyft’s active riders grew 23 percent year over year to reach a new high of 22.9 million in Q4, compared to around 18.6

New York 182

New York Innovation Company Operations 182

PYMNTS

DECEMBER 1, 2017

A fact that people like Tim Gunn and Brian Beitler, chief marketing officer of Lane Bryant , says is true on paper, but overlooks the reality of plus-size women’s fashion. The small, new, innovative players are generally beating out the big behemoths that are sort of stuck in the old way of doing fashion retail.”.

Marketing 135

Marketing New York Los Angeles Branding 135

PYMNTS

APRIL 23, 2019

To drive home the marketing message, the burger was priced at $4.20. Recess , a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City. QSR Innovation. reportedly sold out of a burger whose “Santa Fe Sauce” contained cannabidiol (CBD).

Innovation 122

Innovation Denver New York City Mobile 122

PYMNTS

NOVEMBER 8, 2019

Instead, he decided to create his own, believing there was a better way to do luxury goods secondhand than what was already on offer in the market. million seed round, as the latest entrant hoping to capture the secondhand luxury market. Wardrobe recently launched from its public beta, powered by a $1.5

Innovation 109

Innovation social media Metro New York 109

PYMNTS

APRIL 27, 2018

There’s a rule of thumb at fast food and quick-serve restaurants (QSR): a seven-second reduction in customer wait time results in an average 1 percent gain in market share. Interestingly, the 20 percent middle-of-the-road innovators had a kiosk implementation rate of just 25 percent, according to PYMNTS’ report.

Innovation 105

Innovation Study Google Survey 105

PYMNTS

MAY 9, 2017

Most people did not consider 2009 an ideal time to start any kind of small business — the credit markets had more or less squeezed shut, a staggering number of Americans found themselves on the unemployment rolls and the economy seemed like it might be on the brink of ruin. with international locations in the Dominican Republic, U.K.

Innovation 100

Innovation social media Community New York 100

PYMNTS

AUGUST 3, 2017

Or at least one could have had they been at a Tim Hortons on July 1 in one of three American states (Ohio, Michigan and New York) with a desire to celebrate Canada Day so burning they were willing to consume a honey dip donut covered in cheese curds, potato wedges and gravy. One can even buy a poutine donut, if they so desire.

Innovation 101

Innovation Mobile Michigan Ohio 101

PYMNTS

SEPTEMBER 12, 2016

And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. It was apparently the yogurt innovation the American public didn’t know it needed. market by about seven years. Innovation-Minded. was Greek yogurt.

Innovation 100

Innovation New York United States Retail 100

PYMNTS

JANUARY 27, 2020

grocery market at approximately 3.5 With the expansion, food retailers are feverously working to adapt their operations as they take on the jobs shoppers once did such as selecting groceries and bringing them to their houses. The firm, which is now based in New York, was started in 2015 in Tel Aviv.

Online 141

Online Regional New York Retail 141

PYMNTS

MARCH 11, 2020

CIBO Express Gourmet Market, owned by hospitality group OTG, is located at Newark Liberty International Airport Terminal C, with more locations to follow in Newark and at LaGuardia Airport. OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C., Philadelphia and Toronto. “OTG

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

PYMNTS

SEPTEMBER 23, 2019

billion people, The New York Times reported on Sunday (Sept. As China increasingly becomes a market economy, the government is becoming more concerned about improper conduct in the marketplace. Big Brother will keep an eye on Chinese businesses as the government’s social credit system compiles data on the country’s 1.4

Taxes 177

Taxes New York System Training 177

PYMNTS

OCTOBER 1, 2020

The Small Business Digital Readiness Diagnostic tool is intended to expand the New York-based global financial services company’s Digital Doors curriculum, which promises to ensure businesses have the right devices to maximize their digital presence. “In

Tools 262

Tools Cards Guidelines Online 262

Insights on Business

APRIL 2, 2019

The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Progressive approach to payments modernization.

Payments 125

Payments New York City Fraud New York 125

PYMNTS

NOVEMBER 20, 2019

The move will help Aon get access to the $200 billion digital insurance market, as well as the ability to use CoverWallet’s platform to create client-forward initiatives to help with the company’s overall growth strategy. . “We The company has three offices in New York State and one in Spain. .

Analytics 100

Analytics New York Leadership Groups 100

PYMNTS

APRIL 21, 2020

Halfway through the year, the company began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. GM said the decision came down to an evaluation of how the service was doing. Early in 2019, the head of Maven left her post.

New York City 140

New York City Boston Chicago Washington 140

PYMNTS

OCTOBER 23, 2019

According to reports , the funding round also had participation from Playground Ventures, Temasek, Aleph, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors and La Maison. The company was started in 2015 in Tel Aviv and is now based in New York. So far, Fabric has raised $136 million.

New York 100

New York Operations Retail Resources 100

PYMNTS

JANUARY 8, 2020

The partnership expands upon several years of blockchain investments by Mediaocean, and strives to put end-to-end advertising campaign control back into the hands of marketing firms and ad agencies. With Amino Payments, Mediaocean’s applications will enhance the end-to-end “PO to payment” view of contractual media commitments.

New York City 130

New York City blockchain Philadelphia New York 130

Bobsguide

JULY 21, 2022

LONDON, 11 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced strong growth during the first half of 2022, a year after TradingScreen and Imagine Software merged to become TS Imagine. Piuter Kogan, Global Head of Infrastructure : Based in New York.

New York 87

New York Software Capital Leadership 87

PYMNTS

NOVEMBER 30, 2020

30) and would value the New York-headquartered startup at more than $1 billion, the sources said. Shopify teamed up with Kustomer in July to advance more efficient operations. Some fear that innovation could suffer if regulators come down on mergers and acquisitions.

New York 140

New York Software Capital Regulation 140

PYMNTS

SEPTEMBER 17, 2020

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. A ‘League’ Of Their Own . billion by 2025.

Online 168

Online Indiana New York Nevada 168

NCR

FEBRUARY 21, 2017

The PIN system was licensed by future entrants into the ATM market, such as NCR. The decades following the advent of the ATM brought considerable growth in this new form of banking. The country’s first machine was installed at the Chemical Bank branch in Rockville Center, New York, in September 1969.

ATM 85

ATM Innovation New York City New York 85