PYMNTS

APRIL 4, 2019

As far as made-up, non-holiday holidays go, you could probably do worse than National Burrito Day , which takes place on Thursday (April 4). Even so, 62 percent of customers said innovations would make them more inclined to visit QSRs in the future, according to the latest PYMNTS Restaurant Readiness Index. Chipotle’s Digital Gains.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

JANUARY 28, 2021

They have helped smooth COVID-19 pandemic-induced economic shocks, increased the resilience of developing nations throughout 2020, and they present a potential lifeline for recovery in 2021 and beyond. It links individuals worldwide, but it also has the effect of contributing to economic, social and political interdependence between nations.

Innovation 294

Innovation Marketing National Report 294

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

National 165

National Fintech New York Exercises 165

PYMNTS

DECEMBER 9, 2020

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

NOVEMBER 6, 2019

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. Robotics VP Brad Porter said the company has 100,000 robot systems throughout its 25 fulfillment centers in the U.S.

Boston 161

Boston Innovation Massachusetts Maine 161

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. The IT revolution knows no borders and therefore has repercussions in multiple locations simultaneously.

Innovation 155

Innovation Trends Technology America 155

PYMNTS

JULY 27, 2020

It’s a landscape that has created an opportune environment for technological innovation. Like incumbent banks, some of the nation’s largest and oldest insurance companies have struggled to modernize in light of outdated infrastructure and workflow patterns that often resist any effort to change. .

Innovation 247

Innovation User Experience Industry Fraud 247

PYMNTS

SEPTEMBER 16, 2019

These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion. The projected share of U.S.

Innovation 192

Innovation Mobile Groups Indiana 192

Abrigo

AUGUST 6, 2019

The Financial Crimes Enforcement Network (FinCEN) is tasked with protecting the financial system both within the United States and internationally. Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Regulation 349

Regulation National System Industry 349

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

National 122

National Innovation Customer Experience Payments 122

PYMNTS

OCTOBER 10, 2019

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. The regulator made the remarks at the Finopolis forum of innovative financial technologies.

National 100

National cryptocurrency Study Comparison 100

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. The system can scan up to five people for fevers in real time as they pass through the entrance, and it sends measured temperatures to staff.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

MARCH 3, 2020

Whether embracing development and adoption of new payment rails or developing solutions for legacy versions, the latest in payments innovation is all about speed – even for corporate payments. The Instant Payment System (SPI) will centralize settlements for PIX, reports noted, with participation mandatory for all FIs in the country.

Innovation 130

Innovation Payments blockchain National 130

PYMNTS

SEPTEMBER 24, 2019

With a lot of technology and technical innovation,” said Cohen, “people are always looking at it from a particular point of view, and that lens and those glasses – rose-colored or otherwise – are coming from a very specific individual with priorities and use cases in mind.”. Toward an Interoperable ID System.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

AUGUST 1, 2019

With upgrades to its mobile app and new product offerings, Dunkin’ Brands grew its digital and delivery platforms while rolling out menu innovations with broader customer appeal in the second quarter. He said the company worked closely with Grubhub along with its franchisees to create a delivery system with point of sale (POS) integration.

Innovation 122

Innovation New York City Branding National 122

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. Simply explained, Aura Vison software plugs into a store’s existing camera system — the whole integration takes about 15 minutes, according to Martinho-Corbishley. Data Blocks.

Retail 118

Retail Innovation Video Data 118

PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. According to a new study from the National Restaurant Association and Technomic, 22 percent of consumers used kiosk ordering last year. Loyalty, too, is a source of innovation.

Innovation 153

Innovation Retail New York City Minnesota 153

PYMNTS

MARCH 23, 2017

But what happens when the prime mover behind the theft is an actual nation? Acting not against individuals, but another nation? The money made its way to the Philippines after infiltrators used international bank access codes tied to the SWIFT system, and not by “breaking” into the Fed’s bank itself.

National 103

National New York System Operations 103

PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. The essence of every week is reviewing business performance and forecasts, discussing opportunities, predicting and mitigating risks, looking for small openings for transformation and innovating. My weekend, however, is at home.

Innovation 190

Innovation Payments Compliance Risk Management 190

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Digital innovation enhanced the company’s Q1 earnings performance, which surpassed analyst’s predictions.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

MAY 29, 2019

According to the Making Instant Pay Global Playbook , public utility companies are innovating their payment methods to include online and mobile options to meet consumer demand and stay competitive. Like Southern Company Gas, National Grid also wanted to build a mobile payment app but was held back by legacy infrastructure.

Innovation 145

Innovation Mobile Company Payments 145

PYMNTS

OCTOBER 11, 2018

In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay. Vipps, which offers the BankAxept national payment system, is owned by banks in Norway, and processes eight out of 10 card purchases made in stores in the country.

Security 125

Security System Samsung Payments 125

PYMNTS

AUGUST 31, 2017

With initiatives like the Faster Payments Task Force and the Secure Payments Task Force, the Fed is pushing for innovation and progress in the nation’s payments infrastructure and market. Technology provides the opportunity to make big changes in how end-users use the payment system.”. payments system via faster payments.

Innovation 162

Innovation How To Payments St. Louis 162

CFPB Monitor

JULY 27, 2020

The OCC issued a letter last week stating that “a national bank [and a federal savings association] may provide. A national bank should consult with OCC supervisors as appropriate prior to engaging in cryptocurrency custody activities. The letter states that the OCC.

National 113

National cryptocurrency Risk Management Regulation 113

PYMNTS

JANUARY 30, 2019

In addition, Central JD Fintech is introducing the Dolfin wallet in Asia , and AMS Public Transport Holdings Limited along with AlipayHK is launching a minibus mobile payment system also in Asia. The system integrates payment processing with a point of sale (POS) for merchants operating online and in physical stores.

System 122

System Fintech United States Big Data 122

PYMNTS

MAY 8, 2018

Small businesses (SMBs) prefer not to seek funding to finance their innovative endeavors, according to new research from BMO Wealth Management , which suggests SMBs are missing out on opportunities to drive growth. 1 necessity for an entrepreneur’s innovative initiatives. National Head of Wealth Planning Tania Slade in a statement.

Innovation 119

Innovation Survey Tools Management 119

PYMNTS

DECEMBER 4, 2020

The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement.

cryptocurrency 152

cryptocurrency Bitcoin National US 152

PYMNTS

SEPTEMBER 10, 2018

In this report, an urgent call to action for mainstream health systems to begin integration of substance use health services was afforded an entire chapter, and the industry leaders in this Alliance have responded in unprecedented fashion to that call.”. . In late 2016, the U.S.

System 100

System Payments America Study 100

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. has only a minimal reliance on paper paychecks, with direct deposit via the nation’s Bacs payment service commonplace. Speeding Up Wages.

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

JULY 16, 2019

Silicon Valley’s Ondot Systems has developed a new cloud service for debit and credit card issuers that offers a great user experience while also being fast, easy and accessible, Ondot said in a press release.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

JANUARY 24, 2018

Or, in a more long-winded fashion, that nimbleness which brings together new and existing rails, melding legacy systems with new layers of functionality. Call it agility. A bank or FI has a limited capacity for technology investments, at least internally. The opportunities are there for all players within banking.

Innovation 139

Innovation Payments Operations Marketing 139

PYMNTS

MARCH 17, 2020

Speed drives innovation, particularly in payments. In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions. Explore all of the latest initiatives below. Hungary Welcomes Instant Payments.

Payments 245

Payments National blockchain System 245

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation.

Fintech 211

Fintech San Francisco National Innovation 211

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. AML and the problem of innovation. Starting an innovation battle can be more difficult than expected for banks, in part because of how U.S.

Strategy 109

Strategy Fraud Innovation Regulation 109

PYMNTS

AUGUST 6, 2019

would be the latest nation to develop and launch a nationally available real-time payments system. The system, which will be called FedNow, is designed to bring real-time payments capability to the market as a whole, and pick up the pace of money flows nationwide (and beyond).

National 219

National Innovation Payments System 219

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