PYMNTS

DECEMBER 7, 2020

PYMNTS has embarked on an ambitious global study of four key markets around the world — the United States, Australia, the United Kingdom and Brazil — to assess the impact of these regional conditions and what they mean for merchants, whether they are based in one of these countries or looking to expand their presence there.

Data 191

Data Study Online United States 191

South State Correspondent

FEBRUARY 20, 2023

Unfortunately, banking is challenging to study, and some banks inadvertently ignore their significant competitors. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Scale, security, and innovation are all linked to better information technology design and implementation.

National 195

National Lending How To Community Bank 195

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

NOVEMBER 20, 2020

The study found that 25.8 percent of those living in larger cities have pivoted to ordering online from restaurants that have traditionally offered table service, while 16.3 Seventy percent of consumers now wish to order digitally for delivery, according to a study , while 57 percent say they have downloaded delivery apps to do so.

Mobile 210

Mobile Regional Study Survey 210

PYMNTS

JULY 22, 2020

A study from AppsFlyer and Google found that global ATM use had decreased by 50 percent since the beginning of the outbreak as social distancing and stay-at-home orders have increased customers’ reliance on mobile apps and online banking options rather than ATMs. Deep Dive: The Post-Pandemic Future Of The Financial Industry.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

OCTOBER 9, 2020

The study also validates the rise of live-selling, or broadcasting of live videos featuring products. Overall, the number of live-sales in the region increased nearly 67 percent, thanks to the heaviest usage among shoppers in Singapore and Thailand. Customers are indeed looking for a new experience online or in-store.

Branding 221

Branding social media Video Strategy 221

PYMNTS

FEBRUARY 4, 2020

GDPR and PSD2 have significantly shifted how EU banks and businesses exchange online funds and consumer data. Numerous regions then announced internal deadlines for compliance that often diverged from their neighbors’ deadlines. SCA Questions Stall Innovation. Its authentication requirements were robust, yet confusing.

Fraud 144

Fraud Regulation Compliance Innovation 144

PYMNTS

JULY 1, 2020

“Banks are spending approximately 15 percent of their yearly operating budgets on technology upgrades, according to one study, and there has been an increase in partnerships between third-party cloud technology providers and global FIs eager to enhance their online platforms. Cloudy, With A Chance of Innovation.

System 268

System Digital Banking Tools User Experience 268

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. billion people – will likely be using online and mobile banking services by 2024. We've got to do more of it.”.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. Islamic Finance Growth.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

DECEMBER 31, 2020

A PYMNTS staffer recently placing a digital order from New England regional grocery chain Big Y noticed a surprising change to the supermarket’s online options. By autumn 2020, consumers' propensity for grocery shopping online was growing faster than their propensity for either retail shopping online or ordering food online.

Online 235

Online Regional Data Study 235

Bank Innovation

APRIL 26, 2017

According to the Global Threat Report released today by NTT Security, finance is in the top three industries at risk of cyberattacks across the globe — or at least for the regions included in the study (North […].

Regional 186

Regional Study Security Industry 186

PYMNTS

MARCH 3, 2020

Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. A recent study found that 75 percent of this generation’s members visit financial institutions (FIs) at least once per month.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

JUNE 4, 2020

In PYMNTS’ June edition of The Digital Payments In A Digital World Playbook done in collaboration with Wirecard , we learn that “digital shifts in regions like the EU and the U.S. are somewhat expected, with consumers in both [regions] more frequently interacting with financial and payment providers through digital channels.

Payments 132

Payments Regional America Mobile 132

PYMNTS

MAY 23, 2019

In Europe, parliament recently approved a regulation for more consumer protections, one that seeks to prevent unfair trading practices within the region. How FashionPass is Innovating Clothing Rentals. To learn more about how Kiwi.com is innovating payments for better customer service, visit the Playbook’s case study.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

OCTOBER 10, 2019

In fact, one recent study found that 71.2 Financial institutions (FIs) need to keep watch for newer schemes as they seek to prevent different forms of fraud, such as money laundering, on their online platforms. Regulators as well as banks are searching for ways to keep launderers and other fraudsters out of online banking.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

MARCH 26, 2019

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. When a consumer places an order by voice, it comes through the same ordering channel that an online or mobile order would.

Technology 121

Technology Maine Study Google 121

PYMNTS

JUNE 20, 2019

Employers are, therefore, more heavily reliant on digital tools and technologies to accommodate this new online workforce. In the June edition of the Payments And The Platform Economy Playbook , PYMNTS looks at how new digital technologies and online payment methods are filtering into the working world as the freelance sector grows.

Payments 147

Payments Online Case Study Security 147

PYMNTS

SEPTEMBER 25, 2017

Australia is now the Asia Pacific region’s second-largest alternative finance market, largely due to a favorable regulatory climate, according to new KPMG analysis. 22) said that a survey of 600 online alternative finance firms across the Asia Pacific found that Australia’s market grew 53 percent in the last year alone.

Lending 100

Lending Regional Analysis Survey 100

CB Insights

SEPTEMBER 26, 2018

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

Innovation 73

Innovation Cleveland New York New York City 73

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. “Basics like credit card terms, and benefits and services, are the lowest-scoring factors in our study. Eika Invests In Corporate Card Innovation. A recent report from J.D. According to its inaugural U.S.

Cards 101

Cards Innovation Tools Study 101

PYMNTS

OCTOBER 9, 2019

Payments and other forms of innovation and disruption are taking place as the gig lifestyle spreads across the world and seeps ever further into the daily lives of consumers while becoming more critical to business. The reliance on cash in many of the markets served by UReed, Alhassan said.

Regional 122

Regional Trends Cards Millennials 122

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

MARCH 11, 2016

MPD CEO Karen Webster recently hosted a live digital discussion with Martin Schrimpff, Co-Founder of PayU , during which they addressed the necessity for a unique approach to payments in the region, and how to turn challenges into opportunities across the continent. In Brazil, 80 percent of all transactions involve installments.

America 100

America Payments Fraud Case Study 100

Abrigo

MAY 20, 2015

A recent American Banker article, “ Beyond Apple Watch: Banks Explore Apps for Other 'Things' ,” provided some additional insight to the ways in which banks, credit unions and their vendors are preparing for the day when everything is “smart” and connected online. That convenience is key to the customer, likely making him/her a happy one.

Apple 150

Apple Comparison Mobile Innovation 150

PYMNTS

JUNE 9, 2020

Right now, at least as found recently in the PYMNTS/PSCU collaboration , “Credit Union Innovation Playbook: Challenger Banks Edition,” CUs face some competitive pressures. . He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

JANUARY 25, 2017

With plans to release the second edition of their Americas study, which will explore alternative finance across North, Central and South America, industry experts plan to add new data to the debate over the resilience of alternative finance.

America 100

America Lending Regulation Regional 100

PYMNTS

JUNE 19, 2018

In fact, early evidence suggests that changes in cyber threats and online ad buying are already taking place in the weeks since the GDPR became official. Along with that will come evidence of innovation tied to the changes brought about by the privacy regime — for instance, revisions to marketing budgets or new programs.

Regulation 101

Regulation eBook social media Case Study 101

PYMNTS

DECEMBER 27, 2016

The world of global payments is evolving rapidly — driven by an increasingly global economy, expanding consumer buying power in regions like Asia and South America, rising adoption of digital payment methods and increasing concerns over security and transparency. Over 1 million international students studied at U.S.

Payments 113

Payments eBook Regional Study 113

PYMNTS

MARCH 13, 2020

Toilet paper and bleach may be flying off the shelves right now, but regional grocers are fighting to stay alive. Some ideas for those have been published in a study by Bain & Company, The Future of Retail: A Survival Guide for Regional Grocers. grocery shoppers, pinpointing the qualities of a winning model for regionals.

Regional 142

Regional Strategy Report Innovation 142

PYMNTS

JULY 19, 2019

Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. In a study, which queried 400 financial decision-makers in 12 industries, 35 percent of firms said they intend to reduce their paper check reliance through the next few years. and closed at $204.87.

Cleveland 128

Cleveland social media Fraud Google 128

PYMNTS

JULY 19, 2018

For instance, 50 percent of online shoppers have abandoned a transaction because the eCommerce operator failed to offer a preferred payment option. So what can merchants do in trying to navigate a landscape that, at least in near-term, promises even more payment innovation and fragmentation, according to observers?

Payments 103

Payments San Francisco Analysis Innovation 103

NCR

MARCH 7, 2016

No one denies that online and mobile tools—particularly the deluge of apps that banks have developed and released—have changed many customers’ interaction with the local retail outlet. And while it may seem unusual to evaluate the prospects of a study before it’s even been done, it’s also an ideal setting to make predictions.

Study 40

Study Mobile Comparison Online 40

Celent Banking

MARCH 16, 2015

Home Depot was an interesting case study. A recent study found that despite problems with megabank perception, 73% of those asked said a recognizable brand was important in choosing a financial institution. A regional bank poll of millennials found that not one could name a community institution in their area.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

JUNE 30, 2016

A recent study by MasterCard noted that customers in Hong Kong increasingly use mobile payments and that as many as three-quarters of consumers plan to make at least some use of them in the coming year. In the survey, 19 percent of respondents currently use online payment services like PayPal and Venmo.

Mobile 104

Mobile Samsung Apple Missouri 104

FICO

FEBRUARY 9, 2022

Elo began to extend its offering with custom card solutions for local customers, as well as expansion into other regions and a strategic collaboration with Discover Global Network. FICO is very well established in Brazil and we knew about FICO Falcon from some large players in the market,” said Grandin.

Fraud 52

Fraud Cards Analytics System 52

NCR

JULY 20, 2016

Biometrics has been a staple of science fiction films for decades, with futuristic movies displaying iris scanners, facial recognition software and a range of other quirky innovations. Fingerprints have been used as a form of identification since the late 19th century, so they’re hardly a new innovation. Ear acoustics .

Technology 40

Technology Payments Millennials System 40