PYMNTS

APRIL 1, 2020

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

United States 181

United States Innovation Online Tools 181

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions. About The Tracker.

Online 151

Online Report Payments Regulation 151

PYMNTS

SEPTEMBER 18, 2020

Nacha , the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. It was developed by the Cybersecurity Response Project Team. She noted that verifications can also utilize information tied to payment history.

Payments 220

Payments Exercises Resources Fraud 220

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

OCTOBER 12, 2018

Now, security providers and financial institutions (FIs) are working to stop them from impacting banks’ assets and customers by turning to new, emerging technologies like artificial intelligence (AI) and machine learning (ML). Maybe 20 years ago, the aspiration was really robust security, meaning you could stop all cyberattacks,” he said.

Security 190

Security Fraud Tools Technology 190

Perficient

DECEMBER 14, 2020

Cloud technologies have changed the way that enterprises deploy and integrate services, saving time and resources, and allowing them to hyperscale their services. Instead of relying on on-premises infrastructure to backup workloads, a cloud disaster recovery plan backs up data, applications, and other resources to the cloud.

Technology 348

Technology Trends Software Resources 348

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

FEBRUARY 4, 2020

GDPR and PSD2 have significantly shifted how EU banks and businesses exchange online funds and consumer data. These questions and concerns caused certain European markets to temper their financial and privacy innovations, which could hamper Open Banking’s worldwide growth. SCA Questions Stall Innovation. France, the U.K.

Fraud 144

Fraud Regulation Compliance Innovation 144

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

MARCH 25, 2019

Shipping and logistics conglomerate UPS has partnered with eCommerce technology company Inxeption to allow businesses to market and distribute products on multiple online channels from one secure place. Merchants can also now receive competitive UPS global shipping, tracking and logistics services. “The

blockchain 150

blockchain Innovation Online Analytics 150

Perficient

MARCH 27, 2023

While remaining backed by the government and thereby not posing users with the default risk of private digital money, a digital pound could also serve to spur innovation in the marketplace and improve the options people have for making payments. Timing of Digital Pound No need to throw away your pound notes yet.

US 294

US Management Innovation Technology 294

PYMNTS

NOVEMBER 16, 2020

This development is fitting, considering the degree to which commerce has shifted online since the pandemic. The share of total retail sales transacted online has surged since the start of this year, and this trend appears likely to hold in the months and years ahead amid continued anxieties about in-store shopping.”. told PYMNTS.

Cards 239

Cards Payments Innovation Customer Experience 239

Abrigo

APRIL 2, 2020

EFE occurs when a person misuses or takes the assets of a vulnerable adult for his/her own benefit - without the elder’s explicit knowledge or consent depriving the individual of vital financial resources for personal needs taken via forms of deception, false pretenses, coercion, harassment, duress, or threats. It’s the right thing to do.

Fraud 335

Fraud Resources Software Training 335

PYMNTS

MAY 28, 2020

In the May Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the challenges facing deployment of APIs amid the COVID-19 pandemic, new online initiatives from nationwide FI chains and community banks and the security challenges that are plaguing digital banking programs.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

DECEMBER 29, 2020

Many CUs struggled to achieve such quick pivots, but those that had already invested in the necessary technologies and security infrastructures were able to make the shift. The CU tapped its security and technology divisions to receive the guidance and equipment to make this a reality. “We Digital Banking's Rise In The CU Space.

Capital 190

Capital Operations Mobile Innovation 190

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

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. Innovation Leader. 2: Talent Shortage.

Resources 146

Resources Leadership Technology Management 146

Independent Banker

JULY 30, 2015

It also offers online training available 24/7. Education Online. The courses are designed to help community bankers build a strong foundation in eight key areas of bank operations: compliance security, management, information technology, customer service and sales, teller training, human resources and health and safety.

Resources 70

Resources Tools Community Bank Conference 70

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. The goal was to create virtual channels where members can interact using mobile and online banking, and its improved customer center. Read the full Deep Dive in the Tracker. About The Tracker .

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

AUGUST 21, 2020

This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6 Windows developer Microsoft has released security patches to fix this security gap, but as many ATMs are in remote areas, their operators do not often upgrade their systems.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JUNE 8, 2016

In a payments landscape that is ever-changing and rapidly growing, having a focus on innovation that takes that same approach is significant. As Peter Read , President of Peoples Card Services , recently pointed out to PYMNTS, needs are never static, and neither should the payments innovation aimed at addressing them.

Innovation 100

Innovation Millennials Cards Fintech 100

PYMNTS

JUNE 19, 2020

Whether they partner with multiple payment service providers (PSPs) or opt to develop in-house payment capabilities, making payments operations work is often resource-intensive because it requires a high degree of plan­ning, coordination and strategy. There are ways to effectively manage these logistical issues, however.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. Deep Dive: Retailers Brace For SCA’s Downsides. About the Tracker.

Strategy 188

Strategy social media Regulation Retail 188

Insights on Business

NOVEMBER 28, 2018

For example, online banking and customer portals allow clients to access services without visiting a physical location or even talking to a person. These include: The capability to scale compute resources up and down to meet demand. However, the cloud offers many compelling advantages over traditional technology platforms.

Risk Management 102

Risk Management Innovation Management Resources 102

PYMNTS

MAY 11, 2020

Hutchison continued, “ Mastercard has a proud history of supporting small businesses in Canada and we’re building on that by providing free access to the resources small businesses need to safeguard their systems now, and for the future.”

Security 150

Security Analytics Resources System 150

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

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Perficient

JUNE 24, 2023

Companies can set themselves up for future growth and innovation by adopting new technologies like AI, virtual reality, voice commerce, and blockchain. Companies can make it easier to connect systems, simplify processes, and learn from data-driven decision-making if they keep up with changes in technology and platforms.

Tools 251

Tools Digital Strategies Analytics System 251

PYMNTS

JUNE 22, 2017

A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. That impact on growth plans is concerning, Byrnes added, who said that fraud risks are preventing these executives from directing their attention inwards for their companies to innovate. percent of total revenues, a 7.5

Fraud 108

Fraud Innovation Survey eBook 108

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Despite these digital developments, there are still hurdles that banks and other financial firms must overcome. KYC requirements are nothing new.

Video 211

Video Report Meeting United States 211

Bank Innovation

OCTOBER 13, 2017

The RedLock security intelligence group has discovered that Hackers used Amazon’s Web Services (AWS) computing resources to mine bitcoin.

Bitcoin 247

Bitcoin Google Resources Security 247

PYMNTS

SEPTEMBER 22, 2020

Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.

Company 140

Company Capital Resources Retail 140

PYMNTS

JULY 14, 2020

The Digital Consumer Onboarding Tracker® done in collaboration with Melissa , shines a light on the innovation and adaptation in the real estate sector, particularly as regards the suddenly ubiquitous practice of … you guessed it … digital onboarding. Sector innovation kicked in, however, and solutions are clarifying as the COVID fog lifts.

Data 131

Data New York City Video New York 131

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Around The Data Protection And Security World. Security . To find out more about how U.S.

Data 199

Data Retail US California 199

Abrigo

MARCH 24, 2020

Bad actors, especially sophisticated ones, view the current epidemic as a golden opportunity and are deploying more resources toward criminal operations in Italy. Fraudsters are ferociously seizing on the increase in potential victims, especially those less savvy and less security-conscious. the elderly). the elderly). BSA Software.

Fraud 150

Fraud Software Resources Security 150

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. It has introduced a plethora of new retail banking initiatives in the past couple of years, including online account opening for anyone in the state of Wisconsin. What’s on the horizon for retail banking? By William Atkinson. One such bank is $1.7

Banking Trends 151

Banking Trends Retail Trends Community Bank 151