PYMNTS

MARCH 17, 2017

Keeping payments infrastructures safeguarded against the growing threat of cybercriminals is a never-ending battle. That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. PYMNTS: What does innovation mean to you?

Innovation 108

Innovation Security Payments Mobile 108

PYMNTS

DECEMBER 31, 2020

This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). These payment types often deprive receivers of immediate access to funds.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. They influenced those choices by changing the consumer’s path to purchase and payment. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A So Much More Than Payments.

Operations 349

Operations Payments Industry Management 349

PYMNTS

DECEMBER 30, 2019

firms make and receive B2B payments, even though more cost-efficient digital payment options have become available. This does not mean businesses are disinterested in newer payment innovations, however. percent would like to integrate ePayables with virtual cards into their broader B2B operations.

Innovation 130

Innovation Payments Data Branding 130

PYMNTS

AUGUST 23, 2019

When it comes to payments, speed isn’t the only factor to consider in the deployment of real-time payments (RTP) systems. Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. In the domestic payments space, the U.S. Rapid Growth.

Compliance 192

Compliance Security Payments Community 192

PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

Security 143

Security US Payments Big Data 143

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. New research reveals that B2B payments are is expected to account for the largest portion of faster payments volume in the U.S.,

Innovation 130

Innovation Payments blockchain National 130

PYMNTS

JUNE 21, 2020

HSBC Hong Kong ‘s new application programming interface (API) will simplify the payment system for businesses down to a one-stop payment hub, a press release says.

Payments 359

Payments System Security Management 359

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 billion of these payments in 2018 alone for a total of $97.04 Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. Digital payments are fraught with obstacles, however.

Operations 228

Operations Payments Compliance System 228

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. These digital changes should pertain to more than just payments themselves, however.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JUNE 3, 2019

In fact, credit unions that focus on data analytics are more likely to pursue a wider range of innovations than those that do not. percent of CUs that focused on data analytics also focused on real-time payments, compared to 66.7 As it turns out, though, data analytics and security often go hand in hand, as 36.4 For example, 91.7

Analytics 150

Analytics Innovation Data Fraud 150

Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. There are 52 banking institutions which operate in Turkey.

Innovation 196

Innovation Cards Trends System 196

Perficient

FEBRUARY 27, 2024

Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

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.

Innovation 190

Innovation Payments Compliance Risk Management 190

Bank Innovation

FEBRUARY 6, 2019

Jody Perla, managing director at cross-border payments company Payoneer, told Bank Innovation this relatively new reality has led to increased customer and corporate expectations for seamless and transparent payments. For small business owners, freelancers, and gig economy workers, the minute you’re online — you’re global.

Innovation 170

Innovation Payments Online Management 170

PYMNTS

DECEMBER 23, 2020

Those that relied on traditional buying and selling methods and manual back office operations have had to find ways to digitize their operations for everything from ordering and invoicing processes to how payments are collected. Slow or unwieldy payments experiences can jeopardize sales. Taking A Global Approach To O2C .

Innovation 179

Innovation Operations Payments Technology 179

PYMNTS

JULY 2, 2020

Although CU members want innovation in member loyalty and rewards, most credit unions are not delivering these programs up to the desired standards. Credit union members’ high expectations when it comes to loyalty innovation do not necessarily make or break their banking relationships. Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

JULY 16, 2020

Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release. Public transit has readily begun implementing contactless solutions, according to a PYMNTS report.

Payments 228

Payments Miami System New York 228

PYMNTS

AUGUST 31, 2017

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. Louis, as its new payments strategy director.

Innovation 162

Innovation How To Payments St. Louis 162

PYMNTS

NOVEMBER 12, 2018

However, these professionals have their own ideas about where corporate payments innovation should be headed. A new report from BNY Mellon , “The Future of Payments: A Corporate Perspective,” surveyed a few corporate clients of the institutions’ Treasury Services unit.

Innovation 111

Innovation Payments Survey blockchain 111

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” . Mark brings with him a wealth of knowledge and experience.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. Expectations are changing, too.

Payments 229

Payments System Operations Training 229

PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

Payments 186

Payments Tools Maine Resources 186

PYMNTS

OCTOBER 14, 2020

To that end, Ken Gavrity , head of enterprise payments at KeyBank , told Karen Webster that companies must re-examine the most basic operations in order to stay afloat and maybe even thrive – or face existential threats as they mull the great digital shift. Tech helps, of course, but innovation alone won’t solve corporates’ problems.

Payments 242

Payments Course Innovation Operations 242

Perficient

FEBRUARY 22, 2023

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Next, we’re observing a continuously increased focus on customer experience.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions.

Innovation 139

Innovation Payments blockchain Florida 139

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

NOVEMBER 13, 2018

A group of payment players announced Tuesday (Nov. Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. 13) that they created a new organization, dubbed U.S.

Payments 192

Payments Survey Innovation Guidelines 192

PYMNTS

JANUARY 19, 2021

With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. According to Suchit Bachalli , CEO of Unilog , thanks to the market's acceleration as a result of COVID-19, the industry is on the cusp of some major innovation. Tying Payments With Loyalty.

Online 275

Online Marketing Payments Operations 275

PYMNTS

SEPTEMBER 29, 2017

PingPong Financial Group , a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. PingPong is yet another innovative FinTech player that chose Luxembourg as its EU hub. It is the sole payment platform to focus exclusively on repatriating eCommerce revenue to China.

Security 129

Security Payments Fintech United States 129

PYMNTS

DECEMBER 20, 2016

Which Mike Keegan, CEO of Transaction Network Services , said can only spell trouble for consumer adoption unless consumers are convinced that interacting with them digitally is totally secure. Keegan said that three biggest factors driving this payment preference are convenience, control and choice. Data Point Number Two: 67 percent.

Security 100

Security Retail Payments Data 100