PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? Cloudy, With A Chance of Innovation. Cloud-based systems] can handle greater volumes of data and allow banks to test innovative new tools before bringing them to market. It’s true, but not for long.

System 268

System Digital Banking Tools User Experience 268

Bank Innovation

MARCH 22, 2017

Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit. “This year is marked by a sharp regional divergence about which rules […]. The unit surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

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. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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. That doesn’t mean it’s been easy.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JUNE 9, 2020

The two years since have led governments around the world to launch initiatives exploring innovative digital connection strategies for financial institutions (FIs) and merchants as well as their customers. This growth in digital payment volume is testing the open banking networks proposed by regulators in multiple regions, including the U.K.

Regulation 132

Regulation Online California Regional 132

PYMNTS

FEBRUARY 22, 2018

Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space. Southeast Asia is now front and center on the world’s FinTech stage, and it’s no accident.

Fintech 104

Fintech Regional Resources blockchain 104

PYMNTS

MARCH 3, 2020

A recent study found that 75 percent of this generation’s members visit financial institutions (FIs) at least once per month. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. million.

ATM 151

ATM Fraud Study Regional 151

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

SEPTEMBER 13, 2017

But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Here’s a snapshot of some recent notable B2B API news: For many smaller merchants, fear is very much a factor when it comes to globally expanding their operations.

Strategy 190

Strategy Report Lending Fintech 190

Bobsguide

JUNE 10, 2022

The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.

Regulation 88

Regulation Resources Study Compliance 88

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. The company is targeting both regional and national businesses with a minimum of 10 locations.

Technology 121

Technology Maine Study Google 121

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated. Payments and The Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JANUARY 29, 2019

As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. The Union of Arab Banks (UAB) has said in a study that such a movement would change the way Arab banks provide financial services. . Finxact’s own offerings operate in the cloud. “I

Fintech 145

Fintech Cards System Groups 145

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. Among the main challenges? The reliance on cash in many of the markets served by UReed, Alhassan said. Payment Lessons. “

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

OCTOBER 21, 2016

percent, according to a new study by MarketsandMarkets. According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. The fleet management market is estimated to grow from $9.54 billion in 2016 to $27.9

Management 100

Management Marketing Regional System 100

FICO

NOVEMBER 16, 2022

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. 65% of the respondents indicated that their companies plan to increase operational expenditure for fraud management anywhere from 5% to 20%+.

Fraud 52

Fraud Data Survey Regional 52

Perficient

NOVEMBER 4, 2020

In many ways, we can help guide our customers in streamlining their PV operations and technology platforms to become more efficient and flexible for growth, all while remaining compliant and keeping to a sane budget. After all, we all need to be good stewards of patient safety through openness and innovation and by working together as a team.

Groups 309

Groups US Meeting Case Study 309

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. The debate continues to rage over the future of alternative lending.

America 100

America Lending Regulation Regional 100

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. Operating locally can give a payments service provider a distinct advantage.

America 100

America Payments Fraud Case Study 100

PYMNTS

JUNE 20, 2019

As the future of work gets more digital, facilitating this new relationship will be a responsibility of the online marketplaces freelancers are using to find roles, said Martin Chikilian, VP of talent operations for freelance marketplace Toptal. Fiverr’s Local Market Challenges. About the Playbook.

Payments 147

Payments Online Case Study Security 147

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, 2018

Various types of consumers desire different ways to pay — the differences stemming from technological realities and cultural habits — and that has resulted in some 300 “significant” forms of local payment options operating around the world. And what might be the future of all that fragmentation? ” Payment Platforms.

Payments 103

Payments San Francisco Analysis Innovation 103

BankUnderground

FEBRUARY 9, 2023

To ensure the availability and affordability of flood insurance to households in flood-prone areas, the UK Government introduced an innovative reinsurance scheme, Flood Re, in April 2016. In our regression, we interact this flood exposure with a binary variable capturing the time period when Flood Re was operating.

Marketing 76

Marketing Policies Regional Data 76

PYMNTS

JULY 4, 2017

The exodus of skilled labor may be significant, according to a recent Deloitte study, which found that, as noted in The Guardian , roughly one-third of British workers are of the mind to leave the United Kingdom. The trade industry entity known as Innovate Finance estimated earlier this year that investment in the U.K.’s

Survey 101

Survey Regional Fintech Course 101

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. Innovation On The Rise. A Knack For Mobile.

National 133

National Training Bitcoin Samsung 133

PYMNTS

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 100

Compliance Leadership Training Innovation 100

FICO

MAY 24, 2022

To achieve this, they've clearly stated that any bank, any insurer or any investor or other financial firm needs to have policy around how they manage their operations and investments to get to this net zero state. in costs and an impressive 1,580 metric tons of emissions once its operations are fully optimized. by Bill Waid.

Analytics 52

Analytics Management Regional Policies 52

FICO

JANUARY 26, 2018

This use of 'machine calling' instead of traditional ways of agents calling customers was an innovation in itself. That was when FICO offered their solution and best practices across the region. Keep studying our customers. What areas of operations is Globe looking to improve following this project?

Regional 63

Regional Analytics US Customer Experience 63

NCR

AUGUST 18, 2017

Blockchain can unleash innovation across top line applications like loyalty and rewards, Internet of Things, marketplaces, and more – essentially any application where there is an exchange of digital assets, in addition to serving the bottom line. Forecasts about medium-term cost savings of key operations are promising.

blockchain 75

blockchain Technology cryptocurrency Study 75

PYMNTS

JANUARY 23, 2018

In the path of FinTech innovation, many expect the inevitable demise of the paper check. The result is a neglected stack of scanners in a corner of a storage room or rucked away in an operations area, with no way to assess the value of that inventory and what can be repurposed.”. Twenty-two billion are issued in the U.S.,

Tools 109

Tools Payments Data Fintech 109

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. Expansion Brings Fraud Challenges. 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. Voice recognition .

Technology 40

Technology Payments Millennials System 40

Jeff For Banks

FEBRUARY 7, 2020

Mike Butler of Radius, although a lifelong banker, came from outside of the region and implemented a business model and cultural change at his bank with new management and a "fast fail" innovation culture. Such as studying the effect of computers on print culture, or changing the culture of materialism over time.

Cleveland 78

Cleveland Boston Strategy Management 78

CB Insights

FEBRUARY 1, 2019

Among major Asian economies, people in Indonesia feel the most optimistic about their opportunity to advance in their careers, develop new skills, and build their finances, according to a LinkedIn study. This analysis focuses on where insurance innovation in the market is happening today and where it is headed next. in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

CB Insights

NOVEMBER 22, 2017

Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. The Vellella Project study tested the viability of farming fish with an Aquapod – an unanchored fish pen tethered to a drifting boat.

Study 45

Study Operations Regulation Regional 45