PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”. We have to be ready.

Retail 130

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PYMNTS

FEBRUARY 4, 2019

Microsoft was significantly behind that, with 5,903 patents, but that’s still good enough for the global major leagues when it comes to AI research and innovation. After that we will see areas such as retail, healthcare, manufacturing, transportation and automotive, and logistics, including warehousing/transportation/delivery.

Innovation 194

Innovation Study Fraud Technology 194

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172

Retail Online Study Meeting 172

PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle. .

Policies 123

Policies Compliance Regulation Innovation 123

PYMNTS

DECEMBER 14, 2020

The platform will also help central banks that want to collaborate with innovators on new technology. EMTECH's technology aims to give banks an "action-ready toolset for new and inclusive monetary policy, and the guardrails for efficient transfer of an estimated $90 trillion in cash payments," per the release.

Policies 234

Policies Innovation Lending Fraud 234

PYMNTS

JANUARY 20, 2020

An idea that may get a splash of cold water is that the development of a digital fiat (at least, in Australia) would lead to a groundswell of payments at the retail point of sale — in other words, through a boost in use cases. There are inherent risks, too. The exploration and testing of the CBDC , however, does not mean deployment.

Retail 100

Retail Payments Bitcoin Policies 100

PYMNTS

NOVEMBER 22, 2018

There isn’t a lot of room to really innovate the Thanksgiving turkey. Instant Pot doesn’t do much marketing as a company policy — but plenty of well-known people seem content to take on that duty for free on its behalf. So is this innovation worth investigation? Or is there? The Instant Pot Solution. “I Dinner On Demand.

Innovation 168

Innovation National New York Maine 168

PYMNTS

JULY 30, 2018

This is designed to promote competition and innovation by supporting new entrants into the marketplace,” Nanopay CEO Laurence Cooke told PYMNTS.com in an interview. Even so, the retail framework has been in draft and still needs to find a regulator – and people must be trained as well. But that could potentially change.

Innovation 103

Innovation Payments New York California 103

PYMNTS

JULY 8, 2020

As it grows its healthcare offerings beyond low-cost clinics and technology to help patients manage their medications, Walmart has formed a new company to sell insurance policies called Walmart Insurance Services LLC. In addition, the retailer reportedly paid approximately $200 million to purchase key assets from CareZone.

South Carolina 150

South Carolina Arkansas Company Georgia 150

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Visa recently announced a new policy to help shoppers alleviate this pain point.

Policies 302

Policies Online Retail Payments 302

PYMNTS

JUNE 5, 2020

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. A few big-ticket purchases of digital apparel retailers like ModCloth and Bonobos didn’t turn out as planned. Innovation Add-On of the Week: Amazon Embraces Supply-Chain Blockchain .

Retail 141

Retail Georgia Atlanta blockchain 141

PYMNTS

JANUARY 13, 2020

That was the subject of a recent PYMNTS discussion between Karen Webster and Chris Bayley, co-founder and chief innovation officer of Cover Genius. The general idea is to offer policies tailored to the purchase at hand, with protections underwritten by insurance providers based on eCommerce data sets and other points of information.

Policies 135

Policies Retail Data Innovation 135

PYMNTS

AUGUST 3, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. But what is that “changing face of retail” actually going to look like in a few years? Will consumers still shop at brick-and-mortar stores?

Retail 100

Retail social media Branding Online 100

PYMNTS

JULY 30, 2020

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Our goal is to deliver that experience while increasing innovation, speed and productivity,” she continued.

Jacksonville 172

Jacksonville Arkansas Georgia Atlanta 172

PYMNTS

MAY 4, 2017

Automakers, enterprises and consumers are looking for the best products with world-class capabilities, and our teams will continue to bring innovation to the connected-vehicle landscape under SiriusXM.”. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies.

California 100

California Policies Company Apple 100

PYMNTS

APRIL 27, 2018

After making changes to its Android app and terms of service, MoviePass is adding another modification to its platform: Subscribers can now only watch a particular movie through its movie ticket subscription service one time, Android Central reported. “We

Policies 101

Policies Analytics Report Company 101

PYMNTS

JULY 9, 2019

The July 16 hearing, which will focus on “dominant platforms and innovation,” will involve policy executives, including Amazon’s Associate General Counsel Nate Sutton; Apple’s Chief Compliance Officer Kyle Andeer; Facebook’s Head of Global Policy Development Matt Perault; and Google’s Director of Economic Policy Adam Cohen, according to CNBC.

social media 109

social media Apple Policies Innovation 109

PYMNTS

JUNE 10, 2016

There was no mistake about Cupertino’s cross-border commerce intentions when CEO Tim Cook took a highly publicized trip around India in mid-May, and the point was hammered home when Cook pledged $25 million to build an innovation hub in Hyderabad that would eventually employ 150 people on Apple Maps projects.

Retail 100

Retail Apple Policies Regulation 100

Bank Innovation

DECEMBER 5, 2017

Earny automatically monitors for and claims refunds on past purchases through retailer and credit card price protection policies. EXCLUSIVE – The payment protection app Earny announced today it has raised $9 million and wants to use the funds to diversify into the travel vertical. Based in Santa Monica, Calif.,

Payments 239

Payments Fintech Policies Retail 239

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

APRIL 20, 2016

And it’s consumer-centric policies like this that have given rise to a stark divide in the burgeoning mobile commerce space: Should retailers force customers to register accounts and log in for purchases and the personalization that comes with it? Nothing is that simple in retail, though, and that’s doubly so for mobile.

Mobile 100

Mobile Retail Analysis Payments 100

PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

AUGUST 11, 2019

He added that this will improve accessibility and adoption rates among the public, as well as promote innovation. The digital currency is intended for “small-scale retail high-frequency business scenarios,” he said. It won’t mimic crypto because it uses a more complex structure.

blockchain 168

blockchain Policies Conference Video 168

PYMNTS

FEBRUARY 15, 2018

Through a pilot this year, the retailer plans to design coats and boots with sensors which will interface with an ethereum-based platform. To store and make sense of the information, the retailer is creating a new analytics and data tracking system, The Wall Street Journal reported. Prior to the change in policy, L.L.

blockchain 116

blockchain Policies New Hampshire Retail 116

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

DECEMBER 1, 2019

The provision of licenses to several players will help support innovation and competition as all parties work to increase their customer base,” Central Bank of Nigeria Governor Godwin Emefiele said in a speech in Abuja on Friday. Lenders are hoping to stave off mobile competition by expanding retail banking.

Fintech 254

Fintech Mobile Examples Policies 254

PYMNTS

DECEMBER 7, 2016

Swedish company IKEA is known for its innovative furniture, but it’s adding a paid parental leave policy to that innovation. A rare move in the retail space, experts are lauding the move as many companies across industries seem to wrestle with the issue. IKEA’s new parental leave policy is available to U.S.

Policies 100

Policies Comparison Retail Innovation 100

PYMNTS

MARCH 6, 2020

Visa’s Former Innovation Chief To Begin Position as i2c President. Even with the innovations in the acceptance side of payments, there is a lack of issuer processor platforms that enable new payment products, payment flows and business models outside the world of pre-paid products. eCommerce May Save Fashion Week Events in 2020.

Policies 130

Policies Innovation Payments Retail 130

PYMNTS

MAY 30, 2016

The gambling man knows that of all the far-fetched predictions about automation in the retail workplace, the only sure-fire bet is that it sure is coming. Retailers and processors have their reasons for why they might not want to exercise an open-door policy when it comes to accessing their internal payments data.

Retail 100

Retail Fraud Mobile Data 100

PYMNTS

MARCH 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements , said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. Central banks do not put a brake on innovations just for the sake of it.

Bitcoin 172

Bitcoin cryptocurrency United States Policies 172

PYMNTS

SEPTEMBER 22, 2020

The health crisis is notably altering consumers’ preferred payment methods and many merchants are innovating to cater to them. Retailers must therefore focus on offering smooth service regardless of channel. Creating a robust omnichannel experience thus means retailers must stop thinking about various commerce channels as separate.

Study 198

Study Online Retail Payments 198

CFPB Monitor

AUGUST 8, 2022

LicenSync was created by the firm’s Client Value and Innovation Team working in partnership with the firm’s Consumer Financial Services Group. It contains: A Go-to-Market Checklist that provides support in applying for new licenses, reporting changes of control, surrendering licenses, developing policies, and managing examination responses.

Compliance 78

Compliance Tools Innovation cryptocurrency 78

PYMNTS

FEBRUARY 1, 2021

creative industries, growing 11 percent annually, bringing vital jobs and innovation to the U.K.,” But with Brexit have come changes, and Cincik wrote that the fashion industry has been “disregarded in this deal and our concerns overlooked in current policy decisions. Cincik wrote. “We We contribute more to U.K.

Leadership 124

Leadership Industry Training Taxes 124

PYMNTS

JULY 27, 2017

Walmart announced news on Wednesday (July 26) that it had convened a broad group of individuals and organizations from the government, business and non-governmental sectors to lobby for a Policy Roadmap to Renew U.S. The retailer argued that could potentially result in the creation of an estimated 1.5 Manufacturing. Enhancing U.S.

Policies 111

Policies Case Study United States Boston 111

William Mills

OCTOBER 13, 2017

Approximately 1,300 attendees (including bankers, credit union executives, industry analysts and media representatives American Banker , Banking Exchange and BIG Media ) joined 30 sponsor companies to immerse themselves in all things retail banking at BAI Beacon 2017, held at the Georgia World Congress Center October 4-5.

Atlanta 41

Atlanta Innovation Conference Georgia 41

PYMNTS

JANUARY 8, 2020

It will pay to watch how the insurance industry undergoes innovation and disruption in the coming decade, thanks in part to digital tech, faster disbursements and even more focus on policies crafted for small and medium-sized businesses. The bundled policies include business liability, business interruption and cyberattack protections.

Trends 137

Trends Policies Capital New York 137

Bank Innovation

FEBRUARY 5, 2020

Given the dollar’s important role, it is essential that we remain on the frontier of research and policy development regarding” central bank digital currency, or CBDC, Brainard said Wednesday in the text of a speech prepared for […].

Study 259

Study US Policies blockchain 259