Remove Innovation Remove Regional Remove Study Remove User Experience
article thumbnail

Cloud Banking Gives Legacy Systems A Lift

PYMNTS

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
article thumbnail

Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

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. In remarks made at the annual Sibos global financial services conference on Monday (Oct. On Monday (Oct. 5) NCR Corp.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Corporate Cards’ Collaborative Approach To SMB Adoption

PYMNTS

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
article thumbnail

Entersekt Teams With Cellulant For More Secure Digital Banking

PYMNTS

A Kaspersky survey indicated that 47% of banking customers in the META region (Middle East, Turkey and Africa) were victims of some type of bank fraud in the first six months of this year. Our clients trust us to not only be constantly innovating around digital banking and payments, but also to guarantee safety and security.

article thumbnail

New Report: Why It’s Time To Retire The Subscription Paywall

PYMNTS

Enabling smooth payment experiences for all customers can be a tall order for merchants, especially small- to medium-sized businesses ( SMBs ) that lack the resources of their larger counterparts. Subpar experiences can cause customers to avoid doing business with merchants in the future or even abandon their transactions altogether.

Report 159
article thumbnail

NEW DATA: A 20-Step Guide To Boosting Cross-Border Conversion

PYMNTS

IP recognition technology is just one of many features merchants can employ to help streamline the cross-border payment experience for their visitors, however — and not all of these features are equally effective when it comes to enhancing their user experience (UX).

UX 159
article thumbnail

Who Will Disintermediate The Intermediaries?

PYMNTS

For the first time, local and regional DVD rental stores aside, people across the U.S. In 1979, Sony introduced the Walkman , an innovation that made music both portable and personalized. We’ve been studying consumers walking in and out of physical stores every quarter for more than a year. And two more things.

Retail 117