PYMNTS

JANUARY 6, 2021

The discussion took place as Diaz looked back at the 15 months that have passed since Banxico launched Cobro Digital (CoDi), the national digital payments platform that uses QR codes and NFC to enable users to transact with mobile devices. But as Diaz stated, the model is based on sound economic principles. Why Not Just Merge These Things?’.

Payments 363

Payments User Experience System Mobile 363

PYMNTS

MARCH 11, 2020

“The lending ecosystem has witnessed remarkable transformations, and is now marked by changes in operations, availability of capital, new laws and regulations around lending, differences in borrower eligibility criteria and terms of loan acquisition and repayment, among others,” said Akash Sinha, CEO and co-founder of Cashfree.

Lending 130

Lending User Experience Capital Innovation 130

PYMNTS

OCTOBER 29, 2020

Offering a secure payment experience requires rigorous authentication or time-consuming behind-the-scenes security checks, which can often conflict with customers’ collective desire for an Uber-like frictionless experience. How Cloud Innovations Augment Business Payments.

Payments 213

Payments Fraud Meeting Security 213

Bobsguide

APRIL 13, 2022

Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers. Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities.

Regional 113

Regional Innovation User Experience Software 113

Accenture

JANUARY 26, 2017

” Having taken great pride in their well-manicured and protected payments systems, many bankers are now receiving similar advice when it comes to government regulations intended to prise open the value chain to make payments more competitive. ” In due course a droll reply arrived, “We suggest you learn to love them.”

Payments 150

Payments Innovation User Experience System 150

Accenture

JANUARY 26, 2017

” Having taken great pride in their well-manicured and protected payments systems, many bankers are now receiving similar advice when it comes to government regulations intended to prise open the value chain to make payments more competitive. ” In due course a droll reply arrived, “We suggest you learn to love them.”

Payments 150

Payments Innovation User Experience System 150

Insights on Business

MARCH 7, 2019

In a business environment defined by sustained market volatility and ever-increasing regulations, companies need the ability to integrate enterprise-wide risk management processes and multiple regulations. What tools and processes do they need to have a more engaged and empowered first line? Risk cannot be seen as someone else’s job.

User Experience 93

User Experience Risk Management Compliance Regulation 93

Insights on Business

APRIL 28, 2017

At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry. As a result, many new, all-digital financial services firms, unencumbered by older, less flexible systems are aggressively pursuing customers by addressing their needs in new and distinct ways.

Digital Banking 171

Digital Banking User Experience Branding social media 171

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

DECEMBER 29, 2020

It’s great to see the prioritization on innovation with this bill,” Wingert said, calling the AML regulatory changes important. While FinTechs and neobanks add value by focusing their attention on the user experience and business logic, their value isn’t being added in building better compliance functionality. “So

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

JULY 30, 2019

The market as a whole can benefit from the competition and innovation that open banking will provide to the industry.”. Those opportunities are particularly impactful in an era of banking where customer service and end-user experiences are often the defining factor of whether a customer is loyal or not. Europe, U.S.

User Experience 122

User Experience America Analysis Industry 122

Independent Banker

MAY 26, 2016

Rebuilding a reputation as payment innovators. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. By Jeff Weikert.

Community Bank 70

Community Bank Community Innovation System 70

PYMNTS

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I We’re looking to partner with treasury management system [TMS] providers out there.

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

JANUARY 22, 2020

For others, like NatWest and Sabre , that means collaborating on corporate card products that augment the end-user experience. Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. Visa, Sabre Pair For Virtual Travel Cards. NY Labor Department Secures Payroll Card Win.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

OCTOBER 7, 2019

“The questions are about how is this going to work, what are regulators going to do, how are consumers going to react to the emerging field of choices. Second, whatever one builds must easily and safely live in the payments infrastructure they’ve created that undergirds the system. Today, more than 90 percent of U.K.

Payments 167

Payments Innovation System Security 167

PYMNTS

JUNE 29, 2017

Our market environment has become so much more complex because of the evolution of technology, regulation and data security. With the flood of payment processing data entering through a retailers point-of-sale system, whether that be in the store or online, more consumer data is being collected today than in the pre-Internet era.

Payments 143

Payments Retail Branding User Experience 143

Insights on Business

FEBRUARY 13, 2019

In today’s rapidly changing business environment, managing responsiveness and the proliferation of regulations and IT systems, as well as rapidly expanding volumes and data variety, has become a high stakes balancing act. How a reimagined user experience in IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

PYMNTS

JULY 24, 2019

In that mindset, banks, laden with entrenched legacy systems, with disparate platforms — call it big infrastructure! — Big Tech is good at promoting, designing and improving the user experience, he said. One spur toward digital innovation, for collaboration and cross-pollination for FIs, comes via open banking.

Digital Banking 160

Digital Banking UX Online Innovation 160

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 25, 2019

Collaborating with FinTechs means FIs can create innovative tools and consumer-facing features, but it also throws the established banking world into flux. These firms will then make money by competing on information and user experience rather than through pricing and interest rates, he added.

Fintech 122

Fintech Customer Experience Data User Experience 122

PYMNTS

MAY 30, 2018

Jing’s only stipulation around these partnerships was that they must meet a level of innovation sufficient to deliver value to end users — providing secure, convenient and efficient financial services for business customers, and driving improvements for consumers in online and offline payment service environments.

Risk Management 100

Risk Management Fintech User Experience Management 100

NCR

MAY 25, 2016

The BBC notes the encroachment of these players on traditional banks is only set to increase in the coming years, particularly as new regulations favor startups. Other institutions are looking to invest directly in Fintech startups in order to add their innovations to their own portfolios. ” An effective approach?

Fintech 45

Fintech User Experience Innovation Strategy 45

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. Cashless is now becoming king in stores, as merchants push digital over paper (and coin) in the name of efficiency and a better user experience.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JANUARY 31, 2018

Slack has made a user experience that is easy … to integrate other products and services into their platform” with one-click integration sans specialist knowledge. The technology and legacy systems that are in place at those banks may no longer be sufficient. There’s a cost of inaction, to the tune of $1.2

Management 116

Management Data social media System 116

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Consider the case of India, which is implementing a system known as the Account Aggregator framework (AA).

Data 52

Data Regulation Mobile Security 52

Fintech Labs Insights

MAY 26, 2017

ABN AMRO’s Helène Erftemeijer elaborated on the role Fenergo’s technology will play in helping the bank improve the user experience for its clients. And in March, the company partnered with BBVA, Spain’s second largest bank and a widely-known, eager adopter of innovative financial technologies.

Management 17

Management Innovation Compliance Capital 17

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Consider the case of India, which is implementing a system known as the Account Aggregator framework (AA).

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Consider the case of India, which is implementing a system known as the Account Aggregator framework (AA).

Data 52

Data Regulation Mobile Security 52

Javelin Strategy & Research

MAY 7, 2015

In short, this is a show about innovation, change, and collapse. Attempts to streamline the user experience and financial chores like opening accounts ( Avoka ). . Attempts to streamline the user experience and financial chores like opening accounts ( Avoka ).

Trends 40

Trends San Jose User Experience System 40

Insights on Business

MAY 2, 2019

This tipping point represent an emerging energy focused on addressing existing challenges and exploring new frontiers with the potential to deliver greater value from required investments in GRC systems. To meet these demands, organizations are reassessing their current GRC system approach. Driving better outcomes.

Compliance 98

Compliance System Analytics Data 98

PYMNTS

AUGUST 1, 2019

But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? The latest Innovation Readiness Playbook looks at where FIs have been focusing over the past three years and what their plans are for the near future. When asked about specific innovations, 56.1

Innovation 142

Innovation UX Analytics Study 142

PYMNTS

JULY 18, 2018

Citi was eager to explore the ways in which a tracking system that provided transparency at every point in a payments journey, particularly across borders , could address that corporate pain point at scale, Kohli said. “Everybody in the ecosystem plays a very important role in the world moving toward gpi,” Kohli continued.

Payments 101

Payments blockchain User Experience Examples 101

PYMNTS

FEBRUARY 22, 2019

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. Beauty In Banking Is More Than Skin-Deep. Delving Deeper .

Innovation 153

Innovation Regional System America 153

Fintech Labs Insights

MAY 24, 2017

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. Do the solutions to the compliance challenges faced by financial institutions lie in smaller teams and a better user experience?

Compliance 21

Compliance UX User Experience Fraud 21

PYMNTS

AUGUST 12, 2020

It’s one of several COVID-era innovations from the fantasy sports brand. We’ve been very mindful of that fact,” he said, “and making sure that our products are as innovative as possible, and that we’re finding new ways to continue to engage fans.”.

User Experience 225

User Experience New Hampshire San Francisco Oakland 225

Insights on Business

JUNE 20, 2018

IBM RegTech Innovations. For financial services institutions, the ever-growing volume of regulations and annual changes since the financial crisis continue to challenge banks’ capabilities, as well as their confidence, in managing compliance and risk exposure. The global regulatory environment continues to evolve at a rapid pace.

Compliance 70

Compliance Innovation User Experience System 70

Accenture

MARCH 20, 2017

In the new world of digital payments, many technology developments are driven by customer experiences. Banks are investing heavily in technological innovations and Fintech relationships to provide better payments experiences to their customers. Integration with corporates’ ERP systems and banks’ infrastructure.

Customer Experience 151

Customer Experience Payments User Experience Innovation 151