Insights on Business

JULY 23, 2018

CxOs are somewhat divided about whether the innovation focus will be on new or established markets. Previously, they thought open innovation would predominate, but now a growing number of these executives anticipate more internal-driven innovation. Quest for secure digital platforms.

Innovation 96

Innovation Security Case Study Strategy 96

PYMNTS

DECEMBER 31, 2020

This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do more of their work and more of their once-physical errands from home. This study showed that consumers display significant interest in real-time payments once they fully understand them. 31 percent bank via app.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. All this, Today In Data. 22 billion: Projected over-the-top (OTT) media revenue for 2019.

Security 139

Security Tools social media cryptocurrency 139

PYMNTS

SEPTEMBER 25, 2019

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? The latest Innovation Readiness Playbook surveyed more than 200 bank executives to reveal the role that core processing and IT infrastructure play in innovation performance and strategy.

Innovation 171

Innovation System Compliance Payments 171

PYMNTS

JULY 10, 2020

Recent studies suggest that 71 percent of consumers are too concerned about data privacy issues to use them. The AARP Innovation Labs and Howard University , for example, are joining forc­es to enhance remote healthcare services for consumers in underserved communities with chronic health conditions, such as hypertension and heart disease.

Security 208

Security Indiana Meeting Data 208

PYMNTS

JULY 24, 2019

The Internet of Things (IoT) continues to grow in popularity: A recent International Data Corporation (IDC) study projects there will be 41.6 Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. billion IoT devices by 2025, up from 7 billion in 2018.

Security 172

Security Regulation Industry Study 172

Chris Skinner

MARCH 23, 2017

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. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. Customers expect simple, secure, fast and convenient shopping and payment experiences.

Innovation 196

Innovation Cards Trends System 196

PYMNTS

JUNE 12, 2019

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. LISNR Case Study. The basic idea behind LISNR is to send data securely via audio. Science and invention are collective pursuits.

Innovation 192

Innovation Retail Metro Case Study 192

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

Bank Innovation

OCTOBER 19, 2018

outpaced growth in noncash payments overall between 2012 and 2015, according to a Federal Reserve Payments Study released this week. The study’s survey of depository institutions found noncash payments fraud increased 37%, from $6.1 Noncash payments fraud in the U.S. billion in 2012 to $8.3 billion, in 2015.

Study 150

Study Fraud Payments Survey 150

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

PYMNTS

JANUARY 7, 2020

Innovation is no longer optional – it’s table stakes to stay in the game. The good news: There is no shortage of innovative ideas and options for today’s FIs to offer to their customers: digital wallets, P2P payments, card controls, fraud and security protection, and loyalty and rewards perks among them.

Innovation 139

Innovation Technology Marketing System 139

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. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

JULY 22, 2019

Retail trends and innovation can come from unlikely places, and that seems to be the case now when it comes to pets and CBD, two hot areas of commerce that are intersecting. According to a Brightfield Group study cited by the Bloomberg report, “the CBD market could be worth almost $24 billion in the U.S.

Retail 124

Retail Innovation Industry Study 124

PYMNTS

JUNE 8, 2017

The more connected devices consumers have, the more concerned they are about the security of their financial information. Today’s shoppers want the transparency of being able to verify that they’ve been charged the correct amount, and many aren’t willing to trade this security for the convenience of auto-payments.

Security 151

Security social media Study Google 151

PYMNTS

SEPTEMBER 8, 2020

Gauthier said studies show that consumers have what’s called a “decision-making budget” — how much energy they can put toward making decisions — but COVID-19 is pushing that to the limit. “We In fact, 85 percent of consumers that Amazon polled rated trust and security as “somewhat” or “very” important in their buying decisions.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

NOVEMBER 8, 2019

Thanks to smartphones equipped with facial and fingerprint recognition for security, many consumers now have up close and personal experience with newer forms of digital ID. Innovations — some more fantastical than others — keep emerging, though. Biometrics isn’t as sci-fi as it once was. Vein recognition? Voice patterns?

Innovation 120

Innovation Fraud Security Data 120

PYMNTS

MARCH 13, 2019

A vast majority of firms in that sector surveyed by Forrester (and commissioned by TransUnion) – 99 percent of them, in fact – view open banking as beneficial to financial services, as reported by Enterprise Innovation. Additionally, as many as 46 percent expect to see better customer experiences.

Study 155

Study Customer Experience Fintech Survey 155

PYMNTS

JUNE 6, 2017

manufacturing industry currently is with regards to digitization, including data intensity, connectivity, adaptability, integration, security and people. Siemens’ president of its digital factory division, Raj Batra, commented on the study’s results and the importance of manufacturers moving forward with digitalization.

Study 101

Study Report US Analytics 101

PYMNTS

JANUARY 28, 2020

A recent study found that CUs beat banks in eight financial well-being attributes, such as helping consumers reach financial goals, understanding financial well-being and putting consumers’ financial well-being ahead of banks’ interests. Security threats continue to trouble the industry, however. Around The Credit Union World.

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. A 2018 study found that more than 50 percent of U.K. These users had to restart the process from the beginning if they switched channels.

Mobile 130

Mobile Security Examples Study 130

PYMNTS

APRIL 1, 2019

The following case study explores how the company earns vehicle owners’ trust by authenticating those who want to access their automobiles. We’ve long emphasized the need for automated verification to remove that friction while maintaining a safe and secure marketplace,” he said. For Vehicle Owners, Assurances Come from Insurance.

Case Study 108

Case Study Study social media Policies 108

Bank Innovation

JUNE 16, 2017

consumers (56%) feel that mobile payments increase the chance of fraud and theft, according to a study by YouGov released today. Checks, cash, and cards are on their way out, right? Not exactly. A majority of U.S. As a result, those customers prefer to use debit or credit cards (49%) or even cash and checks […].

Mobile 220

Mobile Security Payments Study 220

PYMNTS

MARCH 1, 2018

75 percent | Portion of payments budgets that top-performing businesses allocate toward innovation projects, according to the most recent PYMNTS Innovation Readiness Playbook , an i2C collaboration. The Indian program provides individuals with a 12-digit ID code based on location and biometric data.

Innovation 100

Innovation Data Taxes Lending 100

Insights on Business

FEBRUARY 23, 2019

Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. They are reorganizing around agile, cross-functional teams that surface the best ideas and implement them in record time—all while promising privacy, security and compliance. Now, they are all in.

Innovation 125

Innovation New York City Training Case Study 125

Insights on Business

APRIL 17, 2019

Financial companies have always been innovators. But in this age of digital transformation, innovation in financial services is more important than ever to stay competitive. Innovation processes, traditionally limited to product development, are now spreading throughout the entire organization. A new model.

Innovation 102

Innovation Industry Company Operations 102

PYMNTS

AUGUST 20, 2019

As reported by PYMNTS and as noted at the end of last month through the Innovation Readiness Playbook done in conjunction with i2c, as many as 80 percent of top performing artificial intelligence (AI) systems will focus on data analytics over the next few years.

Data 176

Data Security Capital United States 176

Bank Innovation

MARCH 22, 2018

As data security and usage becomes more of a hot topic for businesses in 2018, most financial executives are feeling positively about the cybersecurity at their institutions, a report by IBM Resilient found.

Study 268

Study Survey Security Data 268

PYMNTS

JANUARY 2, 2020

The portion of restaurants that have chargeback rates of more than 1 percent is 10 percent per a Kount and Chargebacks911 study. The amount that Uber Co-Founder Travis Kalanick’s CloudKitchens secured in funding from Saudi Arabia’s sovereign wealth fund was $400 million. percent to 1 percent of transactions.

Mobile 146

Mobile Innovation Minnesota Capital 146

PYMNTS

APRIL 27, 2020

What’s more, all of this must be accomplished in complex regulatory and security environments, with the omnipresent threats of hacking and fraud. PYMNTS latest research series, Beyond The Card: Innovating The Next Generation Of Credit Solutions , a collaboration with i2c , sets out to chart this complex and evolving landscape.

Cards 226

Cards Fintech United States Case Study 226

PYMNTS

JULY 22, 2019

A study done by Bank Negara Malaysia showed that upwards of 92 percent of total fraud losses were connected to card payment fraud. In our efforts to curb fraud, we continue to pursue innovation in line with our aspirations to be a digital-centric bank by 2022.

Fraud 108

Fraud Cards Security System 108

Bank Innovation

JANUARY 30, 2020

merchants and consumers believe in quick transactions at the point of sale, a Hanover Research survey commissioned by payments tech companies Ingenico and FreedomPay this month suggests consumers have lingering questions about the security of contactless payments. The study queried 350 merchants and 1,350 consumers in the U.S.

US 221

US Payments Study Survey 221

PYMNTS

AUGUST 28, 2019

According to PYMNTS’ Credit Union Innovation Index, 65 percent of credit union members said they chose a credit union (CU) as their primary because they trusted it, as opposed to 45 percent of non-CU members who said the same. percent) cite loyalty and rewards as the area in which they want to see greater innovation over the next three years.

Security 184

Security Fraud Study Innovation 184

PYMNTS

JANUARY 2, 2020

The portion of restaurants that have chargeback rates of more than 1 percent is 10 percent per a Kount and Chargebacks911 study. The amount that Uber Co-Founder Travis Kalanick’s CloudKitchens secured in funding from Saudi Arabia’s sovereign wealth fund was $400 million. percent to 1 percent of transactions.

Mobile 131

Mobile Innovation Minnesota Capital 131

Bank Innovation

SEPTEMBER 6, 2017

This is according to the second part of the Global Consumer Survey: Consumer Trust and Security Perceptions report conducted by ACI Worldwide and the Aite Group. The study of 6,035 consumers around the […].

Mobile 339

Mobile Study Survey Cards 339

Bank Innovation

MAY 21, 2018

Even more than winning on mobile, banks would like to minimize security threats. A global study […]. Banks lost $16.8 billion to fraudsters last year, according to a Javelin report, and the number of U.S. customers victimized by such attacks increased to 16.7 million, up from 15.4 million in 2016.

Study 258

Study Security Mobile Report 258

PYMNTS

OCTOBER 6, 2020

PYMNTS' October Banking As A Service Playbook: Powering The Next Generation Of FinTech Innovation , a collaboration with Transcard , examines developments around banking as a service (BaaS) and how its digital-first nature makes it ideal for current banking needs. And it goes well beyond that as a unifying financial faculty.

Innovation 161

Innovation Study System Fintech 161