Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

JUNE 15, 2018

.” “The award of this patent provides further recognition of Aquiire’s innovations,” the firm’s CEO Mike Palackdharry said in a statement. ” The patent is the latest in a series of patents secured by Aquiire. ” The company noted it has several other patent applications pending with the US PTO.

social media 100

social media United States System US 100

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities.

Payments 96

Payments Risk Management Innovation Analytics 96

PYMNTS

AUGUST 11, 2017

Blockchain is more than just a technology being used for the transfer of cryptocurrency like bitcoin. Enterprises are looking to utilize blockchain for smart contracts and other secure use case avenues. Among the many issues facing businesses looking to use blockchain are government regulations and transparency.

Bitcoin 102

Bitcoin blockchain cryptocurrency Software 102

PYMNTS

APRIL 11, 2017

It’s not enough for a technology to be a proven way to improve business processes: Adoption of new tech is a tough sell. For SMEs, limited resources may stifle the ability to invest in new technology. But a new report from Sage finds that being knowledgeable in the latest and most innovative solutions is beneficial to the organization.

Leadership 118

Leadership Analytics Analysis Tools 118

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities.

Payments 70

Payments Risk Management Innovation Analytics 70

PYMNTS

APRIL 19, 2017

Change within the enterprise will always bring friction, but when it comes to change brought about by the adoption of more sophisticated technologies — especially in accounting and cash management — that friction is worth the effort. But the picture of technology adoption is a complex one, as cloud accounting company Sage has shown.

Tools 119

Tools Technology Survey Management 119

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

American Banker

MARCH 31, 2016

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."

Innovation 28

Innovation Management Fintech Risk Management 28

PYMNTS

MARCH 28, 2017

It takes more than just having the latest technology or an innovative idea to make faster payments work. In its latest white paper, INTERAC outlines the principles as follows: Principle #1: Good funds is the better model. Principle #3: Data abstraction means privacy and security for all. million per day sent.

System 100

System Payments Marketing Industry 100

Insights on Business

FEBRUARY 11, 2019

In the beginning of the cloud computing era, “private clouds” promised the scalability, flexibility and manageability of public clouds, combined with the security and control of on-premises data center environments. Over time, IBM expects to make available further services on ICP, including additional security and logging functionalities.

Compliance 87

Compliance Security Big Data Analytics 87

Insights on Business

DECEMBER 14, 2016

Further, as banks are cutting costs, increased demands for security and regulatory compliance are adding them back almost as quickly. Using technology – especially hybrid cloud technology – to ruthlessly simplify and standardize while driving continuous innovation. ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Regulation Operations 70

PYMNTS

OCTOBER 17, 2018

Or, more recently, consider all the digital expertise and innovation brought to the market by entrepreneurial veterans of the Israeli military and spy services. Just look at the logistical lessons learned during World War II that were applied to post-war industry, or even the development of the Internet and how U.S.

Payments 100

Payments Maine Case Study System 100

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 79

social media Analytics Innovation Big Data 79

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

CB Insights

SEPTEMBER 21, 2017

Blockchain technology — cryptographically-secured, distributed ledgers — has existed for nearly a decade but is just now emerging as a viable solution in healthcare. Last month, Alibaba partnered with the city of Changzhou, China to launch the country’s first application of blockchain technology in the healthcare sector.

blockchain 69

blockchain California San Francisco Capital 69

Insights on Business

JANUARY 21, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

FICO

JUNE 22, 2017

In doing so, FICO’s machine learning tool also facilitates stronger criminal justice enforcement and enhances national security by identifying the financing activities of terrorist groups and dangerous criminals. Innovating AML tools has increasingly become a priority for banks and financial institutions.

Tools 55

Tools Compliance Innovation social media 55

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

Tefkin

AUGUST 20, 2015

Distributed applications built with smart contracts have the potential to change how corporations are built, how federated organization are run and to make contracts (such as securities in the financial services world) partly autonomous entities. We hope Eris Industries will be one of the key partners to do so.

Industry 28

Industry Bitcoin blockchain Software 28

Gonzobanker

FEBRUARY 9, 2017

Many banks are also lagging in technology and can’t stay in this position forever, he warned. Companies focused on secure authentication, mobile apps and money movement will rear their heads in the form of new funding competition. Reality #4: Technology Execution Cannot Be Outsourced to the Cloud.

Arizona 60

Arizona Conference Technology Washington 60

Gonzobanker

FEBRUARY 9, 2017

Many banks are also lagging in technology and can’t stay in this position forever, he warned. Companies focused on secure authentication, mobile apps and money movement will rear their heads in the form of new funding competition. Reality #4: Technology Execution Cannot Be Outsourced to the Cloud.

Arizona 60

Arizona Conference Technology Washington 60

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” It’s secure, it’s cheap, it’s faster than a speeding bullet. We profile innovators on PYMNTS.com every day.

Bitcoin 100

Bitcoin blockchain Video Apple 100

FICO

MARCH 18, 2020

We recently commissioned a survey of 5,000 people across 10 countries to better understand how people view security when they open or use their accounts. and have a read of our series of three white papers looking at how biometrics are being implemented and developed in financial services organizations.

Fraud 52

Fraud Analytics Samsung Comparison 52

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. Maria Gurina (Bus. Solutions).

Video 40

Video Lending social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

MAY 11, 2016

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

PYMNTS

OCTOBER 31, 2018

As reported in July via white paper, the U.K. The data, showing that 51 percent of firms see blockchain as useful as Brexit takes shape, shows that, possibly, “this trend reflects the need to improve transparency ahead of this situation, with reducing fraud, improving innovation and driving cost savings as key reasons.

blockchain 201

blockchain Fraud Data Study 201

William Mills

MAY 10, 2016

For Banks, Know Your Customer, is a critical security responsibility. Like a HELOC on your car but using a technology platform. Matt Decker (VP, Technology). We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. Greg is trying to “reinvent” getting money to people.

San Jose 40

San Jose Customer Experience Mobile social media 40

William Mills

SEPTEMBER 9, 2016

From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. Auto-financing is ripe for innovation. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. I need to learn more. With reporting, can get rid of excel.

social media 40

social media ATM Mobile Customer Experience 40

William Mills

SEPTEMBER 7, 2016

Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card. Perhaps there is a big bank in Canada that has embraced their technology. From Website: Aleo is a place where you can buy and sell various products and services.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

SEPTEMBER 4, 2018

They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. This list is not intended to be exhaustive of corporations working on autonomous vehicle technology. Top initiatives: Filed patent in 2016 for autonomous lane-switching technology.

System 78

System Technology Michigan California 78

FICO

OCTOBER 4, 2017

Given the current levels of hype around machine learning, you’d be forgiven for thinking it is a brand new innovation. If you are using the FICO Falcon Platform to manage fraud you’ve been using machine learning technology for a quarter of a century ! Beware of Silver Bullets.

Fraud 49

Fraud Data Management Tools 49

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

SEPTEMBER 20, 2019

Ahead of the announcement, Karen Webster spoke with Alan Koenigsberg, senior vice president and global head of New Payment Flows, Visa Business Solutions, about the roles that partner collaboration and simplified technology will play in achieving Visa’s goal of expanding the Visa B2B network to more than 100 countries in 2020.

Payments 206

Payments Strategy Technology National 206

PYMNTS

JUNE 18, 2019

The Libra ecosystem consists of new rails, the Libra Blockchain, built by Facebook engineers, and the introduction of a new programming language, Move, designed to make it more efficient and more secure for developers to create new payments and financial services applications that run on top of it.

Payments 246

Payments Regulation blockchain cryptocurrency 246