PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

Cards 248

Cards Innovation United States Branding 248

PYMNTS

OCTOBER 16, 2020

A managed security services provider h as also con cluded a $53 million Series B round to help accelerate research and development of its cloud security technology, among other uses. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

Innovation 174

Innovation Capital Security United States 174

PYMNTS

OCTOBER 21, 2020

The move comes on the heels of T-Mobile’s announcement last month that it had flipped the switch on mid-band 5G towers in 90 cities and towns across the United States, with plans to add thousands more by the end of the year.

Mobile 209

Mobile Innovation United States Apple 209

PYMNTS

SEPTEMBER 16, 2019

And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant. And food-ordering platforms are teaming up with restaurant technology companies to make it easier for eateries to accept delivery orders.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

MARCH 30, 2020

The critical question, then, is not whether retailers can comply with these rules, but how they will do so while remaining competitive, Nicholas Ahrens, vice president of innovation at U.S. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. I actually do not think it is because of the law.

United States 131

United States Retail Customer Experience Data 131

PYMNTS

JULY 23, 2020

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by the end of 2020’s first quarter when COVID-19 was declared a pandemic. To learn more about how CUs’ card innovation priorities are changing in the wake of the pandemic, download the Playbook.

Innovation 174

Innovation Report Cards California 174

PYMNTS

SEPTEMBER 30, 2020

The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. The net result will be streamlined access to digital payment options and more innovative services for end users.”. Nium Teams With Aspire, Volopay. PayPal, Mastercard Expand Business Debit Offering.

Cards 192

Cards Innovation Google United States 192

PYMNTS

JANUARY 21, 2020

And in technology rentals, kiosks with rentable chargers are everywhere in China, and companies such as Rabbit are offering them in the United States. The company, for its part, provides furniture to customers in exchange for monthly fees from customers. All this, Today in Data. Data: 2017: The year IKEA bought TaskRabbit.

Retail 130

Retail Innovation United States Data 130

CB Insights

MARCH 13, 2019

The startup with the least funding on the list is Rhode Island’s The Innovation Scout , a SaaS platform that has raised $50K. IDx Technologies. The Innovation Scout. The post The United States Of Artificial Intelligence Startups appeared first on CB Insights Research. Total Equity Funding ($M). California.

United States 78

United States Rhode Island Massachusetts Connecticut 78

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. After its parent company announced plans earlier this year to close 200 stores in the United Kingdom, Walgreens is looking to shutter 200 locations in the United States.

Innovation 136

Innovation Retail United States ATM 136

PYMNTS

SEPTEMBER 30, 2019

An internal policy document by the European Commission ’s Directorate-General for Communications Networks, Content and Technology outlines a proposed “initiative for technological sovereignty.” There’s a whole innovation engine here that needs to be torqued up.”. It’s a big problem.

Technology 116

Technology United States Leadership Apple 116

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The war for talent makes all this more difficult. The record low 3.6%

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. And beyond this warehouse news, the eCommerce company is also experimenting with other – perhaps sexier – shipping innovations. That’s the story involving Amazon (and, it seems, The Home Depot as well).

Innovation 243

Innovation Seattle California United States 243

PYMNTS

APRIL 27, 2020

Card networks, processors and other major financial institutions (FIs) have worked to build up the technological infrastructure to support credit card transactions over the decades. Another key component of the report is case studies of four enterprises that are putting credit innovation to work in the real world. About The Report.

Cards 226

Cards Fintech United States Case Study 226

PYMNTS

JANUARY 22, 2019

According to the PYMNTS Enterprise Grocery Report , almost $20,000 of the $56,697 per year of the average spending of households in the United States corresponds with food or similar products. The retailer was said to be teaming up with Takeoff Technologies for a trial partnership to assemble product baskets for delivery orders.

Innovation 149

Innovation Ohio United States Survey 149

Jeff For Banks

NOVEMBER 28, 2023

I asked Google Bard, a large language model tool, the following: "Describe the future of banking in the United States in buzzwords." Decentralized finance (DeFi) : DeFi technologies, such as blockchain and cryptocurrencies, will disrupt traditional banking models and create new opportunities for financial inclusion.

United States 95

United States Analytics Risk Management Google 95

PYMNTS

JANUARY 28, 2020

CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. Though cloud computing still has its teething issues, CUs are exploring a middle ground between public and private cloud servers to determine the best way to harness this technology. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

JUNE 19, 2019

Not only that, but 82 percent of travel companies innovate to combat the loss of customers, and 36 percent of travel companies expect innovations to decrease costs. Other areas of innovation and disruption for the travel industry are heavily focused around payments. That includes the payment of airline fares. Payments Cost.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

MAY 24, 2019

The clothing rental market in the United States is projected to reach $4.4 This might attract customers, but retaining them requires constant innovation. Clothing is expensive and trends are quick to change, making fashion rental platforms especially appealing for consumers who want more choice, convenience and flexibility.

Innovation 134

Innovation United States Online Millennials 134

CB Insights

FEBRUARY 1, 2019

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. Connecticut Innovations. Innovation Catalyst. Slater Technology Fund. New Enterprise Associates. BIP Capital.

United States 78

United States Capital DC Rhode Island 78

Perficient

OCTOBER 26, 2020

While availability of 5G coverage is still limited in the United States, businesses should consider how to start building capabilities and products that leverage 5G now. Digital Product Development Innovation Possibilities with 5G. The name of the game is speed. Improved Consumer Experience Possibilities with 5G. Healthcare.

Video 476

Video United States Apple Innovation 476

PYMNTS

MARCH 6, 2020

The customer, in turn, is looking to the bank to provide innovation directionality. The banks help customers sort through all the innovation and technologies they read about — and can provide them with the tools as well as services that are going to help them accomplish their business goal.

Customer Experience 251

Customer Experience Fintech United States Fraud 251

PYMNTS

JULY 29, 2020

(and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift. We want to get every app we can on the Store, not keep them off.”.

Innovation 168

Innovation Apple Google Texas 168

PYMNTS

APRIL 1, 2020

Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features. percent reporting in the PYMNTS Credit Union Innovation Index that they would switch financial institutions (FIs) due to a lack of innovation.

United States 181

United States Innovation Online Tools 181

PYMNTS

MARCH 20, 2020

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. In-house ordering apps are typical for large quick-service restaurant (QSR) companies, with only those who are willing to take risks and innovate standing out from the herd.

Technology 181

Technology Apple New York City social media 181

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Around The B2B Payments For The Virtual Workforce World.

Management 268

Management Cards Company Innovation 268

Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China.

Fintech 259

Fintech United States Financial Technology Technology 259

PYMNTS

DECEMBER 30, 2020

84% : Portion of technology firms that are “very” or “extremely interested” in the real-time payments (RTP) network. 6K : Approximate number of department stores currently in the United States. 84% : Portion of technology firms that are “very” or “extremely interested” in the real-time payments (RTP) network.

United States 261

United States Customer Experience Retail Data 261

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Data 187

Data Innovation Digital Banking Meeting 187

PYMNTS

MARCH 30, 2020

The ability for American commerce and American business and American healthcare to be agile and embrace technology, it shows we can make fast changes to make things better,” Mellon said. It’s just not very clear how well we can adapt and overcome.”. The situation is changing out there today, the panel agreed. What’s Next?

Innovation 147

Innovation System United States Tools 147

PYMNTS

JANUARY 8, 2021

Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million. Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan.

Idaho 295

Idaho Fraud United States Customer Experience 295

Bank Innovation

APRIL 17, 2018

Coinbase, one of the top cryptocurrency exchanges in the United States, has acquired Earn.Com in a deal valued at $120 million. The deal will also place Earn co-founder and CEO, Balaji Srinivasan, in the role of Coinbase chief technology officer, the first CTO the exchange has had.

United States 249

United States cryptocurrency Technology blockchain 249

PYMNTS

DECEMBER 21, 2020

These transformational shifts are, in turn, affecting how quick-service restaurants (QSRs) engage customers as the health crisis limits their in-person dining offerings and forces them to fast-track planned digital innovations. Around The Order To Eat Space. Shake Shack On Leveraging AI, ML To Drive Customer Experience.

Customer Experience 301

Customer Experience Innovation United States Survey 301

PYMNTS

SEPTEMBER 11, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies.

cryptocurrency 241

cryptocurrency United States Security Bitcoin 241

Bank Innovation

JANUARY 11, 2018

South Korean technology company, LG Electronics could be bringing its own mobile payments service to the U.S. “LG Electronics said Tuesday it will launch its mobile payment system in the United States during the first half of the year, in time with the release of its upcoming mobile phone,” outlet YonHap News Agency […].

United States 249

United States Mobile System Payments 249

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130