PYMNTS

OCTOBER 30, 2020

Automated compliance systems can help FI staff ensure that their AML and KYC compliance is up to code, as these systems can perform thousands of security checks in the time it takes a human staffer to handle just a few.

Operations 228

Operations Payments Compliance System 228

PYMNTS

FEBRUARY 5, 2018

Business payments company Bottomline Technologies released its FY Q2 earnings data late last week, posting $63.2 Our product leadership is evidenced by the strong bookings we recorded in the quarter. million in subscription and transaction revenues. Overall, revenues for Q2 hit $95.2 million, up 10 percent. million in net income. “We

Technology 100

Technology Leadership Payments Data 100

PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”. Loadsmart’s financial adviser on the deal was Goldman Sachs, while Paul Hastings handled the legal work.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

JANUARY 26, 2021

Perhaps the only certainty in the landscape today is that business will look different than it has in the past, and indeed, industry shifts are already becoming evident as companies explore technologies to help maximize spend and safeguard employees. Keeping Spend In Check. The first, said Sikora, is in SMBs’ lack of buying power.

Marketing 208

Marketing Management User Experience Tools 208

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Around the Payments and the Platform Economy. Why Hostelz.com Stopped Accepting Payments.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

FEBRUARY 26, 2020

Conferma Pay connects users to a network of travel management companies, online booking solutions and global distribution systems to book and pay for business travel, a service that CSI said will complete its accounts payable (AP) virtual payment capabilities. Shell Combines Cards, Telematics for Indian Fleets.

Cards 150

Cards Google Fraud Management 150

PYMNTS

OCTOBER 12, 2018

Operating a B2B eCommerce platform for software procurement, G2 Crowd has secured $55 million in Series C funding from IVP, Emergence Capital, Accel and Pritzker Group Venture Capital, according to Demand Gen Report this week. Mission Secure. In the logistics space, Loadsmart announced a $21.6

Software 190

Software Capital Security Virginia 190

PYMNTS

AUGUST 1, 2019

Stitch Fix Kids , for example, sends out a selection of kids’ clothing each month, while GiftLit focuses on curated children’s books. Box-of-the-month services constantly struggle to secure their payment processes and remain a step ahead of bad actors. The only customer-facing security measure KiwiCo currently utilizes is passwords.

Security 108

Security Cards Fraud Survey 108

PYMNTS

JUNE 2, 2020

Allen & Company, Goldman Sachs, Wells Fargo Securities and BofA Securities are working as underwriter representatives and book-running managers. Baird, Wedbush Securities, JMP Securities, William Blair and Stifel are working as the offering’s co-managers.

Security 130

Security Resources Capital Management 130

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 Malaysia's microLEAP has secured $3.3

Capital 167

Capital Fintech Operations Technology 167

Gonzobanker

SEPTEMBER 4, 2018

Long-neglected contact center operations are finally getting attention from the C-suite. Executives are quickly finding, however, that rather than gaining valuable efficiencies from their vendor partnerships, technology options represent a huge execution risk. Pulling basic management reports requires a phone book-sized manual.

Technology 114

Technology Resources Fraud Strategy 114

PYMNTS

JANUARY 21, 2021

And Amazon has stepped forward to offer President Biden the company’s “operations, information, technology and communications capabilities” to help speed up the effort, the Journal said. Securing an appointment for a vaccine has been particularly problematic in many states.

America 233

America North Carolina Charlotte Strategy 233

PYMNTS

SEPTEMBER 17, 2018

Online travel booking platforms, which promise to provide travelers with a simpler way to book and pay for reservations, aren’t immune to these pain points. It currently does business via a total of 50 websites and platforms around the world, operating in 23 languages and offering rentals in 190 countries.

Data 122

Data Analytics Security Payments 122

PYMNTS

JANUARY 3, 2020

While this week saw fewer funding deals on the books, analysts pointed to a busy year for investors, particularly in India. billion in technology startup funding in 2019, a new record for the market and almost $4 billion higher than it saw in 2018. In all, B2B FinTechs secured more than $33.5 RunSafe Security. XpressBees.

Fintech 142

Fintech Security Capital Lending 142

PYMNTS

NOVEMBER 27, 2020

With more than $800,000 in seed funding on the books, RegTech startup Detected is enabling B2B eCommerce platforms and marketplaces to mitigate risk by verifying both buyer and seller identities, credit ratings, locations and solvency. SourceSage. New funding for Singapore-based B2B eCommerce platform SourceSage amounted to a $2.2 Credit Key.

Fintech 176

Fintech Capital Operations Analytics 176

PYMNTS

JANUARY 17, 2021

ICICI’s current account holders will be able to use the partnership to securely connect their software to their bank accounts. At ICICI Bank we believe that ‘ease of doing business,’ ‘digitization’ and synergy with technology partners are important growth enablers for the [SMBs],” he said, according to the report.

Software 153

Software Resources Digital Banking Report 153

PYMNTS

DECEMBER 26, 2019

These bad actors are leveraging numerous methods — including false mobile apps, loyalty and reward schemes, ATOs, phishing and phone scams — to find and exploit security flaws. Fraud decisioning technologies, therefore, need to be applied in the appropriate scenarios to effectively combat cross-channel fraud.

Fraud 130

Fraud Strategy Tools Security 130

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. In May, Revolut said it will integrate its products with Clear Books , which offers accounting software for small businesses. London startup mobile bank Revolut Ltd.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JANUARY 8, 2020

Not only that, but criminals operating in the general travel space will use stolen payment credentials to book a trip online before trying to resell that booking somewhere else at a lower price. Sure, as PYMNTS research has shown, some big, famous travel operators are pushing the frontier of fraud detection and prevention.

Fraud 136

Fraud Online Trends Industry 136

PYMNTS

MARCH 13, 2020

Investment rounds poured in across Asia, North America and Europe, with a Chinese “corporate wallet” securing the largest investment of the week. The company enables travel providers to not only manage their booking, but it adds an array of back-office services, like inventory management and accounting integrations. FinCompare.

Fintech 162

Fintech Capital Software Management 162

PYMNTS

DECEMBER 12, 2019

The travel industry is a highly fragmented, complex web of suppliers, distributors, tourism companies and online travel agents (OTAs), all hustling to keep pace with the changes occurring in how travelers — both for pleasure and business — plan, book and pay for their trips. The Business Travel Impact.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

JANUARY 24, 2020

In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement. In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

SEPTEMBER 18, 2019

financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). The digitized cash, in the form of a tokenized dollar, operates on Wells’ first blockchain platform. In a press release on Tuesday (Sept.

blockchain 122

blockchain Operations Technology Groups 122

PYMNTS

OCTOBER 3, 2019

Even just five years ago, Prophix President and Chief Operating Officer Alok Ajmera said talk of using virtual assistants in the workplace seemed more like science fiction than a real possibility. Virtual assistants allow for finance professionals to interact with the technology in a conversational, human way. Balancing Risks.

Tools 139

Tools Data Security Fraud 139

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. While some will fear it, many will crave it.

Training 195

Training Data Tools Technology 195

PYMNTS

SEPTEMBER 24, 2019

Facebook’s Libra stablecoin could be key for Big Blue to realize its ambitions for applying its blockchain technology to the financial services industry,” said Coindesk. Whereas existing AI might learn to read characters on a page, for example, a true AGI system might intuit how to write the book.”.

blockchain 124

blockchain social media System Security 124

PYMNTS

JANUARY 13, 2021

The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. eCommerce consumers said security is important when shopping, and 83 percent said that transparent fraud protection information plays a large role in deciding which eTailer to do business with.

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

NOVEMBER 23, 2020

While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. That things came to a boil in 2020 is a matter for the financial history books at this point. Fishing For BaaS. They could, and they are.

System 165

System Management Tools Cards 165

Abrigo

DECEMBER 19, 2019

Key Takeaways To book loans more quickly, institutions must create efficiencies and increase loan turnaround. Due to new and emerging technologies, changing regulations, and ever-evolving customer expectations, banks and credit unions across the country are taking an assortment of different strategies to achieve their growth goals in 2020.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

JUNE 13, 2017

Emirates Islamic is reportedly planning on using a combination of QR codes and blockchain technology to enhance protection from fraud of paper checks. According to a report , Emirates Islamic plans to issue new check books, dubbed Cheque Chain, that include a unique QR code on each page as well as a string of 20 characters that are random.

blockchain 124

blockchain Fraud Security Report 124

PYMNTS

JULY 7, 2020

Chief Technology Officer Clark Huang told PYMNTS in a recent conversation. However, he admitted that when it comes to outsourcing the processing system that books the dollars and cents for businesses, chief technology officers are unsurprisingly apprehensive about handing over full control. “I, How To Successfully Outsource.

Resources 212

Resources System Branding Maine 212

Abrigo

OCTOBER 10, 2023

By gauging an industry’s health as a whole, you could decide that the restaurant market in your area has remained stagnant while the technology industry is booming. Are there high capital or technological costs? Technological advances boot out products over time—cars replacing horses, for example.

Analysis 195

Analysis Industry Risk Management Lending 195

PYMNTS

MAY 1, 2019

To book one of the company’s apart-hotel units, travelers can use a few different channels. They can book through Airbnb , and most of the company’s units are Airbnb Plus. Locale also allows travelers to book directly through its website or via phone. The Apart-Hotel Market.

Nashville 139

Nashville Houston Austin Company 139

PYMNTS

JULY 29, 2019

Digital banking players worldwide — including those in India — are turning to advanced learning technologies like artificial intelligence (AI) and machine learning (ML) to personalize their offerings and draw users onto their platforms. conversational technology to answer users’ questions and interact with them across a variety of channels.

Digital Banking 181

Digital Banking Fraud ATM Mobile 181

PYMNTS

MARCH 18, 2019

These are just some of the ways merchants – as well as technology providers – are using biometrics or other digital innovations to onboard customers or help them make purchases: Almost three quarters – or 74 percent – of customers consider security the most important element of their online experience. as of last August.

Online 110

Online Technology Security Payments 110

Cisco

JULY 12, 2022

Regulatory requirements are a key operational concern that we hear about from our financial customers. As a key provider of technology for mission-critical financial system infrastructures across the globe, Cisco is held to the highest levels of scrutiny in the financial services regulatory audit chain. Infrastructure Management.

Regulation 71

Regulation FDIC System Software 71

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. He was a technology banker with Wells Fargo Securities and RBC Capital Markets before launching CIBC’s Innovation Banking practice.

Groups 116

Groups Innovation Capital Leadership 116