PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

San Francisco 234

San Francisco Payments Online Meeting 234

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. “When these systems start becoming as easy as taking a selfie, every small business will want to use it,” Charles said.

Mobile 169

Mobile Fintech Software Tools 169

PYMNTS

FEBRUARY 7, 2020

Bank of America can now integrate data from key third-party business applications on its Business Advantage 360 platform to offer a more complete financial picture for small businesses, according to an announcement. The news comes on the first anniversary of the rollout of Business Advantage 360.

America 160

America Google Analytics California 160

PYMNTS

DECEMBER 16, 2019

Is there a better way to deal with online sales taxes ? And how will challenger banks fare in 2020? consumers who conduct most of their banking offline. 10B: Estimated online food delivery fees by 2023. consumers who most often access bank accounts online and via mobile.

Taxes 130

Taxes Online Mobile Data 130

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). and Amazon Business UK that lets those who have cards accrue rewards points or opt for a deferred payment term for every transaction, according to the announcement.

Cards 248

Cards Innovation United States Branding 248

PYMNTS

OCTOBER 21, 2020

To that end, the banking giant J.P. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Morgan seems to be banking on speed as a selling point to gain traction with smaller firms. For SMBs, what’s in the cards … are more card readers.

Marketing 306

Marketing Maine Cards Payments 306

PYMNTS

SEPTEMBER 3, 2019

challenger bank Starling Bank is gearing up to launch a web portal this month, as well as to introduce new loan offerings from third-party providers. The company submitted its biannual update to Banking Competition Remedies, according to AltFi reports Friday (Aug.

Lending 171

Lending blockchain Security Management 171

PYMNTS

OCTOBER 15, 2018

Frosh issued a warning to the state’s small business (SMB) owners last week, he shed light on the fact that, despite business owners’ rising focus on cyberattacks, some scammers continue to use legacy tactics to target their victims. “This is a scam, pure and simple. “This is a scam, pure and simple.

Maryland 192

Maryland Online Cards Data 192

PYMNTS

DECEMBER 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8

Operations 191

Operations America Payments National 191

PYMNTS

NOVEMBER 12, 2020

PYMNTS’ November 2020 Disbursements Tracker® , done in collaboration with Ingo Money , states that “FIs that support digital and mobile payment tools could help these consumers access financial solutions without using traditional accounts, but many FIs must address age-old challenges before they can roll out such tools.”

Mobile 202

Mobile Study Tools FDIC 202

PYMNTS

JULY 23, 2020

France’s Orange Bank is launching completely mobile banking services in Africa, according to a press release. The original intent of the company was to help those without access to the usual banking services, often helping those who lacked employment contracts or identification as they worked in more informal jobs.

Mobile 140

Mobile Online Regulation Company 140

PYMNTS

SEPTEMBER 26, 2018

Bank has debuted its online lending portal for small business borrowers, the financial institution announced on Tuesday (Sept. Following in the path of alternative and marketplace lenders, traditional banks are increasingly digitizing their financing offerings for small firms. The latest to do so is U.S.

Lending 128

Lending Online US Survey 128

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. It’s a reckoning that that can help them cross the Rubicon toward contactless (and, specifically, mobile) payments. As Good noted, four in 10 U.S.

Mobile 280

Mobile Community Bank Cards Community 280

PYMNTS

SEPTEMBER 30, 2019

PayPal Holdings announced that it can do business in China after buying a controlling stake in a domestic payments firm. The People’s Bank of China has approved PayPal Information Technologies Co., The People’s Bank of China has approved PayPal Information Technologies Co., GoPay), Ltd.,

United States 169

United States Mobile Online Payments 169

PYMNTS

MARCH 18, 2020

One of the largest business lenders in Europe, iwoca , has announced a new platform called OpenLending that can bring together both FinTechs and banks and help spread iwoca’s lending abilities to the 2 million U.K. businesses that might need it, according to a press release.

Fintech 131

Fintech Lending Customer Experience Software 131

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Using public wi-fi with caution and safeguarding mobile apps. 149,000: the average cost of a data breach for a small-to-medium sized business , according to AppRiver.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Consider the fact that in Mexico it can take four to six months to open a business account — and as much as a year to get access to a debit card. Widening Debit’s Acceptance.

System 258

System Operations Fintech Taxes 258

PYMNTS

NOVEMBER 16, 2020

Today in B2B payments, Mastercard adds new features to its Track Business Payment Service, while a U.K. FinTech with a focus on small businesses secures a restricted banking license. Mastercard Adds A2A Capability For Track Business Payment Service. FactorForYou Links SMBs With Factoring Companies.

Security 141

Security Samsung Resources Management 141

PYMNTS

APRIL 8, 2020

The mobile and online payment platform has announced it is offering “a series of initiatives to support small businesses in Wuhan as the city emerges from lockdown.”. “We will continue to provide leading digital technology solutions to support the recovery of small businesses and help them prepare for the future.”

Tools 140

Tools Technology Online Mobile 140

PYMNTS

OCTOBER 22, 2018

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue to hold the dominant position in the SMB financial services (FinServ) space.

Fintech 155

Fintech Maine Survey Regulation 155

PYMNTS

SEPTEMBER 4, 2020

But business as usual will be anything but traditional – even with face-to-face commerce – due to the great digital shift we’re seeing now, and will continue to see after the pandemic. At a high level, SoftPOS – short for software point of sale – lets merchants take contactless payments across their own mobile devices and tablets.

Mobile 238

Mobile Payments Software Retail 238

PYMNTS

OCTOBER 30, 2018

Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). 29) said Alipay is introducing a range of solutions for small businesses to support growth of China’s SMB community. Reports in Financial IT on Monday (Oct.

Lending 134

Lending Tools Mobile Analysis 134

PYMNTS

OCTOBER 19, 2017

Seed , which launched in 2015 to disrupt small business (SMB) banking, is emphasizing its focus on mobile-first solutions in the wake of revelations of its recent survey. 18), Seed revealed news that it is rolling out small business banking solutions and released the results of a survey of 423 small businesses in the U.S.

Mobile 116

Mobile Management Survey Community 116

PYMNTS

JUNE 26, 2020

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. Developments Around the Cloud Banking World.

Meeting 227

Meeting Mobile Digital Banking Tools 227

PYMNTS

FEBRUARY 21, 2020

As is often the case with technology adoption, small business (SMB) owners are seeking services and solutions that offer the same convenience and optimized user experiences provided in their personal lives. Unlike consumers, small businesses’ insurance needs are unique and complex.

Policies 141

Policies Management System User Experience 141

PYMNTS

SEPTEMBER 21, 2020

Women, refugees, the poor and the young had historically had low inclusion in Jordan’s banking system because there’s no good onboarding process for them – but mobile-phone penetration runs deep across Jordanian society, even among critically underbanked segments. Building Better Payments And Banking Services .

System 257

System Mobile National Payments 257

PYMNTS

OCTOBER 25, 2018

Today’s coverage includes a big Facebook tech move, and a pending rules change for big banks in the U.S. Walmart and Amazon expand their retail and fulfillment options, and there is a new credit score feature for small businesses. Fed Mulls Big Bank Rules Change o n Oct. The central bank’s board will meet on Oct.

social media 128

social media Mobile Meeting Tools 128

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. These programs have met a long-running challenge in quickly getting funds to businesses, however, including delays and red tape.

Payments 169

Payments Fintech Trends United States 169

South State Correspondent

MAY 31, 2023

It is a dangerous troupe in banking that an omnichannel approach is best. The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Branching is likely your bank’s highest functional cost, just ahead of loan production.

Data 195

Data Branch Strategies Strategy Mobile 195

South State Correspondent

OCTOBER 28, 2022

Small Idea – It’s Our Kid’s Technology. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Small Idea – You Will Need a New Core Soon. It is closer to five.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

FEBRUARY 5, 2020

Application programming interfaces (APIs) may be underutilized in business and financial sectors. Recent surveys have found that many bankers and small business (SMB) owners are unaware of how to use business-to-business (B2B) APIs securely and optimally. Around The B2B API World. About The Tracker.

Payments 195

Payments Charlotte Survey System 195

PYMNTS

DECEMBER 31, 2020

percent made purchases via mobile in the last 24 hours. 31 percent bank via app. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. 35 percent of retail businesses have experienced an increase in demand. Main Street SMBs: The 18-Month Outlook.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

DECEMBER 13, 2017

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. The portal will allow a small- or medium-sized business (SMB) to seek a loan from the bank without physical paperwork or a visit to a branch location.

National 108

National Lending Online Mobile 108

PYMNTS

AUGUST 24, 2020

Businesses and consumers alike are increasingly tapping new digital offerings for their financial needs as the ongoing COVID-19 pandemic shifts banking practices. Moving to cloud-supported infrastructure is one way these banks could shore up their products and keep customer interactions seamless. Around The Cloud Banking World.

Digital Banking 226

Digital Banking Software System Innovation 226

Chris Skinner

MAY 30, 2017

Expanding on yesterday’s discussion of how MNOs are sweeping up business for the underbanked and unbanked, Igor Pesin of Life.SREDA posted a lovely update giving even more detail. Fintech development in Rwanda is driven by Telcos.

Mobile 334

Mobile ATM Fintech Conference 334

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., The verdict, overall, is quite good: Small business optimism is, again, at new heights. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144

Taxes America National Community 144

PYMNTS

JUNE 26, 2020

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. I’d say that the businesses certainly have been impacted by shelter-in-place restrictions and the economic slowdown,” he said.

Payments 176

Payments Software Trends Digital Marketing Channels 176