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CFOs Shift Away From The Stereotype

PYMNTS

The nation is embracing faster payments and FinTech innovation, while the market is being shaped by everything from the payments Modernization initiative of Payments Canada to the legalization of marijuana. Researchers found more than a fifth of CFOs had taken up the post of CEO in 2014, compared with just 14 percent who did the same in 2004.

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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. has dropped from 8,000 in 2004 to about 5,400 in 2018.

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Why Authentication And Real-Time Tracking Are Key To API Security

PYMNTS

The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. We’re seeing a shift toward not only real-time payments, but also real-time treasury management, real-time forecasting and real-time fraud detection.”.

Security 151
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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. At the same time, an influx in the variety of financial management solutions for large and small businesses has some companies looking beyond the corporate accountant.

Trends 108
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5 Lessons Using Bank Customer Lifetime Value Data

South State Correspondent

We have discussed the importance of the CLV metric HERE , or bankers can look up our favorite academic paper on the topic “ Counting Your Customers Research Paper 2004 ” by Fader, Hardie, and Lee at Wharton. When you hear their management talk, they pride themselves on their growth.

Data 195
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The 134 Fintech Unicorns of the 21st Century (Feb 2021 update)

Fintech Labs Insights

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. trillion up from $1.25

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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

It was only in December when management shared the stunning news that Yahoo! ’s management could focus on rebuilding the company’s core Internet businesses. was planning to spin itself off (more precisely its core Internet businesses) to its shareholders. By spinning out the Alibaba stake to Yahoo!’s

Google 100