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Signature Bank Taps Tech For Simplified AP

PYMNTS

Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. Payments are facilitated using virtual Visa commercial cards, ACH and checks. a privately funded, locally-owned bank holding company founded in 2006.

Illinois 167
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FinTech Veteran Dan Henry Tapped To Lead Green Dot

PYMNTS

The board and management team are confident Dan is the perfect candidate to lead Green Dot into its next chapter, and we want to thank our consultants and other stakeholders, including Starboard Value LP, for their support and guidance during our search process. “The Henry was the CEO of prepaid debit card firm Netspend from 2008 to 2014.

Fintech 139
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More than Ten Years On, Merchants Still Hate PCI. What's the Alternative?

Payments Source

When it was created in 2006, the Payment Card Industry Security Standards Council was billed as an independent body to manage the data security standards process for the payments industry. It has been under fire from merchants ever since.

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How Facebook Unfriends Ad Fraudsters

PYMNTS

The network found that Australia’s 2018 card fraud rate was 72.8 cents per $1,000 AUD of card spending, down from 75 cents the year prior. This is the first year-over-year (YoY) decline in card fraud since AusPayNet first reported this statistic in 2006. percent in 2018 from 13.9 percent in 2017.

Fraud 158
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Always Be … Building A Better Platform

PYMNTS

Buildertrend, which debuted in the halcyon days of 2006, before iPhones and Android devices ruled the world, is a cloud-based B2B platform for the construction industry. Siegert said that, even back in 2006, it was crucial to give contractors access to the platform from anywhere with an internet connection. Adapting to the future.

Trends 100
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How Thinking Smaller Helps FinTechs Scale

PYMNTS

Property managers also used an incredibly archaic system that made it difficult to deal with rent, security deposits and payment collections. This is exactly where YapStone identified the opportunity to solve a real problem for property management companies and build long-term relationships. eventually become commoditized.”.

Fintech 130
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Decoupled Debit — Again?

PYMNTS

It’s the decoupled debit card. Note to the payments history buffs out there: The real decoupled debit interchange pioneer was a company called Tempo, aka Debitman , established in 2000 and acquired by HSBC in 2006 after struggling for years to get acceptance at merchants.]. Merchants paid less when they accepted those cards.

Branding 184