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Deep Dive: How Automation And The Cloud Can Improve Operational Efficiency In Payments Processing

PYMNTS

FIs were fined more than $17 billion in penalties between 2009 and 2019 for improper AML procedures, for example, including major players like Commonwealth Bank of Australia, Deutsche Bank and Goldman Sachs.

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Deep Dive: Voice Assistant Technology For Mobile Order-Ahead

PYMNTS

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

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.

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IFC, Citi Launch $800M Fund To Support Trade Finance In Emerging Markets

PYMNTS

By rapidly increasing our capacity to deliver trade finance, IFC and Citi can help businesses maintain their operations during the crisis and speed their recovery when the pandemic eases.”. The partnership has secured financing for 4,600 trade transactions through 185 banks in 48 emerging market countries.

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Are branches going the way of the dinosaur?

Cisco

In 2009 when the closing of branches trend began the U.S. Branches are a valuable component of your brand, a physical and visible symbol of safety and security of your money. Commerce disruptor Amazon has found value in operating physical stores, financial institutions should be able as well. Optimize branch operations.

America 109
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IFC, Citi Launch $8M Fund To Support Trade Finance In Emerging Markets

PYMNTS

By rapidly increasing our capacity to deliver trade finance, IFC and Citi can help businesses maintain their operations during the crisis and speed their recovery when the pandemic eases.”. The partnership has secured financing for 4,600 trade transactions through 185 banks in 48 emerging market countries.

Marketing 193
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Blockchain Tracker: How Blockchain Tech Is Evolving Financial Services

PYMNTS

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.