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Cancel Culture: Technology Makes Managing Subscriptions Easy For Consumers and Banks

PYMNTS

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. Subscription management is part of that.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Deploying Spend Management Technology To Rebuild After Disaster Strikes

PYMNTS

The paperwork and delays that employee expenses generate can strain any business’s operations. Barry Floyd, the firm’s chief financial officer, told PYMNTS in a recent interview that the company was particularly busy during 2016 and 2017, when Hurricanes Matthew and Irma hit the company’s home state of Florida.

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Boost efficiency through operational innovation in financial services

Insights on Business

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. In 2016, the IBM Institute for Business Value teamed up with the Economist Intelligence Unit to interview global bankers. Drivers for Operational Innovation.

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How AI Can Help Automate Expense Management

PYMNTS

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5 billion by 2024.

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Wells Fires Slew Of Retail Bank District Managers

PYMNTS

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. The firings are the result of a scandal that started in 2016, when investigations revealed that employees trying to meet sales targets opened about 2.1 million fake accounts.

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Fleet Management Market To Grow To $27.9 Billion By 2021

PYMNTS

The fleet management market is estimated to grow from $9.54 billion in 2016 to $27.9 According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. billion by 2021 at a CAGR of 23.9