American Banker

DECEMBER 15, 2023

Some analysts see the deal as a signal that Webster does not plan to sell its health savings account business, which has been the subject of recent speculation. The Connecticut bank agreed to pay $350 million to acquire Ametros Financial, a custodian and administrator of medical funds from insurance claim settlements.

Connecticut 74

Connecticut 74

PYMNTS

SEPTEMBER 17, 2020

MetLife has agreed to acquire Versant Health , which owns popular brands Davis Vision and Superior Vision , in a $1.675 billion transaction from its owners, an investor group led by Centerbridge Partners , according to a press release. FFL Partners was also among the investors that previously owned Versant Health, the release noted.

Branding 256

Branding Groups Capital Payments 256

PYMNTS

JANUARY 19, 2021

financial health officer at LendingClub, said the combination of LendingClub/Radius will create the U.S.’s He told Webster “our customers are not predominantly in the areas that would be most affected by COVID” — and in actuality, those customers have been building up savings and paying off debt.”. High-Yield Savings.

Digital Banking 290

Digital Banking Cards Digital Strategies Survey 290

Perficient

DECEMBER 7, 2020

Health plan organizations must conquer mountains of data, increasing regulations, and escalating consumer expectations. Common Risks and Consequences for Health Plans Not Embracing Digital Transformation: Digital transformation in regulated industries, such as health insurance, can feel daunting, to say the least.

Groups 294

Groups Comparison Industry Tools 294

PYMNTS

JUNE 15, 2020

Digital accounting platform Receipt Bank has acquired analytics firm Xavier to help boost services for accountants and bookkeepers, according to a press release. By using this technology, bookkeepers can save money and time. By using this technology, bookkeepers can save money and time.

Tools 142

Tools Analytics America Data 142

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.” In a word, “legacy.”

Mobile 202

Mobile Study Tools FDIC 202

PYMNTS

AUGUST 3, 2020

BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. as it deepens its transformation and capitalizes on the innovations that have changed the way it does business. financial health?,” insured digital account will be built on BBVA’s infrastructure and powered by Google Pay.

Google 221

Google Digital Banking Alabama Community Bank 221

PYMNTS

DECEMBER 16, 2020

The health insurance industry is a major sector in the United States, where most employers are required to provide coverage to full-time employees. A growing number of businesses are therefore choosing to avoid so-called “fully insured” plans, instead electing self-funded health plans to save money.

Cards 203

Cards Data Payments United States 203

Abrigo

NOVEMBER 13, 2023

Streamline your annual review process Which loans need them, what processes to avoid, and how to save time working with borrowers' complex credit needs. Look at patterns in customers’ businesses, whether seasonal or otherwise, so you know what is typical for them and understand the red flags to watch for. Profitability analysis.

Analysis 195

Analysis Lending System Survey 195

PYMNTS

DECEMBER 1, 2020

Last year saw 68 percent of companies using wire transfers to transact with international business partners, but more firms are now regarding this approach as too friction-heavy. Around The Business Digitization Space. Businesses also stand to save by automating their invoice processing and moving away from manual practices.

Trends 218

Trends Tools Payments Resources 218

PYMNTS

MARCH 30, 2020

By using WhatsApp, customers can check account balances, their last three transactions, credit card limit and details of instant loan offers, and can also block or unblock their credit and debit cards. Non-ICICI Bank retail customers can access the benefits of ICICIStack by opening instant savings accounts online.

social media 146

social media Retail ATM Cards 146

PYMNTS

MAY 3, 2020

The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how to restart an economy intentionally shut down roughly two months ago. 31 percent of consumers plan to save their stimulus funds for a rainy day. According to a survey by Cowen and Co.,

Georgia 314

Georgia North Dakota South Carolina Atlanta 314

PYMNTS

JUNE 23, 2020

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

DECEMBER 1, 2020

“Companies shifting to digital payment methods are overcoming many of the challenges that have historically plagued business-to-business (B2B) transactions. APIs and accounts payable (AP)/accounts receivable (AR) automation are revving up the speed of money and financial data to a pace more in line with pandemic-era market demands.

Operations 161

Operations Payments System Survey 161

South State Correspondent

JANUARY 10, 2024

Finally, the type of business tends to be of higher profitability. However, other traits, such as legacy businesses or those that have been or plan to be passed down to the next generation, tend to be more profitable. Customers who come to the bank for high-priced CDs, savings, or money market accounts are classic examples.

Management 195

Management Examples Marketing Millennials 195

Independent Banker

JUNE 30, 2022

relaunch their business. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. for funding to reopen the business after years of inactivity, chairman, president and CEO Terry L. Photo by Linkes Photography.

Community Bank 172

Community Bank Community National Philadelphia 172

South State Correspondent

SEPTEMBER 7, 2022

This approach is the more common route as little advanced machine learning knowledge is necessary, and the business line can often handle this analysis. The higher the q-value, the more significantly important the attribute is, and the more bank marketers should take the attribute into account when planning a campaign.

Marketing 195

Marketing Data Groups Analysis 195

PYMNTS

AUGUST 5, 2020

The Zibo tools are meant to help save time and implement new tools like Federal Deposit Insurance Corporation (FDIC)-insured business checking accounts, automated rent collection, online bill pay and expense management to help streamline tax preparation. Right now, less than 20 percent of U.S. In addition, 71.7

Payments 141

Payments FDIC Tools Taxes 141

PYMNTS

SEPTEMBER 15, 2020

Additionally, SBM customers can get preferential personal banking services, such as better rates on savings accounts with monthly interest payouts and competitive foreign exchange rates, the bank said. . “We In May, Mastercard vowed to connect one billion people and 50 micro-businesses to the digital economy within five years.

Cards 150

Cards ATM Resources Tools 150

PYMNTS

AUGUST 17, 2020

Accounting departments, for example, suddenly had employees accessing highly sensitive data remotely via home Wi-Fi, without the data security extant in office-based accounting as we’ve long known it. And operations still using manual accounts payable (AP) methods are really rethinking things. “A And it won’t.

Management 153

Management Survey Tools Study 153

PYMNTS

APRIL 29, 2020

The virus and the measures taken to protect public health are inducing sharp declines in economic activity and a surge in job losses. households and businesses.”. households and businesses.”. Weaker demand and significantly lower oil prices are holding down consumer price inflation.”.

United States 144

United States Marketing Security Operations 144

South State Correspondent

APRIL 24, 2023

You can name the task and save the agent. So, like any new bank marketer, it composed a fairly interesting email (below) using the subject line “Secure Your Healthcare Future: Boost Your Health Savings Account Contribution.” It then created a challenge email to test that (below). On Day 14, it hit $1.6 On Day 25, $2.3

social media 195

social media Data Marketing Technology 195

PYMNTS

MAY 24, 2019

The China Construction Bank (CCB), based in Baotou, will handle the bank’s business operations. Some analysts worry that this is a sign of the volatility of the country’s financial health during the country’s economic slowdown. Banks have been reticent to lend to small businesses in China because their default rates are higher.

Regulation 158

Regulation Lending Guidelines Maine 158

PYMNTS

JULY 10, 2020

Cash flow is king, especially for small- to medium-sized businesses (SMBs). SMBs go out of business within five years, according to a 2019 study , and it found that issues with managing or understanding cash flows factored into 82 percent of these closures. . Twenty-four percent of U.S. Cutting Out Inefficiencies.

Tools 138

Tools System Operations Resources 138

PYMNTS

JUNE 11, 2020

Portall Infosystems of India created the PCS technology and has put it into place at 13 significant ports in the country and 19 ports overall with over 16,000 business stakeholders. The process is said to more effectual and in line with the necessity to social distance during the coronavirus health crisis.

Bitcoin 142

Bitcoin blockchain Community System 142

Abrigo

JANUARY 18, 2016

How an electronic tax return reader provides more time for advisory services As accountants and their staff scramble to complete client W-2s and 1099s to meet other deadlines related to the start of tax season, it’s hard to see an end to the crazy schedules.

Taxes 150

Taxes Meeting Analysis Data 150

PYMNTS

NOVEMBER 13, 2018

Workers can see a portion of their wages transferred to their bank accounts in near real-time for reduced cash flow pressure while professionals wait for their official payday. Small and medium-sized businesses are looking for payroll and HR solutions that can support this demand, he said.

Resources 143

Resources Management Fintech Industry 143

PYMNTS

JANUARY 19, 2021

financial health officer at LendingClub, tells Karen Webster that the combined company will create the first U.S. neobank, with a branchless digital first approach to financial services — complete, eventually, with high-yield savings accounts. UK To Require Companies To Pay Small Businesses In 30 Days.

DC 142

DC Payments Fraud Regulation 142

PYMNTS

JANUARY 14, 2021

As Walgreens President John Standley said in a statement , it will also enable the retailer to create new revenue streams and further initiatives in the “health and well-being payment initiatives” in the future. And in that statement lies another reason the Walgreens-Mastercard announcement is not a standard co-brand relationship.

Payments 174

Payments Branding Analytics Data 174

PYMNTS

SEPTEMBER 28, 2020

COVID-19 is an ideal example, as cold-hearted fraudsters are siphoning off funds designated for legitimate people and businesses. This risk-based approach is key to detecting and stopping ATO attacks as well as preventing fraudsters from altering accounts to extend takeover while providing good [customer experiences] for [genuine] clients.”.

Fraud 202

Fraud United States Examples cryptocurrency 202

Abrigo

APRIL 27, 2016

Often, it was a crisis – a lost job or a major health problem, for example. Some of your business clients experience a similar tension, finding it difficult to understand what’s actually going on with their businesses’ finances but wanting to do so.

Taxes 150

Taxes Analysis Examples Comparison 150

PYMNTS

APRIL 29, 2020

Retailers will also receive their own FedEx account number for use with any shipping solution, enabling access to help desk services and package management services, such as rerouting. This pandemic has made it absolutely clear that businesses need options and partners they can trust.

Retail 154

Retail Customer Experience Branding Conference 154

PYMNTS

DECEMBER 24, 2020

These O2C challenges are only compounded for businesses that conduct cross-border B2B payments, as these firms must manage shifting foreign exchange (FX) rates, varying international regulations and other variables to ensure that orders, invoices and payments are accurate. Automation's Expanding Role In The O2C Process.

Company 198

Company Payments Study Tools 198

PYMNTS

JUNE 8, 2020

At least part of the gain has been tied to the Paycheck Protection Program (PPP), which while important as a measure that tries to keep small- to medium-sized businesses (SMBs) running and payrolls staffed, is not a long-term support for unemployment. Drill down into the data a bit, and the a few things come to light.

Report 154

Report Data New York America 154

PopularBank

MARCH 29, 2022

If you’re one of the 16 million workers who identify as self-employed , here are our tax deduction tips for small businesses to help you navigate ?ling If you work from your home or use part of it in your business, consider the self-employment tax deduction, as it could get you a break on the cost of keeping the lights on.

Taxes 52

Taxes Strategy Cards Meeting 52

South State Correspondent

NOVEMBER 9, 2023

Understanding the line of business attack vectors, factoring the IT assets that support that business surface, and then reprioritizing the risk will continue to be an ongoing effort of banks in 2024. Likely, banks look for fraud during business hours but not after hours or on weekends.

Trends 195

Trends Technology Fraud Data 195

PYMNTS

OCTOBER 20, 2016

CVS Health is launching its mobile payment solution, CVS Pay, on a national basis after a successful test, according to Chainstorage.com. CVS Pay is found on the CVS Pharmacy mobile app, which allows customers to pay, collect prescriptions and apply the ExtraCare loyalty program all with a quick scan at checkout.

New York City 100

New York City User Experience New York Mobile 100