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Banking On Consumer-Centric Strategies To Spur Virtual Card Adoption

PYMNTS

Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

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What eInvoicing Standardization Could Mean For AP Automation

PYMNTS

The Federal Reserve Bank of Minneapolis’s Payments, Standards and Outreach Group published a report in 2016, “ U.S. Adoption of Electronic Invoicing: Challenges and Opportunities ,” which explored the potential for the U.S. to embrace eInvoice standards in an effort to achieve end-to-end efficiency in the U.S. payments system.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Provided instant card-issuance technology to Bank of the Ozarks. Announced EMV-instant issuance milestone of more than 10 million cards in the U.S. Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Entrust Datacard ( FD15 ).

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Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

Pearl Capital. Gift card payment network. HQ: Minneapolis, Minnesota. Sentiment analysis for capital markets. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Tags: SMB, ISOs, merchants, acquiring, payments, debit/credit cards. Source: Crunchbase. Total raised: $30+ million.