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Volante Lands Deal To Modernize Banorte’s Cross-Border Payments Systems

PYMNTS

Banorte will connect “all related systems, including channels” to Volante’s VolPay , which will help the bank orchestrate and process cross-border transactions while also “accelerating the bank’s digital strategy,” Volante said in a press release.

System 140
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Using Data in Banking – Get This Framework

South State Correspondent

You don’t have an “internet strategy,” an “insurance strategy,” or a “digital strategy.” Banks like Capital One, for example, have 23% of their employees in some data analytical role. That is not what banks should be doing to start.

Data 195
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Ayala To Launch Fund Focused On FinTech, eCommerce, Healthcare

PYMNTS

Ayala, the Philippines -based conglomerate, is raising money for a new capital fund that will invest in technology companies. The executive was quoted as saying the company will be “bolder and more deliberate” in its venture capital strategy, supporting businesses with disruptive technology.

Fintech 108
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Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. But that’s not the whole story, of course.

Fintech 169
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BNY Mellon Adds Three Executives To Its Digital Team

PYMNTS

BNY Mellon announced Tuesday (April 9) the appointment of three executives to help oversee the digitization strategy at the bank. All three report to Roman Regelman , who is in charge of digital at BNY Mellon and will be based in New York. She’s also managed strategy projects and invested in early-stage companies.

Strategy 100
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Trade Finance Moves To Stabilize A Volatile Market

PYMNTS

Smaller trading businesses, in particular, are struggling to manage the sudden costs of tariffs, as well as the unexpected volatility of supply chains’ geographic adjustments to avoid those fees. The brewing of global trade wars has importers and exporters reeling.

Marketing 108
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Macy’s Earnings Preview: Watch The Digital Shift

PYMNTS

Since then the company has axed 3,900 more jobs, mostly in its corporate ranks, and has not been able to capitalize on the Polaris plan. For Macy’s, digital sales continued to be strong even in areas where stores reopened. Then the pandemic happened. The typical consumer doesn’t buy all their holiday gifts in October.”.

Strategy 195