Gonzobanker

AUGUST 14, 2019

When most financial executives read the headline “Capital One Data Breach,” they had two thoughts: How is this going to impact the financial sector? In this case, information about Capital One ’s customers. Aren’t both AWS and Capital One both responsible? What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

Perficient

OCTOBER 12, 2020

Specializing in cloud-based business transformation, Perficient’s new Treasury Technology practice will improve client’s global banking footprints through bank connectivity and address concerns for payment fraud. Building bank connectivity without the Kyriba solution requires costly and risky custom development. ”

Risk Management 309

Risk Management Fraud Management Compliance 309

Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” In this blog, we wanted to share a practical solution that blockchain technology can offer financial services institutions – the ability to provide instant settlement and optimize collateral on demand. I’m giving it all we’ve got.

Operations 275

Operations blockchain Capital Security 275

PYMNTS

SEPTEMBER 6, 2018

In addition, China’s Beijing Inspiry Technology is deploying a mobile payments in Japan , and Volopa has chosen Onfido to help verify applicants’ identities when on-boarding new clients. South Africa -based Yoco has notched $16 million in a Series B round led by venture capital firm Partech , the company said in an announcement.

Technology 108

Technology Cards Mobile Payments 108

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

APRIL 11, 2019

Supply chain payment technology firm Taulia is teaming up with Google Cloud to enable an artificial intelligence-powered invoice processing solution. The faster an invoice can be processed, the sooner it can be leveraged with the company’s working capital strategy, thereby bringing more opportunities for companies to free up cash.”.

Google 164

Google Tools Data Technology 164

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

San Jose 226

San Jose Capital Utah Operations 226

PYMNTS

FEBRUARY 21, 2020

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin. MaxWholesale.

Capital 181

Capital Technology Cards Texas 181

Gonzobanker

SEPTEMBER 21, 2023

Core connectivity and API providers CFM and NXTsoft merged, acquiring document workflow provider IMM and rebranding as Kinective. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alogent acquired document imaging and tracking solution provider AccuSystems.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

NOVEMBER 4, 2020

At the very least, outdated tools and workflows slow down the process of getting capital into the hands of exporters and importers that need funding to fuel business. Today, some documents are still sent the old-fashioned way," explained Tsafrir Attar , vice president of Digitization at Surecomp.

Regulation 234

Regulation Tools Compliance Technology 234

Perficient

JULY 12, 2022

With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. The connection between technology and consumers in financial services has never been more relevant.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

MARCH 2, 2020

The 2020 outlook report from the National Restaurant Association illustrates an industry contending with the countercurrents of solid consumer spending and disruptive technology. The organization expects that technology could change the face of dining by the turn of the next decade. All this, Today in Data.

Industry 142

Industry Arizona Virginia National 142

PYMNTS

OCTOBER 19, 2020

Access to capital has always been more difficult for SMBs, and Vikram Gupta , head of the banking product engineering group at Oracle Financial Services , told PYMNTS the pandemic has only spotlighted transactional risks. Access To Capital. Supply Chain Financing.

Capital 150

Capital Payments System Course 150

PYMNTS

JANUARY 26, 2021

The financial institution (FI) revealed last week that it is working with Volante Technologies to accelerate its ISO 20022 adoption, leaving Citi to become Volante’s first banking customer to take a unified approach to its global migration to the messaging standard. HashCash Brings Blockchain Tech To Unnamed Bank.

blockchain 355

blockchain Data Fintech Technology 355

PYMNTS

JANUARY 25, 2019

Reports in Business Times said the FI’s unit in Singapore has completed its first cross-border trade finance transaction using blockchain infrastructure from Distributed Ledger Technologies. Using the blockchain platform, Standard Chartered generated digital trade documents for Agrocorp to receive a chickpea shipment from its supplier.

blockchain 173

blockchain Technology Capital Report 173

PYMNTS

MAY 8, 2019

Blockchain technology is taking hold in the Southwest, with the help of organizations encouraging development in the space. Approximately 140 firms that are involved in blockchain technology and crypto assets have a presence in Austin, Harris said. It also has crypto investment funds such as Multicoin Capital and Adamant Capital.

blockchain 223

blockchain Austin Texas Houston 223

Abrigo

OCTOBER 14, 2022

You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." Read the whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk.". The document provides a baseline and severely adverse scenario that banks can use as a defensible starting point for stress testing worst-case scenarios.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 PYMNTS rounds up all the latest deals below.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc., In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

SEPTEMBER 4, 2019

trillion gap in global trade finance — continues to be used as a driver of FinTech innovation as technology startups look for ways to address friction in global trade financing. That could mean digitizing documents, integrating data across business partners, or accelerating the movement of funds across borders. ADCB And dltledgers.

Fintech 143

Fintech blockchain Capital Innovation 143

PYMNTS

AUGUST 3, 2020

The board of directors of RateSetter unanimously recommends the transaction and that shareholders of RateSetter accede to the relevant transaction documents,” the release said. However, Metro was forced to curtail its efforts when it was revealed that it was miscategorizing some loans when figuring capital requirements.

Metro 230

Metro Lending Meeting Capital 230

PYMNTS

JUNE 22, 2020

The company said associates with active cards will be given credit and identity theft monitoring services, courtesy of privacy technology company ID Experts. Also, the FBI has been called to assist with finding out the perpetrator.

Cards 257

Cards Fraud Course Report 257

PYMNTS

MAY 29, 2020

Access to capital for small- to medium-sized businesses ( SMBs ) has always been vital, as well as a challenge. In some cases, when a traditional bank shuts the door on an SMB applicant, a business owner may not know where else to turn for capital. But the price tag is rarely painless. In some cases, tax advantages may be available.

Capital 168

Capital Technology User Experience Strategy 168

Gonzobanker

FEBRUARY 22, 2024

For bankers to be successful in the small business lending market, they need to execute on several key tenets: strategy, people, process and technology. The challenge for community bankers is to match the experience of the challenger banks and fintechs that are utilizing technology to differentiate. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

MARCH 10, 2020

It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.

Data 193

Data Lending Capital social media 193

PYMNTS

APRIL 13, 2020

While the technology may remain unfamiliar to many legacy players and regulators in the financial market, blockchain can be a useful solution in streamlining the invoice finance process for small businesses that continue to wait longer for their invoices to be paid. .” The Technology Mix.

blockchain 155

blockchain Capital Regulation Fintech 155

PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd., million documented foreign workers.

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

MAY 8, 2019

In a court filing, Amazon said it was still trying to figure out how the hackers got access to the accounts, but thinks the assailants somehow changed account details on the Seller Central platform to their own accounts at Barclays and Prepay Technologies. One of the Amazon units named in the case is Amazon Capital Services U.K.,

Fraud 248

Fraud Capital Report Data 248

Insights on Business

JUNE 19, 2017

According to a report from Santander, blockchain technology is poised to save banks $20 billion dollars a year in infrastructure costs by 2022. Pete Cherecwith, Northern Trust president of Corporate and Institutional Services, avoided viewing blockchain as impressive technology to put to use somewhere.

blockchain 181

blockchain Capital Management Security 181

PYMNTS

APRIL 19, 2019

Data from Mercom Capital Group showed that investors put $2 billion into digital health startups during the first quarter of the year, less than the nearly $2.5 Favorable market conditions have prompted several companies to announce IPO plans,” said CEO Raj Prabhu of Mercom Capital Group. billion invested one year ago.

Analytics 122

Analytics Capital Groups Data 122

PYMNTS

JULY 30, 2018

Electronic invoice processing firm CloudTrade has announced the completion of its first investment round, securing £2 million ($2,621,936 USD) from Calculus Capital. “There is no doubt that we have proved that, with the business growing at over 40 percent YOY globally and now processing over 30,000 documents per day.

Regional 100

Regional Capital Marketing System 100

Abrigo

JANUARY 27, 2017

The good news for financial institutions that see SMB lending as a crucial part of their loan portfolio growth strategy is that small businesses are in need of capital. Access to Capital 2. By reviewing which documents don’t necessarily need a “wet ink” signature the bank can significantly shorten the application timeline.

Online 150

Online Capital Software System 150

PYMNTS

DECEMBER 23, 2019

In cases like Carillion, analysts have raised concerns that large conglomerates are intentionally withholding payments to take advantage of capital float — to the dismay of smaller players and professionals in the market. Technology needs to really draw out those incentives for faster payments in order to change the paradigm,” he said.

Payments 130

Payments Industry Tools Capital 130

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 182

Fintech Lending Software Compliance 182

PYMNTS

APRIL 22, 2016

Bank of America Merrill Lynch is releasing an upgrade to its trade finance processing tool in an effort to help corporate treasurers streamline document management. The upgrade recognizes metadata within invoices and other documents during document searches, Bank of America said.

Tools 100

Tools America Data Meeting 100

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Abrigo

SEPTEMBER 2, 2020

Technology can create efficiencies that allow them to reimagine customer interactions moving forward. Banking technology and digital offerings have long been associated with the preferences of Millennials and Gen Z, but the coronavirus has quickly reshaped banking behaviors. Capitalizing on PPP innovations for a better experience.

Lending 259

Lending Community San Antonio Survey 259