PYMNTS

JULY 15, 2020

For the service providers themselves, he noted, it’s critical to have a high-touch relationship with companies that are in search of capital in order to best understand their needs and the way their business operates. But it’s just as important for the business itself to fully understand its options. A Digitization Push.

Innovation 135

Innovation Tools Strategy Management 135

PYMNTS

JUNE 19, 2019

Disruption keeps hitting the travel industry, whether via digital payment or commerce, and the latest example of that comes from a U.K.-based As PYMNTS research has demonstrated , four out of 10 travel operators struggle to manage multiple payment service providers. based startup called Duffel.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

Innovation 124

Innovation Digital Strategies Payments Tools 124

Accenture

AUGUST 20, 2019

Thereby providing value-added merchant servicing and delivering innovation lift to both transactions and businesses to ultimately benefit the end consumer. Integrating payment acceptance with business management solutions helps merchants, particularly small businesses, both to process payments and run their businesses in innovative ways.

Software 150

Software Capital Payments Analysis 150

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels.

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

OCTOBER 2, 2020

Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. For example, over the summer, integrated payments and eCommerce technology provider Paya merged with FinTech Acquisition Corp. to go public.

Payments 277

Payments Innovation Capital Fintech 277

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

NOVEMBER 22, 2020

Many of the small and medium-sized businesses are today challenged by time-consuming, manual workflows, for example when processing vouchers for business purchases,” he said, according to the report. Mastercard also rolled out a service to help with working capital and automation. This shows on the bottom line.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S.

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

NOVEMBER 9, 2020

Even companies that did not directly interact with individual consumers have seen their operations change rapidly as the health crisis-driven economic downturn negatively affects customers’ abilities to pay for goods and services and vendors’ abilities to supply inventory. How the Pandemic Changed Capital Management.

Analytics 130

Analytics Company Innovation Capital 130

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Company Name. Phone number.

Capital 98

Capital blockchain Marketing Security 98

Insights on Business

JULY 31, 2018

Since the 1960’s, IBM has worked with banks to help simplify their payment operations by upgrading payment processes, integrating existing silos and renovating legacy systems. Sweden is another example of a geography moving away from cash and promoting mobile payments.

Innovation 79

Innovation Payments Software Fintech 79

PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.

Management 100

Management Innovation blockchain Capital 100

Perficient

DECEMBER 14, 2020

Crisis response, maintaining safe and operational working conditions, mitigating supply chain disruptions, maintaining liquidity, and deftly responding to shifts in the market have emerged as key focus areas for all businesses. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind.

Technology 348

Technology Trends Software Resources 348

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

Community Bank 195

Community Bank Capital Training Lending 195

Bank Innovation

MAY 31, 2017

I recently sat down with the marketing team at Anthemis to talk about the changes happening in SME banking and the opportunity for innovation. But new businesses are often multi-jurisdictional from day one, multi-platform and technically sophisticated in everything from equity capital to treasury to accounting and payroll software.

Capital 316

Capital Lending Data Maine 316

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. For example, under the Tech Hub initiative by the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

APRIL 23, 2019

The promotion took place in Denver, capital of a state where marijuana is legal for recreational purposes. But the larger story here is how fast food operations are striving to stand out in a crowded field and with consumers who are increasingly becoming digital- and mobile-centric. Take Burger King as a recent example of that.

Innovation 122

Innovation Denver New York City Mobile 122

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.

Capital 79

Capital Regulation Strategy Operations 79

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted. The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

NOVEMBER 16, 2020

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. This is a market that's going to be digital-first in the future," he said.

Lending 289

Lending Technology Capital Meeting 289

South State Correspondent

JANUARY 23, 2023

Our innovation working group, called Spark, has been playing with the tool for the past several months, and this article details how we use it to jump our productivity by 20%. How Bankers Will Use This Amazing Tool Bankers can use ChatGPT in various ways to improve their productivity, operations, and customer experience.

Tools 370

Tools Examples Analysis Data 370

NCR

APRIL 18, 2018

One particular area of life that could be transformed by ongoing innovation in the payments space is travel. Visa is also looking into innovations to reduce the inconvenience of finding and paying for parking, as well as new approaches to journey planning, ticketing and in-flight experiences in air travel. Image: AsianDream via iStock.

Innovation 72

Innovation Payments Examples Trends 72

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Operations and Risk. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

OCTOBER 14, 2020

To that end, Ken Gavrity , head of enterprise payments at KeyBank , told Karen Webster that companies must re-examine the most basic operations in order to stay afloat and maybe even thrive – or face existential threats as they mull the great digital shift. Tech helps, of course, but innovation alone won’t solve corporates’ problems.

Payments 242

Payments Course Innovation Operations 242

South State Correspondent

JANUARY 3, 2024

These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. The Goal: A Process of Ongoing Improvement (30 th Edition) , by Eliyahu Goldratt and Jeff Cox – When they say don’t judge a book by its cover, this is an example of where that troupe comes from.

Leadership 370

Leadership Management Strategy How To 370

South State Correspondent

AUGUST 10, 2023

Fraud detection, for example, must either be run in a separate application and then brought back into the core, or all core processes must stop to run a fraud sequence. Maybe an incoming payment was not processed by another bank, for example, and the customer never received funds. This stifles innovation.

System 195

System Examples Operations Data 195

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. Solutions like commercial and virtual card products, for instance, assure buyers the ability to extend capital float while accelerating payment to vendors.

Payments 203

Payments Fintech Innovation Cards 203

PYMNTS

JANUARY 19, 2021

According to Suchit Bachalli , CEO of Unilog , thanks to the market's acceleration as a result of COVID-19, the industry is on the cusp of some major innovation. A great example would be buy online, pick up in-store," noted Bachalli. We're in the golden age of B2B eCommerce," he told PYMNTS in a recent interview.

Online 275

Online Marketing Payments Operations 275

PYMNTS

MARCH 1, 2019

The catch is that the operators receive a year of rent from the loan and pay the landlords monthly, which allows the excess cash to be used to look for new rentals and expand business. In turn, tenants are burdened by the loan interest , essentially giving the operators free growth capital.

Groups 141

Groups Capital Lending Operations 141

PYMNTS

FEBRUARY 3, 2020

The IVA is an example of the technology investment strategy being employed by Citi Commercial Cards to enhance its digital services. IVA capitalizes on Interactions’ Adaptive Understanding technology, which offers a seamless combination of AI and real-time human understanding that aims to improve the quality of customer care.

Cards 133

Cards Innovation Customer Experience Technology 133

Cisco

DECEMBER 13, 2022

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

Industry 144

Industry San Jose New York City Resources 144

PYMNTS

JUNE 15, 2020

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say.

Innovation 214

Innovation Mobile Capital Operations 214

Insights on Business

SEPTEMBER 28, 2018

IBM RegTech Innovations. There’s a clear trajectory from daily to intra-day calculations, and in some cases even to real-time XVA calculations to help traders and risk management teams make better operational decisions. Game-changing innovation. Innovation drives business transformation. Paying the price of progress.

Innovation 79

Innovation Risk Management Maine Examples 79

PYMNTS

MARCH 17, 2017

The global nature of corporate supply chains, decentralized operations, multiple banking relationships and now a patchwork of technology are driving this inefficiency.”. But according to Singh-Jarrold, banks deploying the latest and brightest of FinTech innovation isn’t going to solve this problem.

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

JULY 9, 2020

More recently, commercial card innovators have explored opportunities to gain traction in other spending categories, with accounts payable and supplier acceptance now common targets for B2B FinTechs looking to arm businesses with a way to pay invoices without compromising valuable working capital float. Opening Access To Capital.

Cards 142

Cards Capital Tools Course 142