PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JANUARY 7, 2019

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017. Of those surveyed, said the GAO, nine of the 11 said that regulatory uncertainty has been a hurdle in credit expansion. Sandboxes, Gathering Steam.

Lending 150

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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. Standard Chartered is the latest bank to embrace FinTech collaboration to tackle the trade finance gap, having announced Tuesday (Sept.

Fintech 143

Fintech blockchain Capital Innovation 143

PYMNTS

MARCH 17, 2017

Those market conditions present interesting obstacles and opportunities for everyone in the banking FinTech space. Today, Misys is gearing up for another overhaul that similarly reflects times of flux and progress in banking technology and corporate finance. The company will merge with DH Corp.,

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

SEPTEMBER 27, 2017

The FinTech space is hoping to address these challenges head-on, targeting the paper and manual-based processes of trade finance transactions though innovations like blockchain. The survey polled more than 515 banks and 1,336 companies across 103 countries, finding that FinTech innovators can, indeed, help address the $1.5

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Fintech Survey Lending United States 128

Banking Exchange

JULY 22, 2020

Increase in productivity from remote work, bank onboarding applications, insurance claims, trade processing and capital markets payment related work Bank Performance The Economy Management Feature Financial Trends Lines of Business Technology Human Resources Feature3 Fintech Covid19.

Survey 78

Survey Resources Trends Capital 78

PYMNTS

APRIL 7, 2017

Capital One released a new survey Thursday (April 6) to uncover why payment professionals who aware of the benefits of new technologies are holding themselves back from actually adopting those tools. Capital One and the NAPCP also found patterns based on the size of the company in which a payments professional works.

Capital 100

Capital Payments Leadership Technology 100

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Nearly half of all small businesses surveyed plan to take out a loan in the next year, and nearly two-thirds anticipate a sales increase (only 5 percent expect their sales to decline).

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Lending Fintech Capital Report 159

PYMNTS

MAY 22, 2018

At the top of the list, according to reports, is incoming FinTech disruption, legislation like PSD2, market shifts stemming from Brexit and more. As treasurers explore the possibilities of FinTech, disruption is coming from other angles too: According to the publication, treasury professionals revealed their struggles to prepare for Brexit.

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Fintech Conference Survey Management 122

PYMNTS

MAY 25, 2020

Amid the push to digitize, small businesses are increasingly exploring opportunities within FinTech to strengthen their product offerings, adhere to the demands of shifting customer expectations, and embrace business model flexibility — not only endure the current economic downturn, but also to emerge from the volatility more resilient than ever.

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PYMNTS

MARCH 26, 2018

A lack of access to capital. But the most recent research suggests entrepreneurs are also clear about what is helping them grow, and what they are looking for in terms of technology, professional support and beyond. The red tape of regulation. The burden of administrative tasks. Even more – 97.5 69 percent of U.K. 69 percent of U.K.

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Survey Regional Capital Data 193

PYMNTS

AUGUST 20, 2020

The following Deep Dive explores how these issues are hindering SMB financing as well as how FinTechs are exploring technologies to overcome these issues and give SMBs the help they need to thrive while the world economy faces its biggest challenge in years. percent in the past 24 months, according to a recent survey by LexisNexis.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

DECEMBER 8, 2020

economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE). Capital One Halts BNPL Transactions On Its Credit Cards.

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PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. But outside of basic accounting, manual processes and paper still rule. Open Banking Opens Doors for Mobile.

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PYMNTS

JANUARY 17, 2018

While this industry is largely reliant on corporates’ adoption of innovative technology, it is also instrumental to getting issuing banks in on the movement. According to the executive, the key is to work “with banks, not against them” – a sentiment that has become a mantra for many in the FinTech market.

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Fintech Data Cards Innovation 187

PYMNTS

JUNE 15, 2018

The cost of technology has lessened, though, opening the door for SMEs to bring bits and bytes to supply chains – lessening reliance on manual processes and invoices of the paper kind, thus eliminating errors. In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments.

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Fintech Compliance Software Taxes 115

Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

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Google Apple Survey Digital Banking 225

Abrigo

FEBRUARY 27, 2020

Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. Digital technology standardizes and automates many of the tasks causing the biggest headaches and delays for lenders and credit analysts. Survey: Repetitive data entry common. Another 9% of respondents said turnaround is 8 weeks or longer.

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Lending Survey Data System 243

Abrigo

FEBRUARY 23, 2022

A recent survey by Abrigo found that 87 percent of banks surveyed are working to win more small business loans in 2022. According to the ABA report, smaller banks tend to lag in technology adoption for lending, which means they have tremendous opportunity to improve the efficiency and profitability of small business loans.

How To 195

How To Lending Software Survey 195

PYMNTS

DECEMBER 8, 2020

A recent survey of the 20 largest United States financial institutions (FIs) found that 20 percent still force customers to complete onboarding by visiting bank branches or speaking on the phone, with full online sign-up not allowed. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

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Video Report Meeting United States 211

PYMNTS

JANUARY 9, 2018

INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs. In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs.

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Community Bank Community Fintech Lending 131

Abrigo

DECEMBER 22, 2023

You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. The institution can more easily capitalize on opportunities and avoid unnecessary risk.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

JUNE 30, 2017

MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. The technology uses Microsoft Azure and PowerBI technology to help companies within the LTPAC space manage data and access analysis via dashboards.

Analytics 162

Analytics Tools Marketing Analysis 162

PYMNTS

MARCH 24, 2017

Their integration comes at a time when the world of FinTech is pleading for B2B payments to ditch paper (that includes checks) and get on board with, at the very least, cards and ACH. In fact, he said, many FinTech innovators often push for solutions in B2B payments that might ignore the paper check altogether.

Fintech 101

Fintech Fraud Mobile Innovation 101

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Led by Swisscom Ventures and Edenred Capital Partners, the funding saw participation from existing backers Lakestar and Notion Capital as well, while Columbia Lake Partners also provided funds.

Capital 169

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PYMNTS

APRIL 13, 2020

Researchers at Atradius released findings last October that found a spike in the percentage of surveyed small businesses selling to their corporate customers on credit, from 38.6 The Technology Mix. percent in 2018, to 59.5 percent in 2019. “Normally the loans are too small to be profitable.”

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PYMNTS

APRIL 22, 2019

The massive global trade finance gap is the topic of conversation for many banks and FinTech firms looking to strengthen their position in the market. A recent survey from Strategic Treasurer found that 77 percent of banks point to KYC as the biggest hindrance to supply chain finance operations.

Compliance 134

Compliance Regional Survey Fintech 134

PYMNTS

FEBRUARY 24, 2020

Recent research suggests that businesses, including FinTech firms, racing to stay ahead of digital fraudsters’ schemes have further to go. The uptick in fraud, such as the Business Email Compromise, has continued to target areas like bank transactions, despite firms’ increased spending on anti-fraud measures, the survey found.

Software 223

Software Fraud System Survey 223

PYMNTS

MARCH 13, 2019

A vast majority of firms in that sector surveyed by Forrester (and commissioned by TransUnion) – 99 percent of them, in fact – view open banking as beneficial to financial services, as reported by Enterprise Innovation. The announcement noted that 150 startups globally have participated in FinTech Sandbox through the past four years.

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Study Customer Experience Fintech Survey 155

PYMNTS

MAY 24, 2018

A new survey released this week by the U.S. The research is favorable for companies trading across borders, too, as technology gears up to increase access to trade finance and, as a result, propels business growth. Federal Reserve finds small businesses are enjoying boosted confidence (and revenues). billion, researchers found.

Survey 100

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PYMNTS

APRIL 9, 2018

challenger bank CivilisedBank announced plans to release its banking license to instead focus on developing its underlying infrastructure and technology. Small business owners told CivilisedBank in a survey that they believe financial institutions put profits before customer service.

Maine 134

Maine Survey Technology Capital 134

PYMNTS

MAY 3, 2019

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their personal lives as consumers, the eventual adoption of emerging solutions is an inevitable part of FinTech innovation.

Payments 151

Payments Fintech Customer Experience Technology 151

PYMNTS

SEPTEMBER 16, 2019

The “Banking Pulse Survey: Two Ways To Win” was based on a revenue-risk analysis quantifying shifts in both consumer and merchant behavior as well as new technology and changing regulations. In addition to Accenture’s research, 240 bank executives across 22 countries were surveyed about their plans to capitalize on digital disruption.

Payments 150

Payments Survey Analysis Capital 150

Abrigo

FEBRUARY 13, 2020

Technology has enabled banks and credit unions of all sizes to create highly targeted, personalized digital experience to put customers at the center of their strategy, regardless of where they’re located. Power’s 2020 Customer Satisfaction Survey. Breaking Down The 2020 Business Lending Readiness Survey: Roadblocks to Top Results.

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Community Lending Management Innovation 273

ABA Community Banking

AUGUST 31, 2017

Survey of middle market firms points the way Technology Fintech.

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Capital Survey Fintech Technology 49

PYMNTS

MAY 4, 2017

Small business lending platform Nav has topped up its latest equity capital funding. Reports said CreditEase FinTech Investment Fund, Point72 Ventures and Clocktower Technology Ventures also participated. Reports said CreditEase FinTech Investment Fund, Point72 Ventures and Clocktower Technology Ventures also participated.

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Capital Lending America Survey 100