PYMNTS

MARCH 12, 2020

The company also set up a multi-million-dollar subsidy program to reduce operating costs and capital risks for their merchants, in an effort to help them get back to work safely and efficiently. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers. “Our Paragon’s strong presence in the U.S.

Capital 109

Capital Company Lending Innovation 109

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

BankBazaar

JULY 31, 2023

Leading the charge was none other than the tech giant Amazon, along with support from Fidelity Growth Partners, Sequoia Capital, Walden International, and Mousse Partners. With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly. Kumar , Kerala 3. “A

Innovation 148

Innovation Cards Branding Tools 148

PYMNTS

FEBRUARY 24, 2020

The challenge, he noted, isn’t in what can be done, but in how to do it. The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area.

Innovation 221

Innovation US Data Examples 221

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

SEPTEMBER 18, 2019

It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations. Some of that fresh capital, he said, is earmarked toward geographical expansion. Future Expansion.

How To 176

How To New York City Retail Mobile 176

BankInovation

OCTOBER 2, 2020

Financial institutions are figuring out how to do more with less these days. Industry leaders have found that getting creative about human capital not only buoys innovation ROI, but it encourages a sense of ownership among different departments and breaks down internal barriers throughout the organization.

Innovation 64

Innovation Capital Industry How To 64

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

SEPTEMBER 24, 2019

Fresh Capital. But progress is still ongoing, as Shinar’s plans for the fresh capital seem to indicate. But digital technology and the ensuing innovations are likely to change those facts over time. As the late, great Tom Petty once sang, the waiting is the hardest part. That certainly applies to B2B financing and invoicing.

How To 171

How To Payments Capital Innovation 171

Independent Banker

AUGUST 31, 2022

Often, innovation and creativity soar when we allow employees to be curious and explore new ways of thinking.”. According to Mergele, employees are often promoted into managerial roles based on their individual performance but are not trained on how to be effective leaders. Source: ICBA Community Banker University.

How To 91

How To Louisville Community Bank Training 91

Abrigo

OCTOBER 21, 2015

Here are a few things that accountants can do to capitalize on this opportunity that tax season provides. An innovative way to save time and provide proactive advice is with Sageworks’ new Electronic Tax Reader. Craft a game plan for adding value to your tax season engagements.

Taxes 150

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Bobsguide

MAY 9, 2017

Regulation, product innovation and investor appetite have driven global Assets under management (AUM) to record levels, while also fueling increasing market structure complexity and straining trading platform. In recent years, exchange-traded funds (ETFs) have seen phenomenal activity and growth.

Capital 98

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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

SEPTEMBER 25, 2019

FairMoney recently raised $11 million in venture capital funding in a Series A round led by Flourish, a venture of The Omidyar Group, with DST Global and existing backers Newfund, Speedinvest and Le Studio VC also participating. Services Growth. “We One-Stop Shop. It has raised $1.6

How To 130

How To Lending Digital Banking Examples 130

Celent Banking

AUGUST 8, 2014

Innovation is global. Yet, increasingly, conversations with banks, especially in the US, reveal that many institutions aren’t looking too far outside of their market, let alone their vertical, industry, or country, for inspiration on how to innovate. How well do financial institutions innovate compared with other industries?

Innovation 169

Innovation ATM Survey Industry 169

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

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Celent Banking

FEBRUARY 24, 2017

For more information on how the Model Bank Awards have evolved, see the first two pieces from Dan Latimore and Zil Bareisis. Legacy Transformation / IT Platform Innovations. Emerging Innovation. This is the fifth article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

AUGUST 10, 2017

Innovation can sometimes be seen as a solution looking for a problem, but it’s time to stop thinking of technology as bells and whistles and start looking at it as a necessary element of doing business for a changing consumer base – and up against a changing landscape of challenges and threats. How do you manage security and risk?

How To 136

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PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

FICO

MAY 11, 2021

FICO’s data scientists created the FICO Resilience Index – an innovative analytic designed to rank-orders consumers’ sensitivity to economic disruptions – in response to the industry's post-recession needs to more precisely identify, manage, and protect against latent credit risk in lending portfolios (i.e., by David Binder.

How To 52

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PYMNTS

MARCH 9, 2017

Burkhart will be one of many innovator CEOs on Innovation Project’s The Future Meets The Present Right Now: Can Retail Keep Pace? If you take price out of the equation, the internet has become the petri dish for competition and acceleration and innovation. And that is hard. If it were easy, it would be commoditized.”.

Retail 101

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PYMNTS

FEBRUARY 13, 2020

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. WFSC joins existing investors SBI Group and Santander InnoVentures.

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

PYMNTS

DECEMBER 20, 2020

Corporate Spending Innovations (CSI) has announced that it will be spending more to boost its cloud-based services for B2B payments for advertising and media needs, a company press release says. The company is funneling capital into product development and is rolling out more ways to maximize card spend optimization.

Payments 193

Payments Analytics Innovation Data 193

PYMNTS

DECEMBER 18, 2020

Other investors included Shopify CEO and founder Tobi Lutke, Golden Ventures, Inovia Capital, Thomvest, Afore Capital, Maple VC, FJ Labs, and District Ventures. The round was led by Valar Ventures, a VC firm founded by James Fitzgerald, Andrew McCormack, and Peter Thiel.

Fintech 163

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FICO

MAY 11, 2021

FICO’s data scientists created the FICO Resilience Index – an innovative analytic designed to rank-orders consumers’ sensitivity to economic disruptions – in response to the industry's post-recession needs to more precisely identify, manage, and protect against latent credit risk in lending portfolios (i.e.,

How To 52

How To Analytics Management Industry 52

Bank Innovation

MARCH 29, 2018

In fact, all four panelists on “Where and How to Invest in Fintech Now,” at Bank Innovation 2018 in San Francisco, unanimously dismissed investing in ICOs. Like many others, venture capitalists are skeptical about investing in Initial Coin Offerings (ICOs). ICOs are rapidly falling in popularity.

San Francisco 225

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Bank Innovation

JUNE 27, 2018

If you have the business idea and you want to grow it, there are several ways that you can adopt. Maybe your friends and family are able to lend support financially or you can go for some other option as well. Surely a bank cannot help you because your loan is a small amount. There […].

How To 225

How To Lending Capital 225

Insights on Business

SEPTEMBER 26, 2016

In order to remain relevant to digitally astute and socially active customers, core banking processes, must be more reliable, scalable and secure requiring banks to constantly innovate. Without optimizing existing processes and platforms, it is a drag on creating anything new and innovative.

Innovation 70

Innovation System User Experience Meeting 70

PYMNTS

MAY 1, 2019

But it is not a simple opportunity to capitalize – this isn’t the traditional high-end travel transaction of the past, and the payments and commerce infrastructure has to be as modern as the use case it is facing.

How To 172

How To Trends Payments Branding 172

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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

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PYMNTS

JULY 22, 2020

With today’s uncertain economic and interest rate environment, offering our customers flexibility on how to store their cash is a powerful added benefit.”. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. a financial services holding company based in Kansas City, Missouri.

FDIC 166

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Bank Innovation

MARCH 15, 2019

For most of the past decade, the fintech sector seemed to have nothing but blue skies ahead. But over the last 12 months, warnings that first signaled in 2016 have been flashing brighter. CEO scandals, pulled IPOs and sinking stock prices, have taken the luster off previously high-flying brands. Big banks have finally woken up […].

Branding 199

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Gonzobanker

NOVEMBER 2, 2023

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.

Leadership 158

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PYMNTS

AUGUST 20, 2019

In the wake of the Capital One data breach that exposed data tied to 100 million individuals in the United States comes a warning that there really are not any places to hide. Does the Capital One breach portend risks for banks on the Continent? No rest for banks amid the hackers. And certainly not with an outsourced tech model.

Data 176

Data Security Capital United States 176

Chris Skinner

JULY 21, 2017

There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how banks feel today. Not bad for a six-year-old start-up.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

SEPTEMBER 7, 2020

With a sense of intense urgency, the corporate card arena began to explore how to support some of the companies that were struggling the most as a result of an economic shutdown: small businesses. As a result, SMBs struggled to access the capital they needed to survive what was, for many, a complete ceasure of revenue.

Cards 246

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