Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

Community Bank 129

Community Bank Community Marketing Data 129

PYMNTS

JULY 12, 2019

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 while European investors at Dawn Capital and Accel also participated. ”

Tools 160

Tools Capital Management Technology 160

PYMNTS

JULY 15, 2020

Though having a choice in financing products is vital for small and medium-sized businesses to manage their cash flow, not all tools are the right fit for every business. Some of the old rules still apply, but there are new tools to help us seize the opportunity.” A Digitization Push.

Innovation 135

Innovation Tools Strategy Management 135

PYMNTS

MARCH 12, 2020

The uncertainty injected into the market, as Ning Wang, co-founder and chief business officer at PingPong , told Karen Webster in a recent conversation, is having undeniable effects worldwide – which are not likely to wear off anytime soon. An Opportunity for Innovation .

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Apica said it will use the funds to expand across the U.S. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

JUNE 19, 2019

“It is the culmination of innovative work undertaken by both Identitii and HSBC to solve a particular challenge in how corporates and banks communicate and reconcile financial messages. . “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Tools 139

Tools Security Data Regional 139

South State Correspondent

JULY 30, 2023

There are various models investors may use to assess return and risk, but the most widely used is a risk premium model called CAPM (capital asset pricing model). The market return minus the risk-free rate is also called the market risk premium and can be approximated by the S&P 500 long-term return (10.2%) minus the 4.00% risk-free rate.

Community Bank 195

Community Bank Community Capital Policies 195

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

PYMNTS

DECEMBER 16, 2019

Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool, and Visa warns of an increase in fuel dispenser POS cyberattacks. US Antitrust Regs Probe Google’s Shopping Comparison Tool. Also, Uber is negotiating the sale of Uber Eats to India’s Zomato.

Comparison 130

Comparison Tools Google Payments 130

Bank Innovation

JANUARY 30, 2020

Citibank will try to connect investors with neighborhoods in need through City Builder, a new digital tool launched last month. The searchable web platform allows investors to research and invest in “opportunity zones,” or areas in need of economic development, where investors get tax breaks for investing their capital gains.

Taxes 329

Taxes Tools Capital Marketing 329

Accenture

AUGUST 20, 2019

Merchant acquirers and other payment service providers have long provided merchants the tools they need to process payments. Thereby providing value-added merchant servicing and delivering innovation lift to both transactions and businesses to ultimately benefit the end consumer. More software companies are enabling payments.

Software 150

Software Capital Payments Analysis 150

Perficient

DECEMBER 14, 2020

The COVID-19 pandemic has challenged the economic and labor markets, impacting all businesses regardless of their size. Throughout 2020, the cloud has also proven critical for enabling remote workers access to necessary services, tools, and applications. The Public Cloud Market Will Surge.

Technology 348

Technology Trends Software Resources 348

PYMNTS

NOVEMBER 6, 2018

Individual consumers are certainly driving many of those changes, but so are businesses that are eager to use the same cutting-edge corporate tools for travel that they use for other forms of B2B transactions. Innovation Challenges. Innovation Willingness. Where is that spark for innovation coming from? Corporate Push.

Innovation 177

Innovation Payments Industry Study 177

Bank Innovation

SEPTEMBER 12, 2019

Numerated, a real-time marketing and sales platform for banks, raised $15 million this week to enhance its tech stack and grow its customer acquisition capabilities. Patriot Financial Partners led the funding round, with Venrock, FINTOP Capital and Hyperplane participating.

Tools 150

Tools Boston Software Capital 150

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. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

JUNE 23, 2017

More than $30 million in venture capital stuck around the U.K., Preparations for corporate banking disruption and PSD2 are stirring the innovation pot, it seems. million in Series A investment funding led by Propel Venture Partners; Freestyle Capital, Compound, Upside Partnership and Transmedia Capital also participated.

Fintech 171

Fintech Marketing New York City Capital 171

Bank Innovation

AUGUST 5, 2016

Not really, though marketing about digital efforts may make it appear that way. Banks only care about millennials, right?

Capital 150

Capital Online Millennials Tools 150

South State Correspondent

FEBRUARY 20, 2023

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. The largest 100 banks dominate the industry with almost 75% of the market share. The number of banks that control the domestic loan market is summarized in the table below.

National 195

National Lending How To Community Bank 195

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

PYMNTS

JUNE 19, 2019

million in fresh funding, capital that will go toward “a B2B offering (that allows) individual travel agents at large online travel management companies and tour operators to offer a ‘seamless travel experience’ to their end customers, making the booking experience simpler, faster and cheaper.”. based startup called Duffel.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

OCTOBER 20, 2017

It’s probably a good thing, too, considering there has been one high-profile cyberattack after another shaking up the market, including Equifax, SAP, Yahoo, Deloitte and Instagram, just to name a few — and all within just the last few weeks. Feedzai provides its AI-based fraud management tool to banks and businesses. Cybersecurity.

Capital 109

Capital blockchain Fraud Security 109

PYMNTS

JANUARY 17, 2021

The new funding, according to the announcement, comes from two existing investors: Durable Capital Partners and Fidelity Management & Research. The online food delivery market is nascent and underpenetrated. Durable Capital Partners is based in Chevy Chase, Maryland. British delivery power-house Deliveroo said Sunday (Jan.

Maryland 181

Maryland Boston Capital Innovation 181

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. Lafley and Roger Martin : This is one of the world’s best strategy books and serves as a playbook for bankers to follow for not just setting strategy but also winning market share.

Leadership 370

Leadership Management Strategy How To 370

PYMNTS

AUGUST 31, 2017

29), ShopKeep announced the launch of a small business financing solution, ShopKeep Capital. The merchant cash advance tool is available to the current 24,000 users of ShopKeep’s POS services. We are uniquely equipped to make very well-informed decisions as they relate to our customers and ShopKeep Capital,” DeSimone continued.

Lending 113

Lending Marketing Capital Tools 113

Perficient

SEPTEMBER 29, 2020

In August, we surveyed 154 marketing executives to find out what they think is likely to happen this holiday season and how they’re preparing for it. I’m the Principal for the Digital Marketing Solutions Business Unit here at Perficient. What will be different this holiday season and how to adjust your strategy accordingly.

Marketing 294

Marketing Branding Data Industry 294

Insights on Business

OCTOBER 16, 2018

Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. Meanwhile, new competitors are entering the market and tearing up the traditional banking rule book. Embracing change.

Capital 157

Capital Tools System blockchain 157

PYMNTS

NOVEMBER 16, 2020

Fitzpatrick, global head of CitiFXTechnicals, Citi’s market insight product, compared bitcoin’s movements to the gold market, which remained within a $20-$35 price range for 50 years before breaking out in 1971, according to CoinDesk. pounds using Binance’s Convert tool, with a 1:1 conversion ratio.

Bitcoin 296

Bitcoin Regulation Innovation Security 296

PYMNTS

JUNE 1, 2017

Earlier today at Stripe Sessions, a conference for Stripe users, the company announced the launching of Sigma, a powerful analytics tool powered by SQL. The analytics tool is designed for SMBs and startups without access to financial analytics platforms. Stripe is a leading innovator in the financial technology space.

Analytics 106

Analytics Tools San Francisco Data 106

PYMNTS

OCTOBER 2, 2019

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Below, PYMNTS looks at the latest in AP that does exactly that.

Innovation 130

Innovation Cards Payments Tools 130

PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Take Capital One’s deal with Gem, for instance. ”

Management 100

Management Innovation blockchain Capital 100

PYMNTS

SEPTEMBER 14, 2017

YayPay announced new funding in support of its accounts receivable (AR) automation solution designed for the middle market. Birchmere and Fifth Third Capital also participated in the round, YayPay said, as did 500 Fintech Fund, Aspect Ventures, Gaingles, Techstars and Zelkova. based FinTech said Wednesday (Sept. 13) it had secured $5.3

Marketing 119

Marketing Software Capital Fintech 119

South State Correspondent

JANUARY 23, 2023

In three months, it has become the primary tool of many bankers, helping make banks more efficient across the organization. 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%.

Tools 370

Tools Examples Analysis Data 370

PYMNTS

OCTOBER 25, 2017

Countingup, started by Clear Books Founder Tim Fouracre, plans to use the venture capital funding to launch operations in the U.K. startup targeting freelancers, Lystable, raised $21 million in venture capital funding for its solution that enables work assignment, invoice tracking and payments. later this year.

Tools 110

Tools Capital Fintech Operations 110

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Durable Capital Partners led the funding round, while 01 Advisors and Greenoaks Capital participated. “We PYMNTS rounds up the latest funding rounds below.

Compliance 267

Compliance Payments Fintech Capital 267

PYMNTS

OCTOBER 13, 2016

The procure-to-pay solution offered by Nexus Systems has attracted venture capital. According to Nexus, the funds will be used to focus on product development, sales, marketing and expansion of its onboarding and client services teams. The company revealed on Wednesday (Oct.

Tools 100

Tools Software Capital Compliance 100

PYMNTS

JULY 20, 2017

on small businesses as they struggle to survive late payments and restricted access to capital, the mid-market is facing its own challenges for growth. A new report from Wax Digital found that 83 percent of mid-market survey respondents aren’t confident in their supplier base’s ability to support future growth plans.

Strategy 128

Strategy Marketing Survey Tools 128

PYMNTS

AUGUST 9, 2017

Nearly a third said they have limited staff capacity, further signaling a gap in human capital availability. “To In its Restaurant Market Report , Proactis further highlighted this struggle. But human capital is essential to making these criteria a reality.

Capital 101

Capital Resources Survey Industry 101