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

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

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes.

Operations 68

Operations Strategy Innovation Policies 68

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

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

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

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

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

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

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

PYMNTS

OCTOBER 20, 2017

Backers at Meritech Capital Partners and Lead Edge Capital led the Series D investment round, according to TechCrunch news, while Index Ventures and Workday also participated. Feedzai provides its AI-based fraud management tool to banks and businesses. Cybersecurity. Duo Security. It brings Duo Security’s valuation up to $1.17

Capital 109

Capital blockchain Fraud Security 109

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. alone, made up of entrepreneurs who operate their businesses as the sole employee. The company raised $750,000, led by Frontline Ventures, while other investors also participated. later this year.

Tools 110

Tools Capital Fintech Operations 110

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future. To get the full story, download the Tracker.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. PayRange Accelerates Vending Machine Capital.

Cards 164

Cards Capital Tools Fintech 164

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

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

Tools 168

Tools Resources Operations Strategy 168

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Spain-based Captio revealed a $1.1

Capital 100

Capital blockchain Management Lending 100

South State Correspondent

FEBRUARY 20, 2023

Scale, security, and innovation are all linked to better information technology design and implementation. However, we see a few essential management tools that community banks are overlooking, which the larger banks deploy consistently, and that allow these larger banks to be uber-competitive.

National 195

National Lending How To Community Bank 195

PYMNTS

OCTOBER 13, 2016

The procure-to-pay solution offered by Nexus Systems has attracted venture capital. According to the company, Nexus focuses on spend visibility and operational efficiency in the offering, helping businesses manage cash flow and decrease operating costs. The company revealed on Wednesday (Oct.

Tools 100

Tools Software Capital Compliance 100

PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance. InstaRem Expands BizPay.

Cards 132

Cards Capital Innovation Payments 132

PYMNTS

NOVEMBER 8, 2020

Lloyds Bank Commercial Banking has partnered with Demica , a working capital FinTech, to roll out a new supply chain finance platform for U.K. businesses and their suppliers, as well as help corporate treasurers and the vibrant community of SMEs they work with to better manage and enhance their working capital.”.

Capital 187

Capital Fintech Community Meeting 187

Bobsguide

FEBRUARY 22, 2022

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. The bank selected the front-to-back digital offering, TCS BaNCS Global Banking Platform, enabled with APIs and cognitive tools such as AI and analytics.

Innovation 78

Innovation Customer Experience Strategy Operations 78

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

AUGUST 9, 2017

In a report that suggests technology can’t solve every back-office issue, eProcurement service provider Proactis has found that the restaurant industry is struggling to gain access to the right talent pool to optimize its procurement operations. But human capital is essential to making these criteria a reality.

Capital 101

Capital Resources Survey Industry 101

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

APRIL 23, 2019

Those competitive pressures have led to a host of new tools, features and offerings. The promotion took place in Denver, capital of a state where marijuana is legal for recreational purposes. QSR Innovation. The latest? Combining cannabis culture with hamburgers. Denver CBD Burger. The Carl’s Jr.

Innovation 122

Innovation Denver New York City Mobile 122

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

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. Paytronix Launches Subscription Tool For Restaurants, C-Stores. Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options. and Canada.

Google 193

Google Payments Regulation Branding 193

PYMNTS

JANUARY 14, 2021

Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. Prior to his appointment as global head of TTS, Khaliq served as head of operations and technology for TTS. Million for Finance Management Tools. Million For Finance Management Tools. Sweep Raises $1.2

Tools 140

Tools Management Capital Technology 140

PYMNTS

FEBRUARY 8, 2019

Artificial intelligence has the potential to transform how we live and how businesses operate, and this partnership with IBM will help ensure New York continues to be on the cutting edge of developing innovative technologies.”. AI will transform the world in dramatic ways in the coming years.

New York 191

New York Regional Innovation Capital 191

PYMNTS

JANUARY 26, 2021

In a statement, HashCash CEO Raj Chowdhury said, “the USA-based bank can protect their data through encryption and blockchain immutability” and, with HashCash’s technology, can enhance its working capital and account balance operations. Temenos Targets Banks With Digital Transformation Tools.

blockchain 355

blockchain Data Fintech Technology 355

PYMNTS

JULY 31, 2019

Enabled by our integrated network of buyers and suppliers and a growing suite of partnerships and capabilities, American Express can provide digital payment tools and working capital that make it easy to pay suppliers anywhere in the world.

Payments 191

Payments Tools Resources Management 191

Bank Innovation

APRIL 27, 2017

SAN JOSE, Calif. — One of the major themes in the first day of Finovate Spring (aside from perennial favorite authentication) was customer engagement — having better discussions with customers in a digital environment in order to deliver more relevant products and services.

San Jose 239

San Jose Tools social media Operations 239

PYMNTS

SEPTEMBER 13, 2019

By being able to operate as a bank, we have the tools to take the next step and drive true positive change for the users.”. As part of the deal, Northmill must maintain a capital minimum of €5 million. There is a number of cloud-operated FinTechs offering the same services as Northmill.

cryptocurrency 156

cryptocurrency Fintech Innovation Operations 156

PYMNTS

SEPTEMBER 7, 2020

For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. The Wall Street Journal alleged that the company was “strong-arming” small business owners to adopt the payment tool, a claim that Amex denied. Winter Blues. Spring’s SMB Support.

Cards 246

Cards Tools Capital Payments 246

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. With over 5,000 connections, the tool is invaluable.

Innovation 101

Innovation social media Security Leadership 101