PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

Capital 199

Capital Payments Software Fintech 199

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Corporate buyers continue to drive commercial card adoption in order to take advantage of capital float and rewards programs. Iceland Debuts Instant Payments.

Innovation 220

Innovation Payments blockchain Resources 220

Bank Innovation

FEBRUARY 27, 2019

With the rise of large and nimble fintechs like PayPal and Stripe, banks have started evaluating their legacy core systems and, as a result, many have taken to core-overhauling in some form or another. This is a massive project," Ed Page, managing director at Protiviti, a technology consulting firm for FIs, told Bank Innovation.

System 170

System Fintech Innovation Management 170

South State Correspondent

MARCH 14, 2024

Strategic Horizon and Capital As mentioned, the problem that bank’s often run into when it comes to strategic planning is their time horizon is too short. The bank that will be around in the next 50 years will be one that develops the ability to build infrastructure now that allows for efficient innovation in the future.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

JUNE 24, 2019

Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs).

Capital 128

Capital Management Cards Industry 128

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. Supporting that initiative is Square Peg Capital, which led a $6.3 With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

Bank Innovation

DECEMBER 19, 2019

Certain bank transactions were delayed after ACH — which stands for the automated clearinghouse system — experienced delays but it is now up and running. The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank.

System 243

System Payments Capital Compliance 243

Bobsguide

MARCH 14, 2022

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

Capital 78

Capital Operations Fintech Software 78

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

PYMNTS

NOVEMBER 6, 2018

Innovation Challenges. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. Payments innovation, for starters, is an alien concept for many travel service providers, especially in the U.S. Innovation Willingness. Where is that spark for innovation coming from?

Innovation 177

Innovation Payments Industry Study 177

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. The system can scan up to five people for fevers in real time as they pass through the entrance, and it sends measured temperatures to staff.

Innovation 209

Innovation New York City System Tools 209

Bobsguide

APRIL 22, 2022

For the third consecutive year, GBST has been named in the top 100 most innovative companies across the wealth and asset management industry, cementing its position as a global leader. The post GBST named in top 100 most innovative WealthTech companies in the world for the third year running appeared first on Bobsguide.

Innovation 147

Innovation Company Management User Experience 147

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., as well as the launch of the Flex by Finaxar initiative from Finaxar.

Cards 130

Cards Innovation Management Fraud 130

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. An ‘API-first’ strategy.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

NOVEMBER 8, 2018

Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. According to a report in VentureBeat the New York startup raised $4 million in a series A round of funding that was led by Leawood Venture Capital and Global Brain.

Analytics 139

Analytics System Pennsylvania Capital 139

PYMNTS

OCTOBER 15, 2019

The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). For TReDS, there would have to be a minimum of Rs 25 crore in equity capital.

Guidelines 108

Guidelines System Payments ATM 108

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that technology firms were addressing. Check out the latest in corporate card innovation below. ”

Cards 155

Cards Innovation Fintech Payments 155

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. billion valuation.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

JANUARY 28, 2021

At a high level, P2P transfers to these economies can pull of a feat that other capital flows, namely through overseas development aid (ODA for short) and private direct investment cannot. They get money where it needs to go, most urgently, to individual recipients.

Innovation 294

Innovation Marketing National Report 294

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

PYMNTS

DECEMBER 12, 2019

Generally speaking, fashion companies do not own the manufacturing process that produces the items sell, which can be a big limiter of innovation. Instead, PANGAIA Chief Innovation Officer Amanda Parkes explained, most brands must work with the materials that textile mills and manufacturers choose to develop.

Innovation 130

Innovation Branding Resources Industry 130

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

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

Bank Innovation

MAY 10, 2016

She emphasizes that there is too much versioning and regressing from fundamentals; essentially heading towards a different but centralized system. Is there a suspicion… Read more Blockchain in Capital markets: Emerging use cases II. She also mentions that all this versioning is introducing lots of new risks.

blockchain 150

blockchain Capital Marketing System 150

PYMNTS

NOVEMBER 16, 2020

“We truly believe our model is transformative and can lead to fundamental improvements in America’s healthcare system, while helping Americans who need our help the most.”. The system works by allowing two Alexa users to create a connection between their accounts.

Puerto Rico 196

Puerto Rico Innovation Nevada United States 196

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 relationship between actual returns and cost of capital for banks is shown in the graph below. These intangible factors can also lower the bank’s cost of capital.

Community Bank 195

Community Bank Community Capital Policies 195

PYMNTS

MARCH 21, 2018

Travis Kalanick, the ex-Uber chief executive, has found a new job leading City Storage Systems, a startup that repurposes distressed real estates such as parking lots and strip malls. Kalanick will become CEO and will invest $150 million of his own money.

Los Angeles 100

Los Angeles System Retail Capital 100

PYMNTS

MARCH 11, 2019

Coverage includes India ’s Financial Software and Systems (FSS) investment in South African payment processor Ecentric Payment Systems. India’s Financial Software and Systems (FSS) is backing South African payment processor Ecentric Payment Systems with a strategic investment, The Economic Times reported.

Groups 109

Groups System Payments Software 109

Abrigo

DECEMBER 17, 2021

Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships. DOWNLOAD WHITEPAPER .

Fintech 195

Fintech How To Innovation System 195

PYMNTS

DECEMBER 28, 2018

In a statement, Visa Global Head of Products and Solutions Vicky Bindra said, “Increasingly, businesses are replacing inefficient paper-based payment systems with digital tools. Square Links Up With Handshake. Square Links Up With Handshake.

Innovation 184

Innovation Fintech Payments Management 184

PYMNTS

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. Transparent Systems.

blockchain 247

blockchain Fintech California System 247

Insights on Business

OCTOBER 16, 2018

Reengineering core banking systems that have been developed over decades while innovating fast enough to stay competitive would be like trying to change your tires while speeding down the freeway. So, how can financial institutions transform rapidly and flexibly, while maintaining their investments in core systems?

Capital 157

Capital Tools System blockchain 157

CB Insights

OCTOBER 29, 2020

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. A number of official bodies representing major economies, including the EU and China, have launched pilot schemes to assess the use of DLT in capital markets.

Capital 101

Capital blockchain Marketing Company 101

PYMNTS

OCTOBER 24, 2019

Financial services company Fiserv has released a new system called CheckFree Next that will enable companies to provide automated and personal bill paying experiences for customers, according to a release on Thursday (Oct.

System 103

System Payments Trends Strategy 103

PYMNTS

OCTOBER 21, 2019

Regardless of how these companies have fared on public exchanges, they have the commonality of having attracted tens of billions of dollars in venture capital and private equity funding. They promised enough disruption that the capital backing flowed freely. Well, you can count them on two hands and have some fingers left over.

Innovation 100

Innovation Capital Fintech Course 100

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

CB Insights

NOVEMBER 19, 2020

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

Capital 101

Capital blockchain Marketing San Francisco 101