BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 93

Operations Policies System Regulation 93

PYMNTS

OCTOBER 21, 2019

As Sony looks to prove the worth of its medical business, its booth was notable for the products that were not present as it returned to the largest consumer electronics show in Japan for the first time in six years. Yoshida said last month, according to reports, “Our technology is what connects and gives power to Sony’s diverse businesses.”

Technology 102

Technology Operations Industry Report 102

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

Capital Regional United States Meeting 298

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that? That is a problem.

How To 195

How To Strategy Capital Lending 195

Perficient

JULY 12, 2022

With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. The connection between technology and consumers in financial services has never been more relevant.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

Abrigo

APRIL 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. At the same time, 59% pursued credit to meet operating expenses.

Lending 244

Lending St. Louis Community Marketing 244

Abrigo

MAY 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. At the same time, 59% pursued credit to meet operating expenses.

Lending 195

Lending St. Louis Community Marketing 195

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. These acts impact more than 55,000 locations throughout the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Jumio said the offering can reduce operational costs by as much as 90 percent, eliminate in-person visits and paper costs, and simplify archival processes.

Video 211

Video Report Meeting United States 211

PYMNTS

SEPTEMBER 27, 2020

The relationship will help Commerce Bank in its transformation to a more digital way of doing business, as the world continues to embrace digital technology in the wake of the pandemic. That came after a funding round in which it raised $125 million from investors led by ICONIQ Capital.

Resources 223

Resources Tools Fintech Capital 223

PYMNTS

NOVEMBER 12, 2020

Government-backed loan schemes like the Paycheck Protection Program (PPP) connected vital capital to small- to medium-sized businesses ( SMBs ) in need of aid to stay afloat. Even with a surge in PPP financing, many early-stage businesses continue to struggle to access capital from traditional sources.

Regulation 232

Regulation Capital Marketing Lending 232

South State Correspondent

DECEMBER 8, 2023

In two days, you can hear from Chase, US Bank, Capital One, BMO, M&T, PNC, Citizens, Truist, Huntington, and more, a feat that can only be done at a conference of this caliber. We sat through almost every presentation and took pages of notes. Many banks were looking to install more automation to lower operating costs.

Conference 195

Conference Retail Community Bank Technology 195

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

JANUARY 17, 2020

With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. based Float said it plans to expand to Australia with its cash flow forecasting technology designed for SMBs. At present, the company said it has disbursed more than $71.4

Payments 131

Payments Capital California Security 131

PYMNTS

SEPTEMBER 18, 2020

Digital payments — and specifically, card-not-present transactions — may be convenient for consumers, but can impact the very operations of the retailers serving them. That includes whether they access capital through online banking, or manage payroll, send invoices, accept payments and receive settlements digitally,” said West.

Online 354

Online Survey Maine Study 354

PYMNTS

DECEMBER 10, 2018

ParkJockey , a fully integrated parking technology solutions provider, has announced an investment from the SoftBank Group , bringing its valuation to more than $1 billion. We are excited to partner with Impark and Citizens given their strong operating capabilities, complementary geographic reach and dedication to customer service.”.

Capital 116

Capital Mobile Operations Technology 116

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Other companies are leveraging advanced technologies like artificial intelligence (AI) and machine learning to boost their onboarding solutions. About The Tracker.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

NOVEMBER 12, 2020

The Financial Stability Board this month issued a warning for financial institutions (FIs) that outsource key technologies and functions, warning of " systemic risk " associated with too much reliance on a third-party partner. But it may not always be smooth sailing ahead.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

DECEMBER 30, 2020

Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5 In doing so, financing and payments are both more convenient, and present the opportunity to accelerate cash flow.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

DECEMBER 14, 2020

That inefficient process creates yet another barrier for finance teams: spending hours every week on organizing and analyzing this financial data means that, by the time any insight is presented to executive teams, it's likely already stale. Achieving real-time data analytics is a lofty goal for organizations without the proper tools.

Management 308

Management Strategy Data Tools 308

PYMNTS

FEBRUARY 14, 2020

Supply chain management has always presented a challenge for global corporates, with digitization and automation technology aiming to reduce friction and enhance visibility. Supply chain digitization presents the ability for professionals to rely on real-time data to make decisions about shipping, inventory, invoicing and more.

Analytics 248

Analytics Data Management Chicago 248

PYMNTS

MAY 1, 2020

As governments around the world work with financial institutions to connect these companies to capital, many firms are quickly recognizing just how drastically their financial worlds have been turned upside down. According to CRIF Realtime Chief Product Officer Glen Keller, this company — an operator of restaurants and cafes with £1.4

Capital 238

Capital Company Lending Data 238

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

Capital 135

Capital Lending Resources Oregon 135

PYMNTS

FEBRUARY 11, 2020

Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology.

San Francisco 131

San Francisco Capital Retail Chicago 131

PYMNTS

JUNE 5, 2020

The Mubadala investment brings the total amount of capital invested in Jio Platforms to roughly $11 billion. Jio offers mobile Internet for nearly free and tries to make money by up-selling subscriptions to their own versions of Spotify and Netflix,” Vishal Gulati, a venture capital investor at London-based Draper Esprit, told the network.

Industry 131

Industry Capital Groups Google 131

PYMNTS

FEBRUARY 19, 2019

According to CoinDesk , the agency, which serves under the country’s Ministry of Trade, has stipulated that crypto futures exchanges must be registered and approved before operating. The new regulations state that these futures exchanges and clearing houses need to have paid-up capital of at least 1.5 trillion Indonesian rupiahs.

Bitcoin 164

Bitcoin blockchain cryptocurrency Capital 164

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

South State Correspondent

JANUARY 4, 2023

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Why “Growth” is Not on The List.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

OCTOBER 19, 2020

Access to capital has always been more difficult for SMBs, and Vikram Gupta , head of the banking product engineering group at Oracle Financial Services , told PYMNTS the pandemic has only spotlighted transactional risks. Access To Capital. Supply Chain Financing.

Capital 150

Capital Payments System Course 150

PYMNTS

NOVEMBER 13, 2020

In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. Keeping track of invoices and the valuable data they present can be key for a business in any industry. It's all about the speed of getting systems updated.".

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. 18) said CapitalG and Sequoia Capital led the $225 million Series C round for UiPath. A press release issued Tuesday (Sept.

Software 143

Software Capital Technology Fintech 143

South State Correspondent

AUGUST 22, 2022

Commodore didn’t know about its customer and didn’t have enough feedback from operations to understand its margins were inadequate. While banking moves slower than the technology industry, Commodore’s problems are affecting banks across the country. Bankers’ decisions stay with their capital for a very long time.

Data 195

Data Analysis Marketing System 195

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. Technology today can automate a range of workflows surrounding a B2B payment, including invoicing, payment term management and payment processing.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

MAY 1, 2019

Sales solutions company Brandwise will deploy technology from B2B capital platform Fundbox to enable net payment terms for its suppliers, agencies and retailers, the companies announced today (April 30). “And for our retailers, we want them to have access to business capital and better terms so their businesses can prosper.

Retail 134

Retail Capital Company Payments 134

NCR

MARCH 5, 2018

With more competition from emerging fintech players and new technology such as mobile and artificial intelligence demanding banks rethink how they deliver services to consumers, some companies are now looking to question how banks should define themselves in today’s market. What do banks need to be effective?

Technology 84

Technology Company social media Examples 84

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Grab some popcorn and watch.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

FEBRUARY 8, 2022

Rather, the difference could be seen in just how significantly technology disruption has slammed its way into bankers’ discussions regarding shareholder value. Maybe that’s why the special FinXTech presentations running alongside more traditional financial, legal, and risk sessions were jam packed with executives furiously scribbling notes.

Fintech 165

Fintech Customer Experience Conference Technology 165