Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

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., Finaxar Teams With Visa On SMB Spend Management.

Cards 130

Cards Innovation Management Fraud 130

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. From these actions, community banks receive data on their income, home address, email address, credit card debt, employer and financial products they want to learn more about.

Community Bank 129

Community Bank Community Marketing Data 129

PYMNTS

FEBRUARY 11, 2020

11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. . The People’s Bank of China said in a statement that it has approved an application by Mastercard’s Chinese joint venture to conduct bank card clearing business in the country.

Marketing 200

Marketing Payments Cards Mobile 200

PYMNTS

NOVEMBER 18, 2020

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. to provide its dispute management solutions to the latter’s security platform.

Boston 186

Boston Fraud Marketing Mobile 186

PYMNTS

OCTOBER 28, 2020

Expense management and accounts payable (AP) automation company Emburse has rolled out Emburse Cards and Tallie Travel to offer a simple way for clients to handle their travel and out-of-pocket expenditures, according to a Wednesday (Oct. In addition, employee card managers can supervise spend at a detailed level.

Cards 122

Cards System Management Policies 122

PYMNTS

JANUARY 29, 2020

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also looking at ways to take advantage of the unique challenges in particular industries. Cards Tackle Event Planning Expenses.

Cards 141

Cards Industry Management Tools 141

BankBazaar

JUNE 14, 2023

Be it Credit Cards or coffee, too much of anything is bad! If you’re addicted to applying for Credit Cards, then this article might just be the antidote that you’re looking for. Swiping a Credit Card is as cool as sporting the best shades or shoes in the market (at least for me). Here’s our take. We’re impulsive beings.

Cards 78

Cards System US Management 78

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 30, 2019

Corporate profits are at all-time highs and the markets are mad bullish. At least those flames are casting light on flawed, outdated (even paper-based) expense management practices, as reported in the latest PYMNTS Workforce Spend Playbook. It’s not as if corporate travel managers don’t get it. Paper Receipts?

Management 130

Management Policies Cards Software 130

PYMNTS

SEPTEMBER 23, 2019

Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 Construction management software can help companies automate budget management, communication, decision-making and job scheduling. How Virtual and Purchasing Cards Can Help. In the U.S.,

Industry 169

Industry Cards Software Phoenix 169

PYMNTS

DECEMBER 16, 2019

16) that it has reached an agreement to manage Valero Energy ‘s fleet fuel card program, according to a press release. Their agreement builds upon an existing card acceptance partnership between WEX and Valero, the firms noted. ” Collaboration is an important part of WEX’s market strategy.

Cards 130

Cards Marketing Strategies Technology Payments 130

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Howard Yu , director of the Swiss–based International Institute for Management Development, told PYMNTS that a restructuring may be on the horizon. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he said.

Groups 242

Groups Cards Regulation Fintech 242

PYMNTS

MAY 1, 2019

Corporate expense management company Divvy announced a $200 million fundraise on Tuesday (April 30) led by NEA. “Divvy has hit on a compelling product, addressing a pain point experienced by every business in the world,” said NEA Managing General Partner Scott Sandell in a statement. million raised by the company.

Management 109

Management User Experience Cards Software 109

PYMNTS

NOVEMBER 1, 2018

Before CEO Toffer Grant founded PEX , he worked in the world of prepaid cards (gift cards in particular), where Christmas was the biggest challenge of every year. Gift card use would faithfully and intensely spike around Christmas, only to settle back to a more typical baseline six to eight weeks after the “event.”.

Innovation 180

Innovation Management Cards Tools 180

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that technology firms were addressing.

Cards 155

Cards Innovation Fintech Payments 155

PYMNTS

OCTOBER 19, 2020

The Mastercard Track Card to Account Transfer, the release says, will let businesses use commercial cards to pay suppliers even if the suppliers don't take card payments. The new payment facility will help to boost cash flow management and automate payments.

Cards 188

Cards Payments cryptocurrency blockchain 188

PYMNTS

FEBRUARY 25, 2020

“The range of solutions introduced in India will bring together Shell’s global experience and cutting-edge technology to offer a distinctive ‘Shell advantage’ to Indian fleet owners,” said Parminder Kohli, general manager of business development, marketing and operations for fleet solutions at Shell. . percent by 2025. percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

FEBRUARY 24, 2020

A new proposed service by the payments provider would let parents create spending accounts attached to debit cards for their teenage children, giving them more flexibility in spending at an early age, as opposed to just handing them a few dollars. Venmo is not the first company to inch in on the debit card market.

Cards 154

Cards Innovation Payments System 154

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. Boost Gives Suppliers A Voice In Card Acceptance. CardUp Eases Card Adoption In Asia.

Cards 199

Cards Tools Payments Technology 199

PYMNTS

SEPTEMBER 16, 2020

the digital payment and open banking provider based in Redwood City, California, has hired Jonathan Vaux as general manager of its European operations, the company announced on Wednesday (Sept. He has helped to craft systems used throughout the industry, the company added. i2c Inc. ,

Management 133

Management Innovation California Payments 133

PYMNTS

OCTOBER 11, 2018

In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay. Vipps, which offers the BankAxept national payment system, is owned by banks in Norway, and processes eight out of 10 card purchases made in stores in the country.

Security 125

Security System Samsung Payments 125

PYMNTS

JUNE 6, 2019

The Land Transport Authority of Singapore now includes Visa cards in SimplyGo, its contactless payment system. With SimplyGo, commuters can use a Mastercard or Visa contactless bank card or mobile phone to pay for transportation. . That has set the stage for transit systems to roll it out all over the world.

System 123

System Cards Payments Operations 123

PYMNTS

DECEMBER 13, 2018

The partnership is Vocalink’s first fully managed service in Latin America, which will ensure that we continue to provide our payments expertise long after we have implemented the new infrastructure,” said Vocalink CEO Paul Stoddart in the release. the release noted, and the real-time mobile transfer systems in Singapore and Thailand.

System 134

System Payments National Cards 134

PYMNTS

JUNE 22, 2018

Visa and Wirecard are collaborating on a digital fleet card program, the companies revealed in an announcement on Thursday (June 21). The fleet card program we have built together with Visa brings everything together into one efficient solution.”. This is costly and time-consuming. The solution is currently in pilot phase.

Cards 109

Cards Industry Regional Management 109

PYMNTS

OCTOBER 10, 2019

The cloud storage subscription market is expected to increase at a compound annual growth rate (CAGR) of 24.8 Cryptocurrency And Credit Cards. Many customers are more traditional, however, and he noted that credit card payments are likely to stick around. I think credit cards will be on the market for a long time.”.

Marketing 116

Marketing Payments Cards cryptocurrency 116

PYMNTS

SEPTEMBER 20, 2019

construction market is on track to reach $1.8 In order for construction firms, contractors and subcontractors to succeed in this market, projects must be completed on time and within a fixed budget. Keeping track of cash flow and spending will be essential for construction firms that are active in the growing market.

Cards 116

Cards Management Analytics Marketing 116

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. ” Recognizing Commercial Card Advantages. .

Cards 134

Cards Payments Data Tools 134

PYMNTS

SEPTEMBER 24, 2019

Credit cards can partially solve this problem, but issuing them to a legion of supervisors, subcontractors and workers presents another set of issues, including fees. This is why solar installation company Borrego Solar Systems is managing expenses with payment cards instead.

Cards 100

Cards Payments System Management 100

Perficient

MARCH 15, 2021

As we continue our series of posts on making HIPAA work for you, I am going to address a common problem we hear from health care marketers: “My board/boss/CMO/Legal Counsel says we cannot use patient data for marketing communications.”. So what’s a modern, data-driven marketer to do? This is a tough one. HIPAA is serious.

Data 493

Data Marketing Community System 493

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

Cards 187

Cards Security United States Technology 187

PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space. In markets like the U.K.,

Cards 142

Cards Capital Tools Course 142

PYMNTS

APRIL 10, 2018

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. There’s a personal element to the technical wizardry, though.

Management 144

Management Security United States Data 144

PYMNTS

AUGUST 22, 2019

PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release. Before that, she worked in senior positions at Total System Services (TSYS) and BBVA.

Management 116

Management Regional Leadership Meeting 116

PYMNTS

OCTOBER 21, 2020

Unfortunately, the traditional alternative of printing out paper checks and having professionals stand in line for expensive check-cashing services has led to too many workers paying too much to access hard-earned money, according to Adam Sohn, chief growth officer at SHRM (Society for Human Resource Management).

Cards 141

Cards Resources Tools System 141