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NEW REPORT: How Banks Are Driving API-First Strategies

PYMNTS

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. The fear of non-payment, in particular, tends to be the smaller merchants’ worst nightmare.

Strategy 190
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The BaaS Gold Rush is On

Gonzobanker

A financial institution’s Banking-as-a-Service strategy needs to be more than an extra credit project for the I.T. Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. Now is the time to create a BaaS strategy. department.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266
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5 Steps to Better Treasury Management

South State Correspondent

In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. A best-in-class TM strategy is to define treasury management as a separate product line with its own dedicated sales specialists.

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AeroPay Introduces Digital Payment Solutions For Cannabis Businesses

PYMNTS

The company calls its strategy “smart bank transfers,” referring to the way the tech can handle the entire cannabis supply chain from grow ops and suppliers to retailers and drivers. “We are committed to providing a safer, more efficient environment for cannabis businesses to operate in,” he said, according to the release.

Payments 185
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Rebeca Romero Rainey: A world of opportunity

Independent Banker

“Today’s technology environment opens the door to a world of opportunity for community bankers.”. Fueled by visions of flying cars and robot maids courtesy of The Jetsons, I was sure technology would dominate the landscape. In fact, today’s technology environment opens the door to a world of opportunity for community bankers.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. Here, a tool like IBIS World comes in handy for setting bank strategy as you can look up any of the below industries to see their geographical dispersion.