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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

With speed-to-market more important than ever as businesses eagerly search out tools to support business continuity, FinTech partnerships enable banks to accelerate new product rollouts. But as Sigovitch highlighted, it’s not just about offering companies the right tools. Localizing Advisory Services.

Regional 214
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Castles Technology Buys Spire Payments

PYMNTS

Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct. Castles Technology customers will benefit from having a local presence and more access to the new technology.

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Twitter, Other Tech Companies Caution Europe Over Internet Rules

PYMNTS

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The legal framework for digital services has been largely unchanged in the region for about 20 years. The companies expressed concern about how harmful and illegal content will be handled in the future.

Company 225
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PayPal Invests In Emerging Markets Lending App Company Tala

PYMNTS

Tala, the consumer lending app in emerging markets, announced Monday (Oct. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. 22) a strategic investment from PayPal.

Lending 193
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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. Lendsmart, Griffin Technologies. Citizens Bank Of Edmond. Fresno First Bank.

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Kroger, Ocado To Build Regional High-Tech Fulfillment Centers

PYMNTS

The Kroger Family of Companies, the nation’s largest supermarket chain, and Ocado Supermarket Co., Through our strategic partnership, we are engineering a model for these regions, leveraging advanced robotics technology and creative solutions to redefine the customer experience.”.

Regional 131