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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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How FinTech Companies Inspire Africa With Mobile Technology

PYMNTS

According to the London Stock Exchange Group’s 2019 “Companies to Inspire Africa” report, which highlights these firms, the FinTech sector has the second highest growth rate representation of technology and telecoms as well as financial services. It is anchoring that plan on internet, consumer and marketplace payments.

Mobile 193
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

But as Sigovitch highlighted, it’s not just about offering companies the right tools. “Companies are increasingly looking to more efficiently manage the accounts payable process,” he said. .” “The challenges companies are facing today are different than they’ve faced previously,” Sigovitch said.

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Currencycloud Links Regional Banks To X-Border B2B Tech

PYMNTS

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. Our industry-leading rates platform now combined with Currencycloud’s capabilities will make our offering even more powerful for our regional and community banking clients.”.

Regional 181
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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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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. Lendsmart, Griffin Technologies. Citizens Bank Of Edmond.

Fresno 142
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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.

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