PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Though technology is accelerating and improving access to information, maintained Schwartz. “A For executives to have that holistic insight, explained Schwartz, visibility is key.

Management 268

Management Lending System Operations 268

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 2 Look for signs that indicate a planned software implementation or other technology change might be at risk of failure or poor return on investment. .

Management 195

Management Software Survey Fintech 195

PYMNTS

SEPTEMBER 19, 2019

Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. Technology to the Rescue — Maybe.

Technology 117

Technology Strategy Management Industry 117

South State Correspondent

MARCH 14, 2024

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

Innovation 195

Innovation Strategy Capital Comparison 195

Abrigo

OCTOBER 20, 2020

Plan for new technology and innovations. The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk.

Management 195

Management Lending Community Strategy 195

PYMNTS

SEPTEMBER 5, 2019

Payments and cash flow can be the difference between life and death for small and medium-sized businesses (SMBs), This also applies to expense and spend management, which have a massive impact on cash flow. Technology, analysts said, will be essential to addressing these challenges. Not only that, but 24 percent of U.K. SMB Challenges.

Management 150

Management Mobile Cards Technology 150

Perficient

NOVEMBER 27, 2023

Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities. Diagnosing and Correcting Process Failures Despite the billions spent yearly to digitize processes, companies often are not operating at their maximum potential. what was done).

Industry 221

Industry Regulation Compliance Data 221

Abrigo

JUNE 8, 2017

To ensure that underwriting and portfolio management satisfy regulatory expectations as well as industry best practices 2. To provide bank management and the board with an objective assessment of credit quality and ongoing portfolio management 3. Additional Resources Managing member business lending risk Hiring headache?

Risk Management 150

Risk Management Management Policies Lending 150

Abrigo

AUGUST 9, 2019

Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution. These two tracks will help financial institutions to manage risk and drive growth.

Management 150

Management Conference Lending Training 150

Perficient

JANUARY 11, 2021

The brands that can operate with speed and agility win in this environment. Managing a mobile product is about researching new ideas, iterating quickly, and using those learnings to move in the right direction. A mobile product runs its course until it no longer meets the needs of your business. . Get started today.

Mobile 502

Mobile Strategy US Management 502

PYMNTS

DECEMBER 4, 2017

How to streamline payments between buyers and suppliers who are unaware that new technology can significantly enhance operational efficiencies? And the technology finally exists to make that happen; it simply takes some education to build awareness. PARS for a New Course.

Course 101

Course Payments Cards System 101

FICO

MARCH 25, 2022

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. In other words, a fraud management system isn’t a black box. Effective Fraud Management Requires Explainable Technology.

Fraud 52

Fraud Management System Course 52

South State Correspondent

DECEMBER 8, 2023

Where there is no correct answer, the takeaway was that the most successful banks have a clearly communicated definition and often meet with their retail, commercial, and specialty counterparts to manage issues and conflicts. Many banks were looking to install more automation to lower operating costs.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.

Management 100

Management Innovation blockchain Capital 100

PYMNTS

APRIL 2, 2018

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures. Amit Duvedi, VP of business value engineering for Coupa, said it doesn’t have to be that way. Found Money.

Management 125

Management Community Capital Company 125

PYMNTS

JANUARY 31, 2018

That’s a metaphor, of sorts, and a caution for treasury management professionals as they navigate their swivel chairs, swiveling between spreadsheets on their desks, computer screens on desktops and even apps on their phones and tablets. But getting the minutiae of the operations requires being backward- and forward-looking.

Management 116

Management Data social media System 116

PYMNTS

MARCH 8, 2018

And as far as supply chains go, we’ll venture to say it could benefit from a technology upgrade. One firm, FoodLogiQ , a software as a service (SaaS) provider, seeks to boost transparency in the food supply chain, offering technology that improves traceability from end to end, with focus on compliance.

Management 101

Management Compliance Technology Examples 101

PYMNTS

MAY 3, 2018

Lyft made progress over its rival Uber this year when corporate travel and expense management firm Certify released data that found a 9 percent increase in the percentage of Lyft ride-hailing trips expensed on its platform. The ride-hailing and ground transportation competition in the U.S. “It just drives me crazy,” he said.

Management 100

Management Data Meeting New York 100

PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows. What’s Important To Merchants.

Analytics 293

Analytics Examples Trends Operations 293

PYMNTS

AUGUST 11, 2020

He was previously an adjunct professor teaching information security graduate and undergraduate courses for the University of North Carolina. ” Spreedly has been on a spree of hiring new people as of late, also recently filling their roles for heads of human resources, technology and marketing, PYMNTS reported.

Security 221

Security North Carolina Leadership Meeting 221

PYMNTS

MARCH 4, 2020

And while the headlines may focus on the battle for the individual consumer’s share of wallet, banks are facing an increasingly competitive environment when it comes to getting — and, of course, keeping — corporate clients. They might not care what the label attached to the technology is, but they do want their banks to know them better.

User Experience 203

User Experience Data Fintech System 203

FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. Thu, 06/23/2022 - 12:40.

Fraud 52

Fraud Management Data Compliance 52

PYMNTS

NOVEMBER 27, 2020

Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological innovation into the sector, with business banking an increasingly popular focus for new players. There is so much to do," he said of eCommerce business owners' struggle to manage operations.

Strategy 295

Strategy Industry Marketing Data 295

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal. Robot Efforts. The company applied to the U.S.

Innovation 243

Innovation Seattle California United States 243

PYMNTS

AUGUST 5, 2020

The great digital shift, along with the pandemic, has brought all manner of activities into the virtual realm — most notably, of course, commerce itself. Coinstar now owns and operates more than 22,000 kiosks across nine countries and recycles roughly $3 billion in coins annually worldwide ($2.7 billion in the U.S.

Bitcoin 339

Bitcoin Course Cards Payments 339

PYMNTS

SEPTEMBER 7, 2016

Oildex , which provides financial processing tools for the sector, saw about $180 billion pass through its platforms last year alone, according to Chief Technology Officer Mike Weiss. ” Cash management, of course, is vital for any industry. With all of that money, oil and gas businesses spend — a lot.

Management 100

Management Industry Course Operations 100

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. Additionally, the transfers take many days.”.

Payments 232

Payments Regional Data Management 232

PYMNTS

NOVEMBER 25, 2019

You might end up ordering or paying with your face via facial recognition technology. Assuming the consumer has a mobile device and uses Apple or Google, the technology can push a loyalty program sign-up offer — sometimes including pre-filled forms — via the person’s NFC-enabled phone. The Index also noted that 79.5

Payments 225

Payments Mobile Dallas Apple 225

PYMNTS

JANUARY 6, 2020

The technology is often considered a game-changer for supply chain management and logistics operations, able to both elevate the efficiency of operations while connecting corporates to real-time data for deep business intelligence and analytics. The Chicken-and-Egg Conundrum.

Arkansas 142

Arkansas Tools Data Operations 142

PYMNTS

MAY 23, 2019

According to a statement , the beverage behemoth has “announced the launch of PepsiCo Foodservice Digital Lab, a first-of-its-kind suite of capabilities built to connect foodservice operators with the companies, services, insights, and solutions best suited for their specific digital and online needs.”. QSR Innovation. Mobile Innovation.

Innovation 148

Innovation Retail Operations Technology 148

PYMNTS

FEBRUARY 14, 2020

Restaurant management platform Toast unveiled a $400 million Series F funding round led by Bessemer Venture Partners, Greenoaks Capital, Tiger Global Management and TPG. The company says it will put the investment proceeds toward its technology platform to meet the evolving needs of the restaurant space.

Community 168

Community Capital Industry Course 168

Jeff For Banks

APRIL 4, 2024

Shadow Banking refers to banking-like operations that take place outside of the mainstream banking industry. But bankers should be preparing for a devaluation of the collateral used by their borrowers to determine how best to manage this emerging situation. and 53% indirect costs: operations, IT, human resources, etc.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

PYMNTS

APRIL 2, 2019

Fortune reports the fraudster, who pleaded guilty to the crime last month , was able to steal company funds from a range of businesses over the course of two years. In the world of procurement spend management, data is undoubtedly key. Shifting Spend Cultures.

Analytics 148

Analytics Data Policies Management 148

PYMNTS

JANUARY 11, 2021

Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

Payments 198

Payments Strategy Fintech Tools 198

South State Correspondent

FEBRUARY 22, 2024

Of course, the situation gets worse as most banks, other than real estate, don’t invest with a ten-year or longer horizon. Bank management is hyper-focused on net interest margin. Expense control, loan growth targets, managing cost of funds and customer acquisition dominate executives’ time.

How To 195

How To Strategy Capital Lending 195

PYMNTS

JANUARY 4, 2019

Quick-service restaurant (QSR) managers are a conservative bunch when it comes to payments, new PYMNTS research found. Yet, only about 63 percent of QSR managers said the same thing. Apple Pay , for instance, was viewed positively by about 94 percent of customers, but only 70 percent of QSR managers agreed. Amazon Pay.

Apple 177

Apple Cards Retail Management 177

PYMNTS

NOVEMBER 13, 2020

As real-time payments make their way to ubiquity in markets around the globe, more small- to medium-sized businesses ( SMBs ) are exploring how instant transactions may be able to add value to their own operations. We needed to position ourselves to respond to that emerging trend from a technology perspective.".

Payments 189

Payments Management Capital Data 189