PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. China was the largest market, yet volume has declined in recent periods.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

JULY 25, 2019

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. Challengers see fraud protection as especially important, particularly as they attempt to ween customers away from legacy FIs and their own nimbler FinTech competitors. Bringing a global fraud approach to a new local market.

Fraud 164

Fraud Marketing US Resources 164

PYMNTS

OCTOBER 28, 2020

Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution. Advanced workflow automation functions enable connection to the client’s back-office technology. REPAY Inks Deal For B2B AP Automation Firm CPS. 27) announcement.

Fintech 141

Fintech Payments Fraud Policies 141

PYMNTS

NOVEMBER 26, 2019

PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities. One CU upgrading its mobile technology is SAFE Credit Union , which has more than $2.3 Crunching The Numbers .

Marketing 131

Marketing Sacramento Data Mobile 131

PYMNTS

SEPTEMBER 29, 2017

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

DECEMBER 12, 2018

In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. … The future is definitely digital. But it’s very promising.

blockchain 242

blockchain Payments Conference Technology 242

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Marketing Automation 100

Marketing Automation Marketing Cards Payments 100

PYMNTS

FEBRUARY 14, 2020

But as banking becomes ever-more mobile, and account openings and activities are done through digital channels, the very definition of support – and how it should be provided – is changing. Adoption was low, and they blamed the technology for a poor rollout and communication plan.”. The SMB Focus.

Branding 228

Branding Mobile Tools Fintech 228

BankBazaar

FEBRUARY 27, 2020

The company saw a 46% increase in monthly revenue and a 17% reduction in costs during the same period despite tough market conditions. The impact of this slowdown was felt across the Fintech sector, and BankBazaar like the rest, started FY20 on a tough note. in November 2019 from 13.8% in November 2018. Need help with investments?

Fintech 78

Fintech US Resources Cards 78

PYMNTS

MARCH 4, 2020

In a Masterclass conducted by Karen Webster, Norm DeLuca, managing director of banking solutions at Bottomline Technologies , said banks must put corporate clients at the center of their digital transformation roadmaps, helping those enterprises capitalize on the competitive advantage fostered by advanced technologies.

User Experience 203

User Experience Data Fintech System 203

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.

Data 173

Data Google Fintech Groups 173

PYMNTS

JULY 24, 2020

Most recently, it resulted in a partnership with B2B cross-border payments solution provider Thunes , which enables UNFCU to implement the FinTech’s technology to streamline and accelerate cross-border payments by connecting FIs with mobile wallets. in markets like Kenya, mobile payments are the norm. . As the U.S.

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

MARCH 16, 2017

We were surprised to see businesses actively selling into markets because they had a vehicle to receive payments there, and they were actively avoiding other markets because they didn’t know how to get paid there,” Moen said of Flywire’ s conversations with companies revealing their B2B payment pain points. Time For Change.

Marketing 109

Marketing Payments Compliance Innovation 109

PYMNTS

FEBRUARY 29, 2016

Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca. markets that could be slowing down the digitization of electronic B2B payments. markets that could be slowing down the digitization of electronic B2B payments.

Innovation 100

Innovation Fintech Tools Technology 100

PYMNTS

MARCH 2, 2020

In other news, cash recyclers are nowhere near as sexy as ITMs, but they do enable ATMs to require less frequent cash fill-ups, and that’s digital-first thinking, even if it’s not the pure-play definition of digital-first banking. In the U.K., The report says Chinese FIs are expected to spend “… up to 220 billion yuan ($31.6

ATM 191

ATM Millennials Retail Video 191

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Track the LatAm fintech companies in this brief and many more on our platform. Track LatAm fintech companies. LatAm Fintech. 630+ items. Categories.

Company 65

Company Fintech Comparison Marketing 65

PYMNTS

OCTOBER 16, 2020

Yandex regrets to confirm that it has not been able to agree to definitive transaction terms with the core shareholders of Tinkoff, and accordingly that the parties have mutually agreed to terminate discussions regarding a possible offer by Yandex for 100% of the share capital of Tinkoff,” Yandex said in a press release.

Groups 141

Groups Google Capital Fintech 141

Insights on Business

DECEMBER 7, 2016

Legacy systems, not fintech (November 2016), by Mike Gardner seemed to go viral on my Twitter stream. After reading Gardner’s article, I decided to tap into some of the fintech experts I’ve engaged with and see what their thoughts are on legacy systems and fintech as threats to banking. Fintech experts weigh in.

System 70

System Fintech Innovation Industry 70

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. A Higher Technological Standard. “Technology and apps are the way forward.” Speeding Up Wages. Unlike the U.S., ”

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance. PYMNTS: What are the benefits of implementing blockchain technology, and how is it impacting the insurance industry?

blockchain 127

blockchain Industry Bitcoin Innovation 127

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools.

Management 116

Management Compliance Taxes Marketing 116

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. While some will fear it, many will crave it.

Training 195

Training Data Tools Technology 195

BankBazaar

FEBRUARY 17, 2020

Our Chief Marketing Officer, Aparna Mahesh was recently in conversation with the Hindu Business Line to talk about the recent shift in the narrative of marketing and how brands are coping with it. ?. This is another big challenge for marketers. What are the specific technologies that have driven these changes?

Marketing 78

Marketing Branding Millennials Video 78

CB Insights

MAY 8, 2018

See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. Although regulators grapple with this definition, we’ll use it for our purposes to understand how this financing method is changing. ICOs are expensive, and often incur legal, marketing, and advisory expenses.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

SEPTEMBER 23, 2016

SWIFT is the latest FinTech player to perk up at the thought of using distributed ledger technology for business transactions. SWIFT’s report explored how the market would approach standardization of these technologies and how to apply previous standardization initiatives to this process.

blockchain 100

blockchain Study Technology Security 100

Insights on Business

APRIL 3, 2018

Now, the industry sees the same concept and technology behind it as a catalyst for their business to achieve digital transformation. Technology convergence and democratization tears down entry barriers used by traditional banks. New customer pressures drive change in consumer expectations faster than it ever has been.

Las Vegas 159

Las Vegas Innovation Industry System 159

PYMNTS

MAY 13, 2019

In part, these FinTech platforms have challenged accountants to remain relevant by acting as strategic advisors, and the technology has empowered accountants to do just that by automating tedious, time-consuming tasks and freeing up assets for accountants to take on that elevated role. .” In the U.S.,

Data 153

Data Tools Software Compliance 153

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. When I look at it from a U.S.

Lending 109

Lending Google Fintech Industry 109

PYMNTS

DECEMBER 6, 2017

Collaboration between FinTechs and banks. Businesses have begun to shed the notion that they are slow to embrace new technologies, and that means the disruptive services and solutions coming out of the financial services space aren’t leaving B2B payments in the dust. That’s where FinTech comes in.

Payments 183

Payments blockchain Innovation Fintech 183

Insights on Business

OCTOBER 31, 2018

Territory definition and modeling. Customers are starting to realize that more robust and agile territory definitions are becoming the standard. Very few companies we have encountered in the last year have simple territory definitions. Territory definition and crediting. Territory definition and quota alignments.

Management 119

Management How To Operations Technology 119

Insights on Business

SEPTEMBER 18, 2016

Some forward-looking banks, – and even more third-party providers (TPPs) and financial services technology companies (FinTechs) are embracing the directive as an opportunity to gain a competitive edge, retaining and gaining customers through value-added services. Value-Added Services = Profits for Banks. Find more information here.).

Marketing 70

Marketing Payments Compliance Security 70

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. percent share of the global money transfer market and puts the company at No. Today, we cover more than 150 markets and handle close to $30 billion in transfers. That’s a 6.75

How To 136

How To Risk Management Technology US 136

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Topping their list of complaints: speed to market/pace of new improvements (or lack thereof) and integration challenges. At least, not right now. appeared first on Gonzobanker.

Strategy 158

Strategy System Risk Management Technology 158

PYMNTS

OCTOBER 7, 2016

Stephen Ufford , founder and CEO of Trulioo , said businesses are focused on creating efficiencies in order to have room in their roadmap for the unknown, which also means they are consuming the tools available in the market today at a faster rate. A New Regulatory Reality.

Compliance 197

Compliance System Industry Regulation 197

PYMNTS

JUNE 20, 2018

Micro-businesses are a bigger part of the small business scene, but the banking products and services provided have not kept pace with the technological advancements occurring in other parts of the industry. “These definitions that have popped up, and the segmentation that goes on, sometimes complicates it for banks,” he said.

Community Bank 101

Community Bank Community Fintech Survey 101

PYMNTS

DECEMBER 30, 2019

Corporate profits are at all-time highs and the markets are mad bullish. FinTechs are busy partnering up with financial institutions (FIs) to field true end-to-end corporate travel solutions. It’s not the definition of “end-to-end,” but it’s a long way from paper. So why are companies “borrowing” $1.6

Management 130

Management Policies Cards Software 130

PYMNTS

OCTOBER 18, 2017

The question applies to financial institutions of all sizes and is especially germane to smaller banks and credit unions, firms which do not have the deep pockets or the technology of larger banking compadres and FinTechs. explained there is wide variation in the definition of innovation. What of regulation?

Innovation 140

Innovation Compliance Community Bank Strategy 140