PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. He also cited “banks’ aversion to taking on risk and fraud” in a proactive manner that leads them to create and promote new card offerings.

System 258

System Operations Fintech Taxes 258

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

APRIL 21, 2020

Plus, the IRS has shelved processing tax refunds to make room for sending stimulus payments. Instead, millions went to companies traded publicly on the stock market, businesses with thousands of employees and even to some firms that were about to fold before the coronavirus crisis hit. So do supermarkets, and so do banks.

Company 141

Company Payments Taxes Fraud 141

PYMNTS

JUNE 29, 2020

The report said firms such as Pockit, the London-based financial technology company that offers an alternative to traditional banks, and U Account, the Sheffield, England digital bank, a subsidiary of subprime lender Morses Club PLC that provides finance to poorer clients, are among those hardest hit.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

FEBRUARY 8, 2018

Their collaboration will be integral to Coconut delivering banking services to freelancers and contractors, especially as they prepare for new tax rules that require small business (SMBs) and freelancers to file taxes quarterly, beginning in April 2020, the firms said. PPS is a crucial long-term partner for us.”.

Taxes 108

Taxes Innovation Digital Banking Meeting 108

PYMNTS

JULY 29, 2019

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

Data 185

Data Leadership Taxes System 185

PYMNTS

APRIL 30, 2018

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

Taxes 144

Taxes America National Community 144

PYMNTS

JUNE 3, 2020

The money will go toward building up Lili’s platform and expanding the product, marketing and operations teams, the release states. Lili touts itself as the only company to work specifically on online banking platforms for the freelance worker community. There are around 60 million freelancers in the U.S.,

Taxes 130

Taxes Capital Tools Mobile 130

Accenture

APRIL 21, 2017

European banks are in the midst of a ‘perfect storm’ of negative interest rates, regulatory pressures and market disruption, and are in search of new sources of value. The solution of choice for each bank must be qualified based on the specific characteristics of its client segments and local market considerations.

Management 200

Management Innovation Taxes Marketing 200

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent from 2016 to 2021.

Report 104

Report Policies Digital Banking Payments 104

PYMNTS

OCTOBER 13, 2019

Launched five years ago, Revolut has almost 8 million customers, offering digital financial services through a mobile application including digital debit accounts, currency exchange, budgeting and person-to-person (P2P) payments. bringing Revolut’s total global footprint to 56 markets. banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

AUGUST 9, 2020

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. There will also be receipt managing sub-accounts for tax purposes, and other such perks.

Tools 168

Tools Community Bank Community Taxes 168

PYMNTS

OCTOBER 23, 2020

The company offers users real-time, expense tracking tools for taxes and financial insights. There's a digital debit card offered which lets users begin banking immediately without waiting for a card in the mail, the release says, and the app is functional with Google Pay , Cash App and Venmo. “Our

Capital 170

Capital Leadership Taxes Google 170

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena.

Taxes 141

Taxes Fintech Payments Security 141

South State Correspondent

APRIL 24, 2023

So, like any new bank marketer, it composed a fairly interesting email (below) using the subject line “Secure Your Healthcare Future: Boost Your Health Savings Account Contribution.” The application changed the subject line again to “Take Advantage of Tax-Free Savings: Increase Your Health Savings Account Contribution.”

social media 195

social media Data Marketing Technology 195

Gonzobanker

JUNE 16, 2022

If you thought, however, that after 28 years, banks had perfected the art of personalization, you’d be wrong. According to Jim Marous, CEO of The Digital Banking Report : “Consumers expect financial institutions to understand their needs and deliver personalized solutions similar to what they receive from fintech and Big Tech firms.

Fintech 146

Fintech Apple Cards Data 146

Chris Skinner

JULY 27, 2017

He knew when he took over the bank was a basket case, tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering.

System 284

System Taxes Analysis Case Study 284

PYMNTS

MAY 30, 2016

Barclays is looking into expanding its share in markets, including the U.S. The British multinational banking corporation is looking into using its credit card business to spearhead its growth as it has quadrupled the bank’s profit over the last decade. We have opportunities to grow in pretty much every market we are in.”.

Taxes 100

Taxes Capital Cards Marketing 100

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

ATM 192

ATM Millennials United States Study 192

Fintech Labs Insights

AUGUST 8, 2022

FintechLabs follows the small business digital banking space closely. While the summer is typically slow in terms of marketing initiatives, Grasshopper Bank is the exception in the small business banking space touting a 1% APY in the first paid result on a recent Google search ( see screenshot below ).

Digital Banking 15

Digital Banking Google Taxes Fintech 15

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

OCTOBER 17, 2018

GFA joins a small, but steadily growing, group of CUs that are offering financial services to this emerging market. The industry is looking for basic banking services,” she said. “If Before GFA, immigrants struggled to find a bank that would offer financial services to non-citizens. Based on the latest data from the U.S.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

OCTOBER 4, 2019

When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release. The bank will handle the funds and will offer FDIC protection up to $5 million.

West Virginia 132

West Virginia Virginia FDIC Taxes 132

PYMNTS

JUNE 8, 2018

Though the ban was intended to shift India into the digital economy fast lane, improve tax revenues and crack down on corruption, cash continues to play a strong role in India nearly two years into effect. If [citizens] don’t have a bank account, then, by definition, every transaction will be cash-based,” he said.

Policies 122

Policies Digital Banking National Tools 122

PYMNTS

MAY 18, 2017

Meanwhile, in the world of digital banking, an innovation that can help clients automatically navigate investments based on their preferences is already available: robo-advisors. Online investment firm Betterment is one of the first companies to bring robo-advisor services to market. The company currently has over $8.5

Survey 101

Survey Management Digital Banking Taxes 101

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Digital banks. Digital Banks. There are literally hundreds of digital banks — all targeted at people who reportedly don’t like banks for one reason or another. Monzo bank , one of the larger U.K.-based Benjamin Franklin.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 15, 2018

In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority.

Fintech 115

Fintech Compliance Software Taxes 115

Abrigo

OCTOBER 21, 2019

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.” Go the extra mile.”.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

Gonzobanker

MAY 14, 2018

Financial Brand Forum , an exponentially growing event now in its fifth year – targeted at the morphing worlds of financial marketing, sales and service – is a well-oiled machine with several coats of highly buffed wax. Even safe deposit boxes might go away with digital documents,” he said. What could possibly go wrong?

Branding 121

Branding Industry Apple Marketing 121

PYMNTS

APRIL 19, 2019

The economy is growing, and tax refunds may have also helped boost spend. P2P: Bank of America’s 1Q results show a bright spot in digital banking, as P2P services gain traction. Retail Sales: Rally 1.6 Qualcomm: Battle a tech giant, settle the skirmish, see stock surge.

social media 125

social media Online Regulation Taxes 125

PYMNTS

FEBRUARY 13, 2020

.” But just because the hurdle of late payments may be similar to what a small business faces doesn’t mean the same banking products and solutions designed for SMBs can always be the right fit for a freelancer. At present, the freelancer economy is underserved by the traditional banking market, he said.

Management 153

Management Payments Cards Operations 153

PYMNTS

MAY 18, 2018

With the funds, Cellulant said it will continue to focus scaling its payments and digital banking solutions for the agriculture industry. targets the cannabis industry with its market intelligence and consumer research offering. Expense Management. Data & Business Intelligence. InsightSquared. BDS Analytics.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

AUGUST 8, 2017

Startup bank Tandem has acquired Harrods Bank , officially achieving its goals of moving into the U.K. banking market. The news was seen as a major setback to Tandem’s plans to launch as a full bank in the U.K., Tandem’s acquisition of Harrods Bank, which posted pre-tax losses of £8.4m

Taxes 106

Taxes US Cards Branding 106

Celent Banking

MAY 2, 2016

Banks and credit unions operate differently, and Celent has explored the variations in blogs and publications. The mission statement of the credit union market has historically revolved around extreme customer centricity. There are two possible drivers: Customer centricity : A focus on the customer could be a driver for higher churn.

Mobile 100

Mobile Marketing Data Taxes 100

CB Insights

APRIL 29, 2019

The dream alchemist — which has been employed by companies like QuickStep — has the responsibilities of what is traditionally called a creative director or head of marketing. Tax Wrangler. Remote Funnel Marketing Ninja. Dream Alchemist. This is not the only alchemist position out there. Ninjas were feared forces in feudal Japan.

Innovation 78

Innovation Software Taxes Google 78

Independent Banker

OCTOBER 31, 2021

Community bankers are increasingly recognizing that the future of digital lending is here. Demand for digital banking products and services is on the rise across different geographic markets and customer demographics. “In We see that within our market as well, and the COVID-19 pandemic has accelerated that decline.”.

Lending 91

Lending Community Bank Community North Dakota 91

PopularBank

OCTOBER 28, 2020

This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. To this end, it focuses resources on remaining branch locations to pursue local opportunities and deliver banking services and solutions to meet the unique needs of the communities.

Puerto Rico 52

Puerto Rico New York Metro Community 52