PYMNTS

SEPTEMBER 29, 2020

Smart cities powered by 5G networks have long been forecast as coming soon to major metros all over the world. But actual progress has been limited by various regulatory and technological headwinds that have kept the connected smart city more a vision of the future than a concrete reality of the present. However, CEO Ian Aaron of Ubicquia , a smart cell and smart grid technologies company, told PYMNTS that the past half year has changed the outlook for smart cities.

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Perficient

SEPTEMBER 29, 2020

For the first time ever, we are excited to announce that Perficient’s Charlotte office has been named one of 2020’s Best Places to Work ! This is the third top workplace award earned in the Southeast region this year, with our Atlanta office also being named a Best Place to Work as well as a 2020 Top Workplace. The Charlotte Business Journal runs this program each year to recognize outstanding companies whose benefits, policies and practices are among the best in the region.

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Payments Dive

SEPTEMBER 29, 2020

Mobile Payments Today interviewed Victor Ho, CEO of Fivestars Marketing regarding how fintechs can help small businesses thrive in a post-pandemic environment.

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Fintech Mobile Marketing Payments 436

Perficient

SEPTEMBER 29, 2020

In order to meet customer demands, organizations are looking to expand their digital process automation (DPA) services. As a result of these increased demands, the focus of DPA has moved from concerns about cost reduction to an emphasis on digital transformation. Traditional methodologies are being refined to focus on the customer journey and to ensure a seamless, end-to-end user experience.

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

PYMNTS

SEPTEMBER 29, 2020

“Talk to the hand” will take on new meaning starting Tuesday (Sept. 29). CNN reports Amazon has introduced the latest touchless way to pay at checkout. Dubbed Amazon One, the method allows users to pay with the palm of their hand at some of its stores. The giant eCommerce website can now connect a stored credit card with a palm print. Here’s how it works: place the palm of your hand above a sensor and purchase products at checkout-free Amazon Go stores.

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PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative. Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead.

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Perficient

SEPTEMBER 29, 2020

“Consumer-centric experience” has become a buzzword in healthcare circles. In fact, working with healthcare organizations across the country, I hear from leadership over and over again: I want to create the Amazon experience! They feel the threat of Amazon and other retail giants moving into their space, and they want to fight back. The problem is: While there’s a lot healthcare can learn from retail, it’s also true that much about retail doesn’t work in healthcare.

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PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects. These legacy methods often reduce the speeds at which firms deliver invoices and follow up on overdue payments, as they are less efficient for prioritizing co

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Perficient

SEPTEMBER 29, 2020

Have you ever wondered why Argus Safety functionalities that you have been using for months or years suddenly started behaving as though someone secretly changed your configuration? Everyone, at some point feels as though their system has become its own evil twin. Let’s dig down into some common reasons why Argus Safety begins, without warning, to behave badly: Data Migration : This is an all too common scenario where data from a legacy system or an acquisition is migrated into your perfect Argu

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. PayMongo plans to use the new funding to speed up introducing new features and products, and to keep building its product, design and engineering teams, the press release says.

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Payments Source

SEPTEMBER 29, 2020

The Oakland, Calif.-based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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PYMNTS

SEPTEMBER 29, 2020

Square has unveiled a quick-response (QR) code-based self-service ordering functionality for eateries harnessing Square Online. The feature lets customers make orders through their mobile devices, steering clear of unnecessary physical contact with staff at no further charge to the company, according to an announcement. Square Online sellers in the U.S., Canada, U.K. and Australia can now use the self-serve ordering feature.

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Payments Source

SEPTEMBER 29, 2020

David Heun, Associate Editor at PaymentsSource, talks to Kevin Gosschalk, CEO and founder of Arkose Labs, about the fraud trends that have emerged over the course of the coronavirus pandemic.

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment.

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Payments Source

SEPTEMBER 29, 2020

Processing transactions quickly enough to serve digital commerce comes with arduous upgrades and complicated choices, but that's only the stick. The carrot is people like faster payments, so there's plenty of opportunities to boost payment revenue.

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Payments 129

PYMNTS

SEPTEMBER 29, 2020

Some convenience stores and restaurants have seen their revenues dented by 60 percent or more in recent months, Paytronix CEO Andrew Robbins told Karen Webster. But he said what’s really remarkable is how consistently hopeful, engaged and optimistic businesses are about what comes next. “It was just amazing that the sentiment I am hearing is: ‘If this is the toughest thing the world can throw at us, we can beat it,’” Robbins said.

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Payments Source

SEPTEMBER 29, 2020

Amazon's palm-reading payment system is the sort of product that could probably succeed only at this point in time.

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

PYMNTS

SEPTEMBER 29, 2020

Whole Foods CEO John Mackey said the company's merger with Amazon has been enabling the grocery retailer to "think long term," Bloomberg reported. "We’ve had three major price reductions, we’re beginning a fourth,” Mackey said, according to Bloomberg. “They’re making investments in technology for Whole Foods that I think will be transformative. And they’ve been respectful of our culture; they haven’t tried to just turn us into Amazon.

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ATM Marketplace

SEPTEMBER 29, 2020

Creating a great customer experience is only half the battle when it comes to branch transformation, according to William Budde, vice president, product marketing, for Hyosung America. The other half is creating a branch that can be effective and efficient by utilizing the right technology.

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PYMNTS

SEPTEMBER 29, 2020

A team of police and investigators raided the headquarters of KfW , a German state-owned development bank, over a 100 million euro ($117 million) loan it made to Wirecard , the Financial Times (FT) reported. Frankfurt prosecutors are investigating the loan, according to FT. A spokesperson for the lender said the company is cooperating with police and confirmed the raid occurred two weeks ago.

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Fraud Report Groups Fintech 273

Payments Source

SEPTEMBER 29, 2020

Looking to expand beyond its current role in providing compliant digital payment options for legal cannabis businesses, AeroPay has caught the attention of fintech investors.

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Payments Fintech 110

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

PYMNTS

SEPTEMBER 29, 2020

Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. Government-mandated store closures, social distancing requirements and increases in eCommerce only piled onto the problems brick-and-mortar stores were already having. That will have the effect of speeding up bankruptcies going into the end of the year, the report stated.

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TheGuardian

SEPTEMBER 29, 2020

‘Spoofing’ practice illegally affected futures and metals market Landmark settlement lifts regulatory shadow over bank JP Morgan Chase has agreed to pay more than $920m and admitted to wrongdoing to settle federal US market manipulation investigations into its trading of metals futures and Treasury securities, the US authorities said on Tuesday. Related: JP Morgan sets aside $8.3bn to cover Covid-19 losses Continue reading.

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PYMNTS

SEPTEMBER 29, 2020

Another contender has joined the Prime Day counterprogramming battle. Target announced on Monday (Sept. 28) that its “ Deal Days ” will compete day-to-day with Amazon’s proprietary holiday, which was confirmed only a few hours before Target’s. By going head-to-head with Amazon, Target throws down the gauntlet not only to its Seattle-based competition, but to Walmart as well.

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BankInovation

SEPTEMBER 29, 2020

Argentina’s Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, is launching its prepaid card operations in Mexico. Three years after kicking off operations in its home country, the company is expanding into Latin America’s second-largest economy at a time when the coronavirus pandemic is boosting online transactions globally, […].

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending