Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

PYMNTS

SEPTEMBER 17, 2019

Bain Capital Ventures announced it has hired FinTech industry veteran Keri Gohman as an operating partner. Keri is a powerhouse — a proven leader who has spent her entire career reinventing financial services and helping organizations solve global challenges,” Matt Harris, partner at Bain Capital Ventures, said in an emailed press release.

Capital 108

Capital Operations Fintech Leadership 108

CB Insights

AUGUST 17, 2021

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank.

Capital 78

Capital Operations California Regional 78

PYMNTS

MAY 26, 2020

To continue its fast international expansion, TIS (Treasury Intelligence Solutions) notched $20 million in additional financing led by Aquiline Technology Growth. The funding round for the corporate payments and cash flow management cloud platform also included participation from 83North, an existing investor, according to an announcement.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The card program allows financial institutions to establish commercial cards and rewards programs and to manage those accounts.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

DECEMBER 6, 2020

Bloomberg reported that Charles Wong , who will be chief executive of the new digital bank, said in an online briefing Friday night that the 200 new hires will work in technology in general — and in some cases, financial technology in particular. That gives us a touch-point that enables us to embed financial services.”.

Digital Banking 170

Digital Banking Operations US Financial Technology 170

Bobsguide

JULY 3, 2022

Leading fintech company, AutoRek, is delighted to have been recognised at the Systems in the City Financial Technology Awards 2022 in both the ‘Best CASS Solution’ and ‘Best Wealth Management Solution’ categories and are excited to have achieved the accolade ‘Best CASS Solution’ for the third consecutive year.

System 78

System Fintech Financial Technology Regulation 78

PYMNTS

APRIL 23, 2020

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment.

Payments 181

Payments Risk Management ATM Resources 181

PYMNTS

JUNE 23, 2020

In an announcement made last week, the community bank said the integration will support customers that seek “new functionality” from their banking service providers, according to Chief Information Officer DJ Seeterlin, who added that customers “need financial technology tools that align with their personal and business needs.”

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

JANUARY 15, 2019

-based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

NOVEMBER 5, 2020

By buying Plaid, Visa would reportedly gain access to 200 million consumer bank accounts and 2,600 financial technology apps that would help the company further push into areas like real-time payments and digital wallets. However, Visa rejects the Justice Department’s claim that that would create an illegal monopoly.

US 343

US San Francisco United States Policies 343

PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. As a result, companies can reduce the complexity of their digital invoice management at scale. has debuted its Avalara India GST e-Invoicing product.

Taxes 163

Taxes Compliance Software Resources 163

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

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

Gonzobanker

FEBRUARY 23, 2022

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Jeff For Banks

APRIL 27, 2023

Industry pundits in the know about everything financial technology and financial technology firms will soon be clinking martini glasses saluting each other and telling stories about their profitability and number of bank installs they have under their belt. It is a veritable "who" of financial technology firms.

Financial Technology 78

Financial Technology Strategy Fintech New York 78

PYMNTS

OCTOBER 9, 2018

9) said Billtrust Founder and CEO Flint Lane is joining Bento for Business’ board as the company moves to expand its presence in commercial payments, business banking and treasury management. With their strong management team and customer-centric focus, Bento is already a category leader.”

Cards 148

Cards Management Financial Technology Company 148

PYMNTS

APRIL 5, 2020

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. But numerous attempts to locate Reynolds since then have been futile, and he has not responded to requests from investigators.

Bitcoin 144

Bitcoin blockchain social media Fintech 144

PYMNTS

MARCH 22, 2020

Spend management startup Teampay is introducing the Controller Collective, a Slack -based exchange to assist controllers and senior accounting professionals, Teampay said in a statement on Friday (March 20). The advisory board is comprised of leaders from high-growth businesses in complementary sectors — Eden Health , Toast and more.

Operations 131

Operations Financial Technology Online Community 131

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

Payments 294

Payments blockchain System Bitcoin 294

PYMNTS

DECEMBER 18, 2020

“Companies are adjusting their AP practices to better suit work-from-home operations, according to recently released results of a survey taken from May to June. financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The poll of 325 U.S.

Payments 160

Payments Cards Report Tools 160

PYMNTS

NOVEMBER 12, 2020

The Financial Stability Board this month issued a warning for financial institutions (FIs) that outsource key technologies and functions, warning of " systemic risk " associated with too much reliance on a third-party partner. But it may not always be smooth sailing ahead.

Fintech 220

Fintech User Experience System Data 220

Fintech Labs Insights

AUGUST 30, 2016

Aspire was created in 2015 with a vision of re-imagining the technology infrastructure in the alternative and asset-backed lending markets. Data management and analytics tools to provide standardized data reviews. Lecker has over 25 years in the ABL industry in a variety of IT, finance, and operations roles. Register today.

Financial Technology 16

Financial Technology Technology Analytics Leadership 16

PYMNTS

NOVEMBER 5, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations.

blockchain 151

blockchain Meeting Operations Financial Technology 151

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. Open Financial Technologies. India’s Open Financial Technologies raised $4.6

Capital 122

Capital cryptocurrency Operations Financial Technology 122

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. A key aspect of the growth is the market dynamic that prefers multi-asset class trading and investment administration, simplifying front office operations, while meeting enterprise-wide best execution and financial control objectives.

New York 87

New York Software Capital Leadership 87

PYMNTS

SEPTEMBER 29, 2020

As a provider of back-office financial technology, it's vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain. Technology as an enabler is one part, but it's not the only part. Manual Pain Points. AI Steps in to Help.

Technology 149

Technology Analytics Financial Technology Management 149

South State Correspondent

AUGUST 22, 2023

If one product is the future of banking, it is treasury management. In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. It starts by targeting the right customers.

Management 195

Management Community Bank Survey Community 195

Chris Skinner

MAY 18, 2017

We want things just the way they are: manageable, predictable and boring. So it’s interesting how we’ve spent the last five years talking about sandboxes, creativity and design in financial technologies. Take the risk without impacting the bank’s operations. We don’t want to start new things.

Innovation 261

Innovation Financial Technology Marketing Examples 261

Chris Skinner

FEBRUARY 21, 2017

I did GoCardless because it got me out of being a management consultant, initially. And it gave me this grounding in how money works, how FinTech, financial technology works, and sort of, how money moves around the world…I worked for a dating website for a year, after I left GoCardless, which was amazing fun.

Study 283

Study Training Fintech Digital Banking 283

PYMNTS

APRIL 7, 2020

For Bottomline Technologies , the opportunity emerged with Friday’s launch of the $350 billion Paycheck Protection Program (PPP) under the CARES Act. As businesses establish new operational routines, there is an opportunity for firms to take an introspective moment and consider whether they may be in a position to help in some way, too.

Fintech 166

Fintech Technology Operations Company 166

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134

Software New York Risk Management System 134

PYMNTS

OCTOBER 29, 2018

According to the report, the investments were prompted by Todd Combs, a portfolio manager at Berkshire. Berkshire has historically shied away from technology investments, because Buffet said it was out of its area of expertise, noted the paper. Smith School of Business and a Berkshire shareholder, told the paper in an interview.

Fintech 139

Fintech Capital Financial Technology Industry 139

PYMNTS

JULY 23, 2019

Previous reports by Caixin Media revealed that Chinese wealth manager Noah Holdings has warned that $490 million worth of asset management products, backed by Camsing Global’s accounts receivable from JD.com, are now at risk of default. Technology, he said, is key to that endeavor. “As Regulators Step In.

Fraud 128

Fraud Regulation Report Management 128

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote.

Conference 70

Conference Fintech blockchain Compliance 70