PYMNTS

SEPTEMBER 8, 2020

Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. The maker of Fortnite has asked a California judge for the second time to reinstate its popular video game to Apple Inc.’s B2B Cross-Border Payments Network Thunes Raises $60M.

Payments 141

Payments California Apple Video 141

Independent Banker

OCTOBER 31, 2022

We do thousands of video banker transactions every year. These can be used as ATMs but also offer video banker service,” Versluys says. “We We do thousands of video banker transactions every year. By expanding its video teller machine (VTM) fleet, it efficiently provides extended banking hours to customers.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

FICO

MARCH 6, 2019

Evergreen Finance London Ltd, a leading UK fintech that operates as MoneyBoat.co.uk , have recently selected FICO technology and analytics to automate lending decisions. Evergreen have purchased FICO® Decision Modeler , part of the FICO® Decision Management Suite , which will execute Evergreen’s credit evaluation strategies.

Fintech 45

Fintech Analytics Lending Strategy 45

Bank Innovation

MARCH 24, 2016

Just under 10% of the companies — 15 to be exact — were fintech-related. Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

Fintech 150

Fintech Meeting Company social media 150

PYMNTS

DECEMBER 9, 2020

All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena. That suddenly opened up the market for FinTechs to offer targeted slivers of traditional banks’ financial services, like loan underwriting or debit accounts.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

SEPTEMBER 24, 2020

At a high level, the same consumers whose day jobs are to manage a company’s payments and financial controls have become accustomed to the seamless and highly personalized commerce opportunities that are available in their daily lives. Those partnerships also can open up opportunities for FinTechs, said Shields.

Payments 237

Payments Data Fintech User Experience 237

PYMNTS

MAY 22, 2020

The trend is not entirely unexpected and can be attributed to the pandemic, with FinTech funding dropping by 37 percent quarter-over-quarter to $6.1 Xtracap Fintech. In addition to invoice finance, the company offers SMBs a range of other solutions, including order management and online payments tools. CLARA analytics.

Capital 141

Capital Analytics Fintech Report 141

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred. million stolen.

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Nudging Evolution. Bringing The Curbside Model To Banks.

Innovation 318

Innovation Data Examples Community Bank 318

PYMNTS

JUNE 4, 2020

FIs must consider whether digital newcomers will find it easy to understand how to conduct video KYC processes, for example, said Zac Cohen, chief operating officer of global identity verification solutions provider Trulioo , in a recent PYMNTS interview. Get the full story in the Tracker.

Report 158

Report Fraud Security Fintech 158

Insights on Business

JANUARY 9, 2018

When it comes to digital transformation, how do you manage investments to accelerate results? Here’s the preview: Watch the video. As banks look at Fintechs to partner with or new digital capabilities to build, they must know that their data—and their customers’ data—are protected. Watch the full series here: Watch the video.

Training 96

Training Video Security Tools 96

PYMNTS

OCTOBER 1, 2020

Beyond the particulars of check disbursements or ACHs (and the detailed instructions that accompany any payment between buyer and supplier), Disque said automating payments into enterprise resource planning (ERP) or cash management functions (thus eliminating manual touchpoints) are especially beneficial in a remote working environment.

Capital 193

Capital Payments Cards Groups 193

Insights on Business

FEBRUARY 1, 2019

Working with fintechs is opening banking opportunities, but are compliance and regulatory mandates being met? This is a security risk that can be eliminated with IBM Security Access Manager (ISAM). Many banks are still operating with legacy systems and applications. Watch the video. Digital transformation.

Security 114

Security social media Video Policies 114

PYMNTS

JULY 17, 2020

Digitization and automation of back-office functions like payroll can help to reallocate more resources back to value-added operations — like caring for children. Childcare centers are shifting their available hours, with some services turning to video conferencing in a sort of virtual babysitting setting. A Remote Environment.

Software 160

Software Survey Industry Video 160

Independent Banker

FEBRUARY 28, 2023

“You have to educate yourself; you have to educate your employees and your management team. We even showed one of the videos at our annual training to all of our employees. My advice: Build a plan, understand what partners must be involved and do a lot of exploring with vendors,” says Debra Matthews, chief of deposit operations at $2.1

Resources 115

Resources Community Bank Community Texas 115

PYMNTS

JUNE 20, 2019

Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. According to the new Credit Union Tracker , as of March 2019 there were an estimated 5,572 CUs in operation and in the same month 324,000 consumers joined CUs. In the study, 91.7

Innovation 100

Innovation Cards Analytics Video 100

PYMNTS

OCTOBER 14, 2020

To that end, Ken Gavrity , head of enterprise payments at KeyBank , told Karen Webster that companies must re-examine the most basic operations in order to stay afloat and maybe even thrive – or face existential threats as they mull the great digital shift. Accounts payable and receivable used to be concrete, separate operations.

Payments 242

Payments Course Innovation Operations 242

PYMNTS

NOVEMBER 18, 2020

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. On that last point, the “interrupted” leg of the trio, Billings contended that new business models are taking shape, disrupting the way the banking industry has operated for years.

Payments 245

Payments System Innovation Management 245

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. Looking Toward Interoperability And Scale . Digital Dollars, Too? .

Payments 244

Payments Boston System Operations 244

Insights on Business

FEBRUARY 1, 2019

Working with fintechs is opening banking opportunities, but are compliance and regulatory mandates being met? This is a security risk that can be eliminated with IBM Security Access Manager (ISAM). Many banks are still operating with legacy systems and applications. Watch the video. Digital transformation.

Security 70

Security social media Video Policies 70

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

Abrigo

SEPTEMBER 5, 2019

When a community financial institution spends a lot of money on technology, the last thing management wants is to be disappointed. Financial institutions aren’t always good at creating and sticking to a business case for their technology investments, noted Martin, a management consultant who specializes in digital transformations with banks.

Software 150

Software Resources Training Community 150

Insights on Business

JANUARY 17, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Watch the video. Optimizing risk, compliance and security. IBMFintech Twitter. IBMLive Twitter. IBM Think LinkedIn Group. IBM Live YouTube . Event Hashtag: #Think2019.

San Francisco 93

San Francisco CA social media blockchain 93

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Watch the video. Technology moves fast. Trust comes in all shapes and sizes.

Security 87

Security Data Analytics Industry 87

Fintech Labs Insights

JUNE 23, 2020

Last week ( 17 June 2020 ), 21 fintech startups graduated from Plug and Play’s 11th fintech batch. Personalized video platform (IndiVideo) to engage customers. Digital credit/debit card services API platform for instant digital issuance and virtual card management. Improves database-related storage operations.

Fintech 15

Fintech Analytics Cards Video 15

PYMNTS

DECEMBER 18, 2020

At a high level, PaaS is both strategy and technology, a way for banks to retire legacy systems and digitize payments using the cloud to help manage it all. Banks that move their infrastructure and its management to the cloud don’t have to worry about resiliency in the way they would if operations were run on-premises.

Payments 169

Payments System United States Examples 169

Fintech Labs Insights

JUNE 23, 2020

Last week (17 June 2020) 21 fintech startups graduated from Plug and Play’s 11th fintech batch. Personalized video platform (IndiVideo) to engage customers. Digital credit/debit card services API platform for instant digital issuance and virtual card management. Improves database-related storage operations.

Fintech 15

Fintech Analytics Cards Video 15

Lex Sokolin

APRIL 28, 2021

But he can be roughly compared to a crypto influencer like BitBoy, a YouTuber with 850,000 subscribers and 150,000 views per video. The below video gives you a flavor. Videos range from 15 to 60 seconds, and are built for virality as determined by our artificial intelligence overlords. But all this is Gen X and Millennial stuff.

Video 52

Video social media Millennials Regulation 52

Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. By the way, so is your CEO and much of your management team. Not your chairman. Even as adults!

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Insights on Business

OCTOBER 15, 2018

IBM developed it last year to engage the community of banks and fintechs interested in the emerging ecosystem of open banking standards. Agility: Customers expect great digital services, and it is imperative for companies to develop or partner with suitable fintechs to help them launch new products. Watch the video.

Payments 96

Payments Security Fintech Examples 96

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Getting in Front of Change.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

FICO

SEPTEMBER 7, 2022

With a cost-of-living crisis and soaring energy costs across Europe and other countries, it's important to re-evaluate debt collections and customer risk management strategies. This was the opportunity to digitise risk management, delinquency and collections functions and make the most of risk-adjusted performance measures.

Strategy 52

Strategy Risk Management Management Operations 52

Insights on Business

OCTOBER 17, 2018

Starting now and running through the event, I will update and revise this blog several times a day with news, announcements, videos, and blogs live from the floor at Sibos. A playlist of IBM videos at Sibos (will be updated daily during the event). Lower risk and improved operational model for running T24 at scale.

blockchain 110

blockchain Video Compliance Meeting 110

PYMNTS

NOVEMBER 29, 2019

Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? In a feature story, Rich Wessels, treasurer for transportation management and logistics firm Transplace , explains the “chicken-and-egg” dilemma that logistics companies encounter when considering the potential benefits of AP automation. for $4 billion.

Google 129

Google Mobile Data Capital 129

Independent Banker

JANUARY 31, 2022

Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. This operating model—iterative and parallel testing and development—ensures an agile approach and strong collaboration as the Federal Reserve and pilot organizations jointly prepare our solutions for launch.”. By Colleen Morrison.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust.

Security 113

Security Fraud Mobile Cards 113