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. Another technology in discussion will be the ever prevailing blockchain technologies.

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Insights on Business

JUNE 25, 2018

FinTech is undeniably transforming banking and financial industries. Subject matter experts share their experiences with IBM clients on how they’re changing the way they operate in the industry—implementing projects across cloud, AI, security, and blockchain, and finding new ways to partner with FinTechs.

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PYMNTS

MAY 30, 2018

And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs. That could have been informing the services and advice banks present to customers, and would have helped to strengthen and develop relationships.”.

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PYMNTS

JUNE 22, 2020

Firms have had to quickly adjust their operations so workers can stay home to help prevent the virus’s spread, but this has presented hurdles for businesses with entrenched paper-based processes. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

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PYMNTS

JANUARY 19, 2021

Cannabis software and delivery firm Blackbird is working with FinTech AeroPay to bring cashless payments to the cannabis industry, according to a press release emailed to PYMNTS. The payments made with AeroPay will then be funneled through a secure bank-to-bank transfer between customers and the business, the release stated.

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PYMNTS

JUNE 4, 2020

The June AML/KYC Tracker ® explores these and other methods that financial services companies are adopting as they work to make their security efforts both faster and more accurate. Why Tightening Security Will Advance Open Banking. Around The AML/KYC Landscape. Get the full story in the Tracker.

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PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. That's a security risk.".

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PYMNTS

DECEMBER 30, 2020

The B2B eCommerce space saw some of the biggest investments of the year for B2B FinTechs, a testament to investors' confidence in the evolution of the market. Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5

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PYMNTS

JUNE 3, 2020

Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native products and services. That is, until FinTechs and challenger banks stepped onto the scene, jumpstarting financial services innovation in a whole new way.

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PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. Many customers want access to convenient, digital financial solutions from FinTechs that are using open banking integrations to provide robust services.

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PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. The deal will also give rise to strategic collaborations between traditional financial institutions and tech-nimble FinTechs. Big data, it used to be called.

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PYMNTS

JULY 1, 2016

JPMorgan just launched its own version of a FinTech accelerator, but with a twist. That’s all part of JPMorgan’s Corporate and Investment Bank’s new strategy for a program called In-Residence , a FinTech startup-like lab designed to help young companies overcome industry challenges. trillion of securities.

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PYMNTS

JULY 1, 2020

By rapidly increasing our capacity to deliver trade finance, IFC and Citi can help businesses maintain their operations during the crisis and speed their recovery when the pandemic eases.”. The partnership has secured financing for 4,600 trade transactions through 185 banks in 48 emerging market countries.

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PYMNTS

JANUARY 19, 2021

Cannabis software and delivery firm Blackbird is working with FinTech AeroPay to bring cashless payments to the cannabis industry, a press release says. The payments made with AeroPay will then be funneled into a secure bank-to-bank transfers between patients and the businesses, the release says.

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PYMNTS

DECEMBER 18, 2018

This presents a unique challenge for accounting professionals, who must understand which technologies are available to help them embrace the role of advisor by automating tasks that don’t add value. . Accountants themselves, though, often struggle with technology adoption.

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PYMNTS

APRIL 2, 2019

Grupo Flor said that, in the first week of the trading desk’s operation, it facilitated “several million dollars’ worth of trades.” ” “We created a more efficient exchange for buyers and sellers by solving two critical problems,” the firm’s CEO Paul Henderson explained.

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PYMNTS

MAY 6, 2016

The startup may not operate in the fleet card space, but Haven’s B2B solution can certainly impact the bottom line. The company announced on Wednesday (May 4) that it secured $11 million for its freight procurement solution, which allows commodity traders across the globe to book freight and logistics services via an online portal.

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PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

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South State Correspondent

MARCH 21, 2023

The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. Our group of CPAs and processors have a proven practice and have been through due diligence for information/data security.

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PYMNTS

NOVEMBER 30, 2020

Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream. dollar, the present is far less encouraging, where efforts to streamline the spending process still loom large. Privacy And Security. You Can’t Spend It.

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Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The DEMOvation sessions will be presented on Tuesday, March 12 by our sister […]. Apply here.

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PYMNTS

MAY 12, 2017

B2B FinTech startups across the U.S., Fleet-based startups are few and far between, but OnTruck bucked the trend and secured a strong $10 million this week, reports said. Reports said the company secured Series B+ funding from Luxasia Group and Transcosmos Inc. Japan, though reports did not say how much Anchanto raised.

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PYMNTS

JULY 1, 2020

By rapidly increasing our capacity to deliver trade finance, IFC and Citi can help businesses maintain their operations during the crisis and speed their recovery when the pandemic eases.”. The partnership has secured financing for 4,600 trade transactions through 185 banks in 48 emerging market countries.

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PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Jumio said the offering can reduce operational costs by as much as 90 percent, eliminate in-person visits and paper costs, and simplify archival processes.

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Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. Customers expect simple, secure, fast and convenient shopping and payment experiences. There are 52 banking institutions which operate in Turkey.

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PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. A September to Remember.

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PYMNTS

NOVEMBER 21, 2017

For the first time, innovative and secure apps will provide personalized services and information to cover all financial needs in one place, and make it easy for people to find out what bank account is best for them.”. As the U.K. ’s entrepreneurs are struggling in today’s financial services climate. ’” said Gorst.

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PYMNTS

JULY 14, 2016

Reports on Wednesday (July 13) said Taylor has founded a company to provide financial institutions with a blockchain-based operating system. Dubbed Vault OS, the solution is geared towards banks that need to update their systems with secure technology, he said.

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PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. B2B Payments. Previse , based in the U.K.,

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PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. billion in funding as of April, although the virus’s spread was greatly impacting India’s FinTech space. Such entities in India were granted relief on Jan.

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PYMNTS

APRIL 21, 2020

For many AP teams, the paper check has presented immediate challenges with staff no longer able to step into the office to print and send checks (and no one on the accounts receivable end to accept them). This may be a watershed moment, where business will look at their operations through a completely different lens.”.

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PYMNTS

JUNE 26, 2020

More than 10,000 financial institutions (FIs) around the world are implementing or exploring open banking , an emerging trend in the financial industry that allows banks and FinTechs to freely share their data, encouraging collaboration and the development of new customer-facing services. Open Banking Prevents Data Exposure. In the U.K.,

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PYMNTS

JANUARY 17, 2020

With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. But the company wasn’t the only B2B FinTech to secure fresh funding. The company secured the new investment from Marchmont Ventures, according to Insider.co.uk

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PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. In the U.K.,

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PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. ” At present, the startup has 1,800 corporate customers averaging six new clients added each day. A press release issued Tuesday (Sept.

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PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. percent of card-present transactions within the nation were conducted via EMV card between July 2018 and June 2019.

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PYMNTS

NOVEMBER 16, 2020

It will be fully operational starting Monday (Nov. In order to transact through the system, users need to register "keys" with their bank or fintech. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails.

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