PYMNTS

MAY 11, 2018

Innovation implies a break from the conventional ways of operating a business. Ultimately, innovation is oxygen for companies in almost any vertical, as competition demands new products and services, improving customer experiences in unexpected ways. Some companies view risk management and compliance as roadblocks to innovation.

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Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. To be able to get access to first-party data and use it strategically is probably the next big opportunity for banks,” says Eric Cook, chief digital strategist at digital marketing agency WSI Digital in Prudenville, Mich.

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Perficient

FEBRUARY 11, 2021

AI is programmed intelligent software or hardware that can learn and solve problems and has forecasted growth of 54% this year in the software market worldwide. It continues to be adopted across various industry and technology verticals – including product information management (PIM). Akeneo introduced Akeneo PIM 3.0

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PYMNTS

DECEMBER 9, 2020

It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. Technology today can automate a range of workflows surrounding a B2B payment, including invoicing, payment term management and payment processing.

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PYMNTS

NOVEMBER 11, 2020

Deutsche Bank has opened a new cash management business in Australia, which will add to its global portfolio, according to a press release. Deutsche Bank now operates a global network of cash management services in 35 locations with 14 in the Asia Pacific, the release stated.

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Management National Payments Innovation 153

Bobsguide

MARCH 30, 2022

IT leader brings extensive payments and project management experience to multibanking firm. the global leader in multibank connectivity and communications, has announced the hire of Bernhard Kaiser as the firm’s new Chief Information Officer. Fides Treasury Services Ltd. ,

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PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. But this use case can easily be applied to other industries, too.

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PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Finaxar Teams With Visa On SMB Spend Management.

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Bobsguide

MAY 11, 2022

London, UK – May 4, 2022 – Today Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. For further information, visit: Finastra Managed Service Solution | Finastra. Global Head of PR. T +44 (0)7917 613586.

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Insights on Business

NOVEMBER 16, 2016

Most people who know the name Branch Rickey know him as the president and general manager of the Brooklyn Dodgers who played a key role in helping Jackie Robinson break the Major League Baseball color barrier in 1947. In fact, design is central to our mission of helping wealth management firms innovate in an era of digital disruption.

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PYMNTS

OCTOBER 16, 2020

A managed security services provider h as also con cluded a $53 million Series B round to help accelerate research and development of its cloud security technology, among other uses. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

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PYMNTS

NOVEMBER 12, 2020

The use of physical checks for payment, for example, remains prevalent in markets like India, Thailand and Malaysia, and the movement restrictions during the pandemic meant “there was a crisis for our clients in terms of being able to collect payments,” said Kanthadai.

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PYMNTS

JUNE 3, 2019

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. Some CUs are much more likely to pursue innovations than others. For example, 91.7

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PYMNTS

JANUARY 26, 2021

The partnership aims to create a secondary credit market that is transparent and efficient and makes it easy to manage credit and digitally store documents, loan history and due diligence activities, preventing “information asymmetry risks,” the release stated. Diokno, Philippines’ Central Bank (BSP) governor in the release.

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PYMNTS

AUGUST 16, 2018

The company offers credit management software that helps companies with the debt collection process. It is a very good test market,” Drappa said. The market being small, you can test your product on different population[s] with reduced marketing fees.” .” FinTech firm recovr is among the startups based in Belgium.

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PYMNTS

JULY 15, 2020

Though having a choice in financing products is vital for small and medium-sized businesses to manage their cash flow, not all tools are the right fit for every business. “We’re in the business of cash flow management ,” noted McDonald. A Digitization Push.

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PYMNTS

NOVEMBER 19, 2020

This shift has prompted many eateries to rely on emerging tools like artificial intelligence (AI) to better manage various aspects of their operations as consumers transact remotely. I’m very excited about what AI can do for restaurants, and we are looking at how it fits with Boston Market right now,” he said. “I

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PYMNTS

OCTOBER 3, 2020

Customer service should be fit for a king," Burger King exclaimed in a video about the guerilla-marketing campaign. Daniel Schröder, marketing director at Burger King Sweden and Denmark, told Adweek that the new social media push grew out of an effort to fix the chain’s own online communications with guests. Even our old friends.".

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PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. The Challenges Of Multi-Channel Payment Innovation. For many firms, with legacy infrastructure that has been in place for decades, scale becomes difficult.

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PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. In severe cases, banks might have to take the drastic measure of closing accounts altogether.

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PYMNTS

DECEMBER 30, 2019

This does not mean businesses are disinterested in newer payment innovations, however. AP professionals’ payments innovation fervor does not seem to be translating into the broader B2B ecosystem despite such interest. Paper checks remain the primary method through which U.S. Recent PYMNTS research finds that 46.4

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Perficient

SEPTEMBER 21, 2023

The ability for intelligence automation tools to be able to quickly and accurately grab the most relevant and accurate information regarding a customer’s inquiry, sales deal, or more is based on many data-readiness factors. Data completeness – Various data sources typically exist within an organization.

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Bobsguide

MAY 25, 2022

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service. About Finastra.

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PYMNTS

JANUARY 27, 2021

Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. While subscription management is an issue for consumers, it’s also an issue for banks because there’s a risk that extra money can be taken from the bank account as the data ties are cut between the merchant and customer. “But

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Accenture

JULY 23, 2019

Faced with advancing digitisation, rising cost pressures and increasing customer expectations, many banks serving small- and medium-sized enterprises (SMEs) are looking to transform to a new relationship management model: one that blends the efficiency and convenience of digital offerings with the “human touch” that many SME customers still crave.

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PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). In other words, PepsiCo Inc.

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PYMNTS

AUGUST 31, 2020

The investment from Dignari Capital will work to expand access to different funding channels, including credit funds and help with risk management, the release stated. Income from information technology jobs also increased, with a 12-fold jump from the previous year.

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PYMNTS

APRIL 6, 2018

insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. Through insurance mandates, providers’ directories must be updated with that demographic information, but inaccuracies and inefficiencies abound. The blockchain is making inroads into healthcare.

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Perficient

JUNE 1, 2023

As the financial services industry continues to evolve, companies are looking for ways to stay ahead of the competition and increase their market share. Generated output takes into account everything from brand voice and word and character length to fact verification, and includes up-to-date information.

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FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Proactive Risk-Aware Management is Everything When it Comes to Retention. FICO Admin. Tue, 07/02/2019 - 02:45. by Tim Young.

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Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

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PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. The other is technological innovation. managing director at Melissa, told PYMNTS.

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PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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PYMNTS

OCTOBER 29, 2019

The real estate industry is a popular target for FinTech innovators, particularly when it comes to new services and products that target renters and homeowners. The opportunities of real estate FinTech are vast, and innovation is far from slowing down, according to Ian M. Back-Office Innovation.

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PYMNTS

MARCH 1, 2017

To succeed in retail (and retail marketing), merchants and advertisers need to keep up with what shoppers want, how they buy, and where. Sourcing, managing and making sense of all that consumer data, however, can prove challenging for many businesses. You need to be able to market with relevance,” Hale said.

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PYMNTS

JULY 4, 2018

Innovation is spurred only by viewing possibilities through new lenses, by making sense of what is past and present, and imagining what might lie ahead. High satisfaction rates, to the tune of 81 percent, come in tandem with innovations such as shared branching, in which ATMs and services are universal across the network.

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Payments Cards Survey Innovation 100

PYMNTS

FEBRUARY 15, 2019

The CloudTrade platform automatically extracts the necessary data and integrates the information into an existing transportation management system, payment platform and other back-office portals. Invoices are tax- and VAT -compliant, the company noted.

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