article thumbnail

Paymerang Debuts Invoice Solution For Better AP Accuracy

PYMNTS

Chanda said the new solution would be a boost for companies looking to become "more efficient, secure and profitable," according to the release. The company recently debuted the new service at the Collegiate School in Richmond, Virginia. He said the increased volatility caused by the pandemic has created more difficulty.

Virginia 281
article thumbnail

Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Contingency plans pay off for some FIs during pandemic 

Bank Innovation

Virginia-based Pentagon Federal Credit Union, for one, was already more than one year into forming its contingency plan to facilitate employees to work from home by the time COVID-19 hit the U.S.

Virginia 259
article thumbnail

Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. RTP Gains Community Bank Traction.

Fraud 266
article thumbnail

Viettel Will Debut Commercial 5G Services

PYMNTS

On the security side, Vietnam has its own concerns because there have been hacking attacks, and there’s U.S. Richard Burr from North Carolina and Mark Warner from Virginia have put forward a bill to push back against the dominance of China in 5G by offering to subsidize firms in the U.S. that are working on the innovation.

article thumbnail

Digital Privacy, Security Issues Take Spotlight At Congressional Hearings

PYMNTS

The move comes amid increasing global focus on matters related to online privacy and data security — and as the idea of regulating social media is gaining currency. Mark Warner, Democrat from Virginia. Data Security. Top executives from Twitter and Facebook sought to reassure U.S. lawmakers on Wednesday (Sept.

article thumbnail

Rakuten’s 5G Launch Postponed By Three Months

PYMNTS

On Wednesday (May 13), PYMNTS reported that Rakuten plans to acquire InnoEye, an engineering technology company based in Virginia. InnoEye CEO Rajeev Gupta said the deal will allow them to contribute to an industry movement and create an “innovative, cloud-based communication platform that is open, scalable and secure.”.

Virginia 132