PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

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.

How To 245

How To Management Report Strategy 245

PYMNTS

JULY 19, 2018

Spend management ” is hardly the sexist buzzword in payments and commerce, but the practice is developing to a point where many of those headaches are being reduced — a process that can also lead to more revenue. Spend Management Change. First, while the meaning of “ spend management ” may seem clear, there is no harm in defining it.

Management 110

Management Maine Software Guidelines 110

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. Takeaway 2 Carefully considering a new customer's industry ensures it is a good fit for your risk appetite and helps better manage your customer relationship.

Analysis 195

Analysis Industry Risk Management Lending 195

PYMNTS

DECEMBER 15, 2020

The good news, however, is that two-thirds of firms are cognizant of these issues and are actively moving away from manual processes, planning instead to embrace new technological solutions to upgrade their accounts receivable (AR) processes for more efficiency, speed and lower fees. We also found that 44.4

Study 277

Study Payments Maine Technology 277

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex. The global smart fleet management industry was valued at $290.9 percent by 2025. percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JUNE 13, 2018

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced.

Management 124

Management Data Resources Taxes 124

PYMNTS

FEBRUARY 17, 2020

With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles. Across the Intelligence of Things (IoT) Space.

blockchain 249

blockchain Maine Security Data 249

Perficient

SEPTEMBER 18, 2020

This commissioned Forrester Consulting study includes the results from a survey of more than 200 supply chain professionals to gain insights on how intelligent order management and automated supply chains are being utilized throughout US companies. Curious About Our Findings? This leads to lost time, revenue, and customers.

Study 348

Study Management Maine Survey 348

PYMNTS

APRIL 14, 2017

It’s no surprise that in-store technology is increasingly a priority among brick-and-mortar retailers as a means to boost operations, meeting consumer demand and competing with the growth of Commerce’s market share (especially Amazon). To get a better sense of the priorities within the larger push toward digitization, U.K.-based

Maine 101

Maine Survey Retail Meeting 101

Abrigo

JANUARY 18, 2017

As anyone advising business owners knows, clients are often so busy with day-to-day operations and management that they find it tough to gain a big-picture view of certain financial aspects, such as cash flow. It’s especially helpful for businesses with multiple locations that have to forward checks to a main office. •

Technology 150

Technology Cards Software Payments 150

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables.

Data 303

Data Innovation Survey Management 303

PYMNTS

APRIL 13, 2020

Mark Aquilina was named the senior vice president of product and strategy of corporate payment solutions and will be in charge of product strategy and management for front-end applications and cloud-native processors. In addition, Dylan Jones will move from payments strategy operations leader to VP of operations.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

SEPTEMBER 3, 2020

Some QSRs’ already-thin operating margins have been stretched beyond the breaking point as budget-conscious consumers shy away from eating out, forcing the eateries to declare bankruptcy. This is leading to growing interest in technologies, such as artificial intelligence (AI), that can ease customers’ interactions with expanded online menus.

Management 130

Management System Millennials Study 130

PYMNTS

DECEMBER 30, 2020

There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. To cap off a year in which business travel plummeted, travel and expense management software company Navisteps raised $1 million in pre-seed funding , reports said. Italy's Deliveristo secured a $5.51

Capital 211

Capital Management Operations Security 211

Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. Fiserv’s main focus will be to position Finxact toward the broader “banking as a platform” tech market. Response From The Other Two Big 3 Players.

Financial Technology 149

Financial Technology Technology Fintech Community 149

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. For example in Argentina it was the first P2P lender to operate with the approval of the regulator, under a trust structure where Afluenta administers the trust and the money is out of its estate.

Maine 100

Maine Lending Regulation Risk Management 100

Gonzobanker

APRIL 25, 2024

DoRight, Calvin’s son and present-day CEO, realized that the bank’s growth across counties, states and lines of business had made managing relationships much more involved than the ol’ nod to a customer on Main Street in the morning, an approach that had always worked well for his father. Thomas proclaimed. Or so they thought.

System 148

System Training Community Bank Management 148

PYMNTS

APRIL 23, 2019

Too often, however, the reconciliation becomes an afterthought in the spend management process, and can be even more difficult for a company’s accounting department to address if paper receipts get lost. Those headaches could become a thing of the past, as new solutions integrate spend management solutions directly into company operations.

Management 100

Management Cards Tools Resources 100

PYMNTS

DECEMBER 19, 2018

While quick-service restaurant (QSR) managers and customers might view the same menu, they might not always be on the same page when it comes to technology and innovation. Mobile app technology highlights the differences in attitudes between QSRs and customers. About The Restaurant Readiness Index.

Innovation 123

Innovation Management America Customer Experience 123

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

JANUARY 12, 2020

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ) reported on Saturday (Jan. We need to be a technology company,” Charles Scharf, CEO, said in his first meeting with employees after taking the job in October, the WSJ said. .

System 147

System Regulation Resources Meeting 147

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

FICO

APRIL 6, 2023

This project highlights how FICO Xpress Optimization technology can be used in critical systems, impacting millions of people.” The TERRE market platform replaces a fragmented process, mainly managed at the national level, which was composed of several local mostly non-optimized sub-systems. The availability level must remain above 99.9

Management 52

Management System social media Marketing 52

PYMNTS

MAY 19, 2020

Electronic payments processing is becoming “increasingly critical” for Ontario Systems’ customers, which mandated the acquisition of SwervePay acquisition, a payment facilitator in the accounts receivable management and healthcare industries.

System 239

System Payments Taxes Software 239

PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? AI is poised to make a profound impact on the banking sector,” Ariff Kassam , chief technology officer at NuoDB, told PYMNTS. It’s true, but not for long.

System 268

System Digital Banking Tools User Experience 268

PYMNTS

SEPTEMBER 18, 2020

Digital payments — and specifically, card-not-present transactions — may be convenient for consumers, but can impact the very operations of the retailers serving them. As a result, Visa and PYMNTS found that 76 percent of the surveyed Main Street businesses reported having cash flow shortages.

Online 354

Online Survey Maine Study 354

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal. Robot Efforts. The company applied to the U.S.

Innovation 243

Innovation Seattle California United States 243

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. New guidelines from the FCA that call for operational resilience in collections reinforce this point. For too long.

Meeting 52

Meeting Operations Customer Experience Technology 52

PYMNTS

AUGUST 21, 2020

His replacement as CEO of worldwide consumer will be David Clark, now senior vice president of worldwide operations. Wilke said in his note he does not have a job lined up and for now will focus on managing Amazon through the busy holiday season. the North Carolina-based technology and manufacturing company.

North Carolina 171

North Carolina Operations Maine Report 171

PYMNTS

JANUARY 28, 2020

Virtual cards allow AP departments better control over expenses and cash flow, improve operational efficiencies and guard against card fraud. The bank is using Bottomline’s Digital Banking IQ relationship management and insights platform to better customize and leverage its relationship with each customer. About The Tracker.

Cards 143

Cards New Jersey Texas System 143

PYMNTS

DECEMBER 18, 2020

PYMNTS' research confirms that firms turning to automation technologies to help with AR functions such as cash application, payment acceptance, collections, customer credit checks and reconciliation during the pandemic are finding themselves in a better position to more easily adapt to changing market dynamics,” per the new Playbook.

Study 190

Study Innovation Payments Technology 190

PYMNTS

MAY 2, 2018

But mall owners and operators are occupied with a different focus: what to do with closing anchor tenants that once filled valuable space in their malls. While mall owners and operators face their share of challenges, Simon Property Group’s revenues clocked in at $1.4 Buoyed by strong consumer spending and its resilience in the U.S.

Retail 101

Retail Technology South Carolina Honolulu 101

FluentBanking

JUNE 17, 2020

However, this feat of providing a comprehensive range of solutions to its millions of customers would not be possible without our diversified business model and unmatched network of 187 Branches, 425 ATMs, 456 SME Unit Offices, 11 Regional Operations Office, more than 300 Agent Banking Outlets and 521 remittance delivery points.

Management 52

Management Training ATM System 52

PYMNTS

JANUARY 3, 2019

Mobile payment and commerce apps, order-ahead technology, and food delivery services like Uber Eats and Grubhub have, indeed, led to the shipment of hamburgers, and the spread of other digital retail features throughout the world of QSR. percent of QSR managers had confidence in QSR apps, in contrast to 90.9 Additionally, only 62.5

Fraud 192

Fraud Operations Retail Online 192

PYMNTS

JANUARY 9, 2020

Mint is the second-largest company handling pay distribution and management for under- or unbanked UAE workers. Edenred’s operations focused mainly on Dubai. In May, Edenred partnered with Mastercard to launch a biometric card technology test in Mexico.

Cards 131

Cards Leadership ATM Maine 131

PYMNTS

MARCH 20, 2020

The coronavirus pandemic — and the resulting push for consumers to stay home and practice social distancing — has prompted many restaurants to halt table service and put new focus on eateries’ abilities to manage and fulfill delivery orders. Bamboo Asia Develops Inventory Management System To Coordinate Restaurant Supplies.

Software 174

Software New York City Ohio Management 174