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Community Banks Accelerate FinTech Integrations

PYMNTS

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Faster Payments scheme. People’s United Bank Links With FIS, MineralTree.

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Wholesale Change In Invoicing And Payables

PYMNTS

Better efficiencies drive better cash flow management, and better cash flow management is a function of better handling of invoices coming in for payment and going out to be paid. Another firm, Phoenix Fire, which focuses on building business partnerships, helped cement the relationship between ADS and Basware.

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Building Vendor Trust With Virtual Cards

PYMNTS

PYMNTS recently spoke with Karin Rush, DPR’s leader of shared services, and Linnet Phoenix, head of corporate AP, to better understand how virtual and purchasing cards can build efficiencies in the construction market. Virtual cards move payments quickly,” Phoenix said. “We Checks take longer to reach vendors,” Phoenix said.

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New Alphabet Boss To Scrutinize High-Tech Ventures?

PYMNTS

It’s not uncommon for new management at a company, upon taking the corner office, to take a look at what he or she has been left. Those would include the self-driving cars, the drone business and the various “smart” technologies. These efforts are grouped inside the unit known as “Other Bets,” which had an operating loss of $3.4

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UPS Invests In Autonomous Driving Firm TuSimple

PYMNTS

Reuters is reporting that the world’s biggest package delivery company has a venture capital arm called UPS Ventures, and that the announcement underscores how much easier it is to develop self-driving technology for freight trucks rather than passenger cars. But the technology has a ton of implications today.”.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Amazon Launches Alexa Skills Workshops For Small Developers

PYMNTS

Amazon is partnering with Galvanize — a 21st-century school for entrepreneurs, engineers, and data scientists — to offer Alexa Skills development workshops that will teach small developers and startups how to build skills for Amazon Alexa, the operating system for smart speaker Echo.