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Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. Now, a shift is under way in FIs’ operational units as the conversation turns to transforming legacy banks into “smarter banks.”. MORE
Add “lobby and visitor management” to the list of tech industries that have seen a spike in demand as companies contend with an ever-changing list of COVID-19-era requirements needed to safely and swiftly move people and packages in and out of their businesses. MORE
In today’s top news in digital-first banking, Wells Fargo announced that it has made a deal to sell its asset management business for $2.1 Wells Fargo To Sell Asset Management Business For $2.1 MORE
To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. “It’s And lastly, it will be critical to continue to innovate in a way that is still safe and secure. MORE
The companies signed an agreement this morning, giving customers the option to authorize Chase to electronically share financial data securely with Intuit’s financial management applications, such as Mint, TurboTax Online and QuickBooks Online. Corporate Innovations Mobile Operations PFM Retail Security Technology Chase Intuit MintChase and Intuit may have just solved the main issues with account aggregators. MORE
Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Automating Capital Management. MORE
On top of that, there is increased profitability and potential operational savings in terms of offering higher credit limits, new products and new product designs. Artificial Intelligence artificial intelligence banking Brighterion credit Featured News News pymnts tv risk management video MORE
Managing financial data across a vast array of platforms, including accounts payable, accounts receivable, accounting and ERP systems, creates a challenging environment in which to understand cash positions and forecast cash inflows and outflows. MORE
Citi is now using distributed ledger technology to manage collateral and send cash and securities in a single click, Citi announced last week. The financial services organization will be using the “blockchain-inspired software,” as it is termed in a statement released December 15, to help reduce the cost of its back office operations, and for […]. MORE
Payments heavyweight Mastercard and longtime expense management player SAP Concur are jointly offering an expense and payments management package to companies operating in the Asia-Pacific (APAC) region, the two firms announced in a press release. MORE
The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential threats they may present to the enterprise — the risks reach far beyond IT-related problems. MORE
Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. MORE
Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According to a report in Reuters , insurers have said they can protect lenders by giving them more expertise on financial and operational risks. In one instance in which that wasn’t the case, Credit Suisse last year sold a bond that was tied to the operational risk of the bank. MORE
– Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Capital Cards Commerce Compliance E-Commerce Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Social Media Startups Technology Twitter Wealth Management Wearables Finovate fintech startupsSAN JOSE, Calif. MORE
Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). We are committed to developing innovative, industry-leading technology that delivers practical supply chain intelligence solutions,” the firm’s vice president and general manager Clay Courville said in a statement. MORE
Rasmusson and her husband, Paul, believed that 24/7 accessibility was important to providing a convenient, automated service, but they were unable to manage or afford staffing the store around the clock. The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We Designing For Security And Remote Management . The market’s security system and video cameras further help identify potential shoplifters or other issues. MORE
To that end, Mark Luber , chief product officer at Equifax , told Karen Webster that in an increasingly digital world, lenders being targeted by fraudsters need better methods of identifying security gaps — before the bad actors breach their defenses. MORE
The solution will work to reduce costs for treasurers managing cash and foreign exchange, according to the release, putting Hazeltree’s treasury management, security and payment workflow solutions with Goldman’s tech-forward solutions. MORE
He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard. MORE
After countless data breaches and hacker attempts on their personal data, consumers are pretty well fed-up with the problem and have taken on a zero-tolerance stance, the recent PYMNTS and NuData Securing eCommerce study said. Smoothing Out The Secure eCommerce Journey . MORE
16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company. companies rely on Skyward to manage drone operations, improve safety and lower operating costs. MORE
South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. The filings also indicated that interest income would be spread across operating segments. MORE
Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation. MORE
A reasonable standard, explained Solis, is based on a number of factors, such as the volumes and types of transactions and the vertical in which the business operates. Faster Payments ACH faster payments Featured News fraud GIACT KYC NACHA News Security MORE
Unfortunately, these devices are a challenge to secure, and hackers have taken note. Tshuva even goes so far as to say that hacking concerns due to security flaws have held innovation back. Security Before Connectivity. MORE
How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage. MORE
Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based According to the report , which cites Vincent Sritapan, a program manager at the Department of Homeland Security’ s Science and Technology Directorate, the flaws enables users “to escalate privileges and take over the device.” Researchers are expected to announce more details about the security flaw later this week. MORE
Corporate travel manager CWT paid $4.5 According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019. Security & Fraud Bitcoin CWT fraud Hackers hacking News ransom Security travel travel management What's Hot MORE
Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services. For any new FinTech company, securing a deal with a financial giant is good news. The seed of FinTech innovation often comes from a desire to do things differently. MORE
Sheldon Freedman will return next week with the last of his 4-parter on Security Tokens. What do entrepreneurs and investors want and how do their needs offer a To Do List to Security Token platform operators? Security Tokens can tokenise just about any asset. To Do List for Security Token platform operators. These are the 5 things that Investors want from a good Security Token platform. What entrepreneurs want from a Security Token platform. MORE
Respond Software announced that it has closed a $20 million Series B funding round, led by ClearSky Security, with participation from previous investors CRV and Foundation Capital. The company, which develops Robotic Decision Automation (RDA) software for security operations, will use the funds to boost operations, and expand customer success teams across the globe. “We Investments expansion funding investments News Respond Software Security software What's Hot MORE
Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers. MORE
The Corporate Cash Management Playbook provides a roadmap illustrating how banks and their technology partners can leverage cloud technologies, application programming interfaces (APIs) and microservices to get a firm grip on cash management and liquidity. MORE
“This report looks to identify and unpick the challenges, and opportunities, that companies are facing today as they manage risk and enhance their corporate value,” he said in a statement announcing the report. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.” One-third of companies acknowledge their data security practices are sub-par. MORE
Operation BLACKHAT. He conducts a meeting with his security group, “WHITEHAT” to proceed with the investigation. He has hired other gang members for this operation. The blackhat hired him to research the security gaps to avoid any faults in this plan and report the same. MORE
Gonzobanker
MARCH 6, 2020
Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. Now, a shift is under way in FIs’ operational units as the conversation turns to transforming legacy banks into “smarter banks.”.
PYMNTS
JULY 31, 2020
Corporate travel manager CWT paid $4.5 According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019. Security & Fraud Bitcoin CWT fraud Hackers hacking News ransom Security travel travel management What's Hot
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PYMNTS
JANUARY 11, 2021
Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported.
PYMNTS
JANUARY 26, 2021
Add “lobby and visitor management” to the list of tech industries that have seen a spike in demand as companies contend with an ever-changing list of COVID-19-era requirements needed to safely and swiftly move people and packages in and out of their businesses.
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Daily Fintech
NOVEMBER 17, 2018
Sheldon Freedman will return next week with the last of his 4-parter on Security Tokens. What do entrepreneurs and investors want and how do their needs offer a To Do List to Security Token platform operators? Security Tokens can tokenise just about any asset. To Do List for Security Token platform operators. These are the 5 things that Investors want from a good Security Token platform. What entrepreneurs want from a Security Token platform.
PYMNTS
MAY 4, 2020
He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.
Perficient
JUNE 22, 2020
Operation BLACKHAT. He conducts a meeting with his security group, “WHITEHAT” to proceed with the investigation. He has hired other gang members for this operation. The blackhat hired him to research the security gaps to avoid any faults in this plan and report the same.
PYMNTS
JUNE 22, 2020
How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage.
PYMNTS
JANUARY 8, 2021
To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. “It’s And lastly, it will be critical to continue to innovate in a way that is still safe and secure.
PYMNTS
JUNE 23, 2021
After countless data breaches and hacker attempts on their personal data, consumers are pretty well fed-up with the problem and have taken on a zero-tolerance stance, the recent PYMNTS and NuData Securing eCommerce study said. Smoothing Out The Secure eCommerce Journey .
|
PYMNTS
FEBRUARY 23, 2021
In today’s top news in digital-first banking, Wells Fargo announced that it has made a deal to sell its asset management business for $2.1 Wells Fargo To Sell Asset Management Business For $2.1
PYMNTS
FEBRUARY 7, 2021
Payments heavyweight Mastercard and longtime expense management player SAP Concur are jointly offering an expense and payments management package to companies operating in the Asia-Pacific (APAC) region, the two firms announced in a press release.
PYMNTS
DECEMBER 14, 2020
Managing financial data across a vast array of platforms, including accounts payable, accounts receivable, accounting and ERP systems, creates a challenging environment in which to understand cash positions and forecast cash inflows and outflows.
PYMNTS
JULY 22, 2021
To that end, Mark Luber , chief product officer at Equifax , told Karen Webster that in an increasingly digital world, lenders being targeted by fraudsters need better methods of identifying security gaps — before the bad actors breach their defenses.
PYMNTS
JUNE 2, 2021
The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential threats they may present to the enterprise — the risks reach far beyond IT-related problems.
PYMNTS
APRIL 28, 2021
Unfortunately, these devices are a challenge to secure, and hackers have taken note. Tshuva even goes so far as to say that hacking concerns due to security flaws have held innovation back. Security Before Connectivity.
PYMNTS
FEBRUARY 17, 2017
16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company. companies rely on Skyward to manage drone operations, improve safety and lower operating costs.
PYMNTS
APRIL 23, 2018
Logistics company Supplylogix has reportedly secured a patent pertaining to inventory management technology, reports in Citizen Tribune said Friday (April 20). We are committed to developing innovative, industry-leading technology that delivers practical supply chain intelligence solutions,” the firm’s vice president and general manager Clay Courville said in a statement.
PYMNTS
JULY 31, 2020
Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers.
PYMNTS
APRIL 22, 2019
Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.
PYMNTS
JUNE 17, 2021
On top of that, there is increased profitability and potential operational savings in terms of offering higher credit limits, new products and new product designs. Artificial Intelligence artificial intelligence banking Brighterion credit Featured News News pymnts tv risk management video
PYMNTS
MAY 13, 2021
A reasonable standard, explained Solis, is based on a number of factors, such as the volumes and types of transactions and the vertical in which the business operates. Faster Payments ACH faster payments Featured News fraud GIACT KYC NACHA News Security
PYMNTS
JUNE 27, 2019
Rasmusson and her husband, Paul, believed that 24/7 accessibility was important to providing a convenient, automated service, but they were unable to manage or afford staffing the store around the clock. The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We Designing For Security And Remote Management . The market’s security system and video cameras further help identify potential shoplifters or other issues.
Bank Innovation
DECEMBER 18, 2017
Citi is now using distributed ledger technology to manage collateral and send cash and securities in a single click, Citi announced last week. The financial services organization will be using the “blockchain-inspired software,” as it is termed in a statement released December 15, to help reduce the cost of its back office operations, and for […].
PYMNTS
AUGUST 31, 2017
Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According to a report in Reuters , insurers have said they can protect lenders by giving them more expertise on financial and operational risks. In one instance in which that wasn’t the case, Credit Suisse last year sold a bond that was tied to the operational risk of the bank.
PYMNTS
JANUARY 20, 2020
South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. The filings also indicated that interest income would be spread across operating segments.
Bank Innovation
MAY 12, 2016
– Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Capital Cards Commerce Compliance E-Commerce Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Social Media Startups Technology Twitter Wealth Management Wearables Finovate fintech startupsSAN JOSE, Calif.
PYMNTS
MAY 15, 2019
Respond Software announced that it has closed a $20 million Series B funding round, led by ClearSky Security, with participation from previous investors CRV and Foundation Capital. The company, which develops Robotic Decision Automation (RDA) software for security operations, will use the funds to boost operations, and expand customer success teams across the globe. “We Investments expansion funding investments News Respond Software Security software What's Hot
PYMNTS
MARCH 2, 2021
The solution will work to reduce costs for treasurers managing cash and foreign exchange, according to the release, putting Hazeltree’s treasury management, security and payment workflow solutions with Goldman’s tech-forward solutions.
PYMNTS
AUGUST 8, 2018
Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based According to the report , which cites Vincent Sritapan, a program manager at the Department of Homeland Security’ s Science and Technology Directorate, the flaws enables users “to escalate privileges and take over the device.” Researchers are expected to announce more details about the security flaw later this week.
PYMNTS
NOVEMBER 4, 2016
Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services. For any new FinTech company, securing a deal with a financial giant is good news. The seed of FinTech innovation often comes from a desire to do things differently.
PYMNTS
JANUARY 28, 2019
“This report looks to identify and unpick the challenges, and opportunities, that companies are facing today as they manage risk and enhance their corporate value,” he said in a statement announcing the report. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.” One-third of companies acknowledge their data security practices are sub-par.
PYMNTS
APRIL 2, 2021
The Corporate Cash Management Playbook provides a roadmap illustrating how banks and their technology partners can leverage cloud technologies, application programming interfaces (APIs) and microservices to get a firm grip on cash management and liquidity.
PYMNTS
NOVEMBER 10, 2020
Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Automating Capital Management.
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