Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. Investments Afresh Technologies funding grocery News What's Hot

Cancel Culture: Technology Makes Managing Subscriptions Easy For Consumers and Banks

PYMNTS

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.

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Rho Technologies Unveils Corporate Card

PYMNTS

Fintech Rho Technologies announced on Thursday (May 13) by a press release emailed to PYMNTS that it is launching the Rho Card. Rho said it is the first bank-issued corporate card that lets companies manage cash back, credit terms, spend control and policies, “all on their own terms.”.

Deploying Spend Management Technology To Rebuild After Disaster Strikes

PYMNTS

The time and effort lost manually filling in information, sorting through receipts and documents to track down missing details and ensuring each claimed item falls within companies’ standards stresses workers as well as the expense managers who must check each field.

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

The Connected Future Of Kitchen Technology

PYMNTS

As kitchen technology rapidly evolves, with automated solutions entering the mainstream, remaining at the forefront of restaurant innovation will require more than just individual automated devices. As kitchen technology company Welbilt CEO William C.

Emerging Technologies, Services Drive Payment Rail Innovation

PYMNTS

To that end, a FinTech is enabling intelligent routing of transfers through existing rails, while a financial services provider to credit unions (CUs) is offering funding management services to facilitate real-time payments. Corporate One Funding Management Goes Live For CUs Using RTP Network.

Sofi, Quovo Show Off New Wealth Management API

Bank Innovation

A quick, seamless API for wealth management customer authentication and data aggregation may not fix all of SoFi’s problems, but it certainly helps. The alternative lender demoed its new Authentication API, built in partnership with Quovo, a financial data aggregator for wealth management, at the FinDEVr conference today.

Cards Take The Lead In Employee Spend Management

PYMNTS

This week's examination of commercial card innovation is all about managing employee spend. The companies said their collaboration will facilitate the ability for TripActions to use Visa's existing services and technology.

How Mobile Technology Can Help Divorced Parents Manage Financial Obligations

PYMNTS

Faster Payments childcare divorce expense management Family Plan faster payments faster payments tracker Fiserv mobile app News P2P paymentsChildren and childcare expenses can often force divorced parents to stay in communication with each other when would rather not, sometimes resulting in uncomfortable exchanges and disputes over who owes what. The complications involved in tallying and balancing receipts add yet another tense layer to the dissolution of a marriage.

Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

Is Subscription Management the Bridge between Insight and Action?

Bank Innovation

It’s time to move beyond merely presenting data and toward helping customers take informed action on their finances with that data, according to Jonas Karles, co-founder and COO of Minna Technologies, a PFM provider for subscription and recurring payment management. Open Banking Payments Premium Retail Sales & Marketing Startups Wealth Management APIs Danske Bank ING Minna Technologies OP Bank PFM Swedbank Swedish fintech Yolt

Mastercard Augments Cards With Emburse Spend Management

PYMNTS

Emburse is teaming with Mastercard to equip card-issuing financial institutions (FIs) with detailed spend management features. The news comes as Emburse has bought DVI (Data Visualization Intelligence) to expand its expense management analytics functionalities for companies.

Mitek Systems Rejects Offer From Elliott Management, ASG Technologies

PYMNTS

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company. Reuters noted that last year ASG received an investment from Evergreen Coast Capital, the private equity arm of activist hedge fund Elliott Management. It also wants to increase the development of Mitek’s technology that helps banks verify the identities of customers.

System 125

Avidia, KyckGlobal Team On B2B Treasury Management

PYMNTS

Avidia Bank is partnering with KyckGlobal , which will help boost its portfolio of treasury management products and services, a press release said on Wednesday (April 12). B2B Payments APIs Avidia Bank B2B KyckGlobal News treasury management What's Hot In B2B

How Open Banking Guides LATAM's Spend Management FinTech

PYMNTS

While the region may not be top of mind when it comes to world leaders in financial technology, startups from Mexico to Chile are driving payments digitization, financial management automation and the emergence of new paradigms in the market, like open banking.

Airports Expand Range Of Digital Identity Technology

PYMNTS

Now, CLEAR's touchless technology is able to connect identity to health insights to help people feel confident walking back into the office.". Among the segments affected by the pandemic, air travel remains near the top of the list when it comes to industries that have been hard hit.

A new era of technology enabled financial risk management (Part 1)

Insights on Business

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise. Each technology is at the start of an enormous adoption growth curve, and has been the subject of intense discussion. Risk management professionals are comfortable with ideas about growth curves and early versus late investment.

Beroe Integrates With Corcentric For Supplier Risk Management

PYMNTS

has integrated with spend and revenue management tech firm Corcentric to equip procurement workforces with risk and compliance offerings, according to a Wednesday (April 28) announcement. B2B Payments B2B Beroe Corcentric News risk management supply chain management What's Hot In B2B

Technology, Travel Sectors Discovering Upsides Of ‘Smart Receivables’ Strategy

PYMNTS

Enabling accounting teams to manage numerous vendors across regions with one-click efficiency is the dream of treasurers at every tech company. Just 25 percent of technology firms view these operations as ‘very’ or ‘extremely’ effective — a lower portion of firms than in other sectors.

Spend Management Boosts The Commercial Card Value Prop

PYMNTS

This week’s Commercial Card Innovation Tracker finds employee spend and expense management a key focus of added functionality. Airbase Widens Spend Management Platform Functionality.

Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives.

How Schools Can Ace Employee Spend Management

PYMNTS

But the spend management needs of the education system cannot entirely be met by a single solution that provides visibility into capital expenditure. B2B Payments B2B ClassWallet Education expense management MaintenenceWallet News TeacherWallet

Contact-Free Technology Defines Post-Pandemic Future Of Restaurants

PYMNTS

The report also notes that consumers have already expressed a preference for contactless mobile in-restaurant technologies. Restaurant innovation Contactless News Restaurants TechnologyAs the vaccine rollout progresses, with all U.S.

Oiling The Many Moving Parts Of Cash Flow Management

PYMNTS

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.

FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks.

Managing Loan Workouts: 10 Lender Action Items

Abrigo

Key Takeaways Managing a large volume of loan workouts is the next challenge facing many financial institutions. Managing loan workouts requires tackling numerous process-related decisions concerning selecting, analyzing, and tracking loans. Credit Risk Management.

EedenBull Teams With NAB On SMB Spend Management

PYMNTS

EedenBull , which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users access EedenBull’s payment and spend platform, according to a report from Finacial IT.

Banks Need to Shift Mobile Focus to ‘Money Management’

Bank Innovation

This is a fact that does not surprise most in banking, many of whom believe the industry’s focus on “money movement” as opposed to “money management” is hurting engagement levels. Exclusive Mobile Online Social Media Technology LinkedIn Mobile banking money management money movement money transfer P2P P2P paymentsThe majority of people use their mobile banking apps to check their balance.

Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one.

Putting Employees At Center Of Business Spend Management

PYMNTS

As TripActions Liquid General Manager Michael Sindicich said in a conversation with Karen Webster and Visa Senior Vice President and Global Head of FinTech Terry Angelos , business travel appears to be coming back. And therefore, it eliminates expense management.

J.P. Morgan: Tech Uncovers New Liquidity Management Opportunities

PYMNTS

In pursuit of instant cash management and visibility, treasurers' modernization efforts have been underway for some time, with the global coronavirus crisis greatly accelerating those initiatives as liquidity management has become even more vital to the enterprise's overall health.

Rho Technologies Raises $15 Million For AP Integration

PYMNTS

Rho Technologies , the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. B2B Payments accounts payable B2B banking funding Investments News Rho Technologies What's Hot In B2B

A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside.

Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

The trouble is that many decision-makers are unsure of which of these countless innovations are right for their firms’ unique circumstances, facing mounting pressure to find technologies that can go the farthest in easing their payment pains.