The Fintech Times

JUNE 20, 2024

“With this new securitisation, we’re poised to triple sales volumes and achieve significant capital efficiencies as we continue to drive billions in commerce to our retail network and, in turn, hundreds of millions in savings and subsidies to our customer base.

Product 58

Product Agreements Finance Payment Networks 58

Segpay

MAY 1, 2024

The European Commission first proposed the Digital Operational Resilience Act (DORA) in Autumn 2020. The Act aims to ensure digital services’ continuity, security, and stability, particularly in critical sectors such as finance, by addressing various operational risks, such as cyber threats, system failures, and operational disruptions.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

The Fintech Times

JANUARY 29, 2024

Pay-on-demand, which utilises digital wallets and enables workers to access their accrued earnings through mobile devices, continues to grow in popularity across the globe. The multinational financial services firm found that EWA enabled employees to take a taxi to work – supporting business continuity in the area.

On-Demand 68

On-Demand Payroll Innovation Business Continuity 68

PYMNTS

JULY 10, 2020

IDC reported that worldwide sales of PCs surged in the quarter ended June 30, 2020, with U.S. Analysts at Framingham, MA-based IDC wrote, “Traditional PC shipments posted double-digit growth in the second quarter of 2020 compared to the same period a year ago. With inventory still back-ordered, this goodwill will continue into July.

Research 56

Research Volume Continuity Business Continuity 56

PYMNTS

NOVEMBER 16, 2020

The independent investigation will look into the other incidents affecting TARGET Services in 2020, including anything that directly or indirectly affected TARGET2 Securities, which is operated by the Eurosystem.

Central Bank 86

Central Bank Interoperability Cybersecurity Settlement 86

PYMNTS

OCTOBER 29, 2020

"Our strategy, planning and execution enabled us to adjust to changing market conditions, rebound quickly from the sharp downturn COVID-19 caused during the second quarter, and deliver strong profitability for shareholders," said Ersek, adding that while macroeconomic headwinds persist, "our business continues to improve.".

Cross-Border 81

Cross-Border Adjustments Use Case B2B 81

PYMNTS

JUNE 23, 2020

The sole sector doing well thus far in 2020 is healthcare, which has seen strong shares from telemedicine company Teladoc. Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3 percent from normal.

Caps 70

Caps Federal Reserve Economy Business Continuity 70

PYMNTS

MARCH 19, 2020

percent in the fiscal third quarter of 2020. As part of the company’s continued response, Lee said, it has created a “cross-functional crisis team” that he leads. It has developed an action plan addressing business continuity, operations, communications and supply chain. percent, Darden Restaurants, Inc.

Addressing 63

Addressing Governance Government Business Continuity 63

PYMNTS

APRIL 3, 2020

In today’s top news, Airbnb has lowered its internal valuation 16 percent as lockdowns continue to hammer business, and gig workers face uncertainty over how they will get any money from the government’s relief package. Plus, the Congressional Budget Office is expecting GDP to fall 7 percent in Q2 2020.

Economy 52

Economy Payments Small Business Continuity 52

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Community Banks 96

Community Banks Payment APIs and Integration FinTech Treasury Management 96

PYMNTS

APRIL 15, 2020

2020 has surprised the world with a new type of black swan event, one that is unprecedented. How can businesses continue to operate and transact with each other throughout the sudden and rapid shifts in cultural norms and expectations during the COVID-19 outbreak? Your Greatest Strengths Are Agility And Adaptability.

Business Continuity 52

Business Continuity Continuity Technology Transactions 52

PYMNTS

JANUARY 13, 2021

The momentum in our business continued in the holiday season with notable market share gains across our entire product portfolio,” Target Chairman and CEO Brian Cornell said in releasing holiday sales figures. Target reported Wednesday (Jan. CEO Cornell added that Target’s strong holiday results have kept going so far in 2021.

Origination 60

Origination CRM Continuity Business Continuity 60

PYMNTS

MAY 29, 2020

For the first quarter ended May 2, 2020, net sales decreased 40 percent from last year. We’re entering the second quarter in a position of strength, adding to our confidence that we have sufficient liquidity to successfully execute our strategy in 2020 and over the longer term.”. Retail continues to evolve,” he said.

Continuity 57

Continuity Adjustments Business Continuity Accounts 57

PYMNTS

NOVEMBER 4, 2020

Are media buyers burning through budgets at the last minute just to preserve them for a better shot next year, or will the ad rebound collectively help recoup 2020 losses with holiday sales? billion toward online shopping advertising” through the end of 2020. Google parent Alphabet Inc.

Returns 70

Returns On-Demand Business Continuity Continuity 70

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). In terms of innovation, Fairbank said, “We remain all-in on our technology transformation and our progress continues to accelerate.” billion, an increase of $1.7 billion, an increase of $1.5

Posting 40

Posting Non-Bank Credit Cards Adjustments 40

Lending Front

FEBRUARY 22, 2021

When storefronts and restaurants first closed in 2020, it wasn’t clear how long government-mandated lockdowns would last. Over a year later, many business owners are still holding their breath. . With vaccines rolling out, small businesses are finally on the road to recovery. In fact, new businesses continue to form.

Small Business 52

Small Business Credit Union Economy Procedures 52

PYMNTS

JANUARY 6, 2020

Resolution season is here, and as such, millions of Americans are forswearing sugar and heading to the gym determined to turn over a new leaf and become a better version of themselves for 2020. Samsung disclosed that it will introduce a new “artificial human” to the world at CES 2020 in Las Vegas this week. 1 remains to be seen.

Consumer 52

Consumer Business Continuity Continuity Posting 52

PYMNTS

DECEMBER 11, 2020

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. The chaos of the PPP effort may have subsided for now, but small businesses continue to face uncertainty.

Posting 93

Posting Small Business Assessments Returns 93

PYMNTS

SEPTEMBER 23, 2020

Similarly, the eatery’s wine-import partners have been extremely good about making sure the small-batch wineries that supply the business continue to do so. But Fortier said that challenges and changes to the side, she believes that given the year that we’ve all had thus far in 2020, we all need a little fun for the grand finale.

Legal 106

Legal Returns Business Continuity Continuity 106

PYMNTS

FEBRUARY 11, 2020

That being said, our sources indicate that out-of stocks at retail for replenishment product could start within 60-to-90 days if disruptions continue beyond the next few weeks, with more significant inventory issues in seasonal product possibly by midsummer if disruptions stretch longer,” the Wells Fargo report said.

SARS 75

SARS Product Returns Business Continuity 75

PYMNTS

JANUARY 17, 2021

To that point Volvo continues to be aggressive on its Care by Volvo subscription program. The Book by Cadillac website says Cadillac “will be debuting a new program in early 2020.” “Subscription services, it seems, may not be a workable answer. Still, BMW’s and Audi’s abandonment of subscriptions doesn’t mean the model is a failure.”.

On-Demand 81

On-Demand Shutdown Consumer Finance 81

PYMNTS

JANUARY 14, 2021

The 2020 holiday shopping season is shaping up to be a tale of two kinds of retailers. The momentum in our business continued in the holiday season, with notable market share gains across our entire product portfolio,” Target Chairman and CEO Brian Cornell said in releasing the numbers. Target said it also saw a 4.3

Origination 61

Origination Volume Business Continuity Continuity 61

CB Insights

JUNE 17, 2020

Continuous & remote diagnostics. Life after Covid: Continuation or backlash? As infrastructure improves and these services become more familiar, telehealth tech, continuous and remote diagnostics, remote mental healthcare, virtual fitness, and aging-in-place technologies could continue to grow even after the pandemic subsides.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

PYMNTS

JULY 22, 2020

Businesses will also have the ability to earn monthly rebates with virtual cards, turning AP spend into profit.”. The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Julie Negrete-Anderson , founder and chief operating officer, OnPay Solutions.

Automation 60

Automation Accounts Irrevocability Checks 60

PYMNTS

APRIL 11, 2018

“While providing increased productivity and efficiency, this explosion of endpoints can significantly increase cyber-risk exposures ,” the companies said in their announcement, adding that HP estimates companies will have 9 billion devices in use by 2020, averaging four devices per user.

Risk 43

Risk Cybersecurity Risk Management Risk Assessment 43

PYMNTS

MARCH 1, 2018

Vantiv delivered double-digit merchant organic net revenue growth, as our strategy of expanding into high-growth channels and verticals continues to produce results. She also told analysts that capturing synergies between the two companies proceeds apace, and that bringing the heritage Worldpay business onto the U.S.

Cross-Border Payments 43

Cross-Border Payments Cross-Border ISOs APACS 43

PYMNTS

DECEMBER 20, 2019

Such a thing may or may not exist — it depends on context and industry, of course — but cloud computing is making a play as one of the main foundations for technological progress and scaling when it comes to payments and commerce in 2020, and even beyond. Space Clouds.

Payments 53

Payments Technology Innovation Business Continuity 53

PYMNTS

NOVEMBER 30, 2017

While, for many industry spectators, the growth in volume of contactless payments equated to a correlating drop in cash use, the actual numbers reveal that despite a growth in competition from alternate payment forms, cash is continuing to hold its ground. continues to climb. As it turns out, the overall use of cash in the U.K.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

Fintech Labs Insights

AUGUST 22, 2024

9Spokes: Raised $17M for its comprehensive business management platform; increasing partnerships with major banks. QuickFi: Continues to disrupt equipment financing with mobile-first technology, expanding customer base. Horizn: Continues to excel in digital adoption platforms for financial services, expanded to additional markets.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

JULY 27, 2017

But included in this report are stats that earned a bit less attention: Credit and debit cards currently account for 11 percent and are headed to increase only slightly by 2020 to make up 12.5 That deal sees EML Payments lending its virtual supplier payment capabilities to that AP firm, a tactic Young said the company will continue to deploy.

ACH 40

ACH Payments Checks B2B 40

PYMNTS

FEBRUARY 14, 2017

has begun the process of finding a commissioner to focus on late supplier payments as small businesses continue to struggle with cash flow, but reports of the initiative were released alongside separate reports that found one government entity struggling to pay its own suppliers. Reports by The Telegraph on Sunday (Feb.

Government 40

Government Governance Payments Small Business 40

PYMNTS

DECEMBER 13, 2019

As businesses continue their digitization migrations, there are more ways than ever to transmit electronic data. Not all are created equal, however, and a lack of standardization has created a new source of friction in B2B payments, limiting businesses’ ability to gain insight into cash inflows and outflows. AUD [$21.29

Governance 52

Governance Government Payments B2B 52

PYMNTS

JULY 14, 2017

The report had some big news for B2B payments in particular: “Overall, the jury considers the business payments sector to have the best profit potential going forward,” the report stated. Disruptors in B2B payments have an opportunity to access larger profit margins, it continued, in a market less saturated than the B2C payments space.

ACH 46

ACH Same Day ACH B2B NACHA 46

FICO

APRIL 21, 2020

In the third installment of my series , here are some insights about the future of banking and what small business lenders should prepare for in a post-Coronavirus economy. We’ll likely see businesses continue certain practices for having less physical contact with their customers, as well as less contact among fellow customers themselves.

Posting 75

Posting Small Business Community Banks Economy 75

PYMNTS

MAY 22, 2017

The company slashed costs by $270 million this year and is on track to reach its goal of $300 million in savings by the end of the fiscal year, with plans to save $300 million more between now and 2020. He expects revenue to grow to more than $18 billion by 2020. “We

Business Continuity 40

Business Continuity Acquirers Finance Transactions 40

PYMNTS

OCTOBER 21, 2016

million secured term loan, which comes due in 2020. 2020 and maintains significant liquidity under its $150 million revolving credit facility.” Our direct-to-consumer business continues to drive our results with both brick-and-mortar and eCommerce growing double digits.”. The debt load for rue21 includes a $538.5

Acquirers 55

Acquirers CHIPS Consumer Continuity 55

Nanonets

APRIL 16, 2023

A 2020 survey by Levvel Research showed that manual data entry and inefficiency continue to be the pain points in the accounts payable process. But a solidified business continuity plan that includes backups, uninterrupted power supplies and cloud computing can help tackle these problems.

Automation 52

Automation AI Duplicate Accounts 52