PYMNTS

DECEMBER 10, 2020

But for B2B payment solution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently. Balancing Consumerization With Security.

Security 106

Security B2B Use Case Payment Solutions 106

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Barclaycard Debuts V-Card For Expense Management. Access Bank Taps Visa For SMB Debit Cards.

Innovation 114

Innovation Commercial Card Debit Card Cross-Border Payments 114

Stax

APRIL 18, 2024

SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. ISVs, or Independent Software Vendors, are businesses that develop and distribute software products to end-users. Primarily through direct-to-user subscriptions and third-party distributors.

ISVS 88

ISVS Payment APIs and Integration End User On-Demand 88

Fintech Finance

JUNE 12, 2024

It addresses the involuntary churn rates and payment failures that have plagued the repeat economy, empowering businesses to capture and retain more revenue. By automating the payment process, Trustly aims to drastically cut the 50% abandonment rate at checkout, where users find payment setups too cumbersome.

Economy 98

Economy AI Payment APIs and Integration Fraud Prevention 98

Finovate

JANUARY 25, 2024

Klarna counts 150 million active users who make two million transactions every day using its platform. “Our research indicates that dedicated Klarna users are looking for an enhanced shopping experience through a subscription model. Klarna Plus addresses this demand, allowing us to deepen our engagement with 37 million loyal U.S.

BNPL 105

BNPL Transactions On-Demand End User 105

PYMNTS

DECEMBER 4, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. So far, corporate banking users are always left out in the cold.” They’re out there; they just have to be used.”.

End User 89

End User API Credit Union Value Added Service 89

PYMNTS

DECEMBER 16, 2019

Service providers are increasingly understanding that, like consumers, businesses demand a better and more seamless end-user experience. It’s now a “global phenomenon” opening up the market to new players that are able to solve problems traditional banks haven’t been able to address. he told PYMNTS.

Compliance 81

Compliance B2B Payment APIs and Integration End User 81

PYMNTS

MARCH 9, 2020

There is good news, and there is bad news with regards to the path to addressing the unbanked and underbanked in the United States. ” At the same time, ongoing shifts in customer expectations and demands mean that addressing the underbanked does not necessarily mean having to build more physical bank locations. ”

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens. Analysts say the tangible benefits of digitization and a happier end user are clear.

Blockchain 68

Blockchain Online and Mobile Banking End User Non-Bank 68

PYMNTS

SEPTEMBER 13, 2016

The company also pointed to the spiking demand for cloud billing solutions, citing research from Agile Monetization Platform that found software is headed for a $102 billion market valuation in 2020. Its small business customers use Fusebill to manage recurring subscriptions with more than 10 million end users, it added.

Security 63

Security End User On-Demand Small Business 63

PYMNTS

MARCH 23, 2018

But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Bank customers’ needs and demands of financial service providers are growing more sophisticated and complex. FinServ cybersecurity is, of course, a prime target for innovation. What is driving this trend?

Innovation 74

Innovation Security Visa Online and Mobile Banking 74

The Fintech Times

SEPTEMBER 12, 2024

Meanwhile, 36 per cent are likely to receive more cross-border payments, driving the demand for robust international money transfer solutions. This collaboration represents a significant step forward in our mission to offer cutting-edge solutions that address the evolving needs of our users.”

Visa 64

Visa Cross-Border Cross-Border Payments Financial Inclusion 64

PYMNTS

SEPTEMBER 8, 2020

As Mack explained, tackling this issue for all types of FinServ providers must revolve around combating fraud risks and promoting compliance — but it also needs to prioritize the customer journey, as businesses increasingly demand the seamless onboarding experience that consumers already have. When the U.S. On Tuesday (Sept.

FinTech 79

FinTech Compliance On-Demand Mitigation 79

PYMNTS

JULY 8, 2019

On the other hand, a retail buyer may have found the perfect buying platform that fits its own needs but fails to address what a vendor needs to receive orders. API integrations can address a range of problems. One corporate buyer may submit orders a different way than another. Why is this the case?

API 76

API B2B Payment APIs and Integration Compromise 76

PYMNTS

DECEMBER 2, 2020

Speaking with PYMNTS in a recent interview , Jones noted that the mobile-friendly offering not only enhances the end user's payment experience, but can also support enhanced control and visibility for managers who need to keep employee spending in check. On the path to payments innovation, collaboration is key.

Commercial Card 65

Commercial Card FinTech Small Business Visa 65

PYMNTS

MARCH 19, 2018

The widespread nature of this issue, said Goldspink, is why the company’s fuel card solution aims to address points of friction across all of these participants, not just the end customer. “My We are seeing demand from the end user because of the way payments is changing,” he said.

AI 61

AI Fraud Detection Mitigation Issuers 61

PYMNTS

DECEMBER 30, 2019

What is clear, however, is that Open Banking is gaining traction, largely driven by the competitive pressure for banks to enable their customers with the FinTech tools they demand. While Open Banking may seem like the obvious answer to the demand for data integration between banks and FinTech firms, the complexities of the U.S.

Non-Bank 57

Non-Bank Addressing Fraud Detection On-Demand 57

PYMNTS

MARCH 4, 2020

More established financial players offer scale and reach along with decades of experience in touching millions, even billions, of end users’ financial lives. The payments and financial services sectors are taking advantage of the multiplier effect, through which one plus one can equal four. Pairing for success.

Visa 61

Visa FinTech Push-to-Card Financial Inclusion 61

Faster Payments Council

MAY 7, 2020

With increased consumer and business demands on efficiency and speed, QR codes check a lot of faster payments boxes. So, that's the intent of the FPC's newly formed End-User QR Code Interface Work Group, chaired by Walmart's Matt Howarter. These are the questions the FPC is uniquely poised to address.

FPC 68

FPC Faster Payments Payments Facilitators 68

PYMNTS

MARCH 16, 2018

APIs enable FinTechs to address the particular points of friction in corporate finance, and financial institutions today have begun to understand that they can focus on their own core competencies while collaborating with other companies that have their niche specialties too. It’s a sentiment echoed throughout the B2B FinTech market.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

DECEMBER 27, 2019

B2B payments innovation continued to heat up in 2019, with an ecosystem focused on transaction speed and data integration finding new opportunities to build innovative solutions that address some of the biggest B2B payment friction points. But sometimes, technology that solves one problem can introduce another.

B2B 52

B2B Payments Same Day ACH Addressing 52

The Payments Association

NOVEMBER 12, 2024

He says: “A lot of smaller companies can end up overspending by thinking they need enterprise-scale solutions. This urgency often leads organisations to choose vendors who claim to deploy solutions swiftly to meet compliance demands. However, Armstrong warns that this desire for bespoke solutions can lead to miscalculation. “I

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Compliance 88

PYMNTS

APRIL 28, 2017

Its end users were also the most willing to pay. In 2016, cybercriminals demanded an average of $1,077 per victim, compared to $294 in the previous year. The rise makes sense, said Haley, given how end users in the U.S. — At the end of the year, they found that had almost doubled. In the U.S.,

Ransomware 62

Ransomware End User Crime Authentication 62

PYMNTS

MARCH 2, 2020

The rise of the gig economy, heightened customer demands, and business globalization have all introduced new ways that businesses can use outgoing payments as a strategy for growth, profit and customer loyalty. Different Scenarios, Same Demands. Think of a gig worker of a food delivery service.

B2C 60

B2C Payments Push-to-Card On-Demand 60

PYMNTS

MARCH 20, 2020

After all, being proactive about maintenance and upkeep can save headaches and costs down the line — and advanced technologies such as machine learning and artificial intelligence (AI) can play a role in that proactivity, addressing pain points in new ways. It might be said that when it comes to ATMs, variability is the one constant.

ATM 72

ATM AI Fed End User 72

PYMNTS

DECEMBER 26, 2019

It also evolved into a new focus for innovators and developers of these solutions, enabling these tools to operate in harmony with each other, with data integration and sharing of paramount importance to corporate users. In recent years, especially, AR and AP have begun to converge. Further, that choice must also expand into the area of data.

Accounts 53

Accounts B2B End User Payer 53

PYMNTS

APRIL 23, 2019

In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. Accountants and accounting solutions must address this need, too. is on the rise, as companies look to build revenue and boost hiring.

FinTech 61

FinTech Small Business Accounts Federal Reserve 61

The Fintech Times

FEBRUARY 27, 2024

James Butland, UK managing director, Mangopay “By 2027, third-party sales via marketplaces will account for 59 per cent of all global e-commerce, and so we’ll see an increased demand for paytech built with marketplaces and platforms at the heart. This lightens the human load, allowing teams to concentrate on more complex and strategic tasks.

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

PYMNTS

MARCH 28, 2019

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better services, and that often cannot be offered without better technology. Yet many traditional FIs continue to live in the past, thanks to legacy IT. Beyond the App.

Payment APIs and Integration 47

Payment APIs and Integration On-Demand API Regulations 47

The Fintech Times

AUGUST 15, 2024

In this week’s Behind the Idea , Chris Little, chief revenue officer at finova, discusses the company’s approach to addressing industry challenges and the technological advancements shaping the future of mortgage services. This naturally brings ‘growing pains’ as the company has scaled to accommodate demand.

Origination 59

Origination Payment APIs and Integration Addressing CRM 59

PYMNTS

FEBRUARY 3, 2020

That means financial functions beyond banking are taking advantage of application programming interface (API) data integrations, with productivity gains particularly large for business end-users of these products and services.

Payroll 73

Payroll Payment APIs and Integration Faster Payments Due Diligence 73

PYMNTS

DECEMBER 13, 2018

“Customers are demanding something that’s much more interactive and more integrated, and more BI [business intelligence]-like,” said Turner. Despite the data challenge, pressures on CFOs and treasurers continue to mount. Even so, Turner said U.S. As open banking continues to proliferate in the U.S. ”

Treasury Management 62

Treasury Management Treasury Payment APIs and Integration API 62

PYMNTS

APRIL 27, 2017

Its end users were also the most willing to pay. In 2016, cybercriminals demanded an average of $1,077 per victim, compared to $294 in the previous year. The rise makes sense, said Haley, given how end users in the U.S. — At the end of the year, they found that had almost doubled. In the U.S.,

Ransomware 49

Ransomware End User Crime Law Enforcement 49

PYMNTS

SEPTEMBER 27, 2019

’s broader digitization initiative to address changing customer demands for modernized, efficient services and products. Head of Digital Transformation Jonathan Holman said in a statement, pointing to the “speed, transparency and ease of use” that end users require from their banking services.

Small Business 46

Small Business End User Use Case On-Demand 46

Faster Payments Council

SEPTEMBER 23, 2023

Foundry Ballroom) This session will highlight faster payments Use Cases focused on real-life case studies from a variety of perspectives such as business end-users and financial institutions that are applying instant payments. Their aim is to educate the industry on the inhibitors to faster payments adoption.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

APRIL 2, 2019

The three-way match and other processes like delivery authentication — a capability that enables a business to ensure that products have actually been received before invoices are paid — can address mistakes and cases of fraud, but it’s only the tip of the iceberg in terms of strategies corporates must implement to manage spend.

Email Compromise 59

Email Compromise Scams Correspondent Phishing 59

PYMNTS

SEPTEMBER 30, 2019

The solution focuses on business-to-business (B2B) integrations — for instance, between a company and one of its vendors — to address and mitigate cybersecurity risks found within enterprise apps that connect those two firms. However, among its greatest weaknesses is a relatively low threshold when authenticating a user. ”

Cybersecurity 57

Cybersecurity Third Party Vendors Compromise End User 57