Fintech News

MAY 20, 2024

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. of businesses reporting an increase in webinar hosting, and 28.3% Similarly, research by GoodFirms found a notable uptick, with 46.5%

FinTech 133

FinTech Embedded Finance BNPL AI 133

The Fintech Times

FEBRUARY 9, 2024

Candid Wüest, VP of product management at Acronis Candid Wüest , VP of product management at Acronis, explained: “There’s a disturbing trend being recognised globally where bad actors continue to leverage ChatGPT and similar generative AI systems to increase cyber attack efficiency, create malicious code, and automate attacks.

Phishing 72

Phishing AI MSPS Ransomware 72

The Fintech Times

AUGUST 30, 2024

After successfully onboarding a new customer, businesses can use this feature to re-verify the customer’s identity at any point in the customer lifecycle. This ongoing due diligence process is crucial to ensure that businesses continue to meet know your customer (KYC) regulatory requirements.

Authentication 64

Authentication Due Diligence Verification Compliance 64

PYMNTS

JANUARY 26, 2021

Will businesses continue to rely on video conferencing, or will they flock back to the airport for in-person meetings? One of the most impactful trends occurring in the SMB T&E landscape is the rise in demand for alternative lodging. The Rise Of Alternative Lodging.

On-Demand 83

On-Demand Volume Small Business Process 83

PYMNTS

APRIL 23, 2020

There is no immediate indication of how long this decline in demand will exist. Business Continuity Is Key. Through our experience with previous black swan events and other crises, we know that a comprehensive business continuity plan should be developed and continuously evolved. and global economies.

Credit Union 63

Credit Union Credit Union Service Organization Business Continuity Fraud Detection 63

Fintech News

FEBRUARY 15, 2024

This underscores an unequivocal demand for transparency in financial transactions, with businesses keen on having clear insights into payment timelines and transaction verification.

Cross-Border 105

Cross-Border Cross-Border Payments Visa Payments 105

PYMNTS

APRIL 28, 2020

As Salzer told PYMNTS, “There have been some significant shifts in consumer demand — and those consumers have been increasingly transacting, and looking for help, across online channels.”. Individuals and families are likely to start saving more money as the economic environment continues to be uncertain. Shuttered branches.

Credit Union 99

Credit Union Online and Mobile Banking Shutdown On-Demand 99

Nanonets

DECEMBER 13, 2023

When errors occur, the system can adapt and improve over time through continuous learning, ultimately enhancing the accuracy of future data extractions. A survey by Accenture on underwriting employees found that up to 40% of underwriters’ time is spent on non-core and administrative activities.

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

OCTOBER 21, 2020

The reCommerce trend continues to gain momentum. Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market.

On-Demand 76

On-Demand Product Research Origination 76

PYMNTS

JUNE 29, 2020

Thanks to invoices and other AP-related documents flowing in in a variety of formats, businesses continue to face barriers to being able to easily extract vital information, integrate it into the necessary systems and obtain valuable insights from that data. “How much requisition loss do you see because of that?

Accounts 60

Accounts On-Demand Business Continuity Addressing 60

PYMNTS

NOVEMBER 14, 2019

The onboarding process can pose major headaches for small businesses in an ecosystem where online and mobile banking are in demand, yet not always available at the caliber banking customers have come to expect. Power found that small businesses continue to embrace mobile banking, with its 2019 U.S. ”

Online and Mobile Banking 59

Online and Mobile Banking AML Small Business Deepfake 59

The Fintech Times

DECEMBER 5, 2023

Innovating B2B payments Stacey Sterbenz, general manager, UK commercial at American Express In 2024, there will be an increase in payments digitisation for businesses, driven by the pursuit of efficiency, says Stacey Sterbenz, general manager, UK commercial at American Express. “And that’s what they delivered. .

B2B 59

B2B On-Demand Automation Innovation 59

PYMNTS

APRIL 15, 2020

Within the current crisis, the combined value proposition will definitely help our joint customers in their objective of business continuity.”. “The combination of Tradeshift solutions and Chain IQ’s expertise in procurement is creating a unique value proposition to clients.

B2B 52

B2B On-Demand Consulting Business Continuity 52

Nanonets

MARCH 23, 2023

Automation, AI, and ML as drivers of the workspace revolution Photo by Lenny Kuhne / Unsplash The workplace has been subjected to continuous technological advancements since the Industrial Revolution. In today's era of connected devices and an IoT-driven future, an enormous amount of data is being and will continue to be captured.

Automation 105

Automation AI Technology On-Demand 105

The Fintech Times

JUNE 13, 2024

In the current economic climate, mergers, acquisitions, and divestitures persist as strategic moves with a pressing demand for fast and effective data migration. When a segment of the business changes hands, the data migration process becomes more complex, particularly in cases of spinoffs or divestitures.

Due Diligence 59

Due Diligence Compromise Process Risk 59

PYMNTS

APRIL 29, 2020

As he told Webster, “in many mature markets, the responses of most of these institutions have been fast and consistent, with business continuity plans established under the supervision of regulators.”. That new demand may put pressure on FIs to meet a wave of new and continued demand for banking done in bits and bytes.

Technology 57

Technology On-Demand Addressing APACS 57

PYMNTS

MAY 1, 2019

It’s a milestone Apple briefly hit in August, only to see its stock fall as demand in China slumped. Apple’s iPhone business continued to suffer in the second quarter, with revenue down 17 percent year over year but in line with Wall Street’s expectations.

Caps 48

Caps On-Demand Business Continuity Continuity 48

PYMNTS

JANUARY 9, 2020

Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy. ” Collaboration Through Data. .

AI 61

AI On-Demand Addressing Volume 61

PYMNTS

MARCH 18, 2020

As the coronavirus continues to spread, the hospitality industry in the U.K. sees a major dip in rideshare demands, according to reports on Wednesday (March 18). She called for “immediate and far-reaching support from the government, and meaningful business continuity measures.”. “We is taking a big hit while the U.S.

Governance 52

Governance Government On-Demand Business Continuity 52

PYMNTS

DECEMBER 17, 2018

In the latest “ Biz2Credit Small Business Lending Index ,” researchers found — yet again — that financial institutions (FIs) are continuing to increase their loan approval rates. Below, PYMNTS examines some of the key findings of D&B’s report in the context of rising small business loan approval rates.

Small Business 62

Small Business On-Demand Research Legal 62

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 19, 2018

” In another statement, PNC Treasury Management Executive Vice President and Head of Product Chris Ward said the demand for real-time payments across the globe is “critical” as the economy digitizes. The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

PYMNTS

NOVEMBER 18, 2020

Indeed, it can be difficult for businesses to change their payment habits. Just ask the estimated 42 percent of small- to medium-sized businesses ( SMBs ) that continue to use paper checks to make B2B payments. One of the use cases we've seen a lot of interest in lately is this expedited or even instant payroll on demand.”.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

PYMNTS

AUGUST 20, 2020

The coronavirus pandemic was an unanticipated disruption for every business, but for organizations that remain mired in paper, it became what Dave Robertson , managing director of payment advisory services at Deluxe , described as “the ultimate stress test.” A Gradual Process. “You need workflows that can be collaborative.

Payment APIs and Integration 104

Payment APIs and Integration Automation B2B API 104

PYMNTS

AUGUST 30, 2019

Using RippleNet, PNC Treasury Management can enable business clients to receive payment on their outstanding invoices from their overseas corporate buyers in real time, with the aim of supporting enhanced cash flow management. PNC first announced its plans to join RippleNet last September.

Cross-Border 76

Cross-Border Transactions Cross-Border Payments Treasury Management 76

PYMNTS

OCTOBER 1, 2020

Laguarta said “despite the measured reopening of economies and activities in certain areas since May,” the company’s North American snacks and food businesses “continued to deliver robust growth as at-home consumption trends have remained strong.” . billion, led by a huge increase in its direct to consumer businesses.

On-Demand 72

On-Demand Consumer Economy Adjustments 72

PYMNTS

APRIL 30, 2020

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments. Cash continues to play a vital role in the space, however, even with rising bankability. High-Risk Reputation. An Evolving Market. “These institutions are few and far between.”

Legal 78

Legal Credit Union Cannabis Banking Non-Bank 78

PYMNTS

APRIL 2, 2018

small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30). Small business group SME Alliance spoke to the House of Commons select committee to discuss small firms’ ongoing challenges in seeking bank loans. remained fairly static” last year, hitting $7.86

Small Business 49

Small Business Legal Treasury Finance 49

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But recent reports in the Wall Street Journal Monday (Dec.

Federal Reserve 52

Federal Reserve Small Business Non-Bank PayPal 52

The Finance Weekly

APRIL 25, 2022

Whether or not the worst is yet to come, organizations and government agencies (especially those responsible for critical infrastructure) must be ready for a potential escalation in cyberattacks, as well as consumer and stakeholder demands for privacy protections.

Finance 107

Finance Cybersecurity Risk Treasury 107

M2P Fintech

OCTOBER 19, 2023

Increased scalability: By deploying cloud-based core banking solutions, banks can ramp up and down service depending on the varying demands. Cloud providers’ robust security and redundancy resources reduce interruptions, ensuring business continuity for banks with modernized core systems.

Online and Mobile Banking 52

Online and Mobile Banking ATM Point-of-Sale (POS) Compliance 52

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. When the limit on contactless payments in the U.K.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

MAY 25, 2020

In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For many businesses along the global supply chain, it may also mean introducing changes that will affect how trade is done well into the future, too. Redefining Risk Strategies.

Adjustments 57

Adjustments B2B Product Mitigation 57

Lending Front

FEBRUARY 22, 2021

With vaccines rolling out, small businesses are finally on the road to recovery. In fact, new businesses continue to form. More new businesses were registered in the U.S. In Connecticut alone, 22,832 new businesses opened in 2020. . COVID hit small businesses hard. Small businesses rely on loans.

Small Business 52

Small Business Credit Union Economy Procedures 52

PYMNTS

APRIL 13, 2020

Plus, Karen Webster details Main Street small business continued worries. In addition, some physical locations of Whole Foods stores have curtailed hours to allow for restocking and cleaning, and others are now focusing exclusively on fulfilling online grocery orders as the coronavirus pandemic accelerates demand beyond capacity.

Non-Bank 60

Non-Bank PayPal Small Business Payments 60

PYMNTS

NOVEMBER 4, 2020

As Business Insider reported : “Like many tech companies, Snap relies on revenue from brands, whose pandemic-related financial slowdowns were expected to have a domino effect on ad buyers. Network ad revenues rose 9 percent year on year to $5.7 billion, while ad sales at YouTube shot up 32 percent to $5 billion.”.

Returns 70

Returns On-Demand Business Continuity Continuity 70

PYMNTS

JUNE 22, 2020

Digital tools also offer real-time visibility into corporate cash flows, which can be especially helpful as businesses strategize to address a rapidly changing economic situation, Brad Garfield , head of product for commercial cards and comprehensive payables in global transaction services for Bank of America , recently explained to PYMNTS.

Automation 56

Automation Push-to-Card FinTech Process 56