PYMNTS

NOVEMBER 23, 2020

But there’s a new data revolution underway and this one is on the consumer side, as financial data aggregators are very much in the news. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity. bank accounts.

Nonprofit 117

Nonprofit Banking Financial Data Education 117

PYMNTS

FEBRUARY 26, 2019

Open banking may foster talk in Europe and the U.S. centered on collaboration between FinTechs and traditional banks. 25) that in South Korea, the financial regulator there (known as the Financial Services Commission) is encouraging the creation of an interbank payment network that will allow access to banks and FinTechs.

Banking 75

Banking Valuation Finance Leverage 75

PYMNTS

JANUARY 22, 2020

Will India prove to be a model for open banking ? India is on the verge of passing a data protection law in 2020 that, in some respects, mirrors – and may help inform – other initiatives around the globe. Also, the aggregator may not store data tied to the customer, such as passwords. The Roadmap.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. Many of the world’s leading financial institutions now share this vision.

Reconciliations 65

Reconciliations Financial Data Leverage Accounting 65

The Finance Weekly

FEBRUARY 8, 2023

With over 20 years of experience in the financial services sector at the C-suite level, Ordonez comes to Payoneer from her previous role as CIO at Webster Bank. Michael McLaughlin | Informatica Informatica, a company specializing in enterprise data management, has named , Michael McLaughlin as its new CFO.

CFO 52

CFO Prioritization Finance Communication 52

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. For any new FinTech company, securing a deal with a financial giant is good news. Take Capital One’s deal with Gem, for instance. ”

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JUNE 19, 2019

In the competitive financial industry, credit unions (CUs) remain popular banking options, with a recent CUNA Mutual Group report estimating that 324,000 consumers joined CUs in March 2019. A recent PYMNTS study found that 35 percent of CUs have made data analytics investments over the past three years.

Leverage 52

Leverage Banking Financial Data Securities 52

PYMNTS

MAY 27, 2016

-based digital financial solutions company Intelligent Environments, today’s financial fluidity contributes to a sense of powerlessness among spenders. Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. A shocking rollout.

Banking 40

Banking Technology Securities Financial Data 40

PYMNTS

JANUARY 22, 2020

Will India prove to be a model for open banking ? India is on the verge of passing a data protection law in 2020 that, in some respects, mirrors – and may help inform – other initiatives around the globe. Also, the aggregator may not store data tied to the customer, such as passwords. The Roadmap.

Banking 56

Banking Education Accounting Leverage 56

PYMNTS

OCTOBER 30, 2020

Bank , and Sara Cichoski, vice president of eEnterprise money movement at U.S. Bank, representing Elavon , a merchant-focused payments processing provider and U.S. Bank subsidiary. Is it going to flow into my reporting in a way I can easily adjust to, or will [the bank] start sending me reports on Sunday as well?’”

B2B 59

B2B Economics Banking Prioritization 59

PYMNTS

DECEMBER 12, 2018

Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood , savings account with Acorns or loan repayment details with LendingClub. Plaid has integrated with 10,000 banks in the U.S. and Canada. On Tuesday (Dec. The Trust Business.

Investments 59

Investments Banking Valuation Accounting 59

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking.

Securities 96

Securities Banking Leverage Communication 96

PYMNTS

JUNE 13, 2018

Across the board, banks, credit unions and FIs are turning to new tools that rely on AI and machine learning. These features give their customers data-driven insights that can improve their financial lives, and FIs with legacy infrastructures have been using APIs to make such new offerings available. The Future of Open Banking.

B2B 46

B2B Financial Data Banking Technology 46

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. They’re entrusting that MSP to make sure their systems are up and running, and that the data is secure.

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

DECEMBER 20, 2019

FinTech firms have reportedly been accusing banks of preventing access to the financial data of end-users. With PNC Bank , in one case, clients noted they were unable to link accounts to Venmo. The bank has suggested that those Venmo users switch to Zelle per tweets from PNC.

B2B 40

B2B Data Analysis Retail Banking 40

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Serai likens itself to a professional social networking solution, and the backing by HSBC will allow Serai to leverage HSBC’s existing client base.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

DECEMBER 7, 2017

It’s not hard to understand why the medium, small and micro-business owners of Canada would appreciate Interac e-Transfer , which enables them to send or receive funds instantly, directly from or to their bank account, as well as request payments from customers — minus the awkward face-to-face element of asking someone for money.

Invoicing 40

Invoicing Banking Accounting Leverage 40

PYMNTS

APRIL 7, 2020

What we’re trying to do is leverage open banking to replicate a FedEx or Amazon experience where businesses know where their payment is at any given point of time, so they have real-time cash flow positioning.”. And the world of financial services is built on trust. That is a powerful offering.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

APRIL 14, 2017

Unlike mass-registered fake accounts, they contain valuable information such as financial data, and their activities are less likely to raise the suspicion of security solutions. What makes ATO attacks so dangerous is that they target accounts that are created by real users. Their behaviors are changing as well.

Accounting 44

Accounting Leverage Securities Financial Data 44

PYMNTS

JUNE 19, 2019

billion people in the world without access to a bank account the ability to have one at no, or a low, cost. The “internet of money” is the mantra, making it as easy to send money around the world as it is to send a picture or video across the internet, but more securely, Facebook explained. Facebook said it simply wants to give the 1.7

Currencies 59

Currencies Nonprofit Banking Accounting 59

PYMNTS

NOVEMBER 9, 2020

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Increasingly, open banking will underpin that collaboration. Access for the consumer though means access to that far-flung data is paramount for the banks and third parties.

Banking 114

Banking Financial Data Prioritization Economics 114

PYMNTS

AUGUST 11, 2017

According to a report by the country’s 12 regional Federal Reserve banks, over half of all startups report difficulty in securing loans, and 81 percent report having had to dip into their personal funds to cover gaps in their corporate cash flow. And they did.

Startups 47

Startups Banking Finance Retail 47

PYMNTS

JUNE 19, 2019

billion people in the world without access to a bank account the ability to have one at no or low cost. The “internet of money” is the mantra, making it, Facebook explains, as easy to send money around the world as it is to send a picture or a video across the internet, but more securely. Facebook, said simply, wants to give the 1.7

Currencies 40

Currencies Nonprofit Banking Accounting 40

PYMNTS

JUNE 24, 2020

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. And Tuesday (June 23), Mastercard said it struck a deal to buy Finicity , which provides access to financial data in real time, for $825 million. Visa bought Plaid earlier this year. said Vosburg. Moving Toward Standards.

Financial Data 105

Financial Data Leverage Banking Securities 105

PYMNTS

AUGUST 29, 2019

The market share of credit unions is only a fraction of their larger bank counterparts, but they tend to inspire a greater sense of loyalty among customers. Data from PYMNTS’ Credit Union Innovation Index found that 60.8 percent wanting their CUs to invest more in security and 19.5 What is Open Banking? .

Banking 63

Banking Securities Forecasting Communication 63

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

PYMNTS

SEPTEMBER 16, 2020

The pandemic’s effects are reverberating throughout the process, however, and colleges completing the majority of new student onboarding must use remote, digital tools that enable them to secure students’ private details, including their addresses, financial data and health information.

Education 56

Education Budgeting Securities Leverage 56

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance 40

Finance Accounts Payable Invoicing Reconciliations 40

CFO News Room

DECEMBER 26, 2022

Adam is an Associate Financial Planning Nerd at Kitces.com. He previously worked at a financial planning firm in Bethesda, Maryland, and as a journalist covering the banking and insurance industries. Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

PYMNTS

JULY 5, 2018

Since the early 2000s, tokens have been available as a means of obscuring sensitive data by replacing it with a surrogate value. Now, said Bouda, network tokens have also been developed to leverage the EMV standards that were introduced by card networks when contactless mobile wallets made their debut in 2014. The Case for Merchants.

Securities 41

Securities Numbers eCommerce Leverage 41

Musings on Markets

FEBRUARY 4, 2023

Stock as collateral for debt : The motive for the stock price manipulation, at least according to Hindenburg, is that some of the debt in the Adani companies has been backed up or secured by shares in the company, with a higher market capitalization then allowing these companies to borrow more than they should.

Investments 100

Investments Valuation Auditing Restructuring 100

PYMNTS

SEPTEMBER 11, 2017

Organizations are hungry for data these days. Whether they’re leveraging insights on their own behalf or packaging them as information products to sell to others, they can’t seem to get enough. For instance, data trends on traffic collected by taxi companies could be leveraged by delivery services to optimize routes.

Sales 63

Sales Advertising Leverage eCommerce 63

PYMNTS

DECEMBER 26, 2018

This year has shown that a “one-size-fits-all” approach no longer works for banks — or their customers. New entrants may not have the need for any on-premise infrastructure, instead leveraging cloud infrastructure/third-party service providers and partners to rapidly deliver new products and services at scale. New Entrants.

Banking 51

Banking Financial Data Invoicing Manufacturing 51