FISPAN

MAY 24, 2022

Joe Maxwell, Managing Director at FINTOP Capital sat down with Clayton Weir to discuss the currents of change in financial services, ERP movement to the cloud and how banks can enable digital transformation. Fitting with the If I Ran The Bank podcast theme, Joe is the first guest who actually does run a bank!

Compliance 98

Compliance CFO Banking Numbers 98

PYMNTS

NOVEMBER 23, 2020

Finicity bills itself as an open banking platform, and while that is certainly an attraction as the concept takes hold in the US, for now Finicity is an important portal through which consumers can achieve transparency with their bank as well as plan their current and future financial state. bank accounts.

Nonprofit 117

Nonprofit Banking Financial Data Education 117

CFO News Room

JANUARY 11, 2023

A career in a major bank can be both rewarding and well-paying, with top positions garnering income of hundreds of thousands or even millions of dollars annually. For example, investment bankers are near the top of the list, often working for large investment banks like Goldman Sachs or Morgan Stanley. And how much money do they make?

Banking 130

Banking Financial Analyst Budgeting Investments 130

Bank of the West

NOVEMBER 22, 2021

Here’s what finance executives need to know about R2P and its potential benefits for treasury management. ” These real-time collection platforms trigger payments from bank accounts for collections. The customer’s bank sends an R2P notice to the payer, likely via their secure banking app.

Treasury 98

Treasury Reconciliations Banking B2B 98

PYMNTS

MARCH 12, 2020

Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. In recent decades, that used to mean opening more bank branches or locations in grocery stores.

Banking 85

Banking Accounting Securities Technology 85

PYMNTS

JUNE 26, 2020

More than 10,000 financial institutions (FIs) around the world are implementing or exploring open banking , an emerging trend in the financial industry that allows banks and FinTechs to freely share their data, encouraging collaboration and the development of new customer-facing services. Open Banking’s Data Benefits.

Banking 79

Banking Securities Education Financial Systems 79

PYMNTS

JANUARY 25, 2021

The banking industry is still grappling with the pandemic’s unprecedented effects, including a broad digital shift across numerous sectors. Digital banking apps in particular have benefited from this new trend, with 60 percent of bank customers using such apps more often during the health crisis instead of visiting brick-and-mortar branches.

Banking 94

Banking Budgeting Securities Accounting 94

PYMNTS

AUGUST 28, 2019

While all financial institutions (FIs) operate on customer relationships, trust and loyalty can play a larger role for credit unions. The latest Credit Union Tracker explores recent developments in the world of credit unions, and how open banking could change how credit unions do business and increase customer loyalty in the process.

Banking 73

Banking Securities Education Investments 73

CFO News Room

JANUARY 13, 2023

According to Amazon, Flex drivers typically earn $18 to $25 per hour, although actual earnings will “depend on your location, any tips you receive, how long it takes you to complete your deliveries, and other factors.”. The best part is that the gig is flexible since you can choose when and how long you work.

Accounting 130

Accounting Retail Banking Communication 130

PYMNTS

MARCH 20, 2020

Open banking’s impact on small- to medium-sized businesses (SMBs) continues to proliferate as traditional financial institutions (FIs) embrace the opportunity to unlock data for third-party platforms. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S.

Banking 93

Banking Finance Risk Management Invoicing 93

PYMNTS

JANUARY 14, 2021

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and help curb the spread of the virus. This means consumers are turning more to digital tools, but unlocking and embracing the potential benefits of these tools has not been easy.

Banking 89

Banking Leverage Education Retail 89

PYMNTS

FEBRUARY 20, 2019

20) it has launched a new payment service that is powered by open banking. In a press release, the company said it launched an alternative to card payments that takes advantage of the European Union’s Payment Service Directive (PSD2) requirement for banks to create APIs for third parties to initiate payments on behalf of consumers.

Banking 84

Banking Securities Accounting Planning 84

CFO News Room

JANUARY 6, 2023

Having $2,000 to $3,000 to invest is a good feeling, but how you allocate those funds can impact your finances more than you might realize. For example, opening a UFB Elite Savings account with UFB Direct can help you earn a 3.11% APY with zero monthly maintenance fees and no minimum deposit requirement. Build custom portfolios (or).

Investments 130

Investments Accounting Finance Healthcare 130

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

Prioritization 63

Prioritization Leverage Banking Technology 63

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. FIs in Fidor’s native Germany should by now be familiar with the standards set by GDPR, PSD2 and other regulations aimed at online banking.

Compliance 90

Compliance Banking Securities Technology 90

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used. “So

Compliance 108

Compliance Prioritization Securities Banking 108

PYMNTS

MAY 28, 2020

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Developments From Around The World Of Digital-First Banking.

Banking 70

Banking Securities Accounting Investments 70

PYMNTS

JUNE 4, 2019

Lead, follow or get out of the way — that seems to apply to the rise of Open Banking, which promises more financial services innovation, along with greater financial transparency and flexibility. Open Banking Phenomenon. Much of the success of Open Banking depends on education and awareness.

Banking 81

Banking Education Compliance Securities 81

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Read what he had to say below.

Banking 76

Banking Treasury Cash Management Accounting 76

PYMNTS

FEBRUARY 13, 2020

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. That’s a challenge, as banks have traditionally plied their trade through face-to-face interactions. The Benefit For Smaller FIs — At The Branch, Too.

Banking 92

Banking Marketing Accounting Securities 92

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Sales 108

Sales Leverage Securities Banking 108

PYMNTS

MARCH 6, 2020

For banks of any size, the message is clear: Digitize or risk losing customers — or even risk failure. But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task.

Banking 69

Banking Leverage Technology Investments 69

PYMNTS

JUNE 10, 2020

Bank-FinTech collaboration continues as more industry stakeholders consider the value of open banking and areas of operations most prime to benefit from the business model. “We are also having a great dialogue with companies throughout the whole region on how to leverage Banking-as-a-Platform.”

Finance 52

Finance Leverage Construction Banking 52

CFO News Room

JANUARY 17, 2023

Most people have never heard of a SIMPLE IRA and are curious to know the rules, limits and how it differs from a 401(k). And how does it compare to the 401k and other retirement plans that exist? Benefits of the Simple IRA vs 401k. Benefits of the Simple IRA. Where Can I Open a SIMPLE IRA? What is a Simple IRA?

Planning 130

Planning Investments Accounting Numbers 130

PYMNTS

NOVEMBER 9, 2020

Consumers in financial straits may find it difficult to maintain the balances necessary for them to keep their checking accounts open for one example, causing them to become unbanked. million households lacked access to bank accounts as of 2019. In the U.S., and why it appears to be pushing the percentage of unbanked consumers up.

Banking 81

Banking Accounting Leverage Numbers 81

PYMNTS

JUNE 6, 2019

That promises to be the case going forward with Open Banking, as financial institutions (FIs) pick partners and proof of concepts. Open Banking is a global effort that resets the relationships FIs have with FinTech firms, payment providers and financial service providers. “For Open Banking Promise.

Banking 81

Banking Technology Compliance Startups 81

PYMNTS

NOVEMBER 17, 2020

Onboarding these customers can be a tedious challenge prone to fraud and consumer frustrations, and the industry faces the ever-looming threat of SIM swap fraud. The following Deep Dive explores how robust digital identity practices can help mitigate both of these problems. How Onboarding Harshens The New Phone Buzz.

Profit and Loss 107

Profit and Loss Numbers Securities Accounting 107

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Other banking integrations seek to revamp B2B payments. Around The B2B API World.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. Eika Group, EedenBull Team for Banks. Cash flow remains the No.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

CFO News Room

DECEMBER 29, 2022

Open a 529 College Savings Plan. Open a Roth IRA. Open a Health Savings Account (HSA) . Your investment into index funds is also entirely passive, meaning you can open a brokerage account, invest your $30,000, and leave it to grow and compound over time. Here’s how this index performed in previous years: 2021: 26.89%.

Investments 130

Investments Profit and Loss Accounting Finance 130

PYMNTS

FEBRUARY 3, 2020

Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated. APIs and open banking growth. The impact these digital licenses could have on Singapore cannot be understated.

Banking 74

Banking Construction Technology eCommerce 74

PYMNTS

NOVEMBER 16, 2020

In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. The SMB ecosystem is not homogeneous, so Marceau advised against any generalizations as to how to best approach the market.

Technology 115

Technology Finance Financial Analysis Invoicing 115

PYMNTS

FEBRUARY 7, 2019

million in Bink, a startup that lets customers store and view all their loyalty cards on a phone, and also links payment cards to get points and rewards automatically, according to reports. Bink’s seamless Payment Linked Loyalty technology will help customers avoid missing out on valuable loyalty benefits in all areas of their spending.”.

Startups 72

Startups Investments Banking Finance 72

PYMNTS

APRIL 21, 2020

This is leading companies of all kinds to navigate how to reach them remotely. The Royal Bank of Canada (RBC) is one such FI that recently rolled out digital government identity verification capabilities, allowing customers to verify their identities using its RBC mobile app. and 34 other countries. and 34 other countries.

Accounting 121

Accounting Banking Securities Communication 121

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. Open banking-facilitated apps can offer tailored support, reducing the need for in-person services.

Securities 69

Securities Banking Leverage Accounting 69

CFO Simplified

AUGUST 7, 2023

If I told you there’s a service that your customers can use to send you money with confirmed, usable cash in your account in 20 seconds, would you use it? And it’s Saturday, the bank’s closed and there’s only 20 minutes left before the FedEx truck leaves their dock. But not every bank is jumping on the band wagon.

CFO 52

CFO Banking Accounting Accounting Firms 52

PYMNTS

JANUARY 27, 2021

We recognized that the technology that powers insurance was ready for an update and that consumers were ready for an update in how they interact with the industry,” Buddy Co-founder and CEO Charles Merritt said in a recent chat with PYMNTS. “I Flat Rates, Stackable Benefits. We think revolutionary, especially in our category,” he said.

Invoicing 114

Invoicing Startups Planning Marketing 114