PYMNTS

FEBRUARY 24, 2020

Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. The move also means that, as LendingClub had applied for bank charters in the past (with the Office of the Comptroller of the Currency), it decided to buy its way into deposits and checking.

Banking 97

Banking Transportation Accounting Currencies 97

PYMNTS

OCTOBER 19, 2018

Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. Purchases can be categorized as business or personal spend, while users can also add custom tags to purchases. The platform also supports photo capture of receipts to include with expense reports.

Healthcare 55

Healthcare B2B Communication Banking 55

PYMNTS

FEBRUARY 10, 2020

One hundred percent of the proceeds from the sale will go to support Women’s World Banking, a nonprofit that provides women entrepreneurs around the world with financial tools and resources. The simple answer is we want to give brands and retailers the power to manage and monetize their products beyond the point of sale,” Franck said.

Retail 76

Retail Nonprofit Startups Sales 76

CFO Simplified

DECEMBER 26, 2021

Larger companies will require additional positions that work closely with the finance department, such as an HR Manager or attorney. We know, however, that hiring a full-time CFO can come with a hefty price tag. A part-time outsourced CFO provides the strategy of a C-Suite member without the price tag. . Staff Accountant .

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

APRIL 22, 2020

He noted that his firm focuses on cloud-based technologies that, among other things, help with remote IT services, which help IT professionals manage and collaborate to keep tech infrastructure up and running. Power companies, for example, have used remote access to manage power plants that may be distant — and save costs.

Numbers 67

Numbers Technology Securities Sales 67

PYMNTS

OCTOBER 20, 2020

To be sure, subsidiaries such as Waze and Google Maps, and newly installed efforts to bring banking into the Google ecosystem pale, at least as measured as revenue generators, next to efforts that generate tens of billions of dollars annually. Banks, Too . News Tuesday (Oct. buy products) those efforts.

Budgeting 52

Budgeting Banking eCommerce Numbers 52

PYMNTS

OCTOBER 7, 2020

Businesses and financial institutions (FIs) are following suit, reordering their products and services for a new digital normal — but unfortunately, fraudsters are tagging along. Consumers are still placing a premium on speed, with many looking to onboard with new banks or merchants as quickly as possible. About The Tracker.

Securities 89

Securities Banking Leverage Technology 89

PYMNTS

SEPTEMBER 4, 2020

We dive into PayPal's installment options, consumer trust in digital banking, and Walmart and Amazon's battle for the digital consumer. In a filing with New York’s State Department of Labor, the managing director of the Hilton Times Square said the 44-story hotel will close permanently next month and 200 jobs will be lost.

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

OCTOBER 7, 2019

According to reports, there are allegations that a handful of managers within SEPTA cooperated in a fraud scheme with one of SEPTA’s vendors, which is facing claims that it submitted false invoices along with legitimate bills. percent for small banks. Smaller Lenders Fall Victim.

B2B 62

B2B Invoicing Corporate Finance Transportation 62

PYMNTS

MAY 29, 2020

In some cases, when a traditional bank shuts the door on an SMB applicant, a business owner may not know where else to turn for capital. But the price tag is rarely painless. Financing also enables small firms to obtain equipment without making a dent in the lifeline of a bank line of credit. Financing Modernization.

Finance 67

Finance B2C Sales Investments 67

PYMNTS

APRIL 16, 2018

The following year, the firm revealed an extended partnership with Twitter for precise location tagging attached to collections of tweets, not only individual tweets. Ever since, demand for data has continued, and increasingly, companies are deploying API to facilitate data sharing.

Startups 74

Startups B2B Banking 74

PYMNTS

APRIL 27, 2018

Lifestyle banking, including conversational banking components across web, mobile, messaging and voice channels, could be the wave of the future when it comes to consumer financial management. That’s very different from rolling out lifestyle banking experiences to a few hundred customers in a pilot program.

Banking 40

Banking Investments Marketing Startups 40

PYMNTS

JULY 31, 2017

“At Visa, we take pride in our people, our biggest asset,” said TR Ramachandran, Visa’s group country manager, India and South Asia. Murali Nair has been appointed head of client relationship management in India. She brings 15 years of experience in strategic marketing and retail brand management to the table.

Leadership 40

Leadership Retail Marketing Banking 40

Future CFO

OCTOBER 19, 2021

Gartner forecasts that global spending on security and risk management will exceed US$150 billion in 2021 adding cloud adoption and remote working to the mix of reasons for the spend. Such phishing emails usually direct the victim to a fake website to steal sensitive data such as login credentials and banking details. Sim Beng Hai.

Securities 52

Securities CFO Risk Management Finance 52

PYMNTS

DECEMBER 26, 2019

Businesses like incontinence supply seller NorthShore Care Supply are now struggling with the added costs and compliance hurdles involved in managing each state’s tax code. Combining them into gift baskets and other attractive bundles may be a compelling way to attract consumers, but doing so can incur unexpected costs.

Compliance 52

Compliance Sales Retail eCommerce 52

PYMNTS

OCTOBER 8, 2018

However, as Karen Webster noted, perhaps the most surprising outcome of the investigation is just how long this money laundering debacle managed to carry on. Danske Bank’s problems are the biggest and most obvious at the moment, but they point to a much bigger, more puzzling issue that is affecting the financial services industry broadly.

Banking 76

Banking Compliance Budgeting Technology 76

PYMNTS

JULY 25, 2017

At the upper edge of the spectrum, students can be looking at a ~$330,000 total price tag for an education at an elite private college. And with price tags that large, there is going to be a generation of students who are by necessity going to be seeking private student loans. There are currently 13,000 community banks in the U.S.,

Banking 40

Banking Education Finance Technology 40

PYMNTS

APRIL 18, 2017

Dealing with the damage falls mostly to IT providers for 63 percent of firms — as opposed to only 12 percent of banks and 2 percent of police forces who reported being reliant on IT providers to clean up post-hack issues. Banks and police forces tend to have in-house staff for these sorts of issues.

Securities 41

Securities Financial Data Finance Banking 41

PYMNTS

APRIL 1, 2019

Merchants, lenders and banks never see the person on the other side of the transaction, and proving that someone is, well, legitimate is becoming more difficult. The price tag is enormous, as estimated by SentiLink and some of its partners, reaching as much as $2 billion annually — and that’s just for banks. Flavors Of Fraud.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

AUGUST 22, 2016

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. ” The company identified supplier reviews and relationship management as key to better procurement strategies, too. 139 billion could be saved by U.K.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

JANUARY 10, 2018

Mastercard and Bank of America know it’s not easy. They lack background on solutions and management. Estapa doesn’t just want to send around blanket emails; she wants to meet clients where they’re at with more customized messages, and the basic features left her managing a growing number of lists. But they need a jump start.

Communication 40

Communication Banking Planning Sales 40

PYMNTS

MARCH 2, 2016

Last week, Ripple published a report outlining some of its boldest claims about the potential of distributed ledger technology, including that it could save banks money. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.”

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

SEPTEMBER 19, 2017

Google and Intuit have teamed up to boost Australian small and medium-sized businesses (SMBs) with cash management. Plus, the Google Calendar App now integrates with QuickBooks Online and QuickBooks Online Accountant, Intuit tools which help SMBs manage their banking, invoicing, taxes, accounting and employees. Take My Money.

Invoicing 40

Invoicing Cash Management Manufacturing Securities 40

Barry Ritholtz

JULY 11, 2023

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. One is we were securitizing the assets in the auto loan and selling them off to other asset managers because we weren’t able to buy them ourselves. Did you guys just say, we really want to be pure investment management?

Mergers and Acquisitions (M&A) 86

Mergers and Acquisitions (M&A) Investments Finance Technology 86

PYMNTS

DECEMBER 27, 2019

Some families pay more in taxes on diapers in a year than a month’s supply actually costs, Phillip Vander Klay, director of policy and government relations for the National Diaper Bank Network , noted in a recent discussion with PYMNTS. Sales taxes’ price tags. Managing compliance.

Compliance 58

Compliance Auditing Sales Retail 58

PYMNTS

APRIL 4, 2016

The expense management company says that employees that fudge the numbers on their expense reports to get reimbursed are hitting their employers hard. Fideres noted that banks are likely to blame, as they struggle to please both the businesses that issue the bonds and the investors that buy them.

B2B 40

B2B Finance Corporate Finance Numbers 40

PYMNTS

MARCH 25, 2019

Once closed, the conjoined firm will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world. We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis,” he said. “We

Reconciliations 50

Reconciliations eCommerce Retail Currencies 50

PYMNTS

SEPTEMBER 13, 2017

Although the $1,000 price tag was anticipated and expected, it was nearly universally commented upon, as it officially makes Apple the price leader in its category (by about $50, as the latest and greatest from Samsung clocks in with a $950 price tag). Perhaps there is something to that $1,000 price tag, after all.

Retail 41

Retail Advertising Forecasting Numbers 41

PYMNTS

SEPTEMBER 10, 2019

The Rose chips in their first iteration are expected to support the wireless item-tracking tags Apple is also expected to roll out at today’s event — but according to most experts, the new chips will be broadly useful in expanding Apple’s augmented reality capabilities in the iPhone in the future.

Sales 40

Sales Forecasting Marketing Banking 40

PYMNTS

JUNE 4, 2018

The move to open access, according to sources, started with Apple adding the Core NFC framework, which allows apps to use the NFC chip as a scanner for RFID tags, although that feature was very limited. According to reports, the bank ended up handing out so many perks that it caused a $200 million to $300 million hit to its earnings.

Valuation 40

Valuation Leverage Investments Transportation 40

PYMNTS

JANUARY 25, 2018

Thus the firm has sought — with businesses running fleets in mind and also, of course, for individual drivers — to develop technology that can be used for registration, toll payments and even parking meter payments, tying it all to rConnect, a platform that helps manage the plate’s functionality. The company recently raised $11.1

Advertising 51

Advertising Technology Securities Numbers 51

PYMNTS

NOVEMBER 17, 2017

Finally, a couple of partnerships for the eCommerce giant: Ally Bank has launched a new voice banking service powered by Alexa, and Allrecipes has integrated AmazonFresh within some of the site’s top recipes, so customers can have that one missing ingredient delivered to their door on the same day rather than visiting the store themselves.

eCommerce 40

eCommerce Securities Sales Technology 40

PYMNTS

SEPTEMBER 23, 2016

Bitcoins can be accepted as a payment for goods and services or bought directly from an exchange with a bank account. Amazon is set to become the eCommerce leader in India, and bitcoin companies are keen to tag along for the ride. District Judge Alison Nathan and Judge Jed Rakoff in 2014 ruled otherwise. Starting Sept.

Profit and Loss 77

Profit and Loss Currencies eCommerce Leverage 77

PYMNTS

JUNE 24, 2020

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. The move is designed to strengthen Mastercard’s push into open banking in the U.S., And upon bringing some of the same solutions that have been a hallmark of Mastercard’s already extant open banking offerings in Europe to the U.S.,

Financial Data 105

Financial Data Leverage Banking Securities 105

Musings on Markets

DECEMBER 10, 2023

While it is often assumed that key people, at least from a value perspective, are at the top of the organization, usually founders and top management, we will begin this section by expanding the key person definition to include anyone in an organization, and sometimes even outside it. Key Person: Who, what and why?

Valuation 113

Valuation Profit and Loss Entertainment Investments 113

PYMNTS

OCTOBER 16, 2020

Treasury or cash management services that used to be fast enough may therefore no longer be adequate as businesses fight to stay afloat during the economic downturn. Most banks, businesses and treasurers have been aware of checks’ challenges for several years. Breaking Away From Checks . billion in 2018 compared to $8.5

Treasury 76

Treasury B2B Accounts Payable Cash Management 76

PYMNTS

FEBRUARY 10, 2020

As noted last week in the Deccan Herald , Amazon India Country Manager Amit Agarwal noted that the tax could hurt the small businesses it was designed to protect. Facebook had been sued over the use of “tag suggestions,” and had allegedly broken the law by collecting the imagery without asking for permission. The Reaction.

eCommerce 70

eCommerce Banking Sales Retail 70