PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate.

Profit and Loss 59

Profit and Loss Economics Banking Accounting 59

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. Consumers Say Trust, Not Features, Drives New Bank Account Openings (Digital Identity Consumer Survey). In fact, nearly one third of consumers have opened new bank accounts over the past three months.

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

APRIL 18, 2019

Since many European Union (EU) countries have now brought PSD2 and GDPR fully into their financial infrastructures, banks and merchants must prepare for the upcoming Strong Customer Authentication (SCA) rule and its fast-approaching September deadline. The change is just one of many that PSD2 is bringing to payments within the EU.

Compliance 74

Compliance Restructuring Securities Banking 74

PYMNTS

APRIL 22, 2016

In tech, perhaps more than any other industry, the eternal conundrum is to build or buy – innovation. Recent findings by CapGemini in its annual World Banking report show that banks are moving toward the crossroads of the build or buy debate. Yet only 38 percent would steer those same people to their banks. .

Banking 41

Banking Valuation Currencies Technology 41

CFO Simplified

DECEMBER 26, 2021

The purpose of this checklist is to create structure around when to grow, what roles are essential at what business sizes, and how to benchmark your accounting department against industry standards. We know, however, that hiring a full-time CFO can come with a hefty price tag. Company Size. What is a Large Company?

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

APRIL 22, 2020

By way of example, he offered a scenario where, until recently, a bank transaction done over phone would involve an adviser fielding the call and accessing the back-end system with a desktop or laptop. It’s unlikely that a video meeting would be involved.). Some verticals have embraced remote support and access technologies. “Now

Numbers 67

Numbers Technology Securities Sales 67

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. In other industries I could see innovation and people who were fulfilled by their work, and I remember thinking that there must be a way to make accounting enjoyable and fulfilling.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

JUNE 13, 2018

It’s not entirely clear yet how — or if — blockchain will transform the financial services market, but that hasn’t stopped industry players from scrambling to get a leg up on the technology and ahead of the competition. Reports also noted that the number of employees assigned to blockchain projects has doubled year over year.

Planning 44

Planning Budgeting Technology Banking 44

PYMNTS

JULY 1, 2019

Plastic Bank has partnered with IBM to launch a recycling initiative via blockchain. The industry in Haiti is a perfect example of blockchain’s application, not just for commerce, but as a catalyst for social change by ensuring quality, fair conditions and reduced economic volatility.

Currencies 40

Currencies Finance Economics Banking 40

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

OCTOBER 8, 2018

Despite receiving multiple warnings from various sources over the years, she noted in her Monday Conversation with Akli Adjaoute, founder and CEO of Brighterion , that Danske Bank’s Estonian money laundering issue carried on for eight years before journalists exposed the story and forced the bank to act. Webster wondered.

Banking 76

Banking Compliance Budgeting Technology 76

PYMNTS

JANUARY 10, 2018

Mastercard and Bank of America know it’s not easy. That’s why these industry giants make a point of giving the little guys a leg up whenever possible. Mastercard’s “Grow Your Biz” contest for SMBs in Boston, Massachusetts, concluded in December. They lack background on solutions and management.

Communication 40

Communication Banking Planning Sales 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. Scale matters in our rapidly changing industry,” stated Gary Norcross, chairman, president and chief executive officer of FIS , in the press release.

Reconciliations 50

Reconciliations eCommerce Retail Currencies 50

PYMNTS

JANUARY 25, 2018

Think stamped metal translated into bits and bytes, helping to transform a part of the auto industry that has been around for more than a hundred years: license plates. There’s a road — literally — from analog to digital. In the process, might the age-old frustration of standing in line at the DMV, shuffling papers, paying by (gasp!)

Advertising 51

Advertising Technology Securities Numbers 51

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. As such, he knows a few things about how the fraud industry works – and yes, it is an industry.

Securities 48

Securities Accounting Entertainment Banking 48

PYMNTS

NOVEMBER 17, 2017

Here’s what the industry giants have been up to, just in case you missed it. Similar to the new iPhone X’s $999 price tag, the whole thing may seem like a bit much, but clearly not to the thousands of users uploading these part-cute, part-creepy videos to YouTube and social media.

eCommerce 40

eCommerce Securities Sales Technology 40

PYMNTS

MAY 15, 2018

Users may be required to take selfies or submit additional documentation, such as bank statements or utility bills, that ground them to a physical place. Data tagging is how ground truth is established. In that industry, there may be a propensity for a certain type of fraud, such as using multiple IDs to support multiple accounts.

Auditing 51

Auditing Compliance Securities eCommerce 51

PYMNTS

AUGUST 22, 2018

No one wears just one suit of armor, and no one shops in just one place when it comes to the mixing and matching of that armor, the hunting for designer names and comparing price tags against the waxing and waning of one’s bank account. We are redefining how fashion is bought and sold through technology, data and innovation.”.

Retail 40

Retail Numbers Valuation Investments 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. And then the biggest thing in the credit card business in the late 90s or early 90s, those who were great at data and data analytics dominated the industry and essentially put others out of it. RITHOLTZ: Right. RITHOLTZ: Right.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Investments Finance Technology 85

PYMNTS

OCTOBER 19, 2020

Banks and traditional financial institutions (FIs) are grappling with modernization or core systems at the worst possible time, but “bad timing” is often an excuse for lack of preparation. FinTechs Helping To Future-Proof Banks. That’s the superpower they can bring to big banking at a time when much depends on partnerships. “In

B2C 67

B2C Banking Treasury Invoicing 67

PYMNTS

OCTOBER 21, 2019

For those who see Libra as the hero — where an alternative currency takes root and challenges central bank fiat, gains acceptance, promotes financial inclusion for more than a billion people — this past week’s event means that the Libra Association will live to fight another day. and Women’s World Banking. That’s a pretty wide net.

Currencies 43

Currencies Nonprofit Banking Securities 43

Barry Ritholtz

MAY 30, 2023

BRYANT: And so when this guy told me that we’re, at that time, 10,000 banks, hundreds of thousands of bankers, 100,000 banks. RITHOLTZ: Were there banks in your neighborhood or were you an unbanked … BRYANT: Well, I mean, it was so few you knew where they were, put it that way, right? RITHOLTZ: Okay. RITHOLTZ: Right.

Economics 56

Economics Education Profit and Loss Banking 56

PYMNTS

APRIL 18, 2016

Plus, research places a price tag on B2B sales efforts, the alternative lending industry and small business expense practices. Expanded globally, the price tag of wasted money hits $1.4 All the stats funnel into the picture of how companies are spending their money — sometimes, not so wisely. trillion every year, reports said.

B2B 40

B2B Finance Invoicing Sales 40

Musings on Markets

DECEMBER 10, 2023

From Alfred Sloan at General Motors to Jack Welch at General Electric to Steve Jobs at Apple, there is a history of CEOs being tagged as superstars (and indispensable to the organizations that they head), in successful companies. That may explain why Berkshire's stock price was unaffected by Munger's passing.

Valuation 113

Valuation Profit and Loss Entertainment Investments 113

PYMNTS

FEBRUARY 3, 2017

Bridge Bank provided $4 million in funding to BuyerQuest, a U.S.-based million investment round led by Heartland Bank. Heartland Bank, meanwhile, hopes working with Spotcap will help it gain exposure to the small business lending landscape in both New Zealand and Australia. BuyerQuest. 31) a nearly $14.6 LendingFront.

B2B 50

B2B Startups Finance Investments 50

PYMNTS

SEPTEMBER 11, 2018

trillion insurance industry has continued to rely on legacy methods and processes. Cardi described mobile apps as “game changers” for the claims disbursement process, largely because they offer the ability to turn a friction-filled game of telephone tag with an agent into a self-service process. The (Faster) Future Of Insurance Claims.

Investments 40

Investments Accounting Planning Sales 40

PYMNTS

AUGUST 2, 2018

And financial service providers – especially banks, Ashbacher noted – need to do a better job of presenting themselves to their customers as trusted financial advisors who can help them actually manage their money. The study shows that consumers both trust banks – and don’t. That’s a very powerful starting point.

Education 40

Education Budgeting Banking Finance 40

Barry Ritholtz

MAY 23, 2023

Then suddenly in the ensuing weeks, you get tagged to be CEO. GREW: So, I got a call and this one was ultimately from a recruiter who’s working for Lehman Brothers, an investment bank, a bond house. RITHOLTZ: Sure, all the little banking things, yeah. GREW: All the little banking things from whatever. RITHOLTZ: Right.

Investments 60

Investments Finance Construction Technology 60

CFO News Room

NOVEMBER 1, 2022

So, for us, we really are seriously asking, give us three months of bank statements, three months of credit card statements. Michael: So, as they start sending in things like bank statements and credit card statements, you’re manually digging into that stuff to try to actually organize their spending and cash flow information?

Planning 130

Planning Investments Accounting Math 130

PYMNTS

FEBRUARY 1, 2021

An article published in the Harvard Business Review in August of 2009 posed a question that many airline and travel industry CEOs are pondering 11 years later: Will videoconferencing kill business travel? Given its hefty price tag and IT requirements, the technology was installed in conference or board rooms and not individual offices.

B2B 138

B2B Technology Communication Entertainment 138

Strategic Treasurer

DECEMBER 27, 2021

That needs an answer that’s a bit calibrated because it depends on the industry mostly, somewhat to some extent on the particular company. So, this ability to house lots of these connectors that help you connect either internally to your systems with banks, with other information providers or trading partners.

Treasury 52

Treasury Currencies Banking Planning 52

PYMNTS

DECEMBER 22, 2016

PayPal doubled down on that this year right down to the wire with the announcement of two new partnerships with credit card issuing behemoth Citibank and financial technology firm FIS, which will enable both the easy provisioning of PayPal cards via the bank’s mobile app and a co-branded experience for the banks.

Securities 60

Securities Economics Banking Sales 60

PYMNTS

DECEMBER 26, 2016

The year may be coming to an end, but the payments industry showed that there was still plenty of time in December to forge new partnerships and pursue new endeavors before singing “Auld Lang Syne.”. Both will enable an easy provisioning of PayPal cards via the bank’s mobile app, and both will enable a co-branded experience for the banks.

Banking 44

Banking Securities Finance Sales 44

Barry Ritholtz

APRIL 25, 2023

Really there are a few people in the industry with a better perch on what’s going on, a better position to see the industry, which, depending on which survey you read, is anywhere between $38 trillion and $97 trillion. RITHOLTZ: They’re working an actual career in the industry and teaching part-time.

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60

Barry Ritholtz

DECEMBER 20, 2022

To lead the bank’s efforts in investing in sovereign debt restructurings and to bring our clients along was a great experience. How has the industry changed? Go back right after 2008, every bank made markets. Every bank had balance sheet. And I got to learn a lot about how markets function or not.

Restructuring 60

Restructuring Investments Marketing Banking 60

Barry Ritholtz

MAY 2, 2023

First, if you’re interested in watches, it’s amazing to talk to guys who have known so much and are so plugged into what’s going on in the industry and really are right in the middle of what’s become a speculative boom in timepieces. Banks, legitimately. This is 2012, 2013, was enormous in the industry.

Retail 64

Retail Advertising Numbers Economics 64

Barry Ritholtz

APRIL 2, 2024

“After a brief and undistinguished career at the Bank of England” You return to academia as a professor of econometrics at the University of Bristol Who puts that in their CV? So it was only when it became a sort of industrial society and finance crept in and so on that you begin to get these enormous spread.

Healthcare 56

Healthcare Economics Math Education 56