PYMNTS

FEBRUARY 24, 2020

Intuit closed a deal to buy Credit Karma for a price tag of $7.1 Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. billion on Monday (Feb.

Startups 60

Startups Banking Technology Sales 60

Simply Treasury

JUNE 3, 2021

Here again, it seems to us that the need to dematerialize, digitize and automate is logical to make companies more resilient and efficient in their financial management. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

FEBRUARY 24, 2020

The stories come with significantly different price tags: $185 million and $13 billion. Yet, some common threads unite the respective bids by LendingClub for Radius Bank and by Morgan Stanley for E-Trade , with a nod toward the changing financial services landscape and serving customers through “one-stop shop” platform models.

Banking 97

Banking Transportation Accounting Currencies 97

PYMNTS

DECEMBER 29, 2019

Ivory Coast President Alassane Ouattara and French President Emmanuel Macron said earlier in December that the UEMOA would sever several financial ties with Paris. Ghana said in October that it was planning to eliminate paper from most services and transactions by next year, as it aims to become Africa’s most digitalized economy.

Currencies 53

Currencies Treasury Economics Planning 53

PYMNTS

JUNE 6, 2019

Those customers, according to the financial publication, are having funds transferred to other Chase accounts, across savings and checking options. Beyond that, the competitive landscape had been marked by Goldman Sachs and Ally Financial, among others, noted for offering higher interest rates on their accounts — a feature JPMorgan eschewed.

Banking 56

Banking Accounting Numbers Technology 56

PYMNTS

FEBRUARY 19, 2018

When a consumer or a company wants to send a payment, they can now do so instantly from their smartphone with services such as Apple Pay or Venmo. percent of financial institutions are focused on new products, according to the PYMNTS Bank Innovation Readiness Index. To help drive innovation, 25.5 About a third — or 33.2 A whopping 42.5

Startups 57

Startups Retail Banking eCommerce 57

PYMNTS

APRIL 16, 2018

The company already offers location identification services to companies like Snapchat and Uber, enabling geolocation within their own platforms. Now, Foursquare is extending this service to SMBs via its Places API for Startups.

Startups 74

Startups B2B Banking 74

PYMNTS

MAY 28, 2020

Google’s security experts had their hands full in April, as its Threat Analysis Group (TAG) emailed 1,755 warnings to users whose accounts were targets of hacking and phishing attempts by cybercriminals. SoFi Powers Samsung Pay Mobile Banking Services. Plus, Samsung and SoFi have partnered to offer a new mobile money management tool.

Economics 52

Economics Banking Investments Finance 52

PYMNTS

APRIL 14, 2019

Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. The big price tag to acquire new video games also highlights the fact that competition is fierce to land exclusive rights to top content.

Investments 43

Investments Budgeting Sales Marketing 43

PYMNTS

SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. Consumers’ changing views are prompting MENA financial authorities to reexamine how their present regulations handle online privacy.

Banking 70

Banking Securities Compliance Finance 70

CFO Simplified

DECEMBER 26, 2021

You may also find that your bookkeeper offers some fractional higher-level services as you approach the larger size of this small business category. At this level, there is enough complexity that CFO services can positively impact business decisions. We know, however, that hiring a full-time CFO can come with a hefty price tag.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

NOVEMBER 27, 2018

After a preliminary review, it doesn’t appear that any financial information was exposed. Other clients were tagged as “dangerous,” while others were blocked due to “police enquiries.” But for some, the information exposed could still cause harm.

Communication 51

Communication Startups Numbers Securities 51

PYMNTS

JULY 21, 2017

As reported Friday (July 21), American multinational financial services firm Blackstone and private equity firm CVC Capital Partners have bid to acquire payments processor Paysafe Group. And, in other news, Paysafe is making its own play for payment services provider Merchants’ Choice Payments Solutions (MCPS).

Sales 43

Sales Marketing 43

PYMNTS

OCTOBER 20, 2019

Ghana says it plans to eliminate paper from most services and transactions by next year as it aims to become Africa’s most digitalized economy. The government claims that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

Leverage 42

Leverage Planning Technology Numbers 42

PYMNTS

AUGUST 15, 2019

Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away. Loss rates, the analysis said, may settle somewhere between that seen with Discover Financial Services and Capital One. “As

Profit and Loss 59

Profit and Loss Economics Banking Accounting 59

PYMNTS

AUGUST 29, 2019

28) said Gallagher researchers are urging small and medium-sized businesses to develop incidence response plans amid revelations that such crises result in major financial losses. Seventeen percent also said they spent more than $12,000 to address the issue, while 9 percent said the price tag exceeded $24,400. on Wednesday (Aug.

Securities 41

Securities Planning Accounting B2B 41

PYMNTS

MAY 28, 2019

And, to meet their day-to-day needs, more consumers are tapping into digital platforms seeking top-notch customer support and seamless service. It will be increasingly critical, then, for firms to offer frictionless and simple service experiences to this diverse customer base. By 2021, close to 90 million – or 86.5 billion in 2017.

Communication 63

Communication eCommerce Retail Technology 63

PYMNTS

JUNE 1, 2020

Some of the most at-risk targets include businesses in the financial services, consulting and healthcare arenas, the blog post noted. 555 billion is the price tag small businesses could see as a result of data breaches , according to recent analysis by iomart. Taking into account the estimated 30.2

B2B 59

B2B Construction Healthcare Securities 59

PYMNTS

JANUARY 19, 2017

While few working applications of blockchain technology are in use today by financial service providers, the industry continues to place its confidence — and money — behind the technology. The latest is global consulting firm McKinsey, whose new report has put a price tag on the potential of blockchain: $110 billion.

Treasury 79

Treasury B2B Education Technology 79

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. Marrying Tech With Accountants.

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

OCTOBER 20, 2020

In other news surrounding eCommerce, Google has reportedly been testing ways users can tag products seen in YouTube videos — and monetize (i.e. That brings the total to nine, we note, and helps consumers manage their daily financial lives through budgeting and other tools. buy products) those efforts. Banks, Too .

Budgeting 52

Budgeting Banking eCommerce Numbers 52

PYMNTS

MAY 11, 2017

Reports Wednesday (May 10) said Moneycorp has agreed to acquire Commonwealth FX, though the companies did not disclose the price tag of the deal, but did say that it would finance it by paying 20 percent using cash on hand. particularly well,” he told the publication. million in value, according to reports.

Foreign Exchange 43

Foreign Exchange B2B Finance Leverage 43

PYMNTS

NOVEMBER 6, 2018

expresses interest in a new RTGS system, financial players in the country are also working to improve existing schemes. Recently, NACHA — The Electronic Payments Association approved three new rules to update Same Day ACH services. Meanwhile, Early Warning Services ’ Zelle network is also getting more robust. Even as the U.S.

Education 53

Education Banking Leverage Numbers 53

PYMNTS

FEBRUARY 5, 2020

The initial focus on Wall Street and beyond may have been, and may still be, the price tag: At a reputed $30 billion, the bid price was roughly 10 percent over eBay’s closing price coming into The Wall Street Journal report that shed some light on the offer. No, thanks. But also on Wednesday (Feb.

CFO 53

CFO Sales Marketing Investments 53

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. ” The job opening is for a Sales Coordinator, reports said.

Planning 44

Planning Budgeting Technology Banking 44

PYMNTS

SEPTEMBER 30, 2019

That figure is compounded by data that indicated fewer consumers are reporting stronger financial health than 12 months ago and fewer believing the economy is still improving. That, among other things, means being strategic about what differentiated value-added services to offer and then implementing them with highest of efficiency,” he said.

Budgeting 43

Budgeting Retail Planning 43

PYMNTS

APRIL 28, 2017

Satellite radio broadcasting company SiriusXM just recently announced the acquisition of consumer and enterprise connected vehicle services company Automatic, which makes connected-car OBD-II ports, adapters and related apps for iOS and Android. trillion in additional revenue potential in the automotive industry by 2030.

Manufacturing 43

Manufacturing Securities Investments 43

PYMNTS

OCTOBER 30, 2018

In the melding of tech and banking services, the goal is an ambitious one: to create a private banker in digital form — a chatting, knowledgeable persona that interacts with the consumer, using twin high-tech engines of machine learning (ML) and artificial intelligence (AI). Easier said than done. Things are getting there, it seems.

Concentration 64

Concentration Technology Banking Securities 64

PYMNTS

OCTOBER 18, 2016

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage.

Securities 77

Securities Budgeting Investments Planning 77

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. Higher volumes of consumers are continuing to shop online even as brick-and-mortar stores reopen.

Securities 89

Securities Banking Leverage Technology 89

PYMNTS

JANUARY 22, 2020

The whole [disbursements] process now is set up for self-service,” he said. “It So we set [payments] up in a way that [they] have a choice of which service to use and they can express their preferences based on what suits them.”. Its disbursements are completely online and allow creatives to opt how they would like to be paid.

Prioritization 52

Prioritization Currencies Investments Accounting 52

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. Kasisto CEO Zor Gorelov said that, for most banks, it makes more financial sense to license an AI from a FinTech than to build their own.

Banking 40

Banking Investments Marketing Startups 40

PYMNTS

APRIL 22, 2016

But the more startling stats that come out of this survey are these: Almost all banking executives, at 96 percent of those surveyed, know that the trend its toward digital services. The affordability goes beyond the price tag. Only 18 percent say they would look to actually buy a FinTech firm, or the technologies they own.

Banking 41

Banking Valuation Currencies Technology 41

Future CFO

OCTOBER 19, 2021

Many finance processes are already running remotely, and they incorporate some of the most sensitive data within an organization, including customer and supplier financial data. A 2020 Gartner CFO Survey found that nearly 3 out of 4 CFOs intended to shift at least 5% of their previously on-site staff to permanently remote roles post-COVID-19.

Securities 52

Securities CFO Risk Management Finance 52

PYMNTS

JULY 29, 2019

Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. The big price tag to acquire new video games also highlights the fierce competition to land exclusive rights to top content.

Retail 48

Retail Sales Budgeting Marketing 48

PYMNTS

JULY 2, 2019

According to that report, “This is the first time Uber has so prominently displayed a third-party’s services within its own app.” Bike and scooter sharing are expanding to more cities as mobility-as-a-service retail offerings continue to grow. and San Diego, Calif.”. Uber and Lime officially partnered about a year ago.

Transportation 43

Transportation Retail Technology Marketing 43

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. Lending-as-a-Service.

Banking 40

Banking Education Finance Technology 40