South State Correspondent

SEPTEMBER 20, 2023

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. As such, operating accounts have low-interest rate sensitivity.

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South State Correspondent

AUGUST 22, 2023

If one product is the future of banking, it is treasury management. In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. It starts by targeting the right customers.

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Management Community Bank Survey Community 195

PYMNTS

JUNE 12, 2019

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. With the tie-up, the items are listed under handles for regional Goodwill locations.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release.

Management 179

Management America New York Regional 179

PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

How To 239

How To Payments Management social media 239

Abrigo

OCTOBER 9, 2024

In this blog, we explore how banks and credit unions have adapted their approach to Q factors under CECL and share insights from an Abrigo advisory webinar on managing this critical part of the ACL process. For example, "If you're an institution that operates on the coast, you probably have real seasonal risk from weather.

Risk Management 195

Risk Management Management Compliance Data 195

PYMNTS

APRIL 10, 2020

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS. Preparing For The Future.

Technology 360

Technology Company Operations Payments 360

Perficient

MARCH 3, 2021

We were honored to collaborate with MiHC to develop the La Puerta portal at no cost,” said Joel Stanesa, general manager of Detroit operations, Perficient. La Puerta is available to MiHC’s partner schools, with plans to scale access regionally and nationally over time.

Detroit 520

Detroit Michigan Community Resources 520

PYMNTS

FEBRUARY 15, 2019

In a move to better control shipping and logistics, Amazon has been expanding Amazon Air, with 50 new planes and numerous regional hubs, according to a report by CNBC. I think the question is just how quickly they will ramp that operation.”. and this year it’s opening regional hubs in Texas, Ohio, and expanding one in Illinois.

Kentucky 182

Kentucky Management Illinois Ohio 182

PYMNTS

JANUARY 15, 2021

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. 7 and are due in 2031, Bloomberg said.

Regional 207

Regional America United States Operations 207

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

United States 286

United States Regional America Trends 286

PYMNTS

JULY 5, 2020

We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time. Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. billion funding round for Tokopedia. “We

Google 264

Google Regional Retail Groups 264

PYMNTS

NOVEMBER 17, 2020

With a focus on its corporate customers, Progress Bank , which operates in Alabama and Florida has tapped data and financial management technology company Sensibill to integrate its digital receipt management capabilities. AIB's receivables financing operations in the U.K.

Fintech 247

Fintech Alabama Lending Software 247

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

OCTOBER 26, 2018

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. “As business operations become more complex, corporates want solutions that are simple and digital to optimize efficiencies.” Reports in The Asset on Thursday (Oct.

Cards 199

Cards Regional Survey Tools 199

PYMNTS

JUNE 15, 2020

Supply chain disruptions and economic volatility have elevated risk exposure for many enterprises, but for small- to medium-sized businesses (SMBs) operating globally, that risk of exposure can be catastrophic. Indeed, for some SMBs, it already has, with economists anticipating a wave of bankruptcies and permanent SMB closures ahead.

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The card program allows financial institutions to establish commercial cards and rewards programs and to manage those accounts.

Fintech 248

Fintech Cards Management Regional 248

Bobsguide

MAY 11, 2022

ERI is proud to announce that its digital front-to-back technology platform – the OLYMPIC Banking System – has been awarded Best Operational Efficiency Solution at the Asian Private Banker-7th Technology Awards. ERI has prevailed in one of the most hotly contested categories is testimony to the strength of its cutting-edge solutions.

Operations 106

Operations Technology Regional Financial Technology 106

PYMNTS

NOVEMBER 1, 2020

MCI sold one of its own portfolio companies, data center operator ATM Group, to a fund backed by Goldman Sachs for $135 million, Bloomberg reported, and the recent deals have generated optimism among the private equity fund's leadership. The company's website stated that it was founded in 1999 and is 76 percent owned by management.

ATM 243

ATM Leadership Capital Online 243

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. For more community banks, the latter strategy can fast-track digitization initiatives.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

NOVEMBER 12, 2020

Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

MARCH 20, 2020

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. The competition will be keen.

Big Data 203

Big Data Lending Operations Regional 203

PYMNTS

SEPTEMBER 28, 2018

To allow ATM operators and acquirers to use Dynamic Currency Conversion (DCC) around the world, Visa is growing its Visa/Plus ATM services and updating its rules. Among several pockets of international regions of growth, India saw growth of more than 20 percent year on year, according to management commentary.

ATM 186

ATM Operations Regional Trends 186

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. The Digital Shift Report examines the various ways that businesses are updating and automating their transaction methods as they cope with the challenges of operating during a global crisis.

Cards 267

Cards Payments Leadership Report 267

PYMNTS

DECEMBER 7, 2020

NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts. operations to PNC Bank , creating the fifth-largest regional player in the U.S.

Google 282

Google Examples Regional Lending 282

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. Additionally, the transfers take many days.”.

Payments 232

Payments Regional Data Technology 232

PYMNTS

MAY 8, 2020

In an interview with Karen Webster, Carleigh Jaques, senior vice president and general manager of CyberSource , a Visa solution, said commerce is now different, especially for smaller enterprises. Rationing has, in turn, forced merchants to address inventory management in new ways, including on a digital checkout page.

Cards 260

Cards Fraud Online Operations 260

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

Perficient

SEPTEMBER 2, 2020

Once this setting has been turned on, Teams meeting recordings will be saved in the data center closest to that region. Access/Manage Visio files in Teams. In addition, Microsoft has indicated they will be making some enhancements to Visio for web by adding multi-page operations. VMWare Horizon 8 Optimized for Microsoft Teams.

Video 539

Video Meeting Maine Mobile 539

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248

America Regional Fraud Mobile 248

PYMNTS

DECEMBER 29, 2020

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers. Platforms and single access points help bridge the gap between traditional banks and eCommerce.

Digital Banking 289

Digital Banking Compliance Online Payments 289

PYMNTS

OCTOBER 7, 2020

In an interview with PYMNTS, Alastair McGill , general manager of Data Control Solutions at Broadridge Financial Solutions, said payments processing in Europe has undergone significant change over the last decade. Both the application and the operational team support cross-border transactions,” he told PYMNTS.

Payments 229

Payments System Operations Training 229

PYMNTS

JANUARY 12, 2021

“Curve’s pioneering approach to finance is more necessary than ever as we accelerate globally to a digital-first world,” said Bobby Aitkenhead , Managing Partner of IDC Ventures. . is being managed by Amanda Orson , vice president and head of North America. The first office in the U.S. headquarters. The expansion to the U.S.

Fintech 220

Fintech US Samsung Capital 220

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Equiniti Eyes APIs for Risk Management. Bectran Augments Cash Application With API.

Lending 194

Lending Risk Management Fintech Community 194

Abrigo

JUNE 14, 2021

Management commitment As with any compliance program, one of the most important aspects of a strong SCP is a “culture of compliance,” from the top, to the middle, to the front line. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

JUNE 18, 2020

Founded in the Zeeland region of the Netherlands 55 years ago, Roompot is one of the largest holiday parks and campsite operators in Europe. It also provides booking and other services to more than 100 third-party park operators, the company said.

Company 168

Company Regional New York Operations 168