Mastercard to buy Minna Technologies
Payments Dive
OCTOBER 2, 2024
The card network will acquire the Swedish business in a bid to provide consumers with a centralized hub for managing their subscriptions.
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Payments Dive
OCTOBER 2, 2024
The card network will acquire the Swedish business in a bid to provide consumers with a centralized hub for managing their subscriptions.
Perficient
NOVEMBER 30, 2022
Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . Real-time payments are going mainstream. . The key difference is real-time payment rails will transact and settle transactions instantly. .
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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. Cash flow stability is also a factor in cash management profitability.
South State Correspondent
JUNE 20, 2024
Banks don’t have enough product managers. A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. This article further explores what it means to be a bank product manager. What is Bank Product Management?
South State Correspondent
NOVEMBER 14, 2024
With almost 30% of our banks utilizing some portion of instant payments, the industry is starting to gather more data on how instant payments impact balances, customer acquisition, and account usage. Instant payments have the potential to change the payment landscape for banks. But those are surveys. bank accounts.
PYMNTS
JANUARY 27, 2021
Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app. Subscription management is part of that.
Perficient
MAY 12, 2023
The Third Industrial Revolution used electronics and information technology to automate production. enables companies, governments, and public sector agencies to use innovative digital technologies, smart automation, and advanced analytics to transform operating processes. What is Industry 4.0? is starting. is starting. Industry 4.0
PYMNTS
APRIL 23, 2020
Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.
Bobsguide
MAY 26, 2022
Generation Life CEO, Grant Hackett OAM , said: “Working together with the GBST team, we have been able to improve and expand our financial technology capabilities to allow us to build out an innovative solution for the retirement income market.
Chris Skinner
MARCH 7, 2017
Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT may radically change how assets are maintained and stored, obligations are discharged, contracts are enforced, and risks are managed.
Abrigo
FEBRUARY 7, 2023
You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH Takeaway 1 The OCC recommends that construction lending risk be managed by specialized real estate and construction lenders who report to the credit department. Takeaway 2 Construction lending risk is unique.
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.
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.
PYMNTS
OCTOBER 8, 2020
As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Fusion Reveals Payments Platform Banks. The firm said it would work with The Clearing House on a new venture to “foster real-time payments.”.
PYMNTS
DECEMBER 14, 2020
In a recent conversation with PYMNTS, Payference Founder and CEO Prashant Kumar said these conflicting B2B payment strategies aren't the only cash flow challenge finance leaders face today. The biggest barrier to cash flow management is putting together the data in a consumable way for executive teams," he said. Optimizing Payments.
Bank Innovation
FEBRUARY 9, 2018
EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to be successful, banks should avoid getting bogged down in one specific technology trend, BNY Mellon told Bank Innovation.
PYMNTS
JANUARY 25, 2021
To help customers handle their accounts receivable (AR) while conserving time and financial resources, pre-accounting technology company Expensify unveiled a bolstered invoicing feature. The upgrade comes on the heels of the company announcing support for bill payments, according to a Monday (Jan. 25) press release.
PYMNTS
DECEMBER 7, 2020
Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. Around The B2B Payments For The Virtual Workforce World. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.
Abrigo
SEPTEMBER 29, 2022
Construction loan management software Construction loan management softwares are a windfall of efficiency for financial institutions. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 2 Using construction loan management software is a good way to mitigate risk.
PYMNTS
MAY 8, 2020
Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. NFC works with digital wallets and powers contactless payments.
PYMNTS
MARCH 4, 2020
The time and effort lost manually filling in information, sorting through receipts and documents to track down missing details and ensuring each claimed item falls within companies’ standards stresses workers as well as the expense managers who must check each field. This is why Paul Davis is turning to new technology, Floyd said.
PYMNTS
NOVEMBER 23, 2020
Global Commercial Cards tailors to the requirements of firms of all different sizes and speeds up the workflow of everyone who participates in the expense management procedure, according to the announcement. With Global Commercial Cards, BBVA has managed to bridge the gap between two worlds: commercial cards and expense management tools.
South State Correspondent
JULY 12, 2023
Next week, FedNow goes live, ushering in the next era of faster payments. FedNow joins The Clearing House, which has offered real-time payments (RTP ® ) for the last five years. Banks are about to win back payment flow from non-banks, and in this article, we break down how this will happen and what it means for your bank.
Bobsguide
MAY 25, 2022
Moneybase is an easy-to-use platform designed to make money simple offering a wide range of services from payments to investments. The in app 3DS2 technology also makes it easy to shop online with Moneybase – allowing customers to approve payments securely within the application itself.
PYMNTS
SEPTEMBER 8, 2020
The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Though technology is accelerating and improving access to information, maintained Schwartz. “A The Advantages Of Centralized Access . You’ve got to adhere to currency cut-off times.
South State Correspondent
MAY 9, 2022
The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.
Bank Innovation
MARCH 20, 2019
It’s time to move beyond merely presenting data and toward helping customers take informed action on their finances with that data, according to Jonas Karles, co-founder and COO of Minna Technologies, a PFM provider for subscription and recurring payment management. We've done the pie chart thing,” he told Bank Innovation. “We
Perficient
MAY 27, 2022
However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.
Perficient
AUGUST 4, 2024
In today’s rapidly evolving digital landscape, financial services organizations are increasingly relying on cutting-edge technologies to stay competitive and deliver exceptional services to their clients. API Management benefits your products & customers as much as it benefits your development teams.
PYMNTS
NOVEMBER 15, 2020
Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. The pandemic has engendered a number of new obstacles for companies.
Abrigo
JULY 27, 2023
Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.
Abrigo
JULY 27, 2023
Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.
South State Correspondent
FEBRUARY 22, 2023
Non-Expert Deposit Pricing Management – How To Destroy Bank Franchise Value The best way to quickly destroy value is to peg a deposit product to an index such as SOFR, Prime, Fed Funds, or Treasuries. However, this doesn’t tell the whole story when it comes to deposit management.
PYMNTS
JANUARY 22, 2021
In pursuit of instant cash management and visibility, treasurers' modernization efforts have been underway for some time, with the global coronavirus crisis greatly accelerating those initiatives as liquidity management has become even more vital to the enterprise's overall health. A Fork In The Road.
PYMNTS
FEBRUARY 1, 2021
Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. As we move toward better and more tools … that process can be automated using newer technologies.” . Reconciliation Challenges.
PYMNTS
OCTOBER 14, 2020
Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Monitoring fuel purchases through both cost and location is a valuable tool for fleet managers to prevent fraud and protect margins.”.
PYMNTS
MAY 28, 2020
To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology. In payment methods, a shift to contactless is underway, and the stage is set for consumers to embrace mobile wallets more widely. All this, Today in Data.
BankInovation
NOVEMBER 2, 2023
Payments fintechs are leaning on technology as consumers look to them to alleviate payments pressure in today’s high interest rate environment. “The
PYMNTS
NOVEMBER 10, 2020
Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs.
PYMNTS
MAY 25, 2018
Among the latest hopes for healthcare payments is blockchain. Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments.
PYMNTS
JANUARY 15, 2021
EedenBull , which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users access EedenBull’s payment and spend platform, according to a report from Finacial IT.
PYMNTS
JUNE 14, 2019
InventoryBase , a platform providing property inspection services to property management companies and letting agencies, is adding a B2B payments feature that lets property managers pay third parties that conduct property visits. Property managers submit a job to the platform to receive bids from potential vendors.
PYMNTS
OCTOBER 13, 2020
13) announced it has begun using San Jose-based firm’s supply chain management platform in its work with consulting clients. The partnership with LevaData comes as Boston-based Bain, through its supply chain management consulting practices, works with companies looking to digitalize their supply chain network. Bain & Co.
PYMNTS
JUNE 11, 2020
Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. That means not only digitizing invoices, but actually integrating payment capabilities on that electronic document, or within the company website itself.
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