Bank Innovation

APRIL 4, 2018

EXCLUSIVE – When The Clearing House (TCH) rolled out realtime payments last November, one would think banks would quickly jump on that bandwagon, right? Wrong, according Vinay Prabhakar, head of markets strategy, Payments at Finastra. The problem, as it often is with big institutions, comes down to the bottom line. "We

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Payments Marketing Strategies Strategy Marketing 186

South State Correspondent

SEPTEMBER 20, 2022

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

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Independent Banker

DECEMBER 31, 2021

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. Although posting organically is an authentic way to build customer relationships, it requires time and patience to reach marketing goals.

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Marketing Strategies Strategy Marketing social media 91

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As Merchants that had focused on getting customers to increase time in stores switched to efforts to decrease time in stores, with digital payments playing a key role.

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Retail Payments Online Marketing Strategies 211

Bank Innovation

DECEMBER 13, 2019

In this episode, Suman Bhattacharyya, senior editor, and Angely Mercado, associate editor, discuss the following news developments: Corporate card and financial product startup Brex’s marketing strategy; Inspired Capital’s recent investment in business banking platform Rho; and […].

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Strategy Branding Video Marketing Strategies 243

ATM Marketplace

APRIL 4, 2019

Mark Bunney, director of market strategy at Ingenico, recently spoke with Mobile Payments Today editor David Jones about the current state of the global payments business and its likely future in world in flux.

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PYMNTS

FEBRUARY 2, 2021

The company’s entire marketing strategy will be far different than its B2C approach, he said, noting that the company will be embracing channels like LinkedIn to reach new B2B buyers. Adjusting marketing, sales and supply chain strategies to meet B2B buyers’ specific requirements is only one part of a successful B2B commerce strategy.

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PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. This creates new challenges and paradigms for payment flows. Getting Closer To The Consumer.

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Perficient

FEBRUARY 1, 2021

Sales and Marketing. Payment Options. For consumers wanting to purchase a car, the chatbot walks them through their payment options and provides different scenarios based on decisions like down payment or monthly payment maximums. Simple Questions.

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Strategy Branding Online Marketing Strategies 409

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets.

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Abrigo

FEBRUARY 12, 2025

These models influenced marketing strategies, collections, and fraud detection tools. Mobile applications became widespread, and lenders started to look at alternative data sourceslike rent, utility payments, and telecom datato expand access to credit and improve the accuracy of risk assessments.

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Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Ally Financial Inc.’s Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

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Accenture: Banking

MAY 22, 2019

I am excited to have Tim O’Donnell join our Payments team as a managing director and draw on his insights in developing this blog. For years, banks have enjoyed a low bar on CFO expectations around payment product sophistication and innovation. Digital-native new entrants have distinct advantages in corporate payments.

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Payments Customer Experience Survey Management 150

PYMNTS

MAY 19, 2020

According to market leader Quotient Technology , some retailers, as a result of COVID-19, have stopped accepting paper coupons altogether and have directed shoppers to their digital paperless coupon programs. “As It is important for retailers and CPGs to engage with shoppers and meet their demands for savings and digital solutions.”.

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PYMNTS

NOVEMBER 22, 2019

The Chinese eCommerce market has indeed proved buoyant, even in the face of geopolitical tension. It makes sense that many Western firms – retailers large and small among them – would desire entry into a market where hundreds of millions of users stand ready and able to click and buy.

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PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Vosburg said the movement toward such innovation starts with the data, but doesn’t necessarily end with the payment. Big data, it used to be called.

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PYMNTS

AUGUST 12, 2020

According to Pogreb, the industry now has an opportunity to embrace market disruption in ways that can strengthen customer ties and get capital into the hands of business owners who desperately need it as quickly and painlessly as possible. What has changed, however, is how they want to buy products and receive claims payouts.

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PYMNTS

DECEMBER 23, 2020

It’s all about being pragmatic, Hondal said, through the use of old-school cause-based marketing that emotionally connects with and matters to consumers now more than ever. She said simple things like sending a “thank you for giving me your business” note is old-school marketing at its best — and it works. How To Proceed.

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South State Correspondent

MAY 2, 2022

Some will not know the answer, and other bankers will talk about more marketing, more salespeople, more geography, better follow-up, or a more focused sales effort. Neither the product staff nor the marketing staff knows what they don’t know. Here is a fun exercise – Ask a bank product team, “How do you grow customers?”

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Payments Source

MARCH 28, 2019

Once Apple looked at the state of its existing ecosystem, it identified a space it could uniquely deliver on, and activated the partners needed to make it come to fruition — a perfect example of the concept of ecosystem enablement, argues Frank Kenney, director of market strategy for Cleo.

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PYMNTS

OCTOBER 8, 2019

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. 7) said Visa and Payment Logic are launching Yak Pay, a new company that connects small businesses with a supplier payment solution. Reports in IT Wire on Monday (Oct.

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South State Correspondent

DECEMBER 12, 2024

If you are conducting bank strategy or marketing around demographic information, at best you are being lazy and ineffective. At worst, you are being sexist, ageist and a bunch of other names that can hurt your culture and reputation while wasting your marketing budget. This is not a trick but effective marketing.

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PYMNTS

APRIL 21, 2017

For the first time, Shopify is introducing its own payments hardware to the market with what they are calling a unique approach to the standard card reader. The new EMV-compliant device made its first public appearance at the firm’s Unite developer conference in San Francisco.

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PYMNTS

DECEMBER 16, 2019

Commercial payments technology company WEX announced on Monday (Dec. In a plan slated to go live by the second quarter of 2020, WEX has agreed to manage Valero’s fleet card program, and introduce the ability for current customers of Valero’s fleet card products to make mobile payments.

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PYMNTS

MARCH 20, 2020

And for the payment facilitators (PayFacs) and independent software vendors (ISVs) that serve merchants through software and services that help those firms to accept payments, as Daniela Mielke, CEO of RS2 Software, told Karen Webster, the ripple effects will be enormous. “We PayFacs, said Mielke, may face considerable fallout.

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Software Examples Payments Industry 169

PYMNTS

OCTOBER 10, 2017

That’s the first thing Donald Kasdon, chief executive officer of credit card processing and payment solutions provider T1 Payments , said he asks when considering whether the processor should take on a new merchant. Such is the case with a travel discounter T1 Payments later ended up taking on as a client.

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PYMNTS

MAY 14, 2020

While certain markets are indeed thriving — in particular, eCommerce, digital learning and online gaming — Nanu noted that some businesses will face greater friction than others when adjusting to the reality of a market in which physical interactions with customers aren’t likely to return for some time.

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PYMNTS

MARCH 8, 2017

In fact, when it comes to FinTech companies, thinking “small” by focusing and serving a relatively small number of huge markets may provide the best opportunity to drive more impactful revenue with sustainable and profitable growth. David Weiss, president of YapStone , shared with PYMNTS some big misconceptions about market specialization.

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PYMNTS

DECEMBER 30, 2019

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Beyond Legacy Payment Rails.

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PYMNTS

OCTOBER 20, 2020

"The pandemic has brought into very clear focus how commercial trading partners are struggling, with cash flow challenges due to payment slowdowns among the biggest contributors," says Dean Leavitt, founder and CEO of Boost Payment Solutions. contributed by Dean Leavitt , founder and CEO of Boost Payment Solutions.

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Matt Wilcox Pro

OCTOBER 26, 2020

I realize that “it seems like it was just yesterday” is a tired cliché, however, it seems like it was just yesterday that I joined Fiserv as Managing Director, Marketing Strategy and Innovation, Digital Payments. In fact, it was seven years ago this month.

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Marketing Strategies Strategy Innovation Management 97

PYMNTS

MARCH 1, 2019

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. growth trajectory, particularly in the healthcare and public sectors. Contrast Security.

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Payments Source

JULY 5, 2018

appeals court is the latest of many episodes in a battle between merchants and card brands that has influenced regulations, technology, market strategies and nearly all other aspects of the payments ecosystem. This week's ruling from a U.K.

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Marketing Strategies Payments Strategy Branding 69

PYMNTS

JULY 31, 2020

CANDIS said it will use the investment to further its machine learning (ML) engine capabilities and focus on expanding its footprint throughout the European market as it aims to arm SMBs with automated technologies to manage finances and streamlined collaboration with tax accounting firms. The company raised $17.25

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PYMNTS

NOVEMBER 5, 2019

As merchants go global, the pressure grows for payment capabilities to localize. As an expansion of TTS’ offerings, Spring by Citi pulls consumer-facing payment tools into the broader arena of back-office cash management in a B2B2C business model of transaction banking. Learn more: [link] pic.twitter.com/1xZ204A8Cp.

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Management Payments Strategy Trends 106

PYMNTS

AUGUST 13, 2018

The fallout within the United Kingdom’s construction industry, due to late payments, continues. The marquee exhibit in the field continues to be the Carillion failure, which has led to a repeated outcry for more stringent efforts and legislation to monitor and enforce payment terms. Still Too Much Paper.

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PYMNTS

MARCH 30, 2020

With many B2B suppliers struggling to hold onto revenue streams as corporate buyers cancel orders and withhold payment, finding new customers is critical to surviving the volatility. According to Bob Good, founder and CEO of Good Leads , chief marketing officers and their sales teams are left scrambling to adjust their outreach strategies.

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