Fintech

Fintech

payments technology stuck in the past
Fintech Payments Technology

Legacy Systems: Are Payment Methods Stuck in the Past?

By AW de Vries, Co-founder & CEO, Silverflow Despite handling countless transactions daily, the payments industry operates on a foundation of outdated technology. While these legacy payment systems have been deeply entrenched for years, recent advancements have opened the door for modernization. These legacy systems ...
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banks and fintech partnerships
Banking Fintech

Does Your Bank Partnership Fit Your Fintech? Four Factors to Consider

By Michael Wilson, Managing Director at Monex USA The banking-as-a-service model is changing, and fintechs that move money must be prepared. The FDIC recently introduced a proposed rule that will further affect bank-fintech relationships, putting banks squarely in its crosshairs. This rule would require banks to ...
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fintech investment shrinks
Fintech Payments Trends

Low fintech investment could be just what we need

By Scott Dawson, Head of Sales & Strategic Partnerships, DECTA The cycle of work ethic and business success is perpetual: investors pump their cash into weak businesses during good times, which inevitably fail. They are then forced to find more reliable sources of profit and ...
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path to embedded finance
Banking Disruptive Technologies Fintech

Navigating the embedded finance revolution: Strategies for simplifying legacy bank technology

By Michael Engel, Managing Director & VP Software | Banking, Diebold Nixdorf The race to seamlessly integrate financial services into everyday consumer experiences is heating up in the banking and payments industry. From loyalty apps to digital wallets, banks, fintechs and even major social media ...
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AI recession proof
Disruptive Technologies Fintech Payments Technology

As recession looms, can AI help businesses weather the storm?

By Scott Dawson, Head of Sales and Strategic Partnerships, DECTA A quick Google search for “recession” reveals many articles predicting that one is inevitable. While much of this speculation has emerged because of a mass media echo chamber, businesses should still prepare for the worst.   ...
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accelerate subscription payment success
Fintech Payments Technology Payments Trends

4 Strategies to accelerate subscription model payments

By Jeff Sheldon, SVP Engineering, Recurly Whether at the starting line of a new subscription model or looking to tune up your current model, it’s important not to underestimate the complexities of managing recurring payments. Having the right payments strategy in place can help you ...
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AR technology trends
Fintech Payments Technology Payments Trends

AI and AR – Top trends now or coming soon

By Doug Hathaway, VP of Engineering, Versapay Over three-quarters – 77% – of CFOs reported being behind on invoice-to-cash reconciliation, according to a survey of 300 CFOs by Wakefield Research for Versapay. This research also found that the respondents’ companies held an outstanding balance of ...
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bakery store owner
Banking Fintech Payments Trends

Enhancing lending efficiency: How digital disbursements benefit borrowers and lenders

By Trinity Van, PayNearMe When low-income individuals start businesses, the first hurdle they face is securing a loan. The second is getting the loan payments disbursed quickly and safely, preferably in the same account they use to pay their business expenses. By design, many small ...
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$142K lost annually to poor reconciliation
Banking Fintech Payments Technology

While AI changes the world, why is data reconciliation stuck in the ‘90s?

By Bob Kaufman, CEO of Connexpay Payment intermediaries play a crucial role in facilitating transactions between customers and third-party vendors – everyone from mom-and-pop travel agencies to major global ticket comparison sites has the same basic business model of acting as a ‘middleman’ between two ...
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fintechs eating bank profits
Banking Fintech Payments Trends

Innovate or get left behind: What traditional banks can learn from the fintech revolution

By Michael Engel, Managing Director & VP of Payments at Diebold Nixdorf Payments are a critical piece of a financial institution’s value proposition. Payments represent nearly a third of revenue at most banks and the largest share of bank interactions with customers. However, over the ...
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