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Kansas City’s slump is spreading; Suppliers are feeling slowdown’s effects on staffing levels

House Bill 2819 could help Oklahoma suppliers get government contracts

Fintech Platform Revenues for Lending & Financing to Exceed 10 Billion Dollars By 2020

November 16 –  Juniper Research has found that Fintech platform revenues to support lending and financing are set to reach $10.5 billion globally by 2020, doubling the $5.2 billion expected this year.

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Digitization and Disruptive Technologies Spurring Banks to Invest in New Business Models

November 4 – Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, and Efma, a global not-for-profit organization, have launched the eighth annual study of “Innovation in retail banking.” The research revealed that 77 percent of banks regard the threat from technology companies, start-ups, retailers and/or telecom players as high or very high. Over half now consider the threat from technology companies and start-up challenger banks as significant.

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Bottomline Technologies Adds Mastercard Virtual Card Capability to Paymode-X Network

October 18 – Bottomline Technologies, a leading provider of cloud-based payment, invoice and digital banking solutions, has announced an agreement to connect Mastercard In Control® for Commercial Payments technology with Bottomline’s Paymode-X®.

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2016 IDC Financial Insights FinTech Rankings Top 100 and Enterprise Top 25 Announced

September 16 – IDC Financial Insights has announced the 2016 IDC Financial Insights FinTech Rankings Top 100 and Enterprise Top 25. Now in its 13th year, the annual IDC Financial Insights FinTech Rankings evaluate global technology providers of hardware, software, and IT services, and tracks revenues from the financial services industry as well as IT providers whose revenues from financial institutions is significant.

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Kasasa Named to the 2016 IDC Financial Insights FinTech Rankings

September 16 -Kasasa, formerly BancVue, has announced they have ranked #87 on the 2016 IDC Financial Insights FinTech Rankings, the most comprehensive vendor ranking within the financial services industry.

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Community Bank Alliance Releases Recruitment Figures

August 24 — Golden Contract Coalition, an alliance that leverages the collective influence and consolidated buying power of large groups of community banks and credit unions to negotiate fair deals with incumbent core and IT vendors, announced that it has exceeded recruitment goals since its launch in late June.

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U.S. Bank, Sage Envision the Future of Payments and Accounting with Integrated Solution

July 27 – U.S. Bank and accounting software company Sage have announced a new partnership for the benefit of their mutual North American customers. The introduction of AP Optimizer™, built by the bank on the Sage Live accounting platform, marries practical, cost saving information – like the best time to pay bills and the best method for payment – with easy-to-execute action to help U.S. Bank’s business customers maximize cash flow. Users can act on the tool’s recommendations from any computer or mobile device.

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EMV Migration Forum Changes Name to U.S. Payments Forum

July 20 – The EMV Migration Forum has been instrumental in the progress of the U.S. migration to EMV chip technology by providing a forum for essential cooperation and coordination across the whole payments ecosystem, including retailers, card issuers, networks, acquirers, processors, technology providers and industry associations. To provide expanded support for the payments ecosystem, the EMV Migration Forum has announced that it will change its name to the U.S. Payments Forum. The U.S. Payments Forum will continue to support the chip migration while also broadening its focus to other new and emerging payments technologies in the U.S.

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