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Search Results: Suppliers

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

Mirador Financial’s Cloud-Based Lending Offered Through Oregon Bankers Association to Member Banks

July 9 – Mirador Financial, provider of a cloud-based small business lending platform that helps financial institutions make smarter, faster lending decisions, has forged a strategic partnership with Synergy by Association, Inc. that will enable banks around the country to leverage Mirador’s advanced technology platform to originate more small business loans, quickly and efficiently. Synergy by Association, a wholly owned subsidiary of the Oregon Bankers Association, will initially offer the Mirador platform to banks in Oregon with plans to expand the program to state bankers associations across the U.S. (more…)

Banks to Spend 16 Billion Dollars on Digital Transformation Initiatives

July 2 – Retail banks (including thrifts and credit unions) in the U.S. will spend nearly $16.6 billion on hardware, software, services, and internal IT staff in order to develop and implement digital transformation initiatives in 2015. And this spending on digital transformation will grow at a compound annual growth rate (CAGR) of 10.4% into 2019, according to recent IDC Financial Insights spending models.


ProfitStars’ Banno Mobile Named a Leader by IDC MarketScape

June 26 – Jack Henry & Associates, Inc., is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division has announced that Banno Mobile™ was named a leader in the IDC MarketScape: North American Mobile Banking Software Solutions 2015 Vendor Assessment (doc #FI254706, March 2015).


Entryless Announces Entryless Seamless B2B Payments

June 26 – Closing the loop for SMB bill payment automation, Entryless has announced the addition of a payment system that extends the existing Entryless platform with a supplier payment system. To support their efforts, they have hired Sukanta Ganguly as CTO, a serial entrepreneur with experience in payments.


Optimizing Customer Satisfaction with Reliable ATM Technology

April 21 – Because of the rise of high-tech banking, faster and more convenient transactions for customers at the branch are becoming all the more critical. Today’s banks must use every channel available to provide convenient customer service, and the ATM channel remains one of the most important ways financial institutions interact with their customers in the branch. (more…)

New Marijuana Industry Payment Platform Solves Crucial Challenges For Government and Dispensaries

March 18 – Global Payout Inc., an emerging leader in innovative payment solutions, has rolled out an electronic, closed-loop payment system that resolves the unique challenges present in the fast-growing medical marijuana and recreational marijuana industries. (more…)

Viewpost Targets Fast Growth in Online B2B payments

March 12 – Electronic invoicing and payment provider Viewpost IP Holdings LLC is looking to build on growth in business-to-business payment processing by connecting buyers and suppliers through its free-to-join online portal. CEO Max Eliscu compares his company’s portal, launched last fall, to Facebook or LinkedIn, except instead of browsing old bosses’ profiles, buyers and suppliers use their Viewpost pages to get paid.


Here Comes EMV

By Randy Vanderhoof

By all estimations, 2015 is poised to be the “year of the chip,” with major progress in the U.S. migration to the global EMV chip standard for payments. Many card issuers have already begun or are planning to start issuing chip cards this year. By the end of 2014, there were approximately 120 million chip cards in the market. This number is expected to increase dramatically to 600 million chip cards by the end of this year –about half of all of the payment cards in the United States. Retailers are also on board, with some estimating that as many as 50 percent of merchant terminals may be enabled by the end of 2015. As a community bank, how should you start thinking about and planning for issuing chip cards? Let’s look at some of the major considerations.


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