Search Results: Suppliers
By Aaron Silva
If you were offered $1 million would you take it, even if there were some slight implications on maintaining such a fortune? This is essentially the situation that community bankers have found themselves in recently. Due to the Wells Fargo scandal that continues to cast a shadow over the banking industry, many Wells customers are opting to take their business elsewhere: community institutions.
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.
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.
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®.
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.
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.
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.
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.