Banks have historically developed their own solutions for the marketplace, using sophisticated information technology (IT) and development resources. “If they wanted something for the marketplace, they would create it” and would design, develop and support those solutions for their unique needs, DadeSystems President and CEO Bill Zayas...
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It’s a time of great transformation for payments in the eyes of FinTechs: “The payment market is changing rapidly with the adoption of electronic payments and soon-to-be real time payments,” DadeSystems Chief Marketing Officer Tom Berdan told PYMNTS.com in an interview. For receivables, Berdan noted that larger banks have done...
In the past, only the largest of firms such as utilities, telecoms or credit card companies were able to have customer payment portals. Those were the “types of companies that could afford to stand up a portal,” DadeSystems Chief Marketing Officer Tom Berdan told PYMNTS.com in an...
Privacy is not an afterthought with the “privacy by design” mindset, and FinTech startups may take a similar approach with data security. In that sense, they may incorporate data security every time they make an enhancement or a release. “It’s really built in by design,” DadeSystems CIO...
by Bill Zayas, President & CEO Payment complexity is changing as check payments decline and electronic payments are rising, compelling businesses to actively seek banking partners who can deliver a seamless and integrated end-to-end cash application process for accounts receivables, regardless of payment type or channel....
When it comes to treasury market offerings, banks have historically started wholesale and retail lockbox businesses. They were able to provide these services to their corporate customers, which effectively outsourced all of the work around receiving payments: that is, opening envelopes, scanning payments – as...
Payments are the livelihood of any business, but the payments landscape has evolved from simpler times. Ten, even 15 years ago, businesses were paid predominantly by check, though that has since changed. “Corporations are being faced with a plethora of payments types that they’re having to...
Mobile apps aren’t just about convenience: Business apps also handle sensitive information, such as checks, security and control over user access, which is key. With this in mind, DadeSystems’ mobile app protects sensitive data with user access and encryption features geared toward the corporate market. DadeSystems...
Tom Berdan, chief marketing officer at startup DadeSystems, is working from his home office in Orlando, where the air conditioner is broken. He’s got a repair guy on the way. After the unit is fixed, Berdan will have a few payment options depending on the repair...
