Corporate America still likes to make payments using checks. While payment trends continue to shift to more electronic payment forms, we continue to see our customers frequently getting paid for business to business (B2B) transactions with checks. The Association of Financial Professionals last payment research...
Software-as-a-service (SaaS) allows companies to access and use cloud-based apps over the internet, instead of buying their own productivity software.FinTech firms tap into SaaS as they harness benefits such as end-to-end cost savings, data security, agility and scalability. Looking to next year, PwC predicts more...
The world changed in March when the COVID-19 pandemic forever changed our world, and now it has impacted our operations. The corporate payment landscape, while already complex, now...
FinTechs are keeping an eye on cash application trends amid uncertain times caused by the coronavirus. DadeSystems CMO Tom Berdan told PYMNTS in an interview, “We basically woke up to a new world relatively quickly.” Now, more than ever, he says, cash and cash collection are vitally important...
The competition for commercial deposits has become fiercer in the new decade. The rate of noninterest deposits growth has been declining over the last three years, according to quarterly reports from the Federal Deposit Insurance Corp. The percentage of noninterest deposits to total deposits has also...
FinTech companies are keeping an eye on investment trends as they aim to serve the needs of the marketplace. Venture capital (VC) and private equity firms, in general, have been investing in FinTech companies for years, and each firm has different specializations. Some firms focus on...
FinTech innovators are continually evolving their technology platforms as they aim to dive deeper into the automation space and also widen their offerings. DadeSystems, in one case, has been expanding into analytics. It considered building its own analytics, but it decided to use an open-source toolset...
FinTechs are connecting banks with tools such as integrated receivables that they can provide to their corporate customers — and offer them one view of all their payments. This technology has three components, including remittance matching, a single file for an enterprise resource planning (ERP)...
FinTech firms are delivering technology solutions to banks that can help them maintain their customer relationships — and generate income. As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. DadeSystems CMO Tom Berdan told PYMNTS in...
FinTech firms are tapping into cloud computing as they harness benefits such as scalability, reduced information technology (IT) costs, business continuity, and technology innovation as well as adoption. To be on the cutting edge, DadeSystems Chief Information Officer Mike Capote told PYMNTS in an interview, the flexibility...