Search Results for: economic challenges

Paystand Achieves Remarkable Growth on Inc. 5000 Amidst Economic Challenges
B2B Digital Payments News

Paystand Achieves Remarkable Growth on Inc. 5000 Amidst Economic Challenges

PR Newswire
600,000 payers now on Paystand Network and $6 billion in transactions highlight significant growth in the “real economy” during a period of economic hardship and a crypto bear market Paystand, the B2B payments company with the world’s largest commercial blockchain, has defied market conditions and experienced a more than 600% growth......
How EWA Helps Employees Reduce Financial Stress Amidst Economic Challenges
Analytics Guest Posts Insights

How EWA Helps Employees Reduce Financial Stress Amidst Economic Challenges

Jim Colassano
According to a 2023 Financial Wellbeing in the Workplace report, 85% of employees feel financially stressed – and this is true across all income levels, ages, demographics, and industries. Unfortunately, there is no reason to expect these sky-high rates of financial stress to taper off anytime soon. Financially strapped Americans......
FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges
Finance News

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Fintech News Desk
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk and......
New Study Finds Majority of Community Financial Institutions Optimistic About 2024 Despite Economic and Regulatory Challenges
Fintech News

New Study Finds Majority of Community Financial Institutions Optimistic About 2024 Despite Economic and Regulatory Challenges

PR Newswire
Authored by noted fintech expert, Cornerstone chief research officer and Forbes contributor Ron Shevlin, the study gleans insights from more than 350 senior executives from community banks and credit unions across the country. Cornerstone Advisors announced  the release of its highly anticipated study, What’s Going On In Banking 2024: Finding the......
Ascenda transforms economics for financial institutions with new loyalty-as-a-service offering
Finance Fintech News

Ascenda transforms economics for financial institutions with new loyalty-as-a-service offering

PR Newswire
Ascenda, the world’s most connective rewards ecosystem, today announced the launch of its new loyalty-as-a-service offering. The groundbreaking model challenges established industry norms and maximizes business outcomes for financial institutions through effortless access to scalable, aspirational rewards propositions that deliver outsized returns. For decades, companies who provide rewards technology and......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Security

The Role of Digital Payment Platforms in Enhancing Global Economic Connectivity

Prajakta Ayade
The advent of digital payment platforms, have significantly enhanced economic connectivity and commerce across borders. These platforms have not only revolutionized the way transactions are conducted but also facilitated greater financial inclusion, streamlined cross-border trade, and fostered economic growth in previously underserved markets. As digital payment platforms continue to evolve,......
68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures
Finance Fintech News

68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures

EIN Presswire
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today revealed that 61% of international CFOs say their businesses are making or considering making customer experience compromises to remain operational amid the current challenging economic climate. The report “The CFO agenda:......
Artificial Intelligence Compliance management Digital Wallet Economy Featured Fintech Payment gateways Technology

RegTech for a Globalized World: How RegTech Helps With Cross-Border Regulatory Challenges

Understanding RegTech RegTech, short for Regulatory Technology, refers to the application of innovative technology to improve the efficiency and effectiveness of regulatory compliance. It encompasses a wide range of technologies including artificial intelligence (AI), blockchain, big data analytics, and machine learning. These technologies help organizations manage regulatory requirements, streamline compliance......
Total Economic Impact Study Reveals 69% Efficiency Gains Using Versapay's AI-Powered Cash Application
Artificial Intelligence Finance Fintech News

Total Economic Impact Study Reveals 69% Efficiency Gains Using Versapay’s AI-Powered Cash Application

PR Newswire
Interviewees reported 138% ROI on Cash Application from improvements in cash posting efficiency, reduced manual effort, and AI-driven matching Versapay, the leading Accounts Receivable Efficiency Suite, today released the results of Total Economic Impact™ (TEI) for Versapay’s Cash Application solution to be 138%, representing a payback window of less than six months. Midmarket businesses......
JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom
Fintech Investment Services News

JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom

Business Wire
The firm expands its skills-based hiring for entry-level technology and operation jobs in cities across the U.K., including Glasgow, where it recently opened a new state-of-the-art technology centre Plans to kick start a new programme to help fintechs create financial management tools to support individuals and entrepreneurs Builds on lessons......
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