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BECU On Why It Pays To Think Like A Challenger Bank

PYMNTS

Consumers’ affinity for online banking solutions, especially mobile banking, is far from new. The COVID-19 pandemic is highlighting how necessary these solutions are for consumers’ banking needs, however, and how high their standards for these channels have become. Around The Credit Union World.

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Seed Says Banks Fail Small Businesses On Mobile, Cash Management Solutions

PYMNTS

Seed , which launched in 2015 to disrupt small business (SMB) banking, is emphasizing its focus on mobile-first solutions in the wake of revelations of its recent survey. 18), Seed revealed news that it is rolling out small business banking solutions and released the results of a survey of 423 small businesses in the U.S.

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NEW REPORT: Wells Fargo On Leveling Up Its Digital Banking Game

PYMNTS

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. Fifty-five percent of Americans have a full-service banking app on their phone, and 16 percent check these apps at least once per day. Around the Digital Banking World.

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Are Banks Keeping Pace With The Speed Of Innovation?

PYMNTS

The speed at which digital banking is being transformed by new technologies is rapidly increasing. Whether that’s on their mobile device on the go or in their kitchen while they make dinner. KW: Innovation in the banking sector is blossoming. Where do you see this going, and how do you see it being adopted by banks?

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Mobile Pay In The Headlines: Nine Ways Mobile Made News

PYMNTS

It may not be the year of mobile payments — yet — but it is certainly the year mobile payments players are laying the groundwork for what they know is inevitable. This week, PYMNTS dug into the week of mobile pay news to bring you the latest from the ecosystem. Early Warning Boosts Big Banks’ P2P Power.

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Startup Roundup: A Look At Local, National And Global Expansions

PYMNTS

There are plenty of mobile deposit apps for consumers, but there are far fewer focused on commercial mobile deposits. Employees in the field are often stuck accepting only cash or checks, which they collect throughout the week and deposit as a batch. DadeSystems. Jewel Paymentech. AvidXchange.

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The AP Approach Behind Ethically Sourced Chocolate

PYMNTS

The SMB trades directly and shares profits with cocoa bean farmers in four countries, importing the beans itself and making chocolate bars from scratch to sell to restaurants, bakeries, food stores and direct to consumers online. The chocolatier now reserves a portion of the payment until cocoa beans reach their local shipping ports.

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