The promise of automation has always loomed large in banking. Clayton Weir, Co-founder at FISPAN, and Tony Wimmer, managing director, head of data and analytics at JPMorgan Payments, told PYMNTS that the promise makes the leap into reality with the aid of advanced technologies. At...
Commerce Bank is rolling out Commerce Connections Direct, which will add embedded banking in ERP systems to automate payments and financial information, a press release said. The platform will be made in partnership with FISPAN, a North America-based fintech. The new platform will add an...
The rapid digitization of the banking industry is transforming the types of products and services corporate clients are demanding from their financial institutions (FIs). Though businesses have been slowly adopting digital banking solutions for years, the demand for these digital offerings is greater than ever....
90% of FIs are pursuing embedded finance solutions, which look and feel as if they are part of the corporate client’s brand. In the "Next-Gen Commercial Banking Tracker®," Anthony Peculic at Cross River tells PYMNTS how offering customers the banking services they need — exactly...
September 09, 2022
The promise of automation has always loomed large in banking. Clayton Weir, Co-founder at FISPAN, and Tony Wimmer, managing director, head of data and analytics at JPMorgan Payments, told PYMNTS that the promise makes the leap into reality with the aid of advanced technologies. At a high level, Wimmer noted that the benefits of automation […]
July 15, 2022
The banking industry is undergoing a pandemic-fueled digital transformation that is reshaping how businesses of all sizes operate. The global health crisis forced companies to embrace digital channels in record...
June 20, 2022
Automation of accounts receivable (AR) and accounts payable (AP) processes through enterprise resource planning (ERP) solutions have become the gold standard for companies seeking to streamline their operations and cut...
June 03, 2022
Businesses across all industries have focused more on digital innovation since the start of the pandemic. A recent PYMNTS survey found that over 70% of middle-market U.S. companies have accelerated...
November 17, 2022
BMO has joined forces with FISPAN to offer the bank’s business clients direct access to everyday banking from their enterprise resource planning (ERP) or accounting system. “By integrating payments, reporting, and reconciliation with these systems, clients now have a simpler, more efficient way to perform and manage their business transactions,” the bank said in a […]
March 21, 2022
The pandemic changed the way we do banking for good. It’s not just about the shift to a more digital form of banking. The pandemic also made things more competitive...
January 31, 2022
A recent report finds that a majority of American and Canadian consumers say they’d be willing to share financial information with FinTechs if it meant faster and more convenient digital...
January 07, 2022
Most American businesses are smaller businesses, employing nearly half of all U.S. workers, according to the Small Business Administration. Even the COVID pandemic — and its resulting economic decline —...
