Banks: The Thrill is Gone

Zuora

How would you describe your relationship with your bank? The post Banks: The Thrill is Gone appeared first on Zuora. Is it full of engagement and discovery? Probably not. In fact, […]. Subscribed Weekly / Thoughts from Tien Tzuo

Report from NACHA: Faster Payments get Banking Moving

wepay

The primary participants at the conference are financial institutions big and small, corporate customers and all the processing partners that move money along bank rails. Big banks were really concerned about losing revenue and about changing architecture on legacy systems.

Verifying Bank Account Ownership: Understanding your Options

Agile Payments

Advances in the online payments sphere have now made it possible for businesses to verify bank account ownership. This real-time checking account verification can confirm that a consumer or business owns the account, and is authorized to transact.

Bank Account Owner Authentication Service: Moving Beyond Check Verification Services

Agile Payments

Bank Account Owner Authentication Service: Moving Beyond Check Verification Services. Checking Account Owner Authentication

How Can Product Analytics Benefit Banks?

Rakam

Having an understanding of user behavior is crucial for the banks to design better apps and products which would make users loyal to the brand. Many banks use Business Intelligence tools, but only the minority of the banks empowers their teams with the product analytics. In this article, we will talk about the various uses cases for the banks.

Banking: The Next Big Subscription Economy Story

Zuora

By John Phillips, Managing Director EMEA, Zuora In some ways, banks are the ultimate subscription business: from the moment you […]. The post Banking: The Next Big Subscription Economy Story appeared first on Zuora

Financial firms bank on A.I. as pilot projects head to production

IT World

The financial services sector is pouring money into artificial intelligence (AI), with banks, for example, expected to spend $5.6 billion on AI in 2019 – second only to the retail sector.

57 Customer Relationship Management Software Alternatives (That Won’t Break the Bank)

Groove HQ

The post 57 Customer Relationship Management Software Alternatives (That Won’t Break the Bank) appeared first on Groove Blog. You know the big names in customer relationship management software. And, you know the big price tags. Do you know the CRM alternatives?

Facebook’s cryptocurrency ratchets up pressure on banks, but has big risks

IT World

Facebook's plans to launch its own cryptocurrency and digital wallet should be a clarion call to commercial banks: if you don't begin to explore blockchain technology, tech companies could eat your lunch.

Is Co-browsing Safe? Yes, Banks Use it

Upscope

Is it safe enough for banks? Co-browsing is used in production by major corporations and international banks. There's always a moment of anxiety when downloading software and maybe that's why people like co-browsing because there are no downloads.

Key Bank SaaS Survey: Four Takeaways for Finance Teams

Sage Intacct

At fast-growing SaaS companies, CFOs and finance leaders are increasingly viewed as the business-model architects who analyze and guide the organization to successful outcomes.

The Investment Banking Landscape: Different Types of M&A Firms

Divestopedia

You're ready to sell your business, but you're not clear what type of banking firm to choose to help you in the process. This article provides a breakdown of each type, as well as its individual pros and cons, so you can make the best decision for you

Fintech Newsletter: June 2019

Andreessen Horowitz

542 million years ago, in perhaps the most important evolutionary moment in history, complex biological life emerged in an event known as … fintech networking payments community banking etfs ethical investing financial services fintech startupsGet this monthly update from the a16z FinTech Team: sign up here. Top Startup News. Fintech’s Cambrian Explosion.

Fintech banks and a rise in consumer authentication: Wepay’s Week in Payments

wepay

Two developments, one in the US and one in the UK, signaled a potential shift in the banking world and Fintech. The two developments each heralded the possible rise of a brand new kind of bank founded on a completely different model than the traditional bank.

Techstars Announces $42 Million Investment

TechStars

July 30, 2019 – Techstars , the worldwide network that helps entrepreneurs succeed, today announced a $42M investment led by SVB Financial Group , the holding company of Silicon Valley Bank, with additional participation from existing investors including Foundry Group.

Why Wells Fargo plans to pilot its own cryptocurrency

IT World

Wells Fargo Digital Cash, which will run on the bank's first distributed ledger technology (DLT) platform based on the R3 Corda Enterprise blockchain specification, will enable internal book transfers of cross-border payments within the bank's global network.

Fintech’s Second Wave: Lenders in Disguise

Andreessen Horowitz

The peer-to-peer lender was a media and investor darling, hailed as a tech-enabled alternative to traditional banks. In 2006, LendingClub introduced a then-novel business model: the ability to offer online personal loans to millions of underserved customers.

Founding Stories: Synapse

Andreessen Horowitz

Now imagine trying to open a bank account at a local branch without the traditional forms of identification: no driver’s license, no social security card, and so on. Imagine moving to a new country to start college.

On CFIUS Reform: Examining the Essential Elements

Andreessen Horowitz

Senate Committee on Banking, Housing, & Urban Affairs as part of their hearings … China policy field notes M&A

The Top Cloud Stories of the Week: A Downturn?, Top YC Companies, Dave, Google Turns 21

SaaStr

Brex wants to replace startup bank accounts with Brex Cash – TechCrunch. Upstart banking company Dave is now worth $1 billion, as Norwest puts in $50 million – TechCrunch. We now have over 200,000 (!)

Cloud 188

The Top Cloud Stories of the Week: 326 Unicorns, Microsoft??Android, Signs Your VP Can’t Scale, Change at SAP

SaaStr

We’s Banks Are Still Worried. Google Cloud Worth $225 Billion, Deutsche Bank Says. We now have over 228,500 (!) subscribers to the SaaStr Cloud Daily on Quora , 9,100,000+ views, and are adding thousands of new followers per week.

The Next Generation of Cloud Security Startups

Andreessen Horowitz

The recent Capital One data hack and breach that compromised sensitive information for 106 million people, including 140,000 Social Security numbers and 80,000 bank account numbers, was executed by a single hacker who exploited a well-known vulnerability in cloud-based SaaS … cloud computing enterprise & SaaS news security & privacy 16 Minutes

Cloud 79

Barclaycard joins forces with SAP to simplify corporate payments

ITPro

Ariba Network’s Precisionpay Bank Transfer will speed up the time it takes for businesses to receive payments for goods

Grab One of My Final 25 Tickets for SaaStr Europa!

SaaStr

Europa 2019 in the Left Bank of Paris is capped at 2,500 total. Boy we are close!! We are now at total capacity and have moved to a waitlist. The team has saved me 25 final tickets. You can grab one here. Once they are gone, there will still be a few more slots.

Fintech Newsletter: October 2019

Andreessen Horowitz

Why the buzz around high bank fees is actually good for. To receive this monthly update from the a16z fintech team, sign up here. Record ATM fees; Looming zero interest rates; High-yield savings accounts proliferate; Nubank hits 15 million users.

[SaaStock Latam special]: How Superlógica grew 10x by improving pricing plans

SaaStock

Previously his career path had traversed a variety of industries including banking, health, and EdTech. Tune in for an extra bonus episode of the podcast, hosting SaaStock LatAm speaker André Baldini, CEO of Superlógica who tell us how the company grew revenue 10x.

SaaStr Europa 2020 is BOOKED!! We’re Back in Paris 17-18 June! And Come for Just $299!!

SaaStr

We’re back in Paris again for 2020 , back in the Left Bank, just a smidge bigger and even better: 3,000 SaaS execs, VCs and founders. Ok SaaStr Europa 2020 is now locked down.

So You Need an ACH Transfer API - 2019

Agile Payments

Quite simply, it's an API that provides the ability for a software application to integrate ACH processing capabilities for the purpose of providing the application to originate, manage and report on the transfer of funds between bank accounts. What is an ACH Transfer API, anyway?

The Two Things You Need From Early Customers that Matter More than Cash

Tom Tunguz

A great customer logo slide is like a bank account. As you start to go to market, there are two things to prioritize from early customers that matter more than cash. Feedback and marketing rights. The feedback matters for obvious reasons.

Hustle As Strategy

Tom Tunguz

What differentiates the best banks from the middle of the pack aren’t differentiated financial products or novel go-to-market strategies or new insights into the market. One manager, responsible for a remarkable turnaround in American banking, attributes much of his success to “a very rigorous and steady management review process, which was one of the hardest things that was put in, and which was done right in the beginning.

ADDI

Andreessen Horowitz

Although access to fair credit is still an issue, it’s safe to say the banking system … fintech payments announcements financial services tech is globalMore than two-thirds of Americans have at least one credit card. In fact, the median number of cards per person is almost four.

The 18 Awesome Women of SaaS in Asia

SaaStock

With a Master’s degree in Law, she delved into investment banking and equity capital, working at Credit Suisse, J.P. Morgan, and Deutsche Bank. in 2015, she made a move to the other side and left banking.

2019 Sales Enablement Statistics

Sales Enablement, SaaS and Growth

But for that to happen, we need a bank of recent and authoritative data to help build the case for sales enablement. 2019 is shaping up to be another fine year for those working in and around sales enablement.

Zelle and payment futures: WePay’s Week in Payments

wepay

This week’s news in payments was dominated by one big announcement: US Banks launched a P2P payment solution, Zelle, aimed squarely at Venmo. The participating banks include a huge list, so this is very much a well thought-out market entry. Bank and Wells Fargo.

You Should Be Collecting At Least 100% Of Your MRR Each Month in Cash. Ideally, 110%+.

SaaStr

They hook up a payment system when they start as self-service, and the cash magically flows into the bank account. Pay out a lot of 15%-20% commissions on deals where the cash never comes in, and watch your bank account shrink in real-time.

Payment Facilitation Solutions For Property Management Platforms

Agile Payments

This ability to onboard clients without having the user apply for a traditional merchant account [that can take days and require supporting documentation like bank statements and tax returns] offers a friction-free onboarding experience.

The Fourth Barclays Accelerator, powered by Techstars in starting in Tel Aviv!

TechStars

Modern Banking for Cooperative Credit Societies in India. We are thrilled to announce the 10 extraordinary teams that are joining the Barclays Accelerator, powered by Techstars Tel Aviv today, March 31. Three months of hard work in the world’s “Startup Nation” is awaiting the class of 2019.