Lyft raises $1 billion, how fintech helps corporates ditch the check, and contractors are struggling with accounting.
| | | | BUSINESS TO BUSINESS EDITION | | Rethinking The Role Of The ATM
A new, younger customer demographic preferring online portals has financial institutions scrambling to keep their physical branches profitable. An integral part to that strategy can be the ATM, but today, these machines are complex, expensive and come loaded with financial and regulatory burdens. Ahead of an upcoming webinar, US Banksâ senior vice president of product management, Suzanne Galvin, sat down with PYMNTS' Karen Webster. Together, they scratched the surface of what FIs need to do to make sure their ATMs are living up to their full potential.
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| Cybersecurity Startups Land Majority Of B2B Venture Capital This Week
With more than $172 million raised in total, it was a healthy week for B2B startups, though one clear winner emerged: cybersecurity, which landed nearly 70 percent of the total funding. Two cybersecurity companies scored the funding, but they both focus their enterprise security efforts in different ways. Plus, PYMNTS takes a look at the treasury management, blockchain and logistics firms that also grabbed fresh funding.
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| | Push Payments | | The Trickle Down Theory Of Push Payments
No more check? Check. But when? That depends on when the bigger corporates will embrace push payments, as Ingo Moneyâs CEO Drew Edwards tells Karen Webster, since those big check issuers drive, well, more checks. One way to accelerate the process, Edwards said, is partnerships, where FinTechs can take on the heavy lifting for replacing paper-entrenched processes with a bit of hand-holding. Read More... |
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