Payments Innovation

Cara has a passion for helping community banks and credit unions survive and thrive. As the daughter of parents who were small business owners she understands the importance of community financial institutions to the survival of small and medium size businesses who provide the majority of jobs for the American people. At Currencycloud, Cara partners with financial institutions to provide better so...

76% of banks use fintechs for payment solutions for their corporate clients. Why, then, are some banks still stuck in the Dark Ages? Craig Jeffery , Managing Partner at Strategic Treasurer LLC fills us in on the latest B2B Payments Survey Report and his predictions for the future of bank/fintech relationships. In this episode, we cover: The current landscape of B2B payments Improving enterprise cu...

Natalie Cartwright and her team at Finn AI have a mission: to improve the financial well-being of 100M people by 2025. And they’re leveraging AI to achieve that mission.  What we talked about: How Finn AI is applying AI in the financial services industry How do virtual assistants create more value for customers? How do virtual assistants create more value for financial institutions? Check out thes...

Since the 80s, we’ve watched automation make the buy side of trading much more effective. But when it comes to the retail side, the technologies haven't evolved at all.  But that’s where Quantreex comes in. It’s a web based trading platform that allows you to create automated trading strategies in under a minute. It also leverages AI and machine learning to help you control risk and increase retur...

Ricardo Pero is changing the landscape for how and where small to medium businesses find capital funding. In 2016, he left JP Morgan to start SellersFunding. We got a chance to sit down with Ricardo to learn all about his inspiration behind starting his company and how his product will transform funding for these important enterprises.   From lead time to risk assessments, big banks and cash advan...

There’s no getting around it. It’s tough to enter a foreign market. From the application process to the fees to the language barriers; it can be a balancing act. We had the opportunity to chat with someone who knows this journey all too well. Marcus Shin from WireBarley answered all of our questions regarding entering a foreign marketplace with an M2M business model. In this episode, w Hosted on A...

Rick Lynch is the senior vice president for business development at Verifi . He got into the payments industry in 1999, and has been innovating in the space ever since. We sat down with Rick on this week’s episode of Payments Innovation to learn more about what Verifi is doing to shake up the industry and equip business owners to take control of their chargebacks.  They’re creating post-authorizat...

Government grants nearly equate to free money for businesses. Owners and founders don’t have to dilute their equity by taking on investors, and, usually, there’s no requirement to pay back any money. Plus, there is a lot of it. North of $200B a year, in the US, Canada, and the UK alone. How can companies access these pools of cash? We asked Teri Kirk , founder of Funding Portal how businesses can...

Has your company considered Point of Sale financing? Here’s a better question: does your company even know what Point of Sale financing is? And how it could benefit your business by bringing in more customers, allowing them to potentially spend more money with you? On a recent episode of the Payments Innovation podcast, we sat down to chat with Daniel Shain , co-founder at Credit Genie , for a dis...

If you’re like most entrepreneurs, you probably double-down on your personal skill set, pursuing those pieces of your business(es) that you’re most passionate about. The other areas of the business, whether it be HR, legal, or financial, may not get the attention they need. That’s where entrepreneur Marc Alloul found himself. He’s a physicist engineer who left a $12B enterprise in 2000 to start hi...

On this episode of the Payments Innovation podcast I sat down with Andrew Graham to get an inside look at what his team did to generate additional revenue, increase customer satisfaction, and improve efficiency in their company. Andrew is the Co-founder and CEO at Borrowell , a Canadian Fintech company helping consumers with their credit decisions. Andrew is also a Harvard MBA and is member of the...

On another episode of Payments Innovation podcast, we interviewed Rafael Lourenco , Executive Vice President, at ClearSale .  Many merchants think of fraud prevention as a technical decision, but it’s much more than that. In this episode, Rafael explains why fraud management can drastically affect a business’s revenue, costs, CX, and overall bottom line. Hosted on Acast. See acast.com/privacy for...

On another episode of Payments Innovation podcast, we interviewed Brian Billingsley , Chief Revenue Officer, at Modo . Brian talked about how Modo adds value to customers and why Modo is set apart from its competitors. Hosted on Acast. See acast.com/privacy for more information.

When you grow up in a family of small business owners, it’s as if you’re raised with a unique sense of empathy for this special kind of entrepreneur. So much so that you usually become one yourself. That’s the story of Eytan Bensoussan . He grew up watching his grandparents faithfully work in their business day in and day out. But he noticed a pattern that didn’t sit well with him. At the end of a...

Payment options options are endless. PayPal, Visa/Mastercard Debit, Venmo, Apple Pay, Google Wallet, Amazon Balance, … The list goes on. This provides phenomenal variety for consumers. But consider a commercial payer. They now have to have multiple systems to pay a variety of payees in each of their methods of choice. Or risk losing a partner or contractor by not providing payments in their desire...

While plenty of new pay methods are soaking up all the attention, ACH is being left left out of the popular arenas. We understand why. ACH can be cumbersome, requiring layers of authorization to finalize a single transaction. Many perceive it as outdated, awkward, and time-consuming. It’s time ACH had a makeover. Yelena Reznikova joined us on this episode of the Payments Innovation podcast to show...

Ever split a bill with a group of friends? Ever get stuck with more than your fair share? That’s the sort of issue CashStash is committed to solving: Co-Founder Turner Coggins came on the Payments Innovation podcast to share how his new application allows users more transparency in their shared payments. With CashStash, users can store funds in a shared virtual wallet, giving all members visibilit...

As Millennials are clouding out prior generations in the coveted 18-34 consumer space, they are using credit cards less and less. Many of them have no credit, which puts them in the never-ending “you don’t have credit, so we can’t offer you credit” cycle. Or they’ve been told to steer clear of the debt trap, so traditional plastic is a non-option for them. This leaves gaps, for both consumer needs...

Payments shouldn’t be the only thing going digital. Giving to your favorite local charity should be easy. Digital easy. Hector Pages knows. He grew up in Puerto Rico and saw firsthand devastation from natural disasters. So when he found In/PACT, he had to jump on board. In/PACT is the creator of Good Coin, an integrated giving solution that allows payments to nearly 1.8 million nonprofits. Now, us...

Artificial Intelligence. Machine learning As buzzwords go, they’re the hottest things in almost any tech space. “AI” conjures spectacular images of Sci-fi films and robotic engineering. But when it comes down to the reality of your international commerce, you need to know how AI affects your business. We went straight to the top of the AI and machine learning industry by roping in Emerj CEO and Fo...

Cookie cutter solutions don’t work for everyone.  Often, smaller community banks are left out, especially when considering international exchanges. Mike Salerno , Vice President of Global Banking at FNB Omaha , saw a host of opportunities  following the recession as larger banks tightened up.  This allowed other correspondents to come in and establish partnerships. Mike and FNB have made a commitm...

More and more workers are abandoning the traditional "Nine to Five" jobs for contract 1099 work. While this provides more freedom for workers, Dylan Massey, Co-Founder and CEO of Intercheks, says this also presents some issues when it comes to streamlining the payment processes for individual contractors, some of whom may come and go or have multiple side jobs. Dylan talks to us about his pathway...

As US merchants expand their operations across the world into emerging markets, they quickly discover an interesting fact: Many cash-centric nations, have leap-frogged over the usage of plastic. Now, many of these traditionally cash-heavy nations, have found tech integrations that allow merchants to sell online and collect cash with receipts, QR codes, and other methods. There’s around 300 differe...

There’s a simple way to make international transactions easier for you and your clients: Make payments in local currency. Bob Murray is the Director of Foreign Exchange at Brookline Bank and he’s been involved in foreign exchange markets since the early 80’s.   Throughout the years, he’s seen how foreign exchange can really touch all areas of a bank.  From international payments to wire transfers,...

Jeff is passionate about all things Fintech and Payments. He has consulted with eCommerce platforms, PSP's, Challenger Banks, and Financial institutions of all types and sizes to deliver business-critical payments, banking, and compliance solutions via cloud and on-premise. With over 10 years working in the finance, banking, and payments space, Jeff has extensive knowledge in solving problems and...