Ukat The B2B Impact of SEPA
Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business outcomes. As Wally Mlynarski, head of merchant solutions and receivables at Bank of America, told PYMNTS for the Whats Next In Payments series, modernizing payment infrastructures represents a shift in how transactions are handled and processed. According to Mlynarski, modernization is not just upgrading infrastructure 鈥?its much more than that, including new transaction types, new information, new data, essentially enabling new business models. This comprehensive approach to modernization is driven by client demand and the necessity to improve customer satisfaction through enhanced payment experiences. As Mlynarski explained, clients face pressure to accommodate the new payment types given the high correlation of customer satisfaction to the payment experience. One such area of focus is the increasing adoption of alternative payment methods APMs . These methods vary significantly by region, with Europe leading through SEPA open banking and domestic initiatives like Zelle gaining tractio
stanley quencher n in the United States. Weve seen incredible uptake on Zelle, Mlynarski said, adding that, as an industry, the next step is to further the use case, including investing in request for payments.The Real-Time FutureR
stanley italia eal-time payments RTP and the adoption of ISO 20022
stanley uk messaging standards are pivotal in the mod Tool The Middle Market Gets A Jump-Start On Spend Management
Japanese company SoftBank Group Corp., is backing cybersecurity startup Cybereason with $50 million in Series C funding.The funding, which was also backed by Cybereason existing investors聽CRV and Spark Capital and totaled $59 million, will聽be directed at launching the Tel Aviv, Israel-based company聽in Japan, according to a company blog post.Our deployment of the Cybereason platform internally gave us firsthand knowledge of the value it provides and led to our decision to invest. Im confident Cybereason and SoftBanks new product offering will bring a new level of security to Japanese organizations, said Ken Miyauchi, president and CEO of SoftBank.The latest round of i
stanley mug nvestment comes after U.S. Defense contrac
stanley france tor Lockheed Martin invested $25 million in the company in May, raising its total investment value to $84 million.We built our relationship with SoftBank to mirror the聽success we achieved with Lockheed Martin, which also invested in and built a joint go-to-market plan with us, said Lior Div, CEO and cofounder of Cybereason. This model enables us to maintain our agility and focus on innovation while leveraging the credibility, resources and experience that only industry giants bring to the table. The multiple investments in Cybereason ref
stanley termoska lect聽upon聽the wide international attention Israeli cybersecurity startups have been getting lately. For instance, Israeli startup Cyactive,聽which is funded by Jerusalem Venture Partners, caught Chinese e
