Venu Appana

Prepare to unlock the secrets of a financial institution that thrives at the nexus of traditional banking and revolutionary fintech, as we're joined by Adam Goller, EVP, Head of Fintech Banking at Cross River. Listen today. #payments #fintech

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Looking to streamline your business payments? 💸 ACH payment services are transforming how companies handle transactions. With benefits like reduced costs, enhanced security, and smoother workflows, it’s time to upgrade your payment system. Whether you manage recurring payments or handle high volumes, ACH can improve accuracy and save you time and money. Want to learn more about the advantages of ACH payments? #ACHpayments #PaymentSolutions #DigitalTransformation #BusinessEfficiency #SecureTransactions #BusinessGrowth #ACHprocessing

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It’s not just about the speed ⚡ Our very own, Anthony Peculic, Head of #BaaS & Cards, breaks down what the shift to #fasterpayments means for financial institutions and how it’s reshaping consumer and business expectations. Check out Anthony’s insights here: https://bit.ly/4eIRbVN

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Your customers appreciate having a streamlined checkout experience. Cameron Hughes Wine shares how by utilizing Authorize.net's Customer Information Manager, they're enabled to provide their customers a faster, smoother, and streamlined experience. https://vi.sa/3Xf4zeb #payments #customerexperience #smallbusiness #CX #paymentgateway

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🔄 Expand Your Recurring Payments Options Beyond Zelle with Spreedly! Zelle is great for one-time transactions but lacks native support for recurring payments. At Spreedly, we fill this void with robust solutions leveraging Open Banking and ACH protocols, enabling automated billing processes that are essential for businesses. Discover how our payment orchestration tools enhance efficiency and improve customer satisfaction through seamless recurring transactions. 🔗 Learn more about our advanced payment solutions: https://bit.ly/3VEvFJm #OpenBanking #RecurringPayments #Fintech #SpreedlyInsights #DigitalPayments

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The integration of Minna’s technology will allow users to view, modify, or cancel subscriptions more easily, all within their banking platforms. Read here: https://lnkd.in/gSh3g2Bg -with Mastercard Minna Technologies Gaurav Mittal Amanda Mesler #fintech #payments #financialservices

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Eyefinity created a solid payments foundation leveraging an Integrated Payments solution. They appreciate how this payments model creates: 👉 Convenience by removing the obstacles of re-keying information in multiple systems 👉 Opportunity to provide a seamless customer experience at checkout 👉 A strong value prop with both of their distinct market segments Learn how they plan to build upon their payments program with the Worldpay for Platforms team by their side. https://bit.ly/3XeJwXi

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FinTechs 🤝 Banks Trustly, Inc. Sr. Banking Relations Manager, Moa Agrell, spoke with PYMNTS to discuss how Bank-FinTech collaboration is crucial to adapting to the changing landscape of payments. Key takeaway? The agility and innovation of FinTechs + the industry expertise and established trust of Banks = progress. "It can be a win for the bank, a win for the merchants, a win for the consumers, and a win for the industry overall." Check out the full article here: https://lnkd.in/dka-AEsF

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B2B payments account for $120 trillion in payment volume, yet only 7% of transactions are conducted digitally. While paper checks and ACH have typically been the hallmark of B2B payments, the tide is shifting thanks to the rise of online commerce, the digitalization of payments, and Gen Z purchasing preferences. Check out our latest infographic on the Rise of B2B payments and how embedded payments in B2B software represent a completely untapped market for SaaS providers, gateways, and payment platforms. https://lnkd.in/enaEcR7D #embeddedpayments #B2B #B2Bpayments #digitalpayments

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The global payments landscape is evolving rapidly, with instant payments and new entrants driving innovation. With $1.8 quadrillion in annual payment flows, even small shifts can transform companies or entire sectors. In our annual Global Payments Report, authors PHILIP BRUNO, Uzayr Jeenah, Amit Gandhi, and Inês Gancho detail key drivers of change and how to capitalize on new industry dynamics. Explore more: https://mck.co/40bOyXI #financialservices

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The answer is simple, people want choice! Jim Short from Orbility shares how partnering with NMI for over 20-years has helped them offer a range of digital solutions to consumers by giving them the flexibility to choose how they pay. #NMI #UnattendedPayments #PaymentSolutions

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Happy #FintechFriday! 🌟 We are excited to spotlight Constellation Digital Partners once again and their solutions that are helping transform the landscape for community-based financial institutions! 🚀 Constellation is dedicated to empowering #creditunions and #communitybanks with their open, cloud-based platform. Their mission is to help FIs thrive in the digital era by offering modern banking services that meet the evolving needs of their members. Discover Constellation’s innovative solutions: 📱 Digital Banking: Constellation's scalable platform offers a unified experience across all devices, seamlessly integrating with existing core systems while providing robust security. This future-proof service ensures your members receive a consistent and secure banking experience. 🌐 Fintech Connect: Serving as a hub for various #fintechs, this solution allows institutions to easily integrate third-party services. It empowers FIs to manage their digital roadmap, introduce new digital offerings on their schedule, and ensure members always have access to the latest offerings. 💰 WalletFi: Constellation's WalletFi enhances member loyalty by providing subscription management directly within the banking app. This intuitive tool helps members identify and manage their subscriptions, promoting financial well-being and strengthening their connection with your institution. We are proud of our continuous partnership with Constellation and their commitment to reshaping the future of community-based banking. Together, we are driving growth and success in the digital age. 💪 #JanuseaPartnerships #JanuseaConnections

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Are you a financial institution determining whether to build, buy, or partner on your instant payments capabilities? BAI recently published an article from our Founder and CEO, Abhishek Veeraghanta, about strategies for choosing what's best for your payments journey. #instantpayments #collaboration #innovation https://lnkd.in/eZ89nvZB

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✨ Introducing our 2024 State of Credit Report ✨ Our report findings were clear: There is an appetite for new #CreditCard offerings and rewards 🎁 among consumers—and #FinancialServices providers and brands should consider reinventing their approach to lasting customer #loyalty. Get the highlights of our report, and review the options available to get consumers to apply for—and keep using—your credit offering 👉 https://bit.ly/4flyhUB

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Big news came recently that Moov has partnered with Jack Henry to embed Visa Direct and Mastercard Send to enable push-and-pull to debit for their core banking customers. I will be onstage today with Ben Metz CTO at Jack Henry Connect to share more and what we are doing tp help SMB's! This launch is solving one of the biggest pain points for smaller banks and credit unions competing with big banks - speed of funds movement. Bank customers on a Jack Henry core can now link external debit cards for instant money movement in and out of accounts over the card networks. Moreover, we've added tools like Account Name Inquiry and Address Verification to decrease fraud, a critical concern for banks adding instant payment functionality. Some real examples: ◼️ My HELOC payment is due. Move money from my external account the same day. ◼️ My big bank frustrated me with a fee, open and fund my new small bank account same day. ◼️ I need to send my vendor money for supplies. Push to her debit card instantly. ◼️ My credit card's auto pay went through today, pull money from my external account instantly. Yes, customers can use Zelle or Remote Deposit capture to transfer funds. But, every bank offers a debit card, allowing ubiquity in real-time money movement through the existing account transfer user interface. This is a game changer because it helps those banks achieve parity with the money centers and surpass the user experience of most regional institutions. If you are at Jack Henry Connect, introduce yourself at the welcome reception! #JHConnect Press Release Here:

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The true potential of real-time payments goes beyond just speed. It’s about integrating each transaction into a dynamic financial ecosystem, unlocking opportunities for growth, efficiency, and innovation. The real question for banks and credit unions isn’t whether you’ll keep up—but whether you’ll lead. To lead, it’s crucial to move beyond processing payments and start leveraging real-time data to drive smarter, more informed decisions. This is where the future of banking lies. Are you ready to take the lead with real-time capabilities? Explore how a modern, flexible digital banking platform can help you stay ahead. https://lnkd.in/dCHYUdU #RealTimePayments #DigitalBanking #Innovation #Banks #CreditUnions #FutureOfFinance

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in this discussion with my friends at FIS we talk how fintechs are reshaping the industry and banks are set to continue to lose market shares unless they double down on technology. Doing the basics of banking right won't even allow you to survive medium term

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As banks and other FIs strive to keep operational costs down, they encounter a paradox. In the payments space, increasing transactional volume is typically seen as a path to profitability. But, producing additional volume comes with its own costs, such as expanding infrastructure, providing internal support, and implementing fraud reconciliation software. The cost of adding transactional volume increases alongside the revenues generated by those transactions. Typically, the margins per transaction don’t increase over time. Read more: https://ow.ly/rPm650TmZ1f #payments #ISO20022 #banking #financialmessaging #operationalcost

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Find out how cash automation technology is transforming banking beyond the teller line. This infographic describes how banks are harnessing transaction data to make better decisions across the branch network. Get your copy today! https://lnkd.in/d_eWzrSv

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