B2B Receivables Remote Deposit Capture Technology

New Solutions for "Stranded" Payments

How do you handled "stranded" payments? Those received at the corporate headquarters rather than mailed to a lockbox, handed over in person to sales representatives or over the counter, and other errant checks? Over at the TAWPI blog Mark Brousseau talks to Sam Globack of WAUSAU about new developments in lockbox and remittance processing that […]

Strategy

Leverage a Centralized Transaction Processing/Analytics Hub to Support Smaller Entrepreneurial Biz Units

Food for thought from today's NYTimes biz section: After spending decades growing and merging themselves into their behemoth proportions, big businesses are rediscovering the charms — and the innovative side effects — of thinking small. By breaking huge business units into smaller, nimbler teams, companies stand a chance of rekindling the creative spark that got […]

BI and Performance Management Technology

New IBM Tool Helps CFOs Identify Underperforming Finance Functions

On Friday IBM announced its new Finance Transformation Workbench tool to help CFOs identify underperforming finance functions within their company and identify new opportunities to transform and improve the finance function. According to the 2008 IBM Global CFO Study, one-third of CFOs and senior finance executives stated they are ineffective at measuring and monitoring business […]

B2B

GTNews: Corporate Payments

A recent round up of payments articles on GTNews features a couple good items on corporate payments:How Corporates Should Tackle the Credit CrunchMalcolm Taylor, AccuityThis article looks at the basic steps corporates can take to simplify their business operations, reduce risk and optimise performance.Today's Cash Management Systems: Meeting Clients' Needs?Mike Vigue, Bottomline Technologies In order […]

Uncategorized

Tightening Credit Increases Focus on Liquidity

Tomorrow's New York Times reports that banks are issuing fewer loans to companies and charging more. This increases the pressure on corporate accounting and finance to manage cash flow judiciously; increasing the rate at which receivables are collected and closely managing the rate at which payments are disbursed. It's a good time to be selling […]

Carol Coye Benson Writings

An Interview with Steve Ellis, NACHA Chairman

Glenbrook’s Carol Coye Benson interviewed Steve Ellis, NACHA Chairman, recently about the use of ACH to access consumer checking accounts and NACHA’s Secure Vault Payments initiative. Read on for her full report.

Guest Post Jim Salters Writings

Mobile P2P Payments Continue to Evolve in the US

by Jim Salters One of the “hot topics” in payments in the US market is the evolution of mobile payments – from “inevitable idea” to reality. Obopay and PayPal Mobile are both now over 2 years old – having been launched in the spring of 2006. TextPayMe, a mobile payment service that launched in late […]

B2B

How Banks Encourage the Status Quo in B2B Payments

Today Carol Coye Benson (of Glenbrook) and I concluded a series of private B2B payment webinars, adapting the content of our B2B payment workshop for the product and technology teams at a leading payment providor. Each and every time I speak on this topic, I experience waves of frustration and hope. Hope becuase there has […]

Mobile Banking & Payments Payments News

Musings on the Future of Contactless Payments

David Birch has a great post on the future of contactless payments vs. phone payments: I've heard more and more people — on the issuing side — talk about skipping over contactless cards completely and just moving directly to phones of one form or another, either NFC phones or phones with NFC stickers on them. […]

Conferences & Meetings Mobile Banking & Payments Payments News Technology

Demo Videos from Finovate Startup Posted Online - Very Cool

Back in April I attended Finovate Startup here in San Francisco and live blogged the event. It was a whirlwind of 40 startup/young financial technology companies presenting 5 min demos (no scripted PowerPoint!) of their products/new features. Lots of energy, great people, and some really cool stuff. This week the videos were posted online, so […]

Caught My Eye

Companies Save Money with Incentive Based Wellness Programs

The Wall Street Journal explores incentive based wellness programs for workers that reduce company's health care costs and foster a "more collegial environment." As it turns out, healthy workers are less grouchy. Excerpt: Wesley Willows got help from Tangerine Wellness Inc., a Boston firm that designs incentive-based weight-loss programs. The retirement community now spends $20,000 […]

Banking Economic Outlook Research Round Up

Bankers More Pessimisstic than Businesses (American Banker)

In conjuction with its Executive Forum, American Banker (subscription required) reports on two research studies conducted during the second quarter by Greenwich Associates indicating that bankers are more pessimistic than their business customers about the economy. Courtesy of American Banker: Economic Outlook Borrowing: Learn more: Executive Forum 2Q '08Bankers, Clients Views on Cycle DivergeAmerican Banker […]

Banking Economic Outlook

Jamie Dimon on Charlie Rose (video)

This is really interesting – filmed last week in Aspen, aired on Charlie Rose Monday and continued on Tuesday. Jamie Dimon on Charlie Rose (Monday July 7) Jamie Dimon on Charlie Rose – continued; starts 43 min into the episode (Tuesday, July 8)

Global Payments

SWIFT in the City by the Bay

According to Bank Technology News, SWIFT has opened an office in San Francisco (at the base of California Street) to better serve its 160 customers and potential customers on the West Coast. Welcome SWIFT!

Management Project Management Technology

Bad Leadership is at Fault when IT Projects Fail

A recent guest post by Mike Kavis at the IT Project Failures blog underscores that the reason IT projects fail has little to do with IT and everything to do with change management and leadership. Most large business transformation projects fail because IT leaders don't acknowledge, or at least underestimate, the impact of change on […]