i2c News and Reports
Today In Digital-First Banking: SWIFT To Retool Platform For RTP; VSoft Rolls Out Bread Merchant Payment Network
September 17, 2020
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out ...Jonathan Vaux Named General Manager Of i2c Europe
September 16, 2020
i2c Inc., the digital payment and open banking provider based in Redwood City, California, has hired Jonathan Vaux as general manager of its European operations, the company announced on Wednesday ...The Payments Industry Was Ready
July 16, 2020
“Sustained business success is dependent on business readiness to adapt to the changes in the market conditions, including the evolving needs of customers.”
Most people are utterly stunned and surprised by ...i2c Partners With Credit Sesame For Enhanced Money Management Services
June 23, 2020
Digital payment and open banking firm i2c has announced its partnership with Credit Sesame‘s Sesame Cash, which will give more customers the option to use Credit Sesame’s money management services, ...i2c Names BaaS Veteran To New EVP Of Americas Sales Role
June 18, 2020
Digital payment and open banking technology provider i2c Inc. has named Kevin Fox as executive vice president (EVP) of Americas sales to support a formidable demand for its solutions. Fox ...Catching Hold Of Rapidly Digitizing Consumer Bases
June 5, 2020
It’s been a busy week in payments and commerce, as June kicks off and consumers around the world are ready to reemerge into the physical world. But their path back to ...The Future Of Payments Beyond The Pandemic
June 1, 2020
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future.
Any sudden shock to the system like we ...Crypto.com Expands Card To 31 Countries
May 27, 2020
Digital-payments company i2c Inc. has unveiled a partnership to power the expansion of Crypto.com’s end-to-end crypto ecosystem, which consists of a Visa crypto debit card and a wallet app to ...Payments Processor i2c Hiring To Meet Global Demand
April 30, 2020
Global payments processor i2c Inc. is upsizing its workforce to meet a spike in demand for digital commerce solutions among FinTechs and banks.
“We play a vital role in helping our ...Innovating Next-Gen Credit Solutions
April 30, 2020
A steady progression of credit throughout decades finds payments at a new frontier.
Traditional card products and the payment rails established to facilitate their transactions laid the groundwork for the dawning ...Agile Processing, Scalability And Reliable Partners
April 27, 2020
Ideas like “giving smaller organizations choice” are gaining new meaning in the epic first half of 2020. What seems like a lifetime ago, back in mid-January, it was still all ...How FIs And FinTechs Are Expanding The Credit Card Paradigm
April 27, 2020
As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on ...Trend Talk: Electronic Payments And Life After COVID-19
April 20, 2020
Speak with people responsible for any type of payments flow today, then find the one who isn’t keen to embrace the world’s newest and best financial tech. Just kidding. No ...Black Swans Are The Sandbox Of New Innovations
April 13, 2020
Jim McCarthy, i2c president, says disasters often breed innovation. “Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. “This ...Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
April 10, 2020
Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street.
It’s an existential threat that can be ...Restoring Cash Flow…With Cards
April 2, 2020
Small businesses are the hardest hit by the COVID-19 pandemic, which i2c President Jim McCarthy describes as unlike any disruption seen in the modern age. As customers vanished, cash flow ...Today In Payments: Discounts Kickstart Economy As China Reopens; Big Businesses Tap $124B From Credit Lines
March 25, 2020
In today’s top payments news, businesses in China are offering steep discounts to encourage people to start spending again, and big businesses in Europe, North America and South America have ...M&A, Open Banking Drive Commercial Card Innovation
March 25, 2020
As commercial card innovation expands, service providers continue to target particular pain points for their business cardholders.
This week’s look at the latest initiatives driving corporate card adoption finds an array ...Helping FIs Maximize Card Portfolio Returns In Volatile Times
March 25, 2020
Consumers are navigating the vagaries of a brave new world dominated by the coronavirus. Cardholders’ behavior may shift on a dime. That means card portfolios can experience changing returns for financial ...Innovating Cross Border B2B Payments: It Takes An Ecosystem
March 19, 2020
Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an area that’s ripe for disruption. ...In Australia, i2c Teams With Archa On SMB Solutions
March 18, 2020
Global payment and open banking technology company i2c has teamed up with corporate card provider Archa on a corporate credit program aimed at small- and medium-sized businesses (SMBs) in Australia, ...Corporate Cards Find Opportunity (And Funding) In New B2B Use Cases
March 11, 2020
B2B FinTechs are once again showing off the versatility of the corporate card.
While QuickBooks is piloting card payments on invoices powered by PayPal, Airwallex is readying the launch of its ...i2c, Airwallex Link For Cross-Border B2B Payments Card
March 4, 2020
i2c has announced that it will work with global FinTech company Airwallex to enable the Airwallex Borderless Card for B2B payments, according to a press release.
The multi-currency card will allow ...i2c Names GM In Middle East, Africa Expansion
March 3, 2020
Payment and open banking tech firm i2c plans to expand its presence in the Middle East and Africa, according to a press release.
The plans came from the “high demand” in ...Today In Payments: China Deploys Color-Coded Health Rating App; AmEx Reportedly Used Tactics To Boost SMB Sales
March 2, 2020
In today’s top payments news, Alibaba and Ant Financial created an app for the Chinese government to use to track people and their health status, and some AmEx salespeople reportedly ...Visa's Former Innovation Chief, Jim McCarthy, To Begin Position As President At i2c
March 2, 2020
There is no lack of good ideas in financial services, nor is there a lack of enthusiasm for putting them in place and enhancing the customer experience among banks and ...i2c, Sightline Team Up For Cashless Cross-Channel Gaming
February 26, 2020
Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming ...i2c, SmartHealth PayCard Partner For Health Credit Card
February 18, 2020
Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard, i2c announced on Tuesday (Feb. 18).
SmartHealth PayCard is enabled with the agile processing of i2c ...i2c Helps Bring Apple Pay To Najm Cardholders In Middle East
January 30, 2020
Digital payments provider i2c is partnering with financial solution provider Najm to bring prepaid, reloadable cards to the Middle East.
The collaboration will enable customers to make quick payments in stores, ...i2c, CashFlows Partner To Assist European Payment Card Issuers
January 22, 2020
Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. 22).
Using i2c’s ...The Future Of FIs Is About Flexible Innovation
January 7, 2020
The rise of FinTechs in the last decade – and the millions of customers they’ve siphoned away from mainstream financial institutions (FIs) – has changed the landscape for banks. Innovation ...i2c Teams With Wirex To Introduce Multicurrency Travelcard To APAC Customers
December 30, 2019
Digital banking and payments firm i2c is partnering with borderless digital payments platform Wirex to introduce a multicurrency travelcard for customers in the Asia-Pacific (APAC) region, Wirex announced on Sunday ...i2c Introduces Digital Banking To Aid Colorblind Individuals
December 23, 2019
Digital banking and payments firm i2c is introducing a banking website and mobile app designed to assist those with colorblindness, the company announced Monday (Dec. 23).
Whether a person is partially ...Evolve Taps i2c To Power Custom Banking Products For FinTechs
October 22, 2019
i2c Inc. announced that it is partnering with Evolve Bank & Trust, an FDIC-insured financial services organization, to offer a full suite of customizable credit, debit, prepaid and DDA products.
Through ...REPORT: Why 78 Pct Of FIs Say They Struggle To Innovate
September 23, 2019
Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. Successfully delivering the new features and functionality that customers and clients ...FIs Grapple With Technology — And A New Consumer Engagement Model
September 6, 2019
Customers expect more from transactions than just
simply making payments. Janet Monroe, head of global
client success at i2c, tells Karen Webster that FIs need to examine their tech infrastructure and partnerships ...Digital Banking Veterans Join i2c Leadership Team
September 4, 2019
Global digital banking firm i2c Inc. is rounding out its leadership team to include four payments industry veterans, the company said in a press release on Wednesday (Sept. 4).
Leaders added ...Concerns Mount Over Banks' Move To The Cloud
August 20, 2019
No rest for banks amid the hackers. And certainly not with an outsourced tech model.
In the wake of the Capital One data breach that exposed data tied to 100 million ...How Top Performing FIs Navigate The Corporate Card Seas
August 12, 2019
By the numbers, 2019 is a good year for corporate card innovation.
According to the Corporate Credit Products edition of the Innovation Readiness Playbook™, 74 percent of FIs offer corporate credit ...
Fostering a Culture of Innovation Infographic – May 2019 Innovation Readiness Playbook
How Small Banks are Upping their Innovation Game – May 2019 Innovation Readiness Playbook
Innovation Readiness
Innovation Readiness - The Evolving Innovation Priorities Of FIs Edition
Inside the Playbook
Innovation Readiness Playbook- 57 percent of FIs plan to focus on payment technology over the next three years.
- 80 percent of top-performing FIs will focus on data analytics.
- 62.5 percent of bottom-performing FIs will concentrate on user experience.
Innovation Readiness Playbook - Leveling The Playing Field For Different-Sized FIs Edition
Inside the July Edition
Innovation Readiness Playbook - Leveling The Playing Field For Different-Sized Fish- 40.4 percent: Portion of small FIs that sought to be first to market with new products and features in 2018
- 45.7 percent: Share of mid-sized FIs’ budgets devoted to innovation in Q4 2018
- 68 percent: Portion of large FIs that will focus on payment technology over the next three years
Innovation Readiness Playbook - Corporate Credit Products Edition
Inside the May Edition
Innovation Readiness Playbook - Corporate Credit Product Edition- 86.7 percent: Share of top performing FIs that are investing in corporate credit product innovation
- 53.6 percent: Share of FIs that prefer to observe market trends before quickly unveiling new corporate credit products
- 80.2 percent: Portion of FIs that will focus on offering a mix of new corporate credit products and features
Innovation Readiness Index - 2019
INSIDE THE 2019 EDITION
INNOVATION READINESS Study- 35.3: Average index score among FIs in 2018
- 45.5 percent: Share of FIs that rolled out innovations after observing market trends
- 25.4 percent: Portion of FIs that said budgetary restrictions hindered innovations
INNOVATION READINESS Study
INSIDE THE INAUGURAL INDEX
INNOVATION READINESS Study- 36 percent of FIs said their existing IT infrastructure made payments innovation hard or very hard
- 68.0 percent of FIs with less than $500 million in assets say they are well suited for innovation
- 63.0 percent of FIs identify meeting a customer need as the main driver for innovation
- 83.6 percent of FIs run core processing systems without a sandbox for development innovation
- 39.7 percent of top innovators use sandbox-to-scale functionality
