Dvbq What is the Future of Digital Wallets
Bank of America聽has debuted an analytics tool for its聽CashPro聽digital banking platform.CashPro Insights, announced Tuesday Jan. 9 , is designed to let the banks corporate and commercial clients glean insights that help them make more informed treasury decisions. In treasury and cash management, data continues to be an untapped resource that has the potential to reveal trends, weaknesse stanley cup s or opportunities, Jennifer Sanctis聽, head of CashPro App, said in a news release provided to PYMNTS. This potential can only be realized when data is thoughtfully organized and analyzed, which is the key objective of CashPro Insights. According to the release, one of the first features of CashPro Insights is the Security Insight, which is displayed as a security meter that assesses a stanley water bottle nd then makes recommendations on how user can im stanley hrnek prove their security controls. From there, users can complete a recommended task within the platform by clicking the CashPro Click to Action commands.Bank of America says CashPro facilitated 340 million client payments in 2023, up 8% from the prior year, with each one carrying a robust amount of transactional data. The release of CashPro Insights follows Septembers announcement that Bank of America had added new artificial intelligence AI and machine learning聽capabilities to the platform. Finance teams today need access to information quickly, at any time of day, and from any location. Whatever we can do to eliminate friction will help them respond better and Ztja MasterCard s Multitasking Parking Meter
After almost one year in the position, PayPals Chief Technology Officer James Barrese will resign effective April 1, ZDNet reported Monday Feb. 8 .According to an SEC filing, after Barrese officially steps down, the responsibilities of the CTO position will be split between two current employees.While stanley deutschland Sri Shivananda, PayPal VP of Global Platform Infrastructure will act as the new CTO, the payment services functions currently handled by Barrese will be handed over to PayPals Global Head of Product Engineering, William Ready. I am very pleased to welcome Sri to our leadership team as our next CTO, Dan Schulman, President and CEO of PayPal said in a statement. Sri has demonstrated outstanding leadership qualities and has been responsible for effectively running our critically important online payments systems around the world. He has the right skillset to allow us to remain at the forefront of innovation in the payments industry. There is no indication as to why Barrese is leavin stanley quencher g or why the duties of the CTO stanley cup role are now being split up.Barrese, who currently serves as both CTO and SVP, Payment Services at PayPal, joined eBay in 2001 and moved to PayPal in 2011. Prior to PayPals split from its former parent company eBay, Barrese was appointed as CTO last March, ZDNet reported.Schulman added, James has made invaluable contributions to our organization including overseeing a transformation of PayPals technology platform, which strengthened our
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