#paytech

The fee providers panorama has at all times posed regulatory challenges. From PCI-DSS to complying with BSA guidelines, paytechs have at all times invested assets into following the regulation. Nonetheless, income recognition could be probably the most difficult course of paytechs cope with. Greater than recurring income companies, paytech corporations discover ASC 606 (the IRS income recognition…

In 2018, Cardlytics (NASDAQ: CDLX), a tech company that operates as an advertising platform in banks’ digital channels, and JPMorgan Chase Bank (NYSE: JPM) struck a PayTech deal.  Notably, the Wall Street giant began using Cardlytics’ Purchase Intelligence platform that banks can integrate with their debit or credit cards to create a loyalty program. This solution provides customers with…

Innovation in our industry doesn’t just mean changing how businesses and consumers make and receive payments. We need to innovate when it comes to building a diverse, inclusive, and supportive community, too—one that reflects our clients and the customers and workforces they serve. As Chief Delivery Officer, I lead a team that is doing just that—not only building and fostering a vibrant, welcoming culture but looking beyond our business to give back to the communities that intersect with ours. This work requires daily focus throughout our organization and I’m proud to champion these efforts.

Let me back up a bit—when I got my start in this industry, I was one of only a few women at the table. While that’s changed somewhat, women remain a minority in this field, comprising just 19% of fintech leadership. So, mentoring professionals who are underrepresented in fintech has always been important to me. I was fortunate to participate in the inaugural year of RiseUp, a program that helps aspiring women leaders unlock the next steps in their careers. During the program, I mentored two incredible women, guiding them to find the confidence and job offers they deserve.

Creating similar opportunities at Onbe has been a priority for me and the executive leadership team. We’ve focused on promoting from within and mentoring employees as they advance in their careers. I’m also proud to say that although women leaders remain underrepresented in fintech, at Onbe we have taken major strides to change that: 52% of our company leadership is comprised of women. In addition, 37% of our employees identify as BIPOC and over half of all new hires over the past year have been BIPOC—part of our commitment to building a team that reflects our diverse world.