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In a 24/7 world of digital commerce that spans the globe, payments velocity 鈥?and the velocity of innovation itself 鈥?is critical.Aditya Mishra, vice president of product management at Plastiq, said that product teams can help improve financial services development 鈥?particularly when it comes to building payments into the mix. But to do so, those same
stanley website development teams have to fine-tune what insights they seek to gather from customers, as well as what they do with the insights once they are in hand. Everything shifts when you put the lens of payments on [a situation], he said, especially with how rapidly things are changing. Thats especially true when it comes to shaking up the status quo.Tweaking the Product Development ApproachMishra said that product develo
stanley cup canada pment teams need to tweak practices to better suit end users, so that the teams themselves are agile and forward looking.He said that two dimensions govern how product team leverage consumer insights. On the one hand, theres the constant exploration of the next big problem to solve. Theres always the potential to be blindsided by a new issue or consumer desire that takes a company by surprise 鈥?vigilance on the part of the enterprise
stanley canada and a constant flow of feedback can minimize that risk.As for the second dimension, product teams must monitor the reception of services and products that have already been launched.Mishra said that at any point, on any given day 鈥?specifically for payments teams 鈥?exploring and solving Pdum Drip Secures $113 Million to Grow Digital Trade Finance Platform
The image of SME finance services varies greatly across the globe. So when large financial聽conglomerates聽ramp up operations in a single region, like Mastercard has recently
stanley cup done across Asia-Pacific APAC , their approach will probably look a bit different than it would in another part of the world.Mastercard latest B2B initiative in APAC is to team with Maestrano, an Australia-based cloud platform designed for smaller companies to help integrate all of their cloud and non-cloud applications. The partnership sees Mastercard linking banks that issue its cards to Maestrano solutions that the banks can provide to their own small business customers. St茅phane Ibos, cofounder and CEO of Maestrano, told PYMNTS that the particulars of SME banking in APAC must be kept in mind. But, as he explained, there are characteristics of the local聽SME FinServ market that look pretty familiar to those of the U.S., Europe and elsewhere.For instance, the collaboration between Mastercard and Maestrano leverages a financial institution to help an SME adopt cloud technology. As in many markets, the bank is typically the most trusted financial service provider an APAC small business has,
stanley polska Ibos said.Banks are generally seen as secure because of the regulations they are subject to, he said. This helps a lot with the negative perception that can be associated with the cloud.That negative perception often r
stanley fr elates to the security of cloud technology and that data stored wit