Full-Time
Confirmed live in the last 24 hours
Embedded banking solutions for financial operations
$52.9k - $60.8kAnnually
Junior, Mid
Company Does Not Provide H1B Sponsorship
Vancouver, BC, Canada
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FISPAN provides embedded banking solutions that integrate financial services into enterprise resource planning (ERP) and accounting systems. Its main product is a cloud-based platform that connects banks with corporate clients, allowing for automated accounts payable (AP) and accounts receivable (AR) processes, real-time payments, and improved cash management. This platform helps corporate treasurers, CFOs, and financial institutions streamline their financial operations. FISPAN differentiates itself from competitors by focusing on seamless integration with existing ERP systems and offering a subscription-based service model, which includes access to various features and potential transaction-based fees. The company's goal is to enhance the efficiency of financial operations for its clients while leveraging trends in open banking and digital transformation.
Company Size
51-200
Company Stage
Series A
Total Funding
$38.8M
Headquarters
Vancouver, Canada
Founded
2016
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Health Insurance
Dental Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Flexible Work Hours
Parenthood Top-Up
At AFP 2024, FISPAN's Senior Vice President of Revenue, Zack Manning, joined Mathew Obergfoll, Head of Middle Market at Wells Fargo for Global Treasury Management, on the Treasury Takeaways podcast to discuss a topic at the forefront of financial services: innovation and collaboration between banks and fintechs.
JPMorgan Chase has named Hubert J.P. Jolly the new head of payments solutions for its commercial banking business.Jolly is co-head of global corporate and eCommerce sales at J.P. Morgan Payments, the company said in a Tuesday (Dec. 5) press release emailed to PYMNTS.In his new role, Jolly will help deliver JPMorgan Chase Commercial Banking’s payments, liquidity and account solutions to clients, according to the release.“In this role, J.P. and his team will be focused on identifying, developing and commercializing integrated payments solutions for its clients, including high-growth startups, midsize businesses, government entities, not-for-profit organizations, large corporations and commercial real estate investors, developers and owners,” the release said.Before joining JPMorgan Chase in 2020, Jolly was head of treasury services for Bank of America’s commercial bank, per the release.In his new role, he will report to Doug Petno, CEO of Commercial Banking, and have accountability to Takis Georgakopoulos, global head of payments, according to the release.“We’re excited about the opportunities ahead and look forward to continuing to build momentum under J.P.’s leadership,” Petno and Georgakopoulos said in a joint statement.Commercial banking is primed to refashion commercial payments and make them more user friendly by helping businesses of all sizes scale more easily by deepening their ties to the connected economy, Sam Yen, chief innovation officer for Commercial Banking at JPMorgan Chase, told PYMNTS in an interview posted in November 2022.“Technology is not as scary as it once was,” Yen said, noting that while businesses are more open to new ideas today than in the past, it’s also important for financial institutions and their clients not to get too hung up on the details of payment modalities or the hardware and software aspects, which are just “instruments and tools.”PYMNTS Intelligence has found that corporate banking clients are becoming increasingly demanding when it comes to getting advanced digital tools and support from their financial institutions.Whether it’s a small to medium-sized business (SMB) or a large corporation, business leaders have cranked up their acceptance of and need for digitization across their empires, according to the “Next-Gen Commercial Banking Tracker®,” a PYMNTS and FISPAN collaboration
Entrust has launched a new digital account opening solution for banks and credit unions.The new Entrust Digital Account Opening Solution is designed to overcome barriers created by geography, technology or inconvenience that make it difficult for consumers to open an account, the company said in a Tuesday (Nov. 28) press release.“Entrust is working to redefine the customer experience in the banking industry,” Tony Ball, president of payments and identity at Entrust, said in the release.The Entrust Digital Account Opening solution enables banks and credit unions to onboard new customers from anywhere using their smartphones and government-issued IDs, according to the press release.In addition to helping financial institutions reduce the time and effort required for genuine consumers to open a bank account online, the solution aids them in providing those new account holders with both a digital card issued to a mobile wallet and a physical card delivered through a branch or by mail, the release said.The solution also reduces risk for financial institutions and ensures know your customer (KYC) compliance, per the release.“With our new solution, banks and credit unions can enhance their service to all of their customers, offering faster onboarding, an unmatched level of security and convenience,” Ball said in the release. “And, by breaking down barriers to account opening, more people will be able to build trusted banking relationships more easily, and lay the foundation for healthy, long-term involvement with the digital economy.”PYMNTS Intelligence has found that the onboarding experience at many financial institutions is difficult, with processes that still rely on manual, time-consuming tasks, visits to brick-and-mortar locations and requests for paper copies of documents.Their potential customers, however, are increasingly sophisticated and have developed higher expectations about onboarding after having experienced the new standard of a seamless onboarding process offered by companies like Apple, Google and Amazon, according to the “Next-Gen Commercial Banking Tracker®,” a PYMNTS and FISPAN collaboration.Working with FinTechs or other third parties to digitize onboarding could be the preferred strategy for financial institutions to streamline the onboarding process easily and completely, the report found
FISPAN is excited to announce its newest ERP partnership with Sage, the leader in accounting, financial, HR, and payroll technology.
Bill Crowley joins FISPAN, a Vancouver based banking infrastructure firm, as its chief product officer.