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IndustryUpdate

ANNOUNCEMENTS remittance options, SentBe stated. The company special-
izes in foreign exchange services, having launched its
personal remittance service in 2016. Traditionally, the
Mobile app developer global money transfer process is complex, expensive,
Dogtown a top B2B provider and slow; however, using the SentBe service via the
mobile app or website, users can transfer money in real
Mobile app developer Dogtown time or up to one day to 50 countries at a tenth of the
Media was recognized by B2B cost of traditional methods, SentBe noted, adding that
research firm Clutch as one of the while traditional remittance methods through banks can
Top 1000 Global Service Providers. take place only between other banks, SentBe provides
Being among the top 1 percent of receipt methods depending on user preference.
companies evaluated on Clutch's platform is a testament
to Dogtown's ability to deliver quality mobile technolo- UPI issues 200 million cards
gy solutions to an array of distinguished clients from VC outside Chinese Mainland
backed startups to Fortune 500 organizations, Dogtown
stated. Clutch's assessment process includes analyzing With the issuance of UnionPay cards exceeding 200
verified Clutch reviews, selection of clients and portfolio million outside the Chinese Mainland, UnionPay
of work, the robustness of the profile including special- International (UPI) said it is stepping into a new decade
izations and experience, as well as brand awareness and of providing high quality, cost effective and secure
recognition in the industry. cross-border payment services to the world's largest
cardholder base. UPI's partners have expanded from
Four Jack Henry FIs win 2022 WebAwards 60 initial members since establishment in 2012 to 2,500

Jack Henry reported that four financial institutions institutions internationally with an acceptance network
leveraging its web hosting and design services received that currently spans 181 countries and regions, 78 of
WebAwards: P1FCU was awarded Best Credit Union which now issue UnionPay cards, ensuring convenient
Website, marking the third consecutive year that a local services to an ever-growing number of global
Jack Henry client has won a "Best of" category. Pelican UnionPay cardholders and merchants, UPI noted, add-
State Credit Union was awarded Outstanding Website, ing that presently, outside the Chinese Mainland, 38
and Peapack-Gladstone Bank and Carver Bank were million global merchants accept UnionPay cards, a four-
both awarded Bank Standard of Excellence. The Web fold increase since 2012, with 4 million new merchants
Marketing Association's WebAward program is dedi- added in 2022 alone.
cated to setting the standard of excellence for website
development. Expert judges from around the world RESEARCH
review sites across 86 industries based on design, inno-
vation, content, interactivity, copywriting and ease of Jedox exec lists top FP&A trends for 2023
use.
Financial planning and analysis (FP&A) is evolving
Melissa Pancoast named into a new area of influence with cross-departmental
2022 Inspiring Fintech Female and cross-dimensional impact, according to Dr. Björn
Schmidt, chief finance officer, at Jedox. Accurate, fre-
Melissa Pancoast, founder and CEO of fintech startup quent, and integrated business planning is crucial as
The Beans, was named a 2022 Inspiring Fintech Female geopolitical tensions, worldwide inflation and supply
by NYC FinTech Women. NYC Fintech Women, a vol- chain disruption continue to reshape the global econ-
unteer organization serving more than 4,000 members, omy, Schmidt noted. This year's trend report reflects
hosts its annual Inspiring FinTech Females to honor changes that have unfolded in the past 12 months, which
women transforming the fintech ecosystem. This year's bring both challenges and opportunities for better busi-
honorees include 17 female founders as well as industry ness performance. Key points include: adaptability is
leaders in all areas of fintech. Pancoast founded The the new stability; integrated business planning will give
Beans to combine advances in machine intelligence rise to more meaningful collaboration; simplified plan-
and psychology to transform the way hard working ning enables a culture of decisiveness and confidence;
Americans relate to their finances. AI is mature and omnipresent in the office of finance;
SentBe launches cross-border transfers to US technology is a talent magnet; FP&A professionals are
strengthening their roles as business partners; and geo-
Korean fintech company SentBe launched its inter- politics will continue to exert its influence over inputs
national money transfer service in the United States. and planning.
Customers, including migrant workers in the United
States, can now send U.S. dollars to more than 50 coun-
tries with greater ease and at a lower rate than existing

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