Summary of Webinar: How to drive digital revolution in B2B payments – learnings from Memo Bank

00:00:00 - 00:45:00

In this webinar, the CEO of Memo Bank discusses how the company is driving digital revolution in B2B payments by providing cutting-edge technology and customer relationship-focused solutions. He explains that all clients can now use the API to automate transactions, and he looks forward to someday being a customer of Memo Bank himself.

• 00:00:00 Memo Bank provides cutting-edge technology to enable others to do cardishing and payment processing. In the founder story, Denise Johansen explains how the company came up with the idea for a new bank specifically designed for small and medium sized businesses. The agenda for today is to walk through the founding story, look at the market need, and discuss the payment solution and customer requirements. The last section of the webinar is dedicated to leadership.
• 00:05:00 Memo Bank is a startup that revolutionized the digital payment experience for small businesses in France by creating technology from scratch and bringing on experienced bankers from within and outside the industry. The journey was difficult and it took three years, but the end result was a successful bank that is already in the industry and revolutionizing it.
• 00:10:00 The speaker discusses the challenges they faced in building a successful digital payment system for businesses. They highlight the importance of hiring the right people, compliance and finance, and the need to keep the agility and pace of the technology side in mind while still having a team of senior people.
• 00:15:00 Memo Bank started with a focus on building products for actual needs, and then waited for feedback to put priorities on their world map. They decided to build in-house, and focused on the areas of payment processing, overdraft, and banking accounts.
• 00:20:00 Memo Bank's focus is reliability, which they validate by looking at a partner's downtime record, number of hours worked, and other factors.
• 00:25:00 The speaker shares some of the lessons they've learned while running their own business. They emphasize the importance of transparency and trust, and how essential it is to have a good partnership with your partners. They also discuss the importance of having a clear business plan and the importance of having a team of people who can help you when things go wrong.
• 00:30:00 This video discusses how Memo Bank, a financial technology company, tries to hire the best people and how this affects overall company performance. Memo Bank also discusses how HR plays a role in this process and how it is important to have a diverse and honest workforce.
• 00:35:00 This video discusses how Memo Bank, a Finnish company, has been able to drive digital revolution in B2B payments by integrating management system and training managers. The company has faced some regulatory challenges, but remains committed to its goals and employees.
• 00:40:00 Memo Bank provides digital payment solutions to businesses. Their unique value proposition is their customer relationship-focused approach, which is built on technology and speed.
• 00:45:00 In this webinar, the CEO of Memo Bank discusses how the company's automated payments API is changing the way businesses do transactions. He explains that all clients can now use the API to automate transactions, and he looks forward to someday being a customer of Memo Bank himself.