Igor Ulis

Chief Digital Officer @libertylending_ | Managing Partner @commonoceanvc | Digital Transformation to Support Financial Wellbeing

[Igor Ulis @igorulis]

Arguably the most vital component of #companyculture and what should be the core stepping stone to better progress is #employeewellness. When you concentrate here, you’ll see your company #culture improve more likely than not. @Forbes https://t.co/A8Bb3axQ9F

[Igor Ulis @igorulis]

The behavior of your teams and their habits will ultimately reflect the culture you’ve put into place. A strong organizational culture = good behaviors repeated at scale.

[Igor Ulis @igorulis]

A growth of 332% is staggering and will open some eyes. Added flexibility and tracking with virtual credit cards make the business case very clear to middle-market companies. From all industries, it seems. @pymnts

[PYMNTS @pymnts]

Middle-market companies are turning to virtual credit cards to manage working capital more effectively. Adoption is set to grow 322% in the next year, with CFOs leveraging their flexibility and enhanced spend tracking to navigate economic uncertainty. https://t.co/1J1PieGaef

[Igor Ulis @igorulis]

This visual courtesy of @Softjourn shows some of the key motivating factors here. As long as budgets remain tight for Americans, there’s a prime avenue for financial institutions to expand their offerings while also supporting people in a big way.

[Igor Ulis @igorulis]

#Economic conditions are forcing customers to make tough decisions. There are simple purchases they must make to keep their families fed and even a roof over their heads. While this is not the case for everyone, it is a stark reality for many Americans. #BNPL

[Igor Ulis @igorulis]

It’s something that has given rise to BNPL. Credit card interest rates can be crippling. With companies and services offering #BNPL with interest-free options, this makes a ton of sense for some families.

[Igor Ulis @igorulis]

Taking a calculated approach to feedback is important. We’re not talking about tearing people down or being overly critical. Open dialogue and conversations. Leaders especially have to look for this feedback. @McKinsey

#Leadership #Feedback

[Igor Ulis @igorulis]

Technology keeps becoming more sophisticated. Naturally, consumers are going to experience learning curves and even frustrations could set in. That’s why we in the financial technology space or anywhere else have to work to make their jobs easier.

#Technology #Fintech

[Igor Ulis @igorulis]

Yep. This is what leaders have to understand. If you make “mandates” they’ll ultimately always be met with friction. A true buy-in takes more than just forcing people to follow your new rules. @HarvardBiz

[Harvard Business Review @HarvardBiz]

Culture is like the wind. When it is blowing in your direction it makes for smooth sailing. When it is blowing against you, everything is more difficult. https://t.co/7VvfNZCnPO

[Igor Ulis @igorulis]

I loved this #QuoteoftheDay from @McKinsey where Stephen Schwarzman highlights the value of analyzing our mistakes. The growth of our culture starts with learning from mistakes and filling in the gaps. No good comes from acting like they’re not there.

#Culture #CompanyCulture

[Igor Ulis @igorulis]

Fintech investment is not what it once was but taking a look at Q3 investment from this year, it’s promising to see how the U.S. is pushing through the year strong. #Fintech 🇺🇸 @Fintech_Global

[Igor Ulis @igorulis]

#Mastercard wants to introduce a “numberless card.” More specifically “to replace the need for manual card entry and one-time passwords with tokenization and biometric authentication at online checkout by 2030.” Could it work? The short answer is yes. https://t.co/poerwTSF4o

[Igor Ulis @igorulis]

.@AlexH_Johnson was boots on the ground for @money2020 this year in #Vegas and had a ton of sessions to go to with plenty of insights to take from each. Some that #fintech experts are going to want to pay close attention to 👇

#Fintech #Money2020 https://t.co/9RIAS0tf4o

[Igor Ulis @igorulis]

.@money2020 is a “pay attention moment” each year for the fintech industry and for this year’s event, we can see why. In #Vegas, several fintech startups stood out.

#Fintech #Technology #Money2020 https://t.co/nl656FSz4D

[Igor Ulis @igorulis]

Paper checks seem outdated but over half of Americans in 2023 still used them for a transaction at one point or another. Not just on the individual level but for organizations too who still commonly use checks. This usage means #fraud closely follows. https://t.co/zdCis2B8ad

[Igor Ulis @igorulis]

X, formerly known as Twitter, had bold plans to become a “payments super app.” Something that we’ve yet to see from one of the largest social platforms out there. However, it looks like those plans are being put on hold due to a new legal battle. @pymnts https://t.co/EWXa3XKrET

[Igor Ulis @igorulis]

“Surround yourself with people who tell you what you need to know. Not just what you want to hear.” Very, very important point to make when it comes to #leadership.

[Harvard Business Review @HarvardBiz]

Leaders with good judgment listen for what’s unsaid. They surround themselves with people who will tell them what they need to know — not what they want to hear. And they think carefully about the risks of implementation — even for small projects. https://t.co/wO8iNoTyI2

[Igor Ulis @igorulis]

@AlexH_Johnson This is such a good recap and breakdown, Alex. Thank you for sharing all your takeaways. Let's see if secured cards finally have their breakthrough moment.

[Igor Ulis @igorulis]

Poor internal financial management and processes can easily doom a business. Not something they want to allow to linger. @pymnts

[PYMNTS @pymnts]

With rising invoice volumes, outdated manual accounts receivable processes are putting companies' financial health at risk. A new PYMNTS Intelligence’s report reveals most U.S. firms face cash flow and forecasting challenges due to these outdated systems. https://t.co/WeLupXtbbl

[Igor Ulis @igorulis]

Your people and your dynamic culture can be the most powerful driving force of your business. Sustainable and competitive businesses are fueled by great talent and people 💪

#PeopleFirst #Talent #BusinessTransformation