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In this week's B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the enterprise don't discriminate across borders as attacks hit companies in New Zealand, the U.K. MORE
To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. MORE
When the chapter is finally written on business during the COVID-19 crisis, there will be stories of the companies that simply fell victim to the virus through no fault of their own. Then there will be the companies that saw chaos and brought order, and made the best of a disaster. MORE
Despite the current economic uncertainty resulting from COVID-19, some business-to-business payment companies are gaining traction with clients and investors alike. “Our Our solution is even more relevant today than it was four weeks ago,” said Sameer Gulati, chief operating officer of the payments company Plastiq. Some of our customers are already using Plastiq as a bridge […]. MORE
INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. INV associates undergo a less intensive program than full class members. MORE
Thompson , who has been accused of hacking into Capital One ’s cloud and compromising the data of 100 million people, may have also hacked into upwards of 30 other companies, according to a Bloomberg report. has revealed how many other companies were targeted. Prosecutors did not name any of the other companies involved. It also said Thompson had said she would shoot up a social media company in California, although it isn’t known which one. Paige A. MORE
By slicing clutter out of international payments, Ripple managed to turn rivals into partners once before. It hopes a hunger for sharable authentication can make that happen again. Personally identifiable information Blockchain Ripple Digital ID MORE
With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures fall below a legal limit, The Wall Street Journal (WSJ) reports. MORE
“Banks are technology companies,” Rio Tinto recently told PYMNTS. “There’s no way around it; the bank is a technology company,” he said. Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. MORE
The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. Built on an application programming interface (API), Truepill said it provides customized B2B solutions for healthcare companies including direct-to-consumer health brands. MORE
Meet Shark Wheel, a company that has literally invented a wheel that’s not round and added some innovation to the eCommerce space by partnering with a new one-click checkout system. It makes skateboards, contributed new wheel designs to farming, printing, luggage companies and the U.S. MORE
Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company. They are also known as special purpose companies (or SPACs). In terms of mechanics, the new company would be named Pershing Square Tontine Holdings. MORE
The company will still remain available for users to upload imagery and use map data, the post assures users; but now, the company will be lending its tools to help create visual imagery of every place in the world to Facebook’s satellite imagery, machine learning (ML) and other such tools, in partnership with mapping communities. The goal, according to both companies, is to bring the world closer together. MORE
My examples include John and Patrick Collison, Stripe, who were 19 and 21 when they started their business; Andrew Kortina and Iqram Magdon-Ismail, who were in their mid-20’s when they created Venmo; Nicolay Storonsky, who was … The post The 10-year-old who runs a blockchain company appeared first on Chris Skinner's blog. I often talk about the world changing thanks to young people who can code. MORE
A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company should a major data breach occur MORE
1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm. MORE
The Travelers Companies, Inc. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in a press release on Wednesday (July 31). The company expects to give PayPal access to workers’ compensation claimants in 2020. Insurance-as-a-service company Setoo recently signed on with a new collaboration between SafeCharge and Visa’s real-time push payments platform Visa Direct to help power speedier payouts. MORE
Creating a combined company that will lead to an addition of over 300 employees to its European operations, California-based Bird has purchased shared eScooter company Circ. Circ is a top shared eScooter company in the Middle East and Europe. MORE
Dead & Company, which features three former Grateful Dead members and John Mayer, has called off its tour to allow its fans to get reimbursed, Syracuse.com reported. The report noted that tickets were sold via Live Nation, a company had reportedly modified its policies to only providing refunds if events are called off from one that is “postponed, rescheduled or canceled.”. The insurance company has also pledged an additional £80m, primarily to cut prices. MORE
I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much. MORE
I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership. Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership. Digital transformation is not a project run … Grid Numbers MORE
The reason the latter countries are leapfrogging Europe and America is that they didn’t have a large, ingrained existing infrastructure for payments and financial transactions in place until … The post Are legacy companies holding back the future? In my presentations I regularly talk about legacy Europe and America and leapfrog countries from China to India to Kenya to Colombia. MORE
Here is our pick of the 3 most important Alt Lending news stories during the week: 1.Britain is now Europe's hub for Zombie Companies Corporate debt is expected to rise still further this year as firms borrow to survive in the aftermath of Covid-19. The post Alt Lending: Zombie Companies, Revitalising Banks, Covid 19 rescue Loans appeared first on Daily Fintech. Alt Lending Banks vs Fintechs government rescue loans pandemic zombie companies MORE
The post Alt Lending: Zombie companies, Bank Interventions & conflicting priorities for Alt Lenders appeared first on Daily Fintech. Alt Lending bank interventions virgin zombie companiesHere is our pick of the 3 most important Alt Lending news stories during the week: Zombies are a major drag on the uk economy New analysis from KPMG UK finds the rising prominence of so-called ‘zombie firms’ is threatening to cause a significant drag-effect on the UK economy. MORE
Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. But letting companies load up on debt to survive now might have ripple effects later. economy zombie companies MORE
Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. But letting companies load up on debt to survive now might have ripple effects later. economy zombie companies MORE
Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. The company has set a price of between $14 and $16 per share for its sale of 35 million shares. MORE
It's a common refrain from bank CEOs -- "My bank is a technology company." But the reality is much rarer. JPMorgan Chase is showing it takes fintech seriously by building (or buying) a Silicon Valley campus, which will house 1,000 employees, including 250 from recently acquired WePay. MORE
Warren Buffett, the company’s chairman and CEO, has sold shares of Wells Fargo and J.P. At the same time, Berkshire Hathaway reported buying stock in a Canadian company, according to Reuters. and Dairy Queen, the soft-serve ice cream company. MORE
Company Related Topics 
PYMNTS
JULY 7, 2020
To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC.
Chris Skinner
APRIL 12, 2020
So, I was particularly struck by this quote from Satya Nadella, CEO of … The post Will you avoid companies that put profit before people?
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PYMNTS
JUNE 16, 2020
Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. But letting companies load up on debt to survive now might have ripple effects later. economy zombie companies
Chris Skinner
JUNE 16, 2019
The reason the latter countries are leapfrogging Europe and America is that they didn’t have a large, ingrained existing infrastructure for payments and financial transactions in place until … The post Are legacy companies holding back the future? In my presentations I regularly talk about legacy Europe and America and leapfrog countries from China to India to Kenya to Colombia.
Advertiser: Data Robot
Across all sectors, companies are learning that they can transform their businesses by embracing Intelligent Process Automation, or IPA. With the pairing of AI and RPA, IPA adds a new layer of intelligent decision-making processes to automated RPA tasks. By automating repetitive work, and adding the ability to automate intelligent decision making, intelligent automation frees up your most valuable resources – your employees – to spend more time on higher value and more strategic work. But in order to reap the rewards of Intelligent Process Automation, organizations must first educate themselves and prepare for the adoption of IPA. In our ebook, Intelligent Process Automation: Boosting Bots with AI and Machine Learning.
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PYMNTS
SEPTEMBER 8, 2020
In this week's B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the enterprise don't discriminate across borders as attacks hit companies in New Zealand, the U.K.
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PYMNTS
JUNE 23, 2020
Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company. They are also known as special purpose companies (or SPACs). In terms of mechanics, the new company would be named Pershing Square Tontine Holdings.
Bank Innovation
APRIL 1, 2020
Despite the current economic uncertainty resulting from COVID-19, some business-to-business payment companies are gaining traction with clients and investors alike. “Our Our solution is even more relevant today than it was four weeks ago,” said Sameer Gulati, chief operating officer of the payments company Plastiq. Some of our customers are already using Plastiq as a bridge […].
Chris Skinner
APRIL 6, 2018
I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.
Chris Skinner
JULY 9, 2019
My examples include John and Patrick Collison, Stripe, who were 19 and 21 when they started their business; Andrew Kortina and Iqram Magdon-Ismail, who were in their mid-20’s when they created Venmo; Nicolay Storonsky, who was … The post The 10-year-old who runs a blockchain company appeared first on Chris Skinner's blog. I often talk about the world changing thanks to young people who can code.
Advertiser: ZoomInfo
64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.
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PYMNTS
JULY 31, 2019
The Travelers Companies, Inc. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in a press release on Wednesday (July 31). The company expects to give PayPal access to workers’ compensation claimants in 2020. Insurance-as-a-service company Setoo recently signed on with a new collaboration between SafeCharge and Visa’s real-time push payments platform Visa Direct to help power speedier payouts.
PYMNTS
AUGUST 14, 2019
Thompson , who has been accused of hacking into Capital One ’s cloud and compromising the data of 100 million people, may have also hacked into upwards of 30 other companies, according to a Bloomberg report. has revealed how many other companies were targeted. Prosecutors did not name any of the other companies involved. It also said Thompson had said she would shoot up a social media company in California, although it isn’t known which one. Paige A.
Daily Fintech
JULY 16, 2020
Here is our pick of the 3 most important Alt Lending news stories during the week: 1.Britain is now Europe's hub for Zombie Companies Corporate debt is expected to rise still further this year as firms borrow to survive in the aftermath of Covid-19. The post Alt Lending: Zombie Companies, Revitalising Banks, Covid 19 rescue Loans appeared first on Daily Fintech. Alt Lending Banks vs Fintechs government rescue loans pandemic zombie companies
PYMNTS
APRIL 7, 2020
When the chapter is finally written on business during the COVID-19 crisis, there will be stories of the companies that simply fell victim to the virus through no fault of their own. Then there will be the companies that saw chaos and brought order, and made the best of a disaster.
Advertiser: ZoomInfo
When used effectively, a CRM can be the life blood of your sales team – keeping everyone organized, efficient, and at peak productivity. However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. The result? Less organization, more confusion, and fewer deals closed. Leveraging leading industry research from industry analysts, this eBook explores how your sales team can gain back valuable time.
Bank Innovation
OCTOBER 23, 2018
It's a common refrain from bank CEOs -- "My bank is a technology company." But the reality is much rarer. JPMorgan Chase is showing it takes fintech seriously by building (or buying) a Silicon Valley campus, which will house 1,000 employees, including 250 from recently acquired WePay.
Payments Source
AUGUST 18, 2020
By slicing clutter out of international payments, Ripple managed to turn rivals into partners once before. It hopes a hunger for sharable authentication can make that happen again. Personally identifiable information Blockchain Ripple Digital ID
PYMNTS
SEPTEMBER 9, 2020
The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. Built on an application programming interface (API), Truepill said it provides customized B2B solutions for healthcare companies including direct-to-consumer health brands.
PYMNTS
AUGUST 16, 2020
Warren Buffett, the company’s chairman and CEO, has sold shares of Wells Fargo and J.P. At the same time, Berkshire Hathaway reported buying stock in a Canadian company, according to Reuters. and Dairy Queen, the soft-serve ice cream company.
Advertiser: ZoomInfo
In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.
PYMNTS
JUNE 18, 2020
The company will still remain available for users to upload imagery and use map data, the post assures users; but now, the company will be lending its tools to help create visual imagery of every place in the world to Facebook’s satellite imagery, machine learning (ML) and other such tools, in partnership with mapping communities. The goal, according to both companies, is to bring the world closer together.
PYMNTS
JANUARY 27, 2020
Creating a combined company that will lead to an addition of over 300 employees to its European operations, California-based Bird has purchased shared eScooter company Circ. Circ is a top shared eScooter company in the Middle East and Europe.
PYMNTS
SEPTEMBER 16, 2020
Meet Shark Wheel, a company that has literally invented a wheel that’s not round and added some innovation to the eCommerce space by partnering with a new one-click checkout system. It makes skateboards, contributed new wheel designs to farming, printing, luggage companies and the U.S.
ATM Marketplace
AUGUST 28, 2020
A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company should a major data breach occur
Advertiser: ZoomInfo
As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.
PYMNTS
NOVEMBER 2, 2018
1) that a probe by international auditors is underway, examining a fraud that could be $200 million in scope at Aegean Marine Petroleum Network , tied to shell companies that ostensibly did business with the shipping fuel firm.
PYMNTS
JUNE 16, 2020
Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. But letting companies load up on debt to survive now might have ripple effects later. economy zombie companies
PYMNTS
AUGUST 30, 2020
With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures fall below a legal limit, The Wall Street Journal (WSJ) reports.
PYMNTS
APRIL 10, 2020
“Banks are technology companies,” Rio Tinto recently told PYMNTS. “There’s no way around it; the bank is a technology company,” he said. Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one.
Advertiser: ZoomInfo
Leveraging the latest industry research, this eBook highlights the impact of direct dial phone numbers on sales productivity with the goal of empowering reps to have more conversations with prospects, and consequently, schedule more meetings, increase opportunities, and close more business - fast.
Chris Skinner
MARCH 20, 2016
I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership. Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership. Digital transformation is not a project run … Grid Numbers
Bank Innovation
NOVEMBER 30, 2018
INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. INV associates undergo a less intensive program than full class members.
PYMNTS
APRIL 22, 2020
Dead & Company, which features three former Grateful Dead members and John Mayer, has called off its tour to allow its fans to get reimbursed, Syracuse.com reported. The report noted that tickets were sold via Live Nation, a company had reportedly modified its policies to only providing refunds if events are called off from one that is “postponed, rescheduled or canceled.”. The insurance company has also pledged an additional £80m, primarily to cut prices.
Daily Fintech
JULY 30, 2020
The post Alt Lending: Zombie companies, Bank Interventions & conflicting priorities for Alt Lenders appeared first on Daily Fintech. Alt Lending bank interventions virgin zombie companiesHere is our pick of the 3 most important Alt Lending news stories during the week: Zombies are a major drag on the uk economy New analysis from KPMG UK finds the rising prominence of so-called ‘zombie firms’ is threatening to cause a significant drag-effect on the UK economy.
Advertiser: ZoomInfo
Many organizations fail to properly evaluate vendors during the selection process. Download ZoomInfo’s data-driven eBook for guidance on effectively assessing the vendor marketplace. After reading, you’ll gain insight into the following components:
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