Wed.May 27, 2020

What happens to customers who don’t want digital?

Chris Skinner

Living in a digital world, it’s hard to imagine being disconnected. Yet, some people are. According to a recent survey by Which? Magazine, four percent of consumers don’t have a mobile phone.

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ABB On How Smart Cities Can Emerge Stronger Out Of The Pandemic

PYMNTS

The global smart cities market is projected to grow to nearly $3.5 trillion by 2026, driven by investment in everything from connected street lighting systems to smart electrical grids.

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Things worth reading: 28th May 2020

Chris Skinner

Preparing Merchants For The Coming Mobile Wallet Boost

PYMNTS

Call it the great shift. We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means.

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The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Not all payments can be processed at home: How one JPMorgan team managed

Payments Source

The lines of white cooling trailers that silently announce the scale of the tragedy are what lockbox employees at JPMorgan Chase see on their way to work. Coronavirus JPMorgan Chase Payment processing

More Trending

Why Samsung Money?s launch couldn?t wait for the economy to improve

Payments Source

Many companies are postponing product rollouts until the economy improves, but the Samsung Money debit card could be better suited for spending habits during the coronavirus pandemic. Samsung Pay Debit cards Coronavirus Samsung Mobile wallets Loyalty and rewards

FedEx Eyes Stake In Germany’s Hermes Delivery Service

PYMNTS

With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes , according to the Handelsblatt newspaper, as reported by Reuters.

Visa's 'digital dollar' patent application raises central bank privacy issues

Payments Source

Visa’s proposed serialization of the digital dollar will further intensify the debate over privacy issues raised by central bank digital currencies, says Seccurency's Patrick Campos. Blockchain Digital currencies

FIs Or FinTechs: Who Will Power Banking?s Big Digital Shift?

PYMNTS

The pandemic has accelerated the digital roadmap for everyone in financial services, giving rise to more innovation in the past few months than had been seen over the course of several years.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Pandemic seals Amex?s commitment to the cloud

Payments Source

American Express began adopting cloud computing a couple of years ago and has leaned hard on the technology to help front-line and corporate employees work at home during the coronavirus crisis, its global head of infrastructure says. American Express Cloud computing

Innovating The ATM Beyond Cash

PYMNTS

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception.

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Remitly launches cash deposit service on Green Dot network

Payments Source

Money transfer agent Remitly has launched a cash deposit service for its digital bank account holders on the Green Dot retailer network. Remittances Retailers Green Dot Cash

Amazon Eyes Zoox Acquisition For Autonomous Cars

PYMNTS

Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

Australia’s Largest Bank Leaves Fintech Startups For Dead With Benefits Finder App

Daily Fintech

Jessica Ellerm is a thought leader specializing in Small Business and the Gig Economy and is the CEO and Co-Founder of Zuper, a neowealth disruptor in Australia. In the second quarter of this year, the UN estimates the COVID-19 pandemic will wipe out 6.7% of all working hours, globally. That’s the equivalent of 195 million jobs. We’re already seeing surges in unemployment rates in many countries – the US unemployment rate rose to 14.7% in April, just shy of predictions of 16%.

MoneyGram, Uber Offer Discount On Digital Money Transfers To Drivers

PYMNTS

MoneyGram is partnering with Uber in order to offer discounts on money transfers to over 200 countries and territories, a press release states. The discount is available to anyone who earns money on an Uber-related gig economy app, including Uber Eats, Uber Works and Uber Freight.

Four Ways Banks Protect Seniors by Reducing Social Isolation

ABA Community Banking

For seniors, social distancing saves lives but breeds vulnerability to fraud. Here’s how banks are protecting older Americans’ finances in the COVID-19 era and beyond. The post Four Ways Banks Protect Seniors by Reducing Social Isolation appeared first on ABA Banking Journal.

Easing SMBs’ Digital Transformations Through Online Payment Acceptance

PYMNTS

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community.

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Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

Walmart, Green Dot inching MoneyCard closer to banking look-alike

Payments Source

The reloadable debit card resembles a bank account with new high-yield savings account and other tweaks. Digital banking Debit cards Green Dot Walmart Digital Banking 2020

Today In Payments: Amazon Eyes Zoox Acquisition For Autonomous Cars; Walmart, ThredUp Join For Pre-Owned Clothes

PYMNTS

In today’s top news, Amazon is in talks to acquire self-driving startup Zoox, Walmart is partnering with ThredUp to sell pre-owned clothes and Google Assistant is piloting a new feature that will allow users to make payments using their voice. Amazon Eyes Zoox Acquisition For Autonomous Cars.

Here Are The Most Active Fintech Investors Since 2019

CB Insights

Fintech saw its worst quarter in 2 years in Q1’20, as investors pulled back from deals amid the coronavirus pandemic. The quarter saw fintech activity fall to $6.1B across 404 deals, marking the worst Q1 since 2016 for fintech deals and the worst Q1 for funding since 2017.

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Lexus Gains A Partner In Online Reputation Management

PYMNTS

With so many retailers hustling to capture the digital shift, it’s easy to let the details suffer. Unanswered customer complaints is one common example, particularly for companies that are new to amplifying their online channels.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”

UBS to Establish Digital Venture Capital Fund

Banking Exchange

The Switzerland-headquartered bank is spending hundreds of millions of dollars to digitize its operations The Economy Technology Financial Trends Tech Management Online Feature3 Fintech Feature Covid19. 1Technology

Private/Public Partnerships A Boon For Central Bank Digital Currencies?

PYMNTS

The movement toward digital currencies may be a bit of an arms race of sorts, for now. But the question arises: Once they’ve been created and backed by central banks, what do you do with them once you have them?

Texas Capital Bank Abandons Merger with Independent Bank

Banking Exchange

The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations Management Feature Financial Trends Lines of Business M&A Feature3 Operational Risk Covid19 Human Resources PPP. 1Management

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Retail Reopening Hinges On Dangerous Discounts

PYMNTS

Revenge shopping will not be a factor in the U.S. retail reopening. With all 50 states now in some phase of loosening lockdown restrictions, there were only scattered reports of large crowds or binge-buying that would compare to some of the behaviors seen in China as it reopened.

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Marketing Ops: The New Revenue Hero

As data continues to play a starring role in today’s B2B organizations, both marketing and sales operations professionals are poised to solidify their place as critical revenue drivers. In particular, the evolution of the Marketing Operations (Ops) role has created a new standard in marketing and has become a vital component of an organization’s success.