Sun.Oct 18, 2020

Social Media Network Nextdoor Eyes IPO

PYMNTS

Nextdoor Inc. , a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported.

The Ultimate Guide To Insurance Claims For Flood-Damaged Cars

BankBazaar

Natural calamities come without a prior notice. Let’s take a look at how Insurance with adequate natural calamity cover makes it easier to tackle the losses suffered. Here’s your quick guide to claiming insurance for your flood-damaged car.

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Plaid 'Surprised' At TD Bank's Lawsuit Alleging It Tricked Consumers

PYMNTS

Plaid is denying that it has used TD Bank 's logo to dupe customers into sending information it could monetize, a report from The Globe and Mail says.

Crypto is already way too big to ignore

Daily Fintech

Yesterday, I came across a tweet by Marc Bernegger about WEF’s first council entirely focused on cryptocurrencies. The World Economic Forum (WEF) has created the Global Future Council on Cryptocurrencies.

5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.

US Consumers' FICO Score Hits Highest Since 2005

PYMNTS

The COVID-19 pandemic has produced one ray of sunshine amid otherwise devastatingly dark clouds: Consumer credit scores have improved in recent months to the point of hitting a new record high, the Wall Street Journal reported Sunday (Oct. The widely-used FICO credit score can range from 300 to 850.

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More Trending

Bitcoin Daily: Ripple Donates $9.95M To Boost Digital Financial Inclusion; Blockchain Payments Network Stellar CEO Named To IMF Panel On Cross-Border Payments

PYMNTS

Stellar CEO Denelle Dixon will be part of a new four-person panel on the private sector’s role in addressing cross-border payment issues at the International Money Fund (IMF)’s annual meeting on Monday (Oct.

Merchants brace for 'friendly fraud' surge as holiday shopping moves online

Payments Source

Online fraud typically spikes when holiday shopping begins in November, but so-called friendly fraud poses another big threat this year with the pandemic pushing more consumers — and inexperienced merchants — to online sales channels. Payment fraud Online payments Digital payments Retailers Coronavirus

Paytm To Charge Users A 2 Pct Fee For Adding Money With Credit Cards

PYMNTS

Paytm users will face new 2 percent fees for using the credit card attached to their eWallets, a report from Business Today says. Before now, users had to pay the 2 percent fee only if they loaded over Rs 10,000 on their eWallets from a credit card every month.

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To update the point of sale, MagicCube taps into mobile devices

Payments Source

MagicCube has launched i-Accept, a software-based replacement for traditional terminals, allowing acquiring banks and financial services providers to offer merchants an option for contactless and PIN payment acceptance through Android devices.

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!

HighRadius Hires 20-Year Finance Vet Scott Buxton As CFO

PYMNTS

FinTech Software-as-a-Service company HighRadius , which works to automate the order-to-cash process, has added a new chief financial officer in Scott Buxton , a press release says.

Gitcoin Grants Round 7 Retrospective

Vitalik Buterin

Gitcoin Grants Round 7 Retrospective. Round 7 of Gitcoin Grants has successfully completed! This round has seen an unprecedented growth in interest and contributions, with $274,830 in contributions and $450,000 in matched funds distributed across 857 projects.

Hungary's Costes Adds Ferris Wheel Dining For Pandemic

PYMNTS

Costes , a Hungarian restaurant trying to survive the pandemic, has implemented new dining events on the Budapest Eye Ferris wheel, Reuters reports. The Michelin-starred restaurant is hoping to use the event to boost sales after tourism plummeted in the area due to the virus.

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Regions using AI to make most of customer feedback

American Banker

Over the past year, the Alabama bank has been developing new tools that analyze survey responses, phone interactions and social media posts to identify opportunities to improve digital offerings. Digital banking Regions Bank Customer experience Digital Banking 2020

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Wireless Companies Hope New iPhone Launch Jumpstarts 5G Adoption

PYMNTS

Telecom executives whose companies are spending billions of dollars implementing 5G technologies hope Apple’s new 5G-capable iPhone will amplify what so far has been muted consumer interest in the faster networks, the Financial Times reports.

What’s coming to Teams (October & November 2020)

Perficient

Microsoft recently announced several changes coming to Microsoft Teams, this month and next. In this blog article, I’ll cover many of the planned changes for Teams so you and your organization can start planning accordingly.

Portugal's SIBS Takes Payments Platform International

PYMNTS

Portuguese payments provider SIBS has taken its instant payments service international two years after launching it as a intra-country platform.

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Insights from 9 Global Banking and Fintech Innovation Leaders

The Financial Brand

Jim Marous distills the innovation wisdom of 9 experts interviewed on the Banking Transformed podcast. The post Insights from 9 Global Banking and Fintech Innovation Leaders appeared first on The Financial Brand.

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.

China Central Bank Expects Country's Economy To Grow 2 Pct This Year

PYMNTS

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. Central Bank Governor Yi Gang made the announcement on Sunday (Oct. 18), which Reuters writes signals a recovery of domestic demand.

5 Martech Tools & Trends for Financial Institutions in 2021

The Financial Brand

From AI to 'no-code' app innovation to ways to deal with data proliferation, marketing technology is a 'when' and 'how,' not an 'if.'. The post 5 Martech Tools & Trends for Financial Institutions in 2021 appeared first on The Financial Brand.

Lagarde: New COVID Restrictions Will Mean More Financial Aid

PYMNTS

Recent restrictions on day-to-day life from the COVID-19 pandemic will also have to come with financial aid, according to European Central Bank President Christine Lagarde , Reuters reports.

US Senate To Vote Wednesday On More COVID-19 Relief

PYMNTS

Senate Majority Leader Mitch McConnell (R-Ky.) has scheduled a vote for Wednesday on a $500 billion federal COVID-19 relief package that falls well short of the $2.2 trillion sought by Congressional Democrats and $1.8

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Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.