Mon.Sep 14, 2020

7 Reports Your ALM Model Can Provide to Manage Changes Ahead

Abrigo

Key Takeaways ALM professionals often inquire about reports they can run using their ALM models to help manage their financial institutions. It's a good question, because the impact of changes are often hard to discern in the short term -- the focus of our typical reports.

How Brands Can Turn B2B Buying Into A Positive Experience

PYMNTS

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. As more manufacturers and other sellers migrate their sales strategies online, they're seeking to please online shoppers the same way Amazon has done for individual consumers.

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7 Reports Your ALM Model Can Provide to Manage Changes Ahead

Abrigo

Key Takeaways ALM professionals often inquire about reports they can run using their ALM models to help manage their financial institutions. It's a good question, because the impact of changes are often hard to discern in the short term -- the focus of our typical reports.

5 Things Your Bank Should Be Doing Now to Not Get Acquired Later

Banker to Banker

It was only two years ago when we were in the golden age of banking. The ten-year treasury was above 3%, loan growth was strong, funding cost was low, and credit quality was near its high - if not at record highs for some banks.

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Intelligent Process Automation: Boosting Bots with AI and Machine Learning

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.

Contactless Payments Are Going Mainstream

PYMNTS

In a year that will see more than 25,000 retail stores blink out of existence, with an estimated 16,000 restaurants having closed permanently by August, people could use some upbeat news. It’s out there.

More Trending

What Innovators Can Learn From Netflix

PYMNTS

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as of the end of July. In the book, he freely admits that his formula might not work for every company.

Lean Six Sigma and PPP Forgiveness SBA Submission Improvements

Banker to Banker

As any lean six sigma practitioner will tell you, banks need to continuously define problems, measure against benchmarks, analyze, improve, and control their PPP Forgiveness application process.

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Klarna Valued At $10.65B After $650M Funding Round

PYMNTS

Private equity firm Silver Lake is leading a group in a $650 billion investment in buy now, pay later (BNPL) provider Klarna , The Wall Street Journal (WSJ) reported.

Alibaba is in talks to invest $3 billion in Grab

Payments Source

Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter. Grab Gig economy Alibaba

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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!

Uber Eats Updates Its App To Pay Tab While Dining In

PYMNTS

Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues.

Insights from the holdings of thematic Blockchain ETFs

Daily Fintech

Mirror mirror on the wall, which public companies of them all, will be first in reporting 10+% revenues from Blockchain? Will it be payment Fintechs or conventional exchanges, or software tech companies or e-commerce companies?

Bitcoin Daily: CFTC Charges Four In Alleged Crypto Scam; ECB Gets First Collectible Crypto

PYMNTS

The Commodity Futures Trading Commission filed a complaint in a Texas U.S. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release.

Embedded payments are taking a bite out of banking

Payments Source

Embedded finance isn’t an intentional attempt to overthrow banking; most companies are just trying to meet customers where they’re at when it comes to payments, says Kunai's Sandeep Sood. PayPal Digital payments Shopify Stripe Merchant E-Commerce

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

VC Firm Brings Partnership Model To Amazon Sellers

PYMNTS

There are more than a few mind-blowing stats about Amazon , most of them having to do with its 44 percent of the eCommerce market, or maybe the $88.9 billion in revenue it booked during the second quarter of 2020. But not so much is known about the world of Amazon sellers.

Market Commentary: Week of September 14, 2020

SWBC's LenderHub

What Happened. Equities had their second tough week in a row as some of the biggest winners of the “COVID Rally” have given up a portion of their gargantuan gains. The pull back in the big tech stocks continued this week. As an example, Apple is now only up 78% from mid-March. The horror!

Lowe’s Builds New Image At New York Fashion Week

PYMNTS

There’s a lot that’s new and digital about New York Fashion Week. In fact everything is new from the virtual runways to the individual shows getting precedence over the more general events. Even the sponsorships are new, including home improvement retailer Lowe’s.

Linking loyalty to payments via API, a U.K. fintech makes redemption instant

Payments Source

Credit and debit cards, merchant apps and loyalty programs are being linked through a platform from U.K-based based Fidel, which provides real-time rewards, business expense management, digital receipts, and charity donations. Fintech Real-time payments U.K. Loyalty and rewards APIs

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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.

Online Retail’s Next Phase: From Adapt To Accelerate

PYMNTS

Overnight changes in consumer habits are usually rare, with inertia and habit difficult to overcome under normal circumstances.

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Walmart takes on Prime, while Amazon drones on

Matt Wilcox Pro

Here’s how PYMNTS.com describes Walmart Plus*, Walmart’s new delivery program, set to debut tomorrow: For $98 annually or $12.95

Disrupting The Remittance Market One Corridor At A Time

PYMNTS

The pandemic, and the international trail of economic chaos it has wrought, has thrown the growing importance and relevance of readily available digital remittance products into stark relief worldwide, Volopa Director Jay Wissema told Karen Webster, as both senders and receivers have been forced by necessity to change their habits.

If Revolut can learn from Automattic they can give both HSBC and Facebook Libra a run for their money.

Daily Fintech

Revolut looks like the Neobank that is pulling away from the pack. This has led to predictable anti Revolut backlash focussed on 5 concerns: 1. Revolut are losing money (£107 million in 2019, from £33 million in 2018. Read this from Zennon Kapron for a good analysis of their financials.

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab

PYMNTS

Alibaba Group , the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings , which is best known for its ride-hailing business.

Carrier breach shows the potential peril of third party plugins

Payments Source

This information can be used to access bank accounts and combined with other information on the dark web to access social media profiles, email accounts and more, says Jumio's Robert Prigge. Risk Data security Data breaches

Prescription Drug Discounter GoodRx Launches IPO

PYMNTS

GoodRx Holdings Inc. , the discount prescription marketplace startup, announced the launch of its initial public offering (IPO) Monday (Sept. The sale will include 34.6 million shares of its Class A common stock. It is expected to be priced between $24 and $28 per share.

CFPB to release outline on small-business data rule

American Banker

The bureau will detail how it will implement a Dodd-Frank Act provision requiring the agency to collect information on small-business lending in order to identify discrimination. HMDA Kathy Kraninger Dodd-Frank Small business lending CFPB Small business

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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.