Thu.Sep 17, 2020

SWIFT To Create New Cross-Border Real-Time Rails

PYMNTS

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions.

Swift to focus on transaction management to fuel faster payments

Payments Source

After two years of helping banks connect globally to domestic faster payments rails, Swift is planning to expand on that concept. Cross border payments Faster payments SWIFT

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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down 

PYMNTS

The only constant in the world of selling groceries of late seems to be the constant change. The long-awaited first Amazon Fresh brick-and-mortar store officially opened for business in Los Angeles this week, while Whole Foods talked up falling prices.

Retailers are doing more with QR codes amid the coronavirus pandemic

Payments Source

The humble QR code — invented for automobile manufacturing in 1994 — had been on the rise as a payment method for many years, but the pandemic expanded its use in the U.S. in some unforeseen ways. Mobile payments Retailers Coronavirus Mobile wallets

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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.

How ‘Pandenomics’ Will Drive Mobile Check Deposits

PYMNTS

“Pandenomics” may usher in a new age for mobile check capture and deposits. In an interview with Karen Webster, Mike Diamond , general manager of digital banking at Mitek , said it’s unlikely that customers will revert back to their branch-intensive, pre-pandemic banking behaviors.

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More Trending

EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg.

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Jack Ma’s Ant hit by flurry of new rules ahead of mega IPO

Payments Source

Ant Group was dealt another blow by more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public offering. Ant Financial Mobile payments

Why The Customer Experience Is A Program, Not A Project

PYMNTS

The pandemic has reshaped how we interact with merchants — and what we expect, as customers, from those increasingly digital interactions. Call it the transformation of CX, shorthand for the customer experience.

COVID is the tipping point for cloud payroll

Payments Source

In the face of the current pandemic, what was a growing trend became a necessity for many businesses as shelter-in-place orders changed how they operate day to day, says OnPay's Katelyn Sullivan. Digital payments Payroll Payment processing Cloud computing

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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!

Jacksonville Jaguar Fans Can Now Pay Via QR Codes

PYMNTS

The Jacksonville Jaguars are now allowing QR-based mobile payments at retailers and concessions at the TIAA Bank Field Stadium through a mobile Jags Pay wallet in the official team app, according to a report from NFCW.

Mobile wallets can speed the e-commerce migration in developing markets

Payments Source

In countries where the use of cards is less prevalent, other digital payment methods, particularly mobile wallets, are proliferating, changing the payments landscape rapidly and radically, says Standard Chartered's Tarek Elyafi. Digital payments Emerging markets Mobile wallets

eCommerce Spurs The Great Logistics Shift

PYMNTS

In the great digital shift, logistics firms are shifting, too. The ripple effects, of course, extend up and down the logistics and transportation chains, getting products where they need to go.

XBRL News: filing quality scores, COVID-19 requirements and ESG standards

Daily Fintech

Here is our pick of the 3 most important XBRL news stories this week. 1 Q2 XBRL filing quality score Paying close attention to your company’s XBRL filing quality is essential for your company to control the messaging to the investors, analysts, the public, and the SEC.

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.

NYC Approves Restaurant Surcharge 

PYMNTS

It could cost more to dine in New York City restaurants. The City Council approved an optional 10 percent fee restaurateurs can charge to ease the financial hardship brought on by COVID-19, The Wall Street Journal reported.

There's No Place Like Home: The Value of Adoption Marketing for Your Personal-Digital Banking

Strategically Speaking

People are searching for and willing to try digital banking services they didn’t know they needed until now. Let them know there’s no place like home, where you provide all the services they need.

About 1M Homeowners Could Face Foreclosure

PYMNTS

Approximately one million homeowners are at risk of losing their homes through foreclosure despite the safety net established by Congress at the start of the COVID-19 pandemic, according to industry data.

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Fintechs resilient in face of pandemic

Bobsguide

Fintechs are optimistic of their future prospects as the consequences of the pandemic provides favourable tailwinds. “[The sector] seems to be buoyant, there is no absence of continued investment and organisations are continuing to try to bring something new to the market,” says Ian

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.

Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. over the next five years in a bid to address racial disparities in financial services.

How to Capture Your Share of the Auto Loan Market

SWBC's LenderHub

In my previous blog post, I discussed how COVID-19 is impacting the auto lending industry.

A CFO’s Take On Growing Businesses In A World Full Of Unknowns

PYMNTS

This will be the first holiday season in roughly 40 years when Black Friday isn’t quite happening on the day after Thanksgiving.

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Alt Lending for week ending 18 September 2020

Daily Fintech

This post is by Howard Tolman, posted in my name due to a tech snafu. ECB has its hands tied as the euro soars ever higher Why this matters. So the easing of fed policy announced at Jackson Hole is already causing concern within the ECB as the Euro continues its inexorable rise. The […]. The post Alt Lending for week ending 18 September 2020 appeared first on Daily Fintech. Alt Lending

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.

MetLife To Gain 35M Members With Versant Health Acquisition

PYMNTS

MetLife has agreed to acquire Versant Health , which owns popular brands Davis Vision and Superior Vision , in a $1.675 billion transaction from its owners, an investor group led by Centerbridge Partners , according to a press release.

Q&A: RTGS Global founder talks liquidity visibility for banks

Bobsguide

With financial institutions around the world facing liquidity challenges during the pandemic, efficient settlements and liquidity visibility have moved to the top of bank’s priority list. Bobsguide spoke to Nick Ogden, founder of Worldpay, ClearBank and most recently RTGS Global – a

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Retail Sales: Rough Days Ahead At The Register?

PYMNTS

Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. In term of headline numbers, the U.S.

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October is National Cyber Security Awareness MonthAnd it’s not too late to put it to work

Matt Wilcox Pro

I am the first to admit that when it comes names of commemorative months, National Cyber Security Awareness Month isn’t the sexiest. Reducing it to the initialism NCSAM makes it easier to write, but not easier to pronounce—En-see-sam? Nik-sam? Ink-sam?—and and it it doesn’t help in the sexiness department, either. Perhaps that’s why, even though NCSAM has been […]. Digital payments

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.