Tue.Oct 19, 2021

No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed

PYMNTS

Digital fraud is a constant menace for businesses and individuals, with merchants across the globe expecting to lose more than $20 billion to fraud in 2021 alone. Phishing is a particularly dangerous threat, resulting in data breaches that cost businesses an average of $4.24 million per incident.

Workers of the World, Unite.Again?

SWBC's LenderHub

The last few weeks have had some stunning developments with regard to the cost of labor figures, stunning in their quickness and severity. I have to admit, for many months, I bought into the whole transitory inflation argument.

Insiders

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Blockchain Is Accelerating The Digitization of Trade Transactions

PYMNTS

Almost every industry was affected by the pandemic, and many businesses that had already incorporated some form of digitization in their processes were still forced to significantly implement digital operational processes to service clients.

Smart ATMs serve the underserved

ATM Marketplace

The underserved have traditionally relied on ATMs to gain access to cash, but one company is expanding ATM services to include a variety of tools for them.

ATM 94

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

AI-Powered Tech Essential to Keep Pace With Consumer Digital Banking Expectations

PYMNTS

Most consumers are reaching for their phones or laptops first when it comes time to conduct routine financial tasks. PYMNTS data shows 70% of United States consumers at larger financial institutions (FIs) report this is the case.

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Coinbase Pro Expands to Accept Transfers From ARPA, AUCTION and PERP

PYMNTS

Coinbase is rolling out the availability to transfer ARPA Chain, Bounce and Perpetual Protocol into users’ Coinbase Pro accounts, according to a company blog post. This update, which commenced trading on Tuesday (Oct.

Digital shortfalls may be biggest threat to community FIs

BankInovation

Consumers and businesses have high opinions of community financial institutions (FIs) but increasingly demand digital banking services, so "for community banks and credit unions that have fallen behind the digital transformation curve, the opportunity cost of not modernizing is now a matter of survival."

Facebook Launches Pilot of Novi Digital Wallet

PYMNTS

Facebook is debuting its Novi digital wallet as part of a pilot program in Guatemala and the U.S., according to a Tuesday (Oct. 19) company announcement.

Goldman Sachs looks to grow Marcus platform

BankInovation

Now five years into its Marcus retail digital bank offering, Goldman Sachs saw 17% year-over-year net revenue growth in the third quarter in the consumer segment, thanks to higher credit card and deposit balances.

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Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification

PYMNTS

As physical and digital shopping worlds collide, consumers are increasingly making decisions about whether to shop in-store or online based not on product availability but rather what their schedule allows and when they need an item.

Bank of New York Mellon to boost 2022 tech spending

BankInovation

The Bank of New York Mellon will increase its technology spend next year in an effort to build its platform offerings and modernize its applications. Tech spend — broken out as software and equipment — reached $372 million in the third quarter, up 9% year over year. The $470.5

Starbucks Eyes Cashierless Stores With Help From Amazon

PYMNTS

Starbucks has been in talks with Amazon to make a new kind of coffee shop with Amazon’s “Just Walk Out” technology, allowing customers to purchase items without going through a regular checkout, GeekWire reported. However, the document, first reported by Insider on Tuesday (Oct.

Wells Fargo backs fintech that helps businesses manage money

American Banker

Fintech Commercial banking

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Apple Plans to Double the Number of Shops in Target Stores

PYMNTS

Apple plans to more than double its shops inside Target stores for the holidays, looking to expand its reach to more customers after rolling out new lines of iPhones, iPads and MacBook laptops, Seeking Alpha reported.

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Treasury narrows IRS reporting plan. Banks and GOP are unmoved.

American Banker

Biden Administration IRS Politics and policy

75% of Lease-to-Own Consumers Say It’s Their Only Option to Obtain Durable Goods

PYMNTS

Building a trusted relationship with retail customers is the easiest way to ensure a healthy and dedicated business connection. Simply put, when businesses offer an array of payment options, including lease-to-own programs, brand affinity increases.

Survey 218

The Essential Software Development Toolkit for Your Payments Program

SWBC's LenderHub

If you’ve ever worked with a payments product development team, you may have heard the term SDK technology. SDK stands for software development kit. In simple terms, it is a set of tools, programs, and guidelines software developers can use to build an application that's specific to a platform.

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

HighRadius and Riveron Partner on Finance Modernization

PYMNTS

Artificial intelligence-fueled cash and treasury management software platform HighRadius announced on Monday (Oct. 18) it is teaming up with business advisory firm Riveron to improve automation for businesses.

The Power of Your People

William Mills

The value your media coverage brings to your clients doesn’t stop once it is published. It is important to encourage your clients, employees, and peers to share media coverage through their own social media to get the most out of any organic and earned media.

Sable Simplifies Credit and Banking Services for US-Based Global Citizens

PYMNTS

Globalization has created global citizens – people crossing borders and settling in new countries for school or work, or simply choosing to call a new place home. For individuals moving to the U.S.,

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Are Fintech Lenders Less Biased?

New York's State of Mind

To its supporters, technology has the ability to further egalitize the lending process by using unconventional data to assess the credit worthiness of underserved communities and removing human bias from lending decisions.

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Marqeta Offers Card Solutions for Crypto Leaders 

PYMNTS

The card issuing platform Marqeta is powering cryptocurrency products for platforms that include Coinbase, Fold, Shakepay and Bakkt. . The Oakland, California, company said Tuesday (Oct. 19) the launch is in response to a rising interest in new cards for the crypto sector. .

Regional banks see signs of life in commercial lending

American Banker

Earnings Commercial lending Commercial banking

Instacart Acquires Smart Cart Creator in Effort to One-Up Restaurant Aggregators

PYMNTS

With the major restaurant delivery services making plays for Instacart’s customers, Instacart is stepping up its efforts to meet grocers’ digital needs. The online grocery platform announced on Tuesday (Oct.

Fintechs team up to bring crypto to credit unions

American Banker

Credit unions Cryptocurrencies

A Recruiter’s Guide To Hiring In 2021

With vaccination rates rising, consumers spending more money, and people returning to offices, the job market is going through a period of unprecedented adjustment. As the New York Times observed, “It’s a weird moment for the American economy.” And recruiting professionals are caught in the middle. To make the most of this disruption, you need to understand the economic drivers, develop a strong strategy for unearthing valuable talent, and use the latest tech tools to get the job done. Read this guide to get your recruiting practice ready to thrive in the new normal.