Thu.May 13, 2021

Safaricom Explores Using Its Mobile Payments Service On Amazon

PYMNTS

Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon ’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s global expansion efforts to recover from its first profit decline in 10 years, according to the report. “M-Pesa

Mobile 267

Hackers using text messaging to target retailers

Payments Source

Retailers Cyber security

Retail 120
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FedEx Launches eCommerce Learning Program For SMBs

PYMNTS

FedEx has launched a program to help small- to medium-sized business (SMB) owners develop or expand their eCommerce operations in the wake of the pandemic, according to a press release.

Course 239

Safaricom in talks with Amazon about mobile payments

Payments Source

Amazon Mobile payments

Mobile 115

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Big US Banks Extending Credit To People Without Scores

PYMNTS

JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. banks working on a government initiative to get credit into the hands of people with no or low credit scores, The Wall Street Journal reported on Thursday (May 13), citing sources.

US 236

More Trending

AI: The Connected Economy’s Unsung Hero

PYMNTS

Data is frequently said to be the oil of information — the necessary commodity without which the entire connected economy simply cannot run.

Data 233

Inside FIS's effort to build a global real-time payments network

Payments Source

Real-time payments Compliance Digital payments M&A Network rules

Colonial Pipeline Pays Nearly $5 Million In Ransom After Cyberattack

PYMNTS

The Colonial Pipeline , under siege by hackers, has paid nearly $5 million in a ransom deal, CNBC reported. The pipeline was hacked, which caused it to have to shut down about 5,500 miles of pipeline. That, in turn, caused gas shortages across the Southeast. A U.S.

Boston 228

SPACs are here to stay, but with some caution

Payments Source

Fintech Digital payments IPOs

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!

Coinbase Gears Up For Dogecoin As Trading Volumes Hit $334 Billion

PYMNTS

Surging trading volumes — and for Coinbase , profits. To that end, Coinbase gave its first earnings report Thursday (May 13) as a publicly traded company. In terms of headline numbers, the firm largely met its own previously announced expectations.

Why Diem chose to be regulated in the U.S.

Payments Source

Compliance U.S. Switzerland Facebook Cryptocurrencies

U.S. Bank, Plaid Partner To Offer Open Banking Choices

PYMNTS

Bank , the fifth largest bank in the U.S., has joined with FinTech company Plaid in an open finance partnership. The collaboration will allow their millions of customers to manage their accounts and connect to FinTech apps and services, the two companies said in a Thursday (May 13) press release.

US 220

Payments' tech wave requires a more proactive customer experience

Payments Source

CRM systems Mobile payments Digital payments Merchant

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

Cannabis Business Host Community Payments Stir Controversy In MA

PYMNTS

Excess Liquidity, Low Rates, and Branching. My Answers to Jeff Davis' Questions

Jeff For Banks

S&P Global Market Intelligence Principal Analyst Nathan Stovall recently interviewed Mercer Capital's Jeff Davis on the Street Talk podcast regarding the thorny banking issues of the liquidity glut, persistently (or perpetually?) low rates, and the branch costs millstone.

Video 78

Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods

PYMNTS

Chinese eCommerce giant Alibaba said it plans to seek growth in new international markets after closing the books on a record year that saw it topping 1 billion active users and doing a record $1.2 trillion of gross merchandise value sales on its platforms.

How to Optimize Your Commercial Services Portfolio

Strategically Speaking

When it comes to optimizing your bank’s commercial services portfolio, where do you even begin? Imagine this scenario – you are the Treasury Officer at your local community bank attending the weekly management meeting.

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.

Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion

PYMNTS

In the face of rising online sales and increased social commerce, Walmart said on Thursday (May 13) that it will acquire virtual fitting room firm Zeekit , an Israeli artificial intelligence (AI) startup, with the goal of boosting its efforts on both the eCommerce and fashion fronts.

Online 211

JPMorgan Chase joins Bahrain digital currency pilot

Payments Source

Bahrain Digital payments JPMorgan Chase

Report: Debit, Digital Wallets Help Banks Keep Gen Z Customers

PYMNTS

The pandemic continues to affect consumers’ spending preferences as more and more of them trend toward emerging solutions like contactless transactions, peer-to-peer (P2P) payments and mobile wallets, sometimes for the first times in their lives.

Report 208

PayPal buying Happy Returns to streamline product returns

Payments Source

Online payments Digital payments M&A

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

Bitcoin Daily: DOJ, IRS Investigate Binance Crypto Exchange; Crypto Theft Falls, DeFi Fraud Spikes

PYMNTS

Cryptocurrency exchange Binance Holdings is now under investigation by the Department of Justice (DOJ) and the IRS as they try to make some order out of a mostly unregulated market, Bloomberg reported. Binance has mostly avoided regulation, much the same as the general industry it works in.

Google steps into the banking sector

Bobsguide

Google’s head of retail banking, Zac Maufe, confirmed the tech giant is stepping into the banking sector. “We're really excited because we think that there are so many technologies and capabilities that Google has to offer that can be brought into the financial services space and

Google 104

Happy Returns Partners With PayPal To Make Returning Goods Easier

PYMNTS

Happy Returns is teaming up with PayPal to make returning eCommerce goods easier for both shoppers and sellers, while also being better for the planet.

Metro 196

American Express launches new 'buy now, pay later' option for air travel

Payments Source

Consumer lending American Express Credit cards

Cards 70

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.