Tue.Jun 15, 2021

Ransomware Now Ranks As UK’s Top Cybersecurity Danger

PYMNTS

Ransomware hackers are now the biggest cybersecurity threat in the U.K. for the majority of individuals and businesses in the region, Lindy Cameron, chief executive of the National Cyber Security Centre ( NCSC ), said in a speech.

Stablecoin News for the week ending Wednesday 16th June.

Daily Fintech

Don’t mention the war! Here is our pick of the 3 most important Stablecoin news stories during the week. This week it has all been about Basel. I mean the lovely Alpine Swiss City of Basel, where the Bank of International Settlements (BIS) is based, not Basil Fawlty!

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Klarna Rolls Out CSS Tool To Help European Retailers Save

PYMNTS

Digital bank Klarna is rolling out a new Comparison Shopping Service (CSS) solution to help its European partner retailers increase their return on Google ads.

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How Can Banks Deliver Successful Branch Transformation?

ATM Marketplace

Banks are rushing to create better branch experiences in the wake of changing customer expectations post pandemic. But how can they make the transformation successful? Here are a few trends to keep in mind to help with that

Payment Optimization & PCI Solutions: Combining Offense and Defense With a Single Provider

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security and Matt Doka, Co-Founder and CTO of Fivestars

In this webinar, our esteemed panelists will discuss using Zero Data as the defense and payment optimization as the offense. A startup will have a well-rounded security approach that enables them to get to market sooner, grow their business faster, and minimize costs for both security and compliance.

Data Leak At Alibaba’s Shopping Site Taobao Exposed Billion Bits Of User Info

PYMNTS

A Chinese software developer used web-crawling software to scrape 1.1 billion pieces of data from Alibaba ’s Taobao shopping platform, the Wall Street Journal (WSJ) reported on Tuesday (June 15), referring to a court verdict in China.

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More Trending

New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck

PYMNTS

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance.

Report 169

CFPB’s Spring 2021 rulemaking agenda discards Kraninger-era rulemaking plans

CFPB Monitor

The CFPB has published its Spring 2021 rulemaking agenda as part of the Spring 2021 Unified Agenda of Federal Regulatory and Deregulatory Actions. It represents the “new CFPB’s” first rulemaking agenda during the Biden Administration.

FDIC 78

Perfect Brings Makeup Into The Connected Economy

PYMNTS

Buying makeup is a challenging experience at times. There is no shortage of options: lots of colors, lots of presentations, lots of looks.

Senate confirms Lina Khan as FTC Commissioner

CFPB Monitor

Today, by a vote of 69-28, the full Senate confirmed Lina Khan to serve as FTC Commissioner. Khan will fill the FTC seat vacated by former FTC Chairman Joseph Simons. His remaining term runs through September 2024.

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Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

AWS Head of Payments: Fraud, Credit Decisioning Drive Move To The Cloud

PYMNTS

We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions (FIs) and merchants to the cloud.

PayPal alums build a real-time rail for stablecoins

American Banker

Cross border payments AML

Celebrities, Influencers Push Crypto Ads On Social Media

PYMNTS

Celebrities and influencers, including Kim Kardashian West, are now posting advertisements for various digital coins and exchanges, CNBC reported. Kardashian West has 228 million followers on Instagram , according to CNBC.

NY’s POA Changes Have Taken Effect: Now What?

New York's State of Mind

The changes to New York’s Power Of Attorney laws officially took effect on June 13th marking one of the most important operational changes that NY credit unions have seen in a number of years. In my previous blogs on the subject I have emphasized the fact that the changes are designed to encourage acceptance of […]. Compliance New York State banking transactions modifications POA power of attorney

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

FourQ Debuts Partnership On Intercompany Finance Management

PYMNTS

FourQ has rolled out a partner program intended for tech providers, consulting firms and professional services firms for tax, billing and vendor payments solutions to help with intercompany financial management, a Tuesday (June 15) press release said.

10 ways commercial lenders automate with bots

BankInovation

In pursuit of greater efficiency and cost savings, banks are finding identifying new processes to automate with robot process automation (RPA) bots in the commercial lending space.

US IPOs Reach Record $171 Billion Total In Just Over 5 Months

PYMNTS

In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. There are still six more months before 2021 ends, and IPOs have already reached $171 billion, which is more than last year’s record of $168 billion, according to U.S.

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10 ways commercial lenders automate with bots

BankInovation

In pursuit of greater efficiency and cost savings, banks are finding identifying new processes to automate with robot process automation (RPA) bots in the commercial lending space.

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

GoDaddy Launches Payments Processing Solution For SMBs

PYMNTS

GoDaddy launched a new feature Tuesday (June 15) that allows its eCommerce customers to manage transactions directly on its business platform, making it easier and faster for businesses to get paid and manage orders.

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Citizens Bank finalizes document automation in commercial underwriting

BankInovation

Citizens Bank recently finished work on automating parts of its commercial bank underwriting.

Data 52

DailyPay, PNC, TCH Partner On Real-Time Payments Of Earned Income

PYMNTS

The on-demand payment company DailyPay is working with PNC Bank and The Clearing House to offer real-time employee payments of earned income over the RTP network.

FDIC Updates Statement of Policy on MDIs

ABA Community Banking

The FDIC board today voted to approve an update to its policy statement on minority depository institutions. The statement of policy describes the FDIC’s actions to promote the preservation of MDIs and enhance communication between the agency and minority-owned and managed institutions.

FDIC 52

How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.

Wix Buys Modalyst To Boost Users' Ability To Craft Online Presences

PYMNTS

Wix , a Software-as-a-Service (Saas) platform designed to give users the ability to make an online presence, has acquired Modalyst , a marketplace and drop-shipping platform, according to a press release. Terms of the deal were not disclosed.

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Two more regional banks are rethinking overdraft fees

American Banker

Regions Bank Overdrafts Citizens Financial Consumer banking Fee income

WeWork Treasury Chief: Corporates Need A Treasury Management System, Not ERP Add-Ons

PYMNTS

Despite frenetic digital developments in recent months, the real estate space remains a wilderness of legacy payments that digital transformation is tackling.

System 151

Kamala Harris to announce $1.25B for small lenders in virus aid

American Banker

CDFIs Biden Administration Coronavirus Small business lending

4 Data-Driven Steps To Drive Successful B2B Demand Generation

Fact: Good data lives at the core of every successful B2B demand generation strategy. Without quality data, it’s nearly impossible to identify and segment your target audience and create messaging that speaks to their values and interests. Whether you’re stepping into a new position or you’re new to demand generation, learning the tricks of the trade can be, well, tricky. In this eBook, you’ll discover how to improve your demand generation program—and your bottom line.