Payments Dive
OCTOBER 27, 2020
Fraud is something that continually affects the financial industry. Mike Lemberger, senior vice president and regional risk officer for Visa, North America, explains ways that Visa is helping disrupt fraud before it costs consumers and businesses.
Perficient
OCTOBER 27, 2020
Dave Shuford , a sales consulting director at Oracle, and I will take the virtual stage to showcase Oracle Clinical One and discuss what the platform mean s for companies running Oracle Health Sciences applications ( e.g. , Oracle Clinical, InForm , CTMS ) and those that might be considering moving to a new vendor entirely. This webinar follows the fireside chat that Mike Grossman, Perficient’s life sciences GM had with Jim Streeter, Oracle’s global vice president of life science
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
OCTOBER 27, 2020
That consumers are a bit gun shy when it comes to shopping in physical stores — particularly when it comes to checking out at the point of sale and having to share a touchpad with every other shopper that’s been in all day — is well known a little over a half-year into the pandemic. But as PYMNTS’ recent data on the subject found, there’s more than one way to avoid physical contact with the POS inside a store — and consumer preferences are trending toward one over the other.
Payments Source
OCTOBER 27, 2020
Mastercard and PayPal have added to an existing partnership by using Mastercard Send to support immediate access for debit transfers via PayPal's mobile in nine European markets.
Advertisement
Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
PYMNTS
OCTOBER 27, 2020
Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. HIVE Blockchain Technologies, Riot Blockchain and Marathon Patent Group are on the uptick, according to the report, which was published early Tuesday (Oct. 27) afternoon Eastern Time. Bitcoin reached higher than the $13,600 level intraday. The price of bitcoin was $13,750.90 as of 7:19 p.m.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 27, 2020
OpenPayd , an application programming interface (API)-led Banking-as-a-Service (BaaS) provider, launched InstantFX on Tuesday (Oct. 27), which will help clients access easy foreign exchange payments, according to a press release. This will do away with the need for batch processing. The program is delivered through OpenPayd's BaaS platform, installable through existing technology with an API, according to the release.
Payments Source
OCTOBER 27, 2020
Michael Moeser, senior analyst at PaymentsSource, talks to Chris Lybeer, chief strategy officer at Revel, about the trends driving digital payments in the restaurant industry.
PYMNTS
OCTOBER 27, 2020
Microsoft came off the quarter ending Sept. 30 with $37.2 billion in revenue, a 12 percent increase over last year at the same time, with a major reason for its success this year being cloud services, according to a press release. “Demand for our cloud offerings drove a strong start to the fiscal year with our commercial cloud revenue generating $15.2 billion, up 31 percent year over year,” said Amy Hood, executive vice president and chief financial officer of Microsoft, in the release.
Payments Source
OCTOBER 27, 2020
Amy Coney Barrett will soon assume a lifetime appointment on the Supreme Court, just as it prepares to hear a case on the Affordable Care Act that could toss years of advancement in health care payments into disarray.
Advertisement
In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
PYMNTS
OCTOBER 27, 2020
New York City Mayor Bill de Blasio is attempting to dissuade city residents from traveling out of state for the holidays in hopes of containing the spread of COVID-19, CNBC reported. He said there is a "real threat" of a second wave of viral infections and urged those who did leave the state to get tested and adhere to the travel guidelines to quarantine for 14 days after reaching a new destination, according to CNBC.
Payments Source
OCTOBER 27, 2020
California-based bank Green Dot Corp. is partnering with and investing $2.5 million in Gig Wage to offer services like debit cards and money management to gig workers, many of whom are among the tens of millions of unbanked and underbanked Americans.
PYMNTS
OCTOBER 27, 2020
Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the "broader tech ecosystem," according to a press release. With UBS Next, a $200 million portfolio, the company wants to look at internal initiatives and existing strategic partnerships with "technology companies, startups, regulators, peer banks, other market participants, academia and industry thought leaders," the release stated.
CFPB Monitor
OCTOBER 27, 2020
Among the suite of consumer protection bills signed into law last month by California Governor Gavin Newsom is AB 2524. The bill, as enacted, is a less-expansive version of an assembly bill that would have created an entirely new and broad system of regulation over debt settlement companies through amendments to the Check Sellers, Bill Payers and Proraters Law.
Advertisement
Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
PYMNTS
OCTOBER 27, 2020
After a tough second quarter, payment processor Fiserv bounced back in a big way for Q3, reporting Tuesday (Oct. 27) that it rode strong new-account performance for double-digit percentage gains in revenues. Fiserv said Q3 revenue increased 21 percent quarter over quarter to $3.79 billion. That included 44 percent quarter-over-quarter growth in the acceptance segment and 20 percent growth in the payments segment, offsetting a 1 percent decline in the FinTech segment.
Payments Source
OCTOBER 27, 2020
UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients.
PYMNTS
OCTOBER 27, 2020
Airbnb has chosen to list its shares on the Nasdaq market, marking the index's biggest listing since Facebook 's $16 billion one in 2012, according to a report by Bloomberg. Nasdaq typically goes for tech-focused stocks like software or biotechnology, featuring high-profile initial public offerings (IPOs) like Lyft and Zoom. However, due to the fallout from Facebook's troubled IPO years ago, Nasdaq has often lost high-profile listings to the New York Stock Exchange , Bloomberg reported.
Payments Source
OCTOBER 27, 2020
Artificial Intelligence technology captures invoice data in any format and from any source, creating opportunities for myriad benefits in the organization, says Kofax's Michelle Trapani.
Advertisement
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
PYMNTS
OCTOBER 27, 2020
Never a dull moment or static day in the world of eating as brands big and small are constantly looking to reshuffle the deck, reimagine their offering and are ready for a world that has largely taken a massive step toward the digital. Everyone, it seems, is looking for the best way to capture stomach share. Kroger Bullish On Earnings As Supermarket Giant Takes On Digital World.
Bobsguide
OCTOBER 27, 2020
While bigtech acquisitions may hurt B2C fintechs, B2B startups will continue to grow through bank partnerships, a Money 20/20 Moneyfest panel argued yesterday. “Bigtech firms and card networks recently have been on a buying spree. We’ve seen a lot of mergers and acquisitions in.
Payments Source
OCTOBER 27, 2020
Global expansion is challenging even under the best of circumstances – but payments don’t have to be, says Rapyd's Eric Rosenthal.
TheGuardian
OCTOBER 27, 2020
Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds The world’s largest investment banks provided more than $2.6tn (£1.9tn) of financing linked to the destruction of ecosystems and wildlife last year, according to a new report. Led by Wall Street giants Bank of America, Citigroup and JP Morgan Chase, 50 top investment banks provided financial services to sectors driving mass extinctions and biodiversity loss worth m
Advertisement
Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.
Payments Source
OCTOBER 27, 2020
Visa’s $5.3 billion acquisition of Plaid has raised competition concerns at the U.S. Justice Department, which is nearing a decision about whether to sue to block the deal, according to two people familiar with the matter.
Bobsguide
OCTOBER 27, 2020
In this bobsguide video, sponsored by FactSet, Drake Bushnell, VP director of content and technology solutions strategy at FactSet and Byron Bianco, managing director of BMO Capital Markets discussed how the use of data will change the financial services industry. Asked what the future of.
BankInovation
OCTOBER 27, 2020
Visa Inc.’s $5.3 billion acquisition of Plaid Inc. has raised competition concerns at the U.S. Justice Department, which is nearing a decision about whether to sue to block the deal, according to two people familiar with the matter. Lawyers at the Justice Department’s antitrust division who are investigating the takeover are worried the deal could […].
Qudos Bank
OCTOBER 27, 2020
Have you ever gone to pay for a meal or a coffee and realised you left your wallet in the car or at home? Mobile Payments take the stress out of paying when you are out and about, you can freely leave your wallet at home and pay using your smartphone or smart device instead!
Advertisement
As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
Expert insights. Personalized for you.
397 
Let's personalize your content