Wed.Sep 16, 2020

How Your Asset/Liability Management Model Makes Budgeting and Forecasting Easier


Key Takeaways A good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process. An ALM model can help budgeters consider the impacts of the pandemic on balance sheets and strategies.

PayPal’s Jim Magats: How The Last Six Months Has Changed The Future Of How Consumers Will Shop


When stay-at-home orders first went out in mid-March, consumers didn’t really see it as the start of a major shift in their lives. Most thought the pandemic was going to be a short-term event. But fast forward to mid-September and the lay of the land is very different.

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How Your Asset/Liability Management Model Makes Budgeting and Forecasting Easier


Key Takeaways A good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process. An ALM model can help budgeters consider the impacts of the pandemic on balance sheets and strategies.

Lenders Brace For Wave Of Hotel Closures


The impending demise of the Hilton in Times Square is just the tip of the iceberg when it comes to what experts believe will be a wave of hotel closures across the country. The 44-story landmark hotel in the heart of Manhattan, which is set to shut down permanently on Oct. 1, has lots of company.

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.

The Ecosystem Rush – Why Its Such A Rage Part 2

Daily Fintech

The future of several service industries may be headed towards ecosystems. Or so, a McKinsey study would make one believe. As per their research, as many as 12 large ecosystems yielding 30% of global revenues could become a reality in the next 5 years.

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More Trending

Adyen revamps its payments toolbox for the post-COVID point of sale

Payments Source

The pandemic has upended many business tasks, creating a rush among processors to expand the digital experience without complicating it. Online payments Point-of-sale Digital payments Coronavirus Adyen

Manufacturers' Buyers Dive Into The Self-Service Opportunity


When online shoppers visit their favorite clothing store websites, they can customize the products they want — choose different sizes, quantities, colors and even add unique touches like embroidery or custom patterns.

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Apple-Fortnite clash exposes a major weakness of digital payments

Payments Source

Apple's legal dispute with Epic Games, the publisher of Fortnite, has exposed a potential nuclear option that the Cupertino, Calif.-based based tech giant can use against any company that sells online. Mobile payments Digital payments Retailers Apple Pay Apple

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Why There’s No One-Size-Fits-All Path To Global ID Verification


We may be wondering what’s on the other side of commerce, banking, and “normal” life after the pandemic — but rest assured it will be done (at a significant and accelerating pace) online.

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!

PayPal merchants approach the holidays with no new staffing

Payments Source

PayPal released a survey of online small and medium-sized merchants that expressed caution about the upcoming holiday season, as 70% do not plan to hire new or rehire furloughed staff. Online payments PayPal Retailers

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Flywire, Mastercard Team On Cross-Border Tuition Payments


Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS.

Rapyd adds card acquiring in Europe as COVID boosts e-commerce

Payments Source

London-based Rapyd has added Mastercard and Visa acceptance to its European payments platform to help merchants take advantage of retail’s shift to online. Alternative acquirers Online payments Coronavirus Europe

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FIs Need To Renovate – And Relocate – The Core


To meet consumers where they want to bank — across mobile devices wherever they may be — financial institutions (FIs) must focus on re-tooling their core services in the digital age.

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.

Contactless payments are safer, and a lot more convenient

Payments Source

Besides providing a safe, sanitary no-touch payment option for consumers, there are other advantages to contactless payments, such as line-busting, says Todd Barstow, vice president of payment solutions for GK Software USA. Contactless payments Mobile payments Digital payments Payment processing Merchant

Facebook Plans To Launch Smart Glasses In 2021


Facebook and French eyewear giant EssilorLuxottica are collaborating on the development of smart glasses, and plan to launch their first product, Ray-Ban branded smart glasses, in 2021, the companies announced Wednesday (Sept. 16). “We’re

Stablecoin News for the week ending Wednesday 16th September.

Daily Fintech

Who will be first! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we have seen an interesting argument play out. Who should be first to innovate at scale in Digital Currencies?

Yelp: More Businesses Closing Permanently Amid Pandemic


While some types of businesses have adapted and survived amid the pandemic-triggered economic crisis, restaurants and retailers have especially struggled.

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.

A Core Transformation Strategy Session

ABA Community Banking

Five strategies for community and midsize banks weighing “what next?” for their core processing needs. The post A Core Transformation Strategy Session appeared first on ABA Banking Journal.

Circle, Dapper Labs Team To Add Stablecoin Payments For Digital Collectibles


Dapper Labs will be partnering with peer-to-peer firm Circle to help add payment methods for digital collectibles using credit and debit card payments to settle in the stablecoin USD Coin (USDC), according to a blog post from Circle.

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Is the post Pandemic property shift to suburban a sign of systemic change?

The Bankwatch

London UK: Prices and sales have fallen in the London financial district and bankers and lawyers are staying away (FT). Ontario Canada; More first-time home buyers and minorities have also been looking to the suburbs for affordability, he added. Real Estate Monitor). — —.

Report: How The Pandemic Stirred An Appetite For Meal-Box Subscriptions


Subscription commerce is giving consumers a sense of stability during an increasingly chaotic year.

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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.

Dwolla adds debit push payments, years after faster-ACH push

Payments Source

Iowa-based fintech Dwolla, which spent most of the last decade touting various alternative ACH-powered faster payments approaches, is adding the more mainstream option of debit push payments in its latest iteration. Debit cards Faster payments ACH Dwolla

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Combined Value Of Visa, PayPal, Square And Mastercard Crests $1T


The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC. Between Square , Visa , PayPal and Mastercard , the valuation is currently sitting at $1.07 trillion, against the “big six” banks — J.P.

Ask Yourself These Questions Before Taking A Home Loan Now


Home Loan interest rates are at an all-time low now (starting at 6.70%). While this might tempt you to apply for one, consider these questions before you take the plunge. .

Apple To Epic: Fortnite Can Return But Remove In-App Payment System


In the ongoing conflict between Apple and Epic Games , Apple's newest filing accuses Epic of sabotaging itself.

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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.