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I love a good Lord of the Rings reference. Case in point, it may sound like fantasy, but have you thought how consolidating your multiple loan origination systems (LOSs) could bring all lending functions into fellowship? See, there I go again! Featured Lending MORE
What Starling, Allica Bank and Modularbank think about neobanking business models in 2021 What the UK leaders of digital banking think. Luminaries from three of the Uk’s digital banks discuss what’s on their minds for this year. MORE
S&P Global Market Intelligence has said the "buy now, pay later" (BNPL) space will be worth $352 billion within four years — about a fourfold increase over its current size. S&P even thinks there’s a cautionary tale in there for legacy banks and that four-letter-word: disintermediation. MORE
Japan has long been known for its heavy use of cash, which is a burden for banks that are trying to move more services online. Maintaining ATMs alone costs about 700 billion yen ($6.6 MORE
Artificial intelligence (AI) can get something of a bum rap — or it can at least be something of a beacon for complaints about its many dangers. Look no further than Elon Musk, who famously said in 2019 that it was “more dangerous than nukes.” MORE
There has been no shortage of downbeat economic statistics over the past year, from high unemployment rates to declining gross domestic product (GDP) values. MORE
Digital payments and FinTech company Mogo has announced that its subsidiary, Carta Worldwide , will be expanding into the U.S., according to a press release. Carta plans to begin introducing new card products, including one to help quickly disburse both virtual and physical cards, the release stated. MORE
Traditional financial institutions are facing new competitive pressures from sources beyond the emergence of FinTechs. The rise of neobanks and the opportunity for companies to apply for bank charters in markets like the U.S. MORE
Here is our pick of the 3 most important XBRL news stories from the last week. MORE
Unsecured personal lending has fallen as many consumers have stashed away cash and paid down credit card balances during the pandemic. The trend probably won’t reverse course anytime soon. Consumer lending Credit quality Credit cards MORE
Social shopping platform Personas Social has rolled out a bitcoin payment system, according to a press release. The company will now accept bitcoin payments for purchasing content on its Peeks Social platform. MORE
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. 18). . Business owners from all walks of life — cafes, retailers, the trades — can access QR codes on their phones using the Revolut Business app. No external devices are needed. MORE
Debit is a powerful tool for consumers, an important revenue source for financial institutions and a critical payment method for merchants, and it's importance has grown during COVID-19 MORE
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the matter MORE
No executive worth his or her salt would turn down participating in a trillion-dollar market. But what about $8 trillion? According to the Federal Reserve , the total amount of U.S. payroll in 2019 (the most recent year available) was $8.7 trillion. MORE
New innovations and technologies are reshaping industries and providing solutions to some of the most urgent societal issues. But technology alone will not solve the biggest problems confronting the planet. . MORE
Treasury Secretary Janet Yellen said she thinks there is a tremendous necessity to pass a large stimulus package to get the economy back on track, according to an interview published by CNBC. “We MORE
Behavioral healthcare has been underserved during the pandemic. Although the Census Bureau has estimated that 42 percent of Americans reported pandemic-related depression symptoms during the month of December, the sector has had to become secondary to an unprecedented global healthcare crisis. MORE
The shift to digital is permanent, creating an opportunity to reassess long-term strategy, says Greynier Fuentes. Fintech Mobile payments Digital payments Merchant MORE
Clubhouse , which acts as an audio app for people to listen to various speakers, has over 8 million downloads since its launch last year, according to a Thursday (Feb. 18) report from App Annie. MORE
Credit card and bank account fraud have soared during the pandemic, with fraudsters intercepting consumer data via retail and banking disruptions and worsening synthetic ID fraud. Risk Payment fraud American Express MORE
Stripe is reportedly valued at $115 billion by investors in “secondary market” deals, according to a Forbes report, which noted that the amount is more than triple the $36 billion valuation the company garnered at the time of an April 2020 investment from venture firms. MORE
Marqeta reached a $4 billion valuation over the last decade focusing only on prepaid and debit card issuing, and now it’s retooled its digital platform to issue credit cards, too. Digital payments IPOs Cards MORE
PYMNTS
FEBRUARY 18, 2021
Stripe is reportedly valued at $115 billion by investors in “secondary market” deals, according to a Forbes report, which noted that the amount is more than triple the $36 billion valuation the company garnered at the time of an April 2020 investment from venture firms.
Payments Source
FEBRUARY 18, 2021
Marqeta reached a $4 billion valuation over the last decade focusing only on prepaid and debit card issuing, and now it’s retooled its digital platform to issue credit cards, too. Digital payments IPOs Cards
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PYMNTS
FEBRUARY 18, 2021
No executive worth his or her salt would turn down participating in a trillion-dollar market. But what about $8 trillion? According to the Federal Reserve , the total amount of U.S. payroll in 2019 (the most recent year available) was $8.7 trillion.
Payments Source
FEBRUARY 18, 2021
Credit card and bank account fraud have soared during the pandemic, with fraudsters intercepting consumer data via retail and banking disruptions and worsening synthetic ID fraud. Risk Payment fraud American Express
Advertiser: Data Robot
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.
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PYMNTS
FEBRUARY 18, 2021
Clubhouse , which acts as an audio app for people to listen to various speakers, has over 8 million downloads since its launch last year, according to a Thursday (Feb. 18) report from App Annie.
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Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
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PYMNTS
FEBRUARY 18, 2021
Traditional financial institutions are facing new competitive pressures from sources beyond the emergence of FinTechs. The rise of neobanks and the opportunity for companies to apply for bank charters in markets like the U.S.
Daily Fintech
FEBRUARY 18, 2021
What Starling, Allica Bank and Modularbank think about neobanking business models in 2021 What the UK leaders of digital banking think. Luminaries from three of the Uk’s digital banks discuss what’s on their minds for this year.
PYMNTS
FEBRUARY 18, 2021
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. 18). . Business owners from all walks of life — cafes, retailers, the trades — can access QR codes on their phones using the Revolut Business app. No external devices are needed.
Payments Source
FEBRUARY 18, 2021
Debit is a powerful tool for consumers, an important revenue source for financial institutions and a critical payment method for merchants, and it's importance has grown during COVID-19
Advertiser: ZoomInfo
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!
PYMNTS
FEBRUARY 18, 2021
Treasury Secretary Janet Yellen said she thinks there is a tremendous necessity to pass a large stimulus package to get the economy back on track, according to an interview published by CNBC. “We
Payments Source
FEBRUARY 18, 2021
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the matter
PYMNTS
FEBRUARY 18, 2021
There has been no shortage of downbeat economic statistics over the past year, from high unemployment rates to declining gross domestic product (GDP) values.
Payments Source
FEBRUARY 18, 2021
Japan has long been known for its heavy use of cash, which is a burden for banks that are trying to move more services online. Maintaining ATMs alone costs about 700 billion yen ($6.6
Advertiser: Data Robot
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.
PYMNTS
FEBRUARY 18, 2021
Behavioral healthcare has been underserved during the pandemic. Although the Census Bureau has estimated that 42 percent of Americans reported pandemic-related depression symptoms during the month of December, the sector has had to become secondary to an unprecedented global healthcare crisis.
Strategically Speaking
FEBRUARY 18, 2021
I love a good Lord of the Rings reference. Case in point, it may sound like fantasy, but have you thought how consolidating your multiple loan origination systems (LOSs) could bring all lending functions into fellowship? See, there I go again! Featured Lending
PYMNTS
FEBRUARY 18, 2021
A forward-thinking corporation’s massive bet on bitcoin may not be the boon that blockchain had hoped for as it continues to entice treasurers as a cross-border-friendly payment rail.
Payments Source
FEBRUARY 18, 2021
The shift to digital is permanent, creating an opportunity to reassess long-term strategy, says Greynier Fuentes. Fintech Mobile payments Digital payments Merchant
Advertiser: ZoomInfo
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.
PYMNTS
FEBRUARY 18, 2021
Artificial intelligence (AI) can get something of a bum rap — or it can at least be something of a beacon for complaints about its many dangers. Look no further than Elon Musk, who famously said in 2019 that it was “more dangerous than nukes.”
Payments Source
FEBRUARY 18, 2021
Local payment methods can win big at e-gaming. Digital payments Merchant
PYMNTS
FEBRUARY 18, 2021
Digital payments and FinTech company Mogo has announced that its subsidiary, Carta Worldwide , will be expanding into the U.S., according to a press release. Carta plans to begin introducing new card products, including one to help quickly disburse both virtual and physical cards, the release stated.
CB Insights
FEBRUARY 18, 2021
New innovations and technologies are reshaping industries and providing solutions to some of the most urgent societal issues. But technology alone will not solve the biggest problems confronting the planet. .
Advertiser: Data Robot
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.
PYMNTS
FEBRUARY 18, 2021
Social shopping platform Personas Social has rolled out a bitcoin payment system, according to a press release. The company will now accept bitcoin payments for purchasing content on its Peeks Social platform.
PYMNTS
FEBRUARY 18, 2021
S&P Global Market Intelligence has said the "buy now, pay later" (BNPL) space will be worth $352 billion within four years — about a fourfold increase over its current size. S&P even thinks there’s a cautionary tale in there for legacy banks and that four-letter-word: disintermediation.
American Banker
FEBRUARY 18, 2021
Unsecured personal lending has fallen as many consumers have stashed away cash and paid down credit card balances during the pandemic. The trend probably won’t reverse course anytime soon. Consumer lending Credit quality Credit cards
Advertiser: ZoomInfo
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.
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