Fri.Jan 22, 2021

Digital wallet adoption: how providers can sustain a competitive advantage.

Mobile Payments Today

Alexis Zukierman is the Business Development Manager at Intive, a global digital software and design company that accelerates digital transformation for products and services.

Model Behavior: Banks See AI As A Customer Experience Tool

PYMNTS

Given the roller coaster ride consumer finances have been on for the last 10 months, managing risk has become critical for financial institutions (FIs), both in terms of rising fraud counts and in terms of rising consumer delinquencies.

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The Paradox of Human-Based Collections and How to Overcome It

Accenture

Over the past decade, banks have focused on building lifelong relationships with their customers. With COVID-19, customers are experiencing one of the most stressful financial times in recent memory, through no fault of their own. This is a “make or break” moment for banks.

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MoneyGram Teams With Visa Direct, Checkout.com To Advance P2P Payments

PYMNTS

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct.

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.

6 ways consumers and fintech are changing the travel industry

Payments Source

COVID-19’s impact on travel has been dramatic, and it has forced both consumers and travel executives to re-imagine what travel will look like going forward. Digital payments B-to-B payments Coronavirus

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Ant Group’s valuation seen dropping to $108 billion on crackdown

Payments Source

Ant Group Co.’s s valuation may be cut further under new measures proposed by China to curb market concentration in its online payments market, according to new estimates from Bloomberg Intelligence. Compliance Ant Group IPOs China

Groups 101

Biden Getting GOP Pushback On $1.9 Trillion COVID Stimulus

PYMNTS

President Joe Biden’s $1.9 trillion coronavirus relief plan is already getting pushback from Republicans, tripping up a seamless passage by Congress, CNBC reported on Thursday (Jan. Biden was sworn in as the 46th U.S. president on Wednesday, (Jan.

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Getting real about real-time payments

ATM Marketplace

During the pandemic, how easy was it to pick up a phone, order food and pay with a click? But can real-time payments effectively work B2B?

ATM 100

Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds.

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!

This Week in Fintech ending 22 January 2021

Daily Fintech

Joe Biden is the new President of America! In other news, this week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives.

NCR: Financial Institutions Will Need To Continue Innovating

PYMNTS

In " A Look Forward: What Executives Wish for America and the World in 2021 ," Doug Brown, senior vice president and general manager, NCR Digital Banking , discusses how financial institutions should evolve to remain relevant and build customers' trust.

MoneyGram expands use of Visa Direct throughout Europe

Payments Source

MoneyGram International is expanding its use of Visa Direct across Europe, allowing its customers to use the company website or mobile app to send money in near-real time to Visa debit card holders in various parts of 25 countries in Europe. Cross border payments Debit cards Europe MoneyGram Visa

Tiger Global Buys 4.4 Pct Slice Of Just Eat Takeaway Worth $746 Million 

PYMNTS

Tiger Global Management has acquired a 4.4 percent stake in Just Eat Takeaway.com valued at just over 613 million euros ($746 million), Bloomberg reported Friday (Jan. The hedge fund has 6.5

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.

Alt Lending week ended 22nd January 2021

Daily Fintech

Covid recovery Differences in approach between the US, UK and Eurozone Interesting macro economic piece from Ambrose Evans-Pritchard contrasting the differences in approach between the US and the Eurozone after COVID and the longer term risks to monetary stability in the longer term.

VEON: The Year Of Digital Financial Inclusion In Developing Markets

PYMNTS

Sergi Herrero co-CEO of VEON , explores how the COVID-19 pandemic has triggered the acceleration of cashless payments, and how that has posed a challenge to the world's unbanked population.

How to Change Your Address on Your Voter ID

BankBazaar

If your address has changed, and you want the new address to reflect on your Voter ID, here’s an explainer on how you can go about it. . If your address has changed, and you want the new address to reflect on your Voter ID, follow the easy step mentioned in this video.

Pinterest Launches Augmented Reality Eyeshadow Try-On Tool

PYMNTS

Social media image-sharing platform Pinterest is introducing an augmented reality (AR) try-on tool to help users assess and compare eyeshadow. .

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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.

Huntington shuttering dozens of in-store branches in Michigan

American Banker

The Columbus, Ohio, company plans to close nearly 200 branches in the state — including more than 90 in Meijer grocery stores — after it acquires TCF Financial. It also intends to significantly boost its technology spending to improve its digital capabilities.

J.P. Morgan: Tech Uncovers New Liquidity Management Opportunities

PYMNTS

While the corporate treasurer's fundamental role has remained steady, the treasury function has seen dramatic impacts from a changing market that is increasingly moving toward real time.

Late credit card payments at historically low levels in U.S.

Payments Source

credit card delinquencies reached record-low levels in 2020, as Americans took advantage of stimulus checks and adjusted their spending habits, according to a new report. Coronavirus Credit cards Delinquencies

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An Australia With No Google – A Search For Search? 

PYMNTS

In the Land Down Under, the ripple effects of the clash between regulators and a giant in online search (that would be Google , of course) may be such that consumers are left searching for search.

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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.

Post vaccine, the payment lessons from the pandemic will linger

Payments Source

Consumers have gotten used to mobile order, pay and delivery, and will require even greater innovation, says OnFleet's Khaled Naim. Mobile payments Digital payments Coronavirus Merchant

Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders

PYMNTS

India's central bank wants stricter regulations for big shadow lenders, according to a new report from Bloomberg. The Reserve Bank of India , according to the Friday (Jan.

BAN survey: Automation may redefine banking

BankInovation

Financial executives were blunt when sharing their views on the future of automation in banking with Bank Automation News, saying financial institutions will need the technology for survival.

Ingo’s Edwards Plays The Inside Straight On Online Gambling

PYMNTS

In 2018 the Supreme Court struck down a 1984 federal law that prohibited gambling in most states. And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them.

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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.