Payments Dive

JANUARY 22, 2021

Alexis Zukierman is the Business Development Manager at Intive, a global digital software and design company that accelerates digital transformation for products and services. Alexis shares his insight and knowledge of digital wallets and how providers can utilize this tool to gain a competitive advantage.

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Software Tools Management Company 459

Perficient

JANUARY 22, 2021

I recently came across a project where there was a slightly different twist for the site’s authentication needs. For this project the company had three different authentication scenarios that needed to be covered. Log in via a primary Azure AD tenant. This Azure AD instance was set up with application roles and the users were set up to pass the role as a claim to indicate if they were an Editor or an Administrator.

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Groups Security Management Company 322

PYMNTS

JANUARY 22, 2021

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. 22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. The bank wants to classify non-bank financial companies as one of four categories, based on circumstances like the size of assets, according to a discussion paper seen by Bloomb

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Perficient

JANUARY 22, 2021

Organizations that love data-driven decision-making suffer from the same challenge. How do we earn trust from consumers to get the right data about them, all in an effort to serve them better? This classic problem of “if I knew more, I could do more” is most easily solvable by the following axiom: “With the correct incentives, customers will give you their data.”.

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Analytics Industry Chicago Payments 309

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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

Lending

PYMNTS

JANUARY 22, 2021

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. "Our strategic partnerships have enabled MoneyGram to create the world's leading network, and this expansion is another milestone on our journey to lead the evolution of digital P2P payments," Alex Holmes, MoneyGram chairman and CEO, said in a press release on Friday (Jan. 22).

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PYMNTS

JANUARY 22, 2021

Social media image-sharing platform Pinterest is introducing an augmented reality (AR) try-on tool to help users assess and compare eyeshadow. . “The future of shopping will rely on online shopping experiences that are similar to that of in-store and complement that joy we find in browsing, seeing curated collections, and trying on products until we find what’s best for us,” Pinterest said in a Friday (Jan. 22) press release.

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Payments Source

JANUARY 22, 2021

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.

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Industry Fintech Payments 201

PYMNTS

JANUARY 22, 2021

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. 22). The hedge fund has 6.5 million shares in Just Eat Takeaway, according to a filing made in the Netherlands, per Bloomberg, making Tiger among the biggest stakeholders in the food delivery platform.

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Management Company Marketing Report 221

Payments Source

JANUARY 22, 2021

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.

Cards 159

Cards Mobile Company Payments 159

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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

Report

PYMNTS

JANUARY 22, 2021

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. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump.

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Security Fintech Capital Management 204

ATM Marketplace

JANUARY 22, 2021

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 Marketplace spoke with Jessica Cheney, vice president, product management and strategic solutions for Bottomline to get her real thoughts on real time payments.

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Payments ATM Management 120

PYMNTS

JANUARY 22, 2021

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. And it signals that Big Tech may deem it prudent to exit markets, to the detriment of users who have come to rely on those firms’ offerings for everyday life.

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Payments Source

JANUARY 22, 2021

U.S. 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.

Cards 118

Cards Payments Report 118

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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.

Lending

PYMNTS

JANUARY 22, 2021

B2B payments in the healthcare industry are undoubtedly complex, thanks to the intricacies of coordination between healthcare providers, suppliers and insurance firms. Adding to the headache is the sector's typical burden of a high volume of transactions that flow via legacy and paper-based processes. Well before the pandemic hit, however, the healthcare arena began to embrace the opportunities of digitization — at least, on the patient-facing end of operations.

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Payments Source

JANUARY 22, 2021

Ant Group Co.’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.

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Groups Online Marketing Payments 98

PYMNTS

JANUARY 22, 2021

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. In " A Look Forward: What Executives Wish for America and the World in 2021 ," Herrero discusses how his firm's community-based digital literacy and entrepreneurship programs are harnessing technology and connectivity to improve education provision and livelihood outcomes for previously disadvantaged groups.

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Marketing Community US Groups 184

BankInovation

JANUARY 22, 2021

This week Bank Automation News launched as a new brand, replacing Bank Innovation. What’s the behind-the-scenes reasoning for the move? During this video podcast, editors JJ Hornblass, Bianca Chan and Loraine Lawson discuss the impetus behind the pivot to BAN, and share insider info as to what readers can expect as we move forward to […].

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Video Branding Innovation 98

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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.

US

PYMNTS

JANUARY 22, 2021

Ringing in the new is generally a theme in the month of January, although it is more normally expressed during the first week, not the third. And though the 2021 inaugural celebration was different in many regards, that excitement in peering at an upcoming future was, as always, in place. Coming in to discuss that rapidly resetting world – in a week where the going theme was "out with the old and in with the new" – was Mark Fiorentino , principal at tech-oriented VC firm Index Ventures , who tal

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Payments San Francisco Apple Mobile 184

BankBazaar

JANUARY 22, 2021

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. Just remember, Choose Form 6 in case you moved to a different constituency, and choose Form 8A if your address has changed but you are still in the same constituency as before.

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PYMNTS

JANUARY 22, 2021

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. And as Ingo Money CEO Drew Edwards said in a recent conversation with PYMNTS' Karen Webster, it opened up a whole new world of tangled regulations as 50 different jurisdictions will attempt to put together rules to prevent online gambling sites from becoming haven

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Online Tennessee Regulation Michigan 181

American Banker

JANUARY 22, 2021

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.

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Michigan Columbus Ohio Technology 95

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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.

Compliance

PYMNTS

JANUARY 22, 2021

Google’s parent company Alphabet is pulling the plug on its subsidiary Loon , a futuristic venture that for the past decade was exploring the use of giant helium balloons to deliver internet access to remote locales. “Loon has been chasing the hardest problem of all in connectivity — the last billion users,” Loon CEO Alastair Westgarth said in a blog post on Medium. .

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Payments Source

JANUARY 22, 2021

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

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Mobile Innovation Payments 87

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. Shanghai-based VSPN said it plans to spend the cash largely on investing in innovative eSports production technologies, creating new products and expanding its reach overseas.

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Nevada Capital New York Groups 180

American Banker

JANUARY 22, 2021

U.S. 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.

Cards 78

Cards Payments Report 78

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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.

Lending