Tue.Jan 12, 2021

Dynamic PII: The key to fighting payments fraud

Mobile Payments Today

Is your company assessing online fraud with a deterministic approach or a probabilistic approach? Beth Shulkin, VP of Global Marketing at Ekata shares her view on the best way to assess fraud risk in the payments landscape today

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Salesforce Unveils Loyalty Management Platform For Businesses As Online Sales Boom 

PYMNTS

Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the company says online holiday retail sales grew 50 percent to top $1 trillion.

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Be a credit hero: How to manage problem loans

Accenture

Managing loans amid COVID-19 is a big concern for middle market banks. They see the spike in non-performing loans coming—and the speed and scale at which it is happening. But there’s no playbook for the unprecedented.

Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud

PYMNTS

If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices. then it makes sense to move to the cloud. To that end, Mastercard said Monday (Jan.

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.

IT’S A BLUE WAVE, AFTER ALL

SWBC's LenderHub

Fortunes changed dramatically this week as the Democrats swept the two Senate runoffs in Georgia on Tuesday, giving them control in the Senate in the form of soon-to-be Vice President- Harris’ tie-breaker vote.

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JCB expands acquiring through ACI, eyes Uzbekistan

Payments Source

Japanese card issuer and acquirer JCB International has worked with real-time payments software provider ACI Worldwide to launch a web API-based payment service. JCB Credit cards APIs

Mercedes, BMW Hit The Open Road With Voice Technology At CES

PYMNTS

Humans have long anticipated artificial intelligence (AI), but if one had asked the average fan whether they would ever have an AI of their own, all but the most extremely future-enthused would probably have waved the question off as silly.

PayPal parts ways with site that helped send people to D.C.

Payments Source

PayPal Holdings Inc. and GiveSendGo have parted ways after the Christian crowdfunding site helped raise funds for people who attended last week’s violent event in Washington. Compliance PayPal

DC 108

Billtrust Finishes SPAC Merger To Go Public

PYMNTS

Billtrust , which works in accounts receivable automation and integrated B2B payments, has completed a special purpose acquisition company (SPAC) merger with South Mountain Merger Corp. according to a press release.

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!

How Latin America's local payment schemes connect into a cross-border network

Payments Source

Cross-border payment processors are stitching together Latin America’s patchwork of local payment methods to facilitate the growth of international e-commerce marketplaces and digital content providers in the region. Latin America Online payments Cross border payments Digital payments

London FinTech Curve Notches $95 Million Series C For US Expansion

PYMNTS

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. Allen.

Digital transformation brings more risk, and new regs

Payments Source

financial institutions should prepare for potential new regulations around data privacy and protection, digital identity verification and the use of biometrics, says OneSpan's Michael Magrath. Risk Payment fraud Digital payments Biometrics

Affirm IPO Now On Track To Raise More Than $1.1 Billion

PYMNTS

Affirm , which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its marketed range of $41 to $44 per share, and is on track to raise over $1.1 billion, Bloomberg reported.

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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.

How does international capital flow?

BankUnderground

Michael Kumhof, Phurichai Rungcharoenkitkul and Andrej Sokol. Understanding gross capital flows is crucial for both macroeconomic and financial stability policy.

Bitcoin Daily: 20 Pct Of Bitcoin Trapped In ‘Lost’ Wallets; Goldman Says Bitcoin Is Maturing

PYMNTS

Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I I think in any nascent market you get that volatility and those risks that are associated with it,” he said, according to CNBC, following a sharp tumble on Monday (Jan.

The perfect theft: the increase in card-not-present fraud

ATM Marketplace

Rafael Lourenco, executive vice president and partner at? ClearSale, a card-not-present fraud prevention operation, shares his thoughts regarding how merchants and consumers can protect themselves against fraud

Fraud 90

The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust

PYMNTS

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs.

Study 223

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.

Walmart's Ribbit pact gives it a jump on fintech innovation

Payments Source

Walmart's fintech venture with Ribbit Capital gives it a way to influence more technological developments in the retail industry. Fintech Retailers Walmart Venture capital

Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation

PYMNTS

Visa has opted out of its $5.3 billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, The Wall Street Journal (WSJ) reported.

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Blake Koebke Promoted to Assistant Vice President/Commercial & Ag Banker at Merchants Bank

MerhantsBanks

Blake Koebke has been promoted to Assistant Vice President/Commercial & Ag Banker at Merchants Bank, according to Jon Marley, President for Merchants in St. Charles. “We We congratulate Blake and thank him for his service to our clients.

‘Organized Retail Crime’ Is Growing (And Not Just Because Of The Pandemic)

PYMNTS

Organized crime rings are taking advantage of the pandemic, looser police enforcement and a softening in anti-shoplifting laws to swipe tons of merchandise from retail stores and warehouses across the United States. Just in the past month, police in San Francisco and Polk County, Fla.,

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.

Visa and Plaid call off merger, ending DOJ litigation

Payments Source

Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions. Fintech Compliance M&A Visa

Ingo Money’s Edwards: Government Disbursement Modernization Depends On Digital Engagement

PYMNTS

The federal government is not exactly the poster child for modern payments distribution. It’s a fact that the last year – and two rounds of direct stimulus payments to consumers – has made quite clear.

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What's in store for remittances in 2021

Payments Source

Michael Moeser, senior analyst at PaymentsSource, talks to Matt Oppenheimer, co-founder and CEO of Remitly, about how the remittance market has handled the coronavirus pandemic, and what will happen going forward. Remittances Digital payments PayDirt

Birmingham Bank Launches From Bira Bank To Serve SMBs

PYMNTS

Birmingham Bank is launching in the U.K. to help serve small- to medium-sized businesses (SMBs), according to a report from BDaily. The bank is being launched following the acquisition of Bira Bank by Lee Bushell , chairman of the Bushell Investment Group , the report stated.

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.