Wed.Feb 17, 2021

Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation

PYMNTS

In a mid-January conference call with analysts, J.P. Morgan Chase CEO Jamie Dimon told analysts that his firm, and other banks , should be scared “s—tless” by FinTechs.

Fintechs give a dynamic twist to static credit card marketing

Payments Source

I2c and Unifimoney change incentives to fit market conditions, rather than focusing primarily on boosting consumer spending. Payment cards Fintech Loyalty and rewards

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Robinhood Allows Crypto Deposit And Withdrawal Including Dogecoin

PYMNTS

Brokerage app Robinhood , popular with younger retail investors, will allow customers to deposit and withdraw cryptocurrencies, Reuters reported. That will include the meme-based dogecoin.

Overcoming Loan Growth Challenges in 2021

Banker to Banker

January is typically a slow month for loan production at community banks, and the pandemic-hampered economy made the month even more challenging for many banks. The data from the Federal Reserve’s H.8 report showed that all loans were essentially flat in January for banks

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.

Amazon Air On Pace To Double In Size By June

PYMNTS

Amazon Air , Amazon ’s cargo airline arm, is set for more expansions in the spring and to double in size by June, according to a study by DePaul University ’s Chaddick Institute for Metropolitan Development.

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More Trending

Xerox Rolls Out New Equipment Financing Program

PYMNTS

Xerox Holdings Corporation has debuted its new financial services network to help with equipment finance, a press release says. Xerox Financial Services (XFS) is the name of the new business, which finances both Xerox and third-party needs.

Former Mastercard Europe chief turns to VC to discover innovation

Payments Source

Rapid changes in payments and regulations have blown open the door to new ideas, creating frontiers for fintech investors. Javier Perez hopes three decades of experience will help him have an early read on startups. Fintech Digital payments Venture capital

Google Maps Integrates Parking, Transit Payments

PYMNTS

Google Maps is integrating with Google Pay to give users the ability to cover parking, highway tolls, public transportation and more, according to a Google blog post on Wednesday (Feb.

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The Internet Of (Insured) Things Part 2: Connected Homes

Daily Fintech

Savvy consumers are cozying up to “Internet of Things”, welcoming smart doorbells, access controls and monitors that report incidents. These devices autonomously control parameters, bolster security and delight through optimizing home entertainment.

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!

Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe

PYMNTS

Klaus Hommels, founder of venture capital firm Lakestar , launched a special purpose acquisition company (SPAC) on Wed. 17), Lakestar SPAC I SE, with the goal of buying a tech company in Europe. The Luxembourg-based SPAC will list on the Frankfurt Stock Exchange under the name LRSW on Monday (Feb.

Amex launches digital receipts to reduce buyer confusion

Payments Source

Amex is giving consumers more details about certain purchases with Digital Receipts, starting with big-tech merchants and Square. Digital payments American Express Apple Google

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Europe Eyes Amsterdam As Center For SPACs

PYMNTS

Europe is looking to Amsterdam as a launchpad for special-purpose acquisition companies, (SPAC), the Financial Times (FT) reported on Wednesday (Feb.

The continuing evolution of installment payments

Payments Source

Michael Moeser, Senior Analyst at PaymentsSource, talks to Brian Barth, CEO of Uplift, about how the buy now/pay later space continues to develop. Point-of-sale PayDirt

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.

Why Amazon Snapped Up Selz

PYMNTS

A big Amazon acquisition is always big news, particularly when the eCommerce giant buys up one of its competitors’ competitors.

Stablecoin News for the week ending Wednesday 17th February.

Daily Fintech

Will a CBDC be private? Here is our pick of the 3 most important Stablecoin news stories during the week. How private should a CBDC be? China has already made all of those design decisions, its CBDC will be centrally controlled, managed and linked to your identity. But what will the West decide?

American Express Launches Digital Receipts Feature To Provide Transaction Detail

PYMNTS

American Express is rolling out a new digital receipts functionality, which gives clients a look into specific transaction data for purchases from companies such as Apple, Square, Microsoft and Google, according to an announcement emailed to PYMNTS.

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Bitwise debuts first distributed finance fund amid boom in crypto

Payments Source

Exposure to one of the fastest growing and most controversial corners of the crypto world is now available in an index fund format. Blockchain Digital payments Cryptocurrencies

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.

January Retail Data: Sustainable Rebound Or Artificial Stimulant?

PYMNTS

The latest volley of retail spending data show that the worst is behind us when it comes to the pandemic’s drag on consumers. Maybe. Or it could be that the stimulus payment stimulus may soon fade. To that end, retail sales were up 5.3

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Opera's in-browser wallet an overture to youthful 'power shoppers'

Payments Source

Norwegian browser Opera Limited has launched Dify, a wallet that will support payments and cash-back rewards through a virtual Mastercard debit card. Digital payments Mobile wallets

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China’s eCommerce Giant JD.com Plans IPO For Shipping Division

PYMNTS

JD.com , sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take advantage of China’s pandemic-triggered eCommerce boom.

Changing work habits has also changed consumer behavior

Payments Source

Changing work habits has also changed consumer behavior. Digital payments Coronavirus Merchant

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.

Crypto Targets The Underbanked Independent Trucker

PYMNTS

Local economies cannot underestimate the value that small businesses bring to their markets.

Podcast: Maggie L. Walker’s Historic Mission of Financial Empowerment

ABA Community Banking

Historian Shennette Garrett-Scott tells the story of Maggie Lena Walker and her mission to help Black women find financial empowerment and professional career opportunities. The post Podcast: Maggie L. Walker’s Historic Mission of Financial Empowerment appeared first on ABA Banking Journal.

QSRs Serve Up Technology To Reach Most Loyal Customers

PYMNTS

As most restaurant owners know, not all orders are created equal. A $30 order could be just that — a small, one-time profit — or it could be a jumping-off point for years of loyalty to come.

Fintech inspired by Black Lives Matter targets underbanked

American Banker

Paybby, whose founder wanted to address disparities in the financial system after the George Floyd protests, is working with banks and others to develop products especially for underserved communities.

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.