PYMNTS

AUGUST 23, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg. The amount of the fund being $2 billion would make it one of the largest in the field, Bloomberg reported. It could help Goldman Sachs court bigger investors and investments. SoftBank 's Vision Fund has $100 billion, but otherwise, not many firms have investment funds in the billions.

Capital 250

Capital Management Report Technology 250

Payments Source

AUGUST 23, 2020

The “Just walk out” technology Amazon Go stores introduced a few years ago was revolutionary for shopping and payments, but it’s a model most supermarkets can’t easily copy, according to NCR.

Technology 155

Technology Payments Retail 155

PYMNTS

AUGUST 23, 2020

The pandemic has fueled the need for European banks to restructure following years of poor performance. The Wall Street Journal (WSJ) reports a majority of Europe's biggest financial institutions (FIs) are ending old business models, trimming unprofitable business lines, boosting profitable ones and finding a formula that works. For example, based on weak returns, the newspaper reports HSBC is planning to trim 15 percent of its workforce.

Lending 209

Lending Groups Report Technology 209

BankBazaar

AUGUST 23, 2020

If you’re looking for perks like free petrol, cashback and unlimited rewards, here’s why Citibank Credit Cards are a good bet. . Finding the perfect Credit Card is like finding your soulmate – some will have to go through a series of heartbreaks to finally find one, while for some it may not take as much effort. The only difference between the two probably being that while one can still move on from a heartbreak, the wrong Credit Card can spell disaster for your finances.

Cards 88

Cards Online Course Branding 88

Advertisement

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

AUGUST 23, 2020

Uber Health made big news this past week with the announcement that it was scaling up its delivery services to include pharmaceutical products in some locales. That’s a major new add-on for Uber Health, which the ride-hailing firm launched in 2018 to provide patients with transportation to and from medical appointments. "With COVID-19 cases still on the rise across the U.S., getting to a pharmacy to pick up prescriptions can be challenging for many and nearly impossible for some," Uber said in a

Oregon 180

Oregon System Dallas Seattle 180

PYMNTS

AUGUST 23, 2020

Microsoft is stepping into the fray of the legal battle between Apple and Epic Games over the banning of the Fortnite app from the App Store and the banning of Epic's account, CNBC reported. Kevin Gammill , Microsoft’s general manager for Gaming Developer Experiences, said the banning of Epic Games sets a bad precedent because it makes Microsoft and others unable to use Epic's Unreal Engine.

Apple 159

Apple Report Company Management 159

American Banker

AUGUST 23, 2020

The Federal Reserve could ease capital rules, foster the creation of special-purppose banks and take other steps to strengthen minority communities and businesses without legislation being sought in Congress — if it has the will to do so, experts say.

Capital 78

Capital Community Minneapolis 78

PYMNTS

AUGUST 23, 2020

DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, Bloomberg reported, citing sources. The food delivery giant’s plans for an initial public offering (IPO) come as Airbnb Inc, Asana Inc., Palantir Technologies Inc., Snowflake Inc., and Unity Technologies Inc. also plan to debut as public companies this year.

San Francisco 153

San Francisco Capital California Community 153

TheGuardian

AUGUST 23, 2020

Initiatives to help the most vulnerable in society to get access to banking services are being expanded Gary Mooney and Carl Boothroyd were released from prison in February this year. Then, just a few weeks later, they and everyone else around them, were put into lockdown. “I thought I was going to build my life up but I couldn’t do that because the world got locked down.

Community 76

Community 76

Advertisement

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

AUGUST 23, 2020

Asian digital asset platform OSL was given initial approval Friday (Aug. 21) to operate a virtual asset trading platform, according to a press release. Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC).

blockchain 151

blockchain San Francisco cryptocurrency Bitcoin 151

The Financial Brand

AUGUST 23, 2020

Banking-as-a-service could be a huge win for financial institutions that seize the opportunity, and a growing threat to those that ignore it. The post How Today’s Community Bank Becomes a Digital Deposit & Loan Machine appeared first on The Financial Brand.

Community Bank 40

Community Bank Community Branding Innovation Strategies 40

PYMNTS

AUGUST 23, 2020

Apple has backed down and apologized after it found itself in ye t another controversy this weekend over its App Store, Bloomberg News reported. It started on Friday (Aug. 21) when WordPress founder Matt Mullenwag tweeted that his app, which hosts blogs, had been locked out of the App Store. The restriction prevented WordPress from updating its iOS app.

Apple 141

Apple North Carolina Payments Course 141

The Financial Brand

AUGUST 23, 2020

A solid case can be made to stop building new branches. But with Millennials and Gen Z years from profitability, catering solely to them is a big blunder. The post Bank Branches Are Dead. Long Live the Branch! appeared first on The Financial Brand.

Millennials 39

Millennials Branding Branch Strategies Strategy 39

Advertisement

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

Perficient

AUGUST 23, 2020

General Introduction. Splunk Connect for Kafka is a sink connector that allows a Splunk software administrator to subscribe to a Kafka topic and stream the data to the Splunk HTTP Event Collector. After the Splunk platform indexes the events, you can then directly analyze the data or use it as a contextual data feed to correlate with other Kafka-related data in the Splunk platform.

Analysis 332

Analysis Data Training Operations 332

The Financial Brand

AUGUST 23, 2020

While digital bank account opening options have increased due to COVID-19, online and mobile processes remain cumbersome. The post Digital Account Opening Options Increase, But Speed Still Lags appeared first on The Financial Brand.

Digital Banking 37

Digital Banking Branding Online Mobile 37

PYMNTS

AUGUST 23, 2020

Facebook CEO Mark Zuckerberg played a role in stoking fears about video-sharing app TikTok, a report from The Wall Street Journa l (WSJ) says. Zuckerberg, in a speech to Georgetown students in Washington D.C. about freedom of expression, also included one line in which he claimed TikTok doesn't share America's value of free expression. The company, he claimed, represents a threat to American values and technological supremacy.

Video 197

Video Washington Apple America 197

PYMNTS

AUGUST 23, 2020

Video-sharing app TikTok plans to fight back against the Trump administration's attempt at a ban with a lawsuit, CNBC reports. The administration issued an executive decision on Aug. 6 banning transactions with TikTok or its parent company ByteDance. Any transaction, the order says, will face prohibition in 45 days. While it's unclear exactly what can be done under the order, the Secretary of Commerce has the power to identify which transactions fall under the order.

US 151

US Video Security National 151

Advertisement

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

AUGUST 23, 2020

A group of WeChat users filed a lawsuit against the President Donald Trump administration in a bid to block the president’s executive order that would bar transactions on the app, The Wall Street Journal (WSJ) reported. The U.S. WeChat Users Alliance , a nonprofit organization that relies on the app for work and keeping in touch with relatives in China, filed the complaint in U.S.

San Francisco 174

San Francisco social media Video Groups 174