Mon.May 18, 2020

What’s the point of an office?

Chris Skinner

There are lots of headlines and articles talking about the end of the office. You think about it, and it kind of makes sense. In a digital age, why do we have to go to a physical office? Why do we all cram ourselves into buses, cars and trains every … The post What’s the point of an office?

Amazon Eyes JCPenney Buy

PYMNTS

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney , Fox Business reported, citing Women’s Wear Daily (WWD). JCPenney officially filed for bankruptcy late Friday (May 15), ending speculation as to the beleaguered former retail titan’s financial status.

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Things worth reading: 19th May 2020

Chris Skinner

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JCB And TECHFUND Partner For Blockchain Payment System Ideas

PYMNTS

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15).

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ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

CRE Loan Delinquency Data

Banker to Banker

While it is too soon to get the data on bank commercial real estate (CRE) portfolio delinquencies and forbearances, we take our benchmarks from the commercial mortgage-backed securities market as of May 14 th.

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More Trending

15 Items That Will Trip Your Borrowers Up in The New PPP Forgiveness Application

Banker to Banker

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FedEx, Microsoft Team Up To Launch Shipping Initiative

PYMNTS

FedEx Corp. and Microsoft Corp. plan to launch a multi-year collaboration that they say will transform commerce by combining the transportation company’s logistics network with the power of cloud computing technology, the firms announced on Monday (May 18). Terms of the deal were not disclosed.

Funding from the crowd, VCs, or Angels

Daily Fintech

Efi Pylarinou is the founder of Efi Pylarinou Adv is ory and a Fintech /Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. Funding is on everybody`s mind, especially for early-stage companies with no significant customer base.

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SoftBank CEO Says WeWork Investment Was ‘Foolish’

PYMNTS

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May 18) regarding the firm’s WeWork investment, which went south, Business Insider reported. “It

The 2019 Technographic Data Report for B2B Sales Organizations

In this report, ZoomInfo substantiates the assertion that technographic data is a vital resource for sales teams. In fact, the majority of respondents agree—with 72.3% reporting that technographic data is either somewhat important or very important to their organization. The reason for this is simple—sales teams value technographic data because it makes essential selling activities easier and more efficient.

How the massive FIS-Worldpay merger became key to its coronavirus survival

Payments Source

The $43 billion deal was one of a series of payment mergers in 2019 that were designed to combine bank technology and merchant acquiring across multiple markets and industries while warding off ascendant fintechs offering fast access to digital payments and working capital.

FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships

PYMNTS

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18). The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010.

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Mastercard extends EMV deadline at gas pumps, adds fraud protection

Payments Source

In line with the other major card brands, Mastercard is extending its EMV liability shift at gas pumps to April 2021. It is also launching a data-driven fraud protection tool for fuel merchants who have not completed their upgrade to chip-card EMV pumps.

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Why Consumers Embrace Life Lived Digitally — And 23 Pct Will Leave Offline Behind

PYMNTS

Wholesale change — the type that leads to seismic shifts, upending daily life across the way we travel, eat, live, work — always comes when a tipping point is reached, when the “old” way of doing things no longer makes sense, or is no longer is feasible.

The Time-Saving Power of Intent Data for Sales

By using the power of intent data, capturing buyer interest has become more feasible for sales. Not only that, but using it will save immense time during your workflow; a win-win on all fronts.

Amex CEO says most employees will work remotely for the year

Payments Source

American Express Chief Executive Steve Squeri said a majority of the company’s employees will work remotely through 2020 as it seeks to slow the spread of the coronavirus. Coronavirus American Express Credit cards

Moderna’s Coronavirus Vaccine Trial Could Offer Light At The End Of The Tunnel

PYMNTS

A COVID-19 vaccine being developed by the Cambridge, Massachusetts firm Moderna is showing early signs of promise, with an early-stage human trial showing some compelling results.

Is prepaid the solution to improving wage access in the coronavirus pandemic?

Payments Source

As the coronavirus crisis fuels even stronger demands for early earned wage access, Ceridian seeks to rise above the competition with its own on-demand digital wallet and prepaid Mastercard. Payroll payments Prepaid cards Gig economy Coronavirus

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Broadway Is ‘Frozen’ By The Pandemic, And Live Entertainment’s Future Looks Chilly As Well

PYMNTS

Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

5 ways coronavirus has disrupted grocery shopping and food delivery

Payments Source

The coronavirus pandemic has had an immediate impact on a wide swath of consumer spending habits and payment choices — some of which may remain in place for some time after the crisis subsides — as certain categories such as travel have fallen to the wayside and others such as grocery stores have risen as more consumers eat meals at home.

UK Banks Hold Internal Investigations Into Business Loan Practices

PYMNTS

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for loans amid the pandemic.

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Bitcoin halvings are becoming more symbolic than earth-shattering

Payments Source

This is the third halving, with each halving making a subtler economic impact than the last, says the University of Pittsburgh's Chris Wilmer. Digital payments Payment processing Bitcoin Cryptocurrencies

Breton: Facebook Could See More Regulation If Misinformation Continues

PYMNTS

Thierry Breton , EU tech chief, warns of more regulations for Facebook if the social media giant doesn’t mitigate apprehension about its market power and abuses on its platform, according to Bloomberg.

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

The private sector can and should do the lifting for digital currencies

Payments Source

FedAccounts would be government banking on a massive scale, says Intrepid Ventures' Eric Grover. Federal Reserve Financial institutions Digital currencies Digital payments Facebook

Panera Unveils Curbside Pickup With Geofencing Capability

PYMNTS

To enable safe, easy delivery of meals straight to the cars of its diners, Panera Bread has unveiled its Panera Curbside geofence-enabled service.

5-Year CD Rates Fall Below Savings Account Rates at Many Online Banks

BankDeals

As online banks cut their deposit rates, many online banks now have higher interest rates on their savings accounts than their 5-year CD rates

AI Deployed To Help Expand India’s Healthcare Services

PYMNTS

Healthcare personnel shortages in India are being filled by artificial intelligence (AI) to help make medical services available to segments of the population that are often skipped over, according to a Monday (May 18) report in Financial Times (FT).

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Data-Driven Marketing 101

This eBook highlights how data-driven strategies empower marketing campaigns through personalization tactics.