Thu.Jan 14, 2021

Nike Sues More Than 1,000 Websites And Other Parties Over Alleged Counterfeiting 

PYMNTS

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S.

Stopping PPP Fraud

Abrigo

How Institutions Can Avoid Fraud Surprises in the Next Round of the PPP BSA and fraud professionals saw a spike in PPP fraud during the first two rounds of funding. How can they be better prepared to prevent fraud in this next round? Would you like others articles like this in your inbox?

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OCC Finalizes Long-Held Rule On Banking Equality

PYMNTS

The Office of the Comptroller of the Currency (OCC) released a finalized rule on ensuring fair access to banking services from large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, according to a press release.

4 Ways to Ensure You’re Getting the Most Out of Your Technology Vendor Relationships

Strategically Speaking

We all know the drill. You have a technology need, so you begin researching options and solutions. Perhaps you send out an RFP. Then comes demos from vendors, meetings with your Senior Management Team, IT Steering Committee, and maybe the Board.

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.

Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Saudi Arabia’s central bank said the plan is for open banking to go live in the first half of 2022.

More Trending

NYC Renters Fall More Than $1 Billion Behind In COVID Economy

PYMNTS

As the pandemic continues to bash the economy, all too many New York City apartment dwellers simply can’t pay the rent. The result, according to a landlords group said, is that NYC tenants have fallen behind to the tune of more than $1 billion.

The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Recently I was cleaning out my files and I ran into the hard copy slide deck that accompanied the speech.

Mobile Payments Bridge Cash And Digital Divide In Pakistan

PYMNTS

In the move toward digital payments in cash-centric economies, building trust in bank accounts and payments done in bits and bytes is critical.

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XBRL News about the world, Europe and commodities

Daily Fintech

Here is our pick of the 3 most important XBRL news stories from the last week. 1 180 XBRL projects around the world Today, XBRL International reports that there are 180 XBRL projects around the world. Here is an Excel spreadsheet with the projects.)

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!

Marqeta Teams With Goldman Sachs To Power Marcus Checking

PYMNTS

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. Marqeta said that Goldman Sachs “will leverage our modern card issuing platform” to introduce digital checking accounts to Marcus customers, according to a Marqeta blog post on Thursday (Jan.

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Alt Lending Week Ending 15th January 2021

Daily Fintech

Patisserie Valerie auditor Grant Thornton sued for £ 200 million In January 2019 Patisserie Valerie a chain of nearly 200 upmarket coffee and cake shops spectacularly collapsed.

EedenBull Teams With NAB On SMB Spend Management

PYMNTS

EedenBull , which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users access EedenBull’s payment and spend platform, according to a report from Finacial IT.

As stablecoins gain footing, Circle sees a path to growth

Payments Source

Fresh market interest and government action have created a chance for payment technology providers like Circle to promote blockchain-powered transactions. Compliance Digital payments Cryptocurrencies

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.

Bitcoin Daily: Gemini Acquires Blockrize, Announces Credit Card With Crypto Rewards

PYMNTS

Cryptocurrency exchange Gemini announced in a press release Thursday (Jan. 14) that it will soon be offering a cryptocurrency rewards credit card with its acquisition of Blockrize , which was developing such a card.

Top News Updates in Personal Finance 2021

BankBazaar

Here’s a roundup of the latest from the world of Personal Finance – from fuel sales to FD rates and more! ?. BankBazaar Studio kicks off 2021 with the top news updates in the world of Personal Finance for the past week! – Fuel sales increased in 2020 as a sign of economic recovery.

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The Diamond Industry Polishes Its B2B eCommerce Strategy

PYMNTS

Like so many industries today, the diamond sector continues to struggle with supply chain digitization.

Increasing Borrower Retention in Today’s Uncertain Times

SWBC's LenderHub

Today’s uncertain economic conditions and the continuing effects of the COVID-19 pandemic have left financial institutions scrambling to develop and implement consumer retention strategies to drive revenue. Collections Outsourcing

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.

Four Tools To Help SMBs Compete In The Digital-First Economy

PYMNTS

A year ago, solidifying a digital business was still at the level of a “nice to do” for most SMBs. A year and one global pandemic later, digital transformation has become a need-to-do for SMBs looking to survive the storm.

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Automating the money experience: The future of banking and fintech

BankInovation

Although digital banking has existed for decades, it’s too often felt like a chore. People have to track every expense they make, manually categorize their transactions, endlessly tweak their budgets, sort through indecipherable transaction descriptions, and so on.

New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

PYMNTS

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. Toshiba Global Commerce Solutions aims to change that with its new Elera system. Unveiled Wednesday (Jan.

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Automating the money experience: The future of banking and fintech

BankInovation

Although digital banking has existed for decades, it’s too often felt like a chore. People have to track every expense they make, manually categorize their transactions, endlessly tweak their budgets, sort through indecipherable transaction descriptions, and so on.

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.

Upgrade’s New Debit Rewards Product Takes New Approach To Mobile Banking

PYMNTS

There is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank. Which, in a sense, makes Upgrade ’s announcement today (Jan.

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Fintechs rise in value but should be prepared for scrutiny

Payments Source

While fintech's advancement creates a pathway for innovation, it also expands exposure to unintended risk, says Flywire's Mike Massaro. Risk Fintech Investments Payment fraud Mobile payments

Video, Facial ID Become Tools To Vet And On Board Remote Workforce

PYMNTS

Employers reflecting on 2020 will largely remember it as the year of the remote shift.

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Planes, boats and automobiles: a discussion of machine learning with telematics data

BankUnderground

Ali Soliman. Data plays a central role in all technical aspects of insurance and actuarial work. However, utilisation is often still confined to aggregate premium and claims data. Not so in the case of telematics.

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.