Fri.Jun 09, 2023

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PayPal revamps SMB approach

Payments Dive

The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.

Payments 293
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How can banks lead the pack in open finance growth?

Accenture

With Open Banking evolving into Open Finance around the world, it has been difficult to gather the necessary data to track its progress and see the patterns evolving in different regions. Thanks to Open Banking Excellence, that data has been gathered and analyzed in a new report, The Open Finance Index. The report sets a benchmark… The post How can banks lead the pack in open finance growth?

Regional 221
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Affirm CFO acknowledges ‘difficult environment’

Payments Dive

Bank failures and macroeconomic challenges have made capital markets challenging to navigate, Affirm CFO Michael Linford said.

Capital 284
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How 3 fintechs are using AI to fight fraud

BankInovation

The blistering pace of AI development is creating market opportunities for financial institutions while making them vulnerable to an increasingly sophisticated threat: fraud.

Fraud 98
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Managing Default Rates: A Balancing Act in a Multistate Lending Environment

Unlock the secrets to optimizing returns while navigating complex state regulations. With this webinar, gain exceptional insights from industry leaders, each with vast experience and expertise in commercial lending. They will delve into critical aspects of managing default rates in today’s dynamic lending landscape, including the formidable task of managing default rates across diverse states, each with its own legal intricacies and restrictions.

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Block’s Ahuja chases bitcoin users for Cash App

Payments Dive

The digital payments company believes bitcoin “has the potential to transform the global transmission of money,” Block CFO Amrita Ahuja said Thursday.

Bitcoin 221

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Why banks should embrace remote work, especially for payment testing

ATM Marketplace

Financial organizations can benefit dramatically from offering flexible work options to their employees.

Payments 112
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Why Apple Pay Later is the tortoise in the buy now/pay later race

American Banker

The slow rollout of Apple's buy now/pay later service contrasts starkly with the aggressive moves of leading BNPL fintechs. Analysts say Apple's restraint could pay off in time.

Apple 92
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Nationwide’s £100 payouts labelled ‘unfair’ by some customers

TheGuardian

Longstanding members angry at being excluded from £340m cash giveaway, which starts next week A £340m cash giveaway kicks off next week when one-off payments of £100 apiece will start appearing in the bank accounts of 3.4 million Nationwide building society customers. However, the unprecedented payout has created a “haves” and “have nots” split within the society’s membership, with some longstanding customers and people holding multiple Nationwide products angry at being excluded.

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Meet Photoleap, the AI photo editor that can fulfill almost every user’s needs

Dataconomy

Photoleap AI photo editing app lets you transform your photos into amazing digital art and enhance them in various ways. Whether you want to change backgrounds, remove objects, create collages, apply filters and effects, or generate art with artificial intelligence, Photoleap has it all. In this blog post, we will show you how to use some of the most popular features of Photoleap and give you some tips and tricks to make your photos stand out.

Meeting 68
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The ROI of Business Lending Platforms

Financial institutions continue to look to quantify the impact of new technologies. Meanwhile, business lending technologies have grown more popular in the industry. However, understanding the impact of said technologies means understanding how to increase your revenue while decreasing your costs. This is key for the growth of your organization. Biz2X created this eBook to analyze the ROI of business lending platforms and learn about the short-term and long-term benefits of said platforms.

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What in the World is FedNow?

TrustBank

Over the last five years, we’ve fielded quite a few questions about cryptocurrencies, blockchain and central bank digital currencies (CBDC). The latter appears to be popping up more frequently and tied to concerns about the rise of big brother and the potential of lost privacy. Along these lines, there have been a number of recent inquiries about FedNow and whether it is a CBDC or some new nefarious technology.

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Tired of unrealistic beauty filters on TikTok? Bad news, the frustration grows

Dataconomy

We have seen many filters on social media platforms like Instagram, Snapchat, and TikTok. Many people argue that these filters take reality away from human eyes and make them draw an unrealistic image of themselves on social media. Meet the TikTok Barbie AI filter, which is criticized for the exact same reason by many people on the internet! Social media has become an inseparable part of our daily lives, particularly for young people who spend hours browsing through Instagram, Facebook, TikTok,

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Northwest Bank gains sticky deposits through Deluxe

BankInovation

Northwest Bank has improved its customer acquisition and retention through personalized, automated marketing and digital offerings since implementing data-driven marketing agency Deluxe in 2021.

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Decoding the secrets of code execution

Dataconomy

The pursuit of writing clean, reliable, and high-performing code is a constant challenge for developers but luckily dynamic code analysis is here to help. As software applications become increasingly complex, it becomes imperative to adopt effective techniques that can uncover potential issues and enhance the overall quality of the codebase. Dynamic code analysis is a powerful approach that allows developers to gain deeper insights into their code’s behavior during runtime.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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New York credit union signs first contract with organized employees

American Banker

Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.

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What are the best things about IT staff augmentation services?

Dataconomy

With the ever-expanding landscape of technology and the growing demand for IT services , businesses of all sizes are looking for a cost-effective way to access high-quality IT support and resources. As businesses expand, the demand for more specialized IT support becomes greater. Nevertheless, a lot of tech companies find themselves unable to hire the skilled IT staff they need on a permanent basis.

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SECU's smaller sibling delays spinoff, citing need for branches

American Banker

Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.

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Canva not working right now; yes, it is really annoying

Dataconomy

How to fix Canva not working issues? It is a terrifying question for designers, students, or millions of people that use Canva, like you. Canva is a stable program most of the time. However, you may encounter some kind of issues, such as: Canva download not working Canva is slow or unresponsive Canva is not loading or displaying correctly, and more.

Tools 36
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Transforming Non-Performing Assets With Loan Modification Automation

With the number of loans maturing over the next couple of years, time is of the essence and automation is imperative. Loan modification automation empowers lenders with advanced technology to handle a high volume of loans when needed most. Shifts in the market, combined with over a trillion dollars in commercial loans maturing in 2023, intensify the need for automated documentation solutions.

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Stablecoin bill moves closer to bipartisan agreement in House

American Banker

House Financial Services Committee Chair Patrick McHenry, R-N.C., has posted a discussion draft of stablecoin legislation that includes some concessions to committee Democrats.

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Here are the best Midjourney Prompts that will blow your mind

Dataconomy

Midjourney AI may be of interest if you are seeking a creative and interesting approach to making images using artificial intelligence. It is a tool that allows you to produce visually appealing images with just a few words. You may explain what you wish to see in normal language, and Midjourney AI will utilize its sophisticated neural network to produce a picture that fits your description.

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PacWest begins sale of $5.7 billion loan portfolio to Kennedy Wilson

American Banker

PacWest Bancorp has completed the first part of the sale of a $5.7 billion loan portfolio to the real estate investment company Kennedy Wilson Holdings as the U.S. regional bank takes steps to shore up liquidity.

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What Inspires Your Employees and Customers? That’s the Key to Retention

The Financial Brand

This article What Inspires Your Employees and Customers? That’s the Key to Retention appeared first on The Financial Brand. Future-focused leaders must assess how employees' and customers' mindsets have shifted, then act accordingly, adjusting everything from benefits to branding. This article What Inspires Your Employees and Customers? That’s the Key to Retention appeared first on The Financial Brand.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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The payments technology banks are adopting

American Banker

Smaller banks face challenges in providing their business customers with modernized tools to streamline payments, but the newest breed of embedded banking tools are making it easier for banks to help businesses increase revenue and cut costs.

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Expand.network launches API adapter to connect blockchains

The Paypers

Singapore-based Expand.network , an API service offering both read and write connectivity to major public blockchains and DeFi protocols has announced its official launch for public use.

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Vista Bank plots Florida expansion

American Banker

The Dallas-based institution has hired Dan Sheehan, a veteran banker and the former CEO of Professional Bank, to head the effort that will include opening a branch in Palm Beach County later this year.

Florida 36
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Qorbis partners Mbanq to create personalised fintech solutions

The Paypers

End-to-end embedded finance and fintech personalisation company Qorbis has partnered with BaaS provider Mbanq to create tailored financial control solutions for the US market.

Fintech 15
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Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative

Speaker: Data Robot

Enterprise AI maturity has evolved dramatically over the past 5 years. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming. Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Join our DataRobot experts to reflect on lessons learned from helping hundreds of enterprises grow their AI maturity over the past 5 years.