Wed.Jun 09, 2021

Beyond Open Banking Compliance: The Opportunity for Commercial Banks


Following our article on 5 actions to enable Open Banking for business finance, we now consider how commercial banks can innovate their entire business model by using Open Banking frameworks to build a powerful ecosystem.

Stellar: Digital Dollars Are A Financial Tool For Everyone


The cryptocurrency thrill ride can be exciting to watch. Bitcoin ’s peaks and valleys, cryptocurrencies that make a splash and then fizzle out, the rise and fall of prices based on speculation — they all paint a picture of a highly volatile environment.

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Why banks should see CFOs as heroes


When people think of bank CFOs, they might be thinking of left-brained numbers gurus who are laser-focused on core finance activities. But today’s CFOs, in banks and across industries, are doing so much more. Many CFOs are increasingly becoming architects of business value.

Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does


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.

Stablecoin News for the week ending Wednesday 9th June.

Daily Fintech

Do we need or want a CBDC? Here is our pick of the 3 most important Stablecoin news stories during the week. The risk is, or should be, obvious: As outlined in this Fed Research paper.

More Trending

The Underwriter’s Gambit Part 2: Algorithm-Led Advances in Complex and Specialty Risks

Daily Fintech

In Part 1, underwriter workbenches were described as platforms to support underwriters in making complex decisions at speed and with confidence.

Nok Nok CEO: Online Customers Give Better Identity Signals Than Fraudsters


As the race toward a passwordless future gains speed and superior security alternatives gain traction, it has become clear that the connected economy will reach its full potential only after the lowly string of alpha-numeric digits are laid to rest once and for all.

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Banks Look to Digitize Customer Onboarding

Banking Exchange

Bringing in new customers is increasingly happening online rather than in person Technology Retail Banking Financial Trends Lines of Business Payments Tech Management Branch Technology/ATMs Mobile Online Cards Feature3 Feature. 1Technology

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GameStop Poaches Amazon Execs For Its CEO, CFO


Texas-based GameStop announced the appointment of Matt Furlong to Chief Executive Officer and Mike Recupero as Chief Financial Officer today (June 9). Both joined the struggling retailer, buoyed by its prominence as a “ meme stock ,” from Amazon.

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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!

How a Digital Dollar Could ‘Reshape the Banking System

Banking Exchange

ABA warns of wide-ranging impacts of central bank digital currencies Risk Management Technology Feature3 Fintech Feature Financial Trends Blockchain Bitcoin Cryptocurrency. 1Risk Management

Desktop-As-A-Service Startup Shells Debuts Crypto Payment Option Through BitPay


Virtual cloud desktop startup Shells will now be accepting cryptocurrency via BitPay , according to a press release. With this development Shells will be able to reach new customers, the release stated.

The Real Effects of Zombie Lending in Europe


Belinda Tracey. ‘Zombie lending’ occurs when a lender supports an otherwise insolvent borrower through forbearance measures such as repayment holidays and temporary interest-only loans.

Marqeta Lands $1.23 Billion In NASDAQ Debut


Marqeta , which helps companies issue debit cards, notched $1.23 billion through an initial public offering (IPO) on Wednesday (June 9). Shares in the firm soared by up to 21 percent following its introduction on the public market, Bloomberg reported. Shares of Marqeta were trading at $30.52

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.

US Banks June Appointments: Texas Capital, River Valley, Synovus

Banking Exchange

The latest C-suite appointments at US banks Management Feature Human Resources Feature3 People Community Banking. 1Management

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Expert: A US CBDC Could Bolster Financial Inclusion, But Will Require Deep Investment In R&D


A central bank digital currency (CBDC) could provide benefits such as greater financial inclusion, but such a token would require a deep investment in research and development, an expert is expected to say before a U.S.

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Massachusetts is latest state vying to become fintech hub

American Banker

Fintech Fintech regulations Collaboration

Why It Took A Pandemic To Bring Healthcare Into The Connected Economy


It took a pandemic to bring healthcare into the connected economy. Before the pandemic, the ability of a consumer to access a doctor via a connected device was minimal.

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.

Mastercard focuses investment on fintechs founded by minorities

American Banker

Fintech Mastercard Venture capital

Care Provider Help At Home Eyes IPO Amid Telemedicine Growth


Home-based care company Help at Home will seek an initial public offering (IPO) as demand for its service remains high because of the pandemic, Bloomberg reported. Help at Home has picked some banks to help prepare the IPO, but the plans could still change, Bloomberg reported, citing unnamed sources.

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Euronet's REN Self-Service XFS Solution

ATM Marketplace

An all-in-one solution for today’s modern ATM fleets looking to provide a great customer experience while streamlining operational efficiency, and taking strategic control of the introduction of new services for the self-service channel. Don't be held captive, waiting on hardware vendors to introduce features your customers demand

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TIS Optimizes Payment Visibility For Global Corporates


TIS , which helps companies control commercial payments and cash flows, rolled out its Enterprise Payment Optimization (EPO) offering, according to a Wednesday (June 9) press release.

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.

When Does Your Credit Union Make ACH Credits Available?

New York's State of Mind

The repeated rounds of stimulus checks and the practices of many FinTechs have underscored the fact (subscription required) that there is often a time lapse between the time a credit union receives ACH credits and the settlement date that the originator (ODFI) stipulates those funds be made available. Does your credit union make these funds […]. Regulatory technology NACHA Settlement Date

NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021


The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5 percent, totaling over $4.44 trillion this year, according to a press release. In February, the NRF projected a 6.5 percent increase.

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Payments processor Marqeta climbs after $1.23 billion IPO


Marqeta Inc., an online card and payment processing company, rose as much as 21% in its trading debut after raising $1.23 billion in an initial public offering priced above a marketed range. Shares of the Oakland, California-based company were up 11.4% to $30.09 at 3:41 p.m.

SMB Hiring Headaches Crimp Confidence, Offset Gains From Tech And Digitization


The hassle of hiring new workers has stalled a year-long advance in small business confidence, new data shows, casting a cloud of doubt over one of the economic recovery's most important drivers.

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.