Tue.Mar 02, 2021

Seizing the $300 Billion Opportunity in Payments

Accenture

Many banks today are not seeing the returns on their investments in payments modernisation they hoped for. This is often due to a reactive, compliance-driven, piecemeal approach that makes it harder to adopt new capabilities.

Report: PayPal Might Buy Digital Currency Startup Curv

PYMNTS

PayPal is in discussions to buy cryptocurrency storage upstart Curv , Bloomberg reported. The discussions are in their nascent stages and might not end up leading to a deal, Bloomberg reported, citing an unnamed source. Curv, which is headquartered in the Empire State, was established in 2018.

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Trending Sources

Inside Dwolla's efforts to find a formula for faster payments

Payments Source

Building the processing tech was the easy part. Finding the right mix of users and transactions posed many challenges. Mobile payments Faster payments

QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company

PYMNTS

As artificial intelligence (AI) capabilities progress, quick-service restaurants (QSRs) are using the technology to refine every step of the process, including marketing, menu offerings, operations, signage and more. Now, Yum! Brands, Inc. is taking control of its technology.

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.

Can we finally kill the password?

Payments Source

David Heun, associate editor of PaymentsSource, talks to Phillip Dunkelberger, president and CEO of Nok Nok Labs, about the latest developments in data security. Nok Nok is a founding member of the Faster Identity Online alliance, or FIDO. Fraud detection PayDirt

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The cloud revolution is just the start for B2B payments

Payments Source

The mass shift to remote work has blurred lines between consumer and business pay, creating a greater push for digitization, says Billtrust's Justin Main. Cash management B-to-B payments Payment processing

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Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer

PYMNTS

ACI Worldwide and the Internal Revenue Service ( IRS ) have expanded their partnership to offer consumers a new payment option that allows them to pay their taxes online with cash.

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Digital payment firms are prime for open banking partnerships

Payments Source

Challenger banks and fintechs can't be considered rivals, says Episode Six's John Mitchell. Digital banking Digital payments Payment processing APIs

Bitcoin Daily: Dogecoin Can Now Be Purchased At CoinFlip ATMs; MoneyGram Faces Lawsuit Over XRP

PYMNTS

Crypto users can now buy dogecoin with cash at 1,800 CoinFlip ATMs across the U.S., according to CoinDesk , citing a tweet from CoinFlip.

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!

PayPal in talks to acquire crypto storage firm Curv

Payments Source

PayPal Holdings Inc. is in talks to acquire the startup Curv, which helps companies transfer and store digital currencies. M&A Cryptocurrencies

PayPal, Stripe Join Spreedly’s New Partnership Program For PSPs

PYMNTS

Spreedly has announced the formation of a new partnership program developed for gateways and other payment service providers (PSPs), according to a Tuesday (March 2) press release emailed to PYMNTS. “We’ve

How Square's bank can use bitcoin profits to promote financial inclusion

Payments Source

The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets. Banking Compliance Digital payments Bitcoin

Square’s Bank Is Open For Business – Now What?

PYMNTS

Square gets a bank – and so, now what? It may be the case that the proverbial floodgates have opened for FinTechs to leverage what we might think of as the “industrial bank” operating model, in order to meld digital-first operations with traditional banking services.

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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.

Are software vendors about to become Netflix-like? Well, sort of

Bobsguide

These days, there are three main software delivery models on the market: out the box, off-premises, and on-premises. In the out of the box delivery model, the user buys a disk containing a software distribution kit and installs it. Simple as it may seem, the main disadvantages of the model

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EU May Face Recession As Employment, Retail Numbers Stay Weak

PYMNTS

The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial Times (FT) reported.

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Ethoca renames its digital receipt service, adds merchant logos

Payments Source

Toronto-based Ethoca is seeing rising demand from banks and merchants for granular details about purchases, so it’s renamed and tweaked its digital receipts service. Digital payments

UK Allows SPACs To Boost London After Brexit

PYMNTS

A new plan from U.K. leaders would let special purpose acquisition companies (SPACs) join the U.K. stock market as part of a set of new reforms, which are intended to bolster London’s reputation in the aftermath of Brexit, Bloomberg reported.

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.

Tokenization: Embracing the great unifier

ATM Marketplace

Consumers expect their personal payment data will be protected when shopping online. For many companies that requires tokenization: using an algorithmically generated number called a token.

eBay Targets Female ‘Sneakerheads’ In Today's Red-Hot Shoe Trend

PYMNTS

You may not be a “sneakerhead” — or even know what one is — but chances are you caught wind of the attention that Vice President Kamala Harris received when she stepped out at a campaign event in a black pair of Converse “Chuck Taylor” low-tops.

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Databits: Fear, malaise, and eroding trust

Payments Source

How consumer attitudes toward privacy threaten to overturn long-standing industry assumptions about customer data and personalization. Data privacy Cyber security Leaders Editorial Research

Circle CEO: Programmable Money Ushers In Era Of ‘Continuous, Streaming Payments’

PYMNTS

Stablecoins and blockchain grab their fair share of separate headlines. But brought together, they can help usher in a new paradigm for global payments.

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.

Fintechs praise Kalifa Review but await government response

Bobsguide

Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to the UK government and how it will implement the raft of recommendations made in the report. Published on February 26, on the eve of the

FinTechs Set The Stage For Open Banking Adoption Catalyst

PYMNTS

As open banking frameworks spread across new markets, financial service providers are fueling adoption of technologies that can unlock data and promote interoperability between banks and FinTechs.

Can banks convince customers their data is safe?

American Banker

Less than half of consumers believe financial services providers adequately protect their personal information, according to an Arizent survey. Banks such as Wells Fargo and Bank of Idaho are offering mobile tools and cybersecurity education that could help rebuild trust.

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The Rise Of Digital Innovation In Retail Around The World 

PYMNTS

Sweden’s Klarna has banked new funding as competition increases in the buy now, pay later (BNPL) sector. In travel, Hudson has unveiled its first Hudson Nonstop store harnessing Amazon’s “Just Walk Out” technology at Dallas Love Field Airport.

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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.