Wed.May 12, 2021

Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin


The Diem Association , a nonprofit with strong ties to Facebook , has moved its main operations to the United States from Switzerland, according to a press release.

MoneyGram, Coinme to allow bitcoin to be traded for cash in person

Payments Source

MoneyGram Bitcoin Cryptocurrencies


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eBay Makes Move Into Financial Services With UK Small Business Loans


eBay is launching a new financial services tool — Capital for eBay Business Sellers (CEBS) — that will extend loans to the small businesses selling on its platform in the U.K., Financial Times reported. “We

A new standard will bust open the door to artificial intelligence

Payments Source

Artificial intelligence Digital payments Faster payments Payment processing

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.

WallStreetBets Rolls Out Blockchain-Fueled App With ‘Exchange-Traded Portfolios’


WallStreetBets, whose community became famous by short squeezing GameStop stock by working together on social media platforms like Reddit, has launched a blockchain powered application to “decentralize indices,” according to an announcement.

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L'OCCITANE Taps Contactless Payments To Bring Digital-Minded Consumers Back To The Store


Consumers’ shopping and payment preferences have shifted broadly over the past year, with the pandemic prompting many to make a larger portion of their transactions via digital channels.

US Bankers Optimistic Despite Post-Pandemic Changes

Banking Exchange

Nearly two thirds believe their bank to be in a strong position, survey shows Risk Management Retail Banking Technology Feature3 Financial Research Feature Financial Trends The Economy Covid19 PPP Online Mobile. 1Risk Management

Coinme Brings Bitcoin To MoneyGram’s POS


Payments and money transfer service MoneyGram has announced a new partnership with crypto exchange Coinme to expand access to bitcoin.

Gaviti debuts automated collection tech for small, midsize shops

Payments Source

Payment processing

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!

DrFirst: Value-Based Care Ups The Ante For AI-Powered Prescription Management 'Healthiverse'


The best way to improve a fragmented industry, to take far-flung stakeholders and create an ecosystem, is through a digital front door, a single point of access that gets everyone working together.

Silvergate Bank to issue Diem stablecoin

Payments Source

Compliance Cryptocurrencies

5 Risks Highlighted In Just Eat’s Grubhub Acquisition Prospectus


As Netherlands-based food delivery giant Just Eat gets closer to finalizing its acquisition of Chicago-based delivery service Grubhub , the former published its prospectus outlining the details of the deal and the associated risks.

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In a Tumultuous Year for Auto Insurance, Customers Seek Better Value

Daily Fintech

Latest customer survey findings on auto insurance trends during the last year show largely similar after-effects in most world regions.

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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.

LendingClub Teams With FinTron FinTech To Offer Mobile Banking


A new FinTech called Fintron , which offers an app for banking, investing and financial education, will work with LendingClub Bank , according to a press release.

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B2B automation is the low-hanging fruit for accounts payable

Payments Source

Digital payments B-to-B payments Payment processing

The Big Business Of Small Business M&A


The unexpected impacts of the coronavirus crisis continue to pour into the market, one of them being a flurry of mergers and acquisitions (M&A) activity. The first quarter of 2021 saw $1.3

Taxes 191

The Jack Henry Approach to Openness

Strategically Speaking

About two years ago, I sent a letter to bank and credit union CEOs and Presidents conveying what open banking is and what it means to Jack Henry. Since that time, the demand for improved digital experiences, centered around the needs of customers and members, has made open banking essential.

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.

Tesla Nixes Bitcoin Car Purchases


Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12).

Big banks on defense after Fed sides with retailers on debit swipe fees

Payments Source

Debit cards Payments Durbin Amendment

Crypto Surge Eclipses ‘Real’ Economy As Coinbase Readies Earnings


There’s no surer sign of frenzy than when traders bid up prices of imaginary things to eclipse stalwarts of the real economy — the Fords of the world, the Visas, the JPMorgans.

Financial firms confront the threat of central bank digital currencies

Payments Source

Blockchain Digital payments China

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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.

Why 23 FI, Payments CEOs Got Behind RTP®’s Request For Payment Initiative


Beyond peer-to-peer (P2P) payments, the shift to real-time payments spurred by the pandemic is poised to change the way we keep the lights on, the Netflix account paid, the doctor visit payment plans squared away.

New OCC Boss Outlines Regulatory Agenda

Banking Exchange

Michael Hsu will be deputy comptroller once a permanent nominee is appointed Feature The Economy Feature3 SRI Compliance Compliance Management Compliance/Regulatory. 1Compliance

AP Automation Firm Stampli Lands $50 Million Investment


Accounts payable (AP) automation company Stampli landed $50 million in Series C funding. The arrangement was headed up by Insight Partners and brings the total funding the startup has notched to more than $87 million, according to a Wednesday (May 12) announcement. “In

System 180

What’s in a Name? Banks Eye New Brands

Banking Exchange

Susser Banc Holdings rebrands Texan subsidiary, while Texas Capital overhauls visual identity Retail Banking Duties Financial Trends Feature3 Feature Financial Research. 1Retail Banking

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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.