Wed.Jan 20, 2021

Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis.

Regulators eye big data impact on ratemaking

Daily Fintech

In insurance, big data connotes unstructured and structured data that influences underwriting, rating, and pricing. Structured data gets stored as pre-defined fields and tables, while unstructured could be social media, recorded videos or documents.

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P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online

PYMNTS

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales.

Online 226

Payments startup Payoneer in merger talks with SPAC

Payments Source

Payoneer, an online payments specialist, is in talks to go public through a merger with FTAC Olympus Acquisition Corp., a blank-check firm, according to people with knowledge of the matter. FTAC rose as much as 29% on the news. Digital payments M&A

Online 101

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.

Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

PYMNTS

There’s an old saying that goes, “no good deed goes unpunished.” And when it comes to rewarding employees with a holiday or other work anniversary reward, the last thing businesses need is to have their generosity become a tax headache.

Taxes 225

More Trending

Mastercard Says Odds Favor Instant Payments For Online Gamers And Gamblers

PYMNTS

Make no mistake. While they are a unique sub-segment of global consumers, digital gamers and gamblers are just like every other denizen of the internet: They want to be paid what they have won, preferably as fast as possible.

Online 213

A world of regulatory pressure on installment payment firms

Payments Source

The fast-growing buy now/pay later industry is drawing scrutiny from legislators and regulators who fear it could become predatory. Compliance Point-of-sale Credit

US CFOs Consider How To Use Cash Reserves

PYMNTS

finance chiefs aren’t sure what to do with the massive borrowed cash piles they’ve accumulated for pandemic relief, the Financial Times (FT) reported. The numbers came out to $2.5 trillion borrowed by corporate America last year.

How To 207

Stablecoin News for the week ending Wednesday 20th January.

Daily Fintech

Stablecoins have started to crawl, when will they walk? Here is our pick of the 3 most important Stablecoin news stories during the week.

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!

Restaurant Franchisee NPC Gets Green Light To Sell Pizza Hut, Wendy’s For $800 Million

PYMNTS

Restaurant franchisee NPC International won court approval to sell 1,300 Pizza Hut and Wendy’s locations for around $800 million, Bloomberg reported. The news comes months after the pandemic forced the company into bankruptcy. There were two deals approved by U.S.

Report 205

How open banking allows Lydia to follow WeChat Pay's example in Europe

Payments Source

The Paris-based fintech has added a range of extra features in recent years following the advent of PSD2 and open banking in the EU. Fintech Compliance European Union Digital payments

EU, ECB To Probe Policy And Legal Issues With Digital Euro

PYMNTS

The European Commission and the European Central Bank (ECB) have released a joint statement saying they’re considering beginning work on a digital euro.

ByteDance launches Douyin Pay in China to challenge Alipay and WeChat Pay

Payments Source

ByteDance, owner of short video sharing platform services Douyin (China) and TikTok (U.S.), has reportedly launched a payment service for the 600 million users of the Douyin platform. Digital payments China

Video 92

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.

Coke Says Things Go Better With … Subscriptions

PYMNTS

Even Coca-Cola has had a rough year at the hands of COVID-19. Its most recent quarterly earnings showed an unheard-of 9 percent decline as consumers cut back on consuming its sugary drinks outside the home – and their in-home consumption just couldn’t make up the difference.

China plans online payment rules that may hit Ant, Tencent

Payments Source

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings. Compliance Ant Group

Corporate Card Players Embrace Collaboration To Drive Value

PYMNTS

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment.

Cards 202

Too much concentration stifles payment innovation

Payments Source

There’s a dynamic balance between the innovation and resiliency benefits of the messy, creative ferment of many smaller competitors, and an oligopoly or monopoly’s scale economies, says Intrepid Ventures' Eric Grover. Fintech Federal Reserve PayPal Square Mobile payments Digital payments

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.

Three Years On, Open Banking’s Progress And Roadmap Ahead

PYMNTS

Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. That includes anniversaries in the payments space, of course. Last week, Jan. 13 to be specific, marked the third anniversary of open banking’s official launch across the pond in the United Kingdom.

Data 201

Bringing “Tribal Knowledge” into the Digital Banking Age

Banking Exchange

A cherished and often differentiation-inspiring culture that demands employees provide each other with in-person support to pass down generations of business knowledge Management Feature Human Resources Duties Tech Management Online Mobile Big Data Technology Feature3. 1Management

MOBI Releases Second Installment Of Blockchain Standard For Vehicle Identity

PYMNTS

The Mobility Open Blockchain Initiative ( MOBI )'s Vehicle Identity (VID) II Working Group unveiled the second part of a vehicle identity standard that uses blockchain technology, according to an announcement.

Payments in 2021: What Lies Ahead after the Digital Boom

Banking Exchange

It has been a year of momentous change for the payments industry Payments Feature3 Feature Financial Trends Mobile Tech Management Online Cards The Economy Technology Consumer Credit Customers Covid19. 1Payments

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.

Monzo Founder Blomfield Steps Down, Citing Pandemic And Other Stress

PYMNTS

Tom Blomfield , founder of Monzo , is leaving the U.K. challenger bank, citing "challenges" from the pandemic, a report from TechCrunch says. Blomfield served as been CEO of Monzo until last spring, when he became its president.

Report 197

Community Banks Boost Regional Presence with New Branches

Banking Exchange

Greenwoods buys branches from Town Bank, while Santa Cruz County Bank and Mountain America Credit Union announce openings Community Banking Feature3 Feature Management M&A. 1Community Banking

India’s Digital Efforts, Payments Poised To ‘Break Out’

PYMNTS

Demonetization may have helped shift India’s payments ecosystem toward digital channels. But it is the pandemic that is serving as steady tailwind — boosting the country’s momentum.

ATM 195

Busey Bank Cleared for Glenview State Bank Merger

Banking Exchange

First Busey Corp to merge with Cummins-American Corp, as Radius Bankcorp is acquired by LendingClub Management Feature M&A Feature3 Community Banking. 1Management

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.