Payments Dive

JULY 28, 2020

The COVID-19 pandemic has accelerated the use of digital payments and moved the debate over a cashless society to a near-term consideration

Payments 513

Payments 513

Perficient

JULY 28, 2020

In our recent blog, Strengthen Your B2B Commerce Experience with CPQ & PIM, we learned how integrating a product information management (PIM) system with a configure price quote (CPQ) system can build efficiency and accuracy throughout the B2B buying process. Next, we’ll explore the benefits and delineation of responsibility between a customer relationship management (CRM) system, an enterprise resource planning (ERP) system, and a CPQ system to create a seamless experience for both your ext

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System Resources Management Data 332

Chris Skinner

JULY 28, 2020

I’ve grown up in a period of strong political stability. I’ve been lucky. Many other people grew up in a period of strong political instability, with war and famine and economic starvation. I realise I’ve been lucky because I’m now looking at lockdown, China-US trade relations, British-EU trade relations, African … The post The new normal for conferences (#Money2020) appeared first on Chris Skinner's blog.

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Conference US Fintech 285

PYMNTS

JULY 28, 2020

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week’s look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions. Kabbage Steps Into Banking.

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Fintech Lending Digital Banking Technology 279

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

Chris Skinner

JULY 28, 2020

Things we’re reading today include … Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say European banking needs a Big Bang TransferWise valued at $5bn in secondary share sale Will coronavirus mean the demise of banknotes? | Howard Davies Google commits to vast London office despite rise … The post Things worth reading: 29th July 2020 appeared first on Chris Skinner's blog.

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Google 242

Bobsguide

JULY 28, 2020

2020’s economic downturn has established the importance of planning around cash visibility and liquidity, according to fintech software company Serrala. “While cash is king, information is queen,” Bart Parren, senior vice president for solution transformation at Serrala, said.

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PYMNTS

JULY 28, 2020

Millennials and Generation Z consumers get all of the attention when it comes to their changing digital habits amid the pandemic. Google the words “millennials shopping shift,” and page after page of listicles, think pieces and how-to articles appear. But do the same with “baby boomer shopping shift,” and one will find about a half a page of dedicated articles — and a lot of other pieces comparing boomers to millennials or talking about generational shopping shifts more broadly.

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Millennials Survey Ohio Google 244

Bobsguide

JULY 28, 2020

Combatting financial crime has long been an arduous process. Conducting face to face investigations on the ground far and wide and rifling through masses of paperwork places a huge burden on the time and resources of financial organisations. These traditional forensic techniques may produce.

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Resources 146

PYMNTS

JULY 28, 2020

The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2 billion. While eBay’s second quarter results were stellar, the event was more notable for the unveiling of new CEO Jamie Iannone ’s vision for the company. By the numbers, the pandemic-driven digital shift has been good for the company, as revenue for the quarter was $2.9 billion, up 18 percent over 2019.

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Payments Source

JULY 28, 2020

E-commerce payments provider dLocal has added a merchant dashboard to provide a simpler display of transactional data and multi-currency management for cross-border payments.

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Data Management Payments Online 142

PYMNTS

JULY 28, 2020

COVID-19 didn’t create the idea of selling direct to consumer, but the outbreak has massively expanded consumer interest in the idea across virtually all commerce verticals, sticky.io Chief Operating Officer Ro Bhatia told PYMNTS in a recent conversation. He said DTC is looking less and less like a subset of eCommerce and more like something that everyone playing in the digital ecosystem needs to add.

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Branding Retail Examples Maine 215

Bobsguide

JULY 28, 2020

Take the survey here. As capital markets continue to deal with the impacts of the pandemic, firms face a crossroads in the development of their core tech infrastructure. Once cautious of the cloud, organisations are now flocking to cloud solutions amidst the promise of heightened security.

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Survey Capital Marketing Security 131

PYMNTS

JULY 28, 2020

The pandemic has changed how consumers purchase goods, with many avoiding brick-and-mortar stores due to the continued threat of catching the virus in public spaces. Shoppers are instead redirecting their purchasing energies toward the digital realm, with recent PYMNTS research finding that 29.2 percent of U.S. consumers did at least some shopping online as of April 11 — a figure that had risen to 35.7 percent by May 23.

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Cards Rhode Island Payments Online 212

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

ATM Marketplace

JULY 28, 2020

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.

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US Digital Banking Retail Mobile 131

PYMNTS

JULY 28, 2020

Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Their hesitancy isn’t without reason: CFOs and finance teams can find it a monumental task to overhaul manual systems and processes that have been in place for years — and understanding the first step to B2B payments digitization can be a dizzying task.

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Payments Cards Digital Strategies Strategy 176

Payments Source

JULY 28, 2020

The global card issuer will provide its tokenization technology for JPMorgan Chase's virtual card program in early 2021.

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Cards Technology Online Payments 135

PYMNTS

JULY 28, 2020

Mastercard and Microsoft Corp. have announced a partnership that they said will accelerate innovation across digital commerce and startup ecosystems. The collaboration promises to accelerate Mastercard Labs, the financial services company’s research and development arm that is dedicated to bringing payment solutions to market quicker. The service will be enabled by Microsoft Azure , the cloud computing platform designed to build, test, deploy and manage applications through its data centers.

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Payments Innovation User Experience Cards 168

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

Bobsguide

JULY 28, 2020

New data from Innovate Finance found that UK fintechs pulled over $1.84bn (£1.4bn) in venture capital investments during the first half of 2020. The findings show that the UK fintech market is still growing despite coronavirus, with investments up 22 percent in the first half of the year.

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Fintech Capital Innovation Data 97

PYMNTS

JULY 28, 2020

New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28) that rideshare drivers must receive state unemployment benefits within 45 days, per a report from The New York Times. A group of drivers and an advocacy group called the New York Taxi Workers Alliance sued Gov. Andrew Cuomo in late May, arguing that Uber and Lyft drivers were entitled to benefits and that the state was stalling in paying them.

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New York California Massachusetts Resources 165

Payments Source

JULY 28, 2020

Business size and payment volume all play a role in what's needed for compliance, says 2Checkout's Madalin Cojocariu.

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Compliance Payments 120

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Platforms that help shoppers find their desired goods typically claim the greatest shares of online purchasing activity, with a recent report noting that consumers favored marketplaces with “expansive, cur

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Marketing Regulation National Operations 159

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

BankInovation

JULY 28, 2020

As you well know, even before the onset of the recent pandemic, the transition from “brick-and-mortar” to digital banking was well underway. For financial institutions, having effective web and mobile banking platforms were no longer a luxury, but a necessity. With the recent stay-at-home orders, people generally limiting their amount of public exposure, and heightened […].

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Digital Banking How To Mobile 98

PYMNTS

JULY 28, 2020

Facebook CEO Mark Zuckerberg’s speech for the antitrust hearing before Congress on Wednesday (July 29) touts his company’s mission as one of connectivity, boosted by selling ads and debuting new services to connect to users, according to a transcript from Politico. Zuckerberg is one of four Big Tech CEOs expected to appear before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law Wednesday.

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Innovation Apple Google Industry 159

Payments Source

JULY 28, 2020

Realize that everyone is your customer; your members, employees, partners, vendors and the general population, says OBI Creative's Mary Ann O'Brien.

Management 101

Management Payments 101

PYMNTS

JULY 28, 2020

Apple reportedly sought a commission from ClassPass and Airbnb after the platforms started to offer digital classes due to the pandemic, The New York Times reported. The tech company told ClassPass that it should receive 30 percent of the sales as its classes offered via iPhone app were digital, according to an unnamed source in the report. Airbnb received a similar communication from the tech company once it started an “online experiences” segment that provided offerings like culinary instructi

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Apple Guidelines New York Policies 152

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending