Wed.Oct 14, 2020

Consumers Embrace Debit Amid Ongoing Uncertainty


When the chips are down, consumers love and trust their debit cards. Among clear COVID-era trends is the embrace of debit for managing and mastering new realities. Debit cards remain the payment method of choice among U.S.

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Treasury APIs | A win-win for banks and corporates post-COVID


In the post-COVID world, small- and medium-sized enterprises (SMEs) and larger corporates have much to gain from increased connectivity and straight-through access to supply chains and ecosystems.


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Cambridge Global, Ripple Partner On Cross-Border Payments


Cambridge Global Payments , a FLEETCOR company working on cross-border payments, has partnered with enterprise blockchain solution Ripple on a cross-border payment solution for B2B customers, according to a press release.

E-commerce conversions accelerate worldwide, despite obstacles

Payments Source

A shift to online payments and digital technology across the globe occurred at warp speed during the coronavirus pandemic, but that trend doesn't magically solve payments challenges in various markets, nor does it render the fundamentals of customer service less meaningful.

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5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.

Crypto Gets A Second Look From Corporate Investors Seeking Yield And Hedge


The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept.

More Trending

Carsharing Startup Getaround Raises $140M In Series E


Silicon Valley carsharing startup Getaround won a $140 million Series E financing round led by PeopleFund, Getaround announced on Wednesday (Oct. Additional new and existing investors include Reinvent Capital, Menlo Ventures, SoftBank, Braemar Energy Ventures and others.

PayPal launches buy now, pay later product in crowded U.K. market

Payments Source

PayPal has launched a new buy now, pay later (BNPL) product in the U.K. called “Pay in 3” to take on rivals Afterpay, Klarna and others ahead of the winter holiday shopping season. Online payments PayPal U.K. Digital payments

Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds


Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds, according to sources quoted by Bloomberg.

Apple's contactless innovation puts pressure on banks to up their game

Payments Source

The buy-in from Apple proves contactless payments are on the rise, but should also act as a warning sign for banks to promptly restrategize if they want to uphold their position in the industry, says Tealium's Heidi Bullock. Banking Contactless payments Mobile payments Payment processing Apple

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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!

Regal Software Introduces Bank-Branded B2B Payables


To streamline B2B payments, MineralTree company Regal Software unveiled its RegalPay One offering in a Wednesday (Oct. 14) announcement. Its predecessor, RegalPay, has been available since 2008, connecting to more than 160 enterprise resource planning (ERP) systems.

Stablecoin News for the week ending Wednesday 14th October.

Daily Fintech

Who will be first, which will be best? Here is our pick of the 3 most important Stablecoin news stories during the week. A friend asked me this week to answer this simple question.

Casai CEO On Reimagining Hospitality For The Global Nomad


If one were to pick an ideal year to launch a new hospitality business, 2020 would not have been it. The incredible hit to the sector from the global pandemic is both familiar and well documented.

Why entering a contactless world is no easy task for merchants

Payments Source

Riding a technology wave that helps attract more customers and generate more revenue sounds appealing enough — but with contactless payments, there isn't always a clear upgrade path for stores that have relied on older terminals. Contactless payments NFC Compliance Point-of-sale Retailers

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Why London’s Calling For The FinTech Industry


The year 2020 was going to be a wild ride for London’s financial services firms even without COVID-19. After all, Brexit was set to move from a theoretical change to a concrete reality, changing the rules for financial services players all over the country as well as for those on the continent.

TD Bank sues Plaid for trademark infringement, false advertising

Payments Source

In a lawsuit filed Wednesday, the U.S. subsidiary of Toronto-Dominion Bank accused the data aggregator Plaid of improperly using the bank’s name, trademarks and logos when it gathers TD customers' data. Fintech Data sharing Lawsuits Plaid Technologies TD Bank

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Ripio, Circle Partner To Boost USDC Stablecoin Use In LatAm


Latin American cryptocurrency company Ripio will work with global FinTech firm Circle , using the latter's platform to support USD Coin (USDC) liquidity, according to a press release emailed to PYMNTS. It will also work to fund flows across Circle's exchange and wallet products.

This #GlobalHandwashingDay, go CONTACTLESS!


It’s #GlobalHandwashingDay and it’s never been more important to practise hygiene and opt for contactless. Get started on your contactless journey with these Credit Cards and Personal Loans!

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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.

Turkish FinTech Payguru To Expand SMS Payments


Payguru is a Turkish company currently working to give residents a way to pay for bus travel cards via text message, according to a report by Financial Times (FT).

FMIs face more cyber threats than ever but remain robust to attacks


Despite growing risks of cyberattacks and the need to switch to remote working, Financial Market Institutions (FMIs) adapted well to the crisis, according to speakers at Sibos. “FMIs could quickly move to the new mode of working, especially during volatile markets. It all went

KeyBank’s Gavrity On The 'Verticalization' Of B2B Payments


The pandemic has forced a fundamental reckoning for businesses large and small.

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‘Fincen files’ underscore urgency of AML reform

Payments Source

Better dialogue between banks and authorities coupled with stronger anti-money-laundering measures could help address the suspicious activity report flaws revealed by investigative journalists. International banking AML FinCEN Money laundering

Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down


Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on credit cards, car loans and mortgages, even as the pandemic rages on. Year to date, across $2.3

Using payments tech to punch above your weight

Payments Source

Nano Banc's president, Mark Troncale sits down with PaymentsSource's senior editor Kate Fitzgerald to discuss how the fintech decided to be amongst the first wave of small-to-midsize banks adopting The Clearing House's real-time payments solution. So how did it go? Fintech Real-time payments Faster payments Leaders

Qdoba On Curbing Chargeback Fraud With Data Analytics


The mobile order-ahead space is one of the few seeing an upswing of increased revenue amid the pandemic, as quick-service restaurant (QSR) customers look for safe, convenient ordering services that limit human contact.

TD Bank sues Plaid for trademark infringement, false advertising

American Banker

In a lawsuit filed Wednesday, the U.S. subsidiary of Toronto-Dominion Bank accused the data aggregator Plaid of improperly using the bank’s name, trademarks and logos when it gathers TD customers' data. Fintech Data sharing Lawsuits Plaid Technologies TD Bank

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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.