Fri.May 10, 2019

Fintech startups use unique approaches to payments to raise funding

Mobile Payments Today

As venture capital continues to look for new opportunties, startup firms in the fintech space are taking unique approaches to payments and financing to raise new funding to accelerate their growth

U.S. Congress Launches Task Forces for Fintech, AI

Bank Innovation

The U.S. House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence.

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Alipay, Adyen And Klarna Team Up For ‘Pay Later’ Option On AliExpress

PYMNTS

Three popular payment companies, Alipay, Adyen and Klarna, have teamed up to allow AliExpress shoppers to use Klarna’s “Pay Later” option for online shopping, according to a release. . The pay later option is enabled through Adyen, the payments provider behind AliExpress.

Banks Back Record Number of Cybersecurity Startups

Bank Innovation

Banks and their venture arms increasingly are backing cybersecurity startups, investing in everything from threat intelligence to data security firms, according to a new CB Insights report.

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ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security.

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More Trending

Iris-Reading USB Device Marketed As Unhackable Is Hacked

PYMNTS

The eyeDisk, a USB flash drive that claims to be unhackable, has been hacked by a U.K.-based based cybersecurity firm called Pen Test Partners, according to a report by TechCrunch.

7 of Amazon's failed payments predictions

Payments Source

Amazon is undeniably a juggernaut in the realm of e-commerce and digital payments — but its journey was filled with missteps and failed experiments. Digital payments Online payments Mobile payments Mobile wallets P-to-P payments Retailers Internet of things Amazon

Walmart Pivots On Brazil eCommerce Strategy, Focuses On Physical Stores

PYMNTS

Walmart Brasil has announced it will shutter its eCommerce division in Brazil and focus on physical stores, according to a report by Reuters. The company said it plans to turn underperforming hypermarkets into brick-and-mortar wholesale stores.

San Francisco puts the kibosh on cashless retail, restaurants

ATM Marketplace

San Francisco has become the latest city to say no to cashless retail and foodservice as advocates for vulnerable populations demand equal access to shopping and dining establishments for the unbanked

The 2019 Technographic Data Report for B2B Sales Organizations

In this report, ZoomInfo substantiates the assertion that technographic data is a vital resource for sales teams. In fact, the majority of respondents agree—with 72.3% reporting that technographic data is either somewhat important or very important to their organization. The reason for this is simple—sales teams value technographic data because it makes essential selling activities easier and more efficient.

Money Laundering Causes Rising Canadian Home Prices

PYMNTS

Home prices increased about 5 percent in Canadian province British Columbia last year thanks to money laundering.

World Council Of Credit Unions Helps Develop Technology In Asia And Africa

Tom Groenfeldt

The World Council of Credit Unions helps develop new technology, like mobile banking, that credit unions need but cant afford to develop on their own

Uber’s Bust(ed IPO) Of A First Day

PYMNTS

Call it a less than auspicious beginning. When the rubber met the road, when the trading actually became reality, Uber sputtered. To say the least.

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Open banking needs more than APIs to work

Payments Source

Solving open banking's challenges requires a whole new approach to international payments beyond basic open development, says Marten Nelson, co-founder of Token.io. ISO and agent APIs Digital payments Payment processing E-Commerce Retailers

The Time-Saving Power of Intent Data for Sales

By using the power of intent data, capturing buyer interest has become more feasible for sales. Not only that, but using it will save immense time during your workflow; a win-win on all fronts.

Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?

PYMNTS

High end? Low end? Smack in the middle? As it turns out, after much anticipation, it’s the low end.

Course 203

5.10.19 Your morning briefing

Payments Source

The information you need to start your day, from PaymentsSource and around the Web. Today: Swift seeks IT experts; Tencent and Ant get bank licenses in Hong Kong; Google updates security and payment acceptance; Dapps face more regulations. Briefing

Making The Case For Cash In Unattended Retail

PYMNTS

Vending machine operators have become increasingly attentive to the demand for swift digital payment options, and have benefitted from significant sales growth after enabling cashless payments. However, for the 8.4 million unbanked U.S.

Retail 203

How the Venture Studio model, borrowed from Hollywood, may finance the Blockchain Economy, replacing the current Fund centric model that drives Silicon Valley.

Daily Fintech

TLDR Hollywood & Silicon Valley both have proven models for harnessing ideas & talent to big profits. As we move from rock stars to film stars to code stars, the model from down south in LA is moving north to Silicon Valley and all places where tech ventures are created.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

People And Bank Automation — An ‘And’ Not An ‘Or’

PYMNTS

It is hard to argue, after five decades in existence, that the ATM hasn’t been an overwhelming success as financial products go — in fact, it has changed the face of how consumers interact with banks.

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In Germany, where cash has been king for so long, cards take the lead

Payments Source

Germans' devotion to cash is waning, as payments cards edged out cash for total transaction value in German retail sales in 2018. Cash Payment cards Germany Sweden

Jumia’s Shares Slide On Fraud Claims By Short Seller

PYMNTS

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on Friday (May 10) and traded at $20.30 at one point, the Financial Times reported. The stock, however, was trading higher – at $25.78 – as of 3:43 p.m.

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On the Road with Rising Auto Loan Delinquencies

SWBC's LenderHub

Delinquencies in the auto loan landscape are the highest they’ve been in the past decade.

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

Nike Introduces Smart Shoes

PYMNTS

Nike is launching a new service within its app that will scan a user’s feet to determine their correct shoe size. Nike Fit in North America will officially launch in July.

Ingenico offers LinkPlus to improve call-center payment security

Payments Source

Despite the technology advancements of the past decade, many consumers still provide spoken card details over the phone to company call centers. The practice has triggered security concerns throughout the payments industry. Data security Ingenico

Smartphone Sales Hit Five-Year Low In Q1

PYMNTS

New data shows that smartphone shipments in North America have fallen to a five-year low , plummeting 18 percent year on year in the first quarter of 2019. According to a report from Canalys , shipments plunged from 44.4 million to 36.4

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3 Ways to Leverage Azure Self-Service Bots in Your Organization

Perficient Financial Servies

Today’s workforce is highly mobile, technology savvy and resourceful. It is more critical than ever to provide employees with real-time assistance and support that offers a positive employee experience. To maintain productivity, employees need the ability to do things such as initiate IT tickets or register for HR benefits at their convenience. They also want to stay up-to-date on company news and events.

Data-Driven Marketing 101

This eBook highlights how data-driven strategies empower marketing campaigns through personalization tactics.