PYMNTS

NOVEMBER 1, 2020

PROS , which provides artificial intelligence-powered solutions, will be expanding its strategic collaboration with Adobe to include Magneto Commerce , an eCommerce platform, with the goal of helping companies launch eCommerce solutions. A press release says the partnership will help companies access the means to launch the eCommerce solutions, including the PROS Connector for Real-Time Pricing, which companies can leverage across several channels.

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Operations Meeting Online Innovation 247

Payments Source

NOVEMBER 1, 2020

As the pandemic and economic downturn take their toll on consumer spending, the card companies are relying on scale, partnerships and subsidiaries to turn consulting, security and fast technology deployment into new and sustainable revenue streams.

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Strategy Security Cards Technology 166

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu was valued by investors at $25 billion in a deal last month, Bloomberg reported, in a transaction whose value was driven up by the shift of Poles to online shopping as a result of the pandemic.

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ATM Leadership Capital Online 243

Payments Source

NOVEMBER 1, 2020

Businesses are looking for banks to help them shed paper and automate transactions, says FISPAN's Clayton Weir.

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Regulation Payments 125

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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

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. According to the report, the company’s legal proceedings, claims and investigations, along with the alleged magnitude of them, "has generally increased over time and may continue to increase.".

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Apple Company Report Regulation 235

PYMNTS

NOVEMBER 1, 2020

Suplari , which works in spend agility, has debuted the next version of its Spend Industry Cloud, which has 175 different automated insights to help predict and manage costs, cash flow and investments, a press release says. Using advanced algorithms and industry best practices, Suplari gleans thousands of data points on suppliers, contracts, purchase orders and budgets into what the release says are “actionable opportunities” for finance professionals.

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Tools Analytics Data Policies 213

American Banker

NOVEMBER 1, 2020

Professional Holding has opened an office close to Boston to make loans to aspiring CEOs — often recent business school graduates — who are looking to buy their first businesses.

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Florida Boston Community Bank Community 78

PYMNTS

NOVEMBER 1, 2020

Acting Comptroller Brian Brooks , speaking on a podcast recently, said banks in the U.S. were exploring ways to adopt crypto after the Office of the Comptroller of the Currency (OCC) made a decision over the summer letting banks provide custody of crypto. According to CoinDesk , Brooks, speaking on Laura Shin's Unchained podcast, said the options available could include partnering with or purchasing custodians.

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Bitcoin cryptocurrency Fintech US 212

BankBazaar

NOVEMBER 1, 2020

Does No-Shave November only have to do with sporting a manly beard? Read on to find out the significance of this phenomenon. You’ve probably seen the hashtag on social media, #noshavenovember, posted along with a picture of someone with a full-grown beard. Ever wondered what significance this trend has in society? The movement goes beyond embracing facial hair.

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social media Trends Meeting Branding 78

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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

Report

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported. “[It's] not at all appropriate at a time when 200,000 businesses will have to shut their doors,” Junior Economy Minister Agnes Pannier-Runchaer said in response to a question about the

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Retail Regional Policies Operations 206

CB Insights

NOVEMBER 1, 2020

The largest fintech companies are benefiting from private markets flush with capital and yield-hungry investors. In Q3’20, mega-rounds (deals worth $100M+) accounted for 60% of total fintech funding — the highest percentage share since Q2’18. Funding represented by mega-rounds increased 24% quarter-over-quarter (QoQ) to $6.4B, while non-mega-round funding declined 16%.

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Trends Fintech Report America 70

PYMNTS

NOVEMBER 1, 2020

Apple remains the most valuable company in the country, but it's worth $430 billion less than it was two months ago — largely, analysts say, due to concerns the new iPhones arrived too late. At market's close on Friday (Oct. 30), Apple's market capitalization was $1.862 trillion with a share price of $108.86. Apple's market capitalization had been $2.295 trillion on Sept. 1 — its all-time high with a share price of $134.18.

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Apple Marketing Capital Report 177

Perficient

NOVEMBER 1, 2020

;Before analyzing the performance of Android apps developed using difference frameworks, lets just have a quick idea on these frameworks. Flutter. Flutter is a portable open-source UI development toolkit for building natively-compiled apps across mobile, web, and desktop from a single codebase. . Flutter was created & being maintained by Google.

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Google Survey User Experience Community 416

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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

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NOVEMBER 1, 2020

New York Gov. Andrew Cuomo is doing away with his policy of requiring travelers from COVID hotspots to quarantine, and will now instead be asking them to get tested for the virus before entering the state, CNBC reports. They’ll also have to get tested again within days of entering New York. CNBC reports that Cuomo's previous rule applied to people traveling from any state that has had positive testing rates of more than 10 per 10,000 residents over a seven-day rolling average.

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New York New Jersey Connecticut Policies 176

The Financial Brand

NOVEMBER 1, 2020

External data and analytic capabilities can be used by banking organizations, but internal teams must be trained to deploy these insights. The post Banking Must Develop AI Talent to Reduce Digital Transformation Gap appeared first on The Financial Brand.

Analytics 40

Analytics Training Branding Data 40

PYMNTS

NOVEMBER 1, 2020

Inspire Brands will acquire Dunkin' Brands , the parent of Dunkin' and Baskin-Robbins , for $11.3 billion and assumption of debt, the companies announced Friday (Oct. 30) in a press release. The deal values Dunkin' stock at $106.50 per share. Dunkin' shares closed Friday at $99.71 each. As recently as Oct. 23, Dunkin' shares were trading at $88.79. The release stated that the boards of both companies have approved the deal.

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Branding Operations Trends Industry 171

The Financial Brand

NOVEMBER 1, 2020

Surge in contactless — both card-based and mobile wallets — also helps issuers and servicers. But legacy systems are holding them back. The post How New Consumer Payment Habits Advance Fintechs at Banks’ Expense appeared first on The Financial Brand.

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Fintech Payments Branding Cards 38

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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

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NOVEMBER 1, 2020

Even though many companies recently reported earnings that showed a faster-than-expected bounce back from the pandemic, executives remain leery about the foreseeable future, The Wall Street Journal (WSJ) reported Sunday (Nov. 1). “It is not a straight-line recovery around the world. It’s important to remember the world is in a fragile state," Coca-Cola CEO James Quincey said last month, according to WSJ.

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Company Apple Report Trends 168

The Financial Brand

NOVEMBER 1, 2020

Don't stand in the shadows of major card issuers' highly promoted programs. The COVID-19 recession has upped receptivity to fresh offerings. The post How Smaller Institutions Can Grab Credit Card Business Back from Megabanks appeared first on The Financial Brand.

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Cards Branding social media Marketing Strategies 37

PYMNTS

NOVEMBER 1, 2020

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available. In response to the shift to working from home, Zeno Expense offers expense leaders tools to help sort through company travel management, which has become less clear cut than when employees were working from off

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Tools America Management Policies 168

The Paypers

NOVEMBER 1, 2020

Kount , the fraud prevention and digital identity trust company, has announced an Accelerate Level partnership in the Adobe Exchange Partner program.

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Fraud Company 28

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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

PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. Amazon, according to Reuters, sent a letter to the Securities & Exchange Board of India last week arguing that Future Retail was issuing misleading public statements about the proposed transaction, saying it was complying with contractual obligations.

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Retail Report Regulation Industry 160

PYMNTS

NOVEMBER 1, 2020

Surecomp , which works in global trade finance solutions for banks, has announced financial crime solution ThetaRay as the newest partner for its Marketplace platform, according to a press release. ThetaRay will be fully integrated with Surecomp's back-office trade finance solutions and can be accessed via open application programming interface (API) connectivity, the release stated.

Fraud 160

Fraud Risk Management ATM Analytics 160

PYMNTS

NOVEMBER 1, 2020

Airlines, still trying to offset their dismal revenue shortfalls due to the pandemic, are now trying a new tactic in just giving seats away, The Wall Street Journal (WSJ) reports. In August and September, Alaska Airlines ran a 48-hour sale in which an entire three-seat row was offered for the price of a single ticket. Europe-based Ryanair Holdings, meanwhile, offered 2-for-1 seating specials for flights through the middle of December.

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Alaska Seattle Report Company 215

PYMNTS

NOVEMBER 1, 2020

The European Union's chief antitrust regulator told a German newspaper in an interview published Sunday (Nov. 1) that she sees no reason to break up Google or other big tech companies, according to Reuters. Margrethe Vestager did, however, say regulators may need new powers to oversee the markets dominated by Google and other large tech players. The Danish diplomat made her remarks in an interview published by Frankfurter Allgemeine Sonntagszeitung.

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Regulation Google Marketing Fintech 249

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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.

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