Mon.Oct 07, 2019

What does the term ‘challenger’ really mean?

Chris Skinner

I had a few people haul me up over my critique of Nicholas Megaw’s article in the FT last week, including Nicholas himself. I realised post the post that the issue is definitions.

Affirm rolls out virtual card for checkout loans

Bank Innovation

The point-of-sale loan is evolving to a digital card that feels like a credit card but isn’t nearly as tough on customers’ budgets.

Cards 295

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What We’ve Learned From Libra

PYMNTS

PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting last week in Washington, D.C.

Robinhood adds ex-SEC official to board after regulatory issues

Bank Innovation

Robinhood is getting a new board member: Dan Gallagher, a former commissioner for the U.S. Securities and Exchange Commission. The addition comes almost a year after a planned Robinhood checking account product was torpedoed by regulatory and insurance questions.

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!

India Lodging Startup OYO Raises $1.5B Led By Founder, SoftBank

PYMNTS

India-based hotel and booking startup OYO announced a $1.5 billion funding round led by founder Ritesh Agarwal, SoftBank’s Vision Fund, Lightspeed Venture Partners and Sequoia India, Bloomberg announced on Monday (Oct.

More Trending

B2B Fraudsters Find New Twists In Old Scam Favorites

PYMNTS

Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters.

The Complex Post-Trade world of Securities and its API transformation

Daily Fintech

Internal communication and client communication in Securities Services remains a nightmare. This sector is actually a great example of batch processing, lack of cross border interoperability and standardization.

Vocalink CEO: The Three Guideposts For Navigating Payments’ Evolution

PYMNTS

The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to a close — is that when it comes to payments, this is the era of customer choice.

Contactless payments push credit cards past debit in Canada

Payments Source

Contactless payment transaction volume is soaring in Canada to the point where total credit card transaction volume is edging out debit card transactions for the first time because many consumers are using credit cards to tap and pay. Contactless payments Credit cards Debit cards Canada

Cards 136

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.

Xevo CEO: Why OEMs Will Win The Race For The Connected Car’s Future

PYMNTS

More than a century of automotive culture has brought many exiting eras. Think about how the affordable Ford Model T opened up car ownership to the masses, or the macho fun of the muscle car era, or even the more mundane joy of the fuel-efficiency revolution over the last generation or so.

Banks can take advantage of real-time pay before FedNow

Payments Source

Banks and merchants can already access solutions that can provide a real-time experience and process payments on the best set of rails for any particular use case, says BillGo's Kelly Seidl. ISO and agent Faster payments Payment processing Digital payments Banking

Healthcare Looks To 5G For Cost Control

PYMNTS

The new 5G mobile network technology has started to make its initial foray into healthcare, and at a time when issues of cost, efficiency and accessibility are gaining even more focus than was the case before. As all that happens, potential use cases for 5G in the healthcare space are taking at least rough shape. Various deployments might take years to play out, given the bureaucracy and legacy inertia common in the massive healthcare industry.

Why cash will remain vital to global financial inclusion

Payments Source

The challenge with cash is its nature makes it hard to transition away from it. On the other end of the scale, digital-only businesses may never accept cash, meaning they may always exclude the cash-based consumer. Financial inclusion Financial regulations Cash U.S.

US 119

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.

Affirm Expands Installment Payment Options To Any On, Offline Store

PYMNTS

Silicon Valley FinTech Affirm is rolling out a new app that will give customers a way to shop at almost any store and split their payments, the company announced in a press release on Monday (Oct.

Morning Brief 10.7.19: Paytm's new partnership pushes public WiFi

Payments Source

The information you need to start your day, from PaymentsSource and around the web. Today: Paytm extends wireless; Tim Cook takes a veiled shot at Libra; European regulators warn banks on AML; Ohio shuts crypto tax payment site. Briefing

Ohio 105

Nav CEO: The State Of SMB Financing, A Glimpse At Its Future

PYMNTS

Among the biggest challenges small and medium-sized businesses (SMBs) tackle — in good times and not so good times, economically speaking — is cash flow. As fundamental as revenue is, it doesn’t just matter how much an SMB brings in, but how much access it has to those funds when it needs them.

Data 194

How BBVA picks its fintech partners

Payments Source

Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present. APIs Fintech Disruptors Digital banking Digital payments Real-time payments Real-time data pso cardline lead 1 BBVA

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.

Developing Ethical Chocolate Via Blockchain-Based Cocoa Bean Tracking

PYMNTS

If chocolate is not the world’s most beloved food, it is at least a top contender, and has been for nearly 300 years. Global consumers eat a lot of chocolate each year – around $85 billion dollars’ worth, or 7.7 million tons annually.

NatWest expands biometric card pilot

Payments Source

NatWest is expanding its test of cards that use biometric fingerprints to authorize transactions, citing expanded use cases for contactless payments in the U.K. Biometrics Identity verification Payment fraud Risk

Cards 102

Building A Destination For Campground Reviews (And Reservations)

PYMNTS

Sarah Smith and her husband are avid campers. They’ve camped their entire lives. And when they moved to the Pacific Northwest, they began to camp every week — however, they would get mad at each other because neither one of them could find a campground that they could agree on to visit for a weekend.

Hawaii 193

Bank of Thailand biometric security pilot hits a snag

Payments Source

None of the 10 financial institutions in the Bank of Thailand's electronic know your customer verification test have completed the trial, raising a red flag for the myriad biometric risk projects underway. Biometrics Risk Payment fraud Payment processing Thailand

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!

Big Tech Privacy Bill Faces Delays

PYMNTS

Big Tech has faced a number of inquiries growing in scope and scrutiny as lawmakers have been focused on competitive practices and efforts to ensure data privacy and protection. To that end, Congress is reportedly not likely to pass legislation that will focus on data protection.

Taxes 190

NCR buys Midwest POS to add to its restaurant base

Payments Source

As fintechs like Stripe and Square close in on NCR's traditional businesses, the technology company is adding scale in southeastern markets through a purchase of Midwest POS Solutions. M&A Retailers NCR Stripe Square

Trending: How EU Regulators Are Complicating SCA Compliance

PYMNTS

Strong Customer Authentication (SCA) is just weeks-old and already mired in controversy. Merchants in the European Union (EU) are still wondering exactly what changes the regulation will bring when it comes to their relationships with customers.

And Now, a Word from Your Human Resources Leaders

Gonzobanker

“Lisa, if you don’t like your job you don’t strike. You just go in every day and do it really half-assed. That’s the American way.” Homer Simpson. Some of the Cornerstone team spent two days in roundtables recently with human resources leaders from banks and credit unions.

Data-Driven Marketing 101

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