Fri.May 14, 2021

Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back

PYMNTS

Bad actors leverage a bewildering variety of schemes, including ATOs, credential stuffing and phishing, against merchants.

Fraud 239

Managing Financial Risk in a Post-Pandemic Environment

Abrigo

Align inputs, outputs, and teams for risk optimization. How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. WATCH ON-DEMAND.

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Report: NerdWallet Looks To Go Public With Confidential Filing

PYMNTS

Personal finance company NerdWallet has privately provided American regulators with documentation to go public, Reuters reported Friday (May 14), citing unnamed sources.

Report 213

How Texas wants to use ATMs to stop human trafficking

ATM Marketplace

A Texas house bill aims to fight human trafficking by requiring operators to register white-label ATMs

Texas 97

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Neighborhood Goods CEO Sees ‘Massive Opportunity’ In Physical Retail Right Now

PYMNTS

With 14 months’ worth of pandemic-related lockdowns and retail capacity limitations finally starting to loosen up and consumers eager to get out and shop, eat and socialize again, a burning question in retail circles right now is: what type of stores will people return to?

Retail 211

More Trending

Blockchain VC Firm Framework Ventures Notches $100 Million For New Fund

PYMNTS

Canadian startup Framework Ventures — the biggest venture capital (VC) investing firm focusing on blockchain decentralized finance — raised $100 million for its second fund, Reuters reported on Friday (May 14).

Alt lending Week ended 14th May 2021

Daily Fintech

Companies to borrow £ 7 billion less this year as UK economy rebounds New figures out from Leading accountants Ernst and Young suggest that companies will be borrowing less this year as the UK economy bounces back strongly.

Stripe Buys Bouncer To Aid In Fraud Prevention

PYMNTS

Stripe , the tech company working on economic infrastructure for the internet, will acquire Bouncer , a press release says. Bouncer has card-scanning and risk technology which it uses to help businesses cut down on fraud and authenticate cards.

Fraud 205

Green Dot to buy tax refund unit from Republic Bank for $165M

Payments Source

Green Dot Community banking M&A Tax

Taxes 91

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!

Dillard’s Retail Sales Surge By 73 Pct

PYMNTS

Dillard’s , the apparel and home furnishing retailer, reported that total retail sales surged by 73 percent for the first quarter from the prior year.

Retail 203

This Week in Fintech ending 14 May 2021

Daily Fintech

This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives.

Wrapping Treasurers' Heads Around A Real-Time Ecosystem

PYMNTS

The world is moving faster, and corporate treasurers want in on the acceleration. Finance leaders are seeking technology and services that can give them insights on demand so they can execute operations like reporting and payments more quickly, too.

System 203

Leave My Interchange Alone!

Gonzobanker

The Fed’s proposed change to the Durbin Amendment could mean big losses in payment card interchange income for financial institutions. This week marks the 10 th anniversary of the Durbin Amendment (Regulation II) to the Dodd-Frank law that went into effect on Oct. 1, 2011.

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

NEW DATA: 46 Million Consumers Say They Plan To Use Cryptocurrency To Make Purchases

PYMNTS

Cryptocurrencies have become increasing popular since bitcoin’s debut 12 years ago. Once considered obscure, cryptocurrencies are now one of the most talked-about payment topics and make headlines in the daily news.

Varo 'on track' to be profitable by 2023 even as losses pile up

Payments Source

Digital banking Varo Money Challenger Bank Consumer banking

DoorDash Revenue Soars As Aggregators Make Major Moves Towards Post-Pandemic Future

PYMNTS

The first quarter of 2021 marked a turning point for major food delivery services.

Atlanta Fed raises flags about fintech's impact on financial inclusion

Payments Source

Fintech Federal Reserve Bank of Atlanta Financial inclusion Cash

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.

Soul Machines Puts A Digital Face On The Connected Economy

PYMNTS

When you hear that the company Soul Machines makes digital people, your first thought might be that it is some kind of slogan, and that the company in some way makes human beings more digitally active. But that would be wrong.

Square adds developer tools to boost sales and marketing

Payments Source

Square APIs

Tools 74

The Week In Payments: Bitcoin’s Stumbles, Google’s Cross-Border P2P Play And The Great BNPL Bounce

PYMNTS

It’s been an exciting week in payments, but then the payments and commerce world is always something of a never-a-dull-moment environment.

Google 186

Buy now/pay can be a pricing tool for retailers

Payments Source

Digital payments Credit E-Commerce

Tools 74

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

New Data: Consumers Demanding Better Transaction Controls In Digital Banking Apps

PYMNTS

Trust. Control. Identity. Managing for these quintessentially human attributes in the digital domain is a moving target, and it's what today's consumers expect from the relevant players.

ABA, Trade Groups Urge Support for CDFI Funding Increase

ABA Community Banking

The American Bankers Association and five other trade groups today urged House and Senate appropriations leaders to support $1 billion in funding for the Community Development Financial Institutions Fund in fiscal year 2022, with $100 million allocated for the Bank Enterprise Award Program.

Hardening Merchants' Digital Defenses Against Incursions From The Dark Web

PYMNTS

A great description of the criminal craze in credential stuffing is found in PYMNTS' May 2021 edition of the Digital Fraud Tracker® , done in collaboration with and supported by PayPal. Jason Ordway , chief technology officer of Slice, the pizza-ordering app integrated with 15,000 U.S.

New point-of-sale mortgage lending tool enters crowded market

BankInovation

RealKey launched its automated lending platform on Wednesday, entering a crowded market of fintechs that digitize and automate mortgage lending.

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.