Fri.Nov 29, 2019

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InsurTech Players Turn Their Attention To Startups

PYMNTS

In the land of startups, speed matters. Scale matters. Funding matters. But the other nuts and bolts of running a business require attention, too. That includes insurance, which of course protects against the unexpected and unplanned events that occur while running a business. Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California.

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Why banks must reinvent programme delivery

Accenture

The face of banking is changing—our big high-street banks are now having to compete, not only with each other, but also with the growing ranks of challenger banks and other third parties. To sustain their importance to the economy and remain relevant to their customers, this means banks have no choice but to innovate and…. The post Why banks must reinvent programme delivery appeared first on Accenture Banking Blog.

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Retailers Start New Traditions With Innovation Around The Holidays

PYMNTS

Today, of course, is the day after Thanksgiving. After all the turkey and stuffing … if you live in the U.S., you could be gearing up to buy gifts in store or online. The deals might be intriguing – and the quantities may be limited. Rather than standing in line at the checkout counter, here’s a thought. In a season where tradition is key, retailers are setting new ones with the help of emerging products and services on this Black Friday.

Retail 151
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CIBIL Study Shows Millennials Are Actively Checking Their Credit Scores

BankBazaar

While millennials are borrowing more than pre-millennials and post-millennials, they are still conscious about how much debt they are taking up…. Did you know that India’s millennials fall in the biggest borrowers’ category within the country? Unlike baby boomers who aren’t much open to borrowing credit, recent studies have revealed that millennials are avid borrowers and spenders.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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Investors Eyeing Tech and (Astro)Turf Too

PYMNTS

Valuations are high. Not just in the stock market. Pretty much everywhere you might look. And as investors look across various asset classes, might the gaze be sweeping across eCommerce, FinTechs, maybe even bricks and mortar (sorry, WeWork) … to kicks and scorers? In an age where private equity has seen the trials and tribulations of investing in companies that promise to disrupt the status quo and where red ink flows — there seems to be promise in cleats, balls and jerseys.

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More Trending

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SoulCycle’s CEO Ouster Comes Amid More Digital Fitness Offerings

PYMNTS

Fitness is always ripe for disruption in this digital age, and recent events serve to illustrate how the race to win the hearts — and sweat and increased muscle mass and cardio capabilities — of consumes is a fierce one that will command attention in the coming decade. The news this week comes from SoulCycle , a U.S.-based firm that provides indoor cycling activities for fitness-minded people and is often viewed as a fitness boutique.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

It’s the end of a holiday week and almost the beginning of a new month. And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach.

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Hey Alexa, Do You Get Me?

PYMNTS

Machines don’t have feelings, at least not yet. But machines – notably, the voice-assisted and voice-activated devices that are increasingly populating consumers’ homes – are becoming much better at reading emotions. And that will stand as one of the top trends in the new decade, at least according to researchers and other observers. As in so many things in payments and commerce, Amazon is among the leaders here.

Examples 128
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AfterPay CEO: How Alt Payments Are Altering Black Friday Spend

PYMNTS

Shoppers looking for something a little unusual this holiday season when they head out on Black Friday will have no shortage of interesting options. Christmas tree not smart enough? Amazon has an Alexa-enabled solution for that. Need an advent calendar, but not into eating chocolate of questionable quality? Tiffany & Co. has your back with a much sparklier option, though you’d best come with $112,000 on hand, as that is the cost of entry.

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The State of Automation in Financial Services 2024 Report

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

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

Black Friday looms, as does Cyber Monday, as well as the holiday shopping season that should see a bump and final flurry of consumer activity into the last few weeks of the year. By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 billion. Adobe has estimated that sales stretching from Thanksgiving to Cyber Monday should be worth as much as $29 billion.

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