Mon.Sep 16, 2019

Corporate cloud-based payments: what’s that all about?

Chris Skinner

I was recently asked by Volante Technologies to consider what being a digital bank means, specifically for a commercial bank and, even more specifically, the bank’s payments and treasury services.

How TD wants to bridge the confidence gap with AI-based tools

Bank Innovation

Canadians may accept that AI is a part of their lives, but many express concerns about the potential risks that the application of the technology presents, including biases. That’s according to a recent TD Bank survey of 1,200 Canadian adults carried out by Environics Research.

Tools 270

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Things worth reading: 17th September 2019

Chris Skinner

Things we’re reading today include … How long will Jamie Dimon’s magic touch last?

Google 237

Credibly teams up with Wirecard for instant funding, better customer data

Bank Innovation

Credibly, a small business lending company, is partnering with Wirecard to disburse instant funds and access businesses’ spending data. The partnership is an attempt by Credibly to grow its customer base through better offerings and better risk management.

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!

What The Trendsetters Say About How We Will Pay Next Decade


Sheep are not natural-born leaders. If they were, they wouldn’t need border collies or sheepherders to make sure that they didn’t follow wolves blindly into harm’s way and that they ended up where they needed to be at the end of the day.

Study 280

More Trending

New Report: How Consumers Use Connected Devices To Shop And Pay


Voice is connected commerce’s killer app. That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases.

Report 268

Examiners’ Shift in Focus Calls for Institutions to Develop a Risk-Based AML Program


The burden of extensive regulatory exams on a financial institution’s BSA/AML program has taken its toll on the financial crimes industry for years.

Delivering Restaurant Innovation With Mobile Tech


With more choices for fast-casual dining than ever before, diners can choose to eat in restaurants or tap into delivery whether they want pizza, sandwiches or entirely different fare.

The CFPB's turning up the heat on remittance companies

Payments Source

The CFPB’s enforcement action against Maxi suggests that the CFPB may more aggressively enforce certain rules going forward, writes Jeffrey Alberts and Dustin Norfizer of Pryor Cashman. ISO and agent Remittances Cross border payments Payment processing P-to-P payments CFPB

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.

What MyPayrollHR Debacle Says About Payroll’s Future


Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse.

System 260

U.S. investors fund Mexican lenders targeting underserved merchants

Payments Source

Goldman Sachs, Elevar Equity and QED Investors are among institutions financing Mexican lenders that fund SMEs. Venture funding B-to-B payments Lending Point-of-sale Goldman Sachs Mexico U.S.

US 118

 Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud


So now, the investigation deepens and broadens, with payroll fraud under the microscope.

Fraud 253

'Robotic payments' don't have to replace staff

Payments Source

Telling staff the tech frees up time is an important part of bot-enabled payment strategy, says Troovo's Kurt Knackstedt. ISO and agent B-to-B payments Payment processing Digital payments

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.

Libra CEO Says Proposed Crypto Is A Payment Network, Not A New Currency


Calibra CEO David Marcus, who’s heading up the organization pushing the proposed Facebook cryptocurrency Libra, has taken to social media to dispel the idea that the crypto is a danger to the status quo of the global economy, according to reports. .

Why fintech rollouts are magnets for fraud

Payments Source

Hackers go in for the kill when challenger banks and others launch retail products. So the companies are forced to step up their defenses — fast. Fintech Fraud detection Fraud liability Fraud prevention Disruptors Payments Payment fraud pso cardline lead 2 CHIME Aite Group

Fraud 103

UnionPay, Wirecard Team Up For Global Expansion


Wirecard and UnionPay have partnered up and signed a memorandum of understanding (MoU) to expand globally, according to a release. The agreement between the two companies is meant to help support UnionPay’s continuous push for international growth while also fueling Wirecard’s presence in China.

Cards 246

Plaid gets strategic investment from Mastercard and Visa

Payments Source

Plaid, the San Francisco-based financial technology infrastructure provider, has received strategic investments from Mastercard and Visa as part of a $250 million round of funding. Plaid did not disclose the two networks' specific investments.

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.

Amazon Denies Algorithm Manipulation Claims


Amazon has responded to a recent story in The Wall Street Journal which claimed the eCommerce giant has changed its algorithm to benefit its profitability, pushing its own products higher in search. “@WSJ WSJ story based on anonymous sources is wrong,” the company tweeted on Monday (Sept. 16). “We

AI comes to AML as compliance challenges rise

Payments Source

As anti-money laundering requirements tighten in many jurisdictions, financial institutions and fraud prevention platforms are ditching legacy AML solutions for newer technology — but alternatives aren’t easy to come by yet.

Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks


As more startups penetrate the $1.5 trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept.

2 Tug-A-Wars and 3 trends in Digital wealth

Daily Fintech

Abaka conversational AI for financial advice I took the rolling escalators to the Gallery at King`s Place where the annual Robo investing 2day conference takes place, thinking about The cash piles that wealthy people are stacking away in the UK market – FFI = Funds Flow Index by Calastone The frustration of the asset management […].

Trends 101

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!

Mozilla, Creative Commons Partner With $100M Web Payments Fund


Three companies have joined forces to change the way things are paid for online with a native web payments standard, according to a report by TechCrunch.

Morning Brief 9.16.19: French politician vows to stop Libra in France and Germany

Payments Source

The information you need to start your day, from PaymentsSource and around the Web. Today: More political pushback for Libra; Mastercard expands use of blockchain for supply chains; Meniga powers incentive marketing for climate causes; Swipe debuts its cryptcurrency wallet. Briefing

NYC Summit To Tackle Lack Of Influencer Regulation


The first Influencer Fraudnomics Summit in New York City on Tuesday (Sept. 17) will discuss the fraud problem stemming from influencer marketing.

Announcing Daily Fintech Conversations

Daily Fintech

Need to ‘voice’ and share your fintech insights with industry peers and experts? Look no further. Sign up to be part of Conversations today. Daily Fintech Conversations integrates our publishing and forum into a single platform.

Data-Driven Marketing 101

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