Mon.Oct 12, 2020

Pandemic and payments: another look

Matt Wilcox Pro

As if we need more reasons to long for the pandemic’s end There is no shortage of articles that, while acknowledging the horror that is the COVID-19 pandemic, observe or predict a resultant upswing in digital payments.

Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game


For most consumers, change is a funny thing. It can be almost impossible to get a consumer to let go of an ingrained habit under normal circumstances.

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Steering your journey to cloud with a few guiding principles


In my previous blog post, I drew on Accenture’s own cloud journey to examine the elements that make up an appropriate and effective cloud strategy. In this latest post, I shift the focus to the next stage: defining the guiding principles. Picture the scenario.

Revolut Likely To Apply For US Bank Charter


European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC.

5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.

How managed services bring flexible, scalable ‘Next-Gen efficiencies’


Financial services (FS) firms in the Middle East face a range of well-documented challenges. Some match those facing their peers elsewhere, while others (like the floundering oil price, a troubled real estate market and VAT changes) are more relevant to this region.

More Trending

Knock & iBuying in US Real Estate Fintech  

Daily Fintech

Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. The SPAC trend continues in the US and Chamath Palihapitiya is one of the leading investors with his IPOA, IPOB,… series.

Beautycounter Embraces D2C Innovation With Purpose


No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter.

Anti-Money Laundering: Value the Needs of a Safe and Productive Society Over Profit

Banking Exchange

This past weekend, a bombshell report found that major global banks have “defied money laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks." Compliance AML & Fraud BSA/AML Compliance Management Compliance/Regulatory Feature3 Feature.

Amazon’s New AR App Synchs With QR Codes On Shipping Boxes


Amazon is introducing a new QR-code-based augmented reality (AR) experience to help bring interactive and shared experiences for a mobile user, according to Apple's App Store listing.

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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!

5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack

Banking Exchange

Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end Mortgage Credit Mortgage Mortgage Compliance Mortgage/CRE Residential Commercial Technology Feature3 Feature. 1Mortgage/CRE

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition


There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all.

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How COVID-19 and Tokenization Can Transform the Financial Sector

Banking Exchange

The pandemic has acted as a catalyst for positive change such as the shift towards digitization and cashless payments or ecommerce, which in the long run may benefit Small and Medium-sized Enterprises (SMEs) Community Banking PPP Covid19 The Economy Feature Technology Lines of Business Retail Banking Feature3. 1Community Banking

Microsoft Joins Offensive Against Major Botnet


Microsoft Corp. is well-known for making products to defend computers that run its software from attacks, but on Monday (Oct. 12) the company announced that it led a major offensive operation against one of the world's most notorious botnets.

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The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

The Contrasting Fortunes of Citigroup and Morgan Stanley

Banking Exchange

The two financial services giants were hit with huge regulatory penalties in the past few days, but Moody’s believes their prospects are very different Compliance Feature3 Feature Compliance Management Compliance/Regulatory Risk Management. 1Compliance

Simplifying The B2B Cybersecurity Shopping Experience


With over 5,000 cybersecurity vendors in the U.S. vying to meet the needs of virtually every type — and size — of business, the process of selecting the right provider to protect firms’ digital assets can be daunting.

Eastern Bank Prepares for $1.8B IPO

Banking Exchange

The US’s oldest mutual bank is going public on the Nasdaq market as of October 14 Management M&A Feature Feature3. 1Management

Using Digital To Change How Healthcare Research Gets Done


The entire healthcare system has gone from emergency mode to a new normal in just months, after COVID-19 disrupted supply chains, customer care, communications and even the ability to go into work, CEO Lance Hill of patient-engagement platform Within3 told PYMNTS in a recent conversation.

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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.

Cash's lockdown hurts financial inclusion

Payments Source

Many consumers around the world rely on cash-based payments, even when shopping online, says PPRO's Steve Villegas. Latin America Digital payments Africa Financial inclusion Cash

FinTech N26 Mulls New Funding Round


Just months after a fundraising round that left the company's value at $3.5 billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct.

How a Global Pandemic Will Affect Non-Cash Payments

Banking Exchange

Contactless and digital payments are set to experience significant growth in the coming years Payments Feature3 Feature Covid19. 1Payments

Chase Launches Free Checking Account For Kids, Teens


A new checking account from Chase will aid children in getting a head start on banking, a press release says. With Chase First Banking, built in collaboration with Greenlight, parents and kids will be able to work on managing allowances, check off chores and look at spending, the release says.

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Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

Left feeling unsettled: what are settlement failures, how prevalent are they, and what do we do about them?


Gary Harper, Pedro Gurrola-Perez and Jieshuang He What is a settlement fail? Imagine you’ve booked tickets for a flight, and go to pick them up and pay for them on the day. You arrive at the airport but find out the airline has overbooked, and already given your ticket away.

Disney To Create Central Organization Focused On Content Streaming


Disney is restructuring part of its business to focus on video streaming, which is becoming increasingly popular, CNBC reported. The company said Monday (Oct.

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Bank of America debuts treasury APIs for payments, data exchange


Bank of America has launched three new APIs to support real-time information exchange and processing in corporate treasury, Tom Durkin, global product head for CashPro, the bank’s technology suite for companies, told Bank Innovation.

What The Great Time Revolution Means For Consumers


The “ Mighty Thor ” was a household game-changer in 1908. Invented by Alva John Fisher , Thor was the first electric washing machine to be mass-produced and sold. Until its debut, washing clothes was a tedious, time-consuming and very manual chore. Image source: [link].

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.