Fri.Nov 19, 2021

Agencies Approve Cybersecurity Notification Rule

PYMNTS

Federal bank regulatory agencies on Thursday (Nov. 18) approved a final rule that will streamline the sharing of information about cybersecurity threats and incidents that might affect the U.S. banking system, according to an announcement by the U.S. Office of the Comptroller of the Currency.

This Week in Fintech ending 19 November 2021

Daily Fintech

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

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Only 10% of Banks Support Crypto — Usually Bitcoin — for Cross-Border Deals

PYMNTS

Despite the availability of new payment options, many financial institutions (FIs) lag behind marketplace interest in cross-border payments innovations, especially when providing B2B access to cryptocurrency tools.

Two Bank Mergers and Its Effect on a State’s Economy

Banking Exchange

M&T’s merger with People’s United could potentially disrupt the state of Connecticut’s economy Community Banking M&A Management Feature The Economy Feature3. 1Community Banking

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

IRS Seizes $3.5B in Crypto in FY 2021

PYMNTS

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year.

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In Bid to Buy US Constitution, Dollars Dominate Crypto

PYMNTS

Yes, Nicolas Cage’s remunerative body of work is spotty. And there was his run-in with the IRS. But when his character in the 2004 film “National Treasure” found a secret map cleverly coded into the actual Declaration of Independence, it got a lot of people thinking.

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Examining ATM trends in 2021 and beyond

ATM Marketplace

Where are ATMs right now and where are they headed? Read more to find out

Morgan Stanley: Apple Car Will be a ‘Shared Service’

PYMNTS

Investment bank Morgan Stanley says Apple’s anticipated car will be the “ultimate EV bear case,” impacting stocks in other auto companies, according to published reports. But according to the bank’s auto analyst Adam Jonas, it won’t be a car that most people own. “We

Apple 250

Deals & Dollars: Crypto conglomerate raises $600M credit facility

BankInovation

Digital Currency Group is fundraising again, this time completing a debt capital raise that provided a credit facility of up to $600 million.

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Grubhub, Yandex to Bring Robot Delivery to University of Arizona

PYMNTS

Food ordering and delivery platform Grubhub is rolling out its services to the University of Arizona using Yandex Self-Driving Group’s delivery robots — also known as rovers — following a similar launch at Ohio State University in September, according to a press release.

New banks opening in Florida again. Are more needed?

American Banker

Community banking Growth strategies

Buy2Sell Expanding B2B in Vietnam with $28M Investment

PYMNTS

Vietnamese B2B eCommerce platform Buy2Sell on Friday (Nov. 19) announced its sales in the first half of the year have tripled year-over-year to $24.5 million, led by food, cosmetics, home appliances and other fast-moving consumer goods. .

Apple 245

Banks aim to improve gender diversity with homegrown talent

American Banker

Diversity and equality ESG Community banking Best Banks to Work For Women in Banking

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Today in Retail: Farfetch CEO Talks Reinventing Luxury Retail; Commerce Gets More Social

PYMNTS

In today’s top retail news, Farfetch CEO José Neves told analysts on a conference call that next year will be a critical moment for the company in its evolution beyond just a marketplace, while Meta is adding shopping capabilities to Facebook Groups.

Retail 245

Europe's neobanks find U.S. market tough to crack

American Banker

Digital banking

33% of Consumers Willing to Pay to Receive Instant Payouts

PYMNTS

Necessity, as they say, is the mother of invention. In the throes of the pandemic, and in the midst of economic upheaval and the need to cast social safety nets wide and far, disbursements made the leap – and are still making the leap – from paper-based payouts to digital conduits.

Simmons First advances regional goals with Texas deal

American Banker

Community banking M&A

Texas 66

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

Uber Rolls Out Bundled Memberships for Rides and Delivery

PYMNTS

Uber is introducing a new membership program that bundles rideshares, grocery and food delivery for a monthly fee in exchange for discounts and other perks, according to a press release. The $9.99 monthly Uber One membership, or $99.99

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Changing of the guard at a Northern California credit union

American Banker

Industry News Credit unions

Why Digital Payments Will be Faster, Better, Cheaper Tomorrow

PYMNTS

Considering the outsized role technology plays in virtually all manner of innovation today, it should come as no surprise that faster data and better analytics will do the same for payments and banking.

UiPath unveils on-premise solution

BankInovation

UiPath unveiled several its on-premise offering during its virtual conference Thursday and rolled out a number of updates, including increased support for citizen developer automation, more artificial intelligence (AI) capabilities, and automated security for bots.

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Merchant Education Key to Buy Now Pay Later Adoption in the UK

PYMNTS

Buy now, pay later (BNPL) has exploded in the wake of the pandemic as consumers embrace the freedom it gives them to make multiple interest-free installments. In the U.K.,

Cards 236

NCUA’s Shared Service Rule Is a Potential Game Changer

New York's State of Mind

Yesterday the NCUA gave final approval to a regulation that will make it easier for credit unions of all shapes and sizes to provide services to their members. In fact, it could be one of the most important regulations the NCUA has passed in years. Here’s why: Credit Unions across the country participate in shared […]. Compliance Regulatory technology NCUA Board shared branching Shared Branching Networks shared facilities USNet

BitPay Offering Black Friday Deals For Crypto Users 

PYMNTS

The cryptocurrency payments provider BitPay says it is offering an early holiday gift to Black Friday shoppers who prefer to pay in crypto. . The company announced Friday (Nov.

Amazon to ban Visa credit cards | Switzerland’s SIX Digital Exchange launches with Blockchain bond | NFT makers are trying to build the next Disney

Bussman Advisory

A Recruiter’s Guide To Hiring In 2021

With vaccination rates rising, consumers spending more money, and people returning to offices, the job market is going through a period of unprecedented adjustment. As the New York Times observed, “It’s a weird moment for the American economy.” And recruiting professionals are caught in the middle. To make the most of this disruption, you need to understand the economic drivers, develop a strong strategy for unearthing valuable talent, and use the latest tech tools to get the job done. Read this guide to get your recruiting practice ready to thrive in the new normal.