Thu.Jan 09, 2020

To 2020 … and beyond

Chris Skinner

Looking beyond 2020, there has been a rise of quite a number of folks looking to the longer-term future. Here’s the key ones I’ve picked up on so far. First is Royal Bank of Canada with their Imagine 2025 series. Quite an investment and lots of interviews and insights.

How to choose the right payment processor for your business

Mobile Payments Today

Payment processors can make running your business easier. But it’s up to you to make the right investment and select the one that will best suit your needs and make your customers happy

How To 257

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Amex moves closer to entering China’s $27 trillion market

Bank Innovation

American Express Co. cleared a key hurdle in its bid to accessing China’s $27 trillion payments market after the central bank accepted its application to start a bank card clearing business.

Big tech, the fintech challenge and the rise of the super app

Mobile Payments Today

As Big Tech encroaches upon banking, some of the leading app developers in the ride sharing and food delivery space are carving out a niche for themselves in financial services. The challenge posed by these companies could have profound implications for the future of payments

Intelligent Process Automation: Boosting Bots with AI and Machine Learning

Across all sectors, companies are learning that they can transform their businesses by embracing Intelligent Process Automation, or IPA. With the pairing of AI and RPA, IPA adds a new layer of intelligent decision-making processes to automated RPA tasks. By automating repetitive work, and adding the ability to automate intelligent decision making, intelligent automation frees up your most valuable resources – your employees – to spend more time on higher value and more strategic work. But in order to reap the rewards of Intelligent Process Automation, organizations must first educate themselves and prepare for the adoption of IPA. In our ebook, Intelligent Process Automation: Boosting Bots with AI and Machine Learning.

Things worth reading: 10th January 2020

Chris Skinner

Trends 222

More Trending

Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients.

Data 228

With $125m Series B, HighRadius to expand outreach to client banks

Bank Innovation

HighRadius, a startup which offers tools to automate the corporate invoicing process, has raised $125 million in Series B funding to grow its product suite and expand its international reach, the company confirmed this week.

Procurement AI Tackles The Drawbacks Of Sluggish ePayments Adoption

PYMNTS

Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. However, it’s no longer enough for solution providers to simply analyze corporate data.

Trends 205

Bank product development becomes a ‘game of thrones’

Bank Innovation

Look no further than Citigroup to catch a glimpse of the future of bank product development. In a revealing Meetup fireside chat yesterday evening, Alex Sion and Rachel Moore shared details on the inner workings of Citi’s internal innovation operation, known as D10X.

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!

Retail’s 2020 Digital-First Payments Roadmap

PYMNTS

Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age. And as payments are done in bits and bytes, across all manner of use cases, consumers prize convenience and personalization.

Retail 204

Inside Citi Ventures’ internal ‘shark tank’ D10X

Bank Innovation

Citi Ventures is known for its investments in such large startups as Plaid, Square and Betterment, but it’s also focused on building innovation and entrepreneurship inside the bank.

Are Virtual Cards The Future Of B2B Travel Payments?

PYMNTS

When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway , the goals were fairly big: create a virtual B2B travel payments solution that was faster, more secure and more transparent for buyers and suppliers.

Cards 198

Sceptics: Big numbers, tough crowd

Accenture

Accenture’s ground-breaking 2019 Global Financial Services Consumer Study has seen four mindsets emerge from the data: Pioneers, Sceptics, Traditionalists and Pragmatists. In this series of blog posts, we’ll look at each type in the Australian context.¹

Survey 195

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Barneys Employees Told Paychecks Stalled Due To Ransom Hacker

PYMNTS

A cyberattack is being blamed for holding up paychecks from the remaining staff at the beleaguered Barneys New York. A source told Page Six on Wednesday (Jan. 8), “No one got paid last week. We were told a group of cyber hackers took over one of our subsequent systems, the system we use to get paid.

BankBazaar Moneymood® Report 2020 : A Deep Dive

BankBazaar

Looking for trends in India’s personal finance market? Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar.

Metro 116

As Amazon Re-Enters High Fashion, New eChallenges Abound

PYMNTS

It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. Excuse the bad pun, but the fashion game looks ready to gain new energy this year, thanks to recent news involving Amazon.

Why would China soften its stance on U.S. payment firms?

Payments Source

China’s slow courting of U.S. payment companies made a tiny step forward this week, shortly after a similar gesture from the U.S. government that teases progress in the broader trade dispute. Compliance Network rules Payment processing China

US 106

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.

California Gig Decree Prompts Uber To Halt Upfront Pricing

PYMNTS

Uber is dropping upfront pricing in favor of estimates in response to the California gig economy law that took effect Jan 1. Reuters saw an email to riders and drivers on Wednesday (Jan.

How EU countries are using Brexit to lure U.K. fintechs

Payments Source

From Malta to Belgium, the past three years have served as something of a shopping market between payments-based fintechs seeking alternative jurisdictions through which they could still be licensed within the EU, and investment agencies hoping for a piece of their business.

Paytm Launches QR Code System For Multi-Platform Payments

PYMNTS

Indian financial firm Paytm will intensify efforts to become a major player in one of the world’s biggest payments markets, according to reports on Wednesday, Jan 8.

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Sharing intel is the best way to combat payment crime

Payments Source

Fraudsters can attack multiple individuals with the same scam, knowing that the details won’t be shared. Sharing the details of a scam takes that advantage away, says The ai Corporation's James Crawshaw. Payment fraud Risk management ISO and agent Payment processing Merchant

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Have Wheels, Will Heal — Medical’s Transportation Ecosystem?

PYMNTS

While there is no shortage of issues to be solved in the U.S.

Tragegy or strategy? The relevance of the past for competitive advantage

ATM Marketplace

Bátiz-Lazo, departmental chair in Business History and bank management at Bangor University, in Wales, discussed the importance of creating a competitive advantage

Bitcoin Daily: Oman Port Teams Up With Blockchain Platform Tradelens, Crypto Exchange Binance Adds New Fiat Options

PYMNTS

The largest port in Oman, the Port of Salalah, has joined the blockchain shipping platform TradeLens, in an effort to transform into a more digital friendly enterprise, according to a report Wednesday (Jan. 8) by Coindesk.

Video: Banks must publish faster and to higher standards

Bobsguide

While the regulatory wave that followed the financial crisis appears to have crested, financial institutions are still facing new challenges. Global and local regulators are demanding greater reporting integration across multiple business processes and faster reactions to change.

Video 120

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.