Fri.Jun 18, 2021

Wegmans Database Breach Exposed User Information

PYMNTS

Wegmans Food Markets were hit with a database breach that exposed customers’ information — name, address, email, birth date — but no social security numbers or financial information. .

This Week in Fintech ending 18 June 2021

Daily Fintech

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

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Report: Goldman Starts Trading Bitcoin Futures With Galaxy Digital

PYMNTS

Goldman Sachs has commenced trading bitcoin futures with the help of Galaxy Digital in a move that advances the investment bank’s efforts to assist hedge funds and different sizable institutional customers with betting on bitcoin, CNBC reported.

Is your ATM experience seamless?

ATM Marketplace

Customers' expectations have changed dramatically these past few years. They now expect seamless experiences across all channels. Can your ATM keep up with this demand

ATM 74

Payment Optimization & PCI Solutions: Combining Offense and Defense With a Single Provider

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security and Matt Doka, Co-Founder and CTO of Fivestars

In this webinar, our esteemed panelists will discuss using Zero Data as the defense and payment optimization as the offense. A startup will have a well-rounded security approach that enables them to get to market sooner, grow their business faster, and minimize costs for both security and compliance.

PayPal Boosts Rates Charged To Merchant Partners

PYMNTS

PayPal is increasing the rates it charges businesses on its platform in a move to accentuate its value over its competitors and emphasize the benefits it provides, according to a press release on Friday (June 18).

Online 173

More Trending

Apple Watches, Open Banking, Selfie IDs Top This Week’s News

PYMNTS

In this week’s news, we saw a report on future enhancements to the Apple Watch. Also, new insights have emerged on open banking and Selfie IDs. The Weekender is here to catch you up. Future Apple Watches Could Monitor Body Temp, Blood Sugar.

Apple 158

FHA eases path to homeownership for borrowers with student debt

American Banker

Purchase Student loans FHA Originations Underwriting

58

eCommerce Software Platform VTEX Plans Potential IPO

PYMNTS

The Brazilian eCommerce software provider VTEX has chosen banks to handle a potential initial public offering, Bloomberg News reported Friday. VTEX, which is backed by SoftBank Group Corp, will work with J.P. Morgan Chase & Co.

OCC, states declare ceasefire in fintech charter case. Will it hold?

American Banker

CSBS OCC Licenses and charters Fintech regulations

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Amex: Traditional AP/AR Doesn’t Work For SMBs Any More

PYMNTS

Businesses making late payments aren’t new, nor is the resulting threat to cash flow for small- and midsized business (SMB) buyers and suppliers.

Cards 158

Sterling Bancorp’s AI assistant tackles half of customer calls

American Banker

Artificial intelligence Virtual assistants

54

EU Antitrust Lawmakers Mull Formal Probe Into Google's Digital Ad Unit 

PYMNTS

European Union (EU) antitrust regulators are considering a formal investigation into Google’s advertising business before 2021 closes out, Reuters reported , citing sources. .

Google 151

Updated COVID Guidance To Which Your Credit Unions Should Pay Attention

New York's State of Mind

On June 10th, OSHA published updated guidance called for by the Biden administration intended as general workplace recommendations for employers and industries not subject to specific OSHA mandates. The most important line in the document is that “Unless otherwise required by federal, state, local, tribal, or territorial laws, rules, and regulations, most employers no longer […]. Compliance COVID-19 New York State hero act June 10th Guidance OSHA

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

7 In 10 Mister Car Wash Customers Are Subscribers, IPO Filing Shows

PYMNTS

Now that’s a lot of soap and polish. . All manner of companies are debuting on various U.S. exchanges, with anticipation, perhaps, continuation of the economic “snapback” — and that consumers will continue to spend. In this case, they’d be spending to keep their new autos in fine fettle.

Infrastructure fintechs close notable funding rounds this week 

BankInovation

This week, investors looked to infrastructure fintechs for new funding opportunities, with interest once again on a Latin American fintech. Here are Bank Automation News’ highlights.

India’s Paytm Plans $3 Billion IPO At Minimum $25 Billion Valuation

PYMNTS

Indian payments platform Paytm is planning an initial public offering (IPO) with plans to raise $3 billion at an estimated $29 billion, a listing that is expected to be the biggest in the country, Financial Times (FT) reported , citing sources. .

Weekly Wrap: China pushes U.S. to take central bank digital currency seriously

BankInovation

This week, Bank Automation News delves into a House committee’s inquiry into a potential central bank digital currency (CBDC), and explored China’s role in prompting the U.S. to explore a CBDC, as well as the U.S. hesitancy to adopt digital currency.

US 52

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

PYMNTS Data Brief: 100 Percent Of Smartphone-Centric Shifters Stick To Mobile Ordering

PYMNTS

There’s no scarcity of speculation about the fortunes of the mobile order-ahead (MOA) sector as masks come off and restrictions vanish. Turning instead to hard data, PYMNTS researchers find it’s superconnected consumers that MOA-reliant restaurants can count on going forward.

Mobile 141

5 questions with … Mission Lane’s executive team

BankInovation

Mission Lane was founded in 2018 with the idea of expanding access to credit cards to users with limited or spotty credit history, and has acquired over 1 million customers since that time.

Delta Galil Will Produce Adidas Underwear Collection For DTC Sale

PYMNTS

Delta Galil will design, produce and distribute men’s and women’s underwear collections under the Adidas ’ Originals and Badge of Sport brands, according to a Friday (June 18) announcement.

AI-driven hedge fund rules out Bitcoin for lack of ‘fundamentals’

BankInovation

A Swedish hedge fund that returned roughly four times the industry average last year using artificial intelligence won’t touch Bitcoin, based on an assessment that the cryptocurrency doesn’t lend itself to sensible analysis.

How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.

Emerging Challenges And Opportunities In Retail

PYMNTS

Honest Company is facing challenges such as increasing costs and falling diaper sales on the heels of its initial public offering (IPO).

Retail 141

In battle for talent, small credit union matches big-bank wages

American Banker

Credit unions Industry salaries

South Africa’s Payment24 Launches FastLane System; Like EZ Pass At The Gas Pump

PYMNTS

Payment24, a fuel payment solutions provider based in Cape Town, is rolling out a new touchless tech that could forever change the way we pay for gasoline.

System 141

FHA eases path to homeownership for borrowers with student debt

American Banker

Purchase Student loans FHA Originations Underwriting

50

4 Data-Driven Steps To Drive Successful B2B Demand Generation

Fact: Good data lives at the core of every successful B2B demand generation strategy. Without quality data, it’s nearly impossible to identify and segment your target audience and create messaging that speaks to their values and interests. Whether you’re stepping into a new position or you’re new to demand generation, learning the tricks of the trade can be, well, tricky. In this eBook, you’ll discover how to improve your demand generation program—and your bottom line.