July, 2021

It’s Back to the Future for Payments

Accenture

This blog is based on my keynote presentation at the 2021 Payments Canada SUMMIT Payments leaders probably feel like they are living in the future right now. The pandemic changed the industry forever. Digital adoption has exploded across all age groups.

Justice for Victims of Human Trafficking – One Transaction at a Time

Abrigo

Identify Human Trafficking via Transactions Banking professionals run across many types of transactions pointing to human trafficking. Here are tips to spot them from Love Never Fails Founder Vanessa Russell. You might also like this webinar: "Human Trafficking - Close to Home" WATCH .

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Ripple Teams With SBI Remit For On-demand Liquidity In Japan

PYMNTS

Cryptocurrency and digital payments network Ripple is collaborating with remittance company SBI Remit , as well as Coins.ph , to introduce an on-demand liquidity (ODL) service in Japan. SBI Remit is among the biggest money transfer companies in Japan. Coins.ph

Fintech on Fire: Deals to Watch

Gonzobanker

The fintech market is smokin’ hot right now. But is it headed into a warm, steady burn, or will it end up as a dumpster fire? After a year in lockdown where consumers and investors saw Zoom stock zooming, investors are flush with cash (or stock) at the ready.

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.

XBRL News about sustainability reporting, implicit reporting and NFTs

Daily Fintech

Here is our pick of the 3 most important XBRL news stories from the last week.

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More Trending

How the cloud can transform people practices in banking

Accenture

The power of the cloud is not new for banks. But we are rapidly approaching a tipping point in the industry’s adoption of the cloud, spurred partly by the digital acceleration caused by the pandemic. Nearly every bank has adopted the cloud in some form, or are planning to get there soon.

Amazon Interest In Crypto Increasing With New Job Posting

PYMNTS

A recent job posting by Amazon seeking a digital currency and blockchain expert for its payments team means the company could be moving closer to allowing users to pay for their purchases with bitcoin and other cryptocurrencies.

EU’s AI Law Will Have ‘Chilling’ $36B Impact, Study Says

PYMNTS

New legislation in Europe aimed at regulating the use of artificial intelligence (AI) could cost the region’s economy $36 billion (or 31 billion euros) over the next five years, a report from the Center for Data Innovation concludes.

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Visa Seals £700M Deal For Acquisition Of Currencycloud

PYMNTS

Visa signed a £700 million deal to acquire the B2B cross-border payments firm Currencycloud in an effort to advance money movement around the world. The deal builds on the strategic partnership the two companies already have in place.

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.

Stablecoin News for the week ending Wednesday 28th July.

Daily Fintech

Stablecoins are spooky! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw a lot of talk from regulators about what we should be scared about, but it remains unclear if and what they will ever do.

AI Makes A Play Into Pranks

PYMNTS

Here at PYMNTS over the last few years, we’ve had no shortage of things to write about artificial intelligence (AI) and machine learning — and the many wondrous contributions these technologies can make to ensure that our payments and commerce experiences are safer, smoother and more customized.

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Can payments data help bridge the tax gap?

Accenture

Historically speaking, taxes have been taxing. This is more than a silly joke—though I will grant that it’s also that. Since the inception of taxes, the payment and collection of them has been filled to the brim with delays, hassles, and needless complications.

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How AI And Digital Identity Verification Can Secure The Telehealth Age

PYMNTS

The healthcare industry experienced sweeping changes in 2020 as medical providers worked on overdrive to fulfill the needs of both patients visiting physical hospitals or clinics and those tapping telehealth services in unprecedented numbers.

Reaching Unreachable Candidates

Speaker: Patrick Dempsey and Andrew Erpelding of ZoomInfo

What is ZoomInfo for Recruiters? Find and connect with the right talent to fill roles fast with more data, basic search, advanced search, candidate and company profiles, and export results. Watch this On-Demand Webinar today to see how ZoomInfo for Recruiters can work to get your talented candidates results.

Bitcoin Daily: Binance Shut Out Of Italy; PayPal Raises Cryptocurrency Limits

PYMNTS

Binance , which has come under fire for its compliance standards in recent weeks, has been shut out of activity in Italy now, according to that country’s market watchdog, Consob , Reuters reported.

'Death By A Thousand FinTech Cuts' Is A Risk Big Banks Cannot Ignore Forever

PYMNTS

It will be a big week for bank earnings data as JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Wells Fargo, Morgan Stanley and U.S. Bancorp will all be releasing their Q2 earnings reports. And, according to reports, expectations are high for a bottom-line bounce.

API-led Platform businesses rising – Swiss Re’s iptiQ in focus

Daily Fintech

Digital ecosystems, orchestrated by powerful platform businesses and crisscrossing traditional industry sectors, are estimated to top 30% of global economic activity by 2025. While Amazon, Google, Alibaba, Tencent are early pioneers, others are shaping up across strata, in B2B as well as B2C.

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From Ban To Fan: India Mulls Possible U-Turn On Cryptocurrencies

PYMNTS

The shot may have been fired across the bow for bitcoin-as-currency just a few weeks ago. El Salvador became the first country to accept the marquee cryptocurrency Bitcoin as legal tender.

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!

Accelerate your bank’s cloud transformation with the three As

Accenture

Banks around the world right now are racing to the cloud. Are the winners of the race already too far ahead to catch? In my previous posts in this series, we’ve looked at the forces driving most banks to kick their cloud transformation journeys into high gear.

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points

PYMNTS

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border transactions.

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Mastercard Teams With Lloyds Bank For Open Banking API

PYMNTS

Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their bank accounts.

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New Ukraine Legislation Lists CBDC As Cash Equivalent

PYMNTS

New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment tools, Coindesk reported on Thursday (July 1).

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.

10 reasons El Salvador President made the right call on Bitcoin at the right time 

Daily Fintech

Nayib Bukele is the telegenic young (born 1981) 46th President of El Salvador who came to office on 1 June 2019 and announced the stunning move to make Bitcoin legal tender on 25 June 2021 (to take effect on 7 September).

MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth

PYMNTS

Global money transfer firm MoneyGram posted second-quarter results with total revenue of $329.3 million, a sign that its digital-first efforts paid off as online transactions led the way in most parts of the world.

Empathetic banking: Human touch, digital reach

Accenture

Human touch, digital reach As I write this, parts of the world are slowly returning to a new version of normal. But many of us are still experiencing, or are in recovery from, the massive upheaval brought about by COVID-19.

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Cybereason Nets $275M In Crossover Financing For Its Anti-Ransomware Solutions

PYMNTS

Cybereason , which can help prevent cyberattacks, is the recipient of a $275 million investment from crossover funding, according to a company press release. The funding was led by Liberty Strategic Capital.

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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!