June, 2021

Banks Focus On Mobile Apps, SMB Software For FinTech Collaborations

PYMNTS

FinTech collaborations can help banks provide offerings that are more tailored to their small to medium-sized business (SMB) clients and speed the development of mobile applications.

How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Measuring Interest Rate Risk Can Vary by Institution Interest rate risk measurement plays a key role in ensuring an institution's safety and soundness. Would you like other articles on asset/liability management in your inbox?

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As Bank Branches Go Digital, How Do They Attract Customers?

Banking Exchange

Banks are having to reconsider the role physical branches play in a world of digitized customer experiences Retail Banking Financial Trends Feature Technology Customers People Performance Revenue Feature3 Tech Management Mobile Online. 1Retail Banking

The Digital Customer is Here to Stay – Five Principles to Keep Them Engaged

Accenture

In my first blog in this short series on how the behaviour of UK financial services customers has changed amid the pandemic, I looked at the way COVID-19 has accelerated consumers’ migration to digital banking services.

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.

Happy 7th Birthday Daily Fintech

Daily Fintech

7th Birthday is a big deal for a startup, because the data says it takes 7-10 years for startups to build real value.

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46 C-Suite Executives On The Irreversible Rise Of Digital Transformation

PYMNTS

“Gradually, then suddenly.” So goes Ernest Hemingway’s famous line from “The Sun Also Rises , ” in which a main character responds to an inquiry as to how it was that he had gone bankrupt.

eBook 286

Key Components of a Strong Sanctions Compliance Program

Abrigo

Create an effective sanctions program Considering the current economic and political environment, it is crucial that financial institutions maintain a strong sanctions compliance program (SCP). Would you like others articles like this in your inbox?

Nordic Banks Strike Deal To Merge Three Mobile Payments Apps

PYMNTS

Denmark-based Danske Bank , which operates MobilePay, has reached an agreement with OP Financial Group in Finland, which owns Pivo, and the Norwegian banks behind Vipps to merge their mobile payment services to become one of the biggest bank-owned mobile payment providers in Europe.

Mobile 285

How banks can build resilience against ransomware attacks now

Accenture

I’ve asked Michael Monday to co-author this blog post on ransomware. He specializes in cybersecurity in financial services as Accenture Security’s North America Banking Lead.

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!

As European Insurtech Surges, Learnings from a Maturing First Wave

Daily Fintech

In the first half of 2021, European insurtech start-ups surpassed the 2020 total capital invested by more than a billion dollars, nearing $1.9 billion at end of May.

Coinbase’s New Stablecoin Account Could Yield 50x More Than Traditional Savings Accounts

PYMNTS

DeFi, maybe – but in some respects, it looks a lot like traditional finance.

Beyond Open Banking Compliance: The Opportunity for Commercial Banks

Accenture

Following our article on 5 actions to enable Open Banking for business finance, we now consider how commercial banks can innovate their entire business model by using Open Banking frameworks to build a powerful ecosystem.

How to Expose the Hidden Crime: Elder Financial Exploitation

Abrigo

June is Elder Abuse Awareness Month June is Elder Abuse Awareness Month, and it’s a key time for institutions to reassess EFE red flags to prevent these crimes. Looking for more information on preventing Elder Financial Exploitation at your financial institution? Watch Webinar.

How To 195

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.

Banks Use Data To Serve Right Place, Right Time Insurance Offers To Consumers

PYMNTS

“It’s been exciting for us to watch the disruption within the insurance industry with respect to the advanced technology being offered through the InsurTech space,” Liz Sheehan , group vice president of Carrier and Product Management at Franklin Madison , told PYMNTS in an interview.

Data 251

Open Banking and CDR: The open data economy

Accenture

In our last post we discussed the different channel strategies banks can adopt when considering their place in the open banking ecosystem. We spoke about the opportunity this brings for banks to distribute their products through non-banks and for banks to distribute non-bank products.

Data 258

This Week in Fintech ending 4th June

Daily Fintech

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

IBanFirst, Klarna Debut Open Banking For X-Border B2B Payments

PYMNTS

Cross-border solution provider iBanFirst will roll out a new open banking service in partnership with Klarna , a Tuesday (June 29) press release said, which will streamline routine payment transactions and give a broad view of a corporation’s bank accounts.

Google 247

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!

How intelligent operations can help European banks prepare for the future

Accenture

In my conversations with banks over the last year, I’ve been asked three common questions: How can we achieve a better quality of service for our customers? How can we simplify our processes so that we can reduce costs and help customers find what they need quicker?

OFAC Sanctions: Lessons from Deutsche Bank

Abrigo

Real consequences from OFAC sanctions violations OFAC compliance has increased in complexity and clarity with guidance released within the past few years and institutions need to take notice to avoid penalties. Would you like others articles like this in your inbox?

Beachbody, Myx Fitness Going Public Via SPAC Merger

PYMNTS

The Beachbody Company Group is merging with connected fitness company Myx Fitness Holdings to go public via a collaboration with the special-purpose acquisition company (SPAC) Forest Road Acquisition Corp. to create a new health and wellness subscription service for the mass market. .

From Spend Management To Payroll, Commercial Cards Drive Innovation

PYMNTS

To help cater to the needs of businesses and the public sector, FinTechs are introducing new commercial card offerings with spend management and payroll functionalities. This week’s roundup of the latest innovation reveals some of the newest offerings. Monneo Launches Card For eCommerce Firms.

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.

A Wallet to Freedom

Daily Fintech

Let’s look at some activity in in the crypto wallet space for the last two, three months. Earlier this month, Jack Dorsey tweeted that Square is considering developing a crypto hardware wallet that would give users greater control over how they store and spend their bitcoin.

Merchants Go On Offense To Reimagine Fraud Prevention

PYMNTS

Benjamin Franklin famously said an ounce of prevention is worth a pound of cure, an insight gleaned from his experience founding the nation’s first volunteer fire department in Philadelphia in 1736.

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People will help banks win the race to the cloud

Accenture

Banking’s push to digital during the pandemic has placed tech in the spotlight. The power of the cloud has never been so clear. Accenture research shows that 49% of banks have moved a significant portion of their workloads to the cloud, compared with 33% of businesses across all industries.

3 Risks Asset/Liability Management (ALM) Addresses

Abrigo

Risks ALM Addresses Will Affect Performance and Strategy Asset/liability management models and processes address credit risk, liquidity risk, and interest rate risk. . Would you like other articles on ALM in your inbox?

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.