May, 2021

Managing Financial Risk in a Post-Pandemic Environment

Abrigo

Align inputs, outputs, and teams for risk optimization. How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. WATCH ON-DEMAND.

How to Build Future-Ready, Intelligent Operations That Drive Customer Experience and Faster Growth

Accenture

In my first blog on the future of banking operations in a post COVID-19 world, I examined why banks must reduce their operational costs dramatically just to stand still.

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Is AR/VR Finally Ready For Prime Time — And In Retail?

PYMNTS

When Facebook first purchased VR headset firm Oculus Rift in 2014 reactions were mixed. Some wrote the purchase off as Facebook’s then 29-year-old CEO making a multiple billion-dollar purchase of an extremely technologically advanced video gaming system.

Retail 260

MoneyGram braces as Western Union joins it under Walmart's roof

Payments Source

Remittances Retailers Earnings Walmart Western Union MoneyGram

Retail 166

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Memorial Day: Remember Maurice "Maury" Hukill

Jeff For Banks

In 1975, a bloody civil war erupted in the country of Lebanon between Palestinian and other Muslim guerrillas and Christian groups. During the ensuing years, Syrian, Israeli and United Nations interventions failed to resolve the factional fighting and the resulting instability and bloodshed.

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Assessing Global Cash Flow Post Pandemic

Abrigo

The What, When, and How of Global Cash Flow While many institutions have already implemented global cash flow, are they using it effectively in the post-pandemic world? You might also like this webinar on assessing global cash flow. WATCH.

Five reasons the cloud is a generational opportunity for payments right now

Accenture

The power of the cloud shouldn’t be news for any leader in payments today. Whether public, private, or hybrid, the cloud’s capabilities are widely known and beyond dispute. But cloud transformation is newly urgent.

JPMorgan’s Jamie Dimon Urges Cryptocurrency Governance

PYMNTS

Jamie Dimon , chairman and CEO of J.P. Morgan Chase , said he believes that it’s time for cryptocurrency oversight and told the Investment Company Institute (ICI) that a managerial framework should be instituted, etf.com reported.

The Most Influential Women in Payments: Next

Payments Source

Women in Payments

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!

Why did Elon slam the brakes on bitcoin?

Daily Fintech

In a single tweet, Elon Musk made bitcoin go into a free fall. The announcement caused the price of bitcoin drop by more than 10% and the cryptocurrency market to lose $365 billion. Apparently, bitcoin is not green enough.

Three innovative solutions shaping the future of the banking industry

Accenture

The Efma-Accenture Banking Innovation Awards are always a highlight of the year for me—and 2021 promises to be one of the most exciting competitions yet.

What Basic Functions Should My Loan Origination System (LOS) Perform?

Abrigo

Features of a Commercial LOS What basic functions should a loan origination system complete? What should an LOS vendor provide? . You might also like this Aite Group report on LOS vendors. DOWNLOAD.

System 195

Introducing The Altimeter, an inside guide to banking in the cloud

Accenture

As the Covid-19 pandemic abates in much of the world, banks are doubling down on their efforts to embrace banking in the cloud. The pandemic highlighted the relative ease and flexibility of moving to the cloud, and of accomplishing things never before imagined.

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

Porsche Debuts In-Car Parking, Pay Option In Australia

PYMNTS

Porsche drivers in Australia now have new options when parking in Melbourne, NFCW reported.

Google 273

Fintechs and crypto pose a creative threat to traditional banking

Payments Source

Banking Fintech Digital payments Cryptocurrencies

This Week in Fintech ending 28 May 2021

Daily Fintech

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

Are you empowering relationship managers to serve digitally savvy commercial banking clients?

Accenture

The other day I was chatting with an executive at a major UK commercial bank. And they made an observation that echoed many of their counterparts in other institutions. “I I don’t want us to spend the next two years simply dealing with the aftermath of the pandemic,” they explained.

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.

Safaricom Explores Using Its Mobile Payments Service On Amazon

PYMNTS

Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon ’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s global expansion efforts to recover from its first profit decline in 10 years, according to the report. “M-Pesa

Mobile 267

IBM Debuts Cloud, AI Services In Bid To Modernize Business

PYMNTS

IBM is rolling out new advances in artificial intelligence (AI), hybrid cloud and quantum computing, which will help “its clients and partners accelerate their digital transformations, return to work smarter and build strategic ecosystems that can drive better business outcomes,” according to a press release.

Boston 268

The Rise of Ransomware as a Service

PYMNTS

After years of forecasts of such an event, cybercriminals finally grabbed a vital piece of in infrastructure that they are refusing to unhand until someone pays them. The cybercrime gang known as DarkSide has reportedly shut down a vital U.S.

US 264

How e-commerce can grow in Germany's cash-heavy economy

Payments Source

Online payments Digital payments Germany Cash

Online 131

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

XBRL News from the UK, Ukraine and racing horses

Daily Fintech

Here is our pick of the 3 most important XBRL news stories from the last week. 1 Choppy waters or smooth sailing?

Open Banking and CDR: How to adapt your channel strategy

Accenture

In our last post, we ran through some of the monetisation options available to banks as they begin to look beyond compliance with the Consumer Data Right (CDR) to imagine their strategic role in the new open-data economy. Since that post, CDR has progressed significantly.

European Payment Initiative Looking To Topple US FinTechs

PYMNTS

The European Payment Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. FinTechs and payments companies, Financial Times (FT) reported on Monday (May 3).

US 261

Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’

PYMNTS

In Africa , the pandemic has spurred consumers to make the move to online platforms, and as part of that move, transact digitally with their devices.

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.