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 285

Cities work to bring fintech to underserved communities

Payments Source

Fintech Financial inclusion

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 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?

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A clear-eyed approach to the data dilemma in sustainable banking

Accenture

In my last blog post, I outlined the challenges and opportunities ahead for sustainable banking. With this post, I’m joined by my colleague Prithika Priyanshi, Senior Principal from the Center for Data & Insights at Accenture, who specializes in AI-powered sustainability.

Data 318

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.

How Bank-FinTech Pairings Benefit FIs, Not Just SMBs

PYMNTS

When it comes to collaboration between banks and FinTechs, the value proposition is often just as important for the bank as it is for the small business end-user.

Fintechs and crypto pose a creative threat to traditional banking

Payments Source

Banking Fintech Digital payments Cryptocurrencies

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 26th May.

Daily Fintech

Stablecoins will strengthen the US Dollar as a reserve currency! Here is our pick of the 3 most important Stablecoin news stories during the week.

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.

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.

Dubai Debuts Own Cryptocurrency Valued At $0.17 Per Coin

PYMNTS

Dubai is debuting a digital currency called DubaiCoin with an international starting price of $0.17 per coin, according to a press release. Consumers can use DubaiCoin to pay for goods and services, both online or in person, the release stated.

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.

Crypto Surge Eclipses ‘Real’ Economy As Coinbase Readies Earnings

PYMNTS

There’s no surer sign of frenzy than when traders bid up prices of imaginary things to eclipse stalwarts of the real economy — the Fords of the world, the Visas, the JPMorgans.

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

Payments Source

Remittances Retailers Earnings Walmart Western Union MoneyGram

Retail 165

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 283

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.

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!

WallStreetBets Rolls Out Blockchain-Fueled App With ‘Exchange-Traded Portfolios’

PYMNTS

WallStreetBets, whose community became famous by short squeezing GameStop stock by working together on social media platforms like Reddit, has launched a blockchain powered application to “decentralize indices,” according to an announcement.

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 282

Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins

PYMNTS

Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online.

The Most Influential Women in Payments: Next

Payments Source

Women in Payments

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.

Andreessen Horowitz Considers $1 Billion Crypto Investment Fund

PYMNTS

Andreessen Horowitz , one of the highest-profile Silicon Valley venture capital firms, will be looking at a new investment fund for investing in cryptocurrency, which could go up to $1 billion, the Financial Times (FT) reported.

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.

Crumbl Cookies Drives Digital Orders With Social-First Design

PYMNTS

The online food delivery market is growing rapidly. Before the pandemic, it was projected to hit $365 billion globally in 2030. Since then, the trend has only accelerated, with COVID-19 supercharging digital orders.

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.

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!