Sat.Nov 07, 2020 - Fri.Nov 13, 2020

An Open Road For Open Banking?

PYMNTS

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Increasingly, open banking will underpin that collaboration.

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Working With Borrowers Hit Hard by Financial Hardship

SWBC's LenderHub

It’s been a tough year for millions of families. The coronavirus and subsequent social distancing measures put in place to help slow the spread of the disease caused major disruptions across nearly all industries in 2020.

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The benefits of Click to Pay

Mobile Payments Today

Jed Danbury, vice president at Computop, a global payments service provider, explains the benefits of using Click to Pay

How to determine cloud strategy and get the most value

Accenture

In my previous post, I wrote about the changing dynamics in the cloud conversation. But a conversation is just that—a conversation. It’s meaningless if banks don’t take action. In this post, I will outline the considerations for a successful cloud strategy, potential value and overall challenges.

5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.

Visa Unveils FinTech Partnership Program In Europe

PYMNTS

Visa is rolling out a new initiative aimed at connecting European financial institutions and merchants with cutting-edge digital payments services.

More Trending

Customer Experience 4.0 Master Series: Transforming The Future of Retail Banking

Mobile Payments Today

This e-learning series is designed to help traditional transaction-focused banks effectively harnesses the power of transformation to build an ideal customer experience for their retail network

Digital power for middle market banks

Accenture

When it comes to digital, middle market banks want what the big banks have. But they assume it’s out of reach. The refrain I hear from leaders goes something like this: “I’d love to be more digital, but we don’t have a big bank sized technology budget.” Banks go so far down the rabbit hole….

Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit

PYMNTS

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. “It’s

FinCEN Reissues Real Estate Geographic Targeting Orders: What does this mean for you?

Abrigo

Key Takeaways FinCEN reissued their Geographic Targeting Orders (GTO) that were originally issued in May 2020. The purchase price of residential real estate under this GTO remains at $300,000. Real estate lending BSA training should include GTO guidance.

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!

Tropical Smoothie Café releases a new app and shares its secrets of success

Mobile Payments Today

Mobile Payments Today interviewed Tropical Smoothie Cafe's chief information and digital officer, Michael Lapid, to get his thoughts and insight on how the company he joined a year ago is faring and how the company’s newly released app is being received by consumers

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Staging Ground: How Hong Kong could propel China’s fintech exports

Accenture

Hong Kong could have a major role to play in supporting the overseas expansion of China’s fintech giants. The growth of China’s fintech giants in their domestic market has, until recently, been relatively unfettered by regulatory constraints.

Walmart Boosts Store Hours, Rolls Out Phase 2 Of Black Friday Deals

PYMNTS

Walmart is extending most of its stores’ hours beginning Saturday (Nov. 14) – adding an hour or more of shopping time just in time for the holiday season. The retail giant disclosed via Twitter that it plans to keep most Walmart and Neighborhood Market locations open from 7 a.m. to 11 p.m.

A New Skill For Bankers - Selling, Leading, and Learning Remotely

Banker to Banker

Being able to adapt and pivot is the hallmark of success in 2020. There are many new skills that we picked up, how to work various video conferencing applications, how to do remote check-ins, and, of course, how to run your entire bank from your home dining room table.

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Loan Admin 101 – Effective Loan Administration Crucial in Pandemic Era

Abrigo

Key Takeaways Effective loan administration will protect margins and balance sheets at banks and credit unions as they handle the effects of the pandemic-induced economic crisis. Sound loan administration software or systems will generate accurate, timely information in a secure environment.

Tech providers target billing speed to fix ailing health care payments

Payments Source

The everyday occurrence of patients leaving medical appointments or hospital stays with no idea what their insurance will cover, what they owe or what payment options exist would change dramatically if health care facilities turn to technology that delivers accurate billing at checkout.

COVID-19 Breathes New Life Into QR Codes

PYMNTS

Up until recently, QR might have been an acronym for: Quaint Relic. In the United States, anyway. The QR code is shorthand for the “quick response” barcode that was first designed in 1994, and which initially surfaced in Japan.

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Why Banks Are Loosening CRE Underwriting Standards During A Pandemic

Banker to Banker

It may seem counter-intuitive, but many banks are loosening CRE underwriting standards instead of continuing to tighten them. With a new presidential administration, it is likely that we will face more stringent pandemic mitigations in the near future.

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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.

The Importance of Building Trust & Credibility with the Modern Member

Strategically Speaking

First things first, I want to level with you. I’m a … Millennial. Need proof? I’m glued to my smartphone. I expect instant and convenient everything. I think anything over a two-day shipping timeframe is unacceptable. I met my husband on a dating app.

Amazon mixes debit rewards, future work to entice gig drivers

Payments Source

Ahead of a holiday shopping season that should focus heavily on e-commerce, Amazon is updating its rewards program to keep delivery drivers interested in handling its packages. Amazon Debit cards Gig economy Loyalty and rewards

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Banking-As-A-Service (BaaS) Making Payments Faster And ‘Smarter’

PYMNTS

Several narratives have emerged from this pandemic. First has been the focus on digital transformation that essentially saved the economy during lockdowns. Another related theme is the need for legacy core banking systems to upgrade in ways that don’t protract disruptions.

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XBRL News about regtech, mostly (ESEF, UK, HK)

Daily Fintech

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

Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

The future of money

ATM Marketplace

What is the future of money? ATM Marketplace interviewed William Budde, Vice President, Product Marketing for Hyosung America to hear his insights and the company’s ideas on future of money

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As Brazil debuts PIX faster payments, QR codes glue its many use cases together

Payments Source

Brazil aims to move beyond the era of cash payments on Monday, when the Banco Central do Brasil launches the Brazil Instant Payment System. Brazil Mobile payments Digital payments Faster payments Mobile wallets

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ECB’s Lagarde Says Digital Euro Could Launch In 2 To 4 Years

PYMNTS

Christine Lagarde , European Central Bank (ECB) president, said the ECB could make its own digital currency within a few years, which could change up the eurozone financial sector drastically, Bloomberg reported.

Future At Lloyds: Digital Blueprint for a 330 Year Old Exchange

Daily Fintech

In Sep 2019, Lloyds of London published their vision for the Future at Lloyds (FAL) as Blueprint One.

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.