Sat.Jun 13, 2020 - Fri.Jun 19, 2020

Cyber fraud surges as COVID-19 changes banking, e-commerce

Mobile Payments Today

As millions of Americans have shifted their daily workplace and shopping to remote online networks and mobile devices, a new wave of cyber threats have emerged focused on targeting banks, e-commerce and other daily financial activities

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Robinhood’s sad story, sorry

Chris Skinner

I was sitting and thinking that I’ve been a bit negative in my recent posts. I don’t like being negative as I’m an optimist. So I determined that today I must write a cheerful story … whoops! failed.

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Did coronavirus permanently increase merchants’ transaction costs?

Payments Source

E-commerce sales boomed during the height of the coronavirus when consumers were stuck at home, and merchants had no choice but to accommodate the surge. But some retail industry observers are concerned about potential long-term costs from the pandemic.

New PPP 3508 Forgiveness Applications Include ‘EZ’ Form; No Blanket Forgiveness

Abrigo

Key Takeaways New PPP loan forgiveness applications are out from the SBA, including an EZ Form 3508 aimed at streamlining the process. Neither of the new forgiveness application forms nor revised guidance mentioned any kind of “blanket forgiveness” for PPP loans under a certain dollar amount.

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!

Digital regulators are a new norm in financial services

Accenture

Digital financial services are clearly impacting banks.

More Trending

Networld Media employees honor late founder Alan Fryrear

Mobile Payments Today

Alan Earl Fryrear, co-founder and chairman of Networld Media Group, died at the age of 81 on June 10, 2020

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PayID: Bid For Universal Payments — Or Crypto Legitimacy?

PYMNTS

Universality is, well, universally, desired in business — particularly when it comes to technology and especially when it comes to person-to-person (P2P) payments.

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Making Qualitative Adjustments and Stress Testing in Uncertain Economic Times

Abrigo

Key Takeaways The unpredictability of the economy has created questions around reporting losses. Without historical data to rely on, institutions can explain why it determined a forecast and provide support for that determination.

Is the whole system about to fail?

Chris Skinner

I’m a simple guy. I don’t trade or invest much. That may seem surprising for a FinTech guy, but most of what I’ve invested in seems to lose value. As a result, I collect rare comics instead as Batman, Spiderman and Ironman are forever.

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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.

Sustainable finance starts with data and technology

Accenture

At present, the lack of disclosure of environmental, social and governance (ESG) data by many corporations creates asymmetric information. Research from Accenture, Hermes and non-profit disclosure advocate CDP identified environmental risks with a combined potential impact of $699bn.

Visa, Facebook Link Up For Payments On WhatsApp

PYMNTS

Visa is working with Facebook so that consumers can fully use the new payments feature on WhatsApp in Brazil, the global digital payments giant announced on Monday (June 15). “As

How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies

Abrigo

Key Takeaways The Paycheck Protection Program (PPP) has been a critical foothold for community financial institutions seeking to obtain and diversify business lending relationships. The key to making the PPP a profitable investment is to deepen these relationships into strong business relationships.

The Finanser’s Week: 8th June 2020 – 14th June 2020

Chris Skinner

The main blog headlines are … Are banks too full of testosterone? There’s no logical reason for this, but I’ve decided the second week of June is women’s week. It’s a week to celebrate diversity, or the lack of diversity, in finance and technology.

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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.

10 Resource Saving Tactics While Finalizing PPPFA Workflow

Banker to Banker

This week is the first week banks could potentially take Paycheck Protection Program Forgiveness applications. However, most banks are holding off as we do not have a final application, due out this week.

TikTok’s ByteDance Bids For Singapore Banking Licence

PYMNTS

The owner of TikTok , the Chinese video sharing social network, is expanding into financial services with the family that owns OCBC Bank , the global financial services corporation headquartered in Singapore.

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Modernizing your lending platform? Here’s what you need to know.

Accenture

Change is hard—and as a species, we’re hard-wired to resist it. But as recent world events have shown us, change is inevitable. Financial services players of all sizes and specialties are choosing to be proactive in the face of change, by transforming their digital capabilities.

When is it safe to stop staying in?

Chris Skinner

Sitting at home, as usual, and thinking about life, I realised that my blogs were becoming far more personal and revealing than usual.

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Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

This Week in Fintech ending 19 June 2020

Daily Fintech

This weekly summary from our 7 experts, brings you insights based on their experience as investors, entrepreneurs & executives.

Celebrity Event Planner Colin Cowie On How ‘Hospertainment’ Can Save The Events Business

PYMNTS

It hasn’t been a good year for hospitality and events, with the pandemic shutting down travel, large gatherings, venues and the desire to be physically close to other people.

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Thank You, Dad!

BankBazaar

?. He was your first banker, first wealth manager, and first financial advisor. After all, your dad taught you the first thing about money. Say, “Thank you Dad”, this Father’s Day. Explore BankBazaar. The post Thank You, Dad!

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2020: No Vision (I thought we were an autonomous collective)

Chris Skinner

Like many, I’ve watched 2020 unfold with a mixture of shock and horror. It began with Australian bushfires followed rapidly by the coronavirus pandemic and now the Black Lives Matter demonstrations. My real shock was that there could be so many global demonstrations during a major global lockdown.

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How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”

The data on racial disparity in financial services

Payments Source

The murder of George Floyd shocked the national psyche to its core, spotlighting the persistent, systemic racism that exists in many American institutions, which continues to disenfranchise those who live within the Black community. Financial inclusion Payment processing Merchant Cash

Visa On How To Make Plastic Cards Sustainable

PYMNTS

Improving the world — and the environment — one (card present) transaction at a time. To that end, Visa said Tuesday (June 16) that it has joined with CPI Card Group to launch a card for Visa cardholders composed of up to 98 percent “upcycled” plastic.

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Happy Father’s Day!

BankBazaar

Want to surprise your dad with something special this year? Buy whatever you want with Credit Cards with instant approval and contactless KYC. Click the button below to explore. Explore Credit Cards. The post Happy Father’s Day!

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Things worth reading: 17th June 2020

Chris Skinner

Marketing Ops: The New Revenue Hero

As data continues to play a starring role in today’s B2B organizations, both marketing and sales operations professionals are poised to solidify their place as critical revenue drivers. In particular, the evolution of the Marketing Operations (Ops) role has created a new standard in marketing and has become a vital component of an organization’s success.