Sat.Oct 09, 2021 - Fri.Oct 15, 2021

Ripple Joins Nonprofit Focused on Creating Digital Pound

PYMNTS

Blockchain solutions provider Ripple has joined the Digital Pound Foundation, a nonprofit focused on the creation and implementation of a digital pound in the United Kingdom, according to a Thursday (Oct. 14) press release.

Bitcoin stronger than ever

Daily Fintech

Bitcoin hit $55,000 for the first time since mid-May, as cryptocurrency prices continue to rise in October. Bitcoin exceeded $55,833 according to Coinmarketcap on Friday. Ilias Louis Hatzis is the founder and CEO at Kryptonio wallet.

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Q2 2021 US card issuer earnings commentary

Accenture

Credit Card Receivables & Purchase Volume YoY Growth: 2Q21 Earning call commentary Growth “We’ve ramped up our acquisition engine. We’re pleased to see overall acquisitions of proprietary cards, which include our co-brands, increased to 2.4 million new cards acquired in the quarter.”–

Cards 222

Your Top 3 Loan Growth Challenges – Solved

Strategically Speaking

Eighteen months ago, few could have imagined the changes to our world that would occur in 2020 and 2021. The pandemic brought the most significant challenge the global economy since the great recession.

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

Nigerian Payments Startup Flutterwave Seeks New Funding at $3B Valuation

PYMNTS

Nigerian cross-border payments startup Flutterwave is putting its feelers out for a new round of funding at a minimum valuation of $3 billion, about triple its last value, per news reports that cited unnamed sources.

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How equipment finance can take advantage of servitization

Accenture

In the past two weeks, I’ve had the opportunity to go to two college football games, FSU vs. Syracuse and Wisconsin vs. Notre Dame. Both were good games for someone, just not for both of my teams. Regardless, it made me think about outcomes and expectations.

Market Commentary: Week of October 11, 2021

SWBC's LenderHub

Last Week. It was a chaotic week for just about every asset class. The supply of goods and services across the globe continues to have the transitory camp scrambling to redefine “transitory," as we saw WTI crude oil touch $80 during the week.

XRP Prices Up Despite Ongoing Ripple SEC Woes

PYMNTS

The cryptocurrency XRP hit $1.23 Saturday (Oct. 9), up by over 9% in 24 hours, while its blockchain payments network Ripple is in the middle of an ongoing courtroom drama with the U.S. Securities and Exchange Commission (SEC), Decrypt reported.

XBRL News about sustainability reporting, proxy votes and value chain reengineering

Daily Fintech

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Ep.

Course 123

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Podcast: How the IRS Reporting Proposal Would Affect Banks and Customers

ABA Community Banking

Citizens Bank of Edmond CEO Jill Castilla talks about the effects the Biden administration's controversial proposal for a financial account reporting regime would have on a bank like hers.

Malware is Calling. Will Your Users Answer?

Strategically Speaking

Phishing – in the modern digital world, you no doubt have an idea of what phishing entails, but do you know where the name comes from? In the mid-90s, hackers were fast at work targeting America Online (AOL) accounts.

Bitcoin Daily: Venezuela's Simon Bolivar Int'l Airport to Accept Crypto for Flights; BitPay, Wix to Team on Crypto Payments

PYMNTS

Simón Bolivar International Airport, which is Venezuela’s largest airport and also known as Maiquetía, will add bitcoin, Dash and Petro as payment options for clients buying tickets, CryptoPotato reported. Petro is a Venezuelan government-issued digital asset.

Win Some, Lose Some in Accelerated Life Insurance Underwriting

Daily Fintech

Life insurance ownership has seen a decline in the recent past. There was an estimated $25 trillion gap between coverage purchased and needed in the event of a loved one’s death in 2016, in the US alone. Suboptimal processes might have contributed to this shortfall.

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.

3 financial experts share elevator pitches

ATM Marketplace

Three financial services companies provided elevator pitches for innovative products at the Bank Customer Experience Summit, including a virtual assistant, integrated credit platform and a collaboration app

What is CIB report ? How does it impact your creditworthiness ?

FluentBanking

Many of us intend to apply for a loan, even though we have some knowledge of banking don't know anything about CIB report and how can it be used as the main source for decision making in the lending operation of the bank and other financial institution.

Artsy on Leveraging Mobile Payments to Drive Cross-Border Art Sales

PYMNTS

The ongoing pandemic has not stopped collectors from acquiring art from both new and established artists around the globe. Galleries and auction houses, like many markets, increasingly have moved to online and mobile platforms, expanding their footprints through global eCommerce marketplaces.

Mobile 270

This Week in Fintech ending 15 October 2021

Daily Fintech

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

LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

Check out our latest ebook for a guide to the in-depth, wide-ranging candidate and company data offered by ZoomInfo Recruiter — and make your next round of candidate searches faster, more efficient, and ultimately more successful.

How the cloud is revolutionizing financial technology

ATM Marketplace

By utilizing the cloud, financial institutions can not only reduce infrastructure costs, but they can also acquire products and services much quicker than under traditional circumstances

Bank Customers Lose Real Money

Jeff For Banks

You worked hard, saved money, and reduced or eliminated debt. You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market. Now, after forty years of toil and delayed gratification, you're ready for retirement.

NEW REPORT: Capturing the Global Cryptocurrency Payments Opportunity

PYMNTS

Consumers and businesses alike are expressing more curiosity surrounding emerging payment methods after a year of rapid change to common shopping and banking practices.

Alt Lending Week ending 15th October 2021

Daily Fintech

Consumers need to know about new financial products! While the concept of BNPL (Buy now pay later loans) is as old as the hills the app based finance providers are not. The commentary in the cnbc piece is interesting as it exposes the fact that regulation takes some time to catch up with […].

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.

A brief guide to implementing digital card programs

BankInovation

Financial service providers continue to rethink and evolve delivery models to accommodate today’s need for robust self-service financial experiences.

Cards 78

Full-Service Branch Access Unaffected Despite Industry Consolidation

Banking Exchange

Report by the Federal Reserve of Cleveland studied whether bank consolidation had impacted customer access Retail Banking Financial Trends Duties Branch Technology/ATMs Customers Feature3 Feature Financial Research. 1Retail Banking

Netflix Is Starting a Book Club

PYMNTS

Streaming behemoth Netflix announced Friday (Oct. 15) it’s joining forces with Starbucks and some of the world’s most prolific and popular book writers on the Netflix Book Club.

Part 2 Ethereum’s big transition to Proof Of Stake

Daily Fintech

A much heralded part of Ethereum 2.0 is the transition to Proof Of Stake. It may happen during 2021 or 2022. With Proof Of Stake, users validate transactions based on the number of coins they hold. For example, the more ETH a user has, the more power they possess. This is not mining, it is […].

A Recruiter’s Guide To Hiring In 2021

With vaccination rates rising, consumers spending more money, and people returning to offices, the job market is going through a period of unprecedented adjustment. As the New York Times observed, “It’s a weird moment for the American economy.” And recruiting professionals are caught in the middle. To make the most of this disruption, you need to understand the economic drivers, develop a strong strategy for unearthing valuable talent, and use the latest tech tools to get the job done. Read this guide to get your recruiting practice ready to thrive in the new normal.