Sat.Apr 18, 2020 - Fri.Apr 24, 2020

Where will you be when the COVID-19 music stops?

Bank Innovation

Let me start this piece with a disclaimer. This is an article telling banks to spend money on technology, and I’m a guy running a company that benefits when banks spend money on technology. So, it’s fair to say that I have some pretty heavy inherent bias.

What does the #coronavirus crisis mean for #FinTech?

Chris Skinner

Someone asked me what the coronavirus pandemic means for the future of FinTech.

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How Banks Have Adapted Their Digital Banking Systems To Serve Customers During The Pandemic

PYMNTS

Branch visits are vital to customers’ financial lifestyles, despite mobile and online banking’s growing popularity.

Fintechs provide lifeline for SMBs seeking COVID-related financing

Mobile Payments Today

Small businesses struggling to work with big banks are increasingly turning to fintechs for help with access to PPP loans as well as assistance in obtaining alternative financing sources

ABCs of Data Normalization for B2B Marketers

Data normalization. It’s not a far stretch to suggest that the topic isn’t exactly what gets marketers excited in their day-to-day workflow. However, if lead generation, reporting, and measuring ROI is important to your marketing team, then data normalization matters - a lot. In this eBook, we’ll break down the ins and outs of data normalization and review why it’s so critical for your marketing strategies and goals!

AvidXchange eyes acquisitions after latest funding round

Bank Innovation

AvidXchange is eyeing additional acquisitions and scalability after scoring an additional $128 million in equity capital on the heels of its $260 million funding round in January, CEO Michael Praeger told Bank Innovation. The company automates invoicing and outgoing payments for the B2B market.

More Trending

Lenders Getting Ready for Second Round of PPP Funding

Abrigo

Key Takeaways Regulators and industry officials provided insight for lenders entering the second round of funding for the Paycheck Protection Program (PPP). Lenders expect the money to go quickly; they also still don't know exactly when they'll be paid processing fees.

An introduction to mobile commerce in China

Mobile Payments Today

The Chinese e-commerce market is one of the most important in the world and represents a lucrative opportunity for digital expansion. However, the nuances of this market are important to understand and the role of mobile expansion is critically important

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Radius Bank leads with PPP forgiveness solution   

Bank Innovation

Radius Bank is standing up a Paycheck Protection Program loan forgiveness tool, even as many banks feel left in the dark by the Small Business Administration, which hasn’t yet released details on how the process will work.

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Purpose-driven banking research finds a 9% uplift in revenues

Chris Skinner

A lot of things seem irrelevant right now, as we sit in the dark of a crisis, but life will go on and things do go on. It therefore intrigued me to see that Accenture has just performed a survey around purpose-driven banking.

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The 2019 Technographic Data Report for B2B Sales Organizations

In this report, ZoomInfo substantiates the assertion that technographic data is a vital resource for sales teams. In fact, the majority of respondents agree—with 72.3% reporting that technographic data is either somewhat important or very important to their organization. The reason for this is simple—sales teams value technographic data because it makes essential selling activities easier and more efficient.

New business models for a new banking environment

Accenture

In the first blog in this series, I shared some of the observations from a white paper I co-authored with Finastra on corporate APIs. In this blog I would like to discuss how the proliferation of APIs affects banks’ business models.

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Texas Hotelier Nets $59M In PPP Loans

PYMNTS

The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program intended to help small or medium-sized businesses with the economic crisis.

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Weekly Wrap: PPP’s round 2, Oracle-Boss Insights deal, lessons from Greenhouse

Bank Innovation

For many small businesses, the new round of Payroll Protection Program funds is likely to be a godsend. For banks, it could bring another overwhelming rush of desperate borrowers. Many banks are hoping this round of PPP will go smoother — at least somewhat — than the last one.

The politics of pandemics (#coronavirus)

Chris Skinner

Looking back, the world should have locked down when China did in January. The reason we didn’t? Economics, business, commerce and the financial metrics. If we had? Well, we wouldn’t be suffering nearly as much now. But hey, hindsight is a great thing, isn’t it?

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The Time-Saving Power of Intent Data for Sales

By using the power of intent data, capturing buyer interest has become more feasible for sales. Not only that, but using it will save immense time during your workflow; a win-win on all fronts.

CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans

Abrigo

Key Takeaways Beneficial State Bank, a Community Development Financial Institution (CDFI) was able to award SBA approval for 333 Paycheck Protection Program loans worth $94.5 million before funding ran out April 17.

24 Hour Fitness May File For Bankruptcy Amid Pandemic

PYMNTS

Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus , as well as mounting debt concerns and the fact that every single one of its 448 locations has closed down, according to CNBC.

Noah, fresh off $150M in funding, sets sights on home equity loans 

Bank Innovation

Noah, a company that offers financing in exchange for a portion of consumers’ home equity, gives consumers an alternative to home equity loans from banks.

The future of the Euro (#coronavirus bonds)

Chris Skinner

For most of my adult life, we’ve been part of the European Union. The Brexit vote came as a shock, and the unravelling of Britain from Europe for the past four years has been a major stalemate in British life and politics.

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How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

Navigating Liquidity, Funding, and Return in the Paycheck Protection Program

Abrigo

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. There are 3 factors to consider when assessing return and profitability of PPP loans.

The Race To The Cloud: Will Digital Banks Win?

PYMNTS

Financial institutions (FIs) are feeling the pressure to offer increasingly personalized, digital-first services to keep customers satisfied.

Lenders brace for PPP round 2 with automation, APIs

Bank Innovation

Armed with automation, APIs and experience, lenders across the country are making preparations to process the torrent of Paycheck Protection Program loans expected when the Small Business Administration re-opens the E-Tran system on Monday at 10:30 a.m. Speed is the name of the game.

Things worth reading: 24th April 2020

Chris Skinner

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How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

PPP Funding Out But Not Necessarily Over; Lenders Preparing

Abrigo

Key Takeaways Funding for the Paycheck Protection Program is depleted, but support for more money is strong and lenders want to be ready for another round. Some lenders continue to take applications, while others are working existing applications in their pipelines.

Royal Bank Of Canada Rolls Out Digital ID Verification For Account Opening

PYMNTS

COVID-19 has changed daily routines around the world as more consumers have had to stay at home, only venturing out into public for necessities. This is leading companies of all kinds to navigate how to reach them remotely.

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Big banks face challenges with stand-alone apps   

Bank Innovation

Some of the country’s trillion-dollar banks have spent the past three years launching digital offshoots that mimic their startup competitors, but the promise of stand-alone personal finance management apps from incumbent banks remains largely unfulfilled.

Things worth reading: 22nd April 2020

Chris Skinner

Data-Driven Marketing 101

This eBook highlights how data-driven strategies empower marketing campaigns through personalization tactics.