Sat.Mar 06, 2021 - Fri.Mar 12, 2021

Restructure to Survive: How to Turn Around the Weakest Banks

Accenture

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. It’s time to turn to the situation facing banks in the third of our three segments – Restructure to Survive.

ATMs, Credit Unions: Collaboration Breeds Innovation

ATM Marketplace

Branch transformation, customer experience and avoiding fraud concerns not only banks, but credit unions as well.

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COVID-19 Turns One: Lessons Learned From a Global Health Crisis

ABA Community Banking

The banking industry can be proud of how it stepped up—virtually overnight—to keep society moving in the face of perilous uncertainty. The post COVID-19 Turns One: Lessons Learned from a Global Health Crisis appeared first on ABA Banking Journal.

The Kessler Collection Teams With BitPay To Allow Crypto Payments At Hotels

PYMNTS

Luxury hotel group The Kessler Collection is teaming with BitPay to accept digital currency as a payment method, according to an announcement on Tuesday (March 9). “I

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Digital and sustainable: The twin transformation you’re ignoring

Accenture

The days of sustainability being a “nice to have” are over. Sustainability is now demanded by customers (and increasingly, governments), not just for the environment, but for overall societal good.

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Why 'romance fraud' became big money in 2020

Payments Source

Since romance frauds generate more than 10 times the money for scammers per event than other types of fraud, 2020 saw a substantial boost in the use of this tactic. Fraud detection Digital payments

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Bitcoin As Alchemy: APMEX CEO Places Crypto In Precious Metal Perspective

PYMNTS

These are heady times indeed for bitcoin and its peers. Everyone from Elon Musk to Rob Gronkowski is in the game. Volatility reigns. It’s a market where $50,000 once seemed to be a mythical price level. Seems like just a minute ago that price was in the rearview mirror.

Q4 2020: US credit card issuer snapshot

Accenture

Key themes Purchase volume continued to show signs of recovery as all issuers reported QoQ growth in spend and some had YoY growth; Alliance Data posted the strongest QoQ growth of ~25%, likely as a result of easing retail lockdown restrictions.

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FinCEN Releases Notice Related to Trade in Antiquities and Art

Abrigo

Notice provides information about illicit finance risks related to trade in antiquities and art Many financial institutions, particularly those without an international footprint, are not familiar with these channels of money laundering. Would you like other articles like this in your inbox?

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!

Artificial intelligence is that rare tech buy that gets better with time

Payments Source

Unlike most IT investments that become obsolete in a few years, AI's ability to "learn" makes it increasingly more valuable, says Silent Eight's John O'Neill. Artificial intelligence Fintech Digital payments Information systems

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QR Codes Gain Clarity As Travel Retail’s New Conversion Play

PYMNTS

QR code-based payments have experienced something of a renaissance during the pandemic, as they allow customers and employees to better keep their distance and avoid handling potentially contaminated bills or cards.

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Getting the Foundations of Your Cloud Platform Right

Accenture

In my previous blog post in this series on the journey to cloud, I examined how to lay the organisational foundations for cloud by implementing the right operating model. In this latest instalment, I move on to the key step of architecting the cloud platform.

Legendary Cricketing Shots That Can Up Your Credit Score Game

BankBazaar

As the Cricket fever sets in, we’ve designed the ideal game plan to ramp up your Credit Score! Curious? Read on!

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How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

Arizona group aims to jump-start European-style open banking in U.S.

Payments Source

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S. Fintech Compliance Arizona

TD Bank Takes Real-Time Approach To ID Verification

PYMNTS

Digital identity solutions and biometric technologies hold much promise when it comes to helping financial institutions (FIs) streamline their customer verification methods, but one survey revealed that banks could be doing much more to ensure they are getting the most from these tools.

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Your Bank Doesn’t Know Your Customer Unless It Knows These 5 Things

Banker to Banker

T here are a handful of banks in this nation that really know their small business or commercial customer. They say they are about service and they actually walk the walk. They deliver superior service compared to the competition and they put the customer in the middle of everything they do

This Week in Fintech ending 12 March

Daily Fintech

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

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.

How e-commerce raised the stakes for online fraud

Payments Source

David Heun, associate editor of PaymentsSource, talks to Sara Hafner, head of financial partnerships at Forter, about how the growth of online shopping has raised the stakes for fraud prevention. Fraud detection Online payments PayDirt

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Movie Theater Chain AMC Shifts From Survival Mode To Managing Surge Of New Films

PYMNTS

The head of the country’s largest movie theater chain, AMC Entertainment , said he is optimistic about the rapid rebound of the film industry and is confident that his beleaguered company will survive the worst storm in its 100-year history.

The Biggest Mistakes When Pricing A Fixed Rate Commercial Loan

Banker to Banker

We estimate that approximately 80% of all banks in the country do not have a commercial loan pricing model that adjusts for credit risk, the shape of the yield curve, acquisition costs, maintenance costs, or relationship revenue. However, banks do not need a loan pricing model to eliminate the biggest mistake commonly committed today on commercial loan pricing

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Whole Lotta Shakin’ Going On!

SWBC's LenderHub

The past two weeks have tested the edifice of what the super-popular Cathie Woods ARK ETF (AARK) describes as, “Companies relevant to the theme of disruptive innovation.” Not too surprisingly to us, the disrupters have failed miserably, so far. Capital Markets

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

The Anti-Money Laundering Act is a tough act for banks

Payments Source

Banks need to adjust their money laundering protections to comply with tough new rules in the U.S., says Genpact's Manish Chopra. Risk AML Payment processing

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No Mooching: Netflix Tests Block On Password Sharing

PYMNTS

A new Netflix prompt, just in test mode for now, is attempting to crack down on shared passwords, saying that if you "don’t live with the owner of this account, you need your own account to keep watching," according to a report from The Streamable.

Stablecoin News for the week ending Wednesday 10th March.

Daily Fintech

Forget CBDC’s, Stablecoins are a Private Sector Innovation. Here is our pick of the 3 most important Stablecoin news stories during the week. Over $1.5

Market Commentary: Week of March 8, 2021

SWBC's LenderHub

Last Week: The selloff in treasury rates resumed in force last week with the 10-year Treasury touching 1.60% again.

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.