Sat.Nov 09, 2019 - Fri.Nov 15, 2019

Banking is inherently sexist

Chris Skinner

Actually, it’s not just banking. It’s money. Money is about control – something I blog about regularly – and men control societies, economies and the world.

Google, Citi see integrated payments, mobile banking as mutually beneficial

Mobile Payments Today

The blockbuster agreement for Citi to integrate its Google Pay wallet with Citi and Stanford Federal Credit Union's mobile checking accounts represents an evolution of Big Tech and traditional banking to offer a mutually beneficial expansion of their digital banking and payments businesses

Google 294

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Temenos is betting on a social banking tool to help small banks compete

Bank Innovation

To Switzerland-based banking tech provider Temenos, a human-centered digital approach will help small institutions compete with large players. Through its acquisition of software-as-a-service provider Kony last August, Temenos added social platform Engage to its toolkit for client banks.

Tools 293

MoneyGram, Wing Team Up On Cambodian Digital Wallet 

PYMNTS

MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts.

Mobile 286

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!

Big Banks AND Big Tech (not versus)

Chris Skinner

I’ve said for a while that the Big Tech giants will not become banks. Amazon and Alibaba will do a lot of bank-like activities, but they will never move into full-service banking, as in offering deposit accounts. Why won’t they?

More Trending

Scotiabank, Fifth Third, SunTrust: Amazon, Apple inspiring UX

Bank Innovation

The popularity of Amazon Prime and Apple is forcing bankers to rethink user experiences, industry practitioners said at Bank Innovation Build.

UX 255

A Strong Loan Review System Is Good for Your Business

Abrigo

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. Keys to effective loan review are independence, sufficient standing in the organization, and adequate funding.

System 195

Can you recognise a fraudster when you meet one?

Chris Skinner

I’ve pointed out many times that it’s easy to scam people online and defraud them. I even once got a phone call from an elderly gentleman asking me if he had really won £1 million on the Financial Services Club lotto. I had to let him down gently.

ATMIA's Ron Delnevo sees cash access still playing critical role in banking, society

Mobile Payments Today

Ron Delnevo, executive director of Europe at the ATMIA, believes in payment choice. He also thinks independent ATM operators play an important role in keeping cash accessible

ATM 240

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.

Apple Card’s gender-bias claims look familiar to old-school banks

Bank Innovation

Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards. But for the card’s overseers at Goldman Sachs Group Inc., it’s creating the same headaches that have bedeviled an industry the companies had hoped to disrupt.

Apple 249

FinCEN Reissues Real Estate Geographic Targeting Orders

Abrigo

On November 8, 2019, the Financial Crimes Enforcement Network (FinCEN) reissued their Geographic Targeting Orders (GTOs) for 12 metropolitan areas. GTOs are authorized under the Bank Secrecy Act to detect money laundering and other illicit activity through the purchases of real estate.

Tomorrow’s bank? What do HSBC and Wells Fargo think?

Chris Skinner

I always like to hear what bankers think about the future of banking – it’s probably more accurate than what janitors or futurists think – and so was pleased to see two items in my in-tray this week, one from HSBC and the other from Wells Fargo.

New Research Highlights Global Market Opportunity for Secure Commerce at the Pump I New Report I EMV I Pay at the Pump I Trends I Survey

Mobile Payments Today

Download this new report which explores the findings of a survey commissioned by TNS among US, UK and Australian adults about their current usage of pay-at-the-pump facilities and their willingness to engage with new technologies and services at the fuel dispenser

Survey 199

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.

Google partners with Citi to offer customers checking accounts

Bank Innovation

Google has partnered with Citigroup Inc. and a local California credit union to offer consumer checking accounts, a person familiar with the matter said.

Google 241

The Risk Your Asset/Liability Management Process Might Be Missing

Abrigo

ALM | 4 minute read Key Takeaways Many financial institutions view asset/liability management as a "check-the-box" regulatory exercise.

Joy to the World … and Please Pay Me!

Chris Skinner

Just over a month away from Christmas and the festive season is off to a rock and roll start.

299
299

Why The Future Of Brick-And-Mortar Isn’t About Sales

PYMNTS

In 2014, it was hard to pick up any article about retail and not end up reading an obituary for the mall.

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.

Point-of-sale financing an untapped opportunity for banks

Bank Innovation

Banks need to embrace new customer acquisition models or risk falling behind, a recent Accenture report argued. The report, titled 5 Big Bets in Retail Payments in North America, examined how banks risk losing payments revenue to technology startups and other non-bank competitors.

Innovative Crypto structured products – the ShortLyCi case

Daily Fintech

Cryptocurrency futures of all sorts and margin trading up to x200 leverage, are being offered through different entities. Bitcoin ETFs have not been allowed and retail can either invest directly or through trackers and ETPs or certificates.

The Finanser’s Week: 4th November – 10th November 2019

Chris Skinner

The main blog headlines are … Seven Fin and Tech truisms we wish were myths (with thanks to Anne Boden) I attended the New Statesman’s FinTech Summit yesterday.

Maine 291

TikTok Enters eCommerce With In-App Shopping Links

PYMNTS

The popular video app TikTok is testing out a new feature that will give certain video creators the option to add links to videos for eCommerce purposes, according to a report by The Wall Street Journal.

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.”

FICO fights fraud through selfie-based authentication tools

Bank Innovation

The identity verification process for financial institutions just got easier thanks to two new digital identity tools FICO rolled out this month.

Tools 232

New Research Highlights Global Market Opportunity for Secure Commerce at the Pump

Mobile Payments Today

Download this new report which explores the findings of a survey commissioned by TNS among US, UK and Australian adults about their current usage of pay-at-the-pump facilities and their willingness to engage with new technologies and services at the fuel dispenser

Survey 150

Things worth reading: 11th November 2019

Chris Skinner

Apple 281

BlackBerry On 5G And The IoT Security Problems That Must Be Fixed

PYMNTS

IoT providers have hit an innovation streak in recent years, utilizing increasingly sophisticated technologies such as artificial intelligence (AI) and data tools like machine learning (ML) to rapidly expand the world of connected things.

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.