Sat.Mar 07, 2020 - Fri.Mar 13, 2020

Amazon To Deliver Coronavirus Test Kits In Seattle

PYMNTS

To assist in bringing at-home testing kits for COVID-19, the disease caused by the coronavirus , to homes of Seattle-area residents, Amazon Care is reportedly in discussions with local health groups, according to a CNBC report.

B2B Payments Speed Up

PYMNTS

“At the speed of business.” The phrase evokes capitalism with dynamic velocity, which is probably why it was the UPS ad tagline for years, and why Cisco later used another variation, “Innovate at the Speed of Business,” to articulate itself. So, what is the speed of business?

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Airbnb Sees 40 Percent Drop In Bookings; Delays IPO

PYMNTS

The toll of the coronavirus on businesses has hit everything from tourism to large gatherings like concerts and conventions. With those goes the value of Airbnb , which saw its bookings fall by 40 percent, according to published reports Thursday (March 12).

WeWork To Sell Iconic NYC Building To Amazon

PYMNTS

Amazon ’s New York expansion plans will now include the former Lord & Taylor building in downtown Manhattan, as the eCommerce company announced that it will purchase the storied building from office sharing startup WeWork , according to the New York Post.

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!

Coronavirus scams to watch out for

American Banker

Financial institutions need to alert customers about emails or websites that pretend to offer important COVID-19 information but instead could end up stealing their account numbers or logins. Fraud detection Card fraud Phishing Cyber security Cyber attacks Malware Coronavirus

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Massachusetts mutual taps insider as its next chief

American Banker

Jonathan Dowst will become president in July and CEO a year later. C-suite Massachusetts Community banking Succession planning Mutual banks

French Court Says Bitcoin Is Money

PYMNTS

A French court has decided that bitcoin is money, the first time a court in France has issued such a ruling, according to a report from Les Echos Sunday (March 8). The decision came about following a clash between the Bitcoin marketplace Paymium and the crypto investment company BitSpread.

Princess Cruises Discloses Possible Data Breach

PYMNTS

Princess Cruises disclosed a potential data breach in a notice posted on its website. The travel company said that from April 11 to July 23 of last year a third party attained “unauthorized access” to select staff email accounts that had personal information regarding its staff, customers and crew.

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Will Consumers Warm To Subscription Banking?

PYMNTS

The era of “challenger” banks has seen many grand promises in terms of innovating on the old banking model to provide consumers with something more modern, responsive and customized. But when it comes to actually measuring results against the hype, the fact is that reality often falls a bit short.

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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.

Digital banks, payments startups face first major test in virus

Bank Innovation

Fintech startups looking to upend how Americans do their banking are facing their first major test as interest rates fall and fearful consumers seek safety at traditional banks. Square Inc. and Stripe Inc.,

Coronavirus outbreak raises questions about digital payments and cash

Mobile Payments Today

The coronavirus pandemic has raised a number of concerns about whether consumers would shift towards digital payments amid concerns about cash handling and interacting with large crowds in banks and retail centers

Mark Carney: Central Banker and Climate Activist

Chris Skinner

On Sunday, Mark Carney leaves the Bank of England after almost seven years at the helm. There’s an interesting review of Mark Carney’s tenure as Governor of the Bank of England on Bloomberg.

What the rise of in-app payments means for banks

Accenture

The expectations of customers when it comes to payments have changed radically in recent years. Payments that are instant, invisible and free (IIF) have quickly become the norm, especially in certain segments of the market like airlines, fashion retail, hotels and online travel agents.

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.

Banks around the country respond to coronavirus

Bank Innovation

As the novel coronavirus continues to spread, rattling the economy, banks are reevaluating their business propositions to clients.? WaFd, formerly Washington Federal Bank, is offering interest-free lines of credit of up to $200,000 to small businesses as a result of the pandemic.

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The role of ATMs and cash access in the digital banking era

Mobile Payments Today

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the demands of a new generation of customers

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50 years of ranking 1000 banks

Chris Skinner

Some of you may know that I write a monthly column for The Banker magazine, and have been doing this for almost twenty years! But The Banker goes back way longer than my column. In fact, it began in January 1926 when the first issue was published and is now almost a century old.

Banking on technology to power up trade finance

Accenture

Trade finance has long been of vital importance to the world economy. However, over the last few decades, its role in globalization has grown significantly.

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.

Investors: Coronavirus could shrink startup valuations   

Bank Innovation

The impact of the novel coronavirus and the economic shockwaves from the stock market downturn and associated travel and work restrictions are yielding unresolved questions for startup founders and investors alike.

Banks farm out offsite ATM maintenance, cash replenishment

Mobile Payments Today

Banks are increasingly outsourcing more sophisticated and remote ATM maintenance to outside firms

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Reports of my (banks) death have been greatly exaggerated

Chris Skinner

I’m getting really fed up of the number of research papers, videos, blogs, headlines and more screaming: “banks will die”.

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5 Inefficiencies Community FIs Must Resolve to Prepare for Economic Uncertainty

Abrigo

Key Takeaways In today's uncertain economic climate, community financial institutions must resolve to manage risk and drive growth.

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.”

Simple hires former Tesla exec to revamp CX 

Bank Innovation

Simple, one of the first mobile-only banks in the U.S, is in the midst of rethinking its customer experience to keep pace with new expectations.

The COVID-19 Bank Playbook

Banker to Banker

When we talk about unforeseen Black Swan events, the COVID-19 virus fits the profile.

“Are you willing to take the risk of investing in b t?”

Chris Skinner

“Are you willing to take the risk of investing in b t?” Interesting headline. It’s not mine btw. It’s a question from a leading banker. The question, in this case, related to investing in data mining … but you will probably find it’s a question asked about any major project.

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Biometrics: The Key To Overcoming Contactless Payment Limits?

PYMNTS

Digital identity solutions are becoming more and more commonplace, especially as consumers grow increasingly aware of the weaknesses of authentication methods like passwords.

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.