Robinhood Reports Potential Hacking Incident

PYMNTS

9) that hackers may have gained information about customers' personal email accounts, Reuters reported. Reuters reported last month that Robinhood increased its latest funding round from investors to $660 million, putting its valuation at $11.7

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Report: Instacart Is Mulling IPO

PYMNTS

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. next year, FT reported.

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Report: Hackers Hit 2,000 Robinhood Accounts

PYMNTS

A recent hack compromised around 2,000 Robinhood Markets accounts, suggesting the attacks were more widespread than previously realized, Bloomberg reported. Social media saw a deluge of complaints about the attacks, Bloomberg reported.

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Disbursements Satisfaction Report 2020: Monetizing Payout Choice

PYMNTS

These are some of the takeaways of PYMNTS’ Disbursements Satisfaction Report 2020: Monetizing Payout Choice , a collaboration with Ingo Money. Microbusinesses report faring even worse, saying they have choice for only 38 percent of each of these two types of disbursements. .

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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.

Adjust report identifies 3 trends in mobile finance to keep an eye on

Mobile Payments Today

In order to answer these questions and more, Adjust has partnered with app Intelligence platform Apptopia to create the Mobile Finance Report 2020

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FDIC Looks To Modernize Bank Reporting

PYMNTS

FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled. The reports have been a fixture of the way the government monitors for risk for 150 years, The Wall Street Journal (WSJ) reported, but they could now be scrapped in favor of a more timely, accurate approach to better reflect new technology available and better report on credit exposures and deposit information. The Federal Deposit Insurance Corp.

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Report: US House Could Break Up Big Tech firms

PYMNTS

The long-anticipated antitrust report from the U.S. The report offers a chilling look into how Apple, Amazon, Google and Facebook have used their power to control how we see and understand the world,” U.S. Ken Buck (R-Colorado) wrote in the report, Reuters reported.

Report: Reinventing The Bean-To-Bar Chocolate Supply Chain

PYMNTS

The Reinventing B2B Payments Report , a PYMNTS and American Express collaboration, examines how these kinds of strains — as well as the needs to create smooth, remote accounts payable (AP) and accounts receivable (AR) operations — are prompting businesses to re-examine how they transact.

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GAO Warns Of Aviation Cybersecurity Risks In Report

PYMNTS

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported.

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2020 Database Strategies and Contact Acquisition Survey Report

As buyer expectations continue to heighten, marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. This report aims to highlight the current state of B2B database and contact acquisition strategies, and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.

Report: GoodRx Files For IPO

PYMNTS

Reuters reported the online company has filed for a potential initial public offering with the U.S. Earlier this year, PYMNTS reported ePharmacy companies were taking aim at high drug prices. GoodRx Inc., the Santa Monica, Calif.-based

Report 193

A Grim April Employment Report

Abrigo

This morning’s Employment Situation Report from the Bureau of Labor Statistics for the month of April was, not surprisingly, grim. Additional takeaways from the report The labor force participation rate fell by 2.5%, which marginally reduced unemployment rates. The initial surge in unemployment compensation claims is letting up somewhat, but next month’s report promises to be just as interesting as we get a better feel for the continuing turmoil in the labor markets.

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Report: What Subscription Commerce Companies Can Do To Keep Millions Of Consumers From Hitting ‘Cancel’ Post-Pandemic

PYMNTS

This is pushing many individuals to turn to streaming and other subscription services for entertainment, with 22 percent of consumers reporting that they have signed up for new streaming services since the pandemic began.

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New Report: A Merchant's How-To Guide To Reopening Retail Stores

PYMNTS

For more on these and other SMB reopening developments, download this month’s Report. About The Report. The Small and Medium Business Reopening Report® , an American Express collaboration, offers coverage of the most recent news and trends in the SMB reopening economy.

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Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

Former Wirecard Exec Reported Dead

PYMNTS

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG , has died, Reuters reported. .

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Reports of my (banks) death have been greatly exaggerated

Chris Skinner

Sure, sure, you’ll immediately go: “but you say that all the time Chris” but, if you check back on what I’ve written, I’ve only ever said that banks will die … The post Reports of my (banks) death have been greatly exaggerated appeared first on Chris Skinner's blog. I’m getting really fed up of the number of research papers, videos, blogs, headlines and more screaming: “banks will die”.

Report 282

Report: Social Commerce Market Reaches $89B

PYMNTS

In fact a new report puts the global market for social commerce at $89.4 Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021.

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Report: Installment Payments Newest Feature: Social Responsibility

PYMNTS

Engaging customers in socially responsible causes can help retailers build trust and develop lasting relationships that translate into many return visits.

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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!

Report: Not One PPP Loan Has Been Forgiven

PYMNTS

But the Small Business Administration (SBA) program that promised loan forgiveness as long as SMBs used 60 percent toward payroll and 40 percent to other allowable expenses, has yet to forgive a single loan, Politico reported.

Report 262

A Strong January Employment Report

Abrigo

This morning’s Employment Situation report from the Bureau of Labor Statistics showed decent strength in labor markets. That is, after reconciling the reported data with other available data (mostly tax data), the level of reported employment was adjusted down, net by about 500,000 jobs, but with month-to-month variability over the last 12 months. The post A Strong January Employment Report appeared first on Abrigo.

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Report: UnitedHealth Buys Online Pharmacy Startup DivvyDose

PYMNTS

Talks between the two companies were previously reported by Bloomberg. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines. UnitedHealth Group Inc. ,

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Report: Wells Fargo Slashes 700 Jobs

PYMNTS

has eliminated more than 700 jobs in commercial banking, kicking off a series of cuts that eventually could number in the tens of thousands, Bloomberg News reported on Wednesday (Oct. Wells Fargo & Co.

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Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

Lululemon Athletica Reports $554.3M In D2C Revenue

PYMNTS

Lululemon Athletica reported Tuesday (Sept. The company reported that 492 of the 506 retail locations that it runs were open as of Aug. Lululemon reported 54.2 It also reported an operating margin of 13.8 8) that direct-to-consumer (D2C) net revenue was $554.3

Report 193

Report: $50B In Cryptocurrency Moved Out Of China

PYMNTS

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report.

Link reports UK cash use down but withdrawal amounts increase

Mobile Payments Today

Cash use in the UK is down, but LINK, UK's largest ATM cash machine network, reports ATM users have increased the amount of money they're withdrawing

ATM 222

XBRL News: Reshaping ESG / sustainability reporting now

Daily Fintech

1 Sustainability frameworks collaborate for comprehensive reporting Long-time readers of this newsletter will know that one of the major issues holding sustainability reporting back has […]. Here is our pick of the 3 most important XBRL news stories this week.

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Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.

Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard

PYMNTS

One day after an Ernst & Young ( EY ) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash, the Financial Times (FT) reported.

Report 232

Apple Users Report Outages, Service Restored

PYMNTS

22), Reuters reported. It was unclear how many users and which countries were impacted, the news service reported. At press time, all Apple’s services have been restored, 9to5 reported.

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May Employment Report Shows Unexpected Improvement

Abrigo

This morning’s employment situation report for the month of May was genuinely amazing – and unexpected. The market had anticipated another dismal month for May, and that is quite the opposite of the latest BLS report. Many economists predicted that the Paycheck Protection Program (PPP) would play a big factor in the June employment report, but it appears to have made a significant impact in May.

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Report: Walmart’s Flipkart To Go Public

PYMNTS

is preparing an initial public offering (IPO) as early as next year, Reuters reported. Reuters reported sources said work is underway to meet compliance, legal and finance functions that will meet regulatory standards.

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Palantir Reportedly Posted $580M Loss Last Year

PYMNTS

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported.

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