CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations

PYMNTS

million to the Consumer Financial Protection Bureau ( CFPB ) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release. According to the release, Santander allegedly knew that it provided incorrect consumer data to the three major credit reporting agencies (CRAs).

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XBRL News – Sustaining Reporting ’21!

Daily Fintech

As this rather extraordinary year draws to its very welcome close, we reflect on what promise financial and ESG reporting might hold for the near future. The explanatory power of financial information reported to investors for market valuation has drastically declined in recent decades.

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Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options

PYMNTS

The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc. To learn more, download the report. There is no denying that the COVID-19 pandemic has rapidly accelerated the global shift toward digital commerce.

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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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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.

Report: Paychex Gives Traditional Payroll Cycle A Real-Time Makeover

PYMNTS

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months.

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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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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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The future of payments post-pandemic (free research report)

Chris Skinner

I’m releasing the report today and here’s the opening summary: When the Covid-19 pandemic hit … The post The future of payments post-pandemic (free research report) appeared first on Chris Skinner's blog. During this quite period of time, it’s a good time for reflection and I was lucky enough to be commissioned to produce some research on how European FinTech influencers see the future of payments post-pandemic.

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Banking Reports CEO makes 2021 predictions

BankInovation

Fintech thought leaders will be offering their predictions for the year to come — in fact, David Gyori, chief executive of Banking Reports, offers 21. The post Banking Reports CEO makes 2021 predictions first appeared on Bank Innovation.

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: JCB Developing Blockchain B2B Payment Product

PYMNTS

JCB is teaming with LayerX , a local company, on the offering, Ledger Insights reported. Not many particulars of the effort were available, according to the report. JCB is a significant player in the payments space in Japan, reporting 141.5

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: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

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Report: 'K-Shaped' Recovery Divides Corporates, SMBs

PYMNTS

think Amazon , Starbucks , McDonald's and Walmart — are expected to get even bigger post-pandemic, while small- to medium-sized businesses (SMBs) fight for survival, the Financial Times (FT) reported Tuesday (Dec. The biggest brands in the U.S.

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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.

Report: Robinhood Eyes Potential IPO

PYMNTS

Stock trading and investment platform Robinhood Markets has reached out to financial institutions for positions in an initial public offering (IPO), Bloomberg reported, citing unnamed sources.

Report 180

Report: PayPal, Crypto Firm BitGo Acquisition Talks Fall Through

PYMNTS

PayPal has dropped its bid to acquire bitcoin wallet purveyor BitGo but remains interested in investing in the cryptocurrency space, Fortune reported. Bloomberg reported earlier this year that BitGo’s backers include Goldman Sachs Group Inc.,

Report 251

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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Albertsons Reports 225 Pct Digital Sales Growth

PYMNTS

reported digital sales growth of 225 percent and identical sales growth of 12.3 As for its overall results, Albertsons Companies reported 66 cents in adjusted net income per share on $15.4 The news comes after Albertsons reported 243 percent in digital sales growth and 13.8

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: 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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Fed Report: 2020 Closes Out With Slight Economic Uptick 

PYMNTS

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Companies in the software and IT services sector reported some improvement.

Report 172

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

Banking Reports CEO makes 2021 predictions

BankInovation

Fintech thought leaders will be offering their predictions for the year to come — in fact, David Gyori, chief executive of Banking Reports, offers 21. Center of Excellence Banking Reports cybersecurity fintech omnichannel Premium

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.

Banking Reports CEO makes 2021 predictions

BankInovation

Fintech thought leaders will be offering their predictions for the year to come — in fact, David Gyori, chief executive of Banking Reports, offers 21. Center of Excellence Banking Reports cybersecurity fintech omnichannel Premium

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: Alibaba Founder Ma OK But 'Lying Low'

PYMNTS

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing. Ma, according to the report, has been "lying low" amid several controversies between his companies and the Chinese government.

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Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

PYMNTS

As PYMNTS' latest Digital Fraud Tracker recently reported , shipping fraud grew 391 percent between 2018 and 2019, while account takeovers spiked by 347 percent over the same timeframe. Furthermore, 22 percent of Americans have reported being targeted by COVID-related fraud.

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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.

Amazon Sellers Report Increases In Shipping Delays

PYMNTS

Bloomberg News reported that merchant chat rooms are abuzz with talk of delayed shipments, with more than a half-dozen sellers and consultants confirming such issues to the news service. FedEx and United Parcel Service are reportedly already facing a shortage of vans for holiday deliveries.

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Report: Digital Lender SoFi Eyes IPO Via SPAC

PYMNTS

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market.

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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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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 227

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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