TechStyle Fashion’s Call Center Strategy

PYMNTS

Consumers want to look their best for all kinds of occasions — whether that entails taking holiday photos, the first day at a new job or going to a yoga class. Getting the right style often means turning to trusted brands to help them look and feel good. For many U.S.

How Open Banking Will Test Banks’ Data Security Strategies

PYMNTS

Prior to the kickoff of Open Banking, PSD2 and other such data-sharing trends, Agarwal told PYMNTS that he’s seen a shift in the strategy criminals use — moving from high-value, but less frequent theft gained from infiltrating bank accounts to lower-value, but far more frequent hauls.

Developing a PaaS Migration Strategy

Perficient Financial Servies

In this blog we will look at the steps to create a migration strategy to PaaS including re-platforming legacy applications. Application migrations are often tied to a larger business-level, digital-transformation strategy.

TRENDING: Inside GDPR’s Enforcement Strategies

PYMNTS

Cyberattacks on American financial institutions are at an all-time high, with more and more cybercriminals eyeing consumers’ financial data and other sensitive information.

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Facebook Tracker: Slowdown Strategies

PYMNTS

That’s not the only strategy the social media giant plans to deploy, though. Facebook is bent on its strategy to become the next big video hub, and it’s willing to spend up to $1 billion in 2018 to do it. Facebook expects a slowdown in its core business in the near future, a prediction that has been cited as a primary driver behind its launch of Facebook Watch.

The Kaepernick Controversy And Nike’s High-Risk Strategy

PYMNTS

But as Thomas Ordahl, chief strategy officer at brand consulting firm Landor, noted, a little shot of controversy and conversation might just be the medicine Nike needs, as it has struggled in recent years to generate excitement around new products.

Crowe: Risk Management With RegTech As Strategy

PYMNTS

Companies must align RegTech efforts with the organization’s strategy and overall objectives, ranging from geographic expansion to delivery channels. Marry tech and talent, then risk management can pay dividends, notes an upcoming PYMNTS webinar. However, for many financial services firms, RegTech’s (Regulatory Technology) potential is limited by any number of causes.

Podcast Episode 12: The Rise of Digital Identity with Equifax Mobile Strategy Leader, Hrishi Talwar

Mobile Payments Today

Host Will Hernandez, discusses the rise of digital identity, how mobile affects the digital identity, with Equifax Mobile Strategy Leader, Hrishi Talwar

Commercial Lending Strategies That Work

Banker to Banker

In our dealing with hundreds of banks and thousands of borrowers, we observe strategies and structures that have worked for our customers. We would like to share ten strategies that we and other community banks have effectively deployed to win bus

How to differentiate your mobile payments strategy

Mobile Payments Today

Keith McAuliffe, the general manager of the financial services sector for Solace, believes it's necessary for providers to to cultivate the right experience for individual audiences

Hong Kong’s FinTech Strategy

Chris Skinner

So I was intrigued to see Hong Kong issue their FinTech strategy today. It will be important for Hong Kong to seek new job and business … The post Hong Kong’s FinTech Strategy appeared first on Chris Skinner's blog.

Prospecting Strategies: Develop a Niche

MZ Bierly Consulting, Inc.

Can bankers interested in developing new business benefit from developing expertise in one or more segments or niches? I think they can. Niches can be a springboard to success in banking. Specialists with strong personal brands often attract quality leads.

Target Pilots New Distribution Strategy

PYMNTS

In an effort to restock stores faster, Target is experimenting with a new strategy to distribute products to its stores. The retailer is testing the new strategy at a warehouse in New Jersey. With the new strategy, he said the center could send stores “five bottles of shampoo, a case of ketchup, two polo shirts on hangers and a pallet of water, all prepared to move out directly to the sales floor.

Developing an MBL strategy

Sageworks

Since the new MBL rule from the NCUA went into effect in January, many credit unions are considering member business lending as a growth strategy. As discussed in a Sageworks whitepaper, “ Mitigating Top Member Business Lending Risks ”, developing a strategy is key to successful MBL growth. Whether you are developing a new MBL program or beefing up an existing one, an effective strategy plays an integral part to an MBL program’s success or failure.

SoftBank’s Collaborative Insurtech & Real Estate Tech Investment Strategy

CB Insights

The Japanese conglomerate’s recent investments in insurtech and real estate tech point to a strategy of promoting c ollaboration among its portfolio companies. SoftBank wants its portfolio companies to get along. .

Should Your Digital Marketing Strategy be Your Only Marketing Strategy?

ForwardBanker

They say the financial services industry is a decade behind other industries with the move to digital marketing strategies. The post Should Your Digital Marketing Strategy be Your Only Marketing Strategy?

For UMe Federal Credit Union, Incorporating an LOS Digital Strategy Delivered Double-Digit Loan Growth

CU Direct

Read more » The post For UMe Federal Credit Union, Incorporating an LOS Digital Strategy Delivered Double-Digit Loan Growth appeared first on CU Direct Blog.

QuickBridge Shifts SME Lending Strategy

PYMNTS

Quick Bridge Financial is revamping its strategy to provide working capital loans to SMEs. The alternative lender announced Tuesday (Nov. 15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. The company offers a platform for SMEs to access short-term working capital financing.

Is it better to have a great strategy implemented badly or a bad strategy implemented well?

Chris Skinner

I was at a presentation where Robin Speculand, Singapore-based author and speaker, asked: Is it better to have a great strategy implemented badly or a bad strategy implemented well?

Viewing Mobile Payments Strategy Holistically

Celent Banking

As one year anniversary of Apple Pay approaches, banks have to make more decisions about their mobile payments strategy. The answer is that banks have to view their mobile payments strategy holistically. Android Pay launched in the US a few days ago, and Samsung Pay is expected to be available there soon as well. Should a bank just stick with Apple Pay or enable their cards with all the “pays”?

MYOB Revises Data Strategy

PYMNTS

Small business accounting platform MYOB recently made the migration to Amazon Web Services (AWS), and it’s taking its data along for the move. Reports Friday (Dec. 16) said Australia’s MYOB is consolidating all of its data onto AWS as it looks to streamline its data management efforts, which are currently divided among reporting teams.

Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. Get exclusive access to our survey of 677 corporate strategy executives.

Lloyds Bank Marks $4.1B for Digital Strategy

Bank Innovation

British bank Lloyds has put aside £3 billion ($4.1 billion) for digital development and growth, the bank announced today.

The Threat of Amazon’s Content Strategy

CB Insights

The post The Threat of Amazon’s Content Strategy appeared first on CB Insights Research Apple CEO Tim Cook railed against tech giants’ tightening grip on our data in a keynote speech yesterday.

Introducing Chicken McChoices: McDonald’s Gets Aggressive On Kiosk Strategy

PYMNTS

It has also had to shift strategies to keep up with competition from other QSRs — which is no longer just about the “burger wars” between McDonald’s, Burger King and Wendy’s , but has expanded to the breakfast hour as more chains crowd into the category that — for a while at least — set McDonald’s apart. So, it’s clear that these strategies can succeed — it just depends on the market. McDonald’s has not had an easy road.

Nuts and Bolts of Risk Management Strategy

Accenture

In my previous post we looked at the importance of crafting the right digitally-enabled risk management approach—a forward-looking strategy that helps encompass the rapid pace of technology change. Managing Risk Featured Risk management bank risk management risk management strategy

Building a strategy for CAT preparedness

Insights on Business

It also allows you to effectively measure trading strategies to see what is working and what isn’t. One of the most exciting and intriguing financial services regulatory dramas is playing out right before our eyes. Concern over regulators getting hacked.

Pricing Strategies And Product Introduction

Banker to Banker

Introducing a new product is always a head scratcher for bankers. How to price and how to create a promotional incentive are just two of the many difficult questions that bankers have to solve. For example, do you price a new service with annual fees or monthly fees?

Borderless Commerce — New Strategies To Drive Globalization And Crush Fraud

PYMNTS

Alisdair is a technology entrepreneur and brings nearly two decades of industry experience to his role leading product management and strategy for ThreatMetrix. Armen leads worldwide marketing strategy and execution for ThreatMetrix.

Clearing Up The Strategy Fog

Gonzobanker

Do you know the strategy of the bank or credit union that you work for? Self-deception regarding life’s realities is a great coping strategy. You’re not alone, and it’s really not your fault that you don’t know your firm’s strategy.

Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

In many cases, the stores have been slow to develop their own eCommerce strategies. Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. According to Frey, if an exchange rate shift of more than 10 percent would negatively impact a company’s PNL (profit and loss) or ability to generate revenue, then, regardless of size, that company should deploy an FX risk mitigation strategy.

Playing Chess With Amazon: Target’s Competitive Strategy

PYMNTS

Retail Amazon brick and mortar delivery distribution Drive Up ecommerce fulfillment Grand Junction integrated supply chain News Restock Retail Strategy Shipt TargetThey say it’s healthier to eat several small meals throughout the day instead of two or three big ones. Can the same logic be applied to shipments?

How Corporates Receive — And Revive — Investment Strategies

PYMNTS

Businesses today are extra careful about where they place their money — if they invest at all, that is. This week, we take a look at how companies are investing. In some cases, firms are investing in outsourced services to stay ahead of the competition. In other scenarios, it’s a business owner’s friends and family doing the investing. PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves.

Beyoncé’s Platform Ignition Strategy

PYMNTS

A t PYMNTS we get to see and comment on any number of ignition strategies for any number of platforms. And then there are those that forgot that free is not an ignition strategy, so just fizzle away. But this week , we observed an ignition strategy that was perhaps the most unusual and, quite possibly, one of the more brilliant examples of creative thinking around platform ignition. We would not recommend, however, the Queen Bey ignition strategy for most platforms.

Birchbox Realigns Expansion Strategy

PYMNTS

Makeup subscription service Birchbox is realigning its business strategy to get shoppers to buy more full-size and full-price products. “We are not in the business of selling people samples,” said Birchbox CEO and Cofounder Katia Beauchamp in an interview with Bloomberg. “That would be a really boring business.”

Amazon Tracker: Strategies And Partnerships Deliver

PYMNTS

Amazon has mulled an entrance to this market a number of times before, but now it is in the process of hiring a new general manager to actually come up with a strategy, meaning those talks could be a little more serious this time. Three Cheers For New Alcohol Delivery Strategy. In this week’s tracker, Amazon slowly spreads into trickier territory: prescription pharmaceuticals, smart glasses, and shipping alcohol (which is a logistical nightmare).

Walmart implements new ecommerce strategy

The Paypers

(The Paypers) Walmart has announced the implementation of a new strategy regarding items considered too far away from a customer’s shipping address

Facebook’s New Revenue Strategy: Messenger Ads

PYMNTS

Even an infinite scroll only generates a finite number of ad clicks. Facebook has just about maximized the amount of money it can make from people scrolling their newsfeeds, so the social media giant is shifting its ad placement focus to sister platforms WhatsApp, Instagram and most recently, Messenger. Despite a rousing success in Q3 of last year, with 4.67

WhatsApp Founder Leaves Company Over Facebook Data Strategy

PYMNTS

Jan Koum, who co-founded WhatsApp with Brian Acton, is leaving the company after disagreements over the messaging service’s strategy, as well as Facebook’s attempts to use its personal data and weaken its encryption. “It’s The co-founder of WhatsApp, a messaging service owned by Facebook , announced he is leaving the company.

TRENDING: An Inside Look At Applebee’s Mobile Order Ahead Strategy

PYMNTS

From QSRs to casual dining operations, restaurants are tapping into mobile ordering to capture busy customers with no time to dine in.

Trends 207

Fraud Strategies: The Contact-Free Dilemma

FICO

The right strategy depends on the individual financial institution and the market they’re in. The post Fraud Strategies: The Contact-Free Dilemma appeared first on FICO

3 banks’ fintech strategies

ABA Community Banking

Part One: Community bankers discuss going digital and its impact internally Technology CSuite Community Banking Fintech. 1Community Banking