New BNPL study raises concern about 'debt spiral'

Payments Dive

Some consumers are charging buy now-pay later installment payments to their credit cards, and that should serve as a "warning flag" to regulators, said three economists who authored the research paper

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Tips on Building Banking Trust From One of the World’s Most Trusting Markets

Accenture

It’s hard to overstate the importance of trust in banking—which makes the findings of our latest Global Banking Consumer Study concerning for banks. Uncategorized Banking consumer study COVID-19

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Study: COVID-19 Fraud Reaches $100M

PYMNTS

Maine led the pack, where monthly complaints of coronavirus scams and identity theft quadrupled from March through July, the study said. SocialCatfish.com, the identity verification nonprofit, reported U.S.

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The Digital Customer is Here to Stay – Five Principles to Keep Them Engaged

Accenture

And I drew on the UK findings from our Banking Consumer Study: Making digital more human to examine the….

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Five Key Takeaways From PYMNTS’ BNPL Study

PYMNTS

According to PYMNTS’ new study, Buy Now, Pay Later: Millennials and the Shifting Dynamics of Online Credit , which surveyed nearly 15,000 U.S. BNPL may not be widely used today compared to other online payment options, but the same cannot be said for BNPL’s market potential, the study said.

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Understanding Your Core Deposit Study: Reading Between the Lines

Abrigo

How to get the most out of a core deposit study. Takeaway 2 Understanding the key outputs of core deposit studies helps management develop deposit management strategies through pricing. Core Deposit Study Results. An outdated core deposit study means missed opportunities.

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Study: 69 Percent Of Consumers Say They Want Subscription Bundles

PYMNTS

Th e study also found that consumers with the most subscription plans more commonly prefer subscription bundles. Subscription bundles are making a comeback, especially as consumers spend more time at home under lockdown measures as the number of COVID-19 cases continues to rise.

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XBRL News about case studies, structured data and Oman

Daily Fintech

The post XBRL News about case studies, structured data and Oman appeared first on Daily Fintech. XBRL case study Oman SEC xbrlHere are the three most relevant developments in the world of structured reporting we became aware of in the course of last week.

Study: Manual AR Processes Slow Payments Collection By As Much As 67 Percent

PYMNTS

This is the key takeaway from a study of 2,203 small to large businesses representing a variety of sectors. B2B Payments accounts receivable American Express automation B2B Payments Innovation Readiness Playbook DSO Invoices Main Feature News PYMNTS Study

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How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Telekom Slovenije Google Play & Fortumo case study

Payments Dive

Telekom Slovenije Google Play & Fortumo case study: doubling Google Play spend limits

Case Studies in Loan Restructuring

South State Correspondent

We have been writing on the various strategies available to community banks when structuring commercial loans in this current challenging business and credit environment.

Singapore Case Study: One Wallet. Multiple Uses.

Payments Dive

This case study focuses on how Telepin was able to help a large Signapore telecommunications company provide mobile financial services to an economically diverse clientel

New Healthcare Study: Emergency Intervention Needed For Patient Payments, Experiences

PYMNTS

Some study findings have a way of leaping out, like this one: The Healthcare Payment Experience Report found that nearly two-thirds of patients want access to payment plans. Healthcare Editors' Picks Healthcare Payment Experience Report News payments PYMNTS Study Rectangle Health

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Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

Study Reveals Consumers’ Mobile Shopping Behaviors

PYMNTS

However, according to the Remote Payments Study conducted by PYMNTS in September 2018, behavior habits are shared by consumers based on income, age and gender. Mobile Commerce consumer behavior mcommerce Mobile Payments Mobile shopping News Payment Methods Remote Payments Study Retail SmartphonesConsumer dependence on smartphones is often derided as a distraction, but they have also become a vital mobile shopping and buying tool – whether in-store or from a living room sofa.

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FIs Expect Cybersecurity Spending To Increase In 2021, Study Finds

PYMNTS

And in another recent study, J.P. Financial firms expect that the cost to defend against cyberattacks will continue to increase in 2021, according to Bloomberg , citing a survey done by Deloitte & Touche LLP.

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PYMNTS Study Tracks COVID-19 Changing Life In America

PYMNTS

The first study in the series went into the field on March 6-7 and revealed that the public had moved with greater speed than government health officials by engaging in protective behavior that was more stringent than official guidance in the early weeks.

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Study Shows Americans Struggling As Savings Dry Up

PYMNTS

University of Chicago economist Peter Ganong studied the data and told the New York Times that American are surviving on the leftover crumbs from the CARES Act as the country heads into the holiday season and winter weather.

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5 Essential Pieces of a Prospecting Solution

As organizations chase new revenue targets, B2B sales leaders must examine cutting edge prospecting solutions that proactively help reps identify, connect with, and close qualified buyers faster. This eBook aims to help B2B sales leaders better understand the five essential features your prospecting solution must include.

New Study Shows Retailers Are Stepping Up For Safety

PYMNTS

With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to accommodate consumers’ concerns. The PYMNTS studies suggest that the 90-day estimate may be conservative.

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PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic

PYMNTS

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019.

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Finding the Human Touch in an Increasingly Digital World

Accenture

As our recent Global Banking Consumer Study found, the pandemic has driven a huge shift towards digital interactions in every market. The spike in demand for digital banking experiences caused by the COVID-19 pandemic has already reshaped the global banking industry.

FSS Digital Banking Case study

Payments Dive

Engaging customers over digital channels has become table stakes in financial services, A leading bank in India has deployed Mobile Pay, our Digital Banking Solution, to build an expansive partner ecosystem to engage customers and achieve services differentiation

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Case Study - West Suburban Bank

ATM Marketplace

Read our case study on how West Suburban Bank increased ITM/ATM uptime and availability with service and support

Fed Study: Wholesale Payments Vulnerable In Bank Cyberattack

PYMNTS

In the scenarios offered in the study, one assumption is that an attacked institution receives payments but is unable to send them for a single full day. Safety and Security cyberattacks Cybersecurity Editors' Picks federal reserve News report study wholesale payments

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Study finds mobile surpasses PC enrollments

Bank Innovation

According to a study from IDology, an identity verification and fraud prevention company, 61% of Americans used a smartphone to enroll in some sort of an account this year, while 56% used a computer or laptop. The study also found a 19% jump […]. Mobile enrollments made some major leaps this year, surpassing even computer enrollments.

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EasyPark & Fortumo case study: carrier billing for mobile parking

Payments Dive

This case study looks at how Europe’s leading provider of digital parking services EasyPark implemented Fortumo’s carrier billing platform to collect payments from drivers

Your Guide to Using Conversational Marketing to Drive Demand Generation

What is conversational marketing really about? This guide will examine the market forces at play, shifting buyer trends, how to leverage conversation marketing, and the tactics involved in adopting it for a B2B demand generation strategy.

Brainard says Fed studying potential for US digital currency

Bank Innovation

central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard. The U.S.

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Aftonbladet & Fortumo case study: direct carrier billing for digital publishers

Payments Dive

This case study looks at how Aftonbladet (part of Schibsted Media Group) uses telco solutions for subscriber and revenue growth

Study: The 12 Features That Have Helped Restaurants Make 2020’s Digital Shift — And Drive Sales

PYMNTS

Restaurant innovation curbside pickup customer engagement delivery Innovation loyalty Main Feature Mobile ordering News Paytronix PYMNTS Study QSRs RESTAURANT READINESS INDEX Restaurants rewards programs

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Study Puts Values To Online Data, Privacy

PYMNTS

A study of how consumers in different nations value their personal data found that German users of Facebook would want the company to pay them roughly $8 a month for providing their contact data. The study found a tech platform would need to pay consumers $8.44

Study 137

Banking Trade Group Urges CFPB to Further Study Overdraft Use

Banking Exchange

Follows December’s overdraft report from bureau which considered additional policy guidance Compliance Feature Duties Feature3 Consumer Credit Customers People Compliance Management Credit Risk Compliance/Regulatory. 1Compliance

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