February, 2021

Virginia-based bank provides Bitcoin access at ATMs

Mobile Payments Today

Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency.

Nevada Gov Sisolak Wants Blockchain-Based Cities


Nevada Gov. Steve Sisolak has laid out guidelines for technology companies to develop whole cities based on blockchain, The Wall Street Journal (WSJ) reported. Sisolak's plan entails "innovation zones" which would let new cities run their own governments based on technology.

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Open Banking—Request to Pay’s potential to deliver huge value


With COVID continuing to impact economies and incomes across the world, there is a need for flexible and transparent payments solutions that put both payer and payee in control of their payments.

More than half of Square’s revenue now comes from bitcoin trading

Payments Source

The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency. Square Earnings Bitcoin

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.

SBA’s PPP Temporarily Closing to Firms With 20+ Employees


PPP Limits Applications to Small Firms Starting Feb. 26 for 14 Days. The goal is to reach the smallest and neediest firms, according to the SBA and Biden White House. Would you like others articles like this in your inbox? Takeaway 1 Starting Feb.

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More Trending

Online Shopping Trends: Mobile Payments Are Mighty

Mobile Payments Today

The holiday online shopping trend jumped from over 13% in 2019, to nearly 20% in 2020, according to Mastercard. Jordan Reynolds leads the e-Commerce and Marketplace verticals at Ekata. He shares data and insight on how 2020 may have changed shopping forever

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Facebook Mulls 2021 Launch Of Facial Recognition Glasses With Ray-Ban


A Facebook executive confirmed that the social media giant could release facial recognition glasses this year in partnership with Luxottica , the maker of Ray-Ban, Buzzfeed reported on Thursday (Feb.

Financial Services firms turn to data ethics to manage digital risks


In 2019, the California-based lender loanDepot made headlines when it managed to offer an end-to-end digital mortgage that closed in just 8 days, more than 80 percent faster than the 45-day industry average.1

SEC heat on Ripple gives MoneyGram pause, even as digital channel grows

Payments Source

With the SEC probing Ripple, MoneyGram sidelines its partner to nurture online operations, which hit a milestone by surpassing in-store Walmart remittances in December. Remittances Earnings Ripple MoneyGram Cryptocurrencies

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!

Countdown to CECL: A Timeline for Community Banks


Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . 2023 CECL Deadline? Steps to Take This Year WATCH Webinar. Takeaway 1 "Analysis paralysis" and the pandemic have put CECL on the backburner for many CFIs.

Buy Now Pay Later: Why Millennials and Gen Zs are crazy for split payment options

Mobile Payments Today

Buy Now and Pay Later has become a trend during 2020 and looks like, given the appeal it has for Millennials and Gen Z's it will be part of the payments industry in the future.

A note from the editor

Mobile Payments Today

This isn't an ending: it's a whole new beginning


BitPay CEO: Institutional Activity Creates New Era For Bitcoin


We’ve seen it all before, right? Bitcoin at $20,000 seems so … 2020. We’re at $50,000 now and counting, and 2021 is barely a month and a half old. And next month, it may drop. The month after that, it may swing up again.

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.

Sibos podcast: Top 10 banking trends for 2021


As the calendar turns to another , one of the things I look forward to is putting together my annual Top 10 Banking Trends report. It’s a chance to connect with colleagues and clients and reflect on what the year gone by means for the year ahead in the banking industry and then capture that….

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BNY Mellon sees a global role for banks to manage digital dollars

Payments Source

Governments are digitizing money, creating a need for banks to provide rails to connect consumers and central banks. Digital currencies BNY Mellon Cryptocurrencies

First Draw PPP Loan Increases: 5 Borrowers Who May Be Eligible


Qualifying for PPP Loan Increases Only certain borrowers may apply for more money tied to an earlier PPP loan. Beyond PPP: Use the momentum to grow your institution read the whitepaper. Takeaway 1 The PPP this round has more options for borrowers to request an increase.

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Examining ingredients of a successful mobile payments solution

Mobile Payments Today

With a robust and secure mobile payment solution, consumers are more likely to get on board and embrace mobile payment technology

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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.

Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation


In a mid-January conference call with analysts, J.P. Morgan Chase CEO Jamie Dimon told analysts that his firm, and other banks , should be scared “s—tless” by FinTechs.

LinkedIn And Zynga Founders To Merge SPAC With Flying Taxi Startup


Flying taxi developer Joby Aviation is getting some help from the blank-check company helmed by LinkedIn Founder Reid Hoffman , the Financial Times (FT) reported. A merger would value Joby Aviation at $5.7 billion.

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Building a benefits case for ISO 20022 migration


The time is now for every player in payments to begin their ISO 20022 migration, if it’s not already underway. As discussed in my previous post, the standard’s tipping point is rapidly approaching.

Amex offers restaurants a lifeline via National Trust for Historic Preservation

Payments Source

The organizations are working to deliver $1 million in grants to help some of the most treasured and vulnerable restaurants in the U.S. get through the pandemic. Corporate philanthropy American Express

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

How Diversified Revenue Streams Impact Ag Borrowers


Diversifying revenue streams With the recent impacts of COVID-19, ag and financial partners alike are turning their attention to diversified income streams for financial stability. You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. WATCH .

B2B payment trends to watch for

Mobile Payments Today

Josh Cyphers is the President of Nvoicepay, a FLEETCOR Company. For the past 20 years, Josh has managed successful growth for a variety of companies, from start-ups to Fortune 100 companies including Microsoft, Nike and Fiserv. He shares his thoughts on what trends will take the lead this year

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Bitcoin Daily: P2P Crypto Payments Platform Metal Pay Applies For Bank Charter; South Africa Revenue Service Auditing Crypto Holders; Klarna CEO Warns Against Execs Promoting Bitcoin Investments


Metal Pay , a U.S.-based based peer-to-peer (P2P) cryptocurrency payments platform, has filed for a national bank charter with the Office of the Comptroller of the Currency (OCC), CoinDesk reported. The bank would be named the “First Blockchain Bank and Trust, N.A.”

Square Doubles Down On Bitcoin; Generates $1.7 Billion In Crypto Revenue


At Square , it’s getting hard to separate bitcoin from dollars. The company’s fourth-quarter financials reported on Tuesday (Feb.

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.