Sat.Jul 31, 2021 - Fri.Aug 06, 2021

Amazon Adds Delivery Fee For Prime Customers Ordering From Whole Foods

PYMNTS

Amazon will be adding a delivery fee for customers on Prime shopping at Whole Foods , which shows the difficulty of the grocery market even for the world’s largest online retailer, according to Bloomberg. Shoppers were recently informed of a $9.95 service delivery fee for deliveries starting Aug.

Top Challenges and Hot Topics: Key Considerations for Today’s BSA/AML Professionals

Abrigo

Survey: Top Challenges and Trends for BSA/AML Professionals Abrigo's 2021 FinCrime survey benchmarks obstacles and trends for BSA/AML and fraud professionals. Want to see more results from the 2021 FinCrime Survey? Register for the webinar: Register Now.

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How to make empathy part of UK banks’ digital skillset

Accenture

In this short series of blogs I’m exploring how the behaviour of UK financial services customers has changed amid the pandemic.

How To 201

Robinhood $HOOD joins Fintech 50 Index at rank 19 based on a market cap around $32 billion

Daily Fintech

Fintech 50 Index is 50 publicly traded Fintech stocks ranked by market cap and has been incubated within Daily Fintech, the leading site for Fintech, Crypto and Insurtech trends & analysis.

Payment Optimization & PCI Solutions: Combining Offense and Defense With a Single Provider

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security and Matt Doka, Co-Founder and CTO of Fivestars

In this webinar, our esteemed panelists will discuss using Zero Data as the defense and payment optimization as the offense. A startup will have a well-rounded security approach that enables them to get to market sooner, grow their business faster, and minimize costs for both security and compliance.

In Canada, Basic Open Banking Just Got An Upgrade To ‘Open Finance’

PYMNTS

At a high level, as financial services firms prepare their post-pandemic exit strategies, they will continue to focus on improving customer engagement. They’ll need to, in order to keep those same super-digitized customers loyal. FinConecta CEO Jorge A.

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Rebeca Romero Rainey: Engaging with talent

Independent Banker

Photo by Robert Severi. The people we employ embody our banks, and the personal relationships our teams forge with our customers make us unique in the industry and keep our customers returning.

Stablecoin News for the week ending Wednesday 4th August.

Daily Fintech

Is human intervention good for Stablecoins? Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw a very interesting dynamic play out.

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FinTech Mercury Nets $120M Including Crowdsourcing

PYMNTS

Mercury , which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post , and has set aside $5 million to let users in the round as well.

The Libor Absurdity Continues

SWBC's LenderHub

"Each year, the Great Pumpkin rises out of the pumpkin patch that he thinks is the most sincere. He's gotta pick this one. He's got to. I don't see how a pumpkin patch can be more sincere than this one. You can look around and there's not a sign of hypocrisy.

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Carlyle to invest in Abrigo at $1 billion-plus valuation

BankInovation

Abrigo, an Accel-KKR-backed software provider for financial institutions, has secured an investment from private equity firm Carlyle Group Inc.

Prices Bounce Back and Crypto Population Hits 221 Million

Daily Fintech

On Friday, bitcoin’s price rose to $42,351.93. The cryptocurrency hit its highest price since May 20 and in the past seven days, the price of bitcoin increased by 23.2%. In the last week the price of bitcoin has broken the $40,000 mark on several occasions.

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Fed's Brainard: US Needs CBDC For International Use Cases

PYMNTS

Lael Brainard , governor of the Federal Reserve , has said there are a myriad of reasons to begin developing a central bank digital currency (CBDC), Reuters reported.

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Three Quick Tips for Delighting Your Account Holders

SWBC's LenderHub

There is a somewhat dated adage in business that it costs five times more to acquire a new customer than it does to retain an existing one.

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

Community Banking According to Andy

Jeff For Banks

I enjoy Twitter because of the relationship threads I have maintained, the good-natured jabbing among friends, and keeping abreast of news I would not otherwise read. One of my tweeps (Twitter friends), is Andy Schornack, CEO of Flagship Bank Minnesota, based in Wayzata.

Dynamic Pricing In Action: The Good, The Bad and The Beautiful

Daily Fintech

In “Is Pricing Innovation In Insurance a Zero Sum Game?”, consumers were more amenable to propositions based on evolving coverage types with dynamic pricing. Markets are pushing carriers to adopt pricing innovations.

NCR’s LibertyX Deal And The Marriage Between Banking And Bitcoin

PYMNTS

In a way, crypto companies are becoming the labradoodles of the financial sector. Everyone’s got to have one, the new status symbols of the digital age, a fashion accessory that complements traditional banking, done at the ATM or on the debit card. We’re joking, of course — but only a little.

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Market Commentary: Week of August 2, 2021

SWBC's LenderHub

Last Week. The highlight of the week was the July FOMC meeting and announcement. Importantly, there was some language change that acknowledged the continued progress made by the economy and that they are now actively looking at the data to decide when to begin tapering. Capital Markets

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

California community bank's bet on crypto pays off

American Banker

Bitcoin Cryptocurrencies

4-part series on Fintech and the Climate Crisis. Part 1: Capitalism caused the Climate Crisis and can fix it – good ‘cos there is no plan B. 

Daily Fintech

If you want a feel good post, click away. Both these problems cause a huge amount of suffering. The Plan B pitched by a few Silicon Valley billionaires of colonising Mars is hopium at best; Earth is were we all live. It is a Climate Crisis (not the nicer sounding Climate Change) and it is […].

Bitcoin Daily: Bitcoin Addresses Rise 30 Pct; Hall of Fame, Dolphin Team On Athlete NFTs

PYMNTS

The total number of Bitcoin addresses is up 30 percent as the most popular cryptocurrency has seen a network activity boost over the past week, FinanceMagnates.com reported.

Grayscale hires ETF head to convert biggest Bitcoin fund

BankInovation

The company behind the largest cryptocurrency fund is building out its ETF team, despite dimming odds that U.S. regulators will approve the structure this year.

How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.

OCC chief's climate focus riles GOP senator

American Banker

Senate Banking Committee OCC ESG Biden Administration Financial reform

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Career Profile: From Bank Marketing to Chief Diversity Officer

ABA Community Banking

Bank marketing skills and experience can inform and inspire professionals to take on new leadership challenges. The post Career Profile: From Bank Marketing to Chief Diversity Officer appeared first on ABA Banking Journal.

PayPal Puts Together Crypto Support Team In Ireland

PYMNTS

PayPal is building a "small team" of cryptocurrency experts in Ireland as the payments company increases customer offerings related to bitcoin and other digital currencies, Ireland's "Independent" newspaper reported.

Salesforce to acquire RPA vendor Servicetrace

BankInovation

Cloud-based software company Salesforce announced this week it will acquire robotic process automation (RPA) provider Servicetrace in a move that will boost Salesforce’s function-specific offerings, especially with regard to finance.

4 Data-Driven Steps To Drive Successful B2B Demand Generation

Fact: Good data lives at the core of every successful B2B demand generation strategy. Without quality data, it’s nearly impossible to identify and segment your target audience and create messaging that speaks to their values and interests. Whether you’re stepping into a new position or you’re new to demand generation, learning the tricks of the trade can be, well, tricky. In this eBook, you’ll discover how to improve your demand generation program—and your bottom line.