Sat.Feb 27, 2021 - Fri.Mar 05, 2021

Square’s Utah Bank Now Open For Business


Square is now operating its state-chartered industrial bank , Square Financial Services, in Utah after the state’s Department of Financial Institutions gave it the green light, according to a press release emailed to PYMNTS. Square submitted its application back in September 2017.

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Request to Pay—a growing global trend in payments


In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place.

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FinCEN Red Flags for Economic Impact Payment Fraud


New relief may escalate EIP criminal activity. While the typologies of EIP fraud are not new, FinCEN has provided examples of trending types of EIP-related criminal activities. . Would you like other articles like this in your inbox?

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Inside Dwolla's efforts to find a formula for faster payments

Payments Source

Building the processing tech was the easy part. Finding the right mix of users and transactions posed many challenges. Mobile payments Faster payments

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.

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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More Trending

Commercial Credit Analysis 101: Back to Basics


The basics of commercial credit analysis Learn the foundations of credit analysis, including key data analysis strategies and best practices. . For more information on the basics of credit analysis, check out this webinar: WATCH NOW.

Interchange to rise in April, but card brands offer an olive branch

Payments Source

The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further. Interchange fees Network rules

Walmart Will Invest $350 Billion To Advance American-Made Goods


Over the next decade, Walmart said it will spend $350 billion on merchandise made, grown or assembled in the U.S., according to a Wednesday (March 3) company post by President and CEO John Furner.

Working With Borrowers When Rates Rise

Banker to Banker

Capital markets move quickly, and last week the 10-year Treasury yield did not just increase, but it increased by almost 20 basis points in one day. Many pundits and economists will be writing about the cause and impact of rising rates. They will note how the market is now pricing interest rate hikes by the end of 2022 and how inflation is expected to accelerate on the back of fiscal stimulus

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!

4-parter on Coinbase “IPO” – Part 1 = 5 Reasons Why It Matters

Daily Fintech

Coinbase is a US Regulated On Ramp to a global unregulated/permissionless network. If you live in America and are new to crypto, head over to Coinbase. It is regulated and easy.

Merchants must cater to the distracted shopper

Payments Source

The post-pandemic world requires serving multitasking consumers. exec and Card Forum: Contactless presenter Bradley Riss discusses how that works in a preview of our virtual conference. Contactless payments Digital payments

Bitcoin Is Catching The Eye Of Wall Street — Time To Worry?


It’s never easy to call the top of, well, anything in any market. Name it: art, baseball cards, certainly not stocks, bonds or housing. But then again, things are looking a bit lofty for bitcoin, at least insofar as sentiment is concerned, possibly signaling some speed bumps ahead.

Rebeca Romero Rainey: The power of our stories

Independent Banker

Our marketing efforts as community banks often center on the stories we tell, and they resonate because they unveil the beauty of our joint community experience. The art of storytelling began as a way to solidify cultural history and preserve details for future generations.

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.

Is Pricing Innovation In Insurance A Zero Sum Game?

Daily Fintech

Pricing is no longer the cost-plus game in insurance it used to be. Insurers wrestle with demands of better and more agile pricing to stay competitive amid technology fueled market dynamics.

The cloud revolution is just the start for B2B payments

Payments Source

The mass shift to remote work has blurred lines between consumer and business pay, creating a greater push for digitization, says Billtrust's Justin Main. Cash management B-to-B payments Payment processing

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Report: PayPal Might Buy Digital Currency Startup Curv


PayPal is in discussions to buy cryptocurrency storage upstart Curv , Bloomberg reported. The discussions are in their nascent stages and might not end up leading to a deal, Bloomberg reported, citing an unnamed source. Curv, which is headquartered in the Empire State, was established in 2018.

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BNY Mellon Enters Digital Assets Arena as Interest Grows

Banking Exchange

Development comes amid controversy over new digital banking licenses Technology Financial Trends Feature3 Feature Fintech Blockchain. 1Technology

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.

How this Bitcoin bull market will end and the next one will start. 

Daily Fintech

No I do NOT know the timing or how far each bull market will go. Sorry. Anybody who tells you they can probably also has a bridge to sell you. I can tell you how this Bitcoin bull market will end and the next one will start. This Bitcoin bull market will end with two […].

Ripple founder funds upgrades in San Francisco small-business zones

Payments Source

Chris Larsen, co-founder and former CEO of the payments company, is donating $1.7 million to help merchant associations improve the city's lighting, crosswalk markings, sidewalks and trash receptacles. Fintech Ripple

Citi’s Kohli: Corporates And Banks Experiment To Drive Digital Business Models


Treasurers met the immediate disruption of the global pandemic last year with a sudden demand for digital solutions from their banks.

Market Commentary: Week of March 1, 2021

SWBC's LenderHub

Last Week: Last week marked the return of the mythical “Bond Vigilantes!” Sparked by continued improving news on the vaccine front (Johnson & Johnson fast-tracking a third effective COVID-19 vaccine), the nearing of the Democrats $1.9

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.

Stablecoin News for the week ending Wednesday 3rd March.

Daily Fintech

Who are the innovation leaders? Here is our pick of the 3 most important Stablecoin news stories during the week. As we enter this new age of Digital Currencies, who are the leaders?

Klarna valued at $31 billion after U.S. growth stoked investors

Payments Source

Klarna Bank said it raised $1 billion at a valuation of $31 billion, triple the price investors gave the Swedish payments firm during its last funding round, following rapid growth in its U.S. business. Digital payments Klarna

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QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company


As artificial intelligence (AI) capabilities progress, quick-service restaurants (QSRs) are using the technology to refine every step of the process, including marketing, menu offerings, operations, signage and more. Now, Yum! Brands, Inc. is taking control of its technology.

Negotiating nationalisation


Austen Saunders. 1 March 2021 was the 75th anniversary of the Bank of England’s nationalisation.

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.