Sat.May 08, 2021 - Fri.May 14, 2021

The Rise of Ransomware as a Service


After years of forecasts of such an event, cybercriminals finally grabbed a vital piece of in infrastructure that they are refusing to unhand until someone pays them. The cybercrime gang known as DarkSide has reportedly shut down a vital U.S.

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Embracing Real-Time Payments


The past 12 months have accelerated the trend of moving consumers away from cash and more towards digital and contactless payments. With the pandemic having blurred the lines between people’s professional and personal lives, this consumer preference has also had a similar affect in the


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Assessing Global Cash Flow Post Pandemic


The What, When, and How of Global Cash Flow While many institutions have already implemented global cash flow, are they using it effectively in the post-pandemic world? You might also like this webinar on assessing global cash flow. WATCH.

Hackers using text messaging to target retailers

Payments Source

Retailers Cyber security

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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.

Safaricom Explores Using Its Mobile Payments Service On Amazon


Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon ’s eCommerce platform, Bloomberg reported. The move comes out of Safaricom’s global expansion efforts to recover from its first profit decline in 10 years, according to the report. “M-Pesa

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More Trending

Managing Financial Risk in a Post-Pandemic Environment


Align inputs, outputs, and teams for risk optimization. How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. WATCH ON-DEMAND.

Safaricom in talks with Amazon about mobile payments

Payments Source

Amazon Mobile payments

Mobile 115

IBM Debuts Cloud, AI Services In Bid To Modernize Business


IBM is rolling out new advances in artificial intelligence (AI), hybrid cloud and quantum computing, which will help “its clients and partners accelerate their digital transformations, return to work smarter and build strategic ecosystems that can drive better business outcomes,” according to a press release.

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Is bitcoin Revolut’s path to profitability?

Daily Fintech

Neobanks and digital wallet providers like Revolut, Paypal, Robinhood and Square are already offering cryptocurrencies on their platforms. Millions of potential bitcoin buyers get access to crypto markets via PayPal, Robinhood, Square’s Cash App and Revolut.

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!

What Basic Functions Should My Loan Origination System (LOS) Perform?


Features of a Commercial LOS What basic functions should a loan origination system complete? What should an LOS vendor provide? . You might also like this Aite Group report on LOS vendors. DOWNLOAD.

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Payments innovation is key to bridging the financial gender gap

Payments Source

Fintech Digital payments Financial inclusion Gender Equality

Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin


The Diem Association , a nonprofit with strong ties to Facebook , has moved its main operations to the United States from Switzerland, according to a press release.

Alt lending Week ended 14th May 2021

Daily Fintech

Companies to borrow £ 7 billion less this year as UK economy rebounds New figures out from Leading accountants Ernst and Young suggest that companies will be borrowing less this year as the UK economy bounces back strongly.

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.

Questions to Ask Before Vendor Contract Negotiations


Successful contract negotiators know when to hold ’em and when to fold ’em.

Can Affirm's growth keep it ahead of PayPal, Afterpay?

Payments Source

Affirm Debit cards Digital payments Credit Earnings

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Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back


Bad actors leverage a bewildering variety of schemes, including ATOs, credential stuffing and phishing, against merchants.

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Stablecoin News for the week ending Wednesday 12th May.

Daily Fintech

Private sector or Public? Here is our pick of the 3 most important Stablecoin news stories during the week. This week’s stories seem to have a common theme, should we just have Public sector built and managed money or should we allow the Private sector in?

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.

The Jack Henry Approach to Openness

Strategically Speaking

About two years ago, I sent a letter to bank and credit union CEOs and Presidents conveying what open banking is and what it means to Jack Henry. Since that time, the demand for improved digital experiences, centered around the needs of customers and members, has made open banking essential.

MoneyGram, Coinme to allow bitcoin to be traded for cash in person

Payments Source

MoneyGram Bitcoin Cryptocurrencies

Big US Banks Extending Credit To People Without Scores


JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. banks working on a government initiative to get credit into the hands of people with no or low credit scores, The Wall Street Journal reported on Thursday (May 13), citing sources.

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This Week in Fintech ending 14 May 2021

Daily Fintech

This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives.

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.

Leave My Interchange Alone!


The Fed’s proposed change to the Durbin Amendment could mean big losses in payment card interchange income for financial institutions. This week marks the 10 th anniversary of the Durbin Amendment (Regulation II) to the Dodd-Frank law that went into effect on Oct. 1, 2011.

Fraud shifts to mobile, loyalty in 2020

Payments Source

Fraud detection Payment fraud

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FedEx Launches eCommerce Learning Program For SMBs


FedEx has launched a program to help small- to medium-sized business (SMB) owners develop or expand their eCommerce operations in the wake of the pandemic, according to a press release.

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DeFi Part 2 Investor Beware says Eeyore

Daily Fintech

At a decentralised conference entitled The Pooh Corner Debate on DeFi, Eeyore kicked off (having won the coin toss) by pointing out 7 points that investors considering DeFi should think about: Blockchain transactions are irreversible and unregulated.

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.