2020

When the banks closed, no-one cared

Chris Skinner

A great headline posted in The Financial Times the other day: When the banks closed in Wuhan, nobody cared The Financial Times article makes clear how advanced the Chinese economy is today.

Adjust report identifies 3 trends in mobile finance to keep an eye on

Mobile Payments Today

As mobile finance takes up an ever-more central part of our daily lives, understanding the benchmarks and trends from within this fast growing vertical is more vital than ever.

Trends 386

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Why ISO 20022 is a seismic shift for payments

Accenture

There’s no two ways about it: ISO 20022 is a complex new standard for financial services firms of every description. Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities.

BofA integrates digital SMB tool with third-party platforms 

Bank Innovation

Bank of America is enhancing the capabilities of its digital cash management tool for small businesses, Business Advantage 360, by integrating with third-party platforms, including QuickBooks, Run Powered by ADP, G Suite by Google Cloud and Google Analytics. “Businesses go out of business many times because they don’t manage their cash flow properly,” said Sharon […]. Carousel Corporate Banking Customer Experience Product Design ADP Bank of America BofA Business Advantage 360 QuickBooks

Tools 239

5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.

Combining Satellite Imagery and Machine Learning In Banking

Banker to Banker

In the last five years, one of the new disciplines in banking that has emerged is the combination of machine learning and satellite imagery to gather bank intelligence on fraud, credit, and bank marketing.

Fraud 306

More Trending

Trepp’s Review and Outlook on Commercial Real Estate Market

Abrigo

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. The overall CMBS delinquency rate in September declined from a near peak rate earlier this year.

COVID-19, digital payments and the future of cash

Mobile Payments Today

The COVID-19 pandemic has accelerated the use of digital payments and moved the debate over a cashless society to a near-term consideration

Can blockchain transform cross-border payments?

Mobile Payments Today

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments

Cashless shouldn't leave underbanked behind

Mobile Payments Today

Cash and digital payments shouldn't be mutually exclusive, according to Steve Villegas, VP of Payment Partnerships, North America at PPRO. He shares his thoughts on how COVID-19 has impacted cashless society and why it shouldn't leave behind the unbanked

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!

3 keys to understanding blockchain

Mobile Payments Today

Blockchain technology can be very difficult to understand, but it doesn't have to be. You just have to grasp three basic key facts

What’s the impact of coronavirus on FinTech?

Chris Skinner

Someone asked me what the coronavirus pandemic means for the future of FinTech. I guess they thought that not much is happening and many firms will shutter and close.

The great digital migration: 78% of consumers are changing payment methods

Mobile Payments Today

Visa's Back to Business global study reveals small businesses and consumers, from around the world, that may initially been reluctant to adopt digital technology are now embracing it. But will this digital landscape remain in place for the future

Study 355

A how-to guide for monetizing Open Banking

Accenture

In my last post, I shared the two emerging business models that are powered by Open Banking: banking as a platform and banking as a service. The future of any Open Banking offering will depend on the value it provides or the monetization options it creates.

How To 329

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Digital-only financial institutions avoid leveraging pandemic fears 

Bank Innovation

The novel coronavirus may be closing bank branches nationwide, but some digital-only financial institutions are trying not to exploit consumer fears. Being a branchless bank is part of who we are, but we don’t want to resort to scare tactics,” said Nicole Lorch, chief operating officer at First Internet Bank. The Fishers, Ind.-based based bank, which […].

Here is the Biggest Problem Banks Face with PPP Forgiveness Processing

Banker to Banker

There is no surprise that you can only do so much when it comes to educating PPP borrowers.

Video 319

Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal

PYMNTS

African FinTech Chipper Cash has landed a whale of an investor. Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital.

FinTech challenger and neobanks in Brazil

Chris Skinner

I stumbled across a great article about Brazilian neobanks the other day. Bearing in mind that Nubank is the most successful neobank in the world, with 25 million users at the start of June.

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.

COVID-19 is the perfect time for mobile payments

Mobile Payments Today

With COVID-19 causing customers to turn up their masked noses to cash, the time is now for mobile payments to take the world by storm

Mobile 351

What's on the horizon for B2B payments?

Mobile Payments Today

B2B payments have gone through major changes in the past couple of years, and COVID-19 has only sped up that process.

Pay-by-Nose, a new innovation

Chris Skinner

I blog regularly about what a fanboy I am of Chinese technology giants Alibaba and Tencent. It’s getting a bit ridiculous now however, when payments companies are designing payments for cats and dogs … or maybe it’s not … it’s just an extension of technologies that work for humans.

Covid-19: The digital acceleration it caused that no one saw coming

Mobile Payments Today

Steve Villegas, VP of PPRO takes a look at an unexpected result that has come from the coronavirus pandemic: an increase in e-consumers, including older shoppers that have now embraced the digital world

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Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

Creativity and innovation will be the post-pandemic keys to customer retention

Mobile Payments Today

Once the world has transitioned into a post-pandemic phase, businesses that realize health and safety will still be paramount to customers will be the ones determined to find creative and innovative ways to maintain and retain customers

The advantages of blockchain over traditional payments

Mobile Payments Today

By eliminating middlemen, cross-border blockchain payments can result in even faster transfers while significantly reducing costs for both merchants and customers

Open Banking: The right KPIs for business value

Accenture

In my last post, I talked about the importance of identifying and measuring the right key performance indicators (KPIs) to track the success of Open Banking initiatives.

Bank of America gained 418 technology patents in 2019

Bank Innovation

Bank of America obtained more patents last year than any other year in the history of the company. In 2019, company obtained 418 patents, a 31% increase over the prior year. According to the bank, patents protect the bank’s tech investments. “Patents are not always about excluding others from using [the technology]; oftentimes, patents are […].

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.