Thu.Dec 03, 2020

Digital-First App Usage Spells Future Of The Connected Economy

PYMNTS

The pandemic has significantly altered the way consumers of all age groups and income levels shop and pay, with many turning to online and mobile channels to reduce health risks.

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XBRL News from Threadneedle Street and Indonesia with SPACs

Daily Fintech

Here is our pick of the 3 most important XBRL news stories this week. 1 Bank of England greenlights XBRL with Green Notice DSD is planning to move the collection of statistical data to the Bank of England Electronic Data Submission (BEEDS) portal.

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Why The Future Of Corporate Banking Is All About Connectivity

PYMNTS

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies.

Nominations open for The Most Influential Women in Payments, 2021

Payments Source

PaymentsSource is proud to recognize the Most Influential Women in Payments, spanning multiple industries including financial services, retail, investment and technology. Women in Payments

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.

Debit and Credit Usage Stage Friendly Battle For Holiday Spend

PYMNTS

After the year we’ve seen so far, uncertainty is probably just about the last thing the retail segment wants as a holiday present for 2020.

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More Trending

B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction.

Manage Third-Party Risk in Your Cybersecurity Strategy with These 3 Tips

Strategically Speaking

Third-party vendors play a significant role with community financial institutions (FIs), enabling banks and credit unions to deliver essential products and services to consumers. Third-party vendors can be indispensable but they can also be a weak link in your cybersecurity strategy.

Mastercard: COVID-19 Is Prompting Treasury Banks To Prioritize Digital Payments

PYMNTS

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money.

TBT: A financial institution could learn a thing or two from a Harley rider

Matt Wilcox Pro

Here’s a thought for moving forward: Not just frequency, but loyalty ONE FINE DAY amid the airline deregulation of the early 1980s, a visionary at American Airlines reasoned that it would cost nothing—and might just earn goodwill—to give unsold seats to frequent customers.

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!

COVID Vaccine Adoption Creates New Class Of Influencer

PYMNTS

Boris Johnson gets his COVID vaccine in public. Three U.S. presidents agree to do the same. The CEO of American Airlines takes his beleaguered 737 Max jet on a maiden voyage. All of it begs the question: What makes for being a good influencer as 2020 comes to a close?

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Green Dot's journey from prepaid plastic to digital banking

Payments Source

Michael Moeser, senior analyst at PaymentsSource, talks to Brandon Thompson, EVP at Green Dot, about the drastic changes its audience has faced over the course of 2020. Digital banking Prepaid cards Green Dot PayDirt

Got $25 Million? Six Payments Execs Share Their Post-Pandemic Startup Ideas

PYMNTS

Catastrophe breeds innovation — at least in terms of new business concepts. But capital brings those concepts to life.

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X9 forms real-time payments study group

Payments Source

The Accredited Standards Committee X9 is forming a group to study faster and real-time payments activity in the financial industry and eventually recommend new X9 standards and upgrades that would enhance interoperability and adoption. Real-time payments Compliance

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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.

Touchless Payments Come To Healthcare (Finally)

PYMNTS

Having a customer’s credit card on file or being able to take payments online is a common practice for many retailers.

Stripe's new bank partners open many more doors into financial services

Payments Source

Stripe’s technology, which enables millions of merchants to easily accept payments online, also provides a window into the broader money-management pain points of the businesses it serves — and it is through this window that Stripe sees a path for growth. Acquirers B-to-B payments Payment processing Stripe

Mobile Payments Start A Revolution in Corporate Cards

PYMNTS

Might mobile payments help revolutionize corporate cards?

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Central bank currencies need public chains to spur innovation

Payments Source

By allowing access to public chains, CBDCs could render much greater, and even revolutionary, functionality, says Cypherium's Sky Guo. Central banks Digital currencies Blockchain Digital payments China

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.

Kroger Grows Business With 108 Pct Boost In eCommerce Sales

PYMNTS

Grocery giant Kroger Co. had signaled that its third-quarter 2020 report would deliver excellent earnings. And when the company released its Q3 results on Thursday (Dec. 3), it did highlight that its online sales shot up 108 percent.

MagicCube's mobile POS terminal software completes Visa security eval

Payments Source

Less than two months after launching a software-based model to replace traditional point-of-sale terminals, MagicCube has received a security compliance allowance from Visa for the mobile-driven system. Mobile point-of-sale Network rules Visa

Argentina FinTech Ualá Debuts Mobile POS For SMBs

PYMNTS

Argentinian mobile payments company Ualá , bolstered by heavyweight investors, is expanding into merchant services, according to Bloomberg. The investors include George Soros, Steve Cohen and Tencent Holdings. On Thursday (Dec.

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Capital flights during Covid-19

BankUnderground

Fernando Eguren-Martin, Cian O’Neill, Andrej Sokol and Lukas von dem Berge. While planes were grounded, capital flew out of emerging market economies in response to the acceleration in the spread of the virus in the early stages of the Covid-19 pandemic.

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.

UPS, FedEx Take Different Star Turns As Holiday Shipping Crisis Accelerates

PYMNTS

The holiday shopping season is becoming the holiday shipping season. What was in previous years a minor inconvenience (late holiday gifts) is now the star of the show as UPS and FedEx take center stage as key players in the highly pressured digital-first economy.

Brick and mortar's pandemic workarounds can counter digital supply-chain gluts

Payments Source

It won’t be enough for retailers to have a physical store presence or a solid e-commerce strategy without also incorporating a comprehensive communication plan, says Criteo's Tim Rogers. Digital payments Payment processing Merchant E-Commerce

Young Shoppers Like BNPL For Black Friday Clothing Purchases

PYMNTS

New consumer data from PYMNTS shows 3.7 percent of Black Friday online shoppers used flexible buy now, pay later (BNPL) credit offers to pay for their purchases.

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As crypto's spotlight grows, a bitcoin ATM maker looks to pounce

Payments Source

Cryptocurrency is cooking with a fall rally and lots of attention from recognizable companies like Square and PayPal. For Daniel Polotsky, any good news for bitcoin is welcome. ATMs Bitcoin Cryptocurrencies

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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.