Trending Articles

Safaricom Explores Using Its Mobile Payments Service On Amazon

PYMNTS

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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Managing Financial Risk in a Post-Pandemic Environment

Abrigo

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.

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Hackers using text messaging to target retailers

Payments Source

Retailers Cyber security

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XBRL News about sustainability reporting and European banking

Daily Fintech

Here is our pick of the 3 most important XBRL news stories from the last week. 1 IFRS consults on constitution and sets digital agenda for sustainability reporting A global sustainability standards setter is firmly on the way.

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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.

Questions to Ask Before Vendor Contract Negotiations

Gonzobanker

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

More Trending

Assessing Global Cash Flow Post Pandemic

Abrigo

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.

Safaricom in talks with Amazon about mobile payments

Payments Source

Amazon Mobile payments

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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 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.

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!

Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin

PYMNTS

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.

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

Abrigo

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

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.

Leave My Interchange Alone!

Gonzobanker

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.

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

PYMNTS

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

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Market Commentary: Week of May 10, 2021

SWBC's LenderHub

Last Week: In an action-packed week, the equity markets continued the big equity rotation trade where the high-flying “Big Tech” and “Fintech Disrupter” stocks lost more ground to value stocks, such as banks. A good example of the activity could be found in two Exchange Traded Funds.

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

Payments Source

Affirm Debit cards Digital payments Credit Earnings

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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.

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?

Excess Liquidity, Low Rates, and Branching. My Answers to Jeff Davis' Questions

Jeff For Banks

S&P Global Market Intelligence Principal Analyst Nathan Stovall recently interviewed Mercer Capital's Jeff Davis on the Street Talk podcast regarding the thorny banking issues of the liquidity glut, persistently (or perpetually?) low rates, and the branch costs millstone.

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The Rise of Ransomware as a Service

PYMNTS

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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How to Optimize Your Commercial Services Portfolio

Strategically Speaking

When it comes to optimizing your bank’s commercial services portfolio, where do you even begin? Imagine this scenario – you are the Treasury Officer at your local community bank attending the weekly management meeting.

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.

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

Payments Source

MoneyGram Bitcoin Cryptocurrencies

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.

The consumption response to borrowing constraints in the mortgage market

BankUnderground

Belinda Tracey and Neeltje van Horen. How is household consumption affected by borrowing constraints in the mortgage market? In a new paper , we answer this question by studying the UK’s Help to Buy (HTB) program over the period 2014–16.

Big US Banks Extending Credit To People Without Scores

PYMNTS

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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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.