Payments Dive

SEPTEMBER 11, 2020

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

blockchain 489

blockchain Technology 489

Accenture

SEPTEMBER 11, 2020

What drives change in an industry? Businesses? Consumers? Government regulations? In the case of touchless payments in the United States, change has mostly moved at a glacial pace—until COVID-19. Touchless payments have expanded rapidly in countries throughout the world—and the benefits are significant—so why did it take a global pandemic to move the needle in….

US 288

US United States Payments Regulation 288

Payments Source

SEPTEMBER 7, 2020

Biometric cards have garnered more attention in recent times through various trials, but the coronavirus pandemic looks set to accelerate their adoption with a series of major card issuers beginning to roll out the technology.

Cards 217

Cards Payments Technology 217

Perficient

SEPTEMBER 9, 2020

As an avid at-home cook and lover of food, the office potluck always brings me great joy. I love when I can try other colleagues’ favorite things to cook and share mine as well. However, this year office potlucks have gone on hold and so has that connection. Provisioning Virtually. With everyone working from home, our colleagues in Chicago wanted to provide a way that they could stay connected with each other.

Chicago 449

Chicago Community Training Company 449

Advertisement

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Groups

PYMNTS

SEPTEMBER 9, 2020

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). In a Wednesday (Sept. 9) news release, Mastercard said a recent survey revealed 80 percent of central banks are engaged in some form of CBDCs, while 40 percent have moved from research to experimenting with concept and design, according to by the Bank for International Settlements.

cryptocurrency 330

cryptocurrency Regional Survey blockchain 330

Bobsguide

SEPTEMBER 7, 2020

As the new generation of customers increasingly relies on tech, expectations from the services that banks offer are also expected to change – particularly as Gen-Z and millennials focus in on financial wellbeing. “Gen Z and new consumers in the marketplace want to put so much trust.

Millennials 169

Millennials 169

Perficient

SEPTEMBER 9, 2020

Calling all manufacturers! Come join us for a candid conversation with experienced manufacturing leaders on Thursday, September 10. Hosted by industry veterans Tony Kratovil from Salesforce and Eric Dukart from Perficient, this virtual roundtable event will dive into what’s top of mind in the world of manufacturing and how companies with indirect sales channels can set their dealers and distributors up for success.

US 449

US National Trends Strategy 449

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. In an interview With Karen Webster, Craig Dixon , general partner and CEO of Accelerating Asia , an independent startup accelerator based in Singapore, said helping startups scale and navigate the VC realm requires a focus on tel

Capital 298

Capital Regional United States Meeting 298

Payments Source

SEPTEMBER 11, 2020

American Express Co. began reopening offices in New York and London this week even as it told employees that they can continue working from home through June 2021 if they wish.

New York 160

New York 160

Advertisement

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

Community Bank

Bobsguide

SEPTEMBER 10, 2020

Federal data protection standards must be created to allow open banking to take off in the US, said Abishek Gupta, head of BBVA Open Platform, BBVA during a Fintech Talents North America panel yesterday. “I agree there has to be some minimum standards across all of those principles to.

US 154

US Data America Fintech 154

Perficient

SEPTEMBER 9, 2020

People have been talking about content marketing for years. Creating web pages that generate leads and help move clients through the buyer’s journey can produce bottom-line results and be more cost-effective than advertising or other paid methods. The effects of good content marketing can be long-lasting, offering ongoing engagement while other tactics capitalize on shorter-term opportunities.

Google 429

Google social media Branding Marketing 429

PYMNTS

SEPTEMBER 8, 2020

Amazon put a new date on the calendar last week. No it’s not Prime Day. But it has told its sellers that “Black Friday” deals will start on Monday, Oct. 26, leaving the rest of the retail world to read the tea leaves on Amazon’s Q4 plans. According to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will start and run through Nov. 19.

Retail 270

Retail Video Operations Industry 270

Payments Source

SEPTEMBER 11, 2020

Citi has teamed with home furnishings giant Wayfair on a pair of credit cards—one cobranded with Mastercard and a private label version—capitalizing on the pandemic-accelerated e-commerce boom.

Capital 160

Capital Cards 160

Advertisement

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

Lending

BankBazaar

SEPTEMBER 9, 2020

When it comes to financial mistakes, the devil lies in the habits. Luckily, you can get rid of them for good. Read on to find out how. Identifying bad financial habits is a tough task, because they’re never ‘in-your-face’ Unlike the one-off errors that we all make at some point and time, habitual errors aren’t easy to spot in your bank statement or credit report; they’re systemic in nature, and like any other bad rule, they require a revolution to overcome.

Cards 138

Cards Report Strategy US 138

Perficient

SEPTEMBER 10, 2020

How will you spend your COVID-19 bonus? No, not a fatter paycheck (sorry). I’m talking about the additional resources your CFO may be freeing up for new digital initiatives. A survey of U.S. executives by Duke’s Fuqua School of Business shows that due to pressures brought on by the COVID economy “nearly 2/3 of companies are shifting resources to create better digital interfaces and more engaging digital experiences.”.

Digital Strategies 405

Digital Strategies Strategy Customer Experience Leadership 405

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. JPMorgan ’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz , told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization and move from physical to virtual accounts.

Management 268

Management Lending System Operations 268

Payments Source

SEPTEMBER 11, 2020

The Philippines’ anti-money laundering authority has identified 57 “people of interest,” including foreigners and local bank officers and government officials, whose links to Wirecard AG are being scrutinized.

Cards 160

Cards 160

Advertisement

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

Cards

Bobsguide

SEPTEMBER 8, 2020

The payments industry has undergone drastic changes in the last decade, making reconciliation critical to cope with huge volume, abundant data sources and a growing number of players involved in each individual transaction. Yet what remains unchanged is the essence – payments are.

Industry 138

Industry Payments Data 138

Perficient

SEPTEMBER 8, 2020

The Basics of Headless. “Headless” has been a buzzword for more than a few years in the CMS space, but what exactly is a headless content management system? In short, content management systems (CMS) have traditionally handled content management and rendering (creating markup and serving to web browsers or other clients). A headless CMS only handles content management and provides an API for other systems to consume that content.

System 373

System Management Tools Mobile 373

PYMNTS

SEPTEMBER 11, 2020

The great digital shift in the quick-service restaurant (QSR) space shows no signs of stopping. To that end, Bloomberg reported that Chipotle Mexican Grill CEO Brian Niccol estimated the firm’s digital sales could be as much as $2.4 billion in 2020, leagues higher than the $1 billion seen in the previous year. And in a nod to the fact that mobile and online orders are here to stay, Niccol said sales digital sales could be as much as 40 percent to 50 percent of revenues, which Bloomberg noted wo

Mobile 265

Mobile Online Branding Report 265

Payments Source

SEPTEMBER 11, 2020

American Express is expanding into the fast-growing European market for open banking-based payment initiation services with its Pay with Bank transfer platform.

Cards 163

Cards Marketing Payments Fintech 163

Advertisement

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

Analysis

CFPB Monitor

SEPTEMBER 10, 2020

As part of California’s recent triad of consumer financial services legislation, including AB-1864 , which creates the Department of Financial Protection and Innovation and the California Financial Protection Law, and AB-376 , which includes a new Student Loan Borrower Bill of Rights. California is also on the cusp of enacting a law requiring licensure of persons who are engaged in the business of collecting, on behalf of themselves or others, debts arising from consumer credit transactions wit

California 122

California Regulation Innovation Lending 122

Perficient

SEPTEMBER 9, 2020

In the past, ecommerce was believed to be the simple act of building a commerce website for your business and seeing how your customers used it. However, many B2B sites weren’t performing well or able to adapt to this approach because they lacked the specific resources and knowledge needed to be successful, and even felt hesitant to adopt new digital methods because previous of ecommerce site failures.

Resources 340

Resources System Marketing Strategies Strategy 340

PYMNTS

SEPTEMBER 7, 2020

The nation’s banks are anxious about getting loans repaid that are secured against empty office buildings, hotels and malls. Disclosure of these so-called criticized loans, which are warning signs about a borrower’s ability to pay, revealed of the 10 banks that have seen the largest increases, criticized loans have risen by 62 percent in the second quarter (Q2).

New York City 259

New York City Lending New York Florida 259

Payments Source

SEPTEMBER 11, 2020

When Jane Fraser takes the reins of Citigroup in February, she will have to tackle the company’s cards slump, lagging performance metrics and challenges presented by employees’ return to the office.

Cards 154

Cards Strategy 154

Advertisement

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se

Community Bank