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Machine Learning Stabilizes Business Continuity During COVID

PYMNTS

This highlights an opportunity to increase operational efficiencies and meet customer demands.”. And in a recent Novantas survey, 60 percent of respondents indicated they would continue with online banking in a post-COVID-19 world. Ultimately, some businesses had to throw their business continuity playbooks out the window.

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How Pay-on-Demand Could Free Millions From Financial Hardship Across Africa: CloudPay

The Fintech Times

Pay-on-demand, which utilises digital wallets and enables workers to access their accrued earnings through mobile devices, continues to grow in popularity across the globe. Pay-on-demand, sometimes referred to as Earned-Wage-Access (EWA), is a concept that is taking off across the globe.

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How Continuous Auditing Drives Corporate Spend Optimization

PYMNTS

At most, a manual approach to spend management can attempt to uncover potential patterns: an employee that is continually breaching internal spend policy, for instance. Today, that’s an especially difficult achievement considering the impact of the pandemic — even with business trips on hold. “In Spending Disparity.

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10 Upcoming Fintech Webinars to Attend

Fintech News

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. of businesses reporting an increase in webinar hosting, and 28.3% Similarly, research by GoodFirms found a notable uptick, with 46.5%

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U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

Fintech Finance

As instant payments continue to transform the payments ecosystem, financial institutions face unique challenges in adapting their systems and processes to this new real-time paradigm. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

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Singapore Authorities Issue Warning on Akira Ransomware Threat

Fintech News

The Akira threat group targets a wide range of sectors, including education, finance, manufacturing, and healthcare, demanding ransoms based on the victim’s business profile. Maintaining routine backups of critical data is essential for ensuring business continuity.

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Macy’s Troubles Continue; Digital Focus Leads To Cautious Optimism For Q4

PYMNTS

Digital continues to thrive, and as a healthy component of our business. Most importantly, our growing digital business continues to contribute to profitability. There are things that we learned about our business in 2020, that gives us confidence in the future,” he said on the call.