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Rise of the “super-app”: Opportunity or threat?

Accenture: Banking

Back in 2009, Apple coined the catchy phrase, “there’s an app for that.” Since then, apps (single-use apps, that is) have multiplied exponentially and become part of everyday life for most people. But a new breed of app is on the rise, and it’s threatening to consolidate power and market share. The “super-app” is becoming….

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What’s next for blockchain?

Chris Skinner

Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009. I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? appeared first on Chris Skinner's blog.

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Facebook's road to Libra: 2009 to 2019

Payments Source

Facebook's Libra project didn't come from nowhere. The social network has a long history of experimenting with digital payments, and launched a separate (and ill-fated) digital currency a decade ago.

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9 out of 10 blockchain trials go nowhere

Chris Skinner

They tracked the history of 86,034 blockchain projects hosted on GitHub since 2009 to pull out “key lessons” on where the blockchain industry is going and its long-term prospects. I just read an interesting new report from Deloitte about blockchain.

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Four banks fined £100m by UK regulator over traders’ sharing of information

TheGuardian

HSBC, Citi and Morgan Stanley among five banks CMA investigated for competition law breaches between 2009-13 Four major banks including HSBC and Citi have been fined more than 100m by the UK competition regulator after it found traders were using Bloomberg chatrooms to share sensitive information about government bonds. Continue reading.

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As Digital Banking Advances, Denmark Sees 60% Jump in Card Fraud

Bank Innovation

Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […]. In Denmark, the advent of digital banking also saw almost a 60% jump in card fraud, Bloomberg reported yesterday.

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Social KYC: far easier than passports and utility bills

Chris Skinner

It’s an interesting idea I thought I’d share here but, before I do, I posted a note on the blog in 2009 that … The post Social KYC: far easier than passports and utility bills appeared first on Chris Skinner's blog. The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process.