Bank Innovation

JUNE 12, 2017

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

Innovation 399

Innovation blockchain Trends Capital 399

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. In a filing for a court hearing on Friday (Aug.

Operations 154

Operations Regulation Groups Data 154

PYMNTS

JANUARY 3, 2017

PYMNTS examines the data surrounding the latest developments of blockchain, already off to a speedy start in 2017. That figure is expected to increase in 2017 and beyond. In 2017, Wyre said, blockchain technology offers the opportunity to reduce both of those metrics. and China accumulated in 2015 alone. reports noted.

blockchain 248

blockchain CA Case Study Tools 248

PYMNTS

NOVEMBER 7, 2016

Here are the upcoming trends and threats for 2017 and what businesses can do to keep up. First and foremost, Chain Store Age notes that critical infrastructure remains uniquely vulnerable in 2017. Mobile attacks will also continue to grow in number and sophistication in 2017.

Security 202

Security Strategy Mobile System 202

PYMNTS

JANUARY 22, 2020

Previously serving as its executive vice president of operations, Schroeder steps in for Judith McGuire, who is now serving in an executive role with PULSE’s parent company, Discover Financial Services. Jim Lerdal will take over the position of executive vice president of operations. percent in 2017 to 6.7

Operations 131

Operations Management ATM Fraud 131

PYMNTS

JULY 1, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported.

Operations 100

Operations United States Washington Report 100

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . It was started in 2017 to aid in the company’s creation of a payment and services endeavor. .

Operations 139

Operations ATM System Cards 139

PYMNTS

JANUARY 22, 2020

Previously serving as its executive vice president of operations, Schroeder steps in for Judith McGuire, who is now serving in an executive role with PULSE’s parent company, Discover Financial Services. Jim Lerdal will take over the position of executive vice president of operations. percent in 2017 to 6.7

ATM 130

ATM Operations Management Fraud 130

Chris Skinner

JULY 31, 2017

The post Things worth reading: 31st July 2017 appeared first on Chris Skinner's blog.

Operations 171

Operations 171

PYMNTS

AUGUST 14, 2019

In an effort to create a relationship between its portfolio of investors, SoftBank has created an “operating group” within its Vision Fund. What we try to bring [to all of the Vision Fund’s investments] is the perspective of someone who has operated across that industry on various different levels,” Lopez said.

Operations 100

Operations Groups San Francisco Software 100

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2 GDPR Fines Loom.

Report 170

Report Regulation Data Industry 170

Chris Skinner

JUNE 8, 2017

The post Things worth reading: 9th June 2017 appeared first on Chris Skinner's blog.

Operations 164

Operations 164

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Sibos 2018 is in Sydney.

Innovation 192

Innovation Conference Fintech blockchain 192

PYMNTS

FEBRUARY 10, 2017

After a subpar holiday shopping season, research firm Moody’s announced that it had revised down its forecast for the sector’s operating income. In its new report, the rating agency said it now expects aggregate department store operating income to have declined 18 percent in 2016 as opposed to the originally estimated decline of 11 percent.

Online 100

Online Operations Examples Retail 100

Chris Skinner

MARCH 29, 2017

The post Things worth reading: 30th March 2017 appeared first on Chris Skinner's blog.

US 150

US Mobile Operations Management 150

PYMNTS

FEBRUARY 21, 2018

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. million in the prior year, driven by the DCPayments and Spark acquisitions completed in January 2017. Operating revenues hit $346.2 Operating revenues hit $346.2 million from $309.8

ATM 100

ATM Retail Operations Branding 100

PYMNTS

OCTOBER 4, 2016

The first part is planned for release in January 2017. Part two of the report should be released in mid-2017. It will provide the background and history of the task forces, describe the process that the groups followed and detail the current payments industry areas for improvement.

Payments 183

Payments System Groups Analysis 183

PYMNTS

APRIL 11, 2018

2017 marks another significant achievement in the evolution of the ACH Network, as transaction volume was exceptionally strong and Same Day ACH was made fully available,” said NACHA Chief Operating Officer and General Counsel Jane Larimer. The network saw an increase in all transactions for 2017, including a 5.6

Survey 112

Survey Operations US Meeting 112

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

MARCH 9, 2018

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. Overseas operations are also hampered, reports have noted, with the company’s U.K.

US 107

US Operations Training Strategy 107

Chris Skinner

FEBRUARY 26, 2017

the 2030s and Samantha There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. The film is about Theodore, played by Joaquin Phoenix. But … web 1.0,

Phoenix 150

Phoenix Maine Analytics Analysis 150

PYMNTS

JANUARY 29, 2019

Same-day ACH payment volume also increased by 46 percent over Q4 of 2017. The ACH Network is stronger than ever,” NACHA Chief Operating Officer Jane Larimer said. Same-day payments hit the 51.3 million mark, which is the first time that count has ever passed 50 million.

Payments 164

Payments Meeting Washington National 164

PYMNTS

JANUARY 10, 2018

10) that during 2017, more than 300,000 U.S.-based In a press release , Amazon said billions of products were sold worldwide on its platform last year, with half of those items coming from SMBs operating on Amazon Marketplace. Amazon announced news on Wednesday (Jan. and 60 countries around the globe. and 60 countries around the globe.

United States 109

United States Lending Community Operations 109

Chris Skinner

JUNE 25, 2017

After my blog yesterday, about banks having to move from being control freaks in a proprietary operation building everything to becoming collaborative partners in an open marketplace curating everything, I was asked: “how do you make money out of curation?”

Millennials 164

Millennials ATM Maine Fintech 164

Chris Skinner

JUNE 4, 2017

I’ve mentioned this many … MNOs sweep up Africa at the banks’ expense During the discussions at Dot Finance Africa, there was a very interesting dialogue about the mobile network operators (MNOs), with panels featuring Airtel and M-PESA.

Maine 164

Maine Big Data Fintech Customer Experience 164

PYMNTS

MARCH 24, 2017

But this could all start to see some change in the latter half of 2017 indicates a recent report from Moody’s Investor Service. Last year, Moody’s found that grocery stores’ operating profits declined about 5 percent due to a 1.3 percent decline in food prices. We expect the U.S. food retail market.

Retail 101

Retail Operations Online Marketing 101

Chris Skinner

APRIL 2, 2017

Neatly, co-founder of solarisBank Marko Wenthin spotted my post and decided to … The latest news headlines … Major banks prepare to shift operations away from London after Brexit – Evening Standard … The post The Finanser’s Week: 27th March – 2nd April 2017 appeared first on Chris Skinner's blog.

San Francisco 164

San Francisco New York Conference Maine 164

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. About Finastra.

Operations 68

Operations Strategy Innovation Policies 68

Bank Innovation

JANUARY 2, 2017

The fintech world has been going through a sort of an IPO freeze recently. The headwinds created by certain fintechs this year (looking at you, LendingClub) didn’t help much either. Venture capital funding continued to fall in the third quarter, according to data from KPMG Enterprise and CB Insights. Global financing Read More.

Fintech 288

Fintech Capital Data Operations 288

PYMNTS

JANUARY 3, 2017

Rather than providing what he described as a horoscope for 2017, Le Moal instead shared his perspective on some of the biggest trends observed in 2016 and how they will shape the developing payments landscape now that 2017 is here. But to operate at scale, businesses need scale. Hello 2017! Prediction #1: Disruption.

Marketing 114

Marketing Fintech Payments Trends 114

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

JUNE 4, 2018

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya , AIG received a surge of cyber claims in 2017: The insurer saw as many claims notifications as the previous four years combined, RT reported. researcher hadn’t quickly found and activated the kill switch.”.

Data 109

Data National Bitcoin System 109

PYMNTS

MARCH 1, 2017

” Worse than the quarter of soft numbers – however – is the news that comes carried with them: i.e., that the rest of 2017 may not look all that much better for Target earnings. a share in 2017, a notable step-off from from $5.37 The retailer is predicting earnings of $3.80 a share Wall Street was looking for.

Retail 100

Retail Training Capital Branding 100

Bobsguide

OCTOBER 18, 2017

In one of the most eagerly received announcements of Sibos 2017 so far, today Broadridge Financial Solutions revealed the successful completion of an operational test case which demonstrates the capabilities of blockchain technology to enhance the operational efficiency and auditability of bilateral.

blockchain 76

blockchain Capital Marketing Operations 76

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers.

Operations 100

Operations Company California Branding 100