Chris Skinner

APRIL 19, 2018

Things we’re reading today include … Why India’s Paytm isn’t afraid of WhatsApp Commonwealth Bank charged fees to dead clients, royal commission hears TransferWise becomes first non-bank to join BoE payment system Deutsche Bank’s chief operating officer leaves amid raft of departures A recent history of Australia’s (..)

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System Operations Payments 178

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

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Conference Innovation Fintech How To 225

PYMNTS

FEBRUARY 19, 2019

The results for 2018 make clear that the ACH Network is vibrant and continues to be a vital component of the nation’s economic engine,” NACHA Chief Operating Officer Jane Larimer said in the press release. According to NACHA, ACH Network volume hit close to 23 billion payments in 2018, marking a year-over-year increase of 6.9

Payments 206

Payments National Operations 206

Bank Innovation

DECEMBER 11, 2017

Stephane Wyper, who runs Mastercard’s partnerships related to the Internet of Things, as well as new commerce, has joined the Bank Innovation 2018 speaker faculty. He will present on the challenge of creating a global fintech operation, whether you’re a startup or an established corporation.

Innovation 207

Innovation Fintech Operations US 207

PYMNTS

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. The solution is named LazMall, and it rolled out in the summer of 2018.

Operations 159

Operations Philadelphia United States Online 159

PYMNTS

JANUARY 8, 2020

The post did not say when Amex would start operations in the country. In November of 2018, Amex got approval to clear card payments by the PBOC , making it the first company of its kind to get access to what will become the largest card network this year. Lianlian counts PayPal and Apple among its strategic partners.

Operations 134

Operations social media Cards Apple 134

PYMNTS

JUNE 25, 2020

The digital wallet, called Uber Cash , launched in September 2018, letting users put their money into an account on the Uber app to easily pay for the company’s services such as Uber Eats or bike sharing with JUMP bikes. That seems to be what happened; the team hired to work on financial services now putting energy into Uber Eats.

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Las Vegas Company Operations Conference 297

Bank Innovation

FEBRUARY 14, 2018

EXCLUSIVE – Lindsay Holden, co-founder & CEO of personal finance app Long Game, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco.

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San Francisco Innovation Operations 210

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 127

Operations Policies System Regulation 127

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 2018, reaching an estimated 68.5

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Operations Management ATM Fraud 131

PYMNTS

JANUARY 17, 2019

million memberships in the fourth quarter of 2018 — 1.5 For the full year 2018, Netflix paid net subscriptions increased 33 percent compared to 2017, reaching 29 million, the company said in its latest financial report. We’re targeting a 9 percent operating margin in Q1 2019, which we expect will grow over the course of the year.”.

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Video Apple Operations Course 173

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

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

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 2018, reaching an estimated 68.5

ATM 130

ATM Operations Management Fraud 130

PYMNTS

FEBRUARY 22, 2019

Uber Eats , the food delivery business of Uber, is gearing up to sell its Indian operations to Swiggy , a rival food delivery company in the country. billion in the first quarter of 2018 alone, noted the report. “It It also marks the first sale of Uber’s food business around the world.

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Operations Examples Capital Marketing 169

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. SatchelPay received its electronic money institution license in March of 2018, reports noted. The Industry Spread reported Tuesday (Aug.

Operations 101

Operations Regional Compliance Report 101

PYMNTS

JANUARY 8, 2019

increased in 2018, marking the only country to see an uptick in the number of U.S. The report noted the increase in patents also marks a shift in how tech companies are operating in China. Chinese companies were granted 12,589 patents in 2018, representing only 4 percent of all the patents issued in 2018 in the U.S.

Comparison 100

Comparison Company Report Technology 100

PYMNTS

FEBRUARY 3, 2019

NoteMachine , one of the biggest ATM operators in the U.K., According to the report, Link’s original proposal would reduce interchange fees by 20 percent from 2018 through 2021. According to the report, Link’s original proposal would reduce interchange fees by 20 percent from 2018 through 2021.

ATM 109

ATM Operations Regulation Report 109

Bank Innovation

DECEMBER 13, 2018

operations. As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship.

Innovation Strategies 199

Innovation Strategies Strategy Innovation New York 199

FICO

JULY 15, 2021

But thanks to nonprofit organizations like Operation HOPE — which collaborates with financial institutions, corporations, municipal agencies, and community organizations to help low- and mid-income Americans achieve financial independence — credit education is available more widely than ever before. Operation HOPE Global Board of Advisors.

Operations 98

Operations National Community Analytics 98

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent between 7 p.m.

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Retail United States Millennials Study 179

PYMNTS

DECEMBER 26, 2018

As Karen Webster pointed out, the first commerce intermediary to operate at scale was Istanbul’s Grand Bazaar , which opened for business 558 years ago. But in fact commerce intermediaries that bring groups of shareholders together to interact and transact are as old as commerce itself.

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social media Groups How To Chicago 183

PYMNTS

JULY 25, 2019

million consumers in 2018. Fraud has also migrated, finding less conventional targets, such as loan products, as prime NAF candidates.”. In fact, NAF hit its second highest level ever, affecting 3.2 One factor contributing to the rise is the mobile phone.

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Fraud Report Mobile Strategy 148

PYMNTS

JUNE 12, 2018

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

Operations 116

Operations Survey blockchain Technology 116

PYMNTS

JANUARY 2, 2019

Bitcoin finished up its worst year yet, as the price of the popular cryptocurrency plummeted by over 80 percent over 2018, Coindesk reported. But the cryptocurrency ended 2018 with a price of just under $3,750. On another note, Japan’s DMM.com is said to be unwinding its digital currency mining operation, Coindesk reported.

Bitcoin 139

Bitcoin cryptocurrency Capital Analysis 139

PYMNTS

DECEMBER 28, 2018

Bruce Parker, founder and CEO of Modo , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. So, uh, that’s not exactly how 2018 turned out. The year 2018 turned out to be less about dreaming and more about doing what needed to be done, glamorous or not. Here’s where the innovation really happened in 2018.

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Google blockchain Fraud eBook 115

PYMNTS

OCTOBER 18, 2017

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. Capital expenditures for 2018 are projected at $3 billion. Part of the strategy may include unloading its $1.4

Data 109

Data Strategy Branding Retail 109

PYMNTS

DECEMBER 26, 2018

Akli Adjaoute, CEO of Brighterion , wrote this AI-focused piece as part of our 2018 year-end eBook. . 3, 2018, the U.S. Non-adaptive: Money launderers change their modes of operation frequently. As a result, anti- money laundering (AML) has been occupying the headlines as of late. High IT costs.

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System Compliance eBook Examples 191

Insights on Business

MARCH 19, 2018

To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. Many operations within financial services could be improved with machine learning. Intelligent automation’s ascent in financial services.

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Las Vegas System Operations Industry 138

Insights on Business

JUNE 18, 2018

Below are just a few of the sessions surrounding IBM Banking and Financial technologies you won’t want to miss at SIFMA 2018. This session will also be a great opportunity to hear how early adopters have benefited by increasing their commercial efficiency, operational transparency, regulatory rigor and reducing fraud, delays, and paperwork.

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Conference Fintech blockchain Compliance 70

PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Yet, as 2018 was coming to a close, Facebook was hit with just a bit more bad news. The Facebook Follies.

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Retail Online Cards United States 123

PYMNTS

JUNE 28, 2019

But operators of some of those shopping destinations continue to wield investment power as malls undergo remakes for the 21 st century. Among the latest examples of that trend comes from Simon Property Group, the largest mall operator in the United States, which, according to Reuters , “will invest $5 million in Allied Esports.”.

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Operations US Los Angeles Retail 100

PYMNTS

MAY 6, 2019

Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. The company did say it was going to continue to operate a consulting business in the country, which wouldn’t require a license.

Operations 108

Operations Apple Google Study 108

Bank Innovation

APRIL 13, 2018

The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […]. Berlin-based challenger bank N26 will be opening its services to users in the United States and the United Kingdom by the end of this year, founder and chief executive officer Valentin Stalf told Reuters today.

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United States Operations Capital Online 210

PYMNTS

DECEMBER 27, 2018

From kiosks to online ordering and drive-through lanes, these merchants sought to provide their customers with digital alternatives to ordering at the counter in 2018. The offerings come as managers of QSRs see digital ordering options as important to their operations. But a slightly higher share of QSR customers — 84.1

Innovation 157

Innovation Branding Online Technology 157

PYMNTS

DECEMBER 28, 2018

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. That includes having the analytical chops that the eCommerce operator has. But that’s not all.

Retail 156

Retail Trends Course Online 156