Chris Skinner

JUNE 30, 2016

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0 he defined as the emergence of peer-to-peer lenders and new payments companies between 2010 and 2014. During this time everyone … The post Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack appeared first on Chris Ski

Fintech 292

Fintech Maine Strategy Groups 292

Bank Innovation

JUNE 27, 2016

Some of the shine seems to have come off fintech innovation in 2016. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain future with Brexit. But that doesn’t mean innovation is any less necessary.

Innovation 285

Innovation Lending Capital Fintech 285

Payments Dive

JUNE 23, 2016

John Shapiro, the director of product management for payments for Intuit, discusses how the proliferation of technology and emergence of connected devices have created an opportunity for companies not previously associated with payments to expand their product offering.

Payments 256

Payments Mobile Management Technology 256

Accenture

JUNE 30, 2016

The big data era is upon us. Financial enterprises are swimming in zettabytes—a billion terabytes—of data. The sheer volume can be overwhelming… unless you know how to use it. For financial services firms, big data can offer a path to. Read more.

Big Data 262

Big Data Data US How To 262

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

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. Many millennials – defined in the study as adults currently between 25 to 34 years old – are still living with their parents due to a series of economic factors, but as they start to age and move out on their own the number of millennial households is expected to swell by about 2 million n

Millennials 186

Millennials Study Trends Marketing 186

Chris Skinner

JUNE 21, 2016

I’ve written about Bitcoin and blockchain for half a decade, and now banks are all talking about it too. There is a belief that the blockchain technology that came from the Bitcoin structure could revolutionise banking. But there’s a problem, not with blockchain protocol, but with the hype and confusion that surrounds it. How will banks … The post 50 shades of blockchain … appeared first on Chris Skinner's blog.

blockchain 284

blockchain Bitcoin Technology 284

Bank Innovation

JUNE 23, 2016

1. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

Payments Dive

JUNE 16, 2016

Mobile Payments Today Editor Will Hernandez went to the National Restaurant Association Show for the first time to get a look at how restaurants are connecting with the connected consumer.

Mobile 212

Mobile Industry Technology National 212

Payments Source

JUNE 28, 2016

Building on industry initiatives to ease the user experience for chip cards and increase use of contactless technology, Oberthur Technologies has developed a dual interface card in the U.S. market that combines new Visa and MasterCard specs and 'tap and go.'.

Cards 112

Cards User Experience Mobile Technology 112

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

PYMNTS

JUNE 7, 2016

A new mobile app from identity theft protection company IDShield was released on Monday (June 6) and aims to help consumers by putting information and control in their hands when it comes to safeguarding against identity theft threats. IDShield said its all-new app will feature up-to-date and comprehensive identity monitoring information, as well as access to a private investigator if issues do arise for a user.

Tools 156

Tools Mobile Company Report 156

Insights on Business

JUNE 21, 2016

Using DevOps in the age of digital disruption: “It feels like we are at a tipping point where the entire industry is teetering on the edge of a cliff and it is about to give way ,” says Tom Blomfield, CEO of Mondo. “ We have seen it with other industries: Blockbuster when Netflix came in or Kodak when digital took over from film, or Spotify with music.

Groups 122

Groups Industry System Innovation 122

Chris Skinner

JUNE 17, 2016

Just to mop up the final discussions at the White House #FinTech summit, there was a fourth panel on financial inclusion. This panel comprised, from left to right: Gayle Smith, Administrator, USAID; Jo Ann Barefoot, Senior Fellow, Mossovar-Rahmani Center for Business & Government, Harvard Kennedy School; Greta Bull, CEO, CGAP (Consultative Group to Assist the … The post Financial Inclusion, Digital Identity and the White House appeared first on Chris Skinner's blog.

Fintech 239

Fintech Groups 239

Bank Innovation

JUNE 23, 2016

41. Brad Bennett, Senior Manager, Enterprise Services Engineering and Strategy, BB&T BB&T, a banking innovator? Yes, BB&T deserves mention with top innovation banks, and largely for one reason: Bradley Bennett. Bennett has been the executive at the bank that has most influence its wholesale bearhug of banking innovation. BB&T is now involved with Read More.

Innovation 284

Innovation Strategy Management 284

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

Payments Dive

JUNE 28, 2016

Date: July 21, 2016 | Time: 2:00 PM EDT | Duration: 60 Minutes | Exploring technology solutions to improve customer engagement and enhance their shopping experience? Looking for ways to increase same-store sales and improve associate productivity? Think you can't have it all and still control costs?

Operations 236

Operations Retail Mobile Technology 236

Bobsguide

JUNE 6, 2016

A vast quantity of structured and unstructured data is now generated and mined in the financial industry. It is analysed by firms as well as regulators to provide insight. For those that do it well, the business value they can derive can confer a competitive advantage. Yet, big data in the regulated.

Big Data 89

Big Data Data Conference Regulation 89

PYMNTS

JUNE 27, 2016

In the mood for a little role play today? Your head of product walks into your office with his end of quarter report for one of your flagship services. This service was positioned as a critical feature in driving demand for other products and services in the company’s portfolio. It’s been nearly two years – 20 months to be precise — since it was launched after significant investments in engineering, marketing and promotion.

Apple 165

Apple Mobile Cards Payments 165

Payments Source

JUNE 12, 2016

With everything they need right at their fingertips, millennials are having a major influence on a rapidly evolving consumer landscape.

Millennials 93

Millennials Mobile Payments Technology 93

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

Chris Skinner

JUNE 27, 2016

The UK has had a long weekend considering the consequences of the Brexit. Chris Skinner has had a long weekend considering the consequences on London, the banking industry, Fintech and more … and I have to say that I’m quietly positive. I don’t think we’re going to see the meltdown the doomsayers are rumour mongering, … The post What does #Brexit mean for the City and #FinTech UK?

Fintech 282

Fintech Industry 282

Bank Innovation

JUNE 8, 2016

Taking a leaf out of leading US consumer finance player Affirm’s book, listed Australian digital retail finance company zipMoney (ASX:ZIP) has notified the market it plans to acquire personal finance app Pocketbook. The acquisition will see the app ‘pocket’ AU$7.5 million, with $6.0 paid upfront and $1.5 million deferred, subject to performance milestones. zipMoney will… Read more zipMoney to acquire personal finance app PocketBook.

Retail 239

Retail US Marketing Company 239

Payments Dive

JUNE 9, 2016

Marc Castrechini, vice president of product management at Cayan, discusses how the industry should be talking about multichannel instead.

Industry 224

Industry Management 224

Bobsguide

JUNE 7, 2016

After news that the Financial Conduct Authority is launching a regulatory sandbox, it poses the question of whether or not financial technology should be regulated and in turn, increases concerns about whether money management systems should be considered financial products or technology. A safe.

Fintech 88

Fintech Financial Technology Regulation System 88

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

Let's Talk Payments

JUNE 7, 2016

The growth of the biometrics market The biometrics market is expected to see a substantial growth over the coming years. Some estimates suggest that by 2021, the market will reach.

Marketing 63

Marketing US Innovation Fintech 63

Payments Source

JUNE 12, 2016

With everything they need right at their fingertips, millennials are having a major influence on a rapidly evolving consumer landscape.

Millennials 87

Millennials Mobile Payments Technology 87

Chris Skinner

JUNE 24, 2016

Well, like all of you, I wake up this morning to find that the UK has decided to tell Europe to fork off. You probably think I’m going to blog about what it all means and the implications for financial markets (I did that the other day and back in February). Apparently the vote is … The post FU EU #Brexit appeared first on Chris Skinner's blog.

Marketing 282

Marketing 282

Bank Innovation

JUNE 28, 2016

If you haven’t heard yet, bots are taking over financial services, and are bringing Facebook with them. A Danish neobank called Lunarway introduced its Facebook banking bot, Lunar Way Bot 1.0, yesterday. The chatbot responds to simple queries, for now, such as checking balance, or looking up how much you spent Read More.

Innovation 284

Innovation Technology Mobile 284

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

Innovation