Payments Dive
MARCH 9, 2018
All the necessary software and hardware components together with the processes for the creation of the connected car pay at pump use case are currently available. The creation of a commercially viable, fully integrated solution is the next step and there are no technical or regulatory barriers to doing so.
Chris Skinner
MARCH 15, 2018
I was in a conversation the other day where someone asked me how I can tell if a bank is really trying to be a digital bank or just a bank. Off-the-cuff I immediately said that I have a litmus test to work out the answer to that question. I … The post Are you really a digital bank? (just shake it off) appeared first on Chris Skinner's blog.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Bank Innovation
MARCH 16, 2018
The startup culture in India is beginning to heat up. INV Fintech, Bank Innovation’s accelerator arm, has seen an increase in applications from India, and currently has two Indian companies in its accelerator. To facilitate the creation of an entrepreneurial and innovative ecosystem, the Government of India, through its premier policy Think Tank called the Niti.Read More.
PYMNTS
MARCH 29, 2018
Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees during 2017 compared to $33.3 billion in 2016, The New York Post reported. Despite the increase, consumers aren’t, in fact, overdrawing their accounts. Instead, Moebs Services says the uptick was caused by credit unions increasing their overdraft fees.
Advertisement
It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
Insights on Business
MARCH 7, 2018
“If the bringing of women – half the human race – into the center of historical inquiry poses a formidable challenge to historical scholarship, it also offers sustaining energy and a source of strength.” – Dr. Gerda Lerner. On this International Women’s Day 2018 and to continue Women’s History Month , I would like to acknowledge and reflect upon some of the extraordinary, and often understated, work that women have contributed not just to this company, but to the good of
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
MARCH 16, 2018
While most consumers today likely view bitcoin, bitcoin cash and alternatives such as Ethereum and Litecoin as assets, some payments companies in the past couple of months have announced plans for consumers to more easily use cryptocurrencies as payment, and merchants to accept them.
Chris Skinner
MARCH 21, 2018
I know that we deal with quite complicated things in financial technologies. AI, AGI, ASI (Artificial Intelligence, Artificial General Intelligence, Artificial Super Intelligence); machine learning and deep learning; blockchain, shared ledgers and distributed ledger technologies; cryptocurrencies, virtual currencies and digital currencies; Open Banking and Open APIs; and so on and … The post How quantum will change everything (including banking, money and security) appeared first on Chris
Bank Innovation
MARCH 19, 2018
Spanish bank BBVA will be testing its invisible payment strategy in-house, allowing employees and staff to use an app to pay for purchases without taking out their wallets, the bank announced today. These invisible payments will be rolled out for testing at “Ciudad BBVA,” the campus that houses the bank in Madrid, Spain. The testing.Read More.
PYMNTS
MARCH 1, 2018
Banking and financial services firm HSBC says its blockchain-based trade finance solution is ready to launch — in pilot phase, at least. According to Wednesday (Feb. 28) reports by the Global Trade Review , the bank’s senior innovation manager, Joshua Kroeker, held a media call and announced that after developing the trade finance solution for about two years, HSBC is “confident enough to actually do a live transaction” using its blockchain technology.
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Insights on Business
MARCH 19, 2018
It’s been a full day at IBM Think, and while Ginni’s much-anticipated keynote is tomorrow, there are no shortages of learning, networking, and, food! A few highlights that were some of the more notable happenings at the first full day of Think: Announcement of the world’s smallest computer. At IBM Research’s Science Slam, the world’s smallest computer, smaller than the size of a grain of salt, was announced.
Bobsguide
MARCH 13, 2018
bobsguide spoke to Neil Haskins, Director of IOActive’s advisory services in EMEA and Middle East. With over 27 years worth of industry experience, Neil was delighted to talk reporter Dave Beach, through a simulation of a hack on a model Tier One Bank. Imagine you are a bad actor. Give us.
Payments Dive
MARCH 13, 2018
Go isn't necessarily a new concept, but Amazon's take on cashierless shopping brings with it questions about the future of retail, and changes the way we as consumers buy goods.
Chris Skinner
MARCH 7, 2018
I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009. It allows the recording of … The post What’s next for blockchain?
Advertisement
Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.
Bank Innovation
MARCH 13, 2018
Nordea Bank today announced it is rolling out contactless payment options for its customers in Sweden, Denmark and Finland, thus becoming the first major Nordic bank to offer payments on both major wearables players Garmin and Fitbit. The move comes as a part of the bank’s updated Nordea Wallet offering, enabling users quick and on-the-go.Read More.
PYMNTS
MARCH 26, 2018
A lack of access to capital. The red tape of regulation. The burden of administrative tasks. These are all common reasons why a small business owner may struggle to grow their company, and the latest analysis on the topic certainly points to these factors as having an impact on SMB growth across the world. But the most recent research suggests entrepreneurs are also clear about what is helping them grow, and what they are looking for in terms of technology, professional support and beyond.
Insights on Business
MARCH 19, 2018
“Intelligent automation allows business and technology to function together for a common goal instead of against working against one another.”. – Saket Sinha, IBM Vice President & Partner, Banking & Financial Markets. 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.
Bobsguide
MARCH 8, 2018
Dave Beach spoke to Pavol Magic, CEO of Biotron.io about the challenges and opportunities of the data market. Biotron.io is a user-permissioned and revenue sharing personal data warehouse benefiting from blockchain transparency to provide the most accurate user analytics, helping organizations make.
Advertisement
Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.
Payments Dive
MARCH 8, 2018
Dr. Louise Beaumont, strategic adviser at Sapient Consulting, discusses the e-commerce's potential interest in banking.
Chris Skinner
MARCH 27, 2018
I was quite taken by a headline in yesterday’s news where Marcus Schenck, Deutsche Bank’s Co-Head of Corporate and Investment Banking, forecast that deposit accounts might disappear in the not too distant future. He was on a panel at Bloomberg’s European Capital Markets Forum and was asked by an audience member how … The post If deposit accounts disappear, what will banks do?
Bank Innovation
MARCH 27, 2018
Messaging service WhatsApp is rolling out support for QR payments in its Android beta, according to reports, with the service expected to have a wider rollout in the next few weeks. Consumers wishing to use QR payments to pay must first have WhatsApp Payments enabled, which currently supports a range of payment options across the.Read More.
PYMNTS
MARCH 16, 2018
American Express has reportedly filed a patent related to faster payments and blockchain technology, reports in CoinDesk said. The U.S. Patent and Trademark Office released the patent application filed by American Express Travel Related Services Company, the payment technology firm’s travel unit, which outlines the use of blockchain technology to accelerate payments between two parties.
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
Insights on Business
MARCH 19, 2018
Maintaining regulatory compliance is a daunting task. Up to 200 regulatory changes occur every day, varying from large scale regulation like Dodd Frank, to minute changes to the font and size of footnotes in regulation text. The cost of not being compliant is astronomical – since 2008, more than $50 billion in fines have been paid. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs.
Bobsguide
MARCH 12, 2018
While financial institutions are still in the early stages of adopting AI technologies, intelligent machines are expected to become the most defining tech for the future of institutions in the financial services and insurance industries. In fact, estimates suggest that 75% of insurance executives.
Payments Dive
MARCH 2, 2018
It's time for a look back at last month's most-read articles and blog posts on Mobile Payments Today.
Chris Skinner
MARCH 19, 2018
I had a chat with The Financial Times the other day, and provided lots of background as to why I don’t think cryptocurrencies are the choice of criminals. The comment that was reported was the following: Chris Skinner, a financial technology author, said it was “complete rubbish” to suggest the main … The post The lies spread by bankers about cryptocurrencies appeared first on Chris Skinner's blog.
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.
Expert insights. Personalized for you.
382 
Let's personalize your content