Sat.Dec 29, 2018 - Fri.Jan 04, 2019

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How financial institutions are embracing blockchain

Payments Dive

What's holding the blockchain back? What can make it more secure? Panelists at Financial Services Data Security Summit, sponsored by Thales and Networld Media Group, shared thoughts on these issues.

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The Impact of Technology on Banking: Revolution or Evolution?

Bank Innovation

For quite a long time, traditional brick and mortar banks only had to worry about making money and being profitable. All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. Industry-leading operators, as well as ambitious startups in the banking scene, […].

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2018 Data Breaches: The List No One Wanted To Make

PYMNTS

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. If that’s not disturbing enough, 28 percent of those incidents were perpetuated by insiders.

Data 230
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5 security threats to watch in 2019

Payments Source

As consumers grow more attached to mobile devices for e-commerce and payments, fraudsters are intensifying their focus on handsets with new phishing, vishing to SIM-swap tricks.

Security 156
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Fall In Love With the Month-End Close

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.

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Top 10 most read mobile payments articles of 2018

Payments Dive

As we close out the year 2018, we present a look back at the most read articles and contributor pieces related to the mobile payments industry.

Mobile 255

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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

PYMNTS

Tech companies are taking more time to reach their initial public offerings, with the median gap between their early financing and their IPOs hitting 10.1 years in 2017, up from 6.9 years in 2013, according to a recent estimate. A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets.

Payments 223
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The biggest changes coming to the point of sale in 2019

Payments Source

Despite years of advancements in mobile and online payments, the physical point of sale remains still ripe for disruption.

Mobile 143
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How will the Payments Landscape Evolve in 2019? | mobile | digital wallets | cashless | contactless | cryptocurrencies | wearables | IoT

Payments Dive

The variety of payment methods is expanding dramatically, fueled by significant consumer adoption on a global level. Download this infographic from TNS to gain vital insights into key developments which could shape the payments industry in 2019.

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The State of Cryptocurrency in 2019

Bank Innovation

It was a tough year for cryptocurrencies. Over the past 12 months, Bitcoin – the most popular cryptocurrency – lost more than 70% of its market capitalization and Ethereum lost more than 80% of its value, according to digital currency exchange Coinbase. Bitcoin, specifically, which was trading at almost $20,000 at the beginning of the […].

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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mPOS At 37,000 Feet

PYMNTS

With the global mobile point of sale (mPOS) market projected to experience a compound annual growth rate (CAGR) of 18.8 percent from 2017 to 2026, many solution providers are looking to use partnerships as a boost to snag a bigger share of the growing market. Around the mPOS space, providers are teaming up, merging or making acquisitions. In the January mPOS Tracker , PYMNTS charts the latest developments.

Software 220
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Fintech partnerships necessary for legacy bank survival

Bobsguide

Partnerships with fintechs is necessary to create the “best of both worlds” approach - which customers will demand in 2019, according to Currencycloud’s CMO and head of product, Todd Latham. “Customers expect a broad range of services from their bank, and they trust them.

Fintech 139
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The Robinhood Checking Account Was Doomed To Fail

Ron Shevelin

The failed Robinhood checking/savings account was out of touch with how consumers manage their money these days. It would have failed if it had been launched.

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Citizens Bank’s Matt Richardson to Speak at Bank Innovation Ignite

Bank Innovation

Citizens Bank‘s Matt Richardson, head of product solutions, is speaking at Bank Innovation Ignite 2019 in March. The event will take place March 11-12 at Seattle’s Hyatt Olive 8 Hotel. You can join the event by registering here. On the New Interactions in Payments panel, Richardson will be addressing the role that voice, text and image […].

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The Role of Automation in Commercial Lending

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.

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In 2019, Mobilize The Commercial Card: JPMorgan

PYMNTS

While commercial card innovation certainly accelerated in 2018, progress can always continue. One area of development that J.P. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. It’s not altogether an unfamiliar concept, of course. Much attention has been paid to mobile business payments in the fleet sector in particular, with Comdata launching its mobile app, Comdata OnRoad, that links

Mobile 211
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Risk management in the cloud: A strategic imperative

Insights on Business

For financial institutions, the benefits of moving away from legacy in-house systems to the cloud are obvious. A cloud environment offers financial institutions greater speed and agility than their current environments. But while mobile devices give us great power and convenience, they also create new security and privacy challenges. Financial institutions face a similar dilemma – while moving to the cloud makes sense for a number of reasons, it also presents a new set of challenges.

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Tesla stock on a blockchain offers hint of where crypto's headed

Payments Source

A digital exchange opening next week will enable investors to trade in companies including Apple Inc., Facebook Inc. and Tesla Inc. outside of the U.S. even when the stock markets are closed.

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5 Companies that Made Fintech Noise in 2018

Bank Innovation

Bank Innovation’s five picks for companies that made noise in fintech this year may not include any banks, but it does include a company owned by a collection of them. Indeed, as far as innovation is concerned, 2018 was the year of the fintechs and nonbanks -- some friendlier to the traditional players than others. […].

Company 199
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Outsource With Confidence for RDC Program Success

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.

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Corporates Step Up To Welcome AI, Blockchain

PYMNTS

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. Their December 2018 survey found “digital readiness” to be the c-suite’s top priority for 2019, with executives also reflecting their concern that the biggest risks their companies face are intensifying.

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Overcoming the challenges of enabling e-money programmes | fintech podcast

Bobsguide

In this Fintalk podcast, Transact Payments, W2 Global Data and Global Processing Services (GPS) discuss the challenges of launching a prepaid e-money programme. Listen to the podcast or read the full transcript below. Transcript. Hello and welcome to this Fintalk podcast. Today.

Fintech 109
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Fintech is pushing B2B payments to get ‘personal’

Payments Source

The payments process isn’t about just checking a box or signing a check anymore; it’s about cultivating genuinely beneficial relationships for all involved that build trust and drive growth, writes Ravi Thakur, senior vice president of business acceleration at Coupa.

Payments 122
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Most Bank Website Content is ‘Inaccessible’ to Average Americans, Study Finds

Bank Innovation

A new study by software provider VisibleThread found that 58% of nearly 5,000 pages of website content for 50 U.S. banks is “inaccessible” to the average American. Even the most readable websites studied were more difficult to read than Moby Dick, the report said. Jargon, complex language, long sentences, and excessive use of passive voice […].

Study 186
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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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2019: The Year Of Instant Payments

PYMNTS

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. We also guarantee that this prediction will hold, regardless of who one is talking about or the use case to which it pertains. That could be the small merchant wanting access to their daily sales on the same day instead of seven days later, the dad who just sent $100 to his college-age kid to buy food for the weekend, an Uber drive

Payments 198
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How is the government shutdown impacting the federal banking agencies and consumer financial services regulators?

CFPB Monitor

The CFPB and the federal banking agencies—the FDIC, Fed, and OCC— remain open during the government shutdown as their funding does not come from congressional appropriations. However, the shutdown has resulted in the closing of the FTC. Also closed during the shutdown are many HUD operations and activities. Certain lending-related operations will continue during the shutdown such as the endorsement of FHA-insured loans (with the exception of Home Equity Conversion Mortgages and Title I loans)

FDIC 107
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Data: B2B payments go digital

Payments Source

By adopting faster payments, businesses have more flexibility to make last-minute payments and emergency payrolls, or gain a larger window for early-payment discounts.

Payments 112
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5 Fintech Companies to Watch in 2019

Bank Innovation

Acquisitions, partnerships and the roll-out of various new products and services made 2018 a very active year in banking and fintech. But was it all just setting the scene for an even busier 2019? Here are Bank Innovation's 5 companies to watch this year, selected by editors' choice, in no particular order: PayPal This payments […].

Company 186
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.