Payments Dive

FEBRUARY 8, 2019

Futurist Ian Khan sees the potential for blockchain going beyond revolutionizing the payments industry to transforming entire cities.

blockchain 412

blockchain Payments Industry 412

Chris Skinner

FEBRUARY 3, 2019

A regular discussion of mine has resurfaced in recent days: is the branch dead? Why it has returned is due to the announcement of Santander closing a fifth of its UK branch network: The Spanish-owned bank, which has one of the largest high street networks in Britain, will shut 140 branches, leaving … The post Is the branch dead? appeared first on Chris Skinner's blog.

Case Study 369

Case Study Study Digital Banking 369

PYMNTS

FEBRUARY 4, 2019

JPMorgan Chase is gearing up to take on the likes of Apple Pay, PayPal, and Stripe by boosting its market share in the global treasury services industry by a goal of 50 percent. The Financial Times , citing Takis Georgakopoulos, the head of JPMorgan’s new wholesale payments unit, reported the goal is to increase its market share during the next few years by increasing business with foreign multinationals as well as in the eCommerce market.

Payments 211

Payments Apple Marketing Industry 211

Bank Innovation

FEBRUARY 8, 2019

Insurance management software provider CoverWallet was the biggest source of growth for Zurich Insurance Group's SME business in Spain last year. As a result of this success, Mario Greco, CEO of the Swiss insurance company noted that the CoverWallet service will be expanded to its customers in Switzerland in 2019. Greco noted in the earnings […].

Fintech 210

Fintech Software Groups Management 210

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Groups

Payments Dive

FEBRUARY 5, 2019

How retailers can regain trust with customers in a time of heightened risk.

Mobile 388

Mobile Retail 388

PYMNTS

FEBRUARY 6, 2019

Brex has announced that it is partnering with Mastercard to issue the World Elite Mastercard for Business, offering an enhanced rewards structure and expanded suite of travel benefits. Started in 2017 by the founders of Brazilian payments processor Pagar.me , Brex’s investors include Y Combinator Continuity, Ribbit Capital, Greenoaks, DST Global, Peter Thiel and Max Levchin.

San Francisco 208

San Francisco Fraud Cards America 208

Bank Innovation

FEBRUARY 7, 2019

JPMorgan Chase had the highest "buzz ranking" among banks in 2018, according to YouGov's Brand Index, an annual poll measuring which brands are considered the best by consumers. Participants were asked, “If you’ve heard anything about the brand in the last two weeks, through advertising news or word of mouth, was it positive or negative?” The Buzz […].

Branding 199

Branding Capital Online Cards 199

Payments Dive

FEBRUARY 8, 2019

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing.

Video 286

Video Fintech Mobile Payments 286

Chris Skinner

FEBRUARY 7, 2019

A few years ago, I was invited to talk with Equitable Bank in Canada about digital banking. Since then, they’ve launched their digital bank called EQ Bank. So I was pleased when Simon Wahl, who heads up marketing at Flinks, sent me a podcast interview with Andrew Moor, EQ Bank’s … The post EQ Bank, Canada: a customer-obsessed bank appeared first on Chris Skinner's blog.

Digital Banking 289

Digital Banking Marketing Case Study Study 289

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Analysis

PYMNTS

FEBRUARY 6, 2019

Jack Dorsey, billionaire tech founder and current CEO of Twitter, said he only owns bitcoin and that he supports the Lightning Network , a bitcoin network update that could make bitcoin payments speedier and less expensive, according to reports. Dorsey tweeted on Tuesday (Feb. 5): “I only have bitcoin.” Dorsey also founded payment company Square , which allows users to buy and sell bitcoin through the Cash app.

Bitcoin 203

Bitcoin Payments social media New York 203

Bank Innovation

FEBRUARY 8, 2019

Most finance professionals are not using APIs to facilitate faster payments, according to a new report from TD Bank. Even more surprising is that many of them don’t intend to use APIs in the future. Faster payments is a top priority for many FIs, the TD Bank survey found. About 60% of respondents expect to […].

Report 186

Report blockchain Payments Survey 186

Payments Dive

FEBRUARY 4, 2019

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing.

Video 264

Video Fintech Mobile Payments 264

Chris Skinner

FEBRUARY 5, 2019

Yep, there’s a clickbaiting title if ever I saw one. But it seems to be true. Ten years ago, we had a global financial crisis. Now, ten years later, the banks are heavily regulated, their risk-capital ratios stabilised, their leverage reduced and the regulators breathing down their necks, promoting competition … The post The next global financial meltdown is just around the corner appeared first on Chris Skinner's blog.

Regulation 256

Regulation Capital 256

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Lending

PYMNTS

FEBRUARY 6, 2019

This isn’t some cheap dose of “ Little House on the Prairie ” nostalgia, but rather a shot of truth: We are a long way from small-town doctors treating patients for decades and lifetimes — after treating their parents, and perhaps even grandparents as well. Not only that, but healthcare is infinitely more complicated than it was in the 19th-century Doc Baker days — thanks to scientific advances and the collection, analysis and use of sophisticated patient data.

blockchain 194

blockchain Data Security System 194

Bank Innovation

FEBRUARY 5, 2019

There are startups that want to destroy banks and startups that want banks to buy their software, as Bank Innovation has previously reported. According to a recent poll conducted by Bank Innovation, the idea that fintech partnerships will be on the rise in 2019 compared to subsequent years, is gaining popularity. The poll found that 61% of 106 […].

Innovation 186

Innovation Fintech Software Report 186

Payments Dive

FEBRUARY 8, 2019

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing.

Video 230

Video Fintech Mobile Payments 230

Chris Skinner

FEBRUARY 4, 2019

There was quite a bit of coverage of an analyst report last week, putting forward the notion that big banks should forget converting the existing organisation, systems and structures, and start over. This one is from Oliver Wyman and, for me, it goes straight into the same bin as the Gartner … The post Oliver Wyman recommend banks don’t try to be digital?

System 249

System Report Digital Banking 249

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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.

Operations

PYMNTS

FEBRUARY 8, 2019

One of the main differences between a successful criminal and a wanna-be is that the smart one knows how to hide (often in plain sight), and use methods that often seem more mundane than dramatic — despite what Hollywood has trained us to believe over the last century or so. A demonstration of that truth came around again recently with the observance of the Chinese New Year in early February.

Examples 194

Examples social media Course Regulation 194

Bank Innovation

FEBRUARY 5, 2019

Today American Express and Mastercard launched new offerings geared toward business clients. Amex and digital business payments firm Bill.com announced a strategic partnership along with the rollout of Vendor Pay, an automated accounts payable product that will allow businesses to use certain Amex credit cards within a Bill.com solution. The product will also provide a more […].

Cards 186

Cards Payments Operations Capital 186

Payments Dive

FEBRUARY 7, 2019

Proactively Deliver An Assured Service Experience.

ATM 186

ATM 186

Chris Skinner

FEBRUARY 6, 2019

Things we’re reading today include … How much Australia’s banking and finance CEOs earn Bank royal commission insider trading claim is ‘b t’ Don’t bank on Google Bank, bank on banks becoming Google-like An Amazon Checking Account Could Displace $100 Billion In Bank Deposits (But It Won’t) UBS gets approval to … The post Things worth reading: 7th February 2019 appeared first on Chris Skinner's blog.

Google 225

Google 225

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Analysis

PYMNTS

FEBRUARY 4, 2019

Artificial intelligence has started — slowly — to make its presence felt in payments and commerce, including in fraud prevention, via early deployments of the technology and cutting-edge AI algorithms. And with those deployments comes increasing awareness of what AI can really do, how it can improve upon less sophisticated machine learning technology, and why it promises to play a vital role in the daily lives of consumers in the coming decades.

Innovation 194

Innovation Study Fraud Technology 194

Bank Innovation

FEBRUARY 8, 2019

Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment service Zelle. Zelle transactions exceeded $400 million and grew 75% year-over-year in the fourth quarter of 2018, Chief Executive Officer Jeff Yabuki noted in his opening […].

Financial Technology 170

Financial Technology Data Payments Technology 170

Insights on Business

FEBRUARY 3, 2019

The future is here with the convergence of technologies and capabilities including AI, robotic process automation, blockchain, advanced analytics and cloud. Together, the convergence is causing major change in all aspects of our lives. Business processes are being recreated and automated; and to keep up, we need to change the way that we work and even our workplaces.

Customer Experience 157

Customer Experience social media Case Study Video 157

Chris Skinner

FEBRUARY 3, 2019

Things we’re reading today include … Australia bank inquiry does not recommend individual criminal charges Wirecard says law firm found no findings of criminal misconduct Banking royal commission final report a scathing account of ‘conduct driven by greed’ – politics live Australian banking inquiry recommends new watchdog for regulators Royal … The post Things worth reading: 4th February 2019 appeared first on Chris Skinner's blog.

Regulation 207

Regulation Report 207

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Capital