Sat.Dec 01, 2018 - Fri.Dec 07, 2018

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Biometrics to impact future of mobile payment authentication

Payments Dive

Biometrics wlll have a significant impact in driving mobile payment use as facial recognition and fingerprint scanning technologies are incorporated into applications.

Mobile 334
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The untold story of Stripe

Chris Skinner

Wired are really good at writing long, wordy essays on things they find of interest. I enjoy them, but not everyone has half an hour to read their musings. Therefore, as it covers my favourite FinTech firm Stripe, here’s a 1,500 abridged version of their 16 page, 5,000 word original … The post The untold story of Stripe appeared first on Chris Skinner's blog.

Fintech 309
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Why Lloyds Bank Is Moving Its Core to the Cloud in 2019

Bank Innovation

Lloyds Bank plc plans to deploy a new core from cloud banking provider Thought Machine in 2019 as part of a project to lower its risk and increase its innovation potential. The bank has announced it will enter the development and deployment phase of its massive core-revamping plan early in the year ahead. For this […].

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What An Alleged NSA Hack Reveals About Payments Cybersecurity

PYMNTS

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. The past year brought a significantly increased focus on the security and privacy of online data, with not only consumers paying more attention to the issue but (much more importantly) lawmakers h

Payments 240
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Back to Basics with Reconciliations

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.

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T-Mobile may usher in wave of wireless carriers looking to disrupt banking

Payments Dive

The T-Mobile test pilot of its new mobile banking service is expected to be the first of many telco companies exploring ways to leverage new financial services for their customers.

Mobile 268

More Trending

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Urjanet Uses Utility Data to Expand Access to Credit

Bank Innovation

Urjanet is using utility data to help underwrite loans and widen access to financial services — and it has more utility data than anyone else. The company started in the energy and sustainability space in 2010. (“Urja” means energy.) It now has an increased focus on data analysis tools and digital transformation and has close ties with […].

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Ripple Forms Blockchain For Europe Association With Other Players

PYMNTS

Ripple, the blockchain company that owns XRP, the digital currency, has joined forces with NEM, Fetch.AI, and EMURGO/Cardano to create a new association that represents the interest of blockchain and cryptocurrency business in Europe. According to a report in The Next Web , the group, dubbed Blockchain for Europe, says its the first unified voice for the industry in Europe.

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Why payments providers don't want customers to feel involved in the payments process

Payments Dive

Payments technology can help merchants boost sales and drive loyalty with customers.

Payments 330
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Is the internet of things our biggest future threat?

Chris Skinner

We talk a lot about cybersecurity, fraud and risk, but are we too complacent about it? We have all these stats and figures: According to Verizon’s 2018 Breach Investigations report, 92 percent of malware is still delivered by email. Out of the 1,300 IT security decision makers surveyed for cyberark Global Advanced Threat Landscape … The post Is the internet of things our biggest future threat?

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

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

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Platformification â?? the end of banks but the future of banking?

Bobsguide

Niels Bohr, the Danish, Nobel-prize winning physicist once said “prediction is very difficult, especially if it’s about the future” However, there is something about human nature that compels us to make predictions, and there is something else about our nature that seems to.

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Why Consumers Will Shrug Off The Marriott Breach

PYMNTS

In 1954, mathematician L.J. Savage published research about how consumers process information when making decisions. Dubbed the sure-thing principle , Savage’s work showed that consumers consider a variety of inputs when making decisions. They also mentally bucket – and then disregard – inputs that may be important, but not important enough to change their minds about something they really want to do.

Fraud 192
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The Future of Fintech Video Series: Central Payments

Payments Dive

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

Video 236
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The most influential person in UK tech is …

Chris Skinner

I got an email the other day saying that I am now the most influential person in the UK, not just for FinTech … but for technology in general. I was and am shocked. I don’t really subscribe to influencer lists, as most do not take into account the readership … The post The most influential person in UK tech is … appeared first on Chris Skinner's blog.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

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.

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Retail localization needs checkout innovation and creative delivery to thrive

Payments Source

Walmart, Tractor Supply and Home Depot are among the retailers using cashierless checkout ad local sourcing to tailor services for specific communities, according to Marc Gorlin, CEO and founder of Roadie.

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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode. John Legere released a statement when the news broke, offering customers access to free credit monitoring and identity resolution services, and emphasizing the company’s efforts to assist clients concerned about their privacy.

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The Future of Fintech Video Series: Glint Pay

Payments Dive

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

Video 225
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UK headmistress threatens to close tuck shop

Chris Skinner

I was wracking my brains trying to write something interesting about the Brexit farce, when I noticed that my good friend Bob Lyddon had done it for me. Enjoy! UK headmistress threatens to close tuck shop The UK’s headmistress, Theresa May, has issued a chilling warning to the 650 members … The post UK headmistress threatens to close tuck shop appeared first on Chris Skinner's blog.

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Is Your Current Card Platform Holding You Back?

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

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The digital transformation puzzle: no more shying away from technology

Bobsguide

With banking customers expecting higher quality and faster interactions, customer experience has become the battleground where banks compete to retain existing customers and attract new ones. Many banks are embracing digital transformation (DT) as a strategy on which to build new and advanced.

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TSYS On How Payments Power Rewards, And Rewards Power Loyalty

PYMNTS

Loyalty has come a long way in the payments realm, from the days when strict terms of rewards programs were more frustrating than enticing for consumers. Gone are the days when you had to redeem points for miles and miles for flights – but only if you were flying two years from that day, on the second Thursday in March, at 7:30 p.m., with the condition that you make three stops before finding your way to the final destination.

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The Future of Fintech Video Series: Transferwise

Payments Dive

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

Video 207
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The Finanser’s Week: 26th November – 2nd December

Chris Skinner

The main blog headlines are … Five digital transformation lessons In a final write-up on leadership, there was a fantastic presentation about the lessons DNB had learned in trying to make digital change happen. Solveig Hellebust, Group Executive Vice President for People & Operations at DNB or, as she called … The post The Finanser’s Week: 26th November – 2nd December appeared first on Chris Skinner's blog.

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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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â??Omnishambleâ?? banks fuelling digital challenger success

Bobsguide

“The big banks lacked focus on getting a full and seamless customer experience right,” said Andrew Stevens, financial services specialist at Quadient, the customer experience platform on a panel at FinTech Connect. “The lack of focus on customer experience has enabled the rise.

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Intel, Nasdaq Back Crypto Startup BOX’s Supply Chain Finance Launch

PYMNTS

China cryptocurrency startup BOX is introducing supply chain financing services for corporate users with the help of Intel , Nasdaq and Baidu Cloud. In a press release issued Monday (Dec. 3), BOX announced the rollout of its BOX Ecosystem, a suite of new services for businesses from the crypto wallet company, at a launch event at the Shanghai Film Plaza.

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The Future of Fintech Video Series: Galileo Processing

Payments Dive

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

Video 199
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Things worth reading: 4th December 2018

Chris Skinner

Things we’re reading today include … Becoming a digital bank Digital bank Monzo becomes Britain’s best-rated lender Bank crisis in Italy may spark ‘doom loop’ for UK, warns Bank of England UK peer-to-peer lender Zopa gets banking license as it looks to compete with industry giants UK banks can survive … The post Things worth reading: 4th December 2018 appeared first on Chris Skinner's blog.

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3 Ways Managed Device Services Help Community Banks Cut Costs

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se