Sat.Dec 30, 2017 - Fri.Jan 05, 2018

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20 of Europe’s hottest fintech start-ups to watch in 2018

Chris Skinner

I really liked this article by John Kennedy over at Silicon Republic, and decided to reproduce it here as it’s fitting for the kickoff of 2018. Who are the fintech start-ups in Europe worth banking on in the year ahead? Europe is in the grip of a fintech revolution and 2018 … The post 20 of Europe’s hottest fintech start-ups to watch in 2018 appeared first on Chris Skinner's blog.

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Number of Chinese Mobile Payments Approaches 1 Trillion

Bank Innovation

Mobile payments have been a major trend in 2017, especially for China. This comes as no surprise, with China’s expanding tech-savvy middle class causing e-commerce apps such as Alipay, WeChat and e-commerce mammoth JD.com to grow tremendously over the latter quarters of 2017. According to a report released by internet research firm Analysys yesterday, the […].

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The smartphone as a mobile identity device

Payments Dive

New mobile technologies make it possible for payments companies to leverage consumers' smartphones as an identity device, enabling compliance with AML and KYC regulations while maintaining the superior user experience that consumers expect.

Mobile 284
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Amazon Launches Cooking Smart Home Skill API

PYMNTS

Amazon has expanded into cooking with its latest round of new skills , with the announcement on Thursday (Jan. 4) of the launch of the Smart Home Skill API. In a blog post , Amazon developer Mike Maas said that developers can now build skills to enable U.S. customers to control microwaves via Alexa, its voice-activated digital assistant. Support for other types of cooking devices, such as convection ovens, will be launched soon, the executive said.

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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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The FinTech outlook for 2018

Chris Skinner

I usually start the new year by making some predictions, but so many others have been writing about 2018 trends that I’m not going to. There are four big things for 2018 from a FinTech viewpoint that are obvious to me however, which are: Getting down to business with Artificial … The post The FinTech outlook for 2018 appeared first on Chris Skinner's blog.

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More Trending

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PayPal sets the pace for the payments industry in 2018

Payments Dive

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

Industry 330
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OPINION: Is college worth it? Students can learn to calculate the payoff

PYMNTS

Michael Lawrence Collins. Going to college pays off, on average. But to maximize the chance that a college education offers a satisfactory return, students need to think like investors. They need to carefully consider which degrees pay off and why, and they need to make informed decisions about the type of degree and major they select. Investors in financial markets consider many complex variables to mitigate risks and maximize returns.

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Top 10 FinTech predictions for 2018

Chris Skinner

This isn’t from me, but a nice infographic from Clari5 by Customer XPS … The post Top 10 FinTech predictions for 2018 appeared first on Chris Skinner's blog.

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More Financial Professionals Are Looking to Fintech Providers for Commercial Innovation

Bank Innovation

While fintech has made headway in consumer banking, commercial applications have remained a little behind the curve. However, more professionals in finance are looking to fintech providers for technological innovation, a survey by TD Bank released yesterday found. About a third of the 340 financial professionals polled, or 31% of respondents, said they were looking […].

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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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How security is the key to mobile ATM access

Payments Dive

Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology to gain traction, it must, first and foremost, provide a secure customer experience.

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Top UK and US firms still overestimating GDPR readiness

PYMNTS

Less than five months before the compliance deadline for the EU’s General Data Protection Regulation (GDPR), most top UK and US firms are still overestimating their state of readiness, a study suggests

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How will the world change in 2018?

Chris Skinner

I was asked by my speaker’s agency – Speakers Associates – to give some predictions for 2018. It was interesting to see that they did the same with six other speakers and so thought I would share all of our thoughts here today. How will the world change in 2018? … The post How will the world change in 2018? appeared first on Chris Skinner's blog.

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China Cracks Down on Bitcoin Mining as Country’s Top Crypto Exchange Moves to Japan

Bank Innovation

The central bank of China is tightening its grip on bitcoin mining in the state, telling local governments that it has the authority to regulate power usage for that mining. The People’s Bank of China cannot directly regulate power usage, Reuters reported today. However, the bank can ask local authorities to regulate it. If the […].

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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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Online Payment Trends in USA

Payments Dive

USA is experiencing a boom in digital commerce. Mobile-based platforms are generating the bulk of growth, as consumers opt to shop on-the-move.

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Why cloud? Why now? Because your customers won’t wait

Insights on Business

In real estate, the three most important words are “location, location, location.” In banking, the three most important words might be “speed, speed, speed.”. In banking and in financial services generally, we’re seeing new technologies emerge every day, in both customer-facing and operational capabilities. And we’re seeing banks move processes and services to the cloud instead of running them from their own data centers.

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The Top Ten Blog Entries Of 2017

Chris Skinner

Here are the most read blog entries on The Finanser in 2017, starting with the most popular first: 5 Banking Tech Trends for 2017 How banks are getting around open banking and PSD2 The Top 1000 banks in the world 11 FinTech trends you need to follow bitcoin or ether: … The post The Top Ten Blog Entries Of 2017 appeared first on Chris Skinner's blog.

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Will 2018 Be Ether’s Year?

Bank Innovation

EXCLUSIVE – If 2017 was the year that brought bitcoin into mainstream finance, will 2018 be the year for ether? Powered by the Ethereum blockchain, ether started the new year on a positive note, hitting an all-time high of $914 today, according to CoinDesk’s Ethereum Price Index. While the currency’s price has wobbled since then, […].

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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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All Your Customers Want for the New Year is a Good Customer Experience

Payments Dive

The winter holiday season is such a great time to be with family and friends. It’s a time when we think about others and give gifts to the people we love. Everyone’s mind is on making the holiday experience perfect. As such, customers and companies alike are extra sensitive to their customer experience (CX). I’d.

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The Argument for Risk-Based Security

PYMNTS

A scanner can identify a vulnerability, but only a deep understanding of cyber exposure will tell you about the seriousness of that risk. Here's how and why.

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Things worth reading: 5th January 2018

Chris Skinner

Things we’re reading today include … Bitcoin spyware scam empties victim’s bank account 20 Banks That Consumers Loved to Hate in 2017 The year of AI Investment banks earn record $104bn advising on takeovers Rush to fix ‘serious’ computer chip flaws Apple to issue fix for iPhones, Macs at risk … The post Things worth reading: 5th January 2018 appeared first on Chris Skinner's blog.

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Want to Improve Consumer Credit? Keep the Focus on FICO, Elevate Says

Bank Innovation

EXCLUSIVE— Alternatives to the traditional FICO credit score have become a popular theme for emerging fintechs, but will it actually help consumers improve their credit? Credit solutions provider Elevate, however, will focus on improving its customer’s relationship with their FICO score in 2018 as well as on alternative methods of scoring. “Consumers are more focused […].

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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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Adieu 2017

Payments Dive

Wow, the end of the year is finally upon us. Thank sweet baby jeebus. This year wasn’t bad or good, it just was. I’m happy to have survived relatively unscathed. 2017 challenged me in good ways and bad. I fought and won, and fought and lost. While the year tried like heck to knock me down, I fought like hell to stay up and keep going and that has made me a better husband, father, leader, and friend.

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Rite Aid Acquisition No Magic Pill For Walgreens’ Sales

PYMNTS

In response to weak sales at Walgreens Boots Alliance Inc. , following the retailer’s decision to add nearly 2,000 Rite Aid locations to its store base, a Morningstar analyst is questioning how long it will take for the acquisition to boost the company’s bottom line, Reuters reports. “From our perspective, it may take at least a handful of years before Walgreens is able to fully benefit from the acquisition,” Vishnu Lekraj wrote in a note.

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Things worth reading: 3rd January 2018

Chris Skinner

Things we’re reading today include … Big four banks expected to cut 20,000 jobs in 2018 as technology replaces humans UBS Libor ‘chats were company policy’ Bank branch closures: How one town has coped Bankers work around the clock to iron out EU finance reforms US blocks sale of Moneygram … The post Things worth reading: 3rd January 2018 appeared first on Chris Skinner's blog.

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Major European FIs Not Prepared for Regulatory Deadline of MiFID 2

Bank Innovation

EXCLUSIVE – A new set of financial regulations in the form of MiFID II has arrived in Europe today, and not everyone is prepared. MiFID II (or Markets in Financial Instruments Directive 2) is a massive set of regulations (7,000 pages) geared towards asset managers and brokers as well as traders of stocks, ETFs and […].

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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