Payments Dive

MAY 1, 2018

Nav Kullar, marketing manager for NCR Payments, cites a recent Visa study about this trend with consumers traveling abroad.

Payments 334

Payments Study Trends Management 334

Chris Skinner

MAY 3, 2018

I’ve been watching the rollercoaster ride of cryptocurrencies very carefully for the last year, and it only struck me today that these are not currencies … yet. Apart from a few novelty vendors and merchants who put bitcoin on their websites, I don’t see many others accepting ether or XRP, … The post Cryptocurrencies are not currencies appeared first on Chris Skinner's blog.

cryptocurrency 296

cryptocurrency Bitcoin blockchain Technology 296

Bank Innovation

APRIL 30, 2018

EXCLUSIVE— As open banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, North American financial institutions might want to consider looking to blockchain or artificial intelligence for their own compliance challenges. This is according to Richard Arundel, general manager, North America for financial technology provider Currencycloud, who noted […].

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America blockchain Compliance Financial Technology 255

PYMNTS

MAY 3, 2018

From mom-and-pop retail shops to the world’s largest companies, nearly every business is looking to offer the latest technology to its consumers. For many in the financial services world, though, implementing innovations is easier said than done. So, what’s standing in the way of FIs, the largest of which come to the table armed with big budgets and endless resources?

System 187

System Innovation Technology Payments 187

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Groups

Payments Dive

MAY 4, 2018

Real-time payments infrastructure officially arrived in the U.S. with the launch of The Clearing House RTP system in November. Will the technology ultimately prove to be, as predicted, "one of the most important payment transformation efforts in our industry"?

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US Payments Marketing System 325

Bank Innovation

APRIL 30, 2018

EXCLUSIVE- The genesis of Bill.com, a cloud-based cash flow management software for SMBs, came to René Lacerte when he was still leading his digital payroll services company PayCycle. “Payroll and B2B payments is a huge painpoint for small and medium sized businesses,” Lacerte told Bank Innovation. “The idea behind creating a Bill.com was to address […].

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Software Innovation Management Payments 236

PYMNTS

APRIL 30, 2018

Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the lightning rod after flying a kite with a key on it in a thunderstorm. A little known fact, perhaps, is that Franklin is credited with inventing two things that almost every person has used — or will — at some point in their lifetime: swimming fins and bifocals.

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Fintech blockchain Lending Digital Banking 183

Payments Dive

MAY 3, 2018

It's time for a look back at last month's most-read content on the site.

Mobile 265

Mobile Payments 265

Chris Skinner

APRIL 30, 2018

Everywhere around the world, I find politicians and bankers in dodgy practices. It’s because power and money go together. We’ve seen this clearly in EU and USA with LIBOR, CDOs, PPI, bribes, parties, prostitutes and more, and I was reminded of it when seeing a presentation the other day by … The post Banks charged dead people fees for a decade appeared first on Chris Skinner's blog.

Regulation 284

Regulation 284

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Analysis

Bank Innovation

MAY 2, 2018

Digital mortgages will be a major trend for banks in 2018. In the first quarter alone, Bank of America and SunTrust Banks both unveiled their digital mortgage platforms, with SunTrust being the most recent. “If you look at the housing industry, it has always been a slow adopter of change back to the days of Frannie […].

America 231

America Trends Industry Online 231

PYMNTS

MAY 1, 2018

In some sense, B2B eCommerce offerings have had a customer base for longer than they’ve actually had their own hub on Amazon, Martin Rohde, head of commercial customers for Amazon Business, told Karen Webster in a recent conversation. First founded about three years ago in 2015, Amazon Business – the firm’s B2B eCommerce marketplace – has grown up quickly.

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Texas US Taxes Customer Experience 182

Payments Dive

APRIL 30, 2018

TNS' Terminal Management Service has helped a firm with 15,000 POS terminals realize cost savings of 30% over its incumbent provider. Read our case study to find out more.

Case Study 150

Case Study Study Management Retail 150

Chris Skinner

APRIL 30, 2018

I just got a report from J Walter Thompson on the future of money and there’s some interesting facts and stats. Here are my headlines: 76% of millennials are looking for new forms of banking 40% of people in their twenties have downloaded a money management app 80% of millennials … The post The future of money (research report) appeared first on Chris Skinner's blog.

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Report Millennials Management Digital Banking 280

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Lending

Bank Innovation

MAY 3, 2018

The ways businesses, consumers, and even banks make payments are changing, as technologies like realtime payments and APIs make it easier to send money across the globe. But one technology seems curiously absent from recent payment innovation, and that’s blockchain. “We think blockchain technology will streamline payments, but in practice there are very few open […].

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blockchain Technology Payments Innovation 230

PYMNTS

MAY 1, 2018

It’s like the band is back together. Thirty-three years ago, Tom Thimot, the newly appointed CEO of Socure , collaborated with founder Sunil Madhu on a business specializing in physical identity verification and access solutions: Netegrity, which was ultimately sold in 2005 to CA Technologies for $430 million. From there, Madhu worked for Cisco and founded Hopskoch and Socure, while Thimot built a number of businesses that straddled data and security in some way.

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Big Data CA Training Data 181

Bobsguide

MAY 3, 2018

Whether you’re the chief information security officer (CISO) of a large enterprise with offices across the globe or the IT manager of a small enterprise, if you had a big budget, you would spend it on building and maintaining a security operations centre (SOC) to monitor every risk your.

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Security Operations Management 135

Chris Skinner

MAY 2, 2018

My friend Emmanuel Daniel, founder and Chairman of The Asian Banker, ran an interesting video dialogue recently, in a near hour long interview with Chng Sok Hui, chief financial officer of DBS. The whole video, audio and transcript of the interview can be found over here, but I liked this … The post Challenging DBS: how do you measure digital innovation?

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Innovation Video Digital Banking 270

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Operations

Bank Innovation

MAY 2, 2018

Square launched a rewards program for its Cash card yesterday called Cash Boost. Around noon Eastern time the company tweeted it would begin rolling the service out. By 5 PM it announced it had rolled out the service to 100% of its customers. This update, assuming it happened during that timespan, did not require an […].

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Cards Company cryptocurrency Innovation 218

PYMNTS

MAY 1, 2018

A new survey by ACI Worldwide and Ovum found evidence that financial institutions (FIs) are more willing to open up their data via API and are embracing real-time payments initiatives. The report, published on Monday (April 30), found nearly three-quarters of banks surveyed (73 percent) said they would be willing to open up data to third-party developers via API.

Payments 179

Payments Survey Strategy Retail 179

Bobsguide

MAY 1, 2018

The introduction of the Payment Services Directive 2 (PSD2) in Europe at the beginning of 2018 was the latest step on the region’s journey towards competitively fair, digital banking. With the introduction of the legislation, incumbent banks are now legally obliged to open their customer data.

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Regional Digital Banking Data Payments 121

Chris Skinner

APRIL 28, 2018

The main blog headlines are … How do you manage your digital death? I just completed one of those things that none of us like doing, making a will. I recently had a major change of circumstances in my life, and decided that I should make appropriate updates and provisions. … The post The Finanser’s Week: 23rd April 2018 – 29th April 2018 appeared first on Chris Skinner's blog.

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Maine US Management 192

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Analysis

Bank Innovation

MAY 4, 2018

Crowdfunding is on the rise. A recent report by Statista Digital Market Outlook shows that by 2022, crowdfunding could grow to $57 billion globally, with China being the leader in this area. To put the number in perspective, in 2017 $14.5 billion was raised by crowdfunding. So, $57 billion in a span of four years would […].

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Marketing Report Capital blockchain 210

PYMNTS

APRIL 30, 2018

Ripple has announced that five new customers across Europe and Asia will use xVia to power payments over RippleNet, its blockchain network. The companies partnering with Ripple are FairFX (U.K.), RationalFX (U.K.), Exchange4Free (U.K.), UniPAY (Georgia), and MoneyMatch (Malaysia). xVia is an API solution enabling payment originators (those sending a payment on behalf of a customer, but not actually processing and paying it out) to access RippleNet.

San Francisco 176

San Francisco Georgia Payments New York 176

Payments Source

APRIL 29, 2018

There is no disputing that China is ahead of the rest of the world in mobile payments. What insight does it offer U.S. bankers?

Mobile 113

Mobile Payments Cards 113

Chris Skinner

MAY 2, 2018

Things we’re reading today include … Major Investment Bank Predicts Cryptocurrency Market “Wipe Out” British banking leverage remains ‘dangerously high’ Elderly couple face losing home as interest-only loan crisis bites TSB boss grilled by MPs TSB’s Paul Pester hits series of wrong notes in front of MPs | Nils Pratley … The post Things worth reading: 3rd May 2018 appeared first on Chris Skinner's blog.

cryptocurrency 178

cryptocurrency Marketing 178

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