Sat.Dec 22, 2018 - Fri.Dec 28, 2018

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The Future of Fintech Video Series: Intuit Consumer Group

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 281
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5 Notable Fintech M&A Deals in 2018

Bank Innovation

This year the financial services industry saw a lot of fintech M&A activity. Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. PayPal Acquires iZettle Payments giant PayPal inked its largest deal ever this summer, acquiring Swedish company iZettle for $2.2 billion. iZettle is […].

Fintech 218
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Russian Central Bank Ends FX Competition

PYMNTS

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. According to a statement on the bank’s website, the decision was made due to “the repeated violations of the requirements of the Russian legislation on securities within one year.”. The five companies — Forex Club, Alpari Forex, Trust Forex, InstaForex and TeleTrade — will see their licenses expire on Jan. 27, and must stop all operat

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The Finanser’s Week: 17th December – 23rd December 2018

Chris Skinner

The main blog headlines are … The top blog posts of 2018 Just looking through the stats for the last year and it gives you an insight into what’s hot and what’s not. So here are the ten most popular blog posts of 2018: In at Number 10 is: Who … The post The Finanser’s Week: 17th December – 23rd December 2018 appeared first on Chris Skinner's blog.

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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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Top 10 most read mobile payments news stories of 2018

Payments Dive

The year 2018 will be remembered as a transformational year in the evolution of mobile payments. It's time to take a look back at the top news items of 2018. (This is part 1 of a series looking at the top stories of 2018. Part 2 will look at articles).

Mobile 236

More Trending

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Google Gets EU eMoney License

PYMNTS

Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra , citing Google, reported that with the license Google can issue and redeem electronic money and provide payment services. “The end of this year reflects our efforts and experience of the past few years in actively developing a FinTech-conducive ecosystem in Lithuania.

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Busy year ahead expected for insurtech

Bobsguide

2019 is set to be a year defined by collaboration in the insurance sector. In an October Capgemini survey, 96% of respondents said they were looking to collaborate with insurtech firms in some way. 77% said that “partnering to develop a new solution” was their preferred approach. When.

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Top 10 mobile payments news

Payments Dive

The year 2018 will be remembered as a transformational year in the evolution of mobile payments. It's time to take a look back at the top news items of 2018. (This is part 1 of a series looking at the top stories of 2018. Part 2 will look at articles).

Mobile 225
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Card Use Grows Fast as Check Payments, ATM Withdrawals Continue Decline

Bank Innovation

The Federal Reserve’s triennial report on payments released last week shows accelerated electronic payments growth, as well as signs that fewer people are paying by check or withdrawing cash from ATMs. Card payments increased 10.1% by number and 8.4% by value from 2016 to 2017. For comparison, these payments had increased 7.8% by number and […].

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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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Uber Seeks Driver Lawsuit Settlement Before IPO

PYMNTS

Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers who have been fighting the ride-hailing company via individual arbitration. According to a report in TechCrunch , citing law firm Lichten & Liss-Riordan, Uber has as part of the settlement tentatively offered to pay 11 cents for each mile Uber drivers drove.

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7 key payment trends to watch in 2019

Payments Source

Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.

Trends 159
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The Future of Fintech Video Series: Steady

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 255
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Fintech Unfiltered: The Financial Data Exchange to Create Standards for APIs and Data-Sharing

Bank Innovation

Sharing data while keeping it safe is a major issue for financial service companies. In October, the Financial Services Information Sharing and Analysis Center, an industry group that analyzes and shares cyber and physical threat intelligence, took on the challenge of finding a secure way to transfer information. FS-ISAC set up a unit called 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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12 Ways Consumers Will Pay (And Be Paid) In 2019 And Beyond

PYMNTS

The “Twelve Days of Christmas” is a holiday classic, though some of us at PYMNTS still don’t understand why anyone would want to take a partridge away from what seems like a pleasant existence in a pear tree. But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019.

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7 (realistic) predictions about fintech in 2019

Payments Source

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.

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Top Concerns about Using Payment Authentication

Payments Dive

Current cardholder authentication approaches to combat card not present fraud introduces friction in the transaction process. View our latest infographic on CNP Trends in the Middle East and how FSS ACS 2.0 can help.

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How Wells Fargo Gateway Opens the Bank to the Outside World

Bank Innovation

Imran Haider, head of Wells Fargo Gateway and its APIs, says the bank is positioned to be a leader in developing the behind-the-scenes software that will provide the product customization and flexibility customers will come to expect. Established by Wells Fargo in 2016, Gateway is an enterprise API channel encompassing all the bank’s business lines. […].

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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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Blockchain Tech Disrupts The Corporate Payments Status Quo

PYMNTS

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions. Industry heavyweights like Mastercard and American Express have taken steps in recent months to explore the use of blockchain in commercial payments.

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As breaches mount, data compliance is still off the mark

Payments Source

Despite what we assume are dedicated efforts to protect customer’s personal information, hackers are finding the loopholes in businesses’ process and technology data protection life cycle. It happened with Target in 2013, the Home Depot in 2014, and many others since, writes Todd Feinman, co-founder and chief product officer of Spirion.

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The Future of Fintech Video Series: Bank Novo

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 240
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5 People to Watch in 2019

Bank Innovation

Bank Innovation's list of people to watch in 2019 include the head of a large bank, the head of a community bank, a regulator, an investor with money to burn and the head of one of the biggest fintechs in the industry. The people on the list were chosen by BI's editors and are listed in […].

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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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2018 Recap: The Year In Grocery Innovations

PYMNTS

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores.

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Augmented reality’s transforming gaming and retail, for starters

Payments Source

Even if used to decorate your home with ideas before you purchase anything, the technology will completely change your perspective on reality-altering technology, writes Michael Volkmann, an entrepreneur who focuses on business operations and finance.

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The Future of Fintech Video Series: Echo

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 210
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Even Financial Scaling Up to Power API-Based Customer Acquisition

Bank Innovation

By the time the API-powered recommendation platform company Even Financial announced this month that JPMorgan Chase executive Nadine Murray joined the team as senior vice president of strategy, it merely capped off a year of big moves for the New York City-based fintech. Even provides the infrastructure for financial institutions to connect its consumers with personalized digital products.

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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