Sat.Jan 06, 2018 - Fri.Jan 12, 2018

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Most People Don’t Know What Cryptocurrencies Are

Bank Innovation

Sure, cryptocurrency and bitcoin might seem like the talk of the town, but a recent survey found that most people don’t even know what a digital currency is. According to a survey conducted by cryptocurrency platform COBINHOOD, only 56% of the 1,035 Americans surveyed knew that cryptocurrency is a digital decentralized currency designed as a […].

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Why I like Turkish banks

Chris Skinner

Just before Christmas, I was interviewed by a Turkish magazine about the future, Turkey and fintech. I thought it might interest folks to share it here … When you wrote your first book about fintech – little was known about it. How much has that changed and have your predictions … The post Why I like Turkish banks appeared first on Chris Skinner's blog.

Fintech 396
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A 2018 resolution: Smoother mobile payments

Payments Dive

Today's mobile payments experience has too many potential cracks in the system waiting to form that put a snag in the potential of a smooth ride start to finish. The industry should work to prevent such issues as much as possible.

Mobile 297
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The Start Path Class Of 2018 Is Under Construction

PYMNTS

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. “And when we talk about our world, we mean not just payments, but FinTech more broadly – and, even more broadly than that, commerce,” she said.

Company 194
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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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Payments Regulation PSD2 Arrives in Europe

Bank Innovation

EXCLUSIVE – Major European payments regulation, PSD2 is set to go live tomorrow in Europe. Banks across the European Union have been preparing for the revised Payment Service Directive or PSD2 since it was first passed in 2015 by the Council of the European Union. The main objective of this new regulation is to level […].

More Trending

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Emerging consumer trends bring change to shopping and paying

Payments Dive

Roger Niederer, head merchant services, SIX Payment Services, offers up insight on how technology is not only changing consumer behavior and needs, but also the choice of payment options that retailers can and must offer customers online and in-store.

Trends 290
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TRENDING: APIs Bring FIs Back In The B2B Game

PYMNTS

Old and new tech are both coming into play in B2B API. The ever-changing value of bitcoin has been making headlines, and delivering and dashing investors’ dreams along the way. And recently, B2B API players have been tuned in, paying close attention to the cryptocurrency’s rising and falling star. But, more than just watching the cryptocurrency’s value slide up and down, players in the space have increasingly been exploring its underlying blockchain technology — and what that tech could do for B

Trends 185
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Fintech Tandem Gains Banking License With Close of Harrods Bank Acquisition

Bank Innovation

Fintech lender Tandem has officially completed its acquisition of Harrods Bank, a move that grants the London-based lender a banking license, it announced yesterday. A mobile-based lender that allows customers to aggregate all of their financial information in one place to help users save and budget, Tandem lost its banking license in 2017 after an […].

Fintech 329
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Banking as usual is NOT an option

Chris Skinner

I’ve blogged quite a bit about adapting to change lately, and will continue to do so as banking-as-usual (BAU) is not an option. It’s similar to standing in the middle of the road. If you stand there for long enough, you’ll get run over. This is as true in banking: … The post Banking as usual is NOT an option appeared first on Chris Skinner's blog.

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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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The many faces of mobile payments

Payments Dive

NFC, QR codes and various in-app payment methods have helped change the way consumers pay via a smartphone.

Mobile 313
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Stripe Launches Tool To Help Founders File Tax Returns In Minutes

PYMNTS

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an adviser. In fact, 54 percent of Atlas founders reported making a mistake when filing last year’s returns, including paying the incorrect amount, filing late or missing required filings entirely.

Taxes 168
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FitPay Founder & COO Michael Orlando Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco. Orlando founded FitPay in 2014. The company went on to be acquired by security technology company Next-ID Inc., and provides the payment technology behind wearables […].

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What does the FCA think about blockchain?

Chris Skinner

In mid-December 2017, the UK’s Financial Conduct Authority (FCA) published a really interesting 32-page paper on Distributed Ledger Technology (DLT). The timing wasn’t great as most of the City was out getting smashed at Christmas parties, so I thought it best to put it aside until the New Year hangovers … The post What does the FCA think about blockchain?

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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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Report: How to maximize subscription revenue with carrier billing?

Payments Dive

Recurring payments are becoming increasingly popular for selling digital content. According to Gartner, 80% of software vendors will be using a subscription-based business model by 2020. In this report, we give an overview of how carrier billing can be used to complement credit card payments for subscriptions.

Report 191
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How Masabi Makes Public Transit Ticketing Mobile

PYMNTS

It’s a problem with which most commuters are familiar, though many likely wish they were not. They wake up, get ready to go, walk to their bus or train stops and reach for their transit tickets only to realize said ticket is sitting on a dresser or bedside table. Even if they muster up the patience to take that long walk back to their homes and then again to the stations, their troubles might not be over.

Mobile 161
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Dynamics Unveils the Wallet Card, First ‘Connected Card’ at CES

Bank Innovation

EXCLUSIVE—Card company Dynamics Inc. revealed its Wallet Card, described by the company as the “world’s first” connected payment card, at the CES conference currently taking place in Las Vegas, the company announced today. The card, which was developed in tandem with global banks and payment providers such as Visa and Mastercard, relies on Internet of […].

Las Vegas 321
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The driving force behind creating digital identity schemes

Chris Skinner

I’m often talking about digital identity and struggle with the subject. This is because the meeting of ID2020 I attended at the United Nations 18 months ago, talked about the issues of digital identity and poverty, and how the poorest are the most susceptible to human trafficking and slavery: How the … The post The driving force behind creating digital identity schemes appeared first on Chris Skinner's blog.

Meeting 262
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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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ATM, POS and Kiosk Communications | TNSLink

Payments Dive

Improve POS, ATM and unattended kiosk uptime and security standards while decreasing total cost of ownership with this zero-touch connectivity solution. TNSLink is a fully managed, PCI compliant connectivity solution for POS terminals, ATMs and unattended kiosks worldwide.

ATM 170
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Visa Signs Off On Optional Signatures For EMV Merchants In North America

PYMNTS

No more signatures. Visa said today (Jan. 12) in a blog post that it is making the signature an option — and no longer a requirement — for EMV chip-enabled merchants across North America. That shift, for contact or contactless payments, goes into effect April 2018. At the same time, Visa said in its posting that it will continue to invest in initiatives tied to advanced analytics and biometrics.

America 153
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Merrill Lynch Wealth Management Adds Texting Feature for Financial Advisors

Bank Innovation

EXCLUSIVE – Merrill Lynch Wealth Management is adding a client-to-advisor texting capability to its mobile app starting next month. For the feature, Merrill Lynch has partnered with mobile communication solutions provider CellTrust to manage, track, and deliver text messaging. All communication will be time- and date-stamped, tracked, logged and archived.

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The Finanser’s Week: 25th December 2017 – 7th January 2018

Chris Skinner

The main blog headlines are … 20 of Europe’s hottest fintech start-ups to watch in 2018 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 … The post The Finanser’s Week: 25th December 2017 – 7th January 2018 appeared first on Chris Skinner's blog.

Maine 178
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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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AI, Big Data, Digitisation, Blockchain: The fintech that will dominate 2018

Bobsguide

Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased.

Big Data 167
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Eastman Kodak Launches Photo-Focused Cryptocurrency

PYMNTS

Following in the footsteps of companies seeking to get in on the cryptocurrency craze, Eastman Kodak Co. is launching its own digital currency, Bloomberg reports. The cryptocurrency, which the company is calling Kodakcoin, will be “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”.

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German Online Lender Kreditech Heads to India

Bank Innovation

EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. For this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing short-term lending products specifically tailored to local consumers. Kreditech’s entry into the Indian market comes because of payment processor PayU’s involvement in the company […].

Online 309
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Things worth reading: 11th January 2018

Chris Skinner

Things we’re reading today include: America’s Best and Worst Banks 2018 CFDs on bitcoin? You’re not sophisticated enough, says FCA No Brexit exodus from London, Page Group says as it chalks up record profit Digital banking overtakes branch use and may fuel more closures, warns UBS Bankers fear they will … The post Things worth reading: 11th January 2018 appeared first on Chris Skinner's blog.

Bitcoin 171
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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