Chris Skinner

OCTOBER 2, 2017

I’ve said continually that firms like Google and Amazon will never open a bank. appeared first on Chris Skinner's blog.

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PYMNTS

FEBRUARY 1, 2021

Ford and Google are partnering to launch Team Upshift, a six-year partnership intended to advance vehicle innovation and data-driven opportunities. “As Starting in 2023, Ford and Lincoln vehicles will be equipped with built-in Google apps and services powered by the mobile Android operating system.

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Abrigo

FEBRUARY 12, 2025

Banks & credit unions use technology to solve challenges AI today is the result of decades of research and development. In the same way, FIs have consistently leveraged data and technology to solve challenges and serve communities better. Interestingly, banking and lending have been closely tied to this technological journey.

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PYMNTS

NOVEMBER 25, 2019

But as a recent Google announcement demonstrated, FIs are engaging with technology players in new ways as together, they seek to create ecosystems that offer new value to consumers. As VB told Webster, that suggests we should expect to see more of the kinds of moves Google announced two weeks ago.

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PYMNTS

NOVEMBER 19, 2020

Stats like that are in the news this week as Google Pay, by virtue of a revamp , is on its way to becoming a hyperconnected “super app” – tied to smart banking profiled this week. Google is looking to capitalize on some momentum around mobile wallets. So you can scan product barcodes or QR codes straight from Google Pay.”

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PYMNTS

AUGUST 14, 2020

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. And in education, Google and Apple are facilitating students’ return to class with the help of technology. All this, Today in Data. 7.3K: Minimum number of Circle K stores in operation in the U.S.

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PYMNTS

AUGUST 13, 2020

Waze, the popular GPS navigation app owned by Google, has introduced contactless payments for ExxonMobil and Shell card holders in the U.S. Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S. country manager, in a statement.

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PYMNTS

DECEMBER 17, 2020

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. by Colorado Attorney General Phil Weiser, and represents the third government antitrust suit that Alphabet-owned Google is facing.

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Perficient

JANUARY 5, 2021

Perficient’s AVPs represent a cross-section of the firm’s end-to-end digital consulting portfolio, and will provide leadership and strategy for areas including management consulting, cloud platform solutions and integration technologies, custom software development and mobile solutions, and optimized global delivery capabilities.

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PYMNTS

DECEMBER 10, 2020

As the world becomes increasingly digitized and more consumers embrace the speed and convenience of contactless purchases, Jim McCarthy , president of payment technology and innovation firm i2c , said banks have been left behind and should focus on what they do best — compliance. They can be good, but that’s not their core competency.

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PYMNTS

SEPTEMBER 22, 2020

Department of Justice (DOJ) is putting the finishing touches on its antitrust lawsuit against Google that could be filed as early as this week, sources told The New York Times. Google didn’t immediately respond to a request for comment. Google, Facebook Inc. If successful, it would break up Google’s ad technology business.

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Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE— Is Google looking to become a fintech power? The company, which reported strong results for its third quarter yesterday, seems to be expanding its focus on finance, specifically on platforms that integrate or otherwise support payments and mobile technologies in its many markets.

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PYMNTS

JANUARY 18, 2019

Fossil Group has announced that it is selling $40 million of intellectual property (IP) related to smartwatch technology to Google. We’ve built and advanced a technology that has the potential to improve upon our existing platform of smartwatches. million units in 2022.

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Bank Innovation

MARCH 22, 2017

Machine learning could be quite influential on cloud services (and FIs), which is why Google’s experiments with it are ongoing, according to Gavan Corr, principal, financial services for Google Cloud. Financial services has been at the forefront of machine learning–a lot of what we call machine learning is really math.

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Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. For one, […].

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PYMNTS

JANUARY 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As

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PYMNTS

SEPTEMBER 28, 2020

Despite an order from the European Union ’s antitrust watchdog to curb its anticompetitive practices, Google continues to boost its market power, according to Reuters , which cited a study released Monday (Sept. In 2017, the European Commission , responsible for managing the day-to-day business of the EU, fined Google 2.4 3 election.

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Perficient

FEBRUARY 12, 2025

As technology advances and consumer expectations shift, staying ahead of these trends is crucial for success. Payments Trend #1: AI-Driven Payment Innovations The landscape of payments and financial services in 2025 will be marked by groundbreaking innovations and user-centric designs powered by Generative AI (GenAI).

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PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

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PYMNTS

SEPTEMBER 30, 2020

Months of investigations into Google’s alleged violation of antitrust laws is expected to culminate in a lawsuit as early as next week, sources told Reuters. Google has said users can choose Amazon to buy products and Twitter for news. Attorney General William Barr has vowed to bring the case against Google by Oct.

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PYMNTS

SEPTEMBER 30, 2020

The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. The collaboration will make every Aspire card available through Google Pay. The net result will be streamlined access to digital payment options and more innovative services for end users.”.

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Perficient

MARCH 1, 2021

This week, Red Hat announced its acquisition of StackRox , a leader and innovator in container and Kubernetes-native security. In addition to OpenShift, StackRox will continue to support other Kubernetes platforms, including Amazon Elastic Kubernetes Service (EKS), Microsoft Azure Kubernetes Service (AKS), and Google Kubernetes Engine (GKE).

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PYMNTS

MAY 9, 2019

Google has announced that it is working on bringing electronic IDs to Android devices, according to reports. The digital ID card would replace an actual ID card but would work the same way, as Google wants it to be used in all “physical world transactions.” It’s hard to predict when that will lock down,” Mayrhofer said.

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PYMNTS

NOVEMBER 12, 2020

urged antitrust regulators to act fast in enforcement toward Google. Google Critics From US, UK Demand Prompt Antitrust Enforcement. as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible.

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PYMNTS

OCTOBER 7, 2020

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon , Apple , Facebook and Google have become too powerful and might need to be broken up. Google: Americans Like Our Free Products. Amazon Slams ‘Fringe Notions on Antitrust’.

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Bank Innovation

JUNE 4, 2018

billion acquisition of iZettle, or Adyen’s IPO announcement, it's safe to expect payments-focused innovation from banks and FIs as well. A recent report by PYMNTS titled “Innovation Readiness Playbook,” showed that 80% of the small FIs and banks surveyed listed payments technology as the top […].

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PYMNTS

SEPTEMBER 24, 2018

Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. But what can businesses looking to expand abroad learn from the most successful payments innovations in these markets?

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Innovation Report Payments Mobile 190

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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Chris Skinner

JULY 22, 2020

I’ve seen a few big deals signed this month to get banks onto the cloud, such as National Australia Bank (NAB) switching to Microsoft’s Azure, and Deutsche Bank moving to the Google Cloud. McKinsey expect that cloud usage will rise from less than a quarter of banks business being cloud-based to … The post Hey bank, get onto my cloud!

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PYMNTS

MARCH 12, 2020

Many CU executives express growing concerns about the looming competitive threat posed by digital-first competitors, including not only challenger banks like Chime, Ally and GoBank, but also BigTech and FinTech firms, from PayPal, Google and beyond. Yet the innovation possibilities expand far beyond P2P payments. As much as 41.4

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South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

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PYMNTS

SEPTEMBER 23, 2020

In today’s top news, the DOJ’s antitrust case against Google will focus on its power over internet searches, and GoodRx priced its stock at $33 a share, above its target. DOJ Antitrust Case Against Google to Focus on Search. The funds can help businesses meet surging customer demand and spur innovation. billion, Axios reported.

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PYMNTS

FEBRUARY 4, 2019

Artificial intelligence has started — slowly — to make its presence felt in payments and commerce, including in fraud prevention, via early deployments of the technology and cutting-edge AI algorithms. The race to get ahead on the technology is now gaining clarity as well. Fresh data from the U.N.

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PYMNTS

OCTOBER 25, 2018

Anthem, the health insurance company, has landed Udi Manber, the Google executive who ran engineering for its core search products, as its new head of artificial intelligence. He is the first executive in the company with this role and marks the most recent technology executive to move over into the health insurance market.

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PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Innovating for Community Banks. Community banking is no exception.

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PYMNTS

OCTOBER 20, 2020

against Google, joined by 11 states attorneys general, alleging the tech giant has used its dominant position in the online search market unfairly against competitors. Without antitrust enforcement, Google will continue to insulate itself from competition. Tuesday, Oct. Those monopolies are durable and self-sustaining, said the DOJ.

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