Chris Skinner

JUNE 9, 2019

I recently started to worry that people might think I have some sort of arrangement with Ant Financial to publicly endorse them, as I’m such a fan-boy. I talk about what Alibaba, Ant Financial and Alipay is doing in every presentation, blog about them a lot and am thoroughly enraptured … The post Alipay partners with six mobile wallets for Europeans appeared first on Chris Skinner's blog.

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Mobile Fintech Payments 410

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely

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Industry Big Data Fintech Taxes 190

Chris Skinner

JUNE 9, 2019

Things we’re reading today include … I knew the bank would spend any amount to crush me’ Deutsche Bank launches £3m-plus mortgages May I have a word about… the brave new world of banking and fintech | Jonathan Bouquet Sweeping reform needed after Brexit, says French regulator More than a … The post Things worth reading: 10th June 2019 appeared first on Chris Skinner's blog.

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Regulation Fintech 268

PYMNTS

JUNE 9, 2019

G20 finance ministers and central bank governors have requested that the Financial Stability Board ( FSB ), as well as global standard-setting organizations, work together to monitor risks around crypto assets. “While crypto assets do not pose a threat to global financial stability at this point, we remain vigilant to risks, including those related to consumer and investor protection, anti-money laundering (AML) and countering the financing of terrorism (CFT),” said the joint statement, accordin

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Bitcoin ATM Regulation cryptocurrency 181

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Payments Source

JUNE 9, 2019

Financial institutions have different levels of breach protection than health care, heightening the risk, according to Brad Keller, senior vice president and program director at Shared Assessments.

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Data Payments Industry 122

The Paypers

JUNE 9, 2019

(The Paypers) The Paypers interviewed Jordan Graison , Head of Sales at Limonetik , to learn more about the emerging trends in B2B ecommerce

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Trends 63

PYMNTS

JUNE 9, 2019

Google is spending more than any other U.S. tech company on lobbying as the tech sector faces increased scrutiny and the potential for more regulation. According to a report in CNBC citing the Center for Responsive Politics, Google spent $21.17 million on lobbying in 2018 and for two years in a row has been the leading corporate spender among the tech companies.

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Google Regulation Apple Report 115

Money and Payments

JUNE 9, 2019

Over the past weeks, I have been sounding the alarm as to the envisaged FATF-recommendations in the area of virtual assets. Essentially they require the private sector to build in a privacy leaking front-door in all blockchain applications, so that law enforcement officials in the whole world will have useful information already available nearby (rather than having to ask for it when need arises).

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blockchain Regulation Technology 45

PYMNTS

JUNE 9, 2019

China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized banks. Reuters reported that People’s Bank of China made the statement during a meeting with the Financial Stability and Development Committee. The banks and lenders that participated in the meeting also said volatility in the interbank market is calming down.

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Policies Lending Meeting Tools 115

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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The Financial Brand

JUNE 9, 2019

Is the closing of Finn by Chase a recommitment to branches or a lack of commitment to digital transformation? The post Was Chase’s Digital-Only Bank Spinoff a Viable Strategy? appeared first on The Financial Brand.

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Strategy Branding Branch Strategies Digital Banking 33

PYMNTS

JUNE 9, 2019

Lyft , the ride-hailing startup, has filed a lawsuit against San Francisco claiming officials in the city are violating a contract with the ride-hailing company. According to a report in The Verge citing the lawsuit, Lyft contends it has the exclusive rights to run a bikesharing program in the city based on the contract. San Francisco’s Municipal Transportation Agency argues it has the right to sign partnerships with vendors that are dockless or stationless and that Lyft’s contract only gives i

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The Financial Brand

JUNE 9, 2019

While you blinked, 1 in 3 Gen Zers began working, shifting the spotlight slightly off Millennials. These young consumers are very different. The post 15 Things Banks & Credit Unions Must Know Before Targeting Gen Z appeared first on The Financial Brand.

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Millennials Branding Strategy 32

PYMNTS

JUNE 9, 2019

Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca Messina will both be leaving the company. CEO Dara Khosrowshahi told employees in a company-wide email that the progress the firm has made gives him additional time to take a more direct role in day-to-day operations.

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Policies Washington US Operations 139

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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