Payments Dive

FEBRUARY 8, 2019

Futurist Ian Khan sees the potential for blockchain going beyond revolutionizing the payments industry to transforming entire cities.

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blockchain Payments Industry 412

Bank Innovation

FEBRUARY 8, 2019

Insurance management software provider CoverWallet was the biggest source of growth for Zurich Insurance Group's SME business in Spain last year. As a result of this success, Mario Greco, CEO of the Swiss insurance company noted that the CoverWallet service will be expanded to its customers in Switzerland in 2019. Greco noted in the earnings […].

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Fintech Software Groups Management 210

Payments Dive

FEBRUARY 8, 2019

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing.

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Video Fintech Mobile Payments 286

Bank Innovation

FEBRUARY 8, 2019

Most finance professionals are not using APIs to facilitate faster payments, according to a new report from TD Bank. Even more surprising is that many of them don’t intend to use APIs in the future. Faster payments is a top priority for many FIs, the TD Bank survey found. About 60% of respondents expect to […].

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Report blockchain Payments Survey 186

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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

Lending

Payments Dive

FEBRUARY 8, 2019

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing.

Video 230

Video Fintech Mobile Payments 230

PYMNTS

FEBRUARY 8, 2019

IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout New York State. The Center will be set up for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation, and help solidify the region as a global hub for research and development.

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New York Regional Innovation Capital 191

Bank Innovation

FEBRUARY 8, 2019

More banks are opening up to open banking and the idea of sharing data, at least abroad. Lloyds Banking Group plc this week rolled out a new open banking functionality for its mobile banking app, allowing customers to view their current accounts from other providers within the app. The company said Lloyds Bank and Halifax […].

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Groups Mobile Data Company 170

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. However, venture capitalists are urging caution on the tech startup community.

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Fintech Capital New York City Analysis 188

Bobsguide

FEBRUARY 8, 2019

The US handles almost a quarter (22.6%) of all bitcoin volumes, according to coin.dance statistics, yet regulators across the country’s 50 states have different rulings on the legality and usage of virtual currencies. Under the Supremacy Clause (Article VI, Clause 2) of the Unites States.

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Regulation US cryptocurrency United States 156

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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

Report

PYMNTS

FEBRUARY 8, 2019

The payments landscape in Europe is set to change later this year, with PSD2 joining GDPR in a kind of early 21 st -century digital balancing act. Meanwhile, airlines and other travel vertical players face fresh pressures on alternative payments , and new payday loan regulations are looming. Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods.

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Payments Regulation Compliance Operations 182

Payments Source

FEBRUARY 8, 2019

With the backing of these establishments and Federal Deposit Insurance Corporation (FDIC) protections, the cloud of uncertainty surrounding cryptocurrencies will begin to lift, writes Eric Solis, founder and CEO of MovoCash.

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cryptocurrency FDIC Bitcoin Payments 104

PYMNTS

FEBRUARY 8, 2019

Amazon has launched a brand new video streaming service called Amazon Live , according to reports. The service features live shows from Amazon’s talent pool and also from brands through an app called the Amazon Live Creator. Shows on the service operate much like QVC does, with hosts talking about and demonstrating Amazon products. Under the video, customers can view product details and buy things.

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Video Branding Mobile Cards 166

Payments Source

FEBRUARY 8, 2019

A bounty of stolen payment credentials and complex processing makes online travel booking a crook's delight, but machine learning could be the tonic to combat a wave of fraud.

Fraud 99

Fraud Online Payments 99

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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.

Lending

PYMNTS

FEBRUARY 8, 2019

Western Union shares took a slight dip in after-hours trading yesterday (Feb. 7) when its Q4 earnings met analyst expectations on adjusted earnings per share (EPS), but came in slightly below estimates on revenue. Revenue hiccup aside, however, Western Union CEO Hikmet Ersek remained positive and forward-focused on the result. “In 2018, we made important strategic progress.

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Branding Operations Company Strategy 164

Bobsguide

FEBRUARY 8, 2019

Adobe, the stock content platform, is straying more and more outside of its traditional heartlands to offer digital KYC solutions in an attempt to reduce the cost of compliance for its financial services customers. “Our customers tell us they can achieve huge time and cost savings, reduce.

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Compliance US 98

PYMNTS

FEBRUARY 8, 2019

The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. On Friday (Feb. 8), Financial Times reported that Visa boosted its bid for the company to roughly 247 million pounds, topping the 233 million that had been offered by Mastercard last month. The latest offer equates to about 37 pence, which in turn is about 23 percent above the original bid that started the back-and-forth, and which came in December of 2018.

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Regulation Management Report Payments 159

Bobsguide

FEBRUARY 8, 2019

Major tier one banks are putting pressure on trading venues to provide a much more compliant Securities Financing Transaction Regulation (SFTR) confirmation file from the beginning, according to Jonathan Lee, a senior regulatory reporting specialist at Kaizen. “Pretty much everyone in the.

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Regulation Security Report 98

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

PYMNTS

FEBRUARY 8, 2019

U.K. marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). The solution is designed to help small businesses manage spend while traveling across borders, the companies said in a press release on Thursday (Feb. 7), while also helping SMBs save on foreign exchange (FX) costs.

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Cards Lending Management Operations 152

Payments Source

FEBRUARY 8, 2019

The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.

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System Customer Experience ATM Online 80

PYMNTS

FEBRUARY 8, 2019

Corporate travel and expense (T&E) management service provider Certify has compiled the most-expensed purchases among its business customers from last year, with Uber dominating the top spot. In a press release on Thursday (Feb. 7), Certify said 11 percent of all transactions expensed on the Certify platform in 2018 were Uber purchases, with Starbucks coming in at number two with 4.1 percent of all transactions.

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Branding Security Management Company 151

Payments Source

FEBRUARY 8, 2019

Mastercard has dropped its name in many brand references but it’s adding a customized sound, which consumers may begin to hear soon as they pay in stores and through voice assistants.

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Branding Payments 72

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

PYMNTS

FEBRUARY 8, 2019

A recent survey showed that retailers are going to get some love on Valentine’s Day, according to reports. The annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics reports that Americans are going to spend a record amount of money on Valentine’s Day , even though there’s been a general decrease in how many people celebrate the holiday over the years.

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Retail Survey Analytics Cards 150

ATM Marketplace

FEBRUARY 8, 2019

Consumers have no doubt adopted payment apps and digital banking to manage their finances, but ATMs remain a common platform for transactions. They also remain a popular target for crime, increasingly in the form of logical attacks. But there is a simple solution to this problem.

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ATM Security Digital Banking Management 77

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. 7) was a really bad day for Grubhub. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. Investor reaction to the disappointment was swift and brutal.

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Taxes Marketing Online Report 148

Payments Source

FEBRUARY 8, 2019

The information you need to start your day, from PaymentsSource and around the Web. Today: Bidding war for Earthport; Movie ticket payment technology expands; Advertising executive launches new retail concept; Barclays invests in Bink; Alipay expands in Canada.

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Retail Technology Payments 67

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending