Sat.Dec 30, 2017 - Fri.Jan 05, 2018

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20 of Europe’s hottest fintech start-ups to watch in 2018

Chris Skinner

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 on in the year ahead? Europe is in the grip of a fintech revolution and 2018 … The post 20 of Europe’s hottest fintech start-ups to watch in 2018 appeared first on Chris Skinner's blog.

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More Financial Professionals Are Looking to Fintech Providers for Commercial Innovation

Bank Innovation

While fintech has made headway in consumer banking, commercial applications have remained a little behind the curve. However, more professionals in finance are looking to fintech providers for technological innovation, a survey by TD Bank released yesterday found. About a third of the 340 financial professionals polled, or 31% of respondents, said they were looking […].

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The smartphone as a mobile identity device

Payments Dive

New mobile technologies make it possible for payments companies to leverage consumers' smartphones as an identity device, enabling compliance with AML and KYC regulations while maintaining the superior user experience that consumers expect.

Mobile 284
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Amazon Launches Cooking Smart Home Skill API

PYMNTS

Amazon has expanded into cooking with its latest round of new skills , with the announcement on Thursday (Jan. 4) of the launch of the Smart Home Skill API. In a blog post , Amazon developer Mike Maas said that developers can now build skills to enable U.S. customers to control microwaves via Alexa, its voice-activated digital assistant. Support for other types of cooking devices, such as convection ovens, will be launched soon, the executive said.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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The FinTech outlook for 2018

Chris Skinner

I usually start the new year by making some predictions, but so many others have been writing about 2018 trends that I’m not going to. There are four big things for 2018 from a FinTech viewpoint that are obvious to me however, which are: Getting down to business with Artificial … The post The FinTech outlook for 2018 appeared first on Chris Skinner's blog.

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More Trending

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PayPal sets the pace for the payments industry in 2018

Payments Dive

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

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OPINION: Is college worth it? Students can learn to calculate the payoff

PYMNTS

Michael Lawrence Collins. Going to college pays off, on average. But to maximize the chance that a college education offers a satisfactory return, students need to think like investors. They need to carefully consider which degrees pay off and why, and they need to make informed decisions about the type of degree and major they select. Investors in financial markets consider many complex variables to mitigate risks and maximize returns.

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How will the world change in 2018?

Chris Skinner

I was asked by my speaker’s agency – Speakers Associates – to give some predictions for 2018. It was interesting to see that they did the same with six other speakers and so thought I would share all of our thoughts here today. How will the world change in 2018? … The post How will the world change in 2018? appeared first on Chris Skinner's blog.

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Will 2018 Be Ether’s Year?

Bank Innovation

EXCLUSIVE – If 2017 was the year that brought bitcoin into mainstream finance, will 2018 be the year for ether? Powered by the Ethereum blockchain, ether started the new year on a positive note, hitting an all-time high of $914 today, according to CoinDesk’s Ethereum Price Index. While the currency’s price has wobbled since then, […].

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The State of Automation in Financial Services 2024 Report

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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How security is the key to mobile ATM access

Payments Dive

Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology to gain traction, it must, first and foremost, provide a secure customer experience.

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Top UK and US firms still overestimating GDPR readiness

PYMNTS

Less than five months before the compliance deadline for the EU’s General Data Protection Regulation (GDPR), most top UK and US firms are still overestimating their state of readiness, a study suggests

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The Top Ten Blog Entries Of 2017

Chris Skinner

Here are the most read blog entries on The Finanser in 2017, starting with the most popular first: 5 Banking Tech Trends for 2017 How banks are getting around open banking and PSD2 The Top 1000 banks in the world 11 FinTech trends you need to follow bitcoin or ether: … The post The Top Ten Blog Entries Of 2017 appeared first on Chris Skinner's blog.

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Want to Improve Consumer Credit? Keep the Focus on FICO, Elevate Says

Bank Innovation

EXCLUSIVE— Alternatives to the traditional FICO credit score have become a popular theme for emerging fintechs, but will it actually help consumers improve their credit? Credit solutions provider Elevate, however, will focus on improving its customer’s relationship with their FICO score in 2018 as well as on alternative methods of scoring. “Consumers are more focused […].

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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All Your Customers Want for the New Year is a Good Customer Experience

Payments Dive

The winter holiday season is such a great time to be with family and friends. It’s a time when we think about others and give gifts to the people we love. Everyone’s mind is on making the holiday experience perfect. As such, customers and companies alike are extra sensitive to their customer experience (CX). I’d.

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Why cloud? Why now? Because your customers won’t wait

Insights on Business

In real estate, the three most important words are “location, location, location.” In banking, the three most important words might be “speed, speed, speed.”. In banking and in financial services generally, we’re seeing new technologies emerge every day, in both customer-facing and operational capabilities. And we’re seeing banks move processes and services to the cloud instead of running them from their own data centers.

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Things worth reading: 5th January 2018

Chris Skinner

Things we’re reading today include … Bitcoin spyware scam empties victim’s bank account 20 Banks That Consumers Loved to Hate in 2017 The year of AI Investment banks earn record $104bn advising on takeovers Rush to fix ‘serious’ computer chip flaws Apple to issue fix for iPhones, Macs at risk … The post Things worth reading: 5th January 2018 appeared first on Chris Skinner's blog.

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Major European FIs Not Prepared for Regulatory Deadline of MiFID 2

Bank Innovation

EXCLUSIVE – A new set of financial regulations in the form of MiFID II has arrived in Europe today, and not everyone is prepared. MiFID II (or Markets in Financial Instruments Directive 2) is a massive set of regulations (7,000 pages) geared towards asset managers and brokers as well as traders of stocks, ETFs and […].

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

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Adieu 2017

Payments Dive

Wow, the end of the year is finally upon us. Thank sweet baby jeebus. This year wasn’t bad or good, it just was. I’m happy to have survived relatively unscathed. 2017 challenged me in good ways and bad. I fought and won, and fought and lost. While the year tried like heck to knock me down, I fought like hell to stay up and keep going and that has made me a better husband, father, leader, and friend.

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The Argument for Risk-Based Security

PYMNTS

A scanner can identify a vulnerability, but only a deep understanding of cyber exposure will tell you about the seriousness of that risk. Here's how and why.

Security 150
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Things worth reading: 3rd January 2018

Chris Skinner

Things we’re reading today include … Big four banks expected to cut 20,000 jobs in 2018 as technology replaces humans UBS Libor ‘chats were company policy’ Bank branch closures: How one town has coped Bankers work around the clock to iron out EU finance reforms US blocks sale of Moneygram … The post Things worth reading: 3rd January 2018 appeared first on Chris Skinner's blog.

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Australia’s Bankwest Opens Waiting List for ‘Halo’ Payment Ring [VIDEO]

Bank Innovation

Australian bank Bankwest has opened a waitlist for its “Halo” payment ring, the first commercial wearable device launched by the bank. The device uses NFC technology to allow users to pay: simply “first bump” the payment terminal, Bankwest says, and go on your way. The ring, alongside other wearable payment technologies, was first beta’d by […].

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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Why digital transformation must be an organisation's top priority in 2018

Bobsguide

What the heck is digital? In 2018 digital transformation will become the number one business priority. But what is it? I was actually asked this question on Bloomberg Radio earlier this year, when the host asked me, “what the heck is “digital”? Isn’t this the same as what.

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Kroger’s Quiet Digital Grocery Push

PYMNTS

The grocery realm has attracted many big headlines over the last few years — a phenomenon that went into overdrive six months ago when Amazon announced it was purchasing Whole Foods. Ever since that inflection point, the narrative surrounding grocery in the U.S. market has changed, framed largely as a competition between Amazon and Walmart , with increasing pressure from discount chains like ALDI.

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Things worth reading: 2nd January 2018

Chris Skinner

Happy New Year, and here’s what we’re reading today … Last chance saloon for Deutsche Bank as investors eye full-year results Dealing with an existential question: What is a bank? Bank of England could issue its own Bitcoin-style currency within a year cutting out the need for high street banks … The post Things worth reading: 2nd January 2018 appeared first on Chris Skinner's blog.

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SoFi CEO, Ousted for Sexual Harassment, Forming Next Fintech Company

Bank Innovation

The founder of online lender, SoFi, who was ousted by his board just a few months ago amid sexual harassment allegations, is already working starting a new company. According to reports, Mike Cagney is looking to start another fintech firm with his wife, June Ou, for which he is looking to raise about $25 million. […].

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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.