Trending Articles

Monzo and Marcus: American challengers or just noise?

Chris Skinner

My mate Ron Shevlin is on good form these days.

G7 Raises Concerns Over Facebook’s Libra

PYMNTS

What The Launch Of Facebook’s Libra Means For Payments

PYMNTS

The endless speculation over Facebook ’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. Or does it?

New EMV checkout standards look to create secure, frictionless environment

Mobile Payments Today

The new EMV Secure Remote Commerce specifications may provide a solution to a longstanding problem with ecommerce checkout creating friction for consumers and being vulnerable to fraud

Personal finance app Tally raises $50m to grow its platform business

Bank Innovation

Tally, a consumer finance app that consolidates and pays down customers’ debts, raised $50 million this week to add new services.

Risk.net names IBM for “Financial Crime Product of the Year” and “Best Vendor for Innovation”

Insights on Business

While there is no prize for stopping financial crime (though, arguably there should be), occasionally there is recognition for being an integral and pioneering part of the overall financial crime management effort.

Are legacy companies holding back the future?

Chris Skinner

In my presentations I regularly talk about legacy Europe and America and leapfrog countries from China to India to Kenya to Colombia.

More Trending

How open banking is changing the way ING reaches its customers

Bank Innovation

To Benoît Legrand, chief innovation officer at ING Group, open banking and fintech partnerships are changing the way the bank is meeting customer needs.

A new era of technology enabled financial risk management (Part 1)

Insights on Business

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise.

A bank CEO should be better

Chris Skinner

I annoy a lot of people. I don’t mean to. But anyone with a description of ‘troublemaker’ is going to annoy someone. What’s interesting is the different reactions I get from start-ups, technology firms, banks and internet giants.

Mastercard Introduces True Name Card

PYMNTS

To address a major pain point for the LGBTQIA+ community, Mastercard is introducing the True Name card. The product will allow for chosen names to appear on the front of the card, according to news from Mastercard.

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Mobile Money Platforms: More than just payments

Mobile Payments Today

Companies around the world work with partners to build, launch, and manage complete platforms, customizing systems to meet evolving market demands. executing on revenue goals — to build their businesses. But it’s more than just a business.

Mobile 169

HSBC to focus on tech in U.S. branch expansion plans

Bank Innovation

HSBC, a top global bank with $2.6 trillion in assets, is making technology a core component of U.S. branch expansion plans. The bank today announced the opening a new location in Cupertino, California, along with 50 planned new branches in the U.S. to be constructed over the next four years.

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Sales compensation accuracy: Questions, questions, questions

Insights on Business

Humans are an inquisitive bunch, salespeople especially so. There is a never-ending list of questions buzzing around a salesperson’s head and never more so than when it comes to the question of compensation. Am I meeting my customer’s needs? How do I get to the CFO?

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So, Facebook launched a currency …

Chris Skinner

I’ve blogged a few times about Facebook planning to launch a currency … Will Facebook become the world’s central bank? If Facebook launch a cryptocurrency, will US government shut it down? … and the fact that most regulators won’t like it.

Ripple Plans MoneyGram Investment Of Up To $50M

PYMNTS

In what could be one of the first investments by a crypto-based firm in a major U.S. firm that is publicly traded, Ripple Inc. has arranged to invest up to $50 million in MoneyGram International Inc. Ripple is the company behind the XRP digital currency, The Wall Street Journal reported.

Deadline looming for Bank Customer Experience awards competition

Mobile Payments Today

Only one day remains to submit award entries for the annual BCX Summit for banks and fintechs in several important categories

Facebook could be for crypto what AOL was for internet adoption

Bank Innovation

Facebook Inc., a centralized corporate giant with a history of customer data use controversies, is an unlikely candidate for bringing cryptocurrencies to the masses. Yet many digital-assets enthusiasts are now hanging their hopes on the company’s new digital coin succeeding where Bitcoin has not.

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Abt Electronics, Inc. simplifies rebates and co-op fund capture with IBM Incentive Compensation

Insights on Business

Vendor rebates and co-marketing funds can be difficult for retailers to track and successfully capture, especially when multiple, siloed legacy systems are involved.

Fast follower strategies = final failures

Chris Skinner

I was having dinner with a friend the other night, when he asked me: “what do you think about the fast follower strategy?” I said it was stupid and doesn’t work. He then added that the major bank he’s working with are proud that this is their strategy.

Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

Open banking is nothing if not a lot of moving parts and complications. But could merchant incentives help fuel this ongoing effort at digital payments innovation?

Intelligent Devices: A Guide to IoT Applications for Retail Device Manufacturers

Mobile Payments Today

Retailers are increasingly incorporating Internet-of-Things devices into store operations, but delivering on the value proposition requires dependable connectivity

Ellevest’s Krawcheck believes market is big enough for many winners

Bank Innovation

Sally Krawcheck, co-founder and CEO of digital investment advisory company Ellevest, has built an investment product geared at a market she said many digital wealth platforms aren’t effectively reaching: women.

Banks: Digitally decouple the core to compete in an open-access world

Accenture

Guest bloggers Ben Lopez and Charlie Arthy continue their series on achieving simplified, future-ready bank operations. .

Things worth reading: 19th June 2019

Chris Skinner

Shares In Western Union Dip On News Of Facebook Crypto Libra

PYMNTS

Shares in Western Union have fallen on Tuesday (June 18) on the news that Facebook is going to release a new cryptocurrency called Libra , according to a report by CNBC. Western Union stocks fell 1.7 percent, making the company one of the worst performing ones on the S&P 500 index.

Deadline extended for Bank Customer Experience awards competition

Mobile Payments Today

The deadline has been extended to submit award entries for the annual BCX Summit for banks and fintechs in several important categories

Fintech CEOs bullish on blockchain tech, give thumbs down on applications

Bank Innovation

Fintech executives sounded off on blockchain at CB Insights’ Future of Fintech conference this week. According to Henrique Dubugras, CEO and co-founder of Brex, blockchain is overhyped but cryptocurrencies are underrated.

The doctor is in: Sales Design Thinking at the intersection of scientific method and creative problem solving

Insights on Business

Before becoming a sales consultant, I spent nearly twenty years working in healthcare.

Things worth reading: 14th June 2019

Chris Skinner

Target Says Weekend Outage Due To NCR Glitch

PYMNTS

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment.

Global Consumer Adoption of Alternative and Contactless Payments I Wearables I Contactless I Cashless I Mobile Payments I Trends I Survey

Mobile Payments Today

Download this global infographic to discover the findings of a recent independent survey commissioned by Transaction Network Services into consumer opinions of alternative payment methods like wearables, smartwatches, contactless cards and mobile apps and their willingness to adopt them

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Square’s Cash app downloads exceed Venmo’s in May

Bank Innovation

The peer-to-peer payments race is now more than a duel between bank-backed Zelle and Paypal-owned Venmo. According to a report released Thursday from Nomura Instinet analyst Dan Dolev, Cash app downloads grew by 2.2 million in May, up from 2 million in April. Meanwhile, Nomura reported that new downloads of Venmo were up 1.7 million […]. Daily Post 3 Exclusive Payments Pay With Venmo Square Square Cash App Venmo Zelle

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Why SBA Lending May Offer Growth Prospects for Credit Unions

Abrigio

Business borrowers really like credit unions – when they use them. In fact, credit unions have some of the highest business-borrower satisfaction rates among all types of lenders, according to the Federal Reserve’s latest Small Business Credit Survey.

Things worth reading: 17th June 2019

Chris Skinner

Things we’re reading today include … Challengers under fire from Bank Bank of England says new lenders could be ill-prepared for downturns Deutsche Bank to set up 50 billion euro bad bank: FT The Bank of England’s biggest problem?

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Cybersecurity Turns To Crowdsourcing Amid Hiring Woes

PYMNTS

Cybersecurity is one of the main tasks in the world of digital commerce and payments, and it’s a task that is getting more attention from consumers, companies, regulators and others.

Modern companies need to look beyond the ERP

Mobile Payments Today

As companies use technology to manage their accounts receivables and payables, they need to take a hard look at several factors regarding the solutions they choose to employ