Trending Articles

From Startup To Global Payments Giant: Visa Turns 60

PYMNTS

Sixty years ago today (Sept. 18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup was a bank, and its innovation was a single card that could be used by consumers to purchase things on credit from many different merchants. The card eliminated the need for consumers to establish credit with multiple merchants, then carry multiple cards issued by each of those merchants to pay for purchases over time.

A third of banks expect to hold cryptocurrencies on their balance sheets

Chris Skinner

I received a really interesting report from the law firm DLA Piper last week.

Financial Institutions Aren’t Prepared for the Digital Revolution

Chris Skinner

I recently did an interview with my American friend Jim Marous over on The Financial Brand. It’s a good interview so I thought I would post my answers here. Feel free to comment!

Zions Bancorporation improves customer service with master data management

Insights on Business

Banks and financial services continually face growing demands to improve customer experience.

Mastercard and Microsoft Partner on Global Trade and Payment Tracking Solution

Bank Innovation

Mastercard announced a new B2B payments platform for merchants yesterday, built using Microsoft Azure, the software company's cloud computing service.

More Trending

Balancing customer expectations (and risks) in real-time payments

Insights on Business

IBM RegTech Innovations. Riddle me this?

Asia Will Lead In Use of AI and Automation in Financial Services, Study Says

Bank Innovation

The advent of AI technology, with innumerable use cases for financial services, will also have a great impact on cost savings and output for companies. By 2030 the global growth rate for use of automation technology in companies, including fintech and financial services, will stand at 15%.

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CBW Bank sharpens focus on digital banking, fintech collaboration

Mobile Payments Today

Suresh Ramamurthi, chairman and CTO of CBW Bank, opened the annual Bank Customer Experience conference with a keynote speech detailing his financial institution's unique journey

When Economies Sour, The Hedgers Stand Tall

PYMNTS

Silver linings. Blessings in disguise. Opportunities are knocking. Pick a favorite cliché — it’s OK — and feel free to apply it to this current phase of global economic volatility.

The five key levers for radical transformation in financial services for digital success

Insights on Business

If Charles Darwin were still alive, I wonder what he would think about the evolution of banks? Once again, banks are being forced to evolve or die. And financial institutions that fail or refuse to become cognitive and digital will get left behind. It’s survival of the fittest at its finest.

USAA on the Future of Customer Engagement

Bank Innovation

Bank Innovation and its sister accelerator INV Fintech are holding a meetup next week featuring two executives from USAA: Darrius Jones, VP of Innovation, and Pat Kelly, AVP Emerging Channels. The two will discuss how customer engagement will evolve as banking becomes increasingly digital.

Banking, fintech innovators recognized with Bank Customer Experience awards

Mobile Payments Today

Networld Media Group, publisher of ATM Marketplace, Mobile Payments Today and World of Money, presented four awards on the evening of Thursday, Sept. 13, during a banquet held as part of the 6th annual Bank Customer Experience Summit in Chicago

Things worth reading: 17th September 2018

Chris Skinner

NEW REPORT: The Cutthroat, Consumer-Centric Grocery Price Wars

PYMNTS

Americans spent some $682 billion on groceries in 2017 alone. The bulk of that spending took place at brick-and-mortar grocery stores and supermarkets, but all of that is changing as consumers turn to digital channels.

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Balancing customer expectations (and risks) in real-time payments

Insights on Business

IBM RegTech Innovations. Riddle me this?

Why Ripple Secured a Deal with NCB, Second-Largest Bank in Middle East

Bank Innovation

Ripple brought onboard National Commercial Bank Saudi Arabia to its blockchain payment network, RippleNet, the company announced yesterday. With $120 billion in assets, NCB is the second-largest financial institution in the Middle East.

Carrier billing in India: 2018 market report

Mobile Payments Today

India is the second largest smartphone market in the world. Learn more about the digital ecosystem of the country from Fortumo's latest market report

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Things worth reading: 18th September 2018

Chris Skinner

Things we’re reading today include … Fewer than 2pc of bank chiefs worldwide are women despite value of female executives, says IMF Why Is This Supersafe Bank Scaring the Fed?

Today In Data: Consumer Necessity Is The Mother Of Retail Innovation

PYMNTS

Everyone is looking for more these days: more sales, more experiences, more commerce touchpoints, more security, more seamlessness. Consumers want faster authentication methods, buyers want to onboard more suppliers faster and businesses want more incentives to keep good employees.

For UWCU, Excellence in Indirect Lending Resulted in Significant Growth

CU Direct

Indirect lending provides credit unions with the unique ability to offer a convenient method of financing to members, while also having the opportunity to grow their member base.

TD Bank Launches B2B Electronic Payment Service

Bank Innovation

Starting today, TD Bank launched a payments solution enabling its small business customers to make and customize electronic B2B payments. The service, unveiled today, will be provided through payments company Bottomline Technologies' Paymode-X with Visa Payables Solutions.

What is Card-on-File EMV Tokenization?

Mobile Payments Today

The way we pay is changing. Consumers are now using their PC, smartphones, wearable devices and even cars to buy goods and services

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The Finanser’s Week: 3rd September – 9th September 2018

Chris Skinner

The main blog headlines are … Ten years since Lehmans collapsed and the GFC started It’s September 14. It’s exactly ten years since Lehman Brothers collapsed. It’s ten years since the touchpaper was lit that sparked the Global Financial Crisis (GFC).

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How HomeAway Uses Real-Time Data To Stay ‘Locally Relevant’

PYMNTS

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Affinity Plus CUs Approach to Innovation in Lending

CU Direct

Lending is top priority for credit unions who wish to thrive in today’s market, and to do so, innovative practices are key. The faster a credit union is able to originate and approve a loan, the more loans they will fund.

Bank of America Merrill Lynch Launches Mobile Wallets for Corporate Clients

Bank Innovation

Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients. As of today, corporate cardholders in the U.S.

5 Reasons Why e-Commerce Sites Need a Token Gateway

Mobile Payments Today

Card-on-file is fundamental to the digital commerce ecosystem, as it facilitates the delivery of payment methods such as one-click ordering and recurring payments

Cards 100

Today marks ten years since Lehmans collapsed and the GFC started

Chris Skinner

It’s September 14. It’s exactly ten years since Lehman Brothers collapsed. It’s ten years since the touchpaper was lit that sparked the Global Financial Crisis (GFC).

NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect

PYMNTS

Paper checks have long been used in the B2B industry, serving as one of the few ubiquitous payment methods in an otherwise highly fragmented market. Now, many businesses are looking to change that. Checks are still common, but given the choice, many companies would prefer to pay in a different way.

How Excellence in Dealer Engagement Led BECU To a Record-Breaking Year

CU Direct

As credit unions continue to increase their presence in the auto lending marketplace, dealer engagement only becomes more essential.

PayPal Launches Funds Now Feature for SMB Merchants

Bank Innovation

Payments giant PayPal unveiled a new feature that gives merchants realtime access to funds from completed sales. The feature, revealed today, is aptly called Funds Now. Like Uber’s Instant Pay, PayPal’s Funds Now feature gives select businesses across the U.S.,

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Data Breaches: Spotlight on the Malware Menace | Ransomware | Security | POS | Hospitality | Retail

Mobile Payments Today

Research puts the top three industries targeted by malware as accommodation and food services, public administration and retail. This infographic gives key insights into how malware is being used by criminals to target the point-of-sale and how this phenomenon shows no signs of waning

Things worth reading: 13th September 2018

Chris Skinner

Things we’re reading today include … U.S.

Can Guitar Center Get Its Groove Back?

PYMNTS

Though much of retail has been buoyed by a rising tide of strengthened sales and renewed consumer confidence, some sellers out there continue to struggle to grab a foothold during changing times. Guitar Center, founded in 1959, is one such business. Sales have fallen off sharply in recent years, which, while a problem on its own, is compounded by the fact that brand finds itself sitting under $1 billion in outstanding debt.