INDUSTRY INSIGHTS YOUR PEERS ARE READING
When consumers make a purchase online or through a mobile app, they expect the process to be simple and secure. However, they also expect to be able to pay using the method of their choosing, and in their local currency. MORE
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. According to Quartz , the U.S. government collected approximately $4.7 MORE
A recent survey by Accenture found chief financial officers are taking on expanded roles in helping banks become data-centric and better equipped, in terms of technology, for what will likely be a volatile future. MORE
Despite contactless and biometric payments being on the rise, a recent survey of Spanish adults commissioned by Transaction Network Services has highlighted the strong demand for ATMs for immediate access to cash. Download your copy of this infographic to learn more MORE
The main blog headlines are … Teach children the things that machines cannot learn I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates. MORE
Recently, financial institutions have come under fire for a not illegal, but potentially suspicious form of investing. MORE
Things we’re reading today include … CYBG cancels digital bank deal with ex-Barclays chief Five ways banks are responding to the fintech threat Mark Carney ‘has damaged credibility of Bank of England’ Central bank independence – Is that even a thing? Rabobank explores sale of U.S. MORE
As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel aimed at streamlining the adoption of the standard for more efficient payments in the country. MORE
I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates. They learn to parrot-fashion repeat things, and are tested to see if they can remember. MORE
Alexa is listening. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that lives in Echo smart speakers as well as a growing array of other devices. MORE
Venture-backed fintech funding saw a dip in value and deals globally in the third quarter, compared with the record high 2Q quarter, according to a CBInsights report, with a total of $5.64 billion raised across 375 deals. The report shows that the U.S. MORE
Google Cloud has announced a partnership with artificial intelligence and data analytics firm ThoughtSpot to develop cloud analytics solutions for the enterprise. In a press release issued on Tuesday (Nov. MORE
Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. MORE
At the conference I attended the other day, one speaker highlighted some InsurTech I’d not seen before but thought pretty cool. It’s a prototype service from Direct Line called Fleetlights. MORE
Have you ever seen your credit report? It is often a requirement for job applicants in Kenya to obtain a “clearance certificates” from a credit reference bureau (CRB) as one of the half-dozen source documents to be considered in their vetting. MORE
For thousands of years, humans have harnessed microorganisms to produce valuable byproducts — namely, beer. But thanks to new innovations in gene editing and robotic lab automation, synthetic biology is enabling completely new possibilities. MORE
A session at the recent Money20/20 conference in Las Vegas attempted to clarify the roles that technology companies are playing in financial services and how traditional financial institutions are working with them MORE
How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic. To that end, Chase , the largest card issuer in the U.S., said Wednesday (Nov. 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio. MORE
University of Wisconsin Credit Union (UW Credit Union) has come a long way with its indirect auto lending since first implementing CU Direct’s CUDL Platform – in more ways than one. Mike Long, Executive Vice President and Chief Credit Officer for the $2.7 MORE
Riding the hype of Facebook’s historic acquisition of Oculus, the virtual reality (VR) space saw a major uptick in corporate interest. In the years following, earnings call mentions of VR swelled, hitting a peak in 2016 with 140 mentions. Since then, however, hype has fallen. MORE
INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services. MORE
Is a contactless public transportation system a sign of an advanced digital payments society? Important players like Mastercard would think so. Take the U.K., for instance,” Iain McLean, Mastercard’s senior vice president of market development in Canada told Bank Innovation. MORE
After the success of Corporate Innovation Theater , we wanted to issue a more comprehensive guide to corporate innovation. Something actionable and easy to digest. MORE
Veterans Day is Nov.11 in the U.S. — a day set aside each year since 1954 to honor all those who have served in the military. There are roughly 26 million veterans in the U.S. today and, each year, about 1 percent of those eligible for service enlist. MORE
At last month’s Money20/20 conference, the event brought over 10,000 people together and hosted speakers from start-up disruptors to incumbent financial institutions, and everything in between. IBM was there in full force. And I had the pleasure of hosting a panel of CEOs three mornings in a row. MORE
I often find myself in weird or frustrating situations that I don’t know how to break. MORE
Sir Richard Branson, the British billionaire entrepreneur, philanthropist and visionary, never outgrew his passion to change the world MORE
A panel at the Money20/20 show cited progress in transaction protocols for mobile payments MORE
Twenty years ago, I worked on a strategy for the future of banking. My conclusion was that banks would merge with telecommunications firms and become hybrid institutions. Twenty years later, it hasn’t happened. But will it? MORE
There’s nothing like a true story to bring a point home, so here’s my latest one. I’m starting a new venture. It’s a philanthropic thing, thing to do with banking, but because we are seeking sponsorship, we need to open a bank account. MORE
154 A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S. MORE
MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil. MORE
To be a sales compensation manager (SCM) is a position that many would not envy. You are tasked with administering and executing a structured, and often complex, commission plan to sales agents. MORE
This post, the 3rd in a series of 4, is written by Sheldon Freedman , a fintech and funds lawyer at Hassans in Gibraltar. Click here for last week’s post in this series. MORE
A recent report from research company Forrester encourages banks to abandon the traditional “buy vs. build” approach to creating banking development platforms in favor of a more modern, modular approach called “buy, build, extend and assemble.” MORE
PYMNTS
NOVEMBER 15, 2018
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. According to Quartz , the U.S. government collected approximately $4.7
Chris Skinner
NOVEMBER 14, 2018
Twenty years ago, I worked on a strategy for the future of banking. My conclusion was that banks would merge with telecommunications firms and become hybrid institutions. Twenty years later, it hasn’t happened. But will it?
Chris Skinner
NOVEMBER 8, 2018
I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates. They learn to parrot-fashion repeat things, and are tested to see if they can remember.
Mobile Payments Today
NOVEMBER 9, 2018
A session at the recent Money20/20 conference in Las Vegas attempted to clarify the roles that technology companies are playing in financial services and how traditional financial institutions are working with them
Insights on Business
NOVEMBER 8, 2018
At last month’s Money20/20 conference, the event brought over 10,000 people together and hosted speakers from start-up disruptors to incumbent financial institutions, and everything in between. IBM was there in full force. And I had the pleasure of hosting a panel of CEOs three mornings in a row.
Bank Innovation
NOVEMBER 12, 2018
INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services.
PYMNTS
NOVEMBER 14, 2018
Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Mobile Payments Today
NOVEMBER 13, 2018
While the emergence of fintechs has challenged established financial service institutions, the collaboration taking place has blurred the some of the distinctions between the two
Insights on Business
NOVEMBER 12, 2018
Bank Innovation
NOVEMBER 13, 2018
Venture-backed fintech funding saw a dip in value and deals globally in the third quarter, compared with the record high 2Q quarter, according to a CBInsights report, with a total of $5.64 billion raised across 375 deals. The report shows that the U.S.
PYMNTS
NOVEMBER 15, 2018
How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic. To that end, Chase , the largest card issuer in the U.S., said Wednesday (Nov. 14) that it’s rolling out tap-to-pay functionality across its Chase Visa card portfolio.
Mobile Payments Today
NOVEMBER 14, 2018
Despite contactless and biometric payments being on the rise, a recent survey of Spanish adults commissioned by Transaction Network Services has highlighted the strong demand for ATMs for immediate access to cash. Download your copy of this infographic to learn more
Insights on Business
NOVEMBER 8, 2018
Recently, financial institutions have come under fire for a not illegal, but potentially suspicious form of investing.
Bank Innovation
NOVEMBER 15, 2018
A recent report from research company Forrester encourages banks to abandon the traditional “buy vs. build” approach to creating banking development platforms in favor of a more modern, modular approach called “buy, build, extend and assemble.”
PYMNTS
NOVEMBER 13, 2018
When consumers make a purchase online or through a mobile app, they expect the process to be simple and secure. However, they also expect to be able to pay using the method of their choosing, and in their local currency.
Chris Skinner
NOVEMBER 13, 2018
There’s nothing like a true story to bring a point home, so here’s my latest one. I’m starting a new venture. It’s a philanthropic thing, thing to do with banking, but because we are seeking sponsorship, we need to open a bank account.
Mobile Payments Today
NOVEMBER 15, 2018
Sir Richard Branson, the British billionaire entrepreneur, philanthropist and visionary, never outgrew his passion to change the world
Insights on Business
NOVEMBER 14, 2018
To be a sales compensation manager (SCM) is a position that many would not envy. You are tasked with administering and executing a structured, and often complex, commission plan to sales agents.
Bank Innovation
NOVEMBER 15, 2018
Is a contactless public transportation system a sign of an advanced digital payments society? Important players like Mastercard would think so. Take the U.K., for instance,” Iain McLean, Mastercard’s senior vice president of market development in Canada told Bank Innovation.
PYMNTS
NOVEMBER 13, 2018
A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S.
Chris Skinner
NOVEMBER 13, 2018
I often find myself in weird or frustrating situations that I don’t know how to break.
Mobile Payments Today
NOVEMBER 8, 2018
A panel at the Money20/20 show cited progress in transaction protocols for mobile payments
CB Insights
NOVEMBER 9, 2018
After the success of Corporate Innovation Theater , we wanted to issue a more comprehensive guide to corporate innovation. Something actionable and easy to digest.
Bank Innovation
NOVEMBER 15, 2018
Alexa is listening. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that lives in Echo smart speakers as well as a growing array of other devices.
PYMNTS
NOVEMBER 12, 2018
Veterans Day is Nov.11 in the U.S. — a day set aside each year since 1954 to honor all those who have served in the military. There are roughly 26 million veterans in the U.S. today and, each year, about 1 percent of those eligible for service enlist.
Chris Skinner
NOVEMBER 11, 2018
The main blog headlines are … Teach children the things that machines cannot learn I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates.
CU Direct
NOVEMBER 13, 2018
University of Wisconsin Credit Union (UW Credit Union) has come a long way with its indirect auto lending since first implementing CU Direct’s CUDL Platform – in more ways than one. Mike Long, Executive Vice President and Chief Credit Officer for the $2.7
CB Insights
NOVEMBER 12, 2018
Riding the hype of Facebook’s historic acquisition of Oculus, the virtual reality (VR) space saw a major uptick in corporate interest. In the years following, earnings call mentions of VR swelled, hitting a peak in 2016 with 140 mentions. Since then, however, hype has fallen.
Bank Innovation
NOVEMBER 8, 2018
A recent survey by Accenture found chief financial officers are taking on expanded roles in helping banks become data-centric and better equipped, in terms of technology, for what will likely be a volatile future.
PYMNTS
NOVEMBER 12, 2018
As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel aimed at streamlining the adoption of the standard for more efficient payments in the country.
Bankelele
NOVEMBER 13, 2018
Have you ever seen your credit report? It is often a requirement for job applicants in Kenya to obtain a “clearance certificates” from a credit reference bureau (CRB) as one of the half-dozen source documents to be considered in their vetting.
CB Insights
NOVEMBER 8, 2018
For thousands of years, humans have harnessed microorganisms to produce valuable byproducts — namely, beer. But thanks to new innovations in gene editing and robotic lab automation, synthetic biology is enabling completely new possibilities.
Bank Innovation
NOVEMBER 12, 2018
MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil.
PYMNTS
NOVEMBER 14, 2018
Google Cloud has announced a partnership with artificial intelligence and data analytics firm ThoughtSpot to develop cloud analytics solutions for the enterprise. In a press release issued on Tuesday (Nov.
Chris Skinner
NOVEMBER 13, 2018
Things we’re reading today include … CYBG cancels digital bank deal with ex-Barclays chief Five ways banks are responding to the fintech threat Mark Carney ‘has damaged credibility of Bank of England’ Central bank independence – Is that even a thing? Rabobank explores sale of U.S.
Daily Fintech
NOVEMBER 10, 2018
This post, the 3rd in a series of 4, is written by Sheldon Freedman , a fintech and funds lawyer at Hassans in Gibraltar. Click here for last week’s post in this series.
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