INDUSTRY INSIGHTS YOUR PEERS ARE READING
I was listening to a great discussion about innovation (again) amongst a group of innovative bankers. As the conversation progressed, it made me reflect on a few things. In particular, how the conversation about innovation has changed over the past decade. MORE
The global slowdown in mobile device sales is not considered a direct factor in the relatively tepid adoption of contactless payments in the U.S., according to industry analysts MORE
CNP fraud contributes 73% to total card fraud in Europe. View our latest infographic to learn more MORE
Matt Oppenheimer, CEO and co-founder of digital remittance company Remitly, will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking. MORE
Last week our theme was “The Action in China.” ” Our theme for this week is “Basis shuts down. Will regulation kill crypto? “ Basis, a cryptocurrency stablecoin, is shutting down and returning the capital to its investors because of regulation challenges. MORE
The Clearing House's "tremendous effort" to bring realtime payments (RTP) to the entire U.S. MORE
Bank of America has redesigned its mobile app for the iPad. The new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app. MORE
Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. MORE
Since the AI boom, there have been several stories about people losing jobs. Repetitive jobs are the ones that are most suited for robots to take over. So would there be a time when we get to tell the Regulators “You are Fired”? MORE
Square is patenting technology to dominate payments throughout venues. In September 2017, Square invested in Eventbrite, the online event management and ticketing service. . MORE
This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing MORE
This past year brought governance, risk and compliance (GRC) to the center stage. Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. MORE
The main blog headlines are … Open Banking: Strategy and Presentation I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. Open Banking Strategy and Business Model from Chris Skinner … The post The Finanser’s Week: 10th December – 16th December appeared first on Chris Skinner's blog. Blog Index Grid Reading MORE
A majority of Bank Innovation readers do not believe the results of the November midterm elections will have any impact on regulation pertaining to the fintech industry. MORE
Instacart will have to conquer the grocery-delivery business without the help of Amazon. That’s one take on the news Thursday (Dec. 13) that Instacart has begun the process of winding down deliveries to customers of Amazon-owned Whole Foods. MORE
Over the past year, the discussion of governance, risk and compliance (GRC) has continued in stories related to financial services and other sectors. MORE
I present regularly to retail, commercial and investment banks, wealth managers and fund managers, insurance companies and more about how technology is transforming everything. I often can feel a sense of cynicism in the room. MORE
This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing MORE
No, I’m not talking about the clothing pattern. Plaid is a Fintech startup which just announced a Series C funding round of $250 million. That gives them a valuation of $2.65B. Yes, billion. Chances are, 25% of your credit union members are using their service without even knowing. And Plaid isn’t alone, either in ubiquity or […]. The post Plaid Among Fintechs You’ve Never Heard Of But Changing Banking appeared first on Credit Union Geek. MORE
Investors have poured billions of dollars into the so-called sharing economy since 2010. Over this same period of post-recession transformation, brick-and-mortar retail has struggled. MORE
In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. MORE
Many financial institutions—especially small, community-focused ones—have limited marketing budgets. As a result, every investment has to count, and every piece of content has to make an impact. MORE
Forget millennials. Fintechs are starting to target a new age demographic: retirees. Today, retirees in the US are increasingly digitally savvy and living longer in retirement. As a result, new fintech startups are emerging to service the financial needs of this growing population. According to the Population Reference Bureau, the number of people age 65+ in the United States is set to jump from 46M in 2015 to 64M by 2025, and on to nearly 100M by 2060. Want the full expert post? MORE
Automated testing is an increasingly important consideration as payment providers, retailers and other companies expand the number of options that consumers and merchants can use MORE
I was talking with a banker at a recent conference, and was surprised by his attitude. MORE
Facebook , the beleaguered social media giant that is facing intense scrutiny into its business practices, could be on the hook for a multibillion dollar fine, reported CNN. MORE
I just gave a presentation on blockchain. I haven’t been asked to make a specific presentation on blockchain for over a year, so it meant dusting off some rusty notes and slides and thinking about where we are today. MORE
Robinhood , the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from that, removing any mention of checking and savings from the product. MORE
Amazon , Apple and Google are among the large tech companies that are throwing their support behind the creation of a real-time payments network in the U.S. led by the Federal Reserve. MORE
Innovation is not itself an outcome at Wells Fargo & Company, according to the bank’s head of innovation, Lisa Frazier. But that doesn’t mean it’s not happening. MORE
By any measure, 2018 was the Year of Artificial Intelligence—“31 flavors of AI” and then some. MORE
No one can say for certain what the future holds for banking and financial services, but some people are in a better position to make guesses than others. One of those whose job is to make bets on what will come next is Lisa Frazier, head of innovation for Wells Fargo & Co. Here are […]. MORE
There’s a new method hackers can use to break into someone’s smartphone: create a 3D-print life-size replica of the owner’s head. To show how the method can work, Forbes reporter Thomas Brewster had a 3D print of his own head created at Backface in Birmingham, U.K. MORE
It’s been six months since the General Data Protection became law of the land, at least in the European Union, and yet the majority of companies that must be in compliance with that mandate are woefully unprepared. MORE
Public transit systems in New Jersey, New York, Chicago and other major metropolitan areas are converting their systems to accept contactless payments, which experts say will reduce costs and help improve ridership MORE
PYMNTS
DECEMBER 18, 2018
Amazon , Apple and Google are among the large tech companies that are throwing their support behind the creation of a real-time payments network in the U.S. led by the Federal Reserve.
Mobile Payments Today
DECEMBER 18, 2018
Public transit systems in New Jersey, New York, Chicago and other major metropolitan areas are converting their systems to accept contactless payments, which experts say will reduce costs and help improve ridership
Chris Skinner
DECEMBER 12, 2018
I was talking with a banker at a recent conference, and was surprised by his attitude.
Insights on Business
DECEMBER 17, 2018
Over the past year, the discussion of governance, risk and compliance (GRC) has continued in stories related to financial services and other sectors.
Bank Innovation
DECEMBER 18, 2018
A majority of Bank Innovation readers do not believe the results of the November midterm elections will have any impact on regulation pertaining to the fintech industry.
PYMNTS
DECEMBER 17, 2018
Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance.
Chris Skinner
DECEMBER 13, 2018
I just gave a presentation on blockchain. I haven’t been asked to make a specific presentation on blockchain for over a year, so it meant dusting off some rusty notes and slides and thinking about where we are today.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Mobile Payments Today
DECEMBER 14, 2018
Automated testing is an increasingly important consideration as payment providers, retailers and other companies expand the number of options that consumers and merchants can use
Bank Innovation
DECEMBER 18, 2018
Many financial institutions—especially small, community-focused ones—have limited marketing budgets. As a result, every investment has to count, and every piece of content has to make an impact.
PYMNTS
DECEMBER 16, 2018
Facebook , the beleaguered social media giant that is facing intense scrutiny into its business practices, could be on the hook for a multibillion dollar fine, reported CNN.
Chris Skinner
DECEMBER 16, 2018
I present regularly to retail, commercial and investment banks, wealth managers and fund managers, insurance companies and more about how technology is transforming everything. I often can feel a sense of cynicism in the room.
Insights on Business
DECEMBER 14, 2018
Mobile Payments Today
DECEMBER 13, 2018
The global slowdown in mobile device sales is not considered a direct factor in the relatively tepid adoption of contactless payments in the U.S., according to industry analysts
Bank Innovation
DECEMBER 18, 2018
No one can say for certain what the future holds for banking and financial services, but some people are in a better position to make guesses than others. One of those whose job is to make bets on what will come next is Lisa Frazier, head of innovation for Wells Fargo & Co. Here are […].
PYMNTS
DECEMBER 16, 2018
Robinhood , the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from that, removing any mention of checking and savings from the product.
Chris Skinner
DECEMBER 17, 2018
I was listening to a great discussion about innovation (again) amongst a group of innovative bankers. As the conversation progressed, it made me reflect on a few things. In particular, how the conversation about innovation has changed over the past decade.
Daily Fintech
DECEMBER 13, 2018
Since the AI boom, there have been several stories about people losing jobs. Repetitive jobs are the ones that are most suited for robots to take over. So would there be a time when we get to tell the Regulators “You are Fired”?
Mobile Payments Today
DECEMBER 17, 2018
This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing
Bank Innovation
DECEMBER 17, 2018
Matt Oppenheimer, CEO and co-founder of digital remittance company Remitly, will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking.
PYMNTS
DECEMBER 12, 2018
In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success.
CB Insights
DECEMBER 14, 2018
Square is patenting technology to dominate payments throughout venues. In September 2017, Square invested in Eventbrite, the online event management and ticketing service. .
Mobile Payments Today
DECEMBER 18, 2018
CNP fraud contributes 73% to total card fraud in Europe. View our latest infographic to learn more
Bank Innovation
DECEMBER 17, 2018
The Clearing House's "tremendous effort" to bring realtime payments (RTP) to the entire U.S.
PYMNTS
DECEMBER 14, 2018
Instacart will have to conquer the grocery-delivery business without the help of Amazon. That’s one take on the news Thursday (Dec. 13) that Instacart has begun the process of winding down deliveries to customers of Amazon-owned Whole Foods.
Daily Fintech
DECEMBER 16, 2018
Last week our theme was “The Action in China.” ” Our theme for this week is “Basis shuts down. Will regulation kill crypto? “ Basis, a cryptocurrency stablecoin, is shutting down and returning the capital to its investors because of regulation challenges.
Mobile Payments Today
DECEMBER 17, 2018
This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing
Bank Innovation
DECEMBER 14, 2018
Bank of America has redesigned its mobile app for the iPad. The new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app.
PYMNTS
DECEMBER 17, 2018
There’s a new method hackers can use to break into someone’s smartphone: create a 3D-print life-size replica of the owner’s head. To show how the method can work, Forbes reporter Thomas Brewster had a 3D print of his own head created at Backface in Birmingham, U.K.
Chris Skinner
DECEMBER 16, 2018
The main blog headlines are … Open Banking: Strategy and Presentation I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. Open Banking Strategy and Business Model from Chris Skinner … The post The Finanser’s Week: 10th December – 16th December appeared first on Chris Skinner's blog. Blog Index Grid Reading
CB Insights
DECEMBER 13, 2018
Investors have poured billions of dollars into the so-called sharing economy since 2010. Over this same period of post-recession transformation, brick-and-mortar retail has struggled.
FICO
DECEMBER 17, 2018
By any measure, 2018 was the Year of Artificial Intelligence—“31 flavors of AI” and then some.
Bank Innovation
DECEMBER 14, 2018
Innovation is not itself an outcome at Wells Fargo & Company, according to the bank’s head of innovation, Lisa Frazier. But that doesn’t mean it’s not happening.
PYMNTS
DECEMBER 17, 2018
It’s been six months since the General Data Protection became law of the land, at least in the European Union, and yet the majority of companies that must be in compliance with that mandate are woefully unprepared.
Credit Union Geek
DECEMBER 13, 2018
No, I’m not talking about the clothing pattern. Plaid is a Fintech startup which just announced a Series C funding round of $250 million. That gives them a valuation of $2.65B. Yes, billion. Chances are, 25% of your credit union members are using their service without even knowing. And Plaid isn’t alone, either in ubiquity or […]. The post Plaid Among Fintechs You’ve Never Heard Of But Changing Banking appeared first on Credit Union Geek.
CB Insights
DECEMBER 18, 2018
Forget millennials. Fintechs are starting to target a new age demographic: retirees. Today, retirees in the US are increasingly digitally savvy and living longer in retirement. As a result, new fintech startups are emerging to service the financial needs of this growing population. According to the Population Reference Bureau, the number of people age 65+ in the United States is set to jump from 46M in 2015 to 64M by 2025, and on to nearly 100M by 2060. Want the full expert post?
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