Trending Articles

Monzo and Marcus: American challengers or just noise?

Chris Skinner

My mate Ron Shevlin is on good form these days.

Regulators, Lawmakers Press Facebook For Answers On Libra

PYMNTS

News of the launch of Facebook cryptocurrency Libra has highlighted how the U.S. government will respond to the introduction of new digital currencies.

G7 Raises Concerns Over Facebook’s Libra

PYMNTS

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

Chicago restaurant Steak 48 embraces WeChat Pay as Chinese tourists expand mobile platform

Mobile Payments Today

Steak 48, a Chicago-based steakhouse, is embracing mobile wallet applications from China by adding WeChat Pay to the platforms it accepts after previously adding UnionPay

Citizens Bank sees digital mortgage tools as a way to expand relationships

Bank Innovation

Citizens Bank is generating one-third of its mortgage applications online, thanks to a suite of tools the company rolled early this year and a partnership with San Francisco-based fintech firm Blend.

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.

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.

From channel to consumer: humanizing payments

Mobile Payments Today

The payments industry needs to make adjustments based on the needs of their customers, whether related to age, geography or other factors

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.

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?

Tools 141

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.

Apple Expands Apple Card Testing

PYMNTS

Apple has expanded the test phase of its credit card with Goldman Sachs to its retail employees, according to a report by Bloomberg.

Apple 242

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 171

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.

US 168

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.

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.

Cards 279

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

Anthemis’ Williams: Fintechs in a race to become customers’ primary financial provider

Bank Innovation

The road to growth for consumer fintech companies is taking a platform-based route, with single-offering companies increasingly taking on a family of additional services to lock in customers.

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

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.

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

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.

Data 157

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

POS Payments At The Speed Of Sound (Waves)

PYMNTS

Friction bedevils all types of retail — and that holds true for transactions inside stores or via eCommerce sites. At the same time, the ongoing effort to create true omnichannel experiences for consumers often runs into roadblocks of friction, frustrating merchants and consumers alike.

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

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.

“A Credit Union Member Walks Into A Car Dealership…” (Part 2)

Credit Union Geek

This is a continuation of “Unseen Credit Union Competition“ Last time, you saw what members receive after buying a car or home. Now, we rewind to the buying process itself. Car Dealers & Credit Unions: A Necessary Alliance In my business, I work with a wide variety of credit unions. Small to large, urban and […]. The post “A Credit Union Member Walks Into A Car Dealership…” (Part 2) appeared first on Credit Union Geek.

Things worth reading: 20th June 2019

Chris Skinner

Things we’re reading today include … Libra: Facebook launches cryptocurrency in bid to shake up global finance Donald Trump attacks ECB for ‘currency manipulation’ Challenger bank CYBG looks to Branson brand Lloyds staff happy with chief executive’s £6.3m

FPC Chooses Industry Expert Kimberly Ford As Exec Director

PYMNTS

The U.S. Faster Payments Council ( FPC ) has chosen industry expert Kimberly Ford as the organization’s first executive director. Ford, who used to work with the First Data Corporation, will start on June 24 (Monday), the company said in a release.

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

Survey 130