Chris Skinner

MARCH 7, 2017

The post Things worth reading: 8th March 2017 appeared first on Chris Skinner's blog. Bank of England deputy governor with brother in senior Barclays role faces calls to resign .

National 190

National Regulation System Data 190

PYMNTS

AUGUST 23, 2018

Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S.

National 100

National Apple Online Marketing 100

PYMNTS

DECEMBER 26, 2018

A 2017 Annual Cybersecurity Report (ACR) from Cisco found companies that suffer a data breach could have customer, opportunity and revenue losses exceeding 20 percent. According to Robert Ackerman, Jr., ” Those cyberattacks cost companies in all areas. Ackerman also warned that another wave of ransomware is expected to hit in 2019.

National 192

National Washington Data Security 192

PYMNTS

AUGUST 22, 2019

The Navajo Nation announced that it has settled its lawsuit against Wells Fargo & Co for $6.5 The Navajo Nation sued Wells Fargo in federal and tribal courts in 2017, claiming it targeted tribal members with “predatory sales tactics.”

National 108

National Alabama Colorado Taxes 108

PYMNTS

SEPTEMBER 14, 2017

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it.

National 174

National Guidelines Resources Tools 174

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. In the U.K.,

National 165

National Fintech New York Exercises 165

PYMNTS

JANUARY 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We 11 may be involved in the breach.

National 138

National Data Payments Cards 138

PYMNTS

JANUARY 9, 2017

On this year’s National Returns Day — January 5, 2017 — more than 1.3 That’s up nearly 30 percent from 1 million packages on last year’s National Returns Day. Here are the numbers: 1/5/17 | National Returns Day. million | Items returned on National Returns Day in 2017.

National 100

National Data Retail Online 100

PYMNTS

MARCH 23, 2017

But what happens when the prime mover behind the theft is an actual nation? Acting not against individuals, but another nation? The landscape is dynamic and demands, among other measures, a cybersecurity defense force, the Admiral told IP 2017 attendees. and beyond.

National 103

National New York System Operations 103

PYMNTS

DECEMBER 13, 2017

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. In its announcement, First National Bank alluded to the rise of alternative and marketplace lenders, many of which have changed the way small businesses apply for and receive financing. “We

National 108

National Lending Online Mobile 108

PYMNTS

OCTOBER 4, 2016

Announced today [October 4], the Federal Reserve is beginning a review of 19 proposals from two national payment industry taskforces charged with identifying potential faster U.S. The first part is planned for release in January 2017. Part two of the report should be released in mid-2017. payments system.

Payments 183

Payments System Groups Analysis 183

PYMNTS

SEPTEMBER 18, 2020

In case you missed it, Google and Apple were enveloped by a teensy scandal of sorts back in 2017. 18, otherwise known as National Cheeseburger Day. That’s undoubtedly what inspired Domino’s to create the cheeseburger pizza for National Cheeseburger Day. You can laugh, but it made headlines. In both the U.S.

National 136

National Google California Apple 136

PYMNTS

FEBRUARY 20, 2019

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. million votes for the 2017 Rock & Roll Hall of Fame induction. The company had been focused on creating online voting platforms, and had processed roughly 1.9

National 161

National blockchain Cleveland cryptocurrency 161

PYMNTS

JUNE 4, 2018

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya , AIG received a surge of cyber claims in 2017: The insurer saw as many claims notifications as the previous four years combined, RT reported. researcher hadn’t quickly found and activated the kill switch.”. After a week, files were locked for good.

Data 109

Data National Bitcoin System 109

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.

Mobile 137

Mobile Payments New York City Samsung 137

PYMNTS

JANUARY 29, 2019

During the fourth quarter of 2018, ACH Network volume saw more growth than it has in the last decade, according to the National Automated Clearing House Association (NACHA), which noted same-day ACH payments also reached a new level. Same-day ACH payment volume also increased by 46 percent over Q4 of 2017. Upwards of 5.9

Payments 164

Payments Meeting Washington National 164

PYMNTS

OCTOBER 20, 2016

But Bulk Nation had a radical idea about fixing that problem. “We have more than 3,000 items available on our shelves,” Bulk Nation President Clay Donato noted, “and we mean it when we say customers can buy whatever they want. There is a container, and that’s what the customer buys. You can buy just a pound.

National 100

National Florida Jacksonville Oklahoma 100

Chris Skinner

MARCH 5, 2017

I was chairing a panel where Romana Kumar, Head of Global Transaction Banking for the National Bank of Abu Dhabi (NBAD), was discussing their trial of Ripple. They struggled so much that they ended up having to lay off a load of staff, cut budgets and defer income.

Charlotte 150

Charlotte Fintech blockchain Maine 150

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. drop from last year. this year — versus $22.74

National 131

National Retail Survey Examples 131

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2017 from $2.6 based economic research firm. Collectively, the amount of those loans reached $3.9 billion in 2015.

Lending 103

Lending Online Community Washington 103

PYMNTS

JULY 1, 2017

billion : How much Americans plan to spend celebrating July 4th in 2017 — a slight 1.4 31 million : The number of Americans who say they will be traveling this 4th of July weekend, citing record low gas prices (the national average is $2.23, with some regions averaging below $2). For example: $6.8 percent increase from last year.

United States 125

United States Boston Comparison National 125

PYMNTS

APRIL 24, 2017

Recovery has been slow for the national grocer since prices fell in February. The national pharmacy and retailer recently announced it aims to grow its wellness cred in an effort to position itself as a health retailer. WFM looked to close out the third week of April trading on a high note, worth $35.83 at the time of writing — up 0.93

National 108

National Retail Branding Course 108

PYMNTS

MAY 15, 2018

The Central Bureau of Investigation (CBI), India’s main investigative agency in the country, has filed charges in the Punjab National Bank fraud case against Nirav Modi, the jewelry retail owner, and his uncle Mehul Choksi, as well as senior executives at the state-run lender.

Fraud 100

Fraud National Maine System 100

Bank Innovation

SEPTEMBER 1, 2017

India may overtake China as the world’s leader in fintech service adoption, according to a report released by Ernst & young, entitled EY FinTech Adoption Index 2017.

Fintech 319

Fintech National Report Payments 319

CFPB Monitor

SEPTEMBER 5, 2018

announced they have been granted preliminary approval by the OCC of their application to form a de novo national bank, which they claim “put[s] Varo on track to become the first all-mobile national bank in the history of the United States.”. In a press release , the organizers of Varo Bank, N.A.

National 68

National Fintech United States New York 68

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank. In 2019, it expanded by buying its fourth branch from a competitor.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

FEBRUARY 8, 2018

It wasn’t until November 2017 that The Clearing House (TCH) debuted its Real-Time Payments (RTP) scheme — a system that isn’t expected to see across-the-board adoption until 2020. banks before it can become interoperable with other nations’ schemes, according to Art Brieske, head of faster payments at JPMorgan Chase.

National 109

National Payments System Marketing 109

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Malls, retail stores and even some bank branch closings proliferated in 2017. Payments chaos.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

MAY 1, 2017

The dividend of $7 per share will be payable May 26, 2017, to shareholders on record at the close of business. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. The move comes a week after Barclays upgraded Costco stock to overweight, raising its target price to $185 per share.

National 100

National Las Vegas Texas Columbus 100

CFPB Monitor

MARCH 6, 2017

The CFPB has issued its February 2017 complaint report that highlights credit reporting complaints. General findings include the following: As of February 1, 2017, the CFPB handled approximately 1,110,100 complaints nationally, including approximately 29,700 complaints in January 2017.

Louisiana 88

Louisiana Report South Dakota New Hampshire 88

Abrigo

JANUARY 6, 2017

Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. Kimberley N. But how are accountants supposed to keep up with all of the technological trends ?

Trends 218

Trends blockchain Taxes Survey 218

South State Correspondent

DECEMBER 5, 2016

The other major drawback is that hunting for the highest rate on your deposits is a national pastime only eclipsed by baseball and trying to stay out of sinkholes. These guys are everywhere, and if you live here, it gets old.

Florida 150

Florida Strategy National 150

PYMNTS

JULY 16, 2018

New rules may loom for technology providers pertaining to privacy — on a national level. Reports have pointed to retailers as garnering a high percentage of junk ratings since the beginning of 2017, roughly 18 percent of retailers landing a CCC rating by Standard & Poor’s. billion in fees through the first half of this year.

National 100

National California Regulation United States 100

PYMNTS

NOVEMBER 16, 2018

The shift could possibly cause payments to move underground and particularly impact nations that are dependent on remittances, Reuters reported. 16) that the practice still fell in popularity in 2017. percent in 2017 per the flow of SWIFT interbank payment messages. Correspondent banking decreased by 4.1

Regulation 190

Regulation National Survey Regional 190

PYMNTS

OCTOBER 10, 2016

Macy’s is going to China — digitally speaking — with the 2017 launch of a Chinese eCommerce portal in the largest eCommerce market in the world. Macy’s announced the planned move last week at an event in Shanghai. Chinese consumers want to know many details, while U.S consumers only want to check out quickly,” Jones said. “We

social media 100

social media United States New York Branding 100

CFPB Monitor

JULY 23, 2019

Equifax has agreed to pay $575 million to settle consumer as well as state and federal regulatory claims for its 2017 data breach. 2017 Data Breach. The fund will also compensate consumers who bought credit or identity monitoring services from Equifax and paid other out-of-pocket expenses as a result of the 2017 data breach.

Data 99

Data Puerto Rico District of Columbia Security 99

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. On April 13, 2017, from 12:00 p.m. General findings include the following: As of March 1, 2017, the CFPB handled approximately 1,136,000 complaints nationally, including approximately 26,300 complaints in February 2017.

Massachusetts 89

Massachusetts Cards Report West Virginia 89