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Can Smartphones Solve ATM Skimming

Banking 2020

ATM skimming remains a big business for organized crime rings. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Another disadvantage of using mobile phones as a card replacement is the use of QR codes, instead of the more flexible NFC, HCE or Bluetooth standards.

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Mobile: Why Smartphone Banking Usage Rates Have Stalled

Fintech Labs Insights

Every new banking technology of the past 40 years (including ATMs) have struggled to get more than 50% adoption. But I''m convinced that part of the problem is a flawed mobile banking UI/UX. Even then, I was shocked that its mobile app only displayed the last 20 credit card transactions. That''s not easy to solve.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology. The important chatbots of 2019 aren’t all-knowing virtual butlers; they’re highly targeted applications of conversational technology. Table of Contents. Get the full report.

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Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

Fintech Labs Insights

While there is no word yet on UI and UX specifics such as emojis with special powers, gifs, and social feeds, there have been a few questions about the name Zelle, which Urban Dictionary defines as, “a girl who is attractive and intelligent.” A big deal in ATMs gets a second look. The deal closed for $1.8

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