Chris Skinner

MAY 30, 2017

Here is how he saw things … Fintech in Rwanda: the place where Telcos are surpassing Banks in the financial sector Telcos dominate in the financial sector of Rwanda Last week I participated in the leading fintech conference in Africa “Dot Finance”, which took place in Kigali, capital of Rwanda. ATM of Rwanda”: Tigo Cash agent.

Mobile 334

Mobile ATM Fintech Conference 334

PYMNTS

OCTOBER 22, 2019

Through its partnership with Silicon Valley firm i2c, Evolve will allow the FinTechs it works with across the country to custom-build unique banking and payment products across a variety of form factors. Founded in 1925, Evolve Bank & Trust operates retail branches throughout the mid-south and mortgage production offices nationwide.

Fintech 100

Fintech FDIC ATM Cards 100

PYMNTS

DECEMBER 26, 2019

One can almost feel it in the bones: the excitement to come in the world of payments in 2020, as innovation sparks new business models and disruption. Red Hat, which launched in 1993, specializes in Linux operating systems — an alternative to Microsoft’s proprietary software.

Software 132

Software Payments ATM Course 132

PYMNTS

MARCH 1, 2020

It’s our constant aim at NPCI to reach out to the vast unbanked population with technology innovation,” said Kunal Kalawatia, head of marketing at NPCI. NPCI will assist workers with using the local payment network Rupay, which operates with ATMs, point of sales (POS) devices and eCommerce sites.

Fintech 130

Fintech ATM National Maine 130

PYMNTS

MAY 20, 2020

COVID-19 has forced many CUs to limit their brick-and-mortar hours of operation or close their branches completely, leaving CU members to rely primarily — and sometimes exclusively — on their CUs’ digital banking options. PYMNTS research shows that 41.5 This competitive edge has disappeared in recent months, however.

Data 152

Data Digital Banking Innovation Fintech 152

PYMNTS

APRIL 2, 2020

Other banks and B2B FinTechs, meanwhile, have found additional ways to wield the power of the commercial card this week. PYMNTS rounds up the latest in commercial card innovation below. PayRange is another FinTech using card products to accelerate access to capital for businesses and professionals.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

MARCH 3, 2020

Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. That's a rolling ATM.

Industry 219

Industry Payments Retail Regulation 219

Chris Skinner

JULY 25, 2017

Housed at the World Bank, CGAP’s mission is to improve the lives of poor people by spurring innovations and advancing knowledge and solutions that promote responsible, sustainable, inclusive financial markets. For example, I have a bank account that offers unlimited ATM withdrawals anywhere in the world at no direct cost to me.

ATM 274

ATM Bitcoin Retail blockchain 274

PYMNTS

JANUARY 20, 2019

In other news, the Stock Exchange of Thailand (SET) has applied for a license to operate a digital assets exchange platform. Bitcoin ATM company Coinme is partnering with Coinstar to allow bitcoin purchases through Coinstar kiosks at select Safeway or Albertsons stores in California, Texas and Washington state.

Bitcoin 178

Bitcoin Texas Washington ATM 178

PYMNTS

JANUARY 29, 2020

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Few are more familiar with this challenge than St. Louis, specifically, is very overbanked.”.

St. Louis 130

St. Louis Missouri Survey Kansas 130

Insights on Business

JANUARY 4, 2018

In banking and in financial services generally, we’re seeing new technologies emerge every day, in both customer-facing and operational capabilities. This is due, in part, by the rise of the fintechs, which are driving innovation across every area of banking. Banks want immediate scalability. Initially, the public was skeptical.

Customer Experience 156

Customer Experience Innovation Fintech System 156

PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

APRIL 11, 2019

Among the many AI and machine learning systems available on the market, there is one particularly versatile type of AI, having been engineered specifically to enhance financial and payment operations: smart agents. Smart agents can adapt to complex ecosystems, and be assigned to perform particular functions.

System 185

System ATM Analysis Survey 185

Chris Skinner

JUNE 25, 2017

He had found a nice little FinTech start-up with a really neat Open API capability which could … How does a financial curator make money? Derek is responsible for the drive to transform the customer value proposition, including … 12 reasons why banks don’t innovate I just got back from the ICEEfest in Bucharest, Romania.

Millennials 164

Millennials ATM Maine Fintech 164

PYMNTS

SEPTEMBER 17, 2020

Though the pandemic has spurred a decline in cash use and acceptance, according to the bank, and banks have “rationalized” ATM fleets, there still is “importance” in keeping access to cash in place.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

OCTOBER 30, 2018

Translating that trust advantage into mobile market share, however, is another matter entirely, as was discussed in a recent PYMNTS interview with Gerhard Oosthuizen, chief technology officer for Entersekt , a South Africa-based FinTech firm that focuses on mobile authentication and app security software. Trust Advantage.

Mobile 184

Mobile UX Security Fintech 184

PYMNTS

JUNE 17, 2020

At the broader level, commercial card innovators — both within the T&E arena and elsewhere — are pressing further into the spend management space, heightening the ability for businesses to control and analyze expenses as more companies tighten their belts and focus on recovery. BNP Paribas Adds Virtual Cards To Coupa.

Cards 169

Cards Management Tools Report 169

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

Chris Skinner

MAY 29, 2017

During the discussions at Dot Finance Africa, there was a very interesting dialogue about the mobile network operators (MNOs), with panels featuring Airtel and M-PESA. That’s like having an ATM every three strides. Huge numbers of these operators exist everywhere, and their advertising is ubiquitous. You can’t miss them.

Mobile 283

Mobile ATM Operations Customer Experience 283

PYMNTS

OCTOBER 16, 2017

From an acronym known mostly by programmers in the early 2000s to something thousands of innovators have embraced to ignite numerous innovative solutions, it’s been an electric journey for the application program interface (API). APIs are critical stepping stones to the banks’ digital future, he noted. Bringing Banks Up To Speed.

Technology 200

Technology Innovation ATM Resources 200

Insights on Business

FEBRUARY 13, 2019

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. They use the Bradesco infrastructure, but they operate in parallel. With Next, Bradesco is able to test innovative ways to capture customer’s attention, evolve and integrate new products into digital channels. Hyper-connected journey.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. These can be used as ATMs but also offer video banker service,” Versluys says. “We What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

MARCH 7, 2019

However, the way payments innovation is pursued — and becomes reality — is changing, too. Furthermore, the lines between financial services, FinTech firms, payment providers and even open source “communities” continue to blur as collaboration takes shape. Making Old ATMs New(ish).

ATM 194

ATM Innovation Payments blockchain 194

NCR

SEPTEMBER 15, 2016

However, it’s also true that many of the greatest technology innovations didn’t meet a need, they created one. We know the first half of 2016 brought in record investments for fintech , which is exactly what was expected. Again, those technologies will keep coming—with innovation, that’s just the nature of the beast.

Fintech 40

Fintech Technology US Tools 40

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

NCR

JULY 14, 2017

Giving the entire global population access to banking services will require a collaborative effort spanning various channels and financial systems, from the most familiar to the most innovative. One significant trend that ensures cash will remain part of the debate around financial inclusion is innovation in the self-service channel.

ATM 80

ATM Industry Conference Bitcoin 80

PYMNTS

JANUARY 6, 2021

At a high level, he said, electronic payments generate value for FIs because they are able to monitor how and when (and why) people pay, which can give rise to innovation within the financial services space with new services that prove useful to consumers. And they're used basically once with an ATM to withdraw" funds, said Diaz.

Payments 363

Payments User Experience System Mobile 363

FICO

APRIL 28, 2020

The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Decision Management Innovation.

Analytics 52

Analytics Fraud Management Innovation 52

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. Visa, Sabre Pair For Virtual Travel Cards.

Cards 131

Cards New York Lending Strategy 131

Insights on Business

NOVEMBER 22, 2017

The changes we see in the global payments landscape, driven by innovative technologies, are fundamentally changing the industry, but they come with a brand new set of challenges. Over the past decade, sophisticated fraudsters have learned to rapidly scale up their attacks, making them more skilled at exploiting payment systems.

Fraud 125

Fraud Payments Innovation Industry 125

Fintech Labs Insights

JANUARY 8, 2017

FI/fintech partnerships and investments such as the above notwithstanding, the U.S. At the same time, the OCC is doing what it can to make it easier for fintech companies to become a part of the regulated federal financial system. Auto financing is one of the areas where insurtech has held the most promise in terms of innovation.

Fintech 12

Fintech blockchain Technology Lending 12

NCR

NOVEMBER 22, 2017

In a recent whitepaper published by FinTech Network, Chris Mager of BNY Mellon said using blockchain for payments could improve speed, convenience and availability for customers, as well as delivering operational efficiencies and cost savings for banks.

blockchain 56

blockchain New York City Conference cryptocurrency 56

NCR

MAY 8, 2017

Today’s customers have more choice than ever when it comes to managing their finances, and competition from innovative new players in the fintech space is fiercer than ever. Keeping up with the fintechs. Then, at some point in the future when the time is right, they can merge these operations.

System 74

System Branding Fintech Technology 74

CB Insights

FEBRUARY 1, 2019

GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B T-Cash counts 20M registered users (though just 4M active users).

Policies 61

Policies Lending Operations Examples 61

PYMNTS

APRIL 1, 2016

It allows a small business owner to more efficiently operate a business from their office, so they don’t need to make trips to the branch. The natural transition of consumers adopting FinTech innovations into business owners doing the same is key, but it doesn’t happen all at once. A Natural Transition.

Payments 100

Payments Mobile Tools Technology 100

PYMNTS

FEBRUARY 22, 2019

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. Delving Deeper .

Innovation 153

Innovation Regional System America 153