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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Fibank, Mastercard Team For Garmin Pay Transactions In Bulgaria

PYMNTS

Contactless POS payments and ATM transactions will also work with Garmin Pay. Garmin Pay brings us one step further in delivering secure and convenient payment innovations.”. Security is backed by the Mastercard Digital Enablement Service (MDES) technology.

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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Drive-thru ATMs attached to bank branches have been in use for decades, but FIs are now relying on them as sole points of customer contact.

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Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits

PYMNTS

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. FICO’s Take on Debit Security. As fraud evolves, old forms of cybersecurity are not enough to keep up criminals’ increasingly innovative attacks.

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A new digital bank needs a new customer service experience

Insights on Business

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Protection (Security). Day-to-day tasks.

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Five tech trends to set banks apart in the post-digital era

Accenture

Late 19th century American farmers, threatened by industrialisation, had to use new tools and techniques to innovate and survive. Carver was certainly an innovator, having reputedly discovered three hundred uses for peanuts and hundreds more for soybeans, pecans and sweet potatoes. 1 CreditEnable.

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Crypto Regulation To Tighten Scrutiny On Money Laundering

PYMNTS

Europol has found evidence of money laundering at cryptocurrency ATMs. The BIS remarks came on the heels of Bank of England Governor Mark Carney’s statements that Facebook’s announcement shows digital currency cannot be unregulated like social media. Beyond Cryptocurrencies.