Bussman Advisory

MAY 12, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The post Instagram to start testing NFTs | Visa, Google bring virtual cards to autofill | More than $200 billion erased from entire crypto market appeared first on Bussmann Advisory AG.

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PYMNTS

JUNE 5, 2017

Last week we saw hackers prove there’s no such thing as vacation when there’s consumer data to steal, Wells Fargo continued its great rebuilding with a round of executive reorganization and Canadians said “no thank you” to the blockchain — but very politely, as is their custom. Canada Takes a Pass on the Blockchain. Here’s the rundown.

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Bank Innovation

SEPTEMBER 7, 2016

The afternoon session brought on the blockchain. The morning session at BBVA Open Talent Challenge was all about artificial intelligence. From these sessions, two winners were chosen that will have the chance to engage with a global bank — perhaps the ultimate prize for a fintech startup today. The challenge was part Read More.

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Bussman Advisory

SEPTEMBER 24, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop?

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PYMNTS

JULY 13, 2020

Sharma now joins the other two co-founders, Robert Farkas and Raymond Trapani, in admitting that they duped investors into funding the Centra Card, which was purported to allow users to purchase items with digital currencies anywhere that accepted Visa and Mastercard. They falsely claimed to have a Harvard-educated CEO backing them.

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PYMNTS

JUNE 11, 2019

Mobile wallets have become popular vehicles for storing and accessing credit card information, plane tickets and other documents. Another technology giant is leading the charge with blockchain. The network is a continuation of Microsoft’s other blockchain initiatives, including the Azure Blockchain Development Kit, released in May.

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PYMNTS

JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. Blockchain-Based Security Methods. Estonia’s government is also exploring blockchain options. More than 4.5

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PYMNTS

MAY 3, 2017

While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that make it easier to ask your friends or co-workers to cough up the cash when you pick up the tab after a night out. For example, in the insurance industry, cloud-based insurance software provider One, Inc.

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PYMNTS

JANUARY 17, 2020

All the consumer needs to do is fill out a survey, at the end of which the page asks for a credit card number to pay for the $1 phone. Consumers are advised to call billers or card providers directly to stop such charges. They can also cancel the affected cards, but that may not stop the scams. Data-Rich Defenses.

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PYMNTS

JANUARY 22, 2019

As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to surveys by CreditCards.com and YouGov Plc. In the U.S.,

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Bank Innovation

SEPTEMBER 27, 2017

Talk has shifted from last year’s discussions on blockchain and chatbots to artificial intelligence and cloud-based cores. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Many […].

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Bank Innovation

SEPTEMBER 10, 2016

On the second day of FinovateFall 2016, fintechs continued to wow attendees with bright, dazzling new finovations. Attendees from banks, credit unions, and other fintech companies saw 31 demos of technology that has applications across the financial sphere, from financial data analysis to mobile payments to trading.

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PYMNTS

MARCH 22, 2019

Blockchain still is being mulled, according to reports, but for Citi it’s a technology seemingly more useful for trade finance. Elsewhere, Intercontinental Exchange ’s plans to launch bitcoin futures, known as bakkt , have been delayed in the wake of regulatory scrutiny. Facebook : Plain text and plain wrong?

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PYMNTS

JUNE 8, 2018

There, money flows mainly through a pair of digital ecosystems that blend social media, commerce and banking — all run by two of the world’s most valuable companies,” Bloomberg reported. That contrasts with the U.S., where numerous firms feast on fees from handling and processing payments. Consider the scales involved.

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PYMNTS

JULY 27, 2017

Once bank accounts or credit cards are hacked, either online or at big box stores, trust in the payment processing system can dwindle — and that trust can become difficult to build back up. From Target to Citigroup , Home Depot and Michaels , retail and financial data breaches have been going on for years.

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PYMNTS

MARCH 17, 2017

PricewaterhouseCoopers — after 83 consecutive years of tabulating the Academy Awards without incident — managed to accidentally put the wrong card in Warren Beatty/Faye Dunaway’s hands for the Best Picture award and … well the rest is YouTube history. PwC is now called Probably Wrong Card!”. On the one hand, it’s harsh.

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PYMNTS

MAY 13, 2016

Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. Blockchain . Fluent provides corporations and financial institutions with a blockchain-based toolset for global trade and finance. In its latest funding round, Fluent secured $1.65

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Bank Innovation

NOVEMBER 28, 2016

will feature dozens of speakers on investing in innovation, chatbots, blockchain and more. Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif.,

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PYMNTS

SEPTEMBER 30, 2019

Social Media. Online marketplaces might be an obvious source of potential fraud, but the growing popularity of social commerce is also creating a rise in sales of counterfeit fashion on platforms like Instagram. Visa said that since their inception, chip cards have reduced counterfeit fraud by 87 percent.

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PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning.

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Banking 2020

DECEMBER 7, 2015

The analogy of cash and prepaid gift cards is useful. But consumers also want choice – so for instance they want to buy a store-branded gift card to give as a present. This closed-loop prepaid gift card might be restricted for use in only one chain of shops. Every shop accepts cash, making it an ubiquitous form of payment.

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Independent Banker

NOVEMBER 25, 2015

But now his current role is to focus entirely on developing forward-looking financial retail offerings, including mobile and online banking, card technologies and other emerging channels and devices. “We The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

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Tomorrow's Transactions

NOVEMBER 6, 2016

I stuck my head around the corner of a conference session, and to my surprise found that it was people talking about the blockchain again. This is apparently perfectly acceptable as proof of identity throughout the continental United States and the woman was happy to charge my card following its presentation. Pretty impressive.

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Tomorrow's Transactions

NOVEMBER 6, 2016

I stuck my head around the corner of a conference session, and to my surprise found that it was people talking about the blockchain again. This is apparently perfectly acceptable as proof of identity throughout the continental United States and the woman was happy to charge my card following its presentation. Pretty impressive.

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PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. So, we all know this – chip cards were not going to fix the problem of fraud at the POS. This is a sizzle for everyone since it removes a ton of friction. Depends on who you ask.

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PYMNTS

AUGUST 13, 2020

authorities seized over 300 cryptocurrency accounts holding millions of dollars that the three groups amassed by donations via social media. In other parts of the world, blockchain technology is being used legally to support countries’ infrastructure. The digital identification card is found in the PASS smartphone app.

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William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Chip card reader for when customers are shopping online to improve security. Verifies the card and pushes that information onto the merchant. The software/platform pieces is the ability to use virtual card numbers. Plus the 1% rewards.

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William Mills

MAY 11, 2016

Going to speak about technology can be better used in the card world. Card-linking – link to Facebook, BofA, other so you can get a targeted real-time discount offer. Use the blockchain to manage identity, that’s one of the aims of DigiByte. We are now talking Blockchain – the hottest tech platform in years.

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William Mills

SEPTEMBER 9, 2016

You can look at life events such as marriage, credit card, new job, etc. Social media is a special challenge since social media was not created with compliance in mind. I can see how some other social media channels may be more prevalent and important in the U.S. Larger banks want an API and dig-down.

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Fintech Labs Insights

AUGUST 28, 2015

Blockchain-based system to prove ownership . Tags: Payments, ecommerce, prepaid, cards. Latest round: $2.0 Total raised: $2.85 Source: FT Partners. Chronicled . HQ: San Francisco, California. Latest round: $1.4 Total raised: $1.4 Source: Crunchbase. Financial services price comparisons in Africa. Source: Crunchbase. ChartMogul.

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Fintech Labs Insights

OCTOBER 16, 2016

In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. In fact, according to a recent report from Mastercard, 88% of consumers have been issued chip cards, but only 33% of merchant locations accept them. The blockchain.

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Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Imagine this as losing a non-core credit card once per year, and then having to cancel it with the bank. Here is our factbase. They expect the breach to cost the company $150 million.

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Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Imagine this as losing a non-core credit card once per year, and then having to cancel it with the bank. Here is our factbase. They expect the breach to cost the company $150 million.

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PYMNTS

MAY 6, 2019

The notion that Facebook is going to launch and ignite a global payments network, at scale, based on its own branded cryptocurrency and achieve global merchant and consumer acceptance is as likely as the predictions a decade ago that bitcoin and blockchain would, by now, become the internet of money. Social gaming. Something like this.

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Fintech Labs Insights

APRIL 30, 2015

Electronic gift card platform. Blockchain derivatives. Payments via social media. Tags: Payments, mobile, social, Facebook, Startup Chile (investor). Total raised: $61.7 Source: Finovate. Loop Commerce. HQ: Palo Alto, California. Latest round: $16 million Series B. Total raised: $29.2 Source: FT Partners.

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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.

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Lex Sokolin

JUNE 24, 2019

Second, the color sticks out like the red alarms we all associate with a dopamine kick from our social media and smartphone interactions. Today, those payment rails are going to be connected to the debit or credit card entered into your account. Talk about getting value for sponsorship dollars! Sneaky, sneaky, sneaky!

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