Remove blogs wheres-the-atm-industry-headed
article thumbnail

Banks are extinct … oh no, they’re not

Chris Skinner

Couple this with increasing regulation, historically low interest rates, and the fact that most (73%) millennials would prefer to get their banking services from a non-financial services company, and banks seem to be headed the way of Blockbuster. million banking jobs by 2025. They won’t.

article thumbnail

A Decline in Personal Savings

TrustBank

The purpose of this blog post is not specifically to answer the question of “why?” According to the Bureau of Economic Analysis (BEA) US personal saving declined to an anemic 2.3% in October. The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%. Households in 2014 ) and another by the J.P.

US 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi

FICO

There can sometimes be a big disconnect between the leading edge of analytic innovation, where Scott lives, and the everyday trenches of the war on financial crimes, where I am. Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi. FICO Admin. Thu, 08/22/2019 - 12:37. by TJ Horan. expand_less Back To Top.

Fraud 52
article thumbnail

The End Of The Uber Experience?

PYMNTS

But friction can also be what sidelines those who set out to eliminate one friction, only to create newer, more onerous ones in the process. I’m sure all of you have your favorite examples of those — and I’ve written about many of them. Part of the complexity is that what bugs one person or business may not necessarily bother anyone else.

Boston 124
article thumbnail

The Massive Opportunity For Insurance Tech In Indonesia

CB Insights

Today, Indonesia features one of the most compelling macro backdrops for investment globally with a young, optimistic, and upwardly mobile population of 264M. Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. GET THE 106-PAGE FINTECH TRENDS REPORT.

article thumbnail

Me, Vanessa and crossing the streams

Tomorrow's Transactions

Even at a pure compliance level these PSD2 regulations pose significant questions for the structure of the existing payments industry. The UK’s Competition and Markets Authority (CMA) has published its report on the retail banking market. From Competition watchdog’s high-street banking probe disappoints — FT.com. This is correct.

Data 30
article thumbnail

FinovateSpring 2016 Live Blog – Day 2

William Mills

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Sergii Danilenko (Head of Marketing). PayActiv helps consumers with short-term cash, available to be picked up from any ATM. Check back for new updates throughout the day. Corezoid – @CoreZoid – https://www.corezoid.com/.

Video 40